Fee Change on Investment Trusts Could Badly Hit Manager Revenues

Transfer portal got you down? One college AD suggests an 'acquisition fee' could fix some problems

The athletic director at a mid-sized school that’s making a splash this season has a modest proposal that might offer one way to tame what many say is a transfer-portal system run amok in college ...

ABC News - Jan. 16

Kash Patel’s challenge: reforming the FBI while winning its trust

Patel’s real test will be outlining and communicating his vision for the FBI, not just as an institution but as a community of dedicated law enforcement professionals with a unique culture and ethos.

The Hill - Jan. 16

UK watchdog scrutinises investment trusts’ battle with US hedge fund

FCA encourages Hargreaves Lansdown, Interactive Investor and AJ Bell to make shareholders aware of looming votes

Financial Times - Jan. 16

Morgan Stanley more bullish on M&A as equity and bond revenues climb

Morgan Stanley beats earnings expectations amid strength in its equity and bond businesses.

MarketWatch - Jan. 16

First Tensions Between Arías and Cali's Management

This article was translated into English by Artificial Intelligence. You can read the original version in 🇪🇸 here.As Deportivo Cali prepares its roster for the upcoming year, there have been som...

Yahoo Sports - Jan. 16

Here's how the child tax credit could change in 2025

The increased child tax credit could expire after 2025 without action from Congress. Here's what families need to know.

CNBC - Jan. 16

Morgan Stanley tops estimates on strong equities and fixed income trading revenue

The bank's massive wealth management business will be helped by high stock market values in the fourth quarter, which inflates the management fees it collects.

CNBC - Jan. 16

Morgan Stanley earnings jump on soaring trading and dealmaking revenues

Rival Goldman Sachs similarly reported robust performance in markets and investment banking units

Financial Times - Jan. 16

English councils face tripling of audit fees to clear backlog

Increasingly complex local authority finances and shortage of accountants to sign off books has led to long delays

Financial Times - Jan. 16

Trump Plans to Create an ‘External Revenue Service’ to Collect Tariffs

Despite vows to shrink the federal government, the President-elect wants to create a new agency for these taxes, even though the Commerce Department and the Customs and Border Patrol now handle ...

Inc. - Jan. 15

Carnival Is the Biggest Gainer in the Management Top 250

Nvidia and Cintas had the next-biggest increases in overall score

The Wall Street Journal - Jan. 15

The Best Time Management Apps: iOS, Android, and Desktop

Make the most of every 24 hours.

Wired - Jan. 15

Experian Posts Revenue Growth in Line With Guidance

The company reported total revenue growth of 8% at constant exchange rates for the third quarter of fiscal 2025, and confirmed its guidance for the year.

The Wall Street Journal - Jan. 15

Hegseth Earned $6 Million From TV, Books and Paid Speaking Fees

Financial reports show the potential defense secretary’s pay from past speaking and writing, some of which provided fodder for senators during his confirmation hearing.

The New York Times - Jan. 15

Trump says he'll create "External Revenue Service" to collect tariffs

The federal government already collects tariffs, and deposits them in the General Fund of the United States.

CBS News - Jan. 14

Moderna’s stock tumbles to post-COVID lows after revenue outlook disappoints

Moderna’s stock tumbles after a disappointing outlook for revenue and the need to accelerate its cost-cutting plan.

MarketWatch - Jan. 13

FirstFT: Dollar hits 2-year high as interest rate assumptions change

Also in today’s newsletter, China’s trade surplus reached a new record and the reinvention of El Salvador

Financial Times - Jan. 13

TikTok ban goes before Supreme Court. Here’s where the app’s $10 billion in ad revenue could go if it dies.

The end of TikTok in the U.S. could mean a sizeable boost for its publicly traded American competitors.

MarketWatch - Jan. 11

Everton appoint Moyes as manager for second time

David Moyes says it is "great to be back" after being appointed Everton manager for a second time.

BBC News - Jan. 11

These Newly Identified Cells Could Change the Face of Plastic Surgery

Cartilage cells that contain fat explain why some skeletal tissues are less rigid than others, and could one day be grown in labs to produce better materials for performing reconstructive surgeries ...

Wired - Jan. 9

BlackRock departs climate investment group

Asset management firm BlackRock is leaving a climate-focused investing group, the group confirmed. “We are disappointed to see any investor withdraw, but as a voluntary initiative, we respect any ...

The Hill - Jan. 9

How Trump’s Greenland Plan Could Hit Ozempic, Legos and Hearing Aids

Putting tariffs on Denmark unless it cedes the island of Greenland could hurt access to a few key products, including popular medicines.

The New York Times - Jan. 9

Blocked MLB prospects who could use a change of scenery as the Dodgers trade Diego Cartaya to the Twins

These prospects deserve playing time, they just can't seem to find it with their current teams

CBS Sports - Jan. 9

Fund managers to warn FCA over US activist’s plans to shake up UK trusts

Saba Capital has taken stakes in seven trusts and called on investors to vote for changes to their boards

Financial Times - Jan. 9

Panama Canal chief dismisses Trump’s claims on China, fees

The Panama Canal Authority chief dismissed President-elect Trump’s claims that China is controlling the trade route and criticized his comments about fees. Ricaurte Vásquez Morales told The Wall ...

The Hill - Jan. 8

Whitehall estimates child sexual abuse compensation could hit £10bn

Starmer has criticised previous Conservative government for not implementing recommendations of 2022 Jay review

Financial Times - Jan. 8

Tax bracket changes could mean your paycheck is slightly bigger in 2025 — here's what to know

As the first paycheck of 2025 hits your bank account, it could have slightly more money due to IRS tax bracket changes.

NBC News - Jan. 7

Tax bracket changes could mean your paycheck is slightly bigger in 2025 — here's what to know

Your paycheck could be slightly bigger in 2025 due to IRS inflation adjustments to the federal income tax brackets. Here's what to know.

CNBC - Jan. 7

U.S. refunding application fees for immigration program for citizens' spouses

The government will issue refunds to tens of thousands of unauthorized immigrants married to American citizens who applied for a program that was struck down in court.

CBS News - Jan. 7

U.S. to roll out 'Cyber Trust Mark' label on secure devices starting this year

The U.S. will begin rolling out a program to label certain internet-connected products as meeting a basic cybersecurity standard.

NBC News - Jan. 7

Drug Company to Share Revenues With Indigenous People Who Donated Their Genes

Variant Bio, a small biotech company based in Seattle, is using genetic information from Indigenous people to develop drugs for obesity and diabetes.

The New York Times - Jan. 7

I know how to fix new year’s resolutions – and it could change everything | Zoe Williams

Resolutions are undeniably terrible when we make them for ourselves. But what about if we began making them for each other?. What’s the right age to realise new year’s resolutions are trash that ...

The Guardian - Jan. 7