Latest in Cut Billion Profit
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Real Estate Fund Exceeds $2.5 Billion for Affordable Housing
The size of the fund, which is run by the Vistria Group, highlights how investors see an opportunity to address the nation’s housing crisis.The New York Times - 4d -
A Quarter-Billion Dollars for Defamation: Inside Greenpeace’s Huge Loss
A pipeline company’s lawsuit against the environmental group could chill free speech, experts said. First Amendment issues are likely to figure prominently in an appeal.The New York Times - 4d -
Professors Pushed Harvard to Resist Trump. Now Billions Are on the Line.
Harvard, the wealthiest school in the world, sought compromise amid pressure to do more to combat antisemitism. The Trump administration is examining its funding anyway.The New York Times - 3d -
Trump Media Moves to Register the President’s $2 Billion in Shares Again
President Trump’s shares of the company have been held in a trust since he won the election last year. The stock has plunged 40 percent this year.The New York Times - 2d -
PGA Tour rejects recent $1.5 billion PIF offer, according to reports
With the year’s first major upcoming, it appears golf’s civil war is no closer to ending.Yahoo Sports - 9h -
Monument Valley 3’s summer launch on PC, console benefits flood relief
Monument Valley 3 is moving from its Netflix exclusivity to a PC and console launch this summer, with profits benefiting flood victims.VentureBeat - Mar. 28 -
Hang Seng tech index slides into correction territory after strong rally as tariff worries sour mood
China's technology stocks fell into correction territory after purported profit taking by investors and trade war uncertainties.CNBC - 4d -
Aston Martin to raise more than £125mn amid US tariff threat
Luxury-car maker could face £30mn hit to gross profit due to Donald Trump’s looming 25% levyFinancial Times - 4d -
Eagles GM Howie Roseman explains the C.J. Gardner-Johnson trade to Texans
While the Houston Texans are profiting off landing C.J. Gardner-Johnson, the decision to move him this offseason was challenging for the Eagles.Yahoo Sports - 3d -
US says it will seek death penalty for Mangione in UnitedHealthcare killing
Case involving murder of Brian Thompson has unleashed fraught debates over country’s for-profit healthcareFinancial Times - 3d -
Spotify Sells Itself to Advertisers as an Alternative to ‘Doom Scrolling’
After finally achieving profitability, the streaming platform wants to be a healthy alternative to “doom scrolling.”The New York Times - 2d -
We're exiting our position in a health-care stock to raise some cash
We're cutting loose the smallest position in our portfolio.CNBC - 12h -
Biggest cost from Trump’s tariffs is uncertainty for Asian carmakers
Companies forced to make billion-dollar bets in face of unpredictable politicsFinancial Times - 3d -
Report: Tariffs won't impact Lions
The new expansion of tariffs is expected to cost automakers like Ford billions of dollars.Yahoo Sports - 1d -
Tariffs will likely raise much less money than White House projects, economists say
White House trade adviser Peter Navarro said tariffs would raise about $600 billion to $700 billion a year. Economists say that's nearly impossible.CNBC - 2d -
Airlines Cut Seats to the U.S. as Canadians Stay Away
Several airlines have reduced the number of seats on U.S.-bound flights in April, while industry data shows that bookings have declined significantly.The New York Times - 6d -
Trump’s U.S.A.I.D. Cuts Hobble Earthquake Response in Myanmar
While China, Russia and other nations have rushed emergency response teams to the devastated country, the U.S., once a leader in foreign aid, has been slow to act.The New York Times - 5d -
Elon Musk Visits CIA to Discuss DOGE Cuts
A federal judge ordered the agency to reconsider its firings of employees who had been assigned to diversity recruiting.The New York Times - 4d -
Trump administration cutting some funds to Planned Parenthood
The Trump administration will withhold some federal funding from Planned Parenthood beginning Tuesday, potentially making it harder for Americans to access birth control, cancer screenings, and ...The Hill - 3d -
DOGE Demands Deep Cuts at Humanities Endowment
The National Endowment for the Humanities, which supports museums, scholarship and historical sites, could see grants curtailed and staffing slashed by up to 80 percent.The New York Times - 3d -
Is Your Agency’s FOIA Office Being Shrunk or Cut?
The team that responds to requests at the Centers for Disease Control and Prevention has been eliminated. We are trying to determine whether this is a governmentwide pattern.The New York Times - 2d -
Measles vaccination clinics hit by funding cuts
The state has reported more than 400 cases of measles and health officials fear it will get worse.The Hill - 13h -
Don’t let cost-cutting aid America’s adversaries
Washington isn’t Silicon Valley, and the operating model of “moving fast and breaking things” being employed by DOGE has real national security implications.The Hill - 10h -
Budget for UK’s ‘Great’ tourism campaign cut by 41%
Decision risks advertising in the country’s main visitor markets, says head of Visit BritainFinancial Times - 7h -
How Climate-Resilient Chickens Could Help Fight Poverty
An initiative in Zambia is showing that a profit-seeking company can help rural farmers battling extreme weather breed chickens that lay more eggs.The New York Times - 6d -
Norway urged to scrap ban on $1.8 trillion wealth fund investing in weapons makers
The debate over how Norway's wealth fund should respond to the security landscape comes at a time of higher defense spending and soaring industry profits.CNBC - 2d -
US banks predict climate goals will fail – but air conditioning firms will thrive
Reports predict global heating will bring catastrophes and that air conditioning market could grow by 41%. The world is on track for disastrous global heating – but this will create profits for ...The Guardian - 2d -
Elon Musk says xAI has acquired X in deal that values social media site at $33 billion
In a social media post on Friday, Elon Musk said his startup xAI has acquired his social media company X.CNBC - 5d -
The NHL and Rogers reportedly agree on 12-year, $7.7 US billion media rights deal in Canada
The contract is the latest source of revenue for the league as the salary cap continues to climb.Yahoo Sports - 4d -
Plaid raises funding at $6 billion valuation, enabling some employees to cash out
Plaid announced a new funding round that values the fintech company at less than half of its peak price tag four years ago.CNBC - 1d -
California wildfires left behind 9 billion pounds of toxic ash and debris | 60 Minutes
After the wildfires ravaged homes in Los Angeles, California, cleanup crews faced a new challenge: electric car batteries that can explode when damaged.CBS News - 1d -
Is college football undervalued? America's second-most popular game still leaving billions on the table
Ripe for venture capitalists and mega streaming deals down the line, college football's bottom line is getting astronomicalCBS Sports - 9h -
PGA Tour rejects $1.5 billion offer from Saudi Arabia's Public Investment Fund, per reports
The two sides continue to have different opinions regarding the future of the professional gameCBS Sports - 8h -
Los Angeles County Plans to Pay $4 Billion to Settle Sex Abuse Claims
The settlement, which still needs formal approval, covers more than 6,800 claims of abuse, some of which date back to 1959.The New York Times - 9m -
$40B into the furnace: As OpenAI adds a million users an hour, the race for enterprise AI dominance hits a new gear
In a move that surprised the tech industry Monday, OpenAI said it has secured a monumental $40 billion funding round led by SoftBank, catapulting its valuation to an unprecedented $300 billion -- ...VentureBeat - 4d -
OpenAI closes $40B funding round
OpenAI raised $40 billion from investors in its latest funding round, the ChatGPT maker announced Monday. The deal, which values the artificial intelligence (AI) company at $300 billion, was led ...The Hill - 3d
