Latest in Larry Ellison’s Billions
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Spirit Airlines Files for Bankruptcy; Lost $2.2 Billion in 5 Years
The low-fare carrier has struggled to find its footing after its planned merger with JetBlue was blocked by a federal judge.Business - The New York Times - November 18 -
Denmark will plant 1 billion trees and convert 10% of farmland into forest
Danish lawmakers have agreed on a deal to plant 1 billion trees and convert 10% of farmland into forest and natural habitats in an effort to reduce fertilizer usage over the next two decadesWorld - ABC News - November 18 -
Biden Asks Congress for Nearly $100 Billion in Disaster Aid
The president said the aid was “urgently needed” as emergency programs face funding shortfalls amid the devastation after Hurricanes Helene and Milton and a string of other natural disasters.Top stories - The New York Times - November 18 -
Rheinmetall Targets $21.2 Billion in Sales by 2027 as Western Defense Budgets Rise
The arms maker forecasts $21.2 billion in sales over the next three years amid higher defense spending in western markets.Business - The Wall Street Journal - November 19 -
Google's $2 Billion Anthropic Investment Gets U.K. Antitrust Clearance
The Competition and Markets Authority said it wouldn’t open an in-depth investigation into Google’s investment in the AI startup.Business - The Wall Street Journal - November 19 -
Amcor to Buy Berry Global in $8.4 Billion Stock Deal
Amcor has agreed to buy Berry Global Group in a roughly $8.4 billion stock swap that will create a consumer and healthcare packaging company with annual revenue of about $24 billion.Business - The Wall Street Journal - November 19 -
Italy recovers Etruscan artifacts worth $8.5 million bound for black market
Italian authorities have announced the seizure of an illegal excavation of an Etruscan burial site in the central Umbria regionEntertainment - ABC News - November 20 -
Jersey Mike’s Subs Sold to Blackstone in $8 Billion Deal
The private equity firm, which has been buying food and beverage operators, has an agreement that will bring the compnay plenty of cheddar after the sandwich chain opens its 4,000th store.Business - Inc. - November 19 -
Google's $2 Billion Anthropic Investment Gets U.K. Antitrust Clearance
The Competition and Markets Authority said it wouldn’t open an in-depth investigation into Google’s investment in the AI startup.Tech - The Wall Street Journal - November 19 -
Italy recovers Etruscan artifacts worth $8.5 million bound for black market
Italian authorities have announced the seizure of an illegal excavation of an Etruscan burial site in the central Umbria regionWorld - ABC News - November 19 -
Inside the $3 billion school security industry as shootings continue
Products like AI surveillance monitoring and collapsible safe rooms have hefty price tags for schools, while bulletproof backpacks and school supplies are marketed to fearful parents.Top stories - CBS News - November 19 -
Comcast Greenlights $7 Billion Spinoff of NBCUniversal Cable Channels
The new venture will house channels like E!, USA and MSNBC, and Comcast also announced several leadership changes.Business - The Wall Street Journal - November 20 -
Elon Musk's xAI Startup Is Valued at $50 Billion in New Funding Round
The artificial-intelligence company has told investors it raised $5 billion in its latest funding round.Tech - The Wall Street Journal - November 20 -
Thrive Capital: the venture firm staking billions on a few big bets
The ‘all in or all out’ approach of Josh Kushner’s VC business inverts the traditional venture model. Will it pay off?Business - Financial Times - November 21 -
N.Y.C. Housing Plan Moves Forward With an Unexpected $5 Billion Boost
A City Council committee passed a major proposal that would ease restrictions on housing growth in New York. The full Council is likely to approve it next month.Top stories - The New York Times - November 22 -
Amazon to invest another $4 billion in Anthropic, OpenAI's biggest rival
Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives.Business - CNBC - November 22 -
Amazon Invests an Additional $4 Billion in Anthropic, an OpenAI Rival
The tech giant doubles its investment in the startup as it aims to compete in the AI arms race.Tech - The Wall Street Journal - November 22 -
Amazon to invest an additional $4 billion in AI startup Anthropic
Amazon is investing an additional $4 billion in the artificial intelligence startup Anthropic as major technology companies rush to fund generative AITech - ABC News - November 22 -
Amazon Invests $4 Billion in Anthropic, Deepening Its A.I. Ties
Since last September, the tech giant has pumped $8 billion into the artificial intelligence start-up, a sign of intense competition in developing tools that are reshaping the tech sector.Business - The New York Times - 6 days ago -
Amazon Just Invested Another $4 Billion in AI Startup Anthropic
The shopping and computing giant is literally doubling down on enterprise AI.Business - Inc. - November 22 -
Honeywell to Sell Personal Protective Equipment Unit for $1.33 Billion
Honeywell International has agreed to sell its personal-protective-equipment business to a private-equity firm’s portfolio company for $1.33 billion in cash.Business - The Wall Street Journal - November 22 -
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U.N. Reaches $300 Billion Climate Financing Deal as Trump Looms
The U.S. and others have agreed to triple their annual climate financing by 2035, but the incoming administration is expected to repudiate the deal.World - The Wall Street Journal - 5 days ago
