Startup funding in the penultimate week of April 2024 declined by nearly 27.9% from the same period a year ago, totalling $74 million across 14 deals. However, deal density in the latest week improved to $5.3 million per deal, as per Tracxn data. From April 6 to April 12, 2023, startups had raised about $2.4 million per deal. Funding was down sequentially as well, from $103 million across 15 funding rounds in the previous week. Of the total corpus raised this week, fundraises of...
Governor Hochul and & legislative leaders agree on a tentative 237-billion-dollar State Budget deal. The agreement includes renewed subsidies for developers to build new housing in New York City and additional tenant protections. Pro-housing communities, like the Town of Plattsburgh, will share 650-million-dollars to help build new homes. Another half-billion dollars will be used for housing on state-owned sites, including former prisons. No word yet whether that could include the former Moriah...
Amazon Prime Video and the NBA are reportedly nearing an agreement that would make the streaming and retail giant a major platform for game telecasts.
After hours of stalemate, Senate Majority Leader Chuck Schumer (D-N.Y.) announced a deal Friday evening to vote on a package of amendments to a House-passed bill to reauthorize the Foreign Intelligence Surveillance Act’s (FISA) warrantless surveillance program, putting it on a trajectory to pass before a midnight deadline. The expanded surveillance powers authorized by
Union negotiators with Unifor Locals 240 and 673 have reached a tentative deal with GreenShield in Windsor they hope will end the nearly seven-week strike by over 600 workers which began March 1. Details of a ratification meeting were still being finalized Monday, but it’s expected GreenShield’s unionized members will vote on the tentative deal […]
The Saudi Fund for Development (SFD), signed a $50 million loan agreement with St. Vincent and the Grenadines on Friday, April 19, 2024, to assist communities affected by natural disasters, Saudi Press Agency reported. The deal was signed by SFD CEO Sultan Abdulrahman Al-Marshad and Minister of Finance of St. Vincent and the Grenadines (SVG), Camillo Gonsalves, during the 2024 spring meetings of the World Bank and the International Monetary
A Las Vegas pastor accused of sexual assault and child abuse reached a plea deal with Clark County prosecutors Monday, according to court documents.
State senators are pushing a bill that would fund and govern a Maui wildfire death and injury compensation fund, but the measure runs a risk of violating the Hawaii Constitution.
The clock is ticking down on the final few hours of negotiations between the TTC and members of the union representing about 650 communications, electrical, and signal workers. After months of unsuccessful contract talks between the two sides, the Canadian Union of Public Employees (CUPE) - Local 2 is set to strike on Monday at 12:01 a.m., if a deal isn't reached. The workers have been without a collective agreement since March 2022. In February, they voted 99.3 per cent in favour of a...
This week’s UK tech funding deals include flying taxi company Skyports, Scottish rocket manufacturer Orbex, generative AI legal assistant Lawhive and more. UKTN tracked £176.6m worth of tech funding deals this week (15 April to 19 April), a whopping 316.5% week-on-week increase. Here’s your weekly roundup of UK tech startup funding. Skyports – £88m Sector: Mobility […]
The U.S. Justice Department has agreed to pay approximately $100 million to settle claims with about 100 people who say they were sexually assaulted by sports doctor Larry Nassar, a source with direct knowledge of the negotiations told The Associated Press on Wednesday.
Lawmakers Ask IRS To Investigate Chinese Funding Of Anti-Israel Protests Authored by Eric Lundrum via American Greatness, On Wednesday, lawmakers in the U.S. House of Representatives called for the Internal Revenue Service (IRS) to begin investigating the financial links between China and anti-Israel groups that have been protesting throughout the United States since October 7th. According to the Washington Free Beacon, the request comes from members of the House Ways and Means...