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Investment and Statecraft: The International Politics of Sovereign Wealth Funds - Georgetown Journal of International Affairs
In 1953, Kuwait established the world’s first sovereign wealth fund to invest the country’s oil revenues and generate returns that would reduce its reliance on a single resource. Since then, over 100 separate funds have been created to preserve national wealth and ensure long-term fiscal sustainability. Today, they manage over $10 trillion in global assets. In this discussion with GJIA, political economist Kathryn Lavelle explains the increasingly novel dynamics that surround fund behavior and what the world can come to expect from their growing presence in international financial markets. GJIA: When it comes to the roles sovereign wealth funds (SWFs) play in global markets and politics, what would you say makes them unique? Kathryn Lavelle: Sovereign wealth funds (SWFs) operate on behalf of governments as investors. That in itself is a strange relationship. Within them, a core contest takes place between the state’s interests (or sovereign) part of the dynamic, and the money interests (or wealth) part of it, and these two aspects are frequently in contradiction, serving fundamentally different goals. SWFs are also quite fascinating because when you talk to the people who manage these funds, they have an interest in convincing you that the decisions are made almost exclusively on a financial basis—they really will go to great lengths to differentiate their government owners and those who make the management decisions. At the same time, these people ultimately answer to someone in power. Therefore, for most SWFs, it remains deeply unclear who is actually making the investment decisions and for what purposes. Of course, it is not always clear how other vehicles, such as hedge funds and private equity make the decisions they do, but I think what a lot of people find particularly disconcerting about SWFs is that they seem to act on behalf of people who have a different identity from their own. People who could be trying to manipulate politics and markets in a way that would have a long-term effect on their own populations. Regular investors come and go at will, and they only share an interest in profit as far as most of us understand. However, SWFs have that extra “sovereign” part right behind them that obscures their true interest. GJIA: These funds can be found in countries all across the globe, in both authoritarian states and democracies. Would you say SWFs differ in their goals and structures between regime-type? KL: It is not necessarily regime type that makes the goals and structures of SWFs different. It has to do with their economies. Let’s look at a country like China. There’s going to be a debate about exactly how to characterize the regime, but it is a country with many different kinds of sovereign wealth funds, and a particularly opaque state connection to each. At one time, some of the state-owned Chinese oil companies created specialized investment vehicles listed outside Chinese markets that excluded parts of the firms that were more associated with human rights violations. At the same time, the China Investment Corporation (CIC)—China’s largest SWF—draws a lot of concern, not necessarily because of its investment activities, but because of the dynamics of global politics. So, I wouldn’t really tie differences to regime types themselves in a wholesale way, but rather to how such funds are perceived and how they are structured. Saudi Arabia’s SWF is getting all kinds of attention for its involvement in Hollywood, and this takes me right back to when I was a student in the 1980s, when people were concerned about Japanese investment entities buying assets in Hollywood. They aren’t quite the same in financial terms, but it’s the same kind of concern about foreign investment that drives people to be suspicious, and the whole idea that “foreigners are influencing Hollywood.” This holds true across industries, and it reflects where politics are in places like the United States right now. One metric we can try to look at is transparency, where all the funds will tell you, “we are transparent.” The problem you’ll keep running into with this approach is how you value things. When trying to do comparative studies of equity markets, you’ll find that every country doesn’t use Generally Accepted Accounting Principles like we do in the United States. A fund may appear opaque politically and not want people to show what they’re invested in or what their intent with that investment is, but they could also just not be able to report it because of the way it was purchased, or the kinds of shares they purchased. There are some assets out there that really are difficult to put a monetary value on. GJIA: To what extent do domestic politics shape SWF behavior in both the investing “home” country and the recipient “host” country? KL: This depends on the type of fund present and also on the extent to which voters’ political views are able to influence the fund. For example, in a democratic home state like Norway, the SWF doesn’t invest in nuclear weapons or tobacco because of social concerns, but there is a continuing debate over whether it should invest in oil, even though that’s where most of the money comes from. The degree to which Norway will continue to make those investments, and whether they contradict the government’s overall climate goals, is an open question in Norwegian politics. Because of the way the fund’s governance is structured, it may not be easy to resolve. On the other hand, some people consider pension funds, like the State Teachers Retirement System (STRS) in Ohio, to be quasi-SWF. They have a very strict separation between the people who make up the management division and the fund owners. No teacher or professor would want to invest in things that may harm the future of their students. At the same time, a fund manager might see an opportunity in a diversified multinational corporation that offers a good return, despite it deriving part of its revenue from e-cigarettes. These contests are very apparent. Domestic politics can work in host countries too. A good example is Singapore’s SWF, Temasek, investing in Thailand’s telecommunications sector. If you study political economy, you already know that countries everywhere are uncomfortable with foreign ownership of their telecom sectors because a foreign entity could monitor or manipulate our communications with each other. In the case of Temasek, there was significant pushback from Thai citizens surrounding the deal, which went on to influence national political sentiment toward Singapore as a whole, underscoring the risks some SWFs may face with their investment choices. In this case, fund behavior led to the dissolution of the entire Thai government in 2006 and a subsequent coup d’état. GJIA: To address some of this unease, the Santiago Principles were established in 2009 to ostensibly promote trust and transparency. From your perspective, have these mechanisms actually changed fund behavior? KL: In international relations theory, we always like to have a clear set of norms and best practices—the orientation we want the proverbial ship to be going in. In that regard, the Santiago Principles at least got the discussion going about which direction SWFs should take at a time when people were very skittish about the growing size of these funds. Nobody wanted them to be out there and potentially destabilizing economies, so talks about disclosure, conditions for withdrawal, and the independence of managers were helpful when initiated. The biggest stumbling block was that there wasn’t exactly a good way to measure compliance with the Principles, let alone how to hold funds to them. If you read the Principles, they’re overall quite vague. In general, a fund doesn’t want to reveal how and why they make certain investment decisions because that information is proprietary—a fund makes money off of how and why it makes decisions—so how do you reconcile that with loosely-defined ideas of openness? Some decisions might have a political purpose. The bottom line is that trying to figure out and assign a score to compliance is not easy, and it is therefore the reason why the Santiago Principles never really got off the ground to the point where they could truly direct fund behavior. GJIA: Many emerging markets are looking to build their own SWFs from mineral and oil revenues. Historically, have funds shaped development trajectories in these countries? KL: I think the big story in international emerging markets investment is that the investment is increasingly no longer unidirectional. In the past multinational corporations of primarily Western background were the main form of foreign direct investment in a country. That has changed dramatically, to the point where you have companies from so-called “developing countries” taking over companies in the United States. Therefore, the landscape of international investment has changed, and I think SWFs are certainly a possibility to be the next step in the game. Historically, you didn’t need an entire financial vehicle to reinvest commodity revenues in your country, but as emerging markets get more financially sophisticated, their capacity to operate such funds has increased. SWFs would allow treasuries to move from relying on holding foreign exchange assets like cash or government bonds to having broader financial markets and targeted growth areas, while easing pressure on welfare expenditures. GJIA: With their increasing financial weight, do you see the presence of SWFs being a factor in the political choices leaders will have to make with regard to domestic and foreign policy? KL: It will depend on just how big the funds get. One of the reasons people are already apprehensive is because of their scale, and if certain SWFs in certain countries achieve a large-enough size, the presence will absolutely be cause for concern. The other factor political leaders will have to consider are their objectives. It’s not always clear how to define a SWF, or even where its activity is concentrated, but it is certainly a worry from the perspective of national security of opaque external investment. More than that, I think one of the most interesting questions going forward is whether the United States, the home to the world’s largest financial markets, will develop its own fund, for which the Trump administration announced a plan. There have also been several proposals in Congress. Were it to come into being, it would have tremendous weight. At the same time, one of the hallmarks of U.S. capitalism is a lack of government ownership of shares, so it would not be clear how such a fund would be received in domestic politics, or which direction it would take. Given how politically fragmented the country is, a Democratic administration would likely be concerned about different sectors of the economy, such as healthcare, and want investment there, rather than a Republican administration, which might prefer defense industries. No investment vehicle could thrive under conditions of such instability. Moreover, it remains unclear where the money to fund a theoretical U.S. SWF would come from. It would be a fundamentally different entity depending on whether it is financed with debt, economic surplus, commodities, or the sale of state companies, as in the case of Singapore. If it is debt, or government borrowing of some form, then the fund would have to outperform whatever the cost of that debt is, which is not an easy thing to do. I think our political leaders have enough on their plate. Our system has worked well keeping political and investment functions generally separate. We have seen different forms of business rise and fall, and even the perception of different countries, all of which funds are tied to. Unless a major SWF either starts—like in the case of the United States—or collapses—an issue that concerns the Saudis, I don’t see any political tsunamis on the horizon. . . . Kathryn Lavelle is the Ellen and Dixon Long Professor of World Affairs at Case Western Reserve University in Cleveland, Ohio. Her research explores the exchange between domestic and international and political institutions with a particular emphasis on political economy and multilateralism. Dr. Lavelle’s first book, The Politics of Equity Finance in Emerging Markets, explored the political circumstances that surround large issues of stock in the developing world. After being granted tenure at Case Western, she was awarded an American Political Science Association Congressional Fellowship and named the William A. Steiger fellow, a designation given to the most promising political scientist in her class of fellows. While in Washington during 2006-2007, she worked on the staff of the House Committee on Financial Services on issues related to domestic and international monetary policy. Dr. Lavelle holds a PhD in political science from Northwestern University; an M.A. in government and foreign affairs from the University of Virginia; and a bachelor’s degree in international economics from Georgetown University. She is a permanent member of the New York Council on Foreign Relations. This transcript has been lightly edited for clarity and length. Interview conducted by Sid Mehrotra. Image Credit: Jason Leung, Unsplash Content Licenses, via Unsplash
MLB teams that spent the most money this offseason
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Rebuilding Colorado’s talent pipeline system
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A closer look at what Congress protected in the FY 2026 Commerce, Justice, and Science bill—and how lawmakers plan to hold agencies accountable
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Health Insurers in Shock After Medicare Holds Line on 2027 Payments
Big companies lose nearly $90 billion in market capitalization after Medicare proposed a relatively flat rate increase for next year.
Bay Area health care workers hold vigil for Alex Pretti
Health care stocks rocked by proposed Medicare Advantage rates
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Exclusive: CIA moves to establish foothold in Venezuela following Maduro’s capture
The CIA is quietly working to establish a permanent US presence on the ground in Venezuela, spearheading the Trump administration’s plans to exert its new-found influence over the country’s future, according to multiple sources familiar with the planning.
China's Anta Sports buys 29% Puma stake for $1.8 billion, rules out full takeover
China's biggest sportswear brand Anta Sports Products said on Tuesday it would buy a 29.06% stake in Puma from the Pinault family for 1.5 billion euros ($1.8 billion), making it the biggest shareholder in the German sportswear maker.
Anta Sports Set to Become Puma’s Largest Shareholder in $1.8 Billion Deal
The Chinese sportswear company has agreed to acquire a 29.06% stake in Puma, which will make it the German company’s largest shareholder.
China's Anta Sports muscles in with $1.8 billion move for 29.1% Puma stake
China's Anta Sports Products said on Tuesday it had agreed to buy a 29.06% stake in German sportswear maker Puma from the Pinault family's Artémis holding company for 1.51 billion euros ($1.79 billion).
UFC's first Paramount+ fight card averages nearly 5 million views
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Army vet wins $6.8 million from jury after suing LAPD over mental health '5150' hold
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New Orleans leaders, congressional Democrats condemn Trump’s anti-immigrant campaign
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David McClelland Appointed Head of the Santander US Auto Business
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Mysterious dark matter may be better understood through a new map of far-off galaxies
A new high-resolution map of distant galaxies may help scientists understand the mysterious dark matter holding the universe together.
Mysterious dark matter may be better understood through a new map of far-off galaxies
A new high-resolution map of distant galaxies may help scientists understand the mysterious dark matter holding the universe together
Learfield Appoints Sal Miliotto as General Manager of Murray State Sports Properties - Murray State University Athletics
Learfield, the exclusive multimedia rightsholder for Murray State Athletics, today announced Sal Miliotto as the General Manager of its locally based team, M...
Broncos order of picks in 2026 NFL draft
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Six Flags Entertainment (FUN) Valuation After US$1b Debt Refinancing And Extended Maturities
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Oil holds onto gains as Iran keeps investors on edge
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Benchmark sees Q1 same-store sales inflection for Dave & Buster’s Entertainment, Inc. (PLAY)
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What Elevance Health (ELV)'s Scale-Driven Efficiency Amid Membership Declines Means For Shareholders
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Inspired Entertainment, Inc. (NASDAQ:INSE) is favoured by institutional owners who hold 78% of the company
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William & Mary’s New Integrated Science Center Building Opens to Students
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Chattanooga health expert advises stocking up on essential meds ahead of winter storm
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Moolec Science S.A. Receives Nasdaq Staff Memo Supporting Panel Exception Through June 29, 2026 to Regain Compliance with Stockholders' Equity Requirement
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Ukraine Will Be the Business Opportunity of the Decade
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Minnesota holds economic strike to protest ICE presence
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2 pediatric patients treated for measles at Baptist Health emergency room, hospital says
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Republicans move forward with plans for a midterm convention featuring Trump
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Trump lawyers urge Supreme Court to block California's new election map while upholding Texas'
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OSWEGO — The Oswego YMCA invites the community to enjoy an evening of laughter and entertainment at “Live from Oswego, New York — It’s Comedy Night,” taking place Feb. 27 at the Lake Ontario Event and Conference Center.Doors open at 6 p.m. for cocktails, appetizers, auctions, and live music by Joe Cortini and the Jazz Mafia. The comedy show begins at 7 p.m. and is presented by Compass Federal Credit Union. × This page requires Javascript. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. kAm%96 6G6?:?8 H:== 36 9@DE65 3J 6>466 v6@C86 qC@25H6==[ 2 =@?8E:>6 7C:6?5 2?5 DFAA@CE6C @7 E96 ~DH68@ *|rp] qC@25H6== 92D D64C6E=J H2?E65 E@ ECJ DE2?5\FA 4@>65J 7@C J62CD[ 2?5 9@DE:?8 E96 *’D 4@>65J 6G6?E >2C65J] (96E96C 96 DFCG:G6D :E @C ?@E C6>2:?D E@ 36 D66?]k^Am #placement_726068_0_i{width:100%;margin:0 auto;}var rnd = window.rnd || Math.floor(Math.random()*10e6);var pid726068 = window.pid726068 || rnd;var plc726068 = window.plc726068 || 0;var abkw = window.abkw || '';var absrc = 'https://ads.empowerlocal.co/adserve/;ID=181918;size=0x0;setID=726068;type=js;sw='+screen.width+';sh='+screen.height+';spr='+window.devicePixelRatio+';kw='+abkw+';pid='+pid726068+';place='+(plc726068++)+';rnd='+rnd+';click=CLICK_MACRO_PLACEHOLDER';var _absrc = absrc.split("type=js"); absrc = _absrc[0] + 'type=js;referrer=' + encodeURIComponent(document.location.href) + _absrc[1];document.write('');kAm$9@H @A6?6C v=6?? “v@>6K” p52>D :D 2 46?EC2= }6H *@C< C25:@ =686?5 2?5 4@>65:2?[ 3C:?8:?8 564256D @7 6IA6C:6?46 E@ E96 DE286[ D92C:?8 D92CA 4@>65J 2?5 >6>@C23=6 DE@C:6D 7C@> 9:D =:76 2?5 42C66C] p 72>:=:2C 7246 2E $JC24FD6\2C62 4@>65J ?:89ED 2?5 6G6?ED[ p52>D :D 2 ECF6 46?EC2= }6H *@C< @C:8:?2=]k^AmkAmp52>D 92D 366? 2 7:IEFC6 :? =@42= >65:2 D:?46 `hg`] x? E96 DF>>6C @7 `hgb[ 96 9@DE65 E96 @G6C?:89E D9@H @? H92E H2D E96? |28:4 `_c]f[ =2E6C 364@>:?8 4@F?ECJ DE2E:@? q`_c]f] w6 ;@:?65 *hcu| :? `hgc[ H96C6 96 9@DE65 r=F3 v@>6K 2E ?:89E 367@C6 >@G:?8 E@ E96 >@C?:?8 D9@H H:E9 “q:8 |:D ;@:?65 E96 >@C?:?8 D9@H @? r=2DD:4 #@4< %zhh[ H9:49 =2E6C 3642>6 E96 7=28D9:A C25:@ DE2E:@? 7@C $JC24FD6 &?:G6CD:EJ DA@CED]k^AmkAmp52>D 9@DE65 E96 2H2C5\H:??:?8 r@249 y:> q@696:> 42==\:? D9@H 7@C ad J62CD 2?5 4@?E:?F6D E@ 9@DE E96 D9@H H:E9 $JC24FD6 32D2:?D 24E:G6 A6C7@C>:?8 2?5 AC@>@E:?8 4@>65J E9C@F89@FE E96 C68:@?]k^AmkAm%96 6G6?:?8 9625=:?6C[ qC6?52 #6:?92C5E[ H:== 56=:G6C D92CA[ C6=2E23=6 4@>65J C:77:?8 @? 28:?8[ 2 DFCAC:D:?8 s}p E6DE C6G6=2E:@?[ 2?5 DA@E\@? :>A6CD@?2E:@?D] “$>2CE[ D2DDJ[ 2?5 F?7@C86EE23=6[ D96 :D 2 >FDE\D66 :? E96 =:?6FA[” 2? 6G6?E DA@6C E@ DE2?5\FA 4@>65J[ #6:?92C5E 3682? 96C 42C66C 27E6C >6?@A2FD6 2?5 96C D64@?5 5:G@C46[ 3C:?8:?8 2 C67C6D9:?8=J 9@?6DE 2?5 F?4@?G6?E:@?2= A6CDA64E:G6 E@ E96 DE286] w6C 5:G6CD6 =:76 6IA6C:6?46D :?4=F56 H@CFD:4[ 6DA64:2==J 92:C 32?5D 2?5 962GJ >6E2=[ #6:?92C5E DE2CE65 5CF>>:?8 :? 96C d_D 2?5 9@A6D E@ :?4@CA@C2E6 96C >FD:42= E2=6?ED :?E@ 7FEFC6 DE2?5\FA A6C7@C>2?46D]k^AmkAm“p 4@>65J ?:89E 8:G6D FD E96 @AA@CEF?:EJ E@ 46=63C2E6 @FC 4@>>F?:EJ H9:=6 DFAA@CE:?8 2? :>A@CE2?E >:DD:@?[” D2:5 %C:?2 |:==D[ G:46 AC6D:56?E @7 E96 ~DH68@ *|rp 3@2C5 2?5 6G6?E 4@>>:EE66 >6>36C] “(96? A6@A=6 4@>6 E@86E96C E@ =2F89[ E96J’C6 2=D@ 96=A:?8 6?DFC6 E96 *|rp 42? 4@?E:?F6 D6CG:?8 @FC 4@>>F?:EJ E9C@F89 AC@8C2>D E92E AC@>@E6 H6==?6DD[ 4@??64E:@?[ 2?5 @AA@CEF?:EJ]”k^AmkAm!C@4665D 7C@> E96 6G6?E DFAA@CE E96 ~DH68@ *|rpUCDBF@jD >:DD:@? 2?5 AC@8C2>D] vC@FA 2?5 3FD:?6DD E23=6 A24k^2m]k^Am googletag.cmd.push(function() { googletag.display('ad-2978731'); });
ACOG Holding Ground on Maternal Health
Join experts, ob-gyn community members, and partners on January 23 at 1 p.m. ET for ACOG’s 2026 Maternal Health Awareness Day live webinar, Holding Ground on Maternal Health, featuring keynote speaker Ndidiamaka Amutah-Onukagha, PhD, MPH, and guest speaker Keith Reisinger-Kindle, DO, MPH, MS, FACOG.
Health Insurance CEOs Testify on Health Care Affordability
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A Look At The Intrinsic Value Of Goodwill Entertainment Holding Limited (Catalist:GEH)
Key Insights Goodwill Entertainment Holding's estimated fair value is S$0.18 based on 2 Stage Free Cash Flow to Equity...
Donovan Mitchell, Jaylon Tyson help Cavaliers hold off Hornets
Donovan Mitchell scored 24 points and the Cleveland Cavaliers were solid on defense on the way to beating the host Charlotte Hornets on Jan. 21.
Attackers With Decompilers Strike Again (SmarterTools SmarterMail WT-2026-0001 Auth Bypass)
Well, well, well - look what we’re back with. You may recall that merely two weeks ago, we analyzed CVE-2025-52691 - a pre-auth RCE vulnerability in the SmarterTools SmarterMail email solution with a timeline that is typically reserved for KEV holders. The plot of that story had everything; * A
BioStem Technologies Advances Entry into the Acute Wound Care Market with Acquisition of BioTissue Holdings’ Surgical and Wound Care Business
Accelerates expansion of BioStem’s commercial organization through integration of an experienced national sales force Expands access to major GPO networks, strengthening BioStem’s position across hospital settings Barry Hassett promoted to Chief Commercial Officer Conference call scheduled for tomorrow, January 22nd at 8am ET POMPANO BEACH, Fla., Jan. 21, 2026 (GLOBE NEWSWIRE) -- BioStem Technologies, Inc. (OTC: BSEM), a leading MedTech company focused on the development, manufacturing, and comm
Fed's Cook doubles down on her role after SCOTUS wraps
Federal Reserve Governor Lisa Cook vowed to uphold the principle of 'political independence' in her role, despite Trump's effort to fire her
House Panel Votes to Hold Clintons in Contempt in Epstein Inquiry
The votes by the Oversight Committee were bipartisan, though many Democrats said the charges were extreme given Bill and Hillary Clinton’s willingness to answer questions.
'Business as usual impossible': EU freezes trade deal with US; comes after Trump's Davos speech - The Times of India
International Business News: The US-EU trade deal is \"on hold until further notice\", as announced by the chair of the European parliament’s trade committee Bernd Lange.\"Now offici.
Democrat heads to runoff in Republican-heavy Macon area Georgia Senate seat
A crowded state Senate special election in a Republican stronghold has again resulted in a Democratic candidate securing a spot in next month’s runoff.
Public health experts hold Q&A on vaccine science in Boston
On Tuesday, a panel of public health experts answered questions from the concerned public about vaccine science amid recent federal changes in vaccine mandates.
Public health experts hold Q&A on vaccine science in Boston
On Tuesday, a panel of public health experts answered questions from the concerned public about vaccine science amid recent federal changes in vaccine mandates.
What International Business Machines (IBM)'s New Enterprise AI Platform Push Means For Shareholders
IBM recently announced several AI initiatives, including IBM Enterprise Advantage for building internal AI platforms, an enterprise-grade agentic AI collaboration with e&, and GRAMMY IQ built with watsonx to power interactive fan experiences using historical Recording Academy data. Together, these moves highlight IBM's push to embed governed, agentic AI across both mission-critical enterprise workflows and high-visibility consumer-facing experiences, underscoring its ambition to be an...
Common vitamin byproduct may help cancer evade immune system, study finds
A Vitamin A byproduct could weaken the immune system's cancer-fighting ability, according to new Princeton University research.
WATCH LIVE: White House holds briefing after Trump's latest Greenland and tariff threats
Microsoft veteran explains the one weird trick that made Windows 95 restart faster
: Hold down Shift to make the magic happen (or not, as the case might be)
Indian Exporters Hold the Line Against Trump Tariffs
Exporters have resisted huge price cuts even though that’s resulted in fewer shipments.
TCL Electronics Plans Sony-Branded Home Entertainment Joint Venture With Sony
The latest update is out from TCL Electronics Holdings ( ($HK:1070) ). TCL Electronics has signed a non-binding memorandum of understanding with Sony Corporation to...
Detroit Pistons 104-103 Boston Celtics: Eastern Conference leaders win
The Detroit Pistons hold on to beat the Boston Celtics 104-103 in a game between the Eastern Conference's top two teams on Martin Luther King Jr Day.
Bereaved families boycott Knesset panel on political Oct 7 probe, form own committee
Hundreds of relatives, opposition lawmakers hold alternative session in parallel to Knesset Constitution panel on political probe in live split-screen
Has Trump's control over the GOP in Congress waned? It's complicated.
Recent votes have made it clear: While the hold of Trump and GOP leaders on Republican rank-and-file remains strong, it's slipping in notable ways.
Billionaires have more money and political power than ever, Oxfam says
Charity says superrich 4,000 times more likely to hold political power than others and own all social media companies.
Assessing Lucky Strike Entertainment (LUCK) Valuation After Its Recent Rebrand From Bowlero Corp
Lucky Strike Entertainment (LUCK) has drawn attention after a recent rebrand from Bowlero Corp, shifting its identity across a broad portfolio of bowling centers and regional amusement venues throughout North America. See our latest analysis for Lucky Strike Entertainment. The rebrand comes as LUCK trades at US$9.19, with a 7 day share price return of 4.2% and an 8.2% year to date share price return. The 1 year total shareholder return of 5.5% and 3 year total shareholder return of 33.4%...
Costco quietly boosts gas rewards for branded credit card holders to 5% cash back
Costco has quietly rolled out an update to its co-branded credit card, increasing gas rewards for members who fuel up at the company’s warehouse locations.
Billionaires are 4,000 times more likely to hold public office
The richest people on the planet are far more likely to be in power politically than everyone else, Oxfam’s annual inequality report found.
A community-codesigned LLM-powered chatbot for primary care: a randomized controlled trial
Nature Health - A multimedia e-learning chatbot codesigned with community stakeholders increased health awareness in a randomized trial of 2,113 participants in urban and rural areas across 11...
Illinois outlasts Northwestern, matches best start in program history
Illini lean on Wallace, Guyton to hold off Wildcats.
Assessing Woodward (WWD) Valuation As It Exits China Natural Gas Truck Business And Delivers Record 2025 Results
Woodward (WWD) is winding down its on-highway natural gas truck business in China after years of seeking a buyer, aiming to sharpen its Industrial segment focus while maintaining record fiscal 2025 sales and earnings. See our latest analysis for Woodward. The decision to exit the China on highway unit comes after a strong run in the shares, with a 90 day share price return of 32.18% and a 1 year total shareholder return of 77.00%, alongside record fiscal 2025 sales and earnings and recent...
A Look At Six Flags Entertainment (FUN) Valuation After Its $1b Senior Notes Refinancing
Six Flags Entertainment (FUN) has just closed a private offering of US$1b in 8.625% senior notes due 2032, and is using the proceeds to fully redeem its outstanding 2027 senior notes. See our latest analysis for Six Flags Entertainment. The refinancing news has arrived alongside a sharp 17.68% 1 month share price return and a 3.95% 7 day share price gain. However, the 1 year total shareholder return of 62.66% and 3 year total shareholder return of 58.63% indicate that longer term momentum has...
Thomas Frank future: Tottenham board hold talks over head coach with Dane under increasing pressure to keep job
Spurs boss Thomas Frank under increasing pressure to keep his job; Talks are believed to have taken place at board level about whether Frank should continue after Saturdays 2-1 home defeat by West Ham; Spurs hierarchy are believed to be looking at all options at this point
Broncos should have won with a safety against the Bills
Before the Ja'Quan McMillian interception and two DPI fouls, the Bills got away with holding in the end zone, which should have been a safety.
Voices: When religion and sexism collide, women’s health suffers
“Inclusion is more than a title or a sentiment,” writes Susan R. Madsen in an op-ed. “Multiple studies show that ‘inclusive’ does not mean offering warm statements about valuing women while upholding teachings that reinforce benevolent sexism.”
A mental health hospital's 200 years of care in Oxford
The Warneford Hospital is holding a year-long programme of events to mark its bicentenary.
Gap Inc. GAP Valuation Check As New Chief Entertainment Officer Expands Fashiontainment Ambitions
Why Gap’s new entertainment push matters for shareholders Gap (GAP) is reshaping its brand playbook by appointing Pam Kaufman as Chief Entertainment Officer and opening a Los Angeles office, aiming to plug its apparel labels more deeply into entertainment and pop culture. For you as an investor, the key question is how this new Fashiontainment focus, built around content, licensing, and collaborations, fits alongside Gap’s existing value profile and recent share performance, and what it could...
Abigail Spanberger becomes Virginia’s first female governor in historic inauguration
Democrat Abigail Spanberger was sworn into office Saturday as Virginia’s first female governor, amid a cold drizzle outside the state Capitol after centuries of men holding the commonwealth’s top office.
No, Trump can’t cancel the midterms. He’s doing this instead
Worried about losing unified Republican power in Washington and mystified at his lack of support among the public, President Donald Trump keeps talking about not holding the November midterm elections, when Republicans could lose control of the House, Senate or both.
I replaced my compulsive scrolling with these apps — and my attention span actually recovered
This is the story of how I fixed my attention span
Network and share ideas at Richmond Heights’ Business Roundtable event Jan. 22
The city of Richmond Heights is holding a Business Roundtable event Jan. 22 at the Richmond Heights Community Center. The event gives business owners and associates an opportunity to network and share ideas.
NASA’s SpaceX Crew-11 to Discuss Space Station Science Mission
After 167 days in space, the crew members of NASA’s SpaceX Crew-11 mission will hold a news conference at 2:15 p.m. EST, Wednesday, Jan. 21, at the agency’s
Gov. Stein, health leaders host town hall on new rural health program
North Carolina Gov. Josh Stein, alongside state health leaders, will hold a virtual town hall Friday to discuss the new Rural Health Transformation Program.
Trump Presses GOP to Move Health Plan as Premium Hikes Loom
President Donald Trump urged Republican lawmakers to quickly move on a White House healthcare plan, seeking to shift the narrative on an issue that threatens his party’s hold on Congress with millions of Americans facing premium hikes or the risk of lost coverage.
Trump, advisers to hold roundtable on rural health care
Rural communities have feared the impact Medicaid cuts will have on health care.
NCAA adds flag football to Emerging Sports for Women program
Women's flag football has been added to the NCAA Emerging Sports for Women program, effective immediately, creating a pathway toward NCAA championship status as schools work toward the 40-sponsor threshold.
San Antonio, Spurs to purchase $30M in Sports and Entertainment District
In a move to take the Sports and Entertainment District from a vision to a reality, the San Antonio City Council voted unanimously to authorize the city manager to execute a a $30 million private acquisition and escrow agreement between the city, the San Antonio Spurs Holdings, LLC and Chicago Title, who will act as the escrow agent for the federal government Jan. 15.
Resident Evil Showcase January 2026: Everything Announced
Today, Capcom is holding a Resident Evil Showcase event set to feature "brand new gameplay and news" for Resident Evil Requiem, among other things.
Legendary Entertainment Enters Strategic Partnership With Tokyo Broadcasting System
Tokyo Broadcasting System and Legendary Entertainment have entered into a non-exclusive agreement to source and develop Japanese IP. As part of the agreement, TBS has acquired $150 million of equity from the company and existing shareholders of Legendary, representing a small minority ownership stake in Legendary. Following the transaction, the remaining equity continues to be owned by Legendary …
Trump pitches direct payments to consumers for health care. What policy experts say about the plan
President Donald Trump wants to send payments directly to households for health costs. Experts think the plan may raise costs and the number of uninsured.
Ravenscroft School to hold celebration of life service for science teacher
The head of school, Derrick Willard, shared in an email that as the community continues to process the "senseless loss" of Zoe Welsh, the community has been reminded of the bright light she brought to the campus for generations of students.
Dems demand DHS stop deporting visa applicants claiming to be crime victims
A group of Democratic lawmakers is demanding answers from DHS about protections for certain visa holders detained by ICE
A Look At Barrett Business Services (BBSI) Valuation After New HR Document Repository Launch
Barrett Business Services (BBSI) has rolled out a new Employee File Cabinet HRIS module inside its client portal, built with Box technology, centralizing HR documents in a secure, integrated repository for employers and staff. See our latest analysis for Barrett Business Services. This product rollout comes as Barrett Business Services trades at US$39.20, with a 30 day share price return of 8.23% and a year to date share price return of 7.72%. The 1 year total shareholder return decline of...
Ninth Circuit axes work threshold for entertainment industry pension withdrawal exemptions
Las Vegas case changes how you assess withdrawal exposure for multiemployer pension plans
Trump unveils health care plan aimed at lowering costs
President Donald Trump unveiled a multipart proposal on Thursday aimed at lowering prescription drug prices and reducing health insurance premiums, as well as increasing pricing transparency. He also vowed to hold big insurance companies accountable.
Schools Ask NCAA to Withhold Data From College Sports Commission
The latest round of financial data that schools submit to the NCAA has emerged as another flashpoint in the ongoing debate over the CSC’s authority.
Spain's polarised politics stymies government's regional funding plan
A new fiscal model proposed by Spain's finance minister for its regional governments has faced a heavy backlash from regional leaders, who accuse the central government of toying with public finances to win political favours as it struggles to hold its fragile coalition together.
With sextortion and suicides on the rise, Jimmy Patronis seeks to strip Big Tech of Section 230 immunity
The Fort Walton Beach Republican says it's time to empower parents to hold social media companies accountable.