Latest in Munich Re announces buybacks even after saying it expects $1.2 billion in claims from California fires
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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 - 6h -
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 - 5d -
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 - 5d -
GM raises quarterly dividend, initiates $6 billion stock buyback
General Motors said Wednesday that it is raising its quarterly dividend and initiating a new $6 billion share repurchase program.CNBC - 7h -
Evening Report — Trump says Ukraine deal is close after Russia vote
{beacon} Evening Report TRUMP FIRST 100 DAYS © Greg Nash, The Hill Trump says Ukraine deal is close after Russia vote IT'S A CRITICAL WEEK for global diplomacy in Washington, with the fate of ...The Hill - 2d -
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 - 8h -
McConnell announces he will not seek re-election in Senate floor speech
Sen. Mitch McConnell, R-Ky., marked his 83rd birthday on the Senate floor as he announced that he will not be seeking re-election to Congress in 2026.NBC News - 6d -
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 - 9h -
More large-scale federal firings expected, sources say, creating concern among workers
Sources tell CBS News that the Trump administration plans to issue a new memo in the coming days directing agencies to prepare for large-scale firings. Meanwhile, Elon Musk will be at President ...CBS News - 7h -
China holds live-fire exercises in Gulf of Tonkin after Vietnam marks its territorial claims
China says its forces have begun live-fire exercises in the Gulf of Tonkin only days after Vietnam announced a new line marking what it considers its territory in the body of water between the two ...ABC News - 2d -
Apple announces $500 billion investment in U.S.
Apple has announced a $500 billion investment in the U.S. over the next four years. The company also said it will hire 20,000 additional workers in the U.S. CBS MoneyWatch Correspondent Kelly ...CBS News - 2d -
California governor asks Congress for nearly $40 billion for LA wildfire relief
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 wildfiresABC News - 3d -
From Baywatch to toxic waste - LA's iconic beaches unrecognisable after fires
Under orders from President Trump, the EPA is trying to fast track the clean-up of toxic debris from LA's fires.BBC News - 3d -
Federal workers demand help from Congress after firings, Musk's ultimatum
Federal workers are struggling to figure out what is happening with their jobs after Elon Musk's ultimatum to document their work or resign. Some are showing up at town halls nationwide, demanding ...CBS News - 1d -
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 - 2d -
Travis Kelce retirement rumors: Chiefs GM expects star TE back next season, says he's 'fired up' about playing
Kelce, 35, mulled retirement following Super Bowl LIXCBS Sports - 1d -
Watch live: Ramaswamy expected to announce campaign for Ohio governor
Vivek Ramaswamy on Monday announced his campaign for Ohio governor. Ramaswamy built up his national profile through his long-shot presidential bid last year, before becoming a Trump surrogate and ...The Hill - 1d -
You can still claim up to $2,000 per kid from the child tax credit, but that amount may drop after 2025—here's what to know
If Congress doesn't address the soon-expiring expanded child tax credit, parents could see a higher tax bill in the coming years.CNBC - 1d -
Trump Claims Power to Fire Administrative Law Judges at Will
The Justice Department said a law protecting the officials from arbitrary removal is an unconstitutional intrusion on presidential authority.The New York Times - 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 - 3d -
LeBron, Bronny James deny allegations made in new lawsuit claiming involvement in Southern California car crash
LeBron James and his son, Bronny, were named in a lawsuit claiming they crashed into two people on a Los Angeles-area highway in 2022.Yahoo Sports - 21h -
Climate change is coming for coastlines, from ancient cities to modern California: Study
Climate change-induced seawater intrusions are hastening the collapse of buildings in the ancient Egyptian port city of Alexandria — posing threats similar to those challenging coastal California, ...The Hill - 5d -
Former FAA worker speaks out after firing, says he is "deeply concerned" for public safety
The Trump administration cut about 400 probationary FAA workers last weekend. Charles Spitzer-Stadtlander, former FAA national defense program worker, joins "The Daily Report" to discuss his firing ...CBS News - 5d -
California wildfire aid will come with 'strings,' says Trump envoy Grenell
The Trump administration will place “strings” on the recovery assistance it gives to California after the state faced deadly wildfires, Trump envoy Richard Grenell said Friday. “The federal ...The Hill - 5d -
Stanford AD Muir expected to resign, sources say
Stanford athletic director Bernard Muir is expected to resign from his position, sources told ESPN, after 13 years at the school.ESPN - 1d -
Balatro and others re-rated by PEGI after successful appeal, prompting a rule revision
The popular deckbuilding game has won its most important hand yet with a victory over the European ratings board, which objected to its content.VentureBeat - 1d -
Bad DOGE: Firing IRS workers will fuel tax cheating and cost billions
Cutting IRS jobs may sound appealing to some, but the long-term consequences could be disastrous.The Hill - 1d -
Thousands of IRS employees expected to be fired by Trump administration this week
One month into Trump's new administration, the president is continuing with his efforts to reshape the federal government. More than 6,000 IRS employees are expected to be fired by the end of the ...CBS News - 5d -
Chiefs GM expects 'fired up' Kelce to play in '25
Chiefs general manager Brett Veach said Tuesday that he expects Travis Kelce to play in 2025 after his most recent conversation with the star tight end.ESPN - 1d -
Apple announces $500 billion investment in US amid tariff threats that could affect the iPhone
Apple announced Monday that it plans to invest more than $500 billion in the United States over the next four years, including plans to hire 20,000 people and build a new server factory in TexasABC News - 2d -
Trump praises Doge in first cabinet meeting and claims ‘billions’ in savings without evidence – live
Elon Musk attends first cabinet meeting of Trump’s second term amid chaos and confusion caused by his efforts to cull the federal government workforce. Trump’s first full cabinet meeting ...The Guardian - 3h -
Data shows some California fire victims at risk of falling behind on mortgage payments
New data shows that about one in four borrowers in the area of Los Angeles' Palisades Fire are at risk of falling behind on their mortgage payments. Sarah McGregor, Bloomberg News managing editor ...CBS News - 21h -
TJ Maxx parent company says it will benefit from chaotic market conditions after strong holiday
The company behind T.J. Maxx, Marshall's and HomeGoods has seen growth start to slow down, but it's one of the few retailers that could benefit from tariffs.CNBC - 36m -
$1.4 Billion Stolen From ByBit in Biggest Crypto Theft Ever
Plus: Apple turns off end-to-end encrypted iCloud backups in the UK after pressure to install a backdoor, and two spyware apps expose victim data—and the identities of people who installed the apps.Wired - 4d -
Arizona advances bill to keep AI from rejecting medical claims
Arizona state lawmakers advanced a bill Thursday that would ban the use of artificial intelligence (AI) to deny medical claims. The Arizona House of Representatives passed the legislation 58-0, ...The Hill - 5d -
MicroStrategy now owns $47.4 billion worth of bitcoin after latest purchases
Last week, the company disclosed that it was more than doubling its bitcoin holdings last year while reducing its workforceMarketWatch - 1d -
Apple says it will invest $500 billion in U.S. over next 4 years
Apple's plans include building a new manufacturing plant to produce Apple Intelligence servers in Texas.CBS News - 2d -
Breast cancer diagnoses and deaths expected to surge worldwide, says WHO
Cases in UK set to rise by 21% and deaths by 42%, while globally one in 20 women will be diagnosed with disease. Breast cancer diagnoses and deaths are projected to surge worldwide by 2050, the ...The Guardian - 2d -
Travis Kelce expected to return next season, Chiefs GM says
Kansas City Chiefs general manager Brett Veach said Tuesday that he anticipates star tight end Travis Kelce will return for the final season of his contract in 2025.NBC News - 1d -
Basketball world gives Taurasi her flowers after retirement announcement
The WNBA legend and all-time leading scorer hoisted three titles and won two Finals MVPs across her career.ESPN - 9h