Latest in Made Record Billion
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World Bank Warns of Record Debt Costs for Developing Countries
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.The New York Times - Dec. 3 -
Death sentence upheld for tycoon — unless she pays $9 billion
Truong My Lan was convicted of swindling money from Saigon Commercial Bank (SCB) and sentenced to death for fraud totaling $27 billion.CBS News - Dec. 3 -
BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion
The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.CNBC - Dec. 3 -
ServiceTitan’s planned IPO could come with a more than $5 billion valuation
The Glendale, Calif.-based company could raise up to $500 million in its initial public offering.MarketWatch - Dec. 3 -
Microsoft faces £1 billion lawsuit in UK for allegedly overcharging rival cloud firms' customers
Microsoft was accused of unfairly overcharging customers of rival cloud companies including Amazon, Google and Alibaba Cloud in a U.K. lawsuit filed Tuesday.CNBC - Dec. 3 -
Microsoft Faces $1.3 Billion Antitrust Lawsuit Over Cloud Services in U.K.
Microsoft faces a dispute in the U.K. over how it charges customers who buy cloud software services that rival its own Azure, the latest antitrust challenge to the U.S. tech giant’s approach to ...The Wall Street Journal - Dec. 3 -
Elon Musk’s $50 Billion Tesla Pay Can’t Be Reinstated, Delaware Judge Rules
The judge said she would not reverse her decision to strike down the package after Tesla shareholders approved it a second time.The New York Times - Dec. 3 -
PlayStation at 30: the console that made video games cool
Launched in Japan in December 1994, the record-breaking PlayStation started out as a CD add-on for the Super Nintendo – but ended up ushering video games into a new era all on its own. If you were ...The Guardian - Dec. 3 -
Real estate tycoon must pay $9 billion to avoid execution in Vietnam
A court in Vietnam upheld a death sentence for real estate tycoon Truong My Lan, rejecting her appeal in a $12 billion embezzlement and bribery case.NBC News - Dec. 3 -
Musk's record $56bn pay deal rejected for second time
The judge upheld her previous decision, saying board members who set the pay were too heavily influenced by Mr Musk.BBC News - Dec. 3 -
Vietnamese tycoon faces scramble to raise billions to avoid death sentence
Truong My Lan must repay three-quarters of $12bn she embezzled from bank in a case that shocked the country. The Vietnamese property tycoon Truong My Lan has lost her appeal against the death ...The Guardian - Dec. 3 -
Sanofi to Invest $1 Billion in New Insulin Manufacturing Base in China
The new base, which will be located in Yizhuang, Beijing, marks Sanofi’s second production site in the capital and its fourth in the country.The Wall Street Journal - Dec. 3 -
Patriots' shocking gamble to try 68-yard field goal on final play a decision no NFL coach had made in 10 years
The Patriots let Joey Slye attempt a record-setting field goal on the final play against the ColtsCBS Sports - Dec. 3 -
Mollie Marcoux Samaan stepping down as LPGA commissioner after 3 1/2 years of record prize money
Mollie Marcoux Samaan is leaving after more than three years as LPGA commissionerABC News - Dec. 2 -
Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
Elon Musk's pay package granted in 2018 was the largest compensation plan in U.S. history for a public company executive.CNBC - Dec. 3 -
Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
Tesla CEO Elon Musk lost his bid to get his 2018 CEO pay package reinstated on Monday when a Delaware judge upheld her prior ruling that the compensation plan was improperly granted.NBC News - Dec. 3 -
Tesla loses bid to restore Musk’s record $56bn pay package
Delaware judge rejects shareholders’ overwhelming reapproval of award for chief of electric-car makerFinancial Times - Dec. 3 -
Judge rejects Elon Musk request to reinstate his $56 billion pay package
Elon Musk was seeking to reinstate a massive 2018 Tesla pay package after shareholders had reapproved it, but a judge denied his request.CBS News - Dec. 2 -
Here's how the last-place Panthers can still win the NFC South despite a 3-9 record
There is still a path for the Panthers to reach the postseasonCBS Sports - Dec. 2 -
GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion
General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its joint venture partner LG Energy Solution.CNBC - Dec. 2 -
W.N.B.A. Unveils 2025 Schedule, With a Record Number of Games
Teams will play 44 games during the league’s 29th season.The New York Times - Dec. 2 -
Streamer Kai Cenat earns millions, breaks Twitch subscriber record during 30-day livestream
Kai Cenat, a 22-year-old live streamer, completed a so-called subathon on Saturday, streaming 24 hours a day for the entire 30 days of November.CNBC - Dec. 2 -
Here's How Many PS2s Sony Made In Its Lifetime
The PlayStation 2 is the best-selling console of all time, and now the exact number of units produced has been confirmed by a former PlayStation executive.. Over on Twitter , an image was floating ...GameSpot - Dec. 2 -
How Chairish Made the Circular Economy Work for Secondhand Furniture
The home furnishings marketplace has nailed the formula for scalability in a tricky category.Inc. - Dec. 2 -
How a Buzzy Startup Made the iPhone of Beehives to Protect Pollinators
Beewise’s AI and robotics-powered BeeHome has the potential to fortify the global food supply by keeping bees healthy.Inc. - Dec. 2 -
Americans expected to spend $13 billion total on Cyber Monday deals
Consumers are focusing on finding deals on Cyber Monday and American spending is expected to rise compared to 2023. CBS MoneyWatch correspondent Kelly O'Grady breaks down the spending trends for 2024.CBS News - Dec. 2 -
Cyber Monday shoppers expected to set new records
Cyber Monday could mark the biggest day in sales for e-commerce this year. CBS News' Nancy Chen is tracking the consumer news as the holiday shopping season begins.CBS News - Dec. 2 -
Gold hit record highs this year as real yields climbed. Here’s why the rally is so unusual.
A gold rush by central banks could help lift prices as high as $2,900 by the end of 2025, Wells Fargo Investment Institute said.MarketWatch - Dec. 2 -
Dillon Gabriel, an extra year in his pocket, takes aim at Case Keenum's career passing record: 'Is he mad?'
Count Keenum as a fan of Gabriel, and of the times he's lived throughCBS Sports - Dec. 2
