UBERABANEWS.COM: Latest News of The Day 12:16, 05/15/2019

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....

SoftBank Invests in an Opaque $100 Billion Industry

Source: washingtonpost.com

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....
19:16, 04/30/2019

SoftBank Invests $1 Billion in Colombian Delivery Startup Rappi SoftBank Group Corp. has made a $1 billion investment in Rappi Inc., a South American on-demand delivery company, in another example of the firm’s reach in making large investments in technology companies....
04:16, 05/01/2019

CORRECTED (OFFICIAL)-UPDATE 2-Japan's SoftBank invests $1 bln 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....
17:00, 04/30/2019

This map shows how SoftBank dominates the global ride-sharing industry Softbank is Uber's biggest shareholder, and has spent over $20 billion to collected stakes in the biggest ridesharing players around the world from India's Ola to Singapore's Grab to China's Didi Chuxing....
10:16, 05/09/2019

Warren Buffett invests $10 billion to help Occidental wrest Anadarko from Chevron The capital injection from Berkshire Hathaway could help level the playing field for Occidental, which made a $38 billion offer after Anadarko had already agreed to a $33 billion merger with Chevron....
08:48, 04/30/2019

SoftBank Considers IPO for $100 Billion Vision Fund SoftBank 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, as it looks to seize on an exploding startup scene....
07:00, 05/03/2019

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....
02:00, 05/09/2019

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....
08:48, 05/03/2019

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....
09:48, 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....
07:16, 05/07/2019

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....
13:16, 05/17/2019

Japan's Softbank to announce $1 billion investment in delivery app Rappi on Tuesday: report Japan's Softbank is expected to announce on Tuesday a $1 billion investment in Colombian delivery app Rappi, Brazilian financial blog Brazil Journal reported....
05:16, 04/30/2019

SoftBank Group unveils stock split, rakes in $3.8 billion gain on Uber stake Japan's SoftBank Group Corp announced a stock split while keeping the per-share dividend unchanged for the year, effectively doubling its shareholder payout, as it also reported a $3.8 billion valuation gain on its stake in Uber....
04:32, 05/09/2019

As TV Industry’s $20 Billion Week Starts, Signs That Streaming Isn’t King Yet The so-called upfronts are traditional television’s annual hype-fest, and a way locking advertisers into lucrative deals. They’re also a reminder of the medium’s continuing relevance....
16:32, 05/12/2019

Digital game sales data just got a little less opaque (credit: Aurich Lawson / Getty) Longtime readers may recall that we used to pay close attention to the monthly drops of US game and console sales information provided by the industry analysts at the NPD Group. We've stopped covering those reports a...
06:32, 05/02/2019

Ratan Tata Invests In Cab Aggregator Ola Ola Electric is currently running several pilot projects involving charging solutions, battery swapping stations, and deploying vehicles across two, three and four-wheeler segments....
03:48, 05/06/2019

Ratan Tata Invests in Ola Electric Mobility Ola Electric Mobility Pvt Ltd raised a sum of Rs. 400 crores led by several of Ola's early investors, Tiger Global and Matrix India and others, as part of its first round of investment....
01:16, 05/06/2019

Microsoft invests in seven AI projects to help people with disabilities Today marks the eighth annual Global Accessibility Awareness Day, and for the second year, Microsoft is awarding grants to AI projects meant to make the world more inclusive. The grants are part of a five-year initiative that will invest $25 million....
18:48, 05/16/2019

Amazon Invests in U.K. Food-Delivery Startup Deliveroo Amazon is investing in British food-delivery company Deliveroo, becoming the startup’s biggest investor in its latest funding round and marking the retailing giant’s latest overseas bet....
01:48, 05/17/2019

Germany's Delivery Hero invests in biodegradable packaging German food delivery company Delivery Hero on Thursday announced an investment in biodegradable packaging manufacturer Bio-Lutions as governments and companies around the world seek to reduce plastic waste....
03:32, 05/16/2019

CBOE Holdings Invests in Intellectual Property Exchange International CHICAGO, December 13, 2011 -- CBOE Holdings, Inc. (Nasdaq: CBOE) today announced its investment, through an affiliate, in the Intellectual Property Exchange International (IPXI), the first financial exchange focused on intellectual property. In addit...
22:48, 05/01/2019

As China invests in economic future, US faces 'big problem' without policy changes, Rubio says As China rises as an economic superpower and U.S. rival, America must take a cue and reinvest in its own future by focusing on its workers, "reimagining" its higher education system and making wise trade policy decisions, according to Sen. Marco Rubi...
19:32, 05/17/2019

TVS Motor Company Invests $3.85 Million In Supply Chain Start-Up TagBox Hosur-based two-wheeler giant, TVS Motor Company has announced that it has invested $3.85 million (around Rs. 26.69 crore) in TagBox, a supply chain IIoT and Machine Learning platform company as part......
05:48, 05/09/2019

Saudi sovereign fund invests indirectly in Arabian Centres IPO -sources Saudi Arabia's Public Investment Fund (PIF), the kingdom's sovereign wealth fund, has indirectly invested in the $747 million initial public offering of mall operator Arabian Centres, sources familiar with the matter said....
04:32, 05/10/2019

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....
22:48, 05/09/2019

GM Cruise autonomous vehicle unit valued at $19 billion with latest $1.15 billion funding round The valuation comprises over one-third of GM's market value of roughly $54 billion. GM stock is up 25% this year and up over 1% Tuesday morning....
10:00, 05/07/2019

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....
07:00, 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...
12:00, 05/07/2019

SoftBank leads $200 mln investment in India's Grofers Japan's SoftBank Group Corp has led an investment round of more than $200 million in online grocery startup Grofers India through its Vision Fund, the New Delhi-based company said on Wednesday, upping competition in a hotly chased market in the count...
04:00, 05/15/2019

Bankers Find New Reasons to Keep Lending to SoftBank Bankers also say they are eager to lend because changes SoftBank’s corporate structure mean banks and credit-rating firms can view it as an investment holding company rather than as a mobile-phone operator....
04:16, 05/14/2019

SoftBank shares come under pressure after Uber's rough first day of trading Shares of Japanese conglomerate SoftBank Group came under pressure in Monday's trading session following the large losses seen on ride-hailing giant Uber's debut day last Friday....
00:00, 05/13/2019

SoftBank set to invest in British financing group Greensill A prospective deal between SoftBank Group Corp's Vision Fund and UK-based financing group Greensill Capital could be announced as early as Monday, a city source told Reuters....
07:48, 05/12/2019

UPDATE 2-SoftBank mulls IPO of $100 bln 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....
09:48, 05/03/2019

UPDATE 3-GM's Cruise gets $1.15 bln new cash from T. Rowe Price, SoftBank General Motors Co's majority-owned Cruise self-driving division said on Tuesday fund manager T. Rowe Price and a group of existing investors put down $1.15 billion in new equity, valuing the unit at $19 billion....
10:32, 05/07/2019

SoftBank leads $200 million investment in India's Grofers Japan's SoftBank Group Corp has led an investment round of more than $200 million in online grocery startup Grofers India through its Vision Fund, the New Delhi-based company said on Wednesday, upping competition in a hotly chased market in the count...
03:00, 05/15/2019

SoftBank Group shares tumble as Uber prices IPO at lower end Shares in Japanese conglomerate SoftBank Group Corp tumbled 5.5% on Friday, a day after one of its biggest tech bets, Uber Technologies, priced its initial public offering at the low end of the targeted range....
04:16, 05/10/2019

SoftBank's Vision Fund Poised to Reap Big Uber Gain SoftBank’s Vision Fund, the world’s largest technology investor, is set to be a big winner on Uber’s blockbuster IPO this week, with a paper profit of roughly $3 billion in about 16 months....
03:00, 05/08/2019

Wirecard sees profit potential of Softbank alliance at up to 273 million euros Wirecard sees the total five-year profit potential from its alliance with Japan's Softbank Group Corp at between 209 million euros and 273 million euros ($235-$307 million), the German payments company said on Friday....
12:00, 05/10/2019

Japan's SoftBank taps into Mexican fintech startup Clip: sources Japan's SoftBank Group invested about $20 million in Mexican payments startup Clip early this year, one of its first Latin America deals as it launches a $5 billion technology fund in the region, said three people familiar with the matter....
11:32, 05/06/2019

Rappi to triple number of cities in Brazil where it operates after SoftBank deal Latin American unicorn Rappi expects to more than triple the number of cities where its delivery app operates in Brazil using most of a $1 billion cash injection by Japan's SoftBank, its President and co-founder said on Thursday....
16:48, 05/09/2019

UPDATE 1-Japan's Softbank to announce $1 bln investment in delivery app Rappi on Tuesday Japan's Softbank is expected to announce on Tuesday a $1 billion investment in Colombian delivery app Rappi, one source with knowledge of the matter said....
05:48, 04/30/2019

Wirecard eyes share buybacks, sales leads from Softbank alliance German payments firm Wirecard is considering buying back shares following its partnership with Japan's Softbank Group which it said on Wednesday had already created leads for potential cooperation in digital payments....
09:32, 05/08/2019

SoftBank leads funding round for Berlin travel startup GetYourGuide Berlin travel startup GetYourGuide said on Thursday it had raised nearly $500 million from investors led by SoftBank's Vision Fund to expand its online offering of tours and activities that has won a following among millennials....
10:32, 05/16/2019

SoftBank profits rise, party on gains from Saudi-tied fund TOKYO (AP) — Japanese internet company SoftBank has reported a 36% increase in profit for the fiscal year through March from the previous fiscal year, partly on gains from its Vision Fund. After the killing of Saudi journalist Jamal Khashoggi, SoftBa...
00:16, 05/09/2019

Japan's SoftBank set for small profit rise, Vision Fund IPO plans eyed Japan's SoftBank Group Corp is expected to report a small rise in its fourth-quarter profit, while investors look for details on whether the conglomerate plans to monetize its almost $100 billion Vision Fund through an IPO....
18:32, 05/06/2019

Softbank CEO Masayoshi Son is Warren Buffett of tech, says Silicon Valley hedge funder Glen Kacher Silicon Valley hedge fund founder Glen Kacher is bullish on Japan's SoftBank and it's in large part because of its founder and CEO, Masayoshi Son....
12:00, 04/29/2019

China's Nio has the industry watching Traditional automakers see startup Nio as a model for a new way of doing business in an industry facing an onslaught of technologies from electrification and connectivity....
22:48, 04/28/2019

Another Six Months of Uncertainty for the Auto Industry President Trump’s dispute with China is hogging the headlines, with good reason, but he also has other targets in his sights, notably the German and Japanese car industries. These got a reprieve Wednesday, but only a temporary one. Worries are bound ...
08:16, 05/16/2019

A New-Look TV Industry Descends on Madison Avenue Advertisers will get their first look this week at what the broadcast networks have cooked up for the fall TV season. The major networks all have fresh faces calling the shots on their programming after a year of big change in the industry....
17:00, 05/12/2019

'Jaguar is showing that the UK car industry is still the best in the world' Opinion 28 Apr, 2019 Jaguar and Ian Callum have both proved that the UK motor industry is not on its knees after all, says Mike Rutherford...
03:00, 05/02/2019

Trade war gutting U.S. lobster export industry The trade war with China that U.S President Donald Trump is threatening to escalate is already hitting lobster exporters in the Northeast and benefitting their competitors in Canada. (May 9)        ...
16:00, 05/09/2019

Venezuela oil minister says economy, oil industry under U.S. siege Venezuelan Oil Minister Manuel Quevedo said on Sunday his country's economy and oil industry was under economic and financial siege by the U.S. government....
09:16, 05/19/2019

Brazil's economy contraction more likely after industry collapse Output tumbled 1.3 percent in March, its worst reading in six months. In the 12 months through March, Brazil’s industrial production contracted for the first time since 2017, the national statistics bureau reported Friday. Exports to Argentina also d...
10:00, 05/03/2019

Index Industry Association Welcomes Three New Members New York, May 9, 2017 – Index Industry Association (IIA), a global organization of index administrators, has today announced the addition of three new members. CBOE Holdings (CBOE), China Central Depository & Clearing Co., Limited (CCDC) and the Toky...
07:00, 05/01/2019

Why I (Still) Love Tech: In Defense of a Difficult Industry Technology is just another human creation—like religion or government or sports or money. It's not perfect, and it never will be. But it's still a miracle....
09:00, 05/14/2019

Canada’s recycling industry is on life-support. Here’s how to fix it B.C. is the only place in Canada where producers pay for and run the recycling system, and the success is evident. But is it enough — or is it also time for governments to step in?...
05:16, 05/01/2019

The beauty industry now has its own green 'seal of approval' Environmental Working Group has launched EWG Verified, a label that will help consumers spot products that meet stringent ingredient and transparency requirements It may soon be easier for shoppers to find beauty products without toxic chemicals. The...
07:32, 05/01/2019

How the retail industry will top $5.5 trillion by 2020 (TGT, WMT, AMZN) The future of retail is looking bright. So bright that Business Insider Intelligence, Business Insider’s premium research service, expects the industry to top $5.5 trillion by 2020! While in-store and desktop purchases are certainly helping th...
18:48, 05/05/2019

How the UK electronics industry lost its spark | Letters Blame for the fall of GEC rests with its boss, Arnold Weinstock, says Tim Webb. Plus letters on the collapse of a once-great British electronics sector from Roger Cooper, Michael Prior, Alan Burkitt-Gray and David Murray Aditya Chakrabortty is basica...
16:00, 05/09/2019

'We are hammering the last nail in the coffin of the fracking industry' Direct action has spooked the government, shackled the shale gas companies and raised public awareness. Are protesters winning the fight against the frackers?It was always a poisoned chalice, mediating between multinational fracking firms and the loc...
00:00, 05/08/2019

8 incredible facts about the booming US marijuana industry Barbara Corbellini Duarte/Business Insider The US marijuana industry is worth billions of dollars, and is showing no signs of slowing down. Ten US states have legalized recreational marijuana use, and 33 have legalized medicinal use. Read on for eig...
01:00, 05/08/2019

Finland’s new cryptocurrency regulation forces AML on industry Cryptocurrency businesses in Finland will now have to register with the country’s financial watchdog. As a result of the ACT OF VIRTUAL CURRENCY PROVIDERS, which comes into force on May 1, businesses will have to adhere with statutory requirements, i...
15:32, 04/29/2019

Capital markets: From cottage industry to powerhouse When the newspapers of the day refused to publish prices from the new international bond market growing up at the end of the 1960s, Euromoney was founded to report on the business. The rise of international capital markets since has been astonishing,...
11:00, 04/28/2019

Dealerships still key to an evolving industry, says Seat boss Established manufacturers have a clear advantage over start-ups when it comes to getting customers into cars, according to Luca de Meo Dealerships will remain a core part of Seat’s sales network, as it gives the firm a “massive advantage” over start...
00:00, 05/10/2019

Digital transformation for the healthcare industry: five things to consider While every industry is facing increasingly stringent levels of regulation and oversight, none is more tightly regulated than healthcare and pharmaceuticals. In a context of highly complex day-to-day operations, the central risk to patients’ l...
05:00, 05/08/2019

Microsoft’s HoloLens 2 has become the AR industry’s dullest thud So far, HoloLens 2 looks a lot like its predecessor: boring and unlikely to get the mainstream attention it needs to become more than a footnote in history.Read More...
18:32, 05/06/2019

FedEx CIO Looks to Industry Collaboration to Scale Blockchain Blockchain is expected within a few years to become an “inevitable and essential” tool in tracking goods and reducing fraud in the supply chain, said FedEx’s CIO—but collaboration will be needed for the technology to really take off....
18:32, 04/29/2019

After disrupting shaving industry, Harry’s is absorbed by it NEW YORK (AP) — Harry’s, the upstart shaving company, is being acquired by the owner of Schick razors for $1.37 billion. Harry’s has bedeviled brands like Schick and Gillette for years using innovative subscription plans and sleek packagi...
05:32, 05/09/2019

Argentina auto industry, hit hard by recession In the midst of the recession, the Argentine automotive industry is struggling to both sell and produce cars and so far the latest statistics from the chamber of concessionaires reveals that sales have plunged 54.5% year-on-year in March....
19:48, 04/30/2019

Kenya clamps down on gambling ads, says industry endangering lives Kenya introduced new gambling regulations on Thursday, including banning advertising outdoors and on social media, the interior minister said, after highlighting last month how it had become a problem for the young and poor....
12:48, 05/02/2019

Extinction Rebellion urges ad industry to use its power for good Letter to senior figures urges them to use their power to influence public opinion on climate changeEnvironmental activists Extinction Rebellion have turned their fire on the advertising industry in a public letter, encouraging it to use its expertis...
00:16, 05/19/2019

Beyond Meat preps for IPO as rivals take bite out of food industry Startup is the latest ‘unicorn’, with a valuation of about $1.2bn, to go public as its competitor launches the Impossible WhopperWall Street is going vegan. At some point in the next four weeks, Beyond Meat, a pioneering plant-based meat alternative ...
14:32, 05/01/2019

Men are a multibillion dollar growth opportunity for the beauty industry The men's personal care industry is predicted to hit $166 billion by 2022, according to Allied Market Research. Last year, men's skin-care products alone saw a more than 7% jump in sales, according to market researcher NPD Group....
11:00, 05/18/2019

The next Uber will come from the $1.2 trillion global truck and shipping industry The shipping business is huge and inefficient. But a number of start-ups, including Flexport and Convoy, which was founded by former Amazon executives, have leaped into the market with some technology-driven solutions....
10:32, 05/15/2019

Most health care industry profits go to drug companies Big Pharma eats up a lion’s share of health care industry profits, according to new first-quarter financial reports — and its dominance has implications for Americans struggling to pay for prescription drugs. More than half of total industry profits ...
17:48, 05/13/2019

We’ve been missing a big part of game industry’s digital revolution Enlarge / Data! Pew-pew! (credit: Aurich / Getty / Konami) Fig. 1: A year ago, NPD thought US game market revenue had been pretty flat. Now, the tracking firm realizes the market has been growing consi...
06:32, 05/02/2019

Will India Have 100 Internet Unicorns by 2025? What Industry Stalwarts Say Paytm founder Vijay Shekhar Sharma, angel investor Rajan Anandan, Kalaari Capital MD Vani Kola, and others highlight the growth of Internet startup space in India....
08:48, 05/03/2019

Trump slaps new U.S. sanctions on Iran's metals industry President Donald Trump on Wednesday ordered new sanctions on Iran, this time targeting the Islamic Republic's export revenues from its industrial metals sector, and vowed to keep squeezing Tehran unless it "fundamentally alters" its policies....
20:32, 05/08/2019

Music industry takes aim at Fortnite over song royalties Songwriters and composers look to use new copyright laws to cash in on the boom in online gamingThe global phenomenon Fortnite recently attracted millions of fans to a virtual gig by the real-world DJ Marshmello and now songwriters and composers are ...
05:10, 05/01/2019

Straight up: How the Kentucky bourbon industry is going high tech Bourbon is one of the most popular spirits in the world. Some Kentucky distilleries are adding data analytics, automation, IoT sensors, and RFID tags to streamline production....
15:48, 04/30/2019

The Cottage Industry for Artists Among the 'Game of Thrones' Faithful From illustrations to sculptures, HBO is showing off standout creations by hobbyists and paying professional artists to produce gallery-quality pieces. Others, meanwhile, operate in a gray area between homage and copyright infringement....
09:48, 05/06/2019

Helium Shortage Is Hurting Parties and the Pharmaceutical Industry Helium is not only used for balloons. It’s a critical material in the pharmaceutical industry — a field that’s taking a hit with the ongoing shortage of this non-renewable element. The shortage has already hurt the party industry. P...
18:48, 05/11/2019

The Honor 20 series ushers in an industry-first 'holographic' design Buoyed by the distinct appeal of its phones, the Honor brand was on a roll last year with sales rising double digits in a stagnating market. The phone maker is determined to keep the momentum going with its upcoming Honor 20 series that will be annou...
03:16, 05/10/2019

Indonesia says ramping up push against mercury in mining, industry Indonesia on Tuesday said it was beefing up its efforts to phase out the use of toxic metal mercury in sectors such as mining, healthcare and manufacturing....
05:32, 05/07/2019

Macron takes aim at U.S. in push for fairer tech industry President Emmanuel Macron on Thursday took a swipe at the freewheeling U.S. business model, saying the private sector had too much influence on U.S. policy and Europe should offer a middle way between China's state control and U.S. laissez-faire....
10:32, 05/16/2019

Credit Card Processor Cuts Ties With CBD Industry FILE – In this April 24, 2018, file photo, the first rendering from hemp plants extracted from a super critical CO2 extraction device on its’ way to becoming fully refined CBD oil spurts into a large beaker at New Earth Biosciences in Sal...
13:16, 05/15/2019

U.S. oil-storage industry fines soar on air, water violations Fines for violations of air, water and waste regulations by U.S. petroleum storage facilities so far this year have exceeded all of last year - even without including two major Houston-area disasters in the last month still under investigation - acco...
08:00, 04/29/2019

Iran says U.S. sanctions on its oil industry will damage market stability U.S. sanctions against Iran's oil industry will damage the stability of global oil markets, a senior Iranian official was quoted as saying on Monday....
08:00, 04/29/2019

Ocasio-Cortez, Sanders to take on credit card industry with new legislation Rep. Alexandria Ocasio-Cortez and Sen. Bernie Sanders will propose legislation Thursday to cap credit card interest at 15 percent. Sanders, a Democratic presidential candidate, said a decade after taxpayers bailed out the big banks at the beginning o...
11:32, 05/09/2019

Dire new figures show the cable industry is now losing 14,000 subscribers every day At this point, it’s pretty hard to argue that the traditional pay TV industry is not living on borrowed time, as it continues to bleed subscribers who are increasingly flocking to cheaper, streaming solutions. 2018 hit the industry particularly...
21:48, 05/08/2019

Sprint lost more subscribers in a key segment of the industry than its three rivals combined Sprint's best bet for staying alive is to merge with T-Mobile. Never was that more apparent then after Sprint released its fiscal fourth-quarter earnings the other day. While T-Mobile continues to add net postpaid phone connections (656,000 in its la...
10:00, 05/08/2019

Horse Deaths are Threatening the Racing Industry. Is the Sport Obsolete? A Kentucky family in the horse business for decades says action to address the health of the animals is overdue. The consequences of inaction could be catastrophic....
04:16, 04/29/2019

Greening the chemical industry requires massive amount of renewables To go green, the chemicals industry could use carbon dioxide from the air instead of fossil fuels, but this would require vast amounts of renewable energy...
13:48, 05/13/2019

Imogen Heap Is Building Tech to Change the Music Industry The singer-songwriter discusses her projects to help musicians, including a digital hub for artists and WiFi-connected gloves that control sound with movement...
04:32, 05/10/2019

Trade war hurting the U.S. ethanol industry 'badly': U.S. Grains Council The U.S.-China trade war is hurting the U.S. ethanol industry "badly," Mike Dwyer, chief economist of the U.S. Grains Council, said on Wednesday at an event at New York Sugar week:...
17:48, 05/15/2019

Boost.ai aims to reshape customer service industry with conversational AI Online customer service is a profession with one of the highest employee turnover rates which poses a big challenge for businesses in that segment. Many organisations have switched to chatbots to automate such work though the results aren’t al...
07:32, 05/01/2019

Mobile industry and tech channel moves for April 2019 Got some good news to share with us about your moves? Send the details to desire.athow@futurenet.com with a photo if possible. Max Taylor rejoins Vodafone Max Taylor has rejoined Vodafone as consumer director. Taylor had previously spent a decade a...
03:00, 04/29/2019

Argentina’s beloved book industry hopes to weather crisis As the hugely popular Buenos Aires Book Fair opens its doors to the public once again, the chills of the economic downturn are being felt across the publishing sector....
10:48, 04/28/2019

Kentucky's bourbon industry goes high tech: The inside story Watch Teena Maddox tour Buffalo Trace, Wild Turkey, and Bardstown Bourbon Company, and learn how the distilleries use data analytics, RFID, and more tech to streamline production and distribution....
18:48, 04/30/2019

Homophobic remarks by Brazil's president could harm tourism industry Brazilian President Jair Bolsonaro's comment that the country must not become a "gay tourism paradise" sparked fears that LGBTQ people will avoid traveling to the country, fearing the possibility of violence, according to advocates and industry repre...
09:32, 04/28/2019

UPDATE 2-UniCredit chairman does not rule out industry rescue of Carige Italy's banks could come to the rescue of Carige to safeguard financial stability after U.S. asset manager BlackRock dropped a planned bid for the struggling regional lender, the chairman of UniCredit said on Wednesday....
11:48, 05/15/2019

Car industry warns of return to 'dark days' as manufacturing falls again UK car manufacturing fell for the tenth month in the row in March as the industry warned that output from the sector could fall to 1980s levels in the event of a no-deal Brexit....
23:32, 04/29/2019

UPDATE 1-Macron takes aim at US in push for fairer tech industry President Emmanuel Macron on Thursday took a swipe at the freewheeling U.S. business model, saying the private sector had too much influence on U.S. policy and Europe should offer a middle way between China's state control and U.S. laissez-faire....
06:16, 05/16/2019

Energy Industry Confronts Sexual Misconduct and Harassment Allegations When Whiting Petroleum hired its chief executive in 2017, the company was unaware that allegations of sexual misconduct and harassment had been brought against him at his previous employer, according to a person familiar with his hire....
10:48, 04/28/2019

China and Huawei need US more than America needs them in 5G wireless race, say industry insiders Trump's new order effectively blacklisting Huawei from the U.S. market will not hurt America in the race to build out next-generation 5G wireless technology, a well-known CEO and a top telecom investment banker say....
15:32, 05/17/2019

China to announce rules soon to regulate commercial rocket industry China's national space agency said on Tuesday it will soon announce rules to regulate commercial rocket manufacturing, test flights and launches, state media reported, as the number of private startups in the nascent sector surged in the past year....
16:00, 04/28/2019

Auto industry says cybersecurity is a significant concern as cars become more automated The auto industry is downplaying a report that a hacker’s use of GPS trackers allowed him to monitor the location of thousands of vehicles in commercial fleets and even turn off their engines....
13:32, 04/30/2019

UPDATE 1-UniCredit chairman does not rule out industry rescue of Carige Italy's banks could come to the rescue of Carige to safeguard financial stability after U.S. asset manager BlackRock dropped a planned bid for the struggling regional lender, the chairman of UniCredit said on Wednesday....
06:16, 05/15/2019

Ericsson: 5G can boost enterprise revenue, but security controversy slowing down industry Touting its low latency and high speeds, Ericsson says 5G can introduce a multitude of new applications for businesses and give telcos the cost efficiencies they seek, but the persistent controversy over cybersecurity--specifically involving Huawei--...
05:32, 05/03/2019

30 years of data shows the music industry peaked when Napster hit the scene The music industry, like all industries, has changed a lot over the last 30 years due to advancements in technology and the advent of the internet. A new graph from the data experts at Chartr shows just what that change has meant in terms of what kin...
17:16, 05/07/2019

Daily on Energy: Industry to broach the topic of carbon pricing with Congress SIGN UP! If you’d like to continue receiving the Washington Examiner's Daily on Energy newsletter, SUBSCRIBE HERE: http://newsletters.washingtonexaminer.com/newsletter/daily-on-energy/...
17:48, 05/16/2019

Julianne Moore believes in 'quotas' for gender parity in movie industry Julianne Moore said Wednesday that larger efforts are needed in order for the movie industry to reach gender parity, and that means implementing quotas....
05:48, 05/16/2019

Democrat Warren targets Pentagon contractors, calls industry corrupt U.S. Senator Elizabeth Warren, a Democrat seeking her party's presidential nomination, on Thursday called for new rules governing Pentagon contractors, saying the industry has become too close to Defense Department officials....
05:48, 05/16/2019

PlayStation accounts for one-quarter of game industry’s $29.4 million TV ad spend in April PlayStation ramped up its marketing in April and ended the month accounting for 26.9% of all gaming-industry ad spend on national broadcast and cable TV.Read More...
10:32, 05/11/2019

Autocar names Great British Women in the Car Industry sponsors for 2019 Nissan, Toyota and CDK Global confirmed as headline sponsors for Autocar’s Great British Women in the Car Industry – Rising Stars event This year’s Autocar’s Great British Women in the Car Industry – Rising Stars initiative, in partnership with the ...
05:32, 05/01/2019

'Disastrous' lack of diversity in AI industry perpetuates bias, study finds Report says an overwhelmingly white and male field has reached ‘a moment of reckoning’ over discriminatory systemsLack of diversity in the artificial intelligence field has reached “a moment of reckoning”, according to new findings published by a New...
05:10, 05/01/2019

Deadly Swine Fever Is Ravaging China’s Pork Industry, and It May Be Spreading Along the Gulf shores of Texas and Louisiana there is a complex of deep, underground caverns. Inside each of these enormous caves – each of which is large enough to easily fit Chicago’s Willis Tower inside — the U.S. government keep...
01:32, 05/06/2019

Airlines, travel industry warn of excessive U.S. entry wait times Groups representing major U.S. airlines, airports and travel industry companies on Friday urged U.S. Senate leaders to back additional funding for Customs and Border Patrol (CBP) officers as the Trump administration said on Friday it was shifting add...
15:16, 05/10/2019

Industry veteran Finbarr O'Neill takes helm at F&I firm APCO Finbarr O'Neill, 67, retired as CEO of J.D. Power in March 2018. Prior to that, he held leadership roles with automakers and dealership services giant Reynolds and Reynolds....
02:48, 05/17/2019

Avengers Stunt Performer Reflects on Being a Black Woman in the Movie Industry Chances are, you’ve seen Jazzy Ellis perform stunts in your favorite movie or TV show. Some past projects include the Avengers: Infinity War and Avengers: Endgame, Ride Along 2, The Walking Dead and Black Lightning. But, of course, it’s not easy bein...
04:16, 05/02/2019

Bad loans were killing the taxi industry long before Uber and Lyft: report The financial woes of the city taxi market may not be entirely the fault of ride-hailing companies — the industry was a house of cards waiting to collapse, a report says. An investigation by the New York Times Sunday put the blame on industry leaders...
08:32, 05/19/2019

Banking: What Santander’s failure to appoint Andrea Orcel as CEO means for the industry Spanish-based group will struggle to overcome fall-out of recruitment U-turn, while Orcel’s situation raises broader questions for banks’ hiring and compensation strategies....
11:00, 04/28/2019

Farm industry in the dark about Trump's promised aid for China trade fight President Trump has promised as much as $15 billion in aid to the agricultural industry to make up for China's retaliatory tariffs, but farm trade associations say they don't know yet how the assistance would work....
22:00, 05/14/2019

White House Launches Survey Looking for Tech Industry Anti-Conservative Bias SAN FRANCISCO — On the heels of President Donald Trump’s repeated assertions claiming anti-conservative bias by tech companies, the White House has launched an online form asking people to share their experiences if they think political p...
20:16, 05/15/2019

Georgia governor delays film industry trip amid abortion ban fallout ATLANTA — Georgia Gov. Brian Kemp has delayed an annual trip to Los Angeles to promote Georgia’s film industry as movie executives, producers and actors criticize the state’s new abortion ban. The Atlanta Journal-Constitution reports the ...
03:00, 05/15/2019

After game industry failure, Curt Schilling agrees to pay back Rhode Island Schilling poses with the Collector's Edition of 38 Studios' sole release, Kingdoms of Amalur. The long, winding saga of baseball star Curt Schilling's massive business failure in the video game industry may finally be reaching its end. As The Asso...
06:32, 05/02/2019

The Payment Industry Ecosystem: The trend towards digital payments and key players moving markets Business Insider Intelligence This is a preview of a research report from Business Insider Intelligence. Current subscribers can read the report here. The digitization of daily life is making phones and connected devices the preferred payment tools f...
23:32, 05/15/2019

Presidential Candidate Jay Inslee Proposes Shutting Down America's Coal Industry in a Decade Jay Inslee, the first presidential candidate running on climate change, has a plan to deal with, uh, climate change. After laying out four guiding pillars for his candidacy, Inslee released the first major piece of his policy platform on Friday. One ...
10:16, 05/03/2019

Brazil air travel to grow 4%-5% in 2019 despite Avianca Brasil trouble -industry group Air travel in Brazil will grow between 4% and 5% in 2019, the president of industry group ALTA said on Friday, despite challenges facing No. 4 airline Avianca Brasil, which has lost most of its fleet....
13:00, 05/10/2019

Bajaj Auto Beats Industry Slowdown, Posts 21 Per Cent Growth In Net Profit Bajaj Auto bucked the trend of an overall industry slowdown and posted better than expected results in the fourth quarter of the financial year 2018-19, as well as overall numbers for FY 2019....
07:16, 05/17/2019

Celebrity chefs Giada, Ramsay and Fieri on how industry can attract millennials, deal with wage hikes While people may associate New York City, Los Angeles, Paris or London as the places with the finest cuisine, Las Vegas has become a destination for some of the most renowned chefs....
12:00, 05/14/2019

Tobacco company Reynolds blames teen vaping crisis on Juul in fighting FDA plan to rein in industry The FDA in March proposed limiting sales of fruity e-cigarette flavors to age-restricted stores to curb what it has labeled a teen vaping "epidemic." Reynolds says the plan is "overly broad" and the FDA should instead focus on Juul....
10:32, 05/02/2019

13 vintage photos of the auto industry during America's first auto boom Bettmann/ Getty Henry Ford's Model T automobile created an auto boom in the US in the early 1900s. There were less than 200,000 cars on the road before Ford released the Model T. At its peak, the Model T cost just $575, which was less than the aver...
08:32, 05/01/2019

CBOE Vest Technologies and The Options Industry Council (OIC) Offer Options Strategy Builders Tool on OIC Website CHICAGO -- August 17, 2017 -- CBOE Vest Technologies, a software company enabling users to work with target outcome investment strategies, and the Options Industry Council (OIC), a provider of unbiased options education, are working together to educa...
06:32, 05/01/2019

States call pornography a public health crisis; porn industry decries 'fear mongering' From Idaho to Pennsylvania, lawmakers in more than a dozen states have adopted resolutions declaring pornography a public health crisis.        ...
20:16, 05/09/2019

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...
10:48, 05/07/2019

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...
07:32, 05/11/2019

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....
10:48, 05/16/2019

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'...
06:32, 05/02/2019

IBM Plans $20 Billion Bond Sale International Business Machines is planning to sell around $20 billion of bonds to help fund its purchase of Red Hat, adding to a busy week for corporate debt issuance....
12:32, 05/08/2019

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....
18:16, 05/14/2019

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....
17:48, 05/09/2019

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......
20:00, 05/13/2019

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....
12:00, 05/02/2019

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....
10:32, 05/15/2019

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...
06:32, 05/01/2019

Qualcomm to Get at Least $4.5 Billion in Apple Settlement Qualcomm will receive at least $4.5 billion as part of a legal settlement with Apple that ended more than two years of wrangling over the chip maker’s patent-licensing fees....
16:32, 05/01/2019

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....
17:32, 05/15/2019

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....
12:32, 05/12/2019

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 percent....
05:48, 05/03/2019

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....
11:48, 05/12/2019

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...
07:16, 05/10/2019

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....
07:00, 04/30/2019

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

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...
07:32, 05/09/2019

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...
19:32, 05/07/2019

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....
04:32, 05/09/2019

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...
08:16, 05/08/2019

$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....
02:00, 05/07/2019

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....
09:16, 05/02/2019

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....
09:00, 05/18/2019

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....
10:16, 04/28/2019

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....
08:00, 05/07/2019

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....
09:00, 04/29/2019

Hewlett Packard Enterprise to Buy Cray for $1.3 Billion Hewlett Packard Enterprise agreed to buy supercomputer maker Cray in a deal valued at about $1.3 billion, as part of efforts to invest in high-performance computing....
08:32, 05/17/2019

China raising tariffs on $60 billion in US goods HONG KONG – China plans to impose tariffs on $60 billion worth of U.S. goods, the finance ministry said on Monday, after the United States escalated a bitter trade war with a tariff hike on $200 billion of Chinese products. China will impose ta...
06:16, 05/13/2019

$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......
11:32, 05/03/2019

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...
06:32, 05/01/2019

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...
20:48, 05/01/2019

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...
17:16, 05/13/2019

The Latest: Expert says $2 billion award likely reduced SAN FRANCISCO (AP) — The Latest on $2 billion verdict against Monsanto (all times local): 4 p.m. A law professor says it’s likely a trial judge or appellate court will significantly reduce a Northern California jury’s $2 billion punitive ...
17:16, 05/13/2019

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....
12:00, 05/05/2019

Uber drivers protest, but $9 billion IPO rides on Despite calls for strikes by Uber drivers, there was little initial evidence of a lack of drivers in London or New York, two of Uber’s largest markets, with the app showing numerous rides available. ...
13:16, 05/08/2019

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...
06:00, 05/02/2019

$5 billion Facebook, FTC deal could add more privacy oversight While previous rumors about a possible settlement between Facebook and the FTC over its privacy failings focused on dollar figures and CEO Mark Zuckerberg, Politico reports that it could also create new executive positions. That could mean "appointin...
04:00, 05/02/2019

US government records $160.3 billion April surplus WASHINGTON (AP) — The federal government recorded a $160.3 billion surplus in April as revenues jumped to an all-time high. But even with a flood of tax receipts, the deficit so far this year is running 37.7% higher than a year ago. The Treasury Depa...
11:48, 05/10/2019

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...
08:48, 05/15/2019

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....
15:00, 05/13/2019

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....
15:00, 04/30/2019

CBOE ELECTS SIX INDIVIDUALS TO BOARD OF DIRECTORS; Public Directors James Boris, Carole Stone and Eugene Sunshine and Industry Directors Benjamin Londergan, William Power and Jonathan Werts All Re-Elected Chicago, November 20, 2008 - The Chicago Board Options Exchange (CBOE) announced that in its annual election held today, Thursday, November 20, the membership elected six individuals to the CBOE Board of Directors to fill expired and vacant positions...
00:32, 05/02/2019

Singapore's GIC Takes Stake in WaterBridge at $2.8 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 $2.8 billion including debt....
15:32, 05/17/2019

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...
02:16, 05/14/2019

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...
02:16, 05/14/2019

EU fines five banks $1.2 billion for foreign exchange rigging Barclays, Citigroup, JP Morgan, MUFG and Royal Bank of Scotland were fined a combined 1.07 billion euros ($1.2 billion) by the European Union on Thursday for rigging the multi-trillion dollar foreign exchange market....
04:32, 05/16/2019

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....
21:16, 05/17/2019

Bayer Shares Fall After $2 Billion Roundup Verdict Bayer shares resumed their monthslong fall after the company was hit by a more-than $2 billion jury award over its Roundup herbicide, marking a sharp escalation in the chemical and drug giant’s legal woes....
04:16, 05/14/2019

NASA Wants $1.6 Billion to Send First Woman to the Moon By 2024 NASA is requesting an additional $1.6 billion in funding for next year to accelerate its manned mission to the Moon by 2024, which the agency revealed will be titled Artemis, the New York Times reported on Monday.Read more......
07:32, 05/14/2019

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....
10:16, 05/14/2019

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....
20:32, 05/08/2019

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....
15:48, 05/13/2019

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....
15:48, 05/13/2019

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...
10:32, 05/10/2019

How toxic company culture is derailing billion-dollar M&As Reputation always matters, but rarely more than in large M&A deals. With M&A worth $3 trillion a year across the US and Europe, even a small reputational issue can cost billions if it makes the difference between a deal taking place or being scuppere...
23:32, 05/09/2019

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...
19:48, 05/15/2019

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...
21:00, 05/10/2019

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...
00:48, 05/11/2019

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...
14:16, 05/16/2019

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....
07:32, 05/11/2019

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....
14:48, 05/15/2019

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....
07:48, 05/13/2019

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....
15:48, 05/09/2019

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....
09:00, 05/13/2019

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....
10:00, 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...
12:00, 05/13/2019

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....
16:32, 05/16/2019

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...
16:32, 05/01/2019

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....
15:32, 04/29/2019

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...
01:16, 05/03/2019

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......
19:32, 05/03/2019

The Latest: Kansas Legislature approves $18.4 billion budget TOPEKA, Kan. (AP) — The Latest on an impasse in Kansas over the state budget and Medicaid expansion (all times local): 11:50 p.m. Kansas legislators have approved a budget that includes extra funds for higher education and the state’s prison sy...
22:32, 05/04/2019

‘Avengers Endgame’ nears global record with over $2 billion LOS ANGELES (AP) — “Avengers: Endgame” has crossed the $2 billion mark at the global box office in record time and is leaving newcomers in its dust. The Walt Disney Co. estimates Sunday that the Marvel blockbuster has added $145.8 million...
09:00, 05/05/2019

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....
06:32, 04/29/2019

'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....
17:16, 05/05/2019

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...
18:32, 05/05/2019

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...
19:16, 04/28/2019

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...
10:48, 05/06/2019

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....
05:32, 05/07/2019

Tesla Completes $2.35 Billion Stock and Bond Sale Tesla 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....
14:00, 05/03/2019

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...
12:48, 05/03/2019

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. (Reporting by Eric Beech)...
16:32, 04/29/2019

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....
08:48, 05/02/2019

Tesla seeks up to $2.3 billion from share, debt issues Tesla Inc launched issues of new shares and debt worth more than $2 billion on Thursday, with Chief Executive Officer Elon Musk pitching in $10 million as the electric carmaker gave in to Wall Street pressure to bolster its cash reserves....
08:48, 05/02/2019

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...
06:32, 05/01/2019

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...
11:00, 05/02/2019

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...
06:16, 05/01/2019

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....
03:16, 05/01/2019

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....
15:00, 04/30/2019

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....
16:00, 05/02/2019

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...
09:00, 04/30/2019

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......
00:16, 05/03/2019

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....
03:00, 05/03/2019

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

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....
15:48, 05/07/2019

‘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....
10:16, 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...
09:16, 04/28/2019

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....
10:32, 05/02/2019

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...
11:32, 05/07/2019

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....
10:16, 04/28/2019

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....
09:16, 04/28/2019

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....
04:32, 05/16/2019

Federal deficit to rise to $900 billion for 2019, highest since 2012: CBO The Congressional Budget Office projected Thursday that the federal deficit would reach $896 billion for fiscal 2019, up $117 billion from the year before....
18:48, 05/02/2019

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...
15:48, 05/13/2019

Puerto Rico Seeks to Have $9 Billion in Debt Ruled Unconstitutional The territory and a group of unsecured creditors brought their complaint against dozens of financial firms, including some of the country’s biggest banks....
20:48, 05/02/2019

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...
17:16, 05/13/2019

UPDATE 1-Sinclair to buy Disney's sports networks in $10 billion deal - WSJ Sinclair Broadcast Group Inc, the largest U.S. broadcast station owner, has reached a deal valued at more than $10 billion to buy 21 regional sports networks from Walt Disney Co, the Wall Street Journal reported on Thursday....
18:16, 05/02/2019

Chevron drops $33 billion pursuit of Anadarko, hands win to Occidental Chevron Corp abandoned its pursuit of Anadarko Petroleum Corp on Thursday, outmaneuvered by a higher rival bid of $38 billion that included more than three times as much cash....
06:32, 05/09/2019

'Avengers: Endgame' Pulverizes Box-Office Records With $1.2 Billion Debut Walt Disney’s “Avengers: Endgame” became the first movie in Hollywood history to gross more than $1 billion in its debut at the world-wide box office....
10:00, 04/28/2019

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....
14:00, 05/13/2019

GE burned through $1.2 billion. Wall Street is happy it wasn't worse General Electric's industrial businesses burned through $1.2 billion in the first three months of 2019, yet the embattled company performed better than feared....
05:48, 04/30/2019

The billion point laser cloud that will help rebuild Notre Dame On April 15th, 2019 around 6:40 pm, I was walking around the Jardin du Luxembourg park in Paris with some friends when we saw some yellow colored smoke in the sky. We thought nothing of it, but soon discovered, shocked, that one of the most famous la...
12:16, 04/29/2019

Trump seeks $4.5 billion to help with surge in migration at southern border The Trump administration on Wednesday asked Congress for $4.5 billion in immediate emergency funding to help address a surge in migration at the U.S. southern border, saying the situation has overwhelmed government resources....
11:00, 05/01/2019

UN Owes Peacekeeping Nations $3.6 Billion, India Voices Concern India, which is owed $38 million by the UN for peacekeeping operations, has voiced concern over the "unjustifiable and inexplicable" delays in reimbursement to countries providing peacekeeping troops......
04:32, 05/18/2019

Standard Chartered Signals Progress With $1 Billion Buyback Plan Standard Chartered is planning its first share buyback in two decades, in a signal of its return to health after a multiyear restructuring and the settlement of a sanctions probe....
01:32, 04/30/2019

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....
09:00, 05/16/2019

President Trump’s Businesses Lost More Than $1 Billion Over Ten Years, According to Report (WASHINGTON) — President Donald Trump said Wednesday a New York Times report that his businesses lost more than $1 billion from 1985 to 1994 was “highly inaccurate.” He contended the reported losses were “non monetary,” ...
06:48, 05/08/2019

EU regulators fine five banks 1.07 billion euros for forex rigging EU antitrust regulators on Thursday fined Barclays, Citigroup, JPMorgan, MUFG and Royal Bank of Scotland a total of 1.07 billion euros ($1.2 billion) for rigging the spot foreign exchange market for 11 currencies....
03:48, 05/16/2019

GM considers investing $1 billion in its Missouri plant, state officials say General Motors Co is considering a $1 billion investment at its Missouri assembly plant where it builds vans and trucks, state officials said on Thursday....
14:48, 05/02/2019

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....
12:32, 05/14/2019

What does Clash of Clans maker’s $10 billion sale say about the future of gaming? Congratulations, guys... you and the rest of the Clash of Clans crew now anchor a $10 billion mobile gaming powerhouse. We've been hearing for years how mobile gaming has been growing at nearly inconceivable rates and will soon become the dominant...
06:32, 05/02/2019

Warren releases $100 billion plan to combat opioid epidemic WASHINGTON (AP) — Democratic presidential candidate Elizabeth Warren has unveiled a new version of her plan to combat America’s opioid epidemic, proposing to spend $100 billion over 10 years on battling the public health consequences of addicti...
11:16, 05/08/2019

NJOY, a Once Bankrupt E-Cigarette Maker, Now Seeks $5 Billion Valuation E-cigarette maker NJOY Holdings is pursuing a funding round that would value the company at as much as $5 billion, and it is trying to interest big tobacco companies looking to take a run at market leader Juul Labs....
16:32, 05/01/2019

Trump asks Congress for $4.5 billion more in emergency border money Citing what it calls a crisis spurred by an influx of migrant families and unaccompanied children at the southern border, the Trump administration is asking Congress for more funding....
13:16, 05/01/2019

Volkswagen Is Spending a Billion on a Battery Factory to Try to Leapfrog Tesla There may be a day that Tesla looks back on all this—the Roadster, the S, those troublesome early Xs—and laugh at how simple it was. Volkswagen is rolling in. All that and more in The Morning Shift for May 15, 2019....
10:32, 05/15/2019

Rainbow Six: Siege eclipses $1.1 billion in bookings and 45 million players Ubisoft said today that Rainbow Six Siege has topped more than €1 billion ($1.12 billion) in cumulative net bookings since the game's release in 2015.Read More...
13:00, 05/15/2019

Uber drivers set to protest around the world ahead of the company's $90 billion IPO Drivers are also expected to stage protests against Uber and Lyft in at least eight cities around the U.S., including New York, Chicago and San Francisco....
03:00, 05/08/2019

Facebook could have nearly 5 billion dead users by 2100, research claims Hundreds of millions of "dead profiles" will be added to Facebook's network in the next few decades, a study found, raising questions about how the data of the deceased is being handled....
06:32, 05/01/2019

WeWork starts $2.9 billion property platform with Canada's CDPQ The We Company, parent of workspace provider WeWork, said on Wednesday it has created a $2.9 billion real estate investment platform with funding from one of Canada's largest pension funds, building on ties with private equity firm the Rhone Group....
17:48, 05/15/2019

Tesla closes $2.7 billion mixed offering of shares, debt Tesla Inc said on Wednesday it closed its $2.7 billion offering of stock and convertible notes and that it was over-subscribed, giving the electric carmaker much needed cash as it ramps up production....
08:00, 05/08/2019

Mozambique needs $3.2 billion for post-cyclone reconstruction: local media Mozambique will need about $3.2 billion in aid to rebuild infrastructure destroyed by two recent cyclones, government officials were quoted by local media as saying....
19:16, 05/15/2019

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....
22:16, 05/13/2019

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....
21:00, 05/13/2019

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....
23:16, 05/15/2019

Buffett's Berkshire helps bankroll Occidental's $38 billion bid for Anadarko 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....
18:00, 04/30/2019

Lyft Loss Widens To $1.1 Billion, Unveils Waymo Partnership Lyft said Tuesday its loss in the past quarter widened to $1.1 billion in the ride-hailing giant's first financial report as a public company, as it announced it was teaming up with former Google car......
07:16, 05/08/2019

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...
20:00, 05/14/2019

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....
09:16, 05/16/2019

Occidental tweaks $38 billion Anadarko bid to remove shareholder vote Occidental Petroleum Corp increased the cash component of its $38 billion bid to acquire Anadarko Petroleum Corp on Sunday, removing a requirement for any deal to receive the approval of Occidental's shareholders....
19:00, 05/05/2019

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...
14:32, 05/16/2019

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....
16:00, 05/17/2019

Scientists model DNA gene with first billion-atom biomolecular simulation Scientists have for the first time created a billion-atom biomolecular simulation. Researchers designed the computer model to simulate a single DNA gene....
10:48, 04/28/2019

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....
17:48, 05/16/2019

UK regulator blocks Sainsbury's $9.4 billion takeover of Walmart's ASDA Britain's competition regulator on Thursday blocked Sainsbury's proposed 7.3 billion pound ($9.4 billion) takeover of Walmart-owned Asda - a huge blow to the supermarket groups who wanted to combine to overtake market leader Tesco....
19:32, 04/28/2019

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....
13:48, 05/17/2019

Amazon pulls in $3.6 billion profit and says it will offer free one-day shipping The company’s lucrative advertising and cloud computing businesses notched the bulk of its profits and helped boost margins even as sales growth slowed....
10:32, 04/28/2019

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...
12:00, 05/10/2019

Avengers: Endgame Breaks Box-Office Records With $1.2 Billion-Opening Fans around the globe packed movie theaters for the debut of "Avengers: Endgame" over the weekend, pushing total ticket sales for the Walt Disney Co superhero spectacle to a stunning $1.2 billion and......
15:32, 04/28/2019

Earliest known animal was a half-billion-year-old underwater blob The weird ‘Ediacaran’ fossils have stumped scientists for decades - now fatty molecules found inside some of them confirm they are the most ancient animals we know...
12:32, 04/28/2019

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....
12:32, 05/17/2019

Terror Group Behind Sri Lanka Bombings Has Rs 7 Billion In Assets: Police The ISIS-linked Sri Lankan extremist group National Thowheed Jamaath (NTJ), blamed for the Easter Sunday bombings, has been found possessing more than Rs 140 million in cash and other assets worth......
21:48, 05/06/2019

Nearly one billion people in Africa to be protected against yellow fever by 2026 Nearly one billion people will be vaccinated against yellow fever in 27 high-risk African countries by 2026 with support from WHO, Gavi – the Vaccine Alliance, UNICEF and more than 50 health partners. The commitment is part of the Eliminate Yellow f...
14:32, 04/28/2019

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......
01:32, 05/10/2019

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....
20:16, 05/10/2019

How Ajax young guns upset $1.5 billion Champions League He's still only 19, but Matthijs de Ligt has already experienced more big football moments than most top-level professionals can hope for in their entire career....
06:32, 04/29/2019

BMW first-quarter profit falls 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 took a hit from higher investment spending and a 1.4 billion euros ($1.57 bln) legal provision....
00:48, 05/07/2019

Tesla Forced to Raise Over $2 Billion Amid Profitability Struggle Tesla is looking to raise $2 billion, Ford is scaling back V8 production, electric vehicles have to fight solar companies for supplies, and Jaguar has a plan in these trying times. It’s all here in The Morning Shift for Friday, May 3, 2019....
08:32, 05/03/2019

China to Hit U.S. With Tariffs on $60 Billion in Goods Amid Escalating Trade War (BEIJING) — Deepening a trade battle and sending financial markets spinning, China announced Monday it was raising tariffs on $60 billion of U.S. goods in retaliation for the latest hike in U.S. tariffs on its exports. The Finance Ministry said...
06:48, 05/13/2019

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....
02:32, 05/18/2019

Anil Ambani Needs $2 Billion In Asset Sales To Save Last Stronghold Reliance Capital Ltd., his financial services business that almost doubled its profit in five years, had largely remained insulated from the distress plaguing the wider conglomerate....
11:32, 05/03/2019

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....
07:48, 05/09/2019

EU fines Barclays, Citi, JP Morgan, MUFG and RBS $1.2 billion for FX rigging Barclays, Citigroup, JP Morgan, MUFG and Royal Bank of Scotland were fined a combined 1.07 billion euros ($1.2 billion) by the European Union on Thursday for rigging the multi-trillion dollar foreign exchange market....
08:00, 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....
16:32, 05/10/2019

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.        ...
15:16, 05/03/2019

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....
19:48, 05/17/2019

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....
08:00, 05/11/2019

State Department OKs 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 Congress of the certification....
23:00, 05/03/2019

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...
11:32, 05/09/2019

Apple faces a fine as large as $26.6 billion in antitrust probe The Financial Times reports today that complaints made by music streamer Spotify against Apple will be investigated by the EU competition commission. The issue is the 30% cut of revenue that Apple charges apps in the App Store for using its payment s...
22:00, 05/05/2019

UPDATE 4-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....
13:48, 05/17/2019

GSK expects shingles drug sales to exceed $1.3 billion after 'fantastic' quarter GlaxoSmithKline forecast 2019 sales of its fast-growing shingles vaccine Shingrix to be "significantly" more than 1 billion pounds ($1.31 billion) on Wednesday as the British drugmaker outpaced first quarter forecasts....
07:16, 05/01/2019

Japan plans for 10 billion 5G devices by adding 14-digit phone numbers 5G is expected to bring billions of new devices onto cellular networks, and they'll all need phone numbers, so Japan is making its numbers even longer.Read More...
08:32, 05/15/2019

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 ...
04:48, 05/15/2019

Lions Gate's Starz rejected CBS's $5 billion offer about two months ago, sources say Shares of Lionsgate were halted due to volatility on Friday afternoon after rumors that CBS had made an informal offer to buy Starz from the media company spiked the stock nearly 15 percent....
23:16, 05/17/2019

Illinois governor eyes $41.5 billion plan to rebuild state's infrastructure Illinois would spend $41.5 billion over six years to rebuild roads, bridges, schools and other facilities that have fallen into "dire shape," under a preliminary plan floated by Governor J.B. Pritzker on Friday....
15:00, 05/17/2019

FIFA seeks a billion World Cup viewers to boost women's game "FIFA is hoping that over a billion viewers tune in to the Women\u0027s World Cup in France as it continues strategic efforts to grow the game around the globe, but the governing body is still subject to criticism over gender equality."...
13:48, 05/15/2019

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....
07:32, 04/30/2019

Warren Buffett commits $10 billion in Occidental Petroleum for Anadarko takeover Warren Buffett's Berkshire Hathaway will invest $10 billion in Occidental Petroleum if it beats out Chevron in its bid to takeover Anadarko Petroleum.        ...
09:16, 04/30/2019

Barclays, Citigroup and JP Morgan among banks fined $1.2 billion for forex rigging Barclays, Citigroup, J.P. Morgan, MUFG and Royal Bank of Scotland have been fined a total of $1.2 billion by EU regulators for rigging the forex market....
05:00, 05/16/2019

Europe Fines 5 Banks $1.2 Billion for Their Roles in Foreign Exchange Cartels Traders at Barclays, Citigroup, JPMorgan Chase, Mitsubishi UFJ Financial Group and the Royal Bank of Scotland engaged in anti-competitive behavior, the European Commission found....
12:32, 05/16/2019

Lockheed Martin's Sikorsky wins $1.1 billion U.S. defense contract: Pentagon 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....
15:48, 05/17/2019

'Avengers: Endgame' crushes box office records in $1.2 billion global debut Superhero movie "Avengers: Endgame" smashed box office records with global ticket sales estimated at $1.2 billion through Sunday, distributor Walt Disney Co said....
10:00, 04/28/2019

UN welcomes 'record' Brussels conference pledge of nearly $7 billion to support Syrians Foreign ministers from more than 50 countries gathered on Thursday at a joint European Union-UN pledging conference, and pledged to provide a record $6.97 billion, to support millions of Syrians in need both inside the country, and sheltering in host...
15:00, 04/28/2019

Boeing secures $1.5 billion credit line as precaution, with 737 Max sales on hold Boeing obtains a $1.5 billion line of credit, citing financial uncertainty. The move comes during a worldwide grounding of the company's 737 Max airplane following two deadly crashes....
11:32, 04/30/2019

Trump Warns That Rising Border Crossings May Require an Extra $1.4 Billion In a letter to Congress, the administration said the flow of unaccompanied children at the border has exceeded projections of just weeks ago and may require more money for housing and care....
18:00, 05/18/2019

Controversial fossils suggest life began to move 2.1 billion years ago Most biologists think lifeforms evolved the ability to move around about 600 million years ago – tiny burrows in 2.1-billion-year-old rocks challenge the idea...
10:00, 04/28/2019

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....
09:32, 05/17/2019

Nestle makeover advances with $10 billion sale of skin health unit Nestle has entered exclusive talks to sell its skin health business to a consortium led by EQT Partners for 10.2 billion Swiss francs ($10.1 billion), as the food group shifts its portfolio in response to changing consumer demands....
08:00, 05/16/2019

U.S. to hike tariffs on $200 billion worth of Chinese imports: Federal Register The United States will raise tariffs on $200 billion worth of Chinese imports to 25 percent from 10 percent effective on Friday, according to a notice posted to the Federal Register on Wednesday....
09:32, 05/08/2019

'Avengers: Endgame' crosses $2 billion, smashes second-week box office records "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 highest-grossing film ever worldwide....
10:32, 05/05/2019

Egypt’s Qalaa Holdings' revenues to exceed 90 billion EGP next year - chairman Egyptian investment company Qalaa Holdings expects revenues to exceed 90 billion Egyptian pounds ($5.25 billion) next year, its chairman said on Sunday....
03:16, 05/05/2019

Let’s talk about Social Security’s $80 billion negative cash-flow crisis Solving Social Security problems in real ways rather than with fantasy finance fixes will matter even more in the future than it matters now — and it matters plenty now....
15:32, 05/03/2019

Neutron star collision 4.6 billion years ago sent gold, platinum to Earth Two neutron stars collided 4.6 billion years ago near the Earth's solar system, showering the planet with some of its most precious metals, a new study says....
08:48, 05/03/2019

Buyout firm Onex to acquire Canada's WestJet for $2.6 billion in cash Canada's second-biggest carrier WestJet Airlines Ltd on Monday accepted a C$3.53 billion ($2.63 billion) cash buyout offer from private equity fund Onex Corp, ending a two-month long strategic review....
08:48, 05/13/2019

Tesla boosts capital raise to $2.7 billion, Musk buys more stock Tesla Inc on Friday was set to raise up to $2.7 billion in a record-setting capital raising for the electric carmaker, as investors scooped up a mix of new stock and convertible notes that will recharge the company's cash-depleted balance sheet....
08:16, 05/03/2019

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....
09:48, 05/13/2019

Bayer stock at lowest in nearly seven years after $2 billion award in Roundup trial Shares in Bayer were down 5.9 percent in early trade on Tuesday after a jury awarded more than $2 billion to a California couple in the largest U.S. jury verdict against the company over allegations its Roundup weed killer causes cancer....
01:32, 05/14/2019

Bayer to pay $2 billion after losing suit that claims weedkiller Roundup causes cancer Bayer AG on Monday was ordered by a California jury to pay $2 billion to a couple who say they were diagnosed with cancer after using the company's weedkiller Roundup....
15:32, 05/13/2019

In Latest Roundup Defeat for Bayer, Jury Awards Couple $2 Billion Bayer faced a significant courtroom defeat from a lawsuit alleging Roundup weedkiller led to cancer, with a California jury awarding a couple $2.055 billion in damages....
17:16, 05/13/2019

Tesla ends 'Spartan diet' and seeks $2.3 billion to fund expansion Tesla Inc will raise up to $2.3 billion in new capital, renouncing what Elon Musk called a "Spartan diet" and easing Wall Street concerns about the money-losing company's ability to overcome a drop in sales and build new product lines....
17:00, 05/02/2019

French tycoon Niel to sell mobile towers to Cellnex for $3 billion French tycoon Xavier Niel has agreed a 2.7 billion euro ($3.02 billion) deal to sell mobile towers in France, Italy and Switzerland to Cellnex as he seeks to bolster the finances of his telecoms group Iliad....
07:16, 05/07/2019

Pentagon to transfer $1.5 billion to border wall from Afghan forces, other areas Acting U.S. Defense Secretary Patrick Shanahan has approved the transfer of $1.5 billion to build more than 80 miles (130 km)of barriers on the border with Mexico, U.S. officials said on Friday, including taking about $600 million from an account mea...
14:48, 05/10/2019

Trump proposes raising tariffs to a total of 25% on $575 billion in Chinese goods Trump believes the economy is thriving partly because of – not despite – the tariffs. And he vowed more taxes on Chinese imports would come this week.        ...
17:48, 05/05/2019

Parent of Schick razors to buy shaving start-up Harry’s for $1.37 billion Edgewell Personal Care, the conglomerate that owns Schick razor and other brands, announced it's buying the shaving start-up Harry’s for $1.37B.        ...
07:16, 05/09/2019

Elizabeth Warren to Unveil $100 Billion Plan to Fight the Opioid Crisis Sen. Elizabeth Warren will unveil a ten-year, $100 billion plan aimed at curbing the abuse of extremely addictive opioid drugs such as oxycodone, hydrocodone and fentanyl. The Massachusetts Democrat, who is seeking the party’s presidential nomi...
05:48, 05/08/2019

Trump tax returns from 1985 to 1994 show $1 billion in losses: NY Times U.S. President Donald Trump's businesses lost a total of more than $1 billion from 1985 to 1994, according to the New York Times, which said it obtained printouts from Trump's official Internal Revenue Service tax transcripts....
19:32, 05/07/2019

Chevron gives up fight for shale-rich Anadarko; walks away with $1 billion breakup fee The move allows Occidental Petroleum, backed by billionaire Warren Buffett, to acquire shale-rich Anadarko and avoid what could have been a costly bidding war....
15:48, 05/09/2019

Uber valued at $82 billion in IPO as market jitters, Lyft woes weigh Uber Technologies Inc priced its initial public offering on Thursday at the low end of its targeted range for a valuation of $82.4 billion, hoping its conservative approach will spare it the trading plunge suffered by rival Lyft Inc....
16:48, 05/09/2019

U.S. EPA proposes hike in biofuel mandate to 20.04 billion gallons in 2020: sources The U.S. Environmental Protection Agency has proposed increasing the volume of biofuels refiners must blend into their fuel annually to 20.04 billion gallons in 2020, from 19.92 billion gallons in 2019, according to two sources familiar with the matt...
20:16, 05/09/2019

BMW quarterly profit tumbles 78 percent, hit by 1.4 billion euro legal provision 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 bln) legal provision....
03:32, 05/07/2019

AB InBev's Asia business files for Hong Kong IPO of at least $5 billion: sources The Asia business of Anheuser-Busch InBev, the world's largest brewer, filed on Friday a draft prospectus for an initial public offering (IPO), which two sources with knowledge of the matter said could be worth at least $5 billion....
00:00, 05/10/2019

AB InBev files for Hong Kong IPO of Asia business to raise $5 billion The world's biggest brewer, Anheuser-Busch InBev, filed plans on Friday to spin off its Asian business via a Hong Kong initial public offering, in a deal which two sources with knowledge of the matter said could be worth at least $5 billion....
01:32, 05/10/2019

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......
02:00, 05/10/2019

UPDATE 3-Enbridge warns Line 3 pipeline cost could exceed C$9 billion Enbridge Inc, Canada's largest pipeline operator, said on Friday there is a risk its Line 3 replacement project could exceed its previous cost estimate of C$9 billion ($6.71 billion) because of delays to permits in the United States....
10:48, 05/10/2019

Monsanto Loses Another Roundup Cancer Trial, With Jury Awarding Over $2 Billion Monsanto Co. lost a legal battle over its massively popular Roundup herbicide on Monday to the tune of $2.055 billion, with a jury in San Francisco ordering the court to pay out the stunning sum to a couple that said it caused their non-Hodgkin’s lym...
20:00, 05/13/2019

Bitfinex raised $1 billion in 10 days by selling a token redeemable for Tethers Embattled cryptocurrency exchange Bitfinex raised $1 billion in 10 days with an initial exchange offering (IEO), money it hopes will alleviate concerns of its financial stability. Bitfinex CTO Paolo Ardoino tweeted Monday that private firms, both ins...
06:48, 05/14/2019

Bristol-Myers Sells $19 Billion of Bonds to Fund Celgene Purchase The drug company Bristol-Myers Squibb sold $19 billion of bonds in the biggest U.S. corporate debt deal this year to fund its blockbuster acquisition of Celgene....
02:32, 05/08/2019

Samsung to spend more than $14 billion in second phase of China chip plant: Xinhua South Korean tech giant Samsung Electronics Co Ltd will spend more than $14 billion in the second phase of investment in its memory chip plant in Xian, China, China's official Xinhua news agency reported on Friday citing a Samsung executive....
04:48, 05/17/2019

Volkswagen sets aside 5.5 billion euros in contingent liabilities for diesel scandal Volkswagen said it has set aside 5.5 billion euros ($6.16 billion) in contingent liabilities to cover possible risks arising from a diesel cheating scandal, chief financial officer Frank Witter said on Thursday....
10:32, 05/02/2019

Factbox: More Roundup trials, appeals in store for Bayer after $2 billion verdict Bayer shares continued to fall on Tuesday after a California jury on Monday awarded more than $2 billion in damages to a couple who alleged that the company's glyphosate-based weed killer Roundup caused their cancers....
12:48, 05/14/2019

Bayer stock continues rout after $2 billion award in Roundup trial Shares in Bayer fell as much as 5 percent on Tuesday after a jury awarded more than $2 billion to a California couple in the largest U.S. jury verdict against the company over allegations its Roundup weed killer causes cancer....
03:33, 05/14/2019

Monsanto Ordered to Pay $2 Billion in Case Tying Weed Killer to Cancer (SAN FRANCISCO) — A jury on Monday ordered agribusiness giant Monsanto Co. to pay a combined $2.055 billion to a couple claiming that the company’s popular weed killer Roundup Ready caused their cancers. The jury’s verdict is the th...
07:48, 05/14/2019

US Plans To Give $15 Billion Aid To Farmers Amid Trade War: Donald Trump US President Donald Trump said on Monday that his administration was planning to provide about $15 billion in aid to help US farmers whose products may be targeted with tariffs by China in a deepening......
07:32, 05/14/2019

Tesla readies $2 billion capital boost in stock, bond offerings Tesla plans to raise about $2 billion through debt and stock offerings, after Elon Musk overestimated the ability of the Model 3 sedan to generate enough cash for the company to be self-sustaining....
09:16, 05/02/2019

President Trump Keeps Quoting a Misleading $91 Billion Figure for Puerto Rico Aid. Here Are the Facts President Donald Trump is sticking to his claim that Congress gave Puerto Rico $91 billion in aid money and that, therefore, the island should be “very happy” and stop asking for more. But his claim is misleading, asserting that the islan...
23:16, 05/06/2019

This Hubble wide-view image shows 265,000 galaxies going back 13.3 billion years This new wide-view image of the distant universe by NASA and the ESA’s Hubble Space Telescope shows 265,000 galaxies.        ...
00:32, 05/03/2019

Mitsubishi plans $1.4 billion rescue for plant engineering firm Chiyoda: Nikkei Japanese trading house Mitsubishi Corp and MUFG Bank plan to rescue plant engineering company Chiyoda Corp with a $1.4 billion lifeline, betting on a turnaround fueled by greater LNG demand, the Nikkei newspaper reported on Monday....
21:32, 05/05/2019

Exclusive: Advent readies new $2.2 billion Latam private equity fund - sources U.S. private equity firm Advent International Corp is preparing to launch a $2.2 billion fund to invest in Latin American companies, two people with knowledge of the matter told Reuters....
13:00, 04/28/2019

A start-up trying to usurp Western Union and shake up the $689 billion money transfer market Western Union isn't panicked, but the delivery of money around the world is being upended, says CEO of upstart TransferWise. It broke into the market $689 billion market in 2011 and unlike many start-ups is already profitable....
10:16, 05/18/2019

Shaving upstart Harry's is selling for $1.37 billion to the company that owns Schick razors Edgewell Personal Care, the owner of Schick and Wilkinson razor brands, plans to buy U.S.-based shaving startup Harry's for $1.37 billion in a cash-and-stock deal....
08:00, 05/09/2019

Trump seeks extra $1.6 billion in NASA spending to return to moon by 2024 The Trump administration asked Congress on Monday to increase NASA spending next year by an extra $1.6 billion as a "down payment" to accommodate the accelerated goal of returning Americans to the surface of the moon by 2024....
23:32, 05/13/2019

Niko Partners: China’s game market to hit $41.5 billion and 767 million players by 2023 China's domestic game market is expected to grow from $$30.8 billion in 2018 to $41.5 billion in 2023, according to a report by Niko Partners.Read More...
12:00, 05/07/2019

History Lesson: Sen. Elizabeth Warren Breaks Down Why Her $50 Billion Plan to Fund HBCUs Is Very Necessary Last week, 2020 presidential candidate and U.S Sen. Elizabeth Warren (D-Mass.) outlined a radical education plan that addresses the racial and socioeconomic disparities in our higher education system. Her plan includes tuition and non-tuition-related...
04:16, 05/02/2019

You can build a billion-dollar unicorn and still go on maternity leave. These female CEOs prove it Rent the Runway CEO Jennifer Hyman is out on maternity leave, and 23andMe CEO Anne Wojcicki's due date is nearing. These female leaders of 2019 CNBC Disruptor 50 start-ups are offering broad family-leave benefits to employees....
08:48, 05/15/2019

How Stormi Webster Is Helping Kylie Jenner Expand Her Billion-Dollar Empire It's never too early to introduce your children to the business world. Long before Kylie Jenner welcomed her first child with Travis Scott, the Keeping Up With the Kardashians star......
12:00, 05/14/2019

'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....
06:48, 05/10/2019

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....
04:32, 05/09/2019

Distant object at edge of Solar System is an ancient fragment from 4.5 billion years ago It's a rather uninspiring object, with no moons, rings or dust clouds in orbit around it; nor is there any evidence of an atmosphere.        ...
14:32, 05/16/2019

Pentagon Shifts $1.5 Billion to Border Wall From Afghan War Budget and Other Military Projects The newest shift in money is in addition to the $1 billion that the Defense Department transferred to wall construction in March from the Army’s personnel budget....
19:00, 05/10/2019

Couple awarded $2 billion after claiming Roundup weed killer caused cancer A California couple was awarded more than $2 billion in damages on Monday after a jury agreed that the Roundup weed killer they had been using for more than three decades had caused them to get cancer. The verdict is the third legal defeat in a row f...
20:16, 05/13/2019

Trump seeks extra $1.6 billion in NASA spending under goal of returning to moon The Trump administration asked Congress on Monday to increase NASA spending next year by an extra $1.6 billion as a "down payment" to accommodate the accelerated goal of returning Americans to the surface of the moon by 2024....
20:48, 05/13/2019

California jury hits Bayer with $2 billion award in Roundup cancer trial A California jury on Monday awarded more than $2 billion to a couple who claimed Bayer AG's glyphosate-based Roundup weed killer caused their cancer, in the largest U.S. jury verdict to date against the company in litigation over the chemical....
16:00, 05/13/2019

Tesla ends 'Spartan diet,' seeks up to $2.3 billion from share, debt issues Tesla Inc will raise up to $2.3 billion in new capital, renouncing what Elon Musk called a "Spartan diet" and easing Wall Street concerns about the money-losing company's ability to overcome a drop in sales and build new product lines....
10:32, 05/02/2019

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 ...
17:48, 05/03/2019

Trump Seeks Extra $1.6 Billion In NASA Spending To Send Americans To Moon The Trump administration asked Congress on Monday to increase NASA spending next year by an extra $1.6 billion to accommodate the accelerated goal of returning Americans to the surface of the moon by......
22:00, 05/13/2019

China slaps tariffs on $60 billion in U.S. imports as trade war between Beijing and Washington escalates The new duties, announced Monday, will take effect on June 1, escalating a trade war as negotiations between the two countries have stalled.        ...
09:32, 05/13/2019

Nestle revamp advances with $10 billion sale of skin health unit to buyout funds Nestle has entered exclusive talks to sell its skin health business to a consortium led by EQT Partners for 10.2 billion Swiss francs ($10.12 billion), as the food group shifts its portfolio in response to changing consumer demands....
03:48, 05/16/2019

Imran Khan Calls High-Level Meeting To Discuss $6 Billion Bailout Package Pakistan's Prime Minister Imran Khan on Monday summoned a high-level meeting to discuss the country's $6 billion loan agreement with the International Monetary Fund (IMF) which was finalized following......
11:16, 05/13/2019

Presidential hopeful Sen. Elizabeth Warren unveils $100 billion plan to combat the opioid epidemic Democratic presidential hopeful Sen. Elizabeth Warren and House Oversight Committee chairman Rep. Elijah Cummings on Wednesday unveiled a $100 billion proposal to tackle the ongoing opioid epidemic in the United States....
08:48, 05/08/2019

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....
00:16, 05/15/2019

President Trump Is Spending $20 Billion on an Aircraft Carrier. The Navy Wanted That Money for Cybersecurity In March, a report to the Secretary of the Navy warned that the service is preparing for the wrong war, one fought not with bombs and artillery but with terabytes and artificial intelligence. “We find the Department of the Navy preparing to win...
14:32, 05/02/2019

House Passes $19 Billion Disaster Aid Bill Despite Trump Opposition to Funding for Puerto Rico (WASHINGTON) — The House on Friday passed a $19 billion disaster aid bill that would deliver long-sought relief to farmers, victims of hurricanes and floods, and rebuild southern military bases, as Democrats try to dislodge the legislation from...
12:00, 05/10/2019

Anti-trust watchdog blocks $11 billion merger of Vodafone's Australian business with TPG Telecom Australia's anti-trust regulator blocked a A$15 billion ($11 billion) merger between TPG Telecom and Vodafone's Australian joint venture on competition grounds on Wednesday, knocking shares in the firms involved....
09:32, 05/08/2019

U.S.-based equity funds post $12.27 billion outflows amid U.S.-China trade tensions Investors rattled by lingering trade tensions between the United States and China pulled $12.27 billion from U.S.-based equity funds in the week ended Wednesday, according to data released by......
14:16, 05/16/2019

Oi plans to invest 7 billion reais per year, focus on expanding FTTH broadband service-CFO Brazilian telecommunications firm Oi plans to invest 7 billion reais ($1.76 billion) per year until 2020, focusing mostly in the expansion of its high-speed fiber-to-the-home (FTTH) broadband service, Chief Financial Officer Carlos Brandão, said on T...
08:16, 05/14/2019

CBOE ELECTS EIGHT INDIVIDUALS TO BOARD OF DIRECTORS; Public Directors Duane Kullberg, Susan Phillips, Samuel Skinner and Howard Stone Re-Elected, Industry Directors Mark Duffy, David Fisher, Stuart Kipnes and Jonathan Werts Re-Elected Chicago, November 19, 2009 - The Chicago Board Options Exchange (CBOE) announced that in its annual election held today, Thursday, November 19, the membership elected eight individuals to the CBOE Board of Directors to fill expired positions.The new ...
00:32, 05/02/2019

Beam Park in Dagenham: the £1 billion regeneration zone with thousands of new homes planned for first-time buyers By 2030 more than 3,000 new homes will have been built on a 720-acre site beside the River Beam in deepest east London. And half of them will be aimed at cash-strapped first-time buyers....
03:16, 05/16/2019

China slaps tariffs on $60 billion in U.S. imports, but Donald Trump insists U.S. is well-positioned in trade fight The new duties, announced Monday, will take effect on June 1, escalating a trade war as negotiations between the two countries have stalled.        ...
14:48, 05/13/2019

The military says it needs nearly $10 billion to fix storm-ravaged bases, but the White House still hasn't asked Congress for the money Associated Press Tyndall and Offutt Air Force Bases and Marine Corps Base Camp Lejeune took major damage from storms in 2017 and 2018. The services have said they need nearly $10 billion to repair those facilities and others, but the White House sti...
20:16, 05/13/2019

Jury orders Monsanto to pay $2 billion in Roundup weed killer cancer case; appeal expected On Monday, a jury ordered Monsanto Co. to pay $2 billion to a California couple claiming that the company's weed killer caused their cancers.        ...
23:16, 05/13/2019

CBOE'S FIFTH STRAIGHT RECORD VOLUME YEAR: 1.19 BILLION OPTIONS (4.7 MILLION ADV) CONTRACTS CHANGE HANDS Chicago, January 2, 2009 - Chicago Board Options Exchange (CBOE) today announced that 2008 was the busiest ever in its 35-year history as 1,193,355,070 contracts changed hands, a 26-percent increase over the 944,471,924 contracts traded in 2007.Avera...
00:32, 05/02/2019

Trump threatens seismic shift in trade war with China, suggesting new tariffs on $325 billion worth of Chinese goods Cameron Spencer/Getty; Win McNamee/Getty; Shayanne Gal/Business Insider President Donald Trump threatened to dramatically escalate the trade war with China. Trump said that on Friday tariffs on $200 billion worth of Chinese goods will increase from ...
18:48, 05/05/2019

California jury awards couple $2 billion in verdict against Monsanto in third decision involving Roundup weed killer. OAKLAND, Calif. (AP) — California jury awards couple $2 billion in verdict against Monsanto in third decision involving Roundup weed killer....
17:16, 05/13/2019

Uber prices long-awaited IPO at $45 per share, valuing world’s largest ride-hailing company at $82 billion SAN FRANCISCO (AP) — Uber prices long-awaited IPO at $45 per share, valuing world’s largest ride-hailing company at $82 billion....
14:32, 05/09/2019

Bats Europe Reports Record Month for Bats LIS with Over €2 Billion Traded on Platform LONDON – 3 July 2017 – Bats Europe, a CBOE Holdings, Inc. company and the region’s largest equities exchange operator, today reported June volume and highlights for Bats LIS, its new block trading platform powered by BIDS technology, which saw ...
07:00, 05/01/2019

US trade deficit up 1.5% to $50 billion in March but deficit with China falls to lowest point in 5 years WASHINGTON (AP) — US trade deficit up 1.5% to $50 billion in March but deficit with China falls to lowest point in 5 years....
07:32, 05/09/2019

Cboe Europe Reports Record Month for Cboe LIS with €8 Billion Notional Traded on Block Trading Platform LONDON – 5 November 2018 – Cboe Global Markets, Inc. (Cboe: CBOE), one of the world’s largest exchange holding companies, today reported that its European block trading platform, Cboe LIS, set a new monthly record in October with average daily notion...
06:16, 05/01/2019

CBOE NOVEMBER DAILY VOLUME AVERAGES 4.2 MILLION CONTRACTS: YEAR-TO-DATE VOLUME EXCEEDS ONE BILLION CONTRACTS Chicago, December 1, 2009 - The Chicago Board Options Exchange (CBOE) today reported that trading volume during November 2009 averaged 4.2 million contracts per day, down eight percent from November 2008 average daily volume (ADV) of 4.6 million cont...
00:32, 05/02/2019

CBOE STOCK EXCHANGE (CBSX) VOLUME TOPS 3 BILLION SHARES TRADED DURING 2008Growth in Volume, Listings and Participation; 2008 Highlights Include Lime Brokerage Investment, Functionality to Facilitate Automated Stock and Options Orders Chicago, January 15, 2009 - The CBOE Stock Exchange (CBSX) announced today that more than three billion shares were traded at the Exchange during 2008, its first full year of trading.The Exchange, now 22 months old, had sustained growth in trading vo...
00:32, 05/02/2019

CBOE SURPASSES ONE-BILLION-CONTRACT VOLUME YEAR TO DATE AND POSTS ALL-TIME RECORD MONTHLY VOLUME IN OCTOBER; DURING OCTOBER, 134.2 MILLION CONTRACTS TRADED WITH ADV 5.8 MILLION CONTRACTS Chicago, November 3, 2008 - Chicago Board Options Exchange (CBOE) today reported that year-to-date volume surpassed one billion contracts for the first time in the Exchange's history as 1.034 billion contracts changed hands through October (average d...
00:32, 05/02/2019

Trump headed to Manhattan for ritzy fundraiser President Trump will make a rare visit to his luxe Trump Tower pad Thursday after attending a fundraiser at the Upper East Side home of Cantor Fitzgerald CEO Howard Lutnick. The president was expected to arrive at the Wall Street landing zone about 6...
11:32, 05/16/2019

Former federal prosecutor on Alabama law: Abortion will 'clearly' be issue in 2020 In response to the controversy surrounding Alabama's recent law outlawing abortion, Former Whitewater Independent Counsel Robert Ray said that the issue will be a divisive issue ahead of the 2020 presidential election....
12:16, 05/16/2019

Moment police fine pedestrian after he covered face from facial recognition camera Footage has shown the moment police fined a pedestrian £90 for disorderly behaviour after he tried to cover his face from a facial recognition camera in London....
12:32, 05/16/2019

Boris Johnson Confirms Will Bid To Be British PM Britain's Boris Johnson, the former foreign minister, ex-mayor of London and leading Brexit campaigner, confirmed Thursday he will run for the premiership when Theresa May quits, British media......
13:00, 05/16/2019

Trump will not cut police aid to Central America, Barr says U.S. President Donald Trump will not cut aid to police forces in El Salvador, Guatemala and Honduras, his attorney general said on Thursday, softening a previous order to cut foreign assistance to the so-called Northern Triangle nations....
14:16, 05/16/2019

Osama bin Laden relative mentioned in Sheffield United investor talks • Details revealed in court case between club’s co-owners• Possibility of Saudi-based investment discussed in 2017 meetingA Saudi businessman related to Osama bin Laden featured in discussions about investors in Sheffield United, a court in London an...
14:32, 05/16/2019

UPDATE 2-Boeing completes 737 MAX software update, working on pilot training plan Boeing Co said on Thursday it had completed a software update for its 737 MAX jets, which have been grounded worldwide since March after they were involved in two fatal crashes....
14:48, 05/16/2019

Trump says ‘I hope not’ about getting into war with Iran WASHINGTON – President Trump suggested Thursday that he wasn’t gunning for a military conflict with Iran.. “I hope not,” the president responded when asked by a reporter outside the White House if the U.S. was going to war with Iran. That answe...
16:00, 05/16/2019

Dominique Morris Wins Tommy Bell Award Lexington, KY (LEX 18) — Lexington Catholic Senior Dominique Morris is the 2019 winner of the Tommy Bell Award, given to the most outstanding high school student-athlete in the city of Lexington. Dominique has been on the varsity soccer team si...
17:00, 05/16/2019

The 5 most popular Netflix original movies of 2019 so far Netflix gets a lot of attention and media coverage for the original TV series it commissions and licenses, including projects like Stranger Things and The Crown. As the second syllable of its name indicates, though, movies have always been a core of ...
17:48, 05/16/2019

Kevin Durant ‘not close’ to returning to the Warriors Warriors star Kevin Durant is “not close” to recovering from his right calf strain, ESPN reported Thursday. Durant was injured in Game 5 of the Western Conference semifinal series against the Rockets. He missed Golden State’s clinching Game 6 victory...
20:00, 05/16/2019

Mets must be careful, or this season will get away from them WASHINGTON — Despite appearances, the Mets actually have been quite fortunate so far. They have yet to play an extended stretch of inspired ball, have spent most of the past two weeks under .500, yet because the NL East is living way down to expectat...
20:00, 05/16/2019

AOC invokes Bible to blast ‘usury,’ promote payday loan bill Freshman Rep. Alexandria Ocasio-Cortez invoked the Bible to tout an economic bill she co-sponsored with Sen. Bernie Sanders on Thursday — and sarcastically suggested she may win some supporters on the religious right. The Bronx congresswoman made the...
23:16, 05/16/2019

Asos tycoon who lost children in Sri Lanka attacks thanks public Anders and Anne Holch Povlsen thank those who offered condolences after three of their children were killedThe Povlsen family have thanked the public for their condolences after they lost three of their four “beloved and beautiful” children in the te...
01:48, 05/17/2019

Ex-Kasich adviser backs out of $350G Russia lobbying gig, vows 'laser focus' against Trump in 2020 A former campaign adviser for John Kasich announced Thursday that he’s backing out of a $350,000 contract to lobby against sanctions on a Russian state-owned nuclear energy company, vowing instead to remain focused on ensuring President Trump is not ...
02:16, 05/17/2019

Cordell's suicide squeeze lifts White Sox over Blue Jays 4-2 Yolmer Sanchez raced home from third base with the tiebreaking run on Ryan Cordell's suicide squeeze in the eighth inning, and the Chicago White Sox topped the Toronto Blue Jays 4-2 for their fourth win in five games     ...
02:32, 05/17/2019

S. Korea allows businesspeople to visit North factory park SEOUL, South Korea (AP) — South Korea says it will allow its businesspeople to visit their factories at an industrial park in North Korea that was shut down by Seoul’s previous conservative government in 2016 following a North Korean nuclear te...
03:48, 05/17/2019

UK government considers next steps as Brexit talks end The British government is considering its next steps, including trying to win over dissenting lawmakers, after talks to find a Brexit compromise with the opposition Labour Party ended, Prime Minister Theresa May's spokesman said on Friday....
04:00, 05/17/2019

Missouri poised to pass restrictive abortion law, days after Alabama Missouri House lawmakers are expected to pass a bill on Friday to ban most abortions eight weeks after conception, days after Alabama introduced the nation's most restrictive abortion law....
04:48, 05/17/2019

Sri Lanka’s hotels, beaches and eateries now empty of tourists Hotel occupancy across the island of Sri Lanka has plummeted by 85% to 90%. The tropical beaches, restaurants and shops are empty.        ...
06:32, 05/17/2019

DNA Testing Was Meant to Help Esmé. It Created Turmoil. Genetic testing provides patients and doctors a wealth of new information. But the medical world is making rapid advances in understanding what the data means, and that’s whipsawing diagnoses and treatment....
08:32, 05/17/2019

Kentucky 22-month-old survives nearly three days alone in the wilderness (WLEX/NBC News) A Kentucky toddler who disappeared Sunday evening was found alive Wednesday afternoon not far from his home after a massive multi-agency search. Kenneth Neil Howard, just 22 months old, was last seen about 7:30 p.m. Sunday. The child ...
08:32, 05/17/2019