Latest in 5.8 Billion Steel
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Nippon Steel accused by activist of harming minority investors in subsidiary
3D Investment Partners’ claim comes as steelmaker tries to push ahead with $15bn takeover of US SteelFinancial Times - 3h -
Alphabet to buy cybersecurity startup Wiz for $32 billion
Google owner Alphabet has agreed to buy cybersecurity startup Wiz for $32 billionABC News - Mar. 18 -
Ashton Hall’s Unconventional Morning Routine Has Drawn Nearly a Billion Views
Ashton Hall’s unconventional morning routine has drawn close to a billion views, and scores of copycat videos.The New York Times - 5d -
Musk’s xAI Buys Social Media Platform X for $45 Billion
Elon Musk said on X that ‘xAI and X’s futures are intertwined.’ He bought Twitter for $44 billion in 2022.Inc. - 2d -
To Secure $40 Billion, OpenAI Must Complete For-Profit Transition by End-Year
SoftBank can reduce funding to $20 billion if OpenAI fails to fully transition by the deadline.Inc. - 1d -
DOGE Was Created to Save the Government Money. It May End Up Costing Billions Instead
DOGE reports it has saved $130 billion, but between lost tax income and severance costs, the unit may wind up costing the U.S.Inc. - 2d -
Purdue Pharma submits opioid lawsuit settlement plan, including up to $7 billion cash from Sacklers
Members of the Sackler family who own the OxyContin maker Purdue Pharma would hand over the company and up to $7 billion in cash in the latest plan to settle thousands of lawsuits over the toll of ...ABC News - Mar. 19 -
US gives initial approval for Qatar to purchase MQ-9 armed drones for nearly $2 billion
The United States has given an initial approval for the energy-rich Mideast nation of Qatar to buy eight armed MQ-9B Predator drones for its military, an estimated purchase worth nearly $2 billionABC News - 4d -
Elon Musk sells X to his own xAI for $33 billion in all-stock deal
Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on FridayABC News - 2d -
On Minnesota’s Iron Range, Trump’s Tariffs Could Be Boom or Bust
A region near the Canadian border, whose mines provide most of the new ore used in producing domestic steel — and cars — has a lot at stake as trade wars intensify.The New York Times - 19h -
Trump Administration Abruptly Cuts Billions From State Health Services
States have been told that they can no longer use grants that were funding infectious disease management and addiction services.The New York Times - 4d -
SpaceX Faces Fresh Competition for $5.6 Billion in Government Contracts
Rocket Lab and startup Stoke Space were selected to compete for Department of Defense contracts through 2029.Inc. - 2d -
Real Estate Fund Exceeds $2.5 Billion for Affordable Housing
The size of the fund, which is run by the Vistria Group, highlights how investors see an opportunity to address the nation’s housing crisis.The New York Times - 47m -
Canadians pull back on U.S. trips, threatening to widen United States' $50 billion travel deficit
Some carriers are cutting back U.S. flights from Canada due to weaker demand.CNBC - 2d -
Elon Musk says xAI has acquired X in deal that values social media site at $33 billion
In a social media post on Friday, Elon Musk said his startup xAI has acquired his social media company X.CNBC - 16h -
California wildfires left behind 9 billion pounds of toxic ash and debris | 60 Minutes
After the wildfires ravaged homes in Los Angeles, California, cleanup crews faced a new challenge: electric car batteries that can explode when damaged.CBS News - 12h -
Tencent invests $1.25B in Ubisoft’s new core games operating division
Tencent has invested $1.25 billion in a new Ubisoft operating division that includes the core games Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six brands. Ubisoft, the French video game ...VentureBeat - 3d