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Glacier meltdown risks food and water supply of 2 billion people, says UN

Unesco report highlights ‘unprecedented’ glacier loss driven by climate crisis, threatening ecosystems, agriculture and water sources. Retreating glaciers threaten the food and water supply of 2 ...

The Guardian - 1d

Nvidia to spend hundreds of billions on US supply chain, says chief

Jensen Huang’s pledge follows onshoring plans by other tech companies as Trump trade policies ripple through industry

Financial Times - 2d

FirstFT: Nvidia to spend billions in US as it shifts chip supply chain from Asia

Also in today’s newsletter, the Fed cuts its 2025 growth forecast and how Jeff Bezos made peace with Maga

Financial Times - 1d

$100 billion Arizona chips project will break dependence on China, Taiwan's president says

Taiwan’s President hailed TSMC's massive investment in Arizona as the “best model” for efforts to build supply lines for chips that don’t rely on China.

NBC News - 1d

Israel says it is cutting off its electricity supply to Gaza

Israel has cut off the electricity supply to Gaza

ABC News - Mar. 10

Israel cuts off electricity supply to Gaza

Israel says it is cutting off its electricity supply to Gaza, a week after Israel cut off all supplies of goods to the territory to over 2 million people.

NBC News - Mar. 9

Israel to cut off electricity supply to Gaza, minister says

Eli Cohen's announcement on Sunday came one week after Israel cut off all aid supplies to the territory.

BBC News - Mar. 9

3 Ways to Optimize Your Supply Chain for Omnichannel Retail

To offer shoppers the convenience of both in-person and online retail, you’ll have to make sure your supply chain is well-coordinated.

Inc. - Mar. 13

Supply chains and logistics

From drones and robots to driverless trucks, a look at the technological changes in logistics

Financial Times - Mar. 11

Boston Celtics sold for $6.1 billion

The Boston Celtics are being sold to Bill Chisholm for $6.1 billion.

CBS News - 20h

California's wine supply drops 24% in lowest haul in 30 years

California's wine supply has dropped 24% compared to the year before, according to a new report. It's the lowest haul in nearly 30 years. Elizabeth Cook joins to discuss.

CBS News - Mar. 10

Robots, drones and AI: How next-generation tech is changing the global supply chain

Logistics companies globally are leaning into emerging technologies such as robots, drones and AI to speed up the supply chain and serve customers faster.

CNBC - Mar. 14

Oil ends higher as tighter U.S. sanctions on Iran, Russia may disrupt global supplies

Oil futures finished higher on Friday, with news of tighter U.S. sanctions on Iran and Russia having the potential to disrupt global crude supplies.

MarketWatch - Mar. 14

Perplexity AI in talks to double valuation to $18 billion, raise up to $1 billion in new funding

Perplexity AI is in early talks to raise between $500 million and $1 billion in funding at an $18 billion post-money valuation, a source told CNBC.

CNBC - 1d

Oil tallies back-to-back gains as Middle East flare-ups lift risk of supply disruption

Crude futures notched back-to-back gains on Thursday, with prices finding support from growing tensions in the Middle East that raise the risk of supply disruptions in the oil-rich region.

MarketWatch - 1d

Alphabet to buy cybersecurity startup Wiz for $32 billion

Google owner Alphabet has agreed to buy cybersecurity startup Wiz for $32 billion

ABC News - 3d

Alphabet to buy cybersecurity startup Wiz for $32 billion

Google owner Alphabet has agreed to buy cybersecurity startup Wiz for $32 billion

ABC News - 3d

Alphabet to buy cybersecurity startup Wiz for $32 billion

Google owner Alphabet has agreed to buy cybersecurity startup Wiz for $32 billion

ABC News - 3d

Celtics sold for record $6.1 billion, sources say

Bill Chisholm has agreed to purchase the Boston Celtics from the Grousbeck family for a valuation for $6.1 billion, sources told ESPN.

ESPN - 23h

EPA Cancels $20 Billion in Climate Grants

Here is what we know about the billions in funds that have led to federal investigations, lawsuits and frozen bank accounts for climate nonprofit groups.

The New York Times - Mar. 12

CoreWeave aims to raise up to $2.7 billion in IPO

In its updated IPO prospectus on Thursday, CoreWeave said it plans to sell shares at $47 to $55 each, raising a total of up to $2.7 billion.

CNBC - 1d

Companies seek AI solutions to supply chain fragility

Logistics networks are becoming ever more complex and brittle

Financial Times - Mar. 11

Trump: Iran must stop supplying Houthis immediately

President Trump demanded that the Iranian government stop providing weapons to the Houthis in Yemen on Wednesday, declaring the group will be “annihilated.” “Reports are coming in that while Iran ...

The Hill - 2d

PepsiCo buys prebiotic soda brand Poppi for nearly $2 billion

PepsiCo said Monday that it is buying prebiotic soda brand Poppi for nearly $2 billion.

NBC News - 4d

Oakland A’s being valued at $2 billion in sale of new shares of team

John Fisher, managing partner of the Oakland A's, is offering new shares in his MLB team at a $2 billion valuation, according to sources.

CNBC - 4d

Google parent Alphabet to buy Wiz cybersecurity firm for $32 billion

The agreement comes after the cybersecurity startup rejected Google owner's original $23 billion proposal last July.

CBS News - 3d

SoftBank to acquire chip designer Ampere in $6.5 billion deal

SoftBank Group said Wednesday that it will acquire Ampere Computing, a startup that designed an Arm-based server chip, for $6.5 billion.

CNBC - 1d

House GOP budget plan would cut domestic spending by $13 billion

House Speaker Mike Johnson has unveiled his plan to avert a government shutdown by Friday night. The short-term stopgap bill would fund the government until Sept. 30, increase defense spending by ...

CBS News - Mar. 10

Canada to impose 25% retaliatory tariffs on $21 billion worth of U.S. goods

Canada will impose 25% tariffs on more than $20 billion worth of U.S. goods in retaliation for the Trump administration's steel and aluminum duties.

CNBC - Mar. 12

'Pokémon Go' sells to Saudi-backed Scopely in $3.5-billion deal

Scopely, a mobile game company, will purchase 'Pokémon Go' and other games from developer Niantic in a deal worth $3.5 billion, the companies announced Wednesday.

Los Angeles Times - Mar. 12

SoftBank expands its AI footprint with $6.5 billion purchase of Ampere Computing

SoftBank Group Corp. announced late Wednesday it is acquiring semiconductor designer Ampere Computing in a $6.5 billion deal that will expand its investments in AI infrastructure.

MarketWatch - 2d

Bill Chisholm agrees to buy Boston Celtics for record $6.1 billion

Symphony Technology Group managing partner Bill Chisholm agreed to buy the NBA's Boston Celtics at a $6.1 billion valuation, he announced Thursday.

Yahoo Sports - 1d

Pokémon Go Maker Niantic Sells Unit to Saudi Fund for $3.5 Billion

Scopely said it would buy Niantic’s video game business, which includes Pokémon Go, for $3.5 billion. Saudi Arabia’s sovereign wealth fund acquired Scopely in 2023.

The New York Times - Mar. 13

Spending Bill Omits Billions for Local Projects as Congress Cedes Power to Trump

The stopgap measure the G.O.P. is pushing to avert a government shutdown omits billions of dollars in member-requested projects, another way in which Congress has ceded its power on federal spending.

The New York Times - Mar. 14

Tech megacaps lose over $750 billion in market cap in worst day for Nasdaq since 2022

The seven most valuable tech companies lost more than $750 billion in market value on Monday

CNBC - Mar. 10

Salesforce pledges to invest $1 billion in Singapore over five years in AI push

Salesforce on Wednesday announced plans to invest $1 billion in Singapore over the next five years.

CNBC - Mar. 12

Americans lost $5.7 billion to investment scams in 2024, FTC says. Here's how to protect yourself

Americans lost $5.7 billion to investment fraud in 2024, up 24% from 2023, according to the Federal Trade Commission.

CNBC - 6d

Let Warren Buffet's old $1 billion offer for a perfect March Madness bracket remind you how impossible that is

Warren Buffet is offering everyone $1 billion that he knows no one will ever get.

Yahoo Sports - 5d

Google to acquire cloud security startup Wiz for $32 billion after deal fell apart last year

Google signed a "definitive agreement" to acquire Wiz for $32 billion in an all-cash deal

CNBC - 3d

Boston Celtics sold for $6.1 billion to group led by private equity executive Bill Chisholm

A group led by private equity executive Bill Chisholm is buying the NBA's Boston Celtics for $6.1 billion.

CNBC - 1d

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