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Pope warns the Vatican pension fund needs reform; employees demand transparency
Pope Francis is warning that the Vatican's troubled pension fund faces a “serious imbalance” and cannot guarantee future obligations without “urgent structural” reformsWorld - ABC News - 2 days ago -
Container Store Doesn't See Funding Deal With Beyond Closing
The $40 million deal represented a financial lifeline for the company that has experienced dwindling sales and quarterly losses.Business - The Wall Street Journal - 2 days ago -
NI Water funding model fit for purpose, says minister
In March, an audit report said there should be a comprehensive expert review of how NI Water was funded and governed.Top stories - BBC News - Yesterday -
Giannis Antetokounmpo launches venture capital fund for investments in sports and entertainment
Giannis Antetokounmpo is looking for some assists off the court, aiding with investments in early stage startup companiesSports - ABC News - 2 days ago -
Leveraged hedge funds magnified August market sell-off, Fed says
US central bank report pins blame for trading volatility partly on investors that had taken on too much debtWorld - Financial Times - 22 hours ago -
Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary
The founder of Key Square Group was deemed a strong favorite to lead the Treasury Department, along with several other contenders.Business - CNBC - 19 hours ago -
Trump picks hedge-fund investor Scott Bessent for treasury secretary
Job is one of most powerful in Washington with huge influence over US economy and financial markets. Trump’s administration and White House staffing picks and likely contenders – so far ...World - The Guardian - 18 hours ago -
Trump picks hedge fund manager Scott Bessent to serve as treasury secretary
President-elect Donald Trump on Friday announced he had asked Scott Bessent, a hedge fund executive and top fundraiser to his campaign, to serve as secretary of the Treasury Department.Top stories - NBC News - 17 hours ago -
Trump picks hedge fund exec Scott Bessent as treasury secretary
President-elect Trump announced a barrage of new picks for key roles in his administration, including hedge fund manager Scott Bessent to be his treasury secretary. NBC’s Aaron Gilchrist reports ...Politics - NBC News - 5 hours ago -
Tech boom forces US funds to dump shares to avoid breach of tax rules
Asset managers including Fidelity and T Rowe Price are bumping up against limits on size of large holdingsWorld - Financial Times - October 25 -
Alphabet's self-driving unit Waymo closes $5.6 billion funding round as robotaxi race heats up in the U.S.
Alphabet-owned driverless vehicle unit Waymo just closed a $5.6 billion funding round to expand its robotaxi service across the U.S.Business - CNBC - October 25 -
How a U.S. sovereign wealth fund could help Americans and challenge China’s global influence
Direct investment in long-term international development projects could boost Americans’ well-being for generationsBusiness - MarketWatch - October 26 -
Newsom calls for big boost in funding for California's film and TV tax credit, throwing Hollywood a lifeline
Gov. Gavin Newsom has unveiled plans to increase the cap on California's film and TV tax credit program to $750 million as Hollywood struggles to compete with rivals.Entertainment - Los Angeles Times - October 27 -
Peter Thiel’s Founders Fund leads $500mn fundraising for AI cloud group Crusoe
Deal values infrastructure start-up at $3bn as it benefits from spending surge on generative AIBusiness - Financial Times - October 29 -
OpenAI Chair’s AI Startup Sierra Gets $4.5 Billion Valuation in Latest Funding Round
Former Salesforce co-CEO Bret Taylor’s company keeps pulling in money from top VC firms as expectations mount.Business - Inc. - October 29 -
Elon Musk’s xAI startup said to eye funding round, valuing the company at this much
xAI is in talks with investors for a funding round, the Wall Street Journal reported.Business - MarketWatch - October 29 -
Bottom Line: Boeing, Lockheed Martin space venture lobbies up for NASA, FAA funding
Aerospace The United Launch Alliance, Boeing and Lockheed Martin's joint space venture, hired IBEX2 Solutions to lobby on civilian and commercial space issues related to policy and funding from ...Politics - The Hill - October 30 -
Members of Congress have taken hundreds of AIPAC-funded trips to Israel in the past decade
The nonprofit arm of “America’s pro-Israel lobby” is spending big to shape US lawmakers’ views of Israel’s conservative government.Politics - Politico - October 30 -
Saudi sovereign wealth fund announces $2 billion deal for new Brookfield Middle East platform
At least 50% of the capital will be allocated to investments in the kingdom and to expanding international companies' presence in the local market.Business - CNBC - October 30 -
Hong Kong cracks down on how banks and hedge funds discuss block trades
Regulator brings in new measures after launching criminal insider dealing case against Segantii Capital ManagementBusiness - Financial Times - October 31