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Siemens to Buy Altair in $10.6 Billion Equity Deal
The German industrial giant is acquiring software and technology company Altair, a deal that will increase Siemens’s digital business revenue.Business - The Wall Street Journal - October 30 -
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 - 2 days ago -
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 - 10 hours ago -
Watch Providence Friars vs. Hampton Pirates: How to live stream, TV channel, start time for Tuesday's NCAA Basketball game
How to watch Providence vs. Hampton basketball gameSports - CBS Sports - Yesterday -
Boeing’s bonds signal view that company has bought time with credit-raters to avoid slide to junk
Boeing Co., under pressure to boost liquidity, filed a $25 billion shelf registration Tuesday to offer equity or debt over the next three years and announced a new credit agreement with lenders.Business - MarketWatch - October 16 -
Boeing to raise as much as $25 billion to shore up balance sheet
The equity or debt raise of up to $25 billion would be over three years Boeing said.Business - CNBC - October 16 -
Boeing Seeks to Line Up Billions in Financing as Strike Goes On
The aerospace giant said it could raise as much as $25 billion in debt or equity over the next three years, including a $10 billion line of credit.Business - The New York Times - October 15 -
Boeing to Sell at Least $10 Billion in Shares to Plug Cash Drain
The jet maker moves to raise much needed cash and secures a new credit line amid paralyzing machinist strike.Business - The Wall Street Journal - October 15 -
With $32 Billion in Aid, Native Americans Push Against History of Neglect
A pandemic relief bill set aside long-term funds for tribal lands that have lacked the tax revenue, and infrastructure, to spur businesses and wealth.Business - The New York Times - October 15 -
Trump Media’s Stock Price Soars, Adding $2 Billion to Trump’s Stake
The sharp rise in the share price of the parent of Truth Social has added about $2 billion to the net worth of former President Donald J. Trump.Business - The New York Times - October 15 -
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Boeing to raise as much as $25 billion to shore up balance sheet
Boeing said Tuesday that it could raise as much as $25 billion in shares or debt over three years, a move to increase liquidity as the troubled manufacturer faces a more than monthlong machinist ...Top stories - NBC News - October 15 -
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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 -
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Federal Government Approves $1.8 Billion in Hurricane Recovery Funds
After two major storms, the Biden administration has set nearly $2 billion in hurricane recovery funds.Business - Inc. - October 16 -
Helene, Milton losses expected to surpass "truly historic" $50 billion each
Hurricanes Helene and Milton caused so much complex havoc that damages totals are likely join the infamous ranks of Katrina, Sandy and Harvey as super costly $50-billion-plus killers, experts say.Top stories - CBS News - October 17 -
Lucid stock tumbles following public offering to raise $1.67 billion
Lucid intends to use the proceeds "for general corporate purposes, which may include, among other things, capital expenditures and working capital."Business - CNBC - October 17 -
U.S. forgives $4.5 billion in student debt for 60,000 public employees
The Biden administration's latest round of relief should have borrowers learning of their canceled debt in coming weeks.Top stories - CBS News - October 17
