The battle forming in the European fintech scene

The Ford Foundation Maintains $180 million in Fresh Democratic justice grants, Backed by Profits from Societal bonds

This latest financing doubles the Foundation’s existing obligations in the civil justice arena into about $330 million. This latest allocation was made possible with a deft use of funds markets–unprecedented from philanthropic history. Back in Junethe Foundation declared its strategy to invest $1 billion in societal bonds to improve its grant-giving capability in a period […]

Hedge fund Alden Global wants to sink its teeth into another newspaper chain

The hedge fund has made an unsolicited takeover bid of $24 per share in an all-cash deal in order to acquire Lee Enterprises, the owner of the St. Louis Post-Dispatch and other newspapers across the country. Read More

A 100 million’virtual power plant’ could put an end to California’s Electricity woes

Back in August, residents of California were tormented by rolling brownouts because the nation ’s energy supply couldn’t meet an explosion in need. The power outages have been an {} but likewise an indignity because Californians pay a number of the greatest rates for electricity in the nation. This scenario has generated a business named […]