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Tariffs will likely raise much less money than White House projects, economists say
White House trade adviser Peter Navarro said tariffs would raise about $600 billion to $700 billion a year. Economists say that's nearly impossible.CNBC - 5h -
Lego Mario Kart Building Sets Get Nice Discounts At Amazon
Several of the adorable building sets in Lego's new Mario Kart lineup are available for discounts at Amazon . While none of the deals are massive in terms of dollar amount, these offers are ...GameSpot - 6h -
$40B into the furnace: As OpenAI adds a million users an hour, the race for enterprise AI dominance hits a new gear
In a move that surprised the tech industry Monday, OpenAI said it has secured a monumental $40 billion funding round led by SoftBank, catapulting its valuation to an unprecedented $300 billion -- ...VentureBeat - 1d -
OpenAI closes $40B funding round
OpenAI raised $40 billion from investors in its latest funding round, the ChatGPT maker announced Monday. The deal, which values the artificial intelligence (AI) company at $300 billion, was led ...The Hill - 5h -
Canadians pull back on U.S. trips, threatening to widen United States' $50 billion travel deficit
Some carriers are cutting back U.S. flights from Canada due to weaker demand.CNBC - 3d -
Elon Musk says xAI has acquired X in deal that values social media site at $33 billion
In a social media post on Friday, Elon Musk said his startup xAI has acquired his social media company X.CNBC - 2d -
California wildfires left behind 9 billion pounds of toxic ash and debris | 60 Minutes
After the wildfires ravaged homes in Los Angeles, California, cleanup crews faced a new challenge: electric car batteries that can explode when damaged.CBS News - 2d -
The NHL and Rogers reportedly agree on 12-year, $7.7 US billion media rights deal in Canada
The contract is the latest source of revenue for the league as the salary cap continues to climb.Yahoo Sports - 1d -
OpenAI funding round could be cut by $10B if for-profit conversion doesn't occur by year-end
OpenAI’s massive private funding round could be slashed by as much as $10 billion if the company doesn’t restructure into a for-profit entity by Dec.NBC News - 1d -
A remote Australian town seeks a doctor, offering a $400,000 salary and free rent
A remote Australian town that will soon lose its only doctor is offering a salary package of up to $680,000 Australian dollars, plus free rent and a car, to attract a new candidateABC News - 4d -
A Special Election That Was Supposed to Be a Snoozer Is Suddenly Buzzing
A House race in a deep-red Florida district is seeing millions of dollars in spending ahead of Tuesday’s election. Even in a loss, Democrats hope it will signal much-needed momentum.The New York Times - 1d -
Senate Republicans eye budget vote amid growing fight over Trump tax cuts
Eying a vote on a multitrillion-dollar budget blueprint this week, Senate Republicans are considering a far-reaching move to that would set a $0 cost for making President Donald Trump’s tax cuts ...NBC News - 3h -
Federal funding cuts are raising questions about university endowments. Here's what some are worth and how they work
Columbia is one of the richest universities with a $14.8 billion endowment. Still, covering federal funding cuts isn't as simple as smashing a piggy bank.CNBC - 14h -
Cliff Asness's AQR multi-strategy hedge fund returns 9% in the first quarter during tough conditions
The Apex strategy from Cliff Asness' firm, which combines stocks, macro and arbitrage trades with $3 billion in assets under management, gained 9% in Q1.CNBC - 8h -
Europe warns of "strong plan to retaliate" ahead of new Trump tariffs
European Union already intends to impose duties on U.S. goods worth some $28 billion in mid-April in response to Trump's steel and aluminum tariffs.CBS News - 5h -
Tencent invests $1.25B in Ubisoft’s new core games operating division
Tencent has invested $1.25 billion in a new Ubisoft operating division that includes the core games Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six brands. Ubisoft, the French video game ...VentureBeat - 5d -
Feb 24: CBS News 24/7, 1pm ET
President Trump and French President Emmanuel Macron meet at the White House to discuss the war in Ukraine; Apple plans to invest $500 billion in the U.S. over the next four years.CBS News - 1d -
Scientists release plans for even bigger atom smasher along the French-Swiss border
Scientists at the world’s largest atom smasher have released a blueprint for a much bigger successor that could help solve enigmas of physics, starting in the mid-2040s at a cost of about $16 billionABC News - 17h -
The White House’s mixed message on its tariff policy
Trump's tariffs could raise $600 billion a year, but this would only happen if consumers avoid substitution and continue to buy foreign goods at tariff-elevated prices, which is unlikely.The Hill - 4h
