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Bumble Bee Foods Is Accused of Tolerating Forced Labor in Supply Chain
In a lawsuit filed in California, the plaintiffs said that Bumble Bee Foods was aware of and benefited from abuse by suppliers. The company declined to comment.The New York Times - Mar. 13 -
NYC will eventually have to abandon part of water supply if it keeps getting saltier
Decades of road salt use is taking a toll on New York City’s water reservoirsABC News - 21h -
White House crypto czar says public has 'lost out on over $17 billion'
Crypto czar David Sacks argued taxpayers have lost out on billions because earlier administrations never took advantage of bitcoin in the government's possession.ABC News - Mar. 7 -
OpenAI to pay CoreWeave $11.9 billion over five years for AI data centers, services
Ahead of CoreWeave's upcoming IPO, the provider of data centers for AI has signed a five-year deal with OpenAI worth almost $12 billion.CNBC - Mar. 10 -
How a hidden benefit of a Wells Fargo asset cap removal could save the bank billions
The bank paid $2.5 billion more in remediation efforts in 2023 than in 2018, which was a year before Charlie Scharf became CEO.CNBC - Mar. 11 -
Roche takes big step in weight-loss field with $5.3 billion deal. Novo Nordisk shares fall.
Swiss drugmaker Roche on Wednesday announced a major deal in the weight-loss category, agreeing to pay up to $5.3 billion to Zealand Pharma in a licensing and development deal.MarketWatch - Mar. 12 -
Roche shares pop 5% on $5.3 billion obesity drug deal with Zealand Pharma
Swiss pharmaceutical giant Roche said Wednesday that it had struck a deal worth up to $5.3 billion to develop Zealand Pharma's obesity drug candidate.CNBC - Mar. 12 -
Binance secures ‘largest investment ever’ in crypto as Abu Dhabi’s MGX pledges $2 billion
Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, marking the cryptocurrency exchange's first institutional investment.CNBC - Mar. 13 -
Tampa Bay Rays withdraw from planned $1.3 billion ballpark, citing storms and delays
The Tampa Bay Rays on Thursday withdrew from a $1.3 billion ballpark project, citing hurricanes and delays that likely will drive up the proposal’s cost.NBC News - Mar. 13 -
Tampa Bay Rays withdraw from planned $1.3 billion ballpark in St. Petersburg, citing storms, delays
The Tampa Bay Rays on Thursday withdrew from a $1.3 billion ballpark project, citing hurricanes and delays that likely will drive up the proposal’s costABC News - Mar. 13 -
$1 billion in unclaimed tax refunds to expire soon: How to claim your money
The IRS warns that an estimated $1 billion in tax refunds from the 2021 tax year may become the property of the U.S. Treasury if over 1.1 million Americans do not file their tax returns by April ...The Hill - Mar. 11 -
Purdue Pharma submits opioid lawsuit settlement plan, including up to $7 billion cash from Sacklers
Members of the Sackler family who own the OxyContin maker Purdue Pharma would hand over the company and up to $7 billion in cash in the latest plan to settle thousands of lawsuits over the toll of ...ABC News - 3d -
Purdue Pharma submits opioid lawsuit settlement plan, including up to $7 billion cash from Sacklers
Members of the Sackler family who own the OxyContin maker Purdue Pharma would hand over the company and up to $7 billion in cash in the latest plan to settle thousands of lawsuits over the toll of ...ABC News - 3d -
NBA champion Boston Celtics to be sold for a record $6.1 billion, AP source says
A group led by Symphony Technology Group managing partner William Chisholm has agreed to purchase the Boston Celtics for at least $6.1 billion, which would make the sale the richest in U.S. major ...Yahoo Sports - 1d -
Mismanagement turns up pressure on South Africa’s water system
Reservoirs may be full but poor maintenance, lack of investment and criminality are disrupting suppliesFinancial Times - 1d -
Trump backlash adds to challenges for California water policymakers
Presidential interventions increase pressure on agencies managing constrained suppliesFinancial Times - 1d -
D.C. Mayor calls out ‘$1.1 billion problem’ in House GOP stopgap plan
Washington, D.C., Mayor Muriel Bowser (D) on Monday sounded alarm over what she described as a "$1.1 billion problem" in a plan rolled out by House Republicans to keep the government funded beyond ...The Hill - Mar. 11 -
Pokemon Go Developer Set To Be Acquired By Saudi Arabia's Scopely In $3.5 Billion Deal
Saudi Arabian-owned mobile developer Scopely has announced that it'll be acquiring Niantic's video game division, paying $3.5 billion for the developer behind Pokemon Go. Also included in the ...GameSpot - Mar. 12 -
Walgreens to Be Acquired by Sycamore Partners in $10 Billion Deal
Shares of Walgreens Boots Alliance have lost about half their value in the past year, as the chain has faced pressure in its retail and pharmacy businesses.The New York Times - Mar. 7 -
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Why is Donald Trump crashing the US economy? Because he’s high on his own supply of fake news | Jonathan Freedland
Addicted to Fox News and outlets even more extreme, the president finds support and justification for actions disastrous to Americans and the world. Not content with shattering the post-1945 ...The Guardian - Mar. 14 -
Oil settles higher after latest U.S. supply data, Russia-Ukraine cease-fire on energy infrastructure
Oil futures posted a gain on Wednesday, giving up early losses after official U.S. data revealed weekly declines in petroleum-product stockpiles along with a third consecutive weekly rise in ...MarketWatch - 2d -
Climate United Sues E.P.A. Over Frozen $20 Billion
In a lawsuit, Climate United claims the E.P.A. is illegally withholding funds that have become a target of the Trump administration.The New York Times - Mar. 8 -
Africa Received Billions in U.S. Aid. Here’s What It Will Lose.
The United States spent decades responding to conflicts and disease in Africa. The continent is now expected to be the hardest hit by the Trump administration’s aid cuts.The New York Times - Mar. 9 -
In bird flu fight, USDA almost doubling the $1.1 billion already spent
As bird flu continues to spread, impacting poultry farms and the price of eggs, the Agriculture Department says it's almost doubling the amount spent to combat it.CBS News - Mar. 10 -
USDA cancels $1 billion in local meal funding for schools and food banks
The USDA said it is promoting wiser government spending, but schools say it will make it tougher to serve healthy meals.CBS News - Mar. 11 -
G.O.P. Spending Bill Would Force $1 Billion Cut to D.C. Budget
Republicans omitted a standard provision approving the District’s budget in a stopgap funding measure needed to avert a shutdown before the end of the week. The result would be a 16 percent cut.The New York Times - Mar. 11 -
Why astronaut Suni Williams runs in space: a 14-billion-year odyssey
Suni Williams' eight-day mission turned into a nine-month marathon. Now the astronaut is days away from leaving the International Space Station and returning to Earth.ESPN - Mar. 12 -
Trump Administration Claws Back $20 Billion in Climate Project Funds
After the EPA announced the move, an advocacy group sued, saying the agency broke a contract that denied eight organizations money to address climate change.Inc. - Mar. 12 -
How to protect yourself as fraud losses hit $12.5 billion in 2024
A new FTC report reveals a sharp rise in fraud losses, with 2.6 million consumers reporting scams in 2024. With financial fraud surging, CBS News business analyst Jill Schlesinger shares how to ...CBS News - Mar. 13 -
Comcast signs $3-billion deal to keep Olympics on NBC through 2036
The contract extension will allow NBCUniversal to broadcast the 2034 Olympic Games in Salt Lake City on NBC and streaming service PeacockLos Angeles Times - Mar. 13 -
Poppi Has Landed a $1.95 Billion Acquisition Deal With PepsiCo
The better-for-you soda brand was founded in 2018.Inc. - 4d -
PepsiCo to buy prebiotic brand Poppi for nearly $2 billion
PepsiCo will acquire healthier soda brand Poppi as it strives to diversify into soda and snack offerings.CBS News - 4d -
PepsiCo buys prebiotic soda brand Poppi for nearly $2 billion
Poppi's founders Allison and Stephen Ellsworth launched the brand back in 2018.CNBC - 4d -
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Alphabet Spends $32 Billion to Buy Cybersecurity Startup Wiz
If the deal for Alphabet to buy Wiz closes, it will become the company’s most expensive acquisition ever.Inc. - 3d -
Women’s Elite Sports Revenues Will Generate More Than $2.35 Billion in 2025
The latest revenue projections reflect global growth of 240 percent over four years, according to a new report.Inc. - 3d -
Google Seals $32 Billion Deal for Cyber Start-Up Wiz
The acquisition could make the Silicon Valley giant a bigger force in cybersecurity, and arrives months after an earlier round of talks collapsed.The New York Times - 3d -
UK Aims to Cut Billions in Welfare Amid Budget Crunch
Changing disability allowances is a particularly contentious move within Prime Minister Keir Starmer’s center-left Labour Party.The New York Times - 3d