NYC teacher group behind anti-Israel protests gets thousands from Soros fund
A group of New York City public school teachers behind a controversial pro-Palestinian student strike received thousands of dollars from George Soros’ Taze Foundation, The Washington Post has learned. Teachers Unite, a registered nonprofit based in Manhattan’s Financial District, received $11,000 in 2023 from the billionaire left-wing investor’s social justice charity. According to tax filings […]
Councils pension fund settles Under Armour legal claim – BBC.com
Image source, Getty Images Image caption, The clothing company has a market capitalization of more than $3 billion. Article information author, Craig Williams role, BBC Scotland News 2 hours ago Lawyers for pension funds representing workers at three Scottish local authorities have won a $434 million settlement from US sportswear maker Under Armour. The North […]
Mets owner Steve Cohen eyes new $1B AI fund: report
Steve Cohen, the hedge fund mogul who owns the New York Mets, wants to raise $1 billion to buy a stake in an artificial intelligence company, Bloomberg reported on Monday. Sources told the financial newswire that his Point72 Asset Management firm plans to launch a new fund that will bet on, or not bet on, […]
Top Dem Senate candidate diverted millions from police during crime surge to fund mental health facility
First appeared on FOX: The leading Democratic candidate in this year’s Senate race has diverted millions of dollars from law enforcement to fund mental health facilities, even as crime is soaring. Prince George’s County Mayor Angela Alsobrooks, who is running to replace retiring Maryland Democratic Sen. Ben Cardin, announced in June 2020 that $20 million […]
Let the next Congress fund 2025
It took the Republican majority in the House of Representatives six months and two speakers to fully fund the government for fiscal 2024. Rather than repeat the same drama for 2025, Congress should pass a continuing resolution that fully funds the government until March. In doing so, Congress will give the public the opportunity to […]
Once Described As The Left’s ‘Rising Star,’ Mondaire Jones Calls Out ‘Trust Fund Socialists’ In His Party
Former Democratic New York Rep. Mondaire Jones slammed some progressives in his party, calling them “trust fund socialists,” in an interview with Politico published Monday. “I just have experienced a lot of things the way I was raised, unlike the trust-fund socialists in Williamsburg and other places who are suggesting I’m not progressive enough,” Jones […]
Major pension fund will vote against Elon Musk pay package
The head of a major pension fund said on Monday that he will vote against Elon Musk’s compensation proposal later this week. Christopher Eilman, chief investment officer at the California State Teachers Retirement System (CalSTRS), said in an interview with CNBC that the system opposes Musk’s compensation package, calling it “absurd.” As of June 2023, […]
California pension fund to oppose Elon Musk’s ‘ridiculous’ Tesla $56B payday
The California State Teachers’ Retirement System plans to vote against Tesla CEO Elon Musk’s $56 billion compensation package, the pension fund’s chief investment officer said. He told CNBC on monday. “We’re paying him 140 times what the average worker makes. How’s that? I think that’s fair enough. This pay structure is ridiculous,” Chris Eilman said […]
PGA Tour reports ‘progress’ with Saudi Arabia Public Investment Fund that pays for LIV Golf
The PGA Tour provided progress updates, without providing details, on face-to-face talks between the tour’s negotiating committee and Saudi Arabia’s Public Investment Fund as they work to reach an agreement. “We want to do this right and are approaching these discussions with careful consideration of our players, fans, partners and the future of the game,” […]
Appeals court rejects SEC fee rule in win for private equity, hedge fund industry
A U.S. appeals court has struck down a Securities and Exchange Commission rule aimed at giving investors more transparency into private funds, handing a victory to an industry with nearly $27 trillion in assets. In a 3-0 decision on Wednesday, the New Orleans-based U.S. 5th Circuit Court of Appeals ruled in favor of six private […]