WASHINGTONNEWSTIMES.COM: The Worldwide Leader in News 2019-06-12 11:30

France’s Dassault to acquire Medidata for $5.8 billion

French software company Dassault Systems says it will buy U.S.-based Medidata Solutions for $5.8 billion in cash. Dassault said Wednesday that it was offering of $92.25 for each share of Med...

France’s Dassault to acquire Medidata for $5.8 billion

Source: lex18.com

Dassault Systemes to buy Medidata Solutions in $5.8 bln deal French technology company Dassault Systemes said it had agreed to buy Medidata Solutions, a U.S. software company dealing in the sphere of clinical trials, in a deal worth $5.8 billion on an enterprise value basis....
2019-06-12 08:30

UPDATE 2-Dassault Systemes to buy Medidata Solutions in $5.8 bln 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 an enterprise value basis....
2019-06-12 08:30

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....
2019-06-12 00:45

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....
2019-06-12 04:45

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....
2019-06-11 23:30

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....
2019-06-12 00:45

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....
2019-06-17 18:30

Comstock Resources to acquire Covey Park in $2.2 billion deal Comstock Resources Inc said on Monday it would buy privately held natural gas company Covey Park in a deal valued at about $2.2 billion, including debt....
2019-06-10 14:30

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...
2019-06-06 18:15

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...
2019-06-10 18:30

Frances is in a bleak but hopeful space as Divorce kicks off its 3rd and final season This third and final season of Divorce is kicking off on a bit of a downer, and I welcome it. I’m close to the Frances/Diane/Dallas age bracket (Gen-Xer, pre-millennial) and so can completely relate to all three women being at a bit of a crossroads. ...
2019-07-02 05:45

New-look Citi Open announces Frances Tiafoe, Sloane Stephens among early commitments Washington’s professional tennis tournament, under new management and scheduled for July 27 to Aug. 4, is aiming to host a mix of up-and-coming players and established names....
2019-05-21 16:15

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.       ...
2019-06-14 16:45

VMware to acquire Avi Networks Once the deal is closed, VMware will offer both built-in load balancing capabilities as part of VMware NSX Data Center, and an advanced, standalone ADC....
2019-06-14 00:45

Yankees acquire Cameron Maybin And the next man up is… Cameron Maybin! Additional Roster Moves: The Yankees have acquired OF Cameron Maybin from Cleveland for cash considerations. He was signed to a Major League contract and selected to the 25-man roster. To make room on th...
2019-05-21 15:45

Yankees acquire Kendrys Morales The New York Yankees announced that they have acquired Kendrys Morales in a trade with the Oakland Athletics. In exchange for Morales, Oakland will receive a player to be named later or cash considerations. The Yankees have acquired 1B/DH Kendrys Mo...
2019-05-21 15:45

Source: Pats acquire TE Roberts from Lions The Patriots are acquiring third-year tight end Michael Roberts from the Lions for a conditional seventh-round pick in 2020, a league source confirmed to ESPN. The Patriots are thin at tight end as they transition without Rob Gronkowski....
2019-06-13 17:30

Rangers acquire D Trouba in trade with Jets The New York Rangers acquired defenseman Jacob Trouba from the Winnipeg Jets on Monday in exchange for defenseman Neal Pionk and the 20th overall pick in the 2019 NHL draft....
2019-06-18 04:30

NBA notebook: Jazz to acquire Grizzlies' Conley The Memphis Grizzlies have agreed to trade point guard Mike Conley to the Utah Jazz for guards Kyle Korver and Grayson Allen, forward Jae Crowder and two first-round picks, multiple media outlets reported Wednesday....
2019-06-20 05:45

Blackhawks acquire D Maatta in trade with Penguins CHICAGO (AP) — The Chicago Blackhawks have acquired defenseman Olli Maatta in a trade with the Pittsburgh Penguins for forward Dominik Kahun and a fifth-round pick in this year’s draft. The Blackhawks had been looking to upgrade their blue line...
2019-06-16 06:00

KawhiWatch: Drake Attempting To Acquire More Chips And Dip Two days into free agency, and it’s been a severe drought of Kawhi Leonard news, excluding sources who may be Jeanie Buss’s Reddit-loving nephew or Shams Charania-cosplayers. Bone-dry. In an era where a lone emoji can kick off a 12-hour news cycle, t...
2019-07-03 08:15

Yankees acquire Terrance Gore from Royals With two weeks to go before the trade deadline, the New York Yankees have made another acquisition. However, the move seems more geared towards the final month of the regular season. The Yankees have acquired OF Terrance Gore from the Kansas City Roy...
2019-07-18 22:30

Hurricanes acquire G Reimer in trade with Panthers The Carolina Hurricanes acquired goaltender James Reimer from the Florida Panthers on Sunday in exchange for goalie Scott Darling and a sixth-round pick in the 2020 NHL Draft....
2019-06-30 23:00

Devils Acquire P.K. Subban From the Nashville Predators A day after taking the American center Jack Hughes with the No. 1 pick of the N.H.L. draft, the Devils landed Subban, a star defenseman, and also right wing John Hayden, from Chicago....
2019-06-22 20:45

Cisco to acquire industrial IoT company Sentryo Sentryo's platform addresses the challenges business face when deploying IoT projects, in terms of scaling to production and managing and securing infrastructure....
2019-06-06 17:15

CVC-led consortium to acquire 30% stake in Dubai's GEMS Education A consortium led by private equity firm CVC Capital Partners has agreed to acquire a 30% stake from existing shareholders in Dubai-based GEMS Education....
2019-07-10 14:00

Yankees acquire Edwin Encarnacion in trade with Mariners The Seattle Mariners traded designated hitter/first baseman Edwin Encarnacion to the New York Yankees for cash considerations and a minor league pitcher Saturday night....
2019-06-17 03:45

Palo Alto Networks to acquire Twistlock, PureSec Palo Alto plans to add Twistlock's container security capabilities and PureSec's serverless security capabilities to its new cloud security suite, Prisma....
2019-05-30 04:15

Devils acquire PK Subban from Predators in massive steal VANCOUVER, British Columbia — How’s that for a splash? The Devils continued their star-studded weekend when general manager Ray Shero obtained electric defenseman P.K. Subban from the Predators on Saturday in exchange for Steve Santini, Jeremy Davies...
2019-06-22 21:15

Aurora Innovation to acquire lidar company Blackmore Self-driving systems company Aurora Innovation is placing a big bet on a lidar company that has taken an unconventional approach to developing its technology....
2019-05-24 20:00

United Technologies Strikes Deal to Acquire Raytheon United Technologies struck an all-stock deal to acquire military contractor Raytheon, continuing the sprawling industrial conglomerate’s transformation into a company focused on aerospace and defense....
2019-06-10 00:45

Elliott Management to acquire Barnes & Noble for $683 million Billionaire Paul Singer's firm already owns Britain's biggest bookseller, Waterstones. Adding Barnes & Noble could give Elliott buying leverage....
2019-06-07 16:01

Google to Acquire Data-Analytics Firm Looker Google has made a long-awaited acquisition to bolster its cloud-computing business, a booming industry where it has lagged behind rivals. The tech giant has reached a deal to acquire Looker for $2.6 billion in cash....
2019-06-06 18:15

Energy distributor UGI's unit to acquire Columbia Midstream for $1.28 bln Energy distributor UGI Corp said on Tuesday its unit UGI Energy Services will acquire Columbia Midstream Group from a subsidiary of Canada's TC Energy Corp for about $1.28 billion to expand its midstream business....
2019-07-03 06:00

Mets acquire Indians’ Brooks Pounders as bullpen changes begin The Mets’ search for bullpen help continues. The team’s latest attempt was acquiring right-hander Brooks Pounders from the Indians for cash considerations, the Mets announced Saturday. The move came along with the team officially designating re...
2019-06-16 00:15

Nets acquire 2 players in 3-team deal with Wizards, Spurs LAS VEGAS — The Nets acquired the draft rights to 26-year-old Serbian guard/forward Nemanja Dangubic from the Spurs and to 6-foot-9, 230-pound forward Aaron White from the Wizards. The Nets dealt DeMarre Carroll to the Spurs, and the Wizards got Davi...
2019-07-07 06:30

PepsiCo plans to acquire South Africa's Pioneer Foods U.S.-based beverage and snack maker PepsiCo is planning to acquire South Africa's Pioneer Food Group for around $1.7 billion, the two companies said on Friday, as it targets expansion in Africa....
2019-07-19 12:30

New Jersey Devils acquire PK Subban from Predators in blockbuster trade Devils add Subban hours after drafting Jack Hughes first overallSubban is three-time All-Star and former Norris Trophy winnerThe New Jersey Devils acquired PK Subban from the Nashville Predators on Saturday in exchange for Steven Santini, Jeremy Davi...
2019-06-22 21:45

CBOE Holdings to Acquire Data and Analytics Platforms of Livevol, Inc. CHICAGO, IL -- June 2, 2015 -- CBOE Holdings, Inc. (NASDAQ: CBOE) announced today that it has entered into a definitive agreement to acquire the market data services and trading analytics platforms of Livevol, Inc., a leading provider of equity and i...
2019-05-22 22:15

Pacers acquire Malcolm Brogdon in sign-and-trade with Bucks The Pacers added size and shooting to their backcourt by acquiring Malcolm Brogdon from the Bucks and agreeing on a four-year, $85 million contract.       ...
2019-07-01 03:45

Rangers acquire Trouba from Jets for Pionk, 1st round pick The New York Rangers have acquired defenseman Jacob Trouba from the Winnipeg Jets for defenseman Neal Pionk and the 20th overall pick in the draft. The teams announced the trade Monday. Trouba is a restricted free agent who needs a new contract. Trou...
2019-06-18 03:30

UPDATE 1-CVC-led consortium to acquire 30% stake in Dubai's GEMS Education A consortium led by private equity firm CVC Capital Partners has agreed to acquire a 30% stake from existing shareholders in Dubai-based GEMS Education....
2019-07-10 14:45

Wizards acquire Bertans from Spurs in 3-team deal with Nets Forward Davis Bertans has been traded to the Washington Wizards by San Antonio as part of a three-team deal that allowed the Spurs to acquire DeMarre Carroll from the Brooklyn Nets       ...
2019-07-07 17:15

Buyout firm Apollo Global agrees to acquire Shutterfly Private equity firm Apollo Global Management LLC said on Monday it had agreed to acquire U.S. digital imaging company Shutterfly Inc for $2.7 billion, including the company's $900 million debt....
2019-06-10 23:45

LIME BROKERAGE TO ACQUIRE MINORITY INTEREST IN CBOE STOCK EXCHANGE, LLC NEW YORK and CHICAGO - January 8, 2008 - CBSX and Lime Brokerage announced today that Lime has acquired a minority interest in the CBOE Stock Exchange, LLC (CBSX), a subsidiary of the Chicago Board Options Exchange (CBOE). ......
2019-05-23 22:30

Elliott Management reportedly in lead to acquire bookseller Barnes & Noble The retailer said last year it was exploring a sale after having received "expressions of interest" from "multiple parties," including its Chairman Leonard Riggio, who founded the company in 1965....
2019-06-06 20:15

Apple wants to acquire Intel’s 5G business to build its own modems, sources claim Enlarge / A 5G Intel logo is seen during the Mobile World Congress on February 26, 2019 in Barcelona. (credit: Miquel Benitez/Getty Images) Apple is still looking into the possibility of acquiring Intel's Germany-based modem business, The Informati...
2019-06-12 23:45

Exclusive: Chevron Phillips Chemical in bid to acquire Nova Chemicals - sources ​Chevron Phillips Chemical Company LP, a joint venture between Chevron Corp and Phillips 66, has offered to acquire Nova Chemicals Corp for more than $15 billion including debt, people familiar with the matter said on Thursday....
2019-06-20 22:30

Exclusive: Buyout firm Apollo Global in the lead to acquire Shutterfly Private equity firm Apollo Global Management LLC is in the lead to acquire Shutterfly Inc after making the highest offer for the U.S. digital imaging company, people familiar with the matter said on Monday....
2019-06-10 18:15

Miami Heat to acquire Jimmy Butler in four-team trade: report The Miami Heat on Monday reportedly acquired star Jimmy Butler from the Philadelphia 76ers as part of a four-team trade, which also included the Los Angeles Clippers and Portland Trail Blazers....
2019-07-03 06:01

Brazil's Hapvida to acquire smaller rival America Group -filing Brazilian healthcare provider Hapvida Participacoes e Investimentos SA has reached an agreement to acquire smaller rival America Group for 426 million reais ($109.87 million), according to a securities filing on Sunday....
2019-06-10 02:15

Lakers acquire DeMarcus Cousins, Danny Green and Quinn Cook to add depth DeMarcus Cousins will try to win an NBA title with LeBron James, former teammate Anthony Davis and the L.A. Lakers after year with Golden State.       ...
2019-07-06 22:45

Trump threatens ‘official end to Iran’ as he vows he’ll never let Tehran acquire nuclear weapons SHADES OF FIRE AND FURY: It’s not clear who fired the Katyusha rocket that landed near the U.S. embassy in Baghdad yesterday, but shortly afterward, President Trump put Iran on notice, tweeting, “If Iran wants to fight, that will be the official end ...
2019-05-21 15:00

Salesforce to acquire data analytics platform Tableau, just days after Google says it is buying Looker Customer-management software developer Salesforce is buying Tableau Software, which uses self-service analytics to help people work with data.       ...
2019-06-10 18:45

Heat Acquire Jimmy Butler In Trade With Sixers, Who Acquired Al Horford In Free Agency The writing was on the wall for the end of Jimmy Butler’s tenure with the Philadelphia 76ers when Tobias Harris agreed to a five-year, $180 million max contract with the team just one hour into the start of free agency. Now, that end is official with...
2019-07-01 06:15

Qatar Investment Authority, Douglass Emmett acquire $365 mln California real estate complex Qatar Investment Authority (QIA) and real estate investor Douglas Emmett Inc have acquired a $365 real estate development in California, the Qatari sovereign wealth fund said on Monday....
2019-07-01 23:30

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2019-07-01 15:45

REFILE-UPDATE 1-Qatar Investment Authority, Douglass Emmett acquire $365 mln California real estate complex Qatar Investment Authority (QIA) and real estate investment trust Douglas Emmett Inc have acquired a $365 million real estate development in California, the Qatari sovereign wealth fund said on Monday....
2019-07-02 00:15

CBOE Holdings Agrees to Acquire Bats Global Markets to Strengthen CBOE Holdings' Global Position in Innovative Tradable Products and Services, and Achieve Meaningful Cost and Operational Efficiencies CHICAGO and KANSAS CITY, Kan., Sept. 26, 2016/ PRNewswire/-- CBOE Holdings, Inc. and Bats Global Markets, Inc. today announced that they have entered into a definitive agreement, which has been approved by the Board of Directors of each company by un...
2019-05-22 12:15

CBOE Stock Exchange to Acquire National Stock Exchange CHICAGO, Sept. 29, 2011 /PRNewswire/ -- CBOE Stock Exchange (CBSX) announced today that it has entered into a definitive agreement to acquire the National Stock Exchange, Inc. (NSX), an all-electronic stock exchange which is owned primarily by severa...
2019-05-23 20:15

The Man With the $13 Billion Checkbook How Darren Walker, a gay black man who grew up poor in Texas, came to be one of the best connected people in New York City. And what that means for the future of philanthropy....
2019-07-12 12:30

IBM closes $34 billion deal to buy Red Hat International Business Machines Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc as it looks to ramp up its cloud computing business....
2019-07-09 14:45

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....
2019-06-07 00:15

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....
2019-06-14 05:00

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....
2019-06-13 19:45

Pakistan gets approval from IMF for $6 billion loan International Monetary Fund approves $6 billion bailout plan requested by the government of Pakistani Prime Minister Imran Khan to resuscitate the country’s ailing economy...
2019-07-03 20:45

Fireworks sales to top $1.3 billion in 2019 The fireworks business receives most of its revenue in the leadup to the Fourth of July holiday. That revenue has surged recently.       ...
2019-07-03 11:00

Brookfield, GIC to buy Genesee & Wyoming for about $6.4 billion Canada's Brookfield Asset Management Inc and Singaporean sovereign wealth fund GIC on Monday agreed to buy U.S. freight railroad owner Genesee & Wyoming Inc for about $6.4 billion in cash....
2019-07-01 15:15

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...
2019-05-25 07:15

U.S. demands $12.7 billion in judgment against 'El Chapo' U.S. authorities said on Friday they were seeking a court order requiring Mexican drug lord Joaquin "El Chapo" Guzman to forfeit $12.7 billion following his conviction for racketeering and drug trafficking crimes earlier this year....
2019-07-06 06:00

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....
2019-05-31 06:30

U.S. Threatens Further Tariffs on $4 Billion of EU Goods The U.S. has widened its threat to impose tariffs against the European Union, pending the outcome of a World Trade Organization case over subsidies to the airplane manufacturer Airbus....
2019-07-02 12:45

StockX Is Latest $1 Billion Unicorn StockX, an online marketplace that lets individuals trade sneakers like stocks, closed a round of venture funding that valued the startup at more than $1 billion, riding the sneaker-reselling craze fueled by teens....
2019-06-28 00:45

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....
2019-06-04 09:30

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....
2019-06-10 21:15

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, ...
2019-06-10 23:45

Cisco to Buy Acacia Communications for About $2.6 Billion Cisco Systems is buying Acacia Communications, a maker of high-speed, optical interconnect technologies, for about $2.6 billion, or $70 a share, looking to meet rising demands on performance of networking gear....
2019-07-10 02:15

The Company IBM's Buying For 34 Billion Dollars International Business Machines Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc as it looks to ramp up its cloud computing business....
2019-07-10 03:15

UN to appeal for $1.2 billion to help 5 million Palestinians The head of the U.N. agency for Palestinian refugees says he hopes donors will be as generous this year as they were last year after the United States cut all funding for the $1.2 billion program to help some 5 million Palestinians...
2019-06-22 02:15

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....
2019-05-21 17:45

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 settl...
2019-06-18 23:45

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. ...
2019-06-15 01:15

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....
2019-05-21 19:45

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....
2019-05-21 17:15

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....
2019-05-23 19:15

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

WSJ: Facebook reaches $5 billion FTC settlement The inevitable has happened for Facebook. After weeks of reports that the company was working to settle with the Federal Trade Commission (FTC) over its privacy practices, the two parties have finally come to an agreement. The Wall Street Journal rep...
2019-07-13 05:45

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....
2019-06-20 10:00

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'...
2019-05-22 07:45

Boeing 737 Max Troubles Add Up: $8 Billion and Counting The company, which had already announced $1 billion in costs from the jet’s grounding after two crashes, added $5.6 billion to compensate airlines and $1.7 billion due to a production slowdown....
2019-07-19 03:45

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 technolo...
2019-05-22 01:30

Reckitt to pay $1.4 billion to end Indivior probe Britain's Reckitt Benckiser will pay up to $1.4 billion to resolve all U.S. federal investigations into the sales and marketing of an opioid addiction treatment by its former prescription pharmaceuticals business Indivior ....
2019-07-11 10:01

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)        ...
2019-06-19 03:15

Treasury to Sell $112 Billion in Debt The U.S. Treasury Department will auction next week $112 billion in securities, comprising $76 billion in new debt and $36 billion in previously sold debt....
2019-07-11 21:15

Mozambique seeks $3.2 billion to recover from cyclones JOHANNESBURG — Mozambique says it needs $3.2 billion to recover from a pair of powerful tropical cyclones that ripped into the southern African nation earlier this year and left hundreds dead, raising alarm about the effects of climate change on coas...
2019-05-30 11:15

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....
2019-05-30 11:15

Crackdown targets scammers behind 1 billion robocalls Federal authorities announced a major crackdown on dozens of robocallers responsible for about 1 billion robocalls. The effort, dubbed “Operation Call it Quits,” included actions by the Federal Trade Commission and 25 additional federal, ...
2019-06-27 19:30

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. ...
2019-06-19 04:00

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...
2019-06-03 15:45

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

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....
2019-06-10 18:15

Americans to spend $1 billion on beer this 4th of July Nevada will become the first state to ban employers from rejecting job applicants because of failed drug tests. Veuer’s Natasha Abellard has the story.       ...
2019-07-03 22:30

US seeks $12.7 billion from drug lord 'El Chapo' Citing years of narcotics trafficking, US prosecutors have called for "El Chapo" to forfeit billions in drug money. But his lawyer dismissed the request, saying "the government has never located or identified a penny."...
2019-07-06 06:30

IBM gains unconditional EU approval for $34 billion Red Hat deal U.S. tech giant International Business Machines Corp on Thursday won unconditional EU antitrust approval for its $34 billion acquisition of software company Red Hat ....
2019-06-27 19:45

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 ...
2019-06-17 12:30

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...
2019-05-30 15:45

Callon Petroleum to Buy Carrizo Oil for $1.2 Billion in Stock Callon Petroleum has said it would buy Carrizo Oil & Gas Inc. for $1.2 billion in stock as the oil company seeks to build scale in key production areas in Texas, including in the Permian Basin and Eagle Ford shale production areas....
2019-07-15 18:15

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...
2019-05-22 17:15

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....
2019-05-30 22:45

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...
2019-06-10 15:15

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....
2019-06-07 15:30

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....
2019-06-04 22:15

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...
2019-06-04 22:15

NBA free agency: Roughly $3 billion spent on Day 1 The first day of NBA free agency was one of the wildest in recent memory, as roughly $3 billion — yes, billion — in new contract money was agreed to.       ...
2019-07-01 21:15

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 Wednesd...
2019-06-05 14:00

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....
2019-06-18 17:45

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

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...
2019-06-06 01:15

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......
2019-06-06 11:15

| Population of Earth to reach 9.7 billion in 2050: UN The world population is expected to climb to 9.7 billion in 2050 from 7.7 billion today, with the population of sub-Saharan Africa doubling, a United Nations report released Monday said....
2019-06-19 00:15

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....
2019-05-24 04:15

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...
2019-05-22 01:30

EU clears Vodafone's $22 billion Liberty deal Brussels gave its blessing to Vodafone's $22 billion purchase of Liberty Global's cable networks in Germany and central Europe, clearing the way for the British company to become Europe's largest mobile, broadband and TV provider....
2019-07-18 14:30

US threatens EU with $4 billion worth of additional tariffs Just days after reaching a truce over trade with China, the US government on Monday increased pressure on Europe in a long-running dispute over aircraft subsidies....
2019-07-02 09:45

Infineon to Buy Cypress Semiconductors in $10 Billion Deal Infineon has agreed to buy Cypress Semiconductors in a deal valuing the US maker of microchips used in cars and electronic devices at 9 billion euros ($10.1 billion), including debt....
2019-06-03 13:45

Applied Materials to Buy Kokusai Electric From KKR for $2.2 Billion Applied Materials said it is acquiring Kokusai Electric, a producer of semiconductor manufacturing equipment, for $2.2 billion from global investment firm KKR....
2019-07-01 15:15

Trump signs $4.6 billion border aid package President Donald Trump signed a $4.6 billion aid package on Monday to help the federal government cope with the surge of Central American immigrants at the U.S.-Mexico border. (July 1)        ...
2019-07-02 03:15

Constitutionality of $16 billion of Illinois bonds challenged The sale of $10 billion of general obligation bonds in 2003 and $6 billion in 2017 by Illinois was unconstitutional because the proceeds were used for loans to the state's pension funds or to finance budget deficits, according to a court filing on Mo...
2019-07-02 02:15

Population Of Earth To Reach 9.7 Billion In 2050: UN The world population is expected to climb to 9.7 billion in 2050 from 7.7 billion today, with the population of sub-Saharan Africa doubling, a United Nations report released Monday said....
2019-06-18 07:00

U.S. seeks $12.7 billion from ‘El Chapo’ — the value of all the drugs he trafficked The sum represents the total amount of cocaine, marijuana and heroin that a jury found Guzman to have trafficked, multiplied by the average prices of those drugs, according to a filing by prosecutors in Brooklyn federal court....
2019-07-06 11:15

May budget deficit hits record $207.8 billion WASHINGTON (AP) — The federal government’s budget deficit in May rose to a record $207.8 billion, 41.5% higher than a year ago. Most of that increase reflected the impact of calendar quirks that shifted $55 billion in June benefit payments into...
2019-06-12 20:15

Palestinians reject US's €50 billion peace plan Palestinian officials have described as "abstract promises" a new $50 billion investment plan for the Palestinian economy. The Palestinian Authority will boycott a two-day peace conference in Bahrain next week....
2019-06-23 03:30

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 Uni...
2019-06-15 00:15

FTC Approves Roughly $5 Billion Facebook Settlement The Federal Trade Commission voted this week to approve a roughly $5 billion settlement with Facebook over a long-running probe into the tech giant’s privacy missteps, according to a person familiar with the matter....
2019-07-12 23:45

Slack IPO starts trading at $38.50 for $23 billion valuation Slack's IPO started with a bang as the first trade was priced at $38.50, giving the company a $23 billion valuation, well above the expected $16 billion.Read More...
2019-06-20 20:45

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....
2019-05-28 20:30

Sri Lanka In Talks With China For $1 Billion Loan Sri Lanka is seeking a loan of nearly $1.0 billion from China for energy and highways as the island recovers from the devastating Easter Sunday bombings, the finance ministry said Thursday....
2019-06-20 18:15

NASA estimates it will need up to $30 billion for moon landing NASA has touted its bold plan to return American astronauts to the moon by 2024 for months. Now we're starting to get an idea of how much it will cost....
2019-06-14 20:45

Startup that owns TikTok now has one billion users ByteDance, the Beijing-based startup behind popular short video platform TikTok, has amassed more than one billion monthly active users across its apps....
2019-06-20 17:45

IBM closes $34 billion Red Hat acquisition: Now it's time to deliver Red Hat is now part of IBM and the two companies made sure customers, developers and partners all knew about the commitment to open source, developer programs and multi-cloud deployments....
2019-07-09 17:30

FTC approves roughly $5 billion Facebook settlement: WSJ The United States Federal Trade Commission voted this week to approve a roughly $5 billion settlement with Facebook Inc over a long-running investigation into the company's privacy missteps, the Wall Street Journal reported on Friday....
2019-07-12 22:30

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....
2019-05-28 15:45

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. Planetolog...
2019-05-23 23:15

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....
2019-05-24 03:15

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 nar...
2019-05-29 03:30

PG&E to float $31 billion restructuring plan: Bloomberg Power producer PG&E Corp will propose a $31 billion bankruptcy restructuring plan that will include two funds worth a total of $34 billion to cover past and future wildfire claims, Bloomberg reported https://twitter.com/scottdeveau/status/11421179956...
2019-06-21 19:45

Facebook has taken down over 2 billion fake accounts in 2019 Facebook took down 2.19 billion fake accounts during the first quarter of 2019, the company has announced. In addition to that, Facebook said it disabled 1.2 billion fake accounts in Q4 2018. These numbers are quite staggering when you consider that....
2019-05-23 20:45

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 visualiz...
2019-06-10 23:45

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....
2019-05-29 14:30

India's PNB says detects 38 billion rupee fraud India's state-run Punjab National Bank (PNB) on Saturday said it had reported a borrowing fraud of 38.05 billion Indian rupees ($556 million) in Bhushan Power & Steel Ltd's account to the country's central bank....
2019-07-07 02:15

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 su...
2019-05-23 01:45

Germany's Metro says $6.6 billion bid undervalues company Metro said that an unsolicited offer by two prominent investors to take over the German retailer substantially undervalues it and advised shareholders on Sunday to hold off on taking action until management comments further....
2019-06-23 13:00

U.S. clears SoftBank's $2.25 billion investment in GM's Cruise SoftBank has come under increasing U.S. scrutiny over its ties to Chinese firms in the face of an escalating trade and technology war between Washington and Beijing....
2019-07-06 13:30

Facebook’s Getting Slapped With a $5 Billion FTC Privacy Settlement The U.S. Federal Trade Commission approved a record privacy settlement against Facebook requiring the social media company to pay about $5 billion to resolve an investigation stemming from the Cambridge Analytica data scandal. The FTC’s settlem...
2019-07-13 07:45

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....
2019-06-13 12:45

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...
2019-06-17 04:15

FDA approves ‘female Viagra,’ could tap potential $1 billion market Vyleesi, chemically known as bremelanotide, activates pathways in the brain involved in sexual desire, helping premenopausal women with hypoactive sexual desire disorder (HSDD)....
2019-06-22 09:00

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....
2019-06-12 22:15

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....
2019-06-07 08:45

Germany ends 5G frequency auction, raises $7.4 billion BERLIN (AP) — Germany’s auction of frequencies for a super-fast 5G network has ended after nearly three months, raising more money for the government than was originally expected: 6.55 billion euros ($7.4 billion). The Federal Network Agency on...
2019-06-12 20:15

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....
2019-06-19 01:00

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....
2019-06-14 19:30

UN: World population expected to rise to 9.7 billion in 2050 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...
2019-06-18 00:15

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...
2019-06-13 10:45

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....
2019-06-13 16:15

California governor proposes a $21 billion wildfire fund California Governor Gavin Newsom has proposed helping utilities create a fund of up to $21 billion to compensate future victims of wildfires sparked by the companies' equipment or employees, an aide said on Friday....
2019-06-22 07:45

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 Mozambiq...
2019-06-18 21:00

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 t...
2019-06-13 00:00

Performance Food Acquires Reinhart in $2 Billion Deal Food distributor Performance Food Group has agreed to acquire privately held rival Reinhart Foodservice for $2 billion in a bid to build scale and tackle rising costs....
2019-07-01 15:15

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....
2019-06-06 18:30

Slack Skyrockets to $21 Billion Valuation After Unusual Listing (Bloomberg) — A parade of initial public offerings from Silicon Valley this year have garnered mixed receptions from investors. Slack Technologies Inc. took a different route on Thursday, and saw its shares soar as it went public without an IPO...
2019-06-21 00:30

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....
2019-06-17 19:45

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....
2019-06-10 10:30

China needs nearly $440 billion to clean up rural environment: report China will need to spend 3 trillion yuan ($440 billion) over three years to improve village sanitation and clean up its heavily polluted rural environment, the official People's Daily reported on Saturday, citing government officials....
2019-06-22 13:30

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)...
2019-06-14 23:30

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.       ...
2019-06-17 15:15

Bayer says to invest 5 billion euros in new weed killers Bayer said it would invest 5 billion euros ($5.6 billion) in developing new weedkillers and reducing its environmental impact by 30% by 2030, as it seeks to address the fallout from U.S. class-action litigation over glyphosate....
2019-06-14 09:15

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....
2019-06-11 12:45

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....
2019-06-10 18:15

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

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....
2019-06-17 14:30

U.S. might spend up to $1 billion to make U.S. networks 100% Huawei-free FCC Commissioner Geoffrey Starks, a Democrat, was confirmed by the Senate in January to that position joining fellow lefty Jessica Rosenworcel to make up the 2-3 minority on the regulatory agency. In an interview with CNET, Starks says that not only ...
2019-06-23 08:15

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....
2019-06-10 19:01

$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....
2019-06-20 00:45

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

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....
2019-06-20 08:30

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....
2019-06-14 21:45

India, Indonesia Set $50 Billion Trade Target By 2025 India and Indonesia on Saturday set an ambitious USD 50 billion target for bilateral trade over the next six years as Prime Minister Narendra Modi and President Joko Widodo discussed ways to deepen......
2019-06-29 14:15

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."...
2019-06-07 12:30

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....
2019-06-17 18:30

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 on...
2019-06-07 17:45

How Supreme Got Pulled Into a Fight for Its Billion-Dollar Brand Nearly every brand from Gap to Gucci has battled copycats around the globe. But Supreme, the world’s hottest streetwear brand, is battling an opponent who has registered trademarks and opened stores....
2019-06-28 21:15

South Korea's Korean Air to buy 30 Boeing 787 planes for $9.67 billion South Korea's biggest carrier Korean Air Lines said on Wednesday it has signed a memorandum of understanding to buy 30 Boeing planes for $9.67 billion....
2019-06-19 02:45

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....
2019-06-09 01:15

US Congress Approves $4.6 Billion In Emergency Border Funding US House Speaker Nancy Pelosi on Thursday bowed to pressure from President Donald Trump's Republicans as Congress approved $4.6 billion in emergency aid to ease a swelling migrant crisis on the......
2019-06-28 07:30

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....
2019-06-10 00:15

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...
2019-06-17 17:45

Oxford University Signs $5 Billion Deal With Investor The University of Oxford signed a deal with U.K. insurer and asset manager Legal & General to provide $5 billion in funding over 10 years to build graduate student housing, subsidized accommodation for university staff and income-generating science p...
2019-06-27 21:01

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 ...
2019-06-10 23:30

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....
2019-06-06 15:30

Deutsche Bank to cut 18,000 jobs in 7.4 billion euro overhaul Deutsche Bank is to ax vast swathes of its trading desks in one of the biggest overhauls to an investment bank since the aftermath of the financial crisis, in a restructuring that will see 18,000 jobs go and cost 7.4 billion euros....
2019-07-07 23:00

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....
2019-05-24 22:30

Reckitt to pay $1.4 billion to end opioid addiction treatment probes Reckitt Benckiser has agreed to pay up to $1.4 billion to end U.S. federal investigations into the marketing of an opioid addiction treatment by its former business Indivior, lifting a cloud that has been hanging over the British company for years....
2019-07-11 13:30

U.S. Reaches $1.4 Billion Opioid-Drug Settlement With U.K.'s Reckitt U.K. consumer-goods company Reckitt Benckiser will pay up to $1.4 billion to settle U.S. investigations into whether its former pharmaceuticals unit organized a multibillion-dollar fraud to drive up sales of an opioid-addiction treatment....
2019-07-11 13:45

UPDATE 2-Bulgaria approves $1.26 billion deal to buy U.S. F-16 aircraft Bulgaria's government agreed with the United States on Wednesday to buy eight new Lockheed Martin F-16 fighters for its air force for $1.256 billion, the defence ministry said, its biggest military purchase since the fall of Communism....
2019-07-10 14:00

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 “activeR...
2019-05-24 06:45

Reckitt to pay $1.4 billion to end U.S. opioid addiction treatment probes Reckitt Benckiser has agreed to pay up to $1.4 billion to resolve U.S. claims that its former pharmaceuticals business Indivior before it was spun out of the company carried out an illegal scheme to boost sales of an opioid addiction treatment....
2019-07-11 20:45

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, and President Donald Trump supported it even though it did not include the funds he requested to address a migrant surge at the so...
2019-05-24 03:15

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 Co. could potentially be a bargaining chip in settling the dispute....
2019-05-24 02:15

Slimmed-down WPP to net $3.1 billion selling Kantar stake to Bain WPP is selling a 60% stake in Kantar to private equity firm Bain Capital, valuing the data analytics business at about $4 billion and giving the British owner of agencies including Ogilvy and Wunderman Thompson funds to cut debt and rebuild....
2019-07-12 20:45

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 ...
2019-05-24 00:15

Reckitt to pay $1.4 billion to end long-running Indivior probes Britain's Reckitt Benckiser has agreed to pay up to $1.4 billion to resolve all U.S. federal investigations into the sales and marketing of an opioid addiction treatment by its former prescription pharmaceuticals business Indivior ....
2019-07-11 12:15

Walmart Got A $10 Billion (Happy) Surprise After Buying Flipkart Walmart debated for months whether to keep funding the payments business internally or whether to separate the operation so it could raise outside funds....
2019-07-10 16:30

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....
2019-05-25 06:30

WeWork looking to raise up to $4 billion in debt ahead of IPO: source Shared office space manager WeWork Cos is looking to raise $3 billion to $4 billion in debt before it goes public, a person familiar with the matter said on Sunday, a move aimed to fuel investor confidence in the company....
2019-07-07 23:00

Deutsche Bank begins 18,000 job cull in $8.3 billion reinvention Deutsche Bank laid off staff in Asia on Monday as it began cutting 18,000 jobs as part of a 7.4 billion euro ($8.3 billion) "reinvention" set to tip Germany's largest lender into yet another annual loss....
2019-07-08 14:45

Cancer deaths cost the US $94 billion in lost earnings Almost 500,000 Americans died of cancer in 2015 and a new study concludes the disease robbed them not only of their lives but of $94.4 billion in lifetime earning potential. The American Cancer Society study released Wednesday calculates the missed-o...
2019-07-09 02:45

US Approves Potential $2.2 Billion Weapons Sale To Taiwan The US State Department has approved the potential sale to Taiwan of $2.2 billion in arms, including Abrams tanks and Stinger missiles, the Pentagon said on Monday....
2019-07-09 08:45

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....
2019-05-28 21:45

U.S. Tentatively Approves $2 Billion in Arms Sales to Taiwan The sales, along with a pending visit to the United States by Taiwan’s president, are likely to put further strain on Washington’s relationship with Beijing....
2019-07-09 09:15

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....
2019-05-28 01:15

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

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....
2019-05-25 21:00

UPDATE 1-Bulgaria approves $1.26 billion deal with US to buy F-16 aircraft Bulgaria's government approved a deal on Wednesday with the United States to buy eight new Lockheed Martin F-16 fighters for its air force for $1.256 billion, the defence ministry said, its biggest military purchase since the fall of Communism....
2019-07-10 14:00

U.S. lawmakers reach $19 billion deal on disaster aid: senators U.S. House of Representatives and Senate negotiators have reached a deal on a $19.1 billion disaster aid bill that has President Donald Trump's support, lawmakers from both parties said on Thursday....
2019-05-23 21:15

Facebook faces $5 billion fine over privacy violations US regulators have reportedly voted to fine Facebook $5 billion for data breaches. The social network landed in hot water last year amid allegations it shared users' personal information with Cambridge Analytica....
2019-07-13 04:15

$5 Billion US Fine Set For Facebook On Privacy Probe: Report US regulators have approved a $5 billion penalty to be levied on Facebook to settle a probe into the social network's privacy and data protection lapses, the Wall Street Journal reported Friday....
2019-07-13 04:30

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....
2019-05-22 00:30

UPDATE 1-EU clears Vodafone's $22 billion Liberty deal Brussels gave its blessing to Vodafone's $22 billion purchase of Liberty Global's cable networks in Germany and central Europe, clearing the way for the British company to become Europe's largest mobile, broadband and TV provider....
2019-07-18 14:30

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 t...
2019-05-21 20:30

Trump says looking closely at Amazon's bid on $10 billion Pentagon contract U.S. President Donald Trump said on Thursday his administration was looking closely at Amazon.com's bid on a $10 billion cloud contract with the Defense Department after getting complaints from other tech companies....
2019-07-18 22:45

ERAPSCO awarded $1.04 billion U.S. defense contract -Pentagon ERAPSCO, a joint venture between Sparton Corp and a subsidiary of Ultra Electronics, was awarded a $1.041 billion U.S. defense contract on Thursday to produce air-launched, expendable sonobuoys used in anti-submarine warfare, the Pentagon said....
2019-07-19 02:45

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....
2019-05-21 17:15

Microsoft's 'blow out' quarter beats projections by $1 billion Microsoft beat analysts' revenue projections by nearly $1 billion when it announced earnings for the fourth quarter of its 2019 fiscal year, as its cloud division Azure continues its path of strong expansion....
2019-07-19 06:45

Boeing takes $5.6 billion revenue hit to compensate 737 Max customers The financial toll of the jet's grounding is starting to add up for Boeing, which has frozen sales of its flagship aircraft since regulators issued a global grounding of the plane in March....
2019-07-19 09:15

Trump says Pentagon’s $10 billion cloud contract should be investigated. Again. The president said on July 18 that he had received numerous complaints about a not-yet-awarded Pentagon cloud computing contract that could go to Amazon Web Services....
2019-07-19 09:15

ERAPSCO awarded $1.04 billion U.S. defense contract: Pentagon ERAPSCO, a joint venture between Sparton Corp and a subsidiary of Ultra Electronics, was awarded a $1.041 billion U.S. defense contract on Thursday to produce air-launched, expendable sonobuoys used in anti-submarine warfare, the Pentagon said....
2019-07-19 10:15

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 Eur...
2019-05-22 01:30

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...
2019-05-22 03:45

Microsoft, AT&T sign cloud deal worth more than $2 billion Microsoft Corp and AT&T Inc on Wednesday said they reached a deal under which the telecommunications company will tap Microsoft's Azure cloud service for its computing needs and use Microsoft 365, which includes Office productivity software, for much...
2019-07-17 17:30

Facebook agrees to pay FTC $5 billion fine for various privacy violations Due to a slew of privacy violations, Facebook finally reached a settlement agreement with the Federal Trade Commission (FTC) that will see the social networking giant pay out a hefty fine of $5 billion. Hardly a surprise, Facebook during its most rec...
2019-07-13 05:00

US FTC Said to Approve $5-Billion Facebook Fine Over Privacy Issues The US Federal Trade Commission approved a roughly $5 billion settlement with Facebook this week over its investigation into the social media company's handling of user data....
2019-07-13 14:00

Texas approves $3 billion in flood control after Harvey AUSTIN, Texas (AP) — Nearly two years after Hurricane Harvey battered Houston and the Texas coast, state lawmakers approved setting aside more than $3 billion to help pay for flood control projects. The bill sent to Republican Gov. Greg Abbott on Wed...
2019-05-23 02:15

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....
2019-06-01 06:45

Gilead deepens Galapagos ties with $5.1 billion deal Gilead Sciences Inc will invest $5.1 billion to raise its stake in Galapagos NV and partner with the Belgian-Dutch biotech firm to develop and commercialize its treatments for a ten-year period, the companies said on Sunday....
2019-07-15 01:15

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

Facebook is staring down a record-setting $5 billion fine The fine, which is massive by any yardstick, still represents less than one month's revenue for the social media titan.       ...
2019-07-15 20:30

Magna opens $1.38 billion paint shop in Slovenia The paint shop, which complements contract vehicle production at a Magna Steyr plant in Graz, Austria, started test runs in March. The new plant currently employs 200 people and is poised to employ an additional 200 workers....
2019-07-16 01:45

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...
2019-05-22 10:30

Senators grill FTC over reported $5 billion Facebook settlement Facebook's reported $5 billion settlement with the FTC isn't even official yet, but that isn't stopping politicians from bristling at it. Senators Richard Blumenthal, Josh Hawley and Ed Markey (pictured) have sent a letter to the FTC ...
2019-07-16 21:30

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....
2019-05-21 14:38

Warren Buffett To Donate Over $3 Billion Of His Fortune To 5 Charities Warren Buffett said Monday he plans to donate $3.6 billion of Berkshire Hathaway stock to five charities - one of his largest gifts ever - while Walmart heir Jim Walton gave away $1.2 billion of the......
2019-07-01 22:15

US Demands El Chapo Forfeit $12.7 Billion In Drug Money Prosecutors on Friday said they were seeking $12.7 billion from convicted Mexican drug kingpin Joaquin "El Chapo" Guzman, based on a conservative estimate of revenues from his cartel's drug sales in......
2019-07-06 05:15

IMF Approves USD 6 billion Loan For Pakistan With Tough Conditions The IMF has approved a three-year USD 6 billion loan for cash-strapped Pakistan with tough conditions to address its balance of payment crisis and help the country's ailing economy return to......
2019-07-04 17:15

This Fourth of July, Americans will shell out $1 billion on beer If spending is any guide, this country's patriotic spirit is alive and well, with Americans coughing up nearly $7 billion on food for the grill this July 4....
2019-07-02 15:45

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....
2019-06-03 04:15

$300 billion in China tariffs still loom as a business worry Business groups warn that President Trump's Saturday announcement that the White House would not impose $300 billion in new tariffs on Chinese goods does not mean that those tariffs won't still be imposed....
2019-07-02 06:30

Deutsche Bank to axe investment bankers in up to $5.6 billion revamp Deutsche Bank is preparing to unveil a sweeping, multi-billion euro overhaul within days that would see the axe fall heaviest on investment bankers, sources familiar with the matter said on Wednesday....
2019-07-04 02:15

Deutsche Bank restructuring to cost up to $5.6 billion: source Deutsche Bank expects the cost of a major overhaul in the works to be up to 5 billion euros ($3.4-$5.6 billion), one person familiar with the matter said on Wednesday....
2019-07-03 14:30

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......
2019-05-30 09:15

China's Centurium Capital raises over $2 billion from GIC, Temasek, others China's Centurium Capital, a big backer of domestic startup Luckin Coffee, said it has raised more than $2 billion in its debut fund, giving the private equity firm more firepower to cut deals......
2019-07-03 11:15

Anheuser-Busch seeks $9.8 billion in 2019’s largest IPO Brewing giant Anheuser-Busch InBev NV is seeking to raise up to $9.8 billion by listing its Asia-Pacific business in Hong Kong, marking what would be the world’s largest initial public offering this year. Budweiser Brewing Company APAC, whose portfol...
2019-07-02 23:15

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 th...
2019-06-03 13:15

MacKenzie Bezos To Be Richer By $38 Billion After Divorce Settlement Even after paying $38 billion in stocks, Jeff Bezos will retain 59.1 million shares of Amazon -- currently worth nearly $112 billion which still makes him the richest man in the world. MacKenzie ......
2019-07-02 12:45

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....
2019-06-03 09:30

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,......
2019-06-01 20:30

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....
2019-06-03 08:45

Lawsuit challenges constitutionality of $16 billion of Illinois bonds The sale of $10 billion of general obligation bonds in 2003 and $6 billion in 2017 by Illinois was unconstitutional because the proceeds were used for loans to the state's pension funds or to finance budget deficits, according to a lawsuit filed on M...
2019-07-01 23:45

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 dro...
2019-05-30 21:45

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,...
2019-06-05 18:45

Mega Millions Jackpot Goes Up To Nearly Half A Billion Dollars (CNN/LEX 18) – If you’re feeling lucky now would be a good time to buy a lottery ticket. The Mega Millions jackpot has grown to nearly half of billion dollars. The winning numbers on Friday night were 7, 8, 26, 65 and 67, plus the gold Me...
2019-06-02 02:45

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 wi...
2019-05-29 18:00

GM's self-driving unit is close to receiving a $2.25 billion boost It took more than a year, but GM's self-driving company is close to receiving a giant cash infusion. Cruise Automation confirmed to Reuters that the Committee on Foreign Investment in the US (CFIUS) had approved SoftBank's $2.25 billion in...
2019-07-07 00:45

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....
2019-05-29 15:15

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....
2019-05-29 22:15

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....
2019-06-05 10:15

Walmart to invest $1.2 billion in China to upgrade logistics Walmart plans to invest 8 billion yuan ($1.2 billion) in China over the next 10 years to upgrade logistics, the U.S. retail giant said on its social media account Monday....
2019-07-01 15:15

Exclusive: FIS to win EU approval for $35 billion Worldpay deal: sources U.S. financial services provider Fidelity National Information Services Inc (FIS) is set to gain unconditional antitrust approval from the European Union for its $35 billion bid for payments company Worldpay , people familiar with the matter said o...
2019-07-01 22:45

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....
2019-06-02 13:30

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....
2019-05-29 09:30

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....
2019-06-03 11:30

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......
2019-06-19 13:15

U.S. regulators approve $5 billion Facebook settlement over privacy issues (Reuters) — The U.S. Federal Trade Commission approved a roughly $5 billion settlement with Facebook this week over its investigation into the social media company’s handling of user data, a source familiar with the situation said on Friday. Th...
2019-07-13 07:45

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

Merlin to go private in $7.5 billion deal with Lego family and Blackstone Madame Tussauds owner Merlin said on Friday it had agreed to be acquired by the investment vehicle of Lego's founding family and private equity firm Blackstone Group LP in a $7.5 billion deal....
2019-06-28 10:30

US Senate To Vote On Blocking $8.1 Billion Saudi Arms Sales The US Senate will vote Thursday on whether to block $8.1 billion in arms sales to Saudi Arabia and other Arab allies, a lawmaker said, as legislators' outrage with the kingdom grows....
2019-06-20 02:30

FTC votes to approve $5 billion settlement with Facebook in privacy probe The Federal Trade Commission voted to approve a roughly $5 billion settlement with Facebook ending an investigation into its privacy practices, according to a source familiar with the matter but not authorized to speak on the record, a deal that coul...
2019-07-13 13:15

California’s $215 billion budget to expand health care for illegals California’s new budget, signed by Gov. Gavin Newsom on Thursday, expands health care for illegal immigrants and includes a penalty for people who do not purchase health insurance....
2019-06-28 08:00

The FTC's $5 billion fine for Facebook is so meaningless, it will likely leave Zuckerberg wondering what he can't get away with (FB) AP Photo/Andrew Harnik The Federal Trade Commission's reported deal to settle its investigation into Facebook's alleged privacy violations looks like little more than a slap on the wrist. The settlement's reported $5 billion fine, while a large amou...
2019-07-13 16:30

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....
2019-06-19 07:30

U.S wages lost to unpaid family care to hit $147 billion by 2050 As the U.S. population ages, the total annual cost of lost wages for unpaid family caregiving is on track to more than double, to reach $147 billion by 2050, a recent study suggests....
2019-06-29 07:15

"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....
2019-06-19 07:30

CEO Collymore, who built Safaricom into $11 billion telco, dies of cancer Bob Collymore, the chief executive who helped to turn Safaricom Plc into East Africa's most profitable company with an $11 billion valuation, has died after a nearly two-year long battle with cancer....
2019-07-01 15:30

Avolon orders 14 CFM LEAP-1A engines in order worth $2 billion Aircraft leasing and lease management services company Avolon has ordered 140 CFM LEAP-1A engines to power 70 Airbus A320neo planes, in a deal worth $2 billion at list prices....
2019-06-18 13:15

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......
2019-06-18 22:30

Boeing to Take $4.9 Billion Charge Related to Grounded 737 Max as Fallout Continues Ahead of its earnings report next week, Boeing on Thursday said it will report an after-tax charge of $4.9 billion related to its grounded 737 Max jets.Read more......
2019-07-19 06:30

Warren Buffett donates $3.6 billion to Gates' and family charities Warren Buffett is donating roughly $3.6 billion of Berkshire Hathaway Inc stock to five charities, including the Bill & Melinda Gates Foundation, the biggest contribution in Buffett's plan to give away his fortune....
2019-07-01 22:45

Boeing takes $4.9 billion charge for prolonged grounding of 737 MAX planes Boeing Co said on Thursday it would take an after-tax charge of $4.9 billion in the second quarter on estimated disruptions from the prolonged grounding of its lucrative 737 MAX passenger jets after two deadly crashes....
2019-07-19 02:15

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....
2019-06-19 01:45

US proposes $4 billion in potential additional tariffs over EU aircraft subsidies The list, which includes a range of European foods and liquor, adds to products valued at $21 billion that USTR had identified in April as facing possible tariffs....
2019-07-02 01:45

Ofwat calls for £12 billion boost to water network investment Britain's water regulator on Thursday called for the country's utilities to invest the equivalent of 6 million pounds every day for the next five years in plans to reduce pollution and leakages in increasingly stressed UK infrastructure....
2019-07-18 10:45

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.       ...
2019-06-18 16:45

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.        ...
2019-06-19 03:15

Microsoft nets billion-dollar AT&T Azure cloud contract Microsoft has announced a major new partnership with AT&T that could net the company as much as $2 billion.The deal will see the American telco giant switch to Microsoft's Azure cloud system as the two companies work together on technologies suc...
2019-07-17 20:15

Current Account Deficit Narrows To $4.6 Billion In January-March The Reserve Bank of India said on Friday that the current account deficit was $4.6 billion, against $13.0 billion in the quarter ended March 31, 2018....
2019-06-29 12:00

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....
2019-06-18 16:30

Kamala Harris Proposes $100 Billion Black Homeownership Plan Joining what seems like every black woman in America at Essence Fest, senator and presidential hopeful Kamala Harris unveiled a $100 billion plan to increase black homeownership that, if implemented, could serve as a major step toward closing the ra...
2019-07-07 22:15

$30 Billion Wiped Off India Stocks As Tax Clarity Eludes Market Finance Minister Nirmala Sitharaman in her budget speech Friday proposed to increase the surcharge from 15 per cent to 25 per cent for those with taxable incomes of between Rs 2 crore and Rs 5 crore,......
2019-07-09 21:45

Toyota to invest $2 billion in developing electric vehicles in Indonesia Toyota Motor Corp plans to invest $2 billion to develop electric vehicles (EVs) in Indonesia over the next four years, starting with hybrid vehicles, Indonesia's coordinating ministry for maritime affairs said....
2019-06-27 19:45

Exclusive: U.S. panel clears SoftBank's $2.25 billion investment in GM's Cruise Cruise, a U.S. self-driving vehicle company majority-owned by General Motors Co, told Reuters on Friday that a U.S. national security panel approved a $2.25 billion investment in the firm by Japan's SoftBank Corp....
2019-07-06 05:15

Australia senate backs $110 billion tax cut plan to boost economy Australia's upper house Senate passed on Thursday A$158 billion ($110 billion) worth of tax cuts over the next decade, the centrepiece of the conservative government's plan to boost an economy that is threatening to stall....
2019-07-04 14:45

UPDATE 2-California governor proposes a $21 billion wildfire fund California Governor Gavin Newsom has proposed helping utilities create a fund of up to $21 billion to compensate future victims of wildfires sparked by the companies' equipment or employees, an aide said on Friday....
2019-06-22 05:45

It won't be hard for Facebook to afford a $5 billion settlement with the FTC, but there may be other costs beyond money (FB) Getty Facebook is facing a record penalty of about $5 billion from the Federal Trade Commission — but for the tech giant, that's only about as much as the revenue it generates in a month. What could be more damaging to Facebook than the moneta...
2019-07-13 16:30

Lego family, Blackstone take Merlin private in $7.5 billion deal Lego's founding family and private equity firm Blackstone are taking Britain's Merlin private again in an agreed deal valuing the Madame Tussauds and Legoland owner at $7.5 billion....
2019-06-28 22:15

Team Modi Seeks Bids For 6 New Submarines. $6.6 Billion At Stake Prime Minister Narendra Modi's administration has asked global warship makers to submit proposals to build six conventional submarines in India to boost local shipyard capability and plug gaps in the......
2019-07-11 12:30

Stranger Things Is Netflix's Hunt for a Billion-Dollar Franchise For all of Netflix's success, it has struggled to dispel industry criticism that it churns through projects, never giving a show more than a few weeks in the spotlight....
2019-07-09 13:30

White House Unveils $50 Billion Economic Plan for Palestine WASHINGTON — The White House on Saturday unveiled a $50 billion Palestinian investment and infrastructure proposal aimed at supporting its much-anticipated but still unreleased “deal of the century” Middle East peace plan. The schem...
2019-06-22 20:15

Inside Trump's $50 billion economic plan for Mideast peace The Trump administration's Middle East economic plan calls for creation of a global investment fund to lift Palestinian and neighboring Arab state economies, and construction of a $5 billion transportation corridor to connect the West Bank and G...
2019-06-23 07:30

Santander to pay 1 billion euros to end insurance accord with Allianz Group Spain's largest lender Banco Santander said on Monday it will pay almost 1 billion euros ($1.1 billion) to end an agreement between Allianz and Banco Popular over the distribution of insurance products....
2019-06-24 09:30

U.S. State Department approves possible $2.2 billion arms sale to Taiwan The U.S. State Department has approved the possible sale to Taiwan of M1A2T Abrams tanks, Stinger missiles and related equipment at an estimated value of $2.2 billion, the Pentagon said on Monday....
2019-07-09 00:15

China's Solar Industry Could Get a Nearly $7 Billion Boost From Cleaning Up Air Pollution Reducing air pollution is objectively good. In addition to providing huge public health benefits, new findings show it would also give China solar generating industry a big boost in productivity.Read more......
2019-07-09 01:15

Nexon founder scraps what could have been $16 billion gaming deal: sources Nexon Co founder Jungju Kim has abandoned plans to sell a controlling stake in its parent NXC, two sources with direct knowledge of the matter said, scuppering a potentially $16 billion deal that would have been the gaming sector's biggest....
2019-07-09 07:45

Exclusive: U.S. clears SoftBank's $2.25 billion investment in GM-backed Cruise Cruise, a U.S. self-driving vehicle company majority-owned by General Motors Co, told Reuters on Friday that a U.S. national security panel approved a $2.25 billion investment in the firm by Japan's SoftBank Corp....
2019-07-06 10:30

The State Department Is Proposing a $2 Billion Sale of Arms to Taiwan (WASHINGTON) — The State Department is proposing the sale of $2.2 billion in arms to Taiwan, including 108 Abrams tanks and 250 Stinger surface-to-air missiles, sidestepping protests from China. The tanks represent a significant upgrade to Taiw...
2019-07-09 09:45

The Inside Story of Kim Kardashian West's Billion-Dollar Shapewear Bet Kim Kardashian West has long dreamed of her own body-positive, shade-inclusive line of shapewear and underwear. But now the outcry over the erstwhile Kimono’s name could derail many months of planning. How she and a team of blue-chip investors are tr...
2019-07-09 10:45

California governor proposes $21 billion wildfire fund: media California Governor Gavin Newsom has proposed a fund of up to $21 billion to help utilities pay for future wildfire damage, media reports said on Friday....
2019-06-22 00:45

Senate Approves $4.6 Billion Bill for Border With Fewer Restrictions The Republican-controlled Senate rejected a House border bill that reined in Trump immigration policies, then passed its own version with few strings attached....
2019-06-27 20:15

Protecting U.S. coastal communities from sea level rise will cost $400 billion To protect themselves from the inevitable threat of rising sea levels, coastal communities in the United States will have to shell out more than $400 billion, according to a new report....
2019-06-21 22:15

Slack stock surges at debut, values company at more than $25 billion Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 60% in their public trading debut on Thursday, valuing the company at more than $25 billion....
2019-06-20 20:00

Amazon Prime Day to test one-day delivery as value of sales could soar to as much as $6 billion Amazon Prime Day, which begins in just three days, will test the company's promise to provide one-day shipping for more than 10 million products on what may be a record-setting event....
2019-07-12 18:15

Mackenzie Bezos Will Be Richer By $38 Billion Post Divorce Settlement MacKenzie Bezos, wife of world's richest man Jeff Bezos for 25 years, is set to walk away with a whopping $38 billion this week -- roughly $1.52 billion a year since she got married to the Amazon......
2019-07-02 16:45

Slack stock surges at debut, values company at more than $23 billion Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 50% in their public trading debut on Thursday, valuing the company at more than $23 billion....
2019-06-21 00:45

Slack to take unusual route to public markets, likely valuing it around $16 billion Slack Technologies, the fast-growing workplace messaging and communication platform, is poised for an unusual public listing on Thursday that will see it trade on the New York Stock Exchange and could value it at around $16 billion, according to a pe...
2019-06-20 17:15

California governor signs bill for $21 billion wildfire fund California Governor Gavin Newsom on Friday signed a bill approved by lawmakers a day earlier that creates a $21 billion fund to help bankrupt PG&E Corp and the state's other investor-owned utilities cover liabilities arising from future wildfires cau...
2019-07-13 03:15

Mnuchin defends Kushner's $50 billion plan for the Middle East Treasury Secretary Steven Mnuchin defended accusations that a U.S.-drafted economic solution to bring about Israeli-Palestinian peace has little chance of success....
2019-06-28 07:00

Bitcoin Criminals Set to Spend $1 Billion on Dark Web This Year: Report Bitcoin's use in illegal online marketplaces peddling everything from drugs to child porn is on pace to set a record this year at more than $1 billion....
2019-07-02 15:15

Slack surges 50% in unusual listing, grabs $23 billion valuation Shares of Slack Technologies Inc surged 50 percent in their debut through a direct listing on Thursday, giving the workplace messaging app owner a valuation of about $23 billion....
2019-06-20 20:00

U.S. equity funds add $1.7 billion ahead of Fed chair testimony: BAML Investors pumped money into bonds and equities in the week to Wednesday with U.S. stock funds adding $1.7 billion, Bank of America Merrill Lynch said on Friday, as markets tried to weigh hopes for......
2019-07-12 14:45

Waymo's self-driving system has driven 10 billion virtual miles The 10 million miles Waymo's self-driving vehicles have driven in the real world is a feat in and of itself, but that figure is just a tiny fraction of what it has driven in simulation. At TechCrunch Sessions: Mobility, the Alphabet-owned compan...
2019-07-11 17:45

U.S. Proposes New Tariffs on $4 Billion of E.U. Goods as Trade Dispute Grows The United States moved to impose levies on more products than previously planned in an escalation of its fight with Europe over government aid for Boeing and Airbus....
2019-07-02 22:00

CVC, Ares target loans with new billion dollar distressed funds NEW YORK, July 2 (LPC) - Global asset managers CVC Capital Partners and Ares Management each raised more than a billion dollars in June for respective distressed investment funds, an indication that portfolio managers are readying capital to pick up ...
2019-07-02 21:30

Fireworks sales to top $1.3 billion for this year's Fourth of July The fireworks business receives most of its revenue in the leadup to the 4th of July holiday. That revenue has surged recently.       ...
2019-07-02 17:00

Old Man Wayne Rooney Scores A Goal From A Million Billion Miles Away Wayne Rooney has done some cool stuff with D.C. United, in Major League Soccer. He did a lovely free kick goal. He virtually single-handedly dragged the United to the MLS playoffs. An insane two-way highlight from last August was rightly hailed as m...
2019-06-27 22:15

Clean energy projects worth $1.5 billion seek Finnish aid Fifteen companies have applied for Finnish investment aid to partly fund new large-scale demonstration energy projects worth $1.5 billion, six of them replacing coal and other fossil fuels, the government said on Thursday....
2019-06-20 22:15

California lawmakers approve legislation for $21 billion wildfire fund California lawmakers approved legislation on Thursday to create a $21 billion fund to help utilities in the state pay for claims arising from future wildfires sparked by their equipment, tackling a top issue for the state....
2019-07-11 23:00

Slack Stock Soars, Putting Company’s Public Value at $23.1 Billion The workplace messaging company’s shares rose in early trading on the stock market on Thursday, and by the afternoon its value was more than triple its valuation as a private firm....
2019-06-20 20:15

FTC 'Failed Miserably' in Punishing Facebook With $5 Billion Fine, Democrats Say The Federal Trade Commission, which has been investigating Facebook in the wake of its massive Cambridge Analytica scandal, has voted to approve levying a massive $5 billion fine against the social media giant, according to reporting in both the Wall...
2019-07-13 05:15

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....
2019-06-14 09:15

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....
2019-05-24 01:00

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 ...
2019-05-31 03:30

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....
2019-06-10 10:30

Uber Posts $1 Billion Loss in Its First Quarter as a Public Company Uber reported a $1 billion loss as the ride-hailing service spends heavily to build up its food delivery and freight businesses, sending revenues up 20% in its first quarterly report as a public......
2019-05-31 11:45

India-China Trade Set To Cross $100 Billion This Year, Says Official India has further liberalised e-visa rules for Chinese businessmen as the bilateral trade is set to cross $100 billion this year, a senior Indian diplomat said in Beijing today....
2019-05-31 16:30

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....
2019-06-01 03:30

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....
2019-06-10 00:45

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; Ed...
2019-06-01 05:15

Raytheon, United Technologies merge into $74 billion aerospace giant Raytheon Co and United Technologies Corp on Sunday agreed to combine their aerospace businesses in an all-stock deal, creating a $74 billion industry leader....
2019-06-10 00:45

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....
2019-05-31 01:30

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.        ...
2019-05-24 05:45

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....
2019-05-22 21:30

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...
2019-05-30 11:15

Volkswagen aims to raise 1.9 billion euros from truck unit IPO Volkswagen said on Friday that it aims to raise up to 1.9 billion euros ($2.1 billion) by floating a stake of at least 10% in its Traton trucks unit later this month, its second attempt to bring the business to market....
2019-06-14 09:15

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....
2019-06-13 12:15

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)....
2019-06-13 09:45

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

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%....
2019-06-12 17:30

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....
2019-05-22 10:45

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...
2019-05-24 16:30

'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....
2019-05-22 18:30

Discovery of 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 ...
2019-05-24 01:00

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....
2019-06-08 21:30

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......
2019-06-04 05:45

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....
2019-06-06 20:30

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 i...
2019-05-24 00:15

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 p...
2019-06-06 12:15

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....
2019-06-04 06:15

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...
2019-06-04 06:30

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 ...
2019-06-04 15:00

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....
2019-06-05 12:30

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....
2019-06-05 09:30

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....
2019-05-23 19:45

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....
2019-05-23 18:15

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....
2019-06-03 22:00

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)...
2019-06-08 09:00

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 match...
2019-06-01 22:30

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....
2019-06-03 04:15

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....
2019-05-23 11:15

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....
2019-06-03 08:45

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....
2019-06-07 17:30

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....
2019-06-03 13:15