Federal, provincial governments reach agreement on funding proposal for Calgary 2026 Olympic bid

The federal and provincial governments have reached an agreement to consider a funding proposal that would mean the public dollars are in place to fund the 2026 Winter Olympics in Calgary, if a hesitant city council agrees to sign on.  The Calgary 2026 bid corporation sent out an announcement at 10 p.m. M.T. Tuesday that included a letter […]

The US has a major truck driver shortage — but the co-founder of a trucking startup that’s attracted $80 million in funding says there are 3 other issues that are making the shortage seem worse than it is

Courtesy of Transfix The truck driver shortage has dominated America’s headlines in the logistics space this year. However, Transfix CEO Drew McElroy said the driver shortage isn’t the only thing that’s dragging the industry down. With billions of miles being driven empty every year and technology like GPS not being widely implemented, McElroy said the […]

Energy Department proposes funding for Ohio’s first offshore wind project

Enlarge / A simulated image of turbines in the distance out on Lake Erie. They are very tiny and in the middle left section of the horizon. Notably, this simulation is used to show that the turbines will hardly be a blight on Ohio’s beach views. (credit: Lake Erie Energy Development Corporation) An energy development […]

MoviePass owner announces it recently raised $65 million in new funding (HMNY)

Hollis Johnson/Business Insider Ted Farnsworth, the CEO of Helios and Matheson Analytics, which owns MoviePass, said on Tuesday that the company has raised $ 65 million in new funding. He also said that that MoviePass has controlled its spending since changing to the three-movies-per-month plan.   MoviePass isn’t going anywhere — at least according to Ted […]

Calls for probe after media uncovers US funding of UK's think tanks vocal on Brexit

The public is demanding an investigation after a report that British think tanks, advocating Brexit, received lavish funding from American donors. The “analysis” carried out by the Guardian paper established that the US fundraising bodies, which provide donations to the British think tanks, had received $ 5.6 million (£4.3 million) since 2008. This money was […]

We need more cash, demands BBC boss as funding cuts bite

Speaking during the Royal Television Society conference in London, he said the broadcaster would not be able to compete due to licence fee cuts. He urged people to support the BBC in an age of “fake news” and “decreasing British content”, as Amazon and Netflix continued to expand their audience share. Lord Hall, 67, said: […]

GOLDMAN SACHS: Chinese tech giants are dominating North America in VC funding for the first time, and it could be the start of an unprecedented boom (BABA, BIDU, JD)

Chinese companies outpaced their American counterparts in venture-capital funding for the first time during the second quarter, according to Goldman Sachs. Tech giants and Softbank contributed the most to this milestone. According to Goldman’s analysts, Chinese tech giants including Alibaba and Baidu are creating ecosystems with unprecedented influence to develop new technologies and business models.  Watch […]

‘Ditch refugee institution, look at real numbers’: Netanyahu praises US for axing UNRWA funding

Israeli Prime Minister Benjamin Netanyahu has thrown his support behind the US decision to pull funding from the UN’s Palestinian refugee agency (UNRWA), accusing the aid group of inflating the number of refugees it assists. Speaking at Yad Binyamin on Sunday, Netanyahu said UNRWA is “perpetuating” the plight of refugees and that by pulling funding, […]