Latest in Billions Won’t
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Albertsons is now suing Kroger for billions. That won’t help it find another buyer, analysts say.
Grocery-store giant Albertsons Cos. said Wednesday that it is walking away from its merger with rival Kroger Co., a day after two judges blocked it.MarketWatch - 6h -
Rape allegation against Jay-Z won’t impact NFL's relationship with music mogul, Goodell says
NFL Commissioner Roger Goodell says a rape allegation against rapper Jay-Z won’t impact the NFL's relationship with the music mogulABC News - 8h -
Supreme Court Won’t Decide Nvidia Securities Fraud Case After All
In an unsigned order, the justices dismissed the case against the tech giant as “improvidently granted,” meaning they had concluded that it had been a mistake to take it up.The New York Times - 16h -
Zalando to Bid $1.3 Billion for About You
Zalando plans to submit an offer to buy About You in a move to expand its offering in the European e-commerce fashion market.The Wall Street Journal - 23h -
Rape allegation against Jay-Z won’t impact NFL's relationship with music mogul, Goodell says
NFL Commissioner Roger Goodell says a rape allegation against rapper Jay-Z won’t impact the NFL's relationship with the music mogulABC News - 8h -
Tech CEOs: Business as usual won’t work with the Trump administration
Tech CEOs should be calling for Trump to exercise prudence and moderation as he returns to power.The Hill - 13h -
Bolton: Senators ‘won’t escape history’s judgment’ if they vote to confirm Patel to FBI
John Bolton, President-elect Trump’s former national security adviser, is warning that Republican senators will be judged harshly by history if they confirm Kash Patel as the next FBI director. ...The Hill - 15h -
GOP senators say they won’t fight Trump on Jan. 6 pardons
Republican senators who witnessed firsthand the Jan. 6, 2021, ransacking of congressional offices now say it’s up to President-elect Trump whether to pardon those protesters convicted of federal ...The Hill - 20h -
These Nuns Were Excommunicated but Won’t Leave Their Convents
The Poor Clares of Belorado, in northern Spain, are digging in their heels in a battle of wills over real estate with the Catholic Church.The New York Times - 1d -
Trump Says He Won’t Try to Fire Jay Powell as Fed Chair
The president-elect said he would not try to replace the Federal Reserve chair, but would seek to cut immigration, impose tariffs and more.The New York Times - 2d -
Arthur J. Gallagher to Acquire AssuredPartners for $13.45 Billion
Arthur J. Gallagher said that buying the insurance broker would expand its retail middle-market property and casualty focus across the U.S.The Wall Street Journal - 2d -
Hot Inflation Won’t Derail the Stock Market’s Record Year
November CPI is seen rebounding to its highest level since July but the Fed is still seen cutting rates this month.Inc. - 2d -
Trump Says He Can’t Promise Tariffs Won’t Raise Consumer Prices
President-elect Donald Trump said in an interview that he wouldn’t make promises about the impact of his tariffs.Inc. - 3d -
Returns are an $890 billion problem for retailers
Holiday shopping is expected to reach record levels this year.NBC News - 3d -
Trump says he won’t direct FBI to investigate enemies but Patel will do ‘what he thinks is right’
President-elect Donald Trump says he will not direct Pam Bondi or Kash Patel to go after President Joe Biden or Jack Smith, but it’s their decision.NBC News - 3d -
Playing political footsie with Trump 2.0 won’t cut it for Europe. It’s time to get tough | Simon Tisdall
The world must prepare for a US president who will be even more chaotic and less open to diplomacy and compromise than before. Sucking up to Donald Trump is the order of the day as the European ...The Guardian - 4d -
Retail returns: An $890 billion problem
As shopping reaches a peak in the weeks ahead, retailers expect their return rate for the holidays to be 17% higher, on average, than the annual rate.CNBC - 4d -
The Kennedy Center’s Chairman Won’t Depart After All
As the nation’s capital prepares for a second Trump administration, the performing arts center announced that its chairman would not step down in January as planned.The New York Times - 5d -
The A’s Near Agreement for $1.75 Billion Las Vegas Stadium
A groundbreaking on the new A’s stadium is likely by the 2028 season.Inc. - 6d -
Emmanuel Macron Says He Won’t Resign France’s Presidency
A day after his chosen prime minister was forced to resign, President Emmanuel Macron denounced his political opponents.The New York Times - 6d -
Ending Trump’s 2017 Tax Cuts Won’t Effect GDP, Budget Office Finds
Key provisions of the returning president’s 2017 Tax Cuts and Jobs Act will expire next year if Republicans don’t renew them.Inc. - 6d -
Trump Tax Cuts Won’t Help the Economy Grow, Budget Office Finds
A larger debt and higher interest rates would cancel out the boost from keeping individual taxes lower, the nonpartisan Congressional Budget Office found.The New York Times - Dec. 4 -
OpenAI CEO Sam Altman Says Elon Musk Won’t Abuse New Friendship With Trump
AI leader Altman said today that he thinks ‘Elon will do the right thing’ when it comes to the Trump connectionInc. - Dec. 4 -
G.M.’s Ailing China Business Will Deal It a $5 Billion Blow
General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric and hybrid cars have taken off.The New York Times - Dec. 4 -
Billion-dollar future: Dodgers deferred pay at $1B
New contracts for Blake Snell and Tommy Edman increased the Dodgers' obligations for deferred payments to more than $1 billion owed to seven players from 2028-46.ESPN - Dec. 3 -
AT&T plans to plow $20 billion into buybacks in signal of business turnaround
AT&T’s stock is rising as the company will bring back share repurchases alongside an expected $20 billion-plus in continued dividend commitments over the next three years.MarketWatch - Dec. 3 -
SpaceX’s $350 billion private valuation signals an IPO is off the table for now
Elon Musk’s space business is part of a trend of companies staying private, as its private-market valuation jumps by more than $100 billion with a proposed sale of shares.MarketWatch - Dec. 3 -
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Death sentence upheld for tycoon — unless she pays $9 billion
Truong My Lan was convicted of swindling money from Saigon Commercial Bank (SCB) and sentenced to death for fraud totaling $27 billion.CBS News - Dec. 3 -
BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion
The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.CNBC - Dec. 3 -
ServiceTitan’s planned IPO could come with a more than $5 billion valuation
The Glendale, Calif.-based company could raise up to $500 million in its initial public offering.MarketWatch - Dec. 3 -
Microsoft Faces $1.3 Billion Antitrust Lawsuit Over Cloud Services in U.K.
Microsoft faces a dispute in the U.K. over how it charges customers who buy cloud software services that rival its own Azure, the latest antitrust challenge to the U.S. tech giant’s approach to ...The Wall Street Journal - Dec. 3 -
The Lebanon ceasefire alone won’t bring regional peace. The Gaza war must end | Mohamad Bazzi
Biden could have achieved a ceasefire in Gaza months ago if he had truly applied pressure on Benjamin Netanyahu. Joe Biden stood in the White House Rose Garden last week to announce a ceasefire ...The Guardian - Dec. 3 -
Real estate tycoon must pay $9 billion to avoid execution in Vietnam
A court in Vietnam upheld a death sentence for real estate tycoon Truong My Lan, rejecting her appeal in a $12 billion embezzlement and bribery case.NBC News - Dec. 3 -
Vietnamese tycoon faces scramble to raise billions to avoid death sentence
Truong My Lan must repay three-quarters of $12bn she embezzled from bank in a case that shocked the country. The Vietnamese property tycoon Truong My Lan has lost her appeal against the death ...The Guardian - Dec. 3 -
Sanofi to Invest $1 Billion in New Insulin Manufacturing Base in China
The new base, which will be located in Yizhuang, Beijing, marks Sanofi’s second production site in the capital and its fourth in the country.The Wall Street Journal - Dec. 3 -
Americans expected to spend $13 billion total on Cyber Monday deals
Consumers are focusing on finding deals on Cyber Monday and American spending is expected to rise compared to 2023. CBS MoneyWatch correspondent Kelly O'Grady breaks down the spending trends for 2024.CBS News - Dec. 2 -
Intel’s next CEO faces ‘deadweight’ that won’t be easy to lift
Pat Gelsinger bet his legacy on returning Intel to manufacturing greatness. That puts his successor in a tough spot.MarketWatch - Dec. 2
