NAIROBIDAILYNEWS.COM: Latest News 09:39 2019-06-12

Dassault Systemes to buy Medidata Solutions in $5.8 billion deal

French technology company Dassault Systemes has agreed to buy Medidata Solutions, a U.S. software company dealing in the sphere of clinical trials, in a record deal for Dassault worth $5.8 billion on ...

Dassault Systemes to buy Medidata Solutions in $5.8 billion deal

Source: reuters.com

Dassault Systemes targets life sciences with $5.8 billion Medidata deal France's Dassault Systemes moved to build up its life sciences presence with a $5.8 billion cash deal to buy Medidata Solutions, a U.S. firm focused on clinical trials....
12:52 2019-06-12

France's Dassault nears deal to buy healthcare software maker Medidata: CNBC French technology company Dassault Systemes SE is nearing a deal to acquire U.S.-based software firm for clinical trials Medidata Solutions Inc to boost its life sciences unit, CNBC reported on Tuesday, citing people familiar with the matter....
03:00 2019-06-12

France's Dassault nears deal to buy health software maker Medidata - CNBC French technology company Dassault Systemes SE is nearing a deal to acquire U.S.-based software firm clinical trials Medidata Solutions Inc, CNBC reported on Tuesday, citing people familiar with the matter....
23:39 2019-06-11

UPDATE 1-France's Dassault nears deal to buy healthcare software maker Medidata - CNBC French technology company Dassault Systemes SE is nearing a deal to acquire U.S.-based software firm for clinical trials Medidata Solutions Inc to boost its life sciences unit, CNBC reported on Tuesday, citing people familiar with the matter....
00:39 2019-06-12

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....
20:00 2019-06-19

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....
09:52 2019-06-04

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 which each aircraft will cost less than $80 million, a Pentagon official said on Monday....
22:13 2019-06-10

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 get 1.103 Salesforce shares, valuing the offer at $177.88 per share, which represents a premium of ...
16:26 2019-06-10

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 company said on Monday....
10:13 2019-06-03

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 shares in the German company lower on concerns over the cost....
12:00 2019-06-03

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....
07:52 2019-06-03

Infineon to buy Cypress Semiconductors in 9 billion euro 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 company said on Monday....
09:26 2019-06-03

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....
04:00 2019-06-03

Billionaire Patrick Drahi snaps up Sotheby's in $3.7 billion deal Patrick Drahi, the billionaire behind telecoms and media group Altice, agreed on Monday to buy Sotheby's in a deal worth $3.7 billion, marking the storied art auction house's return to private ownership after 31 years....
18:39 2019-06-17

Pfizer bolsters cancer portfolio with $10.64 billion deal for Array Pfizer Inc said on Monday it would acquire Array Biopharma Inc for $10.64 billion in cash to beef up its cancer portfolio as it faces rising generic competition for its blockbuster drugs....
14:52 2019-06-17

Explainer: Why is Huawei seeking $1 billion patent deal with Verizon? Huawei is demanding Verizon Communications Inc pay $1 billion to license the rights to patented technology, signaling a potential shift in the embattled Chinese company's strategy for the U.S. market....
19:13 2019-06-14

Infineon acquires Cypress Semiconductor in deal valued at $10 billion Infineon has agreed to buy Cypress Semiconductor in a deal that values the chipmaker at $10 billion and continues a trend of consolidation in the industry.Read More...
15:39 2019-06-03

Billionaire Patrick Drahi agrees to buy Sotheby's in $3.7 billion deal Patrick Drahi, the billionaire behind telecoms and media group Altice, has agreed to buy art auction house Sotheby's in a deal worth $3.7 billion on an enterprise value basis....
15:52 2019-06-17

Infineon revs up auto business with $10 billion Cypress deal Germany's Infineon has agreed to buy Silicon Valley-based Cypress Semiconductor for $10 billion, in an expensive move by Europe's largest chip-maker to expand further in next-generation automobiles and Internet technologies....
21:39 2019-06-03

Bloomberg: Dish is close to a $6 billion deal with Sprint and T-Mobile Over the last couple of weeks, we've heard that getting DoJ approval for T-Mobile's proposed $26 billion purchase of Sprint will require making moves to create a new national wireless carrier as a competitor. That could be achieved by selling off Boo......
14:52 2019-06-19

Sotheby’s to go private in deal valuing action house at $2.66 billion Patrick Drahi, the billionaire behind telecoms and media group Altice, has agreed to buy art auction house Sotheby’s in a deal valuing it at $2.66 billion. Sotheby’s said it had signed a definitive agreement to be acquired by BidFair USA, an acquisition vehicle set up by Drahi, that had ...
16:39 2019-06-17

Art Collector Patrick Drahi to Take Sotheby's Private in $2.7 Billion Deal French billionaire Patrick Drahi is buying Sotheby’s for $2.7 billion, ending the storied auction house’s 31-year run as a public company as it seeks to expand its digital business....
21:52 2019-06-17

Goldman Sachs to buy Capital Vision Services in $2.7 billion deal: WSJ The merchant-banking division of Goldman Sachs Group Inc is set to buy Capital Vision Services LP, which manages MyEyeDr. optometry centers, in a deal valued at $2.7 billion including debt, the Wall Street Journal reported on Monday....
07:13 2019-06-03

Global Payments, Total System to Combine in $21.5 Billion Deal Global Payments and Total System Services agreed to combine in an all-stock transaction valued at roughly $21.5 billion, the latest in a string of deals involving large financial technology firms....
15:26 2019-05-28

Pfizer makes $10.6 billion cancer bet in cash deal for Array Biopharma Pfizer Inc on Monday said it would buy Array Biopharma Inc for $10.64 billion in cash, a deal it hopes will help make it a leader in colon cancer and build up its pipeline of oncology drugs....
00:13 2019-06-18

Investors pull more than $20 billion from stocks on 'trade deal trauma': BAML Global equities have seen outflows of $20.5 billion in the past week as "trade deal trauma" pushed more money into bonds, Bank of America Merrill Lynch said on Friday, the latest sign of how growing......
15:00 2019-05-21

Sotheby's Sold To French Billionaire Patrick Drahi In $3.7 Billion Deal French telecoms and media mogul Patrick Drahi is acquiring Sotheby's auction house, one of the world's biggest art brokers, in a $3.7 billion deal, the British-founded company announced Monday....
00:13 2019-06-18

Global Payments nearing $20 billion deal to buy Total System: source Payment technology company Global Payments Inc is nearing a deal to acquire peer Total System Services Inc (TSYS) for about $20 billion in an all-stock deal, a source familiar with the matter said on Friday....
00:00 2019-05-25

Making Data Coherent Drives Salesforce’s $15.3 Billion Deal for Tableau Salesforce’s deal to buy the business tools maker Tableau, its largest ever acquisition, was pushed by the need to make business information understandable....
22:52 2019-06-10

Dish Network nearing $6 billion deal for T-Mobile-Sprint assets: Bloomberg Satellite TV provider Dish Network Corp is in talks to buy the wireless assets of T-Mobile US Inc and Sprint Corp for at least $6 billion, Bloomberg reported on Tuesday, citing people familiar with the matter....
22:00 2019-06-18

T-Mobile and Sprint May Offload $6 Billion in Assets to Dish As Part of Merger Deal With DOJ Dish Network Corp. is “in talks” to buy up assets that T-Mobile and Sprint are planning to sell off in order to have their terrible merger approved by antitrust authorities, Bloomberg reported on Tuesday.Read more......
06:26 2019-06-19

Dish reportedly in talks to buy Boost; $6 billion deal could allow T-Mobile to merge with Sprint This week could be a very pivotal one for the $26.5 billion T-Mobile-Sprint merger. With FCC approval in the bag, the Department of Justice will reportedly sign off on the transaction this week. The DOJ has been against the deal since the beginning, fearing that by reducing the number of major carri...
01:52 2019-06-19

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...
17:52 2019-06-10

Carl Icahn Sues Occidental, Calling $38 Billion Anadarko Deal 'Fundamentally Misguided' Activist investor Carl Icahn sued Occidental Petroleum, calling its $38 billion deal to buy Anadarko Petroleum “fundamentally misguided” and saying a sale of Occidental might be better for shareholders....
23:52 2019-05-30

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....
16:00 2019-06-10

Puerto Rico's oversight board strikes $35 billion restructuring deal with commonwealth's bondholders The agreement, which is on the framework for the plan of adjustment, provide for more than a 60% average haircut for all $35 billion, a 36% haircut on pre-2012 general obligation or "GO" bonds, and a 27% haircut on public authority bonds that carry a constitutional guarantee on payment....
06:52 2019-06-17

Google's $2.6 billion Looker deal gets it into Santa Cruz, a beach town with lots of tech talent Looker gives Google easier access to tech talent on a remote edge of Silicon Valley, and one of the few San Francisco Bay Area locations where it has little real estate: Santa Cruz....
00:39 2019-06-11

Best MDM solutions in 2019 The use of mobile devices within a corporation has become an ordinary part of modern business, but having so many devices operating both within and outside the company offices can be a real headache to manage.This is especially because of the security risk they pose, as one lost cell phone with acce...
23:39 2019-06-15

Global Payments, TSYS merge in $21.5 billion deal as fintech, payments market evolves to be software driven The idea is that the combination of Global Payments and TSYS will have a software stack and developers to better compete in omnichannel, e-commerce and digital payments....
16:00 2019-05-28

Not enough resettlement solutions for refugees worldwide, says UN Despite record numbers of people forcibly displaced across borders, with 1.2 million in need of a new permanent place to call home last year, the UN refugee agency (UNHCR) released new data on Tuesday showing that only 55,700 of them – 4.7 per cent – were able to be resettled in 2018....
16:00 2019-05-21

Today's most innovative enterprise solutions Max Wessel spoke with TechRepublic at the 2019 SAP SAPPHIRE NOW conference about the most beneficial enterprise solutions organizations should be using....
15:39 2019-05-21

U.S. eases restrictions on Huawei for uses to find new solutions The U.S. Department of Commerce has granted temporary trade exemptions concerning Chinese telecom company Huawei, allowing companies that use its services to find other solutions....
19:01 2019-05-21

West Indies Must Find World Cup Solutions, Not Excuses, Says Coach West Indies started their campaign in England in impressive style, beating Pakistan by seven wickets but have since lost to Australia, England and Bangladesh....
21:52 2019-06-18

| Vatican seeks 'effective solutions' for Frenchman in vegetative state The Vatican has called for "effective solutions" to protect the life of a Frenchman living for years in a vegetative state, hours after a court told doctors to resume his life support....
10:39 2019-05-22

Alberta institute wants to share Indigenous solutions to handling wildfires A study based at an institute in Canmore will look to limit and cope with wildfire by studying how First Nations managed fire, modernizing traditional stories from Indigenous elders....
02:13 2019-05-22

BS6 Car Components And Powertrain Solutions To Be Delivered From September 2019: Continental Continental is targeting to be ready with its technology a little ahead of the deadline and supply it to OEMs in a bid to give them more time for installation and tuning which ultimately will ensure......
17:52 2019-06-13

These firms promise high-tech ransomware solutions—but typically just pay hackers Enlarge / Cryptolocker was one of the ransomware pioneers, bringing together file encryption and bitcoin payment. (credit: Christiaan Colen / Flickr) This story was originally published by ProPublica. It appears here under a Creative Commons license. From 2015 to 2018, a strain of ransomware...
15:26 2019-05-21

Trump's Mideast envoy slams UN over 'Band-Aid' solutions to Israel-Palestinian conflict The Trump administration's chief negotiator for the Israeli-Palestinian conflict delivered a blunt message to the United Nations Security Council Wednesday, asserting that it is time “to move past Band-Aid solutions" and claiming that the U.N. agency to support Palestinian refugees had "failed" in i...
05:26 2019-05-23

Boeing's Tapestry Solutions announces $259M military aircraft software contract Boeing's Tapestry Solutions division announced a 10-year, $259 million contract to provide Weapon Planning Software to the U.S. military and its allies....
23:00 2019-05-29

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.       ...
19:00 2019-06-14

Qatar says economic conditions for Israeli-Palestinian peace require 'fair political solutions' Qatar said on Friday that economic development needed for Israeli-Palestinian peace could not be achieved without "fair political solutions" acceptable to Palestinians, referring to a U.S. plan set to be unveiled next month....
00:52 2019-05-25

UN ‘financial crisis,’ years in the making, Guterres tells budget body, proposes solutions The UN’s financial crisis has been years in the making and is undermining the organization’s mandates and reform efforts, Secretary-General António Guterres told the Fifth Committee,  the body responsible for the United Nations budget,  on Tuesday....
00:26 2019-06-06

‘Bicycle Kingdom’ makes a comeback, as China seeks solutions to tackle air pollution crisis Cars have replaced bicycles as the primary means of transport in many Chinese cities but, with air pollution a major problem for the country, the bike is making a comeback, thanks to digital technology, and some 21st Century thinking....
04:26 2019-06-04

Protests, violence in Haiti prompts international call for ‘realistic and lasting solutions’ to crisis Opposition-led protests in Haiti calling for the president to step down, which sparked violence last week, have prompted a group of senior diplomats, included the top UN official there, to issue a statement deploring the loss of life and calling for dialogue to end the crisis. ....
15:39 2019-05-21

‘The green economy is the future,’ UN chief says in Beijing, urging climate solutions that strengthen economies, protect the environment Winning the race against climate change to keep our planet livable and on a healthy trajectory requires action rooted in sustainable solutions aligned with the Paris Agreement and the UN-driven 2030 Agenda for sustainable development, Secretary-General António Guterres said on Saturday....
14:52 2019-05-21

Wednesday’s Daily Brief: Sudan, Libya, Yemen updates, solutions for e-waste, flood response in Iran, online security for children At the top of the news agenda on Wednesday: updates on violence in Sudan’s Darfur and in Libya, how e-waste can become an employment opportunity, help for the 2 million affected by floods in Iran, and efforts to make the internet safer for children....
21:00 2019-05-21

Lab-grown meat, GMOs, high-tech ag: 'Fate of Food' explores solutions to global food crisis Amanda Little explores how we'll feed the world when there too many mouths to feed amid intensifying climate change.        ...
20:39 2019-06-06

Deal: Apple iPad mini 5 deal gets you $70 off a new model The iPad mini series is great for mobility, it's smaller than a regular tablet and slightly larger than the biggest smartphone. The iPad mini tablets were so loved by Apple fans that the Cupertino-based company had to bring back the lineup by popular demand.One of the most recent tablets launched by...
22:52 2019-06-18

Britain's Malthouse says: We want a Brexit deal but should prepare for no deal British Housing Minister Kit Malthouse, who has put himself forward as a candidate to replace Prime Minister Theresa May, said he wanted a Brexit deal but that preparations should begin in earnest for a no-deal exit....
08:52 2019-05-28

Deal or no deal: what next for Brexit, the Tories and the country? Things will have to move fast if the new PM is to take the UK out of the EU before 31 OctoberToday’s developments - liveNow that Theresa May has announced her resignation date, what happens next?Initially nothing. She will remain in post to bear the burden of the European election results, which wil...
20:52 2019-05-24

Deal or no deal, we leave EU on Oct. 31: UK PM candidate Johnson Boris Johnson, frontrunner to be Britain's next prime minister, promised on Monday to lead the country out of the European Union on Oct. 31 with or without an exit deal, launching his leadership bid in a campaign video....
18:00 2019-06-03

The UK after May: no-deal, new deal, socialism - or no Brexit? The end of Theresa May's premiership will usher in an even more turbulent phase of Britain's exit from the European Union as any new leader is likely to seek to strike a tougher divorce deal, and there could be an election within months....
19:39 2019-05-23

This Pokémon Let's Go Bundle Deal Is the Very Best, Like No Deal Ever Was If you’re super hyped about last night’s Pokémon news and it’s given you a reason to want to buy Pokemon: Let’s Go, Pikachu!, Walmart has a great deal on the bundle. Right now, Pokemon: Let’s Go, Pikachu! w/ Poke Ball is just $79, or $20 off its regular price....
23:26 2019-05-29

Deal or no deal, US needs Mexicans Trump has used tariffs as a stick to threaten the US's trading partners into submission, as in his spat with Mexico. But if the US cuts immigration from its southern neighbors, who will do the jobs Americans don't want?...
02:00 2019-06-11

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....
02:01 2019-06-14

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....
12:52 2019-06-13

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....
20:00 2019-06-06

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....
17:26 2019-05-21

Infineon to Buy Cypress Semiconductor for $9.4 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....
14:39 2019-06-03

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)        ...
00:13 2019-06-19

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, its block trading platform powered by BIDS technology, since its launch less than 10 months ago....
21:52 2019-05-21

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 so much freaking money....
01:26 2019-05-31

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 technology....
18:26 2019-06-17

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....
15:13 2019-05-21

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 that they don’t see CBS writing a $5-billion-plus check to Lionsgate to acquire Starz, the station ...
05:39 2019-05-25

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....
15:52 2019-05-21

US consumer borrowing up $17.5 billion in April 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....
00:00 2019-06-08

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. ...
18:26 2019-06-14

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....
19:26 2019-06-13

Raytheon Is the $50 Billion Finishing Touch For United Technologies, a deal with the defense giant would replenish revenue it’s losing in a breakup and mark the capstone of a dramatic makeover....
23:26 2019-06-09

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 year on year, to set a new record for the company's first quarter. Operating income rose 29 percent ...
14:52 2019-05-21

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....
21:13 2019-06-10

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....
20:13 2019-05-23

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 representing 14 local public entities announced the settlement with Pacific Gas & Electric on Tuesday to co...
23:52 2019-06-18

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 clears the way for the measure to be sent to President Donald Trump for his expected signature. The...
01:52 2019-06-04

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....
23:52 2019-05-30

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, raising alarm about the effects of climate change on coastal nations. That’s according to a g...
14:13 2019-05-30

Mozambique seeks $3.2 billion to recover from cyclones JOHANNESBURG (AP) — Mozambique says it needs $3.2 billion to recover from a pair of tropical cyclones that ripped into the southern African nation this year and killed more than 600 people. That’s according to a government assessment for a global pledging conference that begins Friday. Some ai...
11:26 2019-05-30

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...
02:52 2019-06-17

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” called Theia smashed into Earth. Planetologists at the University of Münster in Germany have ...
00:52 2019-05-24

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....
18:13 2019-06-04

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 appeared and then diversified. Yet studies of DNA suggest that fungi may have originated far earlier t...
03:13 2019-05-23

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 town. ...
04:26 2019-06-19

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 target customers with tools to analyze and visualize data....
02:13 2019-06-11

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 expansion....
11:52 2019-06-07

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 insubstantial pressure of carrying the weight of a nation's expectations on your shoulders....
14:00 2019-05-22

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....
21:26 2019-05-23

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 portfolio....
20:52 2019-05-29

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 so-called social credit system are being tested in a dozen cities with the aim of eventually creatin...
11:13 2019-06-04

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 announced today. In addition to that, Facebook said it disabled 1.2 billion fake accounts in Q4 2018. These numbers are quite staggering when you consider tha......
18:26 2019-05-23

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-relationship management tools....
21:52 2019-06-10

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 creating with more than two dozen partners including Uber, PayPal, Visa and Spotify. The digital currenc...
14:26 2019-06-18

PG&E agrees 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 representing 14 local public entities announced the settlement with Pacific Gas & Electric on Tuesday to co...
04:26 2019-06-19

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 ‘Aphrodite’ field. Georgios Lakkotrypis said Wednesday that a renegotiated contract with the consortiu...
13:52 2019-06-05

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 share their networks....
15:26 2019-06-13

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....
04:52 2019-06-18

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....
13:00 2019-06-17

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, Cboe FX, reported record spot average daily volume (ADV) of $42.6 billion in January, surpassing its...
21:52 2019-05-21

WeWork lost $1.9 billion last year, but it's considering going public The We Company, parent company of WeWork, is the latest in a string of richly valued start-ups set to go public this year. But though it is valued at $47 billion, it's far from turning a profit. Instead, it's hemorrhaging cash....
16:52 2019-05-21

PG&E in talks with lawmakers on $11 billion fund: Bloomberg Troubled power utility company PG&E Corp has spoken to lawmakers for arranging about $11 billion fund to settle claims related to wildfires, Bloomberg reported on Wednesday....
01:00 2019-06-06

| 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....
23:39 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 System technology has become widely adopted in the United States and abroad. The concept of satellite-ba...
19:26 2019-06-14

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 expected to close late this year or early in 2020. The companies said the sale price represents a 4...
13:26 2019-06-03

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....
22:00 2019-05-28

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 overcame tense infighting among Republicans, who hold narrow majorities in the House and Senate. Budget bil...
18:13 2019-05-28

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 Commission auction that sold airwave licenses covering the whole US. Verizon committed to spend $506 million...
22:00 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......
11:26 2019-06-06

US trade deficit shrinks to $50.8 billion in April WASHINGTON (AP) — The U.S. trade deficit shrank in April, but the politically sensitive deficit with China moved higher. The Commerce Department says the gap between the goods and services the U.S. buys and what it sells abroad fell 2.1% to $50.8 billion in April from March. Exports fell 2.2% to $20...
15:26 2019-06-06

Trump announces $16 billion in aid for U.S. farmers hit by trade war The package announced at the White House is bigger than last year's $12 billion in emergency aid for farmers and ranchers caught in tariff showdowns....
05:52 2019-05-24

Airtel Africa Looks at $1 Billion London Listing Airtel Africa is considering a stock market flotation in London, it said on Tuesday, part of efforts to expand its data and mobile money services across Africa....
15:13 2019-05-28

Huawei's US ban may cost $30 billion, but it vows to rebound If you were wondering what the short-term cost of America's war with Huawei was, then your estimates can begin at the $30 billion mark. That's the figure Huawei chief Ren Zhengfei mentioned earlier today when discussing the hit his company will take......
16:00 2019-06-17

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 weak demand for its biomaterial products....
14:00 2019-05-29

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 2027....
03:26 2019-06-18

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 for $1.35 billion....
16:39 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....
22:26 2019-05-27

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....
23:26 2019-05-28

Here’s how much Binance paid to move $1.26 billion worth of Bitcoin Cryptocurrency exchange Binance moved a gut-wrenching $1.26 billion worth of Bitcoin today – and it paid just $124.60 in network fees for the service. The epic transfer was signaled by Binance CEO Changpang Zhao earlier this morning in a tweet. We will be moving some funds between our cold wallets. ...
16:13 2019-05-29

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 after 31 years....
00:13 2019-06-18

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....
16:26 2019-06-13

The Swiss Surfer Behind $2 Billion Payments Startup Checkout.com Guillaume Pousaz has built a payments firm he acquired in 2009 into a highly valued transaction processor for fast-growing internet companies that is now expanding in the U.S. and moving into other financial services....
13:52 2019-05-25

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 weedkiller research....
11:26 2019-06-14

Musk's SpaceX raised over $1 billion in six months: filings Billionaire entrepreneur Elon Musk's SpaceX has raised more than $1 billion in financing in the last six months as it aims to roll out an ambitious high-speed internet service by using a constellation of satellites to beam signals from space....
01:13 2019-05-25

California lawmakers poised to approve $214.8 billion budget SACRAMENTO, Calif. (AP) — California lawmakers are poised to approve a framework for a $214.8 billion budget that seeks to address a teacher shortage and bolster the state’s top firefighting agency following the most devastating wildfire season in state history. State law requires lawmakers to...
08:26 2019-06-13

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 the surprise weekend announcement....
15:01 2019-06-10

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....
01:52 2019-06-10

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....
15:01 2019-06-10

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....
07:26 2019-06-19

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."...
11:26 2019-06-07

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 European Union gives Britain better exit terms....
13:39 2019-06-09

Airtel Africa Plans London IPO To Cut $16 Billion Debt In February, Airtel unveiled plans to raise as much as Rs 32,000 crore for a war chest to take on Jio as well as to prepare for an impending 5G airwaves auction....
07:52 2019-05-29

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 billion) in weedkiller research....
17:00 2019-06-14

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....
05:26 2019-05-24

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....
04:26 2019-06-19

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 region....
04:39 2019-06-19

Facebook removes 3 billion fake accounts over six months Facebook removed more than 3 billion fake accounts over a six-month span, far outpacing previous efforts by the company in striking fraudulent accounts from the platform, the tech giant said Thursday....
06:39 2019-05-25

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 deal for its effect on competition....
11:13 2019-06-10

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....
16:13 2019-06-10

Naspers Listing Looks to Unlock Value in $122 Billion Tencent Stake Africa’s most valuable company said it will move forward with plans to list its massive internet assets in Amsterdam, a bid to reduce the discount its shares trade at relative to the value of its $122 billion stake in Tencent....
15:26 2019-05-29

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 with plenty of weird and horrifying tales, there’s one story that should get more attention in the wake...
20:00 2019-06-07

Anadarko approves $20 billion LNG export project in Mozambique U.S. energy firm Anadarko Petroleum Corp gave the go-ahead on Tuesday for the construction of a $20 billion gas liquefaction and export terminal in Mozambique, the largest single LNG project approved in Africa, according to the government of Mozambique and energy consultancy Wood Mackenzie....
22:00 2019-06-18

In 6 Months, Facebook Removes Over 3 Billion Fake Accounts (SAN FRANCISCO) — 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 to become “active” users of the social network. In a new report, ...
20:52 2019-05-23

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 to become “active” users of the social network. In a new report, Facebook said it saw a “steep increa...
20:39 2019-05-23

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 President Donald Trump had requested....
23:26 2019-05-23

WeWork looking for $2.75 billion credit line ahead of IPO: Bloomberg Workspace operator WeWork Cos is in talks with banks to raise $2.75 billion in debt ahead of its initial public offering, Bloomberg reported on Wednesday, citing people familiar with the matter....
20:26 2019-05-29

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. The deal would reshape the competitive landscape by forming a conglomerate which spans commercial a...
17:00 2019-06-10

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....
02:00 2019-06-13

Flipkart founder: How I sold my business to Walmart for $16 billion Binny Bansal, co-founder of Indian e-commerce giant Flipkart, says there are three traits that led to the business landing a record-breaking sale to retail giant Walmart....
14:52 2019-05-21

Man Who Lost $35 Billion In One Year Has Some Advice For Elon Musk Walking down a busy street in Rio de Janeiro one recent afternoon, we bumped into the Brazilian who is best known for losing $35 billion in a single year. After initially trying to deflect questions,......
16:52 2019-06-01

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 disputes with the United States....
11:39 2019-06-06

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 head of Swiss engineering group ABB....
14:13 2019-06-11

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....
15:52 2019-06-06

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't take into account all the impact....
18:00 2019-05-31

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......
18:39 2019-06-15

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 world's largest economies late this month....
19:13 2019-06-06

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 full year would reach last year's $55.66 billion....
18:00 2019-06-19

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 Thomas Kurian....
19:13 2019-06-06

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....
18:00 2019-06-17

TransferWise valued at $3.5 billion after $292 million secondary funding Peer-to-peer money transfer service TransferWise has announced that it is now valued at $3.5 billion, after pursuing a $292 million secondary funding.Read More...
09:13 2019-05-22

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....
18:01 2019-06-17

Cboe LIS Hits New Milestone of €20 Billion Traded Since Launch LONDON – 3 January 2018 – Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today reported that Cboe Europe Equities traded more than €20 billion in notional value on Cboe LIS, its European large-in-scale block trading platform powere...
21:52 2019-05-21

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...
15:39 2019-06-17

$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....
23:52 2019-06-19

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-production units could be cut....
14:52 2019-06-05

Cboe Periodic Auctions Hits First €1 Billion Day on 24 April LONDON – 25 April 2018 – Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today reported that Cboe Europe’s Periodic Auctions book set a new one-day record of €1.08 billion notional value traded yesterday, surpassing the €1 billion thresho...
16:00 2019-05-21

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 contracts with major sites between 2006 and 2016,......
18:13 2019-06-05

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 kingdom following the killing of Washington Post columnist Jamal Khashoggi by Saudi agents in Turkey las...
13:26 2019-06-03

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....
10:39 2019-06-03

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....
14:52 2019-06-17

Hong Kong looks to raise up to $1 billion in green bonds Hong Kong is looking to raise between $500 million and $1 billion in five-year green bonds as the former British colony looks to establish itself as a center for green finance....
19:01 2019-05-21

Loss of the UK’s ash trees due to fungal disease may cost £15 billion Ash dieback, a fungal disease in the UK’s ash trees, could cost the country nearly £15 billion in clean-up and lost ecosystem benefits like carbon sequestration...
19:39 2019-05-21

Monsanto ordered to pay US$2 billion in latest Roundup blow Jury in California orders Bayer-owned Monsanto to pay more than US$2 billion in damages to a couple that sued on grounds the product caused their cancer....
15:52 2019-05-21

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.       ...
14:52 2019-06-17

Donors pledge $1.2 billion to rebuild Mozambique after cyclones: U.N. International donors pledged to contribute $1.2 billion to help rebuild areas and infrastructure destroyed by cyclones Kenneth and Idai in Mozambique, according to the United Nations, less than half the amount the government says is needed....
14:13 2019-06-02

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 seeking more than $1 billion, a person briefed on the matter said on Wednesday....
23:52 2019-06-12

New Zealand Unveils New "Wellbeing" Budget With $2.5 Billion Spending New Zealand on Thursday unveiled a $2.5-billion-dollar spending package under its 'wellbeing' budget, prioritising mental health and alleviating child poverty, as it rolled out a new approach to......
07:52 2019-05-30

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 ordered NASA to get boots on the moon by 2024 or else. Now, with a drastically shortened timeline, NASA ...
00:39 2019-06-15

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 Beech; Editing by David Alexander)...
23:39 2019-06-14

UN: World population expected to rise to 9.7 billion in 2050 UNITED NATIONS (AP) — The United Nations says the world’s population is getting older and growing at a slower pace but is still expected to increase from the current 7.7 billion to 9.7 billion in 2050. The U.N. Department of Economic and Social Affairs’ Population Division said in a repo...
20:26 2019-06-17

Monthly US trade deficit rises slightly to $72.1 billion The U.S. Census Bureau reported Thursday that the international trade deficit in goods rose to $72.1 billion in April, up a marginal 0.3% from March's level of $71.9 billion according to an "advance look" at the data. The shift was due to exports dropping at a faster rate than imports....
19:52 2019-05-30

Nearly one billion people in Africa to be protected against yellow fever by 2026 Nearly one billion people will be vaccinated against yellow fever in 27 high-risk African countries by 2026 with support from WHO, Gavi – the Vaccine Alliance, UNICEF and more than 50 health partners. The commitment is part of the Eliminate Yellow fever Epidemics (EYE) in Africa strategy, which was...
18:13 2019-05-21

TikTok owner ByteDance is a $75 billion Chinese tech giant — here's what you need to know about it ByteDance owns viral social media apps like TikTok and news aggregators like Toutiao in China. It's now looking to expand its reach into new areas like smartphones....
01:52 2019-05-30

Costly ‘earmarks’ reach $15 billion, largest since pork ban imposed Despite a ban on congressional pork-barrel projects imposed in 2011, the House and Senate last year snuck in 282 “earmarks” costing taxpayers $15.3 billion in last year’s spending bills, according to a watchdog group....
15:52 2019-06-12

Azerbaijan cancels $1 billion contract with Boeing for safety reasons Azerbaijan airline AZAL has canceled a $1 billion contract with Boeing to purchase 10 737 MAX jets, a spokesman said on Monday, following the fatal crashes involving the aircraft in Ethiopia and Indonesia....
12:00 2019-06-03

As US ETFs see $7 billion in outflows this month, experts pinpoint where to hide U.S.-based exchange-traded funds saw $7 billion leave their portfolios just in the month of May, but ETF watchers say staying invested is a better strategy than cashing out....
05:39 2019-05-30

Google Made $4.7 Billion From the News Industry in 2018, Study Says Journalists create the content, and big tech companies are profiting off it, according to a new analysis. “We need to share the revenue,” a news publisher says....
23:00 2019-06-09

Europe's 5G to cost $62 billion more if Chinese vendors banned: industry A ban on buying telecoms equipment from Chinese firms would add about 55 billion euros ($62 billion) to the cost of 5G networks in Europe and delay the technology by about 18 months, according to an industry analysis seen by Reuters....
14:52 2019-06-07

"Could Kill Millions": US Seizes $1 Billion Worth Of Cocaine From Ship 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 US history, the US Justice Department said on Tuesday....
10:39 2019-06-19

Broadcom's $2 billion warning rattles global chip sector Broadcom Inc sent a shockwave through the global chipmaking industry on Friday with its forecast that U.S.-China trade tensions and the ban on doing business with Huawei Technologies would knock $2 billion off the company's sales this year....
20:26 2019-06-14

U.S. $16 billion farm aid program to help expand markets: USDA's Perdue U.S. President Donald Trump's $16 billion aid program will help American farmers hurt by the ongoing U.S.-China trade war, including efforts to open the door to their products outside of China, the U.S. agriculture secretary said on Thursday....
16:39 2019-05-23

KKR to sell Korea-based KCFT to SK Group affiliate for $1 billion U.S. private equity investor KKR & Co Inc said on Wednesday it is selling Korea-based KCF Technologies (KCFT) to SKC, an affiliate of South Korean conglomerate SK Group, for 1.19 trillion won ($1 billion)....
07:39 2019-06-13

Meet the 27-year-old set to be India's first woman to co-found a $1 billion start-up At 27, Ankiti Bose is already the CEO of online shopping site Zilingo, and on course to become the first Indian woman to co-found a $1 billion start-up....
16:13 2019-05-23

Alibaba plans $20 billion Hong Kong listing: sources Alibaba Group is considering raising as much as $20 billion through a second listing and has picked Hong Kong as the venue, three sources told Reuters, in another blockbuster deal after its record $25 billion public float in New York in 2014....
04:39 2019-05-28

Broadcom's $2 billion warning shocks global chip sector LONDON/BENGALURU - Broadcom Inc sent a shockwave through the global chipmaking industry on Friday with its forecast that U.S.-China trade tensions and the ban on doing business with Huawei Technologies would knock $2 billion off the company's sales this year....
19:13 2019-06-14

Canada's Trudeau to invest C$15.7 billion in coast guard overhaul Prime Minister Justin Trudeau on Wednesday said Canada would spend an estimated C$15.7 billion ($11.7 billion) to renew its coast guard fleet and that it would partner with a new shipyard to complete the project....
00:39 2019-05-23

Astronomers Peer Back 13 Billion Years and See Two Galaxies Colliding Scientists have spotted one of the most distant (and therefore the youngest) example of merging galaxies yet observed, according to new results.Read more......
23:26 2019-06-18

SoftBank Faces Challenges Raising Latest $100 Billion Fund SoftBank’s bid to raise a second mega fund has met with a chilly reception from some of the world’s biggest money managers, signaling that a crucial initiative for the firm faces significant hurdles....
21:13 2019-06-02

MacKenzie Bezos Pledges To Donate Half Of Her $36 Billion Fortune MacKenzie Bezos, the former wife of Amazon.com Inc Chief Executive Officer Jeff Bezos, pledged on Tuesday to give half of her $36 billion fortune to charity, following a movement founded by......
18:26 2019-05-28

SoftBank's Vision Fund to borrow $4 billion against stakes in Uber and two others: FT SoftBank's Vision Fund is looking to borrow $4 billion against its stakes in Uber Technologies Inc, soon-to-go-public Slack Technologies Inc, and blood-testing company Guardant Health Inc, the Financial Times reported, citing people directly involved in the deal....
08:13 2019-05-30

Wells Fargo to donate $1 billion toward affordable housing by 2025 Wells Fargo & Co said on Wednesday it will narrow the focus of its philanthropy toward three causes including affordable housing and will donate $1 billion to housing over the next few years....
09:52 2019-06-05

Political Ad Spending Will Approach $10 Billion in 2020, New Forecast Predicts Political ad spending will increase to $9.9 billion in 2020, according to the latest U.S. ad forecast from WPP PLC’s ad-buying unit GroupM. That would be up from $8.7 billion in 2018, the year of the midterm Congressional elections, and $6.3 billion in 2016....
21:26 2019-06-04

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....
09:39 2019-06-17

Huawei CEO expects sales to drop to $100 billion in 2019, 2020 China's Huawei Technologies Co Ltd expects sales to drop to around $100 billion this year and the next, CEO Ren Zhengfei said on Monday, as its business comes under pressure due to U.S. sanctions....
09:39 2019-06-17

A Russian Billionaire's $1.3 Billion Bet on New York's Iconic Crown Building Vladislav Doronin says three penthouses at his Aman-branded project have sold for more than $325 million, despite a sluggish market and an oversupply of luxury condos....
23:39 2019-06-13

Fortress Becomes Japan's Biggest Private Apartment Landlord With $1 Billion Bet Fortress Investment Group is buying dated units on the outskirts of big Japanese cities—and in the process it has become the largest private owner of apartments in Japan....
16:52 2019-06-18

Brazil's Vale will invest $1.9 billion to shut down nine dams -filing Brazilian mining company Vale SA said it will spend $1.9 billion for the decommissioning of nine tailing dams in the Brazilian state of Minas Gerais, according to a securities filing late on Friday....
19:39 2019-06-08

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 billion....
07:52 2019-06-14

Investor Litt says Hudson's Bay worth double chairman's C$1.74 billion bid Activist shareholder Jonathan Litt lambasted a C$1.74 billion bid to take Canadian retailer Hudson's Bay Co private as "woefully inadequate" on Tuesday, saying the chairman-led shareholder group......
18:52 2019-06-18

Merck to buy cancer drug developer Peloton for $1.05 billion in cash Merck & Co Inc said on Tuesday it would buy Peloton Therapeutics Inc for $1.05 billion in cash to gain access to the privately held company's renal cancer drug candidate....
14:33 2019-05-21

What does Clash of Clans maker’s $10 billion sale say about the future of gaming? Congratulations, guys... you and the rest of the Clash of Clans crew now anchor a $10 billion mobile gaming powerhouse. We've been hearing for years how mobile gaming has been growing at nearly inconceivable rates and will soon become the dominant force in the gaming business. Today's $10 billion...
14:52 2019-05-21

Airbus and Boeing bag $17 billion of deals in Paris Airshow battle Airbus and Boeing bagged more than $17 billion in plane deals on day two of the Paris Airshow as their sales teams scrapped for orders after a downturn in business at many airlines and the grounding of Boeing's top-selling jet....
15:52 2019-06-18

Lockheed Martin wins $1.8 billion U.S. defense contract -Pentagon Lockheed Martin Corp has been awarded a $1.8 billion U.S. defense contract for design and development of the F-35 Lightning II fighter aircraft, the Pentagon said on Friday. (Reporting by Eric Beech; Editing by Mohammad Zargham)...
10:26 2019-06-08

Farmers await details on who's eligible for the $3 billion from disaster aid bill More than $3 billion of the $19.1 billion disaster aid bill now awaiting President Donald Trump's signature is earmarked for American farms -- but it is unclear which farmers will be eligible for the money....
09:13 2019-06-05

Congress passes $19.1 billion disaster aid bill, sends to Trump The U.S. Congress on Monday approved legislation providing $19.1 billion in emergency funding for disaster recovery efforts throughout the United States including Puerto Rico, sending it to President Donald Trump for signing into law....
01:39 2019-06-04

UPDATE 3-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 seeking more than $1 billion, a person briefed on the matter said on Wednesday....
02:13 2019-06-13

FCC names winners of $2.7 billion 24-28GHz millimeter wave auctions Six months after the FCC started the auction process for U.S. millimeter wave spectrum, the winners of the $2.7 billion bidding have finally been revealed.Read More...
03:13 2019-06-04

U.S. Congress passes $19.1 billion disaster aid bill, sends to Trump The U.S. Congress on Monday approved legislation providing $19.1 billion in emergency funding for disaster recovery efforts throughout the United States, including Puerto Rico, sending it to President Donald Trump to sign into law....
04:13 2019-06-04

US Congress Sends $19 Billion Relief Bill To Trump To Sign Into Law The US Congress overcame months of delays to finally pass a $19.1 billion relief package Monday to help victims of flooding, wildfires and hurricanes that have devastated communities from Puerto Rico......
06:26 2019-06-04

Boeing and Airbus bag $15 billion of deals in Paris Airshow battle Airbus and Boeing bagged a combined $15 billion of plane deals on day two of the Paris Airshow, as their sales teams scrapped for orders after a downturn in business at many airlines and the grounding of Boeing's top-selling jet....
15:00 2019-06-18

Talks On USD 3.4 Billion Loan To Pak Not Finished: Asian Development Bank In a huge embarrassment for the Pakistan government, the Asian Development Bank or ADB has distanced itself from the "premature announcement" of Prime Minister Imran Khan's adviser that the global......
11:52 2019-06-17

Earliest known animal was a half-billion-year-old underwater blob The weird ‘Ediacaran’ fossils have stumped scientists for decades - now fatty molecules found inside some of them confirm they are the most ancient animals we know...
15:00 2019-05-21

Airlines have made $1.3 billion off bag fees so far this year, data shows Airline financial data is out for the first quarter, and airline baggage fees are paying off in a big, millions of dollars kind of way.       ...
18:13 2019-06-18

'Unusual uncertainty' puts stocks in red zone, $50 billion manager says QMA chief investment strategist Ed Keon has significantly pulled back risk exposure during the past few weeks due to the escalating U.S.-China trade war....
15:52 2019-05-22

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...
18:26 2019-06-06

Banning Huawei Would Cost EU Telcos Up to EUR 55 Billion: Industry Body Banning Huawei and ZTE from Europe's rollout of 5G telecom networks would cost EU mobile operators up to EUR 55 billion, according to GSM Association....
15:00 2019-06-10

DoorDash's Valuation Soars to $12.6 billion as Money Rushes Into Delivery Food-delivery startup raised $600 million, as investors clamor to get into food delivery undeterred by the lackluster stock market debut of Uber Technologies....
18:52 2019-05-23

Uber Cites Tight Competition After Posting $1 Billion Loss Uber executives sought to reassure investors about its growth as an onslaught of competition from ride-hailing and delivery rivals led to a $1 billion loss in the first quarter....
01:39 2019-05-31

NASA chief says returning astronauts to the Moon could cost $30 billion It was always going to be expensive, but NASA's first cost estimate for the agency's push to land humans on the moon by 2024 is finally here — and it's surprisingly cheap....
16:52 2019-06-17

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.        ...
03:39 2019-06-19

US trade deficit shrinks to $50.8 billion in April, but gap with China rises WASHINGTON (AP) — US trade deficit shrinks to $50.8 billion in April, but gap with China rises. The post US trade deficit shrinks to $50.8 billion in April, but gap with China rises appeared first on LEX18.com....
15:26 2019-06-06

United Technologies wins $3.24 billion U.S. defense contract: Pentagon United Technologies Corp's Pratt and Whitney Engines has been awarded the $3.24 billion modification to a U.S. defense contract for the production and delivery of 233 propulsion systems, the Pentagon said on Friday....
03:13 2019-06-01

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....
06:13 2019-05-22

Trump Gives Farmers $16 Billion in Aid Amid Prolonged China Trade War The Trump administration announced an aid package for farmers on Thursday to mollify an important political constituency hurt by a trade clash with China....
20:00 2019-05-23

United Technologies wins $3.24 billion U.S. defense contract -Pentagon United Technologies Corp's Pratt and Whitney Engines has been awarded the $3.24 billion modification to a U.S. defense contract for the production and delivery of 233 propulsion systems, the Pentagon said on Friday. (Reporting by Mohammad Zargham; Editing by Eric Beech)...
01:13 2019-06-01

Uber's first post-IPO earnings report shows another $1 billion lost Uber's first earnings report as a public company shows that while its revenue is higher than last year; the company is still hemorrhaging money. Still, there's no doubt that the company is getting bigger. The company earned $3.1 billion in revenue fo......
01:52 2019-05-31

Trump offers $16 billion in aid for farmers hurt by trade war with China The financial assistance is designed to help farmers offset losses triggered by the ongoing trade dispute between the U.S. and China.        ...
22:39 2019-05-23

Trump Administration Plans to Sell More Than $2 Billion of Arms to Taiwan The proposed weapons package, including 108 tanks, is the costliest in recent years. The sale would add to tensions between the United States and China....
21:39 2019-06-06

Colorado’s recreational pot sales rake in $1 billion in revenue Colorado has surpassed experts projects of taxes on the state’s recreational marijuana sales, earning $1 billion in revenue in roughly five years. Veuer’s Justin Kircher has more.        ...
01:52 2019-06-15

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 operator enter the market....
23:52 2019-06-12

Discovery of one billion year old fungi changes our understanding of life on Earth When scientists search for species that lived hundreds of millions of years ago they’re not always just looking for ancient animals. Life on Earth has changed a lot over time, but sometimes a new discovery reveals a few things that have stayed largely the same. In a new paper published in Natu...
23:26 2019-05-23

Facebook removed 3 billion fake accounts over a six-month period Facebook said it had removed more than 3 billion fake accounts over the past two quarters, a spike in inauthentic activity that the tech giant attributed to “unsophisticated” bad actors that are caught in the act of creating scores of fake profiles in batches....
20:39 2019-05-23

Alibaba files for HK listing that may raise $20 billion as soon as third quarter: source China's biggest e-commerce company Alibaba Group Holding Ltd has filed confidentially for a Hong Kong listing that could raise up to $20 billion as early as the third quarter of this year, a person with direct knowledge of the matter said....
12:39 2019-06-13

Las Vegas businessman gets 50 years prison in $1.5 billion Ponzi scheme A federal judge on Thursday sentenced a former Las Vegas medical billing company operator who prosecutors called the ringleader of a $1.5 billion Ponzi scheme that bilked thousands of Japanese residents to 50 years in prison....
06:00 2019-05-24

VW to float 10% of truck unit, seeks to raise 1.9 billion euros Volkswagen aims to raise up to 1.9 billion euros ($2.1 billion) by listing truck unit Traton, it said on Friday, scaling back earlier ambitions to list up to a quarter of the unit by opting to float a 10% stake....
21:26 2019-06-14

Europe's 5G to cost $62 billion more if Chinese vendors banned: telcos A ban on buying telecoms equipment from Chinese firms would add about 55 billion euros ($62 billion) to the cost of 5G networks in Europe and delay the technology by about 18 months, according to an industry analysis seen by Reuters....
16:00 2019-06-07

U.S. Plans More Than $2 Billion in Weapons Sales to Taiwan, Angering Beijing The U.S. is planning a new effort to help the Taiwanese government upgrade its military by allowing Taipei to buy billions of dollars’ worth of weapons systems, possibly including more than 100 tanks—a move that has already drawn criticism from Beijing....
04:26 2019-06-07

Mega Millions Jackpot Swells To Nearly Half A Billion Dollars (CNN) — We’ve mentioned several times that you’re probably never winning the jackpot. Turns out, we were right, at least for Friday. The winning numbers were 7, 8, 26, 65 and 67, plus the gold Mega Ball 4 — and no ticket matched all of them to walk away with the $444 million ...
20:00 2019-06-01

Colony Capital Aims to Invest $5 Billion in Latin America Investment-management firm Colony Capital said its newly acquired business in Latin America seeks to invest $5 billion in the region in coming years, much of it in Mexico....
22:13 2019-05-22

French Billionaire To Acquire Sotheby's Auction House For $3.7 Billion French telecoms and media mogul Patrick Drahi is acquiring Sotheby's auction house, one of the world's biggest art brokers, in a $3.7 billion deal, the British-founded company announced Monday....
19:52 2019-06-17

Google Pledges $1 Billion For Housing Crisis Near California Headquarters Google on Tuesday pledged to commit more than $1 billion to help address the severe housing crisis in the region that includes its headquarters and Silicon Valley....
04:39 2019-06-19

Ensco Rowan investor seeks $2.5 billion dividend payout Deep-sea oil driller Ensco Rowan's investor Luminus Management LLC on Wednesday urged the company to declare a special dividend of $2.5 billion to its shareholders, sending its shares down 6.3%....
18:39 2019-06-12

Huawei says Trump crackdown will cost it $30 billion as smartphone sales take a hit Huawei says they are anticipating a huge drop in smartphone sales. Veuer’s Natasha Abellard has the story.       ...
16:00 2019-06-17

PG&E settles California fire claims with local governments for $1 billion PG&E Corp will pay $1 billion as part of its bankruptcy reorganization to more than a dozen local governments in California struck by wildfires in recent years, the company and lawyers for the governments said on Tuesday....
01:52 2019-06-19

U.S. Readies $2 Billion Taiwan Arms Package Despite Protest From Beijing The Pentagon and State Department have informally notified Congress of a potential $2 billion deal with Taiwan that includes the first-time sale of one of the U.S. Army’s top tanks, according to an official familiar with the proposal, drawing protests from China. The deal would contain the M1A...
13:52 2019-06-06

Organic matter from space preserved in 3.3-billion-year-old rocks Carbon-based chemicals carried to Earth by a meteorite 3.3 billion years ago have been found encased in rock, and may have been crucial to the origin of life...
15:52 2019-05-24

Risk appetite emerges as U.S.-based equity funds attract $4.4 billion U.S.-based equity funds attracted $4.4 billion of inflows in the week ended Wednesday, following two consecutive weeks of cash outflows totaling $34 billion, according to Refinitiv's Lipper, as the......
06:39 2019-06-14

World electronic gaming revenues to grow 9.6% to $152.1 billion in 2019: report The global video and electronic games market will generate $152.1 billion in 2019, up 9.6% over last year as gaming morphs into content and communication, according to a report by gaming analytics firm Newzoo on Tuesday....
17:39 2019-06-18

Family-run Latin food giant Goya weighs possible $3 billion sale Goya, one of the most iconic names in Latin American cuisine, has hired investment bank Goldman Sachs to weigh options that could include a sale of the 83-year-old company, people familiar with the matter tell CNBC....
18:26 2019-05-29

LAX airport is getting a $14-billion makeover and new 'happy face' machines to rate satisfaction The Los Angeles International Airport is transforming itself and parts of the airport have "happy face" machines that let you register your satisfaction....
18:52 2019-06-02

Doctors are burning out twice as fast as other workers. The problem's costing the US $4.6 billion each year. Joe Raedle/Getty Images Doctors are burning out at a rate that's twice as high as the average American worker. It's a problem that's costing the US $4.6 billion each year, researchers concluded in a study released Tuesday. Visit Business Insider's homepage for more stories. Overworked and unhappy...
21:13 2019-05-28

Uber loses $1 billion in quarter, hitting forecast, as revenue rises 20% Uber Technologies Inc reported a $1 billion loss and a 20% rise in revenue on Thursday in its first quarterly report as a public company, in line with the ride-hailing service's forecasts....
23:26 2019-05-30

Elizabeth Warren’s New $7 Billion Plan Aims to Support Entrepreneurs of Color People of color only own 18% of businesses with paid employees, despite making up about 40% of the U.S. population, according to the Census Bureau. Sen. Elizabeth Warren, to nobody’s surprise, has a plan to fix that. If elected President, the Massachusetts Democrat says she would invest $7 bil...
20:39 2019-06-14

Volkswagen to float 10% of truck unit, seeks to raise 1.9 billion euros Volkswagen aims to raise up to 1.9 billion euros ($2.1 billion) by listing truck unit Traton, it said on Friday, scaling back earlier ambitions to list up to a quarter of the unit by opting to float a 10% stake....
11:26 2019-06-14

Huawei's $1 billion patent demand from Verizon is not ransom money (results) image: XinhuaIn light of the revelations that Huawei's patent licensing chief has sent a letter to Verizon asking for a cool $1 billion in exchange for granting access to the company's 4G/5G network and other patents, we asked you who's in the right. Almost three quarters of our respondents give the...
20:26 2019-06-14

President Trump signs long-delayed $19.1 billion disaster aid bill President Trump on Thursday signed a long-delayed $19.1 billion disaster aid bill to help areas devastated by storms and flooding, overcoming months of infighting and a feud between the commander in chief and congressional Democrats. “Just signed Disaster Aid Bill to help Americans who have been hit...
21:39 2019-06-06

Chinese Banks Demand $2.1 Billion From Embattled Anil Ambani's Firm Anil Ambani's older sibling and Asia's richest man Mukesh Ambani's Reliance Jio Infocomm Ltd. had earlier offered to purchase RCom's assets in a Rs 17,300-crore deal, which would have helped partly......
06:26 2019-06-18

IEA: Nuke retirements could lead to 4 billion metric tons of extra CO2 emissions Enlarge / A view of the decommissioned Duke Energy Crystal River Nuclear Power Plant. (credit: Jeffrey Greenberg/UIG via Getty Images) A report released today by the International Energy Agency (IEA) warns world leaders that—without support for new nuclear power or lifetime extensions for existin...
00:26 2019-05-29

NASA Says Additional $20 Billion Needed to Land Humans on the Moon by 2024 NASA needs anywhere from $20 billion to $30 billion on top of the space agency’s current budget to land humans on the moon by 2024, according to a new interview with the NASA administrator Jim Bridenstine.Read more......
17:00 2019-06-14

WeWork considers $1.9 billion offer for 70% Indian affiliate stake: Bloomberg Shared office space manager WeWork Cos is exploring a deal to take majority control of its affiliate WeWork India ahead of the New York-based company's plans to go public, Bloomberg reported on Thursday, citing people familiar with the matter....
11:26 2019-06-14

MacKenzie Bezos promises to donate half of her $37 billion fortune to charity The saga involving Jeff Bezos earlier this year almost reads like a script for an upcoming Netflix drama. All the ingredients are there: a famous CEO who just so happens to be the richest man in the world, an illicit affair involving trips around the world, leaked nudes and text messages, possible h...
05:52 2019-05-29

Inside Chase Arena: The Warriors’ $1.4 billion pitch to keep Kevin Durant SAN FRANCISCO — On Wednesday, with all the hullabaloo swirling over a Warriors’ part-owner shoving Toronto’s Kyle Lowry on the sidelines at Oracle Arena, Golden State executive Rick Welts was across the Bay Bridge, conducting his final tour of the franchise’s pride and joy — Chase Arena. It is a $1....
23:00 2019-06-07

House Republicans block $19.1 billion nationwide disaster aid bill for third time A lone conservative objected as Democrats tried to advance long-delayed legislation that would spread more than $19 billion to U.S. states, territories....
23:13 2019-05-30

Exclusive: T-Mobile, Sprint could sell Boost for up to $3 billion, potential bidders say A group of potential buyers are preparing bids for prepaid wireless brand Boost Mobile in an upcoming sale valuing the offshoot of U.S. wireless carriers T-Mobile US Inc and Sprint Corp at up to $3 billion, interested buyers told Reuters....
04:00 2019-05-29

Google appeals $1.7 billion EU antitrust fine over 'illegal' advertising practices Google has appealed a $1.7 billion fine from the European Commission for stifling competition in the online advertising industry, the company said Wednesday....
15:00 2019-06-05

Trump signs $19.1 billion disaster aid bill that was long delayed in Congress President Trump on Thursday signed a $19.1 billion disaster aid bill that languished for months in Congress amid competing demands for border wall funding and aid hurricane-ravaged Puerto Rico....
21:52 2019-06-06

9.7 billion on Earth by 2050, but growth rate slowing, says new UN population report By the year 2050, there will be some 9.7 billion people living on Earth, says a UN population report released on Monday. However, the overall growth rate will continue to fall, and more countries will have to adapt to the consequences of an ageing population....
21:39 2019-06-17

House fails to pass $19.1 billion disaster aid bill after GOP lawmaker objects WASHINGTON (NBC NEWS) — For the second time in less than a week, the House on Tuesday failed to pass the Senate-passed $19 billion bill providing disaster aid funding to parts of the United States hit by hurricanes, flooding, earthquakes and wildfires after a Republican lawmaker objected. Rep. Thoma...
07:13 2019-05-29

Congress Approves $19 Billion Disaster Aid Bill, Sending It to President Trump WASHINGTON — A long-delayed $19.1 billion disaster aid bill sailed through the House on Monday and headed to President Donald Trump for his expected signature, overcoming months of infighting, misjudgment and a feud between Trump and congressional Democrats. Lawmakers gave the measure final co...
03:00 2019-06-04

Navy wants 350 billion social media posts for epic research project The U.S. Navy wants to amass 350 billion social media posts for a massive data archive that will provide new insight into how people communicate online....
22:26 2019-05-30

Toyota tells US dealers Mexico tariffs could cost suppliers up to $1 billion The email also told dealers that 65% of the Tacoma midsize pickup trucks it plans to sell in the U.S. market in 2019 will be imported from its plant in Baja, Mexico....
01:52 2019-06-05

Uber loses $1 billion in quarter, hitting forecast, as revenue rises 20% Uber Technologies Inc reported a $1 billion loss in its first quarterly report as a public company on Thursday, despite a 20 percent rise in revenue, posting results in line with its forecasts but underscoring the challenges the ride-hailing service faces to become profitable one day....
22:26 2019-05-30

EU could slap 3 billion euro fine on Italy for excessive debt: Salvini The European Commission could impose a 3 billion euro fine on Italy for breaking EU rules due to its rising debt and structural deficit levels, the country's Deputy Prime Minister Matteo Salvini said on Tuesday....
09:52 2019-05-28

Nepal's Pashupatinath Temple Owns Over 9kg gold, 1.3 Billion Rupees Cash A committee formed by the Nepal government, to investigate the assets owned by Pashupatinath Temple in Kathmandu on Wednesday, made public data that states that the shrine owns 276 kg of gold and 1.3......
08:52 2019-06-06

Railroads' Quest for Speed Cost Freight Shippers More Than $1 Billion Last Year As Norfolk Southern and Union Pacific switch to fewer, longer trains and tighter schedules, many freight shippers are struggling to meet tight deadlines for emptying railcars—and racking up late charges....
17:26 2019-05-29

Democrat Warren wants $7 billion fund to give grants to minority entrepreneurs Democratic presidential hopeful Elizabeth Warren is proposing creating a $7 billion fund to provide grants to help more minorities start their own business, she announced on Friday....
18:26 2019-06-14

United Technologies, Raytheon to create $120 billion aerospace and defense giant United Technologies Corp agreed on Sunday to combine its aerospace business with U.S. contractor Raytheon Co and create a new company worth about $121 billion, in what would be the sector's biggest ever merger....
06:39 2019-06-10

Theme park attendance crosses half-billion mark for 1st time Worldwide attendance at the 10 biggest operators of amusement parks increased 4% last year and crossed the threshold of a half-billion visitors for the first time...
00:01 2019-05-24

TransferWise closes $292 million secondary funding round at $3.5 billion valuation Money transfer startup TransferWise has closed a $292 million secondary funding round which doubles its valuation to $3.5 billion, the company said on Wednesday....
06:26 2019-05-22

Akamai: Hackers have carried out 12 billion attacks against gaming web sites in 17 months Hackers have targeted the gaming industry by carrying out 12 billion credential stuffing attacks against gaming websites in the 17 months ended March 2019.Read More...
13:01 2019-06-12

A Single Republican Congressman Has Temporarily Blocked the $19 Billion Disaster Aid Bill (WASHINGTON) — A House GOP conservative complaining of Washington’s free-spending and opaque ways blocked a long-overdue $19 billion disaster aid bill on Friday, extending a tempest over hurricane and flood relief that has left the measure meandering for months. Texas Republican Chip Roy...
19:39 2019-05-24

Pakistan Received $6.5 Billion Loan From China In July-April: Report For the first time Pakistan has disclosed that it has taken a total debt of $6.5 billion from China in the current financial year, which is equal to 75 per cent of the total foreign loans of $8.6......
21:26 2019-05-23

THE IN-STORE CHECKOUT REVOLUTION: How payments companies can take advantage of a $21 billion opportunity This is a preview of The In-Store Checkout Report from Business Insider Intelligence. 14-Day Risk Free Trial: Get full access to this and all E-Commerce industry research reports. Although there are only a handful of autonomous checkout stores today, the technology has seismic repercussions for in...
23:39 2019-06-09

FIFA seeks a billion World Cup viewers to boost women's game FIFA is hoping that over a billion viewers tune in to the Women's World Cup in France as it continues strategic efforts to grow the game around the globe, but the governing body is still subject to criticism over gender equality....
11:00 2019-05-23

Norway fund may have to offload $1 billion stake in Glencore in shift away from coal Norway's $1 trillion sovereign wealth fund may have to sell its $1 billion stake in commodities giant Glencore, among other companies that derive more than 30 percent of their revenue from coal, to meet proposed tighter ethical investing rules....
14:52 2019-06-12

Extraterrestrial Organic Matter Found in 3.3-Billion-Year-Old Volcanic Rock Geologists in France and Italy have spotted what appear to be organic molecules from outer space in 3.3-billion-year-old rocks in South Africa, according to a new study.Read more......
22:26 2019-05-24

Barclays, Citigroup and JP Morgan among banks fined $1.2 billion for forex rigging Barclays, Citigroup, J.P. Morgan, MUFG and Royal Bank of Scotland have been fined a total of $1.2 billion by EU regulators for rigging the forex market....
16:26 2019-05-21

Newspapers Shut But Google Made $4.7 Billion From News In 2018: Report As small and medium newspapers shut shop and big media houses handed over pink slips to journalists worldwide, Google alone made a whopping $4.7 billion from its Search and Google News in 2018 --......
18:13 2019-06-10

Google rolls out $1 billion plan to develop housing in the San Francisco Bay Area Google has rolled out a $1 billion plan to develop housing in the San Francisco Bay Area, a part of the U .S. lacking affordable housing.       ...
22:52 2019-06-18

Opinion: India's Exotic Funds Are A $40 Billion Time-Bomb For Investors Exotic funds, designed for wealthy investors, have grown to $40 billion from nothing in just seven years, expanding by 71% in the 12 months through March...
13:13 2019-06-19

U.S. senators target $1 billion a year coal subsidy, ask IRS for test results Three U.S. senators on Monday urged the Internal Revenue Service to crack down on a $1 billion-a-year subsidy for burning chemically treated refined coal, after a new study showed some power plants using the fuel produced surging amounts of mercury and smog instead of cutting pollution....
21:00 2019-06-10

$1 billion worth of cocaine seized in record Philadelphia bust, feds say Members of the ship's crew face federal charges after a record 16.5-ton cocaine bust in Philadelphia.        ...
00:13 2019-06-19

Google invests $1 billion to ease housing shortage near California headquarters Alphabet Inc's Google announced on Tuesday it would set aside $750 million in land and $250 million in financing to spur developers in the San Francisco Bay Area to build at least 20,000 homes and rehabilitate other housing over the next decade....
00:26 2019-06-19

Debut Dutch green bond lures more than 20 billion euros of orders Investors piled into the Netherlands' inaugural, triple-A rated sovereign green bond on Tuesday, placing 21.2 billion euros ($23.7 billion) of orders for the environmentally friendly paper....
19:01 2019-05-21

Casper, Kylie Jenner's billion-dollar mattress, could be an IPO market sleeper Over 800,000 Instagram likes from Kylie Jenner's followers does not alone make mattress start-up Casper worth billions, but recent hot performance of bedding companies and increased consumer spend could make the company's IPO a sleeper....
19:00 2019-05-26

Apple’s former top lawyer: $1 billion budget enabled high-risk strategies Apple has been riding the fine line of legal conduct, profiting handsomely from coming close to the edge, while occasionally taking a hit for crossing it.Read More...
17:52 2019-06-10

$9 billion Dropbox explains why it's blowing up its product for its biggest redesign in 12 years (DBX) REUTERS/Beck Diefenbach On Tuesday, Dropbox announced that it has made its biggest redesign in its history. Dropbox partnered with Zoom, Slack, and Atlassian for new integrations. On the new Dropbox, users will not only be able to store and share files, but also send Slack messages and set up Zoom ...
21:52 2019-06-11

European banks have paid over 20 billion euros to the ECB since negative interest rates European banks have transferred 21.4 billion euros ($24.2 billion) in revenues to the European Central Bank (ECB) in the five years since negative interest rates were introduced....
14:39 2019-06-10

U.S. aid program to use $16 billion to boost farmers, expand markets: USDA's Perdue U.S. President Donald Trump's $16 billion aid program will help boost American farmers hit by the ongoing U.S.-China trade war, including market access programs, the U.S. agriculture secretary said in a television interview on Thursday....
15:26 2019-05-23

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....
13:39 2019-06-12

Donald Trump Defies Congress To Sell Arms Worth $8 Billion To Saudi, UAE US President Donald Trump's administration on Friday bypassed Congress to sell $8.1 billion in arms to Saudi Arabia and other Arab allies, citing a threat from Iran, infuriating lawmakers who fear the......
08:00 2019-05-25

Alibaba reportedly files for a Hong Kong listing that may raise $20 billion as soon as the third quarter Alibaba has filed confidentially for a Hong Kong listing that could raise up to $20 billion as early as the third quarter of this year, a person with direct knowledge of the matter said....
16:26 2019-06-13

French bank Credit Agricole targets net profits of 5 billion euros in 2022 French bank Credit Agricole unveiled a new set of higher profit targets for 2022 after it had met its 2019 targets a year ahead of schedule, and said it now expected annual net profits above 5 billion euros ($5.6 billion) in 2022....
11:39 2019-06-06

Jeff Bezos’ ex-wife MacKenzie says she will donate half her roughly $37 billion to charity FILE – In this March 4, 2018 file photo, Jeff Bezos and wife MacKenzie Bezos arrive at the Vanity Fair Oscar Party in Beverly Hills, Calif. Jeff Bezos and MacKenzie, announced Thursday, April 4, 2019, in a series of tweets that they have finalized their divorce, ending a 25-year marriage that ...
18:13 2019-05-28

Feds seize over 16 tons of cocaine worth $1 billion in Philadelphia shipping port One of the largest drug busts happened in a Philadelphia shipping yard where federal officials captured roughly $1 billion worth of cocaine.        ...
19:00 2019-06-19

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...
16:13 2019-06-11

Goldman Sachs-backed Marqeta rides payments wave to a $2 billion valuation The payment company powering Square, Instacart, and other popular start-ups closed a new funding round Tuesday that brings its valuation to roughly $2 billion....
18:39 2019-05-21

Electric vehicle push in Norway could add $1.3 billion to power bills by 2040: study Norway's power grid is likely to need an 11 billion crown ($1.27 billion) upgrade over the next 20 years to meet demand from the country's growing fleet of electric cars, with consumers likely to have to foot the bill, a study has shown....
18:13 2019-06-07

MacKenzie Bezos Owns $36 Billion in Amazon Shares. Now She Is Vowing to Give Away Much of Her Wealth. After her divorce from the Amazon founder and chief executive Jeff Bezos was announced earlier this year, Ms. Bezos has pledged away more than half of her wealth in committing to the Giving Pledge....
07:13 2019-05-29

World Population Expected to Reach 9.7 Billion in 2050, United Nations Reports (UNITED NATIONS) — The world’s population is getting older and growing at a slower pace but is still expected to increase from 7.7 billion currently to 9.7 billion in 2050, the United Nations said Monday. The U.N. Department of Economic and Social Affairs’ Population Division said ...
01:39 2019-06-18

You can build a billion-dollar unicorn and still go on maternity leave. These female CEOs prove it Rent the Runway CEO Jennifer Hyman is out on maternity leave, and 23andMe CEO Anne Wojcicki's due date is nearing. These female leaders of 2019 CNBC Disruptor 50 start-ups are offering broad family-leave benefits to employees....
20:00 2019-05-21

Exclusive: U.S. pursues sale of over $2 billion in weapons to Taiwan, sources say, in test for China The United States is pursuing the sale of more than $2 billion worth of tanks and weapons to Taiwan, four people familiar with the negotiations said, in a move likely to anger China as a trade war between the world's two biggest economies escalates....
08:00 2019-06-06

Symphony, the start-up taking on Bloomberg's dominance of Wall Street, is now worth $1.4 billion Symphony, a messaging platform for Wall Street firms, is backed by more than a dozen of the world's biggest financial players, from Goldman Sachs to BlackRock....
15:13 2019-06-12

Trump administration announces $16 billion farm aid plan to offset trade war losses The Trump administration on Thursday unveiled a $16 billion farm aid package to offset losses from a 10-month trade war with China and said payment rates to farmers would be determined by where they farm rather than what crops they grow....
22:52 2019-05-23

Air Force aircraft have hit birds more than 100,000 times since 1995, and it's cost the service nearly a billion dollars US Air Force/Tech. Sgt. Chelsea E. Barber Since 1995, the Air Force has recorded more than 105,000 bird strikes that have caused more than $800 million in damage. Canadian geese are the biggest and most costly culprit, causing $93.8 million in damage between 1995 and 2016. Visit INSIDER's homepage ...
10:00 2019-05-24

Trump administration unveils $16 billion bailout to farmers hurt by China trade war The Trump administration announced a $16 billion aid program for American farmers that includes a three-pronged package of aid for American farmers who have been hurt by the U.S. trade war with China....
19:13 2019-05-23

Defying Congress, Trump sets $8 billion-plus in weapons sales to Saudi Arabia, UAE U.S. President Donald Trump, declaring a national emergency because of tensions with Iran, swept aside objections from Congress on Friday to complete the sale of over $8 billion worth of weapons to Saudi Arabia, the United Arab Emirates and Jordan....
00:52 2019-05-25

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...
15:39 2019-05-21

Exclusive: U.S. pursues sale of over $2 billion in weapons to Taiwan, sources say, angering China The United States is pursuing the sale of more than $2 billion worth of tanks and weapons to Taiwan, four people familiar with the negotiations said, sparking anger from Beijing which is already involved in an escalating trade war with Washington....
13:52 2019-06-06

Trump signs $19 billion disaster relief bill and says Puerto Rico 'should love' him The delayed legislation will send funds to the hurricane-battered island of Puerto Rico and to states damaged by hurricanes, flooding, wildfires and earthquakes....
00:13 2019-06-07

Justice Department staff urged blocking $26 billion merger of Sprint and T-Mobile The recommendation — confirmed by a source familiar with the Justice Department’s thinking — came before the two wireless providers offered new concessions this week meant to appease regulators, including pledges to divest certain lines of business and cap prices for consumers....
00:26 2019-05-23

House passes $19 billion disaster relief bill after delays, sending it to Trump Trump, who objected to past disaster relief efforts over funding allotted for the hurricane-ravaged U.S. territory of Puerto Rico, said he would support the plan passed Monday....
04:52 2019-06-04

2.2 Billion People Lack Access To Safe Water Globally: United Nations 4.2 billion people lack access to safely managed sanitation services, a new report by the World Health Organisation (WHO) and the United Nations Children's Fund (UNICEF) said....
14:13 2019-06-19

Exclusive: U.S. preparing to sell over $2 billion in weapons to Taiwan, testing China - sources The United States is pursuing the sale of more than $2 billion worth of tanks and weapons to Taiwan, four people familiar with the negotiations said, in a move likely to anger China as a trade war between the world's two biggest economies escalates....
22:13 2019-06-05

Uber loses $1 billion in Q1 2019 as costs grow for drivers, food delivery Uber Technologies reported a $1 billion loss on Thursday as the ride-hailing service spent heavily to build up its food delivery and freight businesses.Read More...
20:26 2019-05-31

UPDATE 2-Uber loses $1 billion in quarter, hitting forecast, as revenue rises 20% Uber Technologies Inc reported a $1 billion loss and a 20% rise in revenue on Thursday in its first quarterly report as a public company, in line with the ride-hailing service's forecasts....
23:01 2019-05-30

SuperData: Mortal Kombat 11 and Fortnite help digital game sales hit $8.8 billion in April NetherRealm's latest fighter continues to break new records. While console spending is up overall, PC is down 4% despite the success of free-to-play games.Read More...
22:13 2019-05-22

Unveiling 'wellbeing' budget, New Zealand earmarks $2.5 billion spending in slowing economy New Zealand on Thursday unveiled a $2.5-billion spending package under a much-hyped 'Wellbeing' budget, prioritizing mental health and alleviating child poverty, but it expects a smaller surplus and slower economic growth over the next year....
10:26 2019-05-30

Bayer asks trial judge to reverse $2 billion Roundup jury verdict Bayer AG has asked a California judge to overrule a $2 billion verdict by jurors who found the company's glyphosate-based Roundup weed killer responsible for a couple's cancer, arguing the jury decision was not supported by evidence....
17:39 2019-06-18

Uber loses $1 billion in quarter as costs grow for drivers, food delivery Uber Technologies Inc reported a $1 billion loss on Thursday 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 company....
04:26 2019-05-31

Distant object at edge of Solar System is an ancient fragment from 4.5 billion years ago It's a rather uninspiring object, with no moons, rings or dust clouds in orbit around it; nor is there any evidence of an atmosphere.        ...
14:33 2019-05-21

Trump seeks extra $1.6 billion in NASA spending to return to moon by 2024 The Trump administration asked Congress on Monday to increase NASA spending next year by an extra $1.6 billion as a "down payment" to accommodate the accelerated goal of returning Americans to the surface of the moon by 2024....
15:39 2019-05-21

Alibaba plans bumper $20 billion HK listing to boost investment war chest: sources Alibaba is considering raising as much as $20 billion through a listing in Hong Kong, people familiar with the matter told Reuters, lining up a second blockbuster deal following its 2014 record $25 billion float in New York....
13:26 2019-05-28

Brazil pension reform can be saved with 100 billion reais turnaround: Economy Minister The Brazilian government's plans to overhaul its pension system can still be saved if lawmakers reverse changes to transition rules and concessions to legislative aides, Economy Minister Paulo Guedes told Reuters, holding out hope for a compromise....
21:00 2019-06-17

U.S.-based equity funds post $22 billion outflows amid trade tensions Investors rattled by U.S.-China trade tensions pulled roughly $22 billion from U.S.-based equity funds in the week ended May 29, according to data released by Refinitiv's Lipper research service on......
23:26 2019-05-30

Fiat Chrysler and Renault pursue $35 billion merger to combat car industry upheaval Fiat Chrysler pitched a finely balanced merger of equals to Renault on Monday to tackle the costs of far-reaching technological and regulatory changes by creating the world's third-biggest automaker....
17:13 2019-05-27

California lawmakers pass $214.8 billion budget, including health care for some in US illegally California lawmakers on Thursday approved a $214.8 billion budget. It now goes to Gov. Gavin Newsom, who is expected to sign it in the coming days.        ...
14:39 2019-06-14

Goldman Sachs is reportedly combining 4 private-investing units with $140 billion in total assets The newspaper wrote that Goldman's executive are hoping CEO David Solomon's changes to a firm that historically thrived in investment banking and trading will boost its stagnant stock price....
14:26 2019-06-17

California sues Trump administration for pulling nearly $1 billion from high-speed rail project California on Tuesday filed a legal challenge to the Trump administration's plans to terminate a grant of nearly $1 billion for the state's high-speed rail project....
08:26 2019-05-22

Asia-Pacific ‘regional parliament’ underway to advance equality, empowerment, for more than four billion citizens The top United Nations body in the Asia-Pacific region opened its annual session this week, calling for greater empowerment of disadvantaged and marginalized groups if the region is to achieve the ambitious 2030 Agenda for Sustainable Development, and fulfill its promise to leave no one behind....
18:00 2019-05-29

The FDA's proposal to limit nicotine could cost tobacco industry $165 billion, Morgan Stanley says Major U.S. tobacco companies could be in for a massive financial hit if the FDA elects to limit nicotine content in cigarettes.       ...
16:00 2019-06-18

UPDATE 3-Defying Congress, Trump sets $8 billion-plus in weapons sales to Saudi Arabia, UAE U.S. President Donald Trump, declaring a national emergency because of tensions with Iran, swept aside objections from Congress on Friday to complete the sale of over $8 billion worth of weapons to Saudi Arabia, the United Arab Emirates and Jordan....
03:39 2019-05-25

California utility PG&E agrees to pay $1 billion to local governments for wildfire damages dating to 2015 SAN FRANCISCO (AP) — California utility PG&E agrees to pay $1 billion to local governments for wildfire damages dating to 2015. The post California utility PG&E agrees to pay $1 billion to local governments for wildfire damages dating to 2015 appeared first on LEX18.com....
23:52 2019-06-18

Scientists found a billion-year-old fungus, and it could change our understanding of how life migrated to land Corentin Loron/University of Liege/Reuters Scientists discovered fossils of the oldest known fungus in the Canadian arctic. Fungi include mushrooms, yeasts, and molds. The billion-year-old fungus, called Ourasphaira giraldae, provides clues about how life may have evolved on land. In a new study, r...
10:00 2019-05-24

Adam Smith plays weak hand as he argues for $17 billion cut to Trump’s Pentagon budget GET IT DONE: If House Armed Services Chairman Rep. Adam Smith, D-Wash., had one message in his two public appearances Monday it’s that he’s “absolutely committed” to getting the National Defense Authorization Acts past his committee, even if he has to back down from the position he staked out in his...
14:26 2019-06-11

UPDATE 4-Defying Congress, Trump sets $8 billion-plus in weapons sales to Saudi Arabia, UAE U.S. President Donald Trump, declaring a national emergency because of tensions with Iran, swept aside objections from Congress on Friday to complete the sale of over $8 billion worth of weapons to Saudi Arabia, the United Arab Emirates and Jordan....
09:13 2019-05-25

Ex-wife of Amazon boss Jeff Bezos pledges half of her £27.5 billion fortune to charity The ex-wife of Amazon founder Jeff Bezos has promised to donate at least half her fortune to charity, just months after finalising her divorce from the world's richest man....
18:01 2019-05-28

U.S.-based equity funds post $12.27 billion outflows amid U.S.-China trade tensions Investors rattled by lingering trade tensions between the United States and China pulled $12.27 billion from U.S.-based equity funds in the week ended Wednesday, according to data released by......
15:00 2019-05-21

The New York auction house Sotheby’s is being sold to French Israeli businessman Patrick Drahi for almost $4 billion NEW YORK (AP) — The New York auction house Sotheby’s is being sold to French Israeli businessman Patrick Drahi for almost $4 billion. The post The New York auction house Sotheby’s is being sold to French Israeli businessman Patrick Drahi for almost $4 billion appeared first on LEX18.com....
17:13 2019-06-17

24 billion tons of fertile land lost every year, warns UN chief on World Day to Combat Desertification In a video message released in advance of the World Day to Combat Desertification and Drought, marked on Monday, UN Secretary-General António Guterres warned that the world loses 24 billion tons of fertile land every year, and that the degradation in land quality is responsible for a reduction in th...
05:26 2019-06-17

CBOE'S FIFTH STRAIGHT RECORD VOLUME YEAR: 1.19 BILLION OPTIONS (4.7 MILLION ADV) CONTRACTS CHANGE HANDS Chicago, January 2, 2009 - Chicago Board Options Exchange (CBOE) today announced that 2008 was the busiest ever in its 35-year history as 1,193,355,070 contracts changed hands, a 26-percent increase over the 944,471,924 contracts traded in 2007.Average daily volume (ADV) of 4.7 million contracts bea...
13:26 2019-05-22

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 Mallinckrodt acquired in 2014, had bribed doctors and their staff to prescribe an incredibly expensive dr...
22:26 2019-06-05

Pegatron eyes up to $1 billion Indonesia investment to assemble Apple phone chips: deputy minister Taiwan's Pegatron has signed a letter of intent stating it intends to invest 10-15 trillion rupiah ($695 million to $1 billion) in an Indonesian factory to assemble "chips for Apple smartphones", Indonesia's deputy industry minister said on Tuesday....
14:39 2019-05-28

Beam Park in Dagenham: the £1 billion regeneration zone with thousands of new homes planned for first-time buyers Welcome to Beam Park, the £1 billion London regeneration zone you have probably never heard of. Yet it is getting a new train station offering a 20-minute commute to the City and has many acres of open space, while thousands of houses and flats are on the way in what will be one of the largest conce...
16:39 2019-05-22

Investment grade bond funds suck in record $12.3 billion as investors ditch stocks: BAML Investors plowed a record $12.3 billion into investment grade bond funds and ditched equities over the past week, Bank of America Merrill Lynch said on Friday, as worries over trade tensions and the......
12:26 2019-06-07

Cybersecurity: The number of files exposed on misconfigured servers, storage and cloud services has risen to 2.3 billion Digital Shadows research finds that the number of exposed files -- including sensitive information -- has risen by 50 percent compared with last year. But there are some signs the problem can be fixed......
17:52 2019-05-30

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 Bakersfield, California. Tugging a 200-foot hose when he couldn’t use his tractor or sometimes wielding a...
16:52 2019-05-21

House OKs $19 billion disaster bill, breaking conservative blockade and sending measure to Trump for expected signature WASHINGTON (AP) — House OKs $19 billion disaster bill, breaking conservative blockade and sending measure to Trump for expected signature. The post House OKs $19 billion disaster bill, breaking conservative blockade and sending measure to Trump for expected signature appeared first on LEX18.com....
01:52 2019-06-04

Senate approves $19 billion disaster-relief bill after Trump backs off from demand for border security money The Senate on Thursday afternoon approved a $19 billion disaster-relief bill to help several states and Puerto Rico recover from hurricanes, floods and wildfires -- after President Trump backed off from his demand that border security money be added to the package....
23:39 2019-05-23

Bats Europe Reports Record Month for Bats LIS with Over €2 Billion Traded on Platform LONDON – 3 July 2017 – Bats Europe, a CBOE Holdings, Inc. company and the region’s largest equities exchange operator, today reported June volume and highlights for Bats LIS, its new block trading platform powered by BIDS technology, which saw more than €2.0 billion in notional value traded du...
22:13 2019-05-21

Lightning kills 2 giraffes at same Florida wildlife park in 'billion to one' tragedy Lion Country Safari in Loxahatchee, Florida, said medical reports confirmed the giraffes died instantaneously when they were struck by lightning.        ...
20:39 2019-06-12

China tariffs could force 'widespread store closures' and put $40 billion in sales at risk 2019 has already been a tough year for retailers but the tariffs with China could put $40 billion of sales and 12,000 stores at risk, a report says.        ...
15:13 2019-05-21

Deutsche Bank to reportedly set up 50 billion euro bad bank; shares pop over 3% Deutsche Bank is planning to overhaul its trading operations by creating a "bad bank" to hold tens of billions of euros of assets, the Financial Times reported on Sunday....
12:00 2019-06-17

Cboe Europe Reports Record Month for Cboe LIS with €8 Billion Notional Traded on Block Trading Platform LONDON – 5 November 2018 – Cboe Global Markets, Inc. (Cboe: CBOE), one of the world’s largest exchange holding companies, today reported that its European block trading platform, Cboe LIS, set a new monthly record in October with average daily notional value (ADNV) traded of €348 million, up 27.7% f...
16:00 2019-05-21

Deutsche Bank to set up 50 billion euro bad bank: source Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a source close to the matter said on Monday....
12:39 2019-06-17

Deutsche Bank to set up 50 billion euro bad bank in revamp Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a source close to the matter said on Monday....
18:39 2019-06-17

Traders have a $1.5 billion bet riding against Uber (UBER, LYFT) Carlo Allegri/Reuters Short-sellers have ramped up their bets against Uber to $1.5 billion. Borrowing of Uber shares has surged by more than 160% in the past two weeks, to 36 million shares from 13.6 million. The value of short positions in Uber has passed the value of those in Lyft for the first t...
21:13 2019-05-28

Deutsche Bank to set up 50 billion euro bad bank Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a source close to the matter said on Monday....
14:52 2019-06-17

Uber Lit $1 Billion on Fire Last Quarter Because That's What Uber Does In its first earnings as a public company, Uber posted losses of $1 billion over the previous quarter, more or less matching investor expectations, because sending the GDP of Vanuatu off a cliff every three months is Uber’s current business model, more or less. Read more......
06:52 2019-05-31

Deutsche Bank to set up 50 billion euro bad bank: FT Deutsche Bank is planning to overhaul its trading operations by creating a "bad bank" to hold tens of billions of euros of assets and shrinking or shutting its U.S. equity and trading businesses, the Financial Times reported on Sunday....
00:13 2019-06-17

CBOE NOVEMBER DAILY VOLUME AVERAGES 4.2 MILLION CONTRACTS: YEAR-TO-DATE VOLUME EXCEEDS ONE BILLION CONTRACTS Chicago, December 1, 2009 - The Chicago Board Options Exchange (CBOE) today reported that trading volume during November 2009 averaged 4.2 million contracts per day, down eight percent from November 2008 average daily volume (ADV) of 4.6 million contracts. Total options volume during the month dropp...
13:26 2019-05-22

Revisiting the old New Deal When Alexandria Ocasio-Cortez and her allies proposed a new stimulus package to take on climate change and income inequality, they called it the Green New Deal. Their reasoning for the economic program’s name is obvious. It pays homage to the New Deal, a bundle of transformative economic reforms cap...
21:00 2019-06-05

Humana Says It Won't Do Deal With Centene Humana said it won’t propose a deal to combine with Centene, as the insurer sought to end recent speculation that it could potentially take over the company....
17:13 2019-06-03

Sprint's Deal Is Still a Marathon Sprint and T-Mobile moved closer to a deal with a positive decision from the FCC on Monday, but the market’s strong reaction gives a misleading sense of the improved chances....
16:52 2019-05-21

Here's The Best Smart Scale Deal We've Ever Seen If you want to keep track of your summer weight loss goals, the new model of Anker’s ultra-popular Bluetooth smart scale is on sale today for just $20 right now with promo code EUFYSLC1, the best price we’ve ever seen on a smart scale from a major brand....
22:13 2019-06-19

VW closing in on Ford deal for EVs, AVs Talks with Ford are “progressing well” and are close to being finalized, Volkswagen CEO Herbert Diess said. He urged managers to step up the pace on making VW more nimble to help face growing industry headwinds....
15:13 2019-06-13

Bulgaria sees F-16 jet deal with U.S. at $1.2 bln 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 defence ministry said on Tuesday....
10:39 2019-06-04

Verizon deal knocks $300 off the Pixel 3 With Father's Day coming a week from this Sunday, Verizon has a good deal on the Google Pixel 3 (spotted first by Droid-Life). Buy a Pixel 3 on a 24-month payment plan and you'll save $300 in the form of 24 monthly bill credits. The deal doesn't require a trade-in, but you will have to burn an upgra...
12:26 2019-06-08

Deal: Get a refurbished Samsung Galaxy S9 or S9+ for as low as $350 Samsung's last year Galaxy S flagships are still solid top-tier phones by today's standards, but their priced have dropped considerably. The Galaxy S9 can be had for around $600 outright, while the Galaxy S9+ costs just $100 more. Of course, Samsung is running promotions on all its flagships smartph...
01:26 2019-06-14

Vizio's New $70 Soundbar Is a Killer Deal If you don’t own a soundbar, you’ve probably thought about getting one. Maybe your speaker-head friend told you to check out the new Sonos Beam (sort of expensive!), or that sick-looking Sony surround sound system (even more expensive—wow!). Vizio, on the other hand, wants to sell you a new, super s...
22:13 2019-06-12

Trump says US has signed another deal with Mexico President Trump declared on Twitter that the US has inked a yet unannounced agreement with Mexico on immigration that will be presented in the “not too distant future.”​ ​”​We have fully signed and documented another very important part of the Immigration and Security deal with Mex...
16:39 2019-06-10

Venezuela talks in Norway end without deal Government and opposition envoys meeting in Norway have failed to reach an agreement in their latest rounds of talks. Opposition leader Juan Guaido has vowed to press ahead with street protests....
05:13 2019-05-30

Renault Deal Is Put to Test in France Fiat Chrysler’s proposal to merge with Renault is under scrutiny in France where the government, unions and some executives at the French auto maker are questioning whether the plan undervalues Renault and puts jobs at risk....
04:13 2019-05-30

TurboTax Isn't Getting Its Sweet IRS Deal Written Into Law After All The for-profit tax filing industry, including the pure evil company TurboTax, will not get a long-sought deal with the IRS that would give the industry exclusive rights to develop tax filing software for U.S. taxpayers, according to ProPublica....
05:26 2019-06-07

Shutterstock CEO inks deal for $27M NYC penthouse Now that Shutterstock founder and CEO Jon Oringer and his wife Talia are in contract to sell their 71 Laight St. penthouse for just under its $20 million asking price, as Gimme Shelter previously reported, the couple are moving on to another perch. They have inked a contract to buy a penthouse nearb...
03:13 2019-05-30

Paper Round: De Gea to be offered new deal "Manchester United will offer David de Gea a new deal as Ed Woodward stays in charge, Pep Guardiola wants a break, and Callum Hudson-Odoi wants more playing time."...
07:52 2019-06-12

Deal: Unlocked Moto G7 drops to just $170 ($130 off) at Best Buy If you're in the US and want to buy a mid-range Android smartphone, your options are quite limited compared to the rest of the world. The Moto G7 series is one of the solid choices if you're in the market for such a device, which proves once again that Motorola is great at doing mid-tier phones.Now,...
06:52 2019-06-07

Trump: More to Mexico deal than meets the eye Stung by criticism that his deal to avert threatened Mexican tariffs mostly ramps up existing border efforts, President Donald Trump is insisting there's more to it than meets the eye. (June 10)        ...
13:13 2019-06-11

UPDATE 2-Pentagon gets 8.8% discount in $34 bln 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 which each aircraft will cost less than $80 million, a Pentagon official said on Monday....
22:00 2019-06-10

UK PM candidate Harper: I want a new Brexit deal Mark Harper, one of the candidates vying to succeed British Prime Minister Theresa May, said he would seek a new Brexit deal and could not promise the exit would happen by Oct. 31....
09:00 2019-06-11

Boris Johnson to EU: I won’t pay unless deal improved LONDON (AP) — Former Foreign Secretary Boris Johnson is stepping up his campaign to be Britain’s next prime minister by challenging the European Union over Brexit terms. Johnson told the Sunday Times he would refuse to pay the agreed-upon 39 billion pound ($50 billion) divorce settlement unles...
17:26 2019-06-09

Looking to get in early on 5G? We've found you the best 5G phone deal in the UK The long awaited launch of 5G in the UK has finally arrived, but there's one problem...it is oh so expensive. A quick look through the 5G phone deals currently available will show you prices way up into the £60/£70 a month mark.But take a step back and you realise that this isn't...
19:00 2019-05-30

Which Grocery Delivery Subscription Is the Best Deal? Is the era of making a weekly trek to the grocery store over? Grocery delivery services might make you think so. Every time you turn around, there’s another truck barreling down your street crammed full of everything from kale to candy bars....
21:26 2019-06-18

Boris Johnson to EU: I won't pay unless deal improved Former Foreign Secretary Boris Johnson is stepping up his campaign to be Britain's next prime minister by challenging the European Union over Brexit terms....
14:52 2019-06-09

Turkey to retaliate against any US sanctions over S-400 deal Turkey's foreign minister says his country will retaliate against any possible U.S. sanctions over its deal with Russia for the purchase of the S-400 missile defense system....
13:26 2019-06-14

Wentz: Jumped at $128M deal: 'Was a win-win' Eagles quarterback Carson Wentz called his recent contract extension a fair opportunity "just because I love this place and I want to be here for a while, so I felt it was a good time."...
03:13 2019-06-11

EU to clear without conditions $34 bln IBM, Red Hat deal - sources EU antitrust regulators are expected to clear U.S. tech giant International Business Machines Corp's $34 billion bid for software company Red Hat without demanding concessions, people familiar with the matter said on Wednesday....
18:26 2019-06-19

U.S. budget negotiations advance but no deal yet U.S. Congress and White House negotiators spent hours in closed-door meetings trying to reach a two-year deal on federal spending but could not yet wrap up an agreement, Senate Democratic leader Chuck Schumer said on Tuesday....
02:52 2019-05-22

UK must leave EU on Oct. 31 even without a deal: PM candidate McVey Britain must quit the European Union at the end of October even if that means leaving without a deal, Conservative lawmaker Esther McVey, one of the candidates to succeed Theresa May as prime minister, said on Sunday....
11:13 2019-05-26

Theresa May to reveal new Brexit deal Prime minister to give details of plan to get withdrawal agreement bill ‘over the line’Follow the day’s political developments – liveTheresa May is to set out the details of her “new deal” on Brexit in a speech at 4pm as she paves the way for a last-ditch attempt to take Britain out of the European ...
15:26 2019-05-21

Deal: The Apple iPhone SE is free at AT&T Despite being 3 years old, Apple's iPhone SE remains a popular smartphone - not just because it's a well-made device that doesn't cost too much, but also because some users simply don't like the sizes that most newer handsets come in. With a screen measuring just 4 inches, the iPhone SE stands out a...
23:39 2019-05-31

Your Green New Deal Questions, Answered Eighty years after U.S. President Franklin D. Roosevelt’s New Deal created a raft of public-works programs to address the Great Depression, some present-day members of his political party say measures no less grand in scope are needed to address the existential threat of global warming. A band of se...
18:26 2019-06-19