Latest in Destroyed Billion
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Judge Blocks H.H.S. From Terminating $11 Billion in Public Health Grants
A coalition of states sued over the Trump administration’s unexpected move to cut off the funds, which they said imperiled everything from childhood vaccination programs to opioid addiction treatment.The New York Times - 1d -
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 - 15h -
The Mole Allegedly Installed By Deel to Spy on Rippling Confesses With Lurid Details
A cell phone destroyed with an axe, a James Bond reference, and a mysterious figure called the Watchman. An Irish court filing reveals how a corporate spy allegedly fed information to Deel from ...Inc. - 2d -
Livestock may be threatening endangered species in Arizona and New Mexico: Report
Uncontrolled livestock grazing is destroying streamside habitats that are critical to endangered plants and animals in Arizona and New Mexico, a new report has found. Half of roughly 2,400 miles ...The Hill - 2d -
WATCH: Veterinarians treat rescue cats injured in sanctuary fire
After a fire destroyed the Happy Cat Sanctuary in Long Island, New York, killing the owner and nearly 100 cats, local veterinarians joined forces to treat the injured cats who survived the fire.ABC News - 1d -
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 -
Canadians pull back on U.S. trips, threatening to widen United States' $50 billion travel deficit
Some carriers are cutting back U.S. flights from Canada due to weaker demand.CNBC - 6d -
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 - 15h -
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 - 14h -
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 - 5h -
$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 -
OpenAI funding round could be cut by $10B if for-profit conversion doesn't occur by year-end
OpenAI’s massive private funding round could be slashed by as much as $10 billion if the company doesn’t restructure into a for-profit entity by Dec.NBC News - 4d -
Timberwolves sale from Glen Taylor to Marc Lore, Alex Rodriguez agreed to, moving forward
Taylor tried to stop the $1.5 billion sale and the two sides ended up in arbitration, but the deal is now going through.Yahoo Sports - 1d -
Tariffs 'hard to come back from', says US pharma boss
Eli Lilly's boss tells the BBC he is doubtful tariffs will bring jobs to the US or raise billions in taxes.BBC News - 1d -
Where do the Boston Celtics fall in the most expensive team sales in NBA history?
The eventual value of the storied ball club could rise to as high as over $7 billion by the time the two-tiered deal is done.Yahoo Sports - 21h -
Trump Administration Demands Additional Cuts at C.D.C.
In addition to reductions in agency personnel, federal regulators are demanding $2.9 billion in contract cancellations.The New York Times - 16h -
Trump drops Biden's proposal for Medicare to cover obesity drugs like Wegovy and Zepbound
The Biden administration proposal would have significantly expanded access to obesity to millions of Americans but would have cost the government billions.CNBC - 9h -
Federal funding cuts are raising questions about university endowments. Here's what some are worth and how they work
Columbia is one of the richest universities with a $14.8 billion endowment. Still, covering federal funding cuts isn't as simple as smashing a piggy bank.CNBC - 3d -
Cliff Asness's AQR multi-strategy hedge fund returns 9% in the first quarter during tough conditions
The Apex strategy from Cliff Asness' firm, which combines stocks, macro and arbitrage trades with $3 billion in assets under management, gained 9% in Q1.CNBC - 3d -
Europe warns of "strong plan to retaliate" ahead of new Trump tariffs
European Union already intends to impose duties on U.S. goods worth some $28 billion in mid-April in response to Trump's steel and aluminum tariffs.CBS News - 3d -
Trump Media filing opens door for president to sell $2B in stock
Trump's social media company filed paperwork with the Securities and Exchange commission that could allow the president's trust to sell more than $2 billion of shares.ABC News - 2d -
Manhattan's luxury real estate market sees best first quarter in six years
Manhattan apartment sales rose 29% in the first quarter, and the total value of apartment sales in the city reached $5.7 billion, up 56%.CNBC - 2d -
ACLU sues Trump administration over NIH grant cancellations
A coalition of health researchers, unions and other stakeholders filed a lawsuit Wednesday challenging the abrupt cancellation of billions of dollars in research grants by the National Institutes ...The Hill - 2d -
Angola Rail Line Offers Clues to Trump’s Africa Policy
The $4 billion project was the Biden administration’s signature initiative in Africa. Early signs are that the Trump team supports it, too, for mineral access if nothing else.The New York Times - 1d -
How Kennedy is already weakening America's childhood vaccine system
Robert F. Kennedy Jr.'s Department of Health and Human Services cut $2 billion from a program that supports vaccines for vulnerable children.NBC News - 1d -
Apple Leads Tech Stock Sell-Off After Trump Tariffs, Falling 9 Percent
The company counts on the sale of devices for three-quarters of its nearly $400 billion in annual revenue, and it makes almost all of its iPhones, iPads and Macs overseas.The New York Times - 1d -
Brown University to see federal funding halted by Trump administration
A White House official says the Trump administration is planning to halt more than half a billion dollars in contracts and grants awarded to Brown UniversityABC News - 1d -
Trump administration fires staff of program that helps low-income homes pay for heat
The Trump administration has laid off the entire staff of a $4.1 billion program that helps low-income households nationwide pay for heatABC News - 1d -
Trump Administration Sends Harvard a List of Demands to Protect Federal Funds
The list was similar to one sent to Columbia University last month after the government canceled $400 million to the school. Harvard may have $9 billion on the line.The New York Times - 1d -
Trump’s Threatened Tariff on Buyers of Venezuelan Oil Could Squeeze China
Venezuela owes China’s banks about $10 billion, and its oil is about the only legal way it has to pay them back.The New York Times - 21h
