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Canada hits U.S. with $21 billion of retaliatory tariffs as global trade war heats up
The first shots of President Donald Trump’s global trade war have been fired.NBC News - 1d -
Spotify says it paid $10 billion in royalties in 2024 — but only 4% of its artists make a living
The music-streaming giant has long been the target of criticism from artists about paltry payments, but said it doled out record royalties last year.MarketWatch - 1d -
EU and Canada retaliate after Trump’s metals tariffs take effect
Brussels and Ottawa hit tens of billions of dollars' worth of US imports with leviesFinancial Times - 1d -
Mallinckrodt and Endo to combine after emerging from bankruptcy linked to opioid crisis
Groups have resolved billions of dollars in claims for selling highly addictive painkillersFinancial Times - 21h -
We 'must act': Europe retaliates against Trump's 25% tariffs on steel and aluminum imports
The European Union said it would impose counter-tariffs on 26 billion euros ($28.33 billion) worth of U.S. goods starting in April in response to the duties.CNBC - 1d -
‘You are free again’: farewell letters of executed Belgian resistance fighters found, 80 years on
Last words shed new light on the lives and deaths of the ‘ordinary people’ who stood up to Nazi regime. Christel Van Iseghem was sitting in a radio studio when she heard the last words of her great ...The Guardian - 4d -
Controlled-release fertilizers can spread microplastics on US cropland – study
Tiny bits of plastic can end up in water and soil at alarming levels, said lead author of University of Missouri paper. Fertilizers that shed microplastics are increasingly spreading on America’s ...The Guardian - 2d -
Ruth Marcus explains Washington Post exit
Longtime Washington Post columnist Ruth Marcus shed light on her departure from the newspaper this week, knocking its billionaire owner Jeff Bezos and his recent directive to overhaul the Post's ...The Hill - 1d -
Hugging Face co-founder Thomas Wolf just challenged Anthropic CEO’s vision for AI’s future — and the $130 billion industry is taking notice
Hugging Face co-founder Thomas Wolf challenges Anthropic CEO Dario Amodei's "compressed 21st century" vision, arguing AI systems are building "yes-men on servers" rather than the revolutionary ...VentureBeat - Mar. 6 -
Prison labor, an invisible workforce of the U.S. economy
Incarcerated workers produce $2 billion in goods and $9 billion in services every year. But not all of the incarcerated are paid for their labor, which can benefit people inside and outside a ...CBS News - 4d -
Alibaba’s new open source model QwQ-32B matches DeepSeek-R1 with way smaller compute requirements
While DeepSeek-R1 operates with 671 billion parameters, QwQ-32B achieves comparable performance with a much smaller footprint.VentureBeat - Mar. 5 -
Female founders in the U.S. VC ecosystem: the good and the bad | Pitchbook (updated)
Women founders and investors raised $38.8 billion in funding in the U.S. in 2024, up 27% from the year before, according to PitchBook.VentureBeat - Mar. 6 -
Trump Signs Order to Create a ‘Crypto Reserve’
The first-of-its-kind reserve will be anchored by a stash of Bitcoin the government already owns, estimated to be worth billions of dollars.The New York Times - 4d -
Potential $7.4B Purdue Pharma opioid settlement frustrates some victims
Opioid victims are not getting a "fair shake" in potential $7.4 billion settlement, a claimant in the Purdue Pharmacy bankruptcy case says.CBS News - 4d -
Cuts to Medicare, Medicaid Would Be ‘Catastrophic for Women’s Health,’ Says Chelsea Clinton
Republicans want to slash $880 billion from the agency overseeing Medicaid. There’s no way to do so without touching benefits.Inc. - 3d -
Social Security to increase overpayment withholdings to 100% from 10%
The clawback reversal would apply to new overpayments and will save $7 billion over 10 years.MarketWatch - 3d -
UN to rent Bangladesh property owned by former regime associate
Sobhan family under scrutiny amid efforts to claw back billions of dollars allegedly lost under Sheikh Hasina’s ruleFinancial Times - 3d -
Junior Bridgeman, NBA player-turned-billionaire businessman and Bucks minority owner, dies at 71
Bridgeman played more than a decade in the NBA before amassing a reported $1.4 billion in wealthCBS Sports - 2d -
Monopoly Go maker Scopely to acquire Niantic’s games business for $3.5B
Scopely has agreed to acquire Niantic's games business, which includes Pokémon Go, in a deal valued at $3.5 billion.VentureBeat - 1d -
Comcast expands partnership with Olympics, extends media rights through 2036
Comcast gained the rights to broadcast the Olympic Games through 2036 as part of a new $3 billion agreement with the International Olympic Committee.CNBC - 17h -
Taxpayers will suffer if Thames Water collapses, warns regulator
Ofwat says placing Thames under government control could end up costing taxpayers billions of pounds.BBC News - 14h -
NBC to broadcast Olympics in the U.S. through 2036
Comcast NBCUniversal signs deal with IOC for U.S. broadcast rights worth $3 billion.Yahoo Sports - 12h -
Trump and DOGE Create Anxiety but Opportunity for Federal Contractors
By cutting federal employees, the Trump administration may increase its reliance on firms that take in billions through government contracts.The New York Times - 2h -
House votes to avoid government shutdown by passing temporary spending bill
The House of Representatives has passed a short-term funding bill to avert a government shutdown. The stopgap bill funds the government until Sept. 30. The measure increases defense spending by $6 ...CBS News - 2d -
Federal Grant Program Opens Door to Elon Musk’s Starlink
Under new rules from President Trump’s Commerce Department, a $42 billion high-speed internet effort will no longer favor fiber-optic cable.The New York Times - Mar. 6 -
Paramount says Trump's CBS '60 Minutes' lawsuit seeks to 'punish' network
Paramount on Thursday asked a federal judge in Texas to dismiss the $20-billion lawsuit. The media company separately has agreed to have a mediator look at the case.Los Angeles Times - Mar. 6 -
Figma in Talks With Bankers to Explore an I.P.O. This Year
The design tech company is exploring a public offering after regulators stymied its $20 billion sale to the software giant Adobe in 2023.The New York Times - 6d -
Figma in Talks With Bankers to Explore an I.P.O. This Year
The design tech company is exploring a public offering after regulators stymied its $20 billion sale to the software giant Adobe in 2023.The New York Times - 6d -
Claimant: Opioid victims not getting justice in proposed Purdue settlement
Here's why people alleging Purdue Pharma's opioids harmed them may not see much of the proposed $7.4 billion settlement in a bankruptcy case.CBS News - 4d -
Trump’s Tariffs and the Backlash From Canada and Other Countries, Explained
After a fresh wave of tariffs from the United States, Canada and the European Union said they would impose billions in levies on U.S. goods.The New York Times - 1d -
iRobot’s Future in Doubt as Board Explores Options, Including a Potential Sale
A year after Amazon abandoned its plan to purchase iRobot for $1.4 billion, the Roomba-maker warns it may not be able to continue to operate.Inc. - 1d -
Rays not moving forward with new stadium plans
The Tampa Bay Rays will not proceed with the development of a $1.3 billion baseball stadium in St. Petersburg, Florida, principal owner Stuart Sternberg said.ESPN - 13h -
How climate change is threatening the maple syrup industry
Winter turning to spring marks the sweet season for maple syrup production. But climate change is threatening the $1.5 billion industry. David Schechter explains.CBS News - 11h -
Bannon: DOGE 'waste, fraud, abuse’ cuts not enough to curb inflation
Steve Bannon said the Department of Government Efficiency (DOGE) should adjust their goal of cutting trillions of dollars in federal waste and lower the proposed amount to the billion dollar ...The Hill - 5d -
Karl Rove: Trump claims of DOGE 'fraud' discoveries will backfire
Republican strategist Karl Rove said President Trump’s claims that the Department of Government Efficiency (DOGE) has discovered “hundreds of billions” in government “fraud” will backfire when ...The Hill - 3d -
Tesla’s stock has lost its ‘Trump bump.’ Here’s the latest bad news.
Tesla’s stock is sinking after another month of bad China sales. Elon Musk has now lost about $7 billion in his stake since the election.MarketWatch - 3d -
SpaceX rocket carrying NASA's newest space telescope launches from California
The $488 million Spherex mission aims to explain how galaxies formed and evolved over billions of years, and how the universe expanded so fast in its first moments.CBS News - 2d -
Trump, Musk fuel fears of Social Security cuts with 'fraud' talk
President Trump and his billionaire adviser Elon Musk are ratcheting up false rhetoric about Social Security, repeatedly claiming the program wastes hundreds of billions of dollars in fraudulent ...The Hill - 2d -
Independent government oversight is dying
The more than 45 years of bipartisan support for independent oversight — oversight that has demonstrably improved government services and saved billions of taxpayer dollars — may be coming to an end.The Hill - 1d -
President Trump defends economic policies as EU announces retaliation against U.S. tariffs
The European Union announced retaliatory measures on about $28 billion in U.S. industrial and agricultural goods in response to President Trump's 25% increase in tariffs on steel and aluminum ...CBS News - 1d