Billions of Levellingup Cash in Limbo

3 Top CEOs Share Their Best Cash-Flow Tips

How the executives behind UrbanStems, Luminary, and FinCore stay on top of their business’s budgets.

Inc. - 18h

Prosecution makes closing argument in murder trial over stabbing death of Cash App founder Bob Lee

Closing arguments have begun in the trial of a tech consultant in the stabbing death of Cash App founder Bob Lee in San Francisco last year

ABC News - 13h

Top tech stocks are ‘cash machines,’ so keep buying, says the dean of valuation

Aswath Damodaran, the NYU Stern School of Business finance professor, says big tech stocks are “insanely profitable,” and should be bought in case of pullbacks.

MarketWatch - 6h

Americans expected to spend $13 billion total on Cyber Monday deals

Consumers are focusing on finding deals on Cyber Monday and American spending is expected to rise compared to 2023. CBS MoneyWatch correspondent Kelly O'Grady breaks down the spending trends for 2024.

CBS News - 21h

Vietnamese tycoon faces scramble to raise billions to avoid death sentence

Truong My Lan must repay three-quarters of $12bn she embezzled from bank in a case that shocked the country. The Vietnamese property tycoon Truong My Lan has lost her appeal against the death ...

The Guardian - 9h

Real estate tycoon must pay $9 billion to avoid execution in Vietnam

A court in Vietnam upheld a death sentence for real estate tycoon Truong My Lan, rejecting her appeal in a $12 billion embezzlement and bribery case.

NBC News - 7h

Microsoft Faces $1.3 Billion Antitrust Lawsuit Over Cloud Services in U.K.

Microsoft faces a dispute in the U.K. over how it charges customers who buy cloud software services that rival its own Azure, the latest antitrust challenge to the U.S. tech giant’s approach to ...

The Wall Street Journal - 6h

BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion

The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.

CNBC - 4h

AT&T plans to plow $20 billion into buybacks in signal of business turnaround

AT&T’s stock is rising as the company will bring back share repurchases alongside an expected $20 billion-plus in continued dividend commitments over the next three years.

MarketWatch - 1h

ServiceTitan’s planned IPO could come with a more than $5 billion valuation

The Glendale, Calif.-based company could raise up to $500 million in its initial public offering.

MarketWatch - 5h

Death sentence upheld for tycoon — unless she pays $9 billion

Truong My Lan was convicted of swindling money from Saigon Commercial Bank (SCB) and sentenced to death for fraud totaling $27 billion.

CBS News - 4h

Apple's $1 Billion Move: Will Indonesia Dictate the Future of Tech Giants?

Yahoo News - 2h

SpaceX’s $350 billion private valuation signals an IPO is off the table for now

Elon Musk’s space business is part of a trend of companies staying private, as its private-market valuation jumps by more than $100 billion with a proposed sale of shares.

MarketWatch - 1h

GM to sell stake in battery cell plant to joint venture partner for roughly $1 billion

General Motors plans to sell its stake in a $2.6 billion electric vehicle battery cell plant in Michigan to its joint venture partner LG Energy Solution.

CNBC - 18h

Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated

Elon Musk's pay package granted in 2018 was the largest compensation plan in U.S. history for a public company executive.

CNBC - 16h

Elon Musk’s $50 Billion Tesla Pay Can’t Be Reinstated, Delaware Judge Rules

The judge said she would not reverse her decision to strike down the package after Tesla shareholders approved it a second time.

The New York Times - 7h

Judge rejects Elon Musk request to reinstate his $56 billion pay package

Elon Musk was seeking to reinstate a massive 2018 Tesla pay package after shareholders had reapproved it, but a judge denied his request.

CBS News - 18h

Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated

Tesla CEO Elon Musk lost his bid to get his 2018 CEO pay package reinstated on Monday when a Delaware judge upheld her prior ruling that the compensation plan was improperly granted.

NBC News - 16h

Microsoft faces £1 billion lawsuit in UK for allegedly overcharging rival cloud firms' customers

Microsoft was accused of unfairly overcharging customers of rival cloud companies including Amazon, Google and Alibaba Cloud in a U.K. lawsuit filed Tuesday.

CNBC - 5h

Predicting doubling of private-credit market, BlackRock strikes $12 billion deal for HPS

In a widely anticipated announcement, BlackRock said it had reached an agreement to buy HPS Investment Partners for $12 billion in stock.

MarketWatch - 2h

Vietnam court may commute tycoon's death sentences if she repays $11 billion

A court in Vietnam has upheld the death sentence for real estate tycoon Truong My Lan but said it could be commuted to life if she reimburses some $11 billion

ABC News - 2h

Billions of Levellingup Cash in Limbo

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