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July 5, 2022

funding

G-7’s infrastructure funding plan offers an alternative to China’s BRI in a ‘deliberate way’

CNBC
CNBC – For more and to sign up click here The Group of 7 has announced a new infrastructure funding program that could rival China’s Belt and Road Initiative. One expert says the G-7’s plan offers hope to developing countries but it remains to be seen whether it can match......

Letters to the Editor — June 26, 2022

NYPost
Post readers New York Post readers sound off on woke humor, Texas’ delusions, the drug epidemic and weed shop splurges. Source – For more click here To Return to the Main Aggregate News Page – click here Break’n Pics – Click here for Free Stock Photos...

Intel warns Ohio factory could be delayed because Congress is dragging its feet on funding

CNBC
CNBC – For more and to sign up click here A large chip factory currently in the early stages of being built outside of Columbus, Ohio, could see its scope scaled back or construction delayed depending on what Congress does with the CHIPS Act, Intel said in a statement on......

Crypto platform FalconX valued at $8 bln in new funding round

Reuters
NEW YORK, June 22 (Reuters) – Digital assets platform FalconX was valued at $8 billion in a new funding round led by Singapore’s sovereign wealth fund GIC and B Capital, more than doubling its valuation in 10 months, its chief executive and founder Raghu Yarlagadda told Reuters, despite a the......

With Funding Stalled, Chip Makers Warn Congress the U.S. Is Lagging

New York Times
WASHINGTON — Top chip makers are pressuring Congress to quickly pass a measure providing more than $52 billion for companies that build semiconductor factories in the United States, privately warning lawmakers that failure to do so could prompt them to take their manufacturing plants elsewhere. The bill, known as the......

‘Delusional’: UN chief slams new fossil fuel funding and warns of climate chaos

CNBC
CNBC – For more and to sign up click here In remarks delivered to the Austrian World Summit in Vienna via video, Antonio Guterres issued a sobering assessment of the planet’s prospects. “Most national climate pledges are simply not good enough,” he said. Michael M. Santiago | Getty Images News......

China faces a nearly $1 trillion funding gap. It will need more debt to fill it.

CNBC
CNBC – For more and to sign up click here During the first four months of the year, investment in real estate development fell by 2.7% from a year ago. Pictured here is a project in Qingzhou, Shandong province, on May 15, 2022. CFOTO | Future Publishing | Getty Images......

Twitter jumps after Musk increases commitment in takeover bid to $33.5 billion, in talks for other funding

CNBC
CNBC – For more and to sign up click here Elon Musk, during an event at SpaceX headquarters in Hawthorne, California, U.S., on Thursday, Oct. 10, 2019. Bloomberg /Getty A new filing reveals that Elon Musk plans to front $33.5 billion in his bid to take over Twitter. Musk is......

SpaceX looks to raise $1.7 billion in new funding, boosting its valuation to $127 billion

CNBC
CNBC – For more and to sign up click here A Falcon 9 rocket launches a batch of Starlink satellites to orbit on April 29, 2022. SpaceX SpaceX is raising a massive round of fresh funding, CNBC has learned, sending the private company’s valuation to about $127 billion. The space......

House to vote on $28 million in emergency funding to address baby formula shortage

CNN
USA TODAY – For more and to sign up click here The bills, put forward by House Democrats, are expected to be approved in the Democratic-led chamber. Their fate is unclear in the Senate, however. Senate Majority Leader Chuck Schumer indicated on Wednesday that lawmakers will try to pass something......

Yellen calls on allies to step up funding for Ukraine

Reuters
BRUSSELS, May 17 (Reuters) – U.S. Treasury Secretary Janet Yellen called for U.S. allies to step up financial support for Ukraine on Tuesday, saying that funds announced so far would not be sufficient for the country’s short-term needs as it battles a Russian invasion. “Ukraine’s financing needs are significant,” Yellen......

Biden calls on Congress to ‘immediately’ pass major Ukraine aid package before new Covid funding

CNBC
CNBC – For more and to sign up click here President Joe Biden urged Congress on Monday to quickly approve a multibillion-dollar aid package for Ukraine before trying to pass a new round of Covid-19 funding, warning that U.S. aid for that country’s fighters has nearly been exhausted. Biden’s new......

NCAA approves NIL guidelines, threatens booster funding

Sports Illustrated
SI – For more and to sign up click here Ross Dellenger The NCAA took another step in cracking down on booster-led collectives as it relates to name, image and likeness (NIL) payments. The Division I Board of Directors approved new NIL guidelines Monday, clarifying existing bylaws that prohibit boosters......

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