Latest in Spend Billions Shifts
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Germany’s spending push drives up borrowing costs across Eurozone
Investors warn that higher bond yields could make it harder for members of the bloc to increase defence spendingFinancial Times - 2h -
Alphabet to buy cybersecurity startup Wiz for $32 billion
Google owner Alphabet has agreed to buy cybersecurity startup Wiz for $32 billionABC News - Mar. 18 -
Ashton Hall’s Unconventional Morning Routine Has Drawn Nearly a Billion Views
Ashton Hall’s unconventional morning routine has drawn close to a billion views, and scores of copycat videos.The New York Times - 5d -
Musk’s xAI Buys Social Media Platform X for $45 Billion
Elon Musk said on X that ‘xAI and X’s futures are intertwined.’ He bought Twitter for $44 billion in 2022.Inc. - 2d -
To Secure $40 Billion, OpenAI Must Complete For-Profit Transition by End-Year
SoftBank can reduce funding to $20 billion if OpenAI fails to fully transition by the deadline.Inc. - 1d -
In Trump era, companies are rebranding DEI efforts, not giving up
Most companies are continuing related work, but shifting the language.CNBC - 18h -
Timeline: The Trump administration's shifting stance on the Signal chat debacle
The Trump administration is still grappling with the revelation from Monday that several senior officials discussed plans to strike Houthi rebels in Yemen in a Signal chat that inadvertently ...NBC News - 3d -
Will Michael Bennet Shift his Fight Against Trump to the State House?
The Colorado senator, raised to revere the world’s greatest deliberative body, seems ready to give up on Washington.Politico - 1d -
Portugal cautious on joining Europe’s defence spending splurge
Finance minister says Lisbon will not let rearmament costs threaten budget surplus secured after years of austerityFinancial Times - 2h -
DOGE Was Created to Save the Government Money. It May End Up Costing Billions Instead
DOGE reports it has saved $130 billion, but between lost tax income and severance costs, the unit may wind up costing the U.S.Inc. - 1d -
Purdue Pharma submits opioid lawsuit settlement plan, including up to $7 billion cash from Sacklers
Members of the Sackler family who own the OxyContin maker Purdue Pharma would hand over the company and up to $7 billion in cash in the latest plan to settle thousands of lawsuits over the toll of ...ABC News - Mar. 19 -
US gives initial approval for Qatar to purchase MQ-9 armed drones for nearly $2 billion
The United States has given an initial approval for the energy-rich Mideast nation of Qatar to buy eight armed MQ-9B Predator drones for its military, an estimated purchase worth nearly $2 billionABC News - 3d -
Elon Musk sells X to his own xAI for $33 billion in all-stock deal
Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on FridayABC News - 2d -
Russell Vought, Trump’s Budget Chief, Wants to Cut ‘Woke’ Spending
Russell T. Vought, leader of the Office of Management and Budget, aims to marry extreme austerity with his Christian values.The New York Times - 2d -
FirstFT: German borrowing spree may complicate defence spending in rest of EU
Also in today’s newsletter, Trump threatens more Russia sanctions and the WhatsAppification of workFinancial Times - 2h -
Declining Eid travel and spending in Indonesia and discrimination in India dampen holiday spirit
The usual festive mood of Eid al-Fitr holiday to mark the end of the Islamic holy month of Ramadan has been subdued in Indonesia this year as people grapple with soaring prices for food, clothing ...ABC News - 37m -
The New Space Economy: What Business Leaders Need to Know
The private sector is revolutionizing space exploration. Here’s how forward-thinking companies can capitalize on this cosmic shift.Inc. - 2d -
Republicans grill PBS, NPR chiefs as Democrats mock proceedings
The two public media entities have become frequent targets in the GOP's efforts to reduce government spending.Los Angeles Times - 4d -
Inflation Remained Sticky Ahead of Trump’s Escalating Trade War, PCE Data Shows
The Federal Reserve’s preferred inflation measure showed underlying price pressures persisting in February, as inflation-adjusted spending stayed muted.The New York Times - 2d -
The people vs Musk: billionaire transforms Wisconsin court contest
State election has become most expensive judicial race in US history as Tesla boss spends unprecedented amountFinancial Times - 2h -
Weak oil price adds to strain on Saudi mega-projects
Kingdom prepares to unwind production cuts but puts at risk its ambitious spending planFinancial Times - 2h -
Trump Administration Abruptly Cuts Billions From State Health Services
States have been told that they can no longer use grants that were funding infectious disease management and addiction services.The New York Times - 4d -
SpaceX Faces Fresh Competition for $5.6 Billion in Government Contracts
Rocket Lab and startup Stoke Space were selected to compete for Department of Defense contracts through 2029.Inc. - 2d -
Moore and Rinzel each make their NHL debut with the Blackhawks
The Chicago Blackhawks got a closer look at two of their top prospects when Oliver Moore and Sam Rinzel each made their NHL debut Sunday. Moore had 17 shifts and skated for more than 15 minutes ...Yahoo Sports - 6h -
Real Madrid likely to field fringe first-team star if they qualify for Copa Del Rey final
Following a narrow 3-2 win over Leganes over the weekend, Real Madrid will now shift focus to Copa Del Rey, where they take on Real Sociedad on Tuesday.This game will serve as the second leg of the ...Yahoo Sports - 1h -
Canadians pull back on U.S. trips, threatening to widen United States' $50 billion travel deficit
Some carriers are cutting back U.S. flights from Canada due to weaker demand.CNBC - 1d -
Elon Musk says xAI has acquired X in deal that values social media site at $33 billion
In a social media post on Friday, Elon Musk said his startup xAI has acquired his social media company X.CNBC - 8h -
California wildfires left behind 9 billion pounds of toxic ash and debris | 60 Minutes
After the wildfires ravaged homes in Los Angeles, California, cleanup crews faced a new challenge: electric car batteries that can explode when damaged.CBS News - 5h -
Tencent invests $1.25B in Ubisoft’s new core games operating division
Tencent has invested $1.25 billion in a new Ubisoft operating division that includes the core games Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six brands. Ubisoft, the French video game ...VentureBeat - 3d
