Latest in Trump cuts nearly $60 billion in foreign aid grants and contracts
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Businesses Are Betting on a Tax Cut Extension
The federal budget debate has big implications for the economy. Despite questions about the math, investors expect an extension of the 2017 tax cuts.The New York Times - 6d -
Budget cuts at VA paused for now
Billions of dollars of cuts expected at the Department of Veterans Affairs were paused by the Trump administration as concerns emerged over changes to benefits for the nation's veterans. CBS News' ...CBS News - 1d -
Minnesota’s Red-Tape-Cutting Experiment
Last year, the state passed a law to tackle a major barrier to cleaner energy: the long bureaucratic delays to get basic permits.The New York Times - 17h -
‘I’m a reluctant snowbird’: We’re in our 60s and own a $1 million home. Can we afford a $290K vacation home near our grandchildren?
“We have no debt and an investment portfolio of $3.3 million.”MarketWatch - 4d -
‘Why am I so afraid to retire?’ I’m 60 and lost $1.2 million in a divorce. Can I rebuild my life?
“If the rule of 4% is applied, I could use savings and the proceeds from my house sale to buy a condo, and at 62 draw $110,000 per year.”MarketWatch - 2h -
G20 meeting of foreign ministers gets underway in South Africa amid tensions with US
Foreign ministers from G20 countries will meet in Johannesburg on Thursday, but U.S. Secretary of State Marco Rubio will not attend amid diplomatic tensions between South Africa and the U.S. ...ABC News - Feb. 20 -
China supports 'recent consensus' between US and Russia on Ukraine war, foreign minister says
China supports “the recent consensus” between the U.S. and Russia on the war in Ukraine, said Wang Yi, the country’s foreign minister, amid ongoing discussions about bringing an end to the nearly ...The Hill - Feb. 21 -
China's latest action plan shows it's trying to boost foreign investment amid geopolitical tensions
China is trying yet again to boost foreign investment, amid geopolitical tensions and businesses' calls for more concrete actions.CNBC - 5d -
HHS warns employees that responses to Elon Musk's request may 'be read by malign foreign actors'
The Department of Health and Human Services message comes after emails from the Office of Personnel Management and a tweet by Musk caused widespread confusion.NBC News - 4d -
From James Rodríguez to Sergio Ramos, Liga MX clubs are luring foreign stars to Mexico
The allure of the Club World Cup, which will be held in the US this year, is convincing Mexican teams to push for a wider audience. In just his second month in Liga MX, James Rodríguez will match ...The Guardian - 4d -
From James Rodríguez to Sergio Ramos, Liga MX clubs are luring foreign stars to Mexico
The allure of the Club World Cup, which will be held in the US this year, is convincing Mexican teams to push for a wider audienceYahoo Sports - 4d -
Corona veterinarian finds 44 foreign items inside stomach of Bernese Mountain Dog during surgery
A veterinarian at the Corona Animal Emergency Center found 44 items in the stomach of a 7-month-old Bernese Mountain Dog that required surgery on Monday evening.CBS News - 3d -
House Judiciary Committee subpoenas Alphabet, Meta, other tech giants over 'foreign censorship' of speech
The House committee is concerned that foreign laws around online content "have limited Americans' access to lawful speech" in the U.S.CNBC - 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 -
Netflix Plans to Spend $1 Billion Making Content in Mexico Over the Next 4 Years
Netflix CEO Ted Sarandos says the money will go toward projects like Alfonso Cuarón’s film Roma, which was made in Mexico and went on to international acclaim.Wired - 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 - Feb. 21 -
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 - Feb. 21 -
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 - Feb. 21 -
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 - Feb. 21 -
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 - 6d -
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 - 4d -
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 - 4d -
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 - 4d -
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 - 4d -
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 - 4d -
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 - 4d -
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 - 4d -
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 - 3d -
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 - 2d -
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 - 2d -
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 - 1d -
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Index funds saved billions in fees. Now the industry wants its money back.
Innovations may be a costly trapFinancial Times - 1d -
Musk boasts federal cuts by hoisting chainsaw at conference
Elon Musk drives home his rapid shredding of the federal government by hoisting a chainsaw representing the slashing of jobs and spending during a conference. Some Republicans are facing pushback ...NBC News - Feb. 21 -
Eye Opener: Federal jobs cuts continue
Thousands more federal workers find themselves without a job as President Trump and billionaire Elon Musk continue their massive cuts. Meanwhile, bus explosions in Israel threaten the Gaza ...CBS News - Feb. 21 -
Federal agencies that could be impacted by job cuts
A federal judge has paved the way, for now at least, for President Trump, Elon Musk and the DOGE team to go ahead with mass layoffs of federal employees. CBS News senior White House correspondent ...CBS News - Feb. 21 -
Dems demand answers on workforce safety cuts
Click in for more news from The Hill {beacon} Health Care Health Care The Big Story Dems demand answers on workforce safety cuts The top Democrats on the House Committee on Education and the ...The Hill - Feb. 21