August 15, 2025

News

Finance

G20 finance ministers’ shrug off US physical absence at meeting

DURBAN – G20 finance ministers and central bank governors have shrugged off United States (US) President Donald Trump’s poor endorsement of the bloc’s work under South Africa’s presidency. The finance track met for a third time in Zimbali in KwaZulu-Natal (KZN) this week—with talks wrapping up yesterday. The global finance leaders met amid heightened geopolitical tensions and trade wars triggered

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Funds

New budget proposal would cut NOAA funds by $387M

A new proposed federal budget from the U.S. House of Representatives would likely spare iconic research labs in Boulder but still leave a deep gash in funding. On Monday, the House appropriations committee unveiled a budget draft that would slash more than $387 million from the National Oceanic and Atmospheric Administration, or NOAA. That’s about

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Funds

Local station KCLU to fundraise for loss of federal funds

Senate passes bill to cut funding to public broadcasting The bill to cut more than $9 billion from public broadcasting, foreign aid and more will move on for a final House vote, then to the president. The rescission bill passed by Congress ends funding for the Corporation for Public Broadcasting, including NPR and affiliates. KCLU

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Banking

Tragic last moments of the twisted banking executive who plunged to his death after he was arrested for underage sex

Chris McCann’s descent into disgrace was so swift and complete, he could see no escape from his sudden shame and jumped to his death while visiting a national park in Queensland.  Two weeks ago, the 50-year-old was an anonymous Commonwealth Bank executive living quietly with his wife and two sons at Curl Curl on Sydney‘s

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Funds

‘Hamilton’ 10th anniversary show to fund immigrant support

The 10th anniversary Broadway performance of the cultural touchstone “Hamilton” will serve as a fundraiser for a coalition of nonprofit organizations that provide immigration services, creator Lin-Manuel Miranda said. Dubbed and hash-tagged “HamilTEN,” the performance on Aug. 6 at the Richard Rodgers Theatre is on track to raise about $3 million for the Immigrants: We Get

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Funds

Community raises funds for Xavier Mendoza, Watsonville High student hospitalized for brain tumor – Santa Cruz Sentinel

WATSONVILLE — A fundraiser to support a Watsonville High School student-athlete, who was been in the intensive care unit since being hospitalized for a brain bleed June 30, has exceeded its initial goal of raising $20,000 to assist his family with medical costs and lost wages. Xavier Mendoza, a sophomore known to those close to

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Finance

Former Ojai finance director files $1 million claim against city

Watch weeks-old peregrine falcon chicks at the Ojai Raptor Center Peregrine falcon eggs were transferred to the Ojai Raptor Center in May 2025. Watch what happens next. Pamela Greer, former Ojai finance director, filed a 22-page claim July 15. She said the real reason for her March 3 firing was her exposure of internal improprieties.

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Funds

Harris County Judge Lina Hidalgo reports spike in campaign funds, almost entirely from legal services refunds – Houston Public Media

Lucio Vasquez/Houston Public Media FILE: Harris County Judge Lina Hidalgo dismisses allegations of evidence tampering during a press conference on Nov. 10, 2023. The latest campaign finance filing by Harris County Judge Lina Hidalgo – who has not yet revealed whether she intends to seek a third term next year – shows her available cash

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Investment

Scale AI cuts 14% of workforce after Meta investment, hiring of founder Wang – NBC New York

Scale AI is cutting 14% of its staff weeks after Meta’s $14.3 billion investment in the startup. Interim CEO Jason Droege said in a memo that company ramped up its generative AI capacity “too quickly” and created too many layers of “excessive bureaucracy.” Meta CEO Mark Zuckerberg hired Scale AI’s CEO Alexandr Wang to serve

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Investors

Where in California do investors own the most houses? – Orange County Register

Investors own more than half of all the houses in seven California counties. That’s one eye-catching nugget from my trusty spreadsheet’s review of data on investor activity across the nation from BatchData, a small data tracker that digs deeper into property records than many traditional real estate analysts. BatchData reviewed California ownership records to identify the

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