Latest in Billion Beijing Hub
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Airlines Scramble to Rebook Travelers After Canceling Heathrow Flights
About 80 airlines operate at the airport, London’s busiest travel hub.The New York Times - 1d -
Taiwan revokes residency for Chinese TikTok influencer
Spouse of Taiwanese citizen had advocated for annexation by BeijingFinancial Times - Mar. 12 -
AstraZeneca to invest $2.5bn in China after scandal
London-listed drugmaker will establish research centre in BeijingFinancial Times - 1d -
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 costABC News - Mar. 13 -
Texas army base poised to become mass deportation hub under Trump plan
Reports of Fort Bliss being used for detention as well as expulsion purposes spark outrage from critics. The huge US army base of Fort Bliss at the Texas-Mexico border is poised to become a ...The Guardian - Mar. 8 -
China can live with Trump’s tariffs – his bullish foreign policy will help Beijing in the long term | Steve Tsang
By turning his back on US allies and global institutions, Trump will help Xi Jinping advance his plan for a China-centric world. Is Donald Trump China’s worst nightmare or a dream come true? He is ...The Guardian - Mar. 12 -
The global battle against the climate crisis needs China. I’m visiting Beijing, and that’s what I’ll tell them | Ed Miliband
I will be the first UK energy secretary since 2017 to visit. It is negligence towards today’s and future generations not to engage China on this critical topic. The climate crisis is an existential ...The Guardian - Mar. 14 -
Dell UltraSharp 32 4K Thunderbolt Hub Monitor Review: Best IPS Panel
This just might be the perfect monitor for the home office.Wired - 1d -
$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 - 3d -
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 - 2d -
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 -
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 -
China hits Canada with retaliatory tariffs on agricultural products
Beijing accuses Ottawa of ‘discriminatory’ levies on electric vehiclesFinancial Times - Mar. 8 -
China hits US farm goods with tariffs as trade war escalates
Beijing’s retaliatory measures target $22bn of agriculture products as well as timberFinancial Times - Mar. 10 -
China’s delivery platforms compete to offer better worker benefits
Leading players act as competition intensifies and Beijing points out their ‘national responsibility’Financial Times - Mar. 11 -
US communications regulator to create council to counter China tech threats
Move comes as FCC’s remit has broadened in face of hostile acts by BeijingFinancial Times - Mar. 12 -
The Indo-Pacific grapples with a reckless China and feckless US
Increasing uncertainty clouds the region’s future as it tries to decipher Trump’s line on BeijingFinancial Times - Mar. 14 -
Costco leans on mainland China suppliers as US tariffs bite
US companies at risk of scrutiny from Beijing as political tensions mountFinancial Times - 4d -
Why China is suddenly flooding the market with powerful AI models
The pace of Beijing’s open source push has been relentlessFinancial Times - 4d -
Heathrow looks at building shorter third runway in bid to cut costs
London’s hub airport is preparing a detailed expansion plan after winning government backingFinancial Times - Mar. 8 -
Hundreds of flights cancelled as strikes hit German airports
An unexpected nationwide strike by airport workers over pay has caused disruption at major transport hubs.BBC News - Mar. 10 -
EU to toughen stance on migrant returns
Brussels seeks to send people to ‘return hubs’ outside the bloc if their home countries do not accept themFinancial Times - Mar. 11 -
Grangemouth: A new dawn for the home of UK's oldest oil refinery?
Its history was built on fossil fuels - but now the site's future depends on its reinvention as a green energy industrial hub.BBC News - 6d -
Heathrow Airport Closure Wreaks Havoc on Travelers Worldwide
Flights for thousands of passengers were disrupted by the shutdown at the London airport, one of the world’s major transport hubs.The New York Times - 1d -
Government considering sending failed asylum seekers to Balkans
Home Office officials have discussed proposals to set up overseas "return hubs"BBC News - 4h -
Glimpsing a Ferry Terminal’s Faded Grandeur Before Beauty Is Restored
Hoboken’s busy transit hub, which dates to a time when railroad companies built lavish structures to serve passengers, is being renovated.The New York Times - 6d -
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