Pension Funds Report Millions
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UN report says 282M people faced acute hunger in 2023, with worst famine in Gaza
A new report says nearly 282 million people in 59 countries suffered from acute hunger in 2023, with war-torn Gaza hosting the largest number of people facing famineABC News - Health - United Nations -
Eagles, wide receiver A.J. Brown agree to 3-year, $96 million contract extension
A.J. Brown is set to make $32 million per season, which will make him the highest paid wide receiver in NFL history.Yahoo Sports - Sports - NFL -
How much is the state pension worth now?
Payments to pensioners have risen by 8.5% following the government's "triple lock" pledge.BBC News - Top stories -
Calstrs pension plans cites errors in emissions data
Admission by one of world’s largest retirement schemes raises questions about climate disclosures of other big asset managersFinancial Times - Business -
German retirees will get an inflation-busting pension increase this year
Germany’s Cabinet has approved a 4.57% rise in retirees’ pensionsfrom this summer, an increase that is well above the current inflation rateABC News - World - Germany -
Hipgnosis Accepts Improved Concord Offer
Hipgnosis, home to the catalog of artists such as Neil Young, Shakira and Red Hot Chili Peppers, has agreed to an improved $1.5 billion takeover by Concord Chorus, trumping an approach from Blackstone.The Wall Street Journal - World -
Quant hedge funds enjoy bumper start to 2024
Trend-followers profit from bets on rocketing cocoa price and against sinking yenFinancial Times - Business -
Clean-Tech Fund Bets on Growing Demand for Batteries
Volta Energy Technologies raises $131 million in latest funding round, seeking to invest in ways to make energy storage cheaper as well as greener for consumers.The Wall Street Journal - World -
Jupiter to retain £500mn of departing star manager’s fund
Merlin ‘fund of funds’ will keep half of money managed by Ben WhitmoreFinancial Times - Business -
Funds axed for teacher recruitment scheme triggering backlash
Teachers and MPs hit out at decision to defund Now Teach in midst of staffing ‘crisis’Financial Times - World -
Funds axed for teacher recruitment scheme triggering backlash
Teachers and MPs hit out at decision to defund Now Teach in midst of staffing ‘crisis’Financial Times - Business -
The Guardian view on globalisation’s discontent: it’s not right for poor countries to fund the rich | Editorial
Wealthy nations exploit their position as the world’s bankers to siphon off hundreds of billions from the needy. Developing nations have long complained that globalisation has enthroned western currencies in such a way as to subsidise living ...The Guardian - World -
Bears unveil $5 billion plan for lakefront stadium and seek public funding to make it happen
The Chicago Bears unveiled a nearly $5 billion proposal for an enclosed stadium next door to their current home at Soldier Field as part of a major project that would transform the city’s lakefront, and they are asking for public funding to help ...ABC News - Sports -
Mercer Raises $3.9 Billion for Multi-Asset Private Capital Fund
Private Investment Partners VII is designed to provide broad private markets exposure to investors that lack the internal resources to identify the best managers.The Wall Street Journal - World -
Chicago Bears to seek public funding in $5bn plan for new lakefront stadium
Bears unveil $5bn proposal for new domed lakefront stadiumPlan calls for $900m from Illinois Sports Facilities AuthorityThe Chicago Bears unveiled a nearly $5bn proposal Wednesday for an enclosed stadium next door to their current home at Soldier ...The Guardian - World -
Democrats fret it could be curtains for local theaters without federal funds
Professional nonprofit theaters haven’t recovered from the Covid pandemic, with dozens of stages set to shutter. Democrats are introducing legislation that could keep the curtains from closing.NBC News - Top stories -
Democrats fret it could be curtains for local theaters without federal funds
Professional nonprofit theaters haven’t recovered from the Covid pandemic, with dozens of stages set to shutter. Democrats are introducing legislation that could keep the curtains from closing.NBC News - Politics -
House GOP targets nonprofit funding in changes to earmarks process
House Republicans on Thursday announced changes to the annual process in which members apply for funding for community projects back home, after conservatives strongly opposed Democrat-backed earmarks over issues related to abortion and LGBTQ ...The Hill - Politics -
BlackRock-Backed $1.4 Billion Fund Proves There's Cash to Make in Climate Tech
BlackRock's Decarbonization Partners raised its first fund amid growing investor interest in climate tech.Inc. - Business - Climate -
These tips for investing in mutual funds and ETFs can get your portfolio in the swim
Fund managers’ stock tips, market skeptics and how to win with a strong defense.MarketWatch - Business -
NY lawmakers propose conditioning federal funding on monitoring of antisemitism
Two New York lawmakers are proposing legislation that could condition federal funding for universities to stricter monitoring of on-campus antisemitism. Reps. Ritchie Torres (D-N.Y.) and Mike Lawler (R-N.Y.) plan to introduce the College Oversight ...The Hill - Politics -
Stars hit DC red carpet to push for public arts funding
TV and film actors hit Washington, D.C. Friday as part of the Creative Coalition’s push to increase public funding for the arts, citing their crucial role in the development of children and communities. Members of the group’s delegation met with ...The Hill - Politics -
Anger at party funding scandal in Japan threatens to bring down PM Kishida
Despite talk of a Nobel peace prize, Japan’s leader is facing a backlash among voters as key byelection approaches. In the past fortnight Fumio Kishida has been mentioned as a possible recipient of the Nobel peace prize and praised for a speech to ...The Guardian - World - Japan -
Rick Scott calls for Columbia resignations, donors to withhold funds as protests rage
Sen. Rick Scott (R-Fla.) called for donations to stop and for resignations of officials at Columbia University amid protests gaining steam at college campuses around the nation. “If you’re a donor to Columbia University, stop,” Scott said in an ...The Hill - Politics -
Silicon Valley’s General Catalyst closes in on $6bn fund for tech start-ups
Venture capital firm’s success underlines divergence between big names and smaller groups as fundraising slows more broadlyFinancial Times - Business -
Priest Arrested For Using Church Funds On Candy Crush And Other Mobile Games
There have been plenty of church scandals over the decades, but this might be the very first one that involves Candy Crush. Via The Philadelphia Inquirer, Reverend Lawrence Kozak was arrested in Pottstown, Pennsylvania on April 25 and charged with ...GameSpot - Tech -
The Morning Risk Report
Foreign aid package comes with new sanctions risks for companies, and workers get ready to switch jobs but employers are fighting to stop them. Also, Swedbank to integrate operations tackling financial crime.The Wall Street Journal - World -
U.S. loses $30 million Reaper drone in Yemen
A U.S. MQ-9 Reaper has crashed in Yemen. It may be the third $30 million drone shot down by the Houthis since November.CBS News - World -
U.S. loses $30 million Reaper drone in Yemen
A U.S. MQ-9 Reaper has crashed in Yemen. It may be the third $30 million drone shot down by the Houthis since November.CBS News - Top stories -
U.S. loses $30 million Reaper drone in Yemen
A U.S. MQ-9 Reaper has crashed in Yemen. It may be the third $30 million drone shot down by the Houthis since November.CBS News - Politics -
$1.46 million is retirement’s magic number? It’s a fantasy for most.
The data only skim the surface.MarketWatch - Business -
Report: Trey Hendrickson requests trade
The Bengals got a trade request from wide receiver Tee Higgins after they used their franchise tag on him this offseason and now another member of the team reportedly wants to be moved as well.Yahoo Sports - Sports -
Exxon Mobil and Chevron Report Lower Earnings
Profits for the two oil giants, which are locked in a standoff over drilling off the coast of Guyana, were squeezed by lower profitability for refining crude and falling natural gas prices.The New York Times - Business -
Long-Lost Klimt Painting Sells for $37 Million at Auction
The portrait was left unfinished in the painter’s studio when he died, and questions persist over the identity of the subject and what happened to the painting during Nazi rule in Austria.The New York Times - Business -
Klimt portrait lost for nearly 100 years auctioned for $32 million
Gustav Klimt's "Portrait of Fräulein Lieser," which went missing after its owners fled Austria after 1930, was auctioned off for $32 million.CBS News - World -
Klimt portrait lost for nearly 100 years auctioned for $32 million
Gustav Klimt's "Portrait of Fräulein Lieser," which went missing after its owners fled Austria after 1930, was auctioned off for $32 million.CBS News - Top stories -
How TikTok Helped This Beauty Brand Break $100 Million in Sales
The Beachwaver Co., a bootstrapped family business, has leveraged social media to drive fast growth.Inc. - Business - Tiktok -
The King of Queens? A $5.775 Million Tudor Is One of the Borough's Priciest
This ornate house in Jamaica Estates has a gold-plated sink and $1 million worth of mahoganyThe Wall Street Journal - World - United Kingdom -
Cybersecurity Firm Rubrik to Raise $752 Million in U.S. IPO
The company, backed by investors including Microsoft and Lightspeed Venture Partners, is selling 23.5 million shares.The Wall Street Journal - Tech -
Rubrik Shares Jump 21% in Market Debut
The Microsoft-backed cybersecurity software firm becomes the latest tech company to have an IPO.The Wall Street Journal - World