In unprecedented payout, L.A. County will settle sex abuse claims for $4 billion
Los Angeles County plans to pay $4 billion to settle nearly 7,000 claims of childhood sexual abuse that allegedly occurred inside its juvenile facilities and…
Trump administration may pull $9 billion in aid to Harvard over alleged anti-Semitism
U.S. Education Department Secretary Linda McMahon in the Dirksen Senate office building in Washington, D.C. in February. Photo by Annabelle Gordon/UPI | License Photo April…
Rocket acquires Mr. Cooper in $9.4 billion merger
Rocket Companies acquired Mr. Cooper Group in an all-stock transaction worth $9.4 billion in equity value. Photo courtesy Rocket March 31 (UPI) -- The financial…
Dollar Tree sells Family Dollar to a capital management partnership for $1 billion
Dollar Tree said Wednesday it is selling its Family Dollar division to a partnership of Brigade Capital Management and Macellum Capital Management for just over…
British government now holds $32.3 billion in frozen Russian assets
The British government said Friday it holds $32.3 billion in frozen Russian assets, according to an Office of Financial Sanctions Implementation report. File Photo by…
L.A. budget shortfall close to $1 billion; layoffs ‘nearly inevitable’
L.A.’s financial problems exploded into a full-blown crisis on Wednesday, with the city’s top budget official announcing that next year’s shortfall is now just shy…
California has a $6.2 billion Medicaid funding gap partly due to expanding immigrant coverage
Breadcrumb Trail LinksPMNPMN BusinessAuthor of the article:The Associated PressTran NguyễnPublished Mar 19, 2025 • 3 minute read You can save this article by registering for…
Purdue Pharma submits opioid lawsuit settlement plan, including up to $7 billion cash from Sacklers
Breadcrumb Trail LinksPMNPMN BusinessAuthor of the article:The Associated PressGeoff MulvihillPublished Mar 19, 2025 • 3 minute read You can save this article by registering for…
Newsom to ask California Legislature for another $2.8 billion to cover Medi-Cal cost overruns
SACRAMENTO — Days after telling lawmakers that he took out a $3.4 billion loan to pay for Medi-Cal costs through March, Gov. Gavin Newsom’s Office said Monday…
EU pledges 2.5 billion euros ($2.7bn) to Syria in post-al-Assad donor drive | European Union News
Western powers and regional neighbours attend the conference in Brussels aimed at helping the country rebuild after civil war.The European Union has hosted a donor…
Bill Ackman’s Pershing raises $1.4 billion in Universal Music Group stake sale
A group of Universal Music Group shareholders affiliated with billionaire Bill Ackman’s hedge fund Pershing Square raised more than $1.4 billion from the sale of…
Comcast signs $3 billion deal to keep Olympics on NBC through 2036
Comcast Corp. and NBCUniversal have secured U.S. rights to broadcast the Olympics Games through 2036 with a $3-billion arrangement.The new deal, which kicks in this…
‘Pokémon Go’ sells to Culver City-based Scopely in $3.5 billion deal
Scopely, a Culver City-based mobile game developer and publisher, will acquire the games portfolio of developer Niantic, including “Pokémon Go,” “Pikmin Bloom” and “Monster Hunter…
Northern Pulp seeking $2.5 billion in private-public funding to build new pulp mill
Breadcrumb Trail LinksPMNPMN BusinessAuthor of the article:The Canadian PressMichael MacDonaldPublished Mar 11, 2025 • 3 minute read You can save this article by registering for…
World Bank: Lebanon needs $11 billion for reconstruction, recovery from Israel war
Zainab Nasrallah, 53, inspects her house, destroyed by Israeli forces, in the southern Lebanese village of Houla on Friday. Nasrallah remained in her village for…
Supreme Court pauses judge’s order to spend $2 billion in foreign funds
WASHINGTON — Supreme Court Chief Justice John G. Roberts Jr. on Wednesday evening issued an order pausing a judge’s deadline requiring the Trump administration to send out…
Gatwick Airport set to add 100,000 extra flights annually with £2.2 billion expansion
Gatwick is the UK's second busiest airport and one of the busiest single-runway airports in the world. It is understood that Transport Secretary Heidi Alexander…
Judge gives Trump administration 2 days to release billions of dollars in blocked foreign aid
WASHINGTON — A federal judge on Tuesday gave the Trump administration less than two days to release billions of dollars in U.S. foreign aid, saying the administration…
Jon Stewart slashes hand on prop during ‘Daily Show’ bit
Jon Stewart slashed his hand on Monday during a bit after smashing a prop mug in frustration with government inefficiencies.The veteran “Daily Show” host, who…
CDPQ to buy Innergex Renewable Energy in deal valued at $10 billion
Breadcrumb Trail LinksPMNPMN BusinessAuthor of the article:The Canadian PressStephane RollandPublished Feb 25, 2025 • 3 minute read You can save this article by registering for…