Latest in Billion Loss Says
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Hurricane Milton’s insured losses could reach $50 billion, says Verisk
Data and technology company Verisk Analytics Inc. VRSK said Wednesday it estimates the insured losses to onshore property from Hurricane Milton could range from $30 billion to $50 billion.Business - MarketWatch - October 16 -
Intel Posts More Than $16 Billion Loss but Says Sales Outlook Is Improving
The chip maker attributed nearly $16 billion in charges to its sweeping restructuring efforts. The company’s rosy sales forecast sent shares up about 8% after hours.Business - The Wall Street Journal - 6 hours ago -
Helene, Milton losses expected to surpass "truly historic" $50 billion each
Hurricanes Helene and Milton caused so much complex havoc that damages totals are likely join the infamous ranks of Katrina, Sandy and Harvey as super costly $50-billion-plus killers, experts say.Top stories - CBS News - October 17 -
Boeing reports $6.1 billion loss as strike takes toll on plane maker
Boeing reported a massive third-quarter loss, partly due to billions in charges from its airline programs as well as the current strike.Top stories - CBS News - October 23 -
Boeing reports $6 billion loss ahead of pivotal union vote
Boeing reported losses topping $6 billion last quarter as voting kicks off Wednesday on a labor contract that could put an end to a weeks-long strike that has crippled the aviation giant. “It will ...Politics - The Hill - October 23 -
Boeing workers to vote on ending strike as company reports billions in quarterly losses
Striking Boeing workers are set to vote on a new contract offer Wednesday after the company announced a $6 billion loss in its third-quarter earnings. CBS News senior transportation correspondent ...Top stories - CBS News - October 23 -
Boeing Awaits Strikers’ Vote, Reports $6 Billion Quarterly Loss
The 30,000 union workers who walked off the job six weeks ago vote on a new contract proposal as the plane maker keeps reeling from a brutal year.Business - Inc. - October 23 -
Ford sees another $1 billion EV loss, lowers guidance and its stock falls 6%
Ford Motor Co. reported earnings late Monday, but investors looked past a beat.Business - MarketWatch - 3 days ago -
Meta’s Reality Labs posts $4.4 billion loss in third quarter
Meta's Reality Labs unit, which develops augmented and virtual reality technologies, logged an operating loss of $4.4 billion in the third quarter.Business - CNBC - Yesterday -
Intel Posts $16.6 Billion Quarterly Loss, Its Biggest Ever
The Silicon Valley chip maker has struggled to turn around its fortunes after missing opportunities and poor execution.Tech - The New York Times - 7 hours ago -
Healthy Returns: Covering weight loss drugs could cost Medicare $35 billion through 2034
Medicare coverage of the drugs would up federal spending by $35 billion from 2026 to 2034. Meanwhile, CNBC tests Abbott's continuous glucose monitor Lingo.Business - CNBC - October 15 -
NFL stadiums could experience $11 billion in climate-related losses by 2050, a new report finds
As football stadiums are increasingly being used for concert venues, storm shelters and community events, the impact could be severe for the economy.Business - CNBC - October 17 -
NFL stadiums could experience $11 billion in climate-related losses by 2050, a new report finds
Hurricane Milton’s damage to Tropicana Field in Tampa, Florida, was so devastating it likely means the Tampa Bay Rays will be looking for another place to play ball for opening day next spring.Top stories - NBC News - October 18 -
New Boeing CEO sets sights on 'leaner' future as quarterly loss tops $6 billion
Boeing had released preliminary results earlier this month showing a big loss and $5 billion in charges across its defense and commercial units.Business - CNBC - October 23 -
Boeing reveals $6 billion quarterly loss ahead of key vote by striking machinists
Boeing Co.’s third-quarter earnings showed better-than-expected revenue despite the impact of a strike by machinists, but the company’s loss was wider than expected.Business - MarketWatch - October 23 -
Intel seeks billions for minority stake in Altera business, sources say
This move that would represent a sharp about-face from its earlier public messaging about the larger company's prospects.Business - CNBC - October 18 -
Lucid CEO defends $1.75 billion capital raise following stock drop
Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.Business - CNBC - October 22 -
Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise
DETROIT — Investors misinterpreted a public offering last week by Lucid Group that raised roughly $1.75 billion — and led to the stock’s worst daily performance in nearly three years — CEO Peter ...Top stories - NBC News - October 21 -
We're saying there's a chance: These 1- and 2-loss teams are still in CFP picture
A regular-season loss used to be ruinous. Now, with the expanded 12-team CFP, these 20 teams are still very much alive.Sports - Yahoo Sports - October 14 -
Weight loss drugs could help patients struggling with addiction, study says
A new study shows diabetes drugs like Mounjaro and Ozempic, which people also take to lose weight, may help patients suffering from addiction. CBS News contributor Dr. Celine Gounder explains.Top stories - CBS News - October 17 -
Weight loss drugs could help with alcohol, opioid addiction, study says
Drugs like Mounjaro and Ozempic, which many use for weight loss, may also help patients suffering from addiction, according to a new study.Top stories - CBS News - October 17 -
One Direction members say they are ‘devastated’ by loss of Liam Payne
Bandmates will miss the singer, 31, who fell to his death from a hotel balcony in Buenos Aires, ‘terribly’. Liam Payne autopsy shows star died of multiple injuries sustained in fall Liam Payne ...World - The Guardian - October 17 -
Weight loss jabs for jobless not dystopian, says Wes Streeting
The government is looking into whether weight-loss drugs can help get more people back to work.Top stories - BBC News - October 20 -
121-loss White Sox turn to Venable, sources say
The White Sox are hiring Rangers coach Will Venable to be their next manager after a 121-loss season, sources told ESPN, confirming a report by MLB.com.Sports - ESPN - Yesterday -
Mexico says foreign firms have pledged $20 billion in investments, but many are old or uncertain
Mexican officials say companies have pledged $20 billion in new foreign direct investment in MexicoTech - ABC News - October 15 -
French foreign minister says conference for Lebanon raised $1 billion in pledges for humanitarian aid, military support
French foreign minister says conference for Lebanon raised $1 billion in pledges for humanitarian aid, military supportWorld - ABC News - October 24 -
Jerod Mayo says Patriots are a 'soft football team across the board' following loss to Jaguars in London
New England dropped to 1-6 on the season with the Week 7 defeatSports - CBS Sports - October 21 -
Barstool’s Dave Portnoy says male NBA stars would be ‘crucified’ for acting like Angel Reese after playoff loss
‘If a male was doing what Angel Reese is doing she would get crucified,’ Portnoy saysSports - Yahoo Sports - October 24 -
Bengals' Joe Burrow remains confident despite blowout loss to Eagles, saying 10 wins and playoffs is 'doable'
Burrow still believes in his teamSports - CBS Sports - 4 days ago -
Japan election: voters have issued ‘severe judgment’, PM says after ruling coalition loses majority
Shigeru Ishiba and his Liberal Democratic party must try to find a third coalition partner after bruising election result creates political turmoil. Japan’s political future was shrouded in ...World - The Guardian - 4 days ago -
Cole Kmet says Bears didn't 'respect the game' before loss to Commanders on Jayden Daniels' Hail Mary
Kmet wants his Chicago teammates to be more focused during practiceSports - CBS Sports - 2 days ago -
UK Treasury chief Rachel Reeves unveils budget with 40 billion pounds in tax hikes, says she'll “invest, invest, invest”
UK Treasury chief Rachel Reeves unveils budget with 40 billion pounds in tax hikes, says she'll “invest, invest, invest”World - ABC News - Yesterday -
Liberty star Breanna Stewart says her wife received death threat after Game 1 loss to Lynx in WNBA Finals
Stewart said she's working with the league to keep her family safeSports - CBS Sports - October 16 -
'If you can kick and you’re at Arizona State, email me' — ASU coach says he'll have open kicking competition after loss to Cincinnati
Sun Devils kicker Ian Hershey has missed his last four field-goal attempts.Sports - Yahoo Sports - October 19