White House to spend $1.7 billion to address hunger, health
Second Gentleman Doug Emhoff will address the White House's effort to end hunger on Tuesday. File Photo by Bonnie Cash/UPI | License Photo Feb. 27…
Alcoa Makes $2.2 Billion Bid for Australian Partner Alumina
Breadcrumb Trail LinksPMN BusinessUS aluminum producer Alcoa Corp. made a $2.2 billion offer to acquire its Australian joint-venture partner Alumina Ltd. to consolidate ownership of…
Biden announces $1.2 billion in student debt forgiveness
President Biden announced the cancellation Wednesday of $1.2 billion in student loan debt for more than 150,000 borrowers, saying the relief will allow them to…
Jeff Bezos sells 14 million Amazon shares for $2.37 billion
Amazon founder Jeff Bezos has sold another 14 million shares of Amazon stock, according to a Tuesday Securities and Exchange Commission filing. He announced last…
Ukraine recovery and reconstruction: $486 billion over the next decade
Reconstruction and recovery in war-torn Ukraine is projected to cost $486 billion over the next decade, up from $411 billion estimated a year ago, a…
Measure HLA will cost the city $3.1 billion, new report says
With L.A.’s city election less than three weeks away, the top budget official at City Hall said Measure HLA, the ballot proposal to install hundreds…
US Senate passes $US95 billion package to aid Ukraine, Israel and Taiwan after debating bill through the night
In short: The US Senate has passed a $US95 billion aid bill for Ukraine, Israel and Taiwan after night long negotiations.It includes $US8 billion for…
Australians spending $7 billion a year on lotteries during cost of living crisis
Australians are spending more on lotto tickets and scratchies than ever before, despite cost of living pressures biting into household budgets.According to the most recently…
L.A. County paid out nearly $1 billion last year in claims
The costs to defend Los Angeles County — and its army of sheriff’s deputies, firefighters, social workers and doctors — against lawsuits skyrocketed in the…
Rogers Communications Inc. Announces Pricing of US$2.5 billion Offering of US Dollar Senior Notes
Article contentTORONTO, Feb. 07, 2024 (GLOBE NEWSWIRE) — Rogers Communications Inc. (TSX: RCI.A and RCI.B) (NYSE: RCI) (“RCI”) announced today that it has priced a…
Man pleads guilty in $1 billion scheme to dodge money laundering rules in New York
A man described as an “experienced anti-money laundering specialist” pleaded guilty on Wednesday to illegally funneling more than $1 billion in lucrative, high-risk transactions through…
Egypt Talks on IMF-Led Deal Go on With $10 Billion on Table
Bloomberg’s news report by Mirette Magdy indicated that an International Monetary Fund mission to Egypt has extended its visit until the end of the week…
Facebook turns 20: How the social media giant grew to 3 billion users | Social Media News
In 2004, as broadband was replacing dial-up internet and mobile phones with colour screens were gaining popularity, on February 4, a social network, named “TheFacebook”,…
Meta, Amazon shares surge by $279 billion after cuts boost profit
Breadcrumb Trail LinksInvestorEarnings got a boost from tens of thousands of job cuts since 2022 and strong sales that beat analysts’ estimatesAuthor of the article:Bloomberg…
European Union agrees to 50 billion euro aid package for Ukraine despite Hungary’s veto threat
In short: The EU has agreed to provide Ukraine with a new 50 billion euro ($82 billion) support package despite Hungary's threats to veto the move.President Volodymyr…
Byron Allen’s latest takeover attempt: Paramount for $14 billion
Media mogul Byron Allen has extended yet another multibillion-dollar takeover offer — this time, a $14.3-billion bid to buy all of the outstanding shares of…
Mexico’s Next President Will Inherit Oil Giant’s $106 Billion Debt
Breadcrumb Trail LinksPMN BusinessMexico’s state-owned Pemex faces most bond maturities until at least 2050Author of the article:Bloomberg News Scott SquiresPublished Jan 31, 2024 • 4…
NATO approves $1.2 billion for artillery
NATO on Tuesday announced it had purchased $1.2 billion in artillery amid Russia's invasion of Ukraine which Secretary-General Jens Stoltenberg said "demonstrates that NATO's tried-and-tested…
NYC announces program to forgive $2 billion in medical debt
Mayor of New York City Eric Adams speaks with the press after meeting with members of Congress at the U.S. Capitol in on December 7,…
U.N. global migration agency launches urgent appeal for $7.9 billion in funding
A migrant crisis at the United States souther border with Mexico continues to put the federal government at odds with state leaders. Photo by Carlos…