Mass Deportation Could Cost Billions
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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 - 4h -
The Cost of Gold Rattles the Jewelry World
Bold gold pieces are trendy, but makers worry that the steep price increases for the precious metal will soon deter demand.The New York Times - 2m -
World Bank Warns of Record Debt Costs for Developing Countries
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.The New York Times - 2h -
What Kash Patel Could Do to the F.B.I.
The true danger is almost less about the pick and more about what it says of Trump’s approach to his second term.The New York Times - 1h -
Inefficient and reckless: Why DOGE could be so dangerous
The idea that slashing federal agencies is a magic bullet for achieving good governance is as wrong-headed as it is simplistic.The Hill - 51m -
France’s Prime Minister Could Be Forced to Resign This Week. Here’s What Could Happen Next.
A vote by Parliament could force the prime minister to resign, leaving his budget legislation in limbo.The New York Times - 4h -
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 - 20h -
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 - 8h -
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 - 6h -
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 - 5h -
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 - 43m -
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 - 3h -
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 -
The surprise Syrian rebel offensive could be a Mideast turning point
For years, American policymakers have grappled with how to manage the Middle East’s shifting alliances and conflicts while reducing direct military commitments.The Hill - 21h -
Back budget or Wales could lose £1bn, FM warns
Eluned Morgan warns Wales could lose significant funding if opponents do not help her pass a budget.BBC News - 10h -
Wolves in EU lose safeguards, allowing culls as numbers soar
The European Commission says numbers have soared and the animals are now causing damage to livestock.BBC News - 6h -
Google Worried Israeli Contract Could Enable Human Rights Violations
The tech giant, which has defended the deal to employees who oppose supplying Israel’s military with technology, feared the project might damage its reputation.The New York Times - 6h -
Google Worried Israeli Contract Could Enable Human Rights Violations
The tech giant, which has defended the deal to employees who oppose supplying Israel’s military with technology, feared the project might damage its reputation.The New York Times - 6h -
Congress faces shutdown dilemma that could mess with Trump's first 100 days
Congress faces a Dec. 20 deadline to avert a government shutdown and is expected to kick the funding fight til early 2025 when President-elect Donald Trump will be in office.NBC News - 4h -
American families could be out more than $2,500 if the world ditches the dollar
Pay now or pay later: U.S. must defend its allies or the dollar could lose the reserve currency status that American consumers enjoy.MarketWatch - 4h -
Jon Stewart Thinks Biden Could Have Timed That Pardon Better
“Normally, you drop a controversial pardon like the way you buy porn at a gas station: in a flurry of other distracting purchases,” the “Late Night” host said.The New York Times - 9h -
How Trump's proposed tariffs could impact your wallet
Proposed tariffs on imported goods could raise prices on items like clothing, toys and household appliances. CBS News MoneyWatch correspondent Kelly O'Grady explains the potential impact on ...CBS News - 1h -
How holiday drinking habits could impact your health
From eggnog to champagne, Americans consume twice as much alcohol during the holidays. Dr. Jon LaPook breaks down the potential health effects and ways to stay mindful.CBS News - 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 - 17h -
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 - 18h -
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 compensation package after Tesla shareholders approved Mr. Musk’s pay a second time.The New York Times - 18h -
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 - 17h -
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 - 4h -
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 billionABC News - 1h -
Denver paid Russell Wilson $84m to go away. Now he could be heading for a title
The quarterback was on the scrapheap after a humiliating time with the Broncos. But he has been revived under Mike Tomlin in PittsburghYahoo Sports - 1d -
Ex-Illinois deputy charged in Sonya Massey's killing could be released as he awaits trial
SPRINGFIELD, Ill. — The former Illinois sheriff’s deputy charged with first-degree murder in the shooting death of Sonya Massey could soon be set free, following an appellate court ruling that ...NBC News - 21h -
Feeding grazing cows seaweed could cut their methane emissions by nearly 40 percent: Study
Supplementing the diets of grazing beef cows with seaweed in pellet form could cut their methane emissions by almost 40 percent, a new study has found. The seaweed pellets led to this plunge in ...The Hill - 20h -
What Trump’s plan to end IRS ‘overstepping’ could mean for audits of rich people — and call hold times for everyone else
The incoming Trump team wants to change the IRS mentality from “we’re the tax police,” one expert said.MarketWatch - 19h -
As FBI Director, Kash Patel Could Offer January 6 Rioters Retribution Against Their Enemies
Kash Patel, who has pushed conspiracy theories and helped produce a single featuring the J6 Prison Choir, has proposed investigating the investigators of the failed insurrection.Wired - 18h