Latest in Billion Now Say
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This fund manager forecast a 20% S&P 500 gain last year. Now he says cash is king.
Dan Niles, founder of Niles Investment Management, says the S&P could swing much higher or lower in 2025, and investors need to protect themselves.MarketWatch - 28m -
CFPB finalizes rule to remove estimated $49 billion in medical debt from credit reports
Medical debt comprises the largest category of unpaid balances in collections. The CFPB wants to help ensure that doesn't ruin Americans' finances.CNBC - 1h -
Satellites Can Now Identify Methane ‘Super-Emitters’
Two eyes in the sky are now trained on Earth, locating the worst offenders for releasing methane, wherever they may be.Wired - 6h -
Sierra Space CEO leaves, as $5 billion company pushes to launch space plane
Sierra Space CEO Tom Vice left the company at the end of 2024 after 3½ years in the role.CNBC - 18h -
U.S. Steel, Nippon Steel Challenge Biden Decision to Kill $14.1 Billion Deal
The companies accuse the president, head of steelworkers union and Cleveland-Cliffs CEO of teaming up to block the transaction.The Wall Street Journal - 22h -
Robot Vacuums Are Now the Tiny Butlers of Your Dreams
This year’s crop of robot vacuums can climb stairs and pick up dirty socks that are in their way. Soon they will be able to play with your cat. Good luck to us all.Wired - 22h -
U.S. Plans $8 Billion Sale of Arms, Including Bombs, to Israel
The Biden administration notified Congress of a weapons package for Israel that is one of the largest new arms sales since the war in Gaza began.The Wall Street Journal - 2d -
After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies
With a lucrative tax credit, the Biden administration is hoping to establish a new industry that might help fight climate change.The New York Times - 4d -
Getty’s stock soars 42% after image company agrees to merge with Shutterstock in $3.7 billion deal
The deal is expected to generate annual cost synergies of $150 million to $200 million by year three and to boost earnings and cash flow by year two.MarketWatch - 3h -
Now Is the Time to Reimagine Lebanon
The fall of the Syrian regime and loss of Iranian influence opens the door for the Lebanese to finally take their fate in their own hands.The New York Times - 9h -
A Reporter’s Reflection on Jan. 6, Then and Now
Luke Broadwater was at the Capitol when a pro-Trump mob stormed the complex on Jan. 6, 2021, as Congress was certifying Joseph R. Biden Jr.’s victory. Four years later, he reflects on what has ...The New York Times - 12h -
MicroStrategy’s latest capital-raise plans are for $2 billion of preferred stock to buy more bitcoin
The move is part of the company’s plan to issue $21 billion of equity and $21 billion in fixed-income instruments over the next three years.MarketWatch - 15h -
Sierra Space CEO leaves, as $5 billion company pushes to launch space plane
Sierra Space CEO Tom Vice has left the company, CNBC confirmed Monday.NBC News - 17h -
$119 billion of U.S. government debt to be issued this week, raising questions about demand
A total of $119 billion in U.S. government debt issuance is about to drop this week through Wednesday, pushed forward due to Thursday’s abbreviated session for bond traders as the country marks the ...MarketWatch - 18h -
What the Webb telescope has discovered in a galaxy 6.5 billion light-years away
NASA's James Webb Space Telescope has captured a unique image that revealed 44 individual stars in a galaxy 6.5 billion light-years away from the Milky Way.ABC News - 19h -
Microsoft Says AI Will Lead To Job Losses, Invests $80 Billion In The Tech
Microsoft has doubled down on its plan to invest $80 billion into artificial technologies in 2025, while at the same time admitting that advancements to the technology will lead to job losses. This ...GameSpot - 1d -
Sonic The Hedgehog Film Franchise Races Past $1 Billion At The Box Office
Paramount Pictures has announced that the Sonic the Hedgehog film franchise has earned more than $1 billion at the global box office. The movie franchise--based on Sega's long-running video game ...GameSpot - 1d -
Sabres Top Prospect Is Dominating The AHL Right Now
This Sabres prospect is continuing to thrive in the AHL.Yahoo Sports - 1d -
An N.B.A. Star Was Suspended. Now, He’ll Likely Be Traded.
If Jimmy Butler will really play anywhere other than Miami, a columnist for The Athletic believes there are four potential scenarios.The New York Times - 1d -
Congress notified of planned $8 billion weapons sale to Israel
President Biden has made it clear that Israel has the right to defend its citizens as the American ally presses forward with its war against Hamas in Gaza.CBS News - 2d -
Biden administration plans $8 billion weapons sale to Israel
State Department tells Congress of a planned $8 billion weapons sale to Israel.ABC News - 2d -
Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025
Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.CNBC - 3d -
Sabres Should Extend Surging Forward Right Now
The Sabres forward is making a serious case for a contract extension.Yahoo Sports - 3d -
State Dept. Tells Congress It Plans to Send $8 Billion in Arms to Israel
The arms transfer could be the final one the Biden administration provides to Israel. President Biden has largely ignored critics of Israel’s war in Gaza who have urged a halt to weapons aid.The New York Times - 3d -
Flu emergency room visits now "very high" nationwide, CDC says
Several Western states are seeing rates worse than last year's peak of flu season.CBS News - 3d -
Microsoft expects to spend $80 billion on AI-enabled data centers over next 12 months
Microsoft plans to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post.NBC News - 3d -
USB-C Is Now the Law of the Land in Europe
Apple has already pulled devices to comply with the European Commission’s new Common Charger Directive.Wired - 3d -
Biden blocks Japan's Nippon Steel from $15 billion takeover of U.S. Steel
President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S.NBC News - 4d -
After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies
With a lucrative tax credit, the Biden administration is hoping to establish a new industry that might help fight climate change.The New York Times - 4d -
Biden decides to block Nippon Steel’s $15 billion acquisition of U.S. Steel: Report
The White House is expected to announce U.S. President Joe Biden’s decision to block Nippon Steel’s $15 billion takeover bid of U.S. Steel on Friday.CNBC - 4d -
Constellation Inks $1 Billion Nuclear Power Deal
Under the contracts, Constellation will deliver electricity to more than 13 federal agencies.Inc. - 4d -
GTA 6 Could Sell 40 Million Copies And Make $3 Billion In First Year Alone
According to a research company, Grand Theft Auto VI could bring in more than $3 billion in total revenues during the first 12 months after launch. A report from Financial Times cites data from ...GameSpot - 4d -
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'I wanted to be a dancer - now I'm a WWE star'
Isla Dawn has gone from Langside College to becoming a tag team champion in the world's biggest wrestling company.BBC News - 6d -
Scopely scores a billion downloads and $10B in revenue to date
Scopely announced several key milestones achieved to date: $10 billion in lifetime revenue for its mobile games and a billion downloads.VentureBeat - Dec. 30