Billion Help Finance

US announces $1.2 billion to help finance renewable energy projects in Puerto Rico

The U.S. Department of Energy says it's setting aside $1.2 billion in federal funds to help finance renewable energy projects in Puerto Rico to reduce its dependence on fossil fuels

ABC News - 15h

Crypto in your pension? It’s not going to help.

U.S. state and local pension funds are looking at speculating on cryptocurrencies to solve their funding crisis.

MarketWatch - 18h

'One-in-a-billion' round egg discovered in Devon

Alison Greene says even Elon Musk, the richest man in the world, does not have a round egg.

BBC News - 23h

World Bank and AfDB outline $40bn power finance terms for Africa

Yahoo News - 1d

WHO: Health sector needs billions for reconstruction of Gaza

Yahoo News - 1d

Country Garden Lost $24.33 Billion in 2023

The Chinese developer released its long-delayed results showing that its net loss narrowed in the first half of 2024 following a record loss in 2023.

The Wall Street Journal - 3d

Canada Approves Bunge's $8.2 Billion Deal for Viterra

Canada has approved Bunge’s $8.2 billion deal for Glencore-backed Viterra, as the companies agreed to concessions to address previous antitrust concerns.

The Wall Street Journal - 3d

How Unauthorized Immigrants Help Finance Social Security Benefits

Undocumented workers often pay taxes that help fund programs like Social Security — even if they can’t collect from them in the future.

The New York Times - 3d

Bond yields are surging. Here's what it means for your finances

The yield on 10-year U.S. Treasury bonds reached its highest level in 14 months.

ABC News - 4d

New AI tool for fighting health insurance denials could save hospitals billions, and help patients

Waystar announced a new generative AI feature that aims to help hospitals quickly fight insurance denials.

CNBC - 4d

Gazprom considers record job cuts as Ukraine war ravages finances

Russian energy group hit by plummet in European gas sales and oil sanctions, putting 1,600 jobs on line

Financial Times - 4d

Chronic Pain Afflicts Billions of People. It’s Time for a Revolution.

As many as two billion people suffer from it — including me. Can science finally bring us relief?

The New York Times - 5d

For richer, for poorer: the changing finances of divorce

Budget changes make navigating the economic dynamics of relationships more taxing

Financial Times - Jan. 10

Now on the College Course Menu: Personal Finance

More universities and colleges nationwide are offering courses to teach students how to manage their own money.

The New York Times - Jan. 10

People smugglers to have finances targeted with new sanctions

The planned measures will target the finances of illegal smuggling networks, the Home Office says.

BBC News - Jan. 9

How car loans became Britain’s latest consumer finance scandal

Hidden commissions to car dealers inflated costs for buyers. The legal fallout could cost banks billions and restrict access to credit

Financial Times - Jan. 9

Anthropic in Talks for $2 Billion Funding Round

The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.

The New York Times - Jan. 8

How to help victims of LA wildfires

The Red Cross Cross and Salvation Army are already mobilizing to help victims.

The Hill - Jan. 8

AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation

The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.

Inc. - Jan. 8

Getty Images, Shutterstock to Combine in $3.7 Billion Deal

Getty shareholders will own about 54.7% of the combined company, which will retain the Getty name. Shares of both companies surged on the news.

The Wall Street Journal - Jan. 7

Anthropic in talks to raise funding at $60 billion valuation

AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.

CNBC - Jan. 7

Phillips 66 to Buy EPIC NGL for $2.2 Billion

Phillips 66 will buy EPIC NGL for $2.2 billion to help the Houston oil refiner grow its Permian midstream business.

The Wall Street Journal - Jan. 6

Sonic The Hedgehog Film Franchise Races Past $1 Billion At The Box Office

Paramount Pictures has announced that the Sonic the Hedgehog film franchise has earned more than $1 billion at the global box office. The movie franchise--based on Sega's long-running video game ...

GameSpot - Jan. 6

U.S. Plans $8 Billion Sale of Arms, Including Bombs, to Israel

The Biden administration notified Congress of a weapons package for Israel that is one of the largest new arms sales since the war in Gaza began.

The Wall Street Journal - Jan. 4

Congress notified of planned $8 billion weapons sale to Israel

President Biden has made it clear that Israel has the right to defend its citizens as the American ally presses forward with its war against Hamas in Gaza.

CBS News - Jan. 4

Biden administration plans $8 billion weapons sale to Israel

State Department tells Congress of a planned $8 billion weapons sale to Israel.

ABC News - Jan. 4

State Dept. Tells Congress It Plans to Send $8 Billion in Arms to Israel

The arms transfer could be the final one the Biden administration provides to Israel. President Biden has largely ignored critics of Israel’s war in Gaza who have urged a halt to weapons aid.

The New York Times - Jan. 4

After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies

With a lucrative tax credit, the Biden administration is hoping to establish a new industry that might help fight climate change.

The New York Times - Jan. 3

Five green finance questions for 2025

The new year will bring tough challenges for investors in the energy transition

Financial Times - Jan. 3

House Ethics panel recommends further review of campaign finance allegations against 2 lawmakers

An independent congressional watchdog wants to dig deeper into separate campaign finance allegations against two lawmakers, Reps. Andy Ogles (R-Tenn.) and Sheila Cherfilus-McCormick (D-Fla.). The ...

The Hill - Jan. 2

Constellation Inks $1 Billion Nuclear Power Deal

Under the contracts, Constellation will deliver electricity to more than 13 federal agencies.

Inc. - Jan. 2

Sanders gets Finance perch to push Social Security, Medicare expansion, tax reform

Sen. Bernie Sanders (I-Vt.), who supports expanding Social Security and Medicare and raising taxes on the wealthy, will get a seat on the Senate’s powerful Finance Committee, which has jurisdiction ...