Latest in Billion Government
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UnitedHealth Medicare Advantage bombshell exposes $83 billion in government waste
Will Musk and Trump dare to take it on?MarketWatch - 1d -
Details on judge's allowance of government layoffs
A federal judge has refused to stop President Trump's mass firings, saying unions representing those workers have to take their claims to the Federal Labor Relations Authority. CBS News senior ...CBS News - 1d -
Government finances in surplus but pressure builds on Reeves
Chancellor faces a rising challenge to keep her tax and spending plans on track after missing forecasts.BBC News - 1d -
DOGE Sparks Surveillance Fear Across the US Government
The US government has increased the use of monitoring tools over the past decade. But President Donald Trump’s employee purges are making workers worry about how their data could be abused.Wired - 1d -
Judge allows Trump's government workforce cuts to continue
A federal judge will allow the Trump administration's cuts to the government workforce to continue after declining a request from labor unions for relief. The judge says he lacks jurisdiction and ...CBS News - 1d -
Why Republicans are at odds about how to fund the government
The Republican-controlled Senate adopted a $340 billion budget blueprint. Next week, the GOP-led House will advance its own proposal. There are some differences in strategy, and President Trump ...CBS News - 1d -
Trump touts efforts to reshape government in CPAC speech
President Trump spoke at the Conservative Political Action Conference in Washington, D.C., on Saturday, marking his first address to the conservative gathering since the beginning of his second ...NBC News - 9h -
Trump touts efforts to reshape government in CPAC speech
President Trump spoke at the Conservative Political Action Conference in Washington, D.C., on Saturday, marking his first address to the conservative gathering since the beginning of his second ...NBC News - 9h -
China government spending on citizens lags economic peers
Relatively low expenditure that directly supports individual consumption could undermine growth effortsFinancial Times - 5h -
EU Conditionally Approves International Paper's $7.16 Billion DS Smith Buy
The European Commission said that the parties’ offer to sell five of International Paper’s plants in Europe fully addresses its competition concerns over the deal.The Wall Street Journal - Jan. 24 -
Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.The Wall Street Journal - Jan. 24 -
NIH Research Grants Lag Behind Last Year’s by $1 Billion
After weeks of disruption to scientific federal grants, the National Institutes of Health has fallen behind in funding research into treatments for deadly diseases.The New York Times - 4d -
$1.4 Billion Stolen From ByBit in Biggest Crypto Theft Ever
Plus: Apple turns off end-to-end encrypted iCloud backups in the UK after pressure to install a backdoor, and two spyware apps expose victim data—and the identities of people who installed the apps.Wired - 21h -
California governor asks Congress for nearly $40 billion for LA wildfire relief
California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January’s devastating wildfiresABC News - 4h -
South Africa abruptly cancels budget speech as governing parties dispute the details
South Africa’s budget announcement by the finance minister has been abruptly canceled and rescheduled for next month over a dispute among parties in the governing coalitionABC News - 3d -
Two business leaders in Turkey are questioned after they criticize the government
Prosecutors have questioned two Turkish business leaders after they delivered a scathing criticism of President Recep Tayyip Erdogan’s governmentABC News - 3d -
DOGE Puts $1 Spending Limit on Government Employee Credit Cards
The restrictions are already in place at the General Services Administration along with several other agencies. Soon they’ll roll out to most of the federal government, sources say.Wired - 2d -
Trump says federal government should 'take over' local politics in DC
Trump is jockeying for local political power by positioning himself as the antidote to the city’s crime and homelessness.Politico - 2d -
Trump Dismantles Government Fight Against Foreign Influence Operations
Dozens of employees who had been working to fight foreign interference in U.S. elections have been reassigned or forced out, according to current and former officials.The New York Times - 2d -
The Man Who Broke Germany’s Government Wants a Chance to Fix It
Christian Lindner triggered early elections last fall with a move meant to save his party. It brought chaos at an inopportune time. But will it work out?The New York Times - 1d -
UnitedHealth now has to fight the government on another front. The stock is sinking.
The stock is having its worst day in five years, even as the company denied any new Justice Department investigation and a Mizuho analyst recommended buying.MarketWatch - 1d -
Apple withdraws cloud encryption service from UK after government order
iPhone-maker says it can no longer offer advanced protection in Britain after secret demand for ‘back door’ to user dataFinancial Times - 1d -
Apple removes advanced data protection tool in face of UK government request
Apple says removal of tool after government asked for right to see data will make iCloud users more vulnerable. Business live – latest updates Apple has taken the unprecedented step of ...The Guardian - 1d -
Trump administration pushes on with government cuts amid some signs of pushback
NBC News White House Correspondent Yamiche Alcindor and NBC News Capitol Hill Correspondent Melanie Zanona report on new firings in the federal government as some House Republicans are confronted ...NBC News - 1d -
Supreme Court Rejects, for Now, Trump’s Bid to Fire Government Watchdog
The court’s order indicated that it may return to the issue as soon as next week, when a trial judge’s temporary restraining order is set to expire.The New York Times - 1d -
Multiple lawsuits challenging DOGE's efforts to cut federal government's size
The Trump administration is facing over 80 lawsuits that are making their way through the legal system. CBS News Department of Justice reporter Jake Rosen breaks down the latest developments.CBS News - 1d -
Apple pulls data protection tool after UK government security row
Customers' photos and documents stored online will no longer be protected by end-to-end encryption.BBC News - 1d -
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GameStop CEO Ryan Cohen hikes his personal stake in Alibaba to $1 billion, WSJ says
Cohen's sizable stake in Alibaba is a bullish bet on China's economic growth in the long run, The Wall Street Journal said.CNBC - 2d -
Netflix Plans to Spend $1 Billion Making Content in Mexico Over the Next 4 Years
Netflix CEO Ted Sarandos says the money will go toward projects like Alfonso Cuarón’s film Roma, which was made in Mexico and went on to international acclaim.Wired - 2d -
Senate adopts $340 billion budget blueprint for Trump's agenda after marathon 'vote-a-rama'
The Republican-controlled Senate on Friday morning adopted a $340 billion budget blueprint designed to boost funding for President Donald Trump's immigration enforcement efforts, energy production ...NBC News - 1d -
IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company's history
Aiding IMAX's lofty box office goals is the Chinese title "Ne Zha 2," which has already garnered $1.6 billion globally, including IMAX screenings.CNBC - 1d -
IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company's history
An “embarrassment of riches” at the box office could fuel a $1.2 billion year for IMAX, CEO Rich Gelfond told CNBC on Friday.NBC News - 1d -
Crypto exchange Bybit suffers $1.4 billion hack. Here’s why it’s troubling for the industry.
The hack of Bybit is the latest incident in which the crypto industry has been targeted.MarketWatch - 1d -
Hackers steal $1.5 billion from exchange Bybit in biggest-ever crypto heist
Bybit, a major cryptocurrency exchange, has been hacked to the tune of $1.5 billion in digital assets, in what’s estimated to be the largest crypto heist in history.NBC News - 1d -
Hackers steal $1.5 billion from exchange Bybit in biggest-ever crypto heist
Bybit, a major cryptocurrency exchange, has been hit by the largest crypto heist in history.CNBC - 16h -
Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record $334 billion
Berkshire Hathaway reported fourth-quarter results on Saturday. The company's Class A shares popped more than 25% in 2024.CNBC - 19h -
Newsom requests nearly $40 billion in disaster aid following Los Angeles wildfires
California Gov. Gavin Newsom (D) sent a letter to members of Congress requesting nearly $40 billion in funding to rebuild communities after wildfires devastated the Pacific Palisades and Altadena ...The Hill - 6h -
UN envoy says creating an inclusive Syrian government could help lift sanctions
U.N. special envoy for Syria Geir Pedersen has said that formation of a “new inclusive government” in Damascus by March 1 could pave the way for lifting sanctions imposed by western countriesABC News - 2d -
Can you trust Elon Musk and his ‘DOGE’ claims about government fraud?
American people deserve answers about what these Washington outsiders-turned-insiders are up toMarketWatch - 1d