Latest in Companies Lose Billion
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Losing GPS could cost billions, so the Space Force is having companies like Astranis build a backup network
The U.S. Air Force began deploying the Global Positioning System (GPS) nearly 50 years ago, critical infrastructure to both the military and economy.Business - CNBC - November 1 -
Adani Group companies lose $26 billion in market value after U.S. indictment
Adani Group companies lost $26 billion in market cap on Thursday, after the U.S. alleged that founder and chairman Gautam Adani was involved in a $250 million bribery scheme.Business - MarketWatch - 3 hours ago -
G.M.’s Electric Vehicle Sales Surge as Ford Loses Billions
Ford is struggling to make money on battery-powered models while General Motors, which started more slowly, says it is getting close to that goal.Business - The New York Times - October 30 -
MicroStrategy to lose ‘controlled company’ exemption, and stock seesaws higher
MicroStrategy said that because of the volume of share sales to raise money to buy bitcoin, Michael Saylor, the company’s co-founder and chair, will no longer hold the majority of voting power.Business - MarketWatch - November 12 -
Boeing workers to vote on ending strike as company reports billions in quarterly losses
Striking Boeing workers are set to vote on a new contract offer Wednesday after the company announced a $6 billion loss in its third-quarter earnings. CBS News senior transportation correspondent ...Top stories - CBS News - October 23 -
Billions in taxes hang in balance for US companies as election nears
Research shows Trump’s tax cuts led to expanded corporate investment — and a spike in share buybacksWorld - Financial Times - October 30 -
Elon Musk’s xAI in Funding Talks That Could Value Company at $40 Billion
The financing efforts follow that of rival OpenAI, which recently closed a funding round that valued it at $157 billion.Tech - The New York Times - October 31 -
Inside the Massive Crime Industry That’s Hacking Billion-Dollar Companies
When you download a piece of pirated software, you might also be getting a piece of infostealer malware, and entering a highly complex hacking ecosystem that’s fueling some of the biggest breaches ...Tech - Wired - November 4 -
Charter’s broadband saga may have bottomed. Has its stock done the same?
Charter shed 110,000 internet customers in the quarter, but a MoffettNathanson analyst thinks the rate of decline has bottomed out.Business - MarketWatch - November 1 -
Parent company of WWE and UFC is buying Professional Bull Riders, On Location, and IMG in a $3.25 billion deal
Parent company of WWE and UFC is buying Professional Bull Riders, On Location, and IMG in a $3.25 billion dealSports - ABC News - October 24 -
Parent company of WWE and UFC is buying Professional Bull Riders, On Location, and IMG in a $3.25 billion deal
Parent company of WWE and UFC is buying Professional Bull Riders, On Location, and IMG in a $3.25 billion dealEntertainment - ABC News - October 24 -
Nevada jury hands $5.2 billion verdict against Vegas company in bottled water liver damage lawsuit
A jury in Nevada has delivered a $5.2 billion award in the latest large-sum civil lawsuit against a former Las Vegas-based bottled water company found responsible for causing liver damage in ...Health - ABC News - October 24 -
Political Division and Incivility Cost Companies $2 Billion a Day. Science Suggests Jiu Jitsu Persuasion Is the Answer
Want to have actually productive discussions at work? Research suggests jiu jitsu persuasion.Business - Inc. - October 31 -
Apple sales rise 6%, company seeing early iPhone 16 demand
Apple reported earnings after the bell. Here are the results.Business - CNBC - November 1 -
US Regulators Seek to Block UnitedHealth’s $3.3 Billion Purchase of Home Care Company
The Justice Department and four Democratic state attorneys general argued that United’s takeover would limit competition and harm consumers needing home or hospice care.Business - The New York Times - November 12 -
Nigeria signs $1.2 billion deal with Chinese state-owned company to revamp key gas plant
Nigeria has inked a $1.2 billion deal with a Chinese firm to revitalize a gas processing facility, a move that officials say could propel the African country to a leading position in aluminum ...World - ABC News - November 13 -
Qualcomm says it expects $4 billion in PC chip sales by 2029, as company gets traction beyond smartphones
Qualcomm said on Tuesday that it expects its push into new markets to generate an additional $22 billion per year by 2029.Business - CNBC - Yesterday -
Why are the Democrats losing? Hubris.
Both parties are living in their own ideological media bubbles. But it’s worse for the Democrats.Politics - The Hill - October 24 -
Florida State is losing recruits at nearly the same pace that it's losing games in 2024
Florida State's current recruiting class is shaping up to be as much of a debacle as anything that’s happened on the field for the Seminoles over the past three monthsSports - ABC News - Yesterday -
Will Kamala Harris lose the popular vote?
Harris could not simply lose in 2024; she could potentially lose the popular vote as well — and take many Democrats down with her.Politics - The Hill - November 3 -
Trump loses ground with LGBTQ voters
LGBTQ voters shifted away from former President Trump at the polls Tuesday, casting their ballots overwhelmingly for Vice President Harris and in higher numbers than for President Biden in 2020, ...Politics - The Hill - November 6 -
'Unpredictable' Jones afraid to lose - Aspinall
Britain's Tom Aspinall writes for BBC Sport about Jon Jones' heavyweight title defence against Stipe Miocic at UFC 309 on Saturday.Top stories - BBC News - 5 days ago -
MicroStrategy buys $2 billion in bitcoin in 10 days. Is there $42 billion to go?
Shares of MicroStrategy Inc. entered record territory Monday for the first time in 24 years, as the self-proclaimed largest corporate holder of bitcoin continued to ride the postelection frenzy in ...Business - MarketWatch - November 11 -
Companies brace for Tuesday: Mentions of election surge on earnings conference calls
More companies are talking publicly with investors about the presidential election than in recent cycles.Business - CNBC - November 2 -
Billions of levelling-up cash in limbo
Towns and cities call on the Labour government to deliver the funds promised for vital regeneration.Top stories - BBC News - October 27 -
Mass deportation could cost billions
Bankrolling mass deportation would be costly. It would also require a lot more manpower.Top stories - CBS News - October 27 -
Obama 'loses' himself in Eminem lyrics at rally
Former President Obama briefly “lost” himself while rapping Eminem lyrics at a rally in Detroit while campaigning for Vice President Harris in the battleground state. The superstar rapper made ...Politics - The Hill - October 23 -
Lucy Letby loses bid to appeal against conviction
The former nurse's bid to challenge her conviction for the attempted murder of a baby is dismissed.Top stories - BBC News - October 24 -
'No way' Scotland will lose at home - Martinez Losa
Pedro Martinez Losa insists "there is no way Scotland will lose at home on Tuesday" after their 1-0 Euro 2025 round one play-off first-leg win in Hungary.Top stories - BBC News - October 25 -
Boulter loses to Kenin in Pan Pacific semi-finals
British number one Katie Boulter loses in straight sets to Sofia Kenin in the Pan Pacific Open semi-finals.Top stories - BBC News - October 26 -
Boulter loses to Kenin in Pan Pacific semi-finals
British number one Katie Boulter loses in straight sets to Sofia Kenin in the Pan Pacific Open semi-finals.Sports - Yahoo Sports - October 26 -
Penguins Blanked By Oilers, Lose Fourth Straight Game
Pittsburgh has dropped its last seven games against EdmontonSports - Yahoo Sports - October 26 -
Japan Election: Governing Party Projected to Lose Majority
The Japanese electorate appeared to punish the Liberal Democrats, leaving it unclear whether the party would be forced to expand its coalition to stay in power.World - The New York Times - October 27 -
FirstFT: Japan plunges into political chaos
Also in today’s newsletter, oil price falls and Franklin Templeton hit by record outflowsWorld - Financial Times - October 28 -
China loses third of its billionaires as economy falters
ByteDance chief Zhang Yiming leads country’s ‘rich list’ with $49bn fortuneWorld - Financial Times - October 29 -
Pelicans lose McCollum, Jones for multiple weeks
Pelicans guard CJ McCollum will miss two to three weeks while forward Herb Jones is out two to four weeks because of injuries, the team announced.Sports - ESPN - November 1
