WASHINGTON — Hunter Biden’s allies are again exploring whether to set up a legal defense fund to help pay for his legal fees after a similar effort was considered near the end of last year, when two people close to President Joe Biden received a briefing on how a defense fund would operate, according to […]
Michigan Capitol | Susan J. DemasMichigan Capitol | Susan J. Demas Despite no longer having the cushion of federal COVID funding, Michigan should still see modest growth in net tax revenues for Fiscal Year (FY) 2025 that will leave a higher-than-anticipated bottom line in the state’s General Fund. That was the takeaway Friday from the […]
Jane Synnestvedt survived unimaginable horror. She was on board TWA Flight 847 in 1985 when the plane was hijacked by terrorists after taking off from Athens. The FBI says the hijackers were connected to the terrorist organization Hizballah. “When your freedoms are taken away, it changes your life,” Synnestvedt told our Washington News Bureau. “There […]
(Bloomberg) — Millions of Colombians will need to pay two new fees on their pension savings according to latest draft of the pension bill sent to the Lower House on Friday. Most Read from Bloomberg Lawmakers modified the bill to allow fund managers to charge a fee of as much as 2% on profits, while […]
Nvidia’s chipmaker Taiwan Semiconductor Manufacturing (TSM), along with Amazon stock and Costco Wholesale (COST), headline Wednesday’s IBD Screen Of The Day, a column that focuses on top ideas in the IBD Stock Screener. X Wednesday’s stocks to watch picks come from the Stocks Funds Are Buying screen, which finds issues that mutual funds are buying. […]
Kansas City restaurants, bars and coffee shops — any establishment with a KCMO food or liquor license — will be able to apply for up to $15,000 to expand outdoor seating under a new ordinance passed unanimously by the city council Thursday. “We recognize restaurants and bars often operate under thin margins and want to […]
San Francisco Taxpayers Forced To Fund Free Alcohol For Homeless; California Tax Rates Increase Further, Prompting More Exodus California already held the distinction of having the highest state income tax in the country, with its top income tax rate at 13.3% for a decade. It was raised even higher to start 2024, with the top […]
Renaissance Technologies bought 1 million GameStop shares last quarter.Reuters A top hedge fund built a GameStop stake from scratch last quarter ahead of the meme stock’s surge. Renaissance Technologies’ 1 million shares were briefly worth $65 million at Tuesday’s high. RenTech, founded by the late Jim Simons, also boosted its AMC bet and pared Tesla […]
May 14—Every charity should have friends like the Drummond family. Josiah H. Drummond and Anne (Strahan) Drummond were a young married couple in Portland in 1949 when they made a donation to a new charity that set out to buy Christmas gifts for a thousand children whose parents could not afford them. As the charity […]
(Bloomberg) — China is probing a hedge fund firm with stellar returns after it stopped repaying investors, following tightening scrutiny on the 5.5 trillion yuan ($760 billion) industry. Most Read from Bloomberg The China Securities Regulatory Commission said Saturday night it’s investigating alleged illegal activities at Zhejiang Ruifengda Asset Management Co. and would seek to […]
Ken Griffin, the billionaire founder of the hedge fund Citadel, wader deeper into the national debate about American colleges and the protests that have consumed many campuses over Israel’s war in Gaza. In an interview with the Financial Times, the Harvard alum and mega-donor decried the social justice “narrative” at some schools. “What you’re seeing […]
COLUMBUS, Ohio (WCMH) – This week on The Spectrum: “We were elected to do a job,” Congressman Mike Carey (R-15th District) said. “We came here to legislate and not just try to make the stunts on the floor.” Efforts to put Joe Biden on the Ohio ballot stall But his opponent in November sees an […]