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The final price tag on 2024 political advertising: Almost $11 billion
The total bill for ad spending in the 2024 election hit almost $11 billion, a new record and a substantial increase from the $9 billion spent in 2020.Politics - NBC News - November 8 -
Billions were bet on election odds using online markets
Election betting platforms brought in billions of dollars as users wagered on who would win Tuesday’s U.S. presidential election.Top stories - NBC News - November 9 -
DNC official calls Harris campaign a '$1 billion disaster'
Democratic National Committee (DNC) official Lindy Li called Vice President Harris’s bid for the White House a “$1 billion disaster” following her loss to President-elect Trump in the 2024 ...Politics - The Hill - November 9 -
The big-money battle to host an F1 race is heating up
To continue growing, F1 will need to tread a narrow line between the sport's new audience and its core motor racing fans.Business - CNBC - November 11 -
Brussels to free up billions of euros for defence and security from EU budget
Policy shift will allow the bloc’s capitals to redirect ‘cohesion funds’ amid Ukraine conflict and Trump victoryBusiness - Financial Times - November 11 -
Motorists who bought cars on finance could share in billions
The car finance industry is setting aside billions to pay for potential claims after a test case.Top stories - BBC News - November 12 -
Mobile gaming is expected to generate $98.7 billion in revenue globally | Xsolla
Mobile gaming is expected to generate $98.7 billion in revenue globally this year, with Asia leading the market at $65 billion.Tech - VentureBeat - November 12 -
Activist investor ValueAct has $1 billion stake in Meta, sources say
Activist investor ValueAct has a $1 billion stake in Facebook parent Meta, according to people familiar with the matter.Business - CNBC - November 12 -
Hertz booked a $1 billion charge as the value of its cars dropped
Hertz’s stock slips, but bounces sharply off earlier lows, as $1 billion write-off of car values reflects acceleration of fleet rotation.Business - MarketWatch - November 12 -
Justice Department sues to block UnitedHealth Group's $3.3 billion purchase of Amedisys
The Justice Department is suing to block UnitedHealth Group’s $3.3 billion purchase of AmedisysHealth - ABC News - November 12 -
Inside VW and Rivian's $5.8 Billion Bet to Rescue Each Other
The world’s second-largest automaker and the Silicon Valley startup are trying to address each other’s core weakness.Business - The Wall Street Journal - November 13 -
The U.S. Air Force Strategy That Flexport Uses to Move Billions in Merchandise
Ryan Petersen’s Flexport technology moved $32 billion worth of merchandise in 2023 alone.Business - Inc. - November 13 -
The British Museum Gets a Giant Gift: $1.27 Billion of Chinese Ceramics
Sir Percival David’s collection, amassed in the early 1900s, includes prized vases and wine cups. “You simply couldn’t build up a collection like this today,” one expert said.Top stories - The New York Times - November 13 -
Britain's car finance industry is in crisis – with banks bracing for billions in payouts
The crisis has prompted comparisons to Britain's PPI scandal, which was estimated to have cost banks more than £50 billion ($63.8 billion).Business - CNBC - November 14 -
Inside the Billion-Dollar Startup Bringing AI Into the Physical World
Physical Intelligence has assembled an all-star team and raised $400 million on the promise of a stunning breakthrough in how robots learn.Tech - Wired - November 14 -
General Mills to Acquire Cat Feeding, Pet Treating Business for $1.45 Billion
General Mills said it had agreed to acquire a North American cat feeding and pet treating business from European private-equity firm NXMH in a deal worth $1.45 billion.Business - The Wall Street Journal - November 14 -
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After two stamp hikes, the USPS lost nearly $10 billion in 2024
The U.S. Postal Service's loss widened in fiscal 2024, although revenue rose slightly after two stamp hikes this year.Top stories - CBS News - November 14 -
US hacker sentenced over Bitcoin heist worth billions
Ilya Lichtenstein laundered the stolen cryptocurrency with his wife Heather Morgan aka Razzlekhan.Top stories - BBC News - November 15 -
Robert F. Kennedy Jr.’s Billion-Dollar Hit to Big Pharma
Donald Trump’s choice to run the Department of Health and Human Services spooked investors who worry what Kennedy would do.Business - The New York Times - November 15 -
Why Home Depot made an $18.25 billion bet on the pro business
The retailer's acquisition is boosting the business as home improvement demand remains slow.Business - CNBC - November 15 -
Arizona Chip Plant Gets $6.6 Billion Ahead of Trump Return
Taiwan Semiconductor Manufacturing’s U.S. unit will get federal money from the CHIPS Act, and will share some profits with the government.Business - Inc. - November 15 -
Billions at stake in court battle over North Sea oil
Lawyers and campaigners have made their arguments before Lord Ericht in Edinburgh this week.Top stories - BBC News - November 16 -
Bitfinex Hacker Gets 5 Years for $10 Billion Bitcoin Heist
Plus: An “AI granny” is wasting scammers’ time, a lawsuit goes after spyware-maker NSO Group’s executives, and North Korea–linked hackers take a crack at macOS malware.Tech - Wired - November 16 -
Harris campaign raised $1 billion-plus. It's still sending appeals for donors.
Democrats are sending persistent appeals to Harris supporters without expressly asking them to cover any potential debts, enticing would-be donors instead with other matters.Top stories - CBS News - November 16 -
ByteDance Valuation Hits $300 Billion Amid Possible U.S. TikTok Ban
ByteDance, owner of TikTok, has placed its own value at this figure.Business - Inc. - November 16 -
How Kamala Harris Burned Through $1.5 Billion in 15 Weeks
Her frenzied spending has led to second-guessing among some Democrats and questions as she has pressed for more cash since the election.Top stories - The New York Times - November 17