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EU spends more on Russian oil and gas than financial aid to Ukraine – report
Europe estimated to have bought €22bn of fossil fuels from Russia in 2024 but gave €19bn to support Kyiv. The EU is spending more money on Russian fossil fuels than on financial aid to Ukraine, a ...The Guardian - 3d -
Starmer defends slashing aid budget to raise defence spending to 2.5% of GDP - UK politics live
Keir Starmer says now is the time to deepen European security, as he announces new defence budget by 2027. The rightwing historian Niall Ferguson is in the audience for Badenoch’s speech, ...The Guardian - 2d -
Cava’s sales forecast misses estimates, but fast-casual chain says diners are spending more
Shares of Cava Group Inc. fell after hours on Tuesday after the Mediterranean fast-casual chain forecast full-year same-store sales that were below analysts’ expectations, following what some ...MarketWatch - 2d -
Amazon bets savings from automation can help fuel AI spending boom
US tech giant expected to spend as much as $25bn on warehouse automation in broader efficiency driveFinancial Times - 1d -
Oil major BP to slash renewable spending and double down on fossil fuels in strategy reset
British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion as part of a fundamental strategic reset.CNBC - 1d -
2025 NFL free agency: Biggest needs for every AFC team this offseason; how will Patriots, Raiders spend money?
Breaking down the biggest needs in the AFCCBS Sports - 1d -
GameStop CEO Ryan Cohen hikes his personal stake in Alibaba to $1 billion, WSJ says
Cohen's sizable stake in Alibaba is a bullish bet on China's economic growth in the long run, The Wall Street Journal said.CNBC - Feb. 20 -
IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company's history
Aiding IMAX's lofty box office goals is the Chinese title "Ne Zha 2," which has already garnered $1.6 billion globally, including IMAX screenings.CNBC - 6d -
IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company's history
An “embarrassment of riches” at the box office could fuel a $1.2 billion year for IMAX, CEO Rich Gelfond told CNBC on Friday.NBC News - 6d -
Crypto exchange Bybit suffers $1.4 billion hack. Here’s why it’s troubling for the industry.
The hack of Bybit is the latest incident in which the crypto industry has been targeted.MarketWatch - 6d -
Hackers steal $1.5 billion from exchange Bybit in biggest-ever crypto heist
Bybit, a major cryptocurrency exchange, has been hacked to the tune of $1.5 billion in digital assets, in what’s estimated to be the largest crypto heist in history.NBC News - 6d -
Hackers steal $1.5 billion from exchange Bybit in biggest-ever crypto heist
Bybit, a major cryptocurrency exchange, has been hit by the largest crypto heist in history.CNBC - 5d -
Newsom requests nearly $40 billion in disaster aid following Los Angeles wildfires
California Gov. Gavin Newsom (D) sent a letter to members of Congress requesting nearly $40 billion in funding to rebuild communities after wildfires devastated the Pacific Palisades and Altadena ...The Hill - 5d -
California Gov. Gavin Newsom asks Congress for nearly $40 billion for Los Angeles wildfire relief
SACRAMENTO, Calif. — California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January’s devastating wildfires, which he said ...NBC News - 4d -
Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record $334 billion
Berkshire Hathaway reported fourth-quarter results on Saturday. The company's Class A shares popped more than 25% in 2024.CNBC - 3d -
Forget Stargate. Apple now has its own $500 billion investment plan.
Apple is matching the amount of the Stargate AI joint venture — and building goodwill with the new administration in a familiar approach.MarketWatch - 3d -
Just Eat shares soar 54% after Prosus offers to buy food delivery firm for $4.3 billion
Just Eat Takeaway.com is poised to be acquired by Dutch technology investor Prosus in a deal worth roughly 4.1 billion euros ($4.3 billion).CNBC - 3d -
Apple to open AI server factory in Texas as part of $500 billion U.S. investment
Apple said it will work with partners to open a 250,000-square-foot AI server manufacturing facility in Houston.CNBC - 3d -
Microsoft reiterates plan to invest $80 billion in AI, but may 'adjust our infrastructure in some areas'
Microsoft hasn't backed off its plan for the current fiscal year but acknowledged that it may makes some infrastructure adjustments.CNBC - 3d -
Crypto exchange Bybit says it fully replenished reserves after record $1.5 billion hack
Bybit said it recovered nearly 447,000 ether tokens, replenishing its reserves through a mix of emergency loans and whale deposits.CNBC - 3d -
GM raises dividend and unveils $6 billion buyback program to cheer weary shareholders
Uncertainty about tariffs and labor-cost headwinds have weighed on stock this yearMarketWatch - 1d -
Musk’s cost-cutting drive quietly deletes billions in claimed savings from website
‘Wall of receipts’ drops five largest savings claimed by ‘department of government efficiency’ after debunking. US politics live – latest updates When Elon Musk ’s cost-cutting drive, the ...The Guardian - 1d -
Munich Re announces buybacks even after saying it expects $1.2 billion in claims from California fires
Shares of Munich Re climbed on Wednesday after the German reinsurer stuck to its outlook, despite announcing hefty expected claims from California wildfires.MarketWatch - 1d -
VA pauses billions in cuts lauded by Musk as lawmakers and veterans decry loss of critical care
The Department of Veterans Affairs has temporarily suspended billions of dollars in contract cuts after an uproar that critical veterans health services were harmed, lawmakers and veterans service ...ABC News - 1d -
CFPB moves to drop suit accusing Capital One of cheating customers out of $2 billion
The Consumer Financial Protection Bureau is moving to drop a suit against Capital One brought during the Biden administration just last month that accused the bank of cheating customers out of a ...NBC News - 10h -
Bonus season: how does yours measure up?
Our annual survey of FT readers shows bonus payouts are on the rise, but so too are tax concerns and school feesFinancial Times - 6d -
Here Are the Digital Clues to What Musk Is Really Up To
What will DOGE do with access to personal data on almost all Americans?The New York Times - 6d -
Why the Price of Gold Keeps Going Up
The precious metal, considered a haven asset, is usually sought out by investors during times of turmoil.The New York Times - 6d -
Bernie Sanders Isn’t Giving Up His Fight
The senator worries that too many Democrats remain reluctant to shake up the system. But he does not regret defending Joseph R. Biden Jr. until the very end.The New York Times - 6d -
Evening Report — Hegseth moves to shake up Pentagon
{beacon} Evening Report TRUMP FIRST 100 DAYS © Virginia Mayo, Associated Press Hegseth moves to shake up the Pentagon DEFENSE SECRETARY PETE HEGSETH is moving to overhaul the Pentagon through ...The Hill - 6d -
John Oliver loves performing stand-up most
Comedian John Oliver tells 60 Minutes that performing stand-up is his "favorite place to be" and explains why bombing on stage is helpful for comedians.CBS News - 4d -
Now is the time for Europe really to step up on Ukraine
The future of the post-1945 security order hangs in the balanceFinancial Times - 3d -
Man Utd announce up to 200 more redundancies
Manchester United have announced plans to make up to another 200 staff redundant as part of their continuing cost-cutting measures.ESPN - 2d -
The seven bills due to go up in April
A number of bill rises will come into force at the start of what some commentators have described as "awful April".BBC News - 2d -
Technology is speeding up tax season, but not the audit process
Politicians on both sides of the political aisles should relish giving their constituents a much-deserved psychological rest after completing their tax-return filing duties.The Hill - 2d -
These 3 Reasons Are Why Workplace Friendships Are Drying Up
Short job tenures, Zoom, and layoff uncertainty are accelerating people’s distance from one another at work.Inc. - 2d -
Amazon's Souped-Up Alexa+ Arrives Next Month
Alexa+ will cost $20 a month but will be free for Amazon Prime members. It'll eventually arrive on nearly every Alexa device the company has shipped.Wired - 1d -
Ready for Their Close-Ups at the Oscar Nominees Dinner
Over 100 awards hopefuls gathered at the Academy Museum for a class photo just days before the ceremony. Our photographer and columnist were there.The New York Times - 1d