Latest in Billions Issued Biden
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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 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 -
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 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 -
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 -
Prebiotic soda brand Olipop valued at $1.85 billion in latest funding round
Prebiotic soda brand Olipop said Wednesday that it was valued at $1.85 billion in its latest funding round, which raised $50 million for the company.NBC News - Feb. 12 -
Prebiotic soda brand Olipop valued at $1.85 billion in latest funding round
Olipop's annual sales surpassed $400 million in 2024 as competition heats up with rivals such as Poppi.CNBC - Feb. 12 -
Chevron wants to save about $3 billion. Layoffs are on the horizon.
The integrated energy company said that layoffs will affect 15% to 20% of its employees, starting this year and with most layoffs completed before the end of 2026.MarketWatch - Feb. 13 -
Fox host: Musk needs to be transparent about 'billions' in government contract
Fox News host Jessica Tarlov knocked billionaire Elon Musk over what she said is a lack of transparency he is displaying amid efforts to make widespread changes to the size of the federal ...The Hill - Feb. 13 -
Musk Says He’ll Withdraw $97.4 Billion Bid for OpenAI on 1 Condition
Elon Musk and Sam Altman, OpenAI’s CEO, have a long-running feud.Inc. - Feb. 13 -
Banks Sell $4.7 Billion of X’s Debt, in a Sign of Investor Demand
The social media company is attracting investor interest because of Elon Musk’s close ties to President Trump and a recent jump in revenue.The New York Times - 6d -
TikTok returns to Apple and Google app stores. Why that’s an $850 billion risk.
TikTok was restored to app stores run by Apple Inc. and Alphabet Inc. on Thursday, after the tech giants were reportedly reassured by the Trump administration that they would not face legal ...MarketWatch - 6d -
OpenAI tells Musk it is 'not for sale' after tech titan's $97 billion bid
ChatGPT-maker OpenAI has rejected a hostile takeover bid from Elon Musk.NBC News - 5d -
OpenAI rejects Elon Musk's $97.4 billion takeover bid
OpenAI attorney William Savitt said the proposal "is not in the best interests of OAI's mission and is rejected."CBS News - 5d -
OpenAI Rejects Elon Musk’s $97.4 Billion Bid for Control of the Company
Bret Taylor, the chairman of OpenAI’s board, said the artificial intelligence company was “not for sale.” Mr. Musk is separately raising money for his A.I. start-up, xAI.The New York Times - 5d -
OpenAI Board Rejects $97.4 Billion Offer From Elon Musk
This is Musk’s plan to stop the startup from becoming a for-profit firm.Inc. - 5d -
The $50 billion failure: How federal homeless policy betrays Americans
Elon Musk's Department of Government Efficiency (DOGE) should focus on exposing the waste in the federal homelessness-industrial complex and redirecting billions to policies that deliver results, ...The Hill - 2d -
NIH Research Grants Lag Behind Last Year’s by $1 Billion
After weeks of disruption to scientific federal grants, the National Institutes of Health has fallen behind in funding research into treatments for deadly diseases.The New York Times - 2d -
DOGE Claimed It Saved $8 Billion in One Contract. It Was Actually $8 Million.
The biggest single line item on the website of Elon Musk’s cost-cutting team appears to include an error.The New York Times - 1d -
Nikola EV maker, once valued at $30 billion, files for bankruptcy
Once a rising star on Wall Street, the formerly hot startup became enmeshed in scandal and its founder convicted in 2022.CBS News - 1d -
Denmark to spend billions on defence, citing fears over Russian rearmament
Mette Frederiksen says situation is ‘most dangerous’ in many years as she increases defence budget to 3% of GDP. Mette Frederiksen admitted that Denmark and other countries made a mistake by ...The Guardian - 1d -
Got waste? Let's eliminate billions in corporate farm subsidies.
Brooke Rollins, the new secretary of Agriculture, has pledged to reform the department and create effective and efficient nutrition programs. She can tackle inefficient subsidies and food waste, ...The Hill - 23h -
DOGE team's "wall of receipts" shows errors in tallying billions in savings
The initial accounting by DOGE of its estimated savings was overstated by billions of dollars, a review by CBS News found.CBS News - 1d -
DOGE claims $55 billion in cuts so far -- but the figure is hard to verify
DOGE claims that so far its cuts have saved the public $55 billion in federal funds -- but that's not yet possible to verify based on the records that DOGE has disclosed.ABC News - 22h -
UK energy network owners made billions in excess returns, says watchdog
Citizen’s Advice says ‘policy failure’ by regulator means companies secured a windfall of almost £4bnFinancial Times - 19h -
Trump’s talking about auditing Fort Knox. It might be a $750 billion maneuver.
Talking to reporters on Air Force One, President Trump on Wednesday night mentioned going to Fort Knox. Repeatedly.MarketWatch - 6h -
Strategy raises another $2 billion with proceeds earmarked for bitcoin purchases
The crypto play formerly known as MicroStrategy is offering zero-coupon convertible bonds in its latest move to boost its bitcoin holdings.MarketWatch - 6h -
The IRS has issued 3.2 million tax refunds this year. Here’s the average payment
The IRS has issued 3.2 million tax refunds in 2025, as of Jan. 31. Here's the average payment.CNBC - Feb. 7 -
Hollyoaks actor Callum Kerr issues statement after death of mother and her husband in France
Kerr’s mother, Dawn Searle, and her partner Andrew were found dead at their rural home in south-west France on Thursday. A former Hollyoaks actor has said he is “grieving the tragic loss” of his ...The Guardian - Feb. 8 -
Lakers rescind trade for Mark Williams due to multiple issues with Hornets big man's physical, per report
The Lakers had traded a package centered around Dalton Knecht and a 2031 first-round pickCBS Sports - Feb. 9 -
Russell Vought, CFPB's new acting head, issues directives to halt parts of bureau activity
Office of Management and Budget Director Russell Vought issued a series of directives to Consumer Financial Protection Bureau employees Saturday night in his new capacity as the bureau's acting ...NBC News - Feb. 9