Venture capital, roller coasters and crypto – The Campus

1 week ago


Peter Grum, a founding board member of 43North — a venture capital company — has been named Chair, according to The Buffalo News on April 4.
“I can’t believe this is happening,” Grum said. “I really liked being named Peter.”

 

The Trump administration is planning a June 14 military parade through the streets of Washington, D.C., to mark the president’s 79th birthday, according to The Hill on April 7.
Now I understand why he was laying off federal employees all willy-nilly. He had to make sure there was room in the budget for his own parade.

 

Extreme volatility sent U.S. stocks on a roller coaster ride as Wall Street was rattled by tariffs imposed by the Trump administration, according to CNN on April 7.
“This is no standard roller coaster,” said an anonymous Wall Street trader. “This is one of those deathcoasters people build in RollerCoaster Tycoon.”

 

Markets took a stunning swing Monday morning after a verified account on the social platform X erroneously claimed that President Donald Trump was weighing a 90-day pause on his sweeping tariffs.
The unsubstantiated report added trillions of dollars to the S&P 500 within minutes of the headline. Those gains were quickly wiped out after the White House denied the substance of the post, according to Politico on April 7.
If only there was some way to control which users on X have blue verification badges and simply anyone was not allowed to buy one.

 

President Donald Trump on Monday said the U.S. will apply a 125% tariff on imports from China, according to CBS News on April 7.
To anyone wondering if it could get worse, yes it can.

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Indian police have arrested a 24-year-old American YouTuber who visited the off-limits island of North Sentinel Island in the Indian ocean and left an offering of a Diet Coke can and a coconut in an attempt to make contact with an isolated tribe known for attacking intruders, according to The Hill on April 7.
“We don’t take kindly to visitors,” said a member of the isolated tribe. “Especially those who can’t be bothered to bring us regular Coke.”

 

The U.S. justice department is disbanding a unit that was dedicated to investigating cryptocurrency-related fraud as Donald Trump’s presidential administration loosens oversight in the digital assets sector, according to The Guardian on April 8.
Surely this isn’t in response to Trump’s sons becoming more directly involved in cryptocurrency mining.

 

Former Sen. Joe Manchin has a memoir coming out in September, according to ABC News on April 8.
St. Martin’s Press announced Tuesday that Manchin’s “Dead Center: In Defense of Common Sense” will be released Sept. 16.
“It’s a simple book really,” Manchin said. “I just want to show people you don’t have to be on the right or wrong side of history, you can sit on a fence in the center and watch it fly by you also.”

 

President Donald Trump is expected to sign executive orders Tuesday aimed at boosting coal, a reliable but polluting energy source that’s long been in decline, according to The Pittsburgh Tribune-Review.
“We can finally return to the golden years of coal production,” Trump said. “Who doesn’t miss smog, acid rain and massive slag dumps painting the American countryside? Make America Grimy Again!”

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“Buy Canadian” isn’t just about patriotism — the movement borne of U.S. President Donald Trump’s tariffs could have a powerful effect on the local economy, according to a BMO analysis.
The consumer-led initiative could add roughly $10 billion to the Canadian economy annually, estimates BMO economist Robert Kavcic. That translates into a 0.3 percentage-point bump to economic growth, according to The Toronto Star on April 8.
“I’m almost glad our neighbors to the south voted for this guy,” said a Canadian economist. “A $10 billion bump is great, especially considering how the U.S. is currently doing.”

DISCLAIMER: All quotes are fictitious unless noted otherwise.

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