Latest in 5.6 Billion
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Waymo Raises $5.6 Billion From Outside Investors
Alphabet’s driverless car unit now has vehicles operating in San Francisco, Phoenix and Los Angeles.Business - The New York Times - October 28 -
Alphabet's self-driving unit Waymo closes $5.6 billion funding round as robotaxi race heats up in the U.S.
Alphabet-owned driverless vehicle unit Waymo just closed a $5.6 billion funding round to expand its robotaxi service across the U.S.Business - CNBC - October 25 -
Ancient coins unearthed by metal detectorists sell for $5.6 million
A trove of more than 2,500 silver coins buried for almost 1,000 years will go on display in British museums after being acquired for the nation.Top stories - CBS News - October 23 -
AutoNation’s stock falls after earnings fall short of estimates
The new- and used-car retailer is still feeling the impact of a recent dealership-software outage.Business - MarketWatch - October 25 -
MicroStrategy buys $2 billion in bitcoin in 10 days. Is there $42 billion to go?
Shares of MicroStrategy Inc. entered record territory Monday for the first time in 24 years, as the self-proclaimed largest corporate holder of bitcoin continued to ride the postelection frenzy in ...Business - MarketWatch - November 11 -
Billions of levelling-up cash in limbo
Towns and cities call on the Labour government to deliver the funds promised for vital regeneration.Top stories - BBC News - October 27 -
Mass deportation could cost billions
Bankrolling mass deportation would be costly. It would also require a lot more manpower.Top stories - CBS News - October 27 -
The hidden billions Argentines hold in undeclared savings
Decades of distrust of the country’s currency has resulted in a ‘dollars under the mattress’ cultureWorld - Financial Times - October 23 -
Why Meta and Snap are spending billions on AR glasses
Meta CEO Mark Zuckerberg and Snap CEO Evan Spiegel are betting big that augmented-reality glasses will replace the smartphone.Business - CNBC - October 24 -
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Biden announces $3 billion investment in U.S. ports
President Biden announced a $3 billion investment to reinvigorate ports across the U.S. Mr. Biden spoke from the Port of Baltimore, not far from the site of the Francis Scott Key Bridge collapse.Top stories - CBS News - October 29 -
Alphabet Revenue Jumps 15% to $88.3 Billion
The tech giant’s 34 percent increase in quarterly profit topped Wall Street expectations, driven by its advertising and cloud businesses.Tech - The New York Times - October 29 -
UEFA pledges $1 billion to grow women's soccer
UEFA pledged Wednesday to steer €1 billion ($1.08 billion) toward all levels of women's soccer over the next six years as part of a comprehensive strategy to grow the game in Europe.Sports - ESPN - October 30 -
Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion
The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.Tech - The New York Times - October 30 -
Siemens to Buy Altair in $10.6 Billion Equity Deal
The German industrial giant is acquiring software and technology company Altair, a deal that will increase Siemens’s digital business revenue.Business - The Wall Street Journal - October 30 -
Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit
The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.Business - The New York Times - October 31 -
Kroger Finalizes $1.37 Billion Opioid Crisis Settlement
Kroger finalized a $1.37 billion settlement in connection with the grocery chain’s role in the U.S. opioid crisis, Nevada Attorney General Aaron Ford said.Business - The Wall Street Journal - November 4 -
U.K. government cuts NatWest stake by £1 billion
The British government on Monday said it further trimmed its crisis-era investment in U.K. bank NatWest.Business - MarketWatch - November 11 -
Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion
Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating “cutting-edge” electric-vehicle technology.Business - MarketWatch - November 13 -
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Samsung Electronics Plans $7 Billion Share Buyback
The South Korean technology giant’s stock repurchase plan comes amid investor concerns over its flagship memory-chip business, which is missing out on the artificial intelligence boom.Business - The Wall Street Journal - 6 days ago -
MicroStrategy’s stock surges on $4.6 billion bitcoin buy
MicroStrategy shares are surging on the software company and cryptocurrency play’s $4.6 billion bitcoin buy.Business - MarketWatch - 2 days ago -
MicroStrategy’s $30 billion Bitcoin Bet Is Paying Off
The stock is up 460 percent this year thanks to the crypto—more than double Nvidia’s returns.Business - Inc. - 2 days ago -
A look at the $3 billion classroom safety industry
With school shootings continuing throughout the U.S., classroom safety has become big business. Mark Strassmann takes a look at how some companies are trying to keep students safe.Top stories - CBS News - Yesterday -
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.Top stories - CBS News - October 23 -
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 ...Top stories - CBS News - October 23 -
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 HeleneTop stories - ABC News - October 24 -
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.Top stories - CBS News - October 24 -
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.Top stories - CBS News - October 24 -
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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.Top stories - BBC News - October 25 -
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.Top stories - NBC News - October 24 -
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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 supportWorld - 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