Biden pledges $8 billion for Ukraine ahead of Zelensky meeting
President Biden on Thursday announced an estimated $8 billion in aid for Ukraine, reduced billions of dollars in Pentagon military stockpiles that were at risk of expiring on Sept. 30, provided additional Patriot air defense artillery pieces and expanded training for F-16 pilots. The announcement came ahead of a meeting in Washington on Thursday between […]
China weighs injecting $142 billion of capital into top banks, Bloomberg News reports – Yahoo Finance
HONG KONG (Reuters) – China is considering injecting up to 1 trillion yuan ($142.39 billion) in capital into the country's biggest state-owned banks to boost their ability to support its struggling economy, Bloomberg News reported on Wednesday. The move is part of a wide-ranging stimulus package introduced by Beijing this week to jump-start China's sluggish […]
Mark Zuckerberg’s Wealth Soars Past $200 Billion
Mark Zuckerberg, CEO of Meta and notorious left-wing advocate, is now one of only three people in the world to have amassed a net worth of more than $200 billion. Business Insider Report The incredible surge in wealth has propelled Meta CEO Mark Zuckerberg into the ultra-exclusive $200 billion club, making him the latest member […]
Vista, Blackstone buying software maker Smartsheet for about $8.4 billion
Former Treasury Secretary Steven Mnuchin and Contrast Securities CEO Alan Naumann, who have founded a new private equity firm, Liberty Strategic Capital, are discussing the agreement. Acquired by private equity firms Vista Equity Partners and Blackstone Software Maker Acquired Smartsheet for approximately $8.4 billion in cash. Vista and Blackstone announced Tuesday that they would pay […]
55 billion dollars invested in Bitcoin ETF in 2024 ! – Cointribune EN
8:05pm 3 Reading time: 1 minute ▪ Author: Luc Jose A. In a global economic context full of uncertainty, Bitcoin continues to stand out with its exceptional performance. A VanEck report has confirmed that the iconic cryptocurrency will outperform almost all other asset classes in 2023, confirming its central role in the global financial landscape. […]
Building 8 EV Charging Stations Under $7.5 Billion Investment for Them Is ‘On Track’
During CNBC's “Squawk Box” broadcast Thursday, Transportation Secretary Pete Buttigieg said the construction of eight electric vehicle charging stations so far is “on track” under the Controlling Inflation Act's $7.5 billion investment in electric vehicle charging stations, as the bulk of the construction is scheduled to take place in the second half of the decade. […]
Congress races to patch $3 billion Veterans Affairs shortfall
Lawmakers are rushing to pass emergency legislation to plug a roughly $3 billion shortfall facing the Department of Veterans Affairs, with officials warning that benefits for veterans and their families are at risk if Congress doesn't act in the coming days. The House passed the bill with bipartisan support Wednesday night, and lawmakers from both […]
Axel Springer, KKR near $13.5 billion break-up deal
German publisher Axel Springer and investment firm KKR are close to a $13.5 billion break-up deal to break up the media giant. The Financial Times reported. The two sides are due to meet at a supervisory board meeting on Thursday to discuss the proposed structure of a deal that would give KKR majority control of […]
IBM to take $2.7 billion charge related to transfer of pension obligations – Yahoo Finance
(Reuters) – IBM Inc said on Wednesday it expects a pretax charge of about $2.7 billion in the third quarter related to a transaction to transfer some of its pension plan liabilities to Prudential Financial Inc. The transaction will transfer approximately $6 billion of IBM's defined benefit pension obligations to Prudential Insurance Company. Defined benefit […]
Ireland now needs to decide what it will do with 13 billion euros in back taxes from Apple – CNBC
Shoppers on Wicklow Street in Dublin, Ireland, Thursday, March 28, 2024. Bloomberg | Bloomberg | Getty Images A landmark ruling by the European Union's highest court means Ireland will receive 13 billion euros ($14.4 billion) in unpaid taxes from Apple, a windfall that Dublin has fought for years to avoid. That puts the small EU […]