SCROLL NEWS / DISCOVERY
Search headlines
Find the stories shaping the conversation.
Results for " billion " 3,609 found 🔀 AI-powered Shuffle
Morristown approves $48 million deal with Atlantic Health, clears path for $1 billion hospital expansion
The town council approved the agreement without public comment or discussion, setting up a three-step process for evaluating Atlantic's proposed expansion of Morristown Medical Center.
Trump’s $50B Rural Health Bet Meets a Healthcare Desert in North Carolina
In Martin County, it can be 20 miles or more to the closest emergency room. Healthcare gaps there show the finite reach of a $50 billion rural health fund.
Billions in super PAC spending prompts Summer Lee, Bernie Sanders to call for strict limits
WASHINGTON — In a fierce political race two years ago to keep his U.S. Senate seat, Bob Casey was winning the battle to raise more money than his...
Defense Billionaire’s Father Builds New Business on CSG Model
The founder of CSG NV, which completed the biggest ever initial public offering for a pure defense company four months ago, is seeking to raise as much as €200 million ($233 million) this year to expand his industrial group.
Companies quietly chase billions in Trump tariff refunds as lawsuits and politics mount
Trump blasts corporate tariff refunds as ‘unpatriotic’ as billions flow back to big business
Knicks-Rangers Split: Explaining MSG Sports' $13.5B Breakup
MSG Sports is considering a split of the Rangers and Knicks, who are worth a combined $13.5 billion, per Sportico. Here is a breakdown of the deal.
Incipient Monopolization in Digital Streaming: Judicial Oversight of Contemporary Entertainment Consolidation — Columbia Undergraduate Law Review
On February 27, 2026, Paramount Global confirmed a $110 billion all-cash offer to acquire Warner Bros. Discovery, creating one of the largest media mergers in U.S. history. The offer followed a bidding war with Netflix; however, Warner Bros. ultimately signed the initial offer from Paramount. Netfli
‘Anti-Weaponization Fund’ revives yearslong fight over Democrat-backed settlements
President Donald Trump’s nearly $1.8 billion “Anti-Weaponization Fund” is triggering bipartisan concern on Capitol Hill while simultaneously reigniting a years-old conservative argument against administrations from both parties using the Treasury Department’s Judgment Fund to finance politically sensitive settlements with little congressional oversight. The fund stems from Trump’s settlement with the Internal Revenue Service over the […]
$775 billion, $1.2 billion, and $38k
Medicaid cuts stemming from Republicans' 2025 tax law are expected to be even bigger than forecast.
Texas business leader torches California’s billionaire tax push: ‘We don’t punish hard work’
Texas business leader torches California’s billionaire tax push: ‘We don’t punish hard work’
Gabriela von zur Muehlen, chief policy officer for the Texas Association of Businesses, says high-tax states like California and New York are pushing wealth, jobs and investment toward Texas.
Why billionaires, CEOs and manufacturers keep choosing Texas as America’s business capital
Gabriela von zur Muehlen, chief policy officer at the Texas Association of Business, says Texas’ low costs and strong supply chains help attract billionaires, CEOs and manufacturers.
Watch Lilly Gets Back Into the Vaccine Business With New Deals
Eli Lilly & Co. is buying three clinical-stage vaccine developers for as much as $3.8 billion as it looks to become a leader in infectious diseases. The drugmaker has been using cash from its obesity drugs to expand into other disease areas. Bloomberg's Gerry Smith reports.
Terra Quantum and Axiom Intelligence Acquisition Corp 1 Announce Definitive Business Combination Agreement at a $3.5 Billion Equity Valuation
/PRNewswire/ -- Terra Quantum AG ("Terra Quantum" or the "Company"), a global leader in quantum technologies, quantum security, and AI-driven optimization...
‘Restart Multiple Times’—Microsoft Changes Windows Next Week
Microsoft starts expiring critical Secure Boot certificates next week — "the clock is ticking" on a billion PCs.
Wealth Adviser Shuffle Hits Los Angeles - Los Angeles Business Journal
In Los Angeles and across the country, wealth advisers are packing up their millions or billions of client assets and heading for the door. Adviser
Matt Mahan facing campaign questions, political jabs ahead of CA primary
A pro-Mahan political committee refunded $1 million to Netflix Chairman Reed Hastings, a major backer. Additionally, Mahan faced a corruption complaint related to alleged coordination with a billionaire-funded political action committee.
Universal Health Services (UHS): Cheap NYSE Stocks to Buy According to Analysts
Universal Health Services Inc. (NYSE:UHS) is one of the cheap NYSE stocks to buy according to analysts. On April 29, Universal Health Services reported solid Q1 2026 results, with net revenues increasing 9.6% year-over-year to $4.495 billion. Net income attributable to the company rose to $348.7 million, or $5.65 per diluted share, compared to $316.7 […]
Star Citizen crosses $1 billion in crowdfunding as Chris Roberts eyes version 1.0
Just one year after reaching $800 million in its unrelenting funding spree, Star Citizen has now crossed yet another significant milestone. The overly ambitious space trading and...
New billion-dollar-plus science centre breaks ground at Ontario place
The provincial government has officially broken ground on the new Ontario Science Centre, one of the key components to the revitalized Ontario Place development
Global mental health snapshot: 1.2 billion people are living with mental disorders
Adolescents aged 15 to 19 and women of all ages are the worst affected, especially by anxiety and depression
Ancient Eukaryote Fossils In Australia Add To Story Of How Complex Life Evolved Over A Billion Years Ago
“Studies like this give us an opportunity to understand these little guys as organisms […] we can picture where they were living, what they were doing and who they were.”
Cancer nearly left my kids without a mom. Funding cuts may halt the science that saved me.
The Trump administration proposes cutting $6 billion from the National Institutes of Health. Philanthropy cannot replicate the scale of government-backed research.
Employees are planning to call out sick, skip work to watch World Cup
Employees are planning to call in sick or take time off to watch the 2026 World Cup. It could cost companies billions in lost productivity.
Star Citizen Crosses $1 Billion in Crowdfunding After 14 Years, Yet Version 1.0 Still Has No Release Date
Star Citizen has topped $1 billion in crowdfunding after 14 years, but Cloud Imperium still has not announced a release date for version 1.0.
Can Exxon build the world’s biggest carbon capture business?
Oil major bets billions on technology but backlash on US Gulf Coast threatens its ambitions
Bernie Sanders warns of 'the most transformative economic revolution in the history of this country'
Sen. Bernie Sanders warned that AI and robotics controlled by billionaires could replace American workers and harm children's social development.
Uber weighs higher bid for Delivery Hero, FT reports
Uber’s board met on Saturday to discuss raising its offer for German food delivery group Delivery Hero after a major shareholder rebuffed an Uber bid that would value Delivery Hero over 11.5 billion euros ($13.39 billion), the Financial Times reported on Sunday.
14 years after being announced, Star Citizen hits $1 billion in funding.
Announced over a decade ago in 2012, and still floundering in Early Access with no release date in sight, Star Citizen keeps raising money, somehow. According to the funding page, it has now officially crossed the $1 billion mark. [Media: https://www.threads.com/@wario64/post/DYuqFGtGiQc?xmt=AQG0ina5TU2eMHAqf8D67F8GEa7iRI6CPEhaxYPeNO9jVedIr6EJBwqCtZm5OMl8tnQeYqyg]
Star Citizen Hits $1 Billion in Funding, Squadron 42 Release Update
As "Star Citizen" his $1 billion in lifetime funding, Cloud Imperium execs reveal update on "Squadron 42" release date.
Politics chat: Tulsi Gabbard steps down, lawmakers oppose proposed $1.2 billion fund
President Trump posts that negotiations with Iran are progressing. Meanwhile, there's discontent within his own party over his midterm primary endorsements and $1.8 billion "anti-weaponization" fund.
Private jet travel boom: Where and how the wealthy are flying
Private jet usage is exploding and is reshaping luxury travel trends, from $80 million aircraft to billionaires' habits.
Politics: Trump reaches controversial $1.8 Billion IRS settlement
President Donald Trump last week reached a settlement with the Internal Revenue Service to end his $10 billion lawsuit over the leak of his tax returns, which includes a $1.8
New Haven joins lawsuit vs. Trump Administration over $1.7 billion ‘political slush fund’
Nvidia’s Hidden $60 Billion Business Is About to Overtake Broadcom
For years, investors treated artificial intelligence as a GPU story. Buy the chipmakers, ride the boom, and call it a day. But AI data centers have evolved into something much bigger — sprawling digital factories that need not only computing power, but also ultra-fast networking capable of moving oceans of data with almost no delay. ... Nvidia’s Hidden $60 Billion Business Is About to Overtake Broadcom
International Business Machines (IBM) Is Up 15.8% After Announcing $2 Billion Anderon Quantum Chip Foundry Partnership
Earlier this week, IBM and the U.S. Department of Commerce announced a Letter of Intent to create Anderon, America’s first pure-play quantum chip foundry in Albany, New York, backed by US$1.00 billion in CHIPS incentives and a matching US$1.00 billion cash commitment from IBM plus intellectual property and staff. This partnership not only cements IBM’s role at the core of the U.S. quantum ecosystem but also creates a dedicated 300‑millimeter quantum wafer facility intended to supply multiple...
Unusual stars may be the leftovers of ancient galaxy gobbled up by the Milky Way
Unusual stellar remnants suggest the Milky Way might have eaten a galaxy called Loki billions of years ago, according to new research.
Bond breakout? Big effects of bad data. Immigration and thermostatic politics & dad-chat is coming for dad-books.
Thank you for opening your Chartbook email. Anna Airy, A Shell Forge at a National Projectile Factory, Hackney Marshes, London, 1918 Bond breakout - John Authers Across the developed markets, bond markets are staging a slow-motion car wreck. Looking at the drastic moves in the US, Japan, the UK and France, Barclays’ Ajay Rajadhyaksha commented: “Last week, long bonds broke. Not in one country. In all of them. Simultaneously. Four countries. Four different political systems. Four different central banks. But the same trade — “get me out of duration!”” Each country has its own contributing political problems, but the uniformity of the shift out of long-term bonds with high duration makes clear that something broader is afoot. For Rajadhyaksha, it is “simple and uncomfortable.” The developed world “has too much debt, too little fiscal discipline, and no political appetite for fixing either.” If there’s a trigger, it has been the Iran war and the resulting shock to oil supply. Source: Bloomberg G7 countries are now borrowing at rates that were enjoyed by EM in the early 2020s For contributing subscribers only. Subscribe Trade between China and Russia has grown in recent years For contributing subscribers only. Subscribe Big effects of bad data A decade ago nearly nine in ten Americans, when approached, agreed to fill out the Current Population Survey, which is administered to about 60,000 households each month and asks about, among other things, employment. Fewer than seven in ten do so now (see chart 1). For the Consumer Expenditure Survey, which tries to capture 3,700 households monthly, the response rate is down from 68% to 40%. … When the information becomes less reliable, investment decisions get more difficult to make. Some may be delayed, creating a potential drag on the economy. A new working paper by Nicholas Bloom of Stanford University, Erica Groshen, former head of the Bureau of Labour Statistics (BLS) now at Cornell University, and Duncan Hobbs and Michael Strain of the American Enterprise Institute, a think-tank, hazards an estimate. Preserving trust in “the integrity and quality of official statistics”, the authors claim, generates economic benefits of about $25 for every $1 spent on the BLS, the agency with an annual budget of $700m that is responsible for many of these data. To arrive at their conclusion the quartet analysed an ignoble episode in the BLS’s recent history. On August 1st 2025 Donald Trump sacked Erika McEntarfer, appointed as the agency’s commissioner by his predecessor, Joe Biden. The president alleged, without evidence, that the BLS’s steep downward revision to recent jobs numbers had been “RIGGED in order to make the Republicans, and ME, look bad”. In fact, it was the wanton dismissal that looked bad in the eyes of many observers. In the following seven days there was a 50% leap, relative to the week before, in the average value of the index of Economic Policy Uncertainty (EPU), which tracks the number of articles mentioning such uncertainty that are published daily in American newspapers. This was a discernible jump even when compared to the chaos caused by Mr Trump’s trade war in April 2025 and his real one in Iran in the past two months (see chart 2). Based on Mr Bloom’s earlier study with other colleagues of the EPU’s impact on business investment, industrial production and employment, the authors estimate that the jump reduced American GDP by over $100bn (0.3%) and non-farm payrolls by 168,000 (0.1%). Source: The Economist Immigration and thermostatic politics (Sarah O’Connor in the FT) A strange thing happened a year and a half ago. No sooner had Americans elected Donald Trump as president on an explicitly anti-immigration platform than US public opinion began to swing much more favourably towards immigration. … to political scientists who study “thermostatic” politics, this development is no surprise at all. Public opinion often moves against the prevailing party, especially if they are perceived to have gone “too far” in one direction. The phenomenon was first explored in the 1990s with reference to fiscal policy, but in recent years it has been particularly evident in the realm of immigration policy. While these swings in opinion polls can make it seem as if people don’t know their own minds, they can be a useful democratic check on governments by sending bright flashing warning lights when policies stray too far from the public’s comfort zone. The problem comes when politicians misinterpret those signals. When people tell pollsters they want less immigration, or think it is bad for the country overall (or the converse), they are often expressing an opinion about how things appear to be going in that moment relative to their preferences, rather than a deep shift in their underlying views. According to Alexander Kustov, a political scientist, most Americans’ views are quite stable and moderate: they support immigration that is controlled and in the national interest, and oppose flows that are disorderly or under-enforced. In the US, he argues the Trump administration over-interpreted dissatisfaction with high immigration under Joe Biden, and implemented policies that went too far for many voters. “People don’t necessarily change their idea about their ideal immigration policy, but they can react to what the government is currently doing,” he told me. “A lot of people are not happy with what the Trump administration are doing — right now we’re not talking about border enforcement, we’re talking about people not just getting harassed, but killed.” But similarly, he added, pro-immigration advocates would be making a mistake to interpret the recent, more favourable swing towards immigration as a deep-seated ideological shift in attitudes. The recent history of UK immigration policy offers another cautionary tale. After the 2016 Brexit referendum, public concern about immigration fell. This was partly because net migration statistics declined, but also because people felt a sense of catharsis and control, says Sunder Katwala, director of British Future, a think-tank. By 2019, the public ranked immigration as only the ninth biggest issue of concern, according to Ipsos polling. But when the Conservative government liberalised visa routes for students and care workers between 2019 and 2022, that helped net migration to surge. And so, too, did public concern. Today’s Labour government has implemented another sharply restrictive turn in immigration policy. As Kustov and researcher Caitlyn Yates argue, thermostatic public opinion should be a useful check on politicians. Instead it seems to have helped to magnify the pendulum swing in the UK. The government over-interprets and overreacts to a change in public opinion, which reacts in turn, prompting a sudden swing the other way. Source: Financial Times HEY READERS, THANK YOU for opening the Chartbook email. I hope it brightens your day. I enjoy putting out the newsletter, but tbh, what keeps this flow going is the generosity of those readers who clicked the subscription button. If you are persuaded to click, please consider the annual subscription of $50. It is both better value for you and a much better deal for me, as it involves only one credit card charge. Why feed the payments companies if we don’t have to. Subscribe Anna Airy, Shop for Machining 15-Inch Shells: Singer Manufacturing Company, Clydebank, Glasgow, 1918 Racing for a vaccine … we have been here before! The deadly Ebola outbreak in two African countries driven by a virus species with no vaccine has triggered an urgent search for a potential jab, in a test of troubled global efforts to avert threats posed by emerging diseases. A World Health Organization advisory group is due to would meet on Tuesday to recommend candidate jabs to prioritise for clinical trials, the global health body said. It will assess data including an analysis by the Coalition for Epidemic Preparedness Innovations (Cepi), which was set up after failures in the international response to a previous Ebola crisis. The latest Ebola outbreak in Democratic Republic of Congo and Uganda has infected hundreds of people and killed more than 80, health authorities say. Cepi’s reaction will be a crucial indicator of its progress towards its wider goal of producing vaccines for pandemic threats in just 100 days, despite steep cuts to international health funding. “If there was ever a time that we could show the world why Cepi is needed and show the world why the 100-day mission is needed, it’s now,” Nicole Lurie, the organisation’s executive director for preparedness and response, told the FT. “We’re happy to accept that responsibility, but obviously we need help from partners — particularly financial help in the long run.” DR Congo and Uganda would make the final decision on whether to press ahead with any vaccine candidates endorsed for clinical trials by the WHO experts, the global health body said. “Other ethical and community acceptability issues will be considered,” said the WHO, which declared the latest outbreak a public health emergency of international concern on Sunday. “This will be important to make sure that the trial, if it happens, will be adequately communicated to the population.” Lurie said Cepi had provided information from a survey of research teams and companies working on drugs that might be effective against the Bundibugyo virus behind the outbreak. The organisation hoped soon to announce partners in the quest for a jab, she added, although she declined to give a timescale for when one might be developed. Cepi’s Nicole Laurie said global health bodies were ‘getting some live-fire drills’ with hantavirus and the latest Ebola outbreak. The hunt for a vaccine should be helped by scientific advances including the use of artificial intelligence to find drugs active against viruses, Lurie said. Existing jabs against the Zaire Ebola virus responsible for many previous outbreaks might provide a basis for tackling the Bundibugyo species, she added. “We’ll see how far and how fast we can get,” Lurie said, adding that Cepi had done preliminary work recently on a possible jab for the rat-borne hantavirus responsible for a recent fatal outbreak on a cruise ship. “Both with hantavirus and now with Ebola, [we] are getting some live-fire drills.” Source: Michael Peel in the Financial Times Dad-chat is coming for dad-books. (By Pamela Paul and Jeffrey A. Trachtenberg in the WSJ) They were the go-to gifts for Father’s Day: a book about some little-known chapter of World War II, the sweeping narrative of a shipwreck, perhaps the latest presidential biography. These days, dad books are a dying breed. Nonfiction book sales have been in decline for the past four years, and are now the most challenged segment of the print book market. Publishers say certain types of books still fare well—including celebrity memoirs and religious titles. But in recent years, print sales in such categories as biography, current affairs and business and economics—what publishers refer to as “serious nonfiction” and which tend to resonate especially with men—have fallen considerably. Sales of nonfiction print titles were down nearly 8% through May 9 this year, and sales of books about politics and current affairs were down 19%, according to book tracker Circana BookScan. Publishing has long been subject to cyclical changes, with trends in format and genre taking over bookshelves in grand sweeps. (Remember the adult coloring-book craze? Or the stratospheric rise of romantasy?) But many in publishing believe the decline in serious nonfiction is more existential. “The trend couldn’t be clearer,” said Jonathan Karp, the former chief executive of Simon & Schuster and publisher of the new Simon Six imprint. “This is a sea change and people should wake up and realize we’re living in a new world.” One culprit for the shift: a new media diet for fans of more serious nonfiction. … Sixty-two percent of men and 54% of women consumed a podcast in the prior month, according to a recent survey by Edison Research at SSRS, up from 46% and 39%, respectively, in 2023. “When we have internal meetings to talk about this problem, it always comes around to podcasts,” said Jonathan Burnham, president and publisher of the Harper Group at HarperCollins Publishers. “The man who wants to read American history is now tuning into one of the many good podcasts about history that lends the quiet attention to a serious subject he’s looking for. It makes the idea of sitting down with a 700-page Ron Chernow book less appealing. You’ve scratched that itch.” Source: Wall Street Journal Remarkable report by Novara from the nationalist rally in London in mid May. Anna Airy, Leopard Moth and Plums, 1915 If you’ve scrolled this far, you know you want to click: Subscribe
Poppi's cofounders on building $2 billion business, navigating wealth
Allison and Stephen Ellsworth took big risks and made sacrifices to build Poppi. They're determined not to let their wealth spoil their children.
‘Senators are not happy’: How Trump pushed the GOP to the breaking point this week
President Donald Trump’s relationship with Senate Republicans has hit a new low after a revolt over his $1.8 billion “anti-weaponization” fund surfaced deep divisions over the direction of the party and its priorities.
Lawsuit Argues Trump’s $1.8 Billion Fund Excludes Those He Targeted
The constellation of individuals and groups involved claims to have suffered partisan attacks by the federal government under Trump, yet would not be compensated.
The D.N.C. Chairman, Trump’s $1.8 Billion Fund and More Politics News
He has focused on internal politics, building a loyal base despite tactical disputes.
Sutter Health to build tallest tower in Emeryville with updated hospital plan
Sutter Health is putting more muscle behind its planned Emeryville hospital campus, unveiling a bigger and taller vision for the $1 billion project that could permanently alter both the city’s skyline and Sutter Health’s role in the East Bay health care economy. The Sacramento-based health system released updated plans for its Emeryville Medical Center, outlining a 17-story, 780,000-square-foot hospital at Horton and 53rd Streets in Emeryville, the San Francisco Business Times reported. The project would include 325 beds at full buildout, up from the 200 initially proposed, and would become Emeryville’s tallest building if completed as designed, surpassing the 310-foot […]
Trump’s ‘Anti-Weaponization Fund’ hit with another legal challenge
The Trump administration’s newly created nearly $1.8 billion fund for allies of President Donald Trump who say they were wrongly targeted by the government was hit with a second lawsuit on Friday, adding to the growing legal and political backlash facing the White House.
Ex-Proud Boys leader Enrique Tarrio tells PBS News he believes he's owed tens of millions from DOJ fund
The former leader of the extremist, far-right group that played a major role in the Jan. 6 insurrection says he’s “excited” about the announcement of a $1.776 billion fund for people who believe they are victims of the justice system.
Opinion | Court Cases About Money and Speech in Politics
Readers discuss court cases about campaign finance. Also: Computer science and the humanities.
‘Public outrage at billionaire tax dodging is understandable’
Opinion, comment and editorials of the day
Pushed to the limit, Republicans show rare defiance to Trump's demands
President Donald Trump’s political revenge tour met its potential match this week as angry, upset Republican senators, pushed to a breaking point by his seemingly insatiable and outlandish demands — particularly a $1.776 billion fund for Jan. 6 rioters and others he believes were wrongly prosecuted — did the unthinkable.
Abu Dhabi is ‘doubling down’ on tourism despite Iran war
The emirate has announced a $1.7-billion investment in the Sphere entertainment venue.
Novartis says Avidity's science could apply beyond muscular dystrophies
Novartis eyes Alzheimer's and Parkinson's as it looks to expand the AOC platform acquired in its $12 billion Avidity Biosciences buyout.
Pushed to the Limit, Republicans Show Rare Defiance to Trump's Demands
WASHINGTON (AP) — The day arrived when the Senate just said, No. President Donald Trump’s political revenge tour met its potential match this week as angry, upset Republican senators, pushed to a breaking point by his seemingly insatiable and outlandish demands — particularly a $1.776 billion fund
Hubble Captures Galaxy Cluster
Hubble captured this scene of galaxy cluster MACS J1141.6-1905 in visible and infrared light. The cluster is around four billion light-years away.
'We'll never know if he could have been saved.' The gaps in Trump's rural health fund
Republicans promise that $50 billion in new health funding will help rural America. But it's not expected to aid the years-long effort in North Carolina's Martin County to reopen its only hospital.
InPost says FedEx-led $9 billion buyout offer to run from May 26 to July 27
Polish parcel locker company Inpost said on Friday that the €7.8 billion ($9 billion) buyout offer from a consortium made up of FedEx , Advent International and other InPost investors would run from May 26 to July 27.
In a Rarity, Republicans Stand Up to Trump
President Trump faced a wall of opposition from Senate G.O.P. lawmakers, in part over his plan to create a $1.8 billion fund to reward his allies.
GOP immigration enforcement bill stalls amid backlash to $1.8 billion 'anti-weaponization' fund
Senate Republicans abruptly left Washington on Thursday without voting on a roughly $70 billion bill to fund immigration enforcement agencies, frustrated with the White House and at an impasse over whether to try to block a new $1.776 billion settlement fund to compensate Trump allies who believe they have been politically prosecuted.
Nearly 1.2 billion people worldwide are living with mental disorders. The number has been growing
Nearly 1.2 billion people had a mental disorder in 2023, a new study has found — reflecting a 95.5% increase since 1990.
U.S. Invests $2 Billion and Takes Stake in Quantum Firms
The Trump administration said it had signed preliminary deals for equity stakes in nine quantum computing companies.
GOP senators balk at Trump's $1.8-billion 'anti-weaponization' fund, force delay in key vote
The discord marked a potential turning point for Congress, which has been largely sidelined under the second Trump administration on the war in Iran and other issues.
Antonio Gracias’ Valor stands to pocket billions from SpaceX IPO
Antonio Gracias, the founder of Chicago-based Valor Equity Partners and a longtime Elon Musk ally, controls a 4% economic stake in SpaceX.
Oakland: Health Workers, Activists Protest H.R. 1 Funding Cuts, Call For Billionaire Tax
Around 80 people participated in a symbolic "die-in" in East Oakland on Thursday to protest federal funding cuts to healthcare.
As losses from scams surge, Congress asks telecoms to do more to prevent them
A powerful congressional committee is urging major telecommunications companies to do more to protect Americans against scams, part of a widening investigation into the role that U.S. companies play in the surge in cyberscams that cost Americans an estimated $200 billion in 2024.
Stellantis unveils $70B turnaround strategy with 60 new models
Stellantis announces a $70 billion turnaround strategy focusing on core brands, external partnerships and more efficient factory capacity use.
A look at the SpaceX IPO by the numbers
Elon Musk is all about big numbers — billions, trillions – and you can find them sprinkled throughout an extraordinary document he just filed to take his rocket maker public.
WATCH: Trump says White House 'won't be a very secure place' without $1 billion security proposal
Read the DOJ’s memo to Republican senators on how Trump’s $1.8 billion 'anti-weaponization' fund will work
PBS News obtained the one-page summary given to Republican senators Thursday on the $1.776 billion billion fund.
Kontoor Brands reaches agreement to sell Lee business in up to $1 billion deal
Kontoor Brands announced it has reached a definitive agreement to sell its Lee business.
Republicans expected to abandon $1B security proposal for White House and Trump's ballroom
WASHINGTON (AP) — Senate Republican leaders on Thursday are expected to abandon a proposal for $1 billion in security money for the White House complex and President Donald Trump’s ballroom amid backlash from members of their own party. Pressured by the White House, Republicans tried to add the money to a roughly $70 billion bill to restore funding to U.S. Immigration and Customs Enforcement and the Border Patrol. But the security proposal met with opposition
Republicans recoil as Trump's billion-dollar DOJ 'slush fund' for allies threatens ICE, Border Patrol plan
Senate Republicans break with Trump over his $1.8 billion anti-weaponization fund, raising concerns about who gets the money and where it comes from.
SpaceX Sees a Huge Market for Its Business. Most of It Isn’t Space-Related.
SpaceX said in its IPO filing yesterday that it estimates a “TAM,” or total addressable market—a business term for potential revenue opportunities—of $28.5 trillion. The figure includes: $370 billion in Space from space-enabled solutions and $1.6 trillion in Connectivity, including Starlink Bro
Republicans expected to abandon $1B security plan for White House and ballroom
Republicans have tried to add the money to a roughly $70 billion bill to restore funding to U.S. Immigration and Customs Enforcement and the Border Patrol
Stellantis to launch $70 billion business plan to 2030 with 60 new model offensive
Stellantis set out a new 60 billion euro ($70 billion) business plan on Thursday that includes 60 new car models by 2030 - from combustion engine to fully electric vehicles - new investments in technology, joint ventures with other carmakers and better use of its manufacturing capacity.
Stellantis launches $70 billion business plan to 2030 including 60 new models
AUBURN HILLS, Michigan, May 21 () - Stellantis set out a new 60 billion euro ($70 billion) business plan on Thursday that includes 60 new car models by 2030 - from combustion engine to fully electric vehicles - new investments in technology, joint ventures with other carmakers and better use of its manufacturing capacity. The Franco-Italian carmaker said it would also refocus its sprawling 14-brand portfolio, with 70% of brand and product investments going to Jeep, Ram, Peugeot and Fiat, a
Bonus 228: The $1.776B Political Question
Every so often a story comes along that is so brazen, so cleanly emblematic of the moment we are living through, that staying quiet about it feels like a kind of complicity unto itself. Monday’s announcement by the Department of Justice that the Acting Attorney General has unilaterally created a $1.776 billion “Anti-Weaponization Fund” to compensate so-called “victims of lawfare” is one of those stories. And the reason I want to write about it here, in a newsletter ostensibly devoted to the Supreme Court and the law and politics surrounding it, is that I’m increasingly worried that we’re asking the wrong institution to save us from one of the most offensive, alarming, and anti-constitutional things we’ve seen from any president in American history. As I explain below the fold, the Anti-Weaponization Fund is not principally a legal problem awaiting a judicial fix. It is a shockingly egregious political abuse—the President suing his own government, purporting to settle with himself, and routing nearly $2 billion from the Treasury to his own supporters as a not-so-subtle (and not-so-formal) reward, if not an incentive, for political violence. And the Constitution’s answer to political abuses of this kind and magnitude is a political remedy, not a legal one. In his majority opinion in NFIB v. Sebelius (the Affordable Care Act case from 2012), Chief Justice Roberts defended the Court’s endorsement of Congress’s power to adopt the individual mandate by noting that it is “not our job to protect the people from the consequences of their political choices.” As much of a judicial supremacist as I am, that sentiment is, for better or worse, an entirely correct (and, in the long term, normatively desirable) institutional assessment. One can believe in substantial judicial power without believing that literally every political dispute in our country can and should be resolved by unelected judges. The real upshot of this latest headline (among so, so many other similar headlines) is that it is past time to reinvigorate impeachment—not because conviction is realistic in this Senate, or even because impeachment itself is feasible in this House, but because forcing every member of Congress to vote on the record whether this brazen, corrosive, and affirmatively dangerous corruption is impeachable is itself a point worth fighting for (and fighting with our friends over). Assuming the courts will save us absolves our political leaders of both responsibility and accountability for allowing this kind of mischief to continue, and it absolves all of us of our responsibility to refuse to tolerate those who would just as quickly shrug their shoulders and move on. For those who aren’t paid subscribers, we’ll be back (no later than) Monday with our continuing coverage of the Supreme Court. For those who are, please read on.
New study shows drinking water filtration systems may add months to lifespan
As more than two billion people worldwide still lack access to safely managed drinking water, new research from the La Follette School of Public Affairs at UW–Madison investigates the effects of early-life ...
Inside the Broligarchy: Is Big Tech running politics?
Citing US President Donald Trump's alliances with tech billionaires and the pressure on US media outlets, investigative journalist Carole Cadwalladr tells DW we are accelerating towards "a techno‑fascist future.”
Musk’s SpaceX discloses massive losses ahead of expected record-breaking IPO
The company, whose initial public offering is expected to attract record investment, had nearly $18.7 billion in revenue in 2025 but overall lost $4.9 billion.
Why legal experts say Trump's new 'anti-weaponization' fund is unprecedented
President Donald Trump’s administration has created a nearly $1.8 billion fund to pay people who say they were victims of government “weaponization,” raising questions about whom among his allies and supporters – including those who rioted at the Capitol on Jan. 6 – might get payouts from taxpayers, as well as what kind of influence Trump will wield over the fund.
Anthropic is paying SpaceX $1.25 billion a month for AI compute
SpaceX and Anthropic have a major compute power deal valued at $1.25 billion a month, utilizing SpaceX's Colossus data centers for AI growth.
The billion-dollar bite: Lyme vaccines hit the market
The following companies are leading this vector-borne boon, each tackling the problem from a different technological angle:
One GOP congressman is vowing to end Trump’s $1.8 billion compensation fund for allies
One Republican congressman says he is exploring ways to end the Trump Justice Department’s move to establish a tax-payer fueled “anti-weaponization” fund, a move likely to draw the ire of President Donald Trump.
ATG Entertainment Reportedly Being Prepared For Sale
Providence Equity Partners is exploring a sale of ATG Entertainment, the operator behind major West End and Broadway venues, in a deal that could value the company above £4 billion.
This Moon of Neptune Might Have Survived a Wrecking-Ball Event
Neptune’s moons have long provided evidence of a cataclysm four billion years ago. A new study suggests one moon may have made it through.
Mars shines in ethereal photo from Psyche space probe
NASA's asteroid explorer is on a 2-billion-mile mission.
Scientists bring crop protection research to local science classes
As the world’s population continues to grow, farmers across the globe are working hard to feed more than 8 billion humans. Agriculture at that scale requires interventions, including herbicides and pesticides to keep crops healthy and free from disease and insect infestations. Chemical herbicides and pesticides were, and are, a common solution...
Target notches much-needed win in first quarter of turnaround strategy
Target's first quarter crushed expectations, netting $25.4 billion in sales, as shoppers flocked to the retailer's renewed mix of trend and value.
California business owners ‘working for peanuts’ as costs, record gas prices and regulations devour profits
California "sticker shock" is mounting for the state's small business owners, but one restaurateur and their multi-billion-dollar lender explain why they're not walking away — yet.
Wellgistics Health and Datavault AI to Form DelivMeds AI via PharmacyChain™ License Expansion and Acquisitions of QOLPOM Biometric Health Data and Drone Logistics IP and Majority of Tollo Health
Formation of DelivMeds AI, Inc. (ticker reserved: NASDAQ:MEDS), with an expected approximate combined asset value of $4 billion, is subject to…...
Senators think they hold the key to a college athletics bill demanded by Trump
The Senate’s key negotiators are talking daily on how to clinch a deal to help regulate a beleaguered, multibillion-dollar industry.
Republican Primary for Georgia Governor Will Go to a Runoff
The state’s lieutenant governor, Burt Jones, will face a billionaire health care executive, Rick Jackson, on June 16 to decide the party’s standard-bearer to succeed Gov. Brian Kemp.
Three men headed to prison for $2B healthcare fraud – but kingpin is in the wind
Three men are headed to prison for their roles in an elaborate international scheme to con health insurers by sending $2 billion of phony telemedicine prescriptions – but the plot's alleged kingpin...
Wyoming’s plan for $205M in Rural Health Transformation funds approved
The plan doesn’t include a perpetuity fund. It was meant to stretch out more than a billion federal dollars for decades to come. Instead, Wyoming will spend the funds this year on sustaining basic care.
Can you trust that post about Tom Steyer? How paid influencers are flooding into the governor's race
Billionaire Tom Steyer is paying influencers to boost his California governor campaign. State law requires they disclose it, but offers little accountability
Seminole County approved indoor sports complex expected to generate $2.4B
Seminole County commissioners have approved plans for a new indoor sports complex that officials say could generate an estimated $2.4 billion in economic impact over the next 30 years.
YouTube Worldwide Users Can Use AI To Insert Themselves Into Videos
The Google-owned video platform also now has more three billion users, the company revealed Tuesday.
Blanche defends nearly $1.8 billion 'anti-weaponization' fund
The acting attorney general told lawmakers there will be quarterly reports with information about payout recipients
‘Many billionaires are not happy people’: Michelle Obama talks politics and going ‘a little low’ in first Australian event
Former first lady delivered veiled but sharp remarks on US politics during speaking tour that began in Melbourne
How a power megamerger could lower bills — and still rile affordability politics
Virginia could be a major bump in the road for NextEra's proposed $67 billion merger with Dominion Energy.
The $600 Billion Wake-up Call: New Splunk Research Reveals Downtime is a Systemic Business Crisis
Downtime has become a systemic business crisis that threatens revenue, brand equity and shareholder value.
Science Start-Up Colossal Is Creating an Artificial Womb
Science start-up Colossal is on a mission to make animals “productionized” — getting rid of the need for eggs or wombs. And it’s already worth billions