LEGAL-NEWS-NETWORK.COM: Latest News of The Day 18:39, 06/14/2019

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.      ...

Chewy stock IPO raises more than $1 billion. Values company at $8.8 billion

Source: usatoday.com

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

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

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

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 and Exchange Commission submitted last night. Bezos will keep an estimated $1.4 billion from...
20:26, 08/01/2019

Cloud data management company Druva raises $130 million, passes $1 billion valuation Cloud data management company Druva has raised $130 million, securing the California company unicorn status with a $1 billion-plus valuation.Read More...
17:00, 06/20/2019

PetSmart's Chewy gets Wall Street tails wagging with $1 billion IPO Chewy Inc said on Thursday it priced its initial public offering at $22 per share, above its target, and sold more stock than originally planned, valuing the online pet products retailer at $8.77 billion....
02:13, 06/14/2019

Entropia Universe company raises $500,000 in a virtual stock market offering Mindark said said that a company within its Entropia Universe virtual game world has offered shares on its virtual stock market and raised the equivalent of $500,000.Read More...
20:13, 05/22/2019

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

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

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 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

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 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

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

China's Centurium Capital raises over $2 billion from GIC, Temasek, others China's Centurium Capital, a big backer of domestic startup Luckin Coffee, said it has raised more than $2 billion in its debut fund, giving the private equity firm more firepower to cut deals......
12:52, 07/03/2019

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

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

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

Logistics unit of JD raises 1.5 billion yuan investment fund Chinese e-commerce giant JD.com's logistics division has raised a 1.5 billion yuan ($218 million) fund to invest in companies and technologies specialising in logistics, the company said on Monday....
13:52, 06/24/2019

3D printing platform Carbon raises $260 million at $2.4 billion valuation 3D printing 'digital manufacturer' Carbon has raised $260 million in a growth round of funding co-led by Madrone Capital Partners and Baillie Gifford.Read More...
17:52, 06/25/2019

Hong Kong raises $1 billion in oversubscribed first green bond Hong Kong raised $1 billion from the sale of its first green bond on Wednesday, as the former British colony looks to establish itself as a center for green finance....
07:26, 05/22/2019

Blackstone raises $20.5 billion for largest ever real estate fund U.S. private equity firm Blackstone Group Inc said on Wednesday it has raised the largest ever real estate fund, amassing $20.5 billion to be invested in property assets around the world....
17:26, 09/12/2019

BlackRock raises $2 billion for Global Credit Opportunities Fund BlackRock Inc, the world's largest asset management firm, said on Wednesday it had raised $2 billion for its flagship opportunistic credit fund, Global Credit Opportunities, reflecting investor......
19:39, 07/31/2019

Germany raises 6.55 billion euros in epic 5G spectrum auction Germany raised 6.55 billion euros ($7.4 billion) from its 5G mobile spectrum auction, the Federal Network Regulator (BNetzA) said on Wednesday after a near three-month battle that will see a fourth operator enter the market....
20:39, 06/12/2019

Shape Security raises $51 million, hits $1 billion valuation The company focuses on thwarting cyberattacks and frauds orchestrated by bots will use the money to invest in AI and grow its international business....
22:13, 09/12/2019

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

Chewy shares skyrocket in stock market debut Wall Street lapped up Chewy shares as they made their Friday debut on the New York Stock Exchange. The web-based pet food and supplies seller saw its stock jump as much as 88 percent moments after it opened mid-morning. By 12:35 p.m. ET, investor exc...
21:52, 06/14/2019

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

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

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

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

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

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'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

Identity platform provider Auth0 raises $103 million at a valuation of $1 billion Bellevue, Washington-based Auth0, which developers a cloud-based identity authentication platform, has raised $103 million at a valuation of $1 billion.Read More...
16:00, 05/20/2019

WordPress.com parent Automattic raises $300 million from Salesforce at a $3 billion valuation WordPress.com parent Automattic has raised $300 million in funding from Salesforce Ventures, giving it a post-funding valuation of $3 billion.Read More...
17:13, 09/19/2019

Mastercard to buy part of payments company Nets for $3.19 billion Payments processor Mastercard Inc said on Tuesday it would buy a majority of the corporate services businesses of Scandinavian payments group Nets for about 2.85 billion euros($3.19 billion) furthering its push into the Nordic markets....
16:39, 08/06/2019

Huawei founder: US crackdown will cost the company $30 billion Huawei’s founder said Monday that the Chinese telecom giant’s revenue will be $30 billion less than forecast over the next two years.       ...
16:26, 06/17/2019

WeWork, the $47 billion co-working company, is gearing up for a huge IPO. Here's everything we know about what's going on. Jackal Pan/Reuters The We Company, better known as WeWork, is preparing for an initial public offering. Backed by SoftBank, the managed office company was last valued at $47 billion. Like other unicorns going public, the company is losing billions &...
01:52, 08/28/2019

How toxic company culture is derailing billion-dollar M&As Reputation always matters, but rarely more than in large M&A deals. With M&A worth $3 trillion a year across the US and Europe, even a small reputational issue can cost billions if it makes the difference between a deal taking place or being scuppere...
13:13, 05/10/2019

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

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

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 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

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

Brex raises $100 million at $2.6 billion valuation for startup-friendly credit card Brex, which offers corporate credit cards for startups and scale-ups, has raised $100 million at a $2.6 billion valuation -- less than a year after launch.Read More...
15:13, 06/11/2019

Chinese private equity firm Centurium raises over $2 billion in debut fund China's Centurium Capital, a big backer of domestic startup Luckin Coffee, said it has raised more than $2 billion in its debut fund, giving the private equity firm more firepower to cut deals......
08:52, 07/03/2019

Spend management software provider Ivalua raises $60 million at a $1 billion valuation Ivalua, a company developing cloud-based enterprise spend management software, raised $60 million in growth equity at a $1 billion valuation.Read More...
15:52, 05/21/2019

Uber Posts $1 Billion Loss in Its First Quarter as a Public Company Uber reported a $1 billion loss as the ride-hailing service spends heavily to build up its food delivery and freight businesses, sending revenues up 20% in its first quarterly report as a public......
09:39, 05/31/2019

Google to acquire big data analytics company Looker for $2.6 billion Google has announced plans to acquire big data analytics platform Looker in a $2.6 billion all-cash transaction, as it looks to gain ground on Amazon.Read More...
17:26, 06/06/2019

California utility company to pay $1 billion to governments for wildfire damage Pacific Gas & Electric filed for bankruptcy earlier this year in anticipation of massive lawsuit payments.        ...
03:26, 06/19/2019

Uber drivers set to protest around the world ahead of the company's $90 billion IPO Drivers are also expected to stage protests against Uber and Lyft in at least eight cities around the U.S., including New York, Chicago and San Francisco....
11:13, 05/08/2019

Uber Offers Shares At $45 Apiece In IPO, Company Valued At $82 Billion Shares will be priced at $45 for the IPO, valuing the start-up at more than $82 billion, according to a filing with the US markets regulator. San Francisco-based Uber was set to begin trading on the......
12:26, 05/10/2019

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

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

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

Diagnostic company Exact Sciences to buy Genomic Health in $2.8 billion deal Exact Sciences Corp said on Monday it will buy peer Genomic Health Inc for about $2.8 billion in cash and stock, expanding the cancer diagnostic company's testing capabilities to breast and prostate cancers....
17:39, 07/29/2019

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

UPDATE 1-Chewy raises IPO price range amid strong investor demand Online pet products retailer Chewy Inc raised the price range of its initial public offering on Wednesday, indicating strong investor demand and valuing the company at about $8.4 billion at the top end of the range....
19:52, 06/12/2019

Altria to invest $1.8 billion in cannabis company Cronos Group, exits some e-cig brands Altria Group says it has agreed to buy a 45 percent stake in leading cannabinoid company Cronos Group for about $1.8 billion, a sign of the new world in which the tobacco company must compete. ...
20:39, 05/01/2019

Reports: WeWork to Delay IPO Amid Suspicion It Is Not Actually a Tech Company Worth $47 Billion Whatever the hell WeWork is—tech company or just a cult-like real estate venture that happens to offer kombucha on tap and desperately wants to be viewed as a tech company—it may not be going public anytime soon.Read more......
15:26, 09/17/2019

Brazil power company Light approves 2 billion-real share offering Brazilian power company Light SA has approved a primary and secondary share offering valued at over 2 billion reais ($521 million), it said in a securities filing late on Monday, confirming a Reuters report earlier in the day....
14:39, 07/02/2019

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

Microsoft hits record high after announcing $40 billion stock buyback plan, dividend boost (MSFT) Beck Diefenbach/Reuters Microsoft's stock price rose 2.8% to an intraday record high on Thursday after the company announced an 11% increase to its dividend and a $40 billion share buyback program. This is the third time Microsoft has pursued a buyb...
14:00, 09/20/2019

Monsanto parent company Bayer faces thousands of Roundup-cancer cases after $2 billion verdict Annually, for weeks at a time over his more than 30 years of farming, John Barton would spray a thousand gallons of Roundup every day to kill the weeds springing up among his cotton crop outside Bakersfield, California. Tugging a 200-foot hose when h...
03:00, 05/21/2019

Drug Company to Pay Just $15.4 Million Over Doctor Bribery Scandal Involving Medicine That Brings in $1 Billion a Year Mallinckrodt Pharmaceuticals announced today that the company expects to pay $15.4 million in a settlement with the U.S. Justice Department after allegations that Questcor Pharmaceuticals, which Mallinckrodt acquired in 2014, had bribed doctors and t...
00:52, 06/06/2019

Huawei founder likens company to badly damaged plane, says revenue will be $30 billion below forecast over next 2 years SHENZHEN, China (AP) — Huawei founder likens company to badly damaged plane, says revenue will be $30 billion below forecast over next 2 years....
12:00, 06/17/2019

Mark Zuckerberg told investors that regulation is the best cure for the tech backlash, just hours after the company was slapped with a $5 billion FTC fine (FB) Facebook The FTC has hit Facebook with a $5 billion fine over privacy issues. Later the same day, Facebook announced its Q2 earnings, and CEO Mark Zuckerberg took the opportunity to discuss regulation. He told the analysts on its earnings call that ...
10:13, 07/25/2019

Juul stock values plummet amid federal crackdown Investors of e-cig giant Juul are seeing their stock valuations go up in smoke as the Trump administration gears up to ban the company’s best-selling product — mint flavored pods. Investors in the privately held San Francisco company have reduced the...
07:26, 09/14/2019

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

Read the pitch deck that Uber founder Garrett Camp created for the ride-hailing giant back in 2008 – before the company became the $120 billion giant it is today (UBER) It's a big year for Uber. The first name in ride-hailing had a ton of hype around it for the first half of 2019 thanks to its IPO. And though the $8 billion valuation fell well short of speculations of $100 billion, Uber is still one of the biggest n...
07:39, 07/29/2019

Putin: Liberal values ‘obsolete,’ people in West prefer ‘traditional’ values Liberal values embraced by many in Western nations have been destabilizing and clash with the best interests of most citizens, Russian President Vladimir Putin said in an interview published Thursday....
11:39, 06/28/2019

Tesla raises $2.7B in expanded stock, bond sale Tesla is set to raise up to $2.7 billion in a record-setting round of new capital secured by the EV maker, as investors scoop up a mix of new stock and convertible notes that will recharge the company's cash-depleted balance sheet....
15:26, 05/03/2019

Papa John’s stock soars after company names new CEO Papa John’s shares soared close to 10% on Tuesday after the company said it has a new top pizza-slinger who will help the company turn the page on a tumultuous two-year period. In a surprise move, Papa John’s board of directors named Arby’s president...
06:39, 08/28/2019

Starbucks' stock pops after coffee chain crushes estimates, raises forecast Starbucks raised its full-year earnings and revenue forecast Thursday after more customers returned to cafes in the U.S. and China for pricier drinks....
14:39, 07/27/2019

LaCroix parent company's stock falls to multiyear low following lawsuit Shares of National Beverage hit their lowest point since 2016 after a former employee filed a lawsuit alleging he was fired after objecting to a plan to falsely claims that LaCroix cans were free of a particular chemical....
23:39, 06/11/2019

Chipotle's stock hits all-time high after earnings top estimates, raises sales forecast Chipotle Mexican Grill on Tuesday reported that its digital sales nearly doubled during its second quarter, fueling earnings that beat analysts' expectations....
00:26, 07/24/2019

Pemex business plan raises doubts about the company's viability -S&P Mexican state oil company Pemex's newly announced business plan is a risky about-face that raises doubts about the company's long-term viability, analysts with credit ratings agency S&P Global Ratings wrote in a note on Monday....
22:52, 07/22/2019

New Media chair Michael Reed shrugs off company’s stock flop New Media Investment chair and CEO Michael Reed told The Post he’s not concerned the stock has fallen by almost 25 percent since signing a deal to buy USA Today-owner Gannett. “Stock price is not an issue,” he said, while walking out of a meeting at ...
10:52, 08/15/2019

Pelosi slams Facebook as 'willing enabler' of Russia despite owning up to $1M in company's stock House Speaker Nancy Pelosi slammed Facebook for being a “willing enabler of Russian interference in our election” despite owning shares worth up to $1 million of the social media giant....
14:00, 05/31/2019

Tesla stock slips after Elon Musk reveals company’s cash crunch Tesla’s stock slid Friday after Elon Musk warned that the electric-car maker could run out of cash in less than a year — even as US regulators revealed that Tesla’s controversial “Autopilot” software was activated during yet another fatal crash. In a...
22:26, 05/17/2019

Home Depot stock rises on better-than-expected profits even as the company lowers outlook Home Depot's CEO says the retailer cut its outlook partly due to "the potential impacts to the U.S. consumer arising from recently announced tariffs."...
15:52, 08/20/2019

Lowe's stock surges after company beats second-quarter earnings and revenue estimates "Lowe's has lagged for years ... it seems that under the guidance of Marvin, the new CEO, Lowe's is really getting its act together," said Oppenheimer analyst Brian Nagel....
13:26, 08/21/2019

Stock of Tinder’s parent company soars thanks to dating site’s ‘secret sauce’ Spring is in full swing — and Wall Street is gaga over Tinder again. Shares of Match Group, the hookup app’s parent company, soared 12 percent to $67.88 on news of hotter-than-expected growth in paid subscribers, as the app’s pricey “Tinder Gold” fea...
17:39, 05/09/2019

GRAPHIC-Mylan stock boost follows long share struggles for company, generics industry Shares of Mylan NV surged on Monday after the generic drugmaker agreed to combine with Pfizer Inc's off-patent branded drugs business. But in the bigger picture, the surge is lost in a bleaker landscape for Mylan's stock price and the broader generic...
01:39, 07/30/2019

Daimler's stock drops as diesel scandal cuts profit for Mercedes' parent company Share's of German automaker Daimler fell almost 4% in Monday trading after the company said Sunday that profits for the second quarter would be hurt by troubles from its Mercedes-Benz brand and downgraded its earnings forecast for the the full y...
21:52, 06/24/2019

Goldman raised its Apple stock price forecast, but the note is largely negative on the company Goldman Sachs raised its price target on Apple after spending most of the note to clients discussing how its services business growth may fall short....
13:13, 07/17/2019

Chipotle stock tumbles after New York City sues the company, alleging labor law violations New York Mayor Bill de Blasio's administration is suing Chipotle Mexican Grill, alleging it violated a city labor law requiring predictable schedules for workers....
22:39, 09/10/2019

Tesla Stock Plummets After Elon Musk Announces the Company’s Tech Boss Is Leaving (Bloomberg) –– Tesla shares plummeted after a worse-than-expected loss and yet another major management change cast fresh doubts on the electric-car maker’s future. Despite delivering a record number of vehicles in the second quarte...
16:39, 07/25/2019

Adani deal with Myanmar military-linked company raises human rights alarm Australian expert worries Queensland coal may help fund armed forces accused of genocideThe Adani Group has signed a US$290m commercial deal with a holding company controlled by the Myanmar armed forces, who have been accused by UN investigators of c...
22:26, 05/14/2019

New research shows that being bought by private equity firms raises a large public company’s probabi New research shows that being bought by private equity firms raises a large public company’s probability of bankruptcy by 1000%. Best of luck to our friends at Univision....
06:26, 07/31/2019

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

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

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

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

Apple Says It Would Rather Not Pay $14.3 Billion in Back Taxes to the EU The European Union has ordered Apple to pay roughly $14.3 billion (13 billion euros) to cover back taxes the EU says is owed to Ireland. But Apple is putting up a fight and said the tax bill “defies reality and common sense” in a new statement to a ...
15:26, 09/17/2019

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

'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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Facebook users have raised over $2 billion for causes Facebook frequently finds itself in the news for harm done to the public, but there are moments when its platform is put to good use. The social network has revealed that people have raised over $2 billion for causes through its Fundraisers system,....
00:52, 09/20/2019

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

$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

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

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

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

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

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

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

'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

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

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

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

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

| 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

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

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

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

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

$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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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. 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

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

Airbnb says second-quarter revenue topped $1 billion Airbnb Inc took in more than $1 billion in revenue for the second quarter of 2019, the second time it exceeded that level in its decade-plus history, the home rentals company said in a statement on Wednesday....
04:00, 09/19/2019

Banks Set to Win $40 Billion in Relief From Postcrisis Rule Banking agencies moved to ease a postcrisis rule that could free up nearly $40 billion for big global banks, the latest regulatory victory for Wall Street....
22:00, 09/17/2019

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

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

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

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

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

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

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

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

$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

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

Apple takes its $14 billion tax fight with the EU to court Apple challenged a $14 billion tax charge from the European Commission in the EU's second-highest court on Tuesday, escalating the landmark tax fight between the iPhone maker and EU regulator....
12:26, 09/17/2019

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Google to spend $3 billion on European datacenters Google will make an additional investment of $3.3 billion over the next two years to expand its European data centers, CEO Sundar Pichai said.Read More...
18:26, 09/20/2019

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

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

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

World’s 1.8 billion youth must ‘have a say in the future of the planet’ It is “crucial” that the world’s 1.8 billion young people have a say in the fight against climate change and ultimately “the future of the planet” according to the UN Youth Envoy Jayathma Wickramanayake....
03:39, 09/21/2019

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

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

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

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

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

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

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

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

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

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

US and Canada have lost three billion birds since 1970 More than one in four birds have been lost across diverse groups and habitats, in what researchers describe as a ‘wake-up call’The US and Canada have lost more than one in four birds – a total of three billion – since 1970, culminating in what scient...
17:13, 09/20/2019

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

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

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

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

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

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

Facebook is staring down a record-setting $5 billion fine The fine, which is massive by any yardstick, still represents less than one month's revenue for the social media titan.       ...
13:26, 07/15/2019

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

$5 Billion US Fine Set For Facebook On Privacy Probe: Report US regulators have approved a $5 billion penalty to be levied on Facebook to settle a probe into the social network's privacy and data protection lapses, the Wall Street Journal reported Friday....
03:26, 07/13/2019

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

Facebook agrees to pay FTC $5 billion fine for various privacy violations Due to a slew of privacy violations, Facebook finally reached a settlement agreement with the Federal Trade Commission (FTC) that will see the social networking giant pay out a hefty fine of $5 billion. Hardly a surprise, Facebook during its most rec...
01:13, 07/13/2019

Facebook removed 3 billion fake accounts in just 6 months Facebook removed more than 3 billion fake accounts from October to March, twice as many as the previous six months, the company said Thursday. Nearly all of them were caught before they had a chance to become “active” users of the social network. In ...
23:00, 05/23/2019

Magna opens $1.38 billion paint shop in Slovenia The paint shop, which complements contract vehicle production at a Magna Steyr plant in Graz, Austria, started test runs in March. The new plant currently employs 200 people and is poised to employ an additional 200 workers....
00:00, 07/16/2019

Texas approves $3 billion in flood control after Harvey AUSTIN, Texas (AP) — Nearly two years after Hurricane Harvey battered Houston and the Texas coast, state lawmakers approved setting aside more than $3 billion to help pay for flood control projects. The bill sent to Republican Gov. Greg Abbott on Wed...
04:39, 05/23/2019

U.S. to pay farmers up to $16 billion for trade war losses, South to benefit The U.S. government will pay American farmers hurt by the trade war with China between $15 and $150 per acre in an aid package totaling $16 billion, officials said on Thursday, with farmers in the South poised to see higher rates than in the Midwest....
02:52, 07/26/2019

UK's Johnson says 3.6 billion-pound fund will help towns develop British Prime Minister Boris Johnson said a 3.6 billion pound ($4.5 billion) fund will help towns to invest in areas such as transport and broadband, part of a push to address frustrations among voters that led to the Brexit vote....
15:52, 07/27/2019

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

In 6 Months, Facebook Removes Over 3 Billion Fake Accounts (SAN FRANCISCO) — Facebook removed more than 3 billion fake accounts from October to March, twice as many as the previous six months, the company said Thursday. Nearly all of them were caught before they had a chance to become “activeR...
20:00, 05/23/2019

Gilead deepens Galapagos ties with $5.1 billion deal Gilead Sciences Inc will invest $5.1 billion to raise its stake in Galapagos NV and partner with the Belgian-Dutch biotech firm to develop and commercialize its treatments for a ten-year period, the companies said on Sunday....
00:52, 07/15/2019

US Approves Potential $2.2 Billion Weapons Sale To Taiwan The US State Department has approved the potential sale to Taiwan of $2.2 billion in arms, including Abrams tanks and Stinger missiles, the Pentagon said on Monday....
10:13, 07/09/2019

Cancer deaths cost the US $94 billion in lost earnings Almost 500,000 Americans died of cancer in 2015 and a new study concludes the disease robbed them not only of their lives but of $94.4 billion in lifetime earning potential. The American Cancer Society study released Wednesday calculates the missed-o...
02:39, 07/09/2019

U.S. Tentatively Approves $2 Billion in Arms Sales to Taiwan The sales, along with a pending visit to the United States by Taiwan’s president, are likely to put further strain on Washington’s relationship with Beijing....
08:52, 07/09/2019

Monthly U.S. trade deficit rises slightly to $72.1 billion The Census Bureau reported Thursday that the international trade deficit in goods rose to $72.1 billion in April, up a marginal 0.3% from March's level of $71.9 billion according to an "advance look" at the data. The shift was due to exports dropping...
18:26, 05/30/2019

U.S. Senate passes $19.1 billion in disaster relief, no border aid The U.S. Senate on Thursday approved $19.1 billion in aid to help Americans rebound from a string of natural disasters, and President Donald Trump supported it even though it did not include the funds he requested to address a migrant surge at the so...
01:13, 05/24/2019

China June trade surplus with U.S. rises 11% to $29.92 billion China's trade surplus with the United States, a major source of friction with its biggest trading partner, rose 11% in June to $29.92 billion from $26.9 billion in May, customs data showed on Friday....
15:13, 07/12/2019

Trump Administration Rolls Out $16 Billion Farm-Aid Program President Trump rolled out a $16 billion plan to help farmers hit by the trade conflict with China and suggested Huawei Technologies could potentially be a bargaining chip in settling the dispute....
06:13, 05/24/2019

Reckitt to pay $1.4 billion to end U.S. opioid addiction treatment probes Reckitt Benckiser has agreed to pay up to $1.4 billion to resolve U.S. claims that its former pharmaceuticals business Indivior before it was spun out of the company carried out an illegal scheme to boost sales of an opioid addiction treatment....
21:00, 07/11/2019

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

U.S. National Parks face $12 billion infrastructure backlog The National Parks Service has sounded the alarm that a backlog of almost $12 billion in deferred maintenance projects has built up that is threatening the safety of the parks for visitors and staff....
14:52, 07/26/2019

U.S. Reaches $1.4 Billion Opioid-Drug Settlement With U.K.'s Reckitt U.K. consumer-goods company Reckitt Benckiser will pay up to $1.4 billion to settle U.S. investigations into whether its former pharmaceuticals unit organized a multibillion-dollar fraud to drive up sales of an opioid-addiction treatment....
17:00, 07/11/2019

Reckitt to pay $1.4 billion to end opioid addiction treatment probes Reckitt Benckiser has agreed to pay up to $1.4 billion to end U.S. federal investigations into the marketing of an opioid addiction treatment by its former business Indivior, lifting a cloud that has been hanging over the British company for years....
15:39, 07/11/2019

Reckitt to pay $1.4 billion to end long-running Indivior probes Britain's Reckitt Benckiser has agreed to pay up to $1.4 billion to resolve all U.S. federal investigations into the sales and marketing of an opioid addiction treatment by its former prescription pharmaceuticals business Indivior ....
13:00, 07/11/2019

IBM closes $34 billion deal to buy Red Hat to boost cloud business 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....
23:00, 07/09/2019

Huawei says U.S. curbs to cut smartphone unit's revenue by over $10 billion Chinese technology giant Huawei said on Friday the impact of U.S. trade restrictions on its business will be less than what it initially feared, though the curbs could push its smartphone unit's revenue lower by about $10 billion this year....
14:26, 08/23/2019

UPDATE 1-Bulgaria approves $1.26 billion deal with US to buy F-16 aircraft Bulgaria's government approved a deal on Wednesday with the United States to buy eight new Lockheed Martin F-16 fighters for its air force for $1.256 billion, the defence ministry said, its biggest military purchase since the fall of Communism....
12:52, 07/10/2019

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

Brazil's Nubank to Be Valued at More Than $10 Billion in New Financing Round Growth-stage venture firm TCV is expected to lead the $400 million round, the people said. The funding, which highlights increasing investor interest in Latin American technology companies, would make Nubank the most highly valued private technology ...
08:52, 07/26/2019

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

Hasbro to buy studio Entertainment One, home of Peppa Pig, for $4 billion U.S. toy maker Hasbro Inc will buy Entertainment One Ltd for about $4 billion (3.27 billion pounds) in cash, adding the independent studio with preschool brands such as Peppa Pig and PJ Masks, the companies said on Thursday....
23:52, 08/22/2019

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

Facebook removes 3 billion fake accounts over six months Facebook removed more than 3 billion fake accounts over a six-month span, far outpacing previous efforts by the company in striking fraudulent accounts from the platform, the tech giant said Thursday....
22:39, 05/24/2019

Musk's SpaceX raised over $1 billion in six months: filings Billionaire entrepreneur Elon Musk's SpaceX has raised more than $1 billion in financing in the last six months as it aims to roll out an ambitious high-speed internet service by using a constellation of satellites to beam signals from space....
02:13, 05/25/2019

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

Amgen to buy Celgene psoriasis drug Otezla for $13.4 billion Amgen Inc will buy Celgene Corp's psoriasis drug Otezla for $13.4 billion in cash, clearing the way for Bristol-Myers Squibb to go ahead with its $74 billion deal for Celgene by the end of the year....
19:13, 08/26/2019

Slimmed-down WPP to net $3.1 billion selling Kantar stake to Bain WPP is selling a 60% stake in Kantar to private equity firm Bain Capital, valuing the data analytics business at about $4 billion and giving the British owner of agencies including Ogilvy and Wunderman Thompson funds to cut debt and rebuild....
21:26, 07/12/2019

The Swiss Surfer Behind $2 Billion Payments Startup Checkout.com Guillaume Pousaz has built a payments firm he acquired in 2009 into a highly valued transaction processor for fast-growing internet companies that is now expanding in the U.S. and moving into other financial services....
12:00, 05/25/2019

Oklahoma judge to rule in $17 billion opioid lawsuit against J&J An Oklahoma judge on Monday will decide whether Johnson & Johnson should be held liable in a $17 billion lawsuit alleging the drugmaker's marketing practices fueled the opioid epidemic by causing a flood of painkillers in the market....
12:52, 08/26/2019

Alibaba mulls second listing to raise $20 billion: Bloomberg Alibaba Group Holding Ltd is considering raising $20 billion through a second listing in Hong Kong, Bloomberg reported on Monday, citing unnamed people with knowledge of the matter....
23:26, 05/27/2019

Walmart Got a $10 Billion (Happy) Surprise After Buying Flipkart Walmart debated for months whether to keep funding the payments business internally or whether to separate the operation so it could raise outside funds....
11:00, 07/10/2019

Man Who Lost $35 Billion In One Year Has Some Advice For Elon Musk Walking down a busy street in Rio de Janeiro one recent afternoon, we bumped into the Brazilian who is best known for losing $35 billion in a single year. After initially trying to deflect questions,......
18:13, 06/01/2019

U.S. Takes Aim at $300 Billion in Chinese Imports for Higher Tariffs (BEIJING) — U.S. officials are targeting a $300 billion list of additional Chinese imports including laptop computers for tariff hikes, ratcheting up a trade fight that is shaking financial markets and fueling fears about global economic growth...
13:39, 05/14/2019

Daimler Loses $1.3 billion On Diesel, Airbag Woes Daimler AG, the maker of Mercedes-Benz luxury cars, says it lost 1.2 billion euros ($1.3 billion) in the second quarter as the company booked 4.2 billion euros in one-time charges for troubles with......
14:26, 07/24/2019

NASA Wants $1.6 Billion to Send First Woman to the Moon By 2024 NASA is requesting an additional $1.6 billion in funding for next year to accelerate its manned mission to the Moon by 2024, which the agency revealed will be titled Artemis, the New York Times reported on Monday.Read more......
14:52, 05/14/2019

Bayer Shares Fall After $2 Billion Roundup Verdict Bayer shares resumed their monthslong fall after the company was hit by a more-than $2 billion jury award over its Roundup herbicide, marking a sharp escalation in the chemical and drug giant’s legal woes....
15:13, 05/14/2019

Nextdoor Valued at More Than $2 Billion in Fresh Funding Round Neighborhood-focused social network Nextdoor said it has secured a $123 million investment led by Riverwood Capital, valuing the company at $2.1 billion....
20:13, 05/14/2019

Raiders' stadium cost in Vegas soars to $1.9 billion The high stakes for building an NFL stadium for the Raiders in Las Vegas continues to rise with the latest cost estimate now coming in at $1.9 billion, according to the Las Vegas Review-Journal....
02:13, 07/20/2019

Cost of Raiders stadium in Las Vegas rises to $1.9 billion Officials have raised the budget to $1.9 billion for the 65,000-seat Las Vegas Stadium being built for the NFL's relocated Raiders and UNLV football       ...
22:13, 07/19/2019

Iran To Stick To Nuclear Deal For $15 Billion Oil Credit Iran said Wednesday it will resume full compliance with a 2015 nuclear deal if it can sell its oil or get a $15-billion credit line guaranteed by future crude sales....
16:00, 09/04/2019

Monsanto ordered to pay US$2 billion in latest Roundup blow Jury in California orders Bayer-owned Monsanto to pay more than US$2 billion in damages to a couple that sued on grounds the product caused their cancer....
22:52, 05/15/2019

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

'No deal' Brexit would cost at least $16 billion in UK sales to the EU: UN report 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....
02:26, 09/04/2019

Sotheby's snapped up by French tycoon Drahi for $3.7 billion Franco-Israeli cable magnate Patrick Drahi made a surprise move into the art world by snapping up Sotheby's in a deal worth $3.7 billion, marking the art auction house's return to private ownership after 31 years....
22:13, 06/17/2019

NASA is asking for another $1.6 billion to fulfill the Moon 2024 promise Back in March, the Trump administration declared that it was directing NASA to send humans back to the Moon no later than 2024. That’s an incredibly tight deadline for an agency with a budget that is nowhere near what it was (in adjusted dollar...
04:26, 05/16/2019

KKR devours Tim Tam biscuits maker in $2.2 billion deal with Campbell KKR & Co said it is buying Campbell Soup Co's Australian snacks unit Arnott's that will give it ownership of top-selling biscuit brands such as Tim Tam, in a deal local media reported was worth $2.2 billion....
12:00, 07/24/2019

Trump administration proposes another $1.6 billion for Moon efforts The Trump administration isn't convinced the $10.7 billion set aside for space exploration in the proposed 2020 budget is enough to help put astronauts on the Moon by 2024. The President has submitted an amendment to the fiscal 2020 budget that...
06:00, 05/14/2019

The world's largest brewer just made $1 billion from its new ventures arm — here's how Like other companies, AB InBev had not focused enough on innovation. The company had been talking about it since around 2010, and got "incrementally better," but wanted to do more. It founded ZX Ventures in 2015 and just passed $1 billion in sales....
11:00, 07/24/2019

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

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

Ford Faces Big $1.2 Billion Lawsuit Over F-150 Fuel Economy Ford faces a potentially big lawsuit, pundits wonder if the new Corvette will sell, everyone is maybe getting real about autonomous cars and much more for The Morning Shift of Tuesday, July 23, 2019....
16:39, 07/23/2019

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

Jim Irsay turned down $3.2 billion offer for Indianapolis Colts A team spokesman said the Indianapolis Colts are not for sale, even after Jim Irsay turned down a $3.2 billion offer for the franchise.       ...
05:01, 09/05/2019

Colombia could spend $1 billion on new air force planes: sources Colombia is examining proposals from the United States, Spain and Sweden as it look to replace its aging military aircraft, the South American country's air force said on Tuesday....
23:52, 07/23/2019

Tentative Federal Budget Would Raise Spending by $320 Billion Speaker Nancy Pelosi of California and Steven Mnuchin, the Treasury secretary, are close to a deal to increase spending and raise the government’s borrowing limit....
20:39, 07/22/2019

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

Microsoft to Invest $1 Billion in Artificial-Intelligence Startup Microsoft plans to invest $1 billion in artificial-intelligence startup OpenAI, as the software giant seeks to enhance its Azure cloud-computing platform....
20:00, 07/22/2019

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

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

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

U.S. government gives states nearly $2 billion to combat opioid crisis The U.S. Department of Health and Human Services (HHS) said on Wednesday it will offer states more than $1.8 billion in new funding to fight the opioid epidemic....
22:13, 09/04/2019

Austria's AMS makes $4.8 billion counterbid for Germany's Osram Austrian sensor specialist AMS made a 4.3 billion euro($4.8 billion) counter-offer for larger German lighting group Osram on Tuesday, raising the prospect of a bidding war with private equity duo Bain Capital and Carlyle ....
19:26, 09/03/2019

EU fines banks over $1 billion over foreign exchange cartel BRUSSELS (AP) — European Union regulators have fined five banks a total of more than 1 billion euros ($1.1 billion) for allegedly colluding in the trade of large sums of foreign currency. The EU Commission said Thursday that investigators found that ...
12:13, 05/16/2019

PepsiCo to buy South Africa's Pioneer Food for $1.7 billion PepsiCo has struck a deal to buy South Africa's Pioneer Food Group for $1.7 billion, the companies said on Friday, lifting Pioneer's shares and boosting a sector that has been hit by drought and tough trading conditions....
13:00, 07/19/2019

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

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

Microsoft, AT&T sign cloud deal worth more than $2 billion Microsoft Corp and AT&T Inc on Wednesday said they reached a deal under which the telecommunications company will tap Microsoft's Azure cloud service for its computing needs and use Microsoft 365, which includes Office productivity software, for much...
18:13, 07/17/2019

U.S. awards $7.6 billion cloud contract to General Dynamics The U.S. General Services Administration and the Defense Department said on Thursday they awarded a cloud computing contract worth $7.6 billion to General Dynamics Corp's CSRA LLC and its partners....
01:00, 08/30/2019

Flipkart founder: How I sold my business to Walmart for $16 billion Binny Bansal, co-founder of Indian e-commerce giant Flipkart, says there are three traits that led to the business landing a record-breaking sale to retail giant Walmart....
11:00, 05/21/2019

Hong Kong looks to raise up to $1 billion in green bonds Hong Kong is looking to raise between $500 million and $1 billion in five-year green bonds as the former British colony looks to establish itself as a center for green finance....
13:00, 05/21/2019

Facebook faces $5 billion fine over privacy violations US regulators have reportedly voted to fine Facebook $5 billion for data breaches. The social network landed in hot water last year amid allegations it shared users' personal information with Cambridge Analytica....
01:39, 07/13/2019

Senators grill FTC over reported $5 billion Facebook settlement Facebook's reported $5 billion settlement with the FTC isn't even official yet, but that isn't stopping politicians from bristling at it. Senators Richard Blumenthal, Josh Hawley and Ed Markey (pictured) have sent a letter to the FTC ...
02:13, 07/17/2019

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

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

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

BP to quit Alaska after 60 years with $5.6 billion sale to Hilcorp British oil major BP Plc on Tuesday agreed to sell all its Alaskan properties for $5.6 billion to privately held Hilcorp Energy Co, exiting a region where it operated for 60 years....
07:26, 08/28/2019

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

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

DoorDash Takes Aim at Nearly $13 Billion Valuation in New Funding Round Food-delivery startup DoorDash is raising a new round of financing that could value the company at close to $13 billion, according to people familiar with the situation....
10:00, 05/18/2019

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

Microsoft's 'blow out' quarter beats projections by $1 billion Microsoft beat analysts' revenue projections by nearly $1 billion when it announced earnings for the fourth quarter of its 2019 fiscal year, as its cloud division Azure continues its path of strong expansion....
06:00, 07/19/2019

Roche, Spark again extend $4.3 billion takeover offer Roche Holding and Spark Therapeutics announced on Tuesday another extension of the Swiss drugmaker's $4.3 billion takeover offer for the U.S. gene therapy specialist as regulatory reviews continue....
09:13, 09/03/2019

Boeing takes $5.6 billion revenue hit to compensate 737 Max customers The financial toll of the jet's grounding is starting to add up for Boeing, which has frozen sales of its flagship aircraft since regulators issued a global grounding of the plane in March....
04:00, 07/19/2019

ERAPSCO awarded $1.04 billion U.S. defense contract -Pentagon ERAPSCO, a joint venture between Sparton Corp and a subsidiary of Ultra Electronics, was awarded a $1.041 billion U.S. defense contract on Thursday to produce air-launched, expendable sonobuoys used in anti-submarine warfare, the Pentagon said....
03:39, 07/19/2019

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

ERAPSCO awarded $1.04 billion U.S. defense contract: Pentagon ERAPSCO, a joint venture between Sparton Corp and a subsidiary of Ultra Electronics, was awarded a $1.041 billion U.S. defense contract on Thursday to produce air-launched, expendable sonobuoys used in anti-submarine warfare, the Pentagon said....
00:13, 07/19/2019

Trump says Pentagon’s $10 billion cloud contract should be investigated. Again. In a Thursday press briefing the president said he had received numerous complaints about a not-yet-awarded Pentagon cloud computing contract widely expected by awarded to Amazon Web Services....
00:00, 07/19/2019

EU fines major banks €1 billion over currency cartels Regulators in the European Union have levied a hefty fine on Barclays, Royal Bank of Scotland, Citigroup, JPMorgan and Japan's MUFG over collusion in currency trading....
01:00, 05/17/2019

Boeing Plans $5 Billion Charge to Compensate 737 MAX Customers Boeing said it would book a nearly $5 billion charge related to compensating airline customers as a result of the prolonged grounding of its troubled 737 MAX aircraft....
23:39, 07/18/2019

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

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

Singapore's GIC Takes Stake in WaterBridge at $3 Billion Valuation Singapore sovereign-wealth fund GIC has bought a stake in WaterBridge Resources in a deal that values the Houston-based handler of oil-drilling wastewater at nearly $3 billion including debt, according to people familiar with the matter....
12:13, 05/17/2019

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

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

India, Indonesia Set $50 Billion Trade Target By 2025 India and Indonesia on Saturday set an ambitious USD 50 billion target for bilateral trade over the next six years as Prime Minister Narendra Modi and President Joko Widodo discussed ways to deepen......
16:00, 06/29/2019

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

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

Trump: U.S. will hit $300 billion worth of Chinese goods with 10% tariff U.S. President Donald Trump said on Thursday he would impose an additional 10% tariff on $300 billion worth of Chinese imports starting Sept. 1, as talks aimed at easing tensions between the world's two largest economies continue....
22:52, 08/01/2019

Gigantic 11 billion year-old galaxies viewed for first time ever Astronomers have spotted 39 enormous galaxies that are billions of light-years away from Earth, creating large numbers of stars the size of our Sun. They've also identified several other celestial objects previously unknown to humanity....
19:26, 08/08/2019

NASA reminds everyone it still needs another $30 billion for Trump’s Moon mission So, NASA wants to go back to the Moon. It’s wanted to do it for a while now and has been slowly piecing together how such a trip might happen, but that was before the current administration ordered NASA to get boots on the moon by 2024 or else....
22:00, 06/14/2019

Boeing wins $6.5 billion U.S. defense contract -Pentagon Boeing Co has been awarded a $6.5 billion U.S. defense contract for Joint Direct Attack Munition tail kits, spares, repairs and technical services, the Pentagon said on Friday. (Reporting by Eric Beech; Editing by David Alexander)...
07:39, 06/15/2019