Latest in Nearly Billion Deficit
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President Trump threatens additional tariffs on Canada, European Union
The trade war is escalating as President Trump says he may impose additional tariffs on Canada and the EU. Canada has put 25% reciprocal tariffs on nearly $21 billion worth of American imports, ...CBS News - Mar. 13 -
Chinese EV giant BYD outpaces Tesla with annual sales of more than $100 billion
China's BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, leapfrogging Tesla as competition between the two EV rivals heats up.CNBC - 2d -
Ubisoft spins out new unit for Assassin’s Creed and other games, Tencent to take $1.25 billion stake
Ubisoft on Thursday announced it's creating a new gaming subsidiary and that Chinese technology giant Tencent will invest 1.16 billion euros ($1.25 billion) into the unit.CNBC - 13h -
Ubisoft spins out new unit for Assassin’s Creed and other games, Tencent to take $1.25 billion stake
Ubisoft on Thursday announced it's creating a new gaming subsidiary and that Chinese technology giant Tencent will invest 1.16 billion euros ($1.25 billion) into the unit.CNBC - 13h -
House GOP budget plan would cut domestic spending by $13 billion
House Speaker Mike Johnson has unveiled his plan to avert a government shutdown by Friday night. The short-term stopgap bill would fund the government until Sept. 30, increase defense spending by ...CBS News - Mar. 10 -
Canada to impose 25% retaliatory tariffs on $21 billion worth of U.S. goods
Canada will impose 25% tariffs on more than $20 billion worth of U.S. goods in retaliation for the Trump administration's steel and aluminum duties.CNBC - Mar. 12 -
'Pokémon Go' sells to Saudi-backed Scopely in $3.5-billion deal
Scopely, a mobile game company, will purchase 'Pokémon Go' and other games from developer Niantic in a deal worth $3.5 billion, the companies announced Wednesday.Los Angeles Times - Mar. 12 -
SoftBank expands its AI footprint with $6.5 billion purchase of Ampere Computing
SoftBank Group Corp. announced late Wednesday it is acquiring semiconductor designer Ampere Computing in a $6.5 billion deal that will expand its investments in AI infrastructure.MarketWatch - Mar. 20 -
Bill Chisholm agrees to buy Boston Celtics for record $6.1 billion
Symphony Technology Group managing partner Bill Chisholm agreed to buy the NBA's Boston Celtics at a $6.1 billion valuation, he announced Thursday.Yahoo Sports - Mar. 20 -
Congestion Pricing Is at Risk. So Is the M.T.A.’s $68 Billion Plan.
The M.T.A. has a five-year capital budget proposal for critical upgrades to the subway, buses and commuter railroads. The catch: It depends on $14 billion in federal funding.The New York Times - 2d -
Wrexham game halted for nearly 50 minutes because of medical incident in crowd
Wrexham's game against Wycombe Wanderers in English soccer's third tier was halted for nearly 50 minutes on Saturday because of a medical incident in the crowd. Wrexham posted on X that the ...Yahoo Sports - Mar. 15 -
Jack Dorsey’s Block to lay off nearly 1,000 workers in another reorganization
Fintech firm, operating CashApp, Square and Tidal, to close nearly 800 open jobs in second such move in just over a year. Block, Jack Dorsey’s financial technology company, plans to let go almost ...The Guardian - 2d -
Mortgage demand from homebuyers is strongest in nearly two months, but that's not saying a lot
Mortgage rates didn't move much last week, but demand from homebuyers for loans rose to the highest level in nearly two months. Rising inventory may be why.CNBC - 1d -
Experience: I’m allergic to nearly everything
You name it, I can’t be near it. Even kissing my boyfriend is risky. I’ve been diagnosed with mast cell activation syndrome (MCAS). It means your immune system is triggered too frequently and can ...The Guardian - 6d -
Yankees become first MLB team valued at more than $8 billion, plus which club saw 50% increase over last year
Forbes has estimated the average club is valued at $2.6 billionCBS Sports - 1d -
Chinese EV giant BYD outpaces Tesla with annual sales of more than $100 billion
Chinese automaker BYD reported annual revenue of 777 billion yuan ($107 billion) for 2024, leapfrogging U.S. rival Tesla as competition between the two electric vehicle rivals heats up.NBC News - 2d -
Pokémon Go Maker Niantic Sells Unit to Saudi Fund for $3.5 Billion
Scopely said it would buy Niantic’s video game business, which includes Pokémon Go, for $3.5 billion. Saudi Arabia’s sovereign wealth fund acquired Scopely in 2023.The New York Times - Mar. 13 -
Spending Bill Omits Billions for Local Projects as Congress Cedes Power to Trump
The stopgap measure the G.O.P. is pushing to avert a government shutdown omits billions of dollars in member-requested projects, another way in which Congress has ceded its power on federal spending.The New York Times - Mar. 14 -
Dow plunges nearly 900 points amid recession fears
Fueled by a trade war and recession fears, the stock market suffered its worst day of 2025 on Monday after a massive sell-off with the Dow closing nearly 900 points down. Now, investors are bracing ...NBC News - Mar. 11 -
Canada announces retaliatory tariffs on nearly C$30bn worth of US imports
Canadian government says it will follow ‘dollar-by-dollar’ approach and institute 25% tariffs on US imports. Canada announced retaliatory tariffs on nearly C$30bn worth of American imports ...The Guardian - Mar. 13 -
Silent Hill 2 Remake Is Nearly 50% Off For A Limited Time On PC
The superb 2024 remake of Silent Hill 2 is on sale for its lowest price yet on PC over at Fanatical. For a limited time, you can save nearly 50% on a Steam code for rebuilt edition of Konami's ...GameSpot - Mar. 14 -
Tech megacaps lose over $750 billion in market cap in worst day for Nasdaq since 2022
The seven most valuable tech companies lost more than $750 billion in market value on MondayCNBC - Mar. 10 -
Salesforce pledges to invest $1 billion in Singapore over five years in AI push
Salesforce on Wednesday announced plans to invest $1 billion in Singapore over the next five years.CNBC - Mar. 12 -
Americans lost $5.7 billion to investment scams in 2024, FTC says. Here's how to protect yourself
Americans lost $5.7 billion to investment fraud in 2024, up 24% from 2023, according to the Federal Trade Commission.CNBC - Mar. 15 -
Let Warren Buffet's old $1 billion offer for a perfect March Madness bracket remind you how impossible that is
Warren Buffet is offering everyone $1 billion that he knows no one will ever get.Yahoo Sports - Mar. 16 -
Google to acquire cloud security startup Wiz for $32 billion after deal fell apart last year
Google signed a "definitive agreement" to acquire Wiz for $32 billion in an all-cash dealCNBC - Mar. 18 -
Boston Celtics sold for $6.1 billion to group led by private equity executive Bill Chisholm
A group led by private equity executive Bill Chisholm is buying the NBA's Boston Celtics for $6.1 billion.CNBC - Mar. 20 -
AstraZeneca to invest $2.5 billion in Beijing hub as it looks beyond Chinese tax probe
British pharmaceutical giant AstraZeneca announced on Friday that it will invest $2.5 billion in a research and development center in the Chinese capital.CNBC - 6d -
Google's $32 billion Wiz deal may signal a turning point for slow IPO, M&A markets
Google's $32 billion acquisition of Wiz may signal the start of a friendlier initial public offering and deal activity environment.CNBC - 3d -
Spotify says it paid nearly 1,500 artists $1 million or more in royalties for 2024 streams
Spotify wrote in its annual Loud and Clear Report that nearly 1,500 artists generated more than $1 million in royalties in 2024.CNBC - Mar. 12 -
White House crypto czar says public has 'lost out on over $17 billion'
Crypto czar David Sacks argued taxpayers have lost out on billions because earlier administrations never took advantage of bitcoin in the government's possession.ABC News - Mar. 7 -
OpenAI to pay CoreWeave $11.9 billion over five years for AI data centers, services
Ahead of CoreWeave's upcoming IPO, the provider of data centers for AI has signed a five-year deal with OpenAI worth almost $12 billion.CNBC - Mar. 10 -
How a hidden benefit of a Wells Fargo asset cap removal could save the bank billions
The bank paid $2.5 billion more in remediation efforts in 2023 than in 2018, which was a year before Charlie Scharf became CEO.CNBC - Mar. 11 -
Roche takes big step in weight-loss field with $5.3 billion deal. Novo Nordisk shares fall.
Swiss drugmaker Roche on Wednesday announced a major deal in the weight-loss category, agreeing to pay up to $5.3 billion to Zealand Pharma in a licensing and development deal.MarketWatch - Mar. 12 -
Roche shares pop 5% on $5.3 billion obesity drug deal with Zealand Pharma
Swiss pharmaceutical giant Roche said Wednesday that it had struck a deal worth up to $5.3 billion to develop Zealand Pharma's obesity drug candidate.CNBC - Mar. 12 -
Binance secures ‘largest investment ever’ in crypto as Abu Dhabi’s MGX pledges $2 billion
Emirati state-owned investment firm MGX announced a $2 billion investment into Binance, marking the cryptocurrency exchange's first institutional investment.CNBC - Mar. 13 -
Tampa Bay Rays withdraw from planned $1.3 billion ballpark, citing storms and delays
The Tampa Bay Rays on Thursday withdrew from a $1.3 billion ballpark project, citing hurricanes and delays that likely will drive up the proposal’s cost.NBC News - Mar. 13 -
Tampa Bay Rays withdraw from planned $1.3 billion ballpark in St. Petersburg, citing storms, delays
The Tampa Bay Rays on Thursday withdrew from a $1.3 billion ballpark project, citing hurricanes and delays that likely will drive up the proposal’s costABC News - Mar. 13 -
DOT bans nearly all helicopters from Washington Reagan Airport airspace after midair collision
After the NTSB issued two urgent safety recommendations, the secretary of transportation permanently restricted Washington Reagan National Airport airspace to nearly all helicopter traffic. The ...CBS News - Mar. 12 -
Nearly 100 protesters arrested after sit-in at Trump Tower in NYC to demand release of Mahmoud Khalil
Nearly 100 protesters were arrested Thursday following a sit-in at Trump Tower in Manhattan to demand the release of Mahmoud Khalil, a Palestinian activist detained over the weekend by federal ...NBC News - Mar. 13