Spending Bill Omits Billions for Local Projects as Congress Cedes Power to Trump

The stopgap measure the G.O.P. is pushing to avert a government shutdown omits billions of dollars in member-requested projects, another way in which Congress has ceded its power on federal spending.

The New York Times - Mar. 14

Tech megacaps lose over $750 billion in market cap in worst day for Nasdaq since 2022

The seven most valuable tech companies lost more than $750 billion in market value on Monday

CNBC - Mar. 10

Salesforce pledges to invest $1 billion in Singapore over five years in AI push

Salesforce on Wednesday announced plans to invest $1 billion in Singapore over the next five years.

CNBC - Mar. 12

Americans lost $5.7 billion to investment scams in 2024, FTC says. Here's how to protect yourself

Americans lost $5.7 billion to investment fraud in 2024, up 24% from 2023, according to the Federal Trade Commission.

CNBC - Mar. 15

Let Warren Buffet's old $1 billion offer for a perfect March Madness bracket remind you how impossible that is

Warren Buffet is offering everyone $1 billion that he knows no one will ever get.

Yahoo Sports - Mar. 16

Google to acquire cloud security startup Wiz for $32 billion after deal fell apart last year

Google signed a "definitive agreement" to acquire Wiz for $32 billion in an all-cash deal

CNBC - Mar. 18

Boston Celtics sold for $6.1 billion to group led by private equity executive Bill Chisholm

A group led by private equity executive Bill Chisholm is buying the NBA's Boston Celtics for $6.1 billion.

CNBC - Mar. 20

AstraZeneca to invest $2.5 billion in Beijing hub as it looks beyond Chinese tax probe

British pharmaceutical giant AstraZeneca announced on Friday that it will invest $2.5 billion in a research and development center in the Chinese capital.

CNBC - 6d

Google's $32 billion Wiz deal may signal a turning point for slow IPO, M&A markets

Google's $32 billion acquisition of Wiz may signal the start of a friendlier initial public offering and deal activity environment.

CNBC - 3d

White House crypto czar says public has 'lost out on over $17 billion'

Crypto czar David Sacks argued taxpayers have lost out on billions because earlier administrations never took advantage of bitcoin in the government's possession.

ABC News - Mar. 7

OpenAI to pay CoreWeave $11.9 billion over five years for AI data centers, services

Ahead of CoreWeave's upcoming IPO, the provider of data centers for AI has signed a five-year deal with OpenAI worth almost $12 billion.

CNBC - Mar. 10

How a hidden benefit of a Wells Fargo asset cap removal could save the bank billions

The bank paid $2.5 billion more in remediation efforts in 2023 than in 2018, which was a year before Charlie Scharf became CEO.

CNBC - Mar. 11

Roche takes big step in weight-loss field with $5.3 billion deal. Novo Nordisk shares fall.

Swiss drugmaker Roche on Wednesday announced a major deal in the weight-loss category, agreeing to pay up to $5.3 billion to Zealand Pharma in a licensing and development deal.

MarketWatch - Mar. 12

Roche shares pop 5% on $5.3 billion obesity drug deal with Zealand Pharma

Swiss pharmaceutical giant Roche said Wednesday that it had struck a deal worth up to $5.3 billion to develop Zealand Pharma's obesity drug candidate.

CNBC - Mar. 12

Binance secures ‘largest investment ever’ in crypto as Abu Dhabi’s MGX pledges $2 billion

Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, marking the cryptocurrency exchange's first institutional investment.

CNBC - Mar. 13

Tampa Bay Rays withdraw from planned $1.3 billion ballpark, citing storms and delays

The Tampa Bay Rays on Thursday withdrew from a $1.3 billion ballpark project, citing hurricanes and delays that likely will drive up the proposal’s cost.

NBC News - Mar. 13

Tampa Bay Rays withdraw from planned $1.3 billion ballpark in St. Petersburg, citing storms, delays

The Tampa Bay Rays on Thursday withdrew from a $1.3 billion ballpark project, citing hurricanes and delays that likely will drive up the proposal’s cost

ABC News - Mar. 13

$1 billion in unclaimed tax refunds to expire soon: How to claim your money

The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury if over 1.1 million Americans do not file their tax returns by April ...

The Hill - Mar. 11

Purdue Pharma submits opioid lawsuit settlement plan, including up to $7 billion cash from Sacklers

Members of the Sackler family who own the OxyContin maker Purdue Pharma would hand over the company and up to $7 billion in cash in the latest plan to settle thousands of lawsuits over the toll of ...

ABC News - Mar. 19

Purdue Pharma submits opioid lawsuit settlement plan, including up to $7 billion cash from Sacklers

Members of the Sackler family who own the OxyContin maker Purdue Pharma would hand over the company and up to $7 billion in cash in the latest plan to settle thousands of lawsuits over the toll of ...

ABC News - Mar. 19

Purdue Pharma submits opioid lawsuit settlement plan, including up to $7 billion cash from Sacklers

Members of the Sackler family who own the OxyContin maker Purdue Pharma would hand over the company and up to $7 billion in cash in the latest plan to settle thousands of lawsuits over the toll of ...

ABC News - Mar. 19

NBA champion Boston Celtics to be sold for a record $6.1 billion, AP source says

A group led by Symphony Technology Group managing partner William Chisholm has agreed to purchase the Boston Celtics for at least $6.1 billion, which would make the sale the richest in U.S. major ...

Yahoo Sports - Mar. 20

Study Warns Trump Tariffs Could Deliver $64 Billion Hit to U.S. Tourism Businesses

International travelers’ reactions to U.S. tariffs could lead to cancellations that cost hospitality businesses as much as $18 billion in lost revenue, with even bigger losses if U.S. travelers ...

Inc. - 2d

US gives initial approval for Qatar to purchase MQ-9 armed drones for nearly $2 billion

The United States has given an initial approval for the energy-rich Mideast nation of Qatar to buy eight armed MQ-9B Predator drones for its military, an estimated purchase worth nearly $2 billion

ABC News - 18h

D.C. Mayor calls out ‘$1.1 billion problem’ in House GOP stopgap plan

Washington, D.C., Mayor Muriel Bowser (D) on Monday sounded alarm over what she described as a "$1.1 billion problem" in a plan rolled out by House Republicans to keep the government funded beyond ...

The Hill - Mar. 11

Pokemon Go Developer Set To Be Acquired By Saudi Arabia's Scopely In $3.5 Billion Deal

Saudi Arabian-owned mobile developer Scopely has announced that it'll be acquiring Niantic's video game division, paying $3.5 billion for the developer behind Pokemon Go. Also included in the ...

GameSpot - Mar. 12

Brooklyn Nets jersey history No. 10 - Ben Simmons (2022-25)

During his time suiting up for the Nets, Simmons wore only jersey No. 10 and put up 6.5 points, 6.2 rebounds, 6.3 assists, and 1.0 steals per game.

Yahoo Sports - Mar. 15

Walgreens to Be Acquired by Sycamore Partners in $10 Billion Deal

Shares of Walgreens Boots Alliance have lost about half their value in the past year, as the chain has faced pressure in its retail and pharmacy businesses.

The New York Times - Mar. 7

Iowa visits Nebraska following Williams' 43-point game

Iowa Hawkeyes (15-15, 6-13 Big Ten) at Nebraska Cornhuskers (17-13, 7-12 Big Ten) Lincoln, Nebraska; Sunday, 12:30 p.m. EDT BETMGM SPORTSBOOK LINE: Cornhuskers -6.5; over/under is 154.5 BOTTOM ...

ABC News - Mar. 9

Climate United Sues E.P.A. Over Frozen $20 Billion

In a lawsuit, Climate United claims the E.P.A. is illegally withholding funds that have become a target of the Trump administration.

The New York Times - Mar. 8

Africa Received Billions in U.S. Aid. Here’s What It Will Lose.

The United States spent decades responding to conflicts and disease in Africa. The continent is now expected to be the hardest hit by the Trump administration’s aid cuts.

The New York Times - Mar. 9

In bird flu fight, USDA almost doubling the $1.1 billion already spent

As bird flu continues to spread, impacting poultry farms and the price of eggs, the Agriculture Department says it's almost doubling the amount spent to combat it.

CBS News - Mar. 10

USDA cancels $1 billion in local meal funding for schools and food banks

The USDA said it is promoting wiser government spending, but schools say it will make it tougher to serve healthy meals.

CBS News - Mar. 11

G.O.P. Spending Bill Would Force $1 Billion Cut to D.C. Budget

Republicans omitted a standard provision approving the District’s budget in a stopgap funding measure needed to avert a shutdown before the end of the week. The result would be a 16 percent cut.

The New York Times - Mar. 11

Why astronaut Suni Williams runs in space: a 14-billion-year odyssey

Suni Williams' eight-day mission turned into a nine-month marathon. Now the astronaut is days away from leaving the International Space Station and returning to Earth.

ESPN - Mar. 12

Trump Administration Claws Back $20 Billion in Climate Project Funds

After the EPA announced the move, an advocacy group sued, saying the agency broke a contract that denied eight organizations money to address climate change.

Inc. - Mar. 12

How to protect yourself as fraud losses hit $12.5 billion in 2024

A new FTC report reveals a sharp rise in fraud losses, with 2.6 million consumers reporting scams in 2024. With financial fraud surging, CBS News business analyst Jill Schlesinger shares how to ...

CBS News - Mar. 13