Latest in Billion Funding
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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 -
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 - 17h -
Trump targets Smithsonian funding for programs with "improper ideology"
President Trump signed an executive order targeting funding for Smithsonian Institution programs that he says contain "divisive, race-centered ideology."CBS News - Mar. 28 -
Challenge to Trump’s Tariffs Funded by Groups Linked to Charles Koch and Leonard Leo
The legal organization behind a lawsuit challenging President Trump’s tariffs is funded by groups linked to Charles Koch and Leonard A. Leo.The New York Times - 10h -
Why Senior VC Partners Are Leaving Big Firms for Smaller Funds
With large venture capital firms operating more like asset managers, increasing numbers of senior partners are leaving to join smaller, more nimble funds—or start their own.Inc. - 1d -
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 - 1d -
New open source AI company Deep Cogito releases first models and they’re already topping the charts
The initial model lineup includes five base sizes: 3 billion, 8 billion, 14 billion, 32 billion, and 70 billion parameters.VentureBeat - 2d -
Supreme Court weighs whether states can cut off Medicaid funding to Planned Parenthood
The Supreme Court will hear arguments in a South Carolina case over whether states can cut off Medicaid funding to Planned ParenthoodABC News - Apr. 1 -
White House ends funding for key US climate body: ‘No coming back from this’
Nasa cuts contract that convened USGCRP, which released assessments impacting environmental decision-making. The White House is ending funding for the body that produces the federal government’s ...The Guardian - 1d -
Battered big technology stocks like Nvidia can be havens in disguise, says this fund manager
Investors may be overlooking the potential for big technology stocks to provide a haven for investors, says this Columbia Integrated Large Cap Growth fund co-manager.MarketWatch - 3h -
Prada to Buy Versace for Nearly $1.4 Billion
The deal is a big bet on the value of “Made In Italy.”The New York Times - 23h -
Funding for National Climate Assessment Is Cut
The move raises concerns among scientists that the assessment, which is required by Congress, is now in jeopardy.The New York Times - 17h -
Sudan tells top UN court that UAE is breaching genocide convention by funding rebels
Sudan has told the United Nations’ top court that the United Arab Emirates is breaching the genocide convention by arming and funding the rebel paramilitary group Rapid Support ForcesABC News - 1d -
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 - 15h -
As VC Funding Tightens, Founders Cut Their Own Salaries by 43 Percent
The annual Founder Salary Report by accounting firm Pilot has found that entrepreneurs are tightening their belts and embracing bootstrapping.Inc. - 19h -
Reform-linked think-tank secures funding pledges worth £1mn
Resolute 1850 begins hiring staff as Nigel Farage’s party seeks to professionalise and strengthen its platformFinancial Times - 8h -
Democratic-led states sue Education Department for ceasing access to COVID funds
A group of Democratic-led states sued the Education Department Thursday in an effort to regain access to hundreds of millions of dollars in pandemic relief aid that the department abruptly cut off ...The Hill - 10h -
Jury awards $1.68 billion to 40 women in James Toback sexual misconduct lawsuit
The verdict in the suit, filed under New York's Adult Survivors Act, held Toback responsible for a pattern of sexual assault and psychological abuse.Los Angeles Times - 1d -
The Trump Administration Is Turning Science Against Itself
In addition to firing researchers and pulling funds, the Trump administration is also inverting science.Wired - 18h -
The UK must protect its drama sector
Major streamers such as Netflix should pay a levy to fund uniquely British televisionFinancial Times - 8h -
US risky debt funds hit by historic outflows as Trump’s tariffs shake markets
Investors rush away from junk bonds and leveraged loans on rising recession fearsFinancial Times - 13h -
Prada Group buys Versace fashion house from its U.S. owner in a deal valued at $1.4Bn
The Prada Group has announced the purchase of the Versace fashion house from the U.S. luxury group Capri Holding in a cash deal valued at 1.25 billion euros ($1.4 billionABC News - 22h -
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 - 1d -
Newsmax made defamatory statements about Dominion Voting Systems, judge rules
Dominion is seeking $1.6 billion in damages, which will be decided by a jury in a trial that will begin April 28 unless a settlement is reached.Los Angeles Times - 1d -
How Workplaces Are Still Failing Women (and How to Fix the Problem)
Women feel significantly less valued than their male colleagues and it’s costing businesses billions.Inc. - 1d -
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 - 1h -
Wells Fargo shares climb on higher earnings, CEO calls for 'timely' trade resolution
Net interest income, a key measure of what a bank makes on loans, fell 6% year over year to $11.50 billion,CNBC - 27m -
RFK Jr. Offers Qualified Support for Measles Vaccination
In an interview with CBS, the health secretary also suggested he wasn’t familiar with massive cuts to state funding for public health.The New York Times - 1d -
Creditors struggle to recover unpaid debts in England and Wales
Funding pressures have led to ‘slow and ineffective’ enforcement of court orders, Civil Justice Council saysFinancial Times - 8h -
States sue over Trump administration's sudden halt of pandemic relief aid for schools
Public officials in 16 states and the District of Columbia are suing the Trump administration to restore access to federal pandemic relief funding for schoolsABC News - 10h -
UK announces further £450m military support to Ukraine
The package includes funding for radar systems, anti-tank mines and hundreds of thousands of drones.BBC News - 5h -
Trump administration fires staff of program that helps low-income homes pay for heat
The Trump administration has laid off the entire staff of a $4.1 billion program that helps low-income households nationwide pay for heatABC News - Apr. 3 -
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 - 8h -
Elon Musk’s Tesla Has Competition in Jeff Bezos’s Secretive EV Startup
Bezos-funded startup Slate Auto has an ambitious goal to create a $25,000 EV truck. And it could happen as early as next year.Inc. - 1d -
State Farm pleads for emergency rate hikes on California homeowners
State Farm argues it needs additional funds to boost capital and avert an increasingly dire financial situation following the devastating Los Angeles wildfires.CNBC - 17h -
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 -
In Cabinet Meeting, Musk Seems to Drastically Lower DOGE’s Savings Goal
Musk said his group was on pace to cut $150 billion from the federal budget in one budget year. That would be a sharp drop from his previous stated goal of $1 trillion.The New York Times - 12h -
Trump is pushing students towards Britain – ministers, don’t let your immigration obsession stand in the way | Polly Toynbee
Beleaguered UK universities have a golden opportunity. If the government passes it up, it risks billions in revenue . Shocking stories told at a US universities conference in San Diego described ...The Guardian - 7h
