Latest news with #FelixMartin


Bloomberg
30-05-2025
- Business
- Bloomberg
Forget Everything You Know About Money
By and Merryn Somerset Webb Save Subscribe to Merryn Talks Money on Apple Podcasts Economist Felix Martin joins host Merryn Somerset Webb for this week's episode of Merryn Talks Money to discuss the common understanding of, well, money. Specifically, why the typical conception of what constitutes it may be inaccurate.

Yahoo
24-05-2025
- General
- Yahoo
Muhlenberg County to receive $1M in grants from Felix Martin Foundation
The Felix E. Martin Jr. Foundation announced more than $1 million in grants to Muhlenberg County groups and nonprofit organizations, including a $400,000 grant to help middle school and high school students prepare for college and careers. The foundation was created in 2008 by Felix E. Martin Jr., a Greenville native and World War II and Korea veteran who worked as an engineer and public relations supervisor for Southern Bell Telephone Co. After inheriting about $270,000 from his father, Martin went into investing and amassed an estate worth more than $60 million at the time of his death in 2007. According to the foundation's website, Martin left $50 million of his estate to create the organization, which focuses solely on 'the education, civic and cultural needs of the residents of Muhlenberg County, Kentucky.' The $400,000 to Muhlenberg County Public Schools will go toward a number of programs. A press release from the Martin Foundation Friday said the funds will provide continued support to the 'Muhlenberg Achieves' program and the 'Ignite' program. 'Muhlenberg Achieves' aims at helping students prepare for college and post-secondary certifications. The 'Ignite' program is for middle school students, providing 'mentorship, career exploration and life skills lessons.' The foundation's education grant will also be used to help adult learnings seeking to complete their high school education through the 'GED Learn & Earn' program. The grant also provides funds to the Muhlenber Civic Leadership Institute, a leadership program. Carla Embry, community relations specialist for Muhlenberg County Public Schools, said the foundation plays a large role in the county. 'There are lot of things the foundation is doing in our county,' Embry said. 'We are very fortunate.' The foundation also provided a $200,000 grant which will support initiative like the Chamber Youth Leadership Program, the Muhlenberg County Humane Society's 'spay and neuter days,' cleanup in Central City and Drakesboro and the county health department's 'Longest Day of Play' in June. The grant will also be used for ballfield improvements at county parks, walking trail improvements and for expungement assistance program through Muhlenberg Economic Growth Alliance. Finally, the foundation is providing $325,000 in community grants for local nonprofit groups. The foundation is taking applications for the new grant cycle, with the deadline to apply July 14. Organizations can apply for the grant through the foundation's website, According to a press release, the foundation has given out more than $43 million in grants since 2008. The organization's priorities are 'economic development, quality education and training, community development and quality of place, community engagement and collaboration, health and human services,' a press release says. Officials from the foundation could not be reached for comment Friday afternoon.


Reuters
04-03-2025
- Business
- Reuters
How to sort winners from losers in AI's civil war: podcast
LONDON, March 4 (Reuters Breakingviews) - Follow on Apple, opens new tab or Spotify, opens new tab. Listen on the Reuters app, opens new tab. Read the episode transcript. Listen to the podcast, opens new tab. Some advocates believe artificial intelligence is poised to surpass human capabilities. Others see it more as a powerful problem-solving tool. In this episode of The Big View podcast, Felix Martin explores the implications of the diverging views for investors and economists. FURTHER READING/LISTENING AI's civil war will force investors to pick sides Why AI may fail to unlock the productivity puzzle The economics of AI points to value of good data A financial historian's warning about the AI boom: podcast Visit the Thomson Reuters Privacy Statement, opens new tab for information on our privacy and data protection practices. You may also visit opens new tab to opt-out of targeted advertising. For more insights like these, click here, opens new tab to try Breakingviews for free. Breakingviews Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides expert analysis in real time. Sign up for a free trial of our full service at and follow us on Twitter @Breakingviews and at All opinions expressed are those of the authors.