Latest in Billions Climate
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Singapore to Halt $1.7 Billion Allianz Deal
The Singapore government plans to put a halt to a proposed deal by Germany’s Allianz to buy a majority stake in Singapore insurance company Income Insurance.Business - The Wall Street Journal - October 14 -
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Damage Estimates for Helene and Milton Pass $100 Billion
Each hurricane is likely to be a $50 billion disaster, joining the ranks of the most costly U.S. storms.Business - Inc. - October 17 -
Biden Cancels Another $4.5 Billion in Student Debt
The executive decision will help 60,000 borrowers, bringing the total number of public service workers getting loan forgiveness to more than 1 million.Business - Inc. - October 17 -
The hidden billions Argentines hold in undeclared savings
Decades of distrust of the country’s currency has resulted in a ‘dollars under the mattress’ cultureWorld - Financial Times - October 23 -
Why Meta and Snap are spending billions on AR glasses
Meta CEO Mark Zuckerberg and Snap CEO Evan Spiegel are betting big that augmented-reality glasses will replace the smartphone.Business - CNBC - October 24 -
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Waymo Raises $5.6 Billion From Outside Investors
Alphabet’s driverless car unit now has vehicles operating in San Francisco, Phoenix and Los Angeles.Business - The New York Times - October 28 -
Biden announces $3 billion investment in U.S. ports
President Biden announced a $3 billion investment to reinvigorate ports across the U.S. Mr. Biden spoke from the Port of Baltimore, not far from the site of the Francis Scott Key Bridge collapse.Top stories - CBS News - October 29 -
Alphabet Revenue Jumps 15% to $88.3 Billion
The tech giant’s 34 percent increase in quarterly profit topped Wall Street expectations, driven by its advertising and cloud businesses.Tech - The New York Times - October 29 -
UEFA pledges $1 billion to grow women's soccer
UEFA pledged Wednesday to steer €1 billion ($1.08 billion) toward all levels of women's soccer over the next six years as part of a comprehensive strategy to grow the game in Europe.Sports - ESPN - October 30 -
Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion
The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.Tech - The New York Times - October 30 -
Siemens to Buy Altair in $10.6 Billion Equity Deal
The German industrial giant is acquiring software and technology company Altair, a deal that will increase Siemens’s digital business revenue.Business - The Wall Street Journal - October 30 -
Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit
The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.Business - The New York Times - October 31 -
Kroger Finalizes $1.37 Billion Opioid Crisis Settlement
Kroger finalized a $1.37 billion settlement in connection with the grocery chain’s role in the U.S. opioid crisis, Nevada Attorney General Aaron Ford said.Business - The Wall Street Journal - 5 days ago -
Why have Americans been moving closer to climate risk?
Pandemic-era migration has doubled the number of people in areas most vulnerable to extreme weather eventsWorld - Financial Times - October 14 -
Europe’s medical schools to give more training on diseases linked to climate crisis
New climate network will teach trainee doctors more about heatstroke, dengue and malaria and role of global warming in health. Mosquito-borne diseases such as dengue and malaria will become a ...World - The Guardian - October 14 -
Climate Disasters Are Shattering the Lives of People Who Live in Mobile Homes
Millions of Americans, many poor and vulnerable, live in mobile and manufactured homes. When catastrophe strikes, they’re often on their own.Top stories - The New York Times - October 14 -
Climate expert Porter Fox breaks down the factors behind supercharged storms
Porter Fox, author of "Category Five: Superstorms and the Warming Oceans That Feed Them," joins "CBS Mornings Plus" to explain how warmer water and rising sea levels are fueling more powerful ...Top stories - CBS News - October 14 -
Insurers embrace climate change investments as catastrophe costs mount
Industry adopts low-carbon goals it once shunned as natural disaster losses exceed $100bn a yearBusiness - Financial Times - October 15 -
EU ministers nod to support for nuclear energy ahead of UN climate summit
Bloc officials overcome deep divisions on atomic power but finance goal commitment remains unresolvedBusiness - Financial Times - October 15 -
Most in Florida support candidates who fight climate change: Survey
A majority of Floridians said they would prefer political candidates who back action on climate change, according to a Florida Atlantic University survey released Tuesday. The poll, conducted ...Politics - The Hill - October 15 -
Climate change-induced extreme weather will push millions to move, study finds
As the southern U.S. reels from back-to-back hurricanes, researchers estimate that millions will move away from areas with extreme weather in the coming decades. Senior research geographer Dr. ...Top stories - CBS News - October 15 -
Mass bird deaths in botulism outbreak are linked to climate crisis
More than 94,000 birds have died at Tule Lake wildlife refuge in northern California, its worst recorded epidemic. An ongoing outbreak of botulism, a bacterial illness that causes muscle paralysis, ...World - The Guardian - October 16
