LEGAL-NEWS-NETWORK.COM: Latest News of The Day 20:26, 08/01/2019

Jeff Bezos Cashes in $1.8 Billion of Amazon Stock, Will Keep $1.4 Billion After Taxes

Jeff Bezos, the founder of Amazon and the world’s richest person, has cashed in $1.8 billion worth of Amazon shares, according to filings with the Securities an...

Jeff Bezos Cashes in $1.8 Billion of Amazon Stock, Will Keep $1.4 Billion After Taxes

Source: gizmodo.com

Jeff Bezos just sold $1.8 billion worth of Amazon stock Jeff Bezos has sold more than $1.8 billion worth of stock, as the world's richest person continues to sell his Amazon stake to fund his space venture....
11:13, 08/02/2019

Jeff Bezos sells Amazon stock worth $2.8 billion last week Amazon.com Inc Chief Executive Officer Jeff Bezos offloaded $990 million worth of shares in the company last Thursday and Friday, taking the total value of shares sold last week to $2.8 billion....
07:26, 08/06/2019

Amazon CEO Jeff Bezos' Divorce Final With $38 Billion Settlement: Report Amazon.com Inc founder Jeff Bezos' divorce from his wife of 25 years, MacKenzie Bezos, was finalised by a Seattle-area judge on Friday, paving the way for her to receive $38.3 billion worth of Amazon......
05:13, 07/06/2019

Ex-wife of Amazon boss Jeff Bezos pledges half of her £27.5 billion fortune to charity The ex-wife of Amazon founder Jeff Bezos has promised to donate at least half her fortune to charity, just months after finalising her divorce from the world's richest man....
17:52, 05/28/2019

Jeff Bezos’ ex-wife MacKenzie says she will donate half her roughly $37 billion to charity FILE – In this March 4, 2018 file photo, Jeff Bezos and wife MacKenzie Bezos arrive at the Vanity Fair Oscar Party in Beverly Hills, Calif. Jeff Bezos and MacKenzie, announced Thursday, April 4, 2019, in a series of tweets that they have finali...
03:00, 05/29/2019

Amazon founder Jeff Bezos and author MacKenzie Bezos divorce finalized by judge Amazon founder Jeff Bezos’ divorce from author MacKenzie Bezos has been finalized by a judge, leaving MacKenzie with a settlement worth $38 billion.       ...
16:53, 07/06/2019

Amazon founder Bezos' divorce finalized with $38 billion settlement: report A US judge has ruled that Amazon founder Jeff Bezos' wife MacKenzie will get a 4% stake in the tech giant. Concerns were mounting that the king of online retail may lose some of his power as a major shareholder....
13:13, 07/06/2019

Amazon founder Bezos' divorce final with $38 billion settlement: report Amazon.com Inc founder Jeff Bezos' divorce from his wife of 25 years, MacKenzie Bezos, was finalized by a Seattle-area judge on Friday, paving the way for her to receive $38.3 billion worth of Amazon stock, Bloomberg reported....
04:26, 07/06/2019

Amazon founder Bezos' divorce final with $38 billion settlement - report Amazon.com Inc founder Jeff Bezos' divorce from his wife of 25 years, MacKenzie Bezos, was finalized by a Seattle-area judge on Friday, paving the way for her to receive $38.3 billion worth of Amazon stock, Bloomberg reported https://bloom.bg/2NBemcm...
04:13, 07/06/2019

MacKenzie Bezos Owns $36 Billion in Amazon Shares. Now She Is Vowing to Give Away Much of Her Wealth. After her divorce from the Amazon founder and chief executive Jeff Bezos was announced earlier this year, Ms. Bezos has pledged away more than half of her wealth in committing to the Giving Pledge....
04:39, 05/29/2019

Chewy stock IPO raises more than $1 billion. Values company at $8.8 billion Chewy.com, the online pet product retailer owned by PetSmart, priced its IPO at $22 per share Thursday, above the expected range.       ...
18:39, 06/14/2019

Jeff Bezos and the United States of Amazon – podcast In 1994, Jeff Bezos founded Amazon, the company that has since made him the richest man in the world. Julia Carrie Wong charts the company’s success and controversies. Plus: Jim Waterson on why young people aren’t watching the news anymoreAmazon star...
09:13, 07/29/2019

Amazon's Jeff Bezos unveils moon lander plans The founder of tech giant Amazon said, "It's time to go back to the moon." Riding a resurgent wave of interest in returning to the moon, Jeff Bezos said people could be transported there in the near future....
00:52, 05/10/2019

Hey, Jeff Bezos: I'm an Amazon worker and this is why I'm joining the climate strike On 20 September, more than 1,000 Amazon staffers will walk out of their offices to demand action. Rebecca Sheppard is one of the strike’s organizersSince late last year, a group of workers within Amazon have been organizing to push the company to rad...
10:39, 09/10/2019

The Latest: Protester arrested at Jeff Bezos Amazon event LAS VEGAS (AP) — The Latest on the arrest of a protester who approached Amazon CEO and founder Jeff Bezos on stage at a conference in Las Vegas (all times local): 4:35 p.m. A woman was arrested after approaching Amazon CEO and founder Jeff Bezos and ...
04:13, 06/07/2019

Senators ask Jeff Bezos to explain how Amazon recommends products In a letter to Jeff Bezos, Sens. Menendez and Blumenthal asked how the "Amazon's Choice" badge works, after reports indicated it recommends inferior products....
23:52, 08/12/2019

Amazon's Jeff Bezos pays out $38bn in divorce settlement Ex-wife MacKenzie Bezos will become world’s fourth-richest woman but has promised to give away half of awardThe world’s biggest divorce settlement will be made official this week as Amazon billionaire Jeff Bezos hands over a 4% stake in the online sh...
19:39, 06/30/2019

In First Ad 25 Years Ago, Amazon's Jeff Bezos Sought "Top-Notch" Talent Amazon has faced flak for gruelling standards it set for its employees from time to time and the first job listing now doing the rounds on social media has revealed that the founder of the company,......
17:39, 07/08/2019

Senators ask Jeff Bezos to crack down on thousands of unsafe products on Amazon Three Senate Democrats sent a letter to Amazon urging the company to do something about the thousands of unsafe or banned products listed on the e-commerce site....
02:13, 08/30/2019

Amazon Shareholder Tries To Return Purchased Item Directly To Jeff Bezos Amid Amazon's annual shareholders conference where dozens of people joined to discuss issues like renewable energy use and equal pay, a woman called out to Amazon CEO Jeff Bezos trying to return a......
12:00, 05/23/2019

Amazon Reportedly Installed 'Bulletproof Panels' to Protect CEO Jeff Bezos According to a report in The Daily Beast on Tuesday, the bulletproof project to safeguard Bezos, who has a net worth of $120 billion, cost Amazon $180,000....
16:13, 05/01/2019

Hey, Jeff Bezos: I work for Amazon – and I'm protesting against your firm's climate inaction Later this month, more than 1,000 Amazon staffers will walk out to demand action. Rebecca Sheppard is one of the strike’s organizersSince late last year, a group of workers within Amazon have been organizing to push the company to radically reduce it...
19:01, 09/10/2019

Jeff Bezos sold another $990 million worth of Amazon shares at the end of last week (AMZN) Reuters Amazon CEO Jeff Bezos sold more than 500,000 shares on Thursday and Friday, raising $990 million. The shares were in addition to the $1.8 billion worth of stock he sold earlier in the week. It's unclear why he's selling. But the moves come a...
04:39, 08/06/2019

Jeff and MacKenzie Bezos are officially divorced. Now they're divvy up their Amazon stake Amazon founder Jeff Bezos and his ex-wife MacKenzie Bezos have completed their divorce and are divvying up their stake in Amazon.       ...
20:26, 08/01/2019

Amazon's Jeff Bezos Unveils Lunar Lander Project "Blue Moon" Jeff Bezos, who heads both Amazon and space company Blue Origin, unveiled on Thursday a lunar lander that he said would be used to transport equipment, and possibly human beings, to the south pole of......
02:39, 05/10/2019

Indian-American Activist Storms On Stage, Shouts At Amazon CEO Jeff Bezos An Indian-American animal rights activist briefly interrupted Amazon Founder and CEO Jeff Bezos's on-stage firechat when she rushed on stage and asked Bezos to do something about "chicken farms"....
08:13, 06/07/2019

Jeff and MacKenzie Bezos are officially divorced. Now they're divvying up their Amazon stake Amazon founder Jeff Bezos and his ex-wife MacKenzie Bezos have completed their divorce and are divvying up their stake in Amazon.       ...
22:26, 08/01/2019

Jeff Bezos Wouldn’t Even Come On Stage to Listen to His Employees Who Want Amazon to Address Climate Change At Amazon’s shareholder meeting today, employees and investors voted on a wide-ranging spate of proposals, from banning the practice of selling facial recognition technology to adopting a serious plan to address climate change. Each of the proposals ...
00:39, 05/23/2019

Amazon CEO Jeff Bezos asked to help return customer's package at shareholder’s meeting At an annual shareholder’s meeting, Amazon CEO Jeff Bezos was asked by a customer if he could help return her package.        ...
23:39, 05/24/2019

Origin Of A Billionaire: Jeff Bezos Just Revealed He Got The Idea For Amazon After Watching A Robot Give A Man A Box Of Condoms If you’re an aspiring entrepreneur, get ready to learn from the master, because the wealthiest man in the world just opened up about the secrets behind his success and the humble origins of his multi-billion-dollar empire: Jeff Bezos just revealed th...
05:39, 08/03/2019

Jeff Bezos closes out Prime Day by standing on top of Amazon's massive glass spheres wearing climbing ropes and a hard hat Ted S. Warren/AP Amazon CEO Jeff Bezos climbed Amazon's spheres, a group of three cylindrical glass-enclosed structures at the company's headquarters in Seattle. The billionaire founder of Amazon posted a photo of himself to Instagram standing at th...
11:13, 07/17/2019

MacKenzie Bezos To Be Richer By $38 Billion After Divorce Settlement Even after paying $38 billion in stocks, Jeff Bezos will retain 59.1 million shares of Amazon -- currently worth nearly $112 billion which still makes him the richest man in the world. MacKenzie ......
13:13, 07/02/2019

Jeff Bezos and Lauren Sanchez made their public debut at Wimbledon just days after Bezos' record-setting divorce was finalized Adrian Dennis/Reuters The world's richest man made his first public appearance with his girlfriend Lauren Sanchez since reports of his alleged infidelity to his ex-wife MacKenzie Bezos leaked out. The two attended the five-hour, instant classic men'...
08:52, 07/15/2019

Mackenzie Bezos Will Be Richer By $38 Billion Post Divorce Settlement MacKenzie Bezos, wife of world's richest man Jeff Bezos for 25 years, is set to walk away with a whopping $38 billion this week -- roughly $1.52 billion a year since she got married to the Amazon......
17:52, 07/02/2019

MacKenzie Bezos Pledges To Donate Half Of Her $36 Billion Fortune MacKenzie Bezos, the former wife of Amazon.com Inc Chief Executive Officer Jeff Bezos, pledged on Tuesday to give half of her $36 billion fortune to charity, following a movement founded by......
19:39, 05/28/2019

MacKenzie Bezos promises to donate half of her $37 billion fortune to charity The saga involving Jeff Bezos earlier this year almost reads like a script for an upcoming Netflix drama. All the ingredients are there: a famous CEO who just so happens to be the richest man in the world, an illicit affair involving trips around the...
04:00, 05/29/2019

Apple fights EU order to pay 13 billion euros in back taxes Apple will launch a legal challenge on Tuesday to a European Commission order to pay 13 billion euros in Irish back taxes in a landmark case in the EU’s crackdown on tax avoidance by multinational companies. The iPhone maker is expected to send a six...
18:52, 09/16/2019

Google to pay 465 million euros in additional taxes in France, boosting settlement to 1 billion Google said on Thursday it agreed to pay 465 million euros in additional taxes to French authorities, boosting the total settlement to end a fiscal fraud probe in the country to nearly 1 billion....
17:00, 09/12/2019

Callon Petroleum to Buy Carrizo Oil for $1.2 Billion in Stock Callon Petroleum has said it would buy Carrizo Oil & Gas Inc. for $1.2 billion in stock as the oil company seeks to build scale in key production areas in Texas, including in the Permian Basin and Eagle Ford shale production areas....
16:13, 07/15/2019

CBOE STOCK EXCHANGE (CBSX) VOLUME TOPS 3 BILLION SHARES TRADED DURING 2008Growth in Volume, Listings and Participation; 2008 Highlights Include Lime Brokerage Investment, Functionality to Facilitate Automated Stock and Options Orders Chicago, January 15, 2009 - The CBOE Stock Exchange (CBSX) announced today that more than three billion shares were traded at the Exchange during 2008, its first full year of trading.The Exchange, now 22 months old, had sustained growth in trading vo...
00:52, 05/03/2019

Tesla Completes $2.35 Billion Stock and Bond Sale Tesla Inc. has completed a $2.35 billion stock and bond sale, giving the company a much-needed boost of liquidity as it continues its quest to become the first mass producer of electric cars....
20:13, 05/03/2019

Tesla Looks to Raise $2.3 Billion Through a Bond and Stock Sale Tesla is looking to raise as much as $2.3 billion through a bond sale and public offering of its shares, after a worse-than-expected quarter heightened concerns about the company’s cash on hand....
17:52, 05/02/2019

Tesla to get up to $2.7 billion from upsized offering, Musk to buy more stock Tesla Inc on Friday was set to raise up to $2.7 billion in a record-setting capital raising for the electric carmaker, as investors scooped up a mix of new stock and convertible notes that will recharge the company's cash-depleted balance sheet....
15:52, 05/03/2019

London Stock Exchange in talks to buy Refinitiv for $27 billion The London Stock Exchange Group Plc said on Friday it was in discussions to acquire financial data analytics provider Refinitiv Holdings Ltd for $27 billion, including debt....
06:39, 07/27/2019

London Stock Exchange Eyes $15 Billion Bet for Refinitiv The London Stock Exchange is in talks to buy financial-information business Refinitiv for almost $15 billion, in a deal that would help the exchange operator expand its business as a data provider....
18:13, 07/27/2019

Alibaba proposes one-to-eight stock split ahead of up to $20 billion HK listing China's Alibaba Group Holding has proposed a one-to-eight stock split ahead of a listing in Hong Kong later this year that is expected to raise up to $20 billion....
15:52, 06/17/2019

Slack stock surges at debut, values company at more than $25 billion Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 60% in their public trading debut on Thursday, valuing the company at more than $25 billion....
20:39, 06/20/2019

Slack stock surges at debut, values company at more than $23 billion Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 50% in their public trading debut on Thursday, valuing the company at more than $23 billion....
01:00, 06/21/2019

Slack Stock Soars, Putting Company’s Public Value at $23.1 Billion The workplace messaging company’s shares rose in early trading on the stock market on Thursday, and by the afternoon its value was more than triple its valuation as a private firm....
22:00, 06/20/2019

UPDATE 5-Slack stock surges at debut, values company at more than $23 billion Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 50% in their public trading debut on Thursday, valuing the company at more than $23 billion....
02:26, 06/21/2019

Bayer stock at lowest in nearly seven years after $2 billion award in Roundup trial Shares in Bayer were down 5.9 percent in early trade on Tuesday after a jury awarded more than $2 billion to a California couple in the largest U.S. jury verdict against the company over allegations its Roundup weed killer causes cancer....
09:39, 05/14/2019

Tesla boosts capital raise to $2.7 billion, Musk buys more stock Tesla Inc on Friday was set to raise up to $2.7 billion in a record-setting capital raising for the electric carmaker, as investors scooped up a mix of new stock and convertible notes that will recharge the company's cash-depleted balance sheet....
19:26, 05/03/2019

Tesla readies $2 billion capital boost in stock, bond offerings Tesla filed for a shelf offering to sell $1.35 billion in bonds and about $650 million in shares. CEO Elon Musk will participate in the offering by buying as much as $10 million in stock....
15:13, 05/02/2019

London Stock Exchange in talks to combine with Refinitiv in a $20 billion deal AFP Contributor / Getty Contributor The London Stock Exchange is in talks to acquire data analytics platform Refinitiv in a $20 billion deal, according to a person familiar with the matter. The deal would come less than a year after Blackstone Group...
07:39, 07/29/2019

China's Xiaomi plans $1.5 billion buyback to arrest stock tumble Chinese smartphone maker Xiaomi Corp announced a HK$12 billion ($1.53 billion) share buyback plan on Tuesday, in a reversal of its cash-management strategy that is aimed at boosting its floundering stock....
09:13, 09/03/2019

Bayer stock continues rout after $2 billion award in Roundup trial Shares in Bayer fell as much as 5 percent on Tuesday after a jury awarded more than $2 billion to a California couple in the largest U.S. jury verdict against the company over allegations its Roundup weed killer causes cancer....
13:52, 05/14/2019

China Brokerage's $2 Billion Offering Kick-Starts London Stock Link Chinese brokerage Huatai Securities plans to raise as much as $2 billion selling London-listed share-backed instruments this week, reviving the postponed Shanghai-London Stock Connect program....
09:26, 06/12/2019

Eldorado Resorts clinches $18 billion cash and stock deal for Caesars: sources U.S. casino operator Eldorado Resorts Inc has agreed to merge with Caesars Entertainment Corp in a cash and stock deal that values its peer at about $18 billion including debt, people familiar with the matter said on Sunday....
23:13, 06/23/2019

Hong Kong Stock Exchange Makes $36.6 Billion Offer for London Rival A deal would unite two of the world’s major stock exchanges when both regions are under political pressure, with Hong Kong reeling from a summer of violent protests and London gripped by political paralysis....
21:00, 09/11/2019

Salesforce to acquire data analytics platform Tableau in $15.7 billion all-stock deal Salesforce is buying data analytics company Tableau in an all-stock deal worth around $15.7 billion, just days after Google purchased Tableau rival Looker.Read More...
19:52, 06/10/2019

Hong Kong Exchanges Propose $39 Billion London Stock Exchange Takeover "The board of HKEX believes a proposed combination with LSEG represents a highly compelling strategic opportunity to create a global market infrastructure leader," the Hong Kong exchange said in a......
20:13, 09/11/2019

Why Facebook's stock jumped despite facing a record-breaking $5 billion FTC penalty: 'A slap on the wrist' (FB) AP Photo/Jose Luis Magana Facebook's stock rose around 1% after news broke that it is facing a record-breaking $5 billion penalty from the Federal Trade Commission. Investors are breathing a collective sigh of relief that the settlement isn't more s...
20:39, 07/13/2019

Salesforce stock drops sharply after announcing $15.3 billion Tableau deal, biggest in its history Salesforce finally pulled the trigger on a deal it's been considering for some years, but investors weren't happy. It's expected to impact full-year EPS by $0.37 to $0.39....
16:26, 06/10/2019

Hurricane Dorian insured losses in Caribbean to range from $1.5 billion to $3 billion: AIR worldwide Insurance industry losses in the Caribbean spurred by Hurricane Dorian will range between $1.5 billion to $3 billion, according to catastrophe risk modeler AIR Worldwide, a Verisk Analytics Inc unit....
21:26, 09/06/2019

California governor unveils record $213 billion budget, says $70 billion recession could hit coffers California Gov. Gavin Newsom, in his revised state budget released Thursday, proposed a record-setting $213.5 billion spending plan for the upcoming fiscal year — that's a 2% increase over his January budget....
04:39, 05/10/2019

Disney bought Marvel for $4 billion in 2009. It's made $18.2 billion at the box office since Since release its first Disney produced Marvel movie in 2012, the company has earned more than $18.2 billion at the global box office. And it's already on its way to make billions more....
20:26, 07/21/2019

Purdue Pharma in discussion on $10 billion-$12 billion offer to settle opioid lawsuits: sources OxyContin maker Purdue Pharma LP and its owners, the Sackler family, are in discussion to settle more than 2,000 opioid lawsuits against the company for $10 billion to $12 billion, two people familiar with the matter said on Tuesday....
04:13, 08/28/2019

GM Cruise autonomous vehicle unit valued at $19 billion with latest $1.15 billion funding round The $19 billion valuation comprises over one-third of GM's market value of roughly $54 billion. GM stock is up 25 percent this year, and company shares were up over 1% in morning trading Tuesday....
17:39, 05/07/2019

Drugmaker Purdue Pharma reportedly offered $10 billion to $12 billion to settle opioid claims Reuters Purdue Pharma and its owners, the Sackler family, are offering to settle more than 2,000 lawsuits for $10 billion to $12 billion, NBC News reported on Tuesday, The lawsuits accused the company of aggressively marketing prescription opioids w...
01:52, 08/28/2019

WeWork looking to raise $3 billion-$4 billion in debt ahead of IPO: source Shared office space manager WeWork Cos is looking to raise $3 billion to $4 billion in debt before it goes public, a source familiar with the matter said on Sunday, a move aimed to fuel investor confidence in the company....
21:39, 07/07/2019

Uber Lost Another $5.2 Billion, Has Now Burned $16.2 Billion Since 2016 Uber, a company that uses rich people’s money to subsidize artificially cheap taxi rides provided by underpaid drivers, continued its streak of having never made a profit by losing another $5.2 billion in the second quarter of 2019....
00:39, 08/09/2019

For Prime Day, New Yorkers Order Jeff Bezos to Do Better Around one hundred New Yorkers took a page out of Amazon’s book this afternoon and made a one-day delivery to the $80 million penthouse apartment of CEO Jeff Bezos: 275,000 signed petitions demanding broad change from a company which is becoming more...
23:00, 07/15/2019

Can Jeff Bezos Make Money in Space? The Amazon founder’s Blue Origin has expanded dramatically in the past three years as it looks to be a player in the lucrative market for government and commercial business....
09:13, 05/20/2019

Amazon reports $63.4 billion in Q2 2019 revenue: AWS up 37%, subscriptions up 37%, and ‘other’ up 37% Amazon today reported fiscal Q2 2019 earnings, including revenue of $63.4 billion, net income of $2.6 billion, and earnings per share of $5.22.Read More...
00:13, 07/26/2019

Amazon is going to deliver a blow to FedEx, which just lost $2 billion FedEx Corp. is bracing for impact as it deals with the death of an Amazon partnership and slowing growth in the world economy.       ...
03:39, 06/26/2019

Trump says looking closely at Amazon's bid on $10 billion Pentagon contract U.S. President Donald Trump said on Thursday his administration was looking closely at Amazon.com's bid on a $10 billion cloud contract with the Defense Department after getting complaints from other tech companies....
23:00, 07/18/2019

Jeff Bezos snags 3 Manhattan apartments for $80 million Despite Amazon giving New York City the cold shoulder, its CEO is set to snag some prime Manhattan real estate. Jeff Bezos, the recently divorced multi-billionaire Amazon founder, is finalizing a deal to buy the top four floors of a NoMad apartment b...
01:52, 06/05/2019

Jeff Bezos Says Robotic Hands Will Be Ready for Use in Next 10 Years Amazon.com Chief Executive Jeff Bezos has said he expects there will be commercial robots in the next 10 years that can grasp items as reliably as humans....
09:52, 06/07/2019

An inside look at Jeff Bezos' new $80 million NYC luxury apartment CNBC's Robert Frank reports on Amazon CEO Jeff Bezos' newest apartment purchase in New York City with exclusive video of the interior before Bezos purchased the four-floor, 12-bedroom apartment....
22:39, 06/05/2019

Jeff Bezos says he’ll send a spaceship to the moon Amazon tycoon Jeff Bezos says he's going to send a spaceship to the moon, joining a resurgence of lunar interest half a century after people first set foot there. (May 9)        ...
02:26, 05/10/2019

Trump wants to return to the moon. Jeff Bezos is among those vying to help. Bezos unveiled a life-size mock-up of the lander his company, Blue Origin, is developing to ferry cargo and supplies to the surface of the moon, and he made an emotional case for humanity to expand out into the cosmos, a cause he has called the most ...
03:39, 05/10/2019

Amazon's $10 Billion Pentagon Contract Being Closely Looked At: Trump U.S. President Donald Trump said on Thursday his administration was looking closely at Amazon.com's bid on a $10 billion cloud contract with the Defence Department after getting complaints from other......
08:13, 07/19/2019

Amazon grabs a piece of the Yankees network in a $3.47 billion deal Disney sold its stake in the YES Network to an investor group that includes the Yankees, Amazon and Sinclair Broadcasting. The group announced today that it was acquiring the 80 percent stake in the YES Network previously held by Disney in a $3.47 bi...
09:26, 08/30/2019

Amazon Prime Day to test one-day delivery as value of sales could soar to as much as $6 billion Amazon Prime Day, which begins in just three days, will test the company's promise to provide one-day shipping for more than 10 million products on what may be a record-setting event....
18:39, 07/12/2019

Amazon pulls in $3.6 billion profit and says it will offer free one-day shipping The company’s lucrative advertising and cloud computing businesses notched the bulk of its profits and helped boost margins even as sales growth slowed....
18:52, 04/28/2019

Yahoo Japan Takes on Amazon, Rakuten With $3.7 Billion Deal Yahoo Japan plans to take a 50.1% stake in Japanese online fashion retailer Zozo, while Zozo founder Yusaku Maezawa resigned as CEO to focus on personal ambitions, including traveling into space....
21:13, 09/12/2019

Jeff Bezos to announce Blue Origin’s mission to the moon Jeff Bezos is expected to announce plans Thursday of his space company Blue Origin’s mission to the moon, according to a new report. The world’s richest man and Amazon founder will lay out details of the lunar missions, as well as a lunar...
22:52, 05/09/2019

Indian-American Protester Interrupts Jeff Bezos on Stage An Indian-American animal rights activist briefly interrupted Amazon CEO Jeff Bezos's onstage firechat when she rushed on stage and asked Bezos to do something about "chicken farms"....
09:52, 06/07/2019

Donald Trump Wants To Return To The Moon. Jeff Bezos Pitches In To Help In the six weeks since Vice President Mike Pence announced a crash program to get humans to the moon within five years, the White House has provided no details on how it would achieve that and no cost......
05:00, 05/10/2019

I always wanted to be a millionaire. After Jeff Bezos took an interest in my company, I became one — and it was nothing like I expected. via Basecamp Facebook Since childhood, Basecamp founder and CTO David Heinemeier Hansson had pondered what life as a millionaire would be like. When Jeff Bezos took an interest in Basecamp, the company Hansson founded, he became what he had dreamed ...
23:52, 07/16/2019

$58M New York penthouse that Jeff Bezos ogled finds a buyer A $58 million trophy triplex penthouse overlooking Madison Square Park that Amazon’s Jeff Bezos expressed interest in is in contract. That price might be considered a deal, since the penthouse at 212 Fifth Ave. first hit the market for $73.8 mi...
00:00, 05/23/2019

The Morning After: Ninja bombs and Jeff Bezos' lunar lander Hey, good morning! You look fabulous. Happy Friday! This morning, we've got Nike's augmented reality-powered sneaker-fitting app, our new guide to all the parenting tech you might need (and everything you don't), and a new $80 AirPods...
22:00, 05/10/2019

Jeff Bezos Is Promising the Moon — But There Are Plenty of Reasons to Doubt Him You may not have given a lot of thought to your plans for 2024, but more and more people in the space business have. For reasons not entirely clear, 2024 has become the big year for big promises. The trend started in 2017 with SpaceX founder Elon Mus...
22:13, 05/10/2019

Jeff Bezos: Blue Origin is going to the moon to ‘save the Earth’ Jeff Bezos talked about why he thinks going to the moon is important and how robots that can grasp things will be an important future tech trend.Read More...
21:39, 06/06/2019

Here's Everything Jeff Bezos Said to Convince Humanity That Space Colonies Are the Future Amazon founder Jeff Bezos, the wealthiest man on the planet, gave an hour-long presentation yesterday about his plans for humanity’s future living on the moon and in space colonies. It was a bit like watching a monologue from a sci-fi movie in a lot ...
17:13, 05/10/2019

Indian-American Activist Who Shouted At Jeff Bezos Arrested Indian-American activist Priya Sawhney, who interrupted Amazon Founder and CEO Jeff Bezos'' on-stage talk, has been arrested on trespassing and burglary charges, according to media reports....
10:52, 06/08/2019

Jeff Bezos has date night with Lauren Sanchez: report Amazon founder Jeff Bezos and his girlfriend Lauren Sanchez were spotted for the first time publically since reports broke earlier this year of their romance....
09:39, 05/06/2019

A Jeff Bezos-Mukesh Ambani Deal In The Works: Report A potential partnership will help the duo counter Walmart, which last year invested $16 billion in Flipkart, in their battle for a bigger share of India's fast-growing e-commerce market....
16:26, 08/02/2019

Jeff Bezos: I spend my billions on space because we're destroying Earth "We are in the process of destroying this planet," says Amazon and Blue Origin CEO Jeff Bezos. "And we have sent robotic probes to every planet in the solar system — this is the good one."...
23:26, 07/17/2019

Jeff Bezos reveals his 'Blue Moon' lunar lander Blue Origin is building a lunar lander aptly called the Blue Moon. Jeff Bezos has announced his space company's shared goal with NASA to go back to our planet's fateful companion in the next few years at an event for media and space industr...
02:52, 05/10/2019

Pentagon puts $10 billion contract on hold after Trump criticizes Amazon The Pentagon has temporarily halted its $10 billion cloud-computing competition after President Trump suggested that the bid might be rigged in favor of Amazon. The process will now be reviewed by new Defense Secretary Mark Esper, and a spokesperson....
14:26, 08/02/2019

Amazon's Prime Day is looking more and more like Alibaba's $30 billion Singles Day sales event (AMZN) Kevin Mazur/Getty Taylor Swift is headlining Amazon's Prime Day concert on July 10, joined by SZA, Becky G, and Dua Lipa. New for this year, the concert event will stream live on Amazon Prime. It's designed to draw attention to one of Amazon's bigge...
00:13, 07/07/2019

Jeff Bezos unveils his sweeping vision for humanity’s future in space Jeff Bezos, owner of Blue Origin, spoke Thursday during an unveiling of his Blue Moon lunar lander. [credit: Mark Wilson/Getty Images ] WASH...
05:52, 05/10/2019

Jeff Bezos announces plans for delivery service to the moon by 2024 Space flight company Blue Origin unveiled a new lunar lander that the firm says will deliver scientific instruments, rovers and astronauts to the moon...
02:26, 05/10/2019

Jeff Bezos, Elon Musk To Help NASA Land First Woman And Next Man On Moon The US space agency has selected 13 firms -- including Blue Origin of Jeff Bezos and SpaceX of Elon Musk -- to develop space technologies as it prepares to land humans on the Moon by 2024 with the......
18:00, 07/31/2019

Jeff Bezos confronted by animal-rights protester during Las Vegas conference Amazon CEO Jeff Bezos was interrupted by an animal rights activist Thursday after she rushed the stage where he was giving a talk in Las Vegas and yelled about chicken farms....
11:52, 06/07/2019

Animal rights activist facing felonies in Jeff Bezos protest Authorities in Las Vegas are filing felony charges against a 30-year-old California woman who was arrested after approaching Amazon CEO and founder Jeff Bezos on a conference stage while yelling about chicken farms....
02:52, 06/08/2019

Jeff Bezos Cheers For India Ahead Of Chandrayaan 2's Final Countdown All eyes are on ISRO's ambitious Chandrayaan 2 mission today as India aims to create history by becoming the first nation to reach closest to the moon's south pole. Joining millions of Indians rooting......
23:52, 09/06/2019

Meet the Man Quietly Building the Tesla of Trucks, With Jeff Bezos Aboard R. J. Scaringe’s company, Rivian, has raised $1.7 billion from Amazon, Ford Motor and others without selling a single pickup truck and sport utility vehicle....
15:26, 07/27/2019

Jeff Bezos' Lunar Lander Is a Modular Multipurpose Landing System There are two well-known crazy rich guys building rockets right now, and while Elon Musk and SpaceX tend to get most of the attention—mostly because they are actually doing real things in space—Jeff Bezos and his company, Blue Origin, have been devel...
02:39, 05/12/2019

Billionaire Jeff Bezos to unveil plans for moon presence, sources say Billionaire entrepreneur Jeff Bezos will unveil plans on Thursday for missions to the moon tailored to the U.S. government's renewed push to establish a lunar outpost in just five years, people familiar with the matter said....
18:52, 05/09/2019

Jeff Bezos: I spend my billions on space because we're destroying Earth "We are in the process of destroying this planet," Amazon CEO Jeff Bezos said in an interview with CBS Evening News.       ...
03:13, 07/18/2019

Intel stock soars 5% after announcing the $1 billion sale of its smartphone modem business to Apple and reporting numbers that crushed Wall Street estimates (INTC, AAPL) Intel Intel said Apple is buying its smartphone modem chip business for $1 billion. Intel shares were rallying after the chip giant reported better-than-expected results, including a strong outlook. Visit Business Insider's homepage for more stories...
10:26, 07/26/2019

A Facebook Poll Rating Against Elon Musk, Jeff Bezos Stunned Zuckerberg A month before the 2016 U.S. presidential election, a rumor spread on Facebook. People were sharing a viral gimmick familiar to email spammers: Copy and paste this message to all your friends, or......
07:00, 07/09/2019

Jeff Bezos Outlines Plan to Colonize Space, Interrupted by Chicken Protestor This week Amazon is hosting its first Re:Mars conference, a Las Vegas event where researchers, executives, and Tony Stark are discussing AI and space travel. During Thursday’s events, burgeoning evil mastermind and Amazon CEO Jeff Bezos tested out la...
04:13, 06/07/2019

NASA is joining forces with Elon Musk and Jeff Bezos to help space exploration NASA may have ambitions of returning to the Moon on its own, but it's asking for help from Jeff Bezos and Elon Musk to make breakthroughs for future space missions, including going to Mars....
21:39, 07/31/2019

Jeff Bezos, richest man in the world, was a surprise guest at this Kentucky Derby party Amazon's Jeff Bezos, Tom Brady, party; Travis Tritt, NYSYNC's Joey Fatone, Eddie Montgomery perform at Barnstable Brown gala ahead of Kentucky Derby.        ...
18:26, 05/04/2019

Pentagon puts $10 billion JEDI contract on hold after Trump suggests it favored Amazon The Pentagon has decided to put on hold its decision to award a $10 billion cloud computing contract after President Donald Trump said his administration was examining Amazon.com Inc's bid following complaints from other tech companies....
08:26, 08/02/2019

NASA to join forces with Jeff Bezos and Elon Musk to explore moon, Mars The government space agency said on Tuesday that it is partnering with 13 US companies, including Bezos' Blue Origin and Musk's SpaceX, for 19 different projects to advance space technologies and "help maintain American leadership in space."...
21:39, 07/31/2019

This health investor shadowed Jeff Bezos, worked for Bill Gates: Here’s what he learned "I don’t always have the right answers, but I do have a lot of scars and I’m happy to share those,” said Peter Neupert.       ...
00:26, 07/22/2019

Jeff Bezos’ space startup Blue Origin just nailed an important test flight SpaceX might be leading the charge in the realm of commercial space flight, but it’s not a one-horse race. Several other startups are working hard on their own rocket technologies and courting eager clients with the prospect of affordable satel...
23:00, 05/02/2019

‘It’s Time to Go Back to the Moon.’ Jeff Bezos Unveils Blue Origin’s Lunar Mission (WASHINGTON) — Amazon tycoon Jeff Bezos says he’s going to send a spaceship to the moon, joining a resurgence of lunar interest half a century after people first set foot there. Bezos says his space company Blue Origin will land a robotic...
00:39, 05/10/2019

Jeff Bezos and Bill Gates are mega rich. But their Seattle suburb is running out of money Jeff Bezos and Bill Gates are the richest people in the world. Amazon is headquartered in Seattle and Microsoft is just outside the city.       ...
14:52, 06/26/2019

Here's why Bill Gates, Jeff Bezos and other investors are pouring billions into clean-tech ventures Billionaire investors Bill Gates, Jeff Bezos, Jack Ma and others are pouring billions into clean-tech ventures as renewable-energy technology advances....
19:13, 04/28/2019

Prepaid card transactions will hit $396 billion by 2022 — and new players like Apple, Amazon, and Venmo are trying to gain share This is a preview of a research report from Business Insider Intelligence, Business Insider's premium research service. To learn more about Business Insider Intelligence, click here. BI Intelligence The US prepaid card ecosystem is huge, with 10....
22:13, 07/02/2019

After Trump cites Amazon concerns, Pentagon re-examines $10 billion JEDI cloud contract process The eleventh-hour Oval Office intervention comes just weeks before the winning bid was expected to be announced and has now left a major military priority up in the air....
22:52, 08/01/2019

After Trump cites Amazon concerns, Pentagon reexamines $10 billion JEDI cloud contract process The 11th-hour Oval Office intervention comes just weeks before the winning bid was expected to be announced and has now left a major military priority up in the air....
04:00, 08/02/2019

A $400 million yacht rumored to be owned by Jeff Bezos called the 'Flying Fox' was spotted off the coast of Turkey AP Photo A mega-yacht rumored to cost $400 million and be owned by Jeff Bezos was spotted off the coast of Turkey in photos circulating on Twitter. The "Flying Fox" yacht was reported to anchor off Datça, a popular tourist destination in Turk...
14:13, 08/04/2019

Lloyd Blankfein, Jeff Bezos, and Jared Kushner’s brother all partied on David Geffen’s mega-yacht la Lloyd Blankfein, Jeff Bezos, and Jared Kushner’s brother all partied on David Geffen’s mega-yacht last weekend, yet the boat did not sink—proving that there is no god....
03:26, 08/07/2019

President Donald Trump reportedly wants to 'scuttle' the $10 billion Pentagon cloud contract that Amazon and Microsoft are fighting over (AMZN, ORCL, MSFT) Drew Angerer / Getty Images President Donald Trump reportedly wants to "scuttle" the bidding process for the Joint Enterprise Defense Infrastructure (JEDI) contract and start over, CNN reported. Microsoft and Amazon are the finalists for this $10 b...
07:39, 07/29/2019

Seeing red? Why a falling stock market can help you save on taxes Market declines don't have to be a horror show. Here's the upshot: Lower portfolio values make it cheaper to convert your IRA to a Roth IRA....
07:13, 08/15/2019

Shaq started investing like Jeff Bezos: ‘I probably quadrupled what I’m worth’ Among Shaq's long list of investments: Las Vegas nightclubs, 17 Auntie Anne's and a Krispy Kreme franchise.       ...
23:39, 07/11/2019

Elon Musk cracks a lewd joke at Jeff Bezos' new 'Blue Moon' lander SpaceX and Tesla CEO Elon Musk took a lewd dig at 'Blue Moon,' the moon lander created by the aerospace company owned by Amazon CEO Jeff Bezos.        ...
19:13, 05/10/2019

Does Amazon Really Pay No Taxes? Democratic presidential candidates have seized on reports that Amazon paid no 2018 federal taxes. A closer look at the internet giant’s tax disclosures over several years paints a more intricate picture....
18:26, 06/14/2019

Bezos Says Amazon Will Bet Even Bigger Despite Antitrust Probes In a speech at an Amazon conference, CEO Jeff Bezos sounded unconcerned by reports that regulators are eyeing the company, potentially for a break-up....
23:52, 06/06/2019

Amazon workers demand Bezos act on climate crisis At a shareholder meeting Wednesday, the CEO refused to address workers urging the company to overhaul its climate policyAmazon’s chief executive officer, Jeff Bezos, refused to address employees demanding the company take action on the climate crisis...
04:39, 05/23/2019

Does Amazon really pay no taxes? Here’s the complicated answer Democratic presidential candidates have seized on reports that Amazon.com Inc. paid no 2018 federal taxes as they press for changes in the tax system....
20:52, 06/14/2019

Amazon's Bezos says robotic hands will be ready for commercial use in next 10 years Amazon.com Inc Chief Executive Jeff Bezos said on Thursday he expects there will be commercial robots in the next 10 years that can grasp items as reliably as humans, a development that could automate warehouse work around the world....
21:39, 06/06/2019

Three U.S. senators urge Amazon's Bezos to check driver abuse Three U.S. senators on Thursday said Amazon.com Inc should stop working with delivery contractors that violate labor laws by imposing unfair conditions on drivers delivering packages for the e-commerce company....
19:00, 09/12/2019

UPDATE 1-Three U.S. senators urge Amazon's Bezos to check driver abuse Three U.S. senators on Thursday said Amazon.com Inc should stop working with delivery contractors that violate labor laws by imposing unfair conditions on drivers delivering packages for the e-commerce company....
22:39, 09/12/2019

Amazon CEO Bezos says robotic hands ready for prime time in next 10 years Jeff Bezos, Amazon.com Inc's chief executive and founder, said on Thursday he expects the challenge of building robots for commercial use that can grasp items as efficiently as human hands will be solved in the next 10 years....
21:26, 06/06/2019

UPDATE 1-Amazon's Bezos says robotic hands will be ready for commercial use in next 10 years Amazon.com Inc Chief Executive Jeff Bezos said on Thursday he expects there will be commercial robots in the next 10 years that can grasp items as reliably as humans, a development that could automate warehouse work around the world....
21:26, 06/06/2019

'Alexa, take me to the moon.' Jeff Bezos' Blue Origin wants to take astronauts to the moon by 2024 Blue Origin, Amazon CEO and Founder Jeff Bezos' rocket venture, is planning a manned mission to the moon, he announced Thursday.        ...
02:26, 05/10/2019

'Money to share' - MacKenzie Bezos pledges half her Amazon fortune to charity MacKenzie Bezos, the former wife of Amazon.com Inc Chief Executive Officer Jeff Bezos, pledged on Tuesday to give half of her $36 billion fortune to charity, following a movement founded by billionaires Warren Buffett and Bill and Melinda Gates....
18:26, 05/28/2019

Profitable Giants Like Amazon Pay $0 in Corporate Taxes. Some Voters Are Sick of It. In Ohio, where companies like FirstEnergy and Goodyear pay no federal corporate taxes, Democrats haven’t figured out how to leverage anxiety over income inequality to defeat President Trump....
17:39, 04/29/2019

Biden criticizes Amazon for not paying federal taxes in 2018 Democratic presidential hopeful Joe Biden on Thursday took umbrage with e-commerce giant Amazon.com Inc's $0 federal tax bill in 2018 and said no company making billions in profits should pay a lower tax rate than firefighters and teachers....
02:13, 06/14/2019

UPDATE 2-'Money to share' - MacKenzie Bezos pledges half her Amazon fortune to charity MacKenzie Bezos, the former wife of Amazon.com Inc Chief Executive Officer Jeff Bezos, pledged on Tuesday to give half of her $36 billion fortune to charity, following a movement founded by billionaires Warren Buffett and Bill and Melinda Gates....
17:39, 05/28/2019

Amazon owes South Carolina millions in sales taxes, court says A court ruling in South Carolina says Amazon must pay up on sales taxes from other vendors who use Amazon.com to conduct transactions.       ...
21:26, 09/11/2019

Shopify will soon trail only Amazon for US e-commerce, and the stock is soaring Shopify is expected to surpass eBay and become the second largest U.S. e-commerce platform behind Amazon in terms of sales volume, according to a note published by R.W. Baird on Monday....
21:00, 09/09/2019

The Man With the $13 Billion Checkbook How Darren Walker, a gay black man who grew up poor in Texas, came to be one of the best connected people in New York City. And what that means for the future of philanthropy....
11:13, 07/12/2019

U.S. to Sell $150 Billion in Debt The U.S. Treasury Department will auction $150 billion in securities next week, comprising $74 billion in new debt and $76 billion in previously sold debt....
23:26, 06/06/2019

Broadcom to Take $2 Billion Hit From Huawei Ban Broadcom said it would make $2 billion less in annual sales than expected following the U.S. ban on exports to Chinese telecom giant Huawei Technologies....
01:26, 06/14/2019

IBM closes $34 billion deal to buy Red Hat International Business Machines Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc as it looks to ramp up its cloud computing business....
16:26, 07/09/2019

Slack Listing Likely to Value It at Up to $17 Billion Slack is expected to be valued by investors at $16 billion to $17 billion when it lists its shares publicly next week, according to people familiar with the matter....
13:26, 06/13/2019

GM Cruise Is Now Worth $19 Billion Because Why Not Cruise, GM’s autonomous vehicle arm, raised another $1.15 billion at a total valuation of $19 billion, according to several media reports including TechCrunch. The new investment adds T. Rowe Price to the list of the company’s investors, as well as i...
20:39, 05/07/2019

The charts show Amazon's stock is bottoming, primed for a 20% gain, Jim Cramer says "The charts, as interpreted by Carolyn Boroden, suggest that Amazon has finally resumed its long-term rally" toward $2,115, the "Mad Money" host says....
05:39, 09/07/2019

Amazon stock jumps 3 percent after Buffett reveals colleague’s stake Billionaire investor Warren Buffett called himself an “idiot” for not buying stock in Amazon, but said someone at his investment firm, Berkshire Hathaway, is making up for his lack of foresight. Buffett told CNBC on Thursday that a money manager at B...
21:00, 05/03/2019

With $1 Billion From Microsoft, an A.I. Lab Wants to Mimic the Brain OpenAI, now managed by start-up guru Sam Altman, wants to create a machine that can do anything the human brain can do. Skeptics wonder if it is possible....
15:39, 07/22/2019

This app has saved Americans $10 billion on prescriptions so far Start-up GoodRx is upending pharmacies with an app that gives users real-time drug prices at 70,000 locations nationwide. It was ranked No. 6 on the 2019 CNBC Disruptor 50 list....
14:13, 05/15/2019

TDR Capital to buy car auctioneer BCA Marketplace for $2.4 billion British private equity firm TDR Capital on Wednesday said it offered to buy car auctioneer BCA Marketplace for about 1.91 billion pounds ($2.42 billion)....
10:00, 06/26/2019

Fireworks sales to top $1.3 billion in 2019 The fireworks business receives most of its revenue in the leadup to the Fourth of July holiday. That revenue has surged recently.       ...
00:39, 07/03/2019

US warns EU over €13-billion defense spending The US has warned the European Union that plans to boost defense cooperation within the EU could undo decades of trans-Atlantic cooperation and damage NATO. The EU's foreign policy chief said US concerns were unfounded....
03:52, 05/15/2019

CBS unlikely to pay Lionsgate’s $5.5 billion price tag for Starz Lionsgate’s chances of selling its Starz TV network to CBS for $5.5 billion just shrank — by about $2 billion. Investors in the film studio behind “The Hunger Games” made it abundantly clear this week that they don’t see CBS writing a $5 billion-plus...
06:00, 05/25/2019

Microsoft to invest $1 billion in OpenAI Microsoft Corp said on Monday it was investing $1 billion in San Francisco-based OpenAI and that the two had formed a multi-year partnership to develop artificial intelligence supercomputing technologies on Microsoft's Azure cloud computing service....
19:26, 07/22/2019

Uber, Down $14 Billion Since Friday, May Drop Even Further Outpacing the New York Stock Exchange’s losses on another rocky day of trading, Uber’s disappointing IPO is becoming disastrous, falling an additional 10.8 percent in its second day as a public company.Read more......
00:26, 05/14/2019

AbbVie buys Allergan for $63 billion Biopharmaceutical giant AbbVie Inc. announced Tuesday that it was purchasing Botox-maker Allergan in cash and stock transfers valued at about $63 billion....
17:00, 06/25/2019

How the Promise of a $120 Billion Uber I.P.O. Evaporated Uber’s offering was supposed to be a crowning moment for the ride-hailing company. But it suffered setback after setback and ultimately resulted in pointed questions for all involved....
02:26, 05/16/2019

GE's New Billion-Dollar Problem? Boeing's MAX Just as General Electric says it is making progress on some of the conglomerate’s thorniest problems, the extended grounding of Boeing’s 737 MAX jet is putting a fresh strain on its finances....
02:26, 08/02/2019

BP to Exit Alaska With $5.6 Billion Sale BP, a leading oil company in Alaska for six decades, is selling all of its assets in the state to Hilcorp Energy for $5.6 billion. The British company’s departure marks the latest blow to the Alaskan oil sector....
10:39, 08/28/2019

EU regulators to decide on IBM's $34 billion Red Hat bid by June 27 EU antitrust regulators will decide by June 27 whether to clear U.S. tech giant International Business Machines Corp's $34 billion bid for software company Red Hat....
17:00, 05/21/2019

Netflix has shipped 5 billion discs Streaming dominates Netflix's universe, but don't think its disc-based service is dead yet -- in fact, it just marked a big milestone. The other part of Netflix's business just shipped its 5 billionth disc (Rocketman, if you're c...
04:00, 08/27/2019

StockX Is Latest $1 Billion Unicorn StockX, an online marketplace that lets individuals trade sneakers like stocks, closed a round of venture funding that valued the startup at more than $1 billion, riding the sneaker-reselling craze fueled by teens....
22:52, 06/26/2019

Brookfield, GIC to buy Genesee & Wyoming for about $6.4 billion Canada's Brookfield Asset Management Inc and Singaporean sovereign wealth fund GIC on Monday agreed to buy U.S. freight railroad owner Genesee & Wyoming Inc for about $6.4 billion in cash....
15:26, 07/01/2019

Amgen to Buy Celgene's Otezla for $13.4 Billion Amgen agreed to buy the psoriasis treatment Otezla from Celgene for $13.4 billion in cash, in a deal that would pave the way for Bristol-Myers Squibb to complete its acquisition of Celgene....
15:13, 08/26/2019

Treasury to Sell $112 Billion in Debt The U.S. Treasury Department will auction next week $112 billion in securities, comprising $76 billion in new debt and $36 billion in previously sold debt....
20:00, 07/11/2019

LSE says it is in talks to buy Refinitiv for enterprise value of $27 billion The London Stock Exchange Group Plc said on Saturday it was in talks to buy data analytics platform Refinitiv for a total enterprise value of about $27 billion by issuing new LSE Group shares....
02:52, 07/27/2019

Treasury to Sell $109 Billion in Debt The U.S. Treasury Department will auction next week $109 billion in securities, comprising $62 billion in new debt and $47 billion in previously sold debt....
01:26, 05/17/2019

Treasury to Sell $203 Billion in Debt The U.S. Treasury Department will auction $203 billion in securities next week, comprising $149 billion in new debt and $54 billion in previously sold debt....
19:26, 05/23/2019

UN to appeal for $1.2 billion to help 5 million Palestinians UNITED NATIONS (AP) — The head of the U.N. agency for Palestinian refugees says he hopes donors will be as generous this year as they were last year after the United States cut all funding for the $1.2 billion program to help some 5 million Palestini...
01:26, 06/22/2019

WestJet to go private in C$5 billion deal Canada's WestJet Airlines Ltd said on Monday it will be acquired by private equity firm Onex Corp in an all-cash deal valued at C$5 billion ($3.72 billion), including debt....
14:52, 05/13/2019

Pakistan To Get $6 Billion From IMF Over Next Three Years: Official Pakistan will get $6 billion from the IMF over the next three years to meet its foreign debt obligations, the country's advisor on finance said on state television after an signing the agreement....
03:52, 05/13/2019

IBM to win unconditional EU okay for $34 billion Red Hat deal: sources U.S. tech giant International Business Machines Corp is set to secure unconditional EU approval for its $34 billion bid for software company Red Hat, people familiar with the matter said on Wednesday....
05:39, 06/20/2019

Treasury to Sell $94 Billion in Debt The U.S. Treasury Department next week will auction $94 billion in securities, ranging from 13-week bills to 30-year Treasury inflation-protected securities....
05:13, 08/16/2019

Facebook Agrees to Pay $5 Billion in FTC Settlement Facebook agreed to pay a record $5 billion fine and better police its data-privacy practices to settle a long-running federal investigation that has damaged the company’s standing with consumers and clouded its future....
14:52, 07/24/2019

IBM Plans $20 Billion Bond Sale International Business Machines is planning to sell around $20 billion of bonds to help fund its purchase of Red Hat, adding to a busy week for corporate debt issuance....
20:00, 05/08/2019

'Pokémon Go' has racked up 1 billion downloads So much for Pokémon Go's initial success being nothing more than a fad. The Pokémon Company has released a series of videos in Japanese noting that Niantic's location-based mobile game has been downloaded over 1 billion times...
00:26, 08/01/2019

Cisco to Buy Acacia Communications for About $2.6 Billion Cisco Systems is buying Acacia Communicationsm a maker of high-speed, optical interconnect technologies, for about $2.6 billion, or $70 a share, looking to meet rising demands on performance of networking gear....
18:52, 07/09/2019

PG&E to pay $1 billion to governments for wildfire damage SAN FRANCISCO (AP) — A California utility blamed for igniting several wildfires that killed dozens and destroyed thousands of homes has agreed to pay $1 billion to local governments. Attorneys representing 14 local public entities announced the settl...
02:26, 06/19/2019

Over $1 billion of cocaine seized in Philadelphia U.S. authorities seized more than $1 billion worth of cocaine Tuesday from a ship at a Philadelphia port, calling it one of the largest drug busts in American history. (June 18)        ...
01:26, 06/19/2019

The Company IBM's Buying For 34 Billion Dollars International Business Machines Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc as it looks to ramp up its cloud computing business....
22:00, 07/09/2019

An $8 Billion Refinery? Mexican President Says, Yes We Can Experts told Mexico’s president it’s impossible to build a refinery at the price he wants, so he orders Mexico’s struggling oil company to do it instead....
02:13, 05/10/2019

IFM Investors to Buy Buckeye Partners for $6.5 Billion Australian-based IFM Investors has agreed to acquire Buckeye Partners LP at a value of $6.5 billion. The infrastructure-focused investment manager agreed to an all-cash transaction that would give Buckeye shareholders $41.50 apiece for all of the sha...
15:39, 05/10/2019

Uber Lost Another Billion Dollars, NBD Uber’s first quarterly earnings report as a publicly-traded company tells us much of the same as every other report the company has ever released about its finances: they can’t stop, won’t stop losing so much freaking money....
23:13, 05/30/2019

US trade deficit rises to $71 billion The U.S. international trade deficit was $71.4 billion in March, the U.S. Census Bureau reported Friday, up half-billion dollars from February, or 0.7%....
15:00, 05/03/2019

Pakistan to Accept $6 Billion Bailout From I.M.F. Prime Minister Imran Khan had opposed any bailout before taking office, but has since reluctantly embraced the need for a rescue with Pakistan’s economy facing a crisis....
19:39, 05/12/2019

Treasury to Sell $99 Billion in Debt The U.S. Treasury Department next week will auction $99 billion in securities, ranging from 13-week bills to 10-year Treasury inflation-protected securities....
19:26, 09/12/2019

Facebook not worried about $5 billion FTC fine Facebook’s eye-popping $5 billion FTC fine may have set a record, but it’s a drop in the bucket for owner Mark Zuckerberg. Zuckerberg, who has a net worth of $79.8 billion according to Bloomberg, could pay the fine out-of-pocket and still remain comf...
09:00, 07/25/2019

Uber slips below $70 billion value in turbulent first day It took more than two hours for Uber shares to finally start trading after Uber executives and drivers congregated at the New York Stock Exchange for the bell-ringing ceremony. Uber closed at $41.57, giving it a market capitalization of just $69.7 bi...
18:13, 05/11/2019

On day of settlement with FTC, Facebook says some 2.1 billion use its apps every day On day of $5-billion settlement with FTC, Facebook announces $16.9 billion revenue quarter, up 8% from prior year, with $2 billion included in release.       ...
00:00, 07/25/2019

NXP to Buy Marvell's Wi-Fi, Bluetooth Business for $1.76 Billion NXP Semiconductors said on Wednesday it will buy Marvell's wireless connectivity business for $1.76 billion in cash to offer its customers a bigger product portfolio....
15:00, 05/30/2019

U.S. demands $12.7 billion in judgment against 'El Chapo' U.S. authorities said on Friday they were seeking a court order requiring Mexican drug lord Joaquin "El Chapo" Guzman to forfeit $12.7 billion following his conviction for racketeering and drug trafficking crimes earlier this year....
02:13, 07/06/2019

Huawei says U.S. ban will cost it $30 billion in sales The Trump administration last month barred companies from selling U.S. technology to Huawei amid fears that the company could tap into and monitor sensitive U.S. communications through its network technology....
16:26, 06/17/2019

Bulgaria sees F-16 jet deal with U.S. at $1.2 billion Bulgaria expects the United States to make an offer soon to sell it eight new F-16 fighter jets for its army at $1.2 billion, the defense ministry said on Tuesday....
08:39, 06/04/2019

Salesforce to buy Israel's ClickSoftware for $1.35 billion U.S. cloud-based service provider Salesforce said it signed a definitive agreement to acquire Israeli software developer ClickSoftware for $1.35 billion in cash and shares....
11:00, 08/08/2019

Treasury to Sell $113 Billion in Debt The U.S. Treasury Department will auction $113 billion in securities next week, comprising $62 billion in new debt and $51 billion in previously sold debt....
20:52, 06/13/2019

WeWork may seek IPO valuation as low as $10 billion WeWork’s parent company may seek a valuation as low as $10 billion in its looming public debut, a dramatic discount to the $47 billion valuation it achieved in January, people familiar with the matter said Friday. The deliberations indicate tha...
07:26, 09/14/2019

Does SoftBank Really Have $108 Billion for Its Vision Fund 2? SoftBank appeared to have pulled off a fundraising coup last month when it announced a technology investment fund with $108 billion in expected capital from the likes of Apple and Microsoft....
15:52, 08/06/2019

Microsoft posts a record $29.1 billion Q1. Same old, same old (credit: Julien GONG Min / Flickr) Microsoft has posted the results of the first quarter of its 2019 financial year, which runs up until September 30, 2018. Revenue was $29.1 billion, up 19 percent year on year, to set a new record for the company'...
13:00, 05/02/2019

U.S. Collected $63 Billion in Tariffs Through June The tariff hikes approved by President Trump have infuriated Beijing and escalated the U.S.-China trade war, but there has been at least one beneficiary: the U.S. Treasury....
18:13, 08/07/2019

U.S. Threatens Further Tariffs on $4 Billion of EU Goods The U.S. has widened its threat to impose tariffs against the European Union, pending the outcome of a World Trade Organization case over subsidies to the airplane manufacturer Airbus....
12:52, 07/02/2019

Pentagon gets 8.8% discount in $34 billion F-35 jet deal The U.S. Department of Defense has a "handshake" agreement with Lockheed Martin Co to cut 8.8 percent from the price of its latest order of F-35A fighter jet, shaving a year from the time frame in which each aircraft will cost less than $80 million, ...
23:00, 06/10/2019

Boeing 737 Max Troubles Add Up: $8 Billion and Counting The company, which had already announced $1 billion in costs from the jet’s grounding after two crashes, added $5.6 billion to compensate airlines and $1.7 billion due to a production slowdown....
05:13, 07/19/2019

WSJ: Facebook reaches $5 billion FTC settlement The inevitable has happened for Facebook. After weeks of reports that the company was working to settle with the Federal Trade Commission (FTC) over its privacy practices, the two parties have finally come to an agreement. The Wall Street Journal rep...
22:52, 07/12/2019

Volkswagen’s $17 Billion Change of Direction The car giant is finally putting its faith in the wonders of the capital markets with its Traton trucks IPO. If only Germany’s citizens would do the same. ...
13:52, 06/14/2019

Qualcomm to Get at Least $4.5 Billion in Apple Settlement Qualcomm will receive at least $4.5 billion from Apple as part of a settlement that ended more than two years of wrangling over the chip maker’s patent-licensing fees....
00:26, 05/02/2019

Salesforce's $15.7 billion Tableau acquisition: Everything you need to know Salesforce's purchase of Tableau is a strategic play to be combine enterprise data on one platform. Here's a look at the strategic rationale, wild cards, and what it means for customers....
19:26, 06/10/2019

Google to pay $1.1 billion in France following tax probe After a four-year investigation, Google has agreed to pay almost €1 billion ($1.10 billion) to French authorities because it did not fully declare its tax activities in the country, as reported by Reuters. The payment covers a €500 million....
12:00, 09/13/2019

More than €10 Billion Traded on Bats LIS Since Launch LONDON – 26 September 2017 – Bats Europe, a CBOE Holdings, Inc. company and the region’s largest equities exchange operator, today reported that more than €10 billion has executed on Bats LIS, its block trading platform powered by BIDS technolo...
21:26, 05/01/2019

Treasury to Sell $159 Billion in Debt The U.S. Treasury Department will auction next week $159 billion in securities, comprising $84 billion in new debt and $75 billion in previously sold debt....
19:13, 05/02/2019

US consumer borrowing up $17.5 billion in April Consumer borrowing accelerated in April to the fastest pace in five months as a rebound in credit card usage offset slower demand for auto and student loans....
22:26, 06/07/2019

Raising awareness about fires in the Amazon? Share these photos, not dated stock images Many high-profile images of the fires burning in the Amazon don't show what they claim. Some are decades old.        ...
00:00, 08/24/2019

China to slap tariffs on $75 billion in US goods China plans to slap new tariffs on $75 billion worth of American products as retaliation against President Trump’s latest round of duties in the latest escalation of the trade war between Washington and Beijing....
21:14, 08/23/2019

World population to reach 9.7 billion by 2050 — UN The United Nations predicts that half of this growth will take place in only nine countries, as the world is getting older overall. India is projected to become the world's most-populated country by 2027....
10:52, 06/18/2019

NXP to buy Marvell's WiFi, Bluetooth business for $1.76 billion Dutch chipmaker NXP Semiconductors NV said on Wednesday it will buy Marvell Technology Group Ltd's wireless connectivity business for $1.76 billion in cash to offer its customers a bigger product portfolio....
17:52, 05/29/2019

Big Five leagues spend over $6 billion in transfer window "Spending by teams in Europe\u0027s Big Five leagues totalled a record 5.5 billion euros ($6.13 billion) during the close season transfer window, financial analyst Deloitte\u0027s Sports Business Group said on Tuesday."...
14:52, 09/03/2019

Cboe FX Reports Record ADV of $42.6 Billion in January NEW YORK and LONDON – 5 February 2018 – Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today announced its foreign exchange (FX) market, Cboe FX, reported record spot average daily volume...
21:26, 05/01/2019

Hurricane Dorian could cost insurers $25 billion: UBS Hurricane Dorian, which battered the Bahamas early on Monday, could cause insurance industry losses of up to $25 billion, according to analysts at UBS....
17:00, 09/02/2019

China raising tariffs on $60 billion in US goods China announced Monday it will impose tariffs on $60 billion worth of American products starting June 1 — an apparent retaliation for President Trump’s decision to hike duties on goods from the country. Beijing will slam a number of US imports with t...
19:52, 05/13/2019

China To Impose New Tariffs On $75 Billion Of US Imports China announced Friday it will hit US soybeans, lobsters, peanut butter and other imports worth $75 billion with new tariffs in retaliation for Washington's planned duty hikes, further intensifying......
22:26, 08/23/2019

Trump: Japan will invest $40 billion in U.S. car factories U.S. President Donald Trump on Saturday said at a rally that Japanese Prime Minister Shinzo Abe told him Japan is investing $40 billion in new car factories in the United States....
02:13, 04/29/2019

How China Is Planning to Rank 1.3 Billion People China has a radical plan to influence the behavior of its 1.3 billion people: It wants to grade each of them on aspects of their lives to reflect how good (or bad) a citizen they are. Versions of the so-called social credit system are being tested in...
13:52, 06/04/2019

Snap to raise $1 billion to invest in AR, possible acquisitions Snap Inc on Tuesday said it will raise $1 billion in short-term debt and plans to invest in more media content, augmented reality features and may also buy other companies....
17:52, 08/06/2019

Trump announces $16 billion in aid for U.S. farmers hit by trade war The package announced at the White House is bigger than last year's $12 billion in emergency aid for farmers and ranchers caught in tariff showdowns....
03:52, 05/24/2019

Shell Avoids Hard Promises on That $125 Billion Investment and debt-reduction demands will persist, and the need for M&A can’t be ruled out. Investors should be grateful for the dividend they’ve got....
22:13, 06/04/2019

Bids in Germany's 5G auction already top 6 billion euros Germany's auction of frequencies for fifth-generation mobile services, now into its 10th week, has drawn 6 billion euros ($6.7 billion) in bids so far....
20:39, 05/23/2019

PG&E Strikes $11 Billion Settlement With Insurers Over Wildfires PG&E Corp. agreed on an $11 billion settlement to resolve the majority of claims by insurance carriers from the 2017 Northern California wildfires and the 2018 Camp Fire....
18:39, 09/13/2019

Donald Trump Somehow Lost $1 Billion in Ten Years We all know that our president is a terrible businessman, but information about his federal income tax returns obtained by the New York Times showss that he is even worse than previously thought. Between the years of 1985 and 1994, Trump lost an asto...
10:26, 05/08/2019

Facebook's $5 Billion US FTC Settlement Said to Be Announced This Week The US FTC expected to announce a roughly $5 billion settlement with Facebook as early as this week, two sources briefed on the matter said on Monday....
13:26, 07/23/2019

Hurricane Dorian could cost insurers $25 billion, UBS says Hurricane Dorian, which battered the Bahamas early on Monday, could cause insurance industry losses of up to $25 billion, according to analysts at UBS....
16:13, 09/02/2019

Universe might be 2 billion years younger: study Researchers at the Max Planck Society in Germany have said the cosmos is expanding faster than previously believed, leading them to believe the universe is significantly younger. But some are skeptical of the findings....
00:00, 09/14/2019

Carmakers Have $372 Billion Incentive To Defy Trump Trump on Wednesday lobbed baseless accusations at Ford Motor, which along with BMW, Honda Motor and Volkswagen recently sided with the Golden State. But the financial case for greener vehicles is......
20:13, 08/24/2019

NASA estimates it will need up to $30 billion for moon landing NASA has touted its bold plan to return American astronauts to the moon by 2024 for months. Now we're starting to get an idea of how much it will cost....
19:26, 06/14/2019

US to raise tariffs on $200 billion of Chinese goods up to 25% In announcing the tariff hike, US President Donald Trump complained that trade talks with China were moving "too slowly." The tariff increases on $200 billion of Chinese goods are set to start by the end of the week....
22:26, 05/05/2019

Evergrande squeezed by $53 billion in maturing debt China Evergrande Group, the property developer with dreams of becoming an electric-vehicle powerhouse, is finding it’s picked an inopportune time to load up on debt....
08:00, 09/03/2019

Huawei's $105 billion business at stake after U.S. broadside The latest U.S. broadside against Huawei that puts the Chinese firm on an exports blacklist threatens to rattle the global tech supply chain, linked closely to the $105 billion business of the world's top supplier of telecoms network equipment....
14:52, 05/16/2019

Population Of Earth To Reach 9.7 Billion In 2050: UN The world population is expected to climb to 9.7 billion in 2050 from 7.7 billion today, with the population of sub-Saharan Africa doubling, a United Nations report released Monday said....
05:00, 06/18/2019

Mexico’s Pemex gets refinancing worth $8 billion MEXICO CITY (AP) — Mexico’s heavily indebted state-owned oil company has won about $8 billion in refinancing and extended lines of credit from three private banks. Petroleos Mexicanos needed the refinancing to handle a debt that currently total...
18:13, 05/13/2019

U.S. farmers receive $8.52 billion in aid to date, USDA says The U.S. Department of Agriculture has to date paid out $8.52 billion in direct payments to American farmers as part of the 2018 aid program, designed to offset losses from trade tariffs by China and other trading partners, a spokesman for the agency...
23:00, 05/15/2019

USDA Sets Plans for $16 Billion in New Aid to Farmers The U.S. Department of Agriculture is preparing to deploy $16 billion in government funds to aid farmers hurt by the trade battle with China and wet weather that kept many from planting a crop this spring....
20:26, 07/25/2019

Spider-Man: Far From Home Is Now a Billion Dollar Movie Spider-Man: Far From Home is now a billion dollar movie, and the first Spidey movie to achieve that. The latest Marvel Cinematic Universe film has grossed $1.005 billion at the worldwide box office,......
08:13, 07/26/2019

Facebook’s Getting Slapped With a $5 Billion FTC Privacy Settlement The U.S. Federal Trade Commission approved a record privacy settlement against Facebook requiring the social media company to pay about $5 billion to resolve an investigation stemming from the Cambridge Analytica data scandal. The FTC’s settlem...
23:26, 07/12/2019

Earth’s water came from a collision 4 billion years ago Water arrived on Earth at exactly the same time that the moon was created over 4 billion years ago, according to a new study. This phenomenon is thought to have happened when an “ancient planet” called Theia smashed into Earth. Planetolog...
21:26, 05/23/2019

Facebook has taken down over 2 billion fake accounts in 2019 Facebook took down 2.19 billion fake accounts during the first quarter of 2019, the company has announced. In addition to that, Facebook said it disabled 1.2 billion fake accounts in Q4 2018. These numbers are quite staggering when you consider that....
21:26, 05/23/2019

Study finds that a GPS outage would cost $1 billion per day Enlarge / The first of the Air Force's new GPS 3 satellites launches on a SpaceX Falcon 9 rocket in December, 2018. (credit: SpaceX) Since becoming fully operational in 1995, Global Positioning System technology has become widely adopted in the Uni...
19:00, 06/14/2019

PG&E to pay $1 billion to local governments for catastrophic wildfires California utility Pacific Gas and Electric has agreed to pay $1 billion to 14 local governments for igniting several devastating wildfires that destroyed thousands of homes and nearly wiped out one town. ...
06:00, 06/19/2019

Novartis buys dry eye drug from Takeda for up to $5.3 billion Novartis is buying dry-eye drug Xiidra from Takeda Pharmaceutical Co for up to $5.3 billion as the Swiss drugmaker refreshes its ophthalmic medicines portfolio with a potential blockbuster....
14:39, 05/09/2019

Behind Brazil's $240 Billion Pension Cut, a Once-Reviled Ex-Banker House Speaker Rodrigo Maia takes the spotlight from President Jair Bolsonaro with a startling legislative victory, as the lawmaker pushes an ambitious agenda for Brazil....
20:52, 08/01/2019

FTC Approves Roughly $5 Billion Facebook Settlement The Federal Trade Commission voted this week to approve a roughly $5 billion settlement with Facebook over a long-running probe into the tech giant’s privacy missteps, according to a person familiar with the matter....
22:00, 07/12/2019

PG&E settles wildfire claims with insurers for $11 billion PG&E Corp said on Friday it has reached an $11 billion settlement to resolve most claims by insurance carriers related to 2017 and 2018 wildfires in California....
20:52, 09/13/2019

Boeing sinks to $3 billion loss on MAX groundings Boeing Co reported a nearly $3 billion second-quarter loss on Wednesday as the world's largest planemaker struggles with the prolonged grounding of its best-selling 737 MAX jet, sending its shares down 1% in premarket trading....
15:00, 07/24/2019

Almost a billion people watch esports {=~DATA!~=} My new Q3 Global Digital Statshot report – published in partnership with We Are Social and Hootsuite – reveals that almost 1 billion people around the world are already watching video game tournaments. Data from GlobalWebIndex shows ...
01:39, 07/31/2019

US trade deficit edges up to $50 billion in March WASHINGTON (AP) — The U.S. trade deficit increased slightly in March even though the deficit with China fell to the lowest point in five years. The Commerce Department said Thursday that the total deficit in goods and services edged up 1.5% to $50 bi...
16:39, 05/09/2019

German chipmaker Infineon to buy Cypress for $10 billion MADRID (AP) — German chipmaker Infineon is buying U.S.-based Cypress Semiconductor Corp. for more than $10 billion. Infineon will pay $23.85 for each outstanding share of Cypress in the deal, which is expected to close late this year or early in 2020...
15:13, 06/03/2019

Toy Story 4 is the fifth Disney movie this year to hit $1 billion Scrooge McDuck’s money-filled swimming pool is starting to get awfully filled, as Variety is reporting that Toy Story 4 has just become the fifth Disney movie this year to gross over $1 billion—breaking a record previously set by Disney itself back i...
04:52, 08/16/2019

Lawmakers pass $11.8 billion Arizona budget PHOENIX (AP) – The Latest on action at the Arizona Legislature as members rush to adjourn for the year (all times local): 9:15 p.m. Arizona has a new $11.8 billion budget after lawmakers overcame tense infighting among Republicans, who hold nar...
03:00, 05/29/2019

Apple’s $3 billion purchase of Beats has already paid off "Oh shit, the Forbes list just changed," Tyrese Gibson proclaimed in a 2014 Facebook video. "The first billionaire in hip-hop, right here from the motherfucking West Coast," Dr. Dre chimed in....
22:26, 05/28/2019

Trump says he’s adding $1.6 billion to NASA’s budget WASHINGTON (AP) — President Donald Trump says he is adding $1.6 billion to NASA’s budget “so that we can return to Space in a BIG WAY!” Trump announced the decision in a series of tweets Monday about the budget. He says that under h...
02:13, 05/14/2019

The Latest: Expert says $2 billion award likely reduced SAN FRANCISCO (AP) — The Latest on $2 billion verdict against Monsanto (all times local): 4 p.m. A law professor says it’s likely a trial judge or appellate court will significantly reduce a Northern California jury’s $2 billion punitive ...
02:13, 05/14/2019

Germany's Metro says $6.6 billion bid undervalues company Metro said that an unsolicited offer by two prominent investors to take over the German retailer substantially undervalues it and advised shareholders on Sunday to hold off on taking action until management comments further....
15:00, 06/23/2019

Palestinians reject US's €50 billion peace plan Palestinian officials have described as "abstract promises" a new $50 billion investment plan for the Palestinian economy. The Palestinian Authority will boycott a two-day peace conference in Bahrain next week....
03:00, 06/23/2019

US$84 billion? Uber is set to hit the road in this year's biggest IPO Ride-hailing company entered the final stretch of the ultimate capital-raising exercise on Friday, when it disclosed details of an initial public offering that could set its value at around US$84 billion....
19:00, 04/29/2019

Tesla closes $2.7 billion capital raise Tesla said on Wednesday it closed its $2.7 billion offering of stock and convertible notes and that it was oversubscribed, giving the electric car maker much-needed cash as it ramps up production. The electric car maker sold about $860 million in sha...
19:00, 05/08/2019

SoftBank Plans for Second $100 Billion Vision Fund Less than two years after the Vision Fund’s launch, the Japanese company has deployed most of its money, investing in the world’s most valuable technology companies, including Uber and WeWork....
11:39, 05/09/2019

Americans to spend $1 billion on beer this 4th of July Nevada will become the first state to ban employers from rejecting job applicants because of failed drug tests. Veuer’s Natasha Abellard has the story.       ...
01:52, 07/04/2019

Prudential buys Assurance IQ for $2.35 billion in new tech bet Prudential Financial Inc is set to buy online insurance startup Assurance IQ Inc for $2.35 billion, the latest in a series of moves by traditional insurers to up investment in technology and data crunching by buying Silicon Valley startups....
05:52, 09/06/2019

Qatar Will Invest $3 Billion In Pakistan: Report Qatar is making $3 billion worth of new investments in Pakistan, in the form of deposits and direct investments, the Qatari state news agency QNA said on Monday....
05:00, 06/25/2019

The Latest: House OKs $19.1 billion disaster aid bill WASHINGTON (AP) — The Latest on the House vote on a $19.1 billion disaster aid bill (all times local): 7 p.m. The House has given final approval to a long-delayed $19.1 billion disaster aid bill. That clears the way for the measure to be sent to Pres...
02:00, 06/04/2019

LSE's $27 billion deal rehabilitates Refinitiv debt Financial data firm Refinitiv's $13.5 billion debt, once described as having some of the weakest-ever investor protections typical of the frothy peak of the credit cycle, is being rehabilitated by its $27 billion merger with the London Stock Exchange...
22:52, 08/01/2019

U.S. clears SoftBank's $2.25 billion investment in GM's Cruise SoftBank has come under increasing U.S. scrutiny over its ties to Chinese firms in the face of an escalating trade and technology war between Washington and Beijing....
15:52, 07/06/2019

GM's Cruise Receives $1.2 Billion Equity Investment General Motors’ Cruise division has landed another $1.2 billion in outside financing, bringing the value of the driverless-car developer to $19 billion....
16:39, 05/07/2019

| Population of Earth to reach 9.7 billion in 2050: UN The world population is expected to climb to 9.7 billion in 2050 from 7.7 billion today, with the population of sub-Saharan Africa doubling, a United Nations report released Monday said....
00:39, 06/19/2019

Startup that owns TikTok now has one billion users ByteDance, the Beijing-based startup behind popular short video platform TikTok, has amassed more than one billion monthly active users across its apps....
16:00, 06/20/2019

China Announces New Tariffs on $75 Billion in U.S. Goods (BEIJING) — China on Friday announced tariff hikes on $75 billion of U.S. products in retaliation for President Donald Trump’s latest planned increase, deepening a conflict over trade and technology that threatens to tip a weakening globa...
20:26, 08/23/2019

SoftBank Invests in an Opaque $100 Billion Industry More and more companies are using intermediaries like Greensill to pay their suppliers early. It’s a part of accounting in desperate need of transparency....
12:52, 05/15/2019

Novartis buys Takeda's dry eye drug for $3.4 billion Swiss drugmaker Novartis AG said on Wednesday it agreed to acquire Takeda Pharmaceutical Company Ltd's dry eye drug Xiidra for $3.4 billion, as well as potential milestone payments of up to $1.9 billion, to expand its portfolio of eye care medicines....
02:26, 05/09/2019

Hasbro Picks Up Peppa Pig in $4 Billion Deal Hasbro is making a big bet on entertainment aimed at young children by acquiring Entertainment One for $4 billion in cash. Executives cite Peppa Pig as a brand that generates strong earnings from the likes of live shows, theme parks, toys and televis...
13:13, 08/23/2019

'No deal' Brexit would cost at least $16 billion in UK sales to the EU: U.N. Leaving the European Union without a trade deal would cost Britain at least $16 billion in lost EU sales, and probably far more after accounting for indirect effects and other markets, a report by the U.N. trade agency UNCTAD said on Tuesday....
02:52, 09/04/2019

Pakistan thanks Qatar for planned $3 billion investment ISLAMABAD (AP) — Islamabad has thanked Qatar for the $3 billion investment in Pakistan announced by the energy-rich Gulf Arab nation’s ruler. Abdul Hafeez Shaikh, economic adviser to Pakistani prime minister, tweeted Pakistan’s thanks on ...
09:39, 06/25/2019

IBM closes $34 billion Red Hat acquisition: Now it's time to deliver Red Hat is now part of IBM and the two companies made sure customers, developers and partners all knew about the commitment to open source, developer programs and multi-cloud deployments....
18:52, 07/09/2019

Infineon to Buy Cypress Semiconductors in $10 Billion Deal Infineon has agreed to buy Cypress Semiconductors in a deal valuing the US maker of microchips used in cars and electronic devices at 9 billion euros ($10.1 billion), including debt....
15:52, 06/03/2019

China to hike tariffs on $60 billion of US goods China said the move was a "response to US unilateralism." Recent talks to end the trade spat between the world's two largest economies ended without a breakthrough last week....
21:52, 05/13/2019

DowDuPont to take $800 million to $1.3 billion charge in the second quarter DowDuPont said it expects to book an pretax charge of $800 million to $1.3 billion for the April-June quarter, resulting from changes in valuation of assets in the wake of a drop in ethanol prices and weak demand for its biomaterial products....
14:13, 05/29/2019

China Mobile to set up $4 billion 5G industry fund China's largest telecommunications operator China Mobile said on Tuesday it will set up a 30 billion yuan ($4.36 billion) 5G industry fund and has already raised the first installment of 7-10 billion yuan....
11:26, 06/25/2019

US Advances $8 Billion Sale Of F-16 Fighters To Taiwan The White House has advanced a proposal to sell $8 billion worth of advanced F-16 fighter jets to Taiwan, a move that would likely anger strategic rival Beijing, a senior US senator confirmed Friday....
21:13, 08/16/2019

$5 billion fine is a 'bargain' for Facebook, top US senators say A bipartisan letter published Monday puts additional pressure on the FTC as it weighs steps to punish Facebook for mishandling users' personal information....
15:26, 05/07/2019

Cyprus says it stands to gain $9 billion from gas field NICOSIA, Cyprus (AP) — Cyprus’ energy minister says the east Mediterranean island nation stands to gain more than $9 billion over 18 years from the export of gas from its offshore ‘Aphrodite’ field. Georgios Lakkotrypis said Wednesd...
14:39, 06/05/2019

What Apple Has Bought For $1 Billion, It's Second-Largest Deal Ever Intel shares rose 5.7 per cent to $55.05 after the news and the company's report that its earnings beat analysts' expectations. Apple shares edged up 0.1 per cent to $207.29....
04:26, 07/27/2019

FTC to Announce $5 Billion Facebook Settlement as Soon as This Week The Federal Trade Commission is expected to announce as soon as this week a settlement with Facebook over the company’s privacy practices, according to people familiar with the matter....
20:00, 07/22/2019

Brazil's Bolsonaro says government must cut another 2.5 billion reais President Jair Bolsonaro said on Saturday that Brazil's federal government will need to cut its budget by 2.5 billion reais ($667 million) next week, website UOL reported, as weak economic growth continues to squeeze revenue....
00:13, 07/21/2019

Crackdown targets scammers behind 1 billion robocalls Federal authorities announced a major crackdown on dozens of robocallers responsible for about 1 billion robocalls. The effort, dubbed “Operation Call it Quits,” included actions by the Federal Trade Commission and 25 additional federal, ...
23:39, 06/26/2019

$42 Billion Slump For India's Auto Sector - And It May Not Be Over A gauge of automobile companies has fallen 30 percent since reaching a record in December 2017, and is the worst-performer among 19 sector indexes in the nation's equity market this year. That's as......
11:26, 05/03/2019

IBM gains unconditional EU approval for $34 billion Red Hat deal U.S. tech giant International Business Machines Corp on Thursday won unconditional EU antitrust approval for its $34 billion acquisition of software company Red Hat ....
17:00, 06/27/2019

Tesla Looks to Raise as Much as $2.3 Billion in Debt and Equity Tesla is looking to raise as much as $2.3 billion through a bond sale and public offering of its shares, after a worse-than-expected quarter heightened concerns about the company’s cash on hand....
15:13, 05/02/2019

Trump Threatens China With Further $300 Billion Of Tariffs U.S. President Donald Trump threatened to hit China with "at least" another $300 billion of tariffs but said he thought both China and Mexico wanted to make deals in their trade disputes with the......
13:26, 06/06/2019

Senate Approves $4.6 Billion for Border With Few Restrictions The Republican-controlled Senate rejected a House border bill that reined in Trump immigration policies, then passed its own version with few strings attached....
21:39, 06/26/2019

San Francisco makes $2.5 billion bid for PG&E's electric system The city of San Francisco has offered to buy PG&E Corp's power lines and other electrical system infrastructure serving the city for $2.5 billion, according to the utility, which sought Chapter 11 bankruptcy protection in January....
02:52, 09/09/2019

Exact Sciences to buy Genomic Health for $2.8 billion Cancer diagnostics company Exact Sciences Corp said on Monday it will buy healthcare company Genomic Health Inc for about $2.8 billion to bolster its cancer testing business....
15:39, 07/29/2019

Applied Materials to Buy Kokusai Electric From KKR for $2.2 Billion Applied Materials said it is acquiring Kokusai Electric, a producer of semiconductor manufacturing equipment, for $2.2 billion from global investment firm KKR....
14:52, 07/01/2019

Salesforce to Buy Analytics Platform Tableau for More Than $15 Billion Salesforce.com agreed to buy data-analytics platform Tableau Software for more than $15 billion in stock, a deal aimed at expanding the business-software firm’s digital offerings beyond customer-relationship management tools....
20:26, 06/10/2019

NBA free agency: Roughly $3 billion spent on Day 1 The first day of NBA free agency was one of the wildest in recent memory, as roughly $3 billion — yes, billion — in new contract money was agreed to.       ...
16:39, 07/01/2019

U.S. seeks $12.7 billion from ‘El Chapo’ — the value of all the drugs he trafficked The sum represents the total amount of cocaine, marijuana and heroin that a jury found Guzman to have trafficked, multiplied by the average prices of those drugs, according to a filing by prosecutors in Brooklyn federal court....
05:40, 07/06/2019

$5 billion Facebook, FTC deal could add more privacy oversight While previous rumors about a possible settlement between Facebook and the FTC over its privacy failings focused on dollar figures and CEO Mark Zuckerberg, Politico reports that it could also create new executive positions. That could mean "appointin...
12:00, 05/02/2019

SoftBank planning IPO of $100 billion Vision Fund: WSJ Japan's SoftBank Group Corp is considering an initial public offering of its $100 billion Vision Fund, the Wall Street Journal reported on Friday, citing people familiar with the matter....
15:52, 05/03/2019

Slack IPO starts trading at $38.50 for $23 billion valuation Slack's IPO started with a bang as the first trade was priced at $38.50, giving the company a $23 billion valuation, well above the expected $16 billion.Read More...
23:41, 06/20/2019

GateHouse Media Parent to Buy Gannett for $1.4 Billion The country’s two largest newspaper chains agreed to combine their businesses in a roughly $1.4 billion deal, further consolidating an industry reeling from strong economic headwinds....
12:39, 08/06/2019

5G auction in Germany raises €6.5 billion from four telcoms After hundreds of rounds of bidding over nearly three months, Germany raised more than expected from its 5G spectrum auction. Auction winners will have to supply households with fast internet and share their networks....
09:26, 06/13/2019

US fines Facebook $5 billion for privacy violations The US Federal Trade Commissions has said it would also place new oversight and restrictions on Facebook. It is the largest fine that the FTC has ever imposed on a technology company....
19:26, 07/24/2019

Uber's First-Quarter Loss Tops $1 Billion The ride-hailing company’s loss topped $1 billion in its first quarterly report as a public company, affirming its continuing challenge of spending heavily to fend off ride-hailing and delivery rivals....
23:26, 05/30/2019

UK's Reckitt Benckiser to pay up to $1.4 billion to end Indivior probe Britain's Reckitt Benckiser (RB) said it would pay up to $1.4 billion to resolve all U.S. federal investigations into the firm in connection with the sales and marketing of Suboxone Film by its former prescription pharmaceuticals business Indivi...
11:39, 07/11/2019

Pepsi Expands in Africa With $1.7 Billion Deal PepsiCo has agreed to pay $1.7 billion to buy South Africa’s Pioneer Foods, as the beverage giant looks to expand and accelerate its growth in sub-Saharan Africa....
18:13, 07/19/2019

One in a billion: Why Virat Kohli represents a 'new India' In a country where cricket's unifying importance is tantamount to that of religion, the role of leading India into a World Cup comes with a certain divinity -- both an unrivaled privilege and the not insubstantial pressure of carrying the weight of a...
13:00, 05/22/2019

WeWork lost $1.9 billion last year, but it's considering going public The We Company, parent company of WeWork, is the latest in a string of richly valued start-ups set to go public this year. But though it is valued at $47 billion, it's far from turning a profit. Instead, it's hemorrhaging cash....
17:13, 05/18/2019

Simjacker attack could affect a billion smartphones A new SIM card flaw has been discovered by security researchers who say that more than a billion smartphones could be at risk as threat actors are currently exploiting it in the wild.The vulnerability, called Simjacker, was found in mobile SIM cards ...
01:13, 09/14/2019

What a $20 billion week signals for data and analytics When $20 billion gets spent to acquire two companies in the same market segment within a few days, it's clear that a fundamental market shift is upon us.Read More...
13:13, 06/17/2019

How Russia contaminated $2.7 billion of oil exports to Europe It was a quiet Easter holiday at the offices of major European oil companies and refiners when an email in Russian landed. "What the hell does it say?" one manager recalled thinking as he sent it to his Moscow office for translation....
21:13, 04/30/2019

Swiss Re plans $4.5 billion IPO for UK unit to help expansion Swiss Re is pressing ahead with plans to float its $4.5 billion UK life insurance business in London to put it under a more favorable regulatory regime and give it easier access to capital to fund its expansion....
11:39, 06/07/2019

FCA completes sale of Magneti Marelli for $6.5 billion Fiat Chrysler Automobiles has completed the sale of supplier Magneti Marelli to Calsonic Kansei for $6.5 billion, slightly below the initial price tag due to the unit's changed financial position....
04:26, 05/03/2019

Mozambique Says It Needs $3.2 Billion to Recover After Deadly Cyclones (JOHANNESBURG) — Mozambique says it needs $3.2 billion to recover from a pair of powerful tropical cyclones that ripped into the southern African nation earlier this year and left hundreds dead, raising alarm about the effects of climate change...
13:26, 05/30/2019

Huawei says it got over $1.4 billion in licensing revenue since 2015 Huawei Technologies said it has received over $1.4 billion in licensing revenue since 2015 and paid more than $6 billion in royalties to legally implement intellectual property of other companies....
07:52, 06/27/2019

India's PNB says detects 38 billion rupee fraud India's state-run Punjab National Bank (PNB) on Saturday said it had reported a borrowing fraud of 38.05 billion Indian rupees ($556 million) in Bhushan Power & Steel Ltd's account to the country's central bank....
00:00, 07/07/2019

Salesforce to buy Tableau Software in $15.3 billion deal Salesforce.com said on Monday it would buy big data company Tableau Software for $15.3 billion in an all-stock deal, marking the biggest acquisition in the company’s history. Tableau shareholders will get 1,103 Salesforce shares, valuing the offer at...
15:13, 06/10/2019

US seeks $12.7 billion from drug lord 'El Chapo' Citing years of narcotics trafficking, US prosecutors have called for "El Chapo" to forfeit billions in drug money. But his lawyer dismissed the request, saying "the government has never located or identified a penny."...
06:01, 07/06/2019

SoftBank Considers IPO for $100 Billion Vision Fund SoftBank is considering audacious fundraising plans, including a public offering of its $100 billion investment fund and the launch of a second fund of at least that size, as it looks to seize on an exploding startup scene....
17:26, 05/03/2019

US threatens EU with $4 billion worth of additional tariffs Just days after reaching a truce over trade with China, the US government on Monday increased pressure on Europe in a long-running dispute over aircraft subsidies....
05:13, 07/02/2019

Google Photos hit a billion users in just over four years Google has confirmed Google Photos now has more than a billion users. It surpassed the milestone earlier this summer, a little over four years after it unveiled Photos, Google told Fast Company in a profile of the service....
18:39, 07/24/2019

Qualcomm Scored $4.5 Billion or More in Settlement With Apple Semiconductor and telecommunications equipment manufacturer Qualcomm said on Wednesday it will take home a one-time payment of between $4.5 billion to $4.7 billion from its settlement with tech giant Apple over the next quarter, the New York Times re...
05:26, 05/02/2019

Sri Lanka In Talks With China For $1 Billion Loan Sri Lanka is seeking a loan of nearly $1.0 billion from China for energy and highways as the island recovers from the devastating Easter Sunday bombings, the finance ministry said Thursday....
17:52, 06/20/2019

France’s Dassault to acquire Medidata for $5.8 billion French software company Dassault Systems says it will buy U.S.-based Medidata Solutions for $5.8 billion in cash. Dassault said Wednesday that it was offering of $92.25 for each share of Medidata, slightly less than its $94.75 closing price on Tuesda...
11:26, 06/12/2019

Constitutionality of $16 billion of Illinois bonds challenged The sale of $10 billion of general obligation bonds in 2003 and $6 billion in 2017 by Illinois was unconstitutional because the proceeds were used for loans to the state's pension funds or to finance budget deficits, according to a court filing on Mo...
00:52, 07/02/2019

Billion-year-old fossils may be early fungus Enlarge (credit: Loron, et. al.) When did the first complex multicellular life arise? Most people, being a bit self-centered, would point to the Ediacaran and Cambrian, when the first animal life appeared and then diversified. Yet studies of DNA su...
02:52, 05/23/2019

Berkshire Investing $10 Billion in Occidental to Help Anadarko Bid Berkshire Hathaway agreed to invest $10 billion in Occidental Petroleum to help finance its bid for Anadarko Petroleum and beat back a rival offer from Chevron....
16:26, 04/30/2019

Facebook could be fined up to $5 billion by the FTC due to privacy violations Facebook has been dealing with one privacy-related scandal after another for more than a year now, a reality that’s about to present the social networking company with a seriously heavy financial penalty. The company shared its first quarter re...
21:00, 05/02/2019

For 5G, AT&T and T-Mobile buy $1.8 billion worth of 24GHz spectrum across US Enlarge (credit: Getty Images | SOPA Images) AT&T and T-Mobile committed to spend nearly $1.8 billion, combined, on high-frequency spectrum for their 5G networks in a Federal Communications Commission auction that sold airwave licenses covering the...
23:39, 06/05/2019

Huawei's US ban may cost $30 billion, but it vows to rebound If you were wondering what the short-term cost of America's war with Huawei was, then your estimates can begin at the $30 billion mark. That's the figure Huawei chief Ren Zhengfei mentioned earlier today when discussing the hit his company ...
12:13, 06/17/2019

U.S. House passes $4.5 billion border aid bill The U.S. House of Representatives on Tuesday approved a $4.5 billion aid package to address the migrant surge along the U.S.-Mexico border, including new standards for migrants in custody following reports of poor conditions facing young children at ...
08:26, 06/26/2019

Trump signs $4.6 billion border aid package President Donald Trump signed a $4.6 billion aid package on Monday to help the federal government cope with the surge of Central American immigrants at the U.S.-Mexico border. (July 1)        ...
03:52, 07/02/2019

Aramco Bulks Up on Refining With $15 Billion Deal Saudi Aramco is buying a stake in Reliance’s energy business, worth some $15 billion including debt, a move that would help match its enormous crude production with refining capacity, as it gears up for its planned IPO....
03:00, 08/13/2019

EU clears Vodafone's $22 billion Liberty deal Brussels gave its blessing to Vodafone's $22 billion purchase of Liberty Global's cable networks in Germany and central Europe, clearing the way for the British company to become Europe's largest mobile, broadband and TV provider....
15:39, 07/18/2019

Microsoft invests $1 billion in OpenAI, which is going all-in on Azure OpenAI, a company working on AI for the public good, is committing to build with Microsoft new Azure AI supercomputing technologies, and getting a $1 billion infusion from Microsoft as part of the arrangement....
17:13, 07/22/2019

Hewlett Packard Enterprises to Buy Cray for $1.3 Billion Hewlett Packard Enterprise agreed to buy supercomputer maker Cray in a deal valued at about $1.3 billion, as part of efforts to invest in high-performance computing....
16:52, 05/17/2019

Islanders get approval for $1.3 billion arena project The New York state board responsible for economic development has approved a $1.3 billion project to build 19,000-seat arena that will be the new home of the New York Islanders as well as a 350,000-square-foot entertainment complex, according to a re...
22:39, 08/09/2019

Salesforce bets on big data with $15.3 billion Tableau buy Salesforce.com Inc agreed on Monday to buy big data firm Tableau Software Inc for $15.3 billion, adding muscle in its fight with Microsoft Corp for a bigger share of the market that helps businesses target customers with tools to analyze and visualiz...
01:13, 06/11/2019

Huawei Expects $30 Billion Revenue Hit From U.S. Clampdown The U.S. campaign against Huawei is taking a toll, with the company’s founder forecasting a hit to revenue of about $30 billion over the next two years....
15:26, 06/17/2019

Mozambique seeks $3.2 billion to recover from cyclones JOHANNESBURG — Mozambique says it needs $3.2 billion to recover from a pair of powerful tropical cyclones that ripped into the southern African nation earlier this year and left hundreds dead, raising alarm about the effects of climate change on coas...
11:13, 05/30/2019

Just Eat and Takeaway.com agree terms of $10 billion merger European online food delivery rivals Takeaway.com and Just Eat said on Monday they had agreed in principle to create one of the largest players in the sector globally through an 8.2 billion pounds all-share deal....
16:26, 07/29/2019

PG&E to float $31 billion restructuring plan: Bloomberg Power producer PG&E Corp will propose a $31 billion bankruptcy restructuring plan that will include two funds worth a total of $34 billion to cover past and future wildfire claims, Bloomberg reported https://twitter.com/scottdeveau/status/11421179956...
20:39, 06/21/2019

Goldman has a strategy to play the trade war that divides the stock market, pitting Amazon vs Apple 'Service' companies like Amazon will fare better than 'goods' makers like Apple during a trade war, Goldman Sachs said in a note on Tuesday....
17:13, 05/08/2019

The coolest Amazon accessory is finally back in stock—and it's crazy cheap right now The Echo Wall Clock is Amazon's best-kept secret, and now this smart clock is finally back in stock and discounted for the first time.        ...
22:00, 05/23/2019

Amazon's Bezos says businesses must have 'passion' At a conference in Las Vegas, Amazon CEO Jeff Bezos stressed the importance of bringing passion to his business and taking risks, emphasizing the need to embrace failures and not always needing to be right. (June 6)       &...
04:13, 06/07/2019

Alibaba to buy luxury e-commerce business from Netease for $2 billion Alibaba Group Holding Ltd will buy e-commerce business Kaola from Chinese gaming company NetEase Inc for $2 billion, adding a platform that specializes in supplying luxury goods from abroad to Chinese consumers....
05:52, 09/06/2019

China needs nearly $440 billion to clean up rural environment: report China will need to spend 3 trillion yuan ($440 billion) over three years to improve village sanitation and clean up its heavily polluted rural environment, the official People's Daily reported on Saturday, citing government officials....
13:52, 06/22/2019

Buffett's Berkshire to invest $10 billion in Occidental for Anadarko buy Warren Buffett's Berkshire Hathaway Inc will put $10 billion behind Occidental Petroleum Corp's bid as it tries to see off competition from Chevron Corp to buy smaller rival Anadarko Petroleum Corp....
15:52, 04/30/2019

New Media to buy USA Today-owner Gannett in $1.4 billion deal Fortress Investment Group-backed New Media Investment Group said on Monday it will buy USA Today-owner Gannett Co in a $1.4 billion deal, combining two of the biggest U.S. daily newspapers....
21:52, 08/05/2019

Boeing wins $5.7 billion U.S. defense contract -Pentagon Boeing Co has been awarded a $5.7 billion U.S. defense contract for post-production requirements for the KC-46 Pegasus aircraft, the Pentagon said on Monday. (Reporting by Eric Beech)...
23:39, 04/29/2019

Vodafone offloads NZ business to Brookfield, Infratil for $2.36 billion Vodafone Group Plc said on Monday that it had agreed to sell its New Zealand business for about 2.1 billion euros ($2.36 billion) to a consortium comprising of New Zealand-based Infratil Ltd and Canada's Brookfield Asset Management....
23:13, 05/13/2019

US Approves Possible $8 Billion Fighter Jet Sale To Taiwan: Pentagon The US State Department has approved a possible $8 billion sale of F-16 fighter jets to Taiwan, the Defense Security Cooperation Agency said on Tuesday in an official notification to Congress....
08:39, 08/21/2019

Facebook to pay record $5 billion fine over privacy violations Facebook has agreed to pay a record-smashing $5 billion fine to resolve a government investigation into its privacy practices, the Federal Trade Commission announced Wednesday. The FTC voted 3-2 along party lines with Republicans in favor to adopt th...
16:52, 07/24/2019

Trump's claims of '$100 billion' in Chinese tariff payments just don't add up President Donald Trump on Friday claimed his latest round of import tariffs on Chinese goods will force China to pay "$100 billion" to the U.S. Treasury. In fact, the burden of higher tariffs will ultimately fall on American consumers....
22:13, 05/10/2019

China announces retaliatory tariffs on $60 billion in U.S. goods China announced Monday it will raise tariffs on $60 billion in U.S. goods in response to the Trump administration raising tariffs on $200 billion in Chinese products....
22:13, 05/13/2019

Satellites could save Americans $30 billion on internet bills Upcoming satellite technology could lower prices for internet services, a new report predicts. Low Earth Orbit (LEO) satellites from Elon Musk’s SpaceX Starlink project and Jeff Bezos’ Project Kuiper could save American households more than $30 billi...
23:52, 05/13/2019

SoftBank reportedly committing $40 billion to its second Vision Fund SoftBank Group will invest $40 billion in its forthcoming second Vision Fund, the Wall Street Journal reported on Wednesday. SoftBank's board will meet on Thursday to approve the commitment....
17:26, 07/25/2019

Deutsche Bank blames restructuring for €3.1 billion Q2 loss The German lender has reported a bigger loss than predicted last month when it announced a major business overhaul. The troubled bank says it would be profitable if not for the restructuring costs....
19:26, 07/24/2019

Big Oil undermines U.N. climate goals with $50 billion of new projects: report Major oil companies have approved $50 billion of projects since last year that will not be economically viable if governments implement the Paris Agreement on climate change, think-tank Carbon Tracker said in a report published on Friday....
04:00, 09/06/2019

United Technologies, Raytheon merging into $120 billion firm United Technologies agreed on Sunday to combine its aerospace business with US contractor Raytheon and create a new company worth about $121 billion, in what would be the sector’s biggest ever merger. The deal would reshape the competitive landscape ...
17:00, 06/10/2019

Trump says U.S. farmers to get $15 billion in aid amid China trade war President Donald Trump said on Monday that his administration was planning to provide about $15 billion in aid to help U.S. farmers whose products may be targeted with tariffs by China amid a deepening trade war....
23:13, 05/13/2019

Struggling Deutsche Bank suffers $3.5 billion loss Deutsche Bank reported a bigger-than-forecast quarterly loss of 3.15 billion euros ($3.5 billion), underlining the challenges it faces as it attempts to turn around its struggling business. Deutsche Bank had this month flagged it would lose around 2....
21:26, 07/24/2019

Disaster aid bill worth $19.1 billion blocked again in House The U.S. House of Representatives on Tuesday failed again to pass a $19.1 billion disaster aid bill supported by President Donald Trump after a Republican lawmaker objected to the measure....
23:52, 05/28/2019

Bayer to invest $5.6 billion in new weed killing methods BERLIN (AP) — German chemical and pharmaceutical company Bayer says it plans to invest some 5 billion euros ($5.6 billion) over the next decade in developing “additional methods to combat weeds.” Friday’s announcement came as Bayer ...
12:26, 06/14/2019

Roche names new head of $13 billion diagnostics unit Swiss drugmaker Roche on Tuesday named a new head of its $13-billion-per-year diagnostics business and also said board member Peter Voser is stepping down to focus on his expanded duties as interim head of Swiss engineering group ABB....
11:39, 06/11/2019

New Zealand Unveils New "Wellbeing" Budget With $2.5 Billion Spending New Zealand on Thursday unveiled a $2.5-billion-dollar spending package under its 'wellbeing' budget, prioritising mental health and alleviating child poverty, as it rolled out a new approach to......
16:26, 05/30/2019

"Cutting Back" $1.3 Billion Aid Improved Relations With Pak: Trump President Donald Trump has said the US' ties with Pakistan have improved after he cut USD 1.3 billion in security assistance to Islamabad for not doing enough to rein in terror groups operating in the......
23:13, 08/19/2019

Investors pull $1.5 billion from India equities so far in July: IIF Non-residents have pulled about $1.5 billion from Indian equities so far in July, reversing a strong trend of inflows in previous months, data from the Institute of International Finance showed on......
02:39, 07/25/2019

US FTC Said to Approve $5-Billion Facebook Fine Over Privacy Issues The US Federal Trade Commission approved a roughly $5 billion settlement with Facebook this week over its investigation into the social media company's handling of user data....
07:26, 07/13/2019

House Democrats unveil $4.5 billion border measure WASHINGTON (AP) — House Democrats have unveiled a $4.5 billion measure to respond to the growing humanitarian crisis at the southern border and to the government’s responsibility to care for tens of thousands of people seeking safe harbor under...
20:26, 06/21/2019

WeWork looking for $2.75 billion credit line ahead of IPO: Bloomberg Workspace operator WeWork Cos is in talks with banks to raise $2.75 billion in debt ahead of its initial public offering, Bloomberg reported on Wednesday, citing people familiar with the matter....
20:52, 05/29/2019

Canada's WestJet to be taken private in C$3.5 billion cash deal Canada's second biggest carrier WestJet Airlines Ltd on Monday accepted a C$3.53 billion ($2.63 billion) buyout offer from private equity fund Onex Corp, ending a two-month long strategic review....
16:00, 05/13/2019

Gazprom gets bids worth $3.15 billion for sale of own shares Gazprom , the world's biggest conventional gas producer, said on Thursday it had received bids worth 198.89 billion roubles ($3.15 billion) for 3% of its own shares that it is selling into the market....
17:52, 07/25/2019

‘Emotion detection’ AI is a $20 billion industry. New research says it can’t do what it claims. In just a handful of years, the business of emotion detection — using artificial intelligence to identify how people are feeling — has moved beyond the stuff of science fiction to a $20 billion indust......
20:00, 07/31/2019

Buyout Firms Seek to Acquire Symantec for More Than $16 Billion Symantec has received interest from a pair of private-equity suitors seeking to buy the cybersecurity firm after it agreed to a sale of a big chunk of its business....
04:52, 09/07/2019

Ray-Ban Maker Strikes $6.1 Billion Deal for European Rival EssilorLuxottica agreed to buy control of European rival GrandVision for about $6.1 billion, in a move that would further cement the Ray-Ban maker’s global position as the leading manufacturer and retailer of eyewear and lenses....
22:00, 07/31/2019

The Latest: China To Hike Tariffs On $60 Billion In US Goods BEIJING (AP) — The Latest on the tariffs battle between China and the United States (all times local): 9 p.m. China has announced it is raising tariffs on $60 billion in U.S. goods in retaliation for the latest penalties on its exports announced by t...
15:26, 05/13/2019

Chinese Billionaire Indicted for Evading Nearly $2 Billion in Tariffs A powerful Chinese billionaire has been indicted by a federal grand jury on charges that he evaded nearly $2 billion in tariffs as part of a conspiracy to smuggle massive quantities of aluminum into the U.S....
21:13, 07/31/2019

Plate tectonics began nearly 2 billion years before we thought Earth’s continents may have been shifting for 2.5 billion years, according to a study of ancient rocks that finds plate tectonics evolved far earlier than we thought...
21:26, 08/07/2019

GateHouse Media Owner to Acquire Gannett for $1.4 Billion The combined companies, which will publish more than 260 daily newspapers in the United States, expect to save money and speed up their transition to digital media....
22:39, 08/05/2019

Warren Calls for $85 Billion Investment in Public Broadband Democratic presidential candidate Elizabeth Warren is calling for an $85 billion investment in publicly owned and operated broadband networks to expand internet access across the country....
20:13, 08/07/2019

Study finds the universe might be 2 billion years younger New calculations suggest the universe could be a couple billion years younger than scientists now estimate -- and even younger than suggested by two other calculations published this year that trimmed hundreds of millions of years from the age of the...
11:13, 09/14/2019

China's Central Bank to Free Up $126 Billion for Lending The People’s Bank of China plans to reduce the amount of reserves that commercial banks are required to keep with the central bank by half a percentage point as the world’s second-largest economy faces increasing pressure from a trade war with the U....
14:39, 09/06/2019

U.S. to pay farmers $15-$150 per acre from August, part of $16-billion trade aid The U.S. government will pay American farmers between $15 to $150 per acre starting from mid- to late-August, Department of Agriculture officials said on Thursday, as part of its $16-billion aid package to compensate those hurt by the trade war with ...
21:39, 07/25/2019

Australian government set to secure support for $110 billion tax cut plan Australia's conservative government looked set to secure the required support on Thursday to pass A$158 billion ($110.47 billion) worth of tax cuts over the next decade, a fillip to an economy that is threatening to stall....
04:00, 07/04/2019

Naspers Listing Looks to Unlock Value in $122 Billion Tencent Stake Africa’s most valuable company said it will move forward with plans to list its massive internet assets in Amsterdam, a bid to reduce the discount its shares trade at relative to the value of its $122 billion stake in Tencent....
15:00, 05/29/2019

Pentagon shifts another $1.5 billion for Trump’s border wall (CNN) — The Pentagon has diverted an additional $1.5 billion in Defense Department funds from various accounts in order to fund President Donald Trump’s border wall, acting Defense Secretary Patrick Shanahan told reporters Friday. He said the m...
07:00, 05/11/2019

Boeing wins $5.7 billion U.S. defense contract - Pentagon Boeing Co has been awarded a $5.7 billion U.S. defense contract for post-production requirements for the KC-46 Pegasus aircraft, the Pentagon said on Monday....
00:00, 04/30/2019

Here’s Why Apple Just Spent $1 Billion to Buy Intel’s Modem Business Apple is buying Intel’s struggling cellular modem unit, bringing on key engineering talent and patents that will allow the technology giant to more quickly develop crucial components to connect its devices to the mobile internet. The deal is va...
23:00, 07/25/2019

Here’s how much Binance paid to move $1.26 billion worth of Bitcoin Cryptocurrency exchange Binance moved a gut-wrenching $1.26 billion worth of Bitcoin today – and it paid just $124.60 in network fees for the service. The epic transfer was signaled by Binance CEO Changpang Zhao earlier this morning in a tweet. We wi...
00:52, 05/30/2019

China Says It Will Impose Tariffs On $60 Billion Worth Of US Goods China said Monday it will impose tariffs on $60 billion worth of US goods from June 1, in apparent retaliation after Washington announced plans to tax almost all Chinese imports....
20:00, 05/13/2019

California governor proposes a $21 billion wildfire fund California Governor Gavin Newsom has proposed helping utilities create a fund of up to $21 billion to compensate future victims of wildfires sparked by the companies' equipment or employees, an aide said on Friday....
04:39, 06/22/2019

FTC hits Facebook officially with record $5 billion fine The Federal Trade Commission charged Facebook on Wednesday a record-breaking $5 billion penalty for violating a 2012 order by the commission related to fooling users about their ability to control privacy....
00:39, 07/25/2019

Brazil Will Give Workers Up to $8 Billion to Spur Growth President Jair Bolsonaro will allow Brazilians early access this year to as much as 30 billion reais in funds normally set aside for the unemployed in an effort to spur the country’s moribund economy....
02:26, 07/25/2019

Lloyds warns mis-selling could cost it an extra $2.2 billion Lloyds Banking Group will set aside up to an extra 1.8 billion pounds ($2.2 billion) to settle mis-selling claims in Britain's costliest consumer banking scandal, and said it was suspending its 2019 share buyback program....
11:39, 09/09/2019

Fiat Chrysler to spend $2 billion on CO2 fines and credits The $2 billion to be spent by FCA in fines and credit purchases over three years compares with $10 billion that it plans to invest in EVs within the 2018-22 business plan....
18:13, 05/11/2019

China Hits Back With Tariffs on $60 Billion in U.S. Goods China fired back at the U.S. Monday, raising tariffs on roughly $60 billion worth of U.S. goods in retaliation for President Trump’s decision to escalate tariffs on Chinese imports....
19:00, 05/13/2019

FDA approves ‘female Viagra,’ could tap potential $1 billion market Vyleesi, chemically known as bremelanotide, activates pathways in the brain involved in sexual desire, helping premenopausal women with hypoactive sexual desire disorder (HSDD)....
03:52, 06/22/2019

Bayer to invest $5.6 billion in weedkiller research to help reputation Germany's Bayer sought to repair its reputation on Friday after damage caused by U.S. litigation over claims its glyphosate pesticide causes cancer, saying it would invest 5 billion euros ($5.6 billion) in weedkiller research....
15:26, 06/14/2019

IMF Approves USD 6 billion Loan For Pakistan With Tough Conditions The IMF has approved a three-year USD 6 billion loan for cash-strapped Pakistan with tough conditions to address its balance of payment crisis and help the country's ailing economy return to......
14:39, 07/04/2019

Hurricane Dorian will cause insurance losses of at least $25 billion: analysis Hurricane Dorian will cause insurance industry losses of at least $25 billion, according to analysts at Swiss investment bank UBS Group AG. But if the Category 5 storm hits the eastern coast of Florida, it could inflict losses of up to $40 billion, a...
18:13, 09/02/2019

Sprint, T-Mobile win U.S. antitrust approval for $26 billion merger T-Mobile US Inc won U.S. antitrust approval for its $26 billion takeover of rival Sprint Corp, the Justice Department said Friday, clearing a major hurdle to a deal that merges the nation's third and fourth largest wireless carriers....
02:52, 07/27/2019

Nvidia’s Q1 revenues down 31% to $2.22 billion, beating modest estimates Nvidia reported earnings and revenues that were well below last year's figures, but the graphics and AI chips company beat analyst expectations.Read More...
02:39, 05/17/2019

UK's Johnson pledges 14 billion pound boost for schools British Prime Minister Boris Johnson said he would boost funding for schools over the next three years by more than 14 billion pounds ($17.2 billion), adding to speculation that he might be planning an election around the time of Brexit....
01:26, 08/31/2019

FCC approves Nexstar’s $6.4 billion acquisition of Tribune Media The long, drawn out saga over Tribune Media Company's fate could soon come to an end. Today, the Federal Communications Commission (FCC) approved the sale of Tribune to Nexstar Media Group. The $6.4 billion deal will create the nation's lar...
21:13, 09/16/2019

Performance Food Acquires Reinhart in $2 Billion Deal Food distributor Performance Food Group has agreed to acquire privately held rival Reinhart Foodservice for $2 billion in a bid to build scale and tackle rising costs....
19:26, 07/01/2019