The Chronicle of Philanthropy’s annual list of the biggest charitable donations from individuals or their foundations totaled more than $3.5 billion in 2023. The couple gave $500 million through their Simons Foundation to the State University of New York at Stony Brook to support the university’s endowment and to boost scholarships, professorships, research, and clinical care. The center will support …
After spending the Trump administration cutting taxes for the wealthy and massively raising military spending, congressional Republicans are back to caterwauling about deficits. The Washington Post reports: In recent days, a group of GOP lawmakers has called for the creation of special panels that might recommend changes to Social Security and Medicare, which face genuine solvency issues that could result …
Mumbai: Information technology major Infosys on Wednesday reported a 23% jump in its net profit to Rs 5195 crore on the back of large deal wins. "We remain confident of delivering on the margin guidance, underpinned by our comprehensive cost optimization program, despite increasing cost headwinds arising largely from compensation review, talent acquisition and retention", said Nilanjan Roy, Chief Financial …