SoftBank’s Son to pledge $100 billion in U.S. investments
SoftBank Group Corp. Chief Executive Masayoshi Son is set to announce a plan to invest $100 billion in the U.S. over the next four years…
Taylor Swift’s Eras tour makes record-breaking $2 billion
Taylor Swift is not done with her record-breaking era: The pop superstar’s global tour sold more than $2 billion in tickets, making Taylor Swift: The…
China’s $1.3 Billion Peru Gamble Redraws Global Trade
A new $1.3 billion deep-water megaport in Peru will likely become the latest battleground in a rumbling trade dispute between the US and China. The…
Senate to hear testimony from airline executives on $12.4 billion in ‘junk’ seating fees
Executives from United, Delta, American Spirit and Frontier airlines will testify Wednesday to defend $12.4 billion in airline seating fees at a U.S. Senate subcommittee…
Delaware judge again rules against Tesla paying Elon Musk $56 billion package
Elon Musk listens as U.S. President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency Hotel in Washington, D.C., on November…
Milei Touts $50 Billion From Investors Eyeing 30-Year Loopholes in Argentina
Breadcrumb Trail LinksPMN BusinessArgentina would seem to have it all — abundant natural resources, legions of well-educated workers. But it struggles to attract investors because…
Amazon commits $4 billion more into Anthropic AI
Amazon says it will invest $4 billion in the AI startup Anthropic. File Photo by John Angelillo/UPI | License Photo Nov. 22 (UPI) -- Amazon…
Biden seeks nearly $100 billion in emergency disaster aid after Hurricanes Helene and Milton
WASHINGTON — President Biden is requesting nearly $100 billion in emergency disaster aid after Hurricanes Helene and Milton, and other natural disasters.In a letter Monday to…
Commerce Department finalizes $6.6 billion semiconductor deal with TSMC
The Biden administration announced on Friday that the Commerce Department awarded TSMC Arizona $6.6 billion in direct funding to go for three greenfield leading-edge fabs…
A $1 billion proposal is the latest plan to refurbish and save the iconic Houston Astrodome
Breadcrumb Trail LinksPMNPMN BusinessAuthor of the article:The Associated PressJuan A. LozanoPublished Nov 13, 2024 • 4 minute read You can save this article by registering…
Eye-watering £15 billion floating airport in the middle of nowhere that's actually sinking
The engineers behind the airport knew it was ‘slightly sinking’ but believed that it would settle and stabilise at around 13 feet above sea level…
How One of the Tiniest Oil Markets Cost Trafigura Over $1 Billion
Breadcrumb Trail LinksPMN BusinessA small but profitable fuel-supply business concealed a ballooning web of credit exposures.Author of the article:Bloomberg NewsJack Farchy, Alfred Cang, Archie Hunter, Terrence Edwards…
Biden administration announces $3 billion in grants for clean port projects
The Biden administration on Tuesday announced $3 billion to zero-emission port projects. File Photo by John Angelillo/UPI | License Photo Oct. 29 (UPI) -- The…
UN report says 1.1 billion people living in acute poverty | Poverty and Development News
Index shows that 83.2 percent of the world’s poorest people live in sub-Saharan Africa and South Asia.More than one billion people live in acute poverty,…
Wolfspeed Wins $1.5 Billion in Financing From Chips Act, Apollo
Breadcrumb Trail LinksPMN BusinessWolfspeed Inc., a manufacturer of chips used primarily in electric vehicles, is in line to win $750 million in US government grants…
Rio Takes Step Toward M&A Redemption With $6.7 Billion Lithium Bet
Breadcrumb Trail LinksPMN BusinessA little over a decade ago, Rio Tinto Group was reeling from the impact of disastrous investments. First, the bruising top-of-the-market purchase…
TD Bank pleads guilty to money laundering, slapped with $1.8 billion penalty
TD Bank, the 10th-largest U.S. bank, has pleaded guilty to failing to maintain an adequate anti-money laundering program will pay a $1.8 billion fine, prosecutors…
TD to Face US Growth Limits, $3 Billion Penalty for Money-Laundering Failures, WSJ Says
Breadcrumb Trail LinksPMN BusinessToronto-Dominion Bank will pay about $3 billion in penalties and face restrictions on its US growth in a settlement with regulators over…
China’s Top Miner to Spend $24 Billion on Coal-to-Oil Project
Breadcrumb Trail LinksPMN BusinessChina’s biggest coal miner announced the construction this week of another massive project to supply feedstock for petrochemicals makers and help clear…
Thailand Eyes $300 Billion Gas Field Frozen by Cambodia Dispute
Breadcrumb Trail LinksPMN BusinessThailand’s new government will restart negotiations with Cambodia to explore an offshore oil and gas field with at least $300 billion worth…