Latest in London Funding
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Elon Musk's xAI Startup Is Valued at $50 Billion in New Funding Round
The artificial-intelligence company has told investors it raised $5 billion in its latest funding round.Tech - The Wall Street Journal - November 20 -
Chinese managers limited flows to US funds after Trump victory
ChinaAMC and Tianhong restricted subscriptions on expectations of increased investor interestWorld - Financial Times - November 21 -
Beware of the ‘Ponzi funds’ that are hiding in plain sight, says strategist
The rise of thematic funds leads to Ponzi-like situations, say researchers.Business - MarketWatch - November 21 -
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 - November 21 -
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 - November 21 -
These tips for investing in mutual funds and ETFs help build a strong portfolio
Dividends, bitcoin and Beyoncé stir ETF interest.Business - MarketWatch - November 21 -
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 - November 22 -
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 - November 21 -
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 - November 22 -
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 - November 23 -
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 - November 23 -
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 - November 23 -
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 - 6 days ago -
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Arkansas couple uses wedding fund to save dog's life
Dylan McCay and his fiancée Emily Roberts emptied their wedding savings to save a dog's life after finding her severely injured. Their generosity sparked a fundraising campaign that raised $45,000. ...Top stories - CBS News - 4 days ago -
Regulator Sues Anti-Police Activist Who Spent Charity Funds on Himself
Brandon Anderson, who used his nonprofit’s accounts to rent mansions and buy luxury clothes, was featured in a New York Times story in August.Top stories - The New York Times - 4 days ago -
Trump's 'border tsar' vows to cut funding to 'sanctuary' states
Several states plan to oppose Trump's plans to deport millions of undocumented migrants from the US.Top stories - BBC News - 4 days ago -
Homan: 'I guarantee' funds will be cut from states not cooperating on deportation
President-elect Trump’s pick for “border czar,” Tom Homan, on Sunday threatened funding for states that refuse to cooperate in the federal government's deportation plans. Fox News’s Mark Levin, in ...Politics - The Hill - 4 days ago