OpenAI Secures Groundbreaking $40 Billion Funding: The Biggest Private Tech Deal in History!
Dominari Securities CEO Kyle Wool has reacted to recent news indicating that OpenAI anticipates its revenue will soar to $12.7 billion by 2025. OpenAI, the creator of ChatGPT, announced on Monday that its funding could reach $40 billion. This capital is part of a new fundraising initiative for an artificial intelligence (AI) firm that has […]
Swiss Pharma Company Announces $23 Billion U.S. Investment
Novartis, a pharmaceutical company, announced plans to build seven facilities in the United States and expand other facilities with a $23 billion investment over five years, shortly after President Donald Trump announced upcoming tariffs on imported drugs. Swiss has revealed its major investments in the press release. “This commitment will allow Novartis to expand the […]
Federal judge rips into LA officials over lack of oversight on $2.4 billion spent on homelessness: ‘I am your worst nightmare’
A federal judge hugged an official who failed to occupy a $2.4 billion taxpayer fund aimed at solving homelessness in Los Angeles. US District Court Judge David Carter threatened to appoint a recipient of a court order if the officials failed to improve their efforts to explain the money they spent. According to In the […]
SLO County’s unfunded pension liability soaring, now over $1 billion – Cal Coast News
March 26, 2025 By Karen Berry San Luis Obispo County's unsubscribed pension liability now exceeds $1 billion, primarily due to large pay increases for retirees and significant increases in living expenses. Other factors include more retirees (additionality) than current employees, and longer lives for retirees. The SLO County Pension Trust Board reported $10.08 billion in […]
Hyundai Motor Company CEO talks automaker’s $21 billion US investment
Jose Munoz, president and CEO of Hyundai Motor Company, is dealing with the expected automotive industry tariffs on the “Craman Countdown.” Josemónhos, CEO of Hyundai Motor Company, appeared on “Craman Countdown” on Wednesday to talk about Hyundai Motor Group's newly announced large investment in the US His appearance at the show came on the same […]
SCHD Leads Dividend ETF Exodus with Big $7.1 Billion Outflow – Yahoo Finance
Schwab US Dividend EquityETF (SCHD) The company experienced a $7.1 billion outflow on Monday, bringing its management total assets down 10.2% to $69.9 billion, according to data from ETF.com Daily Fund Flows. Vanguard's High Dividend Yield Index ETF (VYM) and iShares Select Dividend ETF (DVY) Additionally, large outflows of $3.7 billion and $2.3 billion respectively […]
Financial Times apologizes for falsely accusing Tesla of missing $1.4 billion in financial report
The Financial Times article created the headline when the author claimed it had It will be identified Tesla's recent financial report is shortfalling $1.4 billion. Tesla lost considerable value last week when Dan McCram piled up by asking how the company's accounting came to disappear. After the charges were announced Wednesday, other outlets struck to […]
Georgia Jury Awards Plaintiff $2 Billion From Big Pharma Company Bayer In Latest MAHA Win
A Georgia ju judge granted plaintiff John Burns $2.065 billion in damages on Friday in the latest lawsuit against drug giant Bayer for herbicide product Roundup. Burns, who suffers from non-Hodgkin's lymphoma, filed a 2021 lawsuit against Monsanto, a Bayer-owned Roundup producer. According to To the Associated Press. The ruling is the latest in a […]
EU to Slap Mark Zuckerberg’s Meta with Record Antitrust Fine of Up to $1 Billion
The EU is poised to hit the meta of Facebook and Instagram parent company Mark Zuckerberg, with sources close to the situation, with more than $1 billion fines allegedly violating strict antitrust regulations. New York Post Report The European Commission, the EU's antitrust watchdog, is expected to conclude that the meta is not compliant with […]
Trump, Hyundai Announce Company Is Investing $21 Billion in U.S.
President Donald Trump and Hyundai Motor Group executive Eushun Chong announced Monday that the company will invest $21 billion in the US over the next four years. The announcement came at a press conference in the Roosevelt Room. There, Trump and Chong were accompanied by top Louisiana leaders. These include Gov. Jeff Landry, House Speaker […]