Airlines Raking Billions

Why Netanyahu backed a ceasefire with Hizbollah

Israel’s war aims in Lebanon were more modest than in Gaza, but the Israeli PM’s decision brings domestic political risks

Business - Financial Times - 6 hours ago

It’s bananas to regard art as an investment

Enjoy your paintings and sculptures. Just don’t expect a return on what you paid for them

Business - Financial Times - 10 hours ago

Israel-Hizbollah ceasefire holds as thousands seek to return to homes

US-brokered deal ‘designed to be a permanent cessation of hostilities’, says Biden

Business - Financial Times - 23 minutes ago

EasyJet boss denounces ‘illegal’ fines over hand luggage charges

Spain’s penalty to carriers for charging passengers for hand luggage and seat reservations is called ‘anti-consumer’. The boss of easyJet has denounced fines handed out to the airline and other ...

World - The Guardian - 5 hours ago

Musk is the right man in the wrong continent

Europe’s bloated governments need his efficiency revolution much more than Washington does

Business - Financial Times - 3 hours ago

Waymo Raises $5.6 Billion From Outside Investors

Alphabet’s driverless car unit now has vehicles operating in San Francisco, Phoenix and Los Angeles.

Business - The New York Times - October 28

Biden announces $3 billion investment in U.S. ports

President Biden announced a $3 billion investment to reinvigorate ports across the U.S. Mr. Biden spoke from the Port of Baltimore, not far from the site of the Francis Scott Key Bridge collapse.

Alphabet Revenue Jumps 15% to $88.3 Billion

The tech giant’s 34 percent increase in quarterly profit topped Wall Street expectations, driven by its advertising and cloud businesses.

Tech - The New York Times - October 29

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

Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion

The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.

Tech - The New York Times - October 30

Siemens to Buy Altair in $10.6 Billion Equity Deal

The German industrial giant is acquiring software and technology company Altair, a deal that will increase Siemens’s digital business revenue.

Business - The Wall Street Journal - October 30

Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit

The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.

Business - The New York Times - October 31

Kroger Finalizes $1.37 Billion Opioid Crisis Settlement

Kroger finalized a $1.37 billion settlement in connection with the grocery chain’s role in the U.S. opioid crisis, Nevada Attorney General Aaron Ford said.

Business - The Wall Street Journal - November 4

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

Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion

Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating “cutting-edge” electric-vehicle technology.

Business - MarketWatch - November 13

Corruption overshadows Ukraine's multi-billion reconstruction progam

World - Yahoo News - November 14

Samsung Electronics Plans $7 Billion Share Buyback

The South Korean technology giant’s stock repurchase plan comes amid investor concerns over its flagship memory-chip business, which is missing out on the artificial intelligence boom.

Business - The Wall Street Journal - November 15

MicroStrategy’s stock surges on $4.6 billion bitcoin buy

MicroStrategy shares are surging on the software company and cryptocurrency play’s $4.6 billion bitcoin buy.

Business - MarketWatch - November 18

MicroStrategy’s $30 billion Bitcoin Bet Is Paying Off

The stock is up 460 percent this year thanks to the crypto—more than double Nvidia’s returns.

Business - Inc. - November 19

A look at the $3 billion classroom safety industry

With school shootings continuing throughout the U.S., classroom safety has become big business. Mark Strassmann takes a look at how some companies are trying to keep students safe.

7-Eleven, the Slurpee and a $47 Billion Takeover Battle

The convenience chain is at the center of a bidding war between would-be buyers on two continents. Here’s why they’re hungry for it.

Business - The Wall Street Journal - 4 days ago

This Battery Startup Raised $15 Billion. Then It Went Bust.

Sweden’s Northvolt was once a darling of the battery industry and Europe’s best hope for competing with China’s dominant battery makers.

Business - The Wall Street Journal - 3 days ago

Rivian to Get $6 Billion Federal Loan for EV Factory

The financing for a factory in Georgia is part of a last-minute effort to establish climate policies before President-elect Donald J. Trump takes office.

Business - The New York Times - Yesterday

Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation

Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion.

Business - CNBC - October 28

Palantir is now worth $100 billion — and may be like Nvidia in one regard

Palantir is helping companies incorporate AI into their businesses — and one analyst says it’s succeeded “more than any company (not named Nvidia).”

Business - MarketWatch - October 28

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.