HILLSIDEQUADRANEWS.COM: World News - Latest of The Hour 2019-06-12 09:32

Dassault Systemes to buy Medidata Solutions in $5.8 billion deal

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

Dassault Systemes to buy Medidata Solutions in $5.8 billion deal

Source: reuters.com

Dassault Systemes to buy Medidata Solutions in $5.8 bln deal French technology company Dassault Systemes said it had agreed to buy Medidata Solutions, a U.S. software company dealing in the sphere of clinical trials, in a deal worth $5.8 billion on an enterprise value basis....
2019-06-12 09:48

UPDATE 2-Dassault Systemes to buy Medidata Solutions in $5.8 bln deal French technology company Dassault Systemes has agreed to buy Medidata Solutions , a U.S. software company dealing in the sphere of clinical trials, in a record deal for Dassault worth $5.8 billion on an enterprise value basis....
2019-06-12 09:48

Dassault Systemes targets life sciences with $5.8 billion Medidata deal France's Dassault Systemes moved to build up its life sciences presence with a $5.8 billion cash deal to buy Medidata Solutions, a U.S. firm focused on clinical trials....
2019-06-12 13:32

France’s Dassault to acquire Medidata for $5.8 billion French software company Dassault Systems says it will buy U.S.-based Medidata Solutions for $5.8 billion in cash. Dassault said Wednesday that it was offering of $92.25 for each share of Medidata, slightly less than its $94.75 closing price on Tuesda...
2019-06-12 12:16

France's Dassault nears deal to buy health software maker Medidata - CNBC French technology company Dassault Systemes SE is nearing a deal to acquire U.S.-based software firm clinical trials Medidata Solutions Inc, CNBC reported on Tuesday, citing people familiar with the matter....
2019-06-11 23:48

France's Dassault nears deal to buy healthcare software maker Medidata: CNBC French technology company Dassault Systemes SE is nearing a deal to acquire U.S.-based software firm for clinical trials Medidata Solutions Inc to boost its life sciences unit, CNBC reported on Tuesday, citing people familiar with the matter....
2019-06-12 00:48

IBM closes $34 billion deal to buy Red Hat International Business Machines Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc as it looks to ramp up its cloud computing business....
2019-07-09 14:48

IBM to win unconditional EU okay for $34 billion Red Hat deal: sources U.S. tech giant International Business Machines Corp is set to secure unconditional EU approval for its $34 billion bid for software company Red Hat, people familiar with the matter said on Wednesday....
2019-06-19 20:16

Pentagon gets 8.8% discount in $34 billion F-35 jet deal The U.S. Department of Defense has a "handshake" agreement with Lockheed Martin Co to cut 8.8 percent from the price of its latest order of F-35A fighter jet, shaving a year from the time frame in which each aircraft will cost less than $80 million, ...
2019-06-10 22:48

EU clears Vodafone's $22 billion Liberty deal Brussels gave its blessing to Vodafone's $22 billion purchase of Liberty Global's cable networks in Germany and central Europe, clearing the way for the British company to become Europe's largest mobile, broadband and TV provider....
2019-07-18 16:32

LSE's $27 billion deal rehabilitates Refinitiv debt Financial data firm Refinitiv's $13.5 billion debt, once described as having some of the weakest-ever investor protections typical of the frothy peak of the credit cycle, is being rehabilitated by its $27 billion merger with the London Stock Exchange...
2019-08-01 22:01

Salesforce to buy Tableau Software in $15.3 billion deal Salesforce.com said on Monday it would buy big data company Tableau Software for $15.3 billion in an all-stock deal, marking the biggest acquisition in the company’s history. Tableau shareholders will get 1,103 Salesforce shares, valuing the offer at...
2019-06-10 15:16

IBM gains unconditional EU approval for $34 billion Red Hat deal U.S. tech giant International Business Machines Corp on Thursday won unconditional EU antitrust approval for its $34 billion acquisition of software company Red Hat ....
2019-06-28 05:00

Pepsi Expands in Africa With $1.7 Billion Deal PepsiCo has agreed to pay $1.7 billion to buy South Africa’s Pioneer Foods, as the beverage giant looks to expand and accelerate its growth in sub-Saharan Africa....
2019-07-19 12:48

'No deal' Brexit would cost at least $16 billion in UK sales to the EU: U.N. Leaving the European Union without a trade deal would cost Britain at least $16 billion in lost EU sales, and probably far more after accounting for indirect effects and other markets, a report by the U.N. trade agency UNCTAD said on Tuesday....
2019-09-03 20:48

Microsoft, AT&T ink cloud deal worth more than $2 billion Microsoft Corp and AT&T Inc on Wednesday said they reached a deal under which the telecommunications firm will tap Microsoft's Azure cloud service for its computing needs and provide Office 365 software to much of its 268,000-strong workforce....
2019-07-17 16:32

Hasbro Picks Up Peppa Pig in $4 Billion Deal Hasbro is making a big bet on entertainment aimed at young children by acquiring Entertainment One for $4 billion in cash. Executives cite Peppa Pig as a brand that generates strong earnings from the likes of live shows, theme parks, toys and televis...
2019-08-23 17:00

Aramco Bulks Up on Refining With $15 Billion Deal Saudi Aramco is buying a stake in Reliance’s energy business, worth some $15 billion including debt, a move that would help match its enormous crude production with refining capacity, as it gears up for its planned IPO....
2019-08-12 23:48

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

Gilead deepens Galapagos ties with $5.1 billion deal Gilead Sciences Inc will invest $5.1 billion to raise its stake in Galapagos NV and partner with the Belgian-Dutch biotech firm to develop and commercialize its treatments for a ten-year period, the companies said on Sunday....
2019-07-14 22:32

UPDATE 1-EU clears Vodafone's $22 billion Liberty deal Brussels gave its blessing to Vodafone's $22 billion purchase of Liberty Global's cable networks in Germany and central Europe, clearing the way for the British company to become Europe's largest mobile, broadband and TV provider....
2019-07-18 14:00

Johnson to tell EU's Tusk UK won't pay £39 billion under no-deal Brexit: Sky News British Prime Minister Boris Johnson is expected to tell European Council head Donald Tusk that the UK will only pay 9 billion pounds ($11 billion) instead of the 39 billion pound ($47.88 billion) liability agreed by former Prime Minister Theresa May...
2019-08-25 10:00

UPDATE 1-Bulgaria approves $1.26 billion deal with US to buy F-16 aircraft Bulgaria's government approved a deal on Wednesday with the United States to buy eight new Lockheed Martin F-16 fighters for its air force for $1.256 billion, the defence ministry said, its biggest military purchase since the fall of Communism....
2019-07-10 14:32

U.S. lawmakers reach $19 billion deal on disaster aid: senators U.S. House of Representatives and Senate negotiators have reached a deal on a $19.1 billion disaster aid bill that has President Donald Trump's support, lawmakers from both parties said on Thursday....
2019-05-23 20:48

Iran To Stick To Nuclear Deal For $15 Billion Oil Credit Iran said Wednesday it will resume full compliance with a 2015 nuclear deal if it can sell its oil or get a $15-billion credit line guaranteed by future crude sales....
2019-09-04 15:16

UPDATE 2-Bulgaria approves $1.26 billion deal to buy U.S. F-16 aircraft Bulgaria's government agreed with the United States on Wednesday to buy eight new Lockheed Martin F-16 fighters for its air force for $1.256 billion, the defence ministry said, its biggest military purchase since the fall of Communism....
2019-07-10 14:32

Ray-Ban Maker Strikes $6.1 Billion Deal for European Rival EssilorLuxottica agreed to buy control of European rival GrandVision for about $6.1 billion, in a move that would further cement the Ray-Ban maker’s global position as the leading manufacturer and retailer of eyewear and lenses....
2019-07-31 18:16

Blackstone Strikes $18.7 Billion Deal for U.S. Warehouse Network Blackstone Group is buying a network of U.S. industrial warehouses from Singapore-based GLP for $18.7 billion, including debt, in the largest private real-estate transaction ever....
2019-06-03 02:16

Elanco to become No.2 in animal health with $7.6 billion Bayer deal Elanco Animal Health agreed to buy Bayer's veterinary drugs unit on Tuesday in a cash and stock deal valued at $7.6 billion, creating the second largest maker of medicines for pets and livestock and expanding Elanco's reach online....
2019-08-20 21:32

Infineon to buy Cypress Semiconductors in 9 billion euros deal Infineon has agreed to buy Cypress Semiconductors in a deal valuing the U.S. chipmaker at 9 billion euros ($10.06 billion), including debt, the German company said on Monday....
2019-06-03 09:00

'No deal' Brexit would cost at least $16 billion in UK sales to the EU: UN report Leaving the European Union without a trade deal would cost Britain at least $16 billion in lost EU sales, and probably far more after accounting for indirect effects and other markets, a report by the U.N. trade agency UNCTAD said on Tuesday....
2019-09-04 03:48

Infineon digs deep to buy Cypress in $10 billion deal Infineon has agreed to buy Cypress Semiconductors in a deal that values the U.S. maker of microchips used in cars and electronic devices at 9 billion euros ($10.1 billion) including debt, sending shares in the German company sharply lower on concerns...
2019-06-03 15:00

UK PM Johnson says £39 billion divorce bill not due in no-deal Brexit Prime Minister Boris Johnson said on Sunday that if Britain leaves the European Union without a deal, it will no longer legally owe the 39 billion pound ($47.88 billion) divorce bill agreed by his predecessor Theresa May....
2019-08-25 15:32

Exclusive: FIS to win EU approval for $35 billion Worldpay deal: sources U.S. financial services provider Fidelity National Information Services Inc (FIS) is set to gain unconditional antitrust approval from the European Union for its $35 billion bid for payments company Worldpay , people familiar with the matter said o...
2019-07-01 19:48

Oxford University Signs $5 Billion Deal With Investor The University of Oxford signed a deal with U.K. insurer and asset manager Legal & General to provide $5 billion in funding over 10 years to build graduate student housing, subsidized accommodation for university staff and income-generating science p...
2019-06-27 19:16

CBS and Viacom agree to sign $30 billion merger deal CBS and Viacom have reached a long-rumored merger agreement. The two companies announced today that they will reunite as ViacomCBS. According to The Wall Street Journal, CBS and Viacom hope that, together, they'll be better positioned to fight a...
2019-08-14 14:00

Microsoft, AT&T sign cloud deal worth more than $2 billion Microsoft Corp and AT&T Inc on Wednesday said they reached a deal under which the telecommunications company will tap Microsoft's Azure cloud service for its computing needs and use Microsoft 365, which includes Office productivity software, for much...
2019-07-17 17:32

Performance Food Acquires Reinhart in $2 Billion Deal Food distributor Performance Food Group has agreed to acquire privately held rival Reinhart Foodservice for $2 billion in a bid to build scale and tackle rising costs....
2019-07-01 16:48

Comstock Resources to acquire Covey Park in $2.2 billion deal Comstock Resources Inc said on Monday it would buy privately held natural gas company Covey Park in a deal valued at about $2.2 billion, including debt....
2019-06-10 13:32

Reliance Industries' $15 Billion Deal With Saudi Aramco: 10 Points Reliance Industries chairman and managing director Mukesh Ambani said on Monday that Saudi Aramco will buy a 20 per cent stake in his group's oil-to-chemical business. The deal values Reliance......
2019-08-13 00:16

Yahoo Japan Takes on Amazon, Rakuten With $3.7 Billion Deal Yahoo Japan plans to take a 50.1% stake in Japanese online fashion retailer Zozo, while Zozo founder Yusaku Maezawa resigned as CEO to focus on personal ambitions, including traveling into space....
2019-09-12 16:48

Sotheby’s to go private in deal valuing action house at $2.66 billion Patrick Drahi, the billionaire behind telecoms and media group Altice, has agreed to buy art auction house Sotheby’s in a deal valuing it at $2.66 billion. Sotheby’s said it had signed a definitive agreement to be acquired by BidFair USA,...
2019-06-17 17:00

Art Collector Patrick Drahi to Take Sotheby's Private in $2.7 Billion Deal French billionaire Patrick Drahi is buying Sotheby’s for $2.7 billion, ending the storied auction house’s 31-year run as a public company as it seeks to expand its digital business....
2019-06-18 01:32

Bloomberg: Dish is close to a $6 billion deal with Sprint and T-Mobile Over the last couple of weeks, we've heard that getting DoJ approval for T-Mobile's proposed $26 billion purchase of Sprint will require making moves to create a new national wireless carrier as a competitor. That could be achieved by selli...
2019-06-19 12:00

Amazon grabs a piece of the Yankees network in a $3.47 billion deal Disney sold its stake in the YES Network to an investor group that includes the Yankees, Amazon and Sinclair Broadcasting. The group announced today that it was acquiring the 80 percent stake in the YES Network previously held by Disney in a $3.47 bi...
2019-08-30 13:32

Merlin to go private in $7.5 billion deal with Lego family and Blackstone Madame Tussauds owner Merlin said on Friday it had agreed to be acquired by the investment vehicle of Lego's founding family and private equity firm Blackstone Group LP in a $7.5 billion deal....
2019-06-28 12:32

Explainer: Why is Huawei seeking $1 billion patent deal with Verizon? Huawei is demanding Verizon Communications Inc pay $1 billion to license the rights to patented technology, signaling a potential shift in the embattled Chinese company's strategy for the U.S. market....
2019-06-14 17:01

Infineon acquires Cypress Semiconductor in deal valued at $10 billion Infineon has agreed to buy Cypress Semiconductor in a deal that values the chipmaker at $10 billion and continues a trend of consolidation in the industry.Read More...
2019-06-03 16:48

New Media shares fall on details of $1.4 billion Gannett deal The biggest publishing merger of the year is starting to look like a bust. Shareholders of New Media Investment Group — the publicly traded subsidiary of newspaper owner Gatehouse Media — have sent the stock on a dizzying downward spiral since Monday...
2019-08-07 05:16

Performance Food Group to buy Reinhart Foodservice in a $2 billion deal Foodservice distributor Performance Food Group Co said on Monday it would buy privately held rival Reinhart Foodservice LLC from Reyes Holdings LLC in a deal valued at $2 billion....
2019-07-01 14:32

Lego family, Blackstone take Merlin private in $7.5 billion deal Lego's founding family and private equity firm Blackstone are taking Britain's Merlin private again in an agreed deal valuing the Madame Tussauds and Legoland owner at $7.5 billion....
2019-06-28 17:32

Splunk to buy cloud software firm SignalFx in $1 billion deal Data analytics software maker Splunk Inc on Wednesday said it would acquire privately held SignalFx, which makes software for the cloud, in a cash and stock deal for about $1.05 billion....
2019-08-22 15:32

Infineon revs up auto business with $10 billion Cypress deal Germany's Infineon has agreed to buy Silicon Valley-based Cypress Semiconductor for $10 billion, in an expensive move by Europe's largest chip-maker to expand further in next-generation automobiles and Internet technologies....
2019-06-03 18:16

Global Payments, Total System to Combine in $21.5 Billion Deal Global Payments and Total System Services agreed to combine in an all-stock transaction valued at roughly $21.5 billion, the latest in a string of deals involving large financial technology firms....
2019-05-28 16:48

Britain to spend an extra $2.6 billion on no-deal Brexit planning Britain said it is ramping up preparations for a no-deal Brexit by spending an extra 2.1 billion pounds ($2.6 billion) to stockpile medicines, hire more border officials and fund one of the biggest peacetime advertising campaigns....
2019-08-01 10:32

Billionaire Patrick Drahi agrees to buy Sotheby's in $3.7 billion deal Patrick Drahi, the billionaire behind telecoms and media group Altice, agreed on Monday to buy historic art auction house Sotheby's in a deal worth $3.7 billion on an enterprise value basis....
2019-06-17 17:48

Pfizer bolsters cancer portfolio with $10.64 billion deal for Array Pfizer Inc on Monday struck a deal to buy Array Biopharma Inc for $10.64 billion in cash to expand its portfolio of potentially lucrative cancer drugs....
2019-06-17 17:48

Nexon founder scraps what could have been $16 billion gaming deal: sources Nexon Co founder Jungju Kim has abandoned plans to sell a controlling stake in its parent NXC, two sources with direct knowledge of the matter said, scuppering a potentially $16 billion deal that would have been the gaming sector's biggest....
2019-07-09 09:32

Campbell Soup to sell Australian snack maker behind Tim Tam in $2.2 billion deal Campbell Soup Co. announced it plans to sell Australian snack maker Arnott's, best known for its popular treat Tim Tam, in a $2.2 billion deal.       ...
2019-08-03 01:48

Exclusive: Novelis' $2.6 billion Aleris deal set for EU green light - sources U.S. aluminum producer Novelis is set to secure EU antitrust approval for its $2.6 billion bid for Aleris, people familiar with the matter said on Thursday....
2019-08-29 20:16

Global Payments nearing $20 billion deal to buy Total System: source Payment technology company Global Payments Inc is nearing a deal to acquire peer Total System Services Inc (TSYS) for about $20 billion in an all-stock deal, a source familiar with the matter said on Friday....
2019-05-25 02:16

Sotheby's Sold To French Billionaire Patrick Drahi In $3.7 Billion Deal French telecoms and media mogul Patrick Drahi is acquiring Sotheby's auction house, one of the world's biggest art brokers, in a $3.7 billion deal, the British-founded company announced Monday....
2019-06-18 05:32

Trump defies China: $8 billion F-16 fighter jet deal for Taiwan approved The Trump administration has formally approved a major $8 billion arms sale to Taiwan involving 66 new F-16C/D fighter jets, the State Department announced Tuesday, a move that comes amid heightened tensions between Washington and Beijing over a rang...
2019-08-21 10:00

Britain's LSE lands 'defining' $27 billion Refinitiv deal in data drive Britain's London Stock Exchange has agreed to buy financial information provider Refinitiv in a $27 billion deal aimed at offering trading across regions and currencies and positioning the company as a competitor to Bloomberg....
2019-08-01 14:00

Pfizer makes $10.6 billion cancer bet in cash deal for Array Biopharma Pfizer Inc said on Monday it would buy Array Biopharma Inc for $10.64 billion in cash, a deal it hopes will help make it a leader in colon cancer and build up its pipeline of oncology drugs....
2019-06-18 06:48

39 Billion Pound Divorce Bill Not Due In No-Deal Brexit: Boris Johnson Prime Minister Boris Johnson said on Sunday that if Britain leaves the European Union without a deal, it will no longer legally owe the 39 billion pound ($47.88 billion) divorce bill agreed by his......
2019-08-25 21:32

German Chip Maker Infineon Buys U.S. Rival in $9.4 Billion Deal German chip maker Infineon Technologies said it would acquire Cypress Semiconductor in a multi-billion dollar deal, the latest in a series of transactions that have been reshaping the industry....
2019-06-04 09:32

Senate votes to block Trump’s $8 billion Saudi arms deal ​The Senate voted on Thursday to block the Trump administration’s $8 billion arms deal with Saudi Arabia,​ but the numbers were not enough to overturn a veto by President Trump. The Republican-led Senate filed 22 resolutions — one for each of t...
2019-06-20 22:16

Making Data Coherent Drives Salesforce’s $15.3 Billion Deal for Tableau Salesforce’s deal to buy the business tools maker Tableau, its largest ever acquisition, was pushed by the need to make business information understandable....
2019-06-10 23:32

Dream Global REIT to be bought by Blackstone funds in $4.7 billion deal Dream Global Real Estate Investment Trust said funds managed by Blackstone Group Inc would buy the Canadian firm in a C$6.2 billion ($4.69 billion) deal....
2019-09-16 05:48

Swiss telco Sunrise fights to save $6.4 billion Liberty deal Swiss telecoms firm Sunrise Communications on Thursday stepped up efforts to rescue its takeover of Liberty Global's Swiss unit amid criticism from its top shareholder, saying it had found new synergies and could cut a planned rights issue to fund th...
2019-08-22 09:32

The debt and spending deal includes $738 billion for defense, and the Pentagon has 'no complaints' Defense officials are rooting for the Senate to pass a massive $1.37 trillion two-year spending package this week, a measure that bumps up the Pentagon's spending power to $738 billion....
2019-07-31 17:48

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......
2019-05-21 17:48

Apple closes in on $1 billion deal to buy Intel’s modem business: report Enlarge / Apple CEO Tim Cook. (credit: Patrick T. Fallon/Bloomberg via Getty Images) Apple is in the final stages of negotiations to buy the bulk of Intel's modem chip business, The Wall Street Journal reports. The Journal says the deal, valued at ...
2019-07-24 01:16

T-Mobile and Sprint May Offload $6 Billion in Assets to Dish As Part of Merger Deal With DOJ Dish Network Corp. is “in talks” to buy up assets that T-Mobile and Sprint are planning to sell off in order to have their terrible merger approved by antitrust authorities, Bloomberg reported on Tuesday.Read more......
2019-06-19 06:16

France Dangles $15 Billion Bailout for Iran in Effort to Save Nuclear Deal President Emmanuel Macron has proposed a deal to compensate Iran for lost oil sales in exchange for the country agreeing to return to compliance with the 2015 nuclear accord....
2019-09-03 14:32

Eldorado Resorts clinches $18 billion cash and stock deal for Caesars: sources U.S. casino operator Eldorado Resorts Inc has agreed to merge with Caesars Entertainment Corp in a cash and stock deal that values its peer at about $18 billion including debt, people familiar with the matter said on Sunday....
2019-06-23 22:48

Broadcom Makes $10.7 Billion Deal to Buy Symantec's Corporate-Focused Security Business Broadcom, the semiconductor maker, struck a $10.7 billion deal to buy Symantec’s enterprise-security business focused on sales to companies, in a drive to expand beyond chips....
2019-08-09 06:48

Gilead to Boost Stake in Belgian Biotech Galapagos as Part of $5.1 Billion Deal Gilead Sciences will pay $5.1 billion to lift its stake in Galapagos NV and gain rights outside Europe to the Belgian biotechnology company’s treatments in development....
2019-07-14 23:00

Dish reportedly in talks to buy Boost; $6 billion deal could allow T-Mobile to merge with Sprint This week could be a very pivotal one for the $26.5 billion T-Mobile-Sprint merger. With FCC approval in the bag, the Department of Justice will reportedly sign off on the transaction this week. The DOJ has been against the deal since the beginning, ...
2019-06-19 05:48

Salesforce stock drops sharply after announcing $15.3 billion Tableau deal, biggest in its history Salesforce finally pulled the trigger on a deal it's been considering for some years, but investors weren't happy. It's expected to impact full-year EPS by $0.37 to $0.39....
2019-06-10 17:32

Banks readying 2.5 billion euro loan in TIM-Vodafone Italy tower deal: sources A group of banks is set to lend Telecom Italia unit INWIT up to 2.5 billion euros ($2.8 billion) to help it merge its towers with those of Vodafone, two sources said....
2019-07-01 20:48

Exclusive: Exxon's $53 billion Iraq deal hit by contract snags, Iran tensions - sources Just weeks ago, U.S. energy giant ExxonMobil looked poised to move ahead with a $53 billion project to boost Iraq's oil output at its southern fields, a milestone in the company's ambitions to expand in the country....
2019-06-21 13:16

Lego clan, Blackstone take Madame Tussauds owner Merlin private in $7.5 billion deal Lego's founding family and private equity firm Blackstone are taking Britain's Merlin private again in an agreed deal valuing the Madame Tussauds and Legoland owner at $7.5 billion....
2019-06-28 13:48

Monte dei Paschi ends debt collection deal to sell 3 billion euros in bad loans Monte dei Paschi di Siena said on Sunday it had been forced to end early a 10-year bad loan management contract so that it could have more freedom in selling off bad debts in a worsening economic environment....
2019-06-30 23:48

Carl Icahn Sues Occidental, Calling $38 Billion Anadarko Deal 'Fundamentally Misguided' Activist investor Carl Icahn sued Occidental Petroleum, calling its $38 billion deal to buy Anadarko Petroleum “fundamentally misguided” and saying a sale of Occidental might be better for shareholders....
2019-05-31 02:48

Puerto Rico's oversight board strikes $35 billion restructuring deal with commonwealth's bondholders The agreement, which is on the framework for the plan of adjustment, provide for more than a 60% average haircut for all $35 billion, a 36% haircut on pre-2012 general obligation or "GO" bonds, and a 27% haircut on public authority bonds that carry a...
2019-06-17 11:00

Google's $2.6 billion Looker deal gets it into Santa Cruz, a beach town with lots of tech talent Looker gives Google easier access to tech talent on a remote edge of Silicon Valley, and one of the few San Francisco Bay Area locations where it has little real estate: Santa Cruz....
2019-06-11 10:00

Budget deal achieves Pentagon’s No.1 goal: Budget predictability with $738 billion top line A HUGE SIGH OF RELIEF: That giant exhaling sound coming from the Pentagon this morning is the huge collective sigh of relief over the news that the Trump administration and Republicans were able to reach a $1.3 trillion deal with Democrats to avert w...
2019-07-23 18:16

Global Payments, TSYS merge in $21.5 billion deal as fintech, payments market evolves to be software driven The idea is that the combination of Global Payments and TSYS will have a software stack and developers to better compete in omnichannel, e-commerce and digital payments....
2019-05-28 18:01

House clears $4.6 billion measure to deal with migrant crisis at southern border, sending measure to President Trump WASHINGTON (AP) — House clears $4.6 billion measure to deal with migrant crisis at southern border, sending measure to President Trump. The post House clears $4.6 billion measure to deal with migrant crisis at southern border, sending measure to Pres...
2019-06-28 00:48

Best MDM solutions in 2019 The use of mobile devices within a corporation has become an ordinary part of modern business, but having so many devices operating both within and outside the company offices can be a real headache to manage.This is especially because of the securit...
2019-06-15 21:16

Jio, Microsoft to Partner for Cloud Solutions Reliance Industries (RIL) on Monday announced partnership of its subsidiary Reliance Jio Infocomm with Microsoft in the technology space, including creation on cloud solutions....
2019-08-12 15:32

Not enough resettlement solutions for refugees worldwide, says UN Despite record numbers of people forcibly displaced across borders, with 1.2 million in need of a new permanent place to call home last year, the UN refugee agency (UNHCR) released new data on Tuesday showing that only 55,700 of them – 4.7 per cent –...
2019-05-21 14:32

Today's most innovative enterprise solutions Max Wessel spoke with TechRepublic at the 2019 SAP SAPPHIRE NOW conference about the most beneficial enterprise solutions organizations should be using....
2019-05-21 14:38

AI won’t automate cybersecurity — but it’ll improve the solutions we already have Cybersecurity, a huge industry worth over $100 billion, is regularly subject to buzzwords. Cybersecurity companies often (pretend) to use new state-of-the-art technologies to attract customers and sell their solutions. Naturally, with artificial inte...
2019-08-18 18:32

No-deal Brexit 'to blow a £30 billion hole in UK's public finances' A no-deal Brexit would derail the economy and blow a £30 billion hole in Britain's public finances, a report by the independent budget watchdog warned today....
2019-07-18 14:00

U.S. eases restrictions on Huawei for uses to find new solutions The U.S. Department of Commerce has granted temporary trade exemptions concerning Chinese telecom company Huawei, allowing companies that use its services to find other solutions....
2019-05-21 16:16

Manufacturing remains climate challenge with few solutions Members of both parties are aiming to help reduce carbon emissions that result from the manufacturing of products like steel, cement, and iron — one of the most challenging but overlooked components of combating climate change....
2019-08-03 03:16

K Flay: Solutions review – reasons to be cheerful (Night Street/Interscope)Joining the many trying to find hard-won notes of positivity amid climate catastrophe and political car crashes, Illinois native Kristine Flaherty has dedicated her third album to mustering “green lights, brighter views… to p...
2019-07-08 18:00

11 Genius Storage Solutions to Organize Your Home We love these products, and we hope you do too. E! has affiliate relationships, so we may get a small share of the revenue from your purchases. Items are sold by the retailer, not E!. You......
2019-06-23 14:16

Despite wacky ideas, no hurricane solutions on the horizon Hurricane Dorian has come, gone and created a lot of damage to property and to the economy. And nobody will miss Dorian except the TV news shows that managed to inundate us with storm coverage. What would these people do if we could prevent hurricane...
2019-09-11 04:00

Migration and the climate crisis: the UN’s search for solutions Throughout human history, migration and climate have always been connected, but in the modern era, the impacts of the man-made climate crisis are likely to extensively change the patterns of human settlement....
2019-08-01 02:16

Vantagescore Solutions could be your alternative to FICO scores A shake-up is taking place in the mortgage lending industry. Barrett Burns, Vantagescore Solutions CEO, joins "The Exchange" to discuss if the reign of the FICO score has ended....
2019-08-23 15:32

Hurricane Dorian insured losses in Caribbean to range from $1.5 billion to $3 billion: AIR worldwide Insurance industry losses in the Caribbean spurred by Hurricane Dorian will range between $1.5 billion to $3 billion, according to catastrophe risk modeler AIR Worldwide, a Verisk Analytics Inc unit....
2019-09-06 16:32

Jeff Bezos Cashes in $1.8 Billion of Amazon Stock, Will Keep $1.4 Billion After Taxes Jeff Bezos, the founder of Amazon and the world’s richest person, has cashed in $1.8 billion worth of Amazon shares, according to filings with the Securities and Exchange Commission submitted last night. Bezos will keep an estimated $1.4 billion from...
2019-08-01 21:00

Drugmaker Purdue Pharma reportedly offered $10 billion to $12 billion to settle opioid claims Reuters Purdue Pharma and its owners, the Sackler family, are offering to settle more than 2,000 lawsuits for $10 billion to $12 billion, NBC News reported on Tuesday, The lawsuits accused the company of aggressively marketing prescription opioids w...
2019-08-28 13:48

Purdue Pharma in discussion on $10 billion-$12 billion offer to settle opioid lawsuits: sources OxyContin maker Purdue Pharma LP and its owners, the Sackler family, are in discussion to settle more than 2,000 opioid lawsuits against the company for $10 billion to $12 billion, two people familiar with the matter said on Tuesday....
2019-08-28 01:32

Purdue Pharma in discussion on $10 billion-$12 billion offer to settle opioid claims: sources OxyContin maker Purdue Pharma LP and its owners, the Sackler family, are in discussion to settle more than 2,000 lawsuits against the company for $10 billion to $12 billion, two people familiar with the matter said on Tuesday....
2019-08-27 23:00

FirstEnergy Solutions says will work with Ohio on nuclear bailout FirstEnergy Solutions said on Monday it hopes Ohio lawmakers will pass a bill by July 17 to prevent the early closure of the state's two nuclear power reactors but cannot buy fuel for the units at this time without legislative certainty. FirstEne...
2019-07-01 22:16

Security firm G4S to separate cash solutions business British security contractor G4S said on Friday its board had approved plans to separate its cash solutions business as it looks to focus on its mainstay security operations....
2019-08-09 09:16

Rep. Crenshaw slams AOC, Democrats on border crackdown: 'They don't want solutions' Rep. Alexandria Ocasio-Cortez, D-N.Y. is using the border crisis to call President Trump evil not to find real solutions, Rep. Dan Crenshaw, R-Texas told Fox News....
2019-07-22 16:32

Tel Aviv museum showcases climate change solutions The "Fridays for Future" protests have reinvigorated the debate on climate change around the world. An exhibition in Tel Aviv now shows how cities can use innovative technologies to limit the effects of global warming....
2019-07-22 17:16

Chewy stock IPO raises more than $1 billion. Values company at $8.8 billion Chewy.com, the online pet product retailer owned by PetSmart, priced its IPO at $22 per share Thursday, above the expected range.       ...
2019-06-14 18:32

Uber Lost Another $5.2 Billion, Has Now Burned $16.2 Billion Since 2016 Uber, a company that uses rich people’s money to subsidize artificially cheap taxi rides provided by underpaid drivers, continued its streak of having never made a profit by losing another $5.2 billion in the second quarter of 2019....
2019-08-09 00:16

WeWork seeks $20 billion-$30 billion in IPO valuation: Bloomberg WeWork owner The We Company is targeting an initial stock market valuation of less than half of estimates from earlier this year, according to a report on Thursday, another sign of growing skepticism among investors about big but unprofitable technol...
2019-09-05 15:48

Brexit minister complains EU has offered no solutions to Irish backstop Exclusive: Stephen Barclay believes both UK and Brussels should propose alternativesThe Brexit secretary, Stephen Barclay, has complained to EU ambassadors that Brussels is failing to come up with ideas for replacing the Irish backstop.According to a...
2019-09-04 12:16

MOVES-NatWest names head of financing & risk solutions NatWest Markets, the investment banking arm of Royal Bank of Scotland Group, said on Monday it had appointed Kirk Wylie as head of financing & risk solutions technology....
2019-06-17 14:48

Algerian interim leader says dialogue and elections only democratic solutions Algeria needs a national dialogue to lay the groundwork for presidential elections to end a political crisis, interim President Abdelkader Bensalah said on Wednesday as mass protests calling for political reforms continued....
2019-07-04 01:32

BS6 Car Components And Powertrain Solutions To Be Delivered From September 2019: Continental Continental is targeting to be ready with its technology a little ahead of the deadline and supply it to OEMs in a bid to give them more time for installation and tuning which ultimately will ensure......
2019-06-13 14:48

Invesco makes two appointments to investment solutions team in London Investment manager Invesco Ltd on Monday appointed Ali Zouiten and Derek Steeden to two newly created roles in its Invesco Investment Solutions team in London....
2019-07-31 18:32

Alberta institute wants to share Indigenous solutions to handling wildfires A study based at an institute in Canmore will look to limit and cope with wildfire by studying how First Nations managed fire, modernizing traditional stories from Indigenous elders....
2019-05-22 09:00

Dgraph raises $11.5 million for scalable graph database solutions Dgraph Labs, a San Francisco-based company developing transactional distributed graph database software, has raised $11.5 million in capital.Read More...
2019-07-31 19:01

| Vatican seeks 'effective solutions' for Frenchman in vegetative state The Vatican has called for "effective solutions" to protect the life of a Frenchman living for years in a vegetative state, hours after a court told doctors to resume his life support....
2019-05-22 21:48

The next global recession will be immune to monetary solutions | Nouriel Roubini Unlike in 2008, we now face the consequences of three potential negative supply shocks There are three negative supply shocks that could trigger a global recession by 2020. All of them reflect political factors affecting international relations, two ...
2019-08-23 16:00

Hong Kong’s Leader Offers No Solutions After Night of Violence Hong Kong leader Carrie Lam failed Monday to allay public anger over violent attacks in the city overnight, condemning what she called “riotous” protesters who vandalized a Chinese government building before expressing “regret”...
2019-07-22 14:32

VCs like SoftBank see big opportunity in solutions to world problems: Energy Vault CEO Robert Piconi, co-founder and CEO of Energy Vault, discusses the $110 million investment the Swiss start-up received from Japanese conglomerate SoftBank....
2019-08-17 12:48

Romanian President says there are solutions if government fails confidence vote Romania's centrist President Klaus Iohannis said on Wednesday that there were transition solutions until a scheduled parliamentary election next year if the Social Democrat government fails to win parliament's vote of confidence after losing its part...
2019-08-28 23:48

Shipping companies sue Philadelphia Energy Solutions for $600,000 in unpaid bills Three Greek shipping companies sued U.S. refiner Philadelphia Energy Solutions Inc (PES) for about $600,000, claiming the company did not pay them for fees incurred by crude oil tankers chartered earlier this year, court documents showed....
2019-07-23 06:32

McConnell willing to consider ‘bipartisan’ gun violence solutions, opposes 'infringing' on rights Senate Majority Leader Mitch McConnell – a Republican who has been lambasted by Democrats for refusing to allow votes on gun control legislation – said Monday he is willing to consider “bipartisan” solutions in the wake of the mass shootings in El Pa...
2019-08-06 07:48

West Indies Must Find World Cup Solutions, Not Excuses, Says Coach West Indies started their campaign in England in impressive style, beating Pakistan by seven wickets but have since lost to Australia, England and Bangladesh....
2019-06-18 23:16

EU should be open for 'creative' solutions on Irish border: Brexit minister Britain's Brexit Minister Stephen Barclay said in an interview with several European newspapers published on Monday that the European Union should be open to "creative and flexible" solutions to the Irish border question....
2019-09-03 02:00

The Best Camp Lighting Solutions to Brighten Dark Nights Outdoors My fondest camping memories from when I was a kid involve this old green lantern my parents always set on the picnic table. It used kerosene and mantles to produce light, and I have vivid memories of my dad telling us kids to “Stand back!” every time...
2019-07-03 04:16

Fire forces Philadelphia Energy Solutions to file for bankruptcy again Philadelphia Energy Solutions (PES) filed for its second Chapter 11 bankruptcy in less than two years on Sunday, a court filing showed, a month after a fire and explosion led to the permanent shutdown of the biggest oil refinery on the U.S. East Coas...
2019-07-22 10:01

Philadelphia Energy Solutions files for bankruptcy after refinery fire Philadelphia Energy Solutions (PES) filed for Chapter 11 bankruptcy protection, the company said on Monday, its second such filing in less than two years, after a fire last month prompted it to close the largest refinery on the U.S. East Coast....
2019-07-22 17:32

Health Recovery Solutions raises $10 million for patient monitoring tools Health Recovery Solutions, a New Jersey-based company developing remote patient monitoring solutions for health systems, has raised $12 million.Read More...
2019-09-06 03:32

Philadelphia Energy Solutions seen selling RIN credits in months before bankruptcy -sources Philadelphia Energy Solutions has been seen selling biofuel credits, called Renewable Identification Numbers (RINs), in the months leading up to filing for Chapter 11 bankruptcy protection, market sources said....
2019-07-22 19:16

Clothes that grow, plant-based microbeads: 10 solutions to ocean pollution Microbeads made from plants not plastic and clothes that stretch as a baby grows are some of the ideas to be awarded a slice of £6m to prevent further ocean pollution....
2019-08-09 04:00

With companies AI-washing products, how can buyers find true AI-powered solutions? Various vendors tout security products as incorporating Artificial Intelligence, with practical results not different than what came before it. What is needed to deploy AI in security products?...
2019-07-13 04:48

Cities in Asia, Africa, America and Europe seek solutions to the same problems At Living Together 2019, local leaders talked global problems for three days. Düsseldorf's mayor had invited representatives from around the world to find local-level solutions to global problems....
2019-09-02 11:48

Pitney Bowes to sell software solutions unit for $700 million to cut debt Mail management company Pitney Bowes Inc said on Monday it would sell its software solutions unit to enterprise solutions provider Syncsort for $700 million in an all-cash deal, as it looks to cut its debt....
2019-08-26 21:00

Inference Solutions partners with Pizza Hut Australia to answer calls with chatbots San Francisco-based Inference Solutions has teamed up with Pizza Hut Australia to deploy intelligent call center agents that route customers.Read More...
2019-07-10 20:16

Philadelphia Energy Solutions shutting down remaining refinery units: source Philadelphia Energy Solutions' 335,000 barrel-per-day (bpd) refinery began permanently shutting its remaining refinery units on Monday, said a source familiar with plant operations. The shutdown will finish in a few days....
2019-07-23 06:32

UPDATE 1-G4S to separate cash solutions unit, plans to create two companies British security contractor G4S said on Friday its board had approved plans to separate its cash solutions business as it looks to focus on its core security operations....
2019-08-09 09:16

These firms promise high-tech ransomware solutions—but typically just pay hackers Enlarge / Cryptolocker was one of the ransomware pioneers, bringing together file encryption and bitcoin payment. (credit: Christiaan Colen / Flickr) This story was originally published by ProPublica. It appears here under a Creative Commons license...
2019-05-21 14:32

Samsung Launches Solutions for Deaf-Blind, Visually Impaired in India Samsung's Good Vibes app uses Morse code to convert vibrations into text or voice and vice-versa. Relumino, on the other hand, is a visual aid application for people with low vision....
2019-09-09 17:48

Mexico faces headwinds to growth as oil production slows -Fitch Solutions Mexico will face "significant headwinds" for economic growth, as slowing activity in its oil and gas sector weighs on industrial production, Fitch Solutions Macro Research said on Friday....
2019-07-13 01:16

Chinese bank seeks denial of Philadelphia Energy Solutions bankruptcy plan A Chinese bank asked a federal judge on Tuesday to deny Philadelphia Energy Solutions' initial bankruptcy requests, arguing it should get priority over any insurance payouts after a June fire destroyed a section of the PES refinery....
2019-07-23 23:32

MOVES-Alex Jones to head Intermediate Capital's U.S. private wealth solutions Asset manager Intermediate Capital Group has named Alex Jones as the head of its U.S. Private Wealth Solutions to develop business relationships with family offices and wealth managers....
2019-08-12 23:16

Trump's Mideast envoy slams UN over 'Band-Aid' solutions to Israel-Palestinian conflict The Trump administration's chief negotiator for the Israeli-Palestinian conflict delivered a blunt message to the United Nations Security Council Wednesday, asserting that it is time “to move past Band-Aid solutions" and claiming that the U.N. agency...
2019-05-23 08:00

UN civil society conference to focus on sustainable solutions for challenges of urban life “Well-planned and managed cities can steer us towards inclusive growth and serve as models of harmony among diverse people”, United Nations Secretary-General António Guterres declared in a video message on Monday to delegates at the 68th UN Civil Soc...
2019-08-27 11:16

Boeing's Tapestry Solutions announces $259M military aircraft software contract Boeing's Tapestry Solutions division announced a 10-year, $259 million contract to provide Weapon Planning Software to the U.S. military and its allies....
2019-05-29 19:48

Elizabeth Warren is not wrong about our impending economic crisis, it's just her solutions that miss the mark Sen.Elizabeth Warren has touted plenty of awful plans in her bid for the presidency, attempting to marry expansive and socializing economic policies with the nationalist rhetoric that clinched the Electoral College for President Trump. But while her ...
2019-07-22 23:32

Political solutions ‘prerequisite to sustainable peace’, Lacroix tells Security Council While peacekeeping is an “essential tool” for preventing conflict and reducing the risk of relapse, “political solutions are a prerequisite to sustainable peace”, the United Nations peacekeeping chief told the Security Council on Monday....
2019-09-10 00:48

Speedrunners Baffled By Mysterious Stranger Sending Silent Hill 2 Puzzle Solutions One of the challenges of speedrunning Silent Hill 2 is getting past the game’s puzzles. Puzzles are semi-randomly generated and will change on each playthrough. In the past week, a mysterious stranger has been slipping into speedrunners’ Twitch chats...
2019-08-08 21:16

Qatar says economic conditions for Israeli-Palestinian peace require 'fair political solutions' Qatar said on Friday that economic development needed for Israeli-Palestinian peace could not be achieved without "fair political solutions" acceptable to Palestinians, referring to a U.S. plan set to be unveiled next month....
2019-05-25 02:32

‘Bicycle Kingdom’ makes a comeback, as China seeks solutions to tackle air pollution crisis Cars have replaced bicycles as the primary means of transport in many Chinese cities but, with air pollution a major problem for the country, the bike is making a comeback, thanks to digital technology, and some 21st Century thinking....
2019-06-04 04:48

UN ‘financial crisis,’ years in the making, Guterres tells budget body, proposes solutions The UN’s financial crisis has been years in the making and is undermining the organization’s mandates and reform efforts, Secretary-General António Guterres told the Fifth Committee,  the body responsible for the United Nations budget,  on Tuesday....
2019-06-06 04:16

Stocks to Watch: Square, Exxon Mobil, Consolidated Edison, U.S. Steel, Motorola Solutions Some of the companies with shares expected to trade actively in Friday’s session include Square, EOG, Consolidated Edison, U.S. Steel and Motorola Solutions....
2019-08-02 22:01

Protests, violence in Haiti prompts international call for ‘realistic and lasting solutions’ to crisis Opposition-led protests in Haiti calling for the president to step down, which sparked violence last week, have prompted a group of senior diplomats, included the top UN official there, to issue a statement deploring the loss of life and calling for ...
2019-05-21 14:32

‘The green economy is the future,’ UN chief says in Beijing, urging climate solutions that strengthen economies, protect the environment Winning the race against climate change to keep our planet livable and on a healthy trajectory requires action rooted in sustainable solutions aligned with the Paris Agreement and the UN-driven 2030 Agenda for sustainable development, Secretary-Gener...
2019-05-21 16:00

Wednesday’s Daily Brief: Sudan, Libya, Yemen updates, solutions for e-waste, flood response in Iran, online security for children At the top of the news agenda on Wednesday: updates on violence in Sudan’s Darfur and in Libya, how e-waste can become an employment opportunity, help for the 2 million affected by floods in Iran, and efforts to make the internet safer for children....
2019-05-21 14:32

Lab-grown meat, GMOs, high-tech ag: 'Fate of Food' explores solutions to global food crisis Amanda Little explores how we'll feed the world when there too many mouths to feed amid intensifying climate change.        ...
2019-06-07 05:32

Lego strikes deal to buy back Legoland; deal includes Madame Tussauds The owner of popular Lego brand toys is about to be reunited with Legoland theme parks — and wax museum Madame Tussauds. A group of investors, including the family behind toy giant Lego, has agreed to pay for $7.5 billion for Merlin Entertainments, w...
2019-06-28 20:48

Deal: Apple Watch Series 4 LTE killer deal drops price to all-time low Prices for the newest Apple smartwatch start at $400, but the cheapest model doesn't come with cellular support. However, for $100 extra, anyone can buy an Apple Watch Series 4 (GPS + cellular) and pair it with any of the major carriers in the US, in...
2019-06-21 01:32

Boris Johnson launches leadership bid: We leave EU on October 31 deal or no deal Boris Johnson, the frontrunner to be Britain's next prime minister, promised on Monday to lead the country out of the European Union on Oct. 31 with or without an exit deal, launching his leadership bid in a campaign video....
2019-06-03 12:16

Boris Johnson's government sets aside additional $2.8B to deal with potential no-deal Brexit fallout The British government headed by newly elected Prime Minister Boris Johnson has set aside an additional £2.1 billion ($2.3 billion) in preparation for a no-deal Brexit....
2019-08-01 20:16

Brexit secretary on whether UK PM could defy no-deal law: Our focus is on securing a deal The U.K.'s Brexit Secretary Stephen Barclay called for a "creative" approach from the EU to fix the current impasse between London and Brussels....
2019-09-08 16:16

Deal or no-deal, Brexit's puppet master has more strings to pull Boxed in by parliament, British Prime Minister Boris Johnson's next move on the Brexit chessboard will most likely be played with the ruthless bravura that his senior adviser, Dominic Cummings, built his reputation on....
2019-09-10 16:16

| WATCH | Jeremy Corbyn: Hunt and Johnson are perusing post no-Deal Brexit trade deal with Trump UK Labour leader Jeremy Corbyn has accused Conservative leadership candidates Jeremy Hunt and Boris Johnson of using the possibility of a no-deal Brexit as a way to form a new trade agreement with Donald Trump's US administration. WATCH NOW....
2019-07-15 20:01

Brexit: Lords deal blow to Boris Johnson with pledge to pass bill stopping no deal – politics live Late-night Lords vote commits peers to passing Benn bill by end of Friday, before parliament is suspended. Follow for latest newsLords agree to rule out filibuster 6.37am BST 6.25am BST Boris Johnson’s failed bid to trigger a general election next m...
2019-09-05 08:00

Deal: Apple iPad mini 5 deal gets you $70 off a new model The iPad mini series is great for mobility, it's smaller than a regular tablet and slightly larger than the biggest smartphone. The iPad mini tablets were so loved by Apple fans that the Cupertino-based company had to bring back the lineup by popular...
2019-06-19 05:48

Deal or no deal, we leave EU on Oct. 31: UK PM candidate Johnson Boris Johnson, frontrunner to be Britain's next prime minister, promised on Monday to lead the country out of the European Union on Oct. 31 with or without an exit deal, launching his leadership bid in a campaign video....
2019-06-03 20:16

Deal or No Deal: What to Know About Brexit Under Boris Johnson Theresa May’s designated successor as prime minister says he is willing to leave the European Union without an agreement, despite dire predictions and opposition in Parliament....
2019-07-23 15:16

Deal or no deal: what next for Brexit, the Tories and the country? Things will have to move fast if the new PM is to take the UK out of the EU before 31 OctoberToday’s developments - liveNow that Theresa May has announced her resignation date, what happens next?Initially nothing. She will remain in post to bear the ...
2019-05-24 23:01

This Pokémon Let's Go Bundle Deal Is the Very Best, Like No Deal Ever Was If you’re super hyped about last night’s Pokémon news and it’s given you a reason to want to buy Pokemon: Let’s Go, Pikachu!, Walmart has a great deal on the bundle. Right now, Pokemon: Let’s Go, Pikachu! w/ Poke Ball is just $79, or $20 off its reg...
2019-05-29 20:00

The UK after May: no-deal, new deal, socialism - or no Brexit? The end of Theresa May's premiership will usher in an even more turbulent phase of Britain's exit from the European Union as any new leader is likely to seek to strike a tougher divorce deal, and there could be an election within months....
2019-05-23 19:00

Brexit news latest: MPs to launch fresh bid to block no-deal… as Boris Johnson insists he's 'not bluffing' about quitting without a deal MPs are set to launch a fresh bid to block a no-deal Brexit as Boris Johnson insisted that he is not bluffing over his commitment to take the UK out of the EU without a deal....
2019-07-07 17:16

The Man With the $13 Billion Checkbook How Darren Walker, a gay black man who grew up poor in Texas, came to be one of the best connected people in New York City. And what that means for the future of philanthropy....
2019-07-12 13:01

Deal or no deal, US needs Mexicans Trump has used tariffs as a stick to threaten the US's trading partners into submission, as in his spat with Mexico. But if the US cuts immigration from its southern neighbors, who will do the jobs Americans don't want?...
2019-06-10 19:00

Broadcom to Take $2 Billion Hit From Huawei Ban Broadcom said it would make $2 billion less in annual sales than expected following the U.S. ban on exports to Chinese telecom giant Huawei Technologies....
2019-06-14 03:16

U.S. to Sell $150 Billion in Debt The U.S. Treasury Department will auction $150 billion in securities next week, comprising $74 billion in new debt and $76 billion in previously sold debt....
2019-06-06 19:32

US consumer borrowing up $17.5 billion in April WASHINGTON (AP) — Consumer borrowing accelerated in April to the fastest pace in five months as a rebound in credit card usage offset slower demand for auto and student loans. The Federal Reserve says borrowing increased by $17.5 billion. That is up ...
2019-06-07 21:48

EU regulators to decide on IBM's $34 billion Red Hat bid by June 27 EU antitrust regulators will decide by June 27 whether to clear U.S. tech giant International Business Machines Corp's $34 billion bid for software company Red Hat....
2019-05-21 16:32

BP to Exit Alaska With $5.6 Billion Sale BP, a leading oil company in Alaska for six decades, is selling all of its assets in the state to Hilcorp Energy for $5.6 billion. The British company’s departure marks the latest blow to the Alaskan oil sector....
2019-08-28 02:00

Salesforce's $15.7 billion Tableau acquisition: Everything you need to know Salesforce's purchase of Tableau is a strategic play to be combine enterprise data on one platform. Here's a look at the strategic rationale, wild cards, and what it means for customers....
2019-06-10 23:32

The Company IBM's Buying For 34 Billion Dollars International Business Machines Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc as it looks to ramp up its cloud computing business....
2019-07-09 23:48

More than €10 Billion Traded on Bats LIS Since Launch LONDON – 26 September 2017 – Bats Europe, a CBOE Holdings, Inc. company and the region’s largest equities exchange operator, today reported that more than €10 billion has executed on Bats LIS, its block trading platform powered by BIDS technolo...
2019-05-21 16:00

Huawei says U.S. ban will cost it $30 billion in sales The Trump administration last month barred companies from selling U.S. technology to Huawei amid fears that the company could tap into and monitor sensitive U.S. communications through its network technology....
2019-06-17 17:48

PG&E to pay $1 billion to governments for wildfire damage SAN FRANCISCO (AP) — A California utility blamed for igniting several wildfires that killed dozens and destroyed thousands of homes has agreed to pay $1 billion to local governments. Attorneys representing 14 local public entities announced the settl...
2019-06-19 01:48

Treasury to Sell $162 Billion in Debt The U.S. Treasury Department will auction next week $162 billion in securities, comprising $123 billion in new debt and $39 billion in previously sold debt....
2019-08-02 06:48

Treasury to Sell $94 Billion in Debt The U.S. Treasury Department next week will auction $94 billion in securities, ranging from 13-week bills to 30-year Treasury inflation-protected securities....
2019-08-16 14:16

Volkswagen’s $17 Billion Change of Direction The car giant is finally putting its faith in the wonders of the capital markets with its Traton trucks IPO. If only Germany’s citizens would do the same. ...
2019-06-15 08:00

WSJ: Facebook reaches $5 billion FTC settlement The inevitable has happened for Facebook. After weeks of reports that the company was working to settle with the Federal Trade Commission (FTC) over its privacy practices, the two parties have finally come to an agreement. The Wall Street Journal rep...
2019-07-13 00:48

'Pokémon Go' has racked up 1 billion downloads So much for Pokémon Go's initial success being nothing more than a fad. The Pokémon Company has released a series of videos in Japanese noting that Niantic's location-based mobile game has been downloaded over 1 billion times...
2019-07-31 23:48

StockX Is Latest $1 Billion Unicorn StockX, an online marketplace that lets individuals trade sneakers like stocks, closed a round of venture funding that valued the startup at more than $1 billion, riding the sneaker-reselling craze fueled by teens....
2019-06-27 20:16

GE's New Billion-Dollar Problem? Boeing's MAX Just as General Electric says it is making progress on some of the conglomerate’s thorniest problems, the extended grounding of Boeing’s 737 MAX jet is putting a fresh strain on its finances....
2019-08-01 16:00

Salesforce to buy Israel's ClickSoftware for $1.35 billion U.S. cloud-based service provider Salesforce agreed to buy U.S.-Israeli software developer ClickSoftware for $1.35 billion in cash and shares, in a bid to accelerate growth of its cloud-based products to manage customer service operations....
2019-08-09 13:16

This app has saved Americans $10 billion on prescriptions so far Start-up GoodRx is upending pharmacies with an app that gives users real-time drug prices at 70,000 locations nationwide. It was ranked No. 6 on the 2019 CNBC Disruptor 50 list....
2019-05-21 15:00

Treasury to Sell $99 Billion in Debt The U.S. Treasury Department next week will auction $99 billion in securities, ranging from 13-week bills to 10-year Treasury inflation-protected securities....
2019-09-12 23:32

Uber Lost Another Billion Dollars, NBD Uber’s first quarterly earnings report as a publicly-traded company tells us much of the same as every other report the company has ever released about its finances: they can’t stop, won’t stop losing so much freaking money....
2019-05-31 01:32

Google to pay $1.1 billion in France following tax probe After a four-year investigation, Google has agreed to pay almost €1 billion ($1.10 billion) to French authorities because it did not fully declare its tax activities in the country, as reported by Reuters. The payment covers a €500 million....
2019-09-13 19:00

Treasury to Sell $113 Billion in Debt The U.S. Treasury Department will auction $113 billion in securities next week, comprising $62 billion in new debt and $51 billion in previously sold debt....
2019-06-14 03:16

Brookfield, GIC to buy Genesee & Wyoming for about $6.4 billion Canada's Brookfield Asset Management Inc and Singaporean sovereign wealth fund GIC on Monday agreed to buy U.S. freight railroad owner Genesee & Wyoming Inc for about $6.4 billion in cash....
2019-07-02 10:32

Over $1 billion of cocaine seized in Philadelphia U.S. authorities seized more than $1 billion worth of cocaine Tuesday from a ship at a Philadelphia port, calling it one of the largest drug busts in American history. (June 18)        ...
2019-06-19 01:32

Treasury to Sell $112 Billion in Debt The U.S. Treasury Department will auction next week $112 billion in securities, comprising $76 billion in new debt and $36 billion in previously sold debt....
2019-07-11 22:16

UN to appeal for $1.2 billion to help 5 million Palestinians UNITED NATIONS (AP) — The head of the U.N. agency for Palestinian refugees says he hopes donors will be as generous this year as they were last year after the United States cut all funding for the $1.2 billion program to help some 5 million Palestini...
2019-06-22 01:32

Cisco to Buy Acacia Communications for About $2.6 Billion Cisco Systems is buying Acacia Communicationsm a maker of high-speed, optical interconnect technologies, for about $2.6 billion, or $70 a share, looking to meet rising demands on performance of networking gear....
2019-07-09 17:48

Facebook not worried about $5 billion FTC fine Facebook’s eye-popping $5 billion FTC fine may have set a record, but it’s a drop in the bucket for owner Mark Zuckerberg. Zuckerberg, who has a net worth of $79.8 billion according to Bloomberg, could pay the fine out-of-pocket and still remain comf...
2019-07-25 05:00

CBS unlikely to pay Lionsgate’s $5.5 billion price tag for Starz Lionsgate’s chances of selling its Starz TV network to CBS for $5.5 billion just shrank — by about $2 billion. Investors in the film studio behind “The Hunger Games” made it abundantly clear this week that they don’t see CBS writing a $5 billion-plus...
2019-05-25 09:16

Facebook Agrees to Pay $5 Billion in FTC Settlement Facebook agreed to pay a record $5 billion fine and better police its data-privacy practices to settle a long-running federal investigation that has damaged the company’s standing with consumers and clouded its future....
2019-07-24 18:32

How the Promise of a $120 Billion Uber I.P.O. Evaporated Uber’s offering was supposed to be a crowning moment for the ride-hailing company. But it suffered setback after setback and ultimately resulted in pointed questions for all involved....
2019-05-21 18:00

Fireworks sales to top $1.3 billion in 2019 The fireworks business receives most of its revenue in the leadup to the Fourth of July holiday. That revenue has surged recently.       ...
2019-07-02 23:48

Microsoft posts a record $29.1 billion Q1. Same old, same old (credit: Julien GONG Min / Flickr) Microsoft has posted the results of the first quarter of its 2019 financial year, which runs up until September 30, 2018. Revenue was $29.1 billion, up 19 percent year on year, to set a new record for the company'...
2019-05-21 18:16

U.S. demands $12.7 billion in judgment against 'El Chapo' U.S. authorities said on Friday they were seeking a court order requiring Mexican drug lord Joaquin "El Chapo" Guzman to forfeit $12.7 billion following his conviction for racketeering and drug trafficking crimes earlier this year....
2019-07-06 03:32

Microsoft to invest $1 billion in OpenAI Microsoft Corp said on Monday it was investing $1 billion in San Francisco-based OpenAI and that the two had formed a multi-year partnership to develop artificial intelligence supercomputing technologies on Microsoft's Azure cloud computing service....
2019-07-22 17:32

U.S. Threatens Further Tariffs on $4 Billion of EU Goods The U.S. has widened its threat to impose tariffs against the European Union, pending the outcome of a World Trade Organization case over subsidies to the airplane manufacturer Airbus....
2019-07-02 09:32

Treasury to Sell $203 Billion in Debt The U.S. Treasury Department will auction $203 billion in securities next week, comprising $149 billion in new debt and $54 billion in previously sold debt....
2019-05-24 01:48

With $1 Billion From Microsoft, an A.I. Lab Wants to Mimic the Brain OpenAI, now managed by start-up guru Sam Altman, wants to create a machine that can do anything the human brain can do. Skeptics wonder if it is possible....
2019-07-22 16:16

Netflix has shipped 5 billion discs Streaming dominates Netflix's universe, but don't think its disc-based service is dead yet -- in fact, it just marked a big milestone. The other part of Netflix's business just shipped its 5 billionth disc (Rocketman, if you're c...
2019-08-27 07:16

Does SoftBank Really Have $108 Billion for Its Vision Fund 2? SoftBank appeared to have pulled off a fundraising coup last month when it announced a technology investment fund with $108 billion in expected capital from the likes of Apple and Microsoft....
2019-08-06 20:16

WeWork may seek IPO valuation as low as $10 billion WeWork’s parent company may seek a valuation as low as $10 billion in its looming public debut, a dramatic discount to the $47 billion valuation it achieved in January, people familiar with the matter said Friday. The deliberations indicate tha...
2019-09-14 09:16

DowDuPont to take $800 million to $1.3 billion charge in the second quarter DowDuPont said it expects to book an pretax charge of $800 million to $1.3 billion for the April-June quarter, resulting from changes in valuation of assets in the wake of a drop in ethanol prices and weak demand for its biomaterial products....
2019-05-30 05:00

Mozambique seeks $3.2 billion to recover from cyclones JOHANNESBURG (AP) — Mozambique says it needs $3.2 billion to recover from a pair of tropical cyclones that ripped into the southern African nation this year and killed more than 600 people. That’s according to a government assessment for a glob...
2019-05-30 10:48

Uber's First-Quarter Loss Tops $1 Billion The ride-hailing company’s loss topped $1 billion in its first quarterly report as a public company, affirming its continuing challenge of spending heavily to fend off ride-hailing and delivery rivals....
2019-05-31 00:00

China Announces New Tariffs on $75 Billion in U.S. Goods (BEIJING) — China on Friday announced tariff hikes on $75 billion of U.S. products in retaliation for President Donald Trump’s latest planned increase, deepening a conflict over trade and technology that threatens to tip a weakening globa...
2019-08-23 20:00

Apple’s $3 billion purchase of Beats has already paid off "Oh shit, the Forbes list just changed," Tyrese Gibson proclaimed in a 2014 Facebook video. "The first billionaire in hip-hop, right here from the motherfucking West Coast," Dr. Dre chimed in....
2019-05-29 01:48

US trade deficit shrinks to $50.8 billion in April WASHINGTON (AP) — The U.S. trade deficit shrank in April, but the politically sensitive deficit with China moved higher. The Commerce Department says the gap between the goods and services the U.S. buys and what it sells abroad fell 2.1% to $50.8 bil...
2019-06-06 17:00

Mozambique Says It Needs $3.2 Billion to Recover After Deadly Cyclones (JOHANNESBURG) — Mozambique says it needs $3.2 billion to recover from a pair of powerful tropical cyclones that ripped into the southern African nation earlier this year and left hundreds dead, raising alarm about the effects of climate change...
2019-05-30 15:32

How China Is Planning to Rank 1.3 Billion People China has a radical plan to influence the behavior of its 1.3 billion people: It wants to grade each of them on aspects of their lives to reflect how good (or bad) a citizen they are. Versions of the so-called social credit system are being tested in...
2019-06-04 12:49

Facebook’s Getting Slapped With a $5 Billion FTC Privacy Settlement The U.S. Federal Trade Commission approved a record privacy settlement against Facebook requiring the social media company to pay about $5 billion to resolve an investigation stemming from the Cambridge Analytica data scandal. The FTC’s settlem...
2019-07-12 23:32

China To Impose New Tariffs On $75 Billion Of US Imports China announced Friday it will hit US soybeans, lobsters, peanut butter and other imports worth $75 billion with new tariffs in retaliation for Washington's planned duty hikes, further intensifying......
2019-08-24 01:32

Evergrande squeezed by $53 billion in maturing debt China Evergrande Group, the property developer with dreams of becoming an electric-vehicle powerhouse, is finding it’s picked an inopportune time to load up on debt....
2019-09-02 22:32

Trump Threatens China With Further $300 Billion Of Tariffs U.S. President Donald Trump threatened to hit China with "at least" another $300 billion of tariffs but said he thought both China and Mexico wanted to make deals in their trade disputes with the......
2019-06-06 15:32

BP exits Alaska with $5.6 billion sale to Hilcorp British oil major BP said on Tuesday it had agreed to sell its Alaskan operations for $5.6 billion to privately held oil and natural gas explorer Hilcorp Alaska as part of its divestment plans....
2019-08-27 20:32

Applied Materials to Buy Kokusai Electric From KKR for $2.2 Billion Applied Materials said it is acquiring Kokusai Electric, a producer of semiconductor manufacturing equipment, for $2.2 billion from global investment firm KKR....
2019-07-01 14:16

China to Impose Tariffs on $75 Billion More of U.S. Goods China will impose tariffs on $75 billion worth of additional U.S. products in response to U.S. tariffs on $300 billion in Chinese goods. The country will also resume tariffs of 25% on U.S. vehicles and 5% on U.S. auto parts starting Dec. 15....
2019-08-23 17:00

Callon Petroleum to Buy Carrizo Oil for $1.2 Billion in Stock Callon Petroleum has said it would buy Carrizo Oil & Gas Inc. for $1.2 billion in stock as the oil company seeks to build scale in key production areas in Texas, including in the Permian Basin and Eagle Ford shale production areas....
2019-07-15 16:48

Shell Avoids Hard Promises on That $125 Billion Investment and debt-reduction demands will persist, and the need for M&A can’t be ruled out. Investors should be grateful for the dividend they’ve got....
2019-06-05 03:16

Trump signs $4.6 billion border aid package President Donald Trump signed a $4.6 billion aid package on Monday to help the federal government cope with the surge of Central American immigrants at the U.S.-Mexico border. (July 1)        ...
2019-07-02 05:16

NXP to buy Marvell's WiFi, Bluetooth business for $1.76 billion Dutch chipmaker NXP Semiconductors NV said on Wednesday it will buy Marvell Technology Group Ltd's wireless connectivity business for $1.76 billion in cash to offer its customers a bigger product portfolio....
2019-05-30 01:32

FTC Approves Roughly $5 Billion Facebook Settlement The Federal Trade Commission voted this week to approve a roughly $5 billion settlement with Facebook over a long-running probe into the tech giant’s privacy missteps, according to a person familiar with the matter....
2019-07-13 02:32

For 5G, AT&T and T-Mobile buy $1.8 billion worth of 24GHz spectrum across US Enlarge (credit: Getty Images | SOPA Images) AT&T and T-Mobile committed to spend nearly $1.8 billion, combined, on high-frequency spectrum for their 5G networks in a Federal Communications Commission auction that sold airwave licenses covering the...
2019-06-06 05:16

Prudential buys Assurance IQ for $2.35 billion in new tech bet Prudential Financial Inc is set to buy online insurance startup Assurance IQ Inc for $2.35 billion, the latest in a series of moves by traditional insurers to up investment in technology and data crunching by buying Silicon Valley startups....
2019-09-05 21:32

The Latest: House OKs $19.1 billion disaster aid bill WASHINGTON (AP) — The Latest on the House vote on a $19.1 billion disaster aid bill (all times local): 7 p.m. The House has given final approval to a long-delayed $19.1 billion disaster aid bill. That clears the way for the measure to be sent to Pres...
2019-06-04 01:16

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

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

Lawmakers pass $11.8 billion Arizona budget PHOENIX (AP) – The Latest on action at the Arizona Legislature as members rush to adjourn for the year (all times local): 9:15 p.m. Arizona has a new $11.8 billion budget after lawmakers overcame tense infighting among Republicans, who hold nar...
2019-05-28 17:16

Carmakers Have $372 Billion Incentive To Defy Trump Trump on Wednesday lobbed baseless accusations at Ford Motor, which along with BMW, Honda Motor and Volkswagen recently sided with the Golden State. But the financial case for greener vehicles is......
2019-08-26 03:32

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

IBM closes $34 billion Red Hat acquisition: Now it's time to deliver Red Hat is now part of IBM and the two companies made sure customers, developers and partners all knew about the commitment to open source, developer programs and multi-cloud deployments....
2019-07-09 18:16

Hurricane Dorian could cost insurers $25 billion: UBS Hurricane Dorian, which battered the Bahamas early on Monday, could cause insurance industry losses of up to $25 billion, according to analysts at UBS....
2019-09-02 18:00

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

US threatens EU with $4 billion worth of additional tariffs Just days after reaching a truce over trade with China, the US government on Monday increased pressure on Europe in a long-running dispute over aircraft subsidies....
2019-07-02 07:32

NASA estimates it will need up to $30 billion for moon landing NASA has touted its bold plan to return American astronauts to the moon by 2024 for months. Now we're starting to get an idea of how much it will cost....
2019-06-14 19:32

Americans to spend $1 billion on beer this 4th of July Nevada will become the first state to ban employers from rejecting job applicants because of failed drug tests. Veuer’s Natasha Abellard has the story.       ...
2019-07-04 02:16

Palestinians reject US's €50 billion peace plan Palestinian officials have described as "abstract promises" a new $50 billion investment plan for the Palestinian economy. The Palestinian Authority will boycott a two-day peace conference in Bahrain next week....
2019-06-23 01:16

Facebook plans its own currency for 2 billion-plus users SAN FRANCISCO (AP) — Facebook is launching a new digital currency to make e-commerce accessible to more people around the world. The social media giant is announcing Libra, a cryptocurrency it is creating with more than two dozen partners including U...
2019-06-18 13:32

US fines Facebook $5 billion for privacy violations The US Federal Trade Commissions has said it would also place new oversight and restrictions on Facebook. It is the largest fine that the FTC has ever imposed on a technology company....
2019-07-24 17:32

PG&E to float $31 billion restructuring plan: Bloomberg Power producer PG&E Corp will propose a $31 billion bankruptcy restructuring plan that will include two funds worth a total of $34 billion to cover past and future wildfire claims, Bloomberg reported https://twitter.com/scottdeveau/status/11421179956...
2019-06-21 23:16

Billion-year-old fossils may be early fungus Enlarge (credit: Loron, et. al.) When did the first complex multicellular life arise? Most people, being a bit self-centered, would point to the Ediacaran and Cambrian, when the first animal life appeared and then diversified. Yet studies of DNA su...
2019-05-23 01:32

Germany's Metro says $6.6 billion bid undervalues company Metro said that an unsolicited offer by two prominent investors to take over the German retailer substantially undervalues it and advised shareholders on Sunday to hold off on taking action until management comments further....
2019-06-23 14:00

PG&E agrees to pay $1 billion to governments for wildfire damage SAN FRANCISCO (AP) — A California utility blamed for igniting several wildfires that killed dozens and destroyed thousands of homes has agreed to pay $1 billion to local governments. Attorneys representing 14 local public entities announced the settl...
2019-06-19 03:48

Trump announces $16 billion in aid for U.S. farmers hit by trade war The package announced at the White House is bigger than last year's $12 billion in emergency aid for farmers and ranchers caught in tariff showdowns....
2019-05-24 02:48

PG&E to pay $1 billion to local governments for catastrophic wildfires California utility Pacific Gas and Electric has agreed to pay $1 billion to 14 local governments for igniting several devastating wildfires that destroyed thousands of homes and nearly wiped out one town. ...
2019-06-19 04:48

Behind Brazil's $240 Billion Pension Cut, a Once-Reviled Ex-Banker House Speaker Rodrigo Maia takes the spotlight from President Jair Bolsonaro with a startling legislative victory, as the lawmaker pushes an ambitious agenda for Brazil....
2019-08-01 23:00

Snap to raise $1 billion to invest in AR, possible acquisitions Snap Inc on Tuesday said it will raise $1 billion in short-term debt and plans to invest in more media content, augmented reality features and may also buy other companies....
2019-08-06 17:48

PG&E Strikes $11 Billion Settlement With Insurers Over Wildfires PG&E Corp. agreed on an $11 billion settlement to resolve the majority of claims by insurance carriers from the 2017 Northern California wildfires and the 2018 Camp Fire....
2019-09-13 20:00

World population to reach 9.7 billion by 2050 — UN The United Nations predicts that half of this growth will take place in only nine countries, as the world is getting older overall. India is projected to become the world's most-populated country by 2027....
2019-06-18 07:00

U.S. clears SoftBank's $2.25 billion investment in GM's Cruise SoftBank has come under increasing U.S. scrutiny over its ties to Chinese firms in the face of an escalating trade and technology war between Washington and Beijing....
2019-07-06 22:00

India's PNB says detects 38 billion rupee fraud India's state-run Punjab National Bank (PNB) on Saturday said it had reported a borrowing fraud of 38.05 billion Indian rupees ($556 million) in Bhushan Power & Steel Ltd's account to the country's central bank....
2019-07-06 21:48

Facebook to Pay Record $5 billion US FTC Fine Over Privacy Facebook will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and will boost safeguards on user data, the US FTC and the social media company said on......
2019-07-25 08:48

Simjacker attack could affect a billion smartphones A new SIM card flaw has been discovered by security researchers who say that more than a billion smartphones could be at risk as threat actors are currently exploiting it in the wild.The vulnerability, called Simjacker, was found in mobile SIM cards ...
2019-09-14 02:00

Earth’s water came from a collision 4 billion years ago Water arrived on Earth at exactly the same time that the moon was created over 4 billion years ago, according to a new study. This phenomenon is thought to have happened when an “ancient planet” called Theia smashed into Earth. Planetolog...
2019-05-23 20:16

Population Of Earth To Reach 9.7 Billion In 2050: UN The world population is expected to climb to 9.7 billion in 2050 from 7.7 billion today, with the population of sub-Saharan Africa doubling, a United Nations report released Monday said....
2019-06-18 05:32

Google Photos hit a billion users in just over four years Google has confirmed Google Photos now has more than a billion users. It surpassed the milestone earlier this summer, a little over four years after it unveiled Photos, Google told Fast Company in a profile of the service....
2019-07-24 22:48

GateHouse Media Parent to Buy Gannett for $1.4 Billion The country’s two largest newspaper chains agreed to combine their businesses in a roughly $1.4 billion deal, further consolidating an industry reeling from strong economic headwinds....
2019-08-05 23:32

Facebook has taken down over 2 billion fake accounts in 2019 Facebook took down 2.19 billion fake accounts during the first quarter of 2019, the company has announced. In addition to that, Facebook said it disabled 1.2 billion fake accounts in Q4 2018. These numbers are quite staggering when you consider that....
2019-05-23 21:32

PG&E settles wildfire claims with insurers for $11 billion PG&E Corp said on Friday it has reached an $11 billion settlement to resolve most claims by insurance carriers related to 2017 and 2018 wildfires in California....
2019-09-13 21:32

5G auction in Germany raises €6.5 billion from four telcoms After hundreds of rounds of bidding over nearly three months, Germany raised more than expected from its 5G spectrum auction. Auction winners will have to supply households with fast internet and share their networks....
2019-06-13 05:16

FTC Set to Unveil Terms of $5 Billion Facebook Settlement The Federal Trade Commission is expected to announce a settlement with the tech giant over its privacy practices as soon as this week. As part of the deal, Facebook plans to form a board committee for privacy oversight....
2019-07-22 22:16

Sri Lanka In Talks With China For $1 Billion Loan Sri Lanka is seeking a loan of nearly $1.0 billion from China for energy and highways as the island recovers from the devastating Easter Sunday bombings, the finance ministry said Thursday....
2019-06-20 18:00

Facebook's $5 Billion US FTC Settlement Said to Be Announced This Week The US FTC expected to announce a roughly $5 billion settlement with Facebook as early as this week, two sources briefed on the matter said on Monday....
2019-07-23 22:48

Slack IPO starts trading at $38.50 for $23 billion valuation Slack's IPO started with a bang as the first trade was priced at $38.50, giving the company a $23 billion valuation, well above the expected $16 billion.Read More...
2019-06-21 00:32

| Population of Earth to reach 9.7 billion in 2050: UN The world population is expected to climb to 9.7 billion in 2050 from 7.7 billion today, with the population of sub-Saharan Africa doubling, a United Nations report released Monday said....
2019-06-19 16:32

WeWork lost $1.9 billion last year, but it's considering going public The We Company, parent company of WeWork, is the latest in a string of richly valued start-ups set to go public this year. But though it is valued at $47 billion, it's far from turning a profit. Instead, it's hemorrhaging cash....
2019-05-21 14:48

What a $20 billion week signals for data and analytics When $20 billion gets spent to acquire two companies in the same market segment within a few days, it's clear that a fundamental market shift is upon us.Read More...
2019-06-17 05:16

Salesforce to Buy Analytics Platform Tableau for More Than $15 Billion Salesforce.com agreed to buy data-analytics platform Tableau Software for more than $15 billion in stock, a deal aimed at expanding the business-software firm’s digital offerings beyond customer-relationship management tools....
2019-06-10 19:16

US seeks $12.7 billion from drug lord 'El Chapo' Citing years of narcotics trafficking, US prosecutors have called for "El Chapo" to forfeit billions in drug money. But his lawyer dismissed the request, saying "the government has never located or identified a penny."...
2019-07-06 07:16

Crackdown targets scammers behind 1 billion robocalls Federal authorities announced a major crackdown on dozens of robocallers responsible for about 1 billion robocalls. The effort, dubbed “Operation Call it Quits,” included actions by the Federal Trade Commission and 25 additional federal, ...
2019-06-27 19:00

Huawei Expects $30 Billion Revenue Hit From U.S. Clampdown The U.S. campaign against Huawei Technologies is taking a toll, with the company’s founder forecasting a hit to revenue of about $30 billion over the next two years....
2019-06-17 13:16

U.S. seeks $12.7 billion from ‘El Chapo’ — the value of all the drugs he trafficked The sum represents the total amount of cocaine, marijuana and heroin that a jury found Guzman to have trafficked, multiplied by the average prices of those drugs, according to a filing by prosecutors in Brooklyn federal court....
2019-07-06 06:32

Study finds that a GPS outage would cost $1 billion per day Enlarge / The first of the Air Force's new GPS 3 satellites launches on a SpaceX Falcon 9 rocket in December, 2018. (credit: SpaceX) Since becoming fully operational in 1995, Global Positioning System technology has become widely adopted in the Uni...
2019-06-15 01:48

Huawei's US ban may cost $30 billion, but it vows to rebound If you were wondering what the short-term cost of America's war with Huawei was, then your estimates can begin at the $30 billion mark. That's the figure Huawei chief Ren Zhengfei mentioned earlier today when discussing the hit his company ...
2019-06-17 12:16

Salesforce bets on big data with $15.3 billion Tableau buy Salesforce.com Inc agreed on Monday to buy big data firm Tableau Software Inc for $15.3 billion, adding muscle in its fight with Microsoft Corp for a bigger share of the market that helps businesses target customers with tools to analyze and visualiz...
2019-06-11 01:32

Startup that owns TikTok now has one billion users ByteDance, the Beijing-based startup behind popular short video platform TikTok, has amassed more than one billion monthly active users across its apps....
2019-06-21 07:32

One in a billion: Why Virat Kohli represents a 'new India' In a country where cricket's unifying importance is tantamount to that of religion, the role of leading India into a World Cup comes with a certain divinity -- both an unrivaled privilege and the not insubstantial pressure of carrying the weight of a...
2019-05-22 11:32

Cboe FX Reports Record ADV of $42.6 Billion in January NEW YORK and LONDON – 5 February 2018 – Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, today announced its foreign exchange (FX) market, Cboe FX, reported record spot average daily volume...
2019-05-21 16:00

Microsoft invests $1 billion in OpenAI, which is going all-in on Azure OpenAI, a company working on AI for the public good, is committing to build with Microsoft new Azure AI supercomputing technologies, and getting a $1 billion infusion from Microsoft as part of the arrangement....
2019-07-23 04:32

Islanders get approval for $1.3 billion arena project The New York state board responsible for economic development has approved a $1.3 billion project to build 19,000-seat arena that will be the new home of the New York Islanders as well as a 350,000-square-foot entertainment complex, according to a re...
2019-08-09 21:32

Brazil's Bolsonaro says government must cut another 2.5 billion reais President Jair Bolsonaro said on Saturday that Brazil's federal government will need to cut its budget by 2.5 billion reais ($667 million) next week, website UOL reported, as weak economic growth continues to squeeze revenue....
2019-07-21 00:48

Universe might be 2 billion years younger: study Researchers at the Max Planck Society in Germany have said the cosmos is expanding faster than previously believed, leading them to believe the universe is significantly younger. But some are skeptical of the findings....
2019-09-13 15:32

Pfizer to buy cancer drug developer Array for $10.64 billion Pfizer Inc said on Monday it would acquire Array Biopharma Inc for $10.64 billion in cash, giving it access to the target's approved drugs for skin cancer and the targeted cancer medicines in its pipeline....
2019-06-17 13:48

US FTC Said to Approve $5-Billion Facebook Fine Over Privacy Issues The US Federal Trade Commission approved a roughly $5 billion settlement with Facebook this week over its investigation into the social media company's handling of user data....
2019-07-13 07:16

Huawei CEO says U.S. ban hit harder than expected, warns of $100 billion revenue dip Huawei CEO Ren Zhengfei said the impact of a U.S. ban on the Chinese company was more severe than expected, warning that revenue could dip by $100 billion.Read More...
2019-06-17 17:32

FTC hits Facebook officially with record $5 billion fine The Federal Trade Commission charged Facebook on Wednesday a record-breaking $5 billion penalty for violating a 2012 order by the commission related to fooling users about their ability to control privacy....
2019-07-25 10:16

Slack starts trade with surge, valued at more than $23 billion The initial public offering of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, opened at a price of $38.50 per share, valuing it at more than $23 billion, well above the $16 billion reference point set by the ...
2019-06-20 18:48

Amgen to buy Celgene psoriasis drug Otezla for $13.4 billion Amgen Inc will buy Celgene Corp's psoriasis drug Otezla for $13.4 billion in cash, clearing the way for Bristol-Myers Squibb to go ahead with its $74 billion deal for Celgene by the end of the year....
2019-08-27 01:00

Slimmed-down WPP to net $3.1 billion selling Kantar stake to Bain WPP is selling a 60% stake in Kantar to private equity firm Bain Capital, valuing the data analytics business at about $4 billion and giving the British owner of agencies including Ogilvy and Wunderman Thompson funds to cut debt and rebuild....
2019-07-12 19:48

Walmart to invest $1.2 billion in China to upgrade logistics Walmart Inc plans to invest 8 billion yuan ($1.2 billion) in China over the next 10 years to upgrade logistics, the U.S. retail giant said on its social media account on Monday....
2019-07-01 19:48

Facebook To Pay Record $5 Billion Fine Over Privacy Violations Facebook Inc will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and the social media giant will restructure its approach to privacy...
2019-07-24 17:48

Oklahoma judge to rule in $17 billion opioid lawsuit against J&J An Oklahoma judge on Monday will decide whether Johnson & Johnson should be held liable in a $17 billion lawsuit alleging the drugmaker's marketing practices fueled the opioid epidemic by causing a flood of painkillers in the market....
2019-08-26 19:00

Venezuela migrants propel billion-dollar delivery app BOGOTA, Colombia — It’s six in the morning and Samuel Romero is already pulling his bicycle out of a small garage. The 21-year-old Venezuelan migrant turns on his phone and logs on to Rappi, an app through which freelance cyclists get paid to make de...
2019-07-31 21:48

Investors pull $1.5 billion from India equities so far in July: IIF Non-residents have pulled about $1.5 billion from Indian equities so far in July, reversing a strong trend of inflows in previous months, data from the Institute of International Finance showed on......
2019-07-31 18:32

Huawei founder: US crackdown will cost the company $30 billion Huawei’s founder said Monday that the Chinese telecom giant’s revenue will be $30 billion less than forecast over the next two years.       ...
2019-06-17 14:16

Here’s Why Apple Just Spent $1 Billion to Buy Intel’s Modem Business Apple is buying Intel’s struggling cellular modem unit, bringing on key engineering talent and patents that will allow the technology giant to more quickly develop crucial components to connect its devices to the mobile internet. The deal is va...
2019-07-31 22:16

Huawei says U.S. ban hurting more than expected, to wipe $30 billion off revenue China's Huawei Technologies Co Ltd has taken a harder-than-expected hit from a U.S. ban, the company's founder and CEO Ren Zhengfei said, and slashed revenue expectations for the year....
2019-06-17 15:48

Sotheby’s Auction House to Be Taken Private in $3.7 Billion Sale Patrick Drahi’s acquisition of the auction house, which has struggled to turn a profit recently, will return it to private ownership after 31 years of being publicly traded....
2019-06-17 17:16

German chipmaker Infineon to buy US rival Cypress for €9 billion Infineon, Germany's largest chip manufacturer, is on the verge of making its biggest-ever acquisition. The move comes amid a slump in the chip industry and a dip in the chipmaker's share price....
2019-06-03 13:48

UN: World population expected to rise to 9.7 billion in 2050 UNITED NATIONS (AP) — The United Nations says the world’s population is getting older and growing at a slower pace but is still expected to increase from the current 7.7 billion to 9.7 billion in 2050. The U.N. Department of Economic and Social...
2019-06-17 19:16

WeWork, the $47 billion co-working company, is gearing up for a huge IPO. Here's everything we know about what's going on. Jackal Pan/Reuters The We Company, better known as WeWork, is preparing for an initial public offering. Backed by SoftBank, the managed office company was last valued at $47 billion. Like other unicorns going public, the company is losing billions &...
2019-08-28 13:48

The new front in Trump's trade war could cost consumers at least $93 billion Based on 2018 trade numbers, it would equate to a tax on U.S. consumers that would start at $18.6 billion and escalate to about $93 billion. Those figures, while a baseline from which to measure, don't take into account all the impact....
2019-05-31 18:48

New Zealand Unveils New "Wellbeing" Budget With $2.5 Billion Spending New Zealand on Thursday unveiled a $2.5-billion-dollar spending package under its 'wellbeing' budget, prioritising mental health and alleviating child poverty, as it rolled out a new approach to......
2019-05-30 17:48

Deutsche Bank blames restructuring for €3.1 billion Q2 loss The German lender has reported a bigger loss than predicted last month when it announced a major business overhaul. The troubled bank says it would be profitable if not for the restructuring costs....
2019-07-24 13:32

Microsoft to Invest $1 Billion in Artificial-Intelligence Startup Microsoft plans to invest $1 billion in artificial-intelligence startup OpenAI, as the software giant seeks to enhance its Azure cloud-computing platform....
2019-07-22 22:16

Google Makes Housing Commitment Valued at $1 Billion Google said it would commit $1 billion to boost housing construction in the San Francisco Bay Area, the latest in a series of commitments by tech companies to address an affordability crisis in the region....
2019-06-19 09:32

Colombia could spend $1 billion on new air force planes: sources Colombia is examining proposals from the United States, Spain and Sweden as it look to replace its aging military aircraft, the South American country's air force said on Tuesday....
2019-07-23 23:32

Ford Faces Big $1.2 Billion Lawsuit Over F-150 Fuel Economy Ford faces a potentially big lawsuit, pundits wonder if the new Corvette will sell, everyone is maybe getting real about autonomous cars and much more for The Morning Shift of Tuesday, July 23, 2019....
2019-07-23 19:32

Tentative Federal Budget Would Raise Spending by $320 Billion Speaker Nancy Pelosi of California and Steven Mnuchin, the Treasury secretary, are close to a deal to increase spending and raise the government’s borrowing limit....
2019-07-22 23:48

U.S. foreign arms sales hit $44.15 billion in first three quarters of FY2019 The Pentagon's Defense Security Cooperation Agency (DSCA) has executed $44.15 billion in U.S. foreign arms sales through June 19, and the agency's director said he was optimistic the total for the full year would reach last year's $55.66 billion....
2019-06-19 18:16

Monthly US trade deficit rises slightly to $72.1 billion The U.S. Census Bureau reported Thursday that the international trade deficit in goods rose to $72.1 billion in April, up a marginal 0.3% from March's level of $71.9 billion according to an "advance look" at the data. The shift was due to exports dro...
2019-05-30 19:48

The Hottest Phones for the Next Billion Users Aren't Smartphones Millions of first-time internet consumers are connecting to the web on a new breed of device that only costs about $25. These smart feature phones make up one of the industry’s fastest-growing and least-known segments....
2019-07-23 13:32

$4.6 Billion in Aid Advances to Help Cope With Migrant Surge at Border The Senate measure cleared a committee with bipartisan support and will be voted on by the full chamber next week, but it is unclear how well it matches the House’s plans....
2019-06-19 23:16

U.S. seizes $1 billion worth of cocaine from ship in Philadelphia Federal authorities seized 16.5 tons of cocaine worth more than $1 billion from a ship in Philadelphia in one of the largest drug seizures in U.S. history, the U.S. Justice Department said on Tuesday....
2019-06-19 05:48

The world's largest brewer just made $1 billion from its new venture's arm — here's how Like other companies, AB InBev had not focused enough on innovation. The company had been talking about it since around 2010, and got "incrementally better," but wanted to do more. It founded ZX Ventures in 2015 and just passed $1 billion in sales....
2019-07-24 14:48

BP to quit Alaska after 60 years with $5.6 billion sale to Hilcorp British oil major BP Plc on Tuesday agreed to sell all its Alaskan properties for $5.6 billion to privately held Hilcorp Energy Co, exiting a region where it operated for 60 years....
2019-08-28 00:00

Google wants next billion users, but has no plans to launch in China Google CEO Sundar Pichai said his company doesn't have plans to launch in China, but that doesn't mean the tech giant wants to ignore its hundreds of millions of Internet users....
2019-06-17 21:16

Struggling Deutsche Bank suffers $3.5 billion loss Deutsche Bank reported a bigger-than-forecast quarterly loss of 3.15 billion euros ($3.5 billion), underlining the challenges it faces as it attempts to turn around its struggling business. Deutsche Bank had this month flagged it would lose around 2....
2019-07-25 00:01

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

Donors pledge $1.2 billion to rebuild Mozambique after cyclones: U.N. International donors pledged to contribute $1.2 billion to help rebuild areas and infrastructure destroyed by cyclones Kenneth and Idai in Mozambique, according to the United Nations, less than half the amount the government says is needed....
2019-06-02 15:48

Facebook’s $5 billion settlement blasted as insufficient by FTC’s own chiefs Facebook’s record-breaking $5 billion settlement is already being slammed as a slap on the wrist for Mark Zuckerberg — by leaders of the very government agency that orchestrated the deal. The Federal Trade Commission Wednesday hailed the settlement, ...
2019-07-24 21:32

Mega Millions Jackpot Goes Up To Nearly Half A Billion Dollars (CNN/LEX 18) – If you’re feeling lucky now would be a good time to buy a lottery ticket. The Mega Millions jackpot has grown to nearly half of billion dollars. The winning numbers on Friday night were 7, 8, 26, 65 and 67, plus the gold Me...
2019-06-02 02:32

Sotheby's snapped up by French tycoon Drahi for $3.7 billion Franco-Israeli cable magnate Patrick Drahi made a surprise move into the art world by snapping up Sotheby's in a deal worth $3.7 billion, marking the art auction house's return to private ownership after 31 years....
2019-06-18 06:48

Daimler Loses $1.3 billion On Diesel, Airbag Woes Daimler AG, the maker of Mercedes-Benz luxury cars, says it lost 1.2 billion euros ($1.3 billion) in the second quarter as the company booked 4.2 billion euros in one-time charges for troubles with......
2019-07-24 20:16

Reckitt to pay $1.4 billion to end U.S. opioid addiction treatment probes Reckitt Benckiser has agreed to pay up to $1.4 billion to resolve U.S. claims that its former pharmaceuticals business Indivior before it was spun out of the company carried out an illegal scheme to boost sales of an opioid addiction treatment....
2019-07-11 21:48

Man Who Lost $35 Billion In One Year Has Some Advice For Elon Musk Walking down a busy street in Rio de Janeiro one recent afternoon, we bumped into the Brazilian who is best known for losing $35 billion in a single year. After initially trying to deflect questions,......
2019-06-01 18:48

Reckitt to pay $1.4 billion to end opioid addiction treatment probes Reckitt Benckiser has agreed to pay up to $1.4 billion to end U.S. federal investigations into the marketing of an opioid addiction treatment by its former business Indivior, lifting a cloud that has been hanging over the British company for years....
2019-07-11 15:01

U.S. Reaches $1.4 Billion Opioid-Drug Settlement With U.K.'s Reckitt U.K. consumer-goods company Reckitt Benckiser is set to pay $1.4 billion to settle all U.S. investigations into the sales and marketing of an opioid-addiction treatment made by a former subsidiary....
2019-07-11 11:16

U.S. awards $7.6 billion cloud contract to General Dynamics The U.S. General Services Administration and the Defense Department said on Thursday they awarded a cloud computing contract worth $7.6 billion to General Dynamics Corp's CSRA LLC and its partners....
2019-08-30 00:32

Senators grill FTC over reported $5 billion Facebook settlement Facebook's reported $5 billion settlement with the FTC isn't even official yet, but that isn't stopping politicians from bristling at it. Senators Richard Blumenthal, Josh Hawley and Ed Markey (pictured) have sent a letter to the FTC ...
2019-07-17 01:32

Republican senators push $8 billion F-16 sale to Taiwan Two Republican U.S. senators said on Friday that Congress should move quickly with an $8 billion sale of F-16 fighter jets to Taiwan as China "seeks to extend its authoritarian reach" over the region....
2019-08-16 19:16

Gigantic 11 billion year-old galaxies viewed for first time ever Astronomers have spotted 39 enormous galaxies that are billions of light-years away from Earth, creating large numbers of stars the size of our Sun. They've also identified several other celestial objects previously unknown to humanity....
2019-08-08 16:48

Plate tectonics began nearly 2 billion years before we thought Earth’s continents may have been shifting for 2.5 billion years, according to a study of ancient rocks that finds plate tectonics evolved far earlier than we thought...
2019-08-08 09:32

Lyft improves outlook despite projected loss of nearly $1 billion Lyft predicts it will lose between $850 million and $875 million in 2019, an improvement from its previous prediction of over $1 billion.       ...
2019-08-08 06:32

Facebook is staring down a record-setting $5 billion fine The fine, which is massive by any yardstick, still represents less than one month's revenue for the social media titan.       ...
2019-07-15 19:16

Warren Calls for $85 Billion Investment in Public Broadband Democratic presidential candidate Elizabeth Warren is calling for an $85 billion investment in publicly owned and operated broadband networks to expand internet access across the country....
2019-08-07 20:48

Microsoft Word smashes billion installs on Android Microsoft Word has been downloaded and installed more than one billion times on Google Play, joining a very small club of non-Google or Facebook-owned apps that have hit that target. What makes this feat even more incredible is that Google Docs ...
2019-07-15 19:16

Georgia stands to lose $9.2 billion in Hollywood business Initially, Georgia Gov. Brian Kemp dismissed the Hollywood actors criticizing the so-called heartbeat abortion bill he signed in early May as "C-list celebrities."...
2019-06-07 10:00

The $1 billion-hop across the pond and the other airline routes that make the most money Business-traveler heavy routes like trans-Atlantic and transcontinental flights bring in the most revenue for airlines, which are racing to add more premium seats aboard their planes....
2019-08-18 16:00

Snap is raising $1 billion to invest in content, AR, and possible acquisitions Snap said it will raise $1 billion in short-term debt and plans to invest in more media content, augmented reality features, and may buy other companies.Read More...
2019-08-07 11:16

Roche names new head of $13 billion diagnostics unit Swiss drugmaker Roche on Tuesday named a new head of its $13-billion-per-year diagnostics business and also said board member Peter Voser is stepping down to focus on his expanded duties as interim head of Swiss engineering group ABB....
2019-06-11 14:32

Protecting Singapore from rising sea levels could cost S$100 billion Protecting Singapore against rising sea levels could cost S$100 billion ($72 billion) or more over 100 years, its prime minister said on Sunday, as the low-lying island-state makes preparations to mitigate the impact of global warming....
2019-08-18 19:00

U.S. might spend up to $1 billion to make U.S. networks 100% Huawei-free FCC Commissioner Geoffrey Starks, a Democrat, was confirmed by the Senate in January to that position joining fellow lefty Jessica Rosenworcel to make up the 2-3 minority on the regulatory agency. In an interview with CNET, Starks says that not only ...
2019-06-23 06:00

Mastercard to buy part of payments company Nets for $3.19 billion Payments processor Mastercard Inc said on Tuesday it would buy a majority of the corporate services businesses of Scandinavian payments group Nets for about 2.85 billion euros($3.19 billion) furthering its push into the Nordic markets....
2019-08-06 17:48

"Cutting Back" $1.3 Billion Aid Improved Relations With Pak: Trump President Donald Trump has said the US' ties with Pakistan have improved after he cut USD 1.3 billion in security assistance to Islamabad for not doing enough to rein in terror groups operating in the......
2019-08-19 18:48

Google to buy analytics software firm Looker for $2.6 billion Alphabet Inc's Google said on Thursday it would buy Looker, a privately held big-data analytics company, for $2.6 billion in cash, in the first major acquisition for new Google Cloud Chief Executive Thomas Kurian....
2019-06-06 21:16

Brooklyn Nets sale nearly complete, will be worth about $2.35 billion Canadian Joe Tsai will buy the controlling shares from Russian Mikhail Prokhorov, completing a deal worth about $2.35 billion for the NBA team.       ...
2019-08-16 19:16

The U.S. Army Once Kept $1 Billion Worth of LSD in a Maryland Office for Some Reason James Ketchum, an Army psychiatrist who conducted controversial drug experiments on members of the U.S. military, died last month, on May 27, at the age of 87. And while Ketchum’s legacy is filled with plenty of weird and horrifying tales, there’s on...
2019-06-08 00:32

Raytheon Is United Technologies’ $50 Billion Finishing Touch For United Technologies, a merger with the defense giant will replenish revenue it’s losing in a breakup and mark the capstone of a dramatic makeover....
2019-06-10 00:16

Roche's $4.3 billion Spark bid delayed again amid U.S., UK scrutiny Swiss drugmaker Roche's $4.3 billion takeover of U.S. gene therapy specialist Spark Therapeutics has been pushed back again, possibly beyond the first half, as regulators continue to scrutinize the deal for its effect on competition....
2019-06-10 09:32

US Congress Approves $4.6 Billion In Emergency Border Funding US House Speaker Nancy Pelosi on Thursday bowed to pressure from President Donald Trump's Republicans as Congress approved $4.6 billion in emergency aid to ease a swelling migrant crisis on the......
2019-06-28 05:00

UK’s Johnson threatens to withhold $50 billion Brexit payment Boris Johnson, the leading candidate to succeed Theresa May as Britain's next prime minister, said he would withhold a previously agreed 39 billion pound ($50 billion) Brexit payment until the European Union gives Britain better exit terms....
2019-06-09 01:32

UK tech created 13 'billion dollar' startups in 2018 The UK technology sector produced 13 "unicorn" companies - firms valued at more than $1bn (£784 million) - over the past year, taking its overall total to 72....
2019-06-10 14:16

United Technologies, Raytheon both gain on $121 billion merger Stock market investors gave their seal of approval to the $121 billion merger of defense contractor Raytheon Co and United Technologies Corp on Monday, pushing shares of both companies higher after the surprise weekend announcement....
2019-06-10 16:32

After Sacklers shift at least $1 billion around, Purdue files for bankruptcy Enlarge / Bottles of Purdue Pharma L.P. OxyContin medication sit on a pharmacy shelf in Provo, Utah, US, on Wednesday, Aug. 31, 2016. (credit: Getty | Bloomberg) OxyContin-maker Purdue Pharma filed for Chapter 11 bankruptcy protection Sunday night ...
2019-09-17 09:32

Salesforce to buy big data firm Tableau Software for $15.3 billion Salesforce.com Inc said on Monday it would buy big data company Tableau Software for $15.3 billion in an all-stock deal, marking the biggest acquisition in the company's history....
2019-06-10 16:32

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

Uber’s no-good, terrible-rotten bad Q2 loses more than $5 billion Enlarge / Headquarters of ride-sharing technology company Uber in the South of Market (SoMa) neighborhood of San Francisco on October 13, 2017. (credit: Smith Collection/Gado/Getty Images) Uber lost more than $5 billion dollars in the second quar...
2019-08-09 05:48

Baby Jupiter was smacked by a planet 4.5 billion years ago Jupiter has long been hailed as the mighty “king of planets” thanks to its massive size compared to most of the other planets in our solar system. It’s huge, and it’s mostly made of gas, making it difficult for scientists to k...
2019-08-15 08:16

United Technologies, Raytheon merging into $120 billion firm United Technologies agreed on Sunday to combine its aerospace business with US contractor Raytheon and create a new company worth about $121 billion, in what would be the sector’s biggest ever merger. The deal would reshape the competitive landscape ...
2019-06-10 19:32

Baby Jupiter was likely slammed by planet 4.5 billion years ago Jupiter has long been hailed as the mighty “king of planets” thanks to its massive size compared to most of the other planets in our solar system. It’s huge and it’s mostly made of gas, making it difficult for scientists to know what lies deep beneat...
2019-08-16 14:48

Uber Sets $5.2 Billion on Fire In Biggest Loss Ever Well, well, well! If it isn’t our beleaguered rideshare giant Uber reporting yet another quarter of continued losses after its disastrous IPO earlier this year. In its earnings report released Thursday, the company said it burned through more than $5...
2019-08-09 04:00

Kraft Heinz takes another $1 billion hit, shares plunge Kraft Heinz released its second quarter earnings reports and revealed continued fall-out related to those issues on top of weak sales.       ...
2019-08-08 21:48

Kraft Heinz Writes Down $1.2 Billion as Brands Wither Kraft Heinz’s troubles deepened as the giant food maker reported falling sales and again wrote down the value of its brands. Shares are down about 13%....
2019-08-08 18:48

Trump to decide on $300 billion China tariffs after G20 meeting U.S. President Donald Trump said on Thursday he would decide whether to carry out his threat to hit Beijing with tariffs on at least $300 billion in Chinese goods after a meeting of leaders of the world's largest economies late this month....
2019-06-06 21:00

UN: North Korean cryptocurrency hackers have earned up to $2 billion so far The financial impact of North Korea‘s hacking and cryptocurrency exploits could be much larger than first thought. According to a UN report, seen by CNN, North Korea could have earned up to $2 billion by hacking overseas financial institutions and cr...
2019-08-06 13:00

China needs nearly $440 billion to clean up rural environment: report China will need to spend 3 trillion yuan ($440 billion) over three years to improve village sanitation and clean up its heavily polluted rural environment, the official People's Daily reported on Saturday, citing government officials....
2019-06-22 14:32

Boeing Says Charges Tied to 737 Max Grounding to Reach $8 Billion The company, which had already announced $1 billion in costs from the jet’s grounding after two crashes, added $5.6 billion to compensate airlines and $1.7 billion due to a production slowdown....
2019-07-19 14:00

California lawmakers poised to approve $214.8 billion budget SACRAMENTO, Calif. (AP) — California lawmakers are poised to approve a framework for a $214.8 billion budget that seeks to address a teacher shortage and bolster the state’s top firefighting agency following the most devastating wildfire season...
2019-06-13 10:32

US To Slap 10% Tariff On $300 Billion More In Chinese Goods: Trump President Donald Trump announced Thursday he will hit China with punitive tariffs on another $300 billion in goods, escalating his trade war after accusing Beijing of reneging on more promises....
2019-08-02 07:32