Tony Kinnett, an Indianapolis-based educator who went viral on social media for exposing how critical race theory (CRT) is being implemented at his school district, says he has now been placed on leave and denied access to school email and buildings. In a Twitter thread, the award-winning science coach revealed that he has been locked…
Indiana Educator Who Blows Whistle on CRT Teaching Now Banned From School Buildings
Equity Funds 2021 Inflows Hit $1 Trillion: BofA
LONDON—Investors ploughed $13.2 billion into equity funds in the week to Wednesday, though fixed income inflows slowed and precious metals funds lost money as markets grappled with the prospect of rising yields and inflation, BofA said on Friday. Flows to stocks funds over the past week had helped lift total inflows into equities to $1.0…
Private Equity Industry Asks How Long the Boom Will Last
BERLIN—Private equity dealmakers are descending on Berlin for their annual get-together, with their industry thriving and many of them wondering how long the good times will last. Armed with billions of dollars, buyout firms have already taken advantage of what has been a record year for mergers and acquisitions (M&A), selling some of their assets…
Senator Rubio Urges His Party to Enact Laws That Challenge Big Corporations’ ‘Wokeness’
During a speech at the National Conservatism Conference, Monday, Sen. Marco Rubio (R-Fla.) said Republicans need to support U.S. corporations that are patriotic not “woke” and which advance an America-centric agenda. Heads of many large corporations “feel no obligation to America or its national interest,” said Rubio. “I’m not here to tell you big business…
Sen. Rubio Urges Republicans to Challenge Big Corporations’ ‘Wokeness’
Sen. Marco Rubio (R-Fla.) says Republicans need to support U.S. corporations that are patriotic, not “woke,” and advance an America-centric agenda. Heads of many large corporations “feel no obligation to America or its national interest,” Rubio said during a Nov. 1 speech at the National Conservatism Conference in Orlando, Florida. “I’m not here to tell you…
Pennsylvania’s Consolidated University’s New Name Revealed, Plus Plans to Curb Declining Enrollment
A new university name, a bigger budget request, and a strategy to curb badly declining university enrollment were all approved during a marathon, two-day meeting that concluded Thursday for the Pennsylvania State System of Higher Education (PASSHE) board of governors. The meeting was held at Millersville University, one of 14 universities that make up the…
Equity, Bond Funds See Inflows as Markets Hit Rough Patch: BOFA
LONDON—Global equity and bond funds saw modest inflows at the expense of cash and gold funds even as global markets hit a rough patch this week dominated by concerns about the U.S. debt ceiling and energy shortages in Europe and China, a weekly round-up by BofA showed on Friday. On a weekly basis, investors ploughed…
SoftBank Backs Steven Mnuchin’s $2.5 Billion Private Equity Fund
SoftBank Group will invest in a $2.5 billion private equity fund set up by former U.S. Treasury Secretary Steven Mnuchin, the Japanese conglomerate said on Wednesday without disclosing the size of the investment. The fund, Liberty Strategic Capital, will be backed by SoftBank’s $40 billion second Vision Fund and Abu Dhabi-based sovereign wealth fund Mubadala,…
US Equity Funds Face Outflows on Growth Concerns: Lipper
U.S. equity funds faced an outflow in the week to Sept. 8, on concerns the spread of the Delta coronavirus variant could slow economic growth and uncertainty over the timeline for the Federal Reserve to pull back its accommodative policies. Data from Lipper showed U.S. equity funds faced an outflow of $1.85 billion in the…
Orange County Equity Map Designed to Further ‘Social Progress’
Officials say that Orange County’s new online data platform, the OC Equity Map, has been a useful tool in highlighting social and health disparities amidst the COVID-19 pandemic in recent months, but it could soon be used for more. In addition to utilizing the map for COVID-19-related planning and the implementation of strategies, officials will be able…
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