Latest in Billion Investment Scams
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Spotify says it paid $10 billion in royalties in 2024 — but only 4% of its artists make a living
The music-streaming giant has long been the target of criticism from artists about paltry payments, but said it doled out record royalties last year.MarketWatch - 4d -
We 'must act': Europe retaliates against Trump's 25% tariffs on steel and aluminum imports
The European Union said it would impose counter-tariffs on 26 billion euros ($28.33 billion) worth of U.S. goods starting in April in response to the duties.CNBC - 4d -
PwC and Saudi Arabia’s sovereign wealth fund clash over hiring of executive
‘Friction and angst’ over Neom auditor preceded Public Investment Fund’s ban on Big Four firmFinancial Times - Mar. 7 -
Las Vegas Raiders 2025 NFL offseason: Pete Carroll ready to reset franchise with Geno Smith
The Raiders haven't had a stable quarterback in several years. They can't go into another season without making a big investment at the position.Yahoo Sports - Mar. 8 -
Can Germany spend its way out of industrial decline?
Chancellor-to-be Friedrich Merz wants to expand investment in defence and infrastructure. The race to re-arm could be a much-needed boost for manufacturingFinancial Times - Mar. 8 -
‘We don’t believe in the velvet rope:' One money manager is giving retail investors access to private credit. But is it worth it?
The exchange-traded fund industry is looking to give retail investors more access to alternative investments including private credit.CNBC - Mar. 8 -
Businesses bemoan Indian ‘tax terrorism’ and red tape
Officials vow to cut bureaucracy and fiscal burden amid fears they could hurt investmentFinancial Times - Mar. 9 -
From chatbots to intelligent toys: How AI is booming in China
China plans to invest more than a trillion dollars as it races against the US to rule advanced tech.BBC News - 6d -
White House: Stock market plunge is not as 'meaningful' as business activity
The Trump administration contends that investments and growth from top businesses means more for the economy than the recent stock market rout.CNBC - 5d -
The anywhere-but-America trade has been working. But there are limits.
Investors have been rewarded for investing outside the United States — but real headwinds are emerging that could limit the successful trade.MarketWatch - 5d -
Donald Trump Jr: championing the Maga economy
ESG and DEI are out as the US president’s son makes lucrative investments that align with his father’s vision of AmericaFinancial Times - 4d -
Applivery raises funds from Supercell for device and software management
Applivery, a tech platform for endpoint management and app distribution, has received a strategic investment from Supercell.VentureBeat - 4d -
Back to back upgrades for one portfolio stock — why Jim Cramer insists you buy
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - 4d -
Hard-hit stocks catch another bid — plus, how our sell-off strategy has paid off so far
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - 4d -
ServiceNow expands AI offerings with pre-built agents, targeting broader enterprise adoption
ServiceNow has upgraded its AI agent offerings as it seeks it sto double down on investing in AI for enterprises.VentureBeat - 4d -
Germany’s Merz offers concessions to Greens over ‘historic’ spending plan
Chancellor-to-be vows greater share of investments for green transition as outgoing Bundestag reconvenes to debate billsFinancial Times - 3d -
Jim Cramer's 6 favorite stocks right now, plus updates on the rest of the portfolio
Jim Cramer ran through all 32 Club holdings during the Investing Club's March Monthly Meeting.CNBC - 3d -
‘We Hear You, Mr. President’: The World Lines Up to Buy American Gas
Facing Trump tariff threats, governments and companies are proposing major investments in American liquefied natural gas projects.The New York Times - 3d -
Trump’s son talks golf not politics in meeting with Scotland’s first minister
John Swinney discusses investment with Eric Trump as tariff war intensifies and activists target TurnberryFinancial Times - 3d -
Private equity is heading for a shake-up, experts say: 'This market actually is a good reset'
"You need to have your private markets beating your public market," Gaia Investment Partners' Serena Tan said.CNBC - 2d -
Kylian Mbappé, DJ Khaled partner with SailGP Championship ahead of Los Angeles Sail Grand Prix
Khaled joins SailGP as Chief Hype Officer, while Mbappé has invested into France's teamCBS Sports - 2d -
Good news for a struggling stock and bad news for a winner. Cramer's views on each
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - 2d -
What might happen next after the S&P 500’s correction?
Also: Deeper looks at Microsoft, Tesla (and Musk) and ways to broaden your investment horizons and lower your risk.MarketWatch - 2d -
Stocks jump to close out a rough week — plus, what drove the biggest winners in the portfolio
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - 2d -
Republicans in Congress weigh tax increase for top university endowments
Elite US schools including Harvard, Stanford and Princeton could see levies on investment gains raised as high as 21%Financial Times - 1d -
‘It’s been a scary ride’: My family has $800K in stocks. We lost 2 years of market gains in a few weeks. Do we sell — or buy?
“I’m considering encouraging my family to liquidate part of their real-estate holdings to further invest in equities.”MarketWatch - 1d -
How not to be deported: India’s nurses seeking work abroad learn how to migrate safely
Kerala is providing lessons on how not to be scammed by employment agencies as US and UK step up immigration raids. On a warm February morning, Devika, 24, sits with more than 60 classmates in the ...The Guardian - 4d -
Hugging Face co-founder Thomas Wolf just challenged Anthropic CEO’s vision for AI’s future — and the $130 billion industry is taking notice
Hugging Face co-founder Thomas Wolf challenges Anthropic CEO Dario Amodei's "compressed 21st century" vision, arguing AI systems are building "yes-men on servers" rather than the revolutionary ...VentureBeat - Mar. 6 -
Prison labor, an invisible workforce of the U.S. economy
Incarcerated workers produce $2 billion in goods and $9 billion in services every year. But not all of the incarcerated are paid for their labor, which can benefit people inside and outside a ...CBS News - Mar. 9 -
Alibaba’s new open source model QwQ-32B matches DeepSeek-R1 with way smaller compute requirements
While DeepSeek-R1 operates with 671 billion parameters, QwQ-32B achieves comparable performance with a much smaller footprint.VentureBeat - Mar. 5 -
Female founders in the U.S. VC ecosystem: the good and the bad | Pitchbook (updated)
Women founders and investors raised $38.8 billion in funding in the U.S. in 2024, up 27% from the year before, according to PitchBook.VentureBeat - Mar. 6 -
Trump Signs Order to Create a ‘Crypto Reserve’
The first-of-its-kind reserve will be anchored by a stash of Bitcoin the government already owns, estimated to be worth billions of dollars.The New York Times - Mar. 9 -
Potential $7.4B Purdue Pharma opioid settlement frustrates some victims
Opioid victims are not getting a "fair shake" in potential $7.4 billion settlement, a claimant in the Purdue Pharmacy bankruptcy case says.CBS News - Mar. 9 -
Cuts to Medicare, Medicaid Would Be ‘Catastrophic for Women’s Health,’ Says Chelsea Clinton
Republicans want to slash $880 billion from the agency overseeing Medicaid. There’s no way to do so without touching benefits.Inc. - 6d -
Social Security to increase overpayment withholdings to 100% from 10%
The clawback reversal would apply to new overpayments and will save $7 billion over 10 years.MarketWatch - 6d -
UN to rent Bangladesh property owned by former regime associate
Sobhan family under scrutiny amid efforts to claw back billions of dollars allegedly lost under Sheikh Hasina’s ruleFinancial Times - 5d -
Junior Bridgeman, NBA player-turned-billionaire businessman and Bucks minority owner, dies at 71
Bridgeman played more than a decade in the NBA before amassing a reported $1.4 billion in wealthCBS Sports - 5d -
Monopoly Go maker Scopely to acquire Niantic’s games business for $3.5B
Scopely has agreed to acquire Niantic's games business, which includes Pokémon Go, in a deal valued at $3.5 billion.VentureBeat - 4d -
Comcast expands partnership with Olympics, extends media rights through 2036
Comcast gained the rights to broadcast the Olympic Games through 2036 as part of a new $3 billion agreement with the International Olympic Committee.CNBC - 3d -
Taxpayers will suffer if Thames Water collapses, warns regulator
Ofwat says placing Thames under government control could end up costing taxpayers billions of pounds.BBC News - 3d