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CFPB moves to drop suit accusing Capital One of cheating customers out of $2 billion
The Consumer Financial Protection Bureau is moving to drop a suit against Capital One brought during the Biden administration just last month that accused the bank of cheating customers out of a ...NBC News - 5d -
ICE signs $1 billion contract with private firm for New Jersey detention center
The U.S. Immigration and Customs Enforcement (ICE) said Wednesday it would reopen a 1,000-bed New Jersey detention center after signing a $1 billion contract with a private global lender. ICE will ...The Hill - 4d -
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Index funds saved billions in fees. Now the industry wants its money back.
Innovations may be a costly trapFinancial Times - 4d -
Trump says a minerals deal with Ukraine is worth billions. It might not be as valuable as he hopes
Analysts questions the size of Ukraine's natural resources deposits, how accessible they are and easy to extract, and the ultimate value of a potential deal.CNBC - 4d -
Trump tariffs will hit over $200 billion in U.S.-Canada-Mexico cross-border rail trade
Over $200 billion in trade is carried by freight rails between the US, Canada and Mexico, with auto parts, oil, lumber, ag, and chemicals linking the economies.CNBC - 4d -
How a $5 million fix turned Paramount Pictures' 'Sonic' into a billion-dollar franchise
Paramount Picture's redesign of the titular character in its "Sonic the Hedgehog" film has resulted in a $1.2 billion franchise five years later.CNBC - 3d -
With $1 billion in salary IOUs, the Dodgers spark new questions about MLB's fairness
The Los Angeles Dodgers' unprecedented deferral of over $1 billion in active player contracts has sparked controversy among MLB fans concerned about fair play.CNBC - 3d -
U.K.'s Keir Starmer pledges $2 billion to help Ukraine buy missiles
European leaders were meeting in London on Saturday hoping shore up support for Ukrainian President Volodymyr Zelenskyy after President Donald Trump berated him live on television, calling into ...NBC News - 2d -
China's Honor pledges $10 billion AI investment and deepens ties with Google in global push
Honor is looking to expand outside of China and push into the higher-end part of the market where Apple and Samsung play.CNBC - 2d -
Ramp secures $13 billion valuation in deal allowing employees, investors to sell shares
The deal is also the latest in a string of private companies letting employees cash out shares and lowering the pressure on themselves to go public.CNBC - 1d -
Amazon-backed AI firm Anthropic valued at $61.5 billion after latest round
Anthropic on Monday closed its latest funding round at a $61.5 billion post-money valuation, the company confirmed to CNBC.CNBC - 1d -
How a $5 million fix turned Paramount Pictures' 'Sonic' into a billion-dollar franchise
Sonic the Hedgehog may be able to run faster than the speed of light, but his film franchise nearly came to a screaming halt in 2019.NBC News - 20h -
Trump announces $100 billion investment in U.S. from TSMC, calls it 'most powerful company' in world
President Donald Trump announced a $100 billion investment from Taiwan Semiconductor Manufacturing to boost U.S. chip building.CNBC - 21h -
Trump announces $100 billion investment in U.S. from TSMC, calling it ‘most powerful company’ in world
Taiwan Semiconductor Manufacturing will pour $100 billion into bolstering chip manufacturing in the U.S., President Donald Trump announced Monday.NBC News - 14h -
Target to expand online marketplace, boost product assortment as it aims for $15 billion in sales growth by 2030
Target hosted an investor day in New York City and outlined its plans to grow over the next five years after issuing fiscal 2024 fourth quarter earnings.CNBC - 2h -
'Music to our ears': Qualcomm CEO welcomes TSMC's $100 billion investment to boost U.S. chipmaking
Cristiano Amon, CEO of Qualcomm, said TSMC's investment in U.S. chip manufacturing will be important for the economy.CNBC - 2h -
Swiss Re expects L.A. wildfires to cost the global insurance industry $40 billion, making them the costliest U.S. fires ever
Swiss Re said that its losses from the Los Angeles wildfires would come in under $700 million and that it had no plans to “pull back” from California.MarketWatch - 5d
