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Hurricane Milton’s insured losses could reach $50 billion, says Verisk

Data and technology company Verisk Analytics Inc. VRSK said Wednesday it estimates the insured losses to onshore property from Hurricane Milton could range from $30 billion to $50 billion.

Business - MarketWatch - October 16

Intel seeks billions for minority stake in Altera business, sources say

This move that would represent a sharp about-face from its earlier public messaging about the larger company's prospects.

Business - CNBC - October 18

Lucid CEO defends $1.75 billion capital raise following stock drop

Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.

Business - CNBC - October 22

Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise

DETROIT — Investors misinterpreted a public offering last week by Lucid Group that raised roughly $1.75 billion — and led to the stock’s worst daily performance in nearly three years — CEO Peter ...

Mexico says foreign firms have pledged $20 billion in investments, but many are old or uncertain

Mexican officials say companies have pledged $20 billion in new foreign direct investment in Mexico

Tech - ABC News - October 15

French foreign minister says conference for Lebanon raised $1 billion in pledges for humanitarian aid, military support

World - ABC News - October 24

Intel Posts More Than $16 Billion Loss but Says Sales Outlook Is Improving

The chip maker attributed nearly $16 billion in charges to its sweeping restructuring efforts. The company’s rosy sales forecast sent shares up about 8% after hours.

Business - The Wall Street Journal - October 31

These countries have the most at stake as the U.S. heads to the polls

The world is watching the presidential election as voters go to the polls Tuesday, but the vote is more consequential for some countries than for others.

Business - CNBC - 4 days ago

British regulator says $19.5 billion Vodafone-Three merger could go ahead if remedies are adopted

Telecom firms Vodafone and Three's multibillion-pound merger could go ahead if the companies adopt proposed remedies from the U.K. competition regulator.

Business - CNBC - 4 days ago

Ukraine war briefing: Biden plans military aid surge from billions still available, say reports

Zelenskyy congratulates Trump on election win – but gloom and uncertainty prevail in Kyiv. What we know on day 988. See all our coverage of the Russia-Ukraine war The Biden White House ...

World - The Guardian - 2 days ago

UK Treasury chief Rachel Reeves unveils budget with 40 billion pounds in tax hikes, says she'll “invest, invest, invest”

World - ABC News - October 30

Debt rule to change to fund major projects

Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.

Billions of levelling-up cash in limbo

Towns and cities call on the Labour government to deliver the funds promised for vital regeneration.

Mass deportation could cost billions

Bankrolling mass deportation would be costly. It would also require a lot more manpower.

Steve and Connie Ballmer on Ballmer Group

In a 60 Minutes interview, former Microsoft CEO and LA Clippers owner Steve Ballmer and his wife Connie share their vision for philanthropy and address whether they'd ever be in the market for ...

OpenAI’s Journey to $157 Billion Chronicled in Documents

OpenAI originally applied to be recognized as a tax-exempt charitable organization by the IRS in 2016.

Business - Inc. - October 13

Senegal Plans to Invest About $30.5 Billion In Development

World - Yahoo News - October 14

Singapore to Halt $1.7 Billion Allianz Deal

The Singapore government plans to put a halt to a proposed deal by Germany’s Allianz to buy a majority stake in Singapore insurance company Income Insurance.

Business - The Wall Street Journal - October 14

A $23 Billion Pension Vote Is Overshadowing Uruguay Election

World - Yahoo News - October 16

China to pump billions into ailing housing market

World - Yahoo News - October 17

Damage Estimates for Helene and Milton Pass $100 Billion

Each hurricane is likely to be a $50 billion disaster, joining the ranks of the most costly U.S. storms.

Business - Inc. - October 17

Biden Cancels Another $4.5 Billion in Student Debt

The executive decision will help 60,000 borrowers, bringing the total number of public service workers getting loan forgiveness to more than 1 million.