Latest in Billion Dollar Rearmament
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Brown University to see federal funding halted by Trump administration
A White House official says the Trump administration is planning to halt more than half a billion dollars in contracts and grants awarded to Brown UniversityABC News - Apr. 3 -
Investors are growing concerned about a U.S. asset exodus as Treasurys and the dollar decline
The combined decline of U.S. stocks, bonds and the dollar could be a sign of a broader shift away from investing in America.CNBC - 1d -
Prada to buy Versace in a deal valued at $1.4 billion
Prada Group said Thursday it has agreed to buy rival fashion house Versace in a deal valued at $1.4 billion.CBS News - 4d -
Trump's ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion
Expectations include millions of less vehicle sales, higher new and used vehicle prices and increased costs of more than $100 billion for the industry.CNBC - 2d -
New York jury awards $1.68 billion to women who accused writer and director Toback of sexual abuse
Lawyers for 40 women who accused writer and director James Toback of sexual abuse over a 35-year span say they have been awarded $1.68 billion from a New York juryABC News - 5d -
US dollar’s haven status under threat, fund managers warn
Erratic policymaking and rising trade barriers are jeopardising confidence in the currencyFinancial Times - 3d -
Founders, This Missing Strategy Will Transform Your Business’s Finance
Maximizing the impact of every dollar starts with the right strategy.Inc. - 2d -
Medicare Bleeds Billions on Pricey Bandages, and Doctors Get a Cut
Medicare spending on “skin substitutes” made of dried placenta has soared as doctors pocket lucrative discounts from sellers.The New York Times - 3d -
North Sea oil deals allow companies to offset billions in tax liabilities
In three recent arrangements, operators with significant tax losses have merged with rivals with profitable assetsFinancial Times - 2d -
Harvard Professors Sue Trump Administration Over Threat to Federal Funds
The administration is reviewing about $9 billion in federal funding that the university receives.The New York Times - 2d -
Trump’s ongoing 25% auto tariffs expected to cut sales by millions, cost $100 billion
DETROIT — As President Donald Trump’s 25% tariffs on imported vehicles remain in effect despite a pullback this week on other country-based levies, analysts are expecting massive global ...NBC News - 2d -
8 Best Cheap Phones (2025), Tested and Reviewed
There’s little reason to pay top dollar for a smartphone. These iPhones and Android devices—ranging from $100 to $600—stood up to WIRED’s testing.Wired - 4d -
Florida’s Hurricane-Battered Gulf Coast Beckons Spring Breakers: ‘We Are Open’
Some cities discourage spring breakers, but towns along the Gulf Coast, where every dollar is crucial after Hurricanes Helene and Milton, were eager for an influx.The New York Times - 21h -
Microsoft says it's 'slowing or pausing' some AI data center projects
Microsoft says it's “slowing or pausing” some of data center construction, including a $1 billion project in OhioABC News - 5d -
Trump Envoy Steve Witkoff Is in Russia, the Kremlin Says
Separately in Belgium, nations supporting Ukraine pledged billions more in military aid and raised doubts about Moscow’s desire for peace.The New York Times - 3d -
CNBC's Official MLB Team Valuations 2025: Here's how the 30 franchises stack up
The average Major League Baseball team is worth $2.62 billion, according to CNBC's official MLB valuations.CNBC - 3d -
How TikTok’s Parent, ByteDance, Became an A.I. Powerhouse
A set of popular apps helped China’s ByteDance develop a key component of advanced artificial intelligence: information on how a billion people use the internet.The New York Times - 4d -
Trump Administration Delays Plan to Limit Pricey Bandages
Medicare spending on “skin substitutes” reached $10 billion last year. A leading seller made a large donation to President Trump’s election campaign.The New York Times - 3d -
Ipswich's first XI vs. Chelsea cost less than Cole Palmer, but they almost won
Chelsea have spent billions in the transfer market, but they almost lost to an Ipswich Town side whose entire squad cost less than Enzo Fernandez.ESPN - 1d -
Purdue Pharma bankruptcy case frustrates some victims | 60 Minutes
Here's why people alleging Purdue Pharma's opioids harmed them may not see much of the proposed $7.4 billion settlement in a bankruptcy caseCBS News - 1d -
Pennsylvania's largest coal-fired power plant, now retired, to become gas-powered data center campus
What was once Pennsylvania’s biggest coal-fired power plant is being turned into a $10 billion natural gas-powered data center campus designed to capitalize on Big Tech's fast-growing energy demandsABC News - Apr. 2