Investors Pour Billions into Sp Equal Weight Fund As Tech Fears Rise
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British activist investor seeks to disrupt Singapore takeover
Palliser Capital accuses OCBC of treating insurer’s minority shareholders unfairly as activist campaigns pick up in AsiaFinancial Times - 6h -
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 -
Footloose CFOs need not scare off investors
A clutch of finance chiefs are heading out the door, but this is all part of the rough and tumble of corporate lifeFinancial Times - 1d -
'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 -
Chris Riddell on Donald Trump pouring oil on to the climate crisis as Los Angeles burns – cartoon
The president-elect is obsessed with drilling for fossil fuels, not to mention taking control of Canada and Greenland and renaming the Gulf of Mexico. You can buy a copy of this cartoon ...The Guardian - 3d -
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 - 4d -
Why investors are still buying gold despite a strong dollar and rising Treasury yields
Gold prices settled Thursday at their highest level in four weeks, defying their usual inverse relationship with strength in the U.S. dollar and gains in Treasury yields, as fiscal worries prompt ...MarketWatch - 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 -
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 - 5d -
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 - 5d -
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 - 5d -
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 - 5d -
Hyundai pours $16.7bn into EV development at home as it braces for Trump tariffs
World’s third-largest carmaker is grappling with tougher competition abroad and sluggish demand in South KoreaFinancial Times - 6d -
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 -
Homeless figures rise in Germany but government plays down fears
Yahoo News - 6d -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - 6d -
Amid fears about Hollywood's future, L.A. approves $1-billion Television City project
The debate over the project has played out amid a downturn in the region's entertainment industry, with studios taking their film and television productions elsewhere.Los Angeles Times - Jan. 8 -
The rise and rise of Newcastle's Isak
With Alexander Isak leading the charge for a reinvigorated Newcastle United, BBC Sport looks at the rise of Tyneside's crown jewel.BBC News - Jan. 7 -
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 -
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 -
Indian investors rush into highly valued defence stocks
Asset managers have launched specialist funds as push for domestic armaments sends share prices soaringFinancial Times - Jan. 7 -
Microsoft Says AI Will Lead To Job Losses, Invests $80 Billion In The Tech
Microsoft has doubled down on its plan to invest $80 billion into artificial technologies in 2025, while at the same time admitting that advancements to the technology will lead to job losses. This ...GameSpot - Jan. 6 -
China rushes to reassure investors as equities and renminbi fall
CSI 300 down 4.2% this year and currency slides to 15-month low as Donald Trump’s return weighs on marketsFinancial Times - Jan. 6 -
Baerbock: EU will not fund the Islamization of Syria
Yahoo News - Jan. 4 -
Tech breakthroughs of 2024
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story How tech breakthroughs are changing health The health and technology sectors intersected in fresh ways in ...The Hill - Jan. 3 -
Takano to take helm of Congressional Equality Caucus
Rep. Mark Takano (D-Calif.) will take the reins of the Congressional Equality Caucus, a coalition of House Democrats supportive of LGBTQ rights, in the 119th Congress, the group announced Friday. ...The Hill - 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 -
AARP’s AgeTech Investor Network is helping tech entrepreneurs target the aging population
AARP has started its AgeTech Investor Network, aimed at helping startups get off the ground in the AgeTech market.VentureBeat - 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 -
Sugar Bowl security to equal Super Bowl: New Orleans police
The New Orleans Police Department revealed Thursday that the annual Sugar Bowl will feature heightened security after a man drove directly into a crowd on Bourbon Street on Wednesday morning, ...The Hill - Jan. 2 -
Activist investors give Japan a wake-up call
A critical mass of shareholder activists are forcing companies to adjustFinancial Times - Jan. 2 -
Equal Rights Amendment advocates should take ‘dead’ for an answer
ERA advocates are attempting to revive the 1972 ERA by having President Biden order the archivist to certify it as part of the Constitution, but the Supreme Court and lower courts have ruled that ...The Hill - Jan. 1 -
Number of US venture capital firms falls as cash flows to tech’s top investors
Risk-averse financial institutions concentrate money on biggest Silicon Valley VCs in trend that threatens smaller groupsFinancial Times - Jan. 1 -
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
