Trump Media reports $400 million in 2024 losses

• Trump Media says it lost more than $400 million in 2024 as sales dipped

  The parent company of President Donald Trump's social networking site Truth Social says its losses were due to non-cash charges.
  
  CBS News - 2d
• 

  Can $400 Million Rescue New York’s Run-Down Capital City?

  Gov. Kathy Hochul has proposed to earmark $400 million to revitalize the capital of New York, where poverty rates are high and the downtown is moribund.
  
  The New York Times - Feb. 9
• 

  State says $400 million armored EV contract on hold

  The State Department is placing a $400 million contract to build armored electric vehicles (EVs) on hold, a spokesperson told The Hill on Thursday. Tech billionaire Elon Musk’s Tesla appears to ...
  
  The Hill - 6d
• 

  Japan's SoftBank reports loss weeks after announcing AI investment with U.S. President Trump

  Japanese technology company SoftBank Group Corp. reported a 369.2 billion yen, or $2.4 billion, loss for the fiscal third quarter, as it racked up red ink from its Vision Fund investments
  
  ABC News - Feb. 12
• 

  Manchester United to brief staff on ‘media reports’ of redundancies

  ‘Team briefing’ set for Monday 24 February Statement says ‘club must explore every option’ Manchester United will hold a meeting on 24 February with staff to discuss “media reports”, with Sir ...
  
  The Guardian - 5d
• 

  Rob Manfred thinks Dodgers' spending is 'a great thing' as payroll hovers around $400 million

  The Dodgers are projected to pay a luxury tax bill of $142 million this season. That would be larger than the payrolls of 10 MLB teams.
  
  Yahoo Sports - 1d
• 

  Epic Games Store hits nearly 300 million PC users in 2024

  Despite overall user numbers rising year-over-year, a freefall in third-party revenue paints a less rosy image for the Epic Games Store.
  
  VentureBeat - 5d

• Trump administration fires over 400 DHS employees as mass firings continue

  Officials at DHS said they had fired hundreds of employees across several of its agencies.
  
  CBS News - 5d
• 

  Trump administration ousts over 400 DHS employees in ongoing workforce purge

  The Trump administration ousted 405 employees at the Department of Homeland Security (DHS) in an ongoing workforce purge that has affected other federal agencies and departments.  The majority of ...
  
  The Hill - 4d

More from CNBC

• UnitedHealthcare is offering buyouts to employees in benefits unit, could pursue layoffs, sources say

  If UnitedHealthcare does not meet a resignation quota through buyouts, it will lay off employees, two people familiar with the matter said.
  
  CNBC - 8h

• Palantir plunges after CEO Karp changes share sales plan, Pentagon budget cut report

  The Trump administration is engaged in a wide-ranging effort to slash government spending and reduce the number of federal workers.
  
  CNBC - 1h

• China keeps benchmark lending rates steady as PBOC prioritizes financial stability

  The PBOC has in recent months sought to defend the yuan as it faces downward pressure amid threats of higher tariffs.
  
  CNBC - 3h

• Microsoft deploys new state of matter in its first quantum computing chip

  Microsoft claims that building its first quantum-computing chip required that it create a new state of matter, which it is referring to as a topological state.
  
  CNBC - 6h

• Carvana expects another 'strong' year after topping fourth-quarter expectations

  Carvana topped Wall Street's top- and bottom-line expectations for the fourth quarter, while guiding for another "strong" year in 2025.
  
  CNBC - 7h

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  British Business Bank told to refocus lending on priority sectors

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