Philanthropy

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Pittsburgh launches ‘guaranteed income’ program with Jack Dorsey donation

Pittsburgh Mayor Bill Peduto announced that his city is now joining 15 other American cities in a program receiving funding from Twitter CEO Jack Dorsey, in which eligible residents will receive $500 in monthly “guaranteed income.”

The money used to start the program will come from funds Dorsey gave that is allowing Pittsburgh and 15 other cities to help those who are struggling during the economic crisis brought about by the coronavirus pandemic.

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Jeff Bezos commits $10 billion to address climate change

The effort will fund scientists, activists and nongovernmental organizations, he said in a post on Instagram. Mr. Bezos, who has been pushed by Amazon employees on climate issues, said he expected to start issuing grants this summer.