Latest in Government Spent Billions
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Judge Allows Trump to Proceed With Government Employee Buyout
As of last week, about 65,000 federal employees had signed up for the buyouts.Inc. - 59m -
Dominion Energy Will Spend $50 Billion to Increase Capacity
The Virginia-based utility firm aims to meet record energy demand from data centers.Inc. - 7h -
OpenAI Close to Deal that Values Company at $300 Billion
The Japanese conglomerate SoftBank would invest up to $40 billion in the maker of the chatbot ChatGPT.The New York Times - 5d -
Wall Street Banks Prepare to Sell Billions of Dollars of X Loans
Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.The Wall Street Journal - Jan. 24 -
EU Conditionally Approves International Paper's $7.16 Billion DS Smith Buy
The European Commission said that the parties’ offer to sell five of International Paper’s plants in Europe fully addresses its competition concerns over the deal.The Wall Street Journal - Jan. 24 -
Tech Leaders Pledge Up to $500 Billion in AI Investment in U.S.
OpenAI, Oracle and SoftBank unveiled AI infrastructure plans at White House.The Wall Street Journal - Jan. 21 -
8 fired government watchdogs sue Trump administration
Eight federal watchdogs ousted by President Trump last month are suing to get their jobs back on the basis that their dismissals were unlawful. The lawsuit, filed Wednesday, asserts Congress was ...The Hill - 10h -
How the federal government spent billions rebuilding New Orleans after Hurricane Katrina
The U.S. has spent billions rebuilding New Orleans in the aftermath of Hurricane Katrina. Some of the interventions have, at times, had unintended consequences.CNBC - 13h -
Local Government Pension Schemes are heading for an embarrassment of riches
How to scheme itFinancial Times - 20h -
Trump ousts director of Office of Government Ethics
President Trump removed the director of the Office of Government Ethics, the independent agency responsible for overseeing ethics rules for the executive branch.CBS News - 2d -
Trump fires Office of Government Ethics chief
President Trump has fired the director of the Office of Government Ethics, the agency announced Monday. The office posted on its website that it had been notified Trump was removing David Huitema, ...The Hill - 2d -
DeepSeek banned from NY state government devices
New York State is prohibiting the China-based artificial intelligence application DeepSeek from government devices. New York Gov. Kathy Hochul (D) announced on Monday state government employees are ...The Hill - 2d -
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These States Could Miss Out on $47 Billion in Energy Loans
Billions of dollars in loans are in limbo due to Trump’s freeze of clean energy funding, affecting businesses across the country.Inc. - 2d -
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Trump Expects Musk to Find Billions in Pentagon Waste Next
The Pentagon’s budget is roughly $1 trillion per year.Inc. - 2d -
How Elon Musk is using tech to DOGE the government
Elon Musk is using his tech and leadership playbook in a crusade against the federal bureaucracy as he and his allies attempt to gain access to sensitive information and use emerging tech to speed ...The Hill - 3d -
Trump predicts ‘billions’ of dollars of Pentagon fraud in Fox News interview
President targets education department and military in pre-Super Bowl chat and repeats wish for Canada to be 51st state. Super Bowl 2025 – live updates Donald Trump said that he expects Elon ...The Guardian - 3d -
MP's anger at government over Grangemouth closure
Labour MP Brian Leishman says the UK government must do more to help workers get new jobs.BBC News - 3d -
Trump vows to cut billions of dollars from US defence spending
President says ‘fraud and abuse’ at Pentagon will be Elon Musk’s next targetFinancial Times - 3d -
Trump’s claim that Mexican cartels and government are allied is not reality
Corruption in Mexico is a problem, experts say, but any claim the two are linked shows a lack of comprehension. Mexico breathed a sigh of relief this week when Donald Trump delayed his threatened ...The Guardian - 3d -
Trump Plans to Send $8 Billion in Arms to Israel, Bypassing Some Lawmakers
President Biden announced the arms sales at the end of his administration, and President Trump is pushing it soon after his meeting with Prime Minister Benjamin Netanyahu of Israel.The New York Times - 3d -
'I've spent more than £3,000 on Jellycats'
A rising number of adults are buying toys - we hear from so-called "kidults" who are splashing out thousands.BBC News - 4d -
Trump amends CBS '60 Minutes' lawsuit and demands $20 billion
President Trump doubled the damages he is seeking from CBS and its parent company, Paramount Global, which needs FCC approval for its pending merger.Los Angeles Times - 4d -
Trump administration to cut billions in medical research funding
National Institutes of Health said the $4bn loss will affect ‘indirect’ funding of buildings, equipment and staff. The Trump administration is cutting billions of dollars in medical research ...The Guardian - 4d -
Matisse’s muse: new exhibition dedicated to the illegitimate daughter he spent a lifetime painting
Marguerite, who survived diphtheria and torture by the Gestapo, is the focus of Musée d’Art Moderne showcase. Throughout his career, Henri Matisse would return repeatedly to paint his favourite ...The Guardian - 4d -
Who is helping Elon Musk gut the US government?
The billionaire’s cost-cutting ‘Doge’ staff includes wealthy executives, far-right ideologues and young engineers. Elon Musk’s rapid attempt to defund and depopulate the federal government has ...The Guardian - 4d -
Democrats demand probe into Musk's alleged 'conflicts' over billions in fed contracts
House Judiciary Democrats sent a terse letter Friday to Attorney General Pam Bondi, expressing concerns that Elon Musk’s role at DOGE creates "conflicts of interest."ABC News - 5d -
Inside Elon Musk's government takeover
A tech-focused media outlet has become a premiere source for breaking news on Elon Musk, his inner circle and their efforts to reshape the federal government. Katie Drummond, global editorial ...CBS News - 5d -
Anduril in talks to raise money at $28 billion valuation as defense-tech booms
Anduril has signed a term sheet to raise up to $2.5 billion at a valuation of $28 billion, according to sources close to the company.CNBC - 5d -
OpenAI Close to Deal that Values Company at $300 Billion
The Japanese conglomerate SoftBank would invest up to $40 billion in the maker of the chatbot ChatGPT.The New York Times - 5d -
The US Government Is Not a Startup
Elon Musk and DOGE are moving fast and breaking things that can’t afford to be broken.Wired - 5d -
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Government Agencies Cancel Politico Pro Subscriptions
The U.S.D.A. said Thursday that it had canceled its subscriptions to Politico Pro, a news and information service aimed at policy professionals.The New York Times - 6d
