Latest in Expects Billion Loss
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Boeing expects $4 billion loss for fourth quarter after chaotic 2024
Boeing outlined expected results and charges across its business in preliminary fourth-quarter results.CNBC - 10h -
Trump highlights partnership investing $500 billion in AI
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBankABC News - 1d -
Chelsea's Lawrence expects 'battle' with Arsenal
Chelsea and Canada defender Ashley Lawrence has said the upcoming London derby against Arsenal will be a "tough battle" and a "really good test" for her side after an unbeaten start to the season.ESPN - 11h -
Behind Trump's AI initiative worth billions
President Trump announced a private sector investment to build data centers in the United States that will support artificial intelligence. CBS MoneyWatch correspondent Kelly O'Grady reports.CBS News - 1d -
Google agrees to new $1 billion investment in Anthropic
Google has agreed to a new investment of more than $1 billion in generative AI startup Anthropic, a person familiar with the situation confirmed to CNBC.CNBC - 1d -
Trump announces $500 billion AI infrastructure project
President Trump announced a $500 billion investment into artificial intelligence infrastructure on his first full day in office. His announcement was made alongside the heads of three leading ...CBS News - 2d -
Orsted Shares Plunge on $1.7 Billion Impairment
Shares in the renewable-energy company sank to the bottom of the Stoxx Europe 600 index Tuesday after it announced the impairment amid higher costs at its U.S. Sunrise Wind project.The Wall Street Journal - 2d -
Here Are Trump’s Expected Executive Orders
The president moved swiftly in his first hours in office, signing a slew of executive orders in front of a roaring crowd and then in the Oval Office.The New York Times - 3d -
Vivek Ramaswamy expected to depart DOGE
Trump's choice to co-lead the Department of Government Efficiency is expected to announce a gubernatorial campaign after the new administration begins.CBS News - 4d -
Architectural losses from the L.A. wildfires
Thousands of structures were destroyed in the Los Angeles wildfires, including some architectural and historic landmarks. "Sunday Morning" looks at some of the treasures lost.CBS News - 4d -
Pence expected to attend Trump inauguration
Former Vice President Mike Pence is planning to attend President-elect Trump’s inauguration on Monday, a source familiar with his plans told The Hill. Pence will likely be one of many current and ...The Hill - 5d -
Boston Celtics sale: Price expected to exceed $6 billion with at least four bidders in the mix, per report
The Celtics announced the team was being put up for sale last July, shortly after winning their 18th championshipCBS Sports - 5d -
Starbucks Expecting Job Cuts by March
Starbucks said it expects to eliminate jobs, without affecting in-store teams, as part of its broader effort to operate more efficiently.The Wall Street Journal - 6d -
'One-in-a-billion' round egg discovered in Devon
Alison Greene says even Elon Musk, the richest man in the world, does not have a round egg.BBC News - 6d -
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Country Garden Lost $24.33 Billion in 2023
The Chinese developer released its long-delayed results showing that its net loss narrowed in the first half of 2024 following a record loss in 2023.The Wall Street Journal - Jan. 14 -
Canada Approves Bunge's $8.2 Billion Deal for Viterra
Canada has approved Bunge’s $8.2 billion deal for Glencore-backed Viterra, as the companies agreed to concessions to address previous antitrust concerns.The Wall Street Journal - Jan. 14 -
Eli Lilly CEO expects new weight loss pill to be approved next year
Eli Lilly and its rivals are working to develop more convenient options than the injectable Zepbound and Wegovy, which dominate the weight loss drug market.CNBC - Jan. 13 -
Chronic Pain Afflicts Billions of People. It’s Time for a Revolution.
As many as two billion people suffer from it — including me. Can science finally bring us relief?The New York Times - Jan. 12 -
December jobs report exceeds expectations
The labor market came in much hotter than expected in the final jobs report of President Biden's administration. CBS News MoneyWatch correspondent Kelly O'Grady has more.CBS News - Jan. 10 -
L.A. wildfires have caused more than $135 billion in economic losses — and counting
Fires across Southern California are already one of the most damaging in the states history.MarketWatch - Jan. 10 -
Anthropic in Talks for $2 Billion Funding Round
The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.The New York Times - Jan. 8 -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - Jan. 8 -
More dangerous winds expected in California
As wildfires continue to spread in Southern California, the worst of the heavy winds haven't even arrived. Lonnie Quinn takes a look at what comes next.CBS News - Jan. 7 -
Lions expect Montgomery to be ready for playoffs
Detroit Lions coach Dan Campbell said he expects veteran running back David Montgomery, who suffered an MCL injury in the Week 15 loss to the Buffalo Bills and has been sidelined the past three ...ESPN - Jan. 7 -
Getty Images, Shutterstock to Combine in $3.7 Billion Deal
Getty shareholders will own about 54.7% of the combined company, which will retain the Getty name. Shares of both companies surged on the news.The Wall Street Journal - Jan. 7 -
Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - Jan. 7 -
Phillips 66 to Buy EPIC NGL for $2.2 Billion
Phillips 66 will buy EPIC NGL for $2.2 billion to help the Houston oil refiner grow its Permian midstream business.The Wall Street Journal - Jan. 6 -
Microsoft Says AI Will Lead To Job Losses, Invests $80 Billion In The Tech
Microsoft has doubled down on its plan to invest $80 billion into artificial technologies in 2025, while at the same time admitting that advancements to the technology will lead to job losses. This ...GameSpot - Jan. 6 -
Maiocco's Observations: Disastrous season ends with loss to Cardinals
The San Francisco 49ers ended a disastrous 2024 NFL season on Sunday with plenty more things going horribly wrong against the Arizona Cardinals.Yahoo Sports - Jan. 6 -
Edwards nets career-high 53 in loss to Pistons
The Pistons overcame Anthony Edwards' career-high 53 points to beat the Timberwolves on Saturday night.ESPN - Jan. 5 -
Brea, Kentucky hand Florida first loss of season
Koby Brea scored 23 points and hit seven 3-pointers off the bench to lead No. 10 Kentucky over No. 6 Florida, handing the Gators their first loss of the season.ESPN - Jan. 4 -
Saracens rebound from heavy loss to beat Bristol
Saracens respond to a thumping Premiership defeat by Bath to hold off Bristol and end the Bears' record run of wins away from home.BBC News - Jan. 4 -
Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025
Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.CNBC - Jan. 4 -
Microsoft expects to spend $80 billion on AI-enabled data centers over next 12 months
Microsoft plans to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post.NBC News - Jan. 3 -
Smart stands by 'aggressive' playcalls in CFP loss
Georgia coach Kirby Smart says he doesn't regret aggressive offensive playcalls that backfired during the Bulldogs' College Football Playoff quarterfinal loss to Notre Dame in the Sugar Bowl.ESPN - Jan. 3 -
Constellation Inks $1 Billion Nuclear Power Deal
Under the contracts, Constellation will deliver electricity to more than 13 federal agencies.Inc. - Jan. 2 -
Carville on Harris loss: ‘It is and it always will be the economy, stupid’
Democratic strategist James Carville, who coined the phrase “It’s the economy, stupid,” admitted his predictions for the 2024 race were wrong and that Democrats lost because of the economy. ...The Hill - Jan. 2 -
Scopely scores a billion downloads and $10B in revenue to date
Scopely announced several key milestones achieved to date: $10 billion in lifetime revenue for its mobile games and a billion downloads.VentureBeat - Dec. 30