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Index funds saved billions in fees. Now the industry wants its money back.
Innovations may be a costly trapFinancial Times - 3d -
Trump says a minerals deal with Ukraine is worth billions. It might not be as valuable as he hopes
Analysts questions the size of Ukraine's natural resources deposits, how accessible they are and easy to extract, and the ultimate value of a potential deal.CNBC - 3d -
Trump tariffs will hit over $200 billion in U.S.-Canada-Mexico cross-border rail trade
Over $200 billion in trade is carried by freight rails between the US, Canada and Mexico, with auto parts, oil, lumber, ag, and chemicals linking the economies.CNBC - 3d -
How a $5 million fix turned Paramount Pictures' 'Sonic' into a billion-dollar franchise
Paramount Picture's redesign of the titular character in its "Sonic the Hedgehog" film has resulted in a $1.2 billion franchise five years later.CNBC - 2d -
U.K.'s Keir Starmer pledges $2 billion to help Ukraine buy missiles
European leaders were meeting in London on Saturday hoping shore up support for Ukrainian President Volodymyr Zelenskyy after President Donald Trump berated him live on television, calling into ...NBC News - 23h -
China's Honor pledges $10 billion AI investment and deepens ties with Google in global push
Honor is looking to expand outside of China and push into the higher-end part of the market where Apple and Samsung play.CNBC - 1d -
Ramp secures $13 billion valuation in deal allowing employees, investors to sell shares
The deal is also the latest in a string of private companies letting employees cash out shares and lowering the pressure on themselves to go public.CNBC - 3h -
Amazon-backed AI firm Anthropic valued at $61.5 billion after latest round
Anthropic on Monday closed its latest funding round at a $61.5 billion post-money valuation, the company confirmed to CNBC.CNBC - 23m -
Swiss Re expects L.A. wildfires to cost the global insurance industry $40 billion, making them the costliest U.S. fires ever
Swiss Re said that its losses from the Los Angeles wildfires would come in under $700 million and that it had no plans to “pull back” from California.MarketWatch - 4d