Latest in Billion Beijing Hub
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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 -
Comcast signs $3-billion deal to keep Olympics on NBC through 2036
The contract extension will allow NBCUniversal to broadcast the 2034 Olympic Games in Salt Lake City on NBC and streaming service PeacockLos Angeles Times - Mar. 13 -
Poppi Has Landed a $1.95 Billion Acquisition Deal With PepsiCo
The better-for-you soda brand was founded in 2018.Inc. - 5d -
PepsiCo to buy prebiotic brand Poppi for nearly $2 billion
PepsiCo will acquire healthier soda brand Poppi as it strives to diversify into soda and snack offerings.CBS News - 5d -
PepsiCo buys prebiotic soda brand Poppi for nearly $2 billion
Poppi's founders Allison and Stephen Ellsworth launched the brand back in 2018.CNBC - 5d -
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Alphabet Spends $32 Billion to Buy Cybersecurity Startup Wiz
If the deal for Alphabet to buy Wiz closes, it will become the company’s most expensive acquisition ever.Inc. - 4d -
Women’s Elite Sports Revenues Will Generate More Than $2.35 Billion in 2025
The latest revenue projections reflect global growth of 240 percent over four years, according to a new report.Inc. - 4d -
Google Seals $32 Billion Deal for Cyber Start-Up Wiz
The acquisition could make the Silicon Valley giant a bigger force in cybersecurity, and arrives months after an earlier round of talks collapsed.The New York Times - 4d -
UK Aims to Cut Billions in Welfare Amid Budget Crunch
Changing disability allowances is a particularly contentious move within Prime Minister Keir Starmer’s center-left Labour Party.The New York Times - 4d -
Google Seals $32 Billion Deal for Cyber Start-Up Wiz
The acquisition could make the Silicon Valley giant a bigger force in cybersecurity, and arrives months after an earlier round of talks collapsed.The New York Times - 4d -
Los Angeles Faces Nearly $1 Billion Deficit as It Rebuilds From Fires
Shifting federal policies, combined with the cost of January’s wildfires, have created “serious financial headwinds” for the city, officials said.The New York Times - 3d -
SoftBank to Buy Silicon Valley Chip Start-Up Ampere for $6.5 Billion
The move is a bet that Ampere’s chips can begin playing a significant role in data centers for creating artificial intelligence.The New York Times - 3d -
SoftBank to Buy Silicon Valley Chip Start-Up Ampere for $6.5 Billion
The move is a bet that Ampere’s chips can begin playing a significant role in data centers for creating artificial intelligence.The New York Times - 3d -
Nvidia to spend hundreds of billions on US supply chain, says chief
Jensen Huang’s pledge follows onshoring plans by other tech companies as Trump trade policies ripple through industryFinancial Times - 2d -
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Celtics sell for $6.1 billion, more than any American sports team
NFL business keeps booming.Yahoo Sports - 2d -
Celtics to be sold to private equity co-founder for $6 billion, reports say
William Chisholm, a Massachusetts native and lifelong fan, will purchase the historic NBA franchise.NBC News - 2d -
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China's consumer inflation turns negative for the first time in 13 months
The data comes as investors continue to look for signs that Beijing's stimulus measures can help to boost the country's struggling economic recovery.CNBC - Mar. 9 -
Facebook ‘worked hand in glove’ with China on censor tools, claims ex-director
Social media company considered letting Beijing control content for access to its lucrative market, BBC told.BBC News - Mar. 10 -
The ‘freedom’ railway: China’s plan to take on the US in Africa
Tazara project showcases Beijing’s leaner approach to overseas development just as western aid appears to retreatFinancial Times - Mar. 12 -
China steels itself for Trump turmoil with ‘DeepSeek congress’
Annual session of rubber stamp parliament highlights Beijing’s shifting priorities amid AI breakthroughs and US tariffsFinancial Times - Mar. 13 -
Chinese shares turn positive for the year
CSI 300 jumps after Beijing announces consumption plan amid growing hopes for the country’s AI sectorFinancial Times - Mar. 14 -
China courts global CEOs for Xi meeting
Planned contact comes as Beijing seeks support of international business and fends off Trump’s tariffsFinancial Times - Mar. 14 -
US imposes restrictions on Thai officials for deporting Uyghurs to China
Trump administration makes first move to call out human rights abuses by BeijingFinancial Times - Mar. 14 -
Should Europe draw closer to China?
Geopolitical and economic disputes mean Beijing is no natural replacement for the US despite the crisis in transatlantic tiesFinancial Times - Mar. 15 -
Xi snubs EU-China anniversary summit
Brussels sought visit to mark 50 years of ties, but move adds to scepticism about warm words from BeijingFinancial Times - 6d -
Trump says China’s Xi to visit the US in ‘not too distant future’
Hint at future summit comes amid escalating trade conflict between Washington and BeijingFinancial Times - 5d -
China Outlines Plan to Bolster Consumption in Face of Trump Tariffs
Beijing’s leaders are ordering fiscally strapped local governments to spend more to help workers, consumers and businesses.The New York Times - 4d -
Chinese Nationalists Praise Trump’s Cuts to Voice of America
Beijing has long criticized the outlet, as well as Radio Free Asia, for highlighting human rights abuses in China.The New York Times - 4d -
China delays approval of BYD’s Mexico plant
Beijing is concerned US proximity could lead to leakage of key smart car technology used by Tesla’s main rivalFinancial Times - 3d -
CK Hutchison records bumper profits at ports ahead of BlackRock deal
Conglomerate faces criticism from Beijing for $22.8bn agreement with consortium led by US asset managerFinancial Times - 2d -
Trump Has Hinted at a Xi Visit. China Is Still Wondering What He Wants.
Chinese experts say Beijing is open to talks but is being stonewalled by the State Department and other official channels.The New York Times - 1d -
China’s Tax Revenue Declines as Its Leaders Brace for Trump’s Tariffs
Tax revenues have fallen, leaving the government with less money to help consumers or exporters as Beijing braces for President Trump’s tariffs.The New York Times - 7h -
How Elon Musk’s DOGE Cuts Leave a Vacuum That China Can Fill
The Department of Government Efficiency is shuttering organizations that Beijing worried about most, or actively sought to subvert.The New York Times - 3h
