Matt Cardy/Getty Images Appleby, the firm at the center of last year’s massive Paradise Papers leak, allegedly provided services to a bank accused of facilitating global terror and crime, according to a Guardian report. Appleby had represented the Federal Bank of the Middle East (FBME) since 2004, the report said. FBME was described as “a […]
Tag: funding
Home care workers say their jobs will be ‘nearly impossible’ without more provincial funding
Home Care Ontario, an organization representing home care service providers, is asking the provincial government for $ 600 million more in annual funding. The boost is one of 14 recommendations published in a new report Wednesday morning.
Govt shutdown imminent as Senate fails to pass funding
Despite 11th-hour meetings between President Donald Trump and leaders of both parties in Congress, efforts to avert a government shutdown have all but failed. A sticking point was the status of over 700,000 illegal immigrants. With just 1 hour and 45 minutes of federal funding remaining late Friday night, the Senate fell short of the […]
‘We’re not going to follow the hype’: Biotech VCs are concerned by the staggering size of early-stage startup funding
Reuters Money is flowing into biotech startups, with companies more and more frequently raising more than $ 100 million in early-stage funding rounds. We asked venture capitalists what all this capital meant for the private biotech industry. Some were excited for the science while concerned about the expectations that come along with this greater funding, […]
Trudeau says pot purchasers are funding gangs, organized crime and must be charged
Prime Minister Justin Trudeau says Canadians who buy pot are funding gangs and organized crime and will continue to be charged until marijuana is legal.
Christmas gov’t funding bill has $4.6bn for missile defense and costly naval repairs
Published time: 22 Dec, 2017 19:13 Edited time: 22 Dec, 2017 19:14 A government funding bill signed by US President Donald Trump allocates over $ 4.6 billion for missile defense from North Korea and Iran, as well as repairs to two destroyers damaged in collisions with merchant ships. In addition to the Tax Cuts and […]
Tesla challenger Faraday Future claims it raised $1 billion in new funding
Faraday Future, the futuristic automaker intent to take on Elon Musk-led Tesla Motors, says it has secured at least $ 1 billion in new investment, though details are scarce. Main backer Jia Yueting is also reportedly taking over as CEO of the frequently troubled electric vehicle maker. The investment was announced at a December 13th […]
Govt shutdown averted, as Congress approves temporary funding
Published time: 22 Dec, 2017 00:14 Edited time: 22 Dec, 2017 00:25 The federal government will be funded until January 19, after the House and Senate approved temporary spending bills to stave off a government shutdown. The Senate’s 66-32 approval and the House’s 231-188 vote to approve the short-term spending through January 19, 2018 saw […]
US lifts ban on funding research for gene-modified super viruses
For the past 3 years, the US has maintained a moratorium on backing research that involves genetically modifying viruses to make them more potent, whether it’s their ability to spread or their lethality. You can kiss that de facto ban goodbye, however: the government has lifted the restriction in favor of a new review step. […]
Why Ohio health care startups saw a 206% funding increase in 2017
GUEST: While there are a number of Midwestern cities that are home to promising health care startups, including Minneapolis and Chicago, Ohio is quickly positioning itself as a major player. The state has seen an influx of funding to health care and life sciences startups, and it produced one of the biggest Midwest startup exits […]
