Tag Archives: Fund

Meta will fund seven new natural gas plants to power its biggest data center yet

Meta will fund seven new natural gas plants to power its biggest data center yet It follows the company’s (non-binding) pledge to protect local communities from rising power costs. By Will Shanklin March 27, 2026   Meta We may receive a commission on purchases made from links. Meta will essentially foot the power bill for the … Continue reading Meta will fund seven new natural gas plants to power its biggest data center yet

Pershing Square IPO: Billionaire Bill Ackman’s hedge fund plans dual stock listing on the NYSE

March 10, 2026 Pershing Square IPO: Billionaire Bill Ackman’s hedge fund plans dual stock listing on the NYSE BY Michael Grothaus Billionaire investor Bill Ackman is planning to take his Pershing Square management company (PS) public. But in doing so, Ackman is taking an unusual route: He is also starting a new fund, Pershing Square USA … Continue reading Pershing Square IPO: Billionaire Bill Ackman’s hedge fund plans dual stock listing on the NYSE

Former Home Depot employee sentenced for $4M gift card theft to fund gambling habit

Former Home Depot employee sentenced for $4M gift card theft to fund gambling habit Suswati Basu     A former Home Depot employee is headed to federal prison after prosecutors say she orchestrated a multimillion-dollar gift card scheme and spent most of the money on gambling. Federal authorities in Atlanta say 53-year-old Felecia Ingram used … Continue reading Former Home Depot employee sentenced for $4M gift card theft to fund gambling habit

Judge rules White House must continue to fund CFPB

December 30, 2025 Judge rules White House must continue to fund CFPB span>span]:whitespace-nowrap”>The White House cannot lapse in its funding of the Consumer Financial Protection Bureau, a federal district court judge ruled on Tuesday, only days before funds at the bureau would have likely run out and the consumer finance agency would have no money … Continue reading Judge rules White House must continue to fund CFPB

Trump to tap investor and hedge fund manager Scott Bessent to lead Treasury department, say sources

November 23, 2024 Trump to tap investor and hedge fund manager Scott Bessent to lead Treasury department, say sources Prominent investor Scott Bessent has reportedly been selected by President-elect Donald Trump to take on the role of U.S. Treasury secretary. BY Reuters President-elect Donald Trump is expected to pick prominent investor Scott Bessent to take on … Continue reading Trump to tap investor and hedge fund manager Scott Bessent to lead Treasury department, say sources

This hedge fund CEO extols the virtues of challenging conversations in the workplace

October 28, 2024 This hedge fund CEO extols the virtues of challenging conversations in the workplace Robyn Grew, the first woman and openly gay CEO of Man Group, says its diversity is an advantage. BY Stephanie Mehta Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week … Continue reading This hedge fund CEO extols the virtues of challenging conversations in the workplace

Op-ed: Why do VCs fund founders like Sam Bankman-Fried and Elizabeth Holmes but not Black entrepreneurs?

  By Rodney Williams January 12, 2024 Sam Bankman Fried, former founder and CEO of cryptocurrency exchange FTX, was found guilty of wire fraud, conspiracy, and stealing as much as $10 billion in customer money. Elizabeth Holmes, founder of Theranos, is serving an 11-year sentence for fraud and conspiracy over false claims she made to … Continue reading Op-ed: Why do VCs fund founders like Sam Bankman-Fried and Elizabeth Holmes but not Black entrepreneurs?

Huawei is allegedly building a self-sufficient chip network using state investment fund

Huawei is allegedly building a self-sufficient chip network using state investment fund Bloomberg’s report suggests a ‘symbiotic relationship’ between Huawei and these enterprises. Richard Lai   Fri, Dec 1, 2023 A man checks Huawei’s Mate 60 series smartphones displayed at a Huawei store in Shanghai, China September 8, 2023. (REUTERS/Aly Song) We’ve seen Huawei’s surprising … Continue reading Huawei is allegedly building a self-sufficient chip network using state investment fund