Latest in Billions Welfare Spending
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Clean energy spending boosts GOP districts. But lawmakers are keeping quiet as Trump targets incentives
We asked 18 Republicans whose districts benefit most from Biden’s IRA climate law if they back Trump’s demands. Billions of dollars in clean energy spending and jobs have overwhelmingly flowed to ...The Guardian - 1d -
How Much Does America Spend?
We explore what federal government spends its money on.The New York Times - 1d -
Alphabet to buy cybersecurity startup Wiz for $32 billion
Google owner Alphabet has agreed to buy cybersecurity startup Wiz for $32 billionABC News - Mar. 18 -
Levy says Spurs spending must be 'smart and sustainable'
Tottenham chairman Daniel Levy says the club's transfer spending must be "sustainable" and "smart" after a fall in revenue in their latest financial results.BBC News - 1d -
Germany’s spending push drives up borrowing costs across Eurozone
Investors warn that higher bond yields could make it harder for members of the bloc to increase defence spendingFinancial Times - 2d -
Ashton Hall’s Unconventional Morning Routine Has Drawn Nearly a Billion Views
Ashton Hall’s unconventional morning routine has drawn close to a billion views, and scores of copycat videos.The New York Times - Mar. 25 -
Musk’s xAI Buys Social Media Platform X for $45 Billion
Elon Musk said on X that ‘xAI and X’s futures are intertwined.’ He bought Twitter for $44 billion in 2022.Inc. - 4d -
To Secure $40 Billion, OpenAI Must Complete For-Profit Transition by End-Year
SoftBank can reduce funding to $20 billion if OpenAI fails to fully transition by the deadline.Inc. - 3d -
Eight Watch Brands Now Sell $1 Billion a Year
There now are eight brands selling more than $1 billion each year. Experts say it means big brands are getting bigger and their products are getting pricier.The New York Times - 1d -
Wisconsin Supreme Court race passes $90 million in spending: Nonprofit law institute
Spending in the Wisconsin Supreme Court election has passed $90 million as of Monday, according to a tally by the Brennan Center for Justice.ABC News - 1d -
OpenAI funding round could be cut by $10 billion if for-profit conversion doesn't occur by year-end
If OpenAI doesn't restructure into an independent for-profit company by Dec. 31, its mega-financing round could be slashed by $10 billion.CNBC - 1d -
OpenAI closes $40 billion funding round, largest private tech deal on record
OpenAI on Monday announced the close of its $40 billion financing, the most money raised in a single round by a private tech company.CNBC - 18h -
Gartner forecasts gen AI spending to hit $644B in 2025: What it means for enterprise IT leaders
Gartner forecasts large growth in global AI spending as enterprises shift focus to commercial tools away from custom projects that often fail.VentureBeat - 1d -
DOGE Was Created to Save the Government Money. It May End Up Costing Billions Instead
DOGE reports it has saved $130 billion, but between lost tax income and severance costs, the unit may wind up costing the U.S.Inc. - 3d -
Red flags raised as exhausted England stars on course to break agreed match limit... again
Leading England players are exasperated that player welfare guidelines will be broken for a second season running, Telegraph Sport understands.Yahoo Sports - 1d -
The enduring pay gap for disabled people
Ministers say welfare cuts will help more benefit claimants into employment — but work doesn’t always reward everyone fairlyFinancial Times - 18h -
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 - Mar. 19 -
US gives initial approval for Qatar to purchase MQ-9 armed drones for nearly $2 billion
The United States has given an initial approval for the energy-rich Mideast nation of Qatar to buy eight armed MQ-9B Predator drones for its military, an estimated purchase worth nearly $2 billionABC News - 5d -
Elon Musk sells X to his own xAI for $33 billion in all-stock deal
Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on FridayABC News - 4d -
The NHL and Rogers agree on 12-year, $7.7 US billion media rights deal in Canada, AP source says
The NHL has reached an agreement with Rogers Communications on a 12-year, $7.7 US billion media rights agreement in Canada, according to a person familiar with the deal. The contract is the latest ...Yahoo Sports - 1d -
Portugal cautious on joining Europe’s defence spending splurge
Finance minister says Lisbon will not let rearmament costs threaten budget surplus secured after years of austerityFinancial Times - 2d -
Mikel Arteta: Arsenal are ready to spend big this summer
Mikel Arteta has warned Arsenal’s rivals that the club has long been planning for this summer’s transfer window to be “a big one”, as he revealed his “excitement” at the prospect of strengthening ...Yahoo Sports - 1d -
Consulting firms offer concessions in Trump spending clampdown
Companies including Accenture and Deloitte identify at least $15bn worth of potential cutsFinancial Times - 1d -
Roma spend €17 million in agent commissions
Roma are struggling with UEFA’s financial constraints, imposed by the settlement agreement. The Giallorossi are forced to reduce costs and increase revenues, a situation that will also affect the ...Yahoo Sports - 1h -
OpenAI Closes Deal That Values Company at $300 Billion
The start-up’s valuation, which has nearly doubled in six months, shows continued enthusiasm for A.I. among investors.The New York Times - 1d -
Trump Administration Will Review Billions in Funding for Harvard
The move follows the cancellation of roughly $400 million in funding for Columbia and the suspension of $175 million for the University of Pennsylvania.The New York Times - 20h -
Russell Vought, Trump’s Budget Chief, Wants to Cut ‘Woke’ Spending
Russell T. Vought, leader of the Office of Management and Budget, aims to marry extreme austerity with his Christian values.The New York Times - 4d -
Declining Eid travel and spending in Indonesia and discrimination in India dampen holiday spirit
The usual festive mood of Eid al-Fitr holiday to mark the end of the Islamic holy month of Ramadan has been subdued in Indonesia this year as people grapple with soaring prices for food, clothing ...ABC News - 2d -
Musk-funded group spends big in Wisconsin Supreme Court race
Elon Musk and his political operatives have tried to shape the closely watched Wisconsin Supreme Court race in ways that are not immediately obvious but could be critical to Tuesday’s outcomeABC News - 1d -
How much do Masters participants spend in the merchandise shop at Augusta National?
It's a fan's dream, to wander the aisles at the Masters merchandise building. But what about the players?Yahoo Sports - 1d -
Jordan presses for language clamping down on judges to be added to spending bills
House Judiciary Chair Jim Jordan (R-Ohio) encouraged congressional appropriators to include language to “enhance judicial restraint” as the party contemplates bills to limit nationwide injunctions ...The Hill - 18h -
Federal Health Workers Make Up Less Than 1% of Agency Spending
Health Secretary Robert F. Kennedy Jr. suggests that laying off thousands of federal workers would tame a massive budget. But nearly all of the agency’s money goes to hospitals, doctors and nursing ...The New York Times - 14h -
Why Europe’s smaller defence players fear missing out on spending spree
Also in this newsletter: Netanyahu’s Budapest visit defies International Criminal CourtFinancial Times - 3h -
Trump Administration Abruptly Cuts Billions From State Health Services
States have been told that they can no longer use grants that were funding infectious disease management and addiction services.The New York Times - 6d -
SpaceX Faces Fresh Competition for $5.6 Billion in Government Contracts
Rocket Lab and startup Stoke Space were selected to compete for Department of Defense contracts through 2029.Inc. - 4d -
Real Estate Fund Exceeds $2.5 Billion for Affordable Housing
The size of the fund, which is run by the Vistria Group, highlights how investors see an opportunity to address the nation’s housing crisis.The New York Times - 1d -
A Quarter-Billion Dollars for Defamation: Inside Greenpeace’s Huge Loss
A pipeline company’s lawsuit against the environmental group could chill free speech, experts said. First Amendment issues are likely to figure prominently in an appeal.The New York Times - 1d -
Professors Pushed Harvard to Resist Trump. Now Billions Are on the Line.
Harvard, the wealthiest school in the world, sought compromise amid pressure to do more to combat antisemitism. The Trump administration is examining its funding anyway.The New York Times - 15h
