Latest in Record Billion
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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 - 1d -
Still in her record-breaking era: Taylor Swift tour smashes record with $2-billion revenue
Taylor Swift's record-breaking Eras tour concluded Sunday. Her production company, Taylor Swift Touring, confirmed that it sold more than $2 billion in tickets.Los Angeles Times - 2d -
Holiday travel expected to break records again
The end-of-the-year holiday travel rush begins next week and AAA is expecting more than 119 million travelers. Most, 107 million, will drive, with gas prices nearly $.15 cheaper than a year ago.CBS News - 17h -
Sources: Yanks get Fried for $218M, record for LHP
Max Fried and the Yankees agreed to an eight-year, $218 million contract, sources told ESPN on Tuesday, the largest guarantee for a left-handed pitcher.ESPN - 19h -
Gómez's Miami-Brighton move sets MLS record
Brighton have agreed to sign 21-year-old Diego Gómez from Inter Miami, the Premier League club said Tuesday.ESPN - 23h -
Coffee price surges to highest on record
Coffee drinkers are set to feel the pinch from high prices after crops got hit by drought and heavy rainfall.BBC News - 1d -
Women's sports set financial, attendance and viewership records
This year, women's sports are shattering records. Women's elite sports around the world are projected to generate more than a billion dollars in revenue for the first time. The National Women's ...CBS News - 1d -
Sony Shares Top Record Closing High
The Japanese company’s shares climbed to a new record close, driven by growing hopes for its games segment and other entertainment businesses.The Wall Street Journal - 1d -
Taylor Swift’s Eras Tour Made a Record $2 Billion of Ticket Sales
Over 21 months, the pop superstar’s culture-dominating stage show doubled the gross of its closest competitor, according to ticket sales figures confirmed for the first time.The New York Times - 2d -
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 - 2d -
Scheffler equals record for most wins in a year
Scottie Scheffler produces a superb final round to cap a fine year by retaining his Hero World Challenge title.Yahoo Sports - 3d -
Scheffler equals record for most wins in a year
Scottie Scheffler produces a superb final round to cap a fine year by retaining his Hero World Challenge title.BBC News - 3d -
Returns are an $890 billion problem for retailers
Holiday shopping is expected to reach record levels this year.NBC News - 3d -
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 - 4d -
Average house price hits record high of £298,083
The UK's largest mortgage lender said the average house price hit £298,083 last month.BBC News - 5d -
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. - 6d -
U.S. sets Thanksgiving record for whooping cough cases
At least 364 pertussis cases were reported, marking the worst Thanksgiving week on record.CBS News - 6d -
Stock buybacks soar as holiday rally breaks records
Buyback plans surge to a fresh record as stock market heads for biggest two-year gain in a quarter-centuryMarketWatch - 6d -
Stokes backs Crawley to improve dismal NZ record
England captain Ben Stokes backs opener Zak Crawley to improve his dismal record against New Zealand in the second Test in Wellington.BBC News - 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 -
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 -
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 -
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 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 -
W.N.B.A. Unveils 2025 Schedule, With a Record Number of Games
Teams will play 44 games during the league’s 29th season.The New York Times - Dec. 2 -
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 -
Cyber Monday shoppers expected to set new records
Cyber Monday could mark the biggest day in sales for e-commerce this year. CBS News' Nancy Chen is tracking the consumer news as the holiday shopping season begins.CBS News - Dec. 2