Billion Takeover
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The Hill - Politics
Congress races to patch $3B Veterans Affairs shortfall
Lawmakers are moving quickly to pass emergency legislation to plug a roughly $3 billion shortfall facing the Department of Veterans Affairs (VA), as officials warn veterans' and survivors' benefits ...10 hours ago -
The Hill - Politics
Federal decision on Nippon-US Steel takeover to be pushed back
Japan’s largest steel maker, Nippon, is asking to refile its bid to acquire US Steel, a person familiar with the decision told The Hill, a move that will put off a decision on approving the deal ...14 hours ago -
NBC News - Top stories
Microsoft, BlackRock form group to raise $100 billion to invest in AI data centers and power
Microsoft and BlackRock are part of a group of companies collaborating to pull together up to $100 billion to develop data centers for artificial intelligence and the energy infrastructure to power ...15 hours ago -
Inc. - Business
Startup Intuitive Machines Wins $4.8 Billion NASA Contract
To establish a permanent base on the Moon and explore its surface, NASA needs a 21st century communications infrastructure. It chose a small Houston, Texas-based commercial space company to do the ...16 hours ago - NASA -
ABC News - Sports
Rogers Communications buys out Bell stake in Maple Leafs Sports for $3.5 billion
Rogers Communications Inc. is buying out Bell’s 37.5% share of Maple Leaf Sports & Entertainment for $3.5 billion16 hours ago -
CNBC - Business
Alaska closes $1.9 billion acquisition of Hawaiian Airlines after DOT blessing
The two airlines can begin the process of closing their $1.9 billion merger.17 hours ago -
CNBC - Business
Google wins court challenge to the EU's $1.7 billion antitrust fine over ad product
The European Union's second-highest court on Wednesday said a 1.5 billion euro ($1.7 billion) antitrust fine imposed on Google by regulators should be annulled.19 hours ago - Google -
MarketWatch - Business
Intuitive Machines’ stock soars, boosted by NASA contract worth up to $4.82 billion
Shares of Intuitive Machines Inc. were set to skyrocket Wednesday, lifted by the award of a NASA contract that could be worth up to $4.82 billion.21 hours ago -
ABC News - World
Google wins an appeal against 1.5 billion euro antitrust penalty in a 2019 European Union digital ad case
Google wins an appeal against 1.5 billion euro antitrust penalty in a 2019 European Union digital ad case23 hours ago - Google -
ABC News - World
Google wins legal bid to overturn 1.5 billion euro antitrust fine in digital ad case
Google has won a court challenge against a 1.49 billion euro European Union antitrust fine imposed five years ago that targeted its online advertising businessYesterday - Google -
The Guardian - World
Character Limit by Kate Conger and Ryan Mac review – Musk’s Twitter takeover
Behind the scenes of a corporate acquisition that changed social media for ever. There was a time, just three or four years ago, when you could follow the news closely and not hear about Elon Musk ...Yesterday -
Financial Times - Business
The FTC’s fight to stop an $8.5bn American fashion takeover
Michael Kors among those called to testify as regulators try to block a deal between the owners of Coach and his brandYesterday -
Financial Times - World
How a 7-Eleven takeover could reshape corporate Japan
Companies in Japan have long avoided foreign acquisitions, but that could be changingYesterday - Japan -
Financial Times - World
US delays decision on Nippon Steel’s $15bn takeover of US Steel
Japanese group wins extension to probe of deal that is opposed by Biden, Harris and TrumpYesterday -
The New York Times - Business
Biden Administration Extends Review Period for Nippon Takeover of U.S. Steel
U.S. Steel’s chief, David Burritt, expressed confidence on Tuesday that the sale of the American manufacturer to a Japanese owner would close “on its merits” despite bipartisan backlash.Yesterday - Joe Biden -
The Hill - Politics
House passes bill to plug $3B VA budget shortfall
The House on Tuesday passed an emergency bill to address a roughly $3 billion budget shortfall facing the Department of Veterans Affairs (VA), as officials warn millions of veterans’ benefits are ...Yesterday -
CNBC - Business
Microsoft, BlackRock form group to raise $100 billion to invest in AI data centers and power
Microsoft, BlackRock and Abu Dhabi's investment vehicle are aiming to initially raise $30 billion to invest in AI data centers and the energy to power them.Yesterday -
The New York Times - Business
$50 Billion in Aid to Ukraine Stalls Over Legal Questions
U.S. and European officials are struggling to honor their pledge to use Russian assets to aid Ukraine.Yesterday - Ukraine -
VentureBeat - Tech
EA aims to double audience to over 1 billion in 5 years
Electronic Arts unveiled its EA Sports App for connected entertainment beyond gaming will begin testing this fall.Yesterday -
Inc. - Business
Pentagon to Manage Intel's Latest $3 Billion Grant Under CHIPS Act
As foreign rivals leave the marquee chip maker behind, Intel gets a boost from the government, which wants to keep some semiconductor manufacturing securely and reliably based in the U.S., with ...Yesterday -
The Wall Street Journal - World
'Pig-Butchering' Scams Cost Americans Billions. This Lawyer Is Taking Them On.
Prosecutor Erin West has been one of the few to have any success against the overseas criminal networks perpetrating a new type of fraud.Yesterday -
MarketWatch - Business
Pret a Manger’s U.S. expansion sees cafe chain’s sales hit $1.5 billion
The coffee seller said one quarter of its overall sales are now generated outside the U.K.Yesterday -
MarketWatch - Business
FanDuel owner Flutter Entertainment strikes $2.6 billion deal to buy Italy’s Snaitech
Flutter Entertainment has reached an agreement to acquire Playtech subsidiary Snaitech, in what will see the Irish company become Italy’s largest gambling business2 days ago -
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The Wall Street Journal - Business
Microsoft Boosts Dividend, Authorizes Buyback of Up to $60 Billion
Microsoft will raise its quarterly payout by about 11% and begin a new stock-buyback program.2 days ago - Microsoft