Latest in Expects Billion Loss
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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 -
AI Startup Anthropic Raising Funds Valuing It at $60 Billion
The Amazon-backed OpenAI rival was valued at $18 billion last year.The Wall Street Journal - Jan. 7 -
Trump Blurs Lines in $20 Billion Data Center Announcement and Other Deals
Even before the start of the new administration, there has been repeated blurring of lines between the federal government efforts and Trump family businesses.The New York Times - 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 -
Getty Images to buy Shutterstock as part of $3.7 billion visual content expansion
Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock image powerhouse geared for the artificial intelligence era, in a deal that would likely draw ...NBC News - Jan. 7 -
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Thousands expected to pay respects to Jimmy Carter in the Capitol
Despite winter weather delays, Jimmy Carter will be moved from his home state of Georgia to Washington D.C. where he will lie in state at the U.S. Capitol before his public funeral on Thursday. NBC ...NBC News - Jan. 7 -
Microsoft Plans to Invest $3 Billion on AI, Cloud Infrastructure in India
The company plans to grow the company’s Azure cloud business in India and set up new data centers.The Wall Street Journal - 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 -
Stryker to Acquire Inari Medical in Deal Valued at $4.9 Billion
Inari makes mechanical thrombectomy solutions designed to treat peripheral vascular diseases. Stryker said the deal would be complementary to its neurovascular 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 -
Sonic The Hedgehog Film Franchise Races Past $1 Billion At The Box Office
Paramount Pictures has announced that the Sonic the Hedgehog film franchise has earned more than $1 billion at the global box office. The movie franchise--based on Sega's long-running video game ...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 -
U.S. Plans $8 Billion Sale of Arms, Including Bombs, to Israel
The Biden administration notified Congress of a weapons package for Israel that is one of the largest new arms sales since the war in Gaza began.The Wall Street Journal - Jan. 4 -
Congress notified of planned $8 billion weapons sale to Israel
President Biden has made it clear that Israel has the right to defend its citizens as the American ally presses forward with its war against Hamas in Gaza.CBS News - Jan. 4 -
Biden administration plans $8 billion weapons sale to Israel
State Department tells Congress of a planned $8 billion weapons sale to Israel.ABC News - Jan. 4 -
What to expect in 2025 if economist forecasts are as bad as usual
Nobody has a crystal ball, and that’s demonstrated every year when Wall Street’s professionals hazard a guess on what to expect for the following year.MarketWatch - 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 -
State Dept. Tells Congress It Plans to Send $8 Billion in Arms to Israel
The arms transfer could be the final one the Biden administration provides to Israel. President Biden has largely ignored critics of Israel’s war in Gaza who have urged a halt to weapons aid.The New York Times - 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 -
WATCH: 2025 Golden Globes’ predictions and what to expect
ABC News’ Will Ganss and senior entertainment reporter at ESPN's Andscape Kelley Carter discuss the kickoff to awards season.ABC 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 -
After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies
With a lucrative tax credit, the Biden administration is hoping to establish a new industry that might help fight climate change.The New York Times - Jan. 3 -
Biden expected to block $15bn takeover of US Steel
President set to kill Nippon Steel’s bid in one of his final acts in officeFinancial Times - 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 -
All Democrats expected to participate in Speaker’s vote
All Democrats are expected to be in the Capitol on Friday for the vote to seat the next Speaker of the House, according to the Democratic whip’s office. The full participation of Democrats is ...The Hill - 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 -
Biggest financial stories of 2024 and what to expect this year
From the stock market to inflation, CBS News MoneyWatch correspondent Kelly O'Grady looks back on some of the big financial stories of 2024 and what to expect in 2025.CBS News - Jan. 2 -
Job losses at Europe’s car parts suppliers soar as vehicle market slows
Falling sales growth and excess capacity have led to sector pain that the EV transition is not easingFinancial Times - Jan. 2 -
Taylor Hall Was Visibly Upset Following Blackhawks Winter Classic Loss
The Chicago Blackhawks were beaten badly at the Winter Classic and Taylor Hall didn't take it well.Yahoo Sports - Jan. 1 -
Kyrgios shrugs off lingering wrist pain in tight doubles loss with Djokovic
Djokovic double fault at 8-6 disastrous for star pairing Kyrgios heads home to ponder Australian Open return A fluent and upbeat Nick Kyrgios shrugged off the pain in his surgically repaired ...The Guardian - Jan. 1 -
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