Boston marathon raised $50M+ for charity in 2025, setting record
The total combines funds raised through 176 non-profit organizations in the Bank of America Boston Marathon Official Charity Program, as well as donations and fundraising from those who participated in the race. Since the official charity program launched in 1989, more than $600 million has been raised.
The charity program makes up about 10% of the field in the marathon, with organizations recruiting athletes to raise money for their cause. Organizations participating in the charity program include the Boys and Girls Club of Boston, St. Jude Children's Research Hospital and World Central Kitchen. A full list is published on the association's website.
'Every year, participants and community members raise the bar and elevate the fundraising impact for meaningful causes throughout the community,' said Nicole Juri, director of development for the BAA. 'Their uplifting effect extends well beyond the 26.2-mile racecourse of the Boston Marathon. Athletes take pride in adding meaning to every step of their marathon journey, and together set new records in 2025.'
In an effort to boost the fundraising, the association held a giving day on March 20, offering incentives for donations throughout the day. Nearly $2 million — $1.87 million — was raised that day.
The 2025 total shows the 'power of the Boston Marathon,' said Bank of America Marketing, Digital and Specialized Consumer Client Solutions President David Tyrie. 'Anything is possible when athletes from around the world, volunteers, local businesses, supporters and many more unite in the spirit of determination, selflessness and giving.'
Weather 'definitely a factor' in death of New York hikers in Maine park
Capitol Hill Republicans shoot down Mass. lawmaker's effort to subpoena Elon Musk
R&B icon says brother made 'mockery' of his estranged son's cancer death
Belmont man wanted in connection with road rage hatchet assault surrenders
Harvard Medical School renames DEI office as university fights against Trump admin in court
Read the original article on MassLive.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
6 minutes ago
- Yahoo
Bank of America Securities Reiterated a Buy Rating on NVIDIA (NVDA)
NVIDIA Corporation (NASDAQ:NVDA) is one of the Good Stocks to Invest in Now. On August 4, Vivek Arya from Bank of America Securities reiterated a Buy rating on NVIDIA Corporation (NASDAQ:NVDA) with a price target of $220. The reiterated bullish sentiment comes as the company announced the date for its fiscal second-quarter results for 2026. The company is set to announce its results on August 27. During the fiscal first quarter of 2026, NVIDIA Corporation (NASDAQ:NVDA) delivered $44.1 billion in revenue, up 69% year-over-year. The Data Center revenue alone contributed $39.1 billion, up 73% during the same time. A close-up of a colorful high-end graphics card being plugged in to a gaming computer. Looking ahead, management is expecting the second quarter revenue to be around $45 billion. The conservative outlook reflects a loss in H20 revenue of approximately $8.0 billion due to the recent export control limitations. NVIDIA Corporation (NASDAQ:NVDA) is a leading technology company specializing in graphics processing units and accelerated computing platforms. While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Politico
9 minutes ago
- Politico
Gubernatorial candidates spar over PJM
Presented by Good morning and welcome to the weekly Monday edition of the New York & New Jersey Energy newsletter. We'll take a look at the week ahead and look back on what you may have missed last week. A HAMSTRUNG BPU — POLITICO's Ry Rivard: The New Jersey Board of Public Utilities is scheduled to hold its first meeting Wednesday since the abrupt departure of Republican member Marian Abdou, who said last month she was leaving to tend to her family. Now, the three-member board — which is designed to have five members — will have two Democrats and one Republican. And, to do anything, all of its votes must be unanimous. The board is operating under these conditions: Three affirmative votes, constituting a majority of the authorized membership of the board, is required for the board to act on any matter that comes before it. A quorum of two of the three is required to meet, but just two members can't act. The board's composition isn't exactly conducive to moving a progressive energy agenda. Though Democratic Gov. Phil Murphy did nominate every member of the current board, one of them is a Republican and one of the two Democrats is Zenon Christodoulou, who in April balked at approving solar energy subsidies and criticized the way the BPU operates. IN THE SPOTLIGHT — New Jersey gubernatorial candidates Jack Ciattarelli and Mikie Sherrill are sparring on social media over, of all things, regional grid operator PJM. 'Your energy prices aren't going up because of some regional nonprofit organization you've likely never heard of,' Ciattarelli said. 'It's a bunch of BS.' The Republican pinned blame on the Murphy administration for being 'obsessed' with offshore wind, an industry that was supposed to be a major source of in-state power but was obviously not ready for prime time. Democrats, including Sherrill, have tried to villainize PJM because the auction it holds to secure power supplies has increased utility bills across New Jersey by some $25 per month. Ciattarelli's video prompted a reply from Sherrill who pointed out that Republican governors from Tennessee and Virginia have also called out PJM for threatening affordability across the 13-state region, which includes some of the reddest states in the country, like West Virginia. She blamed Republicans for nixing policies that would have helped develop clean energy and said bringing down energy prices would be a top priority. 'But you can't do that if you're completely unwilling to stand up to the people raising New Jerseyans' energy costs,' she posted on X. — Ry Rivard PJM, PART 2 — Governors have agreed on two names to fill vacancies on the board of PJM. An energy official familiar with the agreement told POLITICO that they have settled on a pair of former Federal Energy Regulatory Commission members: Allison Clements and Mark Christie. Clements, a lawyer based in D.C., served on the FERC board during the Biden administration, and Christie was named in January by President Donald Trump to be commission chair. If approved by PJM, Clements and Christie would fill the nine-member voting board while also giving states more representation as they push for reforms amid rising energy costs for customers. 'We think these two candidates are going to meet the moment,' the energy official said. Last month, a bipartisan group of nine state governors sent a letter to PJM calling for fundamental changes and to appoint new leadership. — Dustin Racioppi HAPPY MONDAY MORNING: Let us know if you have tips, story ideas or life advice. We're always here at mfrench@ and rrivard@ And if you like this letter, please tell a friend and/or loved one to sign up. Want to receive this newsletter every weekday? Subscribe to POLITICO Pro. You'll also receive daily policy news and other intelligence you need to act on the day's biggest stories. Here's what we're watching this week: WEDNESDAY — The New Jersey Board of Public Utilities is scheduled to meet. THURSDAY — The New York Public Service Commission meets, 10:30 a.m. Upstate National Grid and Central Hudson rate cases are on the preliminary agenda. SATURDAY — The deadline for public comments on New York state permits for the Northeast Supply Enhancement project, a Trump-backed pipeline to bring more gas into New York City. Around New York — Rise in Legionnaires' disease likely driven by environmental, human factors, the Gothamist finds. — Astoria business group seeks to block bike lane. — Solar leasing company advises Long Island residents to opt out of LIPA's new rate. — Local economic development agency backs NYPA, Alcoa deal. — Con Ed pilots small home battery program to reduce strain on grid and keep ACs humming. — New York has more wildlife rehabilitators, but demand hasn't let up. Around New Jersey — Billions in taxpayer funds have been spent trying to stabilize Jersey Shore beaches. What you may have missed SOLAR TERMINATED — POLITICO's Alex Guillén: EPA Administrator Lee Zeldin on Thursday announced he will terminate the agency's $7 billion Solar for All program, calling it a 'green slush fund' that has been repealed by Congress. — New York expected to receive nearly $250 million from the Solar for All federal program — the largest for a single state. Some of the money was earmarked for New York City to support a program for 5,000 households to get solar, along with solar for affordable housing. The anticipated federal money was one justification cited by the Public Service Commission in April when it reduced the ratepayer-funded budget for solar subsidies by about $150 million. The state is on track to hit a 10 gigawatt distributed solar target before 2030. New Jersey was also awarded $156 million, which officials said would support 175 megawatts of solar for 22,000 households. WIND WOES — POLITICO's Kelsey Tamborrino: The Trump administration is escalating its onslaught of actions against U.S. offshore wind development — this time launching a full-scale review of its regulations to see if they mesh with President Donald Trump's priorities and existing law. CLIMATE SCIENTIST FOR CONGRESS — POLITICO's Matt Friedman: A climate scientist who until recently worked for the U.S. Department of Agriculture announced her candidacy for Congress in the 7th District on Thursday, joining an extremely crowded field of Democrats hoping to take on Republican Rep. Tom Kean next year. SOIL SCRAMBLE — Commercial real estate developers in New Jersey are scrambling to comply with new soil remediation and redevelopment standards the Department of Environmental Protection released. The new standards, meant to align with previously published groundwater quality standards, took effect immediately, with some exceptions. They are meant to protect water supplies by requiring soil to have fewer chemicals that leach into water. The chemicals include benzene, cyanide and vinyl chloride. Emily Lamond, a lawyer at Cole Schotz who represents brownfield developers, said DEP was making 'drastic, substantive' changes to the soil standard that skirted the administrative procedures process, will drive up costs and could disrupt active deals. Without redevelopment, sites could otherwise remain vacant and contaminated. 'DEP is pulling the rug out from underneath developers and frustrating the well-established process in the commercial real estate industry that gets money to clean up contaminated properties that would otherwise be abandoned,' Lamond said. DEP pointed to the language in its notice that said the soil standards are incorporated by reference in the ground water rule. 'Accordingly, the Remediation Standards announced in the listserv were not subject to the formal [Administrative Procedures Act] process in accordance with the Remediation Standards,' the department said. — Ry Rivard CAP AND INVEST COST CONCERNS: Gov. Kathy Hochul acknowledged the reason she delayed a cap-and-trade program she once championed was about cost. 'Cap and invest has been a tool. But I also cannot ignore the fact that the disruptions in our economy that have occurred since the laws went into place, but also even since we even supported this, that need to be examined in terms of what has happened to people's pocketbooks,' Hochul told reporters on Wednesday. 'I believe that is the right way to go, but I also have to moderate and make sure that I'm not doing something that's going to drive up cost for consumers right now, and the data shows at this time it would.' In January, she said she wanted to 'get it right' and the state needed additional information from polluters — without bringing up affordability at all. Environmental groups are suing over the delay as New York is not on track to meet its climate goals. Although state officials finished drafting the entire package of rules before Hochul punted, her administration has yet to give any updated timeline for full implementation or even when anything will be released except the reporting regulations. The state hasn't released any public modeling of the potential costs of a cap-and-invest program since January 2024, which showed cost increases for those with fossil fuel heating and gas cars. Studies backed by environmental groups indicated higher carbon prices would reap more benefits for low-income households. New York's draft energy plan indicates Hochul's officials don't expect to meet the state's emissions reduction requirements on schedule, instead outlining what they've described as a more achievable approach. The elimination of federal support for electric vehicles, heat pumps and renewables is expected to make achieving progress on New York's emissions reduction goals more challenging and costly. — Marie J. French — More from Dan Clark in his Capitol Confidential newsletter. NUCLEAR SUBSIDIES STRETCH ON — POLITICO's Marie J. French: Gov. Kathy Hochul's administration wants to keep New York's aging upstate nuclear plants online for decades to come. The Department of Public Service proposed extending the current subsidy program for Constellation's four nuclear reactors from the current end date of 2029 through 2049. The payments would come from ratepayers and could cost more than $30 billion, according to one estimate from a group opposed to the program. The state estimates it would cost about half that amount. 'We really need to ask ourselves, as a state, whether this is a good use of our money and if the opportunity costs are worth it,' said Jessica Azulay, executive director of the Alliance for a Green Economy. Why it matters: Supporters of keeping the nuclear plants online say it's a good deal for emissions-free power to meet growing energy demand. New York's 2019 climate law requires a zero-emissions grid by 2040, although the state doesn't have a definitive plan to meet that goal. HOW TO COUNT A SETTLEMENT — Reporters, investors and the public were presented with competing numbers for the size of an inarguably massive PFAS-related settlement New Jersey reached with DuPont and its related companies. State officials said the settlement was 'valued at over $2 billion' and was 'the largest environmental settlement ever achieved by a single state.' By contrast, the DuPont companies (Chemours Company, DuPont de Nemours, Inc. and Corteva, Inc.) said 'settlement payments will total $875 million.' Both sides were obviously counting differently. They were also talking to a different audience: the company needs to keep investors happy, the state wants to assure people it's dealing with widespread contamination from 'forever chemicals' that pose a threat to public health. The two sides' public statements partly align: They both talked about the $875 million to resolve PFAS claims across the state. They also both described a $475 million fund the DuPont companies created (a 'backstop,' in the state's parlance; a 'reserve fund' in the companies' telling) to be extra sure there is money around to clean up four current and former DuPont sites in the state. But the biggest ticket item in the state's telling is the creation of the main fund to clean up those four sites, 'a remediation funding source of up to $1.2 billion.' In a press release by DuPont, no such figure was given. DuPont companies instead talked about the settlement's establishment of 'a process for determining the amount of the Remediation Funding Source ('RFS') at the four current and former operating sites and the initial range for each, as well as other mechanisms to secure future remediation at the sites.' The money and the process where the statements didn't align relates to the companies' commitment to fund cleanup at four specific current or former DuPont sites. Two of them — Chambers Works in Salem County and Parlin in Middlesex County — are PFAS-related sites. Two are not: Pompton Lakes in Passaic County and a site in Gloucester County known as Repauno. In the 108-page proposed settlement, the two sides create an elaborate process to determine how much those sites will cost to clean up and provide assurances to the state that the companies are good for the money. The initial high end of that range is about $1.2 billion, while the low end is about $232 million. To the state, the point is to make clear there's enough money around for the cleanup. Part of the reason for that caution is the very existence of Chemours, a company that the state and others allege was created by DuPont in an attempt to avoid liabilities. Like all settlements, there's something for everyone in these figures and in the telling. For the state, an eye-popping upper end recovery is a trophy for the state after years of litigation by Gov. Phil Murphy's administration, particularly Attorney General Matthew Platkin and Department of Environmental Protection Commissioner Shawn LaTourette. The biggest slice of the $875 million is $525 million that can be spent across the state to support water quality infrastructure. Of the rest, $225 million will be spent in the region around the four industrial sites and $125 million is for things like attorneys' fees and for punitive damages and penalties. The value the state officials could announce is big — bigger than any other environmental deal of its kind. (Of course, there is a caveat: Louisiana received more than $8 billion after the Deepwater Horizon explosion. But that was the result of various legal settlements and fines, including litigation involving the federal government and other states. New Jersey's deal with the DuPont companies comes from multiple lawsuits and administrative actions and resolves even future claims, but all of them state's own.) For the companies, there is now certainty about their liability in New Jersey, which has been suing DuPont and its related companies for years over pollution in the state. In a Tuesday earnings call, executives from DuPont de Nemours told investors and analysts that their share of the $875 million isn't material to the company since it can be paid over the next quarter century. The executives also focused on the amount of the settlement specifically related to PFAS-laden firefighting foam — $4.125 million. The company still faces a volume of litigation from the foam, which was used at airports and other non-DuPont sites across the country. Being able to talk about the foam-related costs as being only a few percent of the overall settlement with New Jersey was a win for the company. — Ry Rivard RA, PJM, PSEG — PSEG CEO Ralph LaRossa said the company is advocating for 'some decisions to be made by the state' about how the state supplies itself with power. He wants to drive that decision by talking with the Murphy administration and 'having conversations with the potential gubernatorial candidates.' 'Within the confines of PJM, it's hard to see the path to new generation through existing market signals, which may require the consideration of a new approach to procuring capacity and resource planning,' LaRossa said during a Tuesday earnings call. Elsewhere in the state, the Board of Public Utilities was holding a day-long resource adequacy technical conference on some of those same issues, including one where PSEG senior vice president Joseph Accardo Jr. was making some of the LaRossa's same points. The company wants to know the forecast, reliability, affordability and environmental targets the state wants. During the earnings call, LaRossa flagged the bill that would allow regulated utilities to compete for in-state generation projects. But the idea of giving regulated utilities back the same authority they once had to build power plants got a chilly reception from some of the panelists at the BPU event. Glen Thomas, the head of the PJM Power Providers Group, which advocates for competitive power players, called vertically integrated utilities clunky, inefficient and costly. Former BPU general counsel Abraham Silverman, now a researcher at Johns Hopkins University, talked up the advantages of competitive bidding for generation projects and warned of rushing into 'self-build' projects. LaRossa also publicly repeated that the company expects rates to be 'near flat' following the PJM capacity auction last month. That's because while the price for having power plants on standby jumped, the power to produce the power has fallen. — Ry Rivard
CNBC
9 minutes ago
- CNBC
Professional investors are the most bullish since February and are back in on Magnificent 7
Professional investors are gaining confidence in the stock market's bull run, with sentiment reaching a six-month high, according to the latest Bank of America Global Fund Manager Survey. The Wall Street firm's closely-watched sentiment gauge, which is based on fund managers' cash levels, equity allocation, global growth expectations and is measured on a scale of 0-10, rose to 4.5 this month, the highest level since February, from 4.3 in July. BofA chief investment strategist Michael Hartnett, who compiled the report, said that while the bullish trend is visible, it's "not a clear and obvious inflection point" in the survey. Supporting the money managers' increasingly bullish stance is the belief that the U.S. is most likely going to avoid a recession. The probability of a hard landing dropped to just 5%, the lowest level since January, the Bank of America survey showed. .SPX YTD mountain S & P 500 in 2025. Fund managers also fell back in love with the "Magnificent 7" tech stocks, with 45% of them long these names. The majority (52%) of pro investors don't see a bubble in artificial intelligence, the survey showed. The S & P 500 has rebounded more than 30% from its April lows, rallying back to record highs and pushing its 2025 gains to 8.6%. Investors have cheered second-quarter corporate profits that grew even in the face of higher tariffs, and have shrugged off recent, weak economic data, especially the labor market . While pro investors have become more bullish, a record net 91% of them still say U.S. equities are overvalued, Bank of America said. "Equity allocations on rise but not at extreme levels," Hartnett concluded of the professional sentiment.
