The public pension fund for policemen and firefighters is suffering a run as mass withdrawals further decrease the plan's funds. The city mayor has already applied for a restraining order so as to prevent the financial crisis from worsening.
The Pittsburgh pension fund investments are projected to fall short in 2016. This is due to the underperforming financial markets.
Donald Trump celebrates softbank for proposing a $50 billion investment on robotics doctors and lawyers.
Reports say that they need to advocate a greater funding for transportation infrastructure which is now covered by the Highway Trust Fund.
Bill Maris, the ex-CEO and founder of Google willl open and start up a Fund.
It is private cash which makes some projects possible.
The Green Climate Fund, a financial mechanism to support projects related to climate change, has been severely underfunded despite large donations from various wealthy nations. The problem has hindered the organization from successfully implementing its projects.
France spearheads the efforts to prevent the destruction of cultural heritage sites by establishing a fund committed for the cause. France has allocated $30 million for the protection of historical sites endangered by militant attacks and wars. Supporters of the initiative plan to establish $100 million.
A $50 vouchers will be given to the rural residents of Wisconsin and was approved by the Public Servce Commission.
The Maine Marathon had unexpectedly donated a toy fund to the Portland Herald of an amount of $10,000.
The country of Singapore regulators said Friday they will fine two banks a total of over $5.3 million for having breached money laundering rules in dealings with an indebted Malaysian state fund.
Quadria Capital, a healthcare focused private equity firm, is in the process of closing out deals in four companies in Southeast Asia. Its investments are mostly on pharmaceutical and healthcare corporations.
Climate change wakes up world retailers.
The European Union revealed its plan to invest EUR 5 billion for a common defense fund. The funding will strengthen the continent’s military capabilities and let the governments invest on military research.
China has once again believed in the power of bitcoing industry as China's Huiyin Group they launched and introduced $20 Million Bitcoin Fund.
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