$1 Billion Valuation
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Monster Beverage launches $3 billion stock buyback
Beverage company’s chief executive may sell up to about $33 million of stock to provide “flexibility.”MarketWatch - Business -
Munich Re Says Full-Year Profit Could Top €5 Billion
The German reinsurer posted net profit for the first three months of 2024 of $2.3 billion, in line with preliminary figures, and said it was “more likely” it would surpass its full-year profit target.The Wall Street Journal - Business -
FTX files plan to fully reimburse creditors it defrauded of billions
FTX says that nearly all of its customers will receive the money back they are owed, two years after the cryptocurrency exchange imploded.CBS News - Top stories - Crypto -
Bill Hwang lost $35 billion in a spectacular trading implosion. Now, prosecutors will try to prove it was a crime.
The hedge fund trader stands accused of misleading banks and manipulating prices through huge, shadowy stock buys, but he argues he did nothing illegal.MarketWatch - Business -
Biden to announce $3.3B AI investment by Microsoft at scaled-back Foxconn site once touted by Trump
President Joe Biden will travel to Racine, Wisconsin, to announce a $3.3 billion investment by Microsoft to build a new artificial intelligence data center.NBC News - Top stories - Joe Biden -
Thunder remind everyone why they're No. 1 seed in Game 1
Led by its inexperienced core, Oklahoma City is doing in the playoffs what it did in the regular season: making 3s and dominating on defense.Yahoo Sports - Sports -
U.S. crude oil recovers losses after surprise stockpile decline
Oil prices have fallen 8% since April highs, but Morgan Stanley sees a tighter market heading into summer driving season.CNBC - Business -
Icahn Enterprises says it will keep paying its $1 quarterly dividend
Carl Icahn’s investing arm narrowed its loss in the first quarter even as revenue fell.MarketWatch - Business -
Ranking the best situations for the rookie quarterbacks: Start with Michael Penix in Atlanta at No. 1
It’s key to note that we’re not saying the “best team” or “best roster.” Instead, we’re talking about the best confluence of factors that can outline a path for survival and then success.Yahoo Sports - Sports -
Big Ten post-spring power rankings: Ohio State over Oregon for No. 1, USC lands in top five
Here's how teams in the Big Ten stack up now that spring practice is in the rearview mirrorCBS Sports - Sports - College Football