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Biden Trump-proofs $74bn in climate funding but $20bn remains vulnerable
Allocation of funds from Inflation Reduction Act makes it harder for president-elect to halt green initiatives. The Biden administration has raced to allocate $74bn of funding for climate ...The Guardian - 1d -
Los Angeles Is Being Crushed Under the Weight of Inaction
At this point, we’d take concepts of a plan.The New York Times - 1d -
Eli Lilly CEO expects new weight loss pill to be approved next year
Eli Lilly and its rivals are working to develop more convenient options than the injectable Zepbound and Wegovy, which dominate the weight loss drug market.CNBC - 1d -
Eli Lilly strikes deal for cancer treatment, gives timeline for weight loss pill
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - 1d -
The class-action suit against Israel's funding defies law and logic
Their case is entirely without legal merit.The Hill - 2d -
'I feel blessed to get weight-loss jab' - but can the NHS afford it for all?
We meet some of the first NHS patients, as expert says funding everyone eligible would "bankrupt" the service.BBC News - 2d -
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 - 3d -
Why this fund manager is fighting higher inflation with dividend stocks
These high-quality, dividend-paying stocks in 3 sectors stand to benefit from rising prices.MarketWatch - 4d -
High cost of weight loss drugs drives employers to require nutrition counseling, in boost for startups
Startup Virta Health saw 60% revenue growth last year, topping $100 million, driven by demand for its employer weight loss management program.CNBC - 5d -
'Three-weight champion & retire by 30' - Dubois dreams big
World champion Caroline Dubois plots her journey to superstardom within six years and addresses the publicised family feud with her father and brother.BBC News - 5d -
Michael Sheen to fund new national theatre for Wales
The actor says he is putting everything behind starting Welsh National Theatre.BBC News - 5d -
These tips for investing in mutual funds and ETFs can guide your money decisions
Don’t miss these top money and investing features.MarketWatch - 5d -
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. - 5d -
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 - 5d -
UK charity that raised funds for Israeli soldier given warning
Regulator acts over complaints about fundraising activity as trustees fail to explain how IDF individual spent the donationFinancial Times - 5d -
Google and Microsoft donate $1m each to Trump’s inaugural fund
Tech giants follow footsteps of other major companies, including Amazon, Meta, OpenAI and Uber. Google and Microsoft have donated $1m each to Donald Trump ’s inauguration fund, following in ...The Guardian - 6d -
Weight-loss drugs like Ozempic may be up for Medicare price negotiations — will Trump support it?
Medicare’s drug pricing negotiations — the first of their kind in the United States, passed under President Joe Biden — face an uncertain future in the incoming Trump administration.NBC News - 6d -
Smith dumps Diageo stake over impact of weight-loss drugs on alcohol demand
Veteran stockpicker sells shares in spirits brand because drinks sector is being ‘impacted negatively’Financial Times - 6d -
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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 - 6d -
U.S. Funding Dispute With World Anti-Doping Agency Boils Over
After the Biden administration withheld funding to the agency, saying it had lost confidence in its ability to police elite athletes, WADA removed the United States from its board.The New York Times - 6d -
Taxpayer Advocate urges Congress to preserve IRS funding for service, technology
The National Taxpayer Advocate has urged Congress to preserve IRS funding for taxpayer service and technology amid Republican scrutiny.CNBC - 6d -
Active mutual funds struggle to beat large-cap stock benchmarks — again
Professional stock pickers in the mutual-fund industry had a tough time in 2024 beating indexes that passively track U.S. large-cap equities, according to BofA Global Research.MarketWatch - Jan. 8 -
AI Startup Anthropic Raising Funds Valuing It at $60 Billion
The Amazon-backed OpenAI rival was valued at $18 billion last year.The Wall Street Journal - Jan. 7 -
Johnson says no cuts to Social Security and Medicare to fund Trump's agenda
House Speaker Mike Johnson said cuts to Social Security and Medicare won't be part of the legislative plan being worked out to fund President-elect Donald Trump's agenda.ABC News - Jan. 7 -
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 -
Trump backtracks from 'one big, beautiful bill' to fund his agenda
After nearly derailing a spending bill last month, Trump continues to shake up business on Capitol Hill, shifting positions on how Republicans should fund his policies.ABC News - Jan. 6 -
Nicolas Sarkozy goes on trial accused of receiving illegal funding from Gaddafi
Former French president alleged to have received millions of euros from Libyan dictator’s regime to fund campaign. Nicolas Sarkozy has gone on trial over allegations he received millions of euros ...The Guardian - Jan. 6 -
FirstFT: Private equity to lobby Trump as industry seeks to tap retirement funds
Also in today’s newsletter, China’s equity markets extend poor start to the year and accountancy’s Gen Z problemFinancial Times - Jan. 6 -
Private equity to lobby Trump for access to savers’ retirement funds
Industry hopes incoming administration will open long-restricted private investments to individual investorsFinancial Times - Jan. 6 -
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Streeting to unveil extra funding for English hospitals that cut waiting times fastest
Health secretary’s move intended to push NHS leaders to achieve government’s 18-week non-urgent treatment ‘milestone’Financial Times - Jan. 4 -
Helping boomers spend their retirement funds is harder than it sounds
Worries about running out of money makes people frugal and wary of taking any big pension decisionsFinancial Times - Jan. 3 -
Pharma giant seeks to join lawsuit against FDA over weight loss drugs
Eli Lilly is seeking to end a lawsuit filed by a pharmacy trade group against the Food and Drug Administration (FDA) by joining as a defendant, stating it wants to end the "entitlement" some ...The Hill - Jan. 2 -
Ken Griffin's flagship hedge fund at Citadel climbs 15.1% in 2024
The billionaire investor's handful of hedge funds all posted double-digit returns in 2024, led by its tactical trading strategy.CNBC - 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 -
US investors in China venture funds race to comply with new tech rules
Financial institutions rush to secure assurances their money is not being used to develop Chinese technologyFinancial Times - Jan. 1
