Why one Anthropic update wiped billions off software stocks
Tech workers have been worried for years about the AI tidal wave coming for their jobs, but their bosses are starting to worry now, too. Stocks plunged this week as fears escalated that AI…
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Trump Sues JPMorgan Chase for Billions as Revenge Quest Continues
“There’s a firm argument to be made that this art form, the Delta blues, is our country’s most important contribution to global popular culture. You know, I think it’s probably most…
Saks mulls bankruptcy year after raising billions for turnaround
SAKS Global Enterprises, facing limited options ahead of a more than US$100 million debt payment due at the end of this month, is considering Chapter 11 bankruptcy as a last resort,…
HHS roots out double-dippers who receive billions in improper federal healthcare benefits
After discovering that millions of people are wrongly collecting federally backed health care benefits, the Health and Human Services Department told federal investigators that it is…
Saudi Aramco weighs raising billions of dollars from its biggest disposals yet
Saudi Aramco is considering plans to raise billions of dollars by selling a range of assets, people familiar with the matter said, deals that could rank as its most significant disposals…
Crypto giants moved billions in illegal funds despite crackdown
Regulators and law enforcement have tried to push crypto exchanges to implement anti-money laundering safeguards WHEN US President Donald Trump pardoned Zhao Changpeng in October, the…
Alphabet, Amazon stakes in Anthropic boost profit by billions
Alphabet and Amazon were rewarded by investors for reporting better-than-expected third-quarter profits. At both companies, earnings were boosted by the increased value of their stakes in…
Elon Musk Is Getting Billions Thanks to Trump’s Stupid “Golden Dome”
Donald Trump’s “Golden Dome” project is helping out one of his old friends. Source link
Elon Musk DOGE Stooge Just Got Control of Billions of Military Dollars
Waltz attacked the Cuban government as “illegitimate and brutal,” claiming that he was correcting “the fake news, the misinformation, and this false reality the regime seeks to create year…
Shutdown halts billions in small business loans, government contracts, SBA administrator says
Smaller companies across America have lost access to capital because of the government shutdown and those with federal contracts have received "stop work" orders, the head of the Small…
Anthropic to use Google’s AI chips worth tens of billions to train Claude chatbot
ANTHROPIC is expanding its deal with Google to use as many as one million of the tech giant’s artificial intelligence chips, worth tens of billions of dollars, as the startup races to…
Billions wiped off Nio’s market value as shares plunge 9.5% on news of GIC lawsuit
The Chinese EV maker and its top execs are being sued for ‘fraudulent recognition’ of at least US$600 million revenue Shares of Nio tumbled 9.5 per cent after Singapore’s sovereign wealth…
Trump Cuts Billions in Funding From Another Blue City in Revenge Tour
“Well, I mean, you know the data, though. You know where we are. I mean, we’ve had three months of slowing jobs,” the host observed, asking Chavez-DeRemer for a sense of the “jobs picture…
Boeing 777X to slide into 2027, driving billions in charges
The jet, already six years late, is of major strategic and financial importance to the company in its duel with Airbus for a bigger slice of the lucrative long-haul market Boeing’s 777X is…
Supreme Court allows Trump to block billions in foreign aid money
The Supreme Court brushed aside a lower court ruling Friday and cleared the way for President Trump to do a "pocket rescission" of $4 billion in foreign assistance money Congress approved…
US Tech Giants Race to Spend Billions in UK AI Push
Microsoft and Nvidia have unveiled plans to invest up to $45 billion dollars into the UK economy, in a move that will bolster the building of more data centers as well as research and…
China’s green tech firms pour billions into overseas factories
Middle East nations have been attracting investments in solar module and electrolyser plants, supported by sovereign offtake agreements China’s world-leading solar, battery and electric…
Chief Justice Roberts keeps in place Trump funding freeze that threatens billions in foreign aid
Chief Justice John Roberts on Tuesday temporarily kept in place the Trump administration's decision to freeze nearly $5 billion in foreign aid. Source link
Judge orders Trump administration to release billions in foreign aid approved by Congress
The Trump administration must release billions of dollars in foreign aid approved by Congress, including money that President Donald Trump said last week he would not spend, a federal…
If Trump’s tariffs are thrown out, companies could be refunded billions
President Donald Trump likes to boast about how much money the U.S. Treasury is raking in from the massive taxes—tariffs—he’s slapped this year on imports from almost every country in the…
Judge reverses Trump administration's cuts of billions of dollars to Harvard University
A federal judge in Boston on Wednesday ordered the reversal of the Trump administration's cuts to more than $2.6 billion in funding for research grants for Harvard University. Source link
Trump says he's asking Congress for billions to 'beautify' D.C. streets
President Trump said he's going to obtain $2 billion from Congress to beautify the streets of Washington, a plan that's been on his mind and has been called for with executive orders.…
Trump administration releases billions in frozen education grant money
The Trump administration has released more than $6 billion in federal funding for school programs after pausing the grants at the beginning of July and spurring panic in educators. Source…
Trump’s budget cuts may hand Spain a scientific prize worth billions
As the U.S. backs away from key climate, aid, and scientific investments, Europe is stepping in to pick up the slack. Europe’s latest intervention? Saving a plan to build one of the…