METAL-NEWS-AUSTRIA.COM: Breaking News - Latest of The Hour 09:00, 06/12/2019

Dassault Systemes to buy Medidata Solutions in $5.8 billion deal

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

Dassault Systemes to buy Medidata Solutions in $5.8 billion deal

Source: reuters.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....
07:51, 06/12/2019

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....
08:34, 06/12/2019

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....
01:34, 06/12/2019

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, ...
21:17, 06/10/2019

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....
19:00, 06/19/2019

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....
13:17, 06/03/2019

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...
15:17, 06/10/2019

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...
12:51, 06/03/2019

Infineon to buy Cypress Semiconductors in 9 billion euro deal Infineon has agreed to buy Cypress Semiconductors in a deal valuing the U.S. maker of microchips used in cars and electronic devices at 9 billion euros ($10.1 billion), including debt, the German company said on Monday....
09:00, 06/03/2019

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....
21:17, 05/23/2019

AbbVie Strikes Deal to Acquire Allergan for About $63 Billion AbbVie agreed to buy the maker of Botox for about $63 billion, betting a combination will deliver new sources of growth they have struggled to find on their own....
17:34, 06/25/2019

Blackstone Strikes $18.7 Billion Deal for U.S. Warehouse Network Blackstone Group is buying a network of U.S. industrial warehouses from Singapore-based GLP for $18.7 billion, in the largest private real-estate transaction ever and a big bet on the continued explosion of e-commerce....
10:17, 06/03/2019

Infineon to buy Cypress Semiconductors in 9 billion euros deal Infineon has agreed to buy Cypress Semiconductors in a deal valuing the U.S. chipmaker at 9 billion euros ($10.06 billion), including debt, the German company said on Monday....
08:00, 06/03/2019

Eldorado Resorts to Buy Caesars in $8.58 Billion Casino Deal Eldorado Resorts agreed to acquire Caesars Entertainment in a cash-and-stock transaction valued at $8.58 billion, in a move that would create one of the largest gambling companies in the U.S....
23:17, 06/24/2019

AbbVie to buy Botox maker Allergan in $63 billion deal Drugmaker AbbVie said Tuesday it would buy Botox maker Allergan for about $63 billion, grabbing control of by far the biggest name in medical aesthetics to help reduce its reliance on blockbuster arthritis treatment Humira. Allergan chief executive o...
17:00, 06/25/2019

Eldorado Resorts to buy Caesars Entertainment in $8.5 billion deal Eldorado Resorts has agreed to buy Caesars Entertainment for about $8.5 billion in cash and stock, as it looks to build scale to take on competition from larger companies such as Las Vegas Sands and Wynn Resorts. The deal comes more than three months...
15:17, 06/24/2019

Billionaire Patrick Drahi agrees to buy Sotheby's in $3.7 billion deal Patrick Drahi, the billionaire behind telecoms and media group Altice, has agreed to buy art auction house Sotheby's in a deal worth $3.7 billion on an enterprise value basis....
15:51, 06/17/2019

U.S. lawmakers reach $19.1 billion disaster relief deal, no border aid 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, and which includes money for farmers, highways and hurricane-ravaged Puerto Rico, lawmakers from ...
22:34, 05/23/2019

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....
16:17, 06/03/2019

Sotheby’s to go private in deal valuing action house at $2.66 billion Patrick Drahi, the billionaire behind telecoms and media group Altice, has agreed to buy art auction house Sotheby’s in a deal valuing it at $2.66 billion. Sotheby’s said it had signed a definitive agreement to be acquired by BidFair USA,...
17:51, 06/17/2019

Billionaire Patrick Drahi snaps up Sotheby's in $3.7 billion deal Patrick Drahi, the billionaire behind telecoms and media group Altice, agreed on Monday to buy Sotheby's in a deal worth $3.7 billion, marking the storied art auction house's return to private ownership after 31 years....
18:34, 06/17/2019

Infineon acquires Cypress Semiconductor in deal valued at $10 billion Infineon has agreed to buy Cypress Semiconductor in a deal that values the chipmaker at $10 billion and continues a trend of consolidation in the industry.Read More...
17:51, 06/03/2019

Nestle in talks with EQT, ADIA for $10 billion skin health deal Nestle SA has entered exclusive negotiations to sell its skin health business to a consortium led by private equity firm EQT Partners and ADIA in a deal worth 10.2 billion Swiss francs ($10.12 billion), it said on Thursday....
08:17, 05/16/2019

Pfizer bolsters cancer portfolio with $10.64 billion deal for Array Pfizer Inc said on Monday it would acquire Array Biopharma Inc for $10.64 billion in cash to beef up its cancer portfolio as it faces rising generic competition for its blockbuster drugs....
15:17, 06/17/2019

Art Collector Patrick Drahi to Take Sotheby's Private in $2.7 Billion Deal French billionaire Patrick Drahi is buying Sotheby’s for $2.7 billion, ending the storied auction house’s 31-year run as a public company as it seeks to expand its digital business....
00:51, 06/18/2019

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...
11:34, 06/19/2019

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....
08:00, 06/03/2019

Global Payments, Total System to Combine in $21.5 Billion Deal Global Payments and Total System Services agreed to combine in an all-stock transaction valued at roughly $21.5 billion, the latest in a string of deals involving large financial technology firms....
16:34, 05/28/2019

Disney, Sinclair have $10.6 billion deal for 21 regional sports networks Sinclair Broadcast Group will get 21 regional sports networks in markets such as Detroit, LA and Miami from Disney in a deal valued at $10.6 billion.        ...
00:00, 05/04/2019

Oil Giant Total Fuels Push in Gas With $8.8 Billion Africa Deal Total SA’s deal to buy Anadarko Petroleum Corp. assets in Africa pushes its business deeper into dangerous regions while cementing its position as the world’s No. 2 supplier of liquefied natural gas....
02:34, 05/12/2019

Explainer: Why is Huawei seeking $1 billion patent deal with Verizon? Huawei is demanding Verizon Communications Inc pay $1 billion to license the rights to patented technology, signaling a potential shift in the embattled Chinese company's strategy for the U.S. market....
13:51, 06/14/2019

Senate votes to block Trump’s $8 billion Saudi arms deal ​The Senate voted on Thursday to block the Trump administration’s $8 billion arms deal with Saudi Arabia,​ but the numbers were not enough to overturn a veto by President Trump. The Republican-led Senate filed 22 resolutions — one for each of t...
23:17, 06/20/2019

Investors pull more than $20 billion from stocks on 'trade deal trauma': BAML Global equities have seen outflows of $20.5 billion in the past week as "trade deal trauma" pushed more money into bonds, Bank of America Merrill Lynch said on Friday, the latest sign of how growing......
22:17, 05/10/2019

Onex to buy Canada's WestJet for $2.6 billion in largest PE-backed aviation deal Canada's second-biggest carrier, WestJet Airlines Ltd, on Monday accepted a C$3.5 billion ($2.6 billion) cash buyout offer from private equity group Onex Corp, sending the carrier's shares surging 63% in Toronto trading....
18:51, 05/13/2019

Pfizer makes $10.6 billion cancer bet in cash deal for Array Biopharma Pfizer Inc on Monday said it would buy Array Biopharma Inc for $10.64 billion in cash, a deal it hopes will help make it a leader in colon cancer and build up its pipeline of oncology drugs....
20:00, 06/17/2019

Berkshire Hathaway to invest $10 billion in Occidental to finance Anadarko deal Berkshire Hathaway has committed a $10 billion investment in Occidental Petroleum contingent on the company completing its proposed takeover of Anadarko Petroleum. CNBC's Jim Cramer joins "Squawk Box" to discuss....
17:17, 04/30/2019

Hewlett Packard Enterprise to buy supercomputer maker Cray in $1.30 billion deal Supercomputer manufacturer Cray Inc said on Friday it would be bought by Hewlett Packard Enterprise Co in a deal valued at about $1.30 billion, net of cash....
15:51, 05/17/2019

Making Data Coherent Drives Salesforce’s $15.3 Billion Deal for Tableau Salesforce’s deal to buy the business tools maker Tableau, its largest ever acquisition, was pushed by the need to make business information understandable....
23:34, 06/10/2019

Volvo signs multi-billion dollar EV battery supply deal An electric XC40 will launch later this year Deal promises battery supply for next decade as Swedish firm forges ahead with electrification strategy Volvo has bolstered its electrified model roll-out by signing long-term deals with battery makers ...
11:17, 05/15/2019

Global Payments nearing $20 billion deal to buy Total System: CNBC Payment technology company Global Payments Inc is nearing a deal to acquire peer Total System Services Inc for about $20 billion in an all-stock deal, CNBC reported on Friday, citing people familiar with the matter....
19:51, 05/24/2019

Engie tells Brazil court it raised $3 billion for suspended deal Engie Brasil Energia informed Brazil's Supreme Court that it had already raised $3 billion abroad to buy Petrobras' TAG pipeline unit when the top court suspended the $8.6 billion acquisition last week, according to a document seen by Reuters on Wedn...
02:00, 05/30/2019

Global Payments nearing $20 billion deal to buy Total System: source Payment technology company Global Payments Inc is nearing a deal to acquire peer Total System Services Inc (TSYS) for about $20 billion in an all-stock deal, a source familiar with the matter said on Friday....
00:51, 05/25/2019

Sotheby's Sold To French Billionaire Patrick Drahi In $3.7 Billion Deal French telecoms and media mogul Patrick Drahi is acquiring Sotheby's auction house, one of the world's biggest art brokers, in a $3.7 billion deal, the British-founded company announced Monday....
11:00, 06/18/2019

Australia TPG's fate tied to courts after watchdog scuppers $10 billion phone deal Australian internet firm TPG Telecom Ltd's best bet to recover from the serious blow dealt by regulators who blocked its $10 billion merger bid with a rival lies with the courts, with analysts doubting any alternative plans can succeed....
11:51, 05/09/2019

Disney is selling 21 regional sports networks to Sinclair in a $10.6 billion deal (DIS, SBGI) Lindsey Wasson/Getty Images Sports Disney is selling 21 of the 22 regional sports networks it acquired from 21st Century Fox. Sinclair agreed to buy the networks in a deal valued at $10.6 billion, the companies said on Friday. Disney had to divest ...
02:51, 05/04/2019

'Trade deal trauma' sees investors pull $20 billion from stocks in a week Investors pulled more than $20.5 billion from global equities in the past week, showing the impact of trade tensions between the U.S. and China on confidence in financial markets....
14:17, 05/10/2019

Dish reportedly in talks to buy Boost; $6 billion deal could allow T-Mobile to merge with Sprint This week could be a very pivotal one for the $26.5 billion T-Mobile-Sprint merger. With FCC approval in the bag, the Department of Justice will reportedly sign off on the transaction this week. The DOJ has been against the deal since the beginning, ...
01:34, 06/19/2019

Dish Network nearing $6 billion deal for T-Mobile-Sprint assets: Bloomberg Satellite TV provider Dish Network Corp is in talks to buy the wireless assets of T-Mobile US Inc and Sprint Corp for at least $6 billion, Bloomberg reported on Tuesday, citing people familiar with the matter....
23:34, 06/18/2019

T-Mobile and Sprint May Offload $6 Billion in Assets to Dish As Part of Merger Deal With DOJ Dish Network Corp. is “in talks” to buy up assets that T-Mobile and Sprint are planning to sell off in order to have their terrible merger approved by antitrust authorities, Bloomberg reported on Tuesday.Read more......
06:51, 06/19/2019

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...
22:00, 06/10/2019

Eldorado Resorts clinches $18 billion cash and stock deal for Caesars: sources U.S. casino operator Eldorado Resorts Inc has agreed to merge with Caesars Entertainment Corp in a cash and stock deal that values its peer at about $18 billion including debt, people familiar with the matter said on Sunday....
03:34, 06/24/2019

China's CATL signs multi-billion-dollar battery supply deal with Volvo China's top battery maker, Contemporary Amperex Technology Co Ltd (CATL), said it had signed a multi-billion dollar battery supply deal with Volvo Car Group....
10:51, 05/15/2019

Puerto Rico's oversight board strikes $35 billion restructuring deal with commonwealth's bondholders The agreement, which is on the framework for the plan of adjustment, provide for more than a 60% average haircut for all $35 billion, a 36% haircut on pre-2012 general obligation or "GO" bonds, and a 27% haircut on public authority bonds that carry a...
02:17, 06/17/2019

Carl Icahn Sues Occidental, Calling $38 Billion Anadarko Deal 'Fundamentally Misguided' Activist investor Carl Icahn sued Occidental Petroleum, calling its $38 billion deal to buy Anadarko Petroleum “fundamentally misguided” and saying a sale of Occidental might be better for shareholders....
05:34, 05/31/2019

Iraq close to signing $53 billion deal with Exxon, PetroChina; denies Iran link Iraq is close to signing a $53 billion, 30-year energy agreement with Exxon Mobil and PetroChina, Prime Minister Adel Abdul Mahdi said on Tuesday, denying any link between the mega-project and U.S. permission for Iraq to do business with Iran....
17:34, 05/07/2019

Exclusive: Exxon's $53 billion Iraq deal hit by contract snags, Iran tensions - sources Just weeks ago, U.S. energy giant ExxonMobil looked poised to move ahead with a $53 billion project to boost Iraq's oil output at its southern fields, a milestone in the company's ambitions to expand in the country....
11:34, 06/21/2019

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

Google's $2.6 billion Looker deal gets it into Santa Cruz, a beach town with lots of tech talent Looker gives Google easier access to tech talent on a remote edge of Silicon Valley, and one of the few San Francisco Bay Area locations where it has little real estate: Santa Cruz....
01:34, 06/11/2019

Best MDM solutions in 2019 The use of mobile devices within a corporation has become an ordinary part of modern business, but having so many devices operating both within and outside the company offices can be a real headache to manage.This is especially because of the securit...
23:34, 06/15/2019

Today's most innovative enterprise solutions Max Wessel spoke with TechRepublic at the 2019 SAP SAPPHIRE NOW conference about the most beneficial enterprise solutions organizations should be using....
21:17, 05/08/2019

Not enough resettlement solutions for refugees worldwide, says UN Despite record numbers of people forcibly displaced across borders, with 1.2 million in need of a new permanent place to call home last year, the UN refugee agency (UNHCR) released new data on Tuesday showing that only 55,700 of them – 4.7 per cent –...
20:17, 04/28/2019

U.S. eases restrictions on Huawei for uses to find new solutions The U.S. Department of Commerce has granted temporary trade exemptions concerning Chinese telecom company Huawei, allowing companies that use its services to find other solutions....
17:34, 05/21/2019

11 Genius Storage Solutions to Organize Your Home We love these products, and we hope you do too. E! has affiliate relationships, so we may get a small share of the revenue from your purchases. Items are sold by the retailer, not E!. You......
12:51, 06/23/2019

How to fix capitalism: eight expert solutions for America's broken system Discontent with America’s economic system is widespread, so could tax credits, transport subsidies or better childcare help? Or is capitalism not broken at all?Steven Pearlstein Continue reading......
13:51, 05/08/2019

Volkswagen sounds out buyers for MAN Energy Solutions -sources Volkswagen has approached several companies to gauge their appetite for buying MAN Energy Solutions, which makes large diesel engines for ships and power generators, people close to the matter said....
21:17, 05/06/2019

The Most Elegant Solutions For Hiding Your Pet's Stuff In Plain View When I think about how I will go out of my way to buy a litter box or food bowl for my cat that isn’t just totally bare bones, I remember a joke my dad told me when I was a kid:...
10:17, 05/14/2019

Lenovo adds new solutions and devices to its ThinkIoT ecosystem As part of its efforts to help make businesses smarter, Lenovo announced at its Accelerate business and partner event that it is bringing new solutions and devices to its ThinkIoT ecosystem.The company's new warehouse automation solution will he...
22:34, 05/13/2019

| Vatican seeks 'effective solutions' for Frenchman in vegetative state The Vatican has called for "effective solutions" to protect the life of a Frenchman living for years in a vegetative state, hours after a court told doctors to resume his life support....
12:00, 05/22/2019

BS6 Car Components And Powertrain Solutions To Be Delivered From September 2019: Continental Continental is targeting to be ready with its technology a little ahead of the deadline and supply it to OEMs in a bid to give them more time for installation and tuning which ultimately will ensure......
12:00, 06/13/2019

The Latest: Merkel urges ‘peaceful solutions’ in Gulf crisis DUBAI, United Arab Emirates (AP) — The Latest on Mideast developments amid rising tensions in the Persian Gulf region (all times local): 9:40 p.m. German Chancellor Angela Merkel has underlined a joint commitment to finding peaceful solutions to the ...
21:17, 06/12/2019

Alberta institute wants to share Indigenous solutions to handling wildfires A study based at an institute in Canmore will look to limit and cope with wildfire by studying how First Nations managed fire, modernizing traditional stories from Indigenous elders....
03:51, 05/22/2019

West Indies Must Find World Cup Solutions, Not Excuses, Says Coach West Indies started their campaign in England in impressive style, beating Pakistan by seven wickets but have since lost to Australia, England and Bangladesh....
23:51, 06/18/2019

UPDATE 2-Volkswagen sounds out buyers for MAN Energy Solutions -sources Volkswagen has approached several companies to gauge their appetite for buying MAN Energy Solutions, which makes large diesel engines for ships and power generators, people close to the matter said....
17:17, 05/06/2019

New data storage and protection solutions unveiled at Dell Technologies World Specifically, the company has announced Dell EMC Unity XT, Dell EMC Isilon OneFS 8.2, Dell EMC cloud storage services, Dell EMC PowerProtect, Dell EMC Integrated Data Protection Appliance, and Dell Technologies Services for the data centre....
19:34, 04/30/2019

These firms promise high-tech ransomware solutions—but typically just pay hackers Enlarge / Cryptolocker was one of the ransomware pioneers, bringing together file encryption and bitcoin payment. (credit: Christiaan Colen / Flickr) This story was originally published by ProPublica. It appears here under a Creative Commons license...
01:51, 05/17/2019

A UN report is concerned about 1 million species going extinct, but its solutions are dead wrong A new United Nations report tells us that human activity is basically slaughtering the wildlife out there, killing off the species upon which our own existence is reliant. We should stop doing that, and I assume that you're with me, because we'd like...
00:00, 05/07/2019

Daisy Group combines channel businesses into Digital Wholesale Solutions The Daisy Group has completed a major restructure of its channel business, combining three units into a single enlarged division it claims can serve all of partner’s digital infrastructure needs.The new unit, called Digital Wholesale Solutions...
22:51, 05/01/2019

Volkswagen approaches potential buyers of MAN Energy Solutions unit: sources Volkswagen has approached several companies to gauge their appetite for buying MAN Energy Solutions, a unit which makes large diesel engines used in ships and power generators, people close to the matter said....
14:51, 05/06/2019

UPDATE 1-TMX Group profit tops estimate on strength in global solutions business TMX Group, Canada's biggest stock exchange operator, reported a quarterly profit that topped expectations on Thursday, helped by strength at its derivatives trading and global solutions business....
04:34, 05/10/2019

Trump's Mideast envoy slams UN over 'Band-Aid' solutions to Israel-Palestinian conflict The Trump administration's chief negotiator for the Israeli-Palestinian conflict delivered a blunt message to the United Nations Security Council Wednesday, asserting that it is time “to move past Band-Aid solutions" and claiming that the U.N. agency...
05:00, 05/23/2019

Boeing's Tapestry Solutions announces $259M military aircraft software contract Boeing's Tapestry Solutions division announced a 10-year, $259 million contract to provide Weapon Planning Software to the U.S. military and its allies....
21:00, 05/29/2019

Opinion: Stop the Kentucky Derby fighting and work for solutions to fix horse racing Instead of fighting over the Kentucky Derby, maybe the only good that can come of this mess would be looking for solutions to racing's biggest issues.        ...
00:51, 05/09/2019

Exclusive: Philadelphia Energy Solutions seeks to permanently shut oil refinery - sources Philadelphia Energy Solutions (PES) is expected to seek to permanently shut its oil refinery in the city after a massive fire caused substantial damage to the complex, two sources familiar with the plans said on Tuesday....
11:17, 06/26/2019

California governor unveils record $213 billion budget, says $70 billion recession could hit coffers California Gov. Gavin Newsom, in his revised state budget released Thursday, proposed a record-setting $213.5 billion spending plan for the upcoming fiscal year — that's a 2% increase over his January budget....
06:34, 05/10/2019

GM Cruise autonomous vehicle unit valued at $19 billion with latest $1.15 billion funding round The $19 billion valuation comprises over one-third of GM's market value of roughly $54 billion. GM stock is up 25 percent this year, and company shares were up over 1% in morning trading Tuesday....
16:51, 05/07/2019

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.       ...
22:17, 06/14/2019

Protests, violence in Haiti prompts international call for ‘realistic and lasting solutions’ to crisis Opposition-led protests in Haiti calling for the president to step down, which sparked violence last week, have prompted a group of senior diplomats, included the top UN official there, to issue a statement deploring the loss of life and calling for ...
18:34, 04/28/2019

‘Bicycle Kingdom’ makes a comeback, as China seeks solutions to tackle air pollution crisis Cars have replaced bicycles as the primary means of transport in many Chinese cities but, with air pollution a major problem for the country, the bike is making a comeback, thanks to digital technology, and some 21st Century thinking....
02:17, 06/04/2019

Make this the year of ‘transformative solutions’ to avert disastrous climate change: UN Deputy Chief It is within our power to make 2019 the “year of transformative solutions” and “avoid the disastrous effects of climate change“, which threaten ecosystems, the global economy, health and security, the UN Deputy Secretary-General told delegates gather...
19:17, 04/28/2019

Renault Starts Paris-Saclay Autonomous Lab Project To Develop Future Mobility Solutions Renault has initiated a new project, the Paris-Saclay Autonomous Lab to test different smart, autonomous, electric and shared public and private mobility services to support the transportation system......
18:51, 05/17/2019

Qatar says economic conditions for Israeli-Palestinian peace require 'fair political solutions' Qatar said on Friday that economic development needed for Israeli-Palestinian peace could not be achieved without "fair political solutions" acceptable to Palestinians, referring to a U.S. plan set to be unveiled next month....
00:34, 05/25/2019

UN ‘financial crisis,’ years in the making, Guterres tells budget body, proposes solutions The UN’s financial crisis has been years in the making and is undermining the organization’s mandates and reform efforts, Secretary-General António Guterres told the Fifth Committee  ¬̶  the body responsible for the United Nations budget  ¬̶  on Tues...
19:51, 06/05/2019

‘The green economy is the future,’ UN chief says in Beijing, urging climate solutions that strengthen economies, protect the environment Winning the race against climate change to keep our planet livable and on a healthy trajectory requires action rooted in sustainable solutions aligned with the Paris Agreement and the UN-driven 2030 Agenda for sustainable development, Secretary-Gener...
18:17, 04/28/2019

Tesla Seeks to Raise as Much as $2.7 Billion, Up From $2.3 Billion Tesla increased the amount it could raise through a stock and bond sale by $400 million and Chief Executive Elon Musk now plans to buy $25 million of the stock....
15:17, 05/03/2019

GM’s Cruise raises $1.15 billion at $19 billion valuation GM's self-driving Cruise division has raised $1.15 billion at $19 billion valuation ahead of the rollout of its first commercial taxi service.Read More...
18:34, 05/07/2019

Wednesday’s Daily Brief: Sudan, Libya, Yemen updates, solutions for e-waste, flood response in Iran, online security for children At the top of the news agenda on Wednesday: updates on violence in Sudan’s Darfur and in Libya, how e-waste can become an employment opportunity, help for the 2 million affected by floods in Iran, and efforts to make the internet safer for children....
18:17, 04/28/2019

Lab-grown meat, GMOs, high-tech ag: 'Fate of Food' explores solutions to global food crisis Amanda Little explores how we'll feed the world when there too many mouths to feed amid intensifying climate change.        ...
23:34, 06/06/2019

PMQs: May faces Corbyn as Fox says it's no-deal or no Brexit if MPs vote down deal again – live news Rolling coverage of the day’s political developments as they happen, including Theresa May and Jeremy Corbyn at PMQsMPs vow to vote down May’s withdrawal agreement next monthLiam Fox’s Q&A 1.49pm BST Here is more on Labour refusing to rule out abstai...
15:00, 05/15/2019

Deal: Apple Watch Series 4 LTE killer deal drops price to all-time low Prices for the newest Apple smartwatch start at $400, but the cheapest model doesn't come with cellular support. However, for $100 extra, anyone can buy an Apple Watch Series 4 (GPS + cellular) and pair it with any of the major carriers in the US, in...
02:34, 06/21/2019

The Green New Deal doesn't just help climate. It's also a public health new deal | Abdul El-Sayed As a doctor, I realize the forces that cause climate change are the same forces that poisoned the lungs of babies in DetroitI used to be a reluctant environmentalist. Of course, as a scientist, I’ve always believed in the science of climate change – ...
14:09, 05/01/2019

Deal or no deal, opinions are divided on Brexit at Dover ahead of the EU elections "It would be hell if there was a no deal," predicts Simon Bailey as he heads onto Dover's seafront. In the distance, the busiest ferry port in Europe is in full throttle, with some 10,000 lorries a day flowing through....
14:34, 05/20/2019

Boris Johnson launches leadership bid: We leave EU on October 31 deal or no deal Boris Johnson, the frontrunner to be Britain's next prime minister, promised on Monday to lead the country out of the European Union on Oct. 31 with or without an exit deal, launching his leadership bid in a campaign video....
12:17, 06/03/2019

Boris Johnson: UK will leave EU in October, deal or no deal Tory leadership frontrunner sets out hardline Brexit stance after Theresa May’s resignationToday’s political developments - liveTory leadership favouritesBoris Johnson has thrown down the gauntlet to his Conservative leadership rivals by insisting th...
20:17, 05/24/2019

Britain's Malthouse says: We want a Brexit deal but should prepare for no deal British Housing Minister Kit Malthouse, who has put himself forward as a candidate to replace Prime Minister Theresa May, said he wanted a Brexit deal but that preparations should begin in earnest for a no-deal exit....
11:17, 05/28/2019

Deal: Apple iPad mini 5 deal gets you $70 off a new model The iPad mini series is great for mobility, it's smaller than a regular tablet and slightly larger than the biggest smartphone. The iPad mini tablets were so loved by Apple fans that the Cupertino-based company had to bring back the lineup by popular...
22:34, 06/18/2019

Deal or no deal, we leave EU on Oct. 31: UK PM candidate Johnson Boris Johnson, frontrunner to be Britain's next prime minister, promised on Monday to lead the country out of the European Union on Oct. 31 with or without an exit deal, launching his leadership bid in a campaign video....
13:51, 06/03/2019

Deal or no deal: what next for Brexit, the Tories and the country? Things will have to move fast if the new PM is to take the UK out of the EU before 31 OctoberToday’s developments - liveNow that Theresa May has announced her resignation date, what happens next?Initially nothing. She will remain in post to bear the ...
20:17, 05/24/2019

The UK after May: no-deal, new deal, socialism - or no Brexit? The end of Theresa May's premiership will usher in an even more turbulent phase of Britain's exit from the European Union as any new leader is likely to seek to strike a tougher divorce deal, and there could be an election within months....
19:34, 05/23/2019

This Pokémon Let's Go Bundle Deal Is the Very Best, Like No Deal Ever Was If you’re super hyped about last night’s Pokémon news and it’s given you a reason to want to buy Pokemon: Let’s Go, Pikachu!, Walmart has a great deal on the bundle. Right now, Pokemon: Let’s Go, Pikachu! w/ Poke Ball is just $79, or $20 off its reg...
18:34, 05/29/2019

Deal or no deal, US needs Mexicans Trump has used tariffs as a stick to threaten the US's trading partners into submission, as in his spat with Mexico. But if the US cuts immigration from its southern neighbors, who will do the jobs Americans don't want?...
14:51, 06/10/2019

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....
18:51, 06/06/2019

GM Cruise Is Now Worth $19 Billion Because Why Not Cruise, GM’s autonomous vehicle arm, raised another $1.15 billion at a total valuation of $19 billion, according to several media reports including TechCrunch. The new investment adds T. Rowe Price to the list of the company’s investors, as well as i...
04:34, 05/08/2019

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....
01:51, 06/14/2019

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

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...
06:17, 05/25/2019

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....
20:00, 05/21/2019

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)        ...
04:00, 06/19/2019

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....
06:00, 05/16/2019

US warns EU over €13-billion defense spending The US has warned the European Union that plans to boost defense cooperation within the EU could undo decades of trans-Atlantic cooperation and damage NATO. The EU's foreign policy chief said US concerns were unfounded....
03:00, 05/15/2019

An $8 Billion Refinery? Mexican President Says, Yes We Can Experts told Mexico’s president it’s impossible to build a refinery at the price he wants, so he orders Mexico’s struggling oil company to do it instead....
03:00, 05/10/2019

Volkswagen’s $17 Billion Change of Direction The car giant is finally putting its faith in the wonders of the capital markets with its Traton trucks IPO. If only Germany’s citizens would do the same. ...
18:00, 06/14/2019

US consumer borrowing up $17.5 billion in April WASHINGTON (AP) — Consumer borrowing accelerated in April to the fastest pace in five months as a rebound in credit card usage offset slower demand for auto and student loans. The Federal Reserve says borrowing increased by $17.5 billion. That is up ...
21:51, 06/07/2019

Treasury to Sell $159 Billion in Debt The U.S. Treasury Department will auction next week $159 billion in securities, comprising $84 billion in new debt and $75 billion in previously sold debt....
20:34, 05/02/2019

Hoping for $100 Billion to Rebuild, Iraq Got Less Than a Third And much of the total came not in grants but in loans, guarantees and investments. Regional officials nevertheless proclaimed the donor event a success....
18:00, 05/20/2019

Treasury to Sell $109 Billion in Debt The U.S. Treasury Department will auction next week $109 billion in securities, comprising $62 billion in new debt and $47 billion in previously sold debt....
21:17, 05/16/2019

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....
13:17, 05/15/2019

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....
21:34, 06/13/2019

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'...
16:51, 05/02/2019

US trade deficit rises to $71 billion The U.S. international trade deficit was $71.4 billion in March, the U.S. Census Bureau reported Friday, up half-billion dollars from February, or 0.7%....
17:34, 05/03/2019

IBM Completes $20 Billion Bond Sale International Business Machines sold $20 billion of bonds Wednesday to help fund its purchase of Red Hat Inc., adding to a busy week for corporate-debt issuance....
01:00, 05/09/2019

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....
21:00, 05/23/2019

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...
01:00, 06/19/2019

Uber, Down $14 Billion Since Friday, May Drop Even Further Outpacing the New York Stock Exchange’s losses on another rocky day of trading, Uber’s disappointing IPO is becoming disastrous, falling an additional 10.8 percent in its second day as a public company.Read more......
04:00, 05/14/2019

TDR Capital to buy car auctioneer BCA Marketplace for $2.4 billion British private equity firm TDR Capital on Wednesday said it offered to buy car auctioneer BCA Marketplace for about 1.91 billion pounds ($2.42 billion)....
09:34, 06/26/2019

IFM Investors to Buy Buckeye Partners for $6.5 Billion Australian-based IFM Investors has agreed to acquire Buckeye Partners LP at a value of $6.5 billion. The infrastructure-focused investment manager agreed to an all-cash transaction that would give Buckeye shareholders $41.50 apiece for all of the sha...
17:34, 05/10/2019

Pakistan to Accept $6 Billion Bailout From I.M.F. Prime Minister Imran Khan had opposed any bailout before taking office, but has since reluctantly embraced the need for a rescue with Pakistan’s economy facing a crisis....
20:51, 05/12/2019

Salesforce's $15.7 billion Tableau acquisition: Everything you need to know Salesforce's purchase of Tableau is a strategic play to be combine enterprise data on one platform. Here's a look at the strategic rationale, wild cards, and what it means for customers....
21:00, 06/10/2019

Uber Lost Another Billion Dollars, NBD Uber’s first quarterly earnings report as a publicly-traded company tells us much of the same as every other report the company has ever released about its finances: they can’t stop, won’t stop losing so much freaking money....
01:34, 05/31/2019

Uber slips below $70 billion value in turbulent first day It took more than two hours for Uber shares to finally start trading after Uber executives and drivers congregated at the New York Stock Exchange for the bell-ringing ceremony. Uber closed at $41.57, giving it a market capitalization of just $69.7 bi...
19:00, 05/11/2019

AbbVie buys Allergan for $63 billion Biopharmaceutical giant AbbVie Inc. announced Tuesday that it was purchasing Botox-maker Allergan in cash and stock transfers valued at about $63 billion....
18:17, 06/25/2019

Pakistan To Get $6 Billion From IMF Over Next Three Years: Official Pakistan will get $6 billion from the IMF over the next three years to meet its foreign debt obligations, the country's advisor on finance said on state television after an signing the agreement....
21:17, 05/12/2019

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....
15:51, 06/17/2019

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...
23:34, 05/01/2019

Qualcomm to Get at Least $4.5 Billion in Apple Settlement Qualcomm will receive at least $4.5 billion from Apple as part of a settlement that ended more than two years of wrangling over the chip maker’s patent-licensing fees....
00:00, 05/02/2019

NXP to Buy Marvell's Wi-Fi, Bluetooth Business for $1.76 Billion NXP Semiconductors said on Wednesday it will buy Marvell's wireless connectivity business for $1.76 billion in cash to offer its customers a bigger product portfolio....
15:00, 05/30/2019

Infineon to Buy Cypress Semiconductor for $9.4 Billion German chip maker Infineon Technologies said it would acquire Cypress Semiconductor in a multi-billion dollar deal, the latest in a series of transactions that have been reshaping the industry....
14:34, 06/03/2019

Mexico’s Pemex gets refinancing worth $8 billion MEXICO CITY (AP) — Mexico’s heavily indebted state-owned oil company has won about $8 billion in refinancing and extended lines of credit from three private banks. Petroleos Mexicanos needed the refinancing to handle a debt that currently total...
19:17, 05/13/2019

| 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....
09:17, 06/19/2019

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...
11:34, 05/22/2019

Eldorado Resorts to buy Caesars Entertainment for about $8.5 billion Eldorado Resorts Inc has agreed to buy Caesars Entertainment Corp for about $8.5 billion in cash and stock, as it looks to build scale to take on competition from larger companies such as Las Vegas Sands and Wynn Resorts....
14:34, 06/24/2019

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...
17:00, 05/30/2019

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....
11:00, 06/18/2019

China raising tariffs on $60 billion in US goods China announced Monday that it will impose tariffs on $60 billion worth of American products starting June 1 – an apparent retaliation to President Trump’s decision to hike duties on goods from the country. Beijing will slam a number of US imports wi...
15:51, 05/13/2019

SoftBank Plans for Second $100 Billion Vision Fund Less than two years after the Vision Fund’s launch, the Japanese company has deployed most of its money, investing in the world’s most valuable technology companies, including Uber and WeWork....
12:17, 05/09/2019

Huawei's $105 billion business at stake after U.S. broadside The latest U.S. broadside against Huawei that puts the Chinese firm on an exports blacklist threatens to rattle the global tech supply chain, linked closely to the $105 billion business of the world's top supplier of telecoms network equipment....
16:17, 05/16/2019

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....
19:34, 06/20/2019

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...
20:17, 06/20/2019

Novartis buys dry eye drug from Takeda for up to $5.3 billion Novartis is buying dry-eye drug Xiidra from Takeda Pharmaceutical Co for up to $5.3 billion as the Swiss drugmaker refreshes its ophthalmic medicines portfolio with a potential blockbuster....
14:00, 05/09/2019

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...
01:00, 06/15/2019

SoftBank Considers IPO for $100 Billion Vision Fund SoftBank Group is considering audacious fundraising plans, including a public offering of its $100 billion investment fund and the launch of a second fund of at least that size....
13:34, 05/03/2019

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....
20:17, 06/20/2019

World population to reach 9.7 billion by 2050 — UN The United Nations predicts that half of this growth will take place in only nine countries, as the world is getting older overall. India is projected to become the world's most-populated country by 2027....
03:17, 06/18/2019

Mozambique seeks $3.2 billion to recover from cyclones JOHANNESBURG (AP) — Mozambique says it needs $3.2 billion to recover from a pair of tropical cyclones that ripped into the southern African nation this year and killed more than 600 people. That’s according to a government assessment for a glob...
11:17, 05/30/2019

The Latest: House OKs $19.1 billion disaster aid bill WASHINGTON (AP) — The Latest on the House vote on a $19.1 billion disaster aid bill (all times local): 7 p.m. The House has given final approval to a long-delayed $19.1 billion disaster aid bill. That clears the way for the measure to be sent to Pres...
04:34, 06/04/2019

China to hike tariffs on $60 billion of US goods China said the move was a "response to US unilateralism." Recent talks to end the trade spat between the world's two largest economies ended without a breakthrough last week....
23:34, 05/13/2019

Trump says he’s adding $1.6 billion to NASA’s budget WASHINGTON (AP) — President Donald Trump says he is adding $1.6 billion to NASA’s budget “so that we can return to Space in a BIG WAY!” Trump announced the decision in a series of tweets Monday about the budget. He says that under h...
00:51, 05/14/2019

SoftBank Invests in an Opaque $100 Billion Industry More and more companies are using intermediaries like Greensill to pay their suppliers early. It’s a part of accounting in desperate need of transparency....
12:51, 05/15/2019

The Latest: Couple with $2 billion win still resent Monsanto SAN FRANCISCO (AP) — The Latest on $2 billion verdict against Monsanto (all times local): 7 p.m. A Northern California couple both stricken with cancer they say was caused by Monsanto Co.’s weed killer say they still resent the company even aft...
07:17, 05/14/2019

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...
20:17, 06/21/2019

PG&E agrees to pay $1 billion to governments for wildfire damage SAN FRANCISCO (AP) — A California utility blamed for igniting several wildfires that killed dozens and destroyed thousands of homes has agreed to pay $1 billion to local governments. Attorneys representing 14 local public entities announced the settl...
05:34, 06/19/2019

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. ...
05:17, 06/19/2019

$5 billion fine is a 'bargain' for Facebook, top US senators say A bipartisan letter published Monday puts additional pressure on the FTC as it weighs steps to punish Facebook for mishandling users' personal information....
11:17, 05/07/2019

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...
07:17, 06/17/2019

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....
16:51, 06/17/2019

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....
15:17, 06/07/2019

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....
04:00, 06/23/2019

US to raise tariffs on $200 billion of Chinese goods up to 25% In announcing the tariff hike, US President Donald Trump complained that trade talks with China were moving "too slowly." The tariff increases on $200 billion of Chinese goods are set to start by the end of the week....
20:51, 05/05/2019

Donald Trump Somehow Lost $1 Billion in Ten Years We all know that our president is a terrible businessman, but information about his federal income tax returns obtained by the New York Times showss that he is even worse than previously thought. Between the years of 1985 and 1994, Trump lost an asto...
12:17, 05/08/2019

Tesla closes $2.7 billion capital raise Tesla said on Wednesday it closed its $2.7 billion offering of stock and convertible notes and that it was oversubscribed, giving the electric car maker much-needed cash as it ramps up production. The electric car maker sold about $860 million in sha...
16:51, 05/08/2019

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....
17:17, 06/23/2019

Facebook plans its own currency for 2 billion-plus users SAN FRANCISCO (AP) — Facebook is launching a new digital currency to make e-commerce accessible to more people around the world. The social media giant is announcing Libra, a cryptocurrency it is creating with more than two dozen partners including U...
13:00, 06/18/2019

US trade deficit edges up to $50 billion in March WASHINGTON (AP) — The U.S. trade deficit increased slightly in March even though the deficit with China fell to the lowest point in five years. The Commerce Department said Thursday that the total deficit in goods and services edged up 1.5% to $50 bi...
15:17, 05/09/2019

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....
15:34, 05/29/2019

Frontier Communications to sell some assets for $1.35 billion Telecom service provider Frontier Communications Corp said on Wednesday it would sell its assets in some U.S. states to investment firms WaveDivision Capital LLC and Searchlight Capital Partners LLC for $1.35 billion....
16:00, 05/29/2019

GM's Cruise Receives $1.2 Billion Equity Investment General Motors’ Cruise division has landed another $1.2 billion in outside financing, bringing the value of the driverless-car developer to $19 billion....
20:17, 05/07/2019

U.S. farmers receive $8.52 billion in aid to date, USDA says The U.S. Department of Agriculture has to date paid out $8.52 billion in direct payments to American farmers as part of the 2018 aid program, designed to offset losses from trade tariffs by China and other trading partners, a spokesman for the agency...
18:00, 05/15/2019

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....
19:17, 05/29/2019

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 ...
15:34, 06/17/2019

Berkshire Investing $10 Billion in Occidental to Help Anadarko Bid Berkshire Hathaway has agreed to make a $10 billion investment in Occidental Petroleum as part of an effort to help the oil company complete a proposed deal to buy Anadarko Petroleum....
16:00, 04/30/2019

US$84 billion? Uber is set to hit the road in this year's biggest IPO Ride-hailing company entered the final stretch of the ultimate capital-raising exercise on Friday, when it disclosed details of an initial public offering that could bring set its value at around US$84 billion....
18:00, 04/29/2019

US trade deficit shrinks to $50.8 billion in April WASHINGTON (AP) — The U.S. trade deficit shrank in April, but the politically sensitive deficit with China moved higher. The Commerce Department says the gap between the goods and services the U.S. buys and what it sells abroad fell 2.1% to $50.8 bil...
16:51, 06/06/2019

Shell Avoids Hard Promises on That $125 Billion Investment and debt-reduction demands will persist, and the need for M&A can’t be ruled out. Investors should be grateful for the dividend they’ve got....
19:00, 06/04/2019

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...
19:00, 06/04/2019

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...
00:17, 05/23/2019

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...
21:17, 06/12/2019

WeWork lost $1.9 billion last year, but it's considering going public The We Company, parent company of WeWork, is the latest in a string of richly valued start-ups set to go public this year. But though it is valued at $47 billion, it's far from turning a profit. Instead, it's hemorrhaging cash....
16:34, 05/18/2019

U.S. House passes $4.5 billion border aid bill The U.S. House of Representatives on Tuesday approved a $4.5 billion aid package to address the migrant surge along the U.S.-Mexico border, including new standards for migrants in custody following reports of poor conditions facing young children at ...
05:00, 06/26/2019

Bids in Germany's 5G auction already top 6 billion euros Germany's auction of frequencies for fifth-generation mobile services, now into its 10th week, has drawn 6 billion euros ($6.7 billion) in bids so far....
01:00, 05/24/2019

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....
21:00, 05/28/2019

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...
20:34, 05/23/2019

Tesla Looks to Raise as Much as $2.3 Billion in Debt and Equity Tesla is looking to raise as much as $2.3 billion through a bond sale and public offering of its shares, after a worse-than-expected quarter heightened concerns about the company’s cash on hand....
15:51, 05/02/2019

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......
12:17, 06/06/2019

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...
11:34, 06/06/2019

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...
20:34, 05/28/2019

FCA completes sale of Magneti Marelli for $6.5 billion Fiat Chrysler Automobiles has completed the sale of supplier Magneti Marelli to Calsonic Kansei for $6.5 billion, slightly below the initial price tag due to the unit's changed financial position....
19:00, 05/02/2019

PG&E Bondholders Propose $30 Billion Turnaround Plan PG&E Corp. bondholders have challenged the California utility over control of its bankruptcy proceeding, offering Wall Street’s version of a solution to wildfire liabilities that are estimated at $30 billion or more....
23:51, 06/25/2019

China Mobile to set up $4 billion 5G industry fund China's largest telecommunications operator China Mobile said on Tuesday it will set up a 30 billion yuan ($4.36 billion) 5G industry fund and has already raised the first installment of 7-10 billion yuan....
14:34, 06/25/2019

How Russia contaminated $2.7 billion of oil exports to Europe It was a quiet Easter holiday at the offices of major European oil companies and refiners when an email in Russian landed. "What the hell does it say?" one manager recalled thinking as he sent it to his Moscow office for translation....
18:17, 04/30/2019

Pakistan thanks Qatar for planned $3 billion investment ISLAMABAD (AP) — Islamabad has thanked Qatar for the $3 billion investment in Pakistan announced by the energy-rich Gulf Arab nation’s ruler. Abdul Hafeez Shaikh, economic adviser to Pakistani prime minister, tweeted Pakistan’s thanks on ...
12:17, 06/25/2019

Facebook could be fined up to $5 billion by the FTC due to privacy violations Facebook has been dealing with one privacy-related scandal after another for more than a year now, a reality that’s about to present the social networking company with a seriously heavy financial penalty. The company shared its first quarter re...
12:51, 05/02/2019

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....
06:00, 05/24/2019

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...
03:00, 06/11/2019

Colorado has made over $1 billion from legal marijuana DENVER — Colorado has surpassed $1 billion in tax revenue from marijuana sales since recreational use of the drug was legalized in 2014. The Colorado Department of Revenue says sales since legalization have topped $6.5 billion, generating $1.02 billi...
13:51, 06/13/2019

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....
18:17, 06/10/2019

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...
23:34, 05/01/2019

Trump: Japan will invest $40 billion in U.S. car factories U.S. President Donald Trump on Saturday said at a rally that Japanese Prime Minister Shinzo Abe told him Japan is investing $40 billion in new car factories in the United States....
18:17, 04/28/2019

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....
03:51, 06/13/2019

Qualcomm Scored $4.5 Billion or More in Settlement With Apple Semiconductor and telecommunications equipment manufacturer Qualcomm said on Wednesday it will take home a one-time payment of between $4.5 billion to $4.7 billion from its settlement with tech giant Apple over the next quarter, the New York Times re...
05:00, 05/02/2019

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....
12:34, 05/24/2019

$42 Billion Slump For India's Auto Sector - And It May Not Be Over A gauge of automobile companies has fallen 30 percent since reaching a record in December 2017, and is the worst-performer among 19 sector indexes in the nation's equity market this year. That's as......
12:00, 05/03/2019

China announces retaliatory tariffs on $60 billion in U.S. goods China announced Monday it will raise tariffs on $60 billion in U.S. goods in response to the Trump administration raising tariffs on $200 billion in Chinese products....
18:00, 05/13/2019

Satellites could save Americans $30 billion on internet bills Upcoming satellite technology could lower prices for internet services, a new report predicts. Low Earth Orbit (LEO) satellites from Elon Musk’s SpaceX Starlink project and Jeff Bezos’ Project Kuiper could save American households more than $30 billi...
22:51, 05/13/2019

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...
02:17, 06/13/2019

Warren Buffett bankrolls Occidental's Anadarko bid with $10 billion Warren Buffett's Berkshire Hathaway Inc committed $10 billion on Tuesday to Occidental Petroleum Corp's $38 billion cash-and-stock bid for Anadarko Petroleum Corp, boosting its chances of snatching a deal from Chevron Corp....
19:17, 04/30/2019

UN: World population expected to rise to 9.7 billion in 2050 UNITED NATIONS (AP) — The United Nations says the world’s population is getting older and growing at a slower pace but is still expected to increase from the current 7.7 billion to 9.7 billion in 2050. The U.N. Department of Economic and Social...
19:51, 06/17/2019

China Hits Back With Tariffs on $60 Billion in U.S. Goods China fired back at the U.S. Monday, raising tariffs on roughly $60 billion worth of U.S. goods in retaliation for President Trump’s decision to escalate tariffs on Chinese imports....
17:17, 05/13/2019

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...
08:00, 05/22/2019

BHP faces $5 billion claim over 2015 Brazil dam failure Anglo-Australian mining giant BHP is facing a landmark, $5.0 billion damages claim in England for being "woefully negligent" in the run-up to a 2015 dam failure that led to Brazil's worst environmental disaster, a lawsuit alleges....
15:00, 05/07/2019

China Says It Will Impose Tariffs On $60 Billion Worth Of US Goods China said Monday it will impose tariffs on $60 billion worth of US goods from June 1, in apparent retaliation after Washington announced plans to tax almost all Chinese imports....
18:51, 05/13/2019

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...
17:51, 05/01/2019

SoftBank eyeing near US$1-billion investment in Colombia's Rappi Rappi was founded in 2015 by three friends as a restaurant-delivery business in Colombia’s capital, Bogotá. It has since spread across Latin America....
17:34, 04/30/2019

GM's Cruise gets $1.15 billion new cash from T. Rowe Price, SoftBank General Motors Co's majority-owned Cruise self-driving division on Tuesday said T. Rowe Price and a group of existing investors put down $1.15 billion in new equity, valuing the unit at $19 billion....
17:34, 05/07/2019

Trump administration proposes another $1.6 billion for Moon efforts The Trump administration isn't convinced the $10.7 billion set aside for space exploration in the proposed 2020 budget is enough to help put astronauts on the Moon by 2024. The President has submitted an amendment to the fiscal 2020 budget that...
06:34, 05/14/2019

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...
08:00, 05/30/2019

Trump says U.S. farmers to get $15 billion in aid amid China trade war President Donald Trump said on Monday that his administration was planning to provide about $15 billion in aid to help U.S. farmers whose products may be targeted with tariffs by China amid a deepening trade war....
23:34, 05/13/2019

Buffett's Berkshire to invest $10 billion in Occidental for Anadarko buy Warren Buffett's Berkshire Hathaway Inc will put $10 billion behind Occidental Petroleum Corp's bid as it tries to see off competition from Chevron Corp to buy smaller rival Anadarko Petroleum Corp....
18:17, 04/30/2019

Lyft’s First Results After I.P.O. Show $1.14 Billion Quarterly Loss The ride-hailing company’s revenue nearly doubled for the quarter, while its loss was driven by a hefty charge for its stock-based compensation plan....
02:00, 05/08/2019

Newspaper: Trump lost more than $1 billion from 1985 to 1994 WASHINGTON (AP) — The New York Times is reporting that Donald Trump’s businesses lost more than $1 billion from 1985 to 1994, based on tax information the newspaper acquired. The Times says it has acquired printouts from the future president...
03:51, 05/08/2019

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....
12:00, 06/03/2019

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....
22:00, 06/12/2019

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...
21:17, 06/12/2019

Berkshire Hathaway To Invest $10 Billion In Occidental For Anadarko Buy Occidental and Chevron Corp are locked in a battle to buy Anadarko's prized assets in West Texas' huge Permian shale oil field, the biggest oil-industry takeover in years...
00:51, 05/01/2019

Japan's SoftBank invests $1 billion in delivery app Rappi Japan's SoftBank will invest $1 billion in Colombian delivery app Rappi, marking the first move by its newly created Innovation Fund for Latin America, according to a statement on Tuesday, confirming earlier media reports....
00:17, 05/01/2019

Big Banks Push to Free Up $40 Billion From Postcrisis Restrictions The biggest U.S. banks are ramping up efforts to secure a regulatory reprieve they believe will give them access to a nearly $40 billion pot of money tied up by restrictions....
23:34, 05/07/2019

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......
11:17, 05/30/2019

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

Vodafone offloads NZ business to Brookfield, Infratil for $2.36 billion Vodafone Group Plc said on Monday that it had agreed to sell its New Zealand business for about 2.1 billion euros ($2.36 billion) to a consortium comprising of New Zealand-based Infratil Ltd and Canada's Brookfield Asset Management....
23:34, 05/13/2019

J&J agrees to pay about $1 billion to resolve hip implant lawsuits: Bloomberg Johnson & Johnson agreed to pay about $1 billion to resolve the bulk of lawsuits claiming the company sold defective metal-on-metal hip implants that ultimately had to be removed, Bloomberg reported on Tuesday, citing people with knowledge of the mat...
21:00, 05/07/2019

350 Kilograms Narcotics Worth Over Rs 3.45 Billion Seized In Pakistan The Pakistan Coast Guards during a raid in the country's restive Balochistan province recovered 350 kgs narcotics worth over Rs 3.45 billion, officials said....
12:51, 05/01/2019

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....
12:51, 06/06/2019

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...
22:34, 06/20/2019

Alibaba mulls second listing to raise $20 billion: Bloomberg Alibaba Group Holding Ltd is considering raising $20 billion through a second listing in Hong Kong, Bloomberg reported on Monday, citing unnamed people with knowledge of the matter....
22:51, 05/27/2019

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

PG&E Reaches $1 Billion Settlement With Paradise, California Governments PG&E has agreed to pay $1 billion to a range of California cities, counties and other government entities to settle claims related to taxpayer losses caused by three devastating fires in the state....
14:00, 06/19/2019

Uber and Eight Other Once-Small Startups Are Now Worth a Combined $250 Billion Despite the tough economy, startups such as Uber, Pinterest and Airbnb benefited from scrappy entrepreneurs as well as the rise of the smartphone and cloud computing....
03:17, 05/10/2019

China's billion-dollar Belt and Road party: Who's in and who's out Leaders from across the world have arrived in Beijing for the second Belt and Road Forum, drawn by the possibility of billions of dollars in Chinese funding for infrastructure projects....
19:00, 04/28/2019

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....
12:51, 06/11/2019

$4.6 Billion in Aid Advances to Help Cope With Migrant Surge at Border The Senate measure cleared a committee with bipartisan support and will be voted on by the full chamber next week, but it is unclear how well it matches the House’s plans....
23:17, 06/19/2019

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,......
17:34, 06/01/2019

Uber’s $82 billion valuation underwhelms in most anticipated IPO since Facebook Uber priced its IPO at the low end of its target for a valuation of $82.4 billion, an underwhelming result for the most anticipated IPO since Facebook.Read More...
10:34, 05/10/2019

U.S. seizes $1 billion worth of cocaine from ship in Philadelphia Federal authorities seized 16.5 tons of cocaine worth more than $1 billion from a ship in Philadelphia in one of the largest drug seizures in U.S. history, the U.S. Justice Department said on Tuesday....
02:34, 06/19/2019

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....
01:51, 05/24/2019

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...
01:51, 05/24/2019

‘Avengers: Endgame’ Conquers the World With a $1.2 Billion Opening The superhero movie took in roughly $350 million in North America, easily beating “Star Wars: The Force Awakens.” It was the No. 1 movie in at least 54 countries....
18:51, 04/28/2019

Facebook Is Preparing for a Multi-Billion Dollar Fine From the FTC (SAN FRANCISCO) — Facebook said it expects a fine of up to $5 billion from the Federal Trade Commission, which is investigating whether the social network violated its users’ privacy. The company set aside $3 billion in its quarterly earn...
18:51, 04/28/2019

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....
11:17, 06/05/2019

The new front in Trump's trade war could cost consumers at least $93 billion Based on 2018 trade numbers, it would equate to a tax on U.S. consumers that would start at $18.6 billion and escalate to about $93 billion. Those figures, while a baseline from which to measure, don't take into account all the impact....
18:17, 05/31/2019

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....
00:51, 05/25/2019

General Electric agrees to pay $1.5 billion civil penalty CNBC's Dom Chu reports on the settlement reached between General Electric and the Department of Justice. General Electric agreed to pay a $1.5 billion penalty for allegations related to subprime lending unit...
18:17, 04/28/2019

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...
21:17, 06/07/2019

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....
17:00, 06/19/2019

China's Xi touts more than $64 billion in Belt and Road deals President Xi Jinping on Saturday hailed deals worth more than $64 billion signed during China's Belt and Road Initiative (BRI) this week as he sought to reassure skeptics the project will deliver sustainable growth for all involved....
18:17, 04/28/2019

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....
00:51, 05/25/2019

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....
07:00, 06/19/2019

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....
15:00, 05/25/2019

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,...
01:17, 06/06/2019

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...
23:34, 06/18/2019

FTC crackdown targets operations responsible for one billion robocalls The Federal Trade Commission (FTC) and its law enforcement partners are cracking down on robocallers. Today, the FTC announced that it's filed 94 actions against organizations responsible for more than one billion illegal calls. As part of "Oper...
01:00, 06/26/2019

Sotheby's snapped up by French tycoon Drahi for $3.7 billion Franco-Israeli cable magnate Patrick Drahi made a surprise move into the art world by snapping up Sotheby's in a deal worth $3.7 billion, marking the art auction house's return to private ownership after 31 years....
04:00, 06/18/2019

Boeing wins $5.7 billion U.S. defense contract - Pentagon Boeing Co has been awarded a $5.7 billion U.S. defense contract for post-production requirements for the KC-46 Pegasus aircraft, the Pentagon said on Monday....
03:34, 04/30/2019

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 ...
20:00, 06/10/2019

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...
05:17, 05/23/2019

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....
08:51, 06/07/2019

Slack starts trade with surge, valued at more than $23 billion Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, debuted in public trading at a price of $38.50 each, valuing the company at more than $23 billion, well above the $16 billion reference point set by th...
19:17, 06/20/2019

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....
20:17, 06/17/2019

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....
18:51, 06/10/2019

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...
21:00, 05/23/2019

US To Raise Tariffs On $200 Billion Worth Of Chinese Imports The United States will raise tariffs from 10 percent to 25 percent on $200 billion worth of Chinese imports effective Friday, according to a notice posted to the Federal Register on Wednesday....
15:51, 05/08/2019

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....
15:51, 06/02/2019

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...
01:34, 06/02/2019

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 ...
22:00, 05/23/2019

Pakistan, IMF in final round of talks on $8 billion bailout Pakistan and the International Monetary Fund have launched the final round of talks over the $8 billion bailout package for Islamabad, a deal that's expected to be signed next month....
14:51, 04/29/2019

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."...
09:17, 06/07/2019

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...
00:34, 05/31/2019

Pentagon shifts another $1.5 billion for Trump’s border wall (CNN) — The Pentagon has diverted an additional $1.5 billion in Defense Department funds from various accounts in order to fund President Donald Trump’s border wall, acting Defense Secretary Patrick Shanahan told reporters Friday. He said the m...
03:00, 05/11/2019

Pentagon shifting $1.5 billion to border wall construction WASHINGTON — The Pentagon is shifting $1.5 billion in funds originally targeted for support of the Afghan security forces and other projects to help pay for construction of nearly 80 miles of wall at the U.S.-Mexican border, officials said Friday. Co...
13:34, 05/11/2019

Fiat Chrysler to spend $2 billion on CO2 fines and credits The $2 billion to be spent by FCA in fines and credit purchases over three years compares with $10 billion that it plans to invest in EVs within the 2018-22 business plan....
14:00, 05/11/2019

Amazon is going to deliver a blow to FedEx, which just lost $2 billion FedEx Corp. is bracing for impact as it deals with the death of an Amazon partnership and slowing growth in the world economy.       ...
03:34, 06/26/2019

Flood damage at least $2 billion for Mississippi River towns ST. LOUIS (AP) — Repairs and cleanup following the prolonged flooding along the Mississippi River will cost more than $2 billion, an advocacy group for river communities said Tuesday. Heavier than normal snow melt in the late winter and frequent and ...
21:00, 06/25/2019

Bayer to invest $5.6 billion in new weed killing methods BERLIN (AP) — German chemical and pharmaceutical company Bayer says it plans to invest some 5 billion euros ($5.6 billion) over the next decade in developing “additional methods to combat weeds.” Friday’s announcement came as Bayer ...
12:34, 06/14/2019

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 ...
10:34, 06/23/2019

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....
03:17, 06/10/2019

'Avengers: Endgame' Surpasses $2 Billion in Record Time Walt Disney Co.’s “Avengers: Endgame” became the second-highest-grossing movie of all time, reaching nearly $2.19 billion in global box-office revenue just 12 days after hitting theaters....
02:51, 05/06/2019

Google to buy data analytics 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....
16:34, 06/06/2019

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....
08:51, 05/21/2019

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....
12:51, 05/21/2019

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....
22:17, 05/28/2019

Tesla Completes $2.35 Billion Stock and Bond Sale Tesla Inc. has completed a $2.35 billion stock and bond sale, giving the company a much-needed boost of liquidity as it continues its quest to become the first mass producer of electric cars....
19:51, 05/03/2019

Avengers: Endgame Becomes 1 of Only 5 Films to Make $2 Billion Globally (LOS ANGELES) — “Avengers: Endgame” continued its global domination at the box office in a second week victory lap that saw the blockbuster cross the $2 billion mark in record time and unseat “Titanic” as the second high...
05:51, 05/06/2019

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)...
06:17, 06/15/2019

DoorDash Takes Aim at Nearly $13 Billion Valuation in New Funding Round Food-delivery startup DoorDash is raising a new round of financing that could value the company at close to $13 billion, according to people familiar with the situation....
04:34, 05/18/2019

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....
23:51, 05/29/2019

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....
16:17, 06/14/2019

FCA Completes Sale Of Magneti Marelli To CK Holdings For $6.5 Billion Fiat Chrysler Automobiles (FCA) has approved the sale of its car parts corporation Magneti Marelli to Japanese firm CK Holdings. The latter is part of the Calsonic Kansei Corporation and has purchased......
17:51, 05/02/2019

Budweiser Brewer Plans $7 Billion Hong Kong IPO The Asian business of beer giant Anheuser-Busch InBev filed an application to list on the Hong Kong stock exchange, moving closer toward a multibillion-dollar initial public offering later this year....
08:17, 05/10/2019

Tesla to issue more than $2 billion in debt to fund expansion Tesla launched issues of new shares and debt worth more than $2 billion Thursday, with chief executive Elon Musk pitching in $10 million as the electric car maker gave in to Wall Street pressure to bolster its cash reserves. Analysts have been predic...
18:00, 05/02/2019

Tesla seeks up to $2.3 billion from share, debt issues Tesla Inc announced plans to raise up to $2.3 billion in new capital on Thursday, easing Wall Street concerns over the electric carmaker's ability to see through its ambitious investment plans while it works to deliver a steady profit....
18:17, 05/02/2019

US Approves Nearly $6 Billion In Weapons Sales To Gulf Allies The U.S. State Department has approved a possible $6 billion worth of weapons sales to Bahrain and the United Arab Emirates in three separate packages, the Pentagon said on Friday after notifying......
05:34, 05/04/2019

Ex-Venezuelan oil minister asks U.S. court to set aside $1.4 billion judgment Former Venezuelan Oil Minister Rafael Ramirez asked a federal judge in Houston on Monday to set aside a $1.4 billion default verdict against him in a fraud suit brought by a defunct Houston oil company, according to court documents....
06:34, 06/25/2019

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....
08:34, 05/29/2019

NASA is asking for another $1.6 billion to fulfill the Moon 2024 promise Back in March, the Trump administration declared that it was directing NASA to send humans back to the Moon no later than 2024. That’s an incredibly tight deadline for an agency with a budget that is nowhere near what it was (in adjusted dollar...
05:00, 05/16/2019

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......
20:51, 06/15/2019

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....
02:00, 06/09/2019

Tesla Looks to Raise $2.3 Billion Through a Bond and Stock Sale Tesla is looking to raise as much as $2.3 billion through a bond sale and public offering of its shares, after a worse-than-expected quarter heightened concerns about the company’s cash on hand....
21:51, 05/02/2019

Nvidia’s Q1 revenues down 31% to $2.22 billion, beating modest estimates Nvidia reported earnings and revenues that were well below last year's figures, but the graphics and AI chips company beat analyst expectations.Read More...
01:51, 05/17/2019

Iraq Wants $88 Billion for Rebuilding. Allies Offer a Fraction of That. A lukewarm response by potential donors, including the United States, at a fund-raising conference threatens efforts to stabilize the war-torn country....
18:00, 05/20/2019

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....
21:34, 05/15/2019

EU fines major banks €1 billion over currency cartels Regulators in the European Union have levied a hefty fine on Barclays, Royal Bank of Scotland, Citigroup, JPMorgan and Japan's MUFG over collusion in currency trading....
02:34, 05/17/2019

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....
14:34, 05/29/2019

SoftBank mulls IPO of $100 billion Vision Fund: source Japan's SoftBank Group Corp is considering an initial public offering of its $100 billion Vision Fund, a source familiar with the matter said on Friday....
20:00, 05/03/2019

VW shrugs off 1 billion euro legal hit with higher SUV sales Sales of higher-margin sports utility vehicles and cost cuts helped Volkswagen shrug off a 1 billion euro legal charge to meet first-quarter operating profit forecasts on Thursday, sending its shares 4.7 percent higher....
18:17, 05/02/2019

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...
18:17, 05/06/2019

Over 2 billion YouTube users are logged in and watching every month YouTube has hit a new milestone, with over two billion viewers logged into the service and going square-eyed every month. That's a little over a quarter of the world's population.As CNET reports, YouTube CEO Susan Wojcicki announced the new...
18:51, 05/03/2019

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....
15:17, 06/17/2019

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....
02:51, 06/22/2019

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...
23:34, 05/01/2019

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....
18:00, 06/06/2019

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....
15:34, 06/13/2019

Qualcomm expects to make $4.5 billion from Apple settlement The costs of Apple's truce with Qualcomm are now much clearer. Qualcomm now estimates that it will pull in revenue between $4.5 billion and $4.7 billion from the settlement in the third quarter of the year, including both the one-time payment f...
01:51, 05/02/2019

Singapore's GIC Takes Stake in WaterBridge at $3 Billion Valuation Singapore sovereign-wealth fund GIC has bought a stake in WaterBridge Resources in a deal that values the Houston-based handler of oil-drilling wastewater at nearly $3 billion including debt, according to people familiar with the matter....
13:51, 05/17/2019

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....
10:00, 06/10/2019

Nextdoor Valued at More Than $2 Billion in Fresh Funding Round Neighborhood-focused social network Nextdoor said it has secured a $123 million investment led by Riverwood Capital, valuing the company at $2.1 billion....
18:00, 05/14/2019

U.S. Takes Aim at $300 Billion in Chinese Imports for Higher Tariffs (BEIJING) — U.S. officials are targeting a $300 billion list of additional Chinese imports including laptop computers for tariff hikes, ratcheting up a trade fight that is shaking financial markets and fueling fears about global economic growth...
11:34, 05/14/2019

BMW profit slides 78% hit by $1.6 billion legal provision, expenses BMW's first-quarter operating profit fell 78 percent to 589 million euros, despite higher deliveries of luxury vehicles, as the carmaker felt the effects of higher investment spending and a 1.4 billion euro ($1.6 billion) legal provision....
12:00, 05/07/2019

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.       ...
17:17, 06/17/2019

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....
17:17, 06/15/2019

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)....
05:17, 06/22/2019

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....
16:51, 06/22/2019

Amy Klobuchar Proposes $100 Billion for Addiction and Mental Health Ms. Klobuchar said she was making addiction, including alcoholism and the opioid crisis, an early focus of her campaign in part because of her experience with her father’s alcoholism....
13:00, 05/03/2019

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

FCA Offloads Parts Supplier Magneti Marelli For $6.5 Billion Fiat Chrysler Automobiles announced Thursday that it has sold Italian-based parts supplier subsidiary Magneti Marelli to the Japanese holding company CK Holdings, itself the parent company of competitive automotive parts supplier Calsonic Kansei. Mag...
07:17, 05/03/2019

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

Trump takes credit for $1 billion US Steel investment President Trump took credit Thursday for an announcement by U.S. Steel Corp. that it would invest more than $1 billion in a facility in Braddock, Pa., near Pittsburgh....
08:34, 05/03/2019

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...
13:51, 06/17/2019

Warning 5 BILLION will die if Yellowstone erupts – and United States erased from map A TOP geologist has warned two-thirds of the world’s population will die if the Yellowstone Supervolcano erupts – and the United States would be totally wiped out....
18:34, 05/16/2019

Colorado’s recreational pot sales rake in $1 billion in revenue Colorado has surpassed experts projects of taxes on the state’s recreational marijuana sales, earning $1 billion in revenue in roughly five years. Veuer’s Justin Kircher has more.        ...
21:00, 06/14/2019

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....
01:17, 05/24/2019

Citigroup, Barclays among big banks fined $1.2 billion for currency rigging The European Union fined Barclays, Citigroup, JP Morgan, MUFG and Royal Bank of Scotland a combined 1.07 billion euros ($1.2 billion) on Thursday for rigging the multitrillion-dollar foreign exchange market. Banks have been hit with billions of dolla...
18:17, 05/16/2019

Chevron Drops $33 Billion Bid for Anadarko, Ceding Key Oil Asset to Occidental By walking away from a bidding war for a significant chunk of the lucrative Permian Basin, the energy giant put a much small rival in position to dominate the largest oil field in the United States....
18:17, 05/09/2019

EU fines major banks 1 billion euros over currency cartels Regulators in the European Union have levied a hefty fine on Barclays, Royal Bank of Scotland, Citigroup, JPMorgan and Japan's MUFG over collusion in currency trading....
16:34, 05/16/2019

Indo-US Trade Could Rise To $500 Billion In 5 Years: Commerce Body Trade between India and the US could jump to $500 billion by 2023-24 from about $142 billion at present, the Indo-American Chamber of Commerce (IACC) said on Friday....
21:17, 05/10/2019

The Latest: Senate passes $19 billion disaster relief bill WASHINGTON (AP) — The Latest on disaster relief legislation (all times local): 4:38 p.m. The Senate has passed a long-overdue $19 billion disaster aid bill to help to a number of states and Puerto Rico recover after a series of hurricanes, floods and...
23:00, 05/23/2019

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.        ...
00:51, 05/24/2019

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....
18:34, 06/17/2019

EU fines Barclays, Citi, JP Morgan, MUFG and RBS $1.2 billion for FX rigging The European Union fined Barclays, Citigroup, JP Morgan, MUFG and Royal Bank of Scotland a combined 1.07 billion euros ($1.2 billion) on Thursday for rigging the multi-trillion dollar foreign exchange market....
16:17, 05/16/2019

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 ...
04:17, 05/31/2019

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....
05:34, 05/31/2019

Las Vegas businessman gets 50 years prison in $1.5 billion Ponzi scheme A federal judge on Thursday sentenced a former Las Vegas medical billing company operator who prosecutors called the ringleader of a $1.5 billion Ponzi scheme that bilked thousands of Japanese residents to 50 years in prison....
01:00, 05/24/2019

Former Kirchner accountant alleges presidential couple stole up to US$10 billion The former accountant of ex-presidents Néstor Kirchner and Cristina Fernández de Kirchner was granted a plea bargain in March. His television appearance comes as rumours intensify about Fernández de Kirchner's intention to run for the presidency....
16:34, 05/16/2019

Broadcom's $2 billion warning shocks global chip sector LONDON/BENGALURU - Broadcom Inc sent a shockwave through the global chipmaking industry on Friday with its forecast that U.S.-China trade tensions and the ban on doing business with Huawei Technologies would knock $2 billion off the company's sales ...
16:17, 06/14/2019

Lockheed Martin's Sikorsky wins $1.1 billion U.S. defense contract Sikorsky, a unit of Lockheed Martin Corp, has been awarded a $1.1 billion contract for 12 CH-53K King Stallion helicopters, including logistics and other support, the Pentagon said on Friday....
05:00, 05/18/2019

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....
02:34, 06/19/2019

Chinese firms' missing $6 billion tests regulators' resolve Cash is considered among the hardest assets for a company to fake, which is why the disappearance of a combined $6.1 billion from two Chinese companies has dumbfounded investors and forced regulators to take action....
13:00, 05/17/2019

"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....
08:17, 06/19/2019

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.        ...
04:00, 06/19/2019

Wynn Resorts in talks to sell $2.6-billion Encore casino to MGM Wynn Resorts Ltd is in talks to sell its nearly finished $2.6 billion casino outside of Boston to rival MGM Resorts International, the two companies said on Friday....
23:00, 05/17/2019

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......
06:51, 06/19/2019

Wynn Resorts in talks to sell $2.6-billion Massachusetts casino to MGM Wynn Resorts Ltd is in talks to sell its nearly finished $2.6 billion casino outside of Boston to rival MGM Resorts International, the two companies said on Friday....
00:51, 05/18/2019

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......
05:00, 06/19/2019

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...
17:17, 05/24/2019

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....
03:51, 06/19/2019

Lions Gate offered to sell Starz to CBS for $5.5 billion: sources Lions Gates Entertainment offered to sell cable channel Starz to CBS Corp for $5.5 billion after rebuffing a lower offer, two sources familiar with the matter told Reuters....
23:00, 05/17/2019

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......
07:34, 05/31/2019

Harry’s razor startup sold to Schick owner for $1.37 billion Schick razor owner Edgewell Personal Care said on Thursday it would buy shaving startup Harry’s Inc. in a $1.37 billion cash-and-stock deal to expand in a fast-growing US grooming market. Harry’s is the latest shaving startup to be bought by a bigger...
19:51, 05/09/2019

Broadcom's $2 billion warning rattles global chip sector Broadcom Inc sent a shockwave through the global chipmaking industry on Friday with its forecast that U.S.-China trade tensions and the ban on doing business with Huawei Technologies would knock $2 billion off the company's sales this year....
00:51, 06/15/2019

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 ...
09:51, 05/24/2019

Uber Offers Shares At $45 Apiece In IPO, Company Valued At $82 Billion Shares will be priced at $45 for the IPO, valuing the start-up at more than $82 billion, according to a filing with the US markets regulator. San Francisco-based Uber was set to begin trading on the......
09:51, 05/10/2019

How SoftBank and its $100 billion Vision Fund has become a global start-up machine SoftBank has invested almost $40 billion into 14 innovative start-ups ranked on CNBC's 2019 Disruptor 50 list. The fund has made large VC investments in each of these companies for sizable equity stakes....
19:00, 05/17/2019

Trump Administration Cancels $1 Billion for California Bullet Train The federal government said the state has failed to comply with its agreement to help fund high-speed rail. Gov. Gavin Newsom called it political retribution and vowed to sue....
05:34, 05/17/2019

VW to float 10% of truck unit, seeks to raise 1.9 billion euros Volkswagen aims to raise up to 1.9 billion euros ($2.1 billion) by listing truck unit Traton, it said on Friday, scaling back earlier ambitions to list up to a quarter of the unit by opting to float a 10% stake....
00:51, 06/15/2019

US jury orders Bayer to pay $2 billion in Roundup cancer case Bayer-owned Monsanto has been hit with its third jury verdict in California tying its Roundup weed killer to cancer. Bayer faces more than 13,400 Roundup-related lawsuits in the United States....
02:51, 05/14/2019

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....
15:00, 05/31/2019

Pentagon Reallocates $1.5 Billion of Funds to Pay for Border Wall Construction (WASHINGTON) — The Pentagon is shifting $1.5 billion in funds originally targeted for support of the Afghan security forces and other projects to help pay for construction of 80 miles of wall at the U.S.-Mexican border, officials said Friday. C...
22:00, 05/10/2019

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

Jury: Monsanto to pay $2 billion in weed killer cancer case OAKLAND, Calif. (AP) — A jury ordered agribusiness giant Monsanto Co. to pay a combined $2.05 billion to a couple who claimed the company’s popular weed killer Roundup Ready caused their cancers. The Oakland jury on Monday delivered Monsanto...
00:51, 05/14/2019

TikTok owner ByteDance is a $75 billion Chinese tech giant — here's what you need to know about it ByteDance owns viral social media apps like TikTok and news aggregators like Toutiao in China. It's now looking to expand its reach into new areas like smartphones....
04:17, 05/30/2019

Trump says he has not decided whether to put tariffs on remaining $325 billion in Chinese goods Trump also confirmed that he plans to meet with Chinese President Xi Jinping and Russian President Vladimir Putin at the G-20 summit in Japan in late June....
00:00, 05/14/2019

Talks On $3.4 Billion Loan To Pak Not Finished: Asian Development Bank In a huge embarrassment for the Pakistan government, the Asian Development Bank or ADB has distanced itself from the "premature announcement" of Prime Minister Imran Khan's adviser that the global......
14:34, 06/17/2019

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....
23:34, 05/22/2019

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....
07:00, 05/22/2019

English Premier League broadcast rights rise to $12 billion English Premier League broadcast rights have risen almost 8% to 9.2 billion pounds ($12 billion) for the next three seasons        ...
19:51, 05/21/2019

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)...
11:51, 06/08/2019

Merck to buy cancer drug developer Peloton for $1.05 billion in cash Merck & Co Inc said on Tuesday it would buy Peloton Therapeutics Inc for $1.05 billion in cash to gain access to the privately held company's renal cancer drug candidate....
16:00, 05/21/2019

Billionaire Schwartz makes $2.6 billion bet on Canada's WestJet Airlines Billionaire Gerry Schwartz pounced on Canada's WestJet Airlines on Monday as his private equity firm Onex Corp offered to buy the struggling airline for C$3.5 billion ($2.6 billion), betting it can turn around its recent decline by taking the company...
23:34, 05/13/2019

Roundup cancer trial ends with $2 billion verdict against Monsanto It hasn’t been a good year for the makers of Roundup weed killer. Back in March, a man was awarded an $80 million verdict after a jury decided that Monsanto’s herbicide contributed to his positive diagnosis for non-Hodgkin’s lymphom...
03:34, 05/15/2019

'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....
17:34, 05/22/2019

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...
07:00, 05/30/2019

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....
13:51, 06/10/2019

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....
13:34, 06/13/2019

Trump Gives Farmers $16 Billion in Aid Amid Prolonged China Trade War The Trump administration announced an aid package for farmers on Thursday to mollify an important political constituency hurt by a trade clash with China....
20:51, 05/23/2019

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)....
08:17, 06/13/2019

Trump wants an additional $1.6 billion for NASA’s audacious moon mission The White House will ask Congress for the additional funding for NASA’s budget next year as the space agency attempts to return humans to the moon within five years....
06:17, 05/14/2019

NASA chief says returning astronauts to the Moon could cost $30 billion It was always going to be expensive, but NASA's first cost estimate for the agency's push to land humans on the moon by 2024 is finally here — and it's surprisingly cheap....
17:51, 06/17/2019

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....
02:17, 06/13/2019

UPDATE 3-Huawei asks Verizon to pay over $1 billion for over 230 patents -source Huawei Technologies Co Ltd has told Verizon Communications Inc that the U.S. carrier should pay licensing fees for more than 230 of the Chinese telecoms equipment maker's patents and in aggregate is seeking more than $1 billion, a person briefed on t...
01:00, 06/13/2019

Bayer nears 7-year low after $2 billion award in Roundup trial Bayer shares fell by as much as 5 percent on Tuesday after a California couple were awarded more than $2 billion in the largest U.S. jury penalty over allegations its Roundup weed killer causes cancer....
18:34, 05/14/2019

Bayer nears seven-year low after $2 billion award in Roundup trial Bayer shares fell by as much as 5 percent on Tuesday after a California couple were awarded more than $2 billion in the largest U.S. jury penalty over allegations its Roundup weed killer causes cancer....
18:51, 05/14/2019

Alibaba plans $20 billion Hong Kong listing: sources Alibaba Group is considering raising as much as $20 billion through a second listing and has picked Hong Kong as the venue, three sources told Reuters, in another blockbuster deal after its record $25 billion public float in New York in 2014....
04:51, 05/28/2019

Alibaba proposes one-to-eight stock split ahead of up to $20 billion HK listing China's Alibaba Group Holding has proposed a one-to-eight stock split ahead of a listing in Hong Kong later this year that is expected to raise up to $20 billion....
08:51, 06/17/2019

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....
01:17, 05/23/2019

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....
12:34, 06/18/2019

Germany spends record 23 billion euros on refugees: document Germany spent a record 23 billion euros ($25.65 billion) last year on helping to integrate more than one million refugees and fighting the root causes of migration abroad, a government document seen by Reuters showed on Monday....
15:51, 05/20/2019

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....
09:51, 06/14/2019

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

White House plans new tariffs on $300 billion of Chinese goods U.S. Trade Representative Robert Lighthizer said Friday that the U.S. formally began placing an additional $300 billion worth of Chinese goods under 25% tariffs....
08:51, 05/11/2019

Blacklist mess: Huawei's $105 billion business at stake after U.S. broadside The latest U.S. broadside against Huawei that puts the Chinese firm on an exports blacklist threatens to rattle the global tech supply chain, linked closely to the $105 billion business of the world's top supplier of telecoms network equipment....
14:17, 05/16/2019

As US ETFs see $7 billion in outflows this month, experts pinpoint where to hide U.S.-based exchange-traded funds saw $7 billion leave their portfolios just in the month of May, but ETF watchers say staying invested is a better strategy than cashing out....
04:17, 05/30/2019

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.       ...
17:51, 06/18/2019

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....
09:51, 06/14/2019

Active U.S. equity funds lost $12.9 billion to outflows in May -Morningstar Passive U.S. equity funds saw $2.7 billion in outflows while active U.S. equity funds lost $12.9 billion to outflows in May, according to Morningstar on Tuesday, underscoring a long-term shift away from active equity managers....
17:51, 06/18/2019