Latest in Billion Bet
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Wall Street Giants to Make $50 Billion Bet on AI and Power Projects
KKR and Energy Capital Partners plan to invest in development of data centers and the power infrastructure to support them.Tech - The Wall Street Journal - 12 hours ago -
LA Clippers owner Steve Ballmer's $2-billion-plus bet on Intuit Dome
LA Clippers owner Steve Ballmer has spent more than $2 billion on the Intuit Dome, the Clippers' new home in Inglewood. He's hoping it will help propel the team to a championship.Top stories - CBS News - October 13 -
US election betting is on a roll
In the months leading up to election day, people from around the world have placed millions of dollars in wagers on who will be the next American presidentWorld - Financial Times - 18 hours ago -
Debt rule to change to fund major projects
Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.Top stories - BBC News - October 18 -
Billions of levelling-up cash in limbo
Towns and cities call on the Labour government to deliver the funds promised for vital regeneration.Top stories - BBC News - 3 days ago -
Mass deportation could cost billions
Bankrolling mass deportation would be costly. It would also require a lot more manpower.Top stories - CBS News - 2 days ago -
NBA betting: Three futures bets to make on all 30 teams this season
While not every team is a contender, each one offers a chance to make a betSports - ESPN - October 21 -
The Magnificent 7: place your bets
And the sustainability of US growth outperformanceWorld - Financial Times - Yesterday -
Steve and Connie Ballmer on Ballmer Group
In a 60 Minutes interview, former Microsoft CEO and LA Clippers owner Steve Ballmer and his wife Connie share their vision for philanthropy and address whether they'd ever be in the market for ...Top stories - CBS News - October 13 -
OpenAI’s Journey to $157 Billion Chronicled in Documents
OpenAI originally applied to be recognized as a tax-exempt charitable organization by the IRS in 2016.Business - Inc. - October 13 -
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Singapore to Halt $1.7 Billion Allianz Deal
The Singapore government plans to put a halt to a proposed deal by Germany’s Allianz to buy a majority stake in Singapore insurance company Income Insurance.Business - The Wall Street Journal - October 14 -
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Damage Estimates for Helene and Milton Pass $100 Billion
Each hurricane is likely to be a $50 billion disaster, joining the ranks of the most costly U.S. storms.Business - Inc. - October 17 -
Biden Cancels Another $4.5 Billion in Student Debt
The executive decision will help 60,000 borrowers, bringing the total number of public service workers getting loan forgiveness to more than 1 million.Business - Inc. - October 17 -
The hidden billions Argentines hold in undeclared savings
Decades of distrust of the country’s currency has resulted in a ‘dollars under the mattress’ cultureWorld - Financial Times - October 23 -
Why Meta and Snap are spending billions on AR glasses
Meta CEO Mark Zuckerberg and Snap CEO Evan Spiegel are betting big that augmented-reality glasses will replace the smartphone.Business - CNBC - 6 days ago -
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Waymo Raises $5.6 Billion From Outside Investors
Alphabet’s driverless car unit now has vehicles operating in San Francisco, Phoenix and Los Angeles.Business - The New York Times - 2 days ago -
Biden announces $3 billion investment in U.S. ports
President Biden announced a $3 billion investment to reinvigorate ports across the U.S. Mr. Biden spoke from the Port of Baltimore, not far from the site of the Francis Scott Key Bridge collapse.Top stories - CBS News - Yesterday -
Alphabet Revenue Jumps 15% to $88.3 Billion
The tech giant’s 34 percent increase in quarterly profit topped Wall Street expectations, driven by its advertising and cloud businesses.Tech - The New York Times - Yesterday -
UEFA pledges $1 billion to grow women's soccer
UEFA pledged Wednesday to steer €1 billion ($1.08 billion) toward all levels of women's soccer over the next six years as part of a comprehensive strategy to grow the game in Europe.Sports - ESPN - 2 hours ago -
Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion
The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.Tech - The New York Times - 16 minutes ago -
Don’t bet on a taxing outcome for UK gambling companies
Fears that money would flow from the regulated sector has long deterred action against the industryBusiness - Financial Times - October 14