Latest in Mlb's First Billion
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MLB Winter Meetings 2024: Seven biggest questions ahead of most anticipated week of baseball's offseason
Free-agent signings, trades and more are on tap. Strap in.CBS Sports - Dec. 6 -
Insurance giant Aviva agrees to buy Direct Line for $4.6 billion
Aviva, the U.K.’s largest insurance company, has agreed to fully-acquire Direct Line for 275 pence per share, or £3.6 billion ($4.6 billion)MarketWatch - Dec. 6 -
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 -
The A's clear the last major hurdle for a $1.75 billion Las Vegas stadium
The Las Vegas Stadium Authority approved the lease, non-relocation and development documents Thursday to clear the last major hurdles for the Athletics to construct a stadium on the Strip and bring ...ABC News - Dec. 5 -
Millions hurt by credit repair firms to share $1.8 billion in refunds
Payments to victims of Lexington Law and CreditRepair.com are the largest yet by Consumer Financial Protection Bureau.CBS News - Dec. 5 -
MLB rumors: Astros make Alex Bregman an offer, Cubs get Cody Bellinger trade calls, Yankees meet with an ace
Here are your hot stove rumors for Thursday, Dec. 5CBS Sports - Dec. 5 -
MLB’s Winter Meetings begin Sunday: What should fans expect from the annual baseball gathering?
Consensus around baseball is that the meetings won’t end with Juan Soto still on the open market.Yahoo Sports - Dec. 5 -
Joe Davis joins to talk 2024 Dodgers, Soto sweepstakes & MLB debates ‘Golden At-Bat’ | Baseball Bar-B-Cast
Jake Mintz and Jordan Shusterman discuss the potential end of the Juan Soto sweepstakes, MLB’s proposed ‘Golden At-Bat’ rule, their picks for The Good, The Bad & The Uggla, and are joined by ...Yahoo Sports - Dec. 5 -
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He Was Going to Save Intel. He Destroyed $150 Billion of Value Instead.
Pat Gelsinger was one of the chip pioneer’s true believers. After his rescue strategy failed, the board lost confidence in him. How does this iconic American company survive?The Wall Street Journal - Dec. 5 -
British regulators approve $19 billion Vodafone-Three mobile merger
British regulators said the tie-up can proceed if both companies sign "binding commitments to invest billions" to roll out a 5G network across the U.K.CNBC - Dec. 5 -
How Jensen Huang, CEO of Nvidia, Is Avoiding Billions in Taxes
The chief executive of Nvidia, Jensen Huang, has taken advantage of popular loopholes in the federal estate and gift taxes, which have quietly been eviscerated.The New York Times - Dec. 5 -
Skenes elected to MLB players' union leadership as trio who moved against Meyer are dropped
The MLBPA confirmed that an eight-man executive subcommittee was elected to two-year terms.Yahoo Sports - Dec. 5 -
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 -
MLB rumors: Yankees eye ace, Plan B if they lose Juan Soto, Phillies talk trade option for Alec Bohm
Here are your hot stove rumors for Wednesday, Dec. 4CBS Sports - Dec. 4 -
MLB free agency: Where does the starting pitching market stand after signings of Blake Snell, Yusei Kikuchi and others?
Six of the top 20 free-agent starting pitchers have already inked new deals. What can we learn from their contracts?Yahoo Sports - Dec. 4 -
Hyeseong Kim, Korean star 2B, made available to every MLB team after being posted
MLB teams have until Jan. 3 to work out a deal for the 25-year-old Kim.Yahoo Sports - Dec. 4 -
FIFA Secures $1 Billion Broadcast Deal With DAZN for Club World Cup
An agreement with the London-based streaming company DAZN came just a day before the draw for the inaugural event and after other networks balked at FIFA’s demands.The New York Times - Dec. 4 -
Hye-seong Kim posted to MLB: What to know about KBO infielder, including scouting report, landing spots
MLB teams now have 30 days to reach an agreement with KimCBS Sports - 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 -
Johnson rejects Biden request for $24 billion on new Ukraine aid
House Speaker Mike Johnson on Wednesday rejected a White House request to pass $24 billion in additional aid for Ukraine by the end of the year, saying any further assistance for Kyiv would be ...The Hill - Dec. 4 -
EU Defense Spending Expected to Hit $342.6 Billion in Boon to Arms Makers
European Union countries are expected to increase their combined defense spending this year, which is likely to boost sales among arms contractors.The Wall Street Journal - Dec. 4 -
Global investigation exposes alleged billion-dollar Russian money-laundering network
UK and foreign law enforcement agencies say networks laundered cash and cryptocurrencies for organised crime gangs across the west. Operatives said to be behind a billion-dollar Russian ...The Guardian - 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 squirrel: Trump effect fuels crypto’s ‘memecoin’ boom
Tokens based on online viral moments outpace bitcoin over past month but critics say they reflect market frothFinancial Times - Dec. 4 -
MLB rumors: Juan Soto nearing decision as bidding clears $600 million, Cardinals likely to trade Nolan Arenado
MLB's hot stove is heating up as Juan Soto gets closer to a choiceCBS Sports - 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 -
MLB free agency: Red Sox add Aroldis Chapman to bullpen on one-year, $10.75 million deal, per report
Chapman's velocity may not be as gaudy as it once was but he can still sling a fastballCBS Sports - 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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Why Mets, other smart teams are interested in free agent Walker Buehler despite miserable 2024 MLB season
Buehler put up career-worst numbers during the regular season but that's not his whole storyCBS Sports - 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 $1.3 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