For the second year in a row, former New York City mayor Michael Bloomberg gave the most to charitable causes, according to the Chronicle of Philanthropy’s exclusive Philanthropy 50 list of the Americans who donated the largest sums to nonprofits last year.

Former President Donald Trump’s campaign is using GoFundMe to rally its donor network around the survivors of his July assassination attempt and Hurricane Helene’s destruction.

Foundations and major donors are mobilizing to respond to court cases like the Supreme Court’s June decision ending affirmative action at universities.

Business Insider says it is satisfied with the fairness and accuracy of stories that made plagiarism accusations against the wife of a hedge fund billionaire who was active in the ousting of Harvard President Claudine Gay.

The university presidents called before last week’s congressional hearing on antisemitism had more in common than strife on their campuses: The leaders of the University of Pennsylvania, Harvard and MIT were all women who were relatively new in their positions.

A special-purpose acquisition company run by billionaire Bill Ackman’s Pershing Square is stepping away from a deal to buy a 10% stake in Universal Music Group, citing questions from the Securities and Exchange Commission.

In the two years since the office-sharing company’s failed IPO, a new way to launch a stock on Wall Street has become fashionable: SPACs. Special purpose acquisition companies have been embraced by big institutions and small-pocketed investors alike. The goal is to use those millions of dollars to take a private company public without using the traditional initial public offering process that’s been around for decades. Management has a financial incentive to find an acquisition target — most often management receives a 20% stake in the newly public company. An exchange-traded fund consisting of SPACs and companies taken public through SPAC acquisitions, the Defiance Next Gen SPAC fund, jumped 55% between early November and mid-February.