NEWSCHANNEL256.COM: Breaking News, World News, US News 13:24, 06/14/2019

Chewy stock IPO raises more than $1 billion. Values company at $8.8 billion

Chewy.com, the online pet product retailer owned by PetSmart, priced its IPO at $22 per share Thursday, above the expected range.       ...

Chewy stock IPO raises more than $1 billion. Values company at $8.8 billion

Source: usatoday.com

Slack stock surges at debut, values company at more than $23 billion Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 50% in their public trading debut on ...
20:24, 06/20/2019

Slack stock surges at debut, values company at more than $25 billion Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 60% in their public trading debut on ...
12:36, 06/20/2019

UPDATE 4-Slack stock surges at debut, values company at more than $25 billion Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, soared nearly 60% in their public trading debut on ...
12:36, 06/20/2019

Slack Stock Soars, Putting Company’s Public Value at $23.1 Billion The workplace messaging company’s shares rose in early trading on the stock market on Thursday, and by the afternoon its value was more than triple it...
11:00, 06/20/2019

Cloud data management company Druva raises $130 million, passes $1 billion valuation Cloud data management company Druva has raised $130 million, securing the California company unicorn status with a $1 billion-plus valuation.Read More...
05:48, 06/20/2019

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 Sec...
10:36, 08/01/2019

GM’s Cruise raises $1.15 billion at $19 billion valuation GM's self-driving Cruise division has raised $1.15 billion at $19 billion valuation ahead of the rollout of its first commercial taxi service.Read Mor...
11:00, 05/07/2019

PetSmart's Chewy gets Wall Street tails wagging with $1 billion IPO Chewy Inc said on Thursday it priced its initial public offering at $22 per share, above its target, and sold more stock than originally planned, valu...
17:24, 06/13/2019

Entropia Universe company raises $500,000 in a virtual stock market offering Mindark said said that a company within its Entropia Universe virtual game world has offered shares on its virtual stock market and raised the equival...
10:00, 05/22/2019

5G auction in Germany raises €6.5 billion from four telcoms After hundreds of rounds of bidding over nearly three months, Germany raised more than expected from its 5G spectrum auction. Auction winners will hav...
10:36, 06/13/2019

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

CBOE STOCK EXCHANGE (CBSX) VOLUME TOPS 3 BILLION SHARES TRADED DURING 2008Growth in Volume, Listings and Participation; 2008 Highlights Include Lime Brokerage Investment, Functionality to Facilitate Automated Stock and Options Orders Chicago, January 15, 2009 - The CBOE Stock Exchange (CBSX) announced today that more than three billion shares were traded at the Exchange during 2008...
23:12, 05/02/2019

China's Centurium Capital raises over $2 billion from GIC, Temasek, others China's Centurium Capital, a big backer of domestic startup Luckin Coffee, said it has raised more than $2 billion in its debut fund, giving the priva...
02:48, 07/03/2019

Tesla Completes $2.35 Billion Stock and Bond Sale Tesla has completed a $2.35 billion stock and bond sale, giving the company a much-needed boost of liquidity as it continues its quest to become the f...
00:48, 05/04/2019

London Stock Exchange Eyes $15 Billion Bet for Refinitiv The London Stock Exchange is in talks to buy financial-information business Refinitiv for almost $15 billion, in a deal that would help the exchange o...
10:24, 07/27/2019

Tesla Looks to Raise $2.3 Billion Through a Bond and Stock Sale Tesla is looking to raise as much as $2.3 billion through a bond sale and public offering of its shares, after a worse-than-expected quarter heightene...
11:36, 05/02/2019

Tesla to get up to $2.7 billion from upsized offering, Musk to buy more stock Tesla Inc on Friday was set to raise up to $2.7 billion in a record-setting capital raising for the electric carmaker, as investors scooped up a mix ...
07:00, 05/03/2019

London Stock Exchange in talks to buy Refinitiv for $27 billion The London Stock Exchange Group Plc said on Friday it was in discussions to acquire financial data analytics provider Refinitiv Holdings Ltd for $27 ...
22:00, 07/26/2019

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 ...
10:00, 07/09/2019

BlackRock raises $2 billion for Global Credit Opportunities Fund BlackRock Inc, the world's largest asset management firm, said on Wednesday it had raised $2 billion for its flagship opportunistic credit fund, Globa...
09:00, 07/31/2019

Logistics unit of JD raises 1.5 billion yuan investment fund Chinese e-commerce giant JD.com's logistics division has raised a 1.5 billion yuan ($218 million) fund to invest in companies and technologies special...
04:36, 06/24/2019

3D printing platform Carbon raises $260 million at $2.4 billion valuation 3D printing 'digital manufacturer' Carbon has raised $260 million in a growth round of funding co-led by Madrone Capital Partners and Baillie Gifford....
09:36, 06/25/2019

Germany raises 6.55 billion euros in epic 5G spectrum auction Germany raised 6.55 billion euros ($7.4 billion) from its 5G mobile spectrum auction, the Federal Network Regulator (BNetzA) said on Wednesday after a...
20:00, 06/12/2019

Hong Kong raises $1 billion in oversubscribed first green bond Hong Kong raised $1 billion from the sale of its first green bond on Wednesday, as the former British colony looks to establish itself as a center for...
22:12, 05/21/2019

Alibaba proposes one-to-eight stock split ahead of up to $20 billion HK listing China's Alibaba Group Holding has proposed a one-to-eight stock split ahead of a listing in Hong Kong later this year that is expected to raise up to ...
01:36, 06/17/2019

Jeff Bezos just sold $1.8 billion worth of Amazon stock Jeff Bezos has sold more than $1.8 billion worth of stock, as the world's richest person continues to sell his Amazon stake to fund his space venture....
23:00, 08/01/2019

Jeff Bezos just sold $1.8 billion worth of Amazon stock. Here's why Jeff Bezos has sold more than $1.8 billion worth of stock, as the world's richest person continues to sell his Amazon stake to fund his space venture....
10:36, 08/02/2019

Germany's Metro says $6.6 billion bid undervalues company Metro said that an unsolicited offer by two prominent investors to take over the German retailer substantially undervalues it and advised shareholders...
03:36, 06/23/2019

Israeli software firm Lightricks raises $135 million at $1 billion valuation Israeli software company Lightricks, the creator of several photo and video editing apps, said on Wednesday it has raised $135 million in financing at...
09:24, 07/31/2019

Identity platform provider Auth0 raises $103 million at a valuation of $1 billion Bellevue, Washington-based Auth0, which developers a cloud-based identity authentication platform, has raised $103 million at a valuation of $1 billio...
15:12, 05/20/2019

Tesla readies $2 billion capital boost in stock, bond offerings Tesla plans to raise about $2 billion through debt and stock offerings, after Elon Musk overestimated the ability of the Model 3 sedan to generate eno...
11:24, 05/02/2019

Bayer stock at lowest in nearly seven years after $2 billion award in Roundup trial Shares in Bayer were down 5.9 percent in early trade on Tuesday after a jury awarded more than $2 billion to a California couple in the largest U.S. j...
02:00, 05/14/2019

Bayer stock continues rout after $2 billion award in Roundup trial Shares in Bayer fell as much as 5 percent on Tuesday after a jury awarded more than $2 billion to a California couple in the largest U.S. jury verdict...
04:24, 05/14/2019

Tesla boosts capital raise to $2.7 billion, Musk buys more stock Tesla Inc on Friday was set to raise up to $2.7 billion in a record-setting capital raising for the electric carmaker, as investors scooped up a mix o...
13:00, 05/03/2019

Jeff Bezos sells Amazon stock worth $2.8 billion last week Amazon.com Inc Chief Executive Officer Jeff Bezos offloaded $990 million worth of shares in the company last Thursday and Friday, taking the total va...
00:24, 08/06/2019

London Stock Exchange in talks to combine with Refinitiv in a $20 billion deal AFP Contributor / Getty Contributor The London Stock Exchange is in talks to acquire data analytics platform Refinitiv in a $20 billion deal, accordi...
01:00, 07/27/2019

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 fo...
08:48, 08/06/2019

How toxic company culture is derailing billion-dollar M&As Reputation always matters, but rarely more than in large M&A deals. With M&A worth $3 trillion a year across the US and Europe, even a small reputatio...
02:24, 05/10/2019

Huawei founder: US crackdown will cost the company $30 billion Huawei’s founder said Monday that the Chinese telecom giant’s revenue will be $30 billion less than forecast over the next two years. ...
08:12, 06/17/2019

Chinese private equity firm Centurium raises over $2 billion in debut fund China's Centurium Capital, a big backer of domestic startup Luckin Coffee, said it has raised more than $2 billion in its debut fund, giving the priva...
00:24, 07/03/2019

Spend management software provider Ivalua raises $60 million at a $1 billion valuation Ivalua, a company developing cloud-based enterprise spend management software, raised $60 million in growth equity at a $1 billion valuation.Read More...
07:48, 05/21/2019

China Brokerage's $2 Billion Offering Kick-Starts London Stock Link Chinese brokerage Huatai Securities plans to raise as much as $2 billion selling London-listed share-backed instruments this week, reviving the postpo...
08:00, 06/12/2019

Salesforce to acquire data analytics platform Tableau in $15.7 billion all-stock deal Salesforce is buying data analytics company Tableau in an all-stock deal worth around $15.7 billion, just days after Google purchased Tableau rival Lo...
08:12, 06/10/2019

Eldorado Resorts clinches $18 billion cash and stock deal for Caesars: sources U.S. casino operator Eldorado Resorts Inc has agreed to merge with Caesars Entertainment Corp in a cash and stock deal that values its peer at about $...
02:00, 06/24/2019

Chewy shares skyrocket in stock market debut Wall Street lapped up Chewy shares as they made their Friday debut on the New York Stock Exchange. The web-based pet food and supplies seller saw its ...
11:48, 06/14/2019

Google to acquire big data analytics company Looker for $2.6 billion Google has announced plans to acquire big data analytics platform Looker in a $2.6 billion all-cash transaction, as it looks to gain ground on Amazon....
07:48, 06/06/2019

Uber Posts $1 Billion Loss in Its First Quarter as a Public Company Uber reported a $1 billion loss as the ride-hailing service spends heavily to build up its food delivery and freight businesses, sending revenues up 2...
01:24, 05/31/2019

Uber Offers Shares At $45 Apiece In IPO, Company Valued At $82 Billion Shares will be priced at $45 for the IPO, valuing the start-up at more than $82 billion, according to a filing with the US markets regulator. San Fran...
00:24, 05/10/2019

California utility company to pay $1 billion to governments for wildfire damage Pacific Gas & Electric filed for bankruptcy earlier this year in anticipation of massive lawsuit payments.        ...
18:48, 06/18/2019

Uber drivers set to protest around the world ahead of the company's $90 billion IPO Drivers are also expected to stage protests against Uber and Lyft in at least eight cities around the U.S., including New York, Chicago and San Franci...
05:12, 05/08/2019

Why Facebook's stock jumped despite facing a record-breaking $5 billion FTC penalty: 'A slap on the wrist' (FB) AP Photo/Jose Luis Magana Facebook's stock rose around 1% after news broke that it is facing a record-breaking $5 billion penalty from the Federal Tr...
01:12, 07/14/2019

SoftBank Group unveils stock split, rakes in $3.8 billion gain on Uber stake Japan's SoftBank Group Corp announced a stock split while keeping the per-share dividend unchanged for the year, effectively doubling its shareholder ...
07:24, 05/09/2019

Salesforce stock drops sharply after announcing $15.3 billion Tableau deal, biggest in its history Salesforce finally pulled the trigger on a deal it's been considering for some years, but investors weren't happy. It's expected to imp...
08:12, 06/10/2019

GM Cruise autonomous vehicle unit valued at $19 billion with latest $1.15 billion funding round The $19 billion valuation comprises over one-third of GM's market value of roughly $54 billion. GM stock is up 25 percent this year, and company ...
09:12, 05/07/2019

Diagnostic company Exact Sciences to buy Genomic Health in $2.8 billion deal Exact Sciences Corp said on Monday it will buy peer Genomic Health Inc for about $2.8 billion in cash and stock, expanding the cancer diagnostic com...
09:24, 07/29/2019

Brazil power company Light approves 2 billion-real share offering Brazilian power company Light SA has approved a primary and secondary share offering valued at over 2 billion reais ($521 million), it said in a secur...
05:48, 07/02/2019

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...
07:36, 08/09/2019

UPDATE 1-Chewy raises IPO price range amid strong investor demand Online pet products retailer Chewy Inc raised the price range of its initial public offering on Wednesday, indicating strong investor demand and valui...
11:12, 06/12/2019

Tesla Seeks to Raise as Much as $2.7 Billion, Up From $2.3 Billion Tesla increased the amount it could raise through a stock and bond sale by $400 million and Chief Executive Elon Musk now plans to buy $25 million of ...
07:12, 05/03/2019

Monsanto parent company Bayer faces thousands of Roundup-cancer cases after $2 billion verdict Annually, for weeks at a time over his more than 30 years of farming, John Barton would spray a thousand gallons of Roundup every day to kill the weed...
01:24, 05/21/2019

Huawei founder likens company to badly damaged plane, says revenue will be $30 billion below forecast over next 2 years SHENZHEN, China (AP) — Huawei founder likens company to badly damaged plane, says revenue will be $30 billion below forecast over next 2 years....
00:36, 06/17/2019

Drug Company to Pay Just $15.4 Million Over Doctor Bribery Scandal Involving Medicine That Brings in $1 Billion a Year Mallinckrodt Pharmaceuticals announced today that the company expects to pay $15.4 million in a settlement with the U.S. Justice Department after alle...
13:24, 06/05/2019

Uber prices long-awaited IPO at $45 per share, valuing world’s largest ride-hailing company at $82 billion SAN FRANCISCO (AP) — Uber prices long-awaited IPO at $45 per share, valuing world’s largest ride-hailing company at $82 billion....
15:48, 05/09/2019

Mark Zuckerberg told investors that regulation is the best cure for the tech backlash, just hours after the company was slapped with a $5 billion FTC fine (FB) Facebook The FTC has hit Facebook with a $5 billion fine over privacy issues. Later the same day, Facebook announced its Q2 earnings, and CEO Mark Zu...
00:12, 07/25/2019

Intel stock soars 5% after announcing the $1 billion sale of its smartphone modem business to Apple and reporting numbers that crushed Wall Street estimates (INTC, AAPL) Intel Intel said Apple is buying its smartphone modem chip business for $1 billion. Intel shares were rallying after the chip giant reported better-t...
17:24, 07/25/2019

Read the pitch deck that Uber founder Garrett Camp created for the ride-hailing giant back in 2008 – before the company became the $120 billion giant it is today (UBER) It's a big year for Uber. The first name in ride-hailing had a ton of hype around it for the first half of 2019 thanks to its IPO. And though the $8 b...
01:00, 07/27/2019

Putin: Liberal values ‘obsolete,’ people in West prefer ‘traditional’ values Liberal values embraced by many in Western nations have been destabilizing and clash with the best interests of most citizens, Russian President Vladi...
07:36, 06/28/2019

Tesla raises $2.7B in expanded stock, bond sale Tesla is set to raise up to $2.7 billion in a record-setting round of new capital secured by the EV maker, as investors scoop up a mix of new stock an...
09:24, 05/03/2019

Starbucks' stock pops after coffee chain crushes estimates, raises forecast Starbucks raised its full-year earnings and revenue forecast Thursday after more customers returned to cafes in the U.S. and China for pricier drinks....
14:36, 07/25/2019

Chipotle's stock hits all-time high after earnings top estimates, raises sales forecast Chipotle Mexican Grill on Tuesday reported that its digital sales nearly doubled during its second quarter, fueling earnings that beat analysts' ...
15:24, 07/23/2019

Pemex business plan raises doubts about the company's viability -S&P Mexican state oil company Pemex's newly announced business plan is a risky about-face that raises doubts about the company's long-term viability, anal...
15:36, 07/22/2019

LaCroix parent company's stock falls to multiyear low following lawsuit Shares of National Beverage hit their lowest point since 2016 after a former employee filed a lawsuit alleging he was fired after objecting to a plan ...
22:00, 06/11/2019

New Media chair Michael Reed shrugs off company’s stock flop New Media Investment chair and CEO Michael Reed told The Post he’s not concerned the stock has fallen by almost 25 percent since signing a deal to buy...
22:36, 08/14/2019

Pelosi slams Facebook as 'willing enabler' of Russia despite owning up to $1M in company's stock House Speaker Nancy Pelosi slammed Facebook for being a “willing enabler of Russian interference in our election” despite owning shares worth up to $1...
03:12, 05/31/2019

Stock of Tinder’s parent company soars thanks to dating site’s ‘secret sauce’ Spring is in full swing — and Wall Street is gaga over Tinder again. Shares of Match Group, the hookup app’s parent company, soared 12 percent to $67....
01:12, 05/09/2019

Home Depot stock rises on better-than-expected profits even as the company lowers outlook Home Depot's CEO says the retailer cut its outlook partly due to "the potential impacts to the U.S. consumer arising from recently announced tari...
08:12, 08/20/2019

Tesla stock slips after Elon Musk reveals company’s cash crunch Tesla’s stock slid Friday after Elon Musk warned that the electric-car maker could run out of cash in less than a year — even as US regulators reveale...
00:00, 05/18/2019

Adani deal with Myanmar military-linked company raises human rights alarm Australian expert worries Queensland coal may help fund armed forces accused of genocideThe Adani Group has signed a US$290m commercial deal with a ho...
14:00, 05/14/2019

GRAPHIC-Mylan stock boost follows long share struggles for company, generics industry Shares of Mylan NV surged on Monday after the generic drugmaker agreed to combine with Pfizer Inc's off-patent branded drugs business. But in the bigg...
16:36, 07/29/2019

Daimler's stock drops as diesel scandal cuts profit for Mercedes' parent company Share's of German automaker Daimler fell almost 4% in Monday trading after the company said Sunday that profits for the second quarter would be h...
14:24, 06/24/2019

Tesla Stock Plummets After Elon Musk Announces the Company’s Tech Boss Is Leaving (Bloomberg) –– Tesla shares plummeted after a worse-than-expected loss and yet another major management change cast fresh doubts on the el...
08:36, 07/25/2019

New research shows that being bought by private equity firms raises a large public company’s probabi New research shows that being bought by private equity firms raises a large public company’s probability of bankruptcy by 1000%. Best of luck to our ...
22:12, 07/30/2019

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 th...
02:36, 07/12/2019

Broadcom to Take $2 Billion Hit From Huawei Ban Broadcom said it would make $2 billion less in annual sales than expected following the U.S. ban on exports to Chinese telecom giant Huawei Technologi...
18:12, 06/13/2019

GM Cruise Is Now Worth $19 Billion Because Why Not Cruise, GM’s autonomous vehicle arm, raised another $1.15 billion at a total valuation of $19 billion, according to several media reports including Te...
11:48, 05/07/2019

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

Slack Listing Likely to Value It at Up to $17 Billion Slack is expected to be valued by investors at $16 billion to $17 billion when it lists its shares publicly next week, according to people familiar wi...
03:36, 06/13/2019

U.S. to Sell $150 Billion in Debt The U.S. Treasury Department will auction $150 billion in securities next week, comprising $74 billion in new debt and $76 billion in previously sold ...
17:36, 06/06/2019

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.    ...
17:00, 07/02/2019

Salesforce's $15.7 billion Tableau acquisition: Everything you need to know Salesforce's purchase of Tableau is a strategic play to be combine enterprise data on one platform. Here's a look at the strategic rationale, wild car...
09:48, 06/10/2019

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...
01:12, 07/02/2019

Uber slips below $70 billion value in turbulent first day It took more than two hours for Uber shares to finally start trading after Uber executives and drivers congregated at the New York Stock Exchange for ...
08:48, 05/11/2019

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 possi...
06:24, 07/22/2019

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 develo...
13:48, 07/22/2019

Pentagon gets 8.8% discount in $34 billion F-35 jet deal The U.S. Department of Defense has a "handshake" agreement with Lockheed Martin Co to cut 8.8 percent from the price of its latest order of F-35A figh...
13:00, 06/10/2019

IBM to win unconditional EU okay for $34 billion Red Hat deal: sources U.S. tech giant International Business Machines Corp is set to secure unconditional EU approval for its $34 billion bid for software company Red Hat, ...
14:48, 06/19/2019

LSE says it is in talks to buy Refinitiv for enterprise value of $27 billion The London Stock Exchange Group Plc said on Saturday it was in talks to buy data analytics platform Refinitiv for a total enterprise value of about $...
22:00, 07/26/2019

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 ...
11:36, 07/11/2019

Uber Lost Another Billion Dollars, NBD Uber’s first quarterly earnings report as a publicly-traded company tells us much of the same as every other report the company has ever released abou...
14:24, 05/30/2019

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 i...
14:36, 07/12/2019

An $8 Billion Refinery? Mexican President Says, Yes We Can Experts told Mexico’s president it’s impossible to build a refinery at the price he wants, so he orders Mexico’s struggling oil company to do it inste...
17:36, 05/09/2019

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, looki...
07:36, 07/09/2019

NXP to Buy Marvell's Wi-Fi, Bluetooth Business for $1.76 Billion NXP Semiconductors said on Wednesday it will buy Marvell's wireless connectivity business for $1.76 billion in cash to offer its customers a bigger pr...
05:24, 05/30/2019

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 capita...
12:00, 08/06/2019

UN to appeal for $1.2 billion to help 5 million Palestinians The head of the U.N. agency for Palestinian refugees says he hopes donors will be as generous this year as they were last year after the United States...
17:24, 06/21/2019

Treasury to Sell $159 Billion in Debt The U.S. Treasury Department will auction next week $159 billion in securities, comprising $84 billion in new debt and $75 billion in previously sold ...
03:12, 05/03/2019

US trade deficit rises to $71 billion The U.S. international trade deficit was $71.4 billion in March, the U.S. Census Bureau reported Friday, up half-billion dollars from February, or 0.7...
06:12, 05/03/2019

Microsoft posts a record $29.1 billion Q1. Same old, same old (credit: Julien GONG Min / Flickr) Microsoft has posted the results of the first quarter of its 2019 financial year, which runs up until September 3...
04:24, 05/02/2019

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 b...
08:00, 08/08/2019

CBS unlikely to pay Lionsgate’s $5.5 billion price tag for Starz Lionsgate’s chances of selling its Starz TV network to CBS for $5.5 billion just shrank — by about $2 billion. Investors in the film studio behind “Th...
01:24, 05/25/2019

More than €10 Billion Traded on Bats LIS Since Launch LONDON – 26 September 2017 – Bats Europe, a CBOE Holdings, Inc. company and the region’s largest equities exchange operator, today reported that...
19:24, 05/01/2019

Qualcomm to Get at Least $4.5 Billion in Apple Settlement Qualcomm will receive at least $4.5 billion as part of a legal settlement with Apple that ended more than two years of wrangling over the chip maker’s...
16:36, 05/01/2019

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 followi...
19:48, 07/05/2019

Treasury to Sell $203 Billion in Debt The U.S. Treasury Department will auction $203 billion in securities next week, comprising $149 billion in new debt and $54 billion in previously sold...
10:48, 05/23/2019

Reckitt to pay $1.4 billion to end Indivior probe Britain's Reckitt Benckiser will pay up to $1.4 billion to resolve all U.S. federal investigations into the sales and marketing of an opioid addictio...
00:36, 07/11/2019

Pakistan to Accept $6 Billion Bailout From I.M.F. Prime Minister Imran Khan had opposed any bailout before taking office, but has since reluctantly embraced the need for a rescue with Pakistan’s econo...
11:00, 05/12/2019

Volkswagen’s $17 Billion Change of Direction The car giant is finally putting its faith in the wonders of the capital markets with its Traton trucks IPO. If only Germany’s citizens would do the s...
12:12, 06/14/2019

'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 Jap...
16:36, 07/31/2019

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 secu...
16:12, 08/15/2019

Uber, Down $14 Billion Since Friday, May Drop Even Further Outpacing the New York Stock Exchange’s losses on another rocky day of trading, Uber’s disappointing IPO is becoming disastrous, falling an additional...
15:24, 05/13/2019

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 d...
08:36, 07/24/2019

TDR Capital to buy car auctioneer BCA Marketplace for $2.4 billion British private equity firm TDR Capital on Wednesday said it offered to buy car auctioneer BCA Marketplace for about 1.91 billion pounds ($2.42 billio...
04:00, 06/26/2019

On day of settlement with FTC, Facebook says some 2.1 billion use its apps every day On day of $5-billion settlement with FTC, Facebook announces $16.9 billion revenue quarter, up 8% from prior year, with $2 billion included in release...
15:00, 07/24/2019

Treasury to Sell $113 Billion in Debt The U.S. Treasury Department will auction $113 billion in securities next week, comprising $62 billion in new debt and $51 billion in previously sold ...
17:36, 06/13/2019

Treasury to Sell $109 Billion in Debt The U.S. Treasury Department will auction next week $109 billion in securities, comprising $62 billion in new debt and $47 billion in previously sold ...
14:00, 05/16/2019

US warns EU over €13-billion defense spending The US has warned the European Union that plans to boost defense cooperation within the EU could undo decades of trans-Atlantic cooperation and damage...
06:00, 05/15/2019

Huawei says U.S. ban will cost it $30 billion in sales The Trump administration last month barred companies from selling U.S. technology to Huawei amid fears that the company could tap into and monitor sen...
09:00, 06/17/2019

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...
14:00, 06/26/2019

This app has saved Americans $10 billion on prescriptions so far Start-up GoodRx is upending pharmacies with an app that gives users real-time drug prices at 70,000 locations nationwide. It was ranked No. 6 on the 2...
09:12, 05/15/2019

EU regulators to decide on IBM's $34 billion Red Hat bid by June 27 EU antitrust regulators will decide by June 27 whether to clear U.S. tech giant International Business Machines Corp's $34 billion bid for software co...
08:36, 05/21/2019

Boeing 737 Max Troubles Add Up: $8 Billion and Counting The company, which had already announced $1 billion in costs from the jet’s grounding after two crashes, added $5.6 billion to compensate airlines and...
23:12, 07/18/2019

Over $1 billion of cocaine seized in Philadelphia U.S. authorities seized more than $1 billion worth of cocaine Tuesday from a ship at a Philadelphia port, calling it one of the largest drug busts in ...
18:48, 06/18/2019

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 i...
07:24, 08/01/2019

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 & Wyom...
06:12, 07/01/2019

How the Promise of a $120 Billion Uber I.P.O. Evaporated Uber’s offering was supposed to be a crowning moment for the ride-hailing company. But it suffered setback after setback and ultimately resulted in po...
17:00, 05/15/2019

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 w...
19:48, 07/24/2019

WestJet to go private in C$5 billion deal Canada's WestJet Airlines Ltd said on Monday it will be acquired by private equity firm Onex Corp in an all-cash deal valued at C$5 billion ($3.72 bil...
06:24, 05/13/2019

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

AbbVie buys Allergan for $63 billion Biopharmaceutical giant AbbVie Inc. announced Tuesday that it was purchasing Botox-maker Allergan in cash and stock transfers valued at about $63 bill...
14:48, 06/25/2019

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...
00:36, 08/02/2019

What Apple Has Bought For $1 Billion, It's Second-Largest Deal Ever Intel shares rose 5.7 per cent to $55.05 after the news and the company's report that its earnings beat analysts' expectations. Apple shares edged up ...
04:00, 07/26/2019

U.S. farmers receive $8.52 billion in aid to date, USDA says The U.S. Department of Agriculture has to date paid out $8.52 billion in direct payments to American farmers as part of the 2018 aid program, designed...
16:12, 05/15/2019

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

Apple’s $3 billion purchase of Beats has already paid off "Oh shit, the Forbes list just changed," Tyrese Gibson proclaimed in a 2014 Facebook video. "The first billionaire in hip-hop, right here from the mo...
17:36, 05/28/2019

US government records $160.3 billion April surplus WASHINGTON (AP) — The federal government recorded a $160.3 billion surplus in April as revenues jumped to an all-time high. But even with a flood of t...
12:24, 05/10/2019

Lawmakers pass $11.8 billion Arizona budget PHOENIX (AP) – The Latest on action at the Arizona Legislature as members rush to adjourn for the year (all times local): 9:15 p.m. Arizona has ...
13:00, 05/28/2019

SoftBank Invests in an Opaque $100 Billion Industry More and more companies are using intermediaries like Greensill to pay their suppliers early. It’s a part of accounting in desperate need of transpare...
11:48, 05/15/2019

DowDuPont to take $800 million to $1.3 billion charge in the second quarter DowDuPont said it expects to book an pretax charge of $800 million to $1.3 billion for the April-June quarter, resulting from changes in valuation of ...
05:00, 05/29/2019

Exact Sciences to buy Genomic Health for $2.8 billion Cancer diagnostics company Exact Sciences Corp said on Monday it will buy healthcare company Genomic Health Inc for about $2.8 billion to bolster it...
07:24, 07/29/2019

The Latest: Couple with $2 billion win still resent Monsanto SAN FRANCISCO (AP) — The Latest on $2 billion verdict against Monsanto (all times local): 7 p.m. A Northern California couple both stricken with cance...
19:12, 05/13/2019

Just Eat and Takeway.com agree terms of $10 billion merger European online food delivery rivals Takeaway.com and Just Eat said on Monday they had agreed in principle to create one of the largest players in t...
00:12, 07/29/2019

Trump says he’s adding $1.6 billion to NASA’s budget WASHINGTON (AP) — President Donald Trump says he is adding $1.6 billion to NASA’s budget “so that we can return to Space in a BIG WAY!R...
19:12, 05/13/2019

SoftBank Plans for Second $100 Billion Vision Fund SoftBank CEO Masayoshi Son said he was looking to raise about $100 billion for a second technology investment fund and has begun a marketing push to i...
09:24, 05/09/2019

China raising tariffs on $60 billion in US goods China announced Monday it will impose tariffs on $60 billion worth of American products starting June 1 — an apparent retaliation for President Trump’...
20:12, 05/13/2019

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...
16:00, 08/09/2019

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 ...
14:00, 07/12/2019

New Fox Reports $2.75 Billion in Revenue in First Solo Quarter Fox Corp. said its profit rose in its first quarterly earnings since the company’s spinoff from 21st Century Fox, driven by stronger performances in i...
14:48, 05/08/2019

Tesla closes $2.7 billion capital raise Tesla said on Wednesday it closed its $2.7 billion offering of stock and convertible notes and that it was oversubscribed, giving the electric car mak...
01:12, 05/09/2019

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 ...
15:12, 07/12/2019

Mozambique Says It Needs $3.2 Billion to Recover After Deadly Cyclones (JOHANNESBURG) — Mozambique says it needs $3.2 billion to recover from a pair of powerful tropical cyclones that ripped into the southern Africa...
04:24, 05/30/2019

Mozambique seeks $3.2 billion to recover from cyclones JOHANNESBURG (AP) — Mozambique says it needs $3.2 billion to recover from a pair of tropical cyclones that ripped into the southern African nation thi...
01:48, 05/30/2019

NXP to buy Marvell's WiFi, Bluetooth business for $1.76 billion Dutch chipmaker NXP Semiconductors NV said on Wednesday it will buy Marvell Technology Group Ltd's wireless connectivity business for $1.76 billion in...
10:00, 05/29/2019

Frontier Communications to sell some assets for $1.35 billion Telecom service provider Frontier Communications Corp said on Wednesday it would sell its assets in some U.S. states to investment firms WaveDivision ...
07:48, 05/29/2019

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 als...
08:48, 08/06/2019

SoftBank planning IPO of $100 billion Vision Fund: WSJ Japan's SoftBank Group Corp is considering an initial public offering of its $100 billion Vision Fund, the Wall Street Journal reported on Friday, cit...
07:00, 05/03/2019

SoftBank Considers IPO for $100 Billion Vision Fund SoftBank is considering audacious fundraising plans, including a public offering of its $100 billion investment fund and the launch of a second fund o...
07:12, 05/03/2019

US trade deficit edges up to $50 billion in March WASHINGTON (AP) — The U.S. trade deficit increased slightly in March even though the deficit with China fell to the lowest point in five years. The Co...
06:24, 05/09/2019

NASCAR is buying International Speedway for $2 billion NEW YORK (AP) — NASCAR is buying International Speedway for $2 billion....
08:12, 05/22/2019

Novartis buys dry eye drug from Takeda for up to $5.3 billion Novartis is buying dry-eye drug Xiidra from Takeda Pharmaceutical Co for up to $5.3 billion as the Swiss drugmaker refreshes its ophthalmic medicines ...
07:12, 05/09/2019

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, ...
14:24, 07/20/2019

$5 billion fine is a 'bargain' for Facebook, top US senators say A bipartisan letter published Monday puts additional pressure on the FTC as it weighs steps to punish Facebook for mishandling users' personal in...
09:36, 05/07/2019

One in a billion: Why Virat Kohli represents a 'new India' In a country where cricket's unifying importance is tantamount to that of religion, the role of leading India into a World Cup comes with a certain di...
05:24, 05/22/2019

Just Eat and Takeaway.com agree terms of $10 billion merger European online food delivery rivals Takeaway.com and Just Eat said on Monday they had agreed in principle to create one of the largest players in the...
02:12, 07/29/2019

Almost a billion people watch esports {=~DATA!~=} My new Q3 Global Digital Statshot report – published in partnership with We Are Social and Hootsuite – reveals that almost 1 billion ...
10:12, 07/30/2019

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 ...
08:00, 07/22/2019

Hewlett Packard Enterprise to Buy Cray for $1.3 Billion Hewlett Packard Enterprise agreed to buy supercomputer maker Cray in a deal valued at about $1.3 billion, as part of efforts to invest in high-perform...
08:48, 05/17/2019

US to raise tariffs on $200 billion of Chinese goods up to 25% In announcing the tariff hike, US President Donald Trump complained that trade talks with China were moving "too slowly." The tariff increases on $200...
16:24, 05/05/2019

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 ...
13:24, 07/22/2019

WeWork lost $1.9 billion last year, but it's considering going public The We Company, parent company of WeWork, is the latest in a string of richly valued start-ups set to go public this year. But though it is valued at ...
06:48, 05/18/2019

TechnipFMC awarded $7.6 billion contract for Arctic LNG-2 Oil services firm TechnipFMC said on Tuesday it had been awarded a major engineering, procurement and construction contract by Russia's Novatek and it...
16:48, 07/23/2019

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-Sah...
04:24, 07/19/2019

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...
07:48, 07/24/2019

Billion-year-old fossils may be early fungus Enlarge (credit: Loron, et. al.) When did the first complex multicellular life arise? Most people, being a bit self-centered, would point to the Edi...
02:12, 05/23/2019

Donald Trump Somehow Lost $1 Billion in Ten Years We all know that our president is a terrible businessman, but information about his federal income tax returns obtained by the New York Times showss t...
19:36, 05/07/2019

China to hike tariffs on $60 billion of US goods China said the move was a "response to US unilateralism." Recent talks to end the trade spat between the world's two largest economies ended without a...
11:00, 05/13/2019

Bids in Germany's 5G auction already top 6 billion euros Germany's auction of frequencies for fifth-generation mobile services, now into its 10th week, has drawn 6 billion euros ($6.7 billion) in bids so far...
04:24, 05/24/2019

Trump announces $16 billion in aid for U.S. farmers hit by trade war The package announced at the White House is bigger than last year's $12 billion in emergency aid for farmers and ranchers caught in tariff showdowns....
23:00, 05/23/2019

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...
05:24, 07/18/2019

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...
13:24, 08/01/2019

Spider-Man: Far From Home Is Now a Billion Dollar Movie Spider-Man: Far From Home is now a billion dollar movie, and the first Spidey movie to achieve that. The latest Marvel Cinematic Universe film has gro...
23:48, 07/25/2019

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 i...
14:12, 07/24/2019

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 ...
13:24, 08/01/2019

Facebook has taken down over 2 billion fake accounts in 2019 Facebook took down 2.19 billion fake accounts during the first quarter of 2019, the company has announced. In addition to that, Facebook said it disab...
14:00, 05/23/2019

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 reelin...
01:12, 08/06/2019

Huawei's $105 billion business at stake after U.S. broadside The latest U.S. broadside against Huawei that puts the Chinese firm on an exports blacklist threatens to rattle the global tech supply chain, linked c...
10:24, 05/16/2019

GM's Cruise Receives $1.2 Billion Equity Investment General Motors’ Cruise division has landed another $1.2 billion in outside financing, bringing the value of the driverless-car developer to $19 billio...
13:48, 05/07/2019

Earth’s water came from a collision 4 billion years ago Water arrived on Earth at exactly the same time that the moon was created over 4 billion years ago, according to a new study. This phenomenon is thoug...
11:24, 05/23/2019

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....
05:24, 07/23/2019

Toy Story 4 is the fifth Disney movie this year to hit $1 billion Scrooge McDuck’s money-filled swimming pool is starting to get awfully filled, as Variety is reporting that Toy Story 4 has just become the fifth Disn...
13:24, 08/15/2019

U.S. House passes $4.5 billion border aid bill The U.S. House of Representatives on Tuesday approved a $4.5 billion aid package to address the migrant surge along the U.S.-Mexico border, including ...
19:24, 06/25/2019

World population to reach 9.7 billion by 2050 — UN The United Nations predicts that half of this growth will take place in only nine countries, as the world is getting older overall. India is projected...
17:48, 06/17/2019

PG&E to float $31 billion restructuring plan: Bloomberg Power producer PG&E Corp will propose a $31 billion bankruptcy restructuring plan that will include two funds worth a total of $34 billion to cover pa...
10:48, 06/21/2019

Population Of Earth To Reach 9.7 Billion In 2050: UN The world population is expected to climb to 9.7 billion in 2050 from 7.7 billion today, with the population of sub-Saharan Africa doubling, a United ...
21:12, 06/17/2019

Huawei Expects $30 Billion Revenue Hit From U.S. Clampdown The U.S. campaign against Huawei is taking a toll, with the company’s founder forecasting a hit to revenue of about $30 billion over the next two year...
10:24, 06/17/2019

Cboe FX Reports Record ADV of $42.6 Billion in January NEW YORK and LONDON – 5 February 2018 – Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE), one of the world’s largest exchange holding companies, ...
19:24, 05/01/2019

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 ...
05:12, 07/06/2019

Trump threatens China with further $300 billion of tariffs U.S. President Donald Trump threatened to hit China with "at least" another $300 billion of tariffs but said he thought both China and Mexico wanted t...
01:24, 06/06/2019

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 reque...
10:48, 07/06/2019

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 Washingt...
11:48, 07/06/2019

PG&E to pay $1 billion to local governments for catastrophic wildfires California utility Pacific Gas and Electric has agreed to pay $1 billion to 14 local governments for igniting several devastating wildfires that destr...
20:48, 06/18/2019

| Population of Earth to reach 9.7 billion in 2050: UN The world population is expected to climb to 9.7 billion in 2050 from 7.7 billion today, with the population of sub-Saharan Africa doubling, a United ...
00:24, 06/19/2019

Qualcomm Scored $4.5 Billion or More in Settlement With Apple Semiconductor and telecommunications equipment manufacturer Qualcomm said on Wednesday it will take home a one-time payment of between $4.5 billion to...
02:36, 05/02/2019

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 Bhush...
19:36, 07/06/2019

For 5G, AT&T and T-Mobile buy $1.8 billion worth of 24GHz spectrum across US Enlarge (credit: Getty Images | SOPA Images) AT&T and T-Mobile committed to spend nearly $1.8 billion, combined, on high-frequency spectrum for thei...
17:12, 06/05/2019

PG&E in talks with lawmakers on $11 billion fund: Bloomberg Troubled power utility company PG&E Corp has spoken to lawmakers for arranging about $11 billion fund to settle claims related to wildfires, Bloomberg...
16:48, 06/05/2019

Facebook could be fined up to $5 billion by the FTC due to privacy violations Facebook has been dealing with one privacy-related scandal after another for more than a year now, a reality that’s about to present the social ...
04:48, 05/02/2019

US$84 billion? Uber is set to hit the road in this year's biggest IPO Ride-hailing company entered the final stretch of the ultimate capital-raising exercise on Friday, when it disclosed details of an initial public offe...
09:12, 04/29/2019

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...
15:12, 07/03/2019

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 p...
15:12, 08/12/2019

How Russia contaminated $2.7 billion of oil exports to Europe It was a quiet Easter holiday at the offices of major European oil companies and refiners when an email in Russian landed. "What the hell does it say?...
10:24, 04/30/2019

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 ...
04:24, 07/01/2019

$5 billion Facebook, FTC deal could add more privacy oversight While previous rumors about a possible settlement between Facebook and the FTC over its privacy failings focused on dollar figures and CEO Mark Zucker...
08:12, 05/02/2019

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...
12:00, 06/14/2019

Study finds that a GPS outage would cost $1 billion per day Enlarge / The first of the Air Force's new GPS 3 satellites launches on a SpaceX Falcon 9 rocket in December, 2018. (credit: SpaceX) Since becoming ...
14:12, 06/14/2019

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...
17:24, 07/01/2019

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 a...
17:36, 07/01/2019

Berkshire Investing $10 Billion in Occidental to Help Anadarko Bid Berkshire Hathaway will invest $10 billion in Occidental Petroleum to help finance its bid for Anadarko Petroleum and beat back a rival offer from Che...
07:12, 04/30/2019

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 aircra...
19:36, 07/01/2019

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 ...
07:36, 06/27/2019

What a $20 billion week signals for data and analytics When $20 billion gets spent to acquire two companies in the same market segment within a few days, it's clear that a fundamental market shift is upon ...
18:48, 06/16/2019

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 “Operatio...
14:36, 06/26/2019

Salesforce bets on big data with $15.3 billion Tableau buy Salesforce.com Inc agreed on Monday to buy big data firm Tableau Software Inc for $15.3 billion, adding muscle in its fight with Microsoft Corp for a ...
13:36, 06/10/2019

Salesforce to buy Tableau Software in $15.3 billion deal Salesforce.com said on Monday it would buy big data company Tableau Software for $15.3 billion in an all-stock deal, marking the biggest acquisition i...
11:12, 06/10/2019

Senate Approves $4.6 Billion for Border With Few Restrictions The Republican-controlled Senate rejected a House border bill that reined in Trump immigration policies, then passed its own version with few strings ...
12:36, 06/26/2019

Salesforce to Buy Analytics Platform Tableau for More Than $15 Billion Salesforce.com agreed to buy data-analytics platform Tableau Software for more than $15 billion in stock, a deal aimed at expanding the business-softw...
09:36, 06/10/2019

Huawei's US ban may cost $30 billion, but it vows to rebound If you were wondering what the short-term cost of America's war with Huawei was, then your estimates can begin at the $30 billion mark. That'...
04:48, 06/17/2019

Pakistan thanks Qatar for planned $3 billion investment ISLAMABAD (AP) — Islamabad has thanked Qatar for the $3 billion investment in Pakistan announced by the energy-rich Gulf Arab nation’s ruler. Ab...
00:36, 06/25/2019

Trump: Japan will invest $40 billion in U.S. car factories U.S. President Donald Trump on Saturday said at a rally that Japanese Prime Minister Shinzo Abe told him Japan is investing $40 billion in new car fac...
07:48, 04/28/2019

Palestinians reject US's €50 billion peace plan Palestinian officials have described as "abstract promises" a new $50 billion investment plan for the Palestinian economy. The Palestinian Authority w...
18:00, 06/22/2019

Startup that owns TikTok now has one billion users ByteDance, the Beijing-based startup behind popular short video platform TikTok, has amassed more than one billion monthly active users across its app...
10:24, 06/20/2019

Slack IPO starts trading at $38.50 for $23 billion valuation Slack's IPO started with a bang as the first trade was priced at $38.50, giving the company a $23 billion valuation, well above the expected $16 billi...
00:36, 06/21/2019

China to slap tariffs on $75 billion in US goods China plans to slap new tariffs on $75 billion worth of American products as retaliation against President Trump’s latest round of duties in the lates...
12:36, 08/23/2019

How China Is Planning to Rank 1.3 Billion People China has a radical plan to influence the behavior of its 1.3 billion people: It wants to grade each of them on aspects of their lives to reflect how ...
03:12, 06/04/2019

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 a...
03:00, 08/23/2019

FCA completes sale of Magneti Marelli for $6.5 billion Fiat Chrysler Automobiles has completed the sale of supplier Magneti Marelli to Calsonic Kansei for $6.5 billion, slightly below the initial price tag...
11:24, 05/02/2019

Sri Lanka In Talks With China For $1 Billion Loan Sri Lanka is seeking a loan of nearly $1.0 billion from China for energy and highways as the island recovers from the devastating Easter Sunday bombin...
10:12, 06/20/2019

Shell Avoids Hard Promises on That $125 Billion Investment and debt-reduction demands will persist, and the need for M&A can’t be ruled out. Investors should be grateful for the dividend they’ve got...
09:36, 06/04/2019

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 ...
12:00, 07/09/2019

Cyprus says it stands to gain $9 billion from gas field NICOSIA, Cyprus (AP) — Cyprus’ energy minister says the east Mediterranean island nation stands to gain more than $9 billion over 18 years from ...
03:12, 06/05/2019

Tesla Looks to Raise as Much as $2.3 Billion in Debt and Equity Tesla is looking to raise as much as $2.3 billion through a bond sale and public offering of its shares, after a worse-than-expected quarter heightene...
06:36, 05/02/2019

Qatar Will Invest $3 Billion In Pakistan: Report Qatar is making $3 billion worth of new investments in Pakistan, in the form of deposits and direct investments, the Qatari state news agency QNA said...
16:12, 06/24/2019

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 euro...
01:48, 06/03/2019

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...
09:00, 07/01/2019

Slack Skyrockets to $21 Billion Valuation After Unusual Listing (Bloomberg) — A parade of initial public offerings from Silicon Valley this year have garnered mixed receptions from investors. Slack Technologi...
13:48, 06/20/2019

Disney's remakes have made more than $7 billion globally since 2010 Including the first week of "Lion King's" box office run, Disney has made more than $7 billion in the last nine years from its reimaginings of it...
10:48, 07/27/2019

NASA reminds everyone it still needs another $30 billion for Trump’s Moon mission So, NASA wants to go back to the Moon. It’s wanted to do it for a while now and has been slowly piecing together how such a trip might happen, b...
20:48, 06/14/2019

NASA is asking for another $1.6 billion to fulfill the Moon 2024 promise Back in March, the Trump administration declared that it was directing NASA to send humans back to the Moon no later than 2024. That’s an incred...
01:36, 05/16/2019

Facebook's $5 Billion US FTC Fine Doesn't Mark the End of Its Troubles Facebook survived its latest brush with US privacy regulators, at the cost of a record $5 billion fine and other restrictions imposed by the US FTC. B...
03:00, 07/25/2019

Pakistan To Get $3.4 Billion In Budgetary Aid From Asian Development Bank Pakistan will receive $3.4 billion in budgetary support from the Asian Development Bank (ABD), the de facto finance minister said on Saturday, as the ...
16:00, 06/15/2019

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 gra...
06:24, 06/27/2019

U.S. Clampdown to Cost Huawei $30 Billion in Revenue, Founder Says 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 ...
03:24, 06/17/2019

SoftBank reportedly committing $40 billion to its second Vision Fund SoftBank Group will invest $40 billion in its forthcoming second Vision Fund, the Wall Street Journal reported on Wednesday. SoftBank's board will mee...
11:48, 07/25/2019

China needs nearly $440 billion to clean up rural environment: report China will need to spend 3 trillion yuan ($440 billion) over three years to improve village sanitation and clean up its heavily polluted rural environ...
07:36, 06/22/2019

Facebook’s $5 billion settlement blasted as insufficient by FTC’s own chiefs Facebook’s record-breaking $5 billion settlement with Uncle Sam is already being slammed as a slap on the wrist for Mark Zuckerberg — by leaders of th...
22:24, 07/27/2019

Uber’s $82 billion valuation underwhelms in most anticipated IPO since Facebook Uber priced its IPO at the low end of its target for a valuation of $82.4 billion, an underwhelming result for the most anticipated IPO since Facebook...
03:24, 05/10/2019

Monsanto ordered to pay US$2 billion in latest Roundup blow Jury in California orders Bayer-owned Monsanto to pay more than US$2 billion in damages to a couple that sued on grounds the product caused their canc...
16:12, 05/15/2019

EU fines banks over $1 billion over foreign exchange cartel BRUSSELS (AP) — European Union regulators have fined five banks a total of more than 1 billion euros ($1.1 billion) for allegedly colluding in the tra...
04:00, 05/16/2019

Bayer to invest $5.6 billion in new weed killing methods BERLIN (AP) — German chemical and pharmaceutical company Bayer says it plans to invest some 5 billion euros ($5.6 billion) over the next decade in dev...
04:12, 06/14/2019

Bayer to invest 5 billion euros in weedkiller research Bayer, the German crop science and chemicals group reeling from U.S. litigation over claims its glyphosate pesticide causes cancer, said on Friday it ...
01:24, 06/14/2019

Grab to invest $2 billion in Indonesia using funds from SoftBank Southeast Asian ride-hailing firm Grab on Monday said it will invest $2 billion into Indonesia over five years using capital received from Japan's Sof...
00:36, 07/29/2019

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 b...
11:00, 07/24/2019

Bayer says to invest 5 billion euros in new weed killers Bayer said it would invest 5 billion euros ($5.6 billion) in developing new weedkillers and reducing its environmental impact by 30% by 2030, as it se...
23:36, 06/13/2019

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...
07:48, 07/24/2019

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 ...
08:12, 07/24/2019

Nvidia’s Q1 revenues down 31% to $2.22 billion, beating modest estimates Nvidia reported earnings and revenues that were well below last year's figures, but the graphics and AI chips company beat analyst expectations.Read M...
15:36, 05/16/2019

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 a...
22:36, 06/27/2019

Grab says to invest $2 billion in Indonesia using funds from SoftBank Southeast Asian ride-hailing firm Grab on Monday said it will invest $2 billion into Indonesia over five years using capital received from Japanese te...
00:12, 07/29/2019

Bayer to invest $5.6 billion in weedkiller research to help reputation Germany's Bayer sought to repair its reputation on Friday after damage caused by U.S. litigation over claims its glyphosate pesticide causes cancer, s...
07:36, 06/14/2019

FDA approves ‘female Viagra,’ could tap potential $1 billion market Vyleesi, chemically known as bremelanotide, activates pathways in the brain involved in sexual desire, helping premenopausal women with hypoactive sex...
21:12, 06/21/2019

Budweiser Brewer Plans $7 Billion Hong Kong IPO The Asian business of beer giant Anheuser-Busch InBev filed an application to list on the Hong Kong stock exchange, moving closer toward a multibillio...
22:48, 05/09/2019

California governor proposes a $21 billion wildfire fund California Governor Gavin Newsom has proposed helping utilities create a fund of up to $21 billion to compensate future victims of wildfires sparked b...
16:48, 06/21/2019

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 th...
22:12, 07/24/2019

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...
20:24, 07/24/2019

Boeing wins $6.5 billion U.S. defense contract -Pentagon Boeing Co has been awarded a $6.5 billion U.S. defense contract for Joint Direct Attack Munition tail kits, spares, repairs and technical services, th...
18:00, 06/14/2019

Slack starts trade with surge, valued at more than $23 billion Shares of Slack Technologies Inc, the fast-growing workplace messaging and communication platform, debuted in public trading at a price of $38.50 each...
10:24, 06/20/2019

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 t...
15:12, 07/24/2019

Huawei reportedly asks Verizon to pay more than $1 billion for over 230 patents Huawei has told Verizon that the U.S. carrier should pay licensing fees for more than 230 of the Chinese telecoms equipment maker's patents and i...
10:12, 06/13/2019

Amazon reports $63.4 billion in Q2 2019 revenue: AWS up 37%, subscriptions up 37%, and ‘other’ up 37% Amazon today reported fiscal Q2 2019 earnings, including revenue of $63.4 billion, net income of $2.6 billion, and earnings per share of $5.22.Read Mo...
05:00, 07/26/2019

Fiat Chrysler to spend $2 billion on CO2 fines and credits The $2 billion to be spent by FCA in fines and credit purchases over three years compares with $10 billion that it plans to invest in EVs within the 2...
04:36, 05/11/2019

PG&E Reaches $1 Billion Settlement With Paradise, California Governments PG&E has agreed to pay $1 billion to a range of California cities, counties and other government entities to settle claims related to taxpayer losses ...
19:36, 06/18/2019

$4.6 Billion in Aid Advances to Help Cope With Migrant Surge at Border The Senate measure cleared a committee with bipartisan support and will be voted on by the full chamber next week, but it is unclear how well it match...
13:24, 06/19/2019

China announces retaliatory tariffs on $60 billion in U.S. goods China announced Monday it will raise tariffs on $60 billion in U.S. goods in response to the Trump administration raising tariffs on $200 billion in C...
11:12, 05/13/2019

U.S. seizes $1 billion worth of cocaine from ship in Philadelphia Federal authorities seized 16.5 tons of cocaine worth more than $1 billion from a ship in Philadelphia in one of the largest drug seizures in U.S. his...
18:12, 06/18/2019

South Korea's Korean Air to buy 30 Boeing 787 planes for $9.67 billion South Korea's biggest carrier Korean Air Lines said on Wednesday it has signed a memorandum of understanding to buy 30 Boeing planes for $9.67 billion...
17:00, 06/18/2019

U.S. National Parks face $12 billion infrastructure backlog The National Parks Service has sounded the alarm that a backlog of almost $12 billion in deferred maintenance projects has built up that is threatenin...
02:48, 07/26/2019

AbbVie Strikes Deal to Acquire Allergan for About $63 Billion AbbVie agreed to buy the maker of Botox for about $63 billion, betting a combination will deliver new sources of growth they have struggled to find on...
08:24, 06/25/2019

China Hits Back With Tariffs on $60 Billion in U.S. Goods China fired back at the U.S. Monday, raising tariffs on roughly $60 billion worth of U.S. goods in retaliation for President Trump’s decision to escal...
09:36, 05/13/2019

Pentagon shifting $1.5 billion to border wall construction WASHINGTON — The Pentagon is shifting $1.5 billion in funds originally targeted for support of the Afghan security forces and other projects to help p...
06:24, 05/11/2019

AbbVie to buy Botox-maker Allergan in $63 billion deal Drugmaker AbbVie Inc said on Tuesday it would buy Botox-maker Allergan Plc for about $63 billion, grabbing control of by far the biggest name in medic...
05:24, 06/25/2019

The Latest: China To Hike Tariffs On $60 Billion In US Goods BEIJING (AP) — The Latest on the tariffs battle between China and the United States (all times local): 9 p.m. China has announced it is raising tariff...
06:36, 05/13/2019

Ex-Venezuelan oil minister asks U.S. court to set aside $1.4 billion judgment Former Venezuelan Oil Minister Rafael Ramirez asked a federal judge in Houston on Monday to set aside a $1.4 billion default verdict against him in a ...
08:12, 06/25/2019

China Says It Will Impose Tariffs On $60 Billion Worth Of US Goods China said Monday it will impose tariffs on $60 billion worth of US goods from June 1, in apparent retaliation after Washington announced plans to tax...
07:00, 05/13/2019

Sprint, T-Mobile win U.S. antitrust approval for $26 billion merger T-Mobile US Inc won U.S. antitrust approval for its $26 billion takeover of rival Sprint Corp, the Justice Department said on Friday, clearing a major...
11:36, 07/26/2019

Eldorado Resorts to buy Caesars Entertainment in $8.5 billion deal Eldorado Resorts has agreed to buy Caesars Entertainment for about $8.5 billion in cash and stock, as it looks to build scale to take on competition f...
10:24, 06/24/2019

Centene, WellCare win shareholder support for $15.27 billion deal Shareholders of Centene Corp and WellCare Health Plans Inc voted in favor of a merger of the two health insurers, setting the stage for the creation o...
09:36, 06/24/2019

Eldorado Resorts to Buy Caesars in $8.58 Billion Casino Deal Eldorado Resorts has agreed to acquire Caesars Entertainment in a cash-and-stock transaction valued at $8.58 billion, in a move that would create one ...
04:00, 06/24/2019

Google Makes Housing Commitment Valued at $1 Billion Google said it would commit $1 billion to boost housing construction in the San Francisco Bay Area, the latest in a series of commitments by tech comp...
14:36, 06/18/2019

U.S. foreign arms sales hit $44.15 billion in first three quarters of FY2019 The Pentagon's Defense Security Cooperation Agency (DSCA) has executed $44.15 billion in U.S. foreign arms sales through June 19, and the agency's dir...
16:24, 06/19/2019

U.S. might spend up to $1 billion to make U.S. networks 100% Huawei-free FCC Commissioner Geoffrey Starks, a Democrat, was confirmed by the Senate in January to that position joining fellow lefty Jessica Rosenworcel to make...
22:12, 06/22/2019

U.S. Takes Aim at $300 Billion in Chinese Imports for Higher Tariffs (BEIJING) — U.S. officials are targeting a $300 billion list of additional Chinese imports including laptop computers for tariff hikes, ratcheti...
04:00, 05/14/2019

FTC crackdown targets operations responsible for one billion robocalls The Federal Trade Commission (FTC) and its law enforcement partners are cracking down on robocallers. Today, the FTC announced that it's filed 94...
10:36, 06/25/2019

Bayer Shares Fall After $2 Billion Roundup Verdict Bayer shares resumed their monthslong fall after the company was hit by a more-than $2 billion jury award over its Roundup herbicide, marking a sharp ...
05:48, 05/14/2019

Sotheby’s Auction House to Be Taken Private in $3.7 Billion Sale Patrick Drahi’s acquisition of the auction house, which has struggled to turn a profit recently, will return it to private ownership after 31 years of...
07:12, 06/17/2019

U.S. to pay farmers up to $16 billion for trade war losses, South to benefit The U.S. government will pay American farmers hurt by the trade war with China between $15 and $150 per acre in an aid package totaling $16 billion, o...
18:36, 07/25/2019

Nextdoor Valued at More Than $2 Billion in Fresh Funding Round Neighborhood-focused social network Nextdoor said it has secured a $123 million investment led by Riverwood Capital, valuing the company at $2.1 billi...
15:24, 05/14/2019

Huawei says U.S. ban hurting more than expected, to wipe $30 billion off revenue China's Huawei Technologies Co Ltd has taken a harder-than-expected hit from a U.S. ban, the company's founder and CEO Ren Zhengfei said, and slashed ...
06:00, 06/17/2019

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 m...
14:36, 07/25/2019

Amazon is going to deliver a blow to FedEx, which just lost $2 billion FedEx Corp. is bracing for impact as it deals with the death of an Amazon partnership and slowing growth in the world economy.    ...
22:24, 06/25/2019

Trump says U.S. farmers to get $15 billion in aid amid China trade war President Donald Trump said on Monday that his administration was planning to provide about $15 billion in aid to help U.S. farmers whose products may...
02:36, 05/14/2019

Anadarko approves $20 billion LNG export project in Mozambique U.S. energy firm Anadarko Petroleum Corp gave the go-ahead on Tuesday for the construction of a $20 billion gas liquefaction and export terminal in Mo...
12:24, 06/18/2019

Pentagon shifts another $1.5 billion for Trump’s border wall (CNN) — The Pentagon has diverted an additional $1.5 billion in Defense Department funds from various accounts in order to fund President Donald Trump...
16:36, 05/10/2019

AbbVie to buy Botox maker Allergan in $63 billion deal Drugmaker AbbVie said Tuesday it would buy Botox maker Allergan for about $63 billion, grabbing control of by far the biggest name in medical aestheti...
12:00, 06/25/2019

Trump administration proposes another $1.6 billion for Moon efforts The Trump administration isn't convinced the $10.7 billion set aside for space exploration in the proposed 2020 budget is enough to help put astr...
19:48, 05/13/2019

Sotheby's snapped up by French tycoon Drahi for $3.7 billion Franco-Israeli cable magnate Patrick Drahi made a surprise move into the art world by snapping up Sotheby's in a deal worth $3.7 billion, marking the ...
18:00, 06/17/2019

UK's Johnson says 3.6 billion-pound fund will help towns develop British Prime Minister Boris Johnson said a 3.6 billion pound ($4.5 billion) fund will help towns to invest in areas such as transport and broadband, ...
07:12, 07/27/2019

Google wants next billion users, but has no plans to launch in China Google CEO Sundar Pichai said his company doesn't have plans to launch in China, but that doesn't mean the tech giant wants to ignore its hundreds of ...
13:24, 06/17/2019

Satellites could save Americans $30 billion on internet bills Upcoming satellite technology could lower prices for internet services, a new report predicts. Low Earth Orbit (LEO) satellites from Elon Musk’s Space...
00:36, 05/14/2019

Huawei CEO says U.S. ban hit harder than expected, warns of $100 billion revenue dip Huawei CEO Ren Zhengfei said the impact of a U.S. ban on the Chinese company was more severe than expected, warning that revenue could dip by $100 bil...
05:36, 06/17/2019

Trump says looking closely at Amazon's bid on $10 billion Pentagon contract U.S. President Donald Trump said on Thursday his administration was looking closely at Amazon.com's bid on a $10 billion cloud contract with the Defen...
14:12, 07/18/2019

WeWork looking to raise up to $4 billion in debt ahead of IPO: source Shared office space manager WeWork Cos is looking to raise $3 billion to $4 billion in debt before it goes public, a person familiar with the matter s...
17:00, 07/07/2019

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...
09:24, 07/15/2019

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.     ...
07:36, 07/15/2019

Deutsche Bank to cut 18,000 jobs in 7.4 billion euro overhaul Deutsche Bank is to ax vast swathes of its trading desks in one of the biggest overhauls to an investment bank since the aftermath of the financial c...
17:00, 07/07/2019

Airtel Africa Plans London IPO To Cut $16 Billion Debt In February, Airtel unveiled plans to raise as much as Rs 32,000 crore for a war chest to take on Jio as well as to prepare for an impending 5G airwav...
23:00, 05/28/2019

Deutsche Bank begins 18,000 job cull in $8.3 billion reinvention Deutsche Bank laid off staff in Asia on Monday as it began cutting 18,000 jobs as part of a 7.4 billion euro ($8.3 billion) "reinvention" set to tip G...
04:12, 07/08/2019

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 comme...
13:24, 07/14/2019

Disaster aid bill worth $19.1 billion blocked again in House The U.S. House of Representatives on Tuesday failed again to pass a $19.1 billion disaster aid bill supported by President Donald Trump after a Republ...
02:36, 05/29/2019

Axe falls on 18,000 Deutsche Bank jobs in $8.3 billion reinvention Deutsche Bank laid off staff from Sydney to London on Monday as it began 18,000 job cuts in a 7.4 billion euro ($8.3 billion) "reinvention" which Germ...
07:00, 07/08/2019

Google appeals $1.7 billion EU fine over restrictive ad contracts As was expected, Google is appealing a €1.49 billion ($1.7 billion) fine laid against it by the European Commission related to its AdSense advert...
07:36, 06/05/2019

GM's self-driving unit is close to receiving a $2.25 billion boost It took more than a year, but GM's self-driving company is close to receiving a giant cash infusion. Cruise Automation confirmed to Reuters that...
22:00, 07/06/2019

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 curre...
01:12, 07/16/2019

Alibaba mulls second listing to raise $20 billion: Bloomberg Alibaba Group Holding Ltd is considering raising $20 billion through a second listing in Hong Kong, Bloomberg reported on Monday, citing unnamed peopl...
12:24, 05/27/2019

Trump Administration Rolls Out $16 Billion Farm-Aid Program President Trump rolled out a $16 billion plan to help farmers hit by the trade conflict with China and suggested Huawei Technologies Co. could potenti...
17:00, 05/23/2019

U.S. Senate passes $19.1 billion in disaster relief, no border aid The U.S. Senate on Thursday approved $19.1 billion in aid to help Americans rebound from a string of natural disasters, and President Donald Trump sup...
17:24, 05/23/2019

Google to buy analytics software firm Looker for $2.6 billion Alphabet Inc's Google said on Thursday it would buy Looker, a privately held big-data analytics company, for $2.6 billion in cash, in the first major ...
09:00, 06/06/2019

Google to buy data analytics firm Looker for $2.6 billion Alphabet Inc's Google said on Thursday it would buy Looker, a privately held big-data analytics company, for $2.6 billion in cash, in the first major ...
08:00, 06/06/2019

Trump threatens China with tariffs on further $300 billion of goods U.S. President Donald Trump threatened to hit China with tariffs on "at least" another $300 billion worth of Chinese goods but said he thought both Ch...
04:48, 06/06/2019

Trump threatens China with tariffs on a further $300 billion of goods U.S. President Donald Trump threatened to hit China with tariffs on "at least" another $300 billion worth of Chinese goods but said he thought both Ch...
01:36, 06/06/2019

Musk's SpaceX raised over $1 billion in six months: filings Billionaire entrepreneur Elon Musk's SpaceX has raised more than $1 billion in financing in the last six months as it aims to roll out an ambitious hi...
20:48, 05/24/2019

Facebook removes 3 billion fake accounts over six months Facebook removed more than 3 billion fake accounts over a six-month span, far outpacing previous efforts by the company in striking fraudulent account...
00:36, 05/25/2019

The Swiss Surfer Behind $2 Billion Payments Startup Checkout.com Guillaume Pousaz has built a payments firm he acquired in 2009 into a highly valued transaction processor for fast-growing internet companies that is ...
05:48, 05/25/2019

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 i...
14:24, 07/16/2019

Naspers Listing Looks to Unlock Value in $122 Billion Tencent Stake Africa’s most valuable company said it will move forward with plans to list its massive internet assets in Amsterdam, a bid to reduce the discount its...
05:48, 05/29/2019

Here’s how much Binance paid to move $1.26 billion worth of Bitcoin Cryptocurrency exchange Binance moved a gut-wrenching $1.26 billion worth of Bitcoin today – and it paid just $124.60 in network fees for the service....
07:48, 05/29/2019

Infineon to buy Cypress Semiconductors in 9 billion euros deal Infineon has agreed to buy Cypress Semiconductors in a deal valuing the U.S. chipmaker at 9 billion euros ($10.06 billion), including debt, the Germa...
23:12, 06/02/2019

Blackstone Strikes $18.7 Billion Deal for U.S. Warehouse Network Blackstone Group is buying a network of U.S. industrial warehouses from Singapore-based GLP for $18.7 billion, in the largest private real-estate tran...
20:24, 06/02/2019

IBM closes $34 billion deal to buy Red Hat to boost cloud business International Business Machines Corp said on Tuesday it has closed its $34 billion acquisition of software company Red Hat Inc , as it looks to ramp ...
15:36, 07/09/2019

Monthly US trade deficit rises slightly to $72.1 billion The U.S. Census Bureau reported Thursday that the international trade deficit in goods rose to $72.1 billion in April, up a marginal 0.3% from March's...
03:48, 05/31/2019

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...
12:24, 07/11/2019

The new front in Trump's trade war could cost consumers at least $93 billion Based on 2018 trade numbers, it would equate to a tax on U.S. consumers that would start at $18.6 billion and escalate to about $93 billion. Those fig...
09:24, 05/31/2019

U.S. Reaches $1.4 Billion Opioid-Drug Settlement With U.K.'s Reckitt U.K. consumer-goods company Reckitt Benckiser will pay up to $1.4 billion to settle U.S. investigations into whether its former pharmaceuticals unit o...
07:24, 07/11/2019

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 f...
05:48, 07/11/2019

Donors pledge $1.2 billion to rebuild Mozambique after cyclones: U.N. International donors pledged to contribute $1.2 billion to help rebuild areas and infrastructure destroyed by cyclones Kenneth and Idai in Mozambique,...
05:36, 06/02/2019

Man Who Lost $35 Billion In One Year Has Some Advice For Elon Musk Walking down a busy street in Rio de Janeiro one recent afternoon, we bumped into the Brazilian who is best known for losing $35 billion in a single y...
10:48, 06/01/2019

China June trade surplus with U.S. rises 11% to $29.92 billion China's trade surplus with the United States, a major source of friction with its biggest trading partner, rose 11% in June to $29.92 billion from $26...
04:48, 07/12/2019

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 Brit...
10:48, 07/12/2019

German chipmaker Infineon to buy US rival Cypress for €9 billion Infineon, Germany's largest chip manufacturer, is on the verge of making its biggest-ever acquisition. The move comes amid a slump in the chip industr...
02:24, 06/03/2019

Cancer deaths cost the US $94 billion in lost earnings Almost 500,000 Americans died of cancer in 2015 and a new study concludes the disease robbed them not only of their lives but of $94.4 billion in life...
15:00, 07/08/2019

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 ...
04:00, 07/10/2019

Volkswagen to invest up to 4 billion euros in digital transformation Volkswagen will invest up to 4 billion euros over the years to 2023 to digitalize its administration and production, the German carmaker said on Wedne...
02:12, 06/05/2019

Facebook agrees to pay FTC $5 billion fine for various privacy violations Due to a slew of privacy violations, Facebook finally reached a settlement agreement with the Federal Trade Commission (FTC) that will see the social ...
02:48, 07/13/2019

WeWork looking for $2.75 billion credit line ahead of IPO: Bloomberg Workspace operator WeWork Cos is in talks with banks to raise $2.75 billion in debt ahead of its initial public offering, Bloomberg reported on Wednes...
16:48, 05/29/2019

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'...
00:00, 07/13/2019

U.S. Tentatively Approves $2 Billion in Arms Sales to Taiwan The sales, along with a pending visit to the United States by Taiwan’s president, are likely to put further strain on Washington’s relationship with B...
00:48, 07/09/2019

Facebook faces $5 billion fine over privacy violations US regulators have reportedly voted to fine Facebook $5 billion for data breaches. The social network landed in hot water last year amid allegations i...
19:00, 07/12/2019

US Approves Potential $2.2 Billion Weapons Sale To Taiwan The US State Department has approved the potential sale to Taiwan of $2.2 billion in arms, including Abrams tanks and Stinger missiles, the Pentagon s...
05:48, 07/09/2019

Infineon digs deep to buy Cypress in $10 billion deal Infineon has agreed to buy Cypress Semiconductors in a deal that values the U.S. maker of microchips used in cars and electronic devices at 9 billion ...
05:12, 06/03/2019

Walmart Got A $10 Billion (Happy) Surprise After Buying Flipkart Walmart debated for months whether to keep funding the payments business internally or whether to separate the operation so it could raise outside fun...
04:12, 07/10/2019

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 ...
23:48, 06/12/2019

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...
21:36, 07/23/2019

Lawsuit challenges constitutionality of $16 billion of Illinois bonds The sale of $10 billion of general obligation bonds in 2003 and $6 billion in 2017 by Illinois was unconstitutional because the proceeds were used for...
12:48, 07/01/2019

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...
15:24, 07/23/2019

Flipkart founder: How I sold my business to Walmart for $16 billion Binny Bansal, co-founder of Indian e-commerce giant Flipkart, says there are three traits that led to the business landing a record-breaking sale to r...
22:36, 05/20/2019

$300 billion in China tariffs still loom as a business worry Business groups warn that President Trump's Saturday announcement that the White House would not impose $300 billion in new tariffs on Chinese goods d...
21:24, 07/01/2019

Warren Buffett To Donate Over $3 Billion Of His Fortune To 5 Charities Warren Buffett said Monday he plans to donate $3.6 billion of Berkshire Hathaway stock to five charities - one of his largest gifts ever - while Walma...
22:24, 07/01/2019

Hong Kong looks to raise up to $1 billion in green bonds Hong Kong is looking to raise between $500 million and $1 billion in five-year green bonds as the former British colony looks to establish itself as a...
04:24, 05/21/2019

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 mak...
04:48, 07/23/2019

Roche names new head of $13 billion diagnostics unit Swiss drugmaker Roche on Tuesday named a new head of its $13-billion-per-year diagnostics business and also said board member Peter Voser is stepping ...
03:00, 06/11/2019

$5 Billion US Fine Set For Facebook On Privacy Probe: Report US regulators have approved a $5 billion penalty to be levied on Facebook to settle a probe into the social network's privacy and data protection laps...
21:24, 07/12/2019

Deutsche Bank suffers $3.5 billion quarterly loss Deutsche Bank reported a bigger than forecast quarterly loss of 3.15 billion euros ($3.5 billion) because of major costs stemming from its efforts to...
02:36, 07/24/2019

Dassault Systemes to buy Medidata Solutions in $5.8 billion deal French technology company Dassault Systemes has agreed to buy Medidata Solutions, a U.S. software company dealing in the sphere of clinical trials, in...
01:00, 06/12/2019

KKR devours Tim Tam biscuits maker in $2.2 billion deal with Campbell KKR & Co said it is buying Campbell Soup Co's Australian snacks unit Arnott's that will give it ownership of top-selling biscuit brands such as Tim ...
02:36, 07/24/2019

EU fines major banks €1 billion over currency cartels Regulators in the European Union have levied a hefty fine on Barclays, Royal Bank of Scotland, Citigroup, JPMorgan and Japan's MUFG over collusion in ...
20:00, 05/16/2019

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 bill...
08:12, 07/24/2019

India, Indonesia Set $50 Billion Trade Target By 2025 India and Indonesia on Saturday set an ambitious USD 50 billion target for bilateral trade over the next six years as Prime Minister Narendra Modi and...
06:12, 06/29/2019

Huawei asks Verizon to pay over $1 billion for over 230 patents: source Huawei Technologies Co Ltd has told Verizon Communications Inc that the U.S. carrier should pay licensing fees for more than 230 of the Chinese teleco...
20:00, 06/12/2019

Colorado passes $1 billion in marijuana state revenue Colorado just reached $1 billion in total marijuana state revenue. Total marijuana sales have surpassed $6.5 billion since the state legalized cannabi...
16:24, 06/12/2019

Singapore's GIC Takes Stake in WaterBridge at $3 Billion Valuation Singapore sovereign-wealth fund GIC has bought a stake in WaterBridge Resources in a deal that values the Houston-based handler of oil-drilling wastew...
03:00, 05/17/2019

Walmart to invest $1.2 billion in China to upgrade logistics Walmart plans to invest 8 billion yuan ($1.2 billion) in China over the next 10 years to upgrade logistics, the U.S. retail giant said on its social ...
06:12, 07/01/2019

Facebook to pay record $5 billion fine over privacy violations Facebook will pay a record-breaking $5 billion fine to resolve a government probe into its privacy practices and the social media giant will restructu...
06:48, 07/24/2019

DoorDash Takes Aim at Nearly $13 Billion Valuation in New Funding Round Food-delivery startup DoorDash is raising a new round of financing that could value the company at close to $13 billion, according to people familiar ...
23:12, 05/17/2019

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 tac...
06:48, 07/01/2019

United Technologies, Raytheon merging into $120 billion firm United Technologies agreed on Sunday to combine its aerospace business with US contractor Raytheon and create a new company worth about $121 billion, ...
20:24, 06/10/2019

Roche's $4.3 billion Spark bid delayed again amid U.S., UK scrutiny Swiss drugmaker Roche's $4.3 billion takeover of U.S. gene therapy specialist Spark Therapeutics has been pushed back again, possibly beyond the first...
13:36, 06/10/2019

ERAPSCO awarded $1.04 billion U.S. defense contract -Pentagon ERAPSCO, a joint venture between Sparton Corp and a subsidiary of Ultra Electronics, was awarded a $1.041 billion U.S. defense contract on Thursday to...
20:00, 07/18/2019

Trump says Pentagon’s $10 billion cloud contract should be investigated. Again. The president said on July 18 that he had received numerous complaints about a not-yet-awarded Pentagon cloud computing contract that could go to Amaz...
17:00, 07/18/2019

Boeing takes $5.6 billion revenue hit to compensate 737 Max customers The financial toll of the jet's grounding is starting to add up for Boeing, which has frozen sales of its flagship aircraft since regulators issued a ...
17:00, 07/18/2019

Australian government set to secure support for $110 billion tax cut plan Australia's conservative government looked set to secure the required support on Thursday to pass A$158 billion ($110.47 billion) worth of tax cuts ov...
01:36, 07/04/2019

In 6 Months, Facebook Removes Over 3 Billion Fake Accounts (SAN FRANCISCO) — Facebook removed more than 3 billion fake accounts from October to March, twice as many as the previous six months, the compan...
11:00, 05/23/2019

ERAPSCO awarded $1.04 billion U.S. defense contract: Pentagon ERAPSCO, a joint venture between Sparton Corp and a subsidiary of Ultra Electronics, was awarded a $1.041 billion U.S. defense contract on Thursday to...
16:00, 07/18/2019

The U.S. Army Once Kept $1 Billion Worth of LSD in a Maryland Office for Some Reason James Ketchum, an Army psychiatrist who conducted controversial drug experiments on members of the U.S. military, died last month, on May 27, at the a...
15:12, 06/07/2019

Boeing Plans $5 Billion Charge to Compensate 737 MAX Customers Boeing said it would book a nearly $5 billion charge related to compensating airline customers as a result of the prolonged grounding of its troubled ...
15:12, 07/18/2019

Georgia stands to lose $9.2 billion in Hollywood business Initially, Georgia Gov. Brian Kemp dismissed the Hollywood actors criticizing the so-called heartbeat abortion bill he signed in early May as "C-list ...
21:12, 06/06/2019

Facebook removed 3 billion fake accounts in just 6 months Facebook removed more than 3 billion fake accounts from October to March, twice as many as the previous six months, the company said Thursday. Nearly ...
13:12, 05/23/2019

Microsoft's 'blow out' quarter beats projections by $1 billion Microsoft beat analysts' revenue projections by nearly $1 billion when it announced earnings for the fourth quarter of its 2019 fiscal year, as its cl...
21:12, 07/18/2019

Deutsche Bank to axe investment bankers in up to $5.6 billion revamp Deutsche Bank is preparing to unveil a sweeping, multi-billion euro overhaul within days that would see the axe fall heaviest on investment bankers, ...
10:36, 07/03/2019

Deutsche Bank restructuring to cost up to $5.6 billion: source Deutsche Bank expects the cost of a major overhaul in the works to be up to 5 billion euros ($3.4-$5.6 billion), one person familiar with the matter ...
05:00, 07/03/2019

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 platf...
13:24, 07/22/2019

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 bor...
12:36, 07/22/2019

UK tech created 13 'billion dollar' startups in 2018 The UK technology sector produced 13 "unicorn" companies - firms privately valued at more than $1bn (£784 million) - over the past year, taking i...
10:24, 06/10/2019