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Pro-Life Komen VP Pushed Defunding

Karen Handel painted move as non-political: insider

(Newser) - Susan G. Komen Foundation leaders have given several reasons for the charity's now-reversed cuts to Planned Parenthood funding —but here's one they didn't mention. Komen's VP for public policy, abortion-rights opponent Karen Handel, fueled the decision, an insider with the group tells the Huffington Post... More »

Komen Changes Reason for Planned Parenthood Cuts

Says it prefers to fund groups offering direct breast health services

(Newser) - As the backlash against it continues to grow, the Susan G. Komen Foundation has changed its explanation for dropping its Planned Parenthood funding. Initially, the group said it had decided not to fund any organization currently under federal investigation . Now, leaders say the cuts have nothing to do a congressional... More »

Senators to Komen: Restore Planned Parenthood Cuts

22 Democrats sign letter to breast cancer charity

(Newser) - The outcry over the Susan G. Komen foundation's decision to cut Planned Parenthood funding has made its way to Capitol Hill. Some 22 Democratic senators—a large number for such an undertaking, notes the Plum Line blog at the Washington Post —have signed a letter calling on Komen... More »

Komen Website Gets Hacked

Meanwhile, founder Nancy Brinker tries to 'set the record straight'

(Newser) - It looks like the Susan G. Komen Foundation isn't quite done taking flak for its decision to cut its funding of Planned Parenthood . Komen.org was hacked in the wee hours of the morning, reports the Atlantic Wire . A section of the homepage that read, "Help us get... More »

O'Donnell to GOP: Hannity's 'in My Back Pocket'

Senate hopeful complains party leaving her in the cold

(Newser) - Feeling sorely underfunded, Christine O’Donnell has warned the GOP she has a secret weapon: She says she’s “got Sean Hannity in my back pocket, and I can go on his show and raise money by attacking you guys,” top Republicans tell Howard Fineman of the Huffington... More »

Funding for Independent Films Dries Up

We need government help, say small-budget movie-makers

(Newser) - With no public funding and credit lines frozen, American independent filmmakers are finding it tough to make a movie these days. “I mean if Osama bin Laden gave me money to film, I’d take it,” Todd Solondz tells Bloomberg . The financial crisis has heavily curbed bank financing,... More »

No Wedding Gifts, Please; Just Fund My Startup

(Newser) - A Silicon Valley couple has forsaken a traditional wedding registry for venture capital, Gawker reports. “The World's First Start-up Wedding Registry” doesn’t ask guests for appliances or candlesticks; instead, they can give enough to “feed an outsourced engineer for a day” or pay a month’s worth... More »

Privatize Abortion Funding to Save Health Care Reform

Independent fund could finance procedures, diffuse criticisms of govt. plan

(Newser) - Abortion threatens to derail the push for health care reform, as opponents use the prospect of subsidized procedures to turn pro-life Americans against the whole plan, writes Meredith Simmons for Slate. Progressives are indignant—abortion is a health procedure, they argue, and should be covered like any other. But excluding... More »

Deal Near on Calif. Budget Gap

(Newser) - The California Legislature and Gov. Arnold Schwarzenegger are just steps away from an agreement that would close the state’s $26.3 billion deficit, the Los Angeles Times reports. Talks are expected to conclude today. “I don’t think there is anything that would make negotiations shut down at... More »

Why Cancer Researchers Are Playing it Safe

Long-shots are risky to fund, so grants go to less ambitious studies

(Newser) - If you're a cancer researcher, it's harder to get money to investigate a potentially field-changing question than to find out whether a food's tastiness affects dieting. The reason is simple but problematic: With limited funding available and lots of research to do, grant-givers don't want to lose money on a... More »

Would-Be Car-Battery Kings Jostle Over $2.4B From Feds

States seek to become lithium-ion capital of US

(Newser) - Some 165 companies and states are battling for a $2.4 billion Obama administration grant aimed at making the US a leader in electric-car batteries, the Wall Street Journal reports. General Motors, Dow Chemical, and General Electric are among the firms vying for the money; states like Michigan, Kentucky, and... More »

Meet Drag Racing's Unlikeliest Sponsor

Sheik's son has colossal budget, love of motor sports

(Newser) - The biggest name in American drag racing is an unfamiliar one: Sheik Khalid bin Hamad Al-Thani. The 22-year-old son of the emir of Qatar has a deep love of fast cars and even deeper pockets—his new team's budget is estimated at $10 million, reports the Wall Street Journal. "... More »

Silverman Show Gets a Reprieve

Comedy Central to share show with GLBT focused network

(Newser) - The nailbiting can end: The fate of the Sarah Silverman Program is settled for another year, after Comedy Central struck a deal to finance the comedy. The producers had refused to work with a slashed budget, and negotiations stalled until an exec thought to ask sister network Logo to share... More »

Brokerages Get Tough on B-List Hedge Funds

With financing cut, look for many to merge or collapse

(Newser) - Brokerage firms are cutting their financing and support to hundreds of hedge funds, reports the Wall Street Journal, delivering a further blow to what was the highest-flying sector of American finance. As they attempt to shore up their own positions, the banks are dividing their hedge fund clients into two... More »

New Economic Saviors: Marc Cuban and You

(Newser) - Marc Cuban has some ideas about how to get the nation out of this financial mess, and they have a lot to do with—no surprise—Marc Cuban. The billionaire owner of the Dallas Mavericks says entrepreneurs can lead the way, so he's soliciting business plans at his blog, the... More »

Obama Lifts Abortion 'Gag Rule'

(Newser) - President Obama today overturned the “gag rule” prohibiting the US from funding groups that provide abortions or abortion counseling overseas, Reuters reports. The policy has been enforced and rescinded depending on the Oval Office occupant since it was instituted under President Reagan. Unlike yesterday's high-profile signing ceremony, today's executive... More »

Lawsuits Allege Minn.'s Coleman Diverted Funds

FBI investigating claims a friend steered cash toward senator

(Newser) - The FBI is looking into a pair of lawsuits that claim a friend of Norm Coleman tried to channel funds to the Minnesota senator, the Pioneer Press of St. Paul reports. A Houston suit says financier Nasser Kazeminy aimed to divert money to Coleman through Coleman's wife’s employer; another... More »

Wall St. Disarray Leaves Mess for Nonprofits

Charitable giving suffers as firms fold, merge, cut back

(Newser) - The victims of the Wall Street tsunami aren't all investment bankers and McMansion brokers. Kids with diabetes, residents of low-income housing, and fans of classical music are among those who could take a hit as nonprofits that depend on philanthropy from financial services firms absorb the fallout, the Boston Globe... More »

Chicago School Boycott Moves Downtown

'Teach-ins' at corporate offices protest unfair funding

(Newser) - Civic leaders held "teach-ins" at downtown Chicago businesses today to protest uneven education funding in Illinois, the Tribune reports. Educators joined students boycotting a second day of school in the lobbies of buildings including the Chicago Mercantile Exchange and Boeing Corp. Most businesses said they would welcome the students... More »

$600M Windfall Aims to Boost Risky Research

Institute launches drive to encourage scientific breakthroughs

(Newser) - American medical research got a big boost today, courtesy of the Howard Hughes Medical Institute. The philanthropic body, one of the world’s largest, committed $600 million to fund the research of 56 scientists that it thinks can change the world. The institute hopes to back high-risk, high-reward research that... More »

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