Latest in Billions Dollars
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Honda-Nissan multi-billion dollar merger collapses
The Japanese car making giants aimed to combine their businesses to compete against Chinese rivals.BBC News - Feb. 13 -
Trump vows to cut billions of dollars from US defence spending
President says ‘fraud and abuse’ at Pentagon will be Elon Musk’s next targetFinancial Times - Feb. 9 -
Trump predicts ‘billions’ of dollars of Pentagon fraud in Fox News interview
President targets education department and military in pre-Super Bowl chat and repeats wish for Canada to be 51st state. Super Bowl 2025 – live updates Donald Trump said that he expects Elon ...The Guardian - Feb. 9 -
‘Trump trades’ start to misfire as dollar weakens
Treasuries rally as investors take more bearish view on economic impact of new president’s policiesFinancial Times - Feb. 11 -
The relationship between gold prices and the dollar: Everything to know
Gold prices and the U.S. dollar typically have an inverse relationship, but that's been changing. Here's what to know now.CBS News - 1d -
Trump’s freewheeling disruption could extend to the dollar
The president’s conviction that US currency strength gives trading partners an unfair advantage is well knownFinancial Times - 15h -
A Strong Dollar Means Bargains for Americans Traveling Abroad
The dollar’s strength against the euro, the yen and other foreign currencies means bargains for U.S. travelers.The New York Times - 10h -
Who wants to look a million dollars, these days? | Zoe Williams
There was a time when being a millionaire represented fantastical, unimaginable wealth – but our language needs an update. Two friends and I were walking through our various rationales for some ...The Guardian - Feb. 11 -
Glencore held talks over sale of multibillion-dollar African copper mines
Potential disposals in DR Congo and Kazakhstan could be biggest by Swiss miner since Gary Nagle took charge in 2021Financial Times - 6d -
Why Canada's "super pigs" pose a multibillion-dollar threat to the U.S. economy
The U.S. border with Canada is under new scrutiny, with both countries focused on increased migration as well as drug and weapons smuggling. But another concern is rising, especially among farmers ...CBS News - 4d -
Breaking down the trillion-dollar risk posed by climate change
This weekend's flooding in Kentucky is a reminder of nature's power, and how it can be amplified by climate change. According to climate risk modeling company First Street, climate change could ...CBS News - 2d -
DHS launches multimillion-dollar ad telling 'criminal' migrants they're 'not welcome'
The Department of Homeland Security launched a multimillion-dollar ad Tuesday directed at those who try to come to the United States illegally, saying: Don’t try it.ABC News - 2d -
Despite DOGE, Trump's agenda calls for adding trillions of dollars to U.S debt
WASHINGTON — President Donald Trump and his billionaire adviser Elon Musk have sent shock waves through the federal government by attempting to take a hatchet to certain agencies in the name of ...NBC News - 1d -
‘Trump trades’ like the dollar and bitcoin are stalling, while Chinese stocks are racing ahead
President Trump has been back in the White House for less than a month. Yet many of the most popular “Trump trades” have already seen their momentum wane, while Chinese and European stocks — which ...MarketWatch - 3d -
OpenAI Close to Deal that Values Company at $300 Billion
The Japanese conglomerate SoftBank would invest up to $40 billion in the maker of the chatbot ChatGPT.The New York Times - Feb. 7 -
Trump administration to cut billions in medical research funding
National Institutes of Health said the $4bn loss will affect ‘indirect’ funding of buildings, equipment and staff. The Trump administration is cutting billions of dollars in medical research ...The Guardian - Feb. 8 -
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Dominion Energy Will Spend $50 Billion to Increase Capacity
The Virginia-based utility firm aims to meet record energy demand from data centers.Inc. - Feb. 12 -
Honda and Nissan Scrap $50 Billion Merger Plan
The Japanese companies’ decision to call off negotiations highlights the challenges legacy automakers face in partnering to tackle new technologies.The New York Times - Feb. 13 -
‘She is financially irresponsible’: My husband secretly gives our daughter, 37, thousands of dollars. She spends the money wildly. How do I stop this?
“My husband has been giving her money each month. The deposits from October 2024 through February 2025 total almost $13,000.”MarketWatch - Feb. 9 -
Anduril in talks to raise money at $28 billion valuation as defense-tech booms
Anduril has signed a term sheet to raise up to $2.5 billion at a valuation of $28 billion, according to sources close to the company.CNBC - Feb. 7 -
Democrats demand probe into Musk's alleged 'conflicts' over billions in fed contracts
House Judiciary Democrats sent a terse letter Friday to Attorney General Pam Bondi, expressing concerns that Elon Musk’s role at DOGE creates "conflicts of interest."ABC News - Feb. 7 -
Trump amends CBS '60 Minutes' lawsuit and demands $20 billion
President Trump doubled the damages he is seeking from CBS and its parent company, Paramount Global, which needs FCC approval for its pending merger.Los Angeles Times - Feb. 8 -
Trump Plans to Send $8 Billion in Arms to Israel, Bypassing Some Lawmakers
President Biden announced the arms sales at the end of his administration, and President Trump is pushing it soon after his meeting with Prime Minister Benjamin Netanyahu of Israel.The New York Times - Feb. 9 -
Trump Expects Musk to Find Billions in Pentagon Waste Next
The Pentagon’s budget is roughly $1 trillion per year.Inc. - Feb. 10 -
These States Could Miss Out on $47 Billion in Energy Loans
Billions of dollars in loans are in limbo due to Trump’s freeze of clean energy funding, affecting businesses across the country.Inc. - Feb. 10 -
Elon Musk-led investor group offers $97.4 billion for control of OpenAI
Billionaire Elon Musk is leading a group of investors in a $97.4 billion bid to take control of artificial intelligence pioneer OpenAI.CBS News - Feb. 10 -
Elon Musk and investors offering $97.4 billion for control of OpenAI, WSJ reports
Elon Musk is leading a group of investors in offering to buy control of OpenAI for $97.4 billion, The Wall Street Journal reported on Monday.NBC News - Feb. 10 -
Musk-led investor group offers $97.4 billion for OpenAI — Altman declines
According to The Wall Street Journal, Elon Musk and a group of investors are offering $97.4 billion to take control of OpenAI.CNBC - Feb. 10 -
Elon Musk Leads $97.4 Billion Bid to Control OpenAI
The billionaire is leading a group of investors in the unsolicited offer, which complicates the start-up’s plan to raise more money.The New York Times - Feb. 11 -
Judge Rules That Trump Administration Defied Order to Unfreeze Billions in Federal Grants
The federal judge in Rhode Island said the Trump administration had failed to comply with his order unfreezing billions of dollars in federal grants.The New York Times - Feb. 11 -
Elon Musk Just Hurled a $97.4 Billion Curveball at OpenAI
The unsolicited bid raises the stakes for Sam Altman to turn the company into a for-profit.Inc. - Feb. 11 -
China’s ‘Ne Zha 2’ Shatters Box Office Records With $1.2 Billion
The runaway success of “Ne Zha 2” is another sign that Chinese audiences are choosing domestic movies over Hollywood blockbusters.The New York Times - Feb. 11 -
Anduril to take over Microsoft's $22 billion U.S. Army headset program
Anduril Industries will take control of Microsoft's multibillion-dollar augmented reality headset program for the U.S. Army.CNBC - Feb. 11 -
California’s FAIR Plan Gets $1 Billion Bailout After L.A. Fires
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying a home insurance crisis.The New York Times - Feb. 12 -
How Elon Musk $97.4 billion bid complicates matters for OpenAI
OpenAI CEO Sam Altman has dismissed a $97.4 billion takeover bid led by rival Elon Musk, but the unsolicited offer could complicate Altman’s push to transform the maker of ChatGPT into a for-profit ...ABC News - Feb. 11
