Latest in Billion Plan
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Trump administration says it's cutting $60 billion in USAID foreign aid contracts
The Trump administration said it is eliminating more than 90% of the U.S.NBC News - Feb. 27 -
Stripe's valuation climbs to $91.5 billion in secondary stock offer
Stripe announced a tender offer on Thursday that values the company at close to its peak valuation from 2021.CNBC - Feb. 27 -
Trump’s Tariff Threats Revive Interest in $44 Billion Alaska L.N.G. Project
As the president pressures countries to buy more American energy, Asian officials and investors are reconsidering a hugely expensive plan stalled for decades.The New York Times - Feb. 27 -
Dell forecasts $15 billion of AI server sales this year
Dell said that it sold about $10 billion of AI-optimized servers in its fiscal 2025, and expects to sell about $15 billion in AI system sales this year.CNBC - Feb. 27 -
Trump cuts nearly $60 billion in foreign aid grants and contracts
For 60 years, the United States has believed that foreign aid in the form of international grants to provide food, medical care and other humanitarian aid would stabilize the chaotic world. In a ...CBS News - 6d -
Microsoft pulling the plug on Skype after buying it for $8.5 billion
Microsoft will soon switch off Skype, a pioneering telecom and video call platform that emerged from the rubble of the dotcom era.CBS News - 6d -
Trump administration approves nearly $3 billion arms sale to Israel
The arms sale approval comes as the first phase of the ceasefire between Israel and Hamas is set to expire on Saturday.CBS News - 5d -
Trump administration approves nearly $3 billion arms sale to Israel
The Trump administration approved a nearly $3 billion arms sale to Israel on Friday, bypassing the normal congressional review by declaring the war against Hamas an "emergency." The State ...NBC News - 5d -
Dead Athletes. Empty Stands. Billions to Keep Horse Racing Alive.
Let the sport of kings stand on its own.The New York Times - 4d -
Rubio Bypasses Congress to Send Israel $4 Billion in Arms
Secretary of State Marco Rubio’s emergency declaration calls for sending 2,000-pound bombs and other weapons to Israel as the war in Gaza continues.The New York Times - 3d -
Struggling With Errors, DOGE Deletes Billions More From List of Savings
For the second time in a week, Elon Musk’s government overhaul effort updated its “wall of receipts” to remove mistakes that inflated its success.The New York Times - 3d -
Trump announces Taiwanese chip giant's $100 billion investment in U.S.
President Trump announced that a leading Taiwanese semiconductor chip company plans to invest $100 billion in new manufacturing plants in the U.S.CBS News - 3d -
A.I. Start-Up Anthropic Closes Deal That Values It at $61.5 Billion
The announcement follows new fund-raising efforts from rivals like OpenAI, which is set to close a deal that values the company at $300 billion, and Elon Musk’s xAI.The New York Times - 3d -
Anthropic Raises $3.5 Billion, Boosted by Its Latest Claude AI Model
Anthropic’s fundraising success shows how a well-timed product launch can dazzle investors.Inc. - 3d -
Walgreens’ breakup looms as $10 billion sale to go private is reportedly in the works
Drugstore chain Walgreens Boots Alliance Inc. is closing in on a roughly $10 billion deal to sell itself to Sycamore Partners, a private-equity firm, which would then take Walgreens private and ...MarketWatch - 2d -
EU president aims for €800 billion of defense funding. How it would work.
European Union President Ursula von der Leyen on Tuesday proposed a funding program that she says could mobilize close to €800 billion ($844 billion) of defense spending.MarketWatch - 2d -
CoreWeave and Anthropic make opposite money-raising moves as AI attracts billions
Nvidia-backed Coreweave files to go public, while Amazon-backed Athropic announces a private-market valuation of $61.5 billion.MarketWatch - 2d -
Honeywell beefs up energy security offerings with $2 billion Sundyne deal
Conglomerate adds pump-maker business to its Energy and Sustainability Solutions (ESS) unit.MarketWatch - 2d -
Norway’s oil fund to allocate billions to long-short equity hedge funds
Norges Bank Investment Management to give $250mn mandates to external managersFinancial Times - 1d -
Taiwan President Defends TSMC’s $100 Billion U.S. Chip Investment
The Taiwanese chip giant TSMC’s plan to invest $100 billion in the United States has been met with anxiety and criticism in its home country.The New York Times - 12h -
Supreme Court rejects Trump's push to freeze billions in foreign aid
The Trump administration suffered a legal setback after the Supreme Court on Wednesday rejected its request to keep nearly $2 billion in foreign aid frozen. The ruling was 5-4, with conservative ...NBC News - 12h -
How the Crypto Exchange Bybit Lost $1.5 Billion to North Korean Hackers
The cryptocurrency exchange Bybit lost $1.5 billion to North Korean hackers last month — and it all traced back to an account on a free digital storage service.The New York Times - 9h -
Americans borrowed $74 billion last year to cover health care costs
For millions of Americans, paying for medical care often means going into debt, new data shows.CBS News - 4h -
Walgreens to go private in roughly $10 billion deal with Sycamore Partners
The historic transaction ends Walgreens' tumultuous run as a public company, which began in 1927.CNBC - 2h -
Trump layoff plan gets reprieve
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Judge gives Trump go-ahead on mass layoffs A federal judge refused a request from ...The Hill - Feb. 21 -
Will Republicans in Congress agree on a budget plan?
The Senate adopted a narrower budget proposal although Republicans in the House of Representatives are pushing ahead with different plan endorsed by President Trump. CBS News' Taurean Small reports.CBS News - Feb. 21 -
How Washington plans to defend the dollar
Trade tariffs grab headlines but the less-visible fight around money matters deeply to the presidentFinancial Times - Feb. 22 -
What's in the House GOP budget plan?
The House is expected to vote on a budget plan this week. It will be a key test to see if Republicans can unify around President Trump's agenda. CBS News congressional correspondent Nikole Killion ...CBS News - Feb. 24 -
Will Johnson's budget plan pass in the House?
House Speaker Mike Johnson says the lower chamber is very close to having enough votes to pass the budget plan that President Trump endorsed. CBS News' Taurean Small has more.CBS News - Feb. 25 -
Feds plan another 'accomplishment' email
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Feds plan another 'accomplishment' email Some agencies are planning to send a ...The Hill - 6d -
What is Trump’s Crypto Reserve Plan?
The prospect of using taxpayer money to stockpile cryptocurrencies in a national reserve has drawn criticism from lawmakers and investors.The New York Times - 2d -
Chipotle Plans to Hire 20,000 Workers for ‘Burrito Season’
As spring approaches, people’s thoughts will turn toward green grass, sunny days, the start of baseball, and, according to the fast-food chain, a hankering for burritos that will require its ...Inc. - Feb. 19 -
Chinese Embassy Plan in London Sets Off Opposition
Britain appears ready to approve what would be the largest diplomatic outpost in Europe, but neighbors and activists fear tapped phone lines and suppressed protests.The New York Times - Feb. 20 -
New Scotland-England border landmark plan submitted
The Star of Caledonia will stand 33m (100ft) high and aim to attract hundreds of thousands of visitors.BBC News - Feb. 21 -
A Ukrainian man is sentenced for planning sabotage on Russia's behalf
A Polish court has handed an eight-year prison term to a Ukrainian man convicted of planning acts of sabotage and arson on Russia's behalfABC News - Feb. 21 -
Downing Street rejects plan for legal migration cap
Officials had been studying hard limit as way to reduce numbersFinancial Times - Feb. 21 -
Nebraska nixes Tennessee home-and-home plan
Nebraska has opted out of its deal to play Tennessee in a home-and-home series scheduled for 2026 and 2027 because the Huskers' football stadium will be undergoing renovations.ESPN - Feb. 21 -
Trump Plans to Use Military Bases to Detain Migrants
Also, archaeologists found a pharaoh’s tomb. Here’s the latest at the end of Friday.The New York Times - Feb. 21 -
Arab Leaders Scramble to Counter Trump’s Gaza Plans
Leaders of Gulf states met with their Egyptian and Jordanian counterparts to strategize before a broader Arab summit early next month.The New York Times - Feb. 21