Billion Stake
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21 items
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Business - MarketWatch
AstraZeneca to pay up to $2 billion to license cardiovascular drug
AstraZeneca on Monday said it will pay up to $2 billion to license a cardiovascular drug.1 hour ago -
Business - Financial Times
Activist investor Starboard builds $1bn stake in drugmaker Pfizer
Pharma giant’s share price has fallen below pre-pandemic levels after shortlived bump from Covid vaccine7 hours ago -
Business - CNBC
Activist Starboard Value has $1 billion Pfizer stake, taps former executives for help, sources say
Starboard's stake comes amid a time of struggle at the drugmaker, which has begun to cut costs aggressively as demand for its Covid-19 medicines recedes.8 hours ago -
Business - MarketWatch
Starboard reportedly takes $1 billion stake in Pfizer, seeks changes
Activist investor Starboard Value has taken a $1 billion stake in beleaguered drugmaker Pfizer Inc. and is seeking a turnaround, the Wall Street Journal reported late Sunday.8 hours ago -
Business - CNBC
52-year-old worked 90-hour weeks in an oil refinery to save money for his business—now he's worth $9.5 billion
Todd Graves, the co-founder and co-CEO of Raising Cane's Chicken Fingers, is an unlikely billionaire. Here's how he built his business.Yesterday -
Sports - The New York Times
Inside College Football’s High-Stakes Game of Telephone
Why do college quarterbacks cup their helmets to muffle sounds? It’s all thanks to a new rule allowing coach-to-player helmet communication.Yesterday -
Business - CNBC
51-year-old introvert overcame her 'worst nightmare' to build her $1.2 billion company
Angie Hicks, the co-founder of Angi (formerly Angie's List), started the home services company with her former boss, Bill Oesterle, when she was 22 years old.Yesterday -
Business - MarketWatch
Why Open AI’s $100 billion 2029 revenue target seems like a tech fever dream
Being at the cutting edge doesn’t necessarily bring financial success.Yesterday -
Business - CNBC
Activist firm Mantle Ridge has $1 billion-plus stake in Air Products
Air Products shares are badly underperforming the S&P 500 for a second straight year, and the company has suffered from leadership upheaval.2 days ago -
Business - MarketWatch
Coeur Mining is using its high-flying stock to buy SilverCrest for $1.7 billion
Coeur Mining announced Friday an agreement in which the gold and silver miner is using its stock, that has more than doubled this year, to buy SilverCrest Metals in a deal valued at $1.7 billion.2 days ago -
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Business - CNBC
Helene recovery could cost $34 billion. Here's who might pay for it.
President Joe Biden said Monday that he may have to call on Congress to end its recess early to pass more disaster relief.2 days ago -
Business - CNBC
Miami Dolphins are in advanced talks to sell minority stake in team to Ares Management, billionaire Joe Tsai
The deal, which would also include Hard Rock Stadium, values the team at $8.1 billion, according to a person familiar with the negotiations.3 days ago -
Top stories - CBS News
Trump-backed mass deportations would cost billions, report says
Former President Donald Trump has long shared plans for mass deportations if he returns to office, but how much would that cost? A new report from the American Immigration Council has some ...3 days ago - Donald Trump -
Business - MarketWatch
Why Skittles, Cheez-Its and other snacks could get more expensive with this $36 billion merger
Consumer advocate group says the merger between Mars and Kellanova would create yet another massive player in the food industry, restricting competition and giving the combined company more leeway ...3 days ago -
Business - CNBC
OpenAI gets $4 billion revolving credit line, giving it more than $10 billion in liquidity
On top of its latest funding round, OpenAI has put a $4 billion revolving credit line in place — bringing its total liquidity to more than $10 billion.3 days ago -
Business - Inc.
U.S. Funds Four Power Grid Projects With $1.5 Billion
The money comes from the 2021 bipartisan infrastructure law and will fund 1,000 miles of new transmission lines in Louisiana, Maine, Mississippi, New Mexico, Oklahoma and Texas.3 days ago -
Tech - The New York Times
OpenAI Adds $4 Billion Credit Line on Top of $6.6 Billion Investment Round
The San Francisco company is gathering the billions its executives believe they will need to continue building new A.I. technology.3 days ago -
Business - MarketWatch
Miami Dolphins close to becoming first NFL team to sell stake to private-equity firm
Ares Management and Alibaba chair Joe Tsai are reportedly in talks to buy minority stakes in the team.3 days ago - NFL -
World - The New York Times
A Climate Fund Could Pay Billions to Protect Trees in Amazon and Beyond
Brazil is proposing a fund that would pay countries to protect tropical forests that are crucial to curbing climate change. It would generate returns, too.4 days ago - Climate