U.K. government cuts NatWest stake by £1 billion

The British government on Monday said it further trimmed its crisis-era investment in U.K. bank NatWest.

Business - MarketWatch - November 11

Activist investor ValueAct has $1 billion stake in Meta, sources say

Activist investor ValueAct has a $1 billion stake in Facebook parent Meta, according to people familiar with the matter.

Business - CNBC - November 12

U.K. borrowing costs rise in volatile trade after budget delivered

U.K. government bond yields were volatile on Wednesday as traders initially welcomed news that the government would prioritize tax rises ahead of increased borrowing as it strives to fill a fiscal ...

Business - MarketWatch - October 30

Sam Altman’s Reddit stake now worth over $1 billion after post-earnings pop

OpenAI CEO Sam Altman's stake in Reddit has ballooned to more than $1 billion in value, as of after-hours trading on Tuesday.

Business - CNBC - October 29

Bitcoin breaks $82,000 for first time on Trump trades; UK government sells £1bn of NatWest shares – business live

Cryptocurrency more than doubles since January on hopes of lighter regulation; latest share sale takes UK Treasury’s holding in NatWest to 11.4%. Kemi Badenoch has said it is “extremely ...

World - The Guardian - November 11

Google's $2 Billion Anthropic Investment Gets U.K. Antitrust Clearance

The Competition and Markets Authority said it wouldn’t open an in-depth investigation into Google’s investment in the AI startup.

Business - The Wall Street Journal - 5 days ago

Google's $2 Billion Anthropic Investment Gets U.K. Antitrust Clearance

The Competition and Markets Authority said it wouldn’t open an in-depth investigation into Google’s investment in the AI startup.

Tech - The Wall Street Journal - 5 days ago

Google's $2 Billion Anthropic Investment Gets U.K. Antitrust Clearance

The Competition and Markets Authority said it wouldn’t open an in-depth investigation into Google’s investment in the AI startup.

Tech - The Wall Street Journal - 5 days ago

Google's $2 Billion Anthropic Investment Gets U.K. Antitrust Clearance

The Competition and Markets Authority said it wouldn’t open an in-depth investigation into Google’s investment in the AI startup.

Tech - The Wall Street Journal - 5 days ago

Billions at stake in court battle over North Sea oil

Lawyers and campaigners have made their arguments before Lord Ericht in Edinburgh this week.

Thrive Capital: the venture firm staking billions on a few big bets

The ‘all in or all out’ approach of Josh Kushner’s VC business inverts the traditional venture model. Will it pay off?

Business - Financial Times - 3 days ago

U.K. government bond yields hit 2024 highs as traders balk at increased debt sales

Benchmark U.K. bond yields hit their highs of the year on Thursday as investors balked at the increased borrowing set out in the government’s budget.

Business - MarketWatch - October 31

UEFA pledges $1 billion to grow women's soccer

UEFA pledged Wednesday to steer €1 billion ($1.08 billion) toward all levels of women's soccer over the next six years as part of a comprehensive strategy to grow the game in Europe.

Sports - ESPN - October 30

Traders trim Bank of England rate cut bets after U.K. inflation rebounds

The chances of another rate cut this year by the Bank of England has diminished after data showed an acceleration in the pace of Britain’s inflation last month.

Business - MarketWatch - 4 days ago

Activist investor Elliott Management has $5 billion Honeywell stake, seeks breakup

Activist investor Elliott Management has a $5 billion-plus stake in Honeywell and is pushing the company to break itself up into two businesses.

Business - CNBC - November 12

Biden Announces $3 Billion to Cut Carbon Emissions at U.S. Ports

On a visit to Baltimore, the president said federal grants would help upgrade port infrastructure at 55 sites nationwide.

Business - Inc. - October 29

Warren Buffett continued to sell down his Apple stake, cutting about a quarter in the third period

The Oracle of Omaha downsized Apple — his biggest equity holding — for a fourth quarter in a row.

Business - CNBC - November 4

Will Elon Musk be able to cut $2 trillion from US government spending?

The Tesla CEO claimed he could slash US spending by eradicating “waste”.

Biden administration announces $3 billion for rural electric co-ops

The Biden administration announced more than $3 billion Friday in funding for seven rural electric cooperatives, part of a broader effort to promote renewable energy in rural areas. The grants ...

Politics - The Hill - October 25

Ford sees another $1 billion EV loss, lowers guidance and its stock falls 6%

Ford Motor Co. reported earnings late Monday, but investors looked past a beat.

Business - MarketWatch - October 28

John Fisher pledges $1 billion to construction of A's stadium in Las Vegas

Athletics executive Sandy Dean says club owner John Fisher and his family will invest $1 billion into the construction of a stadium in Las Vegas and U.S. Bank and Goldman Sachs will offer a $300 ...

Sports - ABC News - October 31

The Columbus Blue Jackets Are Now Valued Over $1 Billion Per Sportico

The Columbus Blue Jackets paid an expansion fee of $80 million to start in 2000.

Sports - Yahoo Sports - October 30

DNC official calls Harris campaign a '$1 billion disaster'

Democratic National Committee (DNC) official Lindy Li called Vice President Harris’s bid for the White House a “$1 billion disaster” following her loss to President-elect Trump in the 2024 ...

Politics - The Hill - November 9

Hertz booked a $1 billion charge as the value of its cars dropped

Hertz’s stock slips, but bounces sharply off earlier lows, as $1 billion write-off of car values reflects acceleration of fleet rotation.

Business - MarketWatch - November 12

Harris campaign raised $1 billion-plus. It's still sending appeals for donors.

Democrats are sending persistent appeals to Harris supporters without expressly asking them to cover any potential debts, enticing would-be donors instead with other matters.

Denmark will plant 1 billion trees and convert 10% of farmland into forest

Danish lawmakers have agreed on a deal to plant 1 billion trees and convert 10% of farmland into forest and natural habitats in an effort to reduce fertilizer usage over the next two decades

World - ABC News - 6 days ago

Lenovo IdeaPad 5x 2-in-1 Review: Too Many Corners Cut

This convertible laptop cuts too many corners to make for a worthwhile buy, even at its discounted price.

Tech - Wired - November 16

Hidden behind the budget is a terrible bombshell: billions in cuts for disabled people | Frances Ryan

The DWP confirms that draconian ‘savings’ are coming down the track. Are we a nation that will repair hospitals, but not help a nurse with long Covid?. In the days after the budget, the headlines ...

World - The Guardian - November 5

Khanna: Musk may get 'frustrated fairly quickly' with process to cut government jobs, spending

California Rep. Ro Khanna (D) said Elon Musk may get “frustrated” while working through the ranks to cut unnecessary government spending. “I think Elon may get frustrated fairly quickly,” Khanna ...

Politics - The Hill - 2 days ago

Musk’s ‘DOGE’ commission wants to cut trillions in government spending. Social Security and Medicare make prime targets.

Voters said they’ve had enough hardship. But Elon Musk says more is needed.

Business - MarketWatch - Yesterday

Nearly $1 billion has been spent on political ads over the last week

With Election Day around the corner, there's been just shy of $1 billion spent on political ads up and down the ballot in the last week.

Politics - NBC News - November 3

Nearly $1 billion has been spent on political ads over the last week

There has been just shy of $1 billion spent on political ads in the last week, close to one-tenth of the more than $10 billion spent since the start of 2023.

Business - CNBC - November 3

Germany's Thyssenkrupp pops 10% after narrowing net loss and booking $1 billion impairment charge

Thyssenkrupp on Tuesday reported a 1-billion-euro ($1 billion) impairment on its struggling steel division.

Business - CNBC - 5 days ago

NatWest blocks staff from using WhatsApp and Facebook Messenger

Employees must stick to official channels to make sure their messages are fully retrievable.

Latest in U.K. government cuts NatWest stake by £1 billion