Latest in Governments Use Billions
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Waymo Raises $5.6 Billion From Outside Investors
Alphabet’s driverless car unit now has vehicles operating in San Francisco, Phoenix and Los Angeles.Business - The New York Times - October 28 -
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.Top stories - CBS News - October 29 -
Alphabet Revenue Jumps 15% to $88.3 Billion
The tech giant’s 34 percent increase in quarterly profit topped Wall Street expectations, driven by its advertising and cloud businesses.Tech - The New York Times - October 29 -
UEFA pledges $1 billion to grow women's soccer
UEFA pledged Wednesday to steer €1 billion ($1.08 billion) toward all levels of women's soccer over the next six years as part of a comprehensive strategy to grow the game in Europe.Sports - ESPN - October 30 -
Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion
The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.Tech - The New York Times - October 30 -
Siemens to Buy Altair in $10.6 Billion Equity Deal
The German industrial giant is acquiring software and technology company Altair, a deal that will increase Siemens’s digital business revenue.Business - The Wall Street Journal - October 30 -
Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit
The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.Business - The New York Times - October 31 -
Kroger Finalizes $1.37 Billion Opioid Crisis Settlement
Kroger finalized a $1.37 billion settlement in connection with the grocery chain’s role in the U.S. opioid crisis, Nevada Attorney General Aaron Ford said.Business - The Wall Street Journal - 5 days ago -
Pakistan security services pressured utilities over government power deal
Talks that led to expected state savings of nearly $1.5bn described as ‘more an execution than a negotiation’Business - Financial Times - October 13 -
Iceland is headed for a snap election after its governing coalition collapses
Iceland appears headed for a snap election after Prime Minister Bjarni Benediktsson pulled the plug on the Nordic nation’s fragile governing coalitionWorld - ABC News - October 14 -
Florida government finds fault with abortion ballot measure over ads and petitions
Florida's government has threatened TV stations over an ad promoting an abortion-rights ballot measure and is now alleging fraud in petitions to get it before votersHealth - ABC News - October 14 -
Ocasio-Cortez criticizes Biden administration over 'unrestrained' Israel government
Rep. Alexandria Ocasio-Cortez (D-N.Y.) criticized the Biden administration on Monday over what she called an “unrestrained” Israeli government. “The horrors unfolding in northern Gaza are the ...Politics - The Hill - October 14 -
Americans trust local government over Congress, media: Gallup
Americans trust local government more in comparison to Congress and the media, according to a new poll. The Gallup survey, released Monday, shows 67 percent of respondents said they had a "great ...Politics - The Hill - October 15 -
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Dutch government to reduce its stake in ABN Amro by a quarter
The Dutch government said Tuesday it will reduce its stake in ABN Amro to around 30% through a trading plan.Business - CNBC - October 15 -
France's budget battle: Why the government's plan to plug the deficit is sparking an outcry
France’s new government has unveiled its 2025 belt-tightening budget bill, with plans for major tax hikes and spending cuts aimed at tackling the country’s giant deficitWorld - ABC News - October 15 -
10-, 30-year U.S. government debt rallies for second day on lower oil and weak manufacturing reading
Long-term Treasury yields fell for a second day on Tuesday as traders reacted to a weaker-than-expected manufacturing reading from the New York Fed and new developments from the Middle East that ...Business - MarketWatch - October 15 -
Head of Myanmar's military government urges ethnic rebels to join peace talks
The head of Myanmar’s military government has invited ethnic rebels to hold peace talks to end armed conflict across the countryWorld - ABC News - October 15