Latest in Buffett Accumulates Billion
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Boeing’s bonds signal view that company has bought time with credit-raters to avoid slide to junk
Boeing Co., under pressure to boost liquidity, filed a $25 billion shelf registration Tuesday to offer equity or debt over the next three years and announced a new credit agreement with lenders.Business - MarketWatch - October 16 -
Boeing to raise as much as $25 billion to shore up balance sheet
The equity or debt raise of up to $25 billion would be over three years Boeing said.Business - CNBC - October 16 -
Boeing Seeks to Line Up Billions in Financing as Strike Goes On
The aerospace giant said it could raise as much as $25 billion in debt or equity over the next three years, including a $10 billion line of credit.Business - The New York Times - October 15 -
Boeing to Sell at Least $10 Billion in Shares to Plug Cash Drain
The jet maker moves to raise much needed cash and secures a new credit line amid paralyzing machinist strike.Business - The Wall Street Journal - October 15 -
With $32 Billion in Aid, Native Americans Push Against History of Neglect
A pandemic relief bill set aside long-term funds for tribal lands that have lacked the tax revenue, and infrastructure, to spur businesses and wealth.Business - The New York Times - October 15 -
Trump Media’s Stock Price Soars, Adding $2 Billion to Trump’s Stake
The sharp rise in the share price of the parent of Truth Social has added about $2 billion to the net worth of former President Donald J. Trump.Business - The New York Times - October 15 -
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Boeing to raise as much as $25 billion to shore up balance sheet
Boeing said Tuesday that it could raise as much as $25 billion in shares or debt over three years, a move to increase liquidity as the troubled manufacturer faces a more than monthlong machinist ...Top stories - NBC News - October 15 -
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Hurricane Milton’s insured losses could reach $50 billion, says Verisk
Data and technology company Verisk Analytics Inc. VRSK said Wednesday it estimates the insured losses to onshore property from Hurricane Milton could range from $30 billion to $50 billion.Business - MarketWatch - October 16 -
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Federal Government Approves $1.8 Billion in Hurricane Recovery Funds
After two major storms, the Biden administration has set nearly $2 billion in hurricane recovery funds.Business - Inc. - October 16 -
Helene, Milton losses expected to surpass "truly historic" $50 billion each
Hurricanes Helene and Milton caused so much complex havoc that damages totals are likely join the infamous ranks of Katrina, Sandy and Harvey as super costly $50-billion-plus killers, experts say.Top stories - CBS News - October 17 -
Lucid stock tumbles following public offering to raise $1.67 billion
Lucid intends to use the proceeds "for general corporate purposes, which may include, among other things, capital expenditures and working capital."Business - CNBC - October 17 -
U.S. forgives $4.5 billion in student debt for 60,000 public employees
The Biden administration's latest round of relief should have borrowers learning of their canceled debt in coming weeks.Top stories - CBS News - October 17 -
Treasury Department now using AI to save taxpayers billions
The latest benefit from the artificial intelligence revolution: saving American taxpayers billions of dollars.Top stories - NBC News - October 17 -
Boeing Has a $15 Billion Plan to Weather Company Turbulence
The planemaker wants to sell shares and a convertible bond to shore up its shaky finances.Business - Inc. - October 17 -
Treasury Department uses AI to recover $1 billion in fraud
The Treasury Department is taking advantage of artificial intelligence (AI) to prevent or recover check fraud and stopped more than $1 billion in fraudulent payments over the past year, the agency ...Politics - The Hill - October 17 -
Trump's plan to deport millions of immigrants would cost billions
Former President Donald Trump is doubling down on his promise to carry out the largest mass deportation effort in American history.Top stories - CBS News - October 17 -
Intel seeks billions for minority stake in Altera business, sources say
This move that would represent a sharp about-face from its earlier public messaging about the larger company's prospects.Business - CNBC - October 18 -
Intrum seeks U.S. bankruptcy protection to restructure $4.7 billion net debt
Intrum, Europe's biggest debt collector, said on Friday it will file for voluntary Chapter 11 bankruptcy protection in the United States as it seeks to restructure its own finances. The company ...Sports - Yahoo Sports - October 18 -
Biden administration announces $2 billion in funds to strengthen electric grid
The Biden administration on Friday announced $2 billion in funding for projects to strengthen the resilience of the U.S. grid against extreme weather, an increasing concern following two ...Politics - The Hill - October 18
