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$2 billion marina development aims to turn Fort Lauderdale into 'mini Monaco'
The new development at the Bahia Mar marina will include a hotel, condo towers, a beach club, restaurants and retail space, according to the plans.Business - CNBC - October 30 -
Wall Street Giants to Make $50 Billion Bet on AI and Power Projects
KKR and Energy Capital Partners plan to invest in development of data centers and the power infrastructure to support them.Tech - The Wall Street Journal - October 30 -
Jeff Bezos, Elon Musk and the Billions of Ways to Influence an Election
The world’s richest men have their own rocket fleets, their own media and their own schemes to succeed with Donald J. Trump.Business - The New York Times - October 31 -
UK Budget: Labour Party to Raise Taxes by 40 Billion Pounds
Rachel Reeves, the finance minister, announced substantial tax increases in her first budget as she sought to strengthen public finances and services.Business - The New York Times - October 30 -
Meta’s Reality Labs posts $4.4 billion loss in third quarter
Meta's Reality Labs unit, which develops augmented and virtual reality technologies, logged an operating loss of $4.4 billion in the third quarter.Business - CNBC - October 30 -
Biden administration announces $2.4 billion for new rail projects
The Biden administration announced $2.4 billion in funding for new rail projects Tuesday. Officials are hoping the investment will spur new job opportunities for Americans as they undertake 122 ...Politics - The Hill - October 30 -
Oil bigwigs open wallets for Trump after billion-dollar request
Oil and gas tycoons made significant contributions to the Trump campaign after the former president asked the industry for $1 billion to support his reelection bid — and reportedly said it would be ...Politics - The Hill - October 31 -
Super Micro's $50 billion stock collapse underscores risk of AI hype
Since being added to the S&P 500 in March, Super Micro has lost about two-thirds of its value and now faces the risk of Nasdaq delisting.Business - CNBC - October 31 -
John Fisher pledges $1 billion to construction of A's stadium in Las Vegas
Athletics executive Sandy Dean says club owner John Fisher and his family will invest $1 billion into the construction of a stadium in Las Vegas and U.S. Bank and Goldman Sachs will offer a $300 ...Sports - ABC News - October 31 -
Trump's wealth slumps by $1.9 billion amid DJT stock plunge
Trump Media & Technology Group's stock, which trades under DJT, is plunging just days before the November 5 election.Top stories - CBS News - October 31 -
Super Micro's $50 billion stock collapse underscores risk of AI hype
In March, Super Micro Computer was added to the S&P 500 after an epic run that lifted the stock by more than 2,000% in two years, dwarfing even Nvidia’s gains.Top stories - NBC News - October 31 -
Elon Musk’s xAI in Funding Talks That Could Value Company at $40 Billion
The financing efforts follow that of rival OpenAI, which recently closed a funding round that valued it at $157 billion.Tech - The New York Times - October 31 -
Intel Posts $16.6 Billion Quarterly Loss, Its Biggest Ever
The Silicon Valley chip maker has struggled to turn around its fortunes after missing opportunities and poor execution.Tech - The New York Times - October 31 -
The Columbus Blue Jackets Are Now Valued Over $1 Billion Per Sportico
The Columbus Blue Jackets paid an expansion fee of $80 million to start in 2000.Sports - Yahoo Sports - October 30 -
Chevron beats earnings expectations, returns more than $7 billion to shareholders
Chevron's stock is largely flat for the year, underperforming the S&P 500 energy sector which has gained more than 6%.Business - CNBC - November 1 -
Judge Plans to Rule on Musk’s $56 Billion Tesla Payday by Year End
The contentious proceedings in Delaware’s Court of Chancery should be complete by the end of December, according to the judge’s letter to lawyers in the case.Business - Inc. - November 1 -
The Budget Hawk Atop a Tech Giant's $64 Billion Spending Spree
Amy Hood is at the center of Microsoft’s bet-the-company dive into AI.Tech - The Wall Street Journal - November 1 -
Warren Buffett sitting on billions as Berkshire Hathaway sells Apple stock
Berkshire said in its earnings report Saturday that it sold off roughly another 100 million Apple shares in the third quarter after halving its massive investment in the iPhone maker last quarter.Top stories - CBS News - November 2 -
Labour challenges Badenoch to back billions for public services and tax rises
Rachel Reeves throws down budget gauntlet to new Tory chief as party’s first black leader is congratulated on win. Labour has thrown down an immediate challenge to the new Tory leader, Kemi ...World - The Guardian - November 2 -
Warren Buffett Accumulates $325 Billion in Cash While Unloading Stocks
Buffett explained that he began selling shares because he expects tax rates to go higher in the future.Business - Inc. - November 3 -
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Inside the Massive Crime Industry That’s Hacking Billion-Dollar Companies
When you download a piece of pirated software, you might also be getting a piece of infostealer malware, and entering a highly complex hacking ecosystem that’s fueling some of the biggest breaches ...Tech - Wired - November 4 -
Kroger to pay nearly $1.4 billion to settle opioid lawsuit claims
Supermarket chain Kroger has finalized a nearly $1.4 billion agreement to settle the majority of the claims made by states, counties and Native American tribes that accused the company of helping ...Politics - The Hill - November 4 -
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Wall Street Financiers Queue Up for a Chance at Billions in Saudi Oil Cash
Are you an international business titan on the hunt for billions of dollars of Saudi oil cash? Prepare for “a mind game.”Business - The New York Times - November 5 -
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AI Startup Perplexity to Triple Valuation to $9 Billion in New Funding Round
The artificial intelligence search company is raising $500 million in its fourth funding round this year.Tech - The Wall Street Journal - November 5 -
After Hurricanes, Duke Energy Estimates $2.9 Billion in Restoration Costs
After hurricanes Debby, Milton and Helene, a leading energy producer in the South puts a price tag on replacing lost equipment and turning the lights back on in affected areas.Business - Inc. - November 7 -
Spain's catastrophic floods: At least 219 dead and billions in damage
Spain’s catastrophic floods have left behind staggering devastation and despairWorld - ABC News - November 7 -
How Samsung fell behind in the AI boom leading to a $126 billion wipeout
Samsung Electronics has fallen behind long-time rival SK Hynix in the area of high-bandwith memory.Business - CNBC - November 8
