Latest in Forgives 4.28 Billion
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Biden forgives $4.28 billion in student debt for 54,900 borrowers
The Biden administration announced on Friday that it would forgive another $4.28 billion in student loan debt for 54,900 borrowers who work in public service.CNBC - 9h -
Biden issues likely last round of student debt forgiveness before leaving office
The Biden administration is canceling federal student loans for another 55,000 workers to the tune of $4.28 billion in what's expected to be the last such round before he leaves office.CBS News - 12h -
Biden pulls the plug on mass student-debt cancellation after rushing $4.28 billion in relief
Tens of thousands of public servants will have $4.28 billion in student debt canceled, the Biden administration announced Friday.MarketWatch - 9h -
Biden issues likely last round of student debt forgiveness before leaving office
The Biden administration is canceling federal student loans for another 55,000 workers to the tune of $4.28 billion in what's expected to be the last such round before he leaves office.CBS News - 12h -
Report: Warriors' $9.14 billion valuation tops NBA
The Warriors' $9.14 billion valuation was tops in the NBA, followed by the Knicks at $8.3 billion and the Lakers at $8.07 billion, according to Sportico.ESPN - 1d -
SBA to Get $2.2 Billion in Disaster Aid, as Congress Unveils $100 Billion Ahead of Weekend Deadline
Congress has finally released its plan to replenish the Small Business Administration’s disaster aid program two months after the agency’s coffers were depleted.Inc. - 2d -
Who will be MLB's first $1 billion player?
Gunnar Henderson? Ethan Holliday? Or someone baseball fans haven't even heard of yet?Yahoo Sports - 3d -
Federal student loan forgiveness opportunities lost to those who refinance, CFPB warns
With the Federal Reserve's recent cuts to interest rates, more federal student loan borrowers are wondering if they should refinance. The CFPB has warnings.CNBC - 3d -
Databricks announces $10 billion financing at $62 billion valuation
The company's new valuation is up from $43 billion in 2023.CNBC - 3d -
10 billion reasons Databricks will delay its IPO
With ample money available in private markets, Databricks, a specialist in data and artificial intelligence, is valued at $62 billion.MarketWatch - 3d -
Carlsberg Cleared to Proceed With $4.2 Billion Britvic Deal
Carlsberg announced plans in July to buy the U.K. soft drinks giant, in a move to develop its Nordic bottling business and strengthen its presence in Western Europe.The Wall Street Journal - 3d -
Biden's student loan forgiveness ‘Plan B’ is in its ‘last step,’ expert says. What borrowers need to know
With weeks to go before President-elect Donald Trump takes office, the Biden administration is still taking steps to deliver sweeping student loan forgiveness to millions of Americans.NBC News - 4d -
Biden's student loan forgiveness 'Plan B' is in its 'last step,' expert says. What borrowers need to know
The Biden administration is still taking steps to deliver sweeping student loan forgiveness to millions of Americans.CNBC - 4d -
Why a nation of 1.45 billion wants more children
India, the world's most populous country, is seeing a debate about having more babies.BBC News - 5d -
The Hunt for the Assad Dynasty's Missing Billions Begins
The family stashed away its wealth over half a century of despotic rule. Human-rights lawyers are leading efforts to find the assets—and recover them for the Syrian people.The Wall Street Journal - 5d -
Software Firm ServiceTitan Hits $9 Billion Valuation
ServiceTitan’s shares opened at $40 more apiece than the IPO price.Inc. - Dec. 12 -
3 expensive credit card debt forgiveness mistakes to avoid right now
If you're trying to have your credit card debt forgiven, make sure to avoid these big (but common) missteps.CBS News - Dec. 12 -
3 signs you should pursue credit card debt forgiveness before 2025
If any of these signs resonate with you, it may be time to start the credit card debt forgiveness process.CBS News - Dec. 11 -
Zalando to Bid $1.3 Billion for About You
Zalando plans to submit an offer to buy About You in a move to expand its offering in the European e-commerce fashion market.The Wall Street Journal - Dec. 11 -
4 reasons to pursue credit card debt forgiveness this December
There are multiple reasons why you may want to pursue credit card debt forgiveness now. Here are four to know.CBS News - Dec. 9 -
Arthur J. Gallagher to Acquire AssuredPartners for $13.45 Billion
Arthur J. Gallagher said that buying the insurance broker would expand its retail middle-market property and casualty focus across the U.S.The Wall Street Journal - Dec. 9 -
Returns are an $890 billion problem for retailers
Holiday shopping is expected to reach record levels this year.NBC News - Dec. 8 -
Retail returns: An $890 billion problem
As shopping reaches a peak in the weeks ahead, retailers expect their return rate for the holidays to be 17% higher, on average, than the annual rate.CNBC - Dec. 7 -
The A’s Near Agreement for $1.75 Billion Las Vegas Stadium
A groundbreaking on the new A’s stadium is likely by the 2028 season.Inc. - Dec. 6 -
Biden administration under pressure to forgive more student loan debt before Trump takes office
With just a little more than a month and a half left in office, President Joe Biden is under pressure to forgive more student loan debt.CNBC - Dec. 5 -
G.M.’s Ailing China Business Will Deal It a $5 Billion Blow
General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric and hybrid cars have taken off.The New York Times - 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 -
Driver begs for forgiveness amid 25-year sentence for DUI crash that killed bride on wedding day
A South Carolina judge on Monday handed down a 25-year sentence to the drunk driver who hit and killed a bride on her wedding night in 2023. CBS News correspondent Skyler Henry has more on the ...CBS News - 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 -
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 -
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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 -
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 -
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 $1.3 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 -
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 -
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 -
3 reasons to consider credit card debt forgiveness this December
This month could be an ideal time to settle your credit card debt for less than what you owe. Here's why.CBS News - Dec. 2
