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Canada hits U.S. with $21 billion of retaliatory tariffs as global trade war heats up
The first shots of President Donald Trump’s global trade war have been fired.NBC News - Mar. 12 -
LSU's legendary 2019 team tops half a billion in NFL earnings as Ja'Marr Chase, Derek Stingley Jr. cash in
LSU's former stars are raking it in thanks to Chase's blockbuster new dealCBS Sports - Mar. 17 -
Pepsi will pay $1.7 billion for a soft-drink company that got its start on ‘Shark Tank’
Pepsi looks to boost its healthy offerings with Poppi, a maker of prebiotic drinks.MarketWatch - Mar. 17 -
Google plans to buy cybersecurity company Wiz for $32 billion. Here’s why the startup is so valuable.
Wiz was founded only five years ago but offers an increasingly important cloud-security service as cyber risks grow.MarketWatch - Mar. 18 -
Ex-Roma CEO Guido Fienga recalls failed stadium project: “One billion euros up in smoke.”
Former Roma CEO Guido Fienga recalled the failed stadium project during James Pallotta’s ownership of the club.The current director of the Saudi fund PIF, spoke at the Festival of Law and Economics ...Yahoo Sports - 6d -
$100 billion Arizona chips project will break dependence on China, Taiwan's president says
Taiwan’s President hailed TSMC's massive investment in Arizona as the “best model” for efforts to build supply lines for chips that don’t rely on China.NBC News - 5d -
FirstFT: Nvidia to spend billions in US as it shifts chip supply chain from Asia
Also in today’s newsletter, the Fed cuts its 2025 growth forecast and how Jeff Bezos made peace with MagaFinancial Times - 5d -
Celtics to reportedly be sold to private equity firm co-founder Bill Chisholm for record $6.1 billion
The Celtics reportedly found their next owner.Yahoo Sports - 5d -
Boston Celtics being sold to Bill Chisholm for North American record $6.1 billion
Chisholm is a tech investor who is the managing partner of Symphony Technology Group in San Francisco.Yahoo Sports - 5d -
Boston Celtics sold to Mass. native, technology group co-founder for record-breaking $6.1 billion
The Boston Celtics have been sold to a Massachusetts native and New England graduate, according to a report by the Boston Globe.Yahoo Sports - 5d -
The blogger who was right about Nvidia is now panning a $25 billion AI company
Jeffrey Emanuel, known for turning Wall Street’s attention to the risk DeepSeek might pose to Nvidia, warns that CoreWeave’s IPO is way overvalued.MarketWatch - 5d -
European leaders push for even more defense spending — despite plans for $867 billion 'ReArm' package
"I think this is only the start," Lithuanian President Gitanas Nausėda told CNBC's Silvia Amaro on the EU's plans to boost defense spending.CNBC - 5d -
Boston Celtics sale: NBA franchise agrees to sell for record-breaking $6.1 billion to Bill Chisholm
Massachusetts native Chisholm is the managing partner and co-founder of Symphony Technology Group, based out of CaliforniaCBS Sports - 5d -
Glacier meltdown risks food and water supply of 2 billion people, says UN
Unesco report highlights ‘unprecedented’ glacier loss driven by climate crisis, threatening ecosystems, agriculture and water sources. Retreating glaciers threaten the food and water supply of 2 ...The Guardian - 5d -
Abu Dhabi's ADQ and American private equity firm ECP make $25 billion bet on powering U.S. data centers
The UAE has worked to strengthen ties with the U.S. on AI, and is seeking greater access to American technology in order to build its own infrastructure.CNBC - 4d -
Celtics sale price of $6.1 billion could turn NBA attention back toward expansion
NBA owners want to make as much money off expansion as possible, and the Celtics sale set a new bar.Yahoo Sports - 3d -
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China Hits Canada With Tariffs in Indirect Riposte to Trump
Beijing, which set steep duties on canola, peas and pork, wants Canada and Mexico to resist U.S. pressure to raise tariffs on Chinese goods.The New York Times - Mar. 8 -
China Condemns CK Hutchison-BlackRock Panama Canal Deal
The Hong Kong conglomerate CK Hutchison’s planned sale of ports in Panama to a group led by BlackRock, the American finance giant, is under fire from Beijing.The New York Times - Mar. 14 -
China Backs Iran in Nuclear Talks, Slams ‘Threat of Force’ From the West
Beijing sought to position itself as a key player in negotiations with Iran over its nuclear program, as President Trump called for talks with Tehran.The New York Times - Mar. 14 -
China’s retail sales strengthen at the start of the year, industrial output tops expectations
China's economic data for the first two months of the year showed a modest pickup as Beijing reiterated its plan to bolster domestic consumption.CNBC - Mar. 17 -
Trump and China Clash Over Panama Canal in Test of Hong Kong’s Status
Beijing’s threat to stop a tycoon’s sale of his ports business has dealmakers wondering if they can still operate without political interference.The New York Times - 4d -
China’s bond yields are rising — but economists say deflation worries could soon pull them lower
Chinese commercial banks across the country have rushed to dole out cheaper consumption loans, heeding Beijing's call to bolster spending.CNBC - 4d -
Taiwan President Takes Tougher Stance Toward China
Lai Ching-te, the president of Taiwan, may be betting that China’s appetite for retaliation will be limited by Beijing’s interest in containing tensions with the Trump administration.The New York Times - 2d -
Prison labor, an invisible workforce of the U.S. economy
Incarcerated workers produce $2 billion in goods and $9 billion in services every year. But not all of the incarcerated are paid for their labor, which can benefit people inside and outside a ...CBS News - Mar. 9 -
‘They turned our home into a cemetery’: the high price of El Salvador’s Bitcoin City dream
Mangroves are being destroyed and residents displaced to make way for an airport to serve president Nayib Bukele’s vision of a tax-free economic hub. When Nayib Bukele launched his presidential ...The Guardian - Mar. 12 -
Alibaba’s new open source model QwQ-32B matches DeepSeek-R1 with way smaller compute requirements
While DeepSeek-R1 operates with 671 billion parameters, QwQ-32B achieves comparable performance with a much smaller footprint.VentureBeat - Mar. 5 -
Female founders in the U.S. VC ecosystem: the good and the bad | Pitchbook (updated)
Women founders and investors raised $38.8 billion in funding in the U.S. in 2024, up 27% from the year before, according to PitchBook.VentureBeat - Mar. 6 -
Trump Signs Order to Create a ‘Crypto Reserve’
The first-of-its-kind reserve will be anchored by a stash of Bitcoin the government already owns, estimated to be worth billions of dollars.The New York Times - Mar. 9 -
Potential $7.4B Purdue Pharma opioid settlement frustrates some victims
Opioid victims are not getting a "fair shake" in potential $7.4 billion settlement, a claimant in the Purdue Pharmacy bankruptcy case says.CBS News - Mar. 9 -
Cuts to Medicare, Medicaid Would Be ‘Catastrophic for Women’s Health,’ Says Chelsea Clinton
Republicans want to slash $880 billion from the agency overseeing Medicaid. There’s no way to do so without touching benefits.Inc. - Mar. 10 -
Social Security to increase overpayment withholdings to 100% from 10%
The clawback reversal would apply to new overpayments and will save $7 billion over 10 years.MarketWatch - Mar. 10 -
UN to rent Bangladesh property owned by former regime associate
Sobhan family under scrutiny amid efforts to claw back billions of dollars allegedly lost under Sheikh Hasina’s ruleFinancial Times - Mar. 11 -
Junior Bridgeman, NBA player-turned-billionaire businessman and Bucks minority owner, dies at 71
Bridgeman played more than a decade in the NBA before amassing a reported $1.4 billion in wealthCBS Sports - Mar. 12 -
Monopoly Go maker Scopely to acquire Niantic’s games business for $3.5B
Scopely has agreed to acquire Niantic's games business, which includes Pokémon Go, in a deal valued at $3.5 billion.VentureBeat - Mar. 12 -
Comcast expands partnership with Olympics, extends media rights through 2036
Comcast gained the rights to broadcast the Olympic Games through 2036 as part of a new $3 billion agreement with the International Olympic Committee.CNBC - Mar. 13 -
Taxpayers will suffer if Thames Water collapses, warns regulator
Ofwat says placing Thames under government control could end up costing taxpayers billions of pounds.BBC News - Mar. 13 -
NBC to broadcast Olympics in the U.S. through 2036
Comcast NBCUniversal signs deal with IOC for U.S. broadcast rights worth $3 billion.Yahoo Sports - Mar. 13 -
Trump and DOGE Create Anxiety but Opportunity for Federal Contractors
By cutting federal employees, the Trump administration may increase its reliance on firms that take in billions through government contracts.The New York Times - Mar. 14 -
Microsoft says ID@Xbox has paid $5B to date to indie game devs
Microsoft said that ID@Xbox indie gaming label has paid out $5 billion to date to independent game developers.VentureBeat - Mar. 18
