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Lucid aims to double EV production this year, stock rallies nearly 10%
Shares of Lucid Group Inc. shot up in after-hours trading Tuesday after the luxury EV maker narrowed its quarterly loss and announced a CEO change.MarketWatch - 3d -
Southwest plane nearly collides with business jet on Chicago runway
A Southwest Airlines plane aborted its landing to avoid hitting a private business jet that was crossing the runway, narrowly avoiding tragedy at Chicago's Midway Airport. The National ...CBS News - 3d -
Norovirus sickens nearly 80 passengers on cruise that left from Florida
It's the second Holland America Line ship to have dozens of passengers fall ill this month, according to the CDC.CBS News - 2d -
FirstFT: Nvidia revenues beat forecasts and jump nearly 80%
Also in today’s newsletter, Trump threatens EU with tariffs, and 7-Eleven owner’s founding family ditches buyout bidFinancial Times - 2d -
Is nearly a quarter of Gen Z really queer — or is something else going on?
Gen Z Americans are increasingly identifying as LGBTQ+, a trend that may be linked to the growing feeling of disconnection and disillusionment in the younger generation, as well as the lack of ...The Hill - 1d -
Flow of U.S. Weapons to Ukraine Has Nearly Stopped and May End Completely
The Biden administration saw the $67 billion in military assistance it provided to Kyiv as essential. Trump sees any further aid as leverage.The New York Times - 11h -
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 - Feb. 21 -
$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 - Feb. 22 -
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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 - 4d -
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 - 4d -
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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. - 4d -
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 - 4d -
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 - 4d -
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 - 4d -
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 - 4d -
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 - 3d -
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 - 3d -
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 - 3d -
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 - 3d -
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 - 2d -
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 - 2d -
North Korea’s $1.5 billion crypto hack exposes bitcoin’s weakness
Crypto’s vulnerability to theft will keep bitcoin from widespread useMarketWatch - 2d -
North Korea was responsible for $1.5 billion ByBit hack, FBI says
The FBI said on Wednesday that North Korea was responsible for the theft of approximately $1.5 billion in virtual assets from cryptocurrency exchange ByBit.NBC News - 2d -
FBI accuses North Korean-backed hackers of stealing $1.5 billion in crypto
The FBI has accused North Korean-linked hackers of conducting one of the largest known thefts of cryptocurrency — worth some $1.5 billion from a Dubai-based firmABC News - 2d -
Trump administration says it's cutting $60 billion in USAID foreign aid contracts
The Trump administration said it is eliminating more than 90% of the U.S.NBC News - 2d -
Stripe's valuation climbs to $91.5 billion in secondary stock offer
Stripe announced a tender offer on Thursday that values the company at close to its peak valuation from 2021.CNBC - 1d -
Trump’s Tariff Threats Revive Interest in $44 Billion Alaska L.N.G. Project
As the president pressures countries to buy more American energy, Asian officials and investors are reconsidering a hugely expensive plan stalled for decades.The New York Times - 1d -
Dell forecasts $15 billion of AI server sales this year
Dell said that it sold about $10 billion of AI-optimized servers in its fiscal 2025, and expects to sell about $15 billion in AI system sales this year.CNBC - 1d -
Dead Athletes. Empty Stands. Billions to Keep Horse Racing Alive.
Let the sport of kings stand on its own.The New York Times - 20h -
Microsoft pulling the plug on Skype after buying it for $8.5 billion
Microsoft will soon switch off Skype, a pioneering telecom and video call platform that emerged from the rubble of the dotcom era.CBS News - 17h -
Alibaba shares soar nearly 15% after stellar earnings as China's e-commerce sector recovers
Alibaba has been making 'significant strides' in advancing its AI cloud business after launching its Qwen 2.5-Max flagship AI foundation model, Barclays wrote in a note.CNBC - Feb. 21 -
History of Yankees' no-beard policy: George Steinbrenner's facial hair rules changed after nearly 50 years
Steinbrenner's son, Hal, announced a major change on Friday morningCBS Sports - Feb. 21 -
Plaxico Burress' Giants Super Bowl ring sells for $280,600 at auction, nearly breaking record
Burress was a member of the 2007 Giants team that dethroned the previously undefeated Patriots in Super Bowl XLIICBS Sports - 4d -
Search underway at national park for man last seen nearly 2 weeks ago
The Black Canyon of the Gunnison National Park in Colorado is one of the last known locations where 31-year-old Jordan Marsters was seen, the National Park Service said.CBS News - 3d -
10-year Treasury yield ends at nearly 11-week low as economic concerns build
Yields on 2- and 10-year U.S. government debt fell for a fifth straight session on Tuesday as traders considered the risks of slowing global growth and a potential domestic recession.MarketWatch - 3d -
The number of babies born in South Korea last year rebounded for first time in nearly a decade
The number of babies born in South Korea has rebounded for the first time in nine years, welcome news for a country grappling with one of the the world’s most serious demographic crisesABC News - 2d
