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The Grammys are still happening, but with refocus on L.A. fires relief
The 2025 Grammys are still happening next month in L.A. with a refocus on fundraising to support wildfire relief.CBS News - Jan. 15 -
Pfizer Sells 700 Million Haleon Shares for $3 Billion
The sale decreases Pfizer’s shareholding in the consumer-healthcare business to 7.3% of its issued share capital, down from 15%.The Wall Street Journal - Jan. 15 -
Small nuclear reactors are coming, but big is still better
SMRs, typically built in factories, could cut construction times, financing costs and many other risks of building on siteFinancial Times - Jan. 15 -
Country Garden Lost $24.33 Billion in 2023
The Chinese developer released its long-delayed results showing that its net loss narrowed in the first half of 2024 following a record loss in 2023.The Wall Street Journal - Jan. 14 -
Canada Approves Bunge's $8.2 Billion Deal for Viterra
Canada has approved Bunge’s $8.2 billion deal for Glencore-backed Viterra, as the companies agreed to concessions to address previous antitrust concerns.The Wall Street Journal - Jan. 14 -
Capital One Is Accused of Cheating Customers Out of $2 Billion
Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as rates rose.The New York Times - Jan. 14 -
Johnson & Johnson makes $15 billion bet on mental-health drugs
Pharma giant Johnson & Johnson is buying Intra-Cellular Therapies, eying sales growth above analysts’ expectations through 2029.MarketWatch - Jan. 13 -
Apple Faces $1.8 Billion Lawsuit in U.K. Court Over App Store
Lawyers representing the class action said that Apple excluded potential rivals from competing for customers on devices running its iOS operating system by forcing developers to sell their apps ...The Wall Street Journal - Jan. 13 -
Chronic Pain Afflicts Billions of People. It’s Time for a Revolution.
As many as two billion people suffer from it — including me. Can science finally bring us relief?The New York Times - Jan. 12 -
L.A. wildfires still largely uncontained
Nearly a week since wildfires first erupted in Los Angeles County, the scope of the disaster has become shockingly clear: At least 16 deaths, more than 12,000 homes and structures destroyed, and ...CBS News - Jan. 12 -
People are still refreshing their Covid wardrobes to return to the office
Shoppers took advantage of holiday discounts to snag new clothes and shoes, with many heeding employers’ ongoing calls to bring staffers back to their desks.NBC News - Jan. 12 -
Americans are still flocking to these 10 states—but not as many as before
Americans are still moving to the Sun Belt, but overall migration is slowing due to high homeownership costs.CNBC - Jan. 11 -
More people in late 20s still living with parents
The rising cost of buying or renting home has led more to remain in the family home, a think-tank says.BBC News - Jan. 11 -
As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump
The wildfire may be the costliest disaster in California history.Inc. - Jan. 10 -
EU Competition Regulator Conditionally Clears Synopsys' $35 Billion Ansys Deal
The commission said that the companies’ offer to sell two business units to a rival fully addresses its concerns.The Wall Street Journal - Jan. 10 -
Fox Must Face Smartmatic’s $2.7 Billion Defamation Lawsuit, Court Rules
The complaint, which arose out of Fox News’s promotion of vote-rigging conspiracy theories after the 2020 U.S. presidential election, is on track to proceed to trial.The New York Times - Jan. 9 -
Grooming still happening in Oxford, ex-investigator says
Simon Morton says perpetrators are operating in plain sight and the "guys we couldn't catch are still out there".BBC News - Jan. 9 -
Anthropic in Talks for $2 Billion Funding Round
The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.The New York Times - Jan. 8 -
Shutterstock and Getty Merge to Meet AI Challenge in $3.7 Billion Deal
The two big players in the licensed visual content will pair up to counter threats from artificial intelligence tools like Midjourney.Inc. - Jan. 8 -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - Jan. 8 -
Anthropic’s $60 billion valuation would obscure a stark reality in AI
Anthropic may be joining rival OpenAI with its own eye-popping valuation, but the hefty valuations for the two biggest AI startups obscure the fact that, for now, these companies are burning ...MarketWatch - Jan. 8 -
AI Startup Anthropic Raising Funds Valuing It at $60 Billion
The Amazon-backed OpenAI rival was valued at $18 billion last year.The Wall Street Journal - Jan. 7 -
Trump Blurs Lines in $20 Billion Data Center Announcement and Other Deals
Even before the start of the new administration, there has been repeated blurring of lines between the federal government efforts and Trump family businesses.The New York Times - Jan. 7 -
Is a 2-year CD still worth opening?
A 2-year CD can still be valuable for many savers, even at a slightly lower interest rate. Here's why.CBS News - Jan. 7 -
Getty Images, Shutterstock to Combine in $3.7 Billion Deal
Getty shareholders will own about 54.7% of the combined company, which will retain the Getty name. Shares of both companies surged on the news.The Wall Street Journal - Jan. 7 -
Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - Jan. 7 -
Democrats still underestimate Trump
Despite his greatest political win, and arguably America’s greatest presidential recovery, Trump’s opponents continue to act as though his success is a fluke.The Hill - Jan. 7 -
Getty Images to buy Shutterstock as part of $3.7 billion visual content expansion
Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock image powerhouse geared for the artificial intelligence era, in a deal that would likely draw ...NBC News - Jan. 7 -
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When the blizzard hits, why are we still commuting?
As Winter Storm Blair wreaks havoc across the U.S., the lack of leadership in promoting remote work is frustrating and could have saved lives, reduced economic disruption and maintained normalcy.The Hill - Jan. 7 -
Microsoft Plans to Invest $3 Billion on AI, Cloud Infrastructure in India
The company plans to grow the company’s Azure cloud business in India and set up new data centers.The Wall Street Journal - Jan. 7 -
Phillips 66 to Buy EPIC NGL for $2.2 Billion
Phillips 66 will buy EPIC NGL for $2.2 billion to help the Houston oil refiner grow its Permian midstream business.The Wall Street Journal - Jan. 6 -
Stryker to Acquire Inari Medical in Deal Valued at $4.9 Billion
Inari makes mechanical thrombectomy solutions designed to treat peripheral vascular diseases. Stryker said the deal would be complementary to its neurovascular business.The Wall Street Journal - Jan. 6 -
Microsoft Says AI Will Lead To Job Losses, Invests $80 Billion In The Tech
Microsoft has doubled down on its plan to invest $80 billion into artificial technologies in 2025, while at the same time admitting that advancements to the technology will lead to job losses. This ...GameSpot - Jan. 6 -
Sonic The Hedgehog Film Franchise Races Past $1 Billion At The Box Office
Paramount Pictures has announced that the Sonic the Hedgehog film franchise has earned more than $1 billion at the global box office. The movie franchise--based on Sega's long-running video game ...GameSpot - Jan. 6 -
Djokovic still has 'trauma' over Covid deportation
Novak Djokovic says he still has "trauma" when he visits Melbourne, three years after being deported because of Covid-19 rules.BBC News - Jan. 6 -
'Liverpool were flustered and rattled - but still weren't beaten'
MOTD2 pundit Alan Shearer explains why there is no need for Premier League leaders Liverpool to panic after their thrilling draw with Manchester United.BBC News - Jan. 6