Tag: fund

Citadel and Robinhood CEOs will call for new stock trading rule at GameStop hearing

Players central to the GameStop market bonanza will call on Congress to shorten the time required for stock trades to settle, according to testimonies released ahead of their appearances at a Congressional hearing on Thursday.Why it matters: A typically obscure…

/ February 18, 2021
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In Lieu of Mardi Gras Parades, Artists Are Turning New Orleans Homes Into Wildly Creative ‘House Floats’—See Images Here

The pandemic can’t stop the party in New Orleans, where residents have transformed their homes into stationary Mardi Gras floats to help adapt the city’s traditional pre-Lenten celebrations for the age of social distancing. Last year’s festivities were among the…

/ February 15, 2021
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Obscure corporate donors flooded key 2020 Senate races

Significant chunks of money spent in key 2020 Senate races — including Kelly Loeffler's in Georgia — came from nonprofits and companies with little online footprint and no trace of their own financial benefactors, new disclosure filings show.Why it matters:…

/ February 5, 2021
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A New Show Places Emma Amos, Whose Art Captured the Civil Rights and Feminist Movements, Where She Belongs: the 20th-Century Canon

The artist Emma Amos died in May, at age 83, from complications of Alzheimer’s Disease. But even as her illness progressed, the painter, printmaker, and weaver was sustained by the knowledge that her seven-decade career was finally on the brink of her…

/ February 2, 2021
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Robinhood has a stacked policy team — and it’s going to need it

The stock-trading app Robinhood has an arsenal of political power brokers it can deploy on its behalf as it faces congressional inquiries over its role in an internet-fueled market manipulation frenzy.Why it matters: The populist, discount trading platform is going…

/ January 29, 2021
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The old news business model is broken: making Google and Facebook pay won’t save journalism

The federal government is talking tough about making Google and Facebook pay Australian news businesses for linking to, or featuring, these publishers’ content. The digital platforms have been talking equally tough. Facebook is threatening to remove Australian news stories and…

/ January 29, 2021
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‘A 6-Year-Old In A 90-Year-Old’s Body’ – The Children Devastated By Long Covid

“He’s like a six-year-old in a 90-year-old’s body,” says Chris Ward of his son Thomas, who first fell ill last February with a fever, breathlessness and aches all over his body.Thomas was assessed at A&E where the family was asked…

/ January 27, 2021
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Silicon Valley backlash grows as vocal tech faction boycotts

Silicon Valley may be a "state of mind," but it's also very much a real enclave in Northern California. Now, a growing faction of the tech industry is boycotting it. Why it matters: The Bay Area is facing for the…

/ January 27, 2021
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Off the rails: Conspiracy theorists commandeer Trump’s legal operation

Beginning on election night 2020 and continuing through his final days in office, Donald Trump unraveled and dragged America with him, to the point that his followers sacked the U.S. Capitol with two weeks left in his term. This Axios…

/ January 17, 2021
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Surreal Photos Show DC In Lockdown As Inauguration Day Approaches

As Washington, DC, still reels from the January 6 insurrection at the US Capitol, it also prepares for the inauguration of Joe Biden and Kamala Harris.Photos this week show the city mounting unprecedented preparations against the backdrop of the coronavirus…

/ January 15, 2021
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Government funds are not ‘taxpayer money’ — media and politicians should stop confusing the two

Rhetoric plays an important role in tax debate and therefore tax policy. If your side manages to gain traction in the public imagination with labels such as “death tax” or “dementia tax”, you have gone a long way to normalising…

/ January 14, 2021
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Major businesses say they will pause political donations following Capitol riots

Major businesses are pausing donations to politicians in light of Wednesday's deadly siege of the U.S. Capitol. Driving the news: Marriott will pause donations from its PAC to "who voted against certification of the election,” a company spokesperson confirmed on…

/ January 10, 2021
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Ethical minefields: the dirty business of doing deals with Myanmar’s military

Myanmar’s transition from five decades of military rule is a work in progress. Despite the junta’s formal dissolution in 2010, the release of political prisoners including opposition leader Aung San Suu Kyi, and democratic reforms allowing National League Democracy to…

/ January 7, 2021