Latest in Capital Billion
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Damage Estimates for Helene and Milton Pass $100 Billion
Each hurricane is likely to be a $50 billion disaster, joining the ranks of the most costly U.S. storms.Business - Inc. - October 17 -
Biden Cancels Another $4.5 Billion in Student Debt
The executive decision will help 60,000 borrowers, bringing the total number of public service workers getting loan forgiveness to more than 1 million.Business - Inc. - October 17 -
The hidden billions Argentines hold in undeclared savings
Decades of distrust of the country’s currency has resulted in a ‘dollars under the mattress’ cultureWorld - Financial Times - October 23 -
Why Meta and Snap are spending billions on AR glasses
Meta CEO Mark Zuckerberg and Snap CEO Evan Spiegel are betting big that augmented-reality glasses will replace the smartphone.Business - CNBC - October 24 -
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Waymo Raises $5.6 Billion From Outside Investors
Alphabet’s driverless car unit now has vehicles operating in San Francisco, Phoenix and Los Angeles.Business - The New York Times - October 28 -
Biden announces $3 billion investment in U.S. ports
President Biden announced a $3 billion investment to reinvigorate ports across the U.S. Mr. Biden spoke from the Port of Baltimore, not far from the site of the Francis Scott Key Bridge collapse.Top stories - CBS News - October 29 -
Alphabet Revenue Jumps 15% to $88.3 Billion
The tech giant’s 34 percent increase in quarterly profit topped Wall Street expectations, driven by its advertising and cloud businesses.Tech - The New York Times - October 29 -
UEFA pledges $1 billion to grow women's soccer
UEFA pledged Wednesday to steer €1 billion ($1.08 billion) toward all levels of women's soccer over the next six years as part of a comprehensive strategy to grow the game in Europe.Sports - ESPN - October 30 -
Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion
The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.Tech - The New York Times - October 30 -
Siemens to Buy Altair in $10.6 Billion Equity Deal
The German industrial giant is acquiring software and technology company Altair, a deal that will increase Siemens’s digital business revenue.Business - The Wall Street Journal - October 30 -
Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit
The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.Business - The New York Times - October 31 -
Kroger Finalizes $1.37 Billion Opioid Crisis Settlement
Kroger finalized a $1.37 billion settlement in connection with the grocery chain’s role in the U.S. opioid crisis, Nevada Attorney General Aaron Ford said.Business - The Wall Street Journal - November 4 -
U.K. government cuts NatWest stake by £1 billion
The British government on Monday said it further trimmed its crisis-era investment in U.K. bank NatWest.Business - MarketWatch - Yesterday -
Rivian, Volkswagen joint venture is upsized to $5.8 billion
Rivian Automotive Inc. and Volkswagen Group have launched their upsized joint venture, vowing to join forces to create “cutting edge” EV technology.Business - MarketWatch - 49 minutes ago -
North Korea has accused Seoul of flying drones over its capital – what is going on?
Pyongyang has reacted to an apparent flyover with furious rhetoric, ordering artillery units at its border with South Korea to ‘get fully ready to open fire’. What happened and how worrying is it?. ...World - The Guardian - October 14 -
Capitals end the Golden Knights' season-opening winning streak at 3 with a 4-2 victory
Alex Ovechkin had two assists as the Washington Capitals ended the Vegas Golden Knights' season-opening winning streak at three with a 4-2 victorySports - ABC News - October 15 -
The world’s second Sphere will be built in the UAE capital after the first opened in Las Vegas
The world’s second Sphere will be built in the capital of the United Arab Emirates after the opening of the first in Las VegasWorld - ABC News - October 16 -
The world’s second Sphere will be built in the UAE capital after the first opened in Las Vegas
The world’s second Sphere will be built in the capital of the United Arab Emirates after the opening of the first in Las VegasEntertainment - ABC News - October 16 -
Capitals snap the Stars' season-opening winning streak at 4 with a 3-2 victory
Tom Wilson, Dylan Strome and Taylor Raddysh scored to help the Washington Capitals end the Dallas Stars’ season-opening winning streak at four with a 3-2 victorySports - ABC News - October 17 -
Main zoo in North Macedonian capital shut down after avian flu case detected
The main zoo in North Macedonia’s capital Skopje has been closed after authorities confirmed the presence of a highly pathogenic strain of bird fluWorld - ABC News - October 19 -
Taiwan again rejects South African demand to move its representative office
Taiwan has rejected South Africa’s demand that it move its representative office in the country from the capital, Pretoria, to the commercial center of JohannesburgWorld - ABC News - October 22
