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Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit
The tech giant’s cloud computing business picked up steam and its retail business showed resiliency.Business - The New York Times - October 31 -
Kroger Finalizes $1.37 Billion Opioid Crisis Settlement
Kroger finalized a $1.37 billion settlement in connection with the grocery chain’s role in the U.S. opioid crisis, Nevada Attorney General Aaron Ford said.Business - The Wall Street Journal - November 4 -
U.K. government cuts NatWest stake by £1 billion
The British government on Monday said it further trimmed its crisis-era investment in U.K. bank NatWest.Business - MarketWatch - November 11 -
Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion
Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating “cutting-edge” electric-vehicle technology.Business - MarketWatch - 5 days ago -
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Samsung Electronics Plans $7 Billion Share Buyback
The South Korean technology giant’s stock repurchase plan comes amid investor concerns over its flagship memory-chip business, which is missing out on the artificial intelligence boom.Business - The Wall Street Journal - 3 days ago -
MicroStrategy’s stock surges on $4.6 billion bitcoin buy
MicroStrategy shares are surging on the software company and cryptocurrency play’s $4.6 billion bitcoin buy.Business - MarketWatch - 10 hours ago -
Perplexity AI Hopes to Double Its Valuation to $8 Billion
The Jeff Bezos-backed AI company is looking to raise around $500 million in its new funding round.Business - Inc. - October 20 -
Perplexity AI seeks valuation of about $9 billion in new funding round
Perplexity started the year with a roughly $500 million valuation and has continued attracting significant investor interest alongside the generative AI boom.Business - CNBC - October 21 -
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SAP Gains $26 Billion in Market Value, Surging Past ASML
The German business-software company’s shares climbed more than 5% after it raised its revenue and earnings forecasts for the year on strong demand for AI.Business - The Wall Street Journal - October 22 -
Boeing reports $6.1 billion loss as strike takes toll on plane maker
Boeing reported a massive third-quarter loss, partly due to billions in charges from its airline programs as well as the current strike.Top stories - CBS News - October 23 -
Boeing reports $6 billion loss ahead of pivotal union vote
Boeing reported losses topping $6 billion last quarter as voting kicks off Wednesday on a labor contract that could put an end to a weeks-long strike that has crippled the aviation giant. “It will ...Politics - The Hill - October 23 -
G7 Finalizes $50 Billion Ukraine Loan Backed by Russian Assets
The economic lifeline is expected to be disbursed by the end of the year.Business - The New York Times - October 24 -
Boeing workers to vote on ending strike as company reports billions in quarterly losses
Striking Boeing workers are set to vote on a new contract offer Wednesday after the company announced a $6 billion loss in its third-quarter earnings. CBS News senior transportation correspondent ...Top stories - CBS News - October 23 -
Boeing Awaits Strikers’ Vote, Reports $6 Billion Quarterly Loss
The 30,000 union workers who walked off the job six weeks ago vote on a new contract proposal as the plane maker keeps reeling from a brutal year.Business - Inc. - October 23 -
North Carolina lawmakers convene again to address Hurricane Helene's billions in damages
North Carolina state legislators are returning to work to consider further relief for recovery from Hurricane HeleneTop stories - ABC News - October 24 -
Meet ZachXBT, the Masked Vigilante Tracking Down Billions in Crypto Scams and Thefts
He just untangled a $243 million bitcoin theft, what may be the biggest-ever crypto heist to target a single victim. And he has never shown his face.Tech - Wired - October 24 -
Hurricane Helene's damage in North Carolina estimated at record $53 billion
The catastrophic flooding and destruction caused by Hurricane Helene in western North Carolina likely caused at least a record $53 billion in damages and recovery needs, state officials say.Top stories - CBS News - October 24 -
Medicare Advantage plans get billions for dubious diagnoses: Report
Medicare Advantage plans run by private insurers are reaping billions by making home visits for senior citizens.Top stories - CBS News - October 24 -
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ServiceNow flirts with $200 billion market cap as AI momentum draws cheers
ServiceNow’s stock is on track for a record close Thursday following an upbeat earnings report.Business - MarketWatch - October 24 -
Chancellor to change debt rules to release billions for infrastructure spending
Rachel Reeves tells the BBC the change will allow the government to borrow more money - but cuts are still expected in her first Budget next week.Top stories - BBC News - October 25 -
Outside spending eclipses $1 billion in the presidential race, setting a new record
Outside groups have poured a record-breaking $1.1 billion into the presidential race with less than two weeks to go before Election Day.Top stories - NBC News - October 24 -
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The Paris conference for Lebanon raises $1 billion in pledges for humanitarian and military support
An international conference for Lebanon in Paris raised $1 billion in pledges for humanitarian aid and military supportWorld - ABC News - October 24 -
Harris, Trump and Allies Spend Over a Half-Billion Dollars in 16 Days
Donald Trump has now raised $1 billion since announcing his run for president. And he has Elon Musk’s $119 million. But Kamala Harris has a huge cash advantage.Top stories - The New York Times - October 25 -
A Psychologist Explains Why Americans Spend Billions to Scare Themselves Silly on Halloween
Why do Americans shell out north of $12 billion on Halloween? A psychologist explains the appeal of scaring ourselves silly.Business - Inc. - October 25 -
Thames Water Proposes $3.9 Billion Funding Deal to Continue Operations
The U.K. water company said the deal would enable the debt-laden company to continue with its planned investment and maintenance of its infrastructure.Business - The Wall Street Journal - October 25 -
Biden administration announces $3 billion for rural electric co-ops
The Biden administration announced more than $3 billion Friday in funding for seven rural electric cooperatives, part of a broader effort to promote renewable energy in rural areas. The grants ...Politics - The Hill - October 25 -
Trump mass deportation plan could cost billions a year
Immigration experts say Donald Trump's mass deportation plan, if carried out, could be complicated and cost billions a year. It could also lead to more family separations.Top stories - CBS News - October 27