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Drug companies that violate law would fund medical research under new Democratic legislation
Sen. Elizabeth Warren (D-Mass.) and Rep. Jan Schakowsky (D-Ill.) have introduced legislation that would require pharmaceutical companies that have entered settlement agreements over violating ...Politics - The Hill - October 18 -
AI Startup Perplexity in Funding Talks to More Than Double Valuation to $8 Billion
The search-based chatbot is seeking to raise around $500 million in what would be its fourth funding round in a year.Tech - The Wall Street Journal - October 20 -
AI search start-up Perplexity targets $8bn valuation in new funding round
Investor frenzy over artificial intelligence continues after OpenAI valued at $150bn in latest fundraisingBusiness - Financial Times - October 21 -
Social Security funds could run out in 6 years under Trump plans: Analysis
Social Security’s trust fund reserves could be depleted as early as 2031 under former President Trump’s proposals, several years earlier than recent projections, according to an analysis from the ...Politics - The Hill - October 21 -
World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall
Norway's gigantic sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 billion).Business - CNBC - October 22 -
Trump still falsely claiming that FEMA is diverting funds from hurricane relief to help migrants
Former President Donald Trump campaigned in North Carolina on Monday where he continued to peddle false claims that FEMA is diverting funds from hurricane relief to assist migrants. CBS News ...Top stories - CBS News - October 22 -
Boise State star RB Ashton Jeanty launches scholarship fund to help support future Broncos athletes
The Heisman Trophy contender is looking to make an impact for his school off the fieldSports - CBS Sports - October 22 -
The Day Before Dev's Kickstarter Canceled After Minimal Funding, Announces New Project
Fntastic, the developer behind the troubled game The Day Before , has canceled its Kickstarter campaign for Escape Factory due to a lack of interest. The game, which aimed to deliver a ...Tech - GameSpot - October 23 -
Bad state data may misdirect nearly $1 billion in federal funds to replace lead pipes
The Environmental Protection Agency didn't ensure that states submitted accurate estimates of the number of lead pipes they hadHealth - ABC News - October 23 -
French official proposes entrance fee for Notre Dame to help fund preservation work
France’s culture minister has proposed introducing an entrance fee to visit Notre Dame cathedral in Paris when it reopens in December, aiming to generate funds for the preservation of the country’s ...World - ABC News - October 24 -
Jailed former Malaysian leader apologizes for fund embezzlement scandal, reiterates his innocence
Imprisoned former Malaysian Prime Minister Najib Razak issued a rare apology over the looting of a state investment fund worth billions of dollars “under my watch” while reiterating his innocenceWorld - ABC News - October 24 -
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