Latest in 1.45 Billion Wants
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He Was Going to Save Intel. He Destroyed $150 Billion of Value Instead.
Pat Gelsinger was one of the chip pioneer’s true believers. After his rescue strategy failed, the board lost confidence in him. How does this iconic American company survive?The Wall Street Journal - Dec. 5 -
British regulators approve $19 billion Vodafone-Three mobile merger
British regulators said the tie-up can proceed if both companies sign "binding commitments to invest billions" to roll out a 5G network across the U.K.CNBC - Dec. 5 -
How Jensen Huang, CEO of Nvidia, Is Avoiding Billions in Taxes
The chief executive of Nvidia, Jensen Huang, has taken advantage of popular loopholes in the federal estate and gift taxes, which have quietly been eviscerated.The New York Times - Dec. 5 -
General Motors Takes $5 Billion Hit From Ailing China Business
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric vehicles from homegrown brands.The Wall Street Journal - Dec. 4 -
Would Ron DeSantis want to be secretary of defense?
Florida Gov. Ron DeSantis' name is being floated to replace Pete Hegseth as President-elect Donald Trump's pick for secretary of defense, but does he want to take the role? CBS News' Olivia Rinaldi ...CBS News - Dec. 4 -
Sarah Silverman: 'No one' wants to hear from celebrities on politics
Comedian Sarah Silverman said she did not campaign during the 2024 election cycle because, in part, she sensed “no one” wanted to hear from celebrities. “I was on the road with this tour, for one ...The Hill - Dec. 4 -
FIFA Secures $1 Billion Broadcast Deal With DAZN for Club World Cup
An agreement with the London-based streaming company DAZN came just a day before the draw for the inaugural event and after other networks balked at FIFA’s demands.The New York Times - Dec. 4 -
GOP senator wants Hegseth to commit to not drinking
Sen. Kevin Cramer (R-N.D.) said that he wants President-elect Trump's pick for Defense secretary, Pete Hegseth, to stop drinking as reports mount that the former Fox News host has previously done ...The Hill - Dec. 4 -
G.M.’s Ailing China Business Will Deal It a $5 Billion Blow
General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric and hybrid cars have taken off.The New York Times - Dec. 4 -
Johnson rejects Biden request for $24 billion on new Ukraine aid
House Speaker Mike Johnson on Wednesday rejected a White House request to pass $24 billion in additional aid for Ukraine by the end of the year, saying any further assistance for Kyiv would be ...The Hill - Dec. 4 -
Sex abuse victim wants to 'face demons' before demolition
Victims criticise the way in which plans to demolish a building where abuse took place were managed.BBC News - Dec. 4 -
EU Defense Spending Expected to Hit $342.6 Billion in Boon to Arms Makers
European Union countries are expected to increase their combined defense spending this year, which is likely to boost sales among arms contractors.The Wall Street Journal - Dec. 4 -
'I wanted to create a safe space for those with alopecia'
Olivia McVeigh, from County Tyrone, has been named on BBC's 100 Women 2024 list.BBC News - Dec. 4 -
Global investigation exposes alleged billion-dollar Russian money-laundering network
UK and foreign law enforcement agencies say networks laundered cash and cryptocurrencies for organised crime gangs across the west. Operatives said to be behind a billion-dollar Russian ...The Guardian - Dec. 4 -
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 -
Nobody wants to be short this market: “equity repo” edition
Cozzie livs? More like cozzie levsFinancial Times - Dec. 4 -
Tim Cook Wants Apple to Literally Save Your Life
Much as the CEO seems awestruck by AI and his just-released Apple Intelligence, he’s more convinced that the tech giant’s health apps will define the company’s legacy.Wired - Dec. 4 -
Dodgers' Snell: 'This is where you want to play'
The Dodgers introduced pitcher Blake Snell, their latest high-priced free agent signing, at a news conference Tuesday.ESPN - 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 -
Jensen Huang Wants to Make AI the New World Infrastructure
Nvidia CEO Jensen Huang has a plan to bring AI infrastructure to countries around the world, and he’s pitching it in person.Wired - 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 -
Mac Allister: Players want Salah, VVD, Trent stay
Alexis Mac Allister has said he and his Liverpool teammates are hoping that trio Mohamed Salah, Virgil van Dijk and Trent Alexander-Arnold remain at the club next season.ESPN - Dec. 3 -
Consumer watchdog wants FTC to investigate Oz for influencer marketing violations
A consumer advocacy group wants the Federal Trade Commission (FTC) to open an investigation into whether Dr. Mehmet Oz violated influencer marketing rules by promoting products from a wellness and ...The Hill - Dec. 3 -
Cyber Monday Deals Gave Shoppers Exactly What They Wanted
Shopify, Mastercard, and others reported record sales from Black Friday through Cyber Monday as holiday shoppers scouted for price cuts.Inc. - Dec. 3 -
NATO chief wants less talk of peace process in Ukraine, more arms
NATO’s Secretary-General Mark Rutte argued that Ukraine needs to be put in a “position of strength” instead of being pushed toward peace talks, while speaking at a Tuesday conference ahead of the ...The Hill - Dec. 3 -
Nursing Home Industry Wants Trump to Rescind Staffing Mandate
A Biden administration rule that imposed minimum rules on nursing levels may not survive, even though many homes lack enough workers to maintain residents’ care.The New York Times - 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 -
Why Hackers Want Your Health Information
Health records contain personal information that can leave patients exposed to financial and medical risks.The Wall Street Journal - 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 $1.3 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 -
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 -
The Papers: Starmer wants 'closer US ties' and Wallace 'Boiling Point'
The PM's comments on Donald Trump and the fallout over allegations about the MasterChef presenter lead the papers.BBC News - 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 -
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 -
Trump Wants to Shake Up Health Care. Many Americans Don’t Mind.
Some voters galvanized by Robert F. Kennedy Jr.’s pledge to “Make America Healthy Again” said they believed the health establishment was dismissive and even corrupt.The New York Times - Dec. 2
