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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 - 5d -
Globalization made America rich. Now, Trump's tariffs may upend it.
President Trump treats America’s friends more like its adversaries and his worldwide tariffs may reshape the global economy and the lives of billions.NBC News - 2d -
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 -
Warren Buffett's net worth is up so far in 2025—the rest of world's top 15 wealthiest people have all lost money
Some of the world's richest people lost tens of billions as President Trump's tariff announcement sparked market turmoil. One notable exception: Warren Buffett.CNBC - 1d -
Lego opens factory in Vietnam, says will make toys without adding emissions
Lego has opened a $1 billion factory in Vietnam that it says will make toys without adding planet-warming gas to the atmosphere by relying entirely on clean energyABC 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 - 3d -
Market turbulence will not impact Mediobanca deal, Monte dei Paschi CEO says
Monte dei Paschi di Siena downplayed the potential impact of ongoing market turbulence on its 13-billion-euro offer for Mediobanca, telling CNBC it expects to complete the deal this summer.CNBC - 2d -
Stocks bounce back after Trump tariff plunge
The stock market opened Tuesday with solid gains for the first time since President Trump announced plans to impose $600 billion in taxes on foreign goods. The Dow Jones Industrial Average rose ...The Hill - 1d -
Remember when Republicans were tax cutters? No more.
President Trump has imposed the largest tax increase since 1982 through his tariffs, which will cost U.S. taxpayers $258.4 billion this year alone and $2.9 trillion over a decade, damaging the ...The Hill - 1d -
Panama Official Accuses Hong Kong Port Operator of Misconduct
The controller general of Panama said CK Hutchison, a Hong Kong conglomerate, did not properly renew its license to operate two ports that are part of a $19 billion deal involving BlackRock.The New York Times - 1d -
Trump administration halts $1B in federal funding for Cornell, $790M for Northwestern
More than $1 billion in federal funding for Cornell and around $790 million for Northwestern have been frozen as the government investigates alleged civil rights violations at both universitiesABC News - 1d -
Hong Kong company denies that it failed to pay Panama under a contract to operate its canal ports
A subsidiary of a Hong Kong conglomerate, which is embroiled in U.S.-China tensions over its Panama Canal port assets has denied allegations that it had failed to pay about $1.2 billion to the ...ABC News - 20h -
RFK Jr. says he's 'not familiar' with $11b cuts to state and local health departments
Health and human services secretary Robert F. Kennedy Jr. said he was unaware that his agency is trying to rescind more than $11 billion from state and local health departments. “No I'm not ...The Hill - 18h -
US scientists create most comprehensive circuit diagram of mammalian brain
The 3D map of a cubic millimetre of mouse brain reveals half a billion synapses and 5.4km of neuronal wiring. The most comprehensive circuit diagram of neurons in a mammalian brain has been ...The Guardian - 16h -
With NCAA settlement pending, Power Four conference stakeholders lobby lawmakers on Capitol Hill
While a federal judge considers whether to approve a massive NCAA settlement that would pay athletes over $2 billion and pave the way for even more spending, a large group of industry officials ...Yahoo Sports - 12h -
N.Y. jury awards $1.68B to women who accused writer and director James Toback of sexual abuse
A New York jury on Wednesday awarded $1.68 billion in damages to 40 women who accused writer and director James Toback of sexual abuse and other crimes over a span of 35 years, according to lawyers ...NBC News - 2h