Latest in Billion Global
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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 - October 28 -
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 - October 29 -
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 - October 29 -
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 - October 30 -
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 - October 30 -
Siemens to Buy Altair in $10.6 Billion Equity Deal
The German industrial giant is acquiring software and technology company Altair, a deal that will increase Siemens’s digital business revenue.Business - The Wall Street Journal - October 30 -
Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit
The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.Business - The New York Times - October 31 -
Kroger Finalizes $1.37 Billion Opioid Crisis Settlement
Kroger finalized a $1.37 billion settlement in connection with the grocery chain’s role in the U.S. opioid crisis, Nevada Attorney General Aaron Ford said.Business - The Wall Street Journal - November 4 -
U.K. government cuts NatWest stake by £1 billion
The British government on Monday said it further trimmed its crisis-era investment in U.K. bank NatWest.Business - MarketWatch - November 11 -
Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion
Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating “cutting-edge” electric-vehicle technology.Business - MarketWatch - November 13 -
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Samsung Electronics Plans $7 Billion Share Buyback
The South Korean technology giant’s stock repurchase plan comes amid investor concerns over its flagship memory-chip business, which is missing out on the artificial intelligence boom.Business - The Wall Street Journal - November 15 -
MicroStrategy’s stock surges on $4.6 billion bitcoin buy
MicroStrategy shares are surging on the software company and cryptocurrency play’s $4.6 billion bitcoin buy.Business - MarketWatch - 5 days ago -
MicroStrategy’s $30 billion Bitcoin Bet Is Paying Off
The stock is up 460 percent this year thanks to the crypto—more than double Nvidia’s returns.Business - Inc. - 5 days ago -
A look at the $3 billion classroom safety industry
With school shootings continuing throughout the U.S., classroom safety has become big business. Mark Strassmann takes a look at how some companies are trying to keep students safe.Top stories - CBS News - 4 days ago -
7-Eleven, the Slurpee and a $47 Billion Takeover Battle
The convenience chain is at the center of a bidding war between would-be buyers on two continents. Here’s why they’re hungry for it.Business - The Wall Street Journal - Yesterday -
Global Economic Leaders Confront a New Era of Industrial Policy
Policymakers brace for more protectionism and the demise of “neoliberalism” if Donald J. Trump is re-elected in the U.S.Business - The New York Times - October 26 -
North Korea's foray into Ukraine riles US, raises global risks
This week’s revelations that North Korean troops could within days join Russia’s war in Ukraine have raised the prospect of the U.S. and its allies getting more involved in the conflict. The Biden ...Politics - The Hill - October 26 -
FirstFT: Japan plunges into political chaos
Also in today’s newsletter, oil price falls and Franklin Templeton hit by record outflowsWorld - Financial Times - October 28 -
How Beijing Tamed a Lawless Industry and Gained Global Influence
State-controlled companies now run an industry once known for its acid pits, radioactive waste and smugglers.Business - The New York Times - October 28 -
Trump’s Vast Tariffs Would Rock Global Businesses and Shake Alliances
Economists said Donald Trump’s plan to return trade barriers to levels not seen in generations would be “a grenade thrown in the heart” of the international system.Business - The New York Times - October 29 -
What could stop the global green energy race? A Trump victory
He could also take tougher steps to stymie decarbonisation efforts next time aroundWorld - Financial Times - October 28 -
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Amid Climate Crisis, Svalbard Global Seed Vault Gets a Huge Deposit
A storage facility in Norway built to safeguard crop diversity recently received more than 30,000 samples as concerns grow about climate change and food insecurity.World - The New York Times - October 29 -
McDonald’s posts biggest decline in global sales in four years
Amid sluggish spending in US, Europe and China, sales fell by 1.5% between July and September. McDonald’s has posted another bigger than expected drop in sales as demand continues to slow, despite ...World - The Guardian - October 29 -
How the Houthis Went From Ragtag Rebels to Global Threat
The Gaza war has allowed the Iran-backed Yemeni militants to broaden alliances with Iraqi militias, African jihadists and Russia.World - The Wall Street Journal - October 30 -
U.S. election won't be an 'uneventful event' for global markets, UBS chief says
Ermotti forecasts "market movements" will take place in the wake of the upcoming U.S. elections, no matter who wins leadership of the world's largest economy.Business - CNBC - October 30 -
Dropbox slashes 20% of global workforce, eliminating more than 500 roles
Dropbox is laying off 20% of its global workforce, the equivalent of 528 roles, according to CEO Drew Houston.Business - CNBC - October 30 -
Dropbox slashes 20% of global workforce, eliminating more than 500 roles
Dropbox is laying off 20% of its global workforce, the equivalent of 528 roles, CEO Drew Houston announced Wednesday in a note to staff. The company is in a “transitional period” as its file sync ...Top stories - NBC News - October 30 -
The global fertility crisis: are fewer babies a good or a bad thing? Experts are divided
The UK’s fertility rate is at an all-time low, and many other countries face similar declines, creating ageing populations. But can ecological benefits of fewer people outweigh social problems ...World - The Guardian - November 2 -
Ella Baron on global anxiety ahead of the US presidential election – cartoon
Continue reading...World - The Guardian - November 3 -
How the 'vibecession,' global economic uncertainty are influencing investors this election year
More than 60 countries held or will hold national elections in 2024. Here's the Principal Financial Group CEO's take on investors' response.Business - CNBC - November 5 -
US stocks stage rally as global markets await election result
Wall Street prepares for ‘a long night for volatility’ as investor mood remains febrileBusiness - Financial Times - November 5 -
Crypto Firms Including Kraken and Robinhood Launch Global Stablecoin Network
A group of fintech and cryptocurrency players want to increase stablecoin use through the newly created Global Dollar Network.Business - Inc. - November 5 -
‘Time for patriots’: global far-right figures celebrate Trump’s win
Jair Bolsonaro, Javier Milei and Giorgia Meloni among those in Europe and the Americas paying tribute. US elections 2024 – live updates US election results 2024: live map and tracker Key ...World - The Guardian - November 6 -
These 4 Policies Show How Trump’s Victory Will Reverberate Through Global Economy
The rest of the world is looking plans for higher trade tariffs, deregulation, more oil drilling and more demands on America’s NATO partners and anticipating the strain on government finances, ...Business - Inc. - November 6 -
Global ETFs slide as investors see Trump tariff policies hurting trade
Exchange-traded funds tracking international stocks broadly struggled as investors reacted to Donald Trump's victory.Business - CNBC - November 6 -
‘A wrecking ball’: experts warn Trump’s win sets back global climate action
Election of a ‘climate denier’ to US presidency poses ‘major threat to the planet’, environmentalists say. US election results 2024: live map and tracker Senate and House results 2024: live ...World - The Guardian - November 6 -
U.S. Election Sends Alarming Message for Global Climate Efforts
The Trump victory sets back the world’s attempt to rein in dangerous levels of warming and potentially isolates the United States in the global energy transition.Science - The New York Times - November 7
