Philanthropist MacKenzie Scott and Yield Giving donated $42 million to San Rafael-based nonprofit 10,000 Degrees, marking the largest donation in its 45-year history, Fortune confirmed. Scott, the ex-wife of billionaire Jeff Bezos, has a well-established reputation for directing her philanthropy toward first-generation and low-income students, many of them students of color. Standing by DEI in…
WASHINGTON — Over a recent two-year period, the Pentagon funded hundreds of projects done in collaboration with universities in China and institutes linked to that nation’s defense industry, including many blacklisted by the U.S. government for working with the Chinese military, a congressional investigation has found. The report, released Friday by House Republicans on the…
WELLINGTON, New Zealand (AP) — New Zealand has halted millions of dollars in funding to the Cook Islands over the “breadth and content” of agreements the smaller Pacific nation made with China, officials from the New Zealand Foreign Minister’s office said Thursday. New Zealand, which is the smaller Pacific nation’s biggest funder, won’t consider any…
Hong Kong’s public finances are crumbling. For decades, the city’s fiscal health relied heavily on land sales. Between 2012 and 2022, land sales contributed an average of 14 per cent of government revenue. However, in 2024-25, land sales plunged to just 1 per cent of revenue, or about HK$6.6 billion (US$848 million), a stark contrast…
HARRISBURG, Pa. — President Joe Biden designated a national monument at a former Native American boarding school in Pennsylvania on Monday to honor the resilience of Indigenous tribes whose children were forced to attend the school and hundreds of similar abusive institutions. The White House announced the creation of the Carlisle Federal Indian Boarding School…