2.65 Billion - QuikReader

Perplexity AI Hopes to Double Its Valuation to $8 Billion

The Jeff Bezos-backed AI company is looking to raise around $500 million in its new funding round.

Business - Inc. - October 20

Perplexity AI seeks valuation of about $9 billion in new funding round

Perplexity started the year with a roughly $500 million valuation and has continued attracting significant investor interest alongside the generative AI boom.

Business - CNBC - October 21

UK Employment Reforms to Cost Firms Up to £4.5 Billion a Year

World - Yahoo News - October 21

Lucid CEO defends $1.75 billion capital raise following stock drop

Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.

Business - CNBC - October 22

Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise

DETROIT — Investors misinterpreted a public offering last week by Lucid Group that raised roughly $1.75 billion — and led to the stock’s worst daily performance in nearly three years — CEO Peter ...

European Parliament votes in favour of €35 billion loan for Ukraine

World - Yahoo News - October 22

SAP Gains $26 Billion in Market Value, Surging Past ASML

The German business-software company’s shares climbed more than 5% after it raised its revenue and earnings forecasts for the year on strong demand for AI.

Business - The Wall Street Journal - October 22

Boeing reports $6.1 billion loss as strike takes toll on plane maker

Boeing reported a massive third-quarter loss, partly due to billions in charges from its airline programs as well as the current strike.

Boeing reports $6 billion loss ahead of pivotal union vote

Boeing reported losses topping $6 billion last quarter as voting kicks off Wednesday on a labor contract that could put an end to a weeks-long strike that has crippled the aviation giant. “It will ...

Politics - The Hill - October 23

G7 Finalizes $50 Billion Ukraine Loan Backed by Russian Assets

The economic lifeline is expected to be disbursed by the end of the year.

Business - The New York Times - October 24

Boeing workers to vote on ending strike as company reports billions in quarterly losses

Striking Boeing workers are set to vote on a new contract offer Wednesday after the company announced a $6 billion loss in its third-quarter earnings. CBS News senior transportation correspondent ...

Boeing Awaits Strikers’ Vote, Reports $6 Billion Quarterly Loss

The 30,000 union workers who walked off the job six weeks ago vote on a new contract proposal as the plane maker keeps reeling from a brutal year.

Business - Inc. - October 23

North Carolina lawmakers convene again to address Hurricane Helene's billions in damages

North Carolina state legislators are returning to work to consider further relief for recovery from Hurricane Helene

Meet ZachXBT, the Masked Vigilante Tracking Down Billions in Crypto Scams and Thefts

He just untangled a $243 million bitcoin theft, what may be the biggest-ever crypto heist to target a single victim. And he has never shown his face.

Tech - Wired - October 24

Hurricane Helene's damage in North Carolina estimated at record $53 billion

The catastrophic flooding and destruction caused by Hurricane Helene in western North Carolina likely caused at least a record $53 billion in damages and recovery needs, state officials say.

Medicare Advantage plans get billions for dubious diagnoses: Report

Medicare Advantage plans run by private insurers are reaping billions by making home visits for senior citizens.

Study: Germany needs €400 billion to renew crumbling infrastructure

World - Yahoo News - October 24

ServiceNow flirts with $200 billion market cap as AI momentum draws cheers

ServiceNow’s stock is on track for a record close Thursday following an upbeat earnings report.

Business - MarketWatch - October 24

Chancellor to change debt rules to release billions for infrastructure spending

Rachel Reeves tells the BBC the change will allow the government to borrow more money - but cuts are still expected in her first Budget next week.

Outside spending eclipses $1 billion in the presidential race, setting a new record

Outside groups have poured a record-breaking $1.1 billion into the presidential race with less than two weeks to go before Election Day.

Paris aid talks mobilize €1 billion for Lebanon, as war drags on

World - Yahoo News - October 24

The Paris conference for Lebanon raises $1 billion in pledges for humanitarian and military support

An international conference for Lebanon in Paris raised $1 billion in pledges for humanitarian aid and military support

World - ABC News - October 24

Harris, Trump and Allies Spend Over a Half-Billion Dollars in 16 Days

Donald Trump has now raised $1 billion since announcing his run for president. And he has Elon Musk’s $119 million. But Kamala Harris has a huge cash advantage.

Top stories - The New York Times - October 25

A Psychologist Explains Why Americans Spend Billions to Scare Themselves Silly on Halloween

Why do Americans shell out north of $12 billion on Halloween? A psychologist explains the appeal of scaring ourselves silly.

Business - Inc. - October 25

Thames Water Proposes $3.9 Billion Funding Deal to Continue Operations

The U.K. water company said the deal would enable the debt-laden company to continue with its planned investment and maintenance of its infrastructure.

Business - The Wall Street Journal - October 25

Biden administration announces $3 billion for rural electric co-ops

The Biden administration announced more than $3 billion Friday in funding for seven rural electric cooperatives, part of a broader effort to promote renewable energy in rural areas. The grants ...

Politics - The Hill - October 25

Trump mass deportation plan could cost billions a year

Immigration experts say Donald Trump's mass deportation plan, if carried out, could be complicated and cost billions a year. It could also lead to more family separations.

Latest in 2.65 Billion