Latest in Expects Than Billion
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Australia's third-quarter GDP grows at a slower-than-expected 0.3% amid higher rates and sticky inflation
Australia's economy grew at slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh down on the slowing economy.CNBC - Dec. 4 -
Billion-dollar future: Dodgers deferred pay at $1B
New contracts for Blake Snell and Tommy Edman increased the Dodgers' obligations for deferred payments to more than $1 billion owed to seven players from 2028-46.ESPN - Dec. 3 -
Gamers May Spend More Time Watching Games Than Playing Them
Over the last decade, streamers have taken on greater prominence in the gaming landscape and some have even attracted significant fan followings. Now, a new report suggests that players are ...GameSpot - Dec. 3 -
Here’s how investors will be affected by BlackRock’s $12 billion purchase of private-credit provider HPS
In a widely anticipated announcement, BlackRock said it had reached an agreement to buy HPS Investment Partners for $12 billion in stock.MarketWatch - Dec. 3 -
What's Next in the Legal Battle Over Elon Musk's $100 Billion Pay Deal
The Tesla CEO’s record-breaking compensation package has hit another roadblock, after a Delaware judge again rejected the deal.The Wall Street Journal - Dec. 3 -
Space Startups Get Government Contracts as SpaceX Explores Share Sale Valued at $350 Billion
The commercial space industry has had a rocket lit under it recently, as the government changes how it awards contracts, looking closely at new innovators.Inc. - Dec. 3 -
AT&T plans to plow $20 billion into buybacks in signal of business turnaround
AT&T’s stock is rising as the company will bring back share repurchases alongside an expected $20 billion-plus in continued dividend commitments over the next three years.MarketWatch - Dec. 3 -
Thailand's prime minister expects fishermen seized by Myanmar to be repatriated soon
Thailand’s Prime Minister Paetongtarn Shinawatra says her government is negotiating with neighboring Myanmar for the return of four fishermen captured by Myanmar’s navy for trespassingABC News - Dec. 3 -
SpaceX’s $350 billion private valuation signals an IPO is off the table for now
Elon Musk’s space business is part of a trend of companies staying private, as its private-market valuation jumps by more than $100 billion with a proposed sale of shares.MarketWatch - Dec. 3 -
Vietnam court may commute tycoon's death sentences if she repays $11 billion
A court in Vietnam has upheld the death sentence for real estate tycoon Truong My Lan but said it could be commuted to life if she reimburses some $11 billionABC News - Dec. 3 -
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Death sentence upheld for tycoon — unless she pays $9 billion
Truong My Lan was convicted of swindling money from Saigon Commercial Bank (SCB) and sentenced to death for fraud totaling $27 billion.CBS News - Dec. 3 -
Spanish masterpiece resurfaces after being hidden for more than a century
Joaquín Sorolla’s Paris Boulevard was sold to a private collector in 1890 and disappeared from public view. A painting by Joaquín Sorolla , the Spanish artist renowned for his mastery of light , ...The Guardian - Dec. 3 -
BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion
The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.CNBC - Dec. 3 -
Restoring Nomura’s credibility will take more than pay cuts
Taint of latest scandal overshadows bank’s growing earnings and could have long-lasting consequencesFinancial Times - Dec. 3 -
ServiceTitan’s planned IPO could come with a more than $5 billion valuation
The Glendale, Calif.-based company could raise up to $500 million in its initial public offering.MarketWatch - Dec. 3 -
Microsoft faces £1 billion lawsuit in UK for allegedly overcharging rival cloud firms' customers
Microsoft was accused of unfairly overcharging customers of rival cloud companies including Amazon, Google and Alibaba Cloud in a U.K. lawsuit filed Tuesday.CNBC - Dec. 3 -
Microsoft Faces $1.3 Billion Antitrust Lawsuit Over Cloud Services in U.K.
Microsoft faces a dispute in the U.K. over how it charges customers who buy cloud software services that rival its own Azure, the latest antitrust challenge to the U.S. tech giant’s approach to ...The Wall Street Journal - Dec. 3 -
Elon Musk’s $50 Billion Tesla Pay Can’t Be Reinstated, Delaware Judge Rules
The judge said she would not reverse her decision to strike down the package after Tesla shareholders approved it a second time.The New York Times - Dec. 3 -
Real estate tycoon must pay $9 billion to avoid execution in Vietnam
A court in Vietnam upheld a death sentence for real estate tycoon Truong My Lan, rejecting her appeal in a $12 billion embezzlement and bribery case.NBC News - Dec. 3 -
Vietnamese tycoon faces scramble to raise billions to avoid death sentence
Truong My Lan must repay three-quarters of $12bn she embezzled from bank in a case that shocked the country. The Vietnamese property tycoon Truong My Lan has lost her appeal against the death ...The Guardian - Dec. 3 -
Sanofi to Invest $1 Billion in New Insulin Manufacturing Base in China
The new base, which will be located in Yizhuang, Beijing, marks Sanofi’s second production site in the capital and its fourth in the country.The Wall Street Journal - Dec. 3 -
Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
Elon Musk's pay package granted in 2018 was the largest compensation plan in U.S. history for a public company executive.CNBC - Dec. 3 -
Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
Tesla CEO Elon Musk lost his bid to get his 2018 CEO pay package reinstated on Monday when a Delaware judge upheld her prior ruling that the compensation plan was improperly granted.NBC News - Dec. 3 -
Judge rejects Elon Musk request to reinstate his $56 billion pay package
Elon Musk was seeking to reinstate a massive 2018 Tesla pay package after shareholders had reapproved it, but a judge denied his request.CBS News - Dec. 2 -
GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion
General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its joint venture partner LG Energy Solution.CNBC - Dec. 2 -
‘It’s about consequences’: what can we expect from Wicked: Part Two?
The much-anticipated first part of the blockbuster musical adaptation has bewitched audiences worldwide, but there are dark times ahead in the sequel. Spoilers ahead Despite more than a year ...The Guardian - Dec. 2 -
Americans expected to spend $13 billion total on Cyber Monday deals
Consumers are focusing on finding deals on Cyber Monday and American spending is expected to rise compared to 2023. CBS MoneyWatch correspondent Kelly O'Grady breaks down the spending trends for 2024.CBS News - Dec. 2 -
Cyber Monday shoppers expected to set new records
Cyber Monday could mark the biggest day in sales for e-commerce this year. CBS News' Nancy Chen is tracking the consumer news as the holiday shopping season begins.CBS News - Dec. 2 -
Baking Show’s ‘Jack Sparrow’ Is More Artist Than Pirate
Dylan Bachelet lost in the finals of “The Great British Baking Show,” but he was a breakout star for his fashion as well as his baking. Now, he’s a professional chef.The New York Times - Dec. 2
