Latest in Mlb's First Billion
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SBA to Get $2.2 Billion in Disaster Aid, As Congress Approves $100 Billion Ahead of Weekend Deadline
Congress has finally released its plan to replenish the Small Business Administration’s disaster aid program two months after the agency’s coffers were depleted.Inc. - 5h -
Who will be MLB's first $1 billion player?
Gunnar Henderson? Ethan Holliday? Or someone baseball fans haven't even heard of yet?Yahoo Sports - 18h -
Passan: 5 biggest takeaways from MLB's landmark pitching study
Pitchers are breaking down like never before. Baseball's 62-page report doesn't solve the problem -- but it provides a first step.ESPN - 19h -
His Startup Is Now Worth $62 Billion. It Gave Away Its First Product Free.
As CEO of Databricks, Ali Ghodsi has performed a series of ‘strategic surgeries’ to make his company one of the fastest-growing startups in Silicon Valley.The Wall Street Journal - 1d -
Carlsberg Cleared to Proceed With $4.2 Billion Britvic Deal
Carlsberg announced plans in July to buy the U.K. soft drinks giant, in a move to develop its Nordic bottling business and strengthen its presence in Western Europe.The Wall Street Journal - 1d -
MLB study: Pitching injuries tied to velocity, 'stuff'
Pitchers chasing higher velocity and better "stuff" while exerting maximum effort more often were identified as factors in the rise of arm injuries by an MLB study.ESPN - 18h -
Databricks announces $10 billion financing at $62 billion valuation
The company's new valuation is up from $43 billion in 2023.CNBC - 22h -
10 billion reasons Databricks will delay its IPO
With ample money available in private markets, Databricks, a specialist in data and artificial intelligence, is valued at $62 billion.MarketWatch - 1d -
Why a nation of 1.45 billion wants more children
India, the world's most populous country, is seeing a debate about having more babies.BBC News - 2d -
The Hunt for the Assad Dynasty's Missing Billions Begins
The family stashed away its wealth over half a century of despotic rule. Human-rights lawyers are leading efforts to find the assets—and recover them for the Syrian people.The Wall Street Journal - 3d -
Software Firm ServiceTitan Hits $9 Billion Valuation
ServiceTitan’s shares opened at $40 more apiece than the IPO price.Inc. - 5d -
Elon Musk's net worth tops $400 billion, a first for any person
Tesla CEO Elon Musk is now worth more than $400 billion, according to Bloomberg News. Here's how his wealth stacks up.CBS News - 6d -
Zalando to Bid $1.3 Billion for About You
Zalando plans to submit an offer to buy About You in a move to expand its offering in the European e-commerce fashion market.The Wall Street Journal - Dec. 11 -
MLB Draft lottery: Washington Nationals secure the first pick in 2025 draft, followed by Los Angeles Angels and Seattle Mariners
The Nats had a 10.2% chance of securing the top spot in next summer's draft.Yahoo Sports - Dec. 10 -
Analysis: After Juan Soto's megadeal, could MLB see a $1 billion contract? Probably not soon
For the second straight Major League Baseball offseason, a norm-shattering contract has been the talk of the winter, with Juan Soto agreeing with the New York Mets on a $765 million, 15-year deal ...ABC News - Dec. 10 -
Roki Sasaki free agency: What Japanese ace is looking for in his first MLB team after leaving NPB
Sasaki has officially been posted to MLB for the 2025 seasonCBS Sports - Dec. 10 -
Dodgers at MLB winter meetings: Competition for Teoscar Hernández heating up
With Juan Soto heading to the Mets, the Dodgers are expected to face tougher competition from the Red Sox and Yankees to re-sign Teoscar Hernández.Yahoo Sports - Dec. 10 -
Report: Trade interest in Giants' Doval ‘strong' across MLB
Camilo Doval had an up-and-down 2024 MLB season for the Giants, but that reportedly hasn't stopped teams from pondering a trade for the reliever.Yahoo Sports - Dec. 9 -
Coveted Sasaki officially posted to MLB teams
Japanese right-hander Roki Sasaki was posted to Major League Baseball teams and will be available to sign as a free agent from Tuesday through 5 p.m. ET on Jan. 23.ESPN - Dec. 9 -
TikTok says ban would cost U.S. small businesses, creators $1.3 billion in first month
TikTok says the economic harm from a law signed by President Joe Biden would grow if the Supreme Court does not overturn it.CNBC - Dec. 9 -
Arthur J. Gallagher to Acquire AssuredPartners for $13.45 Billion
Arthur J. Gallagher said that buying the insurance broker would expand its retail middle-market property and casualty focus across the U.S.The Wall Street Journal - Dec. 9 -
Returns are an $890 billion problem for retailers
Holiday shopping is expected to reach record levels this year.NBC News - Dec. 8 -
Roki Sasaki, Japanese pitching star, posted during MLB Winter Meetings
A 45-day window is now open and Sasaki is not expected to sign with a team until after Jan. 15Yahoo Sports - Dec. 7 -
Retail returns: An $890 billion problem
As shopping reaches a peak in the weeks ahead, retailers expect their return rate for the holidays to be 17% higher, on average, than the annual rate.CNBC - Dec. 7 -
The A’s Near Agreement for $1.75 Billion Las Vegas Stadium
A groundbreaking on the new A’s stadium is likely by the 2028 season.Inc. - Dec. 6 -
General Motors Takes $5 Billion Hit From Ailing China Business
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric vehicles from homegrown brands.The Wall Street Journal - Dec. 4 -
G.M.’s Ailing China Business Will Deal It a $5 Billion Blow
General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric and hybrid cars have taken off.The New York Times - Dec. 4 -
GM expects more than $5 billion impact from China restructuring
General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion.NBC News - Dec. 4 -
Billion-dollar future: Dodgers deferred pay at $1B
New contracts for Blake Snell and Tommy Edman increased the Dodgers' obligations for deferred payments to more than $1 billion owed to seven players from 2028-46.ESPN - Dec. 3 -
AT&T plans to plow $20 billion into buybacks in signal of business turnaround
AT&T’s stock is rising as the company will bring back share repurchases alongside an expected $20 billion-plus in continued dividend commitments over the next three years.MarketWatch - Dec. 3 -
SpaceX’s $350 billion private valuation signals an IPO is off the table for now
Elon Musk’s space business is part of a trend of companies staying private, as its private-market valuation jumps by more than $100 billion with a proposed sale of shares.MarketWatch - Dec. 3 -
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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 $1.3 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 -
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 -
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 -
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
