Billion Award - QuikReader

How Samsung fell behind in the AI boom leading to a $126 billion wipeout

Samsung Electronics has fallen behind long-time rival SK Hynix in the area of high-bandwith memory.

Business - CNBC - November 8

This $4 Billion Mall Deal Could Hit Retailers With Higher Rents

The giant private equity firm Blackstone bought a shopping center landlord, and rents at strip- and mini-malls will likely climb, hitting grocers, pharmacies, and retailers in urban areas.

Business - Inc. - November 8

Hurricanes, storms cost US $500 billion this year: Analysis

Hurricanes and tropical storms have caused economic losses of nearly $500 billion as they have ravaged the country this year, according to analysis by AccuWeather. Experts estimated that the ...

Politics - The Hill - November 8

Philadelphia Phillies capital raise values the team at around $3 billion

The Philadelphia Phillies recently raised close to $500 million in capital from three new investors, according to two people familiar with the deal.

Business - CNBC - November 8

The final price tag on 2024 political advertising: Almost $11 billion

The total bill for ad spending in the 2024 election hit almost $11 billion, a new record and a substantial increase from the $9 billion spent in 2020.

Politics - NBC News - November 8

Billions were bet on election odds using online markets

Election betting platforms brought in billions of dollars as users wagered on who would win Tuesday’s U.S. presidential election.

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

The big-money battle to host an F1 race is heating up

To continue growing, F1 will need to tread a narrow line between the sport's new audience and its core motor racing fans.

Business - CNBC - November 11

Brussels to free up billions of euros for defence and security from EU budget

Policy shift will allow the bloc’s capitals to redirect ‘cohesion funds’ amid Ukraine conflict and Trump victory

Business - Financial Times - November 11

Motorists who bought cars on finance could share in billions

The car finance industry is setting aside billions to pay for potential claims after a test case.

Mobile gaming is expected to generate $98.7 billion in revenue globally | Xsolla

Mobile gaming is expected to generate $98.7 billion in revenue globally this year, with Asia leading the market at $65 billion.

Tech - VentureBeat - November 12

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

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

Justice Department sues to block UnitedHealth Group's $3.3 billion purchase of Amedisys

The Justice Department is suing to block UnitedHealth Group’s $3.3 billion purchase of Amedisys

Health - ABC News - November 12

Inside VW and Rivian's $5.8 Billion Bet to Rescue Each Other

The world’s second-largest automaker and the Silicon Valley startup are trying to address each other’s core weakness.

Business - The Wall Street Journal - November 13

The U.S. Air Force Strategy That Flexport Uses to Move Billions in Merchandise

Ryan Petersen’s Flexport technology moved $32 billion worth of merchandise in 2023 alone.

Business - Inc. - November 13

The British Museum Gets a Giant Gift: $1.27 Billion of Chinese Ceramics

Sir Percival David’s collection, amassed in the early 1900s, includes prized vases and wine cups. “You simply couldn’t build up a collection like this today,” one expert said.

Top stories - The New York Times - November 13

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