Latest in Billions Dollars
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How This Startup Came to Dominate the Billion-Dollar NIL Market
More than 100,000 college athletes use Opendorse to earn money off their names, images, and likenesses.Inc. - 1d -
When It Comes to D.E.I. and ICE, Trump Is Using Federal Grants as Leverage
The Department of Homeland Security is reviewing billions of dollars in grants to make sure cities and states are complying with President Trump’s priorities on immigration and diversity.The New York Times - 2d -
For opioid victims, payouts fall short while governments reap millions
Pharmaceutical companies accused of fueling the nation's opioid crisis are paying state and local governments billions of dollars in legal settlements. But how much are victims getting?CBS News - 1d -
What’s at stake with the House v. NCAA settlement? Goodbye amateurism, hello revenue sharing
By Lauren Merola, Ralph D. Russo and Justin Williams College athletes are about to get paid — directly, by their universities. That’s a California judge approves a landmark, multi-billion-dollar ...Yahoo Sports - 2d -
Iran's currency falls to record low against the dollar as tensions run high
Iran’s rial currency traded at a record low against the U.S. dollar as the country returned to work after a long holidayABC News - 4d -
Trump's tariffs were expected to boost the dollar, but recession fears are dragging it down
A key dollar index fell about 3% in the 24 hours surrounding Trump's tariff announcement and is now back to pre-election levels.CNBC - 3d -
Pakistan eyes multibillion dollars of investment as it hosts summit on country's minerals sector
A long-awaited international summit on mines and minerals—attended by delegations from the United States, Saudi Arabia, and China— has kicked off in Islamabad, as Islamabad eyes multibillion ...ABC News - 1d -
Trump administration halts $1 billion for Cornell, $790 million for Northwestern
The Trump administration has frozen more than $1 billion in federal funding to Cornell and $790 million to Northwestern.ABC News - 1h -
Crypto firm Ripple to buy prime broker Hidden Road for $1.25 billion
Crypto startup Ripple said Tuesday that it's agreed to buy prime brokerage firm Hidden Road for $1.25 billion in the company's biggest acquisition to date.CNBC - 1d -
IMF reaches $20 billion bailout deal with troubled Argentina
The IMF said it has reached a preliminary agreement with Argentina on a $20 billion bailout as President Javier Milei seeking overturn of country's old economy.NBC News - 10h -
New open source AI company Deep Cogito releases first models and they’re already topping the charts
The initial model lineup includes five base sizes: 3 billion, 8 billion, 14 billion, 32 billion, and 70 billion parameters.VentureBeat - 23h -
A $4 Billion Sex Abuse Settlement in L.A., After Childhoods of ‘Pure Hell’
Thousands of plaintiffs, once children in Los Angeles County’s juvenile detention and foster care systems, are part of a record-breaking payout.The New York Times - 2d -
Trump Administration Aims to Spend $45 Billion to Expand Immigrant Detention
A request for proposals for new detention facilities and other services would allow the government to expedite the contracting process and rapidly expand detention.The New York Times - 2d -
Apple's 3-day loss in market cap swells to almost $640 billion
Apple is reeling over concerns that President Donald Trump's tariffs could force the iPhone maker to raise prices or accept lower profits.CNBC - 2d -
Apple's 3-day loss in market cap swells to almost $640 billion
While the stock market broadly fared better on Monday than in the prior two trading days, Apple got hammered once again, losing 3.7%, as concerns mounted that the company will take a major hit from ...NBC News - 1d -
Pediatrician accused of sex abuse ordered to pay $1.6 billion to 104 women
Lawyers for the women say their litigation has resulted in one of the largest cumulative awards against a single individual in the U.S.CBS News - 10h -
Avoiding Kindleberger’s Trap
Why doubts over the Fed’s dollar swap lines are such a big dealFinancial Times - 1d -
Hearing on landmark $2.8 billion NCAA settlement could lock in seismic changes for college sports
Hours before college basketball crowns its next champion, the future of college sports will be hanging in the balance in a California courtroom.NBC News - 2d -
California wildfires left behind 9 billion pounds of toxic ash and debris | 60 Minutes
After the wildfires ravaged homes in Los Angeles, California, cleanup crews faced a new challenge: electric car batteries that can explode when damaged.CBS News - 2d -
Is it time to buy Broadcom shares alongside CEO Hock Tan's $10 billion buyback?
"This is a great situation," Jim Cramer said Tuesday.CNBC - 1d -
'Death sentence': Advocates blast $1.3 billion in State Department food aid cuts
The State Department has moved to squeeze lifesaving foreign aid dramatically around the world, according to several U.S. officials familiar with the matter.ABC News - 22h -
Trump Administration Freezes $1 Billion for Cornell and $790 Million for Northwestern, Officials Say
The funding pause amid civil rights investigations into both universities sharply escalates the Trump administration’s campaign against elite colleges.The New York Times - 18h -
Jury awards $1.68 billion to 40 women in James Toback sexual misconduct lawsuit
The verdict in the suit, filed under New York's Adult Survivors Act, held Toback responsible for a pattern of sexual assault and psychological abuse.Los Angeles Times - 1h -
Man admits to selling $250K in fake memorabilia
A former California resident pleaded guilty to selling hundreds of thousands of dollars in fake memorabilia.ESPN - 1d -
Top ECB policymaker warns ‘worst-case scenarios’ are materialising
Bank of Spain governor says global investors may reassess role of US dollar as haven currencyFinancial Times - 11h -
Here's how much an iPhone could cost with Trump's tariffs on China
U.S. tariffs on China could add hundreds of dollars to the cost an iPhone, a new analysis shows.CBS News - 3h -
NOAA Staffing Cuts Threaten Years of Salmon Harvests
In Washington, where salmon is a multibillion dollar industry, government staff terminations and budget freezes may put salmon production at risk.The New York Times - 3h -
Trump and Paramount Agree on Mediator in ‘60 Minutes’ Lawsuit
President Trump’s $20 billion suit accuses CBS News of deceptively editing an interview with former Vice President Kamala Harris.The New York Times - 2d -
Digital health startup Transcarent takes Accolade private in $621 million deal
Transcarent CEO Glen Tullman previously led Livongo, which was purchased by Teladoc in a 2020 agreement that valued the company at $18.5 billion.CNBC - 1d -
Microsoft says it's 'slowing or pausing' some AI data center projects
Microsoft says it's “slowing or pausing” some of data center construction, including a $1 billion project in OhioABC News - 3h -
Amazon Kuiper launches first satellites to take on SpaceX's Starlink, capitalize on anti-Musk fervor
Amazon has spent six years on Project Kuiper, its $10 billion-plus effort to take on Elon Musk's Starlink.CNBC - 2h -
An Idaho warden acquired lethal injection drugs from an undisclosed supplier on a rural road
While manufacturers of FDA-approved injectable pentobarbital are warning states not to use the sedative in executions, some states are still buying it — and paying top dollar.NBC News - 5d -
Auto sales are on a 'roller coaster ride' as tariffs are expected to increase prices
Trump's 25% tariffs on imported vehicles and upcoming 25% levies on auto parts are expected to add thousands of dollars to the costs of new cars and trucks.CNBC - 2d -
House settlement inches closer to final approval
A judge directed lawyers to address a short list of her remaining concerns about a multibillion-dollar settlement that could reshape college sports.ESPN - 1d -
Memorabilia scammer forged Kardashian, Trump autographs for up to $550K, feds say
A scammer made hundreds of thousands of dollars by selling fake celebrity memorabilia, including forged signatures of the Kardashians and President Donal Trump, federal authorities said Monday.NBC News - 1d -
Trump’s Threatened Tariff on Buyers of Venezuelan Oil Could Squeeze China
Venezuela owes China’s banks about $10 billion, and its oil is about the only legal way it has to pay them back.The New York Times - 5d -
Deloitte Layoffs Reflect Private Sector Fallout From DOGE Cuts to Government Contracts
One of the top 10 U.S. consulting firms is preparing for layoffs as $65 billion worth of federal contracts with private companies are targeted for cuts and cancellations.Inc. - 5d -
A Sneak Peek Inside Universal’s New Epic Universe Theme Park in Orlando
The new $7 billion theme park in Orlando opens in May. With it, Universal aims to challenge Disney by letting visitors explore lands based on movies and games.The New York Times - 4d
