Latest in Million Federal Funding
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Vanguard to Pay $106 Million in Restitution to Retirement Fund Investors
An investigation by the S.E.C. and several states found that the company had failed to notify investors of changes in the terms of some funds, leading to higher capital gains taxes.The New York Times - 6h -
Moderna Gets $590 Million of Federal Funding For Influenza Vaccines
The package will provide additional support for late-stage development and licensure of pre-pandemic mRNA-based vaccines, the company saidThe Wall Street Journal - 9h -
Vanguard to pay more than $100 million to SEC over violations involving target date retirement funds
The payment stems from a 2020 change by Vanguard that led to redemptions in one class of target date funds.CNBC - 10h -
Vanguard to Pay $106.4 Million to Resolve Alleged Violations Linked to Retirement Funds
The SEC said a lack of notifications by Vanguard drove higher capital gains tax bills for many retail investors.The Wall Street Journal - 13h -
L.A. museums launch $12-million emergency fund for artists hit by the fires
The Getty, LACMA, MOCA and Hammer museums have partnered with George Lucas' and Steven Spielberg's foundations and other groups to create the L.A. Arts Fire Relief Fund.Los Angeles Times - 2d -
Bond funds are offering a ‘double whammy’ for investors
Many of these funds are trading at deep discounts and may have tempting distribution yieldsMarketWatch - 11h -
Vanguard fined more than $100 million by SEC over violations involving target date retirement funds
Asset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment funds, the Securities and Exchange Commission announced ...NBC News - 13h -
Sharia pension funds swell amid returns boost
Funds outperform their default peers over the past decadeFinancial Times - 17h -
A First-Day Trump Order: A Federal Stockpile of Bitcoin?
The cryptocurrency industry has pushed President-elect Donald J. Trump to establish one, creating real political momentum behind the plan.The New York Times - 1d -
These companies are pledging millions in funds, supplies to help LA fire victims
Major corporations, including Disney and Target, have announced pledges to help the growing number of people affected by the LA wildfires.ABC News - 6d -
How federal agencies are responding to the Southern California wildfires
With the Los Angeles-area wildfires expected to be one of the most expensive disasters in California history, Margaret Brennan examines how the federal government is offering to help.CBS News - Jan. 10 -
Will the new presidency affect WFH for federal workers?
Winds of change are blowing, and for federal workers these could bring an end to the widespread remote work policies adopted and enhanced during the pandemic. Recommendations from the new ...The Hill - Jan. 10 -
Michael Sheen to fund new national theatre for Wales
The actor says he is putting everything behind starting Welsh National Theatre.BBC News - Jan. 10 -
California fires live updates: death toll likely to rise; Biden announces federal funding for fight against blazes
Robert Luna decries ‘unacceptable’ looting in fire-ravaged areas, while Palisades wildfire grows to nearly 20,000 acres. Full report: wildfires continue to rage in Los Angeles Visual ...The Guardian - Jan. 9 -
Jamie Lee Curtis Offers $1 Million to Fund Wildfire Relief
Actor Jamie Lee Curtis offered the money to aid in battling the Palisades fire.Inc. - Jan. 9 -
Microsoft contributes $1 million to Trump's inauguration fund
Microsoft would like President-elect Donald Trump to make sure that U.S. artificial intelligence policy in the next four years will support its goals.CNBC - Jan. 9 -
Google donates $1 million to Trump's inauguration fund, joining other tech giants
Google becomes the latest tech company to donate to Trump's inauguration fundCNBC - Jan. 9 -
Anthropic in Talks for $2 Billion Funding Round
The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.The New York Times - Jan. 8 -
Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - Jan. 7 -
Hims & Hers donates $1 million to Trump's inauguration fund
OpenAI CEO Sam Altman and Meta both announced $1 million donations, and Amazon and Apple CEO Tim Cook have also reportedly contributed.CNBC - Jan. 7 -
Biden announces more federal resources for New Orleans after deadly attack
As President Biden met with families of victims of the New Orleans pickup truck attack, the White House announced more federal resources to protect the city as it looks forward to the Super Bowl ...NBC News - Jan. 6 -
California Police Department Agrees to Reforms After Federal Inquiry
The Antioch Police Department was under investigation by the Justice Department after racist text messages between its officers were released in 2023.The New York Times - Jan. 5 -
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Why is George Santos asking for a sentencing delay in federal fraud case?
George Santos is currently scheduled to be sentenced next month on Long Island after pleading guilty to federal fraud, campaign finance and embezzlement charges.ABC News - Jan. 3 -
House Republicans Pledge Drilling and Make It Easier to Shed Federal Land
The newly elected Speaker said the party would make it a priority to “restore America’s energy dominance.”The New York Times - Jan. 3 -
Federal court decision won't change California net neutrality law
The 6th Circuit Court of Appeals blasted the FCC's attempts to regulate broadband internet, but state laws in California and New York remain intact.Los Angeles Times - Jan. 3 -
Federal agencies warn of copycat attacks after Bourbon Street rampage
Federal agencies including the FBI warned of the potential for copycat vehicle ramming attacks after the deadly rampage on Bourbon Street in New Orleans.CBS News - Jan. 3 -
Net neutrality rules about internet speeds blocked by federal appeals court
A federal appeals court has ruled that the FCC overstepped its authority by reinstating "net neutrality" rules governing internet service providers.CBS News - Jan. 3 -
Biden Expected to Permanently Ban Oil Drilling in Some Federal Waters
The move, expected as early as Monday, relies on a 70-year-old law that could make it difficult for the Trump administration to reverse it.The New York Times - Jan. 2 -
Federal Court Strikes a Final Blow to FCC's Net-Neutrality Rules
Appeals-court decision ends effort to regulate internet providers like utilities, citing Supreme Court decision restraining federal agencies’ powers.The Wall Street Journal - Jan. 2 -
FCC’s Net Neutrality Rules Struck Down by Federal Appeals Court
After nearly two decades of fighting, the battle over regulations that treat broadband providers as utilities came to an end on Thursday.The New York Times - Jan. 2 -
Federal appeals court strikes down Biden net neutrality rules
A federal appeals court ruled this week the Federal Communications Commission (FCC) lacked the authority to restore certain net neutrality rules last year, handing a blow to FCC Democrats and Biden ...The Hill - Jan. 2 -
Federal Judge Keeps Poland Spring’s Water Origin Lawsuit on Docket
A class action suit filed in 2017 that claims ‘not one drop’ of the popular bottled water brand comes from a natural spring will proceed, though some claims were dismissed.Inc. - Jan. 2 -
Hedge funds Citadel and Millennium gain 15% in 2024
Ken Griffin and Izzy Englander’s funds likely to have outperformed wider hedge fund industryFinancial Times - Jan. 2 -
Federal Agents Search Home of Former NYPD Chief Jeffrey Maddrey
Jeffrey Maddrey, who had been chief of department, resigned on Dec. 20 after a lieutenant accused him of coercing her into sex.The New York Times - Jan. 2 -
Evidence Against Drinking Has Grown. Will Federal Advice Change?
Officials in other countries are warning about the health hazards of alcohol in any amount. Americans are still told that moderate drinking is safe. What gives?The New York Times - Jan. 2 -
Federal authorities on heightened terror alert despite no known threat
The FBI confirmed that an ISIS flag was on the vehicle used in the deadly New Orleans truck ramming attack that killed at least 15 people and injured dozens of others. It comes as the FBI says the ...NBC News - Jan. 2 -
Biden briefed on New Orleans attack, spoke to mayor about federal support
NBC News' Gabe Gutierrez reports that President Biden has been briefed after a car drove into a crowd in New Orleans and has spoken to the mayor of the city to offer support as the investigation ...NBC News - Jan. 1
