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How climate change is threatening the maple syrup industry
Winter turning to spring marks the sweet season for maple syrup production. But climate change is threatening the $1.5 billion industry. David Schechter explains.CBS News - Mar. 13 -
Visa’s AI edge: How RAG-as-a-service and deep learning are strengthening security and speeding up data retrieval
Visa has reduced data retrieval from hours to mere minutes and blocked $40 billion in fraud thanks to gen AI tools.VentureBeat - Mar. 17 -
Lee Shau-Kee, Hong Kong Real Estate Tycoon, Dies at 97
Sometimes called the Warren Buffett of Hong Kong, he made his billions by initially building apartments for middle-class descendants of mainland refugees.The New York Times - Mar. 18 -
E.U. Hatches a Plan to Lure Investors Back to Europe
Each year, Europeans invest roughly $325 billion in companies and financial assets outside the region. Officials in Brussels say they have a plan to end that “capital flight.”The New York Times - Mar. 18 -
Does cutting benefits actually work?
The government has set out plans to save billions of pounds from the welfare bill - how have previous attempts to do this fared?BBC News - Mar. 18 -
Retail investors ditch buy-the-dip mentality during the market correction
Retail outflows from U.S. equities rose to about $4 billion over the past two weeks, according to data from Barclays.CNBC - Mar. 18 -
Google-Wiz deal is 'litmus test' for Trump administration's handling of Big Tech
After Google agreed to buy security software vendor Wiz for $32 billion on Tuesday, the Trump administration will get an early chance to weigh in on Big Tech.CNBC - Mar. 18 -
Musk uses immigration and claims of voter fraud to sell Social Security Administration cuts
Elon Musk has falsely claimed that undocumented immigrants are siphoning away billions of dollars worth of entitlements as part of a Democratic scheme for votes.NBC News - Mar. 19 -
Canada Announces Arctic Radar Deal With Australia Amid Trump Threats
As President Trump talks about U.S. dominance of the Arctic, Canada says it will spend billions to defend the region, including buying new radar technology from Australia.The New York Times - Mar. 19 -
Who is Bill Chisholm, the new majority owner of the Boston Celtics?
The Boston Celtics were sold Thursday to a group led by Bill Chisholm for a $6.1 billion valuation, the most ever for a North American franchise.Yahoo Sports - Mar. 20 -
NHL has met with Dan Friedkin's group about interest in bringing an expansion team to Houston
Friedkin, who has a net worth of $6.4 billion, according to Forbes, recently bought 98.8% interest in English Premier League club Everton.Yahoo Sports - Mar. 21 -
Why startups and tech giants are racing to build a practical quantum computer
Amazon, IBM, Google, Intel and Microsoft are all working on quantum technology. Governments around the world have also invested over $55 billion in the tech.CNBC - Mar. 21 -
Accenture Confirms Revenue Drop as DOGE Reviews Consulting Contracts
Elon Musk’s offensive against federal spending is clawing back some of the $65 billion in consulting contracts, some of the most prominent private sector companies to be affected.Inc. - Mar. 21 -
3/21: CBS Mornings Plus
President Trump has issued an executive order to begin the process of dismantling the U.S. Department of Education. Also, will fans pay the price as the Celtics sell for billions?CBS News - 6d -
23andMe files for bankruptcy as co-founder Anne Wojcicki resigns as CEO
Embattled genetic testing company 23andMe, once valued at $6 billion, filed for Chapter 11 bankruptcy protection in Missouri federal court on Sunday night.NBC News - 4d -
Mar 18: CBS News 24/7, 1pm ET
Trump and Putin hold high-stakes phone call as fighting continues in Ukraine; Google strikes $32 billion deal to buy cybersecurity firm Wiz.CBS News - 2d -
Trump administration revokes state and local health funding
The Department of Health and Human Services is canceling tens of billions of dollars in federal grants that state and local health departments were using to track infectious diseases, health ...The Hill - 1d -
G.O.P.’s Push to Cut Federal Spending Places New York Budget in Limbo
State leaders no longer expect to get the $91 billion in federal aid they originally anticipated, but exactly how much they will get remains unknown as they try to pass a budget.The New York Times - 1d -
GameStop shares drop 22% after the retailer issues debt to buy bitcoin
The latest sell-off came after the video game chain announced plans to raise $1.3 billion through the sale of convertible senior notes to purchase bitcoin.CNBC - 1d -
Trump administration's funding, staff cuts spark concerns over Colorado River
Federal funding freezes and staffing cuts are setting off alarms about the future of the Colorado River, a critical artery that supplies water to some 40 million people in 30 tribes and seven ...The Hill - Mar. 9 -
Israel says it will cut off electricity to Gaza Strip
Israel said Sunday that it would be cutting off its electricity supply to Gaza. Israeli Energy Minister Eli Cohen said he signed an order that would shut off electricity to Gaza “immediately.” ...The Hill - Mar. 9 -
Trump adding copper to trade protections, Commerce secretary says
Commerce Secretary Howard Lutnick said President Trump plans to introduce steep tariffs on copper imports after he directed Cabinet officials to investigate the country’s ability to rely on its ...The Hill - Mar. 12 -
Oil prices end higher as a rise in gasoline demand helps ease economic growth fears
Oil futures settled higher Wednesday, finding support from overall weakness in U.S. dollar, as well as data from the Energy Information Administration showing a notable weekly rise in gasoline ...MarketWatch - Mar. 12 -
Bannon: DOGE 'waste, fraud, abuse’ cuts not enough to curb inflation
Steve Bannon said the Department of Government Efficiency (DOGE) should adjust their goal of cutting trillions of dollars in federal waste and lower the proposed amount to the billion dollar ...The Hill - Mar. 8 -
Karl Rove: Trump claims of DOGE 'fraud' discoveries will backfire
Republican strategist Karl Rove said President Trump’s claims that the Department of Government Efficiency (DOGE) has discovered “hundreds of billions” in government “fraud” will backfire when ...The Hill - Mar. 10 -
Tesla’s stock has lost its ‘Trump bump.’ Here’s the latest bad news.
Tesla’s stock is sinking after another month of bad China sales. Elon Musk has now lost about $7 billion in his stake since the election.MarketWatch - Mar. 11 -
SpaceX rocket carrying NASA's newest space telescope launches from California
The $488 million Spherex mission aims to explain how galaxies formed and evolved over billions of years, and how the universe expanded so fast in its first moments.CBS News - Mar. 11 -
Trump, Musk fuel fears of Social Security cuts with 'fraud' talk
President Trump and his billionaire adviser Elon Musk are ratcheting up false rhetoric about Social Security, repeatedly claiming the program wastes hundreds of billions of dollars in fraudulent ...The Hill - Mar. 12 -
Independent government oversight is dying
The more than 45 years of bipartisan support for independent oversight — oversight that has demonstrably improved government services and saved billions of taxpayer dollars — may be coming to an end.The Hill - Mar. 12 -
President Trump defends economic policies as EU announces retaliation against U.S. tariffs
The European Union announced retaliatory measures on about $28 billion in U.S. industrial and agricultural goods in response to President Trump's 25% increase in tariffs on steel and aluminum ...CBS News - Mar. 12 -
Canada will level $20B in tariffs in response to Trump moves on steel, aluminum
Canada is expected to impose $20.7 billion in retaliatory tariffs after President Trump decided to enforce a 25 percent tariff on steel and aluminum, which went into effect Wednesday. ...The Hill - Mar. 12 -
Trump administration halting $1B affordable housing preservation program: Report
The Department of Housing and Urban Development (HUD) has terminated its $1 billion Green and Resilient Retrofit Program, which funds renovation projects at affordable housing units across the ...The Hill - Mar. 12 -
Tips to prevent Social Security overpayments
Social Security overpays its recipients by billions of dollars every year — and then asks for the money back. Here are some ways experts say you can reduce the chances of it happening to you.CBS News - Mar. 12 -
Mallinckrodt and Endo plan merger as they look to recover from opioid litigation
The new entity will be listed on the New York Stock Exchange and is expected to generate pro forma revenue of $3.6 billion in 2025 and at least $150 million of annual operating synergies by year ...MarketWatch - Mar. 13 -
Trump's trade war escalates with international tit-for-tat
The European Union is hitting back at President Donald Trump’s new levy on all foreign aluminum and steel by announcing retaliatory tariffs on American products worth billions of dollars. President ...NBC News - Mar. 13 -
Get out, get back, get real: What inspectors general should learn from DOGE
DOGE, created with a focus on efficiency and waste reduction, has identified $105 billion in taxpayer savings, and IGs should consider reforming their practices to include separate headquarters and ...The Hill - Mar. 13 -
Rocket-Redfin deal could make home buying more convenient — and more expensive
One of the biggest mortgage lenders in the U.S. said it would pay $1.75 billion to buy a well-known real-estate brokerage. The deal, once it goes through, could have major consequences for millions ...MarketWatch - Mar. 13 -
NBC and IOC sign $3B Olympic media rights deal through 2036 including Salt Lake City Winter Games
The IOC has signed a $3 billion deal with its long-time United States broadcast partner NBC for the 2034 Salt Lake City Olympics and the 2036 Summer GamesABC News - Mar. 13 -
Trump’s Tariff Threat Sends French Wine and Champagne Makers Reeling
Industry representatives warned that a 200 percent tax on European wines and spirits would halt shipments to the United States and wipe €4 billion off France’s trade balance.The New York Times - Mar. 13 -
Orlando has an owner ready to buy Tampa Bay Rays after they back out of St. Pete stadium deal
In the wake of the Tampa Bay Rays announcing Thursday that they are backing out of a proposed $1.3 billion stadium deal in St. Petersburg, the Orlando Dreamers — a group of investors trying to ...Yahoo Sports - Mar. 14