Latest in Billion Layoffs
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Honda-Nissan multi-billion dollar merger collapses
The Japanese car making giants aimed to combine their businesses to compete against Chinese rivals.BBC News - 1h -
Honda and Nissan Scrap $50 Billion Merger Plan
The Japanese companies’ decision to call off negotiations highlights the challenges legacy automakers face in partnering to tackle new technologies.The New York Times - 1h -
Chevron wants to save about $3 billion. Layoffs are on the horizon.
The integrated energy company said that layoffs will affect 15% to 20% of its employees, starting this year and with most layoffs completed before the end of 2026.MarketWatch - 9h -
Dominion Energy Will Spend $50 Billion to Increase Capacity
The Virginia-based utility firm aims to meet record energy demand from data centers.Inc. - 17h -
How Elon Musk $97.4 billion bid complicates matters for OpenAI
OpenAI CEO Sam Altman has dismissed a $97.4 billion takeover bid led by rival Elon Musk, but the unsolicited offer could complicate Altman’s push to transform the maker of ChatGPT into a for-profit ...ABC News - 1d -
Ford Chief Executive Says Trump Policies May Lead to Layoffs
The executive, Jim Farley, said President Trump’s tariff and auto policies would raise costs and could force the automaker to cut jobs.The New York Times - 1d -
China’s ‘Ne Zha 2’ Shatters Box Office Records With $1.2 Billion
The runaway success of “Ne Zha 2” is another sign that Chinese audiences are choosing domestic movies over Hollywood blockbusters.The New York Times - 1d -
Unions sue over Trump’s DOGE order that plans 'large-scale' government layoffs
A coalition of unions representing federal employees sued Wednesday over President Trump’s executive order that lays the groundwork for mass layoffs across the government. Trump signed the order ...The Hill - 10h -
Prebiotic soda brand Olipop valued at $1.85 billion in latest funding round
Olipop's annual sales surpassed $400 million in 2024 as competition heats up with rivals such as Poppi.CNBC - 15h -
Prebiotic soda brand Olipop valued at $1.85 billion in latest funding round
Prebiotic soda brand Olipop said Wednesday that it was valued at $1.85 billion in its latest funding round, which raised $50 million for the company.NBC News - 16h -
1 in 3 Americans have 'layoff anxiety' — here's how to combat it
Workers feel a disproportionately high degree of layoff anxiety, reports show. But there are ways to use that fear to better position yourself in the job market.CNBC - 18h -
Crytek Announces Significant Layoffs As Crysis 4 Is Put On Hold
Crytek has announced that it'll be laying off 15% of its staff, a move that the company has called "inevitable" but necessary to help it move forward. This will affect 60 of the people from the ...GameSpot - 21h -
California’s FAIR Plan Gets $1 Billion Bailout After L.A. Fires
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying a home insurance crisis.The New York Times - 1d -
Anduril to take over Microsoft's $22 billion U.S. Army headset program
Anduril Industries will take control of Microsoft's multibillion-dollar augmented reality headset program for the U.S. Army.CNBC - 1d -
Elon Musk Just Hurled a $97.4 Billion Curveball at OpenAI
The unsolicited bid raises the stakes for Sam Altman to turn the company into a for-profit.Inc. - 1d -
Judge Rules That Trump Administration Defied Order to Unfreeze Billions in Federal Grants
The federal judge in Rhode Island said the Trump administration had failed to comply with his order unfreezing billions of dollars in federal grants.The New York Times - 2d -
Elon Musk Leads $97.4 Billion Bid to Control OpenAI
The billionaire is leading a group of investors in the unsolicited offer, which complicates the start-up’s plan to raise more money.The New York Times - 2d -
Musk-led investor group offers $97.4 billion for OpenAI — Altman declines
According to The Wall Street Journal, Elon Musk and a group of investors are offering $97.4 billion to take control of OpenAI.CNBC - 2d -
Elon Musk-led investor group offers $97.4 billion for control of OpenAI
Billionaire Elon Musk is leading a group of investors in a $97.4 billion bid to take control of artificial intelligence pioneer OpenAI.CBS News - 2d -
Elon Musk and investors offering $97.4 billion for control of OpenAI, WSJ reports
Elon Musk is leading a group of investors in offering to buy control of OpenAI for $97.4 billion, The Wall Street Journal reported on Monday.NBC News - 2d -
Potential mass layoffs at FBI as tensions run high during Trump era
President Trump said he intends to fire some FBI personnel who worked on the January 6, 2021, Capitol riot investigations. CBS News' Nicole Sgaga reports.CBS News - 2d -
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These States Could Miss Out on $47 Billion in Energy Loans
Billions of dollars in loans are in limbo due to Trump’s freeze of clean energy funding, affecting businesses across the country.Inc. - 2d -
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Trump Expects Musk to Find Billions in Pentagon Waste Next
The Pentagon’s budget is roughly $1 trillion per year.Inc. - 3d -
Trump predicts ‘billions’ of dollars of Pentagon fraud in Fox News interview
President targets education department and military in pre-Super Bowl chat and repeats wish for Canada to be 51st state. Super Bowl 2025 – live updates Donald Trump said that he expects Elon ...The Guardian - 3d -
Trump vows to cut billions of dollars from US defence spending
President says ‘fraud and abuse’ at Pentagon will be Elon Musk’s next targetFinancial Times - 3d -
Trump Plans to Send $8 Billion in Arms to Israel, Bypassing Some Lawmakers
President Biden announced the arms sales at the end of his administration, and President Trump is pushing it soon after his meeting with Prime Minister Benjamin Netanyahu of Israel.The New York Times - 4d -
Meta Plans Layoffs for Monday
Meta is planning to trim about 5 percent of its lowest performers.Inc. - 4d -
Trump amends CBS '60 Minutes' lawsuit and demands $20 billion
President Trump doubled the damages he is seeking from CBS and its parent company, Paramount Global, which needs FCC approval for its pending merger.Los Angeles Times - 4d -
Trump administration to cut billions in medical research funding
National Institutes of Health said the $4bn loss will affect ‘indirect’ funding of buildings, equipment and staff. The Trump administration is cutting billions of dollars in medical research ...The Guardian - 4d -
Democrats demand probe into Musk's alleged 'conflicts' over billions in fed contracts
House Judiciary Democrats sent a terse letter Friday to Attorney General Pam Bondi, expressing concerns that Elon Musk’s role at DOGE creates "conflicts of interest."ABC News - 5d -
Anduril in talks to raise money at $28 billion valuation as defense-tech booms
Anduril has signed a term sheet to raise up to $2.5 billion at a valuation of $28 billion, according to sources close to the company.CNBC - 5d -
OpenAI Close to Deal that Values Company at $300 Billion
The Japanese conglomerate SoftBank would invest up to $40 billion in the maker of the chatbot ChatGPT.The New York Times - 5d -
Jobless Benefit Claims Rose, But Layoffs Remain Relatively Low
The Labor Department said jobless claims rose by 11,000 last week to 219,000, a bit higher than expected.Inc. - 6d
