Latest in SBA to Get $2.2 Billion in Disaster Aid, As Congress Approves $100 Billion Ahead of Weekend Deadline
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SBA to Get $2.2 Billion in Disaster Aid, as Congress Approves $100 Billion Ahead of Weekend Deadline
Congress has finally released its plan to replenish the Small Business Administration’s disaster aid program two months after the agency’s coffers were depleted.Inc. - 8h -
Congressional Leaders Unveil Short-Term Spending Bill Tied to Disaster Aid
What started out as a simple stopgap measure to avert a shutdown for a few months became a magnet for more than $100 billion in emergency disaster and farm aid, plus a host of unrelated policy ...The New York Times - 17h -
Why is tech giant SoftBank investing over $100 billion in the US?
Japanese tycoon Masayoshi Son has joined President-elect Donald Trump in announcing plans by technology and telecoms giant SoftBank Group to invest $100 billion in projects in the United StatesABC News - 1d -
With Trump Ascendant, Even Ukraine’s Allies in Congress Rethink Aid
Reality has set in on Capitol Hill that with President-elect Donald J. Trump poised to take office, the era of U.S. military support for Ukraine is coming to an end.The New York Times - 22h -
Databricks announces $10 billion financing at $62 billion valuation
The company's new valuation is up from $43 billion in 2023.CNBC - 1d -
Congress scrambles to finalize a short-term bill with shutdown deadline days away
Congress is working to finalize a short-term funding bill to avoid a government shutdown this weekend, right before the holidays.NBC News - 1d -
Government funding bill will run through March, include $100B in disaster aid
Pieces of a bipartisan effort to prevent a government shutdown during the holiday season are beginning to come into focus, including a March end-date and $100 billion in disaster aid. GOP ...The Hill - 1d -
Congress expected to vote on SBA funding as hurricane victims struggle to recover
Congress is expected this week to vote on billions of dollars of aid for communities damaged by hurricanes and floods earlier this year. The Small Business Administration warned in October that the ...CBS News - 1d -
Some in North Carolina still waiting on disaster aid after Hurricane Helene
Following the historic flooding from Hurricane Helene, many in North Carolina were denied disaster loans from the U.S. Small Business Administration because it had run out of money. Scott ...CBS News - 1d -
Trump and SoftBank CEO Announce $100 Billion Investment in US Projects
The technology company plans to invest $100 billion in U.S. projects, echoing the multibillion-dollar pledge it made after Donald J. Trump’s first election victory in 2016.The New York Times - 1d -
Softbank Plans to Invest $100 Billion in U.S. Projects Through 2028
CEO Masayoshi Son joined President-elect Trump at Ma-A-Lago to make the announcement.Inc. - 2d -
Trump announces Japanese firm SoftBank plans to invest $100 billion in U.S.
President-elect Donald Trump pledged expedited approvals for any company that invests at least $1 billion in the U.S. SoftBank's investment will focus on AI and emerging technology.CBS News - 2d -
SoftBank CEO and Trump announce $100 billion investment in U.S. by firm
The money will be deployed before the end of Trump's term.CNBC - 2d -
Trump announces $100 billion investment from SoftBank Group in U.S. projects
President-elect Donald Trump and SoftBank Group CEO Masayoshi Son announced on Monday a $100 billion investment from SoftBank into U.S. projects over the next four years.CBS News - 2d -
UK government approves $4.6-billion takeover of Royal Mail by a Czech billionaire
Britain’s government has approved the sale of Royal Mail’s parent company to a Czech billionaire, paving the way for the postal service to pass into foreign ownership for the first time in its ...ABC News - 2d -
Trump and Japan tech conglomerate SoftBank announce $100 billion in U.S. investments
President-elect Donald Trump and the head of Japanese tech conglomerate SoftBank, Masayoshi Son, will announce a $100 billion investment effort designed to spur artificial intelligence and related ...NBC News - 2d -
CEO of $210 billion chipmaker holds meetings on weekends, expects work after midnight: 'People are really motivated by ambitious goals'
Hard work breeds success and creates good leaders, says AMD CEO Lisa Su — who reportedly asks some employees to do work tasks on weekends and after midnight.CNBC - 5d -
Cathie Wood's ARKK gets a 30% Trump bump, but outflows persist and top $3 billion in 2024
Wood's flagship Ark Innovation ETF (ARKK) has surged more than 30% since Election Day, but the fund is still suffering from investor outflows.CNBC - 6d -
House approves $895 billion defense bill with gender-affirming care restrictions
The House approved the massive $895 billion National Defense Authorization Act on Wednesday, after a controversial provision on gender-affirming care prompted backlash from Democrats.CBS News - 6d -
NFL approves sale of minority stake in the Philadelphia Eagles at $8.3 billion value
The National Football league has approved the sale of a minority stake in the Philadelphia Eagles to two family investment groups.CNBC - Dec. 11 -
NFL approves sale of a minority stake in the Philadelphia Eagles at $8.3 billion value
The National Football League has approved the sale of a minority stake in the Philadelphia Eagles to two family investment groups.NBC News - Dec. 11 -
Morning Report — Dear Congress, your deadline is nigh
In today’s issue: The trouble with lame-duck congressional sessions is that they’re so short and too long. In 10 days, Congress will run out of funds to keep the government operating through the ...The Hill - Dec. 10 -
Congress races toward fast-approaching government shutdown deadline
Congress has just 10 days until government funding is set to run out, and lawmakers don’t have a deal to keep the lights on during the holidays. Members on both sides of the aisle expect the ...The Hill - Dec. 10 -
Jim Cramer reviews companies that cracked $100 billion in 2024
CNBC's Jim Cramer looked at the performance of Palantir, AppLovin, Spotify and Arista Networks, among others.CNBC - Dec. 9 -
Arthur J. Gallagher to Acquire AssuredPartners for $13.45 Billion
Arthur J. Gallagher said that buying the insurance broker would expand its retail middle-market property and casualty focus across the U.S.The Wall Street Journal - Dec. 9 -
Returns are an $890 billion problem for retailers
Holiday shopping is expected to reach record levels this year.NBC News - Dec. 8 -
Retail returns: An $890 billion problem
As shopping reaches a peak in the weeks ahead, retailers expect their return rate for the holidays to be 17% higher, on average, than the annual rate.CNBC - Dec. 7 -
A $400 Billion Clean Energy Program Is Racing to Get Money Out the Door
Some fear Donald Trump could freeze the Energy Department’s loan office, which supports electric vehicles, geothermal, nuclear and other novel technologies.The New York Times - Dec. 6 -
The A’s Near Agreement for $1.75 Billion Las Vegas Stadium
A groundbreaking on the new A’s stadium is likely by the 2028 season.Inc. - Dec. 6 -
Morning Report — Congress braces for first 100 days
In today’s issue: As Republican lawmakers gear up for the 119th Congress, the House and Senate are bracing for differing challenges in the first 100 days of President-elect Trump’s administration. ...The Hill - 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 -
House Freedom Caucus comes out against ‘unpaid’ disaster aid
The hardline conservative House Freedom Caucus came out against “unpaid” disaster aid legislation in an official statement on Wednesday, urging “not one more cent to the Biden administration.” In ...The Hill - Dec. 5 -
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 -
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 -
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 -
Space Startups Get Government Contracts as SpaceX Explores Share Sale Valued at $350 Billion
The commercial space industry has had a rocket lit under it recently, as the government changes how it awards contracts, looking closely at new innovators.Inc. - Dec. 3 -
Congress faces shutdown dilemma that could mess with Trump's first 100 days
Congress faces a Dec. 20 deadline to avert a government shutdown and is expected to kick the funding fight til early 2025 when President-elect Donald Trump will be in office.NBC News - Dec. 3 -
Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
Elon Musk's pay package granted in 2018 was the largest compensation plan in U.S. history for a public company executive.CNBC - Dec. 3 -
Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
Tesla CEO Elon Musk lost his bid to get his 2018 CEO pay package reinstated on Monday when a Delaware judge upheld her prior ruling that the compensation plan was improperly granted.NBC News - Dec. 3
