Fund Announces Billion

Biden administration announces $2 billion in funds to strengthen electric grid

The Biden administration on Friday announced $2 billion in funding for projects to strengthen the resilience of the U.S. grid against extreme weather, an increasing concern following two ...

Politics - The Hill - October 18

Saudi sovereign wealth fund announces $2 billion deal for new Brookfield Middle East platform

At least 50% of the capital will be allocated to investments in the kingdom and to expanding international companies' presence in the local market.

Business - CNBC - 7 hours ago

Chancellor sets out new funding for extra NHS appointments

The government says it will invest £1.57bn in new equipment and buildings, in a bid to increase appointments.

Biden announces $3 billion investment in U.S. ports

President Biden announced a $3 billion investment to reinvigorate ports across the U.S. Mr. Biden spoke from the Port of Baltimore, not far from the site of the Francis Scott Key Bridge collapse.

Federal Government Approves $1.8 Billion in Hurricane Recovery Funds

After two major storms, the Biden administration has set nearly $2 billion in hurricane recovery funds.

Business - Inc. - October 16

Perplexity AI seeks valuation of about $9 billion in new funding round

Perplexity started the year with a roughly $500 million valuation and has continued attracting significant investor interest alongside the generative AI boom.

Business - CNBC - October 21

Thames Water Proposes $3.9 Billion Funding Deal to Continue Operations

The U.K. water company said the deal would enable the debt-laden company to continue with its planned investment and maintenance of its infrastructure.

Business - The Wall Street Journal - 5 days ago

Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation

Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion.

Business - CNBC - 2 days ago

Elon Musk's xAI in Talks to Raise Funding Valuing It at $40 Billion

The new fundraising effort would substantially increase startup’s valuation from spring.

Tech - The Wall Street Journal - Yesterday

Biden administration announces $3 billion for rural electric co-ops

The Biden administration announced more than $3 billion Friday in funding for seven rural electric cooperatives, part of a broader effort to promote renewable energy in rural areas. The grants ...

Politics - The Hill - 5 days ago

Boeing’s stock reverses lower after announcing a $19 billion capital raise

.Boeing’s stock knee-jerked higher after a larger-than-expected capital raise was announced, but then quickly resumed its decline.

Business - MarketWatch - 2 days ago

Biden Announces $3 Billion to Cut Carbon Emissions at U.S. Ports

On a visit to Baltimore, the president said federal grants would help upgrade port infrastructure at 55 sites nationwide.

Business - Inc. - Yesterday

The Day Before Dev's Kickstarter Canceled After Minimal Funding, Announces New Project

Fntastic, the developer behind the troubled game The Day Before , has canceled its Kickstarter campaign for Escape Factory due to a lack of interest. The game, which aimed to deliver a ...

Tech - GameSpot - October 23

AI Startup Perplexity in Funding Talks to More Than Double Valuation to $8 Billion

The search-based chatbot is seeking to raise around $500 million in what would be its fourth funding round in a year.

Tech - The Wall Street Journal - October 20

World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall

Norway's gigantic sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 billion).

Business - CNBC - October 22

Bad state data may misdirect nearly $1 billion in federal funds to replace lead pipes

The Environmental Protection Agency didn't ensure that states submitted accurate estimates of the number of lead pipes they had

Health - ABC News - 6 days ago

Alphabet's self-driving unit Waymo closes $5.6 billion funding round as robotaxi race heats up in the U.S.

Alphabet-owned driverless vehicle unit Waymo just closed a $5.6 billion funding round to expand its robotaxi service across the U.S.

Business - CNBC - 5 days ago

OpenAI Chair’s AI Startup Sierra Gets $4.5 Billion Valuation in Latest Funding Round

Former Salesforce co-CEO Bret Taylor’s company keeps pulling in money from top VC firms as expectations mount.

Business - Inc. - Yesterday

HSBC announces fresh $3 billion share buyback as third-quarter earnings beat expectations

Pre-tax profit came in at $8.5 billion, a 10% rise from the $7.7 billion posted a year ago.

Business - CNBC - Yesterday

Biden administration announces $3 billion to reduce air pollution from US ports

The Biden administration on Tuesday announced $3 billion in funding through the Environmental Protection Agency (EPA) to reduce pollution and greenhouse gas emissions associated with U.S. ports. ...

Politics - The Hill - Yesterday

Games VC funding is stabilizing, but growth-stage funding is up | Konvoy

Konvoy has published its latest report on venture capital funding in the gaming industry, which shows signs of normalizing.

Tech - VentureBeat - October 16

Public Investment Fund’s desert mirage

Plus, why Topgolf is parting with its owner and HSBC‘s boss says it isn’t splitting up

World - Financial Times - 16 hours ago

Conor McGregor's many retirement announcements

As he talks once more about not fighting again, fans have become accustomed to McGregor saying farewell.

Sports - ESPN - Yesterday

SBA disaster loan fund running low

Welcome to The Hill's Business & Economy newsletter {beacon} View Online Business & Economy Business & Economy The Big Story SBA disaster loan fund running low Congress is facing more pressure ...

Politics - The Hill - October 14

SBA Depletes Disaster Loan Funds After Helene and Milton, Biden Says

Federal officials urged people to keep applying for the loans, which they said they would continue to process while awaiting more funding from Congress, which is not set to reconvene until Nov. 12.

Top stories - The New York Times - October 15

Small Business Administration out of disaster relief funds

The Small Business Administration, a key federal program that provides disaster loans, said it has run out of funds for new emergency loans following hurricanes Helene and Milton.

US unveils sanctions targeting Hezbollah funding

The Biden administration announced new sanctions Wednesday against three individuals and four companies with alleged ties to revenue streams for the Lebanese militant group Hezbollah. A press ...

Politics - The Hill - October 16

GOP senators push for more FEMA funding

A group of GOP senators announced legislation Wednesday to replenish a critical disaster relief fund as members on both sides have sounded alarm over its finances amid back-to-back hurricanes. The ...