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GM raises quarterly dividend, initiates $6 billion stock buyback
General Motors said Wednesday that it is raising its quarterly dividend and initiating a new $6 billion share repurchase program.CNBC - 8h -
Xbox’s AI initiative with Muse is an attempt to read the tea leaves, not the room
Earlier today, the heads of Microsoft’s Xbox division revealed Muse, a generative AI model that intends to create both visuals and gameplay for games. The model, which was trained on the largely ...VentureBeat - Feb. 19 -
PUBG Creator Thinks Players Will Initially Hate His Next Game
In late 2019, PlayerUnknown's Battlegrounds creator Brendan Greene offered the first glimpse of his next game, Prologue: Go Wayback . Unlike PUBG, Prologue isn't a shooter or a battle royale. ...GameSpot - 5d -
Citibank Joins Private Sector Retreat From Diversity Initiatives
In a politically charged business climate, the global banking giant joins peers in ending many diversity, equity, and inclusion efforts, from hiring to corporate governance.Inc. - 5d -
Despite Initial Friction, Employers and Gen-Zers Are Trying Harder to Work Together
Three new surveys show that despite Gen-Z’s often negative reputation in the workplace, the cohort is making broad efforts to adapt and adjust to the working world.Inc. - 4h -
Hong Kong's largest pro-democracy party takes initial step toward disbanding
Hong Kong’s largest pro-democracy party took an initial step toward dissolving on ThursdayABC News - 6d -
Apple announces $500 billion investment in U.S.
Apple has announced a $500 billion investment in the U.S. over the next four years. The company also said it will hire 20,000 additional workers in the U.S. CBS MoneyWatch Correspondent Kelly ...CBS News - 2d -
NIH Research Grants Lag Behind Last Year’s by $1 Billion
After weeks of disruption to scientific federal grants, the National Institutes of Health has fallen behind in funding research into treatments for deadly diseases.The New York Times - Feb. 18 -
UnitedHealth Medicare Advantage bombshell exposes $83 billion in government waste
Will Musk and Trump dare to take it on?MarketWatch - 5d -
$1.4 Billion Stolen From ByBit in Biggest Crypto Theft Ever
Plus: Apple turns off end-to-end encrypted iCloud backups in the UK after pressure to install a backdoor, and two spyware apps expose victim data—and the identities of people who installed the apps.Wired - 4d -
California governor asks Congress for nearly $40 billion for LA wildfire relief
California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January’s devastating wildfiresABC News - 3d -
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Apple says it will invest $500 billion in U.S. over next 4 years
Apple's plans include building a new manufacturing plant to produce Apple Intelligence servers in Texas.CBS News - 2d -
Apollo fills real-estate gap with $1.5 billion Bridge Investment deal
Apollo is adding $50 billion in assets under management to its real-estate portfolio.MarketWatch - 2d -
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Apple Will Invest $500 Billion in U.S.—and Create 20,000 Jobs
Investments will include a giant factory in Texas.Inc. - 2d -
Apple Plans to Invest $500 Billion in U.S. as Trump Tariffs Loom
The company pledged the multibillion-dollar investment over the next four years and said it would create 20,000 jobs. The Texas facility is set to open in 2026.The New York Times - 2d -
Anthropic closes in on $3.5 billion funding round as investor interest soars
AI startup Anthropic is in talks to raise a new round of capital that would roughly triple its valuation to $61.5 billion, CNBC has confirmed.CNBC - 1d -
MicroStrategy now owns $47.4 billion worth of bitcoin after latest purchases
Last week, the company disclosed that it was more than doubling its bitcoin holdings last year while reducing its workforceMarketWatch - 1d -
North Korean hackers behind $1.5 billion crypto hack: Security firm
North Korean hackers were behind a sophisticated hack that stole about $1.5 billion worth of digital currency from Bybit, a major cryptocurrency exchange, according to security firm TRM. “TRM has ...The Hill - 1d -
Bad DOGE: Firing IRS workers will fuel tax cheating and cost billions
Cutting IRS jobs may sound appealing to some, but the long-term consequences could be disastrous.The Hill - 1d -
Trump administration frees up billions in federal aid for Pennsylvania: Shapiro
Pennsylvania Gov. Josh Shapiro (D) said the Trump administration has agreed to unfreeze more than $2 billion in state funding he claimed was unlawfully withheld, in part citing his recent lawsuit ...The Hill - 1d -
PayPal lays out strategy for Venmo to reach $2 billion in revenue in 2027
Facing competitors like Cash App, Zelle, and Apple Pay, PayPal is focused on expanding Venmo’s role in digital commerce.CNBC - 1d -
Here’s why more than $1 billion in sales was not enough for Grocery Outlet
Grocery Outlet Holding Co.’s sales topped $1 billion in the fourth quarter, slightly above Wall Street expectations, but weaker quarterly profits and 2025 guidance dragged the stock down more than ...MarketWatch - 21h -
Apple Plans to Invest $500 Billion in U.S. as Trump Tariffs Loom
The company pledged the multibillion-dollar investment over the next four years and said it would create 20,000 jobs. The Texas facility is set to open in 2026.The New York Times - 21h -
North Korea’s $1.5 billion crypto hack exposes bitcoin’s weakness
Crypto’s vulnerability to theft will keep bitcoin from widespread useMarketWatch - 4h -
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Eli Lilly plans at least $27 billion in new U.S. manufacturing investments
It comes as companies work to build goodwill with Trump, who has emphasized reshoring manufacturing to the U.S. and reducing reliance on foreign supply chains.CNBC - 1h -
Stocks tumble as Walmart sales growth forecast disappoints
Stocks tumbled from all-time highs Thursday in the wake of Walmart projecting a lower-than-expected sales outlook.NBC News - 6d -
These are the factors weighing on Block’s stock after earnings
Block expects accelerating growth as the year goes on, but investors may have wanted more from the company’s overall gross-profit outlook.MarketWatch - 5d -
Your retirement savings are at risk in an insane stock market
Fund managers admit they’re buying overvalued stocks.MarketWatch - 5d -
The stock market closes out worst day of 2025
The stock market closed out the week with the worst day of 2025. The losses are coming amid growing concerns about economic growth. Elise Preston reports on how Americans are reacting.CBS News - 3d -
Top Wall Street analysts are bullish on these dividend stocks
TipRanks' analyst ranking service highlights three dividend-paying stocks, including McDonald's and Ares Capital.CNBC - 3d -
Alibaba’s stock falls on expensive AI-investment pledge
The online retailer plans to spend $53 billion over the next three years on AI and cloud technology.MarketWatch - 2d -
The ‘Magnificent Seven’ are out; these stocks are in — but there’s one catch
Japanese yen carry-trade unwind could again tank the stock market.MarketWatch - 2d -
Workday beats estimates for revenue and profit, stock jumps
Workday exceeded analysts' estimates for the quarter and pointed to stronger demand from artificial intelligence products.CNBC - 1d -
GameStop CEO Ryan Cohen hikes his personal stake in Alibaba to $1 billion, WSJ says
Cohen's sizable stake in Alibaba is a bullish bet on China's economic growth in the long run, The Wall Street Journal said.CNBC - 6d -
Netflix Plans to Spend $1 Billion Making Content in Mexico Over the Next 4 Years
Netflix CEO Ted Sarandos says the money will go toward projects like Alfonso Cuarón’s film Roma, which was made in Mexico and went on to international acclaim.Wired - 6d -
Senate adopts $340 billion budget blueprint for Trump's agenda after marathon 'vote-a-rama'
The Republican-controlled Senate on Friday morning adopted a $340 billion budget blueprint designed to boost funding for President Donald Trump's immigration enforcement efforts, energy production ...NBC News - 5d