Latest in 1.28 Billion Loss
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GM expects more than $5 billion impact from China restructuring
General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion.NBC News - Dec. 4 -
Eli Lilly's Zepbound causes greater weight loss than Novo Nordisk's Wegovy in head-to-head trial
Zepbound's greater weight loss is a huge advantage for Eli Lilly, which is competing with Novo Nordisk for a larger share of the weight loss drug market.CNBC - Dec. 4 -
Red Wings Falter in 3-2 OT Loss to Bruins
Detroit squanders a lead and strong performances from Ville Husso & Lucas Raymond in dropping to 10-12-3 with a loss in BostonYahoo Sports - Dec. 4 -
Kerr calls out Podz's decision-making after Warriors' loss to Nuggets
Warriors head coach Steve Kerr had strong words about guard Brandin Podziemski after Golden State's 119-115 loss to the Denver Nuggets on Wednesday night.Yahoo Sports - Dec. 4 -
Kerr, Warriors irate refs missed Nuggets timeout call in loss
Warriors coach Steve Kerr was frustrated by a key missed call in Golden State's 119-115 loss against the Denver Nuggets on Tuesday.Yahoo Sports - Dec. 4 -
Goldin helps Michigan beat No. 11 Wisconsin 67-64 as Badgers take their 1st loss
Vladislav Goldin scored a career-high 24 points – including three straight baskets inside down the stretch – and Michigan defeated No. 11 Wisconsin 67-64 in the Big Ten opener for both teamsABC News - Dec. 4 -
The Jameis Winston Roller Coaster Fell Off the Tracks in the Browns’ Loss
The quarterback threw for a franchise-best 497 yards and four touchdowns but also had a pair of interceptions that the Broncos returned for scores.The New York Times - Dec. 4 -
Billion dollar squirrel: Trump effect fuels crypto’s ‘memecoin’ boom
Tokens based on online viral moments outpace bitcoin over past month but critics say they reflect market frothFinancial Times - Dec. 4 -
Commanders RB Austin Ekeler says he has experienced memory loss following two concussions this season
Ekeler is still dealing with symptoms following his most recent concussionCBS Sports - Dec. 4 -
Billion-dollar future: Dodgers deferred pay at $1B
New contracts for Blake Snell and Tommy Edman increased the Dodgers' obligations for deferred payments to more than $1 billion owed to seven players from 2028-46.ESPN - Dec. 3 -
College Football Playoff rankings: 3-loss Alabama has inside track at playoff berth ahead of 2-loss Miami
The Crimson Tide moved ahead of the Hurricanes on Tuesday night.Yahoo Sports - Dec. 4 -
Here’s how investors will be affected by BlackRock’s $12 billion purchase of private-credit provider HPS
In a widely anticipated announcement, BlackRock said it had reached an agreement to buy HPS Investment Partners for $12 billion in stock.MarketWatch - Dec. 3 -
What's Next in the Legal Battle Over Elon Musk's $100 Billion Pay Deal
The Tesla CEO’s record-breaking compensation package has hit another roadblock, after a Delaware judge again rejected the deal.The Wall Street Journal - Dec. 3 -
Space Startups Get Government Contracts as SpaceX Explores Share Sale Valued at $350 Billion
The commercial space industry has had a rocket lit under it recently, as the government changes how it awards contracts, looking closely at new innovators.Inc. - Dec. 3 -
DNC chair minimizes November losses, argues Democrats have ‘robust’ foundation
Democratic National Committee (DNC) Chair Jaime Harrison minimized his party’s losses up and down the ballot in November and argued Democrats have a “robust” foundation to build on, going into ...The Hill - Dec. 3 -
Experts create controllable gastric balloon to aid weight loss
Device inflates before eating and contracts afterwards, simulating the effects of having a meal, say scientists. From weight loss jabs to vibrating pills , the obesity crisis has spawned myriad ...The Guardian - Dec. 3 -
AT&T plans to plow $20 billion into buybacks in signal of business turnaround
AT&T’s stock is rising as the company will bring back share repurchases alongside an expected $20 billion-plus in continued dividend commitments over the next three years.MarketWatch - Dec. 3 -
SpaceX’s $350 billion private valuation signals an IPO is off the table for now
Elon Musk’s space business is part of a trend of companies staying private, as its private-market valuation jumps by more than $100 billion with a proposed sale of shares.MarketWatch - Dec. 3 -
Vietnam court may commute tycoon's death sentences if she repays $11 billion
A court in Vietnam has upheld the death sentence for real estate tycoon Truong My Lan but said it could be commuted to life if she reimburses some $11 billionABC News - Dec. 3 -
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Death sentence upheld for tycoon — unless she pays $9 billion
Truong My Lan was convicted of swindling money from Saigon Commercial Bank (SCB) and sentenced to death for fraud totaling $27 billion.CBS News - Dec. 3 -
BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion
The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.CNBC - Dec. 3 -
ServiceTitan’s planned IPO could come with a more than $5 billion valuation
The Glendale, Calif.-based company could raise up to $500 million in its initial public offering.MarketWatch - Dec. 3 -
Microsoft faces £1 billion lawsuit in UK for allegedly overcharging rival cloud firms' customers
Microsoft was accused of unfairly overcharging customers of rival cloud companies including Amazon, Google and Alibaba Cloud in a U.K. lawsuit filed Tuesday.CNBC - Dec. 3 -
Microsoft Faces $1.3 Billion Antitrust Lawsuit Over Cloud Services in U.K.
Microsoft faces a dispute in the U.K. over how it charges customers who buy cloud software services that rival its own Azure, the latest antitrust challenge to the U.S. tech giant’s approach to ...The Wall Street Journal - Dec. 3 -
Elon Musk’s $50 Billion Tesla Pay Can’t Be Reinstated, Delaware Judge Rules
The judge said she would not reverse her decision to strike down the package after Tesla shareholders approved it a second time.The New York Times - Dec. 3 -
Real estate tycoon must pay $9 billion to avoid execution in Vietnam
A court in Vietnam upheld a death sentence for real estate tycoon Truong My Lan, rejecting her appeal in a $12 billion embezzlement and bribery case.NBC News - Dec. 3 -
Vietnamese tycoon faces scramble to raise billions to avoid death sentence
Truong My Lan must repay three-quarters of $12bn she embezzled from bank in a case that shocked the country. The Vietnamese property tycoon Truong My Lan has lost her appeal against the death ...The Guardian - Dec. 3 -
Sanofi to Invest $1 Billion in New Insulin Manufacturing Base in China
The new base, which will be located in Yizhuang, Beijing, marks Sanofi’s second production site in the capital and its fourth in the country.The Wall Street Journal - Dec. 3 -
Rangers Fragile Confidence On Full Display In Disastrous Loss To Devils
The Devils took over Madison Square Garden in every way possible on Monday night.Yahoo Sports - Dec. 3 -
LeBron James scores season-low 10 points in Lakers' 109-80 blowout loss to Timberwolves
LeBron has scored a combined 22 points in his past two games.Yahoo Sports - Dec. 3 -
Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
Elon Musk's pay package granted in 2018 was the largest compensation plan in U.S. history for a public company executive.CNBC - Dec. 3 -
Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
Tesla CEO Elon Musk lost his bid to get his 2018 CEO pay package reinstated on Monday when a Delaware judge upheld her prior ruling that the compensation plan was improperly granted.NBC News - Dec. 3 -
Judge rejects Elon Musk request to reinstate his $56 billion pay package
Elon Musk was seeking to reinstate a massive 2018 Tesla pay package after shareholders had reapproved it, but a judge denied his request.CBS News - Dec. 2 -
GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion
General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its joint venture partner LG Energy Solution.CNBC - Dec. 2 -
Americans expected to spend $13 billion total on Cyber Monday deals
Consumers are focusing on finding deals on Cyber Monday and American spending is expected to rise compared to 2023. CBS MoneyWatch correspondent Kelly O'Grady breaks down the spending trends for 2024.CBS News - Dec. 2 -
Lamar Jackson says his mother cussed him out for not running more in Ravens' loss to Eagles
Jackson's mother apparently had some issues with how her MVP son played on SundayCBS Sports - Dec. 2 -
Ravens’ loss to Eagles highlights potential hole in their playoff hopes. How concerned should they be — and what comes next?
Can Baltimore trust kicker Justin Tucker the rest of the season? And if there's any doubt, should they change how they use him?Yahoo Sports - Dec. 2 -
49ers star Christian McCaffrey leaves blowout loss to Bills early with PCL injury
Kyle Shanahan called the injury "potentially" season-ending after their loss to the Bills on Sunday night.Yahoo Sports - Dec. 2 -
Utah hands No. 3 Notre Dame women their second straight loss
As in their 76-68 loss to No. 17 TCU, one bad quarter doomed the Irish (5-2). They shot just 2 of 11 in the third against the Utes.Yahoo Sports - Dec. 1
