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AMERICANALMANAC (Sadie Smith) - Trump Jr.'s investment firm fires back at Raskin's demand for records, calls probe "political gamesmanship"

Donald Trump Jr.'s venture capital firm, 1789 Capital, rejected Rep. Jamie Raskin's investigation demands in a sharply worded legal letter, calling his allegations unsubstantiated and refusing to hand over confidential business records. Lawyers for the firm sent the letter to Raskin's office this week, dismissing the Maryland Democrat's claims that 1789 Capital made suspiciously well-timed […] The post Trump Jr.'s investment firm fires back at Raskin's demand for records, calls probe "political gamesmanship" appeared first on American Almanac .

Donald Trump Jr.'s venture capital firm, 1789 Capital, rejected Rep. Jamie Raskin's investigation demands in a sharply worded legal letter, calling his allegations unsubstantiated and refusing to hand over confidential business records. Lawyers for the firm sent the letter to Raskin's office this week, dismissing the Maryland Democrat's claims that 1789 Capital made suspiciously well-timed investments in companies that later received federal funding or favorable policy treatment. The response, shared with CBS News , accused Raskin of conflating separate entities, mischaracterizing transactions, and contradicting his own cited sources. The clash marks the latest round in a broader Democratic campaign to scrutinize the Trump family's…Open

NYTIMES (Michael J. de la Merced) - Clay, an A.I. Sales Tool Provider, Raises $115 Million

The round was led by Wellington Management, a firm known for investing in start-ups on the path toward potential initial public offerings.

NYTIMES (Adam Satariano) - French A.I. Start-Up Mistral Raises $3.5 Billion as Part of Strategy Shift

Mistral is trying to keep pace with American and Chinese rivals while offering customers a European alternative for artificial intelligence.

NYTIMES (Erin Griffith) - Which Investors Will Get Rich From Anthropic’s IPO?

When Anthropic goes public in a blockbuster offering, which investors will profit? The answer says a lot about how much start-up investing has changed over the years.

YOUTUBE (MS NOW) - FIRST ON

MS NOW is reporting that "House Democrats are launching a new probe into Donald Trump Jr. and the venture capital firm he joined as a partner shortly after his father won a second term, alleging possible fraud and insider trading." Jacob Soboroff – in for Nicolle Wallace – is joined by Rep. Sydney Kamlager-Dove.

AMERICANALMANAC (Alex Tanzer) - Joey and Jesse Buss buy into the San Diego Padres while fighting their sister over the Lakers

Two of Jerry Buss's sons have purchased a minority stake in the San Diego Padres through their own investment firm, even as their sister Jeanie Buss fights to block the family's remaining share in the Los Angeles Lakers from being sold. Joey and Jesse Buss, the youngest siblings in the Buss family dynasty, reached a […] The post Joey and Jesse Buss buy into the San Diego Padres while fighting their sister over the Lakers appeared first on American Almanac .

Two of Jerry Buss's sons have purchased a minority stake in the San Diego Padres through their own investment firm, even as their sister Jeanie Buss fights to block the family's remaining share in the Los Angeles Lakers from being sold. Joey and Jesse Buss, the youngest siblings in the Buss family dynasty, reached a deal to acquire roughly 5% of the Padres through Buss Sports Capital, the venture they launched in September 2025. The brothers will also sit on the new Padres ownership group's advisory board, joining controlling owners Kwanza Jones and Jose E. Feliciano, who purchased the franchise at an MLB-record $3.9 billion valuation . MLB owners unanimously approved that sale on August 17. The Padres deal marks the brothers' first…Open

NYTIMES (Eli Tan and Kalley Huang) - Meta Projected It Could Spend $10 Billion on Anthropic’s A.I.

The social networking giant projected it could spend $10 billion annually on Anthropic’s tools, illustrating the friend-foe relationships underlying the A.I. race.

NYTIMES (Sarah Kessler) - Harvard’s A.I. Clones Will Hear Your Start-Up Pitch Now

To create a new $699 bootcamp for entrepreneurs, Harvard Business School made A.I. versions of its faculty.

NYTIMES (Sri Muppidi, Lauren Hirsch and Erin Griffith) - Anthropic Could Aim to Raise $100 Billion in Blockbuster I.P.O.

The offering could value the five-year-old A.I. start-up at $2 trillion, its bankers have told potential investors, which would exceed Elon Musk’s SpaceX.

YOUTUBE (Fox Business) - There are NO GUARANTEES in this market, expert says

Practical Venture Capital general partner Aman Verjee talks about his company's positions and his past work on 'The Claman Countdown.' #foxbusiness #fox #media #breakingnews #us #usa #new #news #breaking #theclamancountdown #market #markets #investing #investment #venturecapital #capital #business #finance #economy #stocks #portfolio #investors #risk #money #companies #startup #startups