Latest in Secures Billion Valuation
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Bad DOGE: Firing IRS workers will fuel tax cheating and cost billions
Cutting IRS jobs may sound appealing to some, but the long-term consequences could be disastrous.The Hill - 6d -
Trump administration frees up billions in federal aid for Pennsylvania: Shapiro
Pennsylvania Gov. Josh Shapiro (D) said the Trump administration has agreed to unfreeze more than $2 billion in state funding he claimed was unlawfully withheld, in part citing his recent lawsuit ...The Hill - 6d -
PayPal lays out strategy for Venmo to reach $2 billion in revenue in 2027
Facing competitors like Cash App, Zelle, and Apple Pay, PayPal is focused on expanding Venmo’s role in digital commerce.CNBC - 6d -
Here’s why more than $1 billion in sales was not enough for Grocery Outlet
Grocery Outlet Holding Co.’s sales topped $1 billion in the fourth quarter, slightly above Wall Street expectations, but weaker quarterly profits and 2025 guidance dragged the stock down more than ...MarketWatch - 6d -
GM raises quarterly dividend, initiates $6 billion stock buyback
General Motors said Wednesday that it is raising its quarterly dividend and initiating a new $6 billion share repurchase program.CNBC - 5d -
Eli Lilly plans at least $27 billion in new U.S. manufacturing investments
It comes as companies work to build goodwill with Trump, who has emphasized reshoring manufacturing to the U.S. and reducing reliance on foreign supply chains.CNBC - 5d -
North Korea’s $1.5 billion crypto hack exposes bitcoin’s weakness
Crypto’s vulnerability to theft will keep bitcoin from widespread useMarketWatch - 5d -
North Korea was responsible for $1.5 billion ByBit hack, FBI says
The FBI said on Wednesday that North Korea was responsible for the theft of approximately $1.5 billion in virtual assets from cryptocurrency exchange ByBit.NBC News - 5d -
FBI accuses North Korean-backed hackers of stealing $1.5 billion in crypto
The FBI has accused North Korean-linked hackers of conducting one of the largest known thefts of cryptocurrency — worth some $1.5 billion from a Dubai-based firmABC News - 5d -
Trump administration says it's cutting $60 billion in USAID foreign aid contracts
The Trump administration said it is eliminating more than 90% of the U.S.NBC News - 4d -
Trump’s Tariff Threats Revive Interest in $44 Billion Alaska L.N.G. Project
As the president pressures countries to buy more American energy, Asian officials and investors are reconsidering a hugely expensive plan stalled for decades.The New York Times - 4d -
Dell forecasts $15 billion of AI server sales this year
Dell said that it sold about $10 billion of AI-optimized servers in its fiscal 2025, and expects to sell about $15 billion in AI system sales this year.CNBC - 4d -
Trump cuts nearly $60 billion in foreign aid grants and contracts
For 60 years, the United States has believed that foreign aid in the form of international grants to provide food, medical care and other humanitarian aid would stabilize the chaotic world. In a ...CBS News - 4d -
Microsoft pulling the plug on Skype after buying it for $8.5 billion
Microsoft will soon switch off Skype, a pioneering telecom and video call platform that emerged from the rubble of the dotcom era.CBS News - 3d -
Trump administration approves nearly $3 billion arms sale to Israel
The arms sale approval comes as the first phase of the ceasefire between Israel and Hamas is set to expire on Saturday.CBS News - 3d -
Trump administration approves nearly $3 billion arms sale to Israel
The Trump administration approved a nearly $3 billion arms sale to Israel on Friday, bypassing the normal congressional review by declaring the war against Hamas an "emergency." The State ...NBC News - 2d -
Dead Athletes. Empty Stands. Billions to Keep Horse Racing Alive.
Let the sport of kings stand on its own.The New York Times - 1d -
Rubio Bypasses Congress to Send Israel $4 Billion in Arms
Secretary of State Marco Rubio’s emergency declaration calls for sending 2,000-pound bombs and other weapons to Israel as the war in Gaza continues.The New York Times - 17h -
Struggling With Errors, DOGE Deletes Billions More From List of Savings
For the second time in a week, Elon Musk’s government overhaul effort updated its “wall of receipts” to remove mistakes that inflated its success.The New York Times - 13h -
Trump announces Taiwanese chip giant's $100 billion investment in U.S.
President Trump announced that a leading Taiwanese semiconductor chip company plans to invest $100 billion in new manufacturing plants in the U.S.CBS News - 11h -
A.I. Start-Up Anthropic Closes Deal That Values It at $61.5 Billion
The announcement follows new fund-raising efforts from rivals like OpenAI, which is set to close a deal that values the company at $300 billion, and Elon Musk’s xAI.The New York Times - 12h -
Anthropic Raises $3.5 Billion, Boosted by Its Latest Claude AI Model
Anthropic’s fundraising success shows how a well-timed product launch can dazzle investors.Inc. - 10h -
Walgreens’ breakup looms as $10 billion sale to go private is reportedly in the works
Drugstore chain Walgreens Boots Alliance Inc. is closing in on a roughly $10 billion deal to sell itself to Sycamore Partners, a private-equity firm, which would then take Walgreens private and ...MarketWatch - 5h -
Musk's private security detail deputized by U.S. Marshals Service, sources say
The U.S. Marshals Service routinely deputizes police. However, the move to deputize private security officers, who are not sworn law enforcement officials, is considered unorthodoxCBS News - Feb. 21 -
How many people over 100 receive Social Security benefits?
Here's how many Social Security retirement checks go out to people 99 and older. Hint: It's far fewer than Trump claims.The Hill - Feb. 21 -
Pakistan security forces kill 6 militants in a raid in the northwest
Pakistan's military says troops acting on intelligence have raided a militant hideout in a former stronghold of the Pakistani Taliban in the country's northwestABC News - Feb. 21 -
US Marshals Service deputizes Musk's security team: reports
The U.S. Marshals Service has deputized some of tech billionaire Elon Musk's private security detail, giving them specific rights and protections of federal law enforcement agents, multiple outlets ...The Hill - Feb. 21 -
Who could secure NAACP Image Awards' most coveted wins?
Kendrick Lamar, Beyoncé and Doechii are among several artists who have already won big in the NAACP Image Awards ahead of the main event airing this Saturday on Paramount+ and BET. Former Vice ...CBS News - Feb. 21 -
Robert Morris secures 94-85 victory over Green Bay
Led by Kam Woods' 22 points, the Robert Morris Colonials defeated the Green Bay Phoenix 94-85ABC News - Feb. 21 -
Apple pulls data protection tool after UK government security row
Customers' photos and documents stored online will no longer be protected by end-to-end encryption.BBC News - Feb. 22 -
U.S., Ukraine discuss deal to exchange rare mineral rights in exchange for security
The U.S. and Ukraine are nearing a deal to exchange the rights to rare Ukrainian minerals to the U.S. in exchange for security guarantees to protect Ukraine from Russian aggression. It comes after ...NBC News - Feb. 23 -
Kohli smashes four to reach century and secure India win over Pakistan
Virat Kohli "hammers" a four to reach a century and secure India's win against Pakistan in their ICC Champions Trophy match in Dubai.BBC News - Feb. 23 -
Bessent says US-Ukraine deal has 'implicit' economic security guarantee
Treasury Secretary Scott Bessent said a U.S.-Ukraine deal featuring “strategic minerals, energy and state-owned enterprises” has an “implicit” economic security guarantee. “This deal is part of ...The Hill - Feb. 23 -
Flight from New York to India diverted to Rome after security concern
Two Italian military fighter jets flanked American Airlines Flight 292 as it arrived but the Federal Aviation Administration did not elaborate on what was the security issue aboard the plane.CBS News - Feb. 23 -
President Trump should combine extending tax cuts with fixing Social Security
It would be good fiscal policy and probably good politicsMarketWatch - Feb. 23 -
NZ secure semi-final place with victory over Bangladesh
Rachin Ravindra's "classy" century helps New Zealand book their place in the semi-finals of the Champions Trophy after a comfortable five-wicket win over Bangladesh in Rawalpindi.BBC News - Feb. 24 -
Russia and Indonesia hold talks to strengthen ties on defense and security
A top Russian security official and Indonesia’s defense minister have held talks in Jakarta as Moscow’s war on Ukraine entered its fourth yearABC News - 6d -
Why you won't receive a Supplemental Security Income check in March
It's the latest blip in the payment schedule but don't worry — beneficiaries will still receive all of their payments.The Hill - 6d -
Here's what upcoming budget negotiations may mean for Social Security
Benefit cuts are off the table for now in upcoming budget negotiations, experts say. But the agency may continue to struggle with customer service woes.CNBC - 6d