Latest in Billion Pell Grant
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NIH cuts billions from research overhead funding
The National Institutes of Health (NIH) on Friday made a significant reduction in grants reserved for research institutions, a decision that may significantly impact American higher education. The ...The Hill - 24m -
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 - 48m -
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 - 2h -
Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies
Meta, Amazon, Alphabet and Microsoft intend to invest as much as $320 billion this year into AI advancement technologies.CNBC - 7h -
Looming $2.7 billion Pell Grant shortfall poses a new threat for college aid
The Congressional Budget Office last month released Pell Grant program projections, which now estimate a $2.7 billion funding shortfall later this year.CNBC - 8h -
This HR Company Valued at $12 Billion Just Announced Plans to IPO. Here’s Why Other Companies Are Watching Closely
Human Resources startup Deel recently hit an annual revenue run rate of $800 million.Inc. - 12h -
Trump should not take bond investors for granted
It needs only a small reduction in the dollar slice of global reserves to hit prices and raise borrowing costsFinancial Times - 18h -
A.I. Military Start-Up Anduril Close to Deal That Would Value It at $28 Billion
The Southern California start-up, which builds flying drones and missiles, is set to raise up to $2.5 billion.The New York Times - 21h -
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 - 1d -
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 - 1d -
LinkedIn Made $2 Billion in Subscriptions Last Year. How’s Hiring Going for You?
Something smells fishy.Inc. - 1d -
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 - 22h -
Bill Ackman reveals he's been building a more than $2 billion stake in Uber
The hedge fund manager said his fund began buying Uber shares in early January and has amassed 30.3 million shares, worth $2.3 billion.CNBC - 1d