NEWSREPORTASIA.COM: Breaking News, World News, US News 19:51 2019-06-14

Chewy stock IPO raises more than $1 billion. Values company at $8.8 billion

Chewy.com, the online pet product retailer owned by PetSmart, priced its IPO at $22 per share Thursday, above the expected range.    ...

Chewy stock IPO raises more than $1 billion. Values company at $8.8 billion

Source: usatoday.com

Slack stock surges at debut, values company at more than $25 billion Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 60% in their public trading debut on Thursday, valuing the company at more than $25 bil...
21:51 2019-06-20

Slack stock surges at debut, values company at more than $23 billion Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 50% in their public trading debut on Thursday, valuing the company at more than $23 bil...
01:01 2019-06-21

UPDATE 5-Slack stock surges at debut, values company at more than $23 billion Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 50% in their public trading debut on Thursday, valuing the company at more than $23 bil...
01:00 2019-06-21

UPDATE 4-Slack stock surges at debut, values company at more than $25 billion Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 60% in their public trading debut on Thursday, valuing the company at more than $25 bil...
20:34 2019-06-20

Slack Stock Soars, Putting Company’s Public Value at $19.5 Billion The workplace messaging company’s shares rose on the stock market on Thursday, putting its value at nearly triple that of when it was a private firm....
00:34 2019-06-21

Jeff Bezos Cashes in $1.8 Billion of Amazon Stock, Will Keep $1.4 Billion After Taxes Jeff Bezos, the founder of Amazon and the world’s richest person, has cashed in $1.8 billion worth of Amazon shares, according to filings with the Securities and Exchange Commission submitted last nig...
17:34 2019-08-01

PetSmart's Chewy gets Wall Street tails wagging with $1 billion IPO Chewy Inc said on Thursday it priced its initial public offering at $22 per share, above its target, and sold more stock than originally planned, valuing the online pet products retailer at $8.77 bill...
06:34 2019-06-14

Entropia Universe company raises $500,000 in a virtual stock market offering Mindark said said that a company within its Entropia Universe virtual game world has offered shares on its virtual stock market and raised the equivalent of $500,000.Read More...
20:51 2019-05-22

5G auction in Germany raises €6.5 billion from four telcoms After hundreds of rounds of bidding over nearly three months, Germany raised more than expected from its 5G spectrum auction. Auction winners will have to supply households with fast internet and shar...
04:51 2019-06-13

Callon Petroleum to Buy Carrizo Oil for $1.2 Billion in Stock Callon Petroleum has said it would buy Carrizo Oil & Gas Inc. for $1.2 billion in stock as the oil company seeks to build scale in key production areas in Texas, including in the Permian Basin and Eag...
20:00 2019-07-15

CBOE STOCK EXCHANGE (CBSX) VOLUME TOPS 3 BILLION SHARES TRADED DURING 2008Growth in Volume, Listings and Participation; 2008 Highlights Include Lime Brokerage Investment, Functionality to Facilitate Automated Stock and Options Orders Chicago, January 15, 2009 - The CBOE Stock Exchange (CBSX) announced today that more than three billion shares were traded at the Exchange during 2008, its first full year of trading.The Exchange, now...
17:51 2019-05-23

China's Centurium Capital raises over $2 billion from GIC, Temasek, others China's Centurium Capital, a big backer of domestic startup Luckin Coffee, said it has raised more than $2 billion in its debut fund, giving the private equity firm more firepower to cut deals......
10:34 2019-07-03

Germany ends 5G frequency auction, raises $7.4 billion BERLIN (AP) — Germany’s auction of frequencies for a super-fast 5G network has ended after nearly three months, raising more money for the government than was originally expected: 6.55 billion e...
20:17 2019-06-12

Buffett to Donate $3.6 Billion of Berkshire Stock to Five Foundations Warren Buffett, chairman of Berkshire Hathaway, pledges to donate shares worth about $3.6 billion to five foundations, as part of his plan to give away most of his wealth to charities and other philan...
14:00 2019-07-01

The Company IBM's Buying For 34 Billion Dollars International Business Machines Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc as it looks to ramp up its cloud computing business....
06:00 2019-07-10

Shape Security raises $51 million, hits $1 billion valuation The company focuses on thwarting cyberattacks and frauds orchestrated by bots will use the money to invest in AI and grow its international business....
11:00 2019-09-13

Germany raises 6.55 billion euros in epic 5G spectrum auction Germany raised 6.55 billion euros ($7.4 billion) from its 5G mobile spectrum auction, the Federal Network Regulator (BNetzA) said on Wednesday after a near three-month battle that will see a fourth op...
07:17 2019-06-13

BlackRock raises $2 billion for Global Credit Opportunities Fund BlackRock Inc, the world's largest asset management firm, said on Wednesday it had raised $2 billion for its flagship opportunistic credit fund, Global Credit Opportunities, reflecting investor demand...
17:51 2019-07-31

Blackstone raises $20.5 billion for largest ever real estate fund U.S. private equity firm Blackstone Group Inc said on Wednesday it has raised the largest ever real estate fund, amassing $20.5 billion to be invested in property assets around the world....
04:00 2019-09-12

Hong Kong raises $1 billion in oversubscribed first green bond Hong Kong raised $1 billion from the sale of its first green bond on Wednesday, as the former British colony looks to establish itself as a center for green finance....
12:34 2019-05-22

Alibaba proposes one-to-eight stock split ahead of up to $20 billion HK listing China's Alibaba Group Holding has proposed a one-to-eight stock split ahead of a listing in Hong Kong later this year that is expected to raise up to $20 billion....
09:34 2019-06-17

Jeff Bezos just sold $1.8 billion worth of Amazon stock Jeff Bezos has sold more than $1.8 billion worth of stock, as the world's richest person continues to sell his Amazon stake to fund his space venture....
06:51 2019-08-02

Germany's Metro says $6.6 billion bid undervalues company Metro said that an unsolicited offer by two prominent investors to take over the German retailer substantially undervalues it and advised shareholders on Sunday to hold off on taking action until mana...
12:17 2019-06-23

Israeli software firm Lightricks raises $135 million at $1 billion valuation Israeli software company Lightricks, the creator of several photo and video editing apps, said on Wednesday it has raised $135 million in financing at a $1 billion valuation....
01:51 2019-08-01

Identity platform provider Auth0 raises $103 million at a valuation of $1 billion Bellevue, Washington-based Auth0, which developers a cloud-based identity authentication platform, has raised $103 million at a valuation of $1 billion.Read More...
14:32 2019-05-21

China's Xiaomi plans $1.5 billion buyback to arrest stock tumble Chinese smartphone maker Xiaomi Corp announced a HK$12 billion ($1.53 billion) share buyback plan on Tuesday, in a reversal of its cash-management strategy that is aimed at boosting its floundering s...
10:34 2019-09-03

Hong Kong Exchanges bids $39 billion to take over London Stock Exchange Hong Kong Exchanges and Clearing has made an unsolicited $39 billion takeover bid for the London Stock Exchange , an offer contingent on the LSE ditching its acquisition of data company Refinitiv....
13:34 2019-09-11

Jeff Bezos sells Amazon stock worth $2.8 billion last week Amazon.com Inc Chief Executive Officer Jeff Bezos offloaded $990 million worth of shares in the company last Thursday and Friday, taking the total value of shares sold last week to $2.8 billion....
09:51 2019-08-06

Chewy shares skyrocket in stock market debut Wall Street lapped up Chewy shares as they made their Friday debut on the New York Stock Exchange. The web-based pet food and supplies seller saw its stock jump as much as 88 percent moments after it ...
21:51 2019-06-14

Mastercard to buy part of payments company Nets for $3.19 billion Payments processor Mastercard Inc said on Tuesday it would buy a majority of the corporate services businesses of Scandinavian payments group Nets for about 2.85 billion euros($3.19 billion) furtheri...
18:00 2019-08-06

Huawei founder: US crackdown will cost the company $30 billion Huawei’s founder said Monday that the Chinese telecom giant’s revenue will be $30 billion less than forecast over the next two years.       ...
14:17 2019-06-17

WeWork, the $47 billion co-working company, is gearing up for a huge IPO. Here's everything we know about what's going on. Jackal Pan/Reuters The We Company, better known as WeWork, is preparing for an initial public offering. Backed by SoftBank, the managed office company was last valued at $47 billion. Like other unico...
12:00 2019-08-29

Brex raises $100 million at $2.6 billion valuation for startup-friendly credit card Brex, which offers corporate credit cards for startups and scale-ups, has raised $100 million at a $2.6 billion valuation -- less than a year after launch.Read More...
16:34 2019-06-11

Spend management software provider Ivalua raises $60 million at a $1 billion valuation Ivalua, a company developing cloud-based enterprise spend management software, raised $60 million in growth equity at a $1 billion valuation.Read More...
18:17 2019-05-21

China Brokerage's $2 Billion Offering Kick-Starts London Stock Link Chinese brokerage Huatai Securities plans to raise as much as $2 billion selling London-listed share-backed instruments this week, reviving the postponed Shanghai-London Stock Connect program....
15:00 2019-06-12

Hong Kong Stock Exchange Makes $36.6 Billion Offer for London Rival A deal would unite two of the world’s major stock exchanges when both regions are under political pressure, with Hong Kong reeling from a summer of violent protests and London gripped by political par...
01:34 2019-09-12

Eldorado Resorts clinches $18 billion cash and stock deal for Caesars: sources U.S. casino operator Eldorado Resorts Inc has agreed to merge with Caesars Entertainment Corp in a cash and stock deal that values its peer at about $18 billion including debt, people familiar with th...
01:34 2019-06-24

Salesforce to acquire data analytics platform Tableau in $15.7 billion all-stock deal Salesforce is buying data analytics company Tableau in an all-stock deal worth around $15.7 billion, just days after Google purchased Tableau rival Looker.Read More...
19:00 2019-06-10

Hong Kong Exchanges Propose $39 Billion London Stock Exchange Takeover "The board of HKEX believes a proposed combination with LSEG represents a highly compelling strategic opportunity to create a global market infrastructure leader," the Hong Kong exchange said in a......
15:34 2019-09-11

California utility company to pay $1 billion to governments for wildfire damage Pacific Gas & Electric filed for bankruptcy earlier this year in anticipation of massive lawsuit payments.        ...
08:51 2019-06-19

Google to acquire big data analytics company Looker for $2.6 billion Google has announced plans to acquire big data analytics platform Looker in a $2.6 billion all-cash transaction, as it looks to gain ground on Amazon.Read More...
00:34 2019-06-07

Uber Posts $1 Billion Loss in Its First Quarter as a Public Company Uber reported a $1 billion loss as the ride-hailing service spends heavily to build up its food delivery and freight businesses, sending revenues up 20% in its first quarterly report as a public......
09:01 2019-05-31

Hurricane Dorian insured losses in Caribbean to range from $1.5 billion to $3 billion: AIR worldwide Insurance industry losses in the Caribbean spurred by Hurricane Dorian will range between $1.5 billion to $3 billion, according to catastrophe risk modeler AIR Worldwide, a Verisk Analytics Inc unit....
22:34 2019-09-06

Purdue Pharma offers $10 billion-$12 billion to settle opioid claims: NBC OxyContin maker Purdue Pharma and its owners, the Sackler family, are offering to settle more than 2,000 lawsuits against the company for $10 billion to $12 billion, NBC News reported on Tuesday citin...
21:34 2019-08-27

Drugmaker Purdue Pharma reportedly offered $10 billion to $12 billion to settle opioid claims Reuters Purdue Pharma and its owners, the Sackler family, are offering to settle more than 2,000 lawsuits for $10 billion to $12 billion, NBC News reported on Tuesday, The lawsuits accused the compan...
12:00 2019-08-29

Purdue Pharma in discussion on $10 billion-$12 billion offer to settle opioid claims: sources OxyContin maker Purdue Pharma and its owners, the Sackler family, is in discussion to settle more than 2,000 lawsuits against the company for $10 billion to $12 billion, two people familiar with the m...
22:00 2019-08-27

Purdue Pharma in discussion on $10 billion-$12 billion offer to settle opioid lawsuits: sources OxyContin maker Purdue Pharma LP and its owners, the Sackler family, are in discussion to settle more than 2,000 opioid lawsuits against the company for $10 billion to $12 billion, two people familiar...
01:00 2019-08-28

Salesforce stock drops sharply after announcing $15.3 billion Tableau deal, biggest in its history Salesforce finally pulled the trigger on a deal it's been considering for some years, but investors weren't happy. It's expected to impact full-year EPS by $0.37 to $0.39....
16:17 2019-06-10

London Stock Exchange flatly rejects Hong Kong's $39 billion takeover offer The London Stock Exchange emphatically rejected the Hong Kong bourse's $39 billion takeover offer on Friday, opting to stick with its planned purchase of data and analytics group Refinitiv....
15:00 2019-09-13

Why Facebook's stock jumped despite facing a record-breaking $5 billion FTC penalty: 'A slap on the wrist' (FB) AP Photo/Jose Luis Magana Facebook's stock rose around 1% after news broke that it is facing a record-breaking $5 billion penalty from the Federal Trade Commission. Investors are breathing a collecti...
11:17 2019-07-13

WeWork seeks $20 billion-$30 billion in IPO valuation: Bloomberg WeWork owner The We Company is targeting an initial stock market valuation of less than half of estimates from earlier this year, according to a report on Thursday, another sign of growing skepticism ...
16:00 2019-09-05

Uber Lost Another $5.2 Billion, Has Now Burned $16.2 Billion Since 2016 Uber, a company that uses rich people’s money to subsidize artificially cheap taxi rides provided by underpaid drivers, continued its streak of having never made a profit by losing another $5.2 billio...
10:34 2019-08-09

Brazil power company Light approves 2 billion-real share offering Brazilian power company Light SA has approved a primary and secondary share offering valued at over 2 billion reais ($521 million), it said in a securities filing late on Monday, confirming a Reuters ...
15:34 2019-07-02

Drug Company to Pay Just $15.4 Million Over Doctor Bribery Scandal Involving Medicine That Brings in $1 Billion a Year Mallinckrodt Pharmaceuticals announced today that the company expects to pay $15.4 million in a settlement with the U.S. Justice Department after allegations that Questcor Pharmaceuticals, which Malli...
23:34 2019-06-05

Huawei founder likens company to badly damaged plane, says revenue will be $30 billion below forecast over next 2 years SHENZHEN, China (AP) — Huawei founder likens company to badly damaged plane, says revenue will be $30 billion below forecast over next 2 years. The post Huawei founder likens company to badly damaged ...
10:17 2019-06-17

Monsanto parent company Bayer faces thousands of Roundup-cancer cases after $2 billion verdict Annually, for weeks at a time over his more than 30 years of farming, John Barton would spray a thousand gallons of Roundup every day to kill the weeds springing up among his cotton crop outside Baker...
14:38 2019-05-21

Juul stock values plummet amid federal crackdown Investors of e-cig giant Juul are seeing their stock valuations go up in smoke as the Trump administration gears up to ban the company’s best-selling product — mint flavored pods. Investors in the pri...
06:00 2019-09-14

Read the pitch deck that Uber founder Garrett Camp created for the ride-hailing giant back in 2008 – before the company became the $120 billion giant it is today (UBER) It's a big year for Uber. The first name in ride-hailing had a ton of hype around it for the first half of 2019 thanks to its IPO. And though the $8 billion valuation fell well short of speculations o...
20:00 2019-08-10

Putin: Liberal values ‘obsolete,’ people in West prefer ‘traditional’ values Liberal values embraced by many in Western nations have been destabilizing and clash with the best interests of most citizens, Russian President Vladimir Putin said in an interview published Thursday....
19:00 2019-06-28

Mallinckrodt stock swings up 16%, then down, after drugmaker raises 2019 profit outlook Mallinckrodt Pharmaceuticals rose as much as 16.4% but opened lower after first-quarter earnings beat projections and the company raised its guidance....
16:51 2019-05-21

Slack Stock Soars as Messaging Company Goes Public The workplace messaging company’s shares rose in early trading on the stock market on Thursday, following last month’s rocky initial public offering for Uber....
18:34 2019-06-20

Papa John’s stock soars after company names new CEO Papa John’s shares soared close to 10% on Tuesday after the company said it has a new top pizza-slinger who will help the company turn the page on a tumultuous two-year period. In a surprise move, Pap...
15:00 2019-08-28

Starbucks' stock pops after coffee chain crushes estimates, raises forecast Starbucks raised its full-year earnings and revenue forecast Thursday after more customers returned to cafes in the U.S. and China for pricier drinks....
17:51 2019-07-31

Pemex business plan raises doubts about the company's viability -S&P Mexican state oil company Pemex's newly announced business plan is a risky about-face that raises doubts about the company's long-term viability, analysts with credit ratings agency S&P Global Ratings...
00:00 2019-07-23

Chipotle's stock hits all-time high after earnings top estimates, raises sales forecast Chipotle Mexican Grill on Tuesday reported that its digital sales nearly doubled during its second quarter, fueling earnings that beat analysts' expectations....
01:34 2019-07-24

LaCroix parent company's stock falls to multiyear low following lawsuit Shares of National Beverage hit their lowest point since 2016 after a former employee filed a lawsuit alleging he was fired after objecting to a plan to falsely claims that LaCroix cans were free of a...
06:51 2019-06-12

Pelosi slams Facebook as 'willing enabler' of Russia despite owning up to $1M in company's stock House Speaker Nancy Pelosi slammed Facebook for being a “willing enabler of Russian interference in our election” despite owning shares worth up to $1 million of the social media giant....
12:51 2019-05-31

New Media chair Michael Reed shrugs off company’s stock flop New Media Investment chair and CEO Michael Reed told The Post he’s not concerned the stock has fallen by almost 25 percent since signing a deal to buy USA Today-owner Gannett. “Stock price is not an i...
08:00 2019-08-15

Home Depot stock rises on better-than-expected profits even as the company lowers outlook Home Depot's CEO says the retailer cut its outlook partly due to "the potential impacts to the U.S. consumer arising from recently announced tariffs."...
21:00 2019-08-20

Chipotle stock tumbles after New York City sues the company, alleging labor law violations New York Mayor Bill de Blasio's administration is suing Chipotle Mexican Grill, alleging it violated a city labor law requiring predictable schedules for workers....
19:00 2019-09-10

Daimler's stock drops as diesel scandal cuts profit for Mercedes' parent company Share's of German automaker Daimler fell almost 4% in Monday trading after the company said Sunday that profits for the second quarter would be hurt by troubles from its Mercedes-Benz brand and d...
20:34 2019-06-27

Tesla Stock Plummets After Elon Musk Announces the Company’s Tech Boss Is Leaving (Bloomberg) –– Tesla shares plummeted after a worse-than-expected loss and yet another major management change cast fresh doubts on the electric-car maker’s future. Despite deliverin...
19:00 2019-07-31

The Man With the $13 Billion Checkbook How Darren Walker, a gay black man who grew up poor in Texas, came to be one of the best connected people in New York City. And what that means for the future of philanthropy....
12:34 2019-07-12

U.S. to Sell $150 Billion in Debt The U.S. Treasury Department will auction $150 billion in securities next week, comprising $74 billion in new debt and $76 billion in previously sold debt....
19:51 2019-06-06

Slack Listing Likely to Value It at Up to $17 Billion Slack is expected to be valued by investors at $16 billion to $17 billion when it lists its shares publicly next week, according to people familiar with the matter....
12:00 2019-06-13

Broadcom to Take $2 Billion Hit From Huawei Ban Broadcom said it would make $2 billion less in annual sales than expected following the U.S. ban on exports to Chinese telecom giant Huawei Technologies....
10:34 2019-06-14

IBM closes $34 billion deal to buy Red Hat International Business Machines Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc as it looks to ramp up its cloud computing business....
15:00 2019-07-09

WSJ: Facebook reaches $5 billion FTC settlement The inevitable has happened for Facebook. After weeks of reports that the company was working to settle with the Federal Trade Commission (FTC) over its privacy practices, the two parties have finally...
02:17 2019-07-13

Treasury to Sell $112 Billion in Debt The U.S. Treasury Department will auction next week $112 billion in securities, comprising $76 billion in new debt and $36 billion in previously sold debt....
22:34 2019-07-11

Facebook not worried about $5 billion FTC fine Facebook’s eye-popping $5 billion FTC fine may have set a record, but it’s a drop in the bucket for owner Mark Zuckerberg. Zuckerberg, who has a net worth of $79.8 billion according to Bloomberg, coul...
10:17 2019-07-25

Volkswagen’s $17 Billion Change of Direction The car giant is finally putting its faith in the wonders of the capital markets with its Traton trucks IPO. If only Germany’s citizens would do the same. ...
15:51 2019-06-14

Huawei says U.S. ban will cost it $30 billion in sales The Trump administration last month barred companies from selling U.S. technology to Huawei amid fears that the company could tap into and monitor sensitive U.S. communications through its network tec...
18:00 2019-06-17

Over $1 billion of cocaine seized in Philadelphia U.S. authorities seized more than $1 billion worth of cocaine Tuesday from a ship at a Philadelphia port, calling it one of the largest drug busts in American history. (June 18)    ...
08:51 2019-06-19

BP to Exit Alaska With $5.6 Billion Sale BP, a leading oil company in Alaska for six decades, is selling all of its assets in the state to Hilcorp Energy for $5.6 billion. The British company’s departure marks the latest blow to the Alaskan ...
02:34 2019-08-28

PG&E to pay $1 billion to governments for wildfire damage SAN FRANCISCO (AP) — A California utility blamed for igniting several wildfires that killed dozens and destroyed thousands of homes has agreed to pay $1 billion to local governments. Attorneys represe...
02:34 2019-06-19

Google to pay $1.1 billion in France following tax probe After a four-year investigation, Google has agreed to pay almost €1 billion ($1.10 billion) to French authorities because it did not fully declare its tax activities in the country, as reported b...
12:34 2019-09-13

IBM to win unconditional EU okay for $34 billion Red Hat deal: sources U.S. tech giant International Business Machines Corp is set to secure unconditional EU approval for its $34 billion bid for software company Red Hat, people familiar with the matter said on Wednesday....
21:17 2019-06-19

Brookfield, GIC to buy Genesee & Wyoming for about $6.4 billion Canada's Brookfield Asset Management Inc and Singaporean sovereign wealth fund GIC on Monday agreed to buy U.S. freight railroad owner Genesee & Wyoming Inc for about $6.4 billion in cash....
14:51 2019-07-01

StockX Is Latest $1 Billion Unicorn StockX, an online marketplace that lets individuals trade sneakers like stocks, closed a round of venture funding that valued the startup at more than $1 billion, riding the sneaker-reselling craze fu...
21:34 2019-06-27

U.S. Threatens Further Tariffs on $4 Billion of EU Goods The U.S. has widened its threat to impose tariffs against the European Union, pending the outcome of a World Trade Organization case over subsidies to the airplane manufacturer Airbus....
14:34 2019-07-02

Fireworks sales to top $1.3 billion in 2019 The fireworks business receives most of its revenue in the leadup to the Fourth of July holiday. That revenue has surged recently.       ...
00:51 2019-07-03

Treasury to Sell $113 Billion in Debt The U.S. Treasury Department will auction $113 billion in securities next week, comprising $62 billion in new debt and $51 billion in previously sold debt....
18:34 2019-06-13

UN to appeal for $1.2 billion to help 5 million Palestinians The head of the U.N. agency for Palestinian refugees says he hopes donors will be as generous this year as they were last year after the United States cut all funding for the $1.2 billion program to h...
03:00 2019-06-22

CBS unlikely to pay Lionsgate’s $5.5 billion price tag for Starz Lionsgate’s chances of selling its Starz TV network to CBS for $5.5 billion just shrank — by about $2 billion. Investors in the film studio behind “The Hunger Games” made it abundantly clear this week...
07:51 2019-05-25

Pentagon gets 8.8% discount in $34 billion F-35 jet deal The U.S. Department of Defense has a "handshake" agreement with Lockheed Martin Co to cut 8.8 percent from the price of its latest order of F-35A fighter jet, shaving a year from the time frame in whi...
00:17 2019-06-11

Cisco to Buy Acacia Communications for About $2.6 Billion Cisco Systems is buying Acacia Communicationsm a maker of high-speed, optical interconnect technologies, for about $2.6 billion, or $70 a share, looking to meet rising demands on performance of networ...
17:17 2019-07-09

U.S. demands $12.7 billion in judgment against 'El Chapo' U.S. authorities said on Friday they were seeking a court order requiring Mexican drug lord Joaquin "El Chapo" Guzman to forfeit $12.7 billion following his conviction for racketeering and drug traffi...
06:51 2019-07-06

Salesforce's $15.7 billion Tableau acquisition: Everything you need to know Salesforce's purchase of Tableau is a strategic play to be combine enterprise data on one platform. Here's a look at the strategic rationale, wild cards, and what it means for customers....
18:34 2019-06-10

Treasury to Sell $94 Billion in Debt The U.S. Treasury Department next week will auction $94 billion in securities, ranging from 13-week bills to 30-year Treasury inflation-protected securities....
18:34 2019-08-16

Treasury to Sell $99 Billion in Debt The U.S. Treasury Department next week will auction $99 billion in securities, ranging from 13-week bills to 10-year Treasury inflation-protected securities....
03:00 2019-09-13

Treasury to Sell $203 Billion in Debt The U.S. Treasury Department will auction $203 billion in securities next week, comprising $149 billion in new debt and $54 billion in previously sold debt....
01:00 2019-05-24

Microsoft to invest $1 billion in OpenAI Microsoft Corp said on Monday it was investing $1 billion in San Francisco-based OpenAI and that the two had formed a multi-year partnership to develop artificial intelligence supercomputing technolog...
15:17 2019-07-22

'Pokémon Go' has racked up 1 billion downloads So much for Pokémon Go's initial success being nothing more than a fad. The Pokémon Company has released a series of videos in Japanese noting that Niantic's location-based mo...
00:17 2019-08-01

Infineon to Buy Cypress Semiconductor for €8.4 Billion German chip maker Infineon Technologies said it would acquire Cypress Semiconductor in a multi-billion dollar deal, the latest in a series of transactions that have been reshaping the industry....
13:51 2019-06-03

Boeing 737 Max Troubles Add Up: $8 Billion and Counting The company, which had already announced $1 billion in costs from the jet’s grounding after two crashes, added $5.6 billion to compensate airlines and $1.7 billion due to a production slowdown....
02:17 2019-07-19

How the Promise of a $120 Billion Uber I.P.O. Evaporated Uber’s offering was supposed to be a crowning moment for the ride-hailing company. But it suffered setback after setback and ultimately resulted in pointed questions for all involved....
15:00 2019-05-21

WeWork may seek IPO valuation as low as $10 billion WeWork’s parent company may seek a valuation as low as $10 billion in its looming public debut, a dramatic discount to the $47 billion valuation it achieved in January, people familiar with the ...
06:00 2019-09-14

With $1 Billion From Microsoft, an A.I. Lab Wants to Mimic the Brain OpenAI, now managed by start-up guru Sam Altman, wants to create a machine that can do anything the human brain can do. Skeptics wonder if it is possible....
20:17 2019-07-22

Facebook Agrees to Pay $5 Billion in FTC Settlement Facebook agreed to pay a record $5 billion fine and better police its data-privacy practices to settle a long-running federal investigation that has damaged the company’s standing with consumers and c...
15:51 2019-07-24

More than €10 Billion Traded on Bats LIS Since Launch LONDON – 26 September 2017 – Bats Europe, a CBOE Holdings, Inc. company and the region’s largest equities exchange operator, today reported that more than €10 billion has executed on Bats LIS, i...
00:51 2019-05-22

This app has saved Americans $10 billion on prescriptions so far Start-up GoodRx is upending pharmacies with an app that gives users real-time drug prices at 70,000 locations nationwide. It was ranked No. 6 on the 2019 CNBC Disruptor 50 list....
21:00 2019-05-21

Bulgaria sees F-16 jet deal with U.S. at $1.2 billion Bulgaria expects the United States to make an offer soon to sell it eight new F-16 fighter jets for its army at $1.2 billion, the defense ministry said on Tuesday....
09:51 2019-06-04

Salesforce to buy Israel's ClickSoftware for $1.35 billion U.S. cloud-based service provider Salesforce said it signed a definitive agreement to acquire Israeli software developer ClickSoftware for $1.35 billion in cash and shares....
11:00 2019-08-08

EU regulators to decide on IBM's $34 billion Red Hat bid by June 27 EU antitrust regulators will decide by June 27 whether to clear U.S. tech giant International Business Machines Corp's $34 billion bid for software company Red Hat....
17:51 2019-05-21

Treasury to Sell $162 Billion in Debt The U.S. Treasury Department will auction next week $162 billion in securities, comprising $123 billion in new debt and $39 billion in previously sold debt....
01:34 2019-08-02

Uber Lost Another Billion Dollars, NBD Uber’s first quarterly earnings report as a publicly-traded company tells us much of the same as every other report the company has ever released about its finances: they can’t stop, won’t stop losing...
01:17 2019-05-31

US consumer borrowing up $17.5 billion in April WASHINGTON (AP) — Consumer borrowing accelerated in April to the fastest pace in five months as a rebound in credit card usage offset slower demand for auto and student loans. The Federal Reserve says...
21:34 2019-06-07

Does SoftBank Really Have $108 Billion for Its Vision Fund 2? SoftBank appeared to have pulled off a fundraising coup last month when it announced a technology investment fund with $108 billion in expected capital from the likes of Apple and Microsoft....
06:34 2019-08-07

Microsoft posts a record $29.1 billion Q1. Same old, same old (credit: Julien GONG Min / Flickr) Microsoft has posted the results of the first quarter of its 2019 financial year, which runs up until September 30, 2018. Revenue was $29.1 billion, up 19 percent ...
21:01 2019-05-21

PG&E shareholders outline possible $15 billion rights issue PG&E Corp shareholders have committed to engaging in a rights offering worth a potential $15 billion in support of a planned reorganization of the embattled company, according to a company filing on ...
18:00 2019-08-08

NBA free agency: Roughly $3 billion spent on Day 1 The first day of NBA free agency was one of the wildest in recent memory, as roughly $3 billion — yes, billion — in new contract money was agreed to.       ...
18:51 2019-07-01

Cyprus says it stands to gain $9 billion from gas field NICOSIA, Cyprus (AP) — Cyprus’ energy minister says the east Mediterranean island nation stands to gain more than $9 billion over 18 years from the export of gas from its offshore ‘Aphrodi...
12:34 2019-06-05

Trump Threatens China With Further $300 Billion Of Tariffs U.S. President Donald Trump threatened to hit China with "at least" another $300 billion of tariffs but said he thought both China and Mexico wanted to make deals in their trade disputes with the......
11:00 2019-06-06

Constitutionality of $16 billion of Illinois bonds challenged The sale of $10 billion of general obligation bonds in 2003 and $6 billion in 2017 by Illinois was unconstitutional because the proceeds were used for loans to the state's pension funds or to finance ...
02:51 2019-07-02

Google Photos hit a billion users in just over four years Google has confirmed Google Photos now has more than a billion users. It surpassed the milestone earlier this summer, a little over four years after it unveiled Photos, Google told Fast Company in a p...
19:51 2019-07-24

Hasbro Picks Up Peppa Pig in $4 Billion Deal Hasbro is making a big bet on entertainment aimed at young children by acquiring Entertainment One for $4 billion in cash. Executives cite Peppa Pig as a brand that generates strong earnings from the ...
16:34 2019-08-23

PG&E to float $31 billion restructuring plan: Bloomberg Power producer PG&E Corp will propose a $31 billion bankruptcy restructuring plan that will include two funds worth a total of $34 billion to cover past and future wildfire claims, Bloomberg reported ...
20:00 2019-06-21

Frontier Communications to sell some assets for $1.35 billion Telecom service provider Frontier Communications Corp said on Wednesday it would sell its assets in some U.S. states to investment firms WaveDivision Capital LLC and Searchlight Capital Partners LLC f...
16:34 2019-05-29

For 5G, AT&T and T-Mobile buy $1.8 billion worth of 24GHz spectrum across US Enlarge (credit: Getty Images | SOPA Images) AT&T and T-Mobile committed to spend nearly $1.8 billion, combined, on high-frequency spectrum for their 5G networks in a Federal Communications Commissi...
23:17 2019-06-05

China to slap tariffs on $75 billion in US goods China plans to slap new tariffs on $75 billion worth of American products as retaliation against President Trump’s latest round of duties in the latest escalation of the trade war between Washington a...
15:34 2019-08-23

Prudential buys Assurance IQ for $2.35 billion in new tech bet Prudential Financial Inc is set to buy online insurance startup Assurance IQ Inc for $2.35 billion, the latest in a series of moves by traditional insurers to up investment in technology and data crun...
23:34 2019-09-05

Crackdown targets scammers behind 1 billion robocalls Federal authorities announced a major crackdown on dozens of robocallers responsible for about 1 billion robocalls. The effort, dubbed “Operation Call it Quits,” included actions by the Fe...
18:34 2019-06-27

IBM gains unconditional EU approval for $34 billion Red Hat deal U.S. tech giant International Business Machines Corp on Thursday won unconditional EU antitrust approval for its $34 billion acquisition of software company Red Hat ....
18:34 2019-06-27

Performance Food to Buy Reinhart in $2 Billion Deal Food distributor Performance Food Group has agreed to acquire privately held rival Reinhart Foodservice for $2 billion in a bid to build scale and tackle rising costs....
14:00 2019-07-01

Aramco Bulks Up on Refining With $15 Billion Deal Saudi Aramco is buying a stake in Reliance’s energy business, worth some $15 billion including debt, a move that would help match its enormous crude production with refining capacity, as it gears up f...
21:34 2019-08-12

Bids in Germany's 5G auction already top 6 billion euros Germany's auction of frequencies for fifth-generation mobile services, now into its 10th week, has drawn 6 billion euros ($6.7 billion) in bids so far....
01:34 2019-05-24

Earth’s water came from a collision 4 billion years ago Water arrived on Earth at exactly the same time that the moon was created over 4 billion years ago, according to a new study. This phenomenon is thought to have happened when an “ancient planet&...
02:17 2019-05-24

US fines Facebook $5 billion for privacy violations The US Federal Trade Commissions has said it would also place new oversight and restrictions on Facebook. It is the largest fine that the FTC has ever imposed on a technology company....
16:17 2019-07-24

Palestinians reject US's €50 billion peace plan Palestinian officials have described as "abstract promises" a new $50 billion investment plan for the Palestinian economy. The Palestinian Authority will boycott a two-day peace conference in Bahrain ...
23:34 2019-06-22

Simjacker attack could affect a billion smartphones A new SIM card flaw has been discovered by security researchers who say that more than a billion smartphones could be at risk as threat actors are currently exploiting it in the wild.The vulnerability...
00:34 2019-09-14

Applied Materials to Buy Kokusai Electric From KKR for $2.2 Billion Applied Materials said it is acquiring Kokusai Electric, a producer of semiconductor manufacturing equipment, for $2.2 billion from global investment firm KKR....
14:00 2019-07-01

Facebook to Pay Record $5 billion US FTC Fine Over Privacy Facebook will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and will boost safeguards on user data, the US FTC and the social media company said on......
08:00 2019-07-25

Shell Avoids Hard Promises on That $125 Billion Investment and debt-reduction demands will persist, and the need for M&A can’t be ruled out. Investors should be grateful for the dividend they’ve got....
19:01 2019-06-04

PG&E Strikes $11 Billion Settlement With Insurers Over Wildfires PG&E agreed on an $11 billion settlement to resolve all claims by insurance carriers from the 2017 Northern California wildfires and the 2018 Camp Fire....
06:00 2019-09-14

Snap to raise $1 billion to invest in AR, possible acquisitions Snap Inc on Tuesday said it will raise $1 billion in short-term debt and plans to invest in more media content, augmented reality features and may also buy other companies....
18:00 2019-08-06

Facebook plans its own currency for 2 billion-plus users SAN FRANCISCO (AP) — Facebook is launching a new digital currency to make e-commerce accessible to more people around the world. The social media giant is announcing Libra, a cryptocurrency it is crea...
14:00 2019-06-18

Study finds that a GPS outage would cost $1 billion per day Enlarge / The first of the Air Force's new GPS 3 satellites launches on a SpaceX Falcon 9 rocket in December, 2018. (credit: SpaceX) Since becoming fully operational in 1995, Global Positioning Syst...
05:51 2019-06-15

Population Of Earth To Reach 9.7 Billion In 2050: UN The world population is expected to climb to 9.7 billion in 2050 from 7.7 billion today, with the population of sub-Saharan Africa doubling, a United Nations report released Monday said....
13:34 2019-06-18

Behind Brazil's $240 Billion Pension Cut, a Once-Reviled Ex-Banker House Speaker Rodrigo Maia takes the spotlight from President Jair Bolsonaro with a startling legislative victory, as the lawmaker pushes an ambitious agenda for Brazil....
16:51 2019-08-01

Apple’s $3 billion purchase of Beats has already paid off "Oh shit, the Forbes list just changed," Tyrese Gibson proclaimed in a 2014 Facebook video. "The first billionaire in hip-hop, right here from the motherfucking West Coast," Dr. Dre chimed in....
20:17 2019-05-28

World population to reach 9.7 billion by 2050 — UN The United Nations predicts that half of this growth will take place in only nine countries, as the world is getting older overall. India is projected to become the world's most-populated country by 2...
03:51 2019-06-18

What a $20 billion week signals for data and analytics When $20 billion gets spent to acquire two companies in the same market segment within a few days, it's clear that a fundamental market shift is upon us.Read More...
03:34 2019-06-17

Infineon to buy Cypress Semiconductors in $10 billion deal Infineon has agreed to buy Cypress Semiconductors in a deal valuing the U.S. maker of microchips used in cars and electronic devices at 9 billion euros ($10.1 billion), including debt, the German comp...
10:00 2019-06-03

San Francisco makes $2.5 billion bid for PG&E's electric system The city of San Francisco has offered to buy PG&E Corp's power lines and other electrical system infrastructure serving the city for $2.5 billion, according to the utility, which sought Chapter 11 ba...
07:00 2019-09-09

Huawei Expects $30 Billion Revenue Hit From U.S. Clampdown The U.S. campaign against Huawei Technologies is taking a toll, with the company’s founder forecasting a hit to revenue of about $30 billion over the next two years....
15:00 2019-06-17

BP exits Alaska with $5.6 billion sale to Hilcorp British oil major BP said on Tuesday it had agreed to sell its Alaskan operations for $5.6 billion to privately held oil and natural gas explorer Hilcorp Alaska as part of its divestment plans....
21:34 2019-08-27

German chipmaker Infineon to buy Cypress for $10 billion MADRID (AP) — German chipmaker Infineon is buying U.S.-based Cypress Semiconductor Corp. for more than $10 billion. Infineon will pay $23.85 for each outstanding share of Cypress in the deal, which is...
13:34 2019-06-03

NASA estimates it will need up to $30 billion for moon landing NASA has touted its bold plan to return American astronauts to the moon by 2024 for months. Now we're starting to get an idea of how much it will cost....
20:51 2019-06-14

China Announces New Tariffs on $75 Billion in U.S. Goods (BEIJING) — China on Friday announced tariff hikes on $75 billion of U.S. products in retaliation for President Donald Trump’s latest planned increase, deepening a conflict over trade and ...
05:00 2019-08-24

How China Is Planning to Rank 1.3 Billion People China has a radical plan to influence the behavior of its 1.3 billion people: It wants to grade each of them on aspects of their lives to reflect how good (or bad) a citizen they are. Versions of the ...
13:34 2019-06-04

Slack IPO starts trading at $38.50 for $23 billion valuation Slack's IPO started with a bang as the first trade was priced at $38.50, giving the company a $23 billion valuation, well above the expected $16 billion.Read More...
21:51 2019-06-20

China To Impose New Tariffs On $75 Billion Of US Imports China announced Friday it will hit US soybeans, lobsters, peanut butter and other imports worth $75 billion with new tariffs in retaliation for Washington's planned duty hikes, further intensifying......
07:00 2019-08-24

Yahoo Japan says it aims to buy Zozo for $3.7 billion Yahoo Japan Corp said on Thursday it aims to buy 50.1% online fashion retailer Zozo Inc for about 400 billion yen ($3.70 billion), as it looks to better compete in e-commerce against rivals such as Am...
03:00 2019-09-12

Startup that owns TikTok now has one billion users ByteDance, the Beijing-based startup behind popular short video platform TikTok, has amassed more than one billion monthly active users across its apps....
17:17 2019-06-20

DowDuPont to take $800 million to $1.3 billion charge in the second quarter DowDuPont said it expects to book an pretax charge of $800 million to $1.3 billion for the April-June quarter, resulting from changes in valuation of assets in the wake of a drop in ethanol prices and...
15:17 2019-05-29

Carmakers Have $372 Billion Incentive To Defy Trump Trump on Wednesday lobbed baseless accusations at Ford Motor, which along with BMW, Honda Motor and Volkswagen recently sided with the Golden State. But the financial case for greener vehicles is......
01:00 2019-08-25

The Latest: House OKs $19.1 billion disaster aid bill WASHINGTON (AP) — The Latest on the House vote on a $19.1 billion disaster aid bill (all times local): 7 p.m. The House has given final approval to a long-delayed $19.1 billion disaster aid bill. That...
05:01 2019-06-04

PG&E to pay $1 billion to local governments for catastrophic wildfires California utility Pacific Gas and Electric has agreed to pay $1 billion to 14 local governments for igniting several devastating wildfires that destroyed thousands of homes and nearly wiped out one t...
06:01 2019-06-19

| Population of Earth to reach 9.7 billion in 2050: UN The world population is expected to climb to 9.7 billion in 2050 from 7.7 billion today, with the population of sub-Saharan Africa doubling, a United Nations report released Monday said....
05:51 2019-06-19

Lawmakers pass $11.8 billion Arizona budget PHOENIX (AP) – The Latest on action at the Arizona Legislature as members rush to adjourn for the year (all times local): 9:15 p.m. Arizona has a new $11.8 billion budget after lawmakers overcam...
02:17 2019-05-29

UK's Reckitt Benckiser to pay up to $1.4 billion to end Indivior probe Britain's Reckitt Benckiser (RB) said it would pay up to $1.4 billion to resolve all U.S. federal investigations into the firm in connection with the sales and marketing of Suboxone Film by its forme...
08:34 2019-07-11

Salesforce bets on big data with $15.3 billion Tableau buy Salesforce.com Inc agreed on Monday to buy big data firm Tableau Software Inc for $15.3 billion, adding muscle in its fight with Microsoft Corp for a bigger share of the market that helps businesses t...
07:17 2019-06-11

Mozambique Says It Needs $3.2 Billion to Recover After Deadly Cyclones (JOHANNESBURG) — Mozambique says it needs $3.2 billion to recover from a pair of powerful tropical cyclones that ripped into the southern African nation earlier this year and left hundreds dead,...
13:51 2019-05-30

EU clears Vodafone's $22 billion Liberty deal Brussels gave its blessing to Vodafone's $22 billion purchase of Liberty Global's cable networks in Germany and central Europe, clearing the way for the British company to become Europe's largest mo...
14:51 2019-07-18

Swiss Re plans $4.5 billion IPO for UK unit to help expansion Swiss Re is pressing ahead with plans to float its $4.5 billion UK life insurance business in London to put it under a more favorable regulatory regime and give it easier access to capital to fund its...
11:34 2019-06-07

Mozambique seeks $3.2 billion to recover from cyclones JOHANNESBURG — Mozambique says it needs $3.2 billion to recover from a pair of powerful tropical cyclones that ripped into the southern African nation earlier this year and left hundreds dead, raising...
11:17 2019-05-30

India's PNB says detects 38 billion rupee fraud India's state-run Punjab National Bank (PNB) on Saturday said it had reported a borrowing fraud of 38.05 billion Indian rupees ($556 million) in Bhushan Power & Steel Ltd's account to the country's ce...
23:51 2019-07-06

U.S. clears SoftBank's $2.25 billion investment in GM's Cruise SoftBank has come under increasing U.S. scrutiny over its ties to Chinese firms in the face of an escalating trade and technology war between Washington and Beijing....
14:34 2019-07-06

U.S. seeks $12.7 billion from ‘El Chapo’ — the value of all the drugs he trafficked The sum represents the total amount of cocaine, marijuana and heroin that a jury found Guzman to have trafficked, multiplied by the average prices of those drugs, according to a filing by prosecutors ...
09:34 2019-07-06

US seeks $12.7 billion from drug lord 'El Chapo' Citing years of narcotics trafficking, US prosecutors have called for "El Chapo" to forfeit billions in drug money. But his lawyer dismissed the request, saying "the government has never located or id...
06:51 2019-07-06

FTC to Announce $5 Billion Facebook Settlement as Soon as This Week The Federal Trade Commission is expected to announce as soon as this week a settlement with Facebook over the company’s privacy practices, according to people familiar with the matter....
20:34 2019-07-22

Evergrande squeezed by $53 billion in maturing debt China Evergrande Group, the property developer with dreams of becoming an electric-vehicle powerhouse, is finding it’s picked an inopportune time to load up on debt....
00:00 2019-09-03

Salesforce to Buy Analytics Platform Tableau for More Than $15 Billion Salesforce.com agreed to buy data-analytics platform Tableau Software for more than $15 billion in stock, a deal aimed at expanding the business-software firm’s digital offerings beyond customer-relat...
22:34 2019-06-10

Universe might be 2 billion years younger: study Researchers at the Max Planck Institute in Germany have said the cosmos is expanding faster than previously believed, leading them to believe the universe is significantly younger. But some are skepti...
07:00 2019-09-13

Exclusive: Sudan needs up to $10 billion in aid to rebuild economy, new PM says Sudan needs $8 billion in foreign aid over the next two years to cover its import bill and help rebuild its ravaged economy after months of political turmoil, its new prime minister said on Saturday....
23:34 2019-08-24

Salesforce to buy Tableau Software in $15.3 billion deal Salesforce.com said on Monday it would buy big data company Tableau Software for $15.3 billion in an all-stock deal, marking the biggest acquisition in the company’s history. Tableau shareholders will...
17:17 2019-06-10

Pepsi Expands in Africa With $1.7 Billion Deal PepsiCo has agreed to pay $1.7 billion to buy South Africa’s Pioneer Foods, as the beverage giant looks to expand and accelerate its growth in sub-Saharan Africa....
13:34 2019-07-19

Billion-year-old fossils may be early fungus Enlarge (credit: Loron, et. al.) When did the first complex multicellular life arise? Most people, being a bit self-centered, would point to the Ediacaran and Cambrian, when the first animal life ap...
02:01 2019-05-23

Brazil's Bolsonaro says government must cut another 2.5 billion reais President Jair Bolsonaro said on Saturday that Brazil's federal government will need to cut its budget by 2.5 billion reais ($667 million) next week, website UOL reported, as weak economic growth cont...
00:00 2019-07-21

Cboe FX Reports Record ADV of $42.6 Billion in January NEW YORK and LONDON – 5 February 2018 – Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today announced its foreign exchange (FX) market, ...
00:51 2019-05-22

FTC Approves Roughly $5 Billion Facebook Settlement The Federal Trade Commission voted this week to approve a roughly $5 billion settlement with Facebook over a long-running probe into the tech giant’s privacy missteps, according to a person familiar w...
23:34 2019-07-12

US Advances $8 Billion Sale Of F-16 Fighters To Taiwan The White House has advanced a proposal to sell $8 billion worth of advanced F-16 fighter jets to Taiwan, a move that would likely anger strategic rival Beijing, a senior US senator confirmed Friday....
08:34 2019-08-17

Islanders get approval for $1.3 billion arena project The New York state board responsible for economic development has approved a $1.3 billion project to build 19,000-seat arena that will be the new home of the New York Islanders as well as a 350,000-sq...
20:34 2019-08-09

Hurricane Dorian could cost insurers $25 billion: UBS Hurricane Dorian, which battered the Bahamas early on Monday, could cause insurance industry losses of up to $25 billion, according to analysts at UBS....
16:00 2019-09-02

One in a billion: Why Virat Kohli represents a 'new India' In a country where cricket's unifying importance is tantamount to that of religion, the role of leading India into a World Cup comes with a certain divinity -- both an unrivaled privilege and the not ...
15:34 2019-05-22

May budget deficit hits record $207.8 billion WASHINGTON (AP) — The federal government’s budget deficit in May rose to a record $207.8 billion, 41.5% higher than a year ago. Most of that increase reflected the impact of calendar quirks that...
20:17 2019-06-12

IBM closes $34 billion Red Hat acquisition: Now it's time to deliver Red Hat is now part of IBM and the two companies made sure customers, developers and partners all knew about the commitment to open source, developer programs and multi-cloud deployments....
19:00 2019-07-09

Facebook's $5 Billion US FTC Settlement Said to Be Announced This Week The US FTC expected to announce a roughly $5 billion settlement with Facebook as early as this week, two sources briefed on the matter said on Monday....
13:51 2019-07-23

NXP to buy Marvell's WiFi, Bluetooth business for $1.76 billion Dutch chipmaker NXP Semiconductors NV said on Wednesday it will buy Marvell Technology Group Ltd's wireless connectivity business for $1.76 billion in cash to offer its customers a bigger product port...
01:51 2019-05-30

Big Five leagues spend over $6 billion in transfer window "Spending by teams in Europe\u0027s Big Five leagues totalled a record 5.5 billion euros ($6.13 billion) during the close season transfer window, financial analyst Deloitte\u0027s Sports Business Grou...
15:00 2019-09-03

US threatens EU with $4 billion worth of additional tariffs Just days after reaching a truce over trade with China, the US government on Monday increased pressure on Europe in a long-running dispute over aircraft subsidies....
06:51 2019-07-02

China to Impose Tariffs on $75 Billion More of U.S. Goods China will impose tariffs on $75 billion worth of additional U.S. products in response to U.S. tariffs on $300 billion in Chinese goods. The country will also resume tariffs of 25% on U.S. vehicles an...
16:34 2019-08-23

Microsoft invests $1 billion in OpenAI, which is going all-in on Azure OpenAI, a company working on AI for the public good, is committing to build with Microsoft new Azure AI supercomputing technologies, and getting a $1 billion infusion from Microsoft as part of the arr...
17:34 2019-07-22

Uber's First-Quarter Loss Tops $1 Billion The ride-hailing company’s loss topped $1 billion in its first quarterly report as a public company, affirming its continuing challenge of spending heavily to fend off ride-hailing and delivery rivals...
23:34 2019-05-30

Facebook has taken down over 2 billion fake accounts in 2019 Facebook took down 2.19 billion fake accounts during the first quarter of 2019, the company has announced. In addition to that, Facebook said it disabled 1.2 billion fake accounts in Q4 2018. These nu...
19:34 2019-05-23

Trump signs $4.6 billion border aid package President Donald Trump signed a $4.6 billion aid package on Monday to help the federal government cope with the surge of Central American immigrants at the U.S.-Mexico border. (July 1)   &#...
05:17 2019-07-02

PG&E settles wildfire claims with insurers for $11 billion PG&E Corp said on Friday it has reached an $11 billion settlement to resolve most claims by insurance carriers related to 2017 and 2018 wildfires in California....
22:00 2019-09-13

France’s Dassault to acquire Medidata for $5.8 billion French software company Dassault Systems says it will buy U.S.-based Medidata Solutions for $5.8 billion in cash. Dassault said Wednesday that it was offering of $92.25 for each share of Medidata, sli...
12:17 2019-06-12

Americans to spend $1 billion on beer this 4th of July Nevada will become the first state to ban employers from rejecting job applicants because of failed drug tests. Veuer’s Natasha Abellard has the story.      ...
00:17 2019-07-04

Facebook’s Getting Slapped With a $5 Billion FTC Privacy Settlement The U.S. Federal Trade Commission approved a record privacy settlement against Facebook requiring the social media company to pay about $5 billion to resolve an investigation stemming from the Cambrid...
23:17 2019-07-12

German chipmaker Infineon to buy US rival Cypress for €9 billion Infineon, Germany's largest chip manufacturer, is on the verge of making its biggest-ever acquisition. The move comes amid a slump in the chip industry and a dip in the chipmaker's share price....
10:51 2019-06-03

United Technologies, Raytheon merging into $120 billion firm United Technologies agreed on Sunday to combine its aerospace business with US contractor Raytheon and create a new company worth about $121 billion, in what would be the sector’s biggest ever merger....
17:17 2019-06-10

NASA reminds everyone it still needs another $30 billion for Trump’s Moon mission So, NASA wants to go back to the Moon. It’s wanted to do it for a while now and has been slowly piecing together how such a trip might happen, but that was before the current administration orde...
22:17 2019-06-14

Blackstone Strikes $18.7 Billion Deal for U.S. Warehouse Network Blackstone is buying a network of U.S. industrial warehouses for $18.7 billion, in the largest private real-estate transaction ever that represents a bet on the continued explosion of e-commerce....
02:51 2019-06-03

United Technologies, Raytheon both gain on $121 billion merger Stock market investors gave their seal of approval to the $121 billion merger of defense contractor Raytheon Co and United Technologies Corp on Monday, pushing shares of both companies higher after th...
16:17 2019-06-10

'No deal' Brexit would cost at least $16 billion in UK exports losses: U.N. Leaving the European Union without a trade deal would cost Britain at least $16 billion in lost exports, and would probably cost far more after indirect effects are taken into account, a report by the...
18:00 2019-09-03

Roche, Spark again extend $4.3 billion takeover offer Roche Holding and Spark Therapeutics announced on Tuesday another extension of the Swiss drugmaker's $4.3 billion takeover offer for the U.S. gene therapy specialist as regulatory reviews continue....
11:34 2019-09-03

Iran To Stick To Nuclear Deal For $15 Billion Oil Credit Iran said Wednesday it will resume full compliance with a 2015 nuclear deal if it can sell its oil or get a $15-billion credit line guaranteed by future crude sales....
11:00 2019-09-04

Salesforce to buy big data firm Tableau Software for $15.3 billion Salesforce.com Inc said on Monday it would buy big data company Tableau Software for $15.3 billion in an all-stock deal, marking the biggest acquisition in the company's history....
16:17 2019-06-10

Boeing wins $6.5 billion U.S. defense contract -Pentagon Boeing Co has been awarded a $6.5 billion U.S. defense contract for Joint Direct Attack Munition tail kits, spares, repairs and technical services, the Pentagon said on Friday. (Reporting by Eric Beec...
00:01 2019-06-15

The U.S. Army Once Kept $1 Billion Worth of LSD in a Maryland Office for Some Reason James Ketchum, an Army psychiatrist who conducted controversial drug experiments on members of the U.S. military, died last month, on May 27, at the age of 87. And while Ketchum’s legacy is filled wit...
20:17 2019-06-07

Pakistan To Get $3.4 Billion In Budgetary Aid From Asian Development Bank Pakistan will receive $3.4 billion in budgetary support from the Asian Development Bank (ABD), the de facto finance minister said on Saturday, as the government seeks help to overcome a ballooning......
23:17 2019-06-15

UK’s Johnson threatens to withhold $50 billion Brexit payment Boris Johnson, the leading candidate to succeed Theresa May as Britain's next prime minister, said he would withhold a previously agreed 39 billion pound ($50 billion) Brexit payment until the Europea...
07:51 2019-06-09

Infineon to buy Cypress Semiconductors in 9 billion euros deal Infineon has agreed to buy Cypress Semiconductors in a deal valuing the U.S. chipmaker at 9 billion euros ($10.06 billion), including debt, the German company said on Monday....
08:17 2019-06-03

UK tech created 13 'billion dollar' startups in 2018 The UK technology sector produced 13 "unicorn" companies - firms privately valued at more than $1bn (£784 million) - over the past year, taking its overall total to 72....
14:34 2019-06-10

Georgia stands to lose $9.2 billion in Hollywood business Initially, Georgia Gov. Brian Kemp dismissed the Hollywood actors criticizing the so-called heartbeat abortion bill he signed in early May as "C-list celebrities."...
05:51 2019-06-07

U.S. government gives states nearly $2 billion to combat opioid crisis The U.S. Department of Health and Human Services (HHS) said on Wednesday it will offer states more than $1.8 billion in new funding to fight the opioid epidemic....
21:00 2019-09-04

Infineon digs deep to buy Cypress in $10 billion deal Infineon has agreed to buy Cypress Semiconductors in a deal that values the U.S. maker of microchips used in cars and electronic devices at 9 billion euros ($10.1 billion) including debt, sending shar...
13:00 2019-06-03

Britain’s Ineos to invest $2 billion in Saudi plants MADRID (AP) — British petrochemicals maker Ineos is investing $2 billion to build three plants in Saudi Arabia, as western companies appear to be shedding their reluctance to do business with the king...
13:34 2019-06-03

Google to buy analytics software firm Looker for $2.6 billion Alphabet Inc's Google said on Thursday it would buy Looker, a privately held big-data analytics company, for $2.6 billion in cash, in the first major acquisition for new Google Cloud Chief Executive T...
18:00 2019-06-06

Trump threatens China with tariffs on a further $300 billion of goods U.S. President Donald Trump threatened to hit China with tariffs on "at least" another $300 billion worth of Chinese goods but said he thought both China and Mexico wanted to make deals in their trade...
11:00 2019-06-06

Google appeals $1.7 billion EU fine over restrictive ad contracts As was expected, Google is appealing a €1.49 billion ($1.7 billion) fine laid against it by the European Commission related to its AdSense advertising business. Antitrust officials found that, in...
17:34 2019-06-05

Huawei reportedly asks Verizon to pay more than $1 billion for over 230 patents Huawei has told Verizon that the U.S. carrier should pay licensing fees for more than 230 of the Chinese telecoms equipment maker's patents and in aggregate is seeking more than $1 billion....
18:17 2019-06-13

U.S. awards $7.6 billion cloud contract to General Dynamics The U.S. General Services Administration and the Defense Department said on Thursday they awarded a cloud computing contract worth $7.6 billion to General Dynamics Corp's CSRA LLC and its partners....
06:34 2019-08-30

Google to buy data analytics firm Looker for $2.6 billion Alphabet Inc's Google said on Thursday it would buy Looker, a big-data analytics company, for $2.6 billion in cash, in the first major acquisition for new Google Cloud Chief Executive Thomas Kurian....
16:00 2019-06-06

Hurricane Dorian devastation in Bahamas could cost $7 billion: KCC Preliminary estimate of total insured and uninsured losses in the Bahamas from Hurricane Dorian is $7 billion, catastrophe modeling company Karen Clark & Company (KCC) said on Thursday....
22:00 2019-09-05

Hedge Fund Loses $1 Billion in One Month on Argentina Bet Hedge fund Autonomy Capital lost about $1 billion last month largely on investments tied to Argentina, making it one of the most prominent investors caught on the wrong side of market turmoil in that ...
19:00 2019-09-05

Trump's 15% tariffs on $112 billion in Chinese goods take effect The Trump administration's latest round of tariffs on Chinese imports took effect Sunday, raising prices Americans pay for clothes, shoes, sporting goods and other consumer goods ahead of the hol...
11:34 2019-09-01

Trump threatens China with tariffs on further $300 billion of goods U.S. President Donald Trump threatened to hit China with tariffs on "at least" another $300 billion worth of Chinese goods but said he thought both China and Mexico wanted to make deals in their trade...
13:17 2019-06-06

Huawei asks Verizon to pay over $1 billion for over 230 patents: source Huawei Technologies Co Ltd has told Verizon Communications Inc that the U.S. carrier should pay licensing fees for more than 230 of the Chinese telecoms equipment maker's patents and in aggregate is s...
01:34 2019-06-13

Apple places $7 billion in return to bond market Apple Inc said on Thursday it had sold $7 billion of bonds at yields ranging up to 103 basis points over the equivalent U.S. Treasury on maturities of up to 30 years, its first such debt issues since...
16:00 2019-09-05

UK's Johnson pledges 14 billion pound boost for schools British Prime Minister Boris Johnson said he would boost funding for schools over the next three years by more than 14 billion pounds ($17.2 billion), adding to speculation that he might be planning a...
03:00 2019-08-31

Hurricane Dorian will cause insurance losses of at least $25 billion: analysis Hurricane Dorian will cause insurance industry losses of at least $25 billion, according to analysts at Swiss investment bank UBS Group AG. But if the Category 5 storm hits the eastern coast of Florid...
18:00 2019-09-02

'No deal' Brexit would cost at least $16 billion in UK sales to the EU: UN report Leaving the European Union without a trade deal would cost Britain at least $16 billion in lost EU sales, and probably far more after accounting for indirect effects and other markets, a report by the...
04:34 2019-09-04

Jim Irsay turned down $3.2 billion offer for Indianapolis Colts A team spokesman said the Indianapolis Colts are not for sale, even after Jim Irsay turned down a $3.2 billion offer for the franchise.       ...
04:00 2019-09-05

Buyout Firms Seek to Acquire Symantec for More Than $16 Billion Symantec has received interest from a pair of private-equity suitors seeking to buy the cybersecurity firm for more than $16 billion after it agreed to a sale of a big chunk of its business....
00:00 2019-09-07

Bayer to invest $5.6 billion in weedkiller research to help reputation Germany's Bayer sought to repair its reputation on Friday after damage caused by U.S. litigation over claims its glyphosate pesticide causes cancer, saying it would invest 5 billion euros ($5.6 billio...
14:17 2019-06-14

Bayer to invest $5.6 billion in new weed killing methods BERLIN (AP) — German chemical and pharmaceutical company Bayer says it plans to invest some 5 billion euros ($5.6 billion) over the next decade in developing “additional methods to combat weeds....
12:00 2019-06-14

Trump to decide on $300 billion China tariffs after G20 meeting U.S. President Donald Trump said on Thursday he would decide whether to carry out his threat to hit Beijing with tariffs on at least $300 billion in Chinese goods after a meeting of leaders of the wor...
19:51 2019-06-06

Raytheon Is United Technologies’ $50 Billion Finishing Touch For United Technologies, a merger with the defense giant will replenish revenue it’s losing in a breakup and mark the capstone of a dramatic makeover....
18:34 2019-06-10

China's Central Bank to Free Up $126 Billion for Lending The People’s Bank of China plans to reduce the amount of reserves that commercial banks are required to keep with the central bank by half a percentage point as the world’s second-largest economy face...
22:34 2019-09-06

Prudential to buy Assurance IQ for $2.35 billion to widen customer base U.S. insurer Prudential Financial Inc has agreed to acquire online insurance startup Assurance IQ Inc for $2.35 billion, as it looks to tap into a wider base of consumers who purchase policies online....
16:00 2019-09-05

Roche's $4.3 billion Spark bid delayed again amid U.S., UK scrutiny Swiss drugmaker Roche's $4.3 billion takeover of U.S. gene therapy specialist Spark Therapeutics has been pushed back again, possibly beyond the first half, as regulators continue to scrutinize the de...
13:17 2019-06-10

Bayer to invest 5 billion euros in weedkiller research Bayer, the German crop science and chemicals group reeling from U.S. litigation over claims its glyphosate pesticide causes cancer, said on Friday it would invest 5 billion euros ($5.64 billion) in we...
09:51 2019-06-14

Big Oil undermines U.N. climate goals with $50 billion of new projects: report Major oil companies have approved $50 billion of projects since last year that will not be economically viable if governments implement the Paris Agreement on climate change, think-tank Carbon Tracker...
05:00 2019-09-06

Roche names new head of $13 billion diagnostics unit Swiss drugmaker Roche on Tuesday named a new head of its $13-billion-per-year diagnostics business and also said board member Peter Voser is stepping down to focus on his expanded duties as interim he...
15:34 2019-06-11

Volkswagen to invest up to 4 billion euros in digital transformation Volkswagen will invest up to 4 billion euros over the years to 2023 to digitalize its administration and production, the German carmaker said on Wednesday, adding that up to 4,000 jobs in non-producti...
12:17 2019-06-05

Colorado passes $1 billion in marijuana state revenue Colorado just reached $1 billion in total marijuana state revenue. Total marijuana sales have surpassed $6.5 billion since the state legalized cannabis in 2014....
21:51 2019-06-12

China June trade surplus with U.S. rises 11% to $29.92 billion China's trade surplus with the United States, a major source of friction with its biggest trading partner, rose 11% in June to $29.92 billion from $26.9 billion in May, customs data showed on Friday....
17:00 2019-07-12

ERAPSCO awarded $1.04 billion U.S. defense contract -Pentagon ERAPSCO, a joint venture between Sparton Corp and a subsidiary of Ultra Electronics, was awarded a $1.041 billion U.S. defense contract on Thursday to produce air-launched, expendable sonobuoys used i...
00:17 2019-07-19

ERAPSCO awarded $1.04 billion U.S. defense contract: Pentagon ERAPSCO, a joint venture between Sparton Corp and a subsidiary of Ultra Electronics, was awarded a $1.041 billion U.S. defense contract on Thursday to produce air-launched, expendable sonobuoys used i...
01:34 2019-07-19

Boeing takes $5.6 billion revenue hit to compensate 737 Max customers The financial toll of the jet's grounding is starting to add up for Boeing, which has frozen sales of its flagship aircraft since regulators issued a global grounding of the plane in March....
02:17 2019-07-19

Trump says Pentagon’s $10 billion cloud contract should be investigated. Again. The president said on July 18 that he had received numerous complaints about a not-yet-awarded Pentagon cloud computing contract that could go to Amazon Web Services....
02:17 2019-07-19

Microsoft's 'blow out' quarter beats projections by $1 billion Microsoft beat analysts' revenue projections by nearly $1 billion when it announced earnings for the fourth quarter of its 2019 fiscal year, as its cloud division Azure continues its path of strong ex...
08:34 2019-07-19

PepsiCo to buy South Africa's Pioneer Food for $1.7 billion PepsiCo has struck a deal to buy South Africa's Pioneer Food Group for $1.7 billion, the companies said on Friday, lifting Pioneer's shares and boosting a sector that has been hit by drought and tou...
13:34 2019-07-19

Raiders' stadium cost in Vegas soars to $1.9 billion The high stakes for building an NFL stadium for the Raiders in Las Vegas continues to rise with the latest cost estimate now coming in at $1.9 billion, according to the Las Vegas Review-Journal....
10:34 2019-07-20

Tentative Federal Budget Would Raise Spending by $320 Billion Speaker Nancy Pelosi of California and Steven Mnuchin, the Treasury secretary, are close to a deal to increase spending and raise the government’s borrowing limit....
20:17 2019-07-22

Microsoft to Invest $1 Billion in Artificial-Intelligence Startup Microsoft plans to invest $1 billion in artificial-intelligence startup OpenAI, as the software giant seeks to enhance its Azure cloud-computing platform....
20:34 2019-07-22

Uber’s no-good, terrible-rotten bad Q2 loses more than $5 billion Enlarge / Headquarters of ride-sharing technology company Uber in the South of Market (SoMa) neighborhood of San Francisco on October 13, 2017. (credit: Smith Collection/Gado/Getty Images) Uber lo...
07:00 2019-08-09

Uber Sets $5.2 Billion on Fire In Biggest Loss Ever Well, well, well! If it isn’t our beleaguered rideshare giant Uber reporting yet another quarter of continued losses after its disastrous IPO earlier this year. In its earnings report released Thursda...
04:34 2019-08-09

Kraft Heinz Writes Down $1.2 Billion as Brands Wither Kraft Heinz reported falling sales and wrote down the value of its brands for the second time in six months, as the food maker struggles to improve its products to satisfy shifting consumer tastes....
00:34 2019-08-09

Trump says looking closely at Amazon's bid on $10 billion Pentagon contract U.S. President Donald Trump said on Thursday his administration was looking closely at Amazon.com's bid on a $10 billion cloud contract with the Defense Department after getting complaints from other ...
23:17 2019-07-18

New Media to buy USA Today-owner Gannett in $1.4 billion deal Fortress Investment Group-backed New Media Investment Group said on Monday it will buy USA Today-owner Gannett Co in a $1.4 billion deal, combining two of the biggest U.S. daily newspapers....
22:51 2019-08-05

Slimmed-down WPP to net $3.1 billion selling Kantar stake to Bain WPP is selling a 60% stake in Kantar to private equity firm Bain Capital, valuing the data analytics business at about $4 billion and giving the British owner of agencies including Ogilvy and Wunderm...
22:00 2019-07-12

Facebook faces $5 billion fine over privacy violations US regulators have reportedly voted to fine Facebook $5 billion for data breaches. The social network landed in hot water last year amid allegations it shared users' personal information with Cambridg...
01:17 2019-07-13

$5 Billion US Fine Set For Facebook On Privacy Probe: Report US regulators have approved a $5 billion penalty to be levied on Facebook to settle a probe into the social network's privacy and data protection lapses, the Wall Street Journal reported Friday....
03:51 2019-07-13

Facebook agrees to pay FTC $5 billion fine for various privacy violations Due to a slew of privacy violations, Facebook finally reached a settlement agreement with the Federal Trade Commission (FTC) that will see the social networking giant pay out a hefty fine of $5 billio...
09:17 2019-07-13

US FTC Said to Approve $5-Billion Facebook Fine Over Privacy Issues The US Federal Trade Commission approved a roughly $5 billion settlement with Facebook this week over its investigation into the social media company's handling of user data....
13:34 2019-07-13

Gilead deepens Galapagos ties with $5.1 billion deal Gilead Sciences Inc will invest $5.1 billion to raise its stake in Galapagos NV and partner with the Belgian-Dutch biotech firm to develop and commercialize its treatments for a ten-year period, the...
05:34 2019-07-15

Microsoft Word smashes billion installs on Android Microsoft Word has been downloaded and installed more than one billion times on Google Play, joining a very small club of non-Google or Facebook-owned apps that have hit that target. What makes t...
18:51 2019-07-15

Facebook is staring down a record-setting $5 billion fine The fine, which is massive by any yardstick, still represents less than one month's revenue for the social media titan.       ...
23:17 2019-07-15

Magna opens $1.38 billion paint shop in Slovenia The paint shop, which complements contract vehicle production at a Magna Steyr plant in Graz, Austria, started test runs in March. The new plant currently employs 200 people and is poised to employ an...
02:34 2019-07-16

Senators grill FTC over reported $5 billion Facebook settlement Facebook's reported $5 billion settlement with the FTC isn't even official yet, but that isn't stopping politicians from bristling at it. Senators Richard Blumenthal, Josh Hawley and E...
21:00 2019-07-16

CBS and Viacom agree to sign $30 billion merger deal CBS and Viacom have reached a long-rumored merger agreement. The two companies announced today that they will reunite as ViacomCBS. According to The Wall Street Journal, CBS and Viacom hope that, toge...
22:00 2019-08-13

Microsoft, AT&T sign cloud deal worth more than $2 billion Microsoft Corp and AT&T Inc on Wednesday said they reached a deal under which the telecommunications company will tap Microsoft's Azure cloud service for its computing needs and use Microsoft 365, whi...
18:51 2019-07-17

The Hottest Phones for the Next Billion Users Aren't Smartphones Millions of first-time internet consumers are connecting to the web on a new breed of device that only costs about $25. These smart feature phones make up one of the industry’s fastest-growing and lea...
16:01 2019-07-23

Kraft Heinz takes another $1 billion hit, shares plunge Kraft Heinz released its second quarter earnings reports and revealed continued fall-out related to those issues on top of weak sales.       ...
20:00 2019-08-08

Facebook's $5 Billion US FTC Fine Doesn't Mark the End of Its Troubles Facebook survived its latest brush with US privacy regulators, at the cost of a record $5 billion fine and other restrictions imposed by the US FTC. But it's far from home free....
10:34 2019-07-25

Investors pull $1.5 billion from India equities so far in July: IIF Non-residents have pulled about $1.5 billion from Indian equities so far in July, reversing a strong trend of inflows in previous months, data from the Institute of International Finance showed on......
10:34 2019-07-25

Warren Calls for $85 Billion Investment in Public Broadband Democratic presidential candidate Elizabeth Warren is calling for an $85 billion investment in publicly owned and operated broadband networks to expand internet access across the country....
04:34 2019-08-08

Ray-Ban Maker Strikes $6.1 Billion Deal for European Rival EssilorLuxottica agreed to buy control of European rival GrandVision for about $6.1 billion, in a move that would further cement the Ray-Ban maker’s global position as the leading manufacturer and ret...
18:00 2019-07-31

Venezuela migrants propel billion-dollar delivery app BOGOTA, Colombia — It’s six in the morning and Samuel Romero is already pulling his bicycle out of a small garage. The 21-year-old Venezuelan migrant turns on his phone and logs on to Rappi, an app th...
18:00 2019-07-31

Here’s Why Apple Just Spent $1 Billion to Buy Intel’s Modem Business Apple is buying Intel’s struggling cellular modem unit, bringing on key engineering talent and patents that will allow the technology giant to more quickly develop crucial components to connect ...
19:00 2019-07-31

Plate tectonics began nearly 2 billion years before we thought Earth’s continents may have been shifting for 2.5 billion years, according to a study of ancient rocks that finds plate tectonics evolved far earlier than we thought...
00:34 2019-08-08

Apple posts Q3 earnings: Revenue hits $53.8 billion As far as Apple’s earnings are concerned, the June quarter isn’t necessarily exciting in and of itself. After all, the quarter doesn’t encapsulate the always-busy holiday shopping se...
20:51 2019-07-31

Snap is raising $1 billion to invest in content, AR, and possible acquisitions Snap said it will raise $1 billion in short-term debt and plans to invest in more media content, augmented reality features, and may buy other companies.Read More...
09:00 2019-08-07

Trump: U.S. will hit $300 billion worth of Chinese goods with 10% tariff U.S. President Donald Trump said on Thursday he would impose an additional 10% tariff on $300 billion worth of Chinese imports starting Sept. 1, as talks aimed at easing tensions between the world's t...
02:17 2019-08-02

German customs seizes $1.1 billion worth of cocaine German customs authorities say they have seized nearly 5 tons of cocaine in a container shipped from Uruguay, a haul with an estimated street value of nearly $1.1 billion....
18:17 2019-08-02

Humanity's Next Test: Feed 10 Billion Without Ruining Earth Experts Friday began negotiating the most comprehensive scientific assessment ever of the role the land we live off plays in climate change, expected to highlight the stark choices humanity faces to.....
23:17 2019-08-02

Lyft improves outlook despite projected loss of nearly $1 billion Lyft predicts it will lose between $850 million and $875 million in 2019, an improvement from its previous prediction of over $1 billion.       ...
05:34 2019-08-08

Brazil Will Give Workers Up to $8 Billion to Spur Growth President Jair Bolsonaro will allow Brazilians early access this year to as much as 30 billion reais in funds normally set aside for the unemployed in an effort to spur the country’s moribund economy....
00:51 2019-07-25

Ford Faces Big $1.2 Billion Lawsuit Over F-150 Fuel Economy Ford faces a potentially big lawsuit, pundits wonder if the new Corvette will sell, everyone is maybe getting real about autonomous cars and much more for The Morning Shift of Tuesday, July 23, 2019....
19:34 2019-07-23

Anadarko shareholders go for the cash in $38 billion Occidental buyout Shareholders of Anadarko Petroleum Corp on Thursday voted overwhelmingly to sell the company for $38 billion to rival Occidental Petroleum Corp , ending a short-lived contest that pitted two of the m...
18:00 2019-08-08

Colombia could spend $1 billion on new air force planes: sources Colombia is examining proposals from the United States, Spain and Sweden as it look to replace its aging military aircraft, the South American country's air force said on Tuesday....
00:17 2019-07-24

Deutsche Bank suffers $3.5 billion quarterly loss Deutsche Bank reported a bigger than forecast quarterly loss of 3.15 billion euros ($3.5 billion) because of major costs stemming from its efforts to reshape its business....
11:17 2019-07-24

KKR devours Tim Tam biscuits maker in $2.2 billion deal with Campbell KKR & Co said it is buying Campbell Soup Co's Australian snacks unit Arnott's that will give it ownership of top-selling biscuit brands such as Tim Tam, in a deal local media reported was worth $2.2...
11:17 2019-07-24

The world's largest brewer just made $1 billion from its new venture's arm — here's how Like other companies, AB InBev had not focused enough on innovation. The company had been talking about it since around 2010, and got "incrementally better," but wanted to do more. It founded ZX Ventu...
11:34 2019-07-24

Daimler Loses $1.3 billion On Diesel, Airbag Woes Daimler AG, the maker of Mercedes-Benz luxury cars, says it lost 1.2 billion euros ($1.3 billion) in the second quarter as the company booked 4.2 billion euros in one-time charges for troubles with......
12:51 2019-07-24

Deutsche Bank blames restructuring for €3.1 billion Q2 loss The German lender has reported a bigger loss than predicted last month when it announced a major business overhaul. The troubled bank says it would be profitable if not for the restructuring costs....
14:01 2019-07-24

Facebook To Pay Record $5 Billion Fine Over Privacy Violations Facebook Inc will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and the social media giant will restructure its approach to privacy...
16:17 2019-07-24

Struggling Deutsche Bank suffers $3.5 billion loss Deutsche Bank reported a bigger-than-forecast quarterly loss of 3.15 billion euros ($3.5 billion), underlining the challenges it faces as it attempts to turn around its struggling business. Deutsche B...
21:51 2019-07-24

Facebook’s $5 billion settlement blasted as insufficient by FTC’s own chiefs Facebook’s record-breaking $5 billion settlement is already being slammed as a slap on the wrist for Mark Zuckerberg — by leaders of the very government agency that orchestrated the deal. The Federal ...
21:51 2019-07-24

FTC hits Facebook officially with record $5 billion fine The Federal Trade Commission charged Facebook on Wednesday a record-breaking $5 billion penalty for violating a 2012 order by the commission related to fooling users about their ability to control pri...
22:51 2019-07-24

The billion-dollar travel group that tourism overlooks More and more people of color are embarking on international travel, creating lucrative opportunities for the tourism industry, but until now it's a market that's largely gone unrecognized....
11:34 2019-08-04

Baby Jupiter was smacked by a planet 4.5 billion years ago Jupiter has long been hailed as the mighty “king of planets” thanks to its massive size compared to most of the other planets in our solar system. It’s huge, and it’s mostly ma...
06:34 2019-08-15

Huawei says U.S. ban hurting more than expected, to wipe $30 billion off revenue China's Huawei Technologies Co Ltd has taken a harder-than-expected hit from a U.S. ban, the company's founder and CEO Ren Zhengfei said, and slashed revenue expectations for the year....
14:34 2019-06-17

Elanco to become No.2 in animal health with $7.6 billion Bayer deal Elanco Animal Health agreed to buy Bayer's veterinary drugs unit on Tuesday in a cash and stock deal valued at $7.6 billion, creating the second largest animal health business and expanding Elanco's...
14:00 2019-08-20

Slack Skyrockets to $21 Billion Valuation After Unusual Listing (Bloomberg) — A parade of initial public offerings from Silicon Valley this year have garnered mixed receptions from investors. Slack Technologies Inc. took a different route on Thursday, and sa...
22:34 2019-06-20

Huawei says U.S. curbs to cut smartphone unit's revenue by over $10 billion Chinese technology giant Huawei said on Friday the impact of U.S. trade restrictions on its business will be less than what it initially feared, though the curbs could push its smartphone unit's reven...
02:34 2019-08-24

California governor proposes a $21 billion wildfire fund California Governor Gavin Newsom has proposed helping utilities create a fund of up to $21 billion to compensate future victims of wildfires sparked by the companies' equipment or employees, an aide s...
01:34 2019-06-22

China needs nearly $440 billion to clean up rural environment: report China will need to spend 3 trillion yuan ($440 billion) over three years to improve village sanitation and clean up its heavily polluted rural environment, the official People's Daily reported on Satu...
12:34 2019-06-22

FDA approves ‘female Viagra,’ could tap potential $1 billion market Vyleesi, chemically known as bremelanotide, activates pathways in the brain involved in sexual desire, helping premenopausal women with hypoactive sexual desire disorder (HSDD)....
15:00 2019-06-22

U.S. might spend up to $1 billion to make U.S. networks 100% Huawei-free FCC Commissioner Geoffrey Starks, a Democrat, was confirmed by the Senate in January to that position joining fellow lefty Jessica Rosenworcel to make up the 2-3 minority on the regulatory agency. In ...
05:51 2019-06-23

Hasbro to buy studio Entertainment One, home of Peppa Pig, for $4 billion U.S. toy maker Hasbro Inc will buy Entertainment One Ltd for about $4 billion (3.27 billion pounds) in cash, adding the independent studio with preschool brands such as Peppa Pig and PJ Masks, the com...
23:34 2019-08-22

US Congress Approves $4.6 Billion In Emergency Border Funding US House Speaker Nancy Pelosi on Thursday bowed to pressure from President Donald Trump's Republicans as Congress approved $4.6 billion in emergency aid to ease a swelling migrant crisis on the......
07:34 2019-06-28

How Supreme Got Pulled Into a Fight for Its Billion-Dollar Brand Nearly every brand from Gap to Gucci has battled copycats around the globe. But Supreme, the world’s hottest streetwear brand, is battling an opponent who has registered trademarks and opened stores....
21:51 2019-06-28

India, Indonesia Set $50 Billion Trade Target By 2025 India and Indonesia on Saturday set an ambitious USD 50 billion target for bilateral trade over the next six years as Prime Minister Narendra Modi and President Joko Widodo discussed ways to deepen......
15:17 2019-06-29

US Approves Possible $8 Billion Fighter Jet Sale To Taiwan: Pentagon The US State Department has approved a possible $8 billion sale of F-16 fighter jets to Taiwan, the Defense Security Cooperation Agency said on Tuesday in an official notification to Congress....
10:00 2019-08-21

$4.6 Billion in Aid Advances to Help Cope With Migrant Surge at Border The Senate measure cleared a committee with bipartisan support and will be voted on by the full chamber next week, but it is unclear how well it matches the House’s plans....
23:51 2019-06-19

Oklahoma judge to rule in $17 billion opioid lawsuit against J&J An Oklahoma judge on Monday will decide whether Johnson & Johnson should be held liable in a $17 billion lawsuit alleging the drugmaker's marketing practices fueled the opioid epidemic by flooding th...
21:34 2019-08-26

Sotheby’s Auction House to Be Taken Private in $3.7 Billion Sale Patrick Drahi’s acquisition of the auction house, which has struggled to turn a profit recently, will return it to private ownership after 31 years of being publicly traded....
17:17 2019-06-17

Google wants next billion users, but has no plans to launch in China Google CEO Sundar Pichai said his company doesn't have plans to launch in China, but that doesn't mean the tech giant wants to ignore its hundreds of millions of Internet users....
19:34 2019-06-17

Huawei CEO says U.S. ban hit harder than expected, warns of $100 billion revenue dip Huawei CEO Ren Zhengfei said the impact of a U.S. ban on the Chinese company was more severe than expected, warning that revenue could dip by $100 billion.Read More...
21:00 2019-06-17

Sotheby's snapped up by French tycoon Drahi for $3.7 billion Franco-Israeli cable magnate Patrick Drahi made a surprise move into the art world by snapping up Sotheby's in a deal worth $3.7 billion, marking the art auction house's return to private ownership af...
23:17 2019-06-17

BP to quit Alaska after 60 years with $5.6 billion sale to Hilcorp British oil major BP Plc on Tuesday agreed to sell all its Alaskan properties for $5.6 billion to privately held Hilcorp Energy Co, exiting a region where it operated for 60 years....
23:34 2019-08-27

Google Makes Housing Commitment Valued at $1 Billion Google said it would commit $1 billion to boost housing construction in the San Francisco Bay Area, the latest in a series of commitments by tech companies to address an affordability crisis in the re...
22:51 2019-06-18

South Korea's Korean Air to buy 30 Boeing 787 planes for $9.67 billion South Korea's biggest carrier Korean Air Lines said on Wednesday it has signed a memorandum of understanding to buy 30 Boeing planes for $9.67 billion....
01:51 2019-06-19

Anadarko approves $20 billion LNG export project in Mozambique U.S. energy firm Anadarko Petroleum Corp on Tuesday gave the go-ahead for the construction of a $20 billion gas liquefaction and export terminal in Mozambique, the largest single LNG project approved...
01:51 2019-06-19

U.S. seizes $1 billion worth of cocaine from ship in Philadelphia Federal authorities seized 16.5 tons of cocaine worth more than $1 billion from a ship in Philadelphia in one of the largest drug seizures in U.S. history, the U.S. Justice Department said on Tuesday....
02:51 2019-06-19

PG&E Reaches $1 Billion Settlement With Paradise, California Governments PG&E has agreed to pay $1 billion to a range of California cities, counties and other government entities to settle claims related to taxpayer losses caused by three devastating fires in the state....
07:34 2019-06-19

U.S. foreign arms sales hit $44.15 billion in first three quarters of FY2019 The Pentagon's Defense Security Cooperation Agency (DSCA) has executed $44.15 billion in U.S. foreign arms sales through June 19, and the agency's director said he was optimistic the total for the ful...
17:51 2019-06-19

Amgen to buy Celgene psoriasis drug Otezla for $13.4 billion Amgen Inc will buy Celgene Corp's psoriasis drug Otezla for $13.4 billion in cash, clearing the way for Bristol-Myers Squibb to go ahead with its $74 billion deal for Celgene by the end of the year....
22:00 2019-08-26

Walmart to invest $1.2 billion in China to upgrade logistics Walmart plans to invest 8 billion yuan ($1.2 billion) in China over the next 10 years to upgrade logistics, the U.S. retail giant said on its social media account Monday....
14:51 2019-07-01

Warren Buffett To Donate Over $3 Billion Of His Fortune To 5 Charities Warren Buffett said Monday he plans to donate $3.6 billion of Berkshire Hathaway stock to five charities - one of his largest gifts ever - while Walmart heir Jim Walton gave away $1.2 billion of the.....
19:17 2019-07-01

Axe falls on 18,000 Deutsche Bank jobs in $8.3 billion reinvention Deutsche Bank laid off staff from Sydney to London on Monday as it began 18,000 job cuts in a 7.4 billion euro ($8.3 billion) "reinvention" which Germany's largest lender said would mean yet another a...
16:51 2019-07-08

Axe falls as Deutsche Bank lays off 18,000 in $8.3 billion reinvention Deutsche Bank laid-off staff from Sydney to New York on Monday as it began 18,000 job cuts in a 7.4 billion euro ($8.3 billion) "reinvention" which will lead to yet another annual loss and knocked its...
18:00 2019-07-08

Cancer deaths cost the US $94 billion in lost earnings Almost 500,000 Americans died of cancer in 2015 and a new study concludes the disease robbed them not only of their lives but of $94.4 billion in lifetime earning potential. The American Cancer Societ...
03:17 2019-07-09

U.S. Tentatively Approves $2 Billion in Arms Sales to Taiwan The sales, along with a pending visit to the United States by Taiwan’s president, are likely to put further strain on Washington’s relationship with Beijing....
09:17 2019-07-09

US Approves Potential $2.2 Billion Weapons Sale To Taiwan The US State Department has approved the potential sale to Taiwan of $2.2 billion in arms, including Abrams tanks and Stinger missiles, the Pentagon said on Monday....
15:34 2019-07-09

IBM closes $34 billion deal to buy Red Hat to boost cloud business International Business Machines Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc , as it looks to ramp up its cloud computing business....
01:00 2019-07-10

Walmart Got a $10 Billion (Happy) Surprise After Buying Flipkart Walmart debated for months whether to keep funding the payments business internally or whether to separate the operation so it could raise outside funds....
08:34 2019-07-10

Baby Jupiter was likely slammed by planet 4.5 billion years ago Jupiter has long been hailed as the mighty “king of planets” thanks to its massive size compared to most of the other planets in our solar system. It’s huge and it’s mostly made of gas, making it diff...
00:00 2019-08-17

Brooklyn Nets sale nearly complete, will be worth about $2.35 billion Canadian Joe Tsai will buy the controlling shares from Russian Mikhail Prokhorov, completing a deal worth about $2.35 billion for the NBA team.       ...
23:34 2019-08-16

U.S. Republican senators push $8 billion F-16 sale to Taiwan Two Republican U.S. senators said on Friday that Congress should move quickly with an $8 billion sale of F-16 fighter jets to Taiwan as China "seeks to extend its authoritarian reach" over the region....
18:34 2019-08-16

Reckitt to pay $1.4 billion to end opioid addiction treatment probes Reckitt Benckiser has agreed to pay up to $1.4 billion to end U.S. federal investigations into the marketing of an opioid addiction treatment by its former business Indivior, lifting a cloud that has ...
15:34 2019-07-11

U.S. Reaches $1.4 Billion Opioid-Drug Settlement With U.K.'s Reckitt U.K. consumer-goods company Reckitt Benckiser will pay up to $1.4 billion to settle U.S. investigations into whether its former pharmaceuticals unit organized a multibillion-dollar fraud to drive up s...
16:34 2019-07-11

WeWork looking to raise up to $4 billion in debt ahead of IPO: source Shared office space manager WeWork Cos is looking to raise $3 billion to $4 billion in debt before it goes public, a person familiar with the matter said on Sunday, a move aimed to fuel investor confi...
22:34 2019-07-07

Deutsche Bank to cut 18,000 jobs in 7.4 billion euro overhaul Deutsche Bank is to ax vast swathes of its trading desks in one of the biggest overhauls to an investment bank since the aftermath of the financial crisis, in a restructuring that will see 18,000 job...
22:34 2019-07-07

Lawsuit challenges constitutionality of $16 billion of Illinois bonds The sale of $10 billion of general obligation bonds in 2003 and $6 billion in 2017 by Illinois was unconstitutional because the proceeds were used for loans to the state's pension funds or to finance ...
23:17 2019-07-01

$300 billion in China tariffs still loom as a business worry Business groups warn that President Trump's Saturday announcement that the White House would not impose $300 billion in new tariffs on Chinese goods does not mean that those tariffs won't still be imp...
03:34 2019-07-02

MacKenzie Bezos To Be Richer By $38 Billion After Divorce Settlement Even after paying $38 billion in stocks, Jeff Bezos will retain 59.1 million shares of Amazon -- currently worth nearly $112 billion which still makes him the richest man in the world. MacKenzie ......
12:34 2019-07-02

Anheuser-Busch seeks $9.8 billion in 2019’s largest IPO Brewing giant Anheuser-Busch InBev NV is seeking to raise up to $9.8 billion by listing its Asia-Pacific business in Hong Kong, marking what would be the world’s largest initial public offering this y...
17:00 2019-07-02

This Fourth of July, Americans will shell out $1 billion on beer If spending is any guide, this country's patriotic spirit is alive and well, with Americans coughing up nearly $7 billion on food for the grill this July 4....
18:17 2019-07-02

Deutsche Bank to axe investment bankers in up to $5.6 billion revamp Deutsche Bank is preparing to unveil a sweeping, multi-billion euro overhaul within days that would see the axe fall heaviest on investment bankers, sources familiar with the matter said on Wednesday...
18:34 2019-07-03

Australian government set to secure support for $110 billion tax cut plan Australia's conservative government looked set to secure the required support on Thursday to pass A$158 billion ($110.47 billion) worth of tax cuts over the next decade, a fillip to an economy that is...
03:17 2019-07-04

The $1 billion-hop across the pond and the other airline routes that make the most money Business-traveler heavy routes like trans-Atlantic and transcontinental flights bring in the most revenue for airlines, which are racing to add more premium seats aboard their planes....
18:00 2019-08-18

Protecting Singapore from rising sea levels could cost S$100 billion Protecting Singapore against rising sea levels could cost S$100 billion ($72 billion) or more over 100 years, its prime minister said on Sunday, as the low-lying island-state makes preparations to mit...
17:34 2019-08-18

IMF Approves USD 6 billion Loan For Pakistan With Tough Conditions The IMF has approved a three-year USD 6 billion loan for cash-strapped Pakistan with tough conditions to address its balance of payment crisis and help the country's ailing economy return to......
18:34 2019-07-04

US Demands El Chapo Forfeit $12.7 Billion In Drug Money Prosecutors on Friday said they were seeking $12.7 billion from convicted Mexican drug kingpin Joaquin "El Chapo" Guzman, based on a conservative estimate of revenues from his cartel's drug sales in.....
03:17 2019-07-06

GM's self-driving unit is close to receiving a $2.25 billion boost It took more than a year, but GM's self-driving company is close to receiving a giant cash infusion. Cruise Automation confirmed to Reuters that the Committee on Foreign Investment in the US (CF...
04:51 2019-07-07

Reckitt to pay $1.4 billion to end U.S. opioid addiction treatment probes Reckitt Benckiser has agreed to pay up to $1.4 billion to resolve U.S. claims that its former pharmaceuticals business Indivior before it was spun out of the company carried out an illegal scheme to b...
23:00 2019-07-11

Study finds the universe might be 2 billion years younger New calculations suggest the universe could be a couple billion years younger than scientists now estimate -- and even younger than suggested by two other calculations published this year that trimmed...
18:00 2019-09-13

PG&E proposes restructuring plan with $17.9 billion for wildfire claims California power provider PG&E Corp on Monday unveiled the outlines of a reorganization plan that will pay $17.9 billion for claims stemming from the wildfires that pushed it to seek bankruptcy protec...
01:00 2019-09-10

Disaster aid bill worth $19.1 billion blocked again in House The U.S. House of Representatives on Tuesday failed again to pass a $19.1 billion disaster aid bill supported by President Donald Trump after a Republican lawmaker objected to the measure....
08:51 2019-05-29

Alibaba mulls second listing to raise $20 billion: Bloomberg Alibaba Group Holding Ltd is considering raising $20 billion through a second listing in Hong Kong, Bloomberg reported on Monday, citing unnamed people with knowledge of the matter....
02:00 2019-05-28

The new front in Trump's trade war could cost consumers at least $93 billion Based on 2018 trade numbers, it would equate to a tax on U.S. consumers that would start at $18.6 billion and escalate to about $93 billion. Those figures, while a baseline from which to measure, don&...
17:51 2019-05-31

Fighting Instagram's $1.3 Billion Problem—Fake Followers As influencers strive for ever-higher engagement numbers, the battle between fake followers and fake-follower-detection tools is turning into an arms race....
15:00 2019-09-10

U.S. Senate passes $19.1 billion in disaster relief, no border aid The U.S. Senate on Thursday approved $19.1 billion in aid to help Americans rebound from a string of natural disasters, but without the extra funds to address a migrant surge at the border that Presid...
23:51 2019-05-23

Trump Administration Rolls Out $16 Billion Farm-Aid Program President Trump rolled out a $16 billion plan to help farmers hit by the trade conflict with China and suggested Huawei Technologies could potentially be a bargaining chip in settling the dispute....
08:17 2019-05-24

Facebook removed 3 billion fake accounts in just 6 months Facebook removed more than 3 billion fake accounts from October to March, twice as many as the previous six months, the company said Thursday. Nearly all of them were caught before they had a chance t...
21:51 2019-05-23