Latest in Struggling With Errors, DOGE Deletes Billions More From List of Savings
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Eli Lilly to spend up to $27 billion in new domestic plants amid Trump tariff threat
Drugmaker Eli Lilly plans to invest up to $27 billion to build four new pharmaceutical manufacturing sites in the U.S., the company announced Wednesday, a move that comes as President Trump is ...The Hill - Feb. 26 -
Eli Lilly to spend $27 billion to expand U.S. manufacturing with four new sites
Eli Lilly & Co.’s stock rose 1.6% Wednesday, after the drug company announced plans to expand its U.S. manufacturing sites by adding four more locations this year, along with 13,000 high-wage jobs.MarketWatch - Feb. 26 -
CBS must defend our free press, not settle Trump's $20 billion lawsuit
CBS has some figuring out to do with regards to free expression.The Hill - Feb. 26 -
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 - Feb. 26 -
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 - 6d -
ICE signs $1 billion contract with private firm for New Jersey detention center
The U.S. Immigration and Customs Enforcement (ICE) said Wednesday it would reopen a 1,000-bed New Jersey detention center after signing a $1 billion contract with a private global lender. ICE will ...The Hill - 6d -
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Trump says a minerals deal with Ukraine is worth billions. It might not be as valuable as he hopes
Analysts questions the size of Ukraine's natural resources deposits, how accessible they are and easy to extract, and the ultimate value of a potential deal.CNBC - 5d -
Trump tariffs will hit over $200 billion in U.S.-Canada-Mexico cross-border rail trade
Over $200 billion in trade is carried by freight rails between the US, Canada and Mexico, with auto parts, oil, lumber, ag, and chemicals linking the economies.CNBC - 5d -
How a $5 million fix turned Paramount Pictures' 'Sonic' into a billion-dollar franchise
Paramount Picture's redesign of the titular character in its "Sonic the Hedgehog" film has resulted in a $1.2 billion franchise five years later.CNBC - 4d -
With $1 billion in salary IOUs, the Dodgers spark new questions about MLB's fairness
The Los Angeles Dodgers' unprecedented deferral of over $1 billion in active player contracts has sparked controversy among MLB fans concerned about fair play.CNBC - 4d -
U.K.'s Keir Starmer pledges $2 billion to help Ukraine buy missiles
European leaders were meeting in London on Saturday hoping shore up support for Ukrainian President Volodymyr Zelenskyy after President Donald Trump berated him live on television, calling into ...NBC News - 3d -
China's Honor pledges $10 billion AI investment and deepens ties with Google in global push
Honor is looking to expand outside of China and push into the higher-end part of the market where Apple and Samsung play.CNBC - 3d -
Ramp secures $13 billion valuation in deal allowing employees, investors to sell shares
The deal is also the latest in a string of private companies letting employees cash out shares and lowering the pressure on themselves to go public.CNBC - 2d -
Amazon-backed AI firm Anthropic valued at $61.5 billion after latest round
Anthropic on Monday closed its latest funding round at a $61.5 billion post-money valuation, the company confirmed to CNBC.CNBC - 2d -
How a $5 million fix turned Paramount Pictures' 'Sonic' into a billion-dollar franchise
Sonic the Hedgehog may be able to run faster than the speed of light, but his film franchise nearly came to a screaming halt in 2019.NBC News - 2d -
TSMC, the Chip Giant, Is to Spend $100 Billion in U.S. Over the Next 4 Years
The investment plan, announced at the White House, was made as the Trump administration pushes to bring chip making back to the United States.The New York Times - 2d -
EU chief proposes plan to 'urgently' increase defense spending by mobilizing around $840 billion
"Europe is ready to massively boost its defense spending," European Commission President Ursula von der Leyen said Tuesday.CNBC - 1d -
'Music to our ears': Qualcomm CEO welcomes TSMC's $100 billion investment to boost U.S. chipmaking
Cristiano Amon, CEO of Qualcomm, said TSMC's investment in U.S. chip manufacturing will be important for the economy.CNBC - 1d -
Target to expand online marketplace, boost product assortment as it aims for $15 billion in sales growth by 2030
Target hosted an investor day in New York City and outlined its plans to grow over the next five years after issuing fiscal 2024 fourth quarter earnings.CNBC - 1d -
BlackRock $23 billion deal places key Panama ports under U.S. control
Hong Kong-based conglomerate has agreed to sell shares of its units that operate two key ports in Panama to BlackRock consortium.CBS News - 1d -
Trump Still Considering Tariffs on Taiwanese Chips, Despite $100 Billion TSMC Deal
Enforcing the tariffs on Taiwan would be difficult, and they wouldn’t necessarily be enough to meaningfully increase semiconductor manufacturing in the United States, experts told WIRED.Wired - 1d -
Some Green Groups Are Running Out of Cash After Trump Freezes $20 Billion
The Justice Department and F.B.I. are investigating $20 billion in climate funds, despite a top prosecutor’s decision that there was not sufficient evidence of wrongdoing.The New York Times - 1d -
Supreme Court denies Trump administration request to cancel $2 billion in foreign aid
The Supreme Court in a 5-4 emergency ruling Wednesday refused to halt a judge’s decision ordering the Trump administration to immediately release nearly $2 billion in foreign aid payments owed ...The Hill - 12h -
Supreme Court won't lift lower court order unfreezing $2 billion in foreign aid
The Supreme Court split 5-4 in denying the request from the Trump administration.CBS News - 12h -
Ranking NBA's top 25 players this season (so far): Nikola Jokić over SGA at No. 1, three Knicks crack list
As the league restarts after the All-Star break, let's appreciate the best players in the NBA to this pointCBS Sports - Feb. 20 -
‘I’ve opened a hornet’s nest’: My mother-in-law lists my husband as beneficiary on her $1 million IRA. But her will does not. Which wins?
“All of this is causing a lot of turmoil in the family. Does her will trump the IRA beneficiary?”MarketWatch - Feb. 25 -
MLB 26-and-under power rankings, Nos. 10-6: Paul Skenes, Jackson Chourio helping their teams rise up the list
The Nationals, Guardians, Pirates, Braves and Brewers kick off the top 10 of this year's rankings.Yahoo Sports - Feb. 26 -
Elon Musk’s DOGE Is Being Sued Under the Privacy Act: What to Know
At least eight ongoing lawsuits related to the so-called Department of Government Efficiency’s alleged access to sensitive data hinge on the Watergate-inspired Privacy Act of 1974. But it’s not ...Wired - Feb. 18 -
Elon Musk Is Dangling a $5,000 ‘DOGE Dividend’ Check for Americans
Musk says he will “check with the President” about the plan, but DOGE has already overstated some of its savings claims.Inc. - Feb. 19 -
DOGE Now Has Access to the Top US Cybersecurity Agency
DOGE technologists Edward Coristine—the 19-year-old known online as “Big Balls”—and Kyle Schutt are now listed as staff at the Cybersecurity and Infrastructure Security Agency.Wired - Feb. 20 -
The Investment Chief Behind the DOGE Dividend Explains His Pitch to Elon Musk
Azoria CEO James Fishback sees a way for President Trump to send $5,000 to every US taxpayer.Inc. - Feb. 20 -
Jobless Claims Rise a Little, But Do Not Yet Reflect DOGE Layoffs
Unemployment claims for the week of Feb. 15 were slightly more than expected, but don’t yet reflect the aggressive efforts of Elon Musk’s group.Inc. - Feb. 20 -
DOGE Puts $1 Spending Limit on Government Employee Credit Cards
The restrictions are already in place at the General Services Administration along with several other agencies. Soon they’ll roll out to most of the federal government, sources say.Wired - Feb. 20 -
Sen. Elizabeth Warren: DOGE's FDIC firings put banking system at risk
Sen. Elizabeth Warren said she is "pleased" the FDIC will evaluate whether the decision to layoff workers at the agency puts the banking system at risk.CNBC - Feb. 20 -
What does DOGE's IRS shake-up mean for tax season?
DOGE wants access to filers’ data, and the commerce secretary says Trump wants to scrap the IRS. But filing a return remains mandatory — the earlier the better, tax advisers say.NBC News - Feb. 20 -
Here's what to know about DOGE's impact so far
Actions from the White House's Department of Government Efficiency, known as DOGE, have led to thousands of firings and more than a dozen lawsuits. CBS News White House reporter Aaron Navarro ...CBS News - Feb. 20 -
DOGE cuts at 9/11 health program may impact first responders
Advocates for those sickened by toxins from the massive debris of 9/11 are calling on President Trump to immediately reverse cuts he made to the World Trade Center Health Program. Anthony Gardner, ...CBS News - Feb. 20 -
Border Patrol chief discusses asylum policy changes, possible DOGE cuts
A new administration is bringing new changes to enforcement at the U.S-Mexico border as illegal crossings drop to a five-year low. Camilo Montoya-Galvez spoke to Michael Banks, the new chief of ...CBS News - Feb. 20
