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Country Garden Lost $24.33 Billion in 2023
The Chinese developer released its long-delayed results showing that its net loss narrowed in the first half of 2024 following a record loss in 2023.The Wall Street Journal - Jan. 14 -
Canada Approves Bunge's $8.2 Billion Deal for Viterra
Canada has approved Bunge’s $8.2 billion deal for Glencore-backed Viterra, as the companies agreed to concessions to address previous antitrust concerns.The Wall Street Journal - Jan. 14 -
Capital One Is Accused of Cheating Customers Out of $2 Billion
Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as rates rose.The New York Times - Jan. 14 -
How to Pay Your Taxes Online
Paying US federal and state taxes online can be confusing, and one wrong move can result in penalties or extra money owed. We break it down so you can have the most worry-free tax filing possible.Wired - Jan. 14 -
Johnson & Johnson makes $15 billion bet on mental-health drugs
Pharma giant Johnson & Johnson is buying Intra-Cellular Therapies, eying sales growth above analysts’ expectations through 2029.MarketWatch - Jan. 13 -
Apple Faces $1.8 Billion Lawsuit in U.K. Court Over App Store
Lawyers representing the class action said that Apple excluded potential rivals from competing for customers on devices running its iOS operating system by forcing developers to sell their apps ...The Wall Street Journal - Jan. 13 -
‘Will Pay Any Amount’: Private Firefighters Are in Demand in L.A.
Hiring a private fire crew costs thousands of dollars a day, and most work through government contracts or with insurance companies. Some wealthy property owners are calling them in directly.The New York Times - Jan. 13 -
UK moves closer to Chagos Islands deal with Mauritius
Last-minute push to finalise agreement on crucial military base before inauguration of Donald TrumpFinancial Times - Jan. 13 -
'Arteta paying price for not curing glaring Arsenal weakness'
Arsenal's season is in the balance, as their FA Cup exit highlights manager Mikel Arteta's failure to sign a striker.BBC News - Jan. 12 -
Chronic Pain Afflicts Billions of People. It’s Time for a Revolution.
As many as two billion people suffer from it — including me. Can science finally bring us relief?The New York Times - Jan. 12 -
As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump
The wildfire may be the costliest disaster in California history.Inc. - Jan. 10 -
McMahon to pay millions for failing to disclose settlements: SEC
Vince McMahon will pay $1.7 million to for failing to disclose two settlements he had with employees while he ran the WWE.ABC News - Jan. 10 -
EU Competition Regulator Conditionally Clears Synopsys' $35 Billion Ansys Deal
The commission said that the companies’ offer to sell two business units to a rival fully addresses its concerns.The Wall Street Journal - Jan. 10 -
Sainsbury's raises pay but is cautious on hiring
The supermarket chain will lift wages to £12.60 but expects costs to increase after Budget measures.BBC News - Jan. 10 -
Fox Must Face Smartmatic’s $2.7 Billion Defamation Lawsuit, Court Rules
The complaint, which arose out of Fox News’s promotion of vote-rigging conspiracy theories after the 2020 U.S. presidential election, is on track to proceed to trial.The New York Times - Jan. 9 -
Kroger agrees to pay $110M to Kentucky in opioid settlement
The Kroger Co. has agreed to pay Kentucky $110 million to settle a lawsuit filed last year alleging it pumped millions of doses of opioids into the state over the course of more than a decade. ...The Hill - Jan. 9 -
Argentina pays bondholders $4.3bn in key test for Milei
Largest payment since 2020 restructuring boosts bond prices but challenging repayments loomFinancial Times - Jan. 9 -
Trump pays his respects to Jimmy Carter at the Capitol
President-elect Donald Trump paid his respects to former President Jimmy Carter on Wednesday at the Capitol Rotunda.ABC News - Jan. 9 -
Trump pays respects to President Carter
President-elect Donald Trump and his wife Melania paid respects to President Jimmy Carter as he lies in state at the U.S. Capitol.NBC News - Jan. 8 -
Anthropic in Talks for $2 Billion Funding Round
The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.The New York Times - Jan. 8 -
Shutterstock and Getty Merge to Meet AI Challenge in $3.7 Billion Deal
The two big players in the licensed visual content will pair up to counter threats from artificial intelligence tools like Midjourney.Inc. - Jan. 8 -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - Jan. 8 -
Many Pay Their Respects to Jimmy Carter in the Georgia Cold
It was a once-in-a-lifetime chance to pay their respects to a president. They were not going to miss it, even if meant waking up in the middle of the night.The New York Times - Jan. 8 -
UK offers to frontload payments in Chagos Islands talks
Officials are racing to conclude deal before Donald Trump takes office later this monthFinancial Times - Jan. 8 -
Anthropic’s $60 billion valuation would obscure a stark reality in AI
Anthropic may be joining rival OpenAI with its own eye-popping valuation, but the hefty valuations for the two biggest AI startups obscure the fact that, for now, these companies are burning ...MarketWatch - Jan. 8 -
Universities need new ways to make their research pay
Public and private funding are both vital for institutions such as the University of York as international student fees fallFinancial Times - Jan. 8 -
AI Startup Anthropic Raising Funds Valuing It at $60 Billion
The Amazon-backed OpenAI rival was valued at $18 billion last year.The Wall Street Journal - Jan. 7 -
Trump Blurs Lines in $20 Billion Data Center Announcement and Other Deals
Even before the start of the new administration, there has been repeated blurring of lines between the federal government efforts and Trump family businesses.The New York Times - Jan. 7 -
Getty Images, Shutterstock to Combine in $3.7 Billion Deal
Getty shareholders will own about 54.7% of the combined company, which will retain the Getty name. Shares of both companies surged on the news.The Wall Street Journal - Jan. 7 -
Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - Jan. 7 -
Getty Images to buy Shutterstock as part of $3.7 billion visual content expansion
Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock image powerhouse geared for the artificial intelligence era, in a deal that would likely draw ...NBC News - Jan. 7 -
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Thousands expected to pay respects to Jimmy Carter in the Capitol
Despite winter weather delays, Jimmy Carter will be moved from his home state of Georgia to Washington D.C. where he will lie in state at the U.S. Capitol before his public funeral on Thursday. NBC ...NBC News - Jan. 7 -
Microsoft Plans to Invest $3 Billion on AI, Cloud Infrastructure in India
The company plans to grow the company’s Azure cloud business in India and set up new data centers.The Wall Street Journal - Jan. 7 -
How much sick pay is too much sick pay?
The contrasting cases of Germany and the UK are revealing about policy trade-offsFinancial Times - Jan. 7 -
Phillips 66 to Buy EPIC NGL for $2.2 Billion
Phillips 66 will buy EPIC NGL for $2.2 billion to help the Houston oil refiner grow its Permian midstream business.The Wall Street Journal - Jan. 6 -
Stryker to Acquire Inari Medical in Deal Valued at $4.9 Billion
Inari makes mechanical thrombectomy solutions designed to treat peripheral vascular diseases. Stryker said the deal would be complementary to its neurovascular business.The Wall Street Journal - Jan. 6