Latest in Blackrock Billion Deal
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CBS must defend our free press, not settle Trump's $20 billion lawsuit
CBS has some figuring out to do with regards to free expression.The Hill - Feb. 26 -
Trump praises Doge in first cabinet meeting and claims ‘billions’ in savings without evidence – live
Elon Musk attends first cabinet meeting of Trump’s second term amid chaos and confusion caused by his efforts to cull the federal government workforce. Trump’s first full cabinet meeting ...The Guardian - Feb. 26 -
VA pauses billions in cuts lauded by Musk as lawmakers and veterans decry loss of critical care
The Department of Veterans Affairs has temporarily suspended billions of dollars in contract cuts after an uproar that critical veterans health services were harmed, lawmakers and veterans service ...ABC News - Feb. 26 -
CFPB moves to drop suit accusing Capital One of cheating customers out of $2 billion
The Consumer Financial Protection Bureau is moving to drop a suit against Capital One brought during the Biden administration just last month that accused the bank of cheating customers out of a ...NBC News - 6d -
ICE signs $1 billion contract with private firm for New Jersey detention center
The U.S. Immigration and Customs Enforcement (ICE) said Wednesday it would reopen a 1,000-bed New Jersey detention center after signing a $1 billion contract with a private global lender. ICE will ...The Hill - 6d -
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Index funds saved billions in fees. Now the industry wants its money back.
Innovations may be a costly trapFinancial Times - 6d -
Trump tariffs will hit over $200 billion in U.S.-Canada-Mexico cross-border rail trade
Over $200 billion in trade is carried by freight rails between the US, Canada and Mexico, with auto parts, oil, lumber, ag, and chemicals linking the economies.CNBC - 5d -
How a $5 million fix turned Paramount Pictures' 'Sonic' into a billion-dollar franchise
Paramount Picture's redesign of the titular character in its "Sonic the Hedgehog" film has resulted in a $1.2 billion franchise five years later.CNBC - 5d -
With $1 billion in salary IOUs, the Dodgers spark new questions about MLB's fairness
The Los Angeles Dodgers' unprecedented deferral of over $1 billion in active player contracts has sparked controversy among MLB fans concerned about fair play.CNBC - 5d -
U.K.'s Keir Starmer pledges $2 billion to help Ukraine buy missiles
European leaders were meeting in London on Saturday hoping shore up support for Ukrainian President Volodymyr Zelenskyy after President Donald Trump berated him live on television, calling into ...NBC News - 3d -
China's Honor pledges $10 billion AI investment and deepens ties with Google in global push
Honor is looking to expand outside of China and push into the higher-end part of the market where Apple and Samsung play.CNBC - 3d -
Amazon-backed AI firm Anthropic valued at $61.5 billion after latest round
Anthropic on Monday closed its latest funding round at a $61.5 billion post-money valuation, the company confirmed to CNBC.CNBC - 2d -
How a $5 million fix turned Paramount Pictures' 'Sonic' into a billion-dollar franchise
Sonic the Hedgehog may be able to run faster than the speed of light, but his film franchise nearly came to a screaming halt in 2019.NBC News - 2d -
Trump announces $100 billion investment in U.S. from TSMC, calls it 'most powerful company' in world
President Donald Trump announced a $100 billion investment from Taiwan Semiconductor Manufacturing to boost U.S. chip building.CNBC - 2d -
TSMC, the Chip Giant, Is to Spend $100 Billion in U.S. Over the Next 4 Years
The investment plan, announced at the White House, was made as the Trump administration pushes to bring chip making back to the United States.The New York Times - 2d -
Trump announces $100 billion investment in U.S. from TSMC, calling it ‘most powerful company’ in world
Taiwan Semiconductor Manufacturing will pour $100 billion into bolstering chip manufacturing in the U.S., President Donald Trump announced Monday.NBC News - 2d -
EU chief proposes plan to 'urgently' increase defense spending by mobilizing around $840 billion
"Europe is ready to massively boost its defense spending," European Commission President Ursula von der Leyen said Tuesday.CNBC - 2d -
'Music to our ears': Qualcomm CEO welcomes TSMC's $100 billion investment to boost U.S. chipmaking
Cristiano Amon, CEO of Qualcomm, said TSMC's investment in U.S. chip manufacturing will be important for the economy.CNBC - 1d -
Target to expand online marketplace, boost product assortment as it aims for $15 billion in sales growth by 2030
Target hosted an investor day in New York City and outlined its plans to grow over the next five years after issuing fiscal 2024 fourth quarter earnings.CNBC - 1d -
Some Green Groups Are Running Out of Cash After Trump Freezes $20 Billion
The Justice Department and F.B.I. are investigating $20 billion in climate funds, despite a top prosecutor’s decision that there was not sufficient evidence of wrongdoing.The New York Times - 1d -
Supreme Court denies Trump administration request to cancel $2 billion in foreign aid
The Supreme Court in a 5-4 emergency ruling Wednesday refused to halt a judge’s decision ordering the Trump administration to immediately release nearly $2 billion in foreign aid payments owed ...The Hill - 23h -
Supreme Court won't lift lower court order unfreezing $2 billion in foreign aid
The Supreme Court split 5-4 in denying the request from the Trump administration.CBS News - 23h -
'Obstacles' in Egypt's $53 billion plan to rebuild Gaza, install Palestinian Authority control
The plan has come under fire for omitting key answers on issues like governance, the future of Hamas, and funding.CNBC - 6h -
Why fear of billion-dollar lawsuits stops countries phasing out fossil fuels
Companies can sue governments for closing oilfields and mines – and the risk of huge damages is already stopping countries from passing green laws, ministers say. Revealed: how Wall Street is ...The Guardian - 4h -
Swiss Re expects L.A. wildfires to cost the global insurance industry $40 billion, making them the costliest U.S. fires ever
Swiss Re said that its losses from the Los Angeles wildfires would come in under $700 million and that it had no plans to “pull back” from California.MarketWatch - 6d -
PGA Tour and LIV Golf Look for Merger Deal Under Trump
A tie-up involving the tour and LIV Golf was stalled under President Biden. They’re aiming to forge a new agreement under President Trump.The New York Times - Feb. 19 -
Why President Trump is pursuing a 'sledgehammer' approach with tariffs and global trade deals
President Donald Trump's aggressive tariff plans covering many key economic allies and trading partners of the U.S. has support by the numbers.CNBC - Feb. 20 -
Ukraine should 'tone it down,' sign Trump mineral deal, Waltz says
National Security Adviser Mike Waltz said Thursday that officials in Kyiv "need to tone it down" after a fierce back and forth Trump and Zelenskyy.ABC News - Feb. 20 -
Listen: The Ukraine War - How Far Away Is A Peace Deal?
Newscast x Americast x UkrainecastBBC News - Feb. 21 -
ESPN says it will end MLB broadcasts after striking out on deal
ESPN will likely hang up its baseball mitts after 36 seasons. The cable sports giant failed to renegotiate contract terms with the league.Yahoo Sports - Feb. 21 -
ESPN says it will end MLB broadcasts after striking out on deal
ESPN will likely hang up its baseball mitt after 36 seasons. The cable sports giant failed to renegotiate contract terms with the league.Los Angeles Times - Feb. 21 -
Court Approves $795 Million Debt Deal for Spirit Airlines
A U.S. Bankruptcy Judge approved the Spirit Airlines’ restructuring proposal.Inc. - Feb. 20 -
Mexico’s Sheinbaum wins plaudits for cool head in dealings with Trump
President, under pressure over tariffs and border, has held firm and avoided direct clashes with erratic counterpart. As Donald Trump swings his sights from one region to the next, upturning ...The Guardian - Feb. 21 -
Amazon MGM gets creative control of James Bond franchise in new deal
Amazon MGM Studios and longtime Bond custodians Michael G. Wilson and Barbara Broccoli formed a new joint venture in which they will co-own James Bond intellectual property rights.CBS News - Feb. 21 -
Ukraine working on new potential deal with US over mineral resources: Sources
A U.S. official with knowledge of the negotiations said a new version of the deal between the two countries has been put on the table.ABC News - Feb. 21 -
Starmer to tell Trump that UK’s Chagos deal will avoid tensions with China
PM to claim if US rejects Mauritius’s claim to own the islands, Beijing will be drawn into the regional dispute. Keir Starmer is to urge Donald Trump to recognise that a US rejection of Mauritius’s ...The Guardian - Feb. 21