Latest in Billion Investment Projects
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The A’s Near Agreement for $1.75 Billion Las Vegas Stadium
A groundbreaking on the new A’s stadium is likely by the 2028 season.Inc. - Dec. 6 -
Brendan Greene’s PlayerUnknown Productions unveils massive game projects
PlayerUnknown Productions is surfacing after years of work with a plan to enable founder Brendan Greene's next survival worlds.VentureBeat - Dec. 5 -
Bitcoin vs. 1-ounce gold bars: What's the better investment for 2025?
Both gold and Bitcoin could be investments that pay off next year, but one may be a smarter bet than the other.CBS News - Dec. 5 -
93% of Web3 game projects are dead | ChainPlay
ChainPlay reported today that 93% of GameFi projects (the fusion of gaming and decentralized finance, or Web3 games) are dead.VentureBeat - Dec. 5 -
Google’s AI NotebookLM Project Leaders Leave to Launch Their Own Startup
The AI business is so hot that many employees at large, successful AI firms are leaving and trying their own startups in a healthy funding climate.Inc. - Dec. 5 -
The UC Berkeley Project That Is the AI Industry's Obsession
Chatbot Arena ranks the world’s best AI models on a leaderboard based on user voting in head-to-head competitions between bots.The Wall Street Journal - Dec. 5 -
Friedkins ready to invest in January: Ranieri compiles list of desired targets
Dan and Ryan Friedkin have extended their full support to Claudio Ranieri.The American owners seem to have realized their mistakes and are more than willing to back Ranieri all the way.As reported ...Yahoo Sports - Dec. 5 -
‘Climate bomb’ warning over $200bn wave of new gas projects
New liquefied natural gas projects could produce 10 gigatonnes of emissions by the end of the decade, close to the annual emissions of all coal plants. A $200bn wave of new gas projects could lead ...The Guardian - Dec. 5 -
Lumina invests $2M in Fortnite UGC studio Creator Corp
Creator Corp announced a $2M investment from Lumina, which it plans to use build out it portfolio of UEFN games.VentureBeat - Dec. 4 -
Trump’s Project 2025 May Not Be What It Seemed. It’s Worse.
Trump’s version of Project 2025 may not be what it seemed. It’s worse.The New York Times - Dec. 4 -
5 reasons to invest in 1-ounce gold bars before 2025
It could make a lot of sense to add 1-ounce gold bars to your portfolio before the new year. Here's why.CBS News - Dec. 4 -
Biden Hopes Train Project in Angola Defines Africa Legacy
In his last announced trip abroad as president, Mr. Biden relished touring a U.S.-financed train line in Angola intended to transport goods and critical minerals to port.The New York Times - Dec. 4 -
G.M.’s Ailing China Business Will Deal It a $5 Billion Blow
General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric and hybrid cars have taken off.The New York Times - Dec. 4 -
Biden heading back to U.S. from Angola after highlighting American investments
President Biden has wrapped up his historic trip to Angola after touring a port on Wednesday where the U.S. has invested billions. CBS News White House reporter Willie James Inman has more.CBS News - Dec. 4 -
Why physical gold remains a smart investment, according to experts
Physical gold such as bars and coins offers advantages even as markets shift. Here's why.CBS News - Dec. 4 -
Lloyds boss warns of UK ‘investability problem’ after motor finance ruling
Sector left reeling after court backs consumer complaints about ‘secret commissions’ on car loansFinancial Times - Dec. 4 -
Bundesbank chief calls for softer debt brake to increase investment
German central bank president Joachim Nagel urges Berlin to relax rules to address defence and infrastructure shortfallsFinancial Times - Dec. 4 -
Billion-dollar future: Dodgers deferred pay at $1B
New contracts for Blake Snell and Tommy Edman increased the Dodgers' obligations for deferred payments to more than $1 billion owed to seven players from 2028-46.ESPN - Dec. 3 -
UK auditors refuse to sign off Tees Valley regeneration project’s accounts
Accountants Mazars could not get sufficient assurance of Ben Houchen’s body before deadlineFinancial Times - Dec. 3 -
How a gold investment could boost your portfolio in 2025
Gold can be a valuable asset to add to your portfolio ahead of the new year. Here's why.CBS News - Dec. 3 -
Sovereign investment dispute resolution is broken
(for everyone except the lawyers, naturally)Financial Times - Dec. 3 -
Lawmakers in Georgia's separatist region of Abkhazia reject encouraging Russian investment
Lawmakers in Georgia’s breakaway province of Abkhazia on Tuesday rejected a bill offering privileges to Russian investors that sparked days of unrest and forced the regional leader to step downABC News - Dec. 3 -
AT&T plans to plow $20 billion into buybacks in signal of business turnaround
AT&T’s stock is rising as the company will bring back share repurchases alongside an expected $20 billion-plus in continued dividend commitments over the next three years.MarketWatch - Dec. 3 -
SpaceX’s $350 billion private valuation signals an IPO is off the table for now
Elon Musk’s space business is part of a trend of companies staying private, as its private-market valuation jumps by more than $100 billion with a proposed sale of shares.MarketWatch - Dec. 3 -
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Smilegate invests in GTA leader Dan Houser’s Absurd Ventures
Smilegate has made a strategic investment in Absurd Ventures, a game studio founded by Rockstar Games cofounder Dan Houser.VentureBeat - Dec. 3 -
Death sentence upheld for tycoon — unless she pays $9 billion
Truong My Lan was convicted of swindling money from Saigon Commercial Bank (SCB) and sentenced to death for fraud totaling $27 billion.CBS News - Dec. 3 -
BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion
The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.CNBC - Dec. 3 -
ServiceTitan’s planned IPO could come with a more than $5 billion valuation
The Glendale, Calif.-based company could raise up to $500 million in its initial public offering.MarketWatch - Dec. 3 -
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Microsoft Faces $1.3 Billion Antitrust Lawsuit Over Cloud Services in U.K.
Microsoft faces a dispute in the U.K. over how it charges customers who buy cloud software services that rival its own Azure, the latest antitrust challenge to the U.S. tech giant’s approach to ...The Wall Street Journal - Dec. 3 -
In Angola, Biden plans to tout US investments and visit a slavery museum
Joe Biden is using the first visit to Angola by a U.S. president to promote Washington’s investments in the sub-Sahara African nation and to see a slavery museum where he’ll acknowledge the ...ABC News - Dec. 3 -
Real estate tycoon must pay $9 billion to avoid execution in Vietnam
A court in Vietnam upheld a death sentence for real estate tycoon Truong My Lan, rejecting her appeal in a $12 billion embezzlement and bribery case.NBC News - Dec. 3 -
Vietnamese tycoon faces scramble to raise billions to avoid death sentence
Truong My Lan must repay three-quarters of $12bn she embezzled from bank in a case that shocked the country. The Vietnamese property tycoon Truong My Lan has lost her appeal against the death ...The Guardian - Dec. 3 -
Sanofi to Invest $1 Billion in New Insulin Manufacturing Base in China
The new base, which will be located in Yizhuang, Beijing, marks Sanofi’s second production site in the capital and its fourth in the country.The Wall Street Journal - Dec. 3 -
Investors call for reform of Scotland’s ‘stamp duty’ to boost investment
Asset managers call for removal of ‘disincentive’ to property spending north of the borderFinancial Times - Dec. 3 -
Trump picks investment banker Warren Stephens as UK ambassador
The billionaire donated millions to President-elect Donald Trump’s re-election campaign this year.BBC News - Dec. 3 -
Trump Picks Warren Stephens, Billionaire Investment Banker, for U.K. Ambassador
Warren Stephens, an investment banker, gave $2 million in 2016 to a group aiming to block Donald J. Trump’s political rise. More recently, he backed Asa Hutchinson, Chris Christie, Mike Pence and ...The New York Times - Dec. 3 -
Trump taps investment banker Warren Stephens for UK ambassador
President-elect Trump announced on Monday that investment banker Warren Stephens would serve as U.S. ambassador to the United Kingdom. “Warren has always dreamed of serving the United States full ...The Hill - Dec. 2 -
Americans expected to spend $13 billion total on Cyber Monday deals
Consumers are focusing on finding deals on Cyber Monday and American spending is expected to rise compared to 2023. CBS MoneyWatch correspondent Kelly O'Grady breaks down the spending trends for 2024.CBS News - Dec. 2
