Latest in Star Fund
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Argentine star fintech Ualá wins fresh funding from Allianz and Alan Howard
Latest fundraising values company at $2.75bn following one of biggest VC rounds in Latin America in recent yearsBusiness - Financial Times - November 11 -
How investigators say a star fund manager illegally took $600 million from some clients and steered it to others
Ken Leech, the star investor behind bond funds with $308 billion in assets under management, illegally steered hundreds of millions of dollars into ones held by preferred clients at the expense of ...Business - MarketWatch - Yesterday -
Public Investment Fund’s desert mirage
Plus, why Topgolf is parting with its owner and HSBC‘s boss says it isn’t splitting upWorld - Financial Times - October 30 -
Chancellor sets out new funding for extra NHS appointments
The government says it will invest £1.57bn in new equipment and buildings, in a bid to increase appointments.Top stories - BBC News - October 29 -
UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing
Taxes rise as chancellor delivers the first Labour budget since 2010Business - Financial Times - October 30 -
Levellr raises funds for tools to manage Discord communities
Levellr has raised $1.75 million for its community management and insights tools used by companies to manage Discord communities.Tech - VentureBeat - November 1 -
Trump wins tip scales for GOP on government funding
Republican electoral wins in both the presidential race and the Senate are changing the game on government funding, as Congress braces for a battle over federal spending when lawmakers return next ...Politics - The Hill - November 8 -
How Thames Water became a battleground for hedge funds
Rival groups of bondholders are vying to extend loans to the troubled UK utilityBusiness - Financial Times - November 10 -
Fund manager Terry Smith’s pay falls to £28mn
Stockpicker’s investment firm Fundsmith weighed down by his decision to shun chipmaker NvidiaBusiness - Financial Times - November 11 -
Morning Report — Congress starts the funding sprint
In today’s issue: Congress is back in town. Lawmakers begin their lame-duck session today and are facing a Dec. 20 funding deadline ahead of the holidays and the swearing in of the 119th Congress ...Politics - The Hill - November 12 -
Pharmacies vote to cut opening hours in funding protest
Pharmacists in England, Wales and Northern Ireland to reduce opening hours and stop home deliveries.Top stories - BBC News - November 14 -
EU governments struggle to fund green transition
Investors in Czech solar parks threaten to sue Prague over planned cuts to subsidies for photovoltaic installationsWorld - Financial Times - November 14 -
Britain’s bold plan to create super funds
The case for consolidating the UK’s sprawling pension arsenal is strongBusiness - Financial Times - November 14 -
The undercover hedge funds financing activist short sellers
When Wall Street’s self-styled financial detectives allege malfeasance, these silent partners stand to reap the benefitsBusiness - Financial Times - November 15 -
The search for targeted taxes to fund climate action
Body backed by Barbados, France and Kenya outlines options for new leviesWorld - Financial Times - November 18 -
Biden asks Congress for $100B in disaster relief funding
President Biden has sent Congress an emergency funding request for roughly $100 billion to help with recovery after natural disasters, including the recent hurricanes Helene and Milton in the ...Politics - The Hill - November 18 -
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Watch live: Buttigieg, Criswell testify on FEMA funding
The Senate Appropriations Committee is holding a hearing Wednesday focused on disaster relief funding requests in the aftermath of hurricanes Helene and Milton. Witnesses include Transportation ...Politics - The Hill - November 20 -
GAA reconsiders extra Casement funds as costs fall
The GAA say additional funds will be reliant on seeing "the colour of the money from the Treasury".Top stories - BBC News - November 20 -
FEMA disaster relief fund 'rapidly nearing exhaustion'
The Federal Emergency Management Agency’s (FEMA) disaster relief fund has dwindled to less than $5 billion, lawmakers said this week, as both sides press for the swift passage of emergency aid. ...Politics - The Hill - 6 days ago -
Republicans ask for investigation into federal funding for Planned Parenthood
More than 100 Republican lawmakers are asking for an investigation in to the amount of federal funding that has been awarded to health centers that also provide abortion, including Planned ...Politics - The Hill - 4 days ago -
The Trump Transition’s Secret Funding, and a Campus Crackdown
Plus, payouts for finding pandemic fraud.Top stories - The New York Times - 2 days ago -
The ultimate guide to the UK’s sovereign wine fund
Data! Accountability! Plonk! The whole wine yardsWorld - Financial Times - 2 days ago -
Commerce Department to reduce Intel's funding on semiconductors
The Biden administration plans on reducing part of Intel’s $8.5 billion in federal funding for computer chip plants around the country, according to three people familiar with the grant who spoke ...Tech - ABC News - Yesterday -
Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation
Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion.Business - CNBC - October 28 -
Saudi Arabia’s wealth fund pivots from international investments
Public Investment Fund will focus more of its financial firepower on domestic projectsBusiness - Financial Times - October 29 -
Elon Musk's xAI in Talks to Raise Funding Valuing It at $40 Billion
The new fundraising effort would substantially increase startup’s valuation from spring.Tech - The Wall Street Journal - October 29 -
Republicans unveil emergency bill to fund tapped-out disaster loan program
Senate Republicans released legislation this week that aims to replenish funds for a key federal program that provides disaster loans to businesses and homeowners. Sen. Thom Tillis (R-N.C.) led ...Politics - The Hill - October 29 -
In Election’s Final Days, Dark Money and ‘Gray Money’ Fund Hidden Agendas
Big-money operatives are taking advantage of lax rules at the end of the campaign to hide the true source of their money until after the election is called — or for forever.Top stories - The New York Times - October 30 -
Asia has ‘enormous’ shortfall of funds to adapt to climate change, warns ADB
Development bank report says region still needs hundreds of billions of dollars for action to tackle impact of global warmingWorld - Financial Times - October 31 -
New York semiconductor site picked for $825 million in funding
U.S. Sen. Chuck Schumer says a semiconductor research facility in upstate New York will be getting $825 million in funding as one of three national technology centersTech - ABC News - October 31 -
Musk in funding talks with Middle East investors to value xAI at $45bn
Early discussions include existing backers of artificial intelligence start-upWorld - Financial Times - October 31 -
John McQuown, Who Pioneered Index Funds and Transformed Investing, Dies at 90
The Illinois native jumped from family farm to mechanical engineering and then led a ‘Manhattan Project’ of finance.World - The Wall Street Journal - October 31