Latest in Carlsberg Cleared to Proceed With $4.2 Billion Britvic Deal
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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 -
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 -
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 -
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 -
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 -
TotalEnergies Boosts Presence in Germany With VSB Deal
TotalEnergies struck a deal to buy renewable-energy company VSB Group from Partners Group for $1.7 billion, expanding its presence in Germany.The Wall Street Journal - 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 -
As global defense spending surges, South Korean arms makers look like a clear winner
A steady increase in global expenditure, combined with growing geopolitical uncertainties has provided South Korean arms makers with larger global markets.CNBC - Dec. 4 -
Adidas Promo Codes & Deals: 15% Off
Join the adiClub to enjoy great benefits, like 15% off and other member-exclusive deals.Wired - 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 -
MLB rumors: Juan Soto nearing decision as bidding clears $600 million, Cardinals likely to trade Nolan Arenado
MLB's hot stove is heating up as Juan Soto gets closer to a choiceCBS Sports - 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 -
Trump takes aim at US Steel deal
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump says he'll block Nippon Steel-U.S. Steel deal President-elect Trump vowed ...The Hill - Dec. 3 -
What's Next in the Legal Battle Over Elon Musk's $100 Billion Pay Deal
The Tesla CEO’s record-breaking compensation package has hit another roadblock, after a Delaware judge again rejected the deal.The Wall Street Journal - 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 -
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What to know about Travel Tuesday deals
In another round of post-Thanksgiving deals, an airfare tracking site says there's an opportunity to save on your next trip. According to Hopper, last year there were nearly twice as many travel ...CBS News - Dec. 3 -
Moscow approves sale of Carlsberg’s Russian assets for $322mn
Danish brewer had previously accused the Kremlin of ‘stealing’ the businessFinancial Times - Dec. 3 -
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 -
13 Best Travel Tuesday Deals (2024)
Welcome to Travel Tuesday. We’ve got deals on suitcases, bags, and noise-canceling headphones ahead of your next flight.Wired - Dec. 3 -
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Carlsberg Sells Russian Baltika Breweries Business
Carlsberg agreed to sell its Russian Baltika Breweries business, ending a long-running legal dispute sparked after the Russian government seized control.The Wall Street Journal - 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 -
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 -
Idaho’s ‘abortion trafficking’ law mostly can be enforced as lawsuit proceeds, court rules
A federal appeals court has ruled that most of Idaho’s law that makes it illegal to help minors get an abortion without their parents’ consent can take effect while a lawsuit challenging its ...ABC News - Dec. 3 -
Zelensky Signals He's Open to Negotiating a Peace Deal
In a shift, the Ukrainian president indicates he would accept a cease-fire with Russia if his country obtains NATO membership.The Wall Street Journal - Dec. 3 -
54 Best Cyber Monday Tech Deals (2024)
All cords lead to WIRED. Come gather to find the best Cyber Monday tech deals before they're gone.Wired - Dec. 2 -
35 Best Cyber Monday Headphone Deals (2024)
Looking for a new pair of earbuds or over-ears? Some of our favorite models are on sale right now.Wired - Dec. 2 -
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 -
Lego Zen Garden Is Discounted In Cyber Monday Deal
Zen gardens are one of the coolest and most tranquil forms of art that you can nurture, but they can be expensive. Fortunately, this Lego replica will save you time, space, and money, as it's on ...GameSpot - Dec. 2 -
How the EU should deal with Trump’s tariff threat
Brussels must try to ensure its response to the US does not trample on trade rulesFinancial Times - Dec. 2
