Feds pump $2 billion into boosting U.S.-based EV manufacturing
While Donald Trump dumps on electric vehicles and China becomes an “electric vehicle export behemoth,” the Biden administration aims to keep the budding EV industry…
Bloomberg’s $1 billion gift provides free tuition to Johns Hopkins medical students
Former mayor of New York City, Michael Bloomberg, donated $1 billion to Johns Hopkins University, which will provide free tuition to a majority of medical…
Labour’s £10 Billion Crisis Bill Just the First Fiscal Challenge
Breadcrumb Trail LinksPMN BusinessBritain’s Labour Party is back in government for the first time since 2010 and has promised to hit the ground running with…
Saks Fifth Avenue parent company buys Neiman Marcus chain in $2 billion deal
1 of 3 | HBC, Saks Fifth Avenue’s parent company, said Thursday it will acquire Neiman Marcus Group in a $2.65 billion deal. “We’re thrilled…
Singapore seized $4.4 billion in dirty money since 2019
Singapore has seized S$6 billion ($4.4 billion) linked to criminal and money laundering activities over the past five years, of which about half of these…
Newsom signs budget to close California’s $46.8-billion budget deficit
SACRAMENTO — Gov. Gavin Newsom on Saturday signed California’s budget to close an estimated $46.8-billion deficit through $16 billion in spending cuts and temporarily raising taxes…
NFL must pay $4.1 billion in damages over Sunday Ticket
The NFL suffered a huge setback Thursday and was ordered to pay about $4.1 billion in damages for violating antitrust law in a class-action suit…
Supreme Court upsets $10 -billion opioid settlement
WASHINGTON — The Supreme Court on Thursday rejected a mass settlement related to the nation’s opioid crisis that would have paid an estimated $10 billion to…
A24 valuation jumps to $3.5 billion with new funding round
Known for arthouse films, Oscar contenders and prestige horror flicks, indie studio A24 has landed a new round of funding led by venture capital firm…
Universal's first European theme park could bring £50 billion to the UK
New details have emerged for Universal's first theme park in Europe, which would take around six years to build on the site of a former…
California clean water solutions will cost $11.5 billion
California has made significant progress helping small communities address problems of contaminated drinking water, but the costs of bringing safe tap water to hundreds of…
GAHCHO KUÉ MINE SURPASSES CAD2 BILLION SPENT WITH NWT & INDIGENOUS BUSINESSES
Article contentCALGARY, AB, CANADA, June 25, 2024 (GLOBE NEWSWIRE) — De Beers Group and Mountain Province Diamonds today announced that their joint venture Gahcho Kué…
California lawmakers backs cutting in nearly $300 billion budget
California Gov. Gavin Newsom speaks during the Asia-Pacific Economic Cooperation Economic Leaders Week in 2023. Newsom and legislators reached a $300 billion budget deal. Photo…
Tesla investors back Musk’s US$56 billion pay
Breadcrumb Trail LinksNewsElectric VehiclesA Delaware judge voided the payout in January, and Tesla is expected to appealAuthor of the article:Bloomberg News Dana Hull and Kara…
CI Financial Reports Total Assets of $482.2 Billion for May 2024
This section is Partnership Content suppliedThe content in this section is supplied by Business Wire for the purposes of distributing press releases on behalf of…
Hungary and Vinci Buy Budapest Airport in $4.7 Billion Deal
Breadcrumb Trail LinksPMN BusinessHungary and French construction giant Vinci SA are buying Budapest Airport Zrt. in a deal that valued the central European hub at…
BHP Faces a Test of Patience After $49 Billion Anglo Bid Falters
Breadcrumb Trail LinksPMN BusinessDays after BHP Group failed to secure the $49 billion takeover of smaller rival Anglo American Plc, investors have one message for…
Japan confirms $62 billion currency intervention to prop up weak yen
Japanese officials admitted on Friday that it pumped $62 billion in yen over the past month to slow its dramatic fall against the U.S. dollar,…
Melinda French Gates to donate $1 billion in support of women’s equity
Melinda French Gates says she will be donating $1 billion over the next two years to individuals and organizations working on behalf of women and…
T-Mobile plans to buy most of U.S. Cellular in $4 billion sale, expand rural coverage
1 of 2 | “As customers from both companies will get more coverage and more capacity from our combined footprint, our competitors will be forced…