Page 23 - Mark Gallogly News Today : Breaking News, Live Updates & Top Stories | Vimarsana

With a generous gift from the Three Cairns Group, the Yale School of the Environment will establish a transformative program aimed at supporting the next generation of environmental leaders in the Global South, where millions of people are particularly impacted by the effects of climate change caused by the world’s biggest greenhouse gas emitters. This contribution is the largest gift ever to focus entirely on the Yale School of the Environment.

The new head of the Development Finance Corporation spent two decades at a Boston hedge fund that controlled nearly $1 billion in Puerto Rican debt.

Although 2021 was marked by a strong economic recovery, the momentum around the reopening was hit by supply chain constraints and rising inflation.

A California Newsroom analysis of federal filings found that 20 Wall Street hedge funds collectively dumped 250 million PG&E shares, and grossed at least $2 billion, after the utility emerged from bankruptcy protection last year. People whose homes were destroyed by PG&E-caused wildfires haven't fared nearly as well.

PG&E is mired in debt. Rates are skyrocketing. Tens of thousands of survivors of fires sparked by the utility's equipment are waiting for promised compensation. Amid all this, there's one group that's simply walking away: Wall Street hedge funds.