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Johnson & Johnson CEO: America’s innovation advantage starts with health
From AI-accelerated drug discovery to a $55 billion domestic manufacturing push, the U.S. health innovation engine is just getting started.
How private equity is chasing the $900 billion data center opportunity
Private markets giants are more bullish than ever on their data center bets. After all, with a $900 billion opportunity, there's room for everyone.
Colorado governor signs $47 billion budget in which ‘nobody won’
Gov. Jared Polis on Friday officially signed a $46.87 billion spending plan for the Colorado state government in the next fiscal year. His signature is the culmination of months of work by legislators, who resorted to cuts, transfers and other mechanisms to balance the 2026-27 budget amid a deficit of more than $1 billion. That […]
Sports deals are becoming AI protection
Sports is no longer just a diversion for billionaires and private equity.
Sony forecasts lower gaming business sales amid memory price surge
By Sam Nussey TOKYO, May 8 (Reuters) - Sony forecast on Friday annual sales at its gaming business would fall 6% to 4.42 trillion yen ($28 billion) due to lower hardware sales as its PlayStation 5 ages and as the industry grapples with a surge in memory chip prices. The Japanese company, however, said it expects gaming profit to rise 30% due to higher first-party software sales and the absence
Sony forecasts lower gaming business sales amid memory price surge
STORY: Sony forecast lower sales in its gaming business due to a memory chip price surge.The tech giant said Friday annual sales in the segment would fall 6% to $28 billion.It also blamed lower hardware sales as its PlayStation 5 ages.Although the Japanese company said it expects gaming profit to rise 30%.That's due to higher first-party software sales and no repeat of the impairment loss it recorded a year earlier.Sony has been praised by analysts in recent years for its transformation into an entertainment powerhouse.But markets have grown concerned about the impact of AI on its business, while Sony also faces a perceived lack of growth catalysts.Both factors have weighed on shares in recent months.Investors are also concerned about the impact of a memory-chip price surge.As well as disruption to supply chains from the Iran war on margins at electronics manufacturers.The firm said it sold 1.5 million PS5 consoles in the fourth quarter, which was a 46% drop on the same period a year earlier.Looking ahead, the PS5 is expected to receive a major boost from the launch of the delayed "Grand Theft Auto VI."The game is due to release in November.Sony said in February it had secured the minimum quantity of memory needed to manage the year-end shopping season. Sony also said it sees higher profits at its pictures and chips units but a lower profit at its music business.The group reported operating profit for the year ended March rose 13.4% to $9.2 billion - below analyst forecasts. Meanwhile, rival Nintendo said it expects to sell 16.5 million units of its Switch 2 console in the financial year ending March 2027.It also projects profit to rise 2.7% to $2.36 billion.But, like with Sony, investors are concerned about the possible impact of a memory price surge on margins.
Taiwan Breaks Political Deadlock to Approve $25 Billion U.S. Arms Purchase
With time running out, Taiwanese lawmakers approved funds for buying U.S. weapons, fearing they could lose support if they didn’t act now.
‘Infinity Castle’ and ‘GOAT’ Buoy Sony Pictures Entertainment’s Total Sales Numbers for the Fiscal Year
Animated titles including "Demon Slayer: Kimetsu No Yaibe The Movie, GOAT and Chainsaw Man— The Movie: Reze Arc helped Sony Pictures Entertainment bring in $9.917 billion for the fiscal year ending March 2026.
SoftBank cuts target for OpenAI margin loan by 40% to $6 billion, Bloomberg News reports
SoftBank Group has downsized plans for a $10 billion margin loan backed by its OpenAI stake after hesitation from some creditors, Bloomberg News reported on Friday, citing people familiar with the matter said.
Flutter Entertainment (FLUT) Swings To Q1 Profit Testing Bulls’ Margin Expansion Narrative
Flutter Entertainment (NYSE:FLUT) opened 2026 with Q1 revenue of $4.3 billion and basic EPS of $1.24, while trailing 12 month revenue sat at $17.0 billion against a basic EPS of $2.12 loss, so the latest quarter lands against a still loss making year in aggregate. Over the past year, the company has seen revenue move from $14.3 billion on a trailing 12 month basis in Q1 2025 to $17.0 billion in Q1 2026, with quarterly EPS swinging between a $3.92 loss in Q3 2025 and $1.24 in the most recent...
Sony Pictures Entertainment Revenue Flat for Fiscal Year 2025 at $9.9 Billion, Profit Takes Hit From Shutdown of Pixomondo VFX Division
Sony Pictures Entertainment revenue came in roughly flat for fiscal year 2025, as higher sales at its Crunchyroll anime streamer and the success of global blockbuster film “Demon Slayer: Kimetsu no Yaiba Infinity Castle” were offset by overall lower revenue from theatrical releases. For the year ended March 31, 2026, Sony Pictures Entertainment had sales …
Sony forecasts 11% rise in annual profit but lower sales
Sony forecast on Friday its operating profit for the year ending March 2027 would rise 11% to 1.6 trillion yen ($10.20 billion), with higher profit but lower sales at its main gaming business.
Hochul says second home tax is part of budget deal, but details still scarce
Mayor Mamdani is optimistic the final state budget will help close the city’s $5.4 billion budget gap.
A simple dietary change could lower your blood pressure risk by 30%, study suggests | BBC Science Focus Magazine
An estimated 1.4 billion adults worldwide have high blood pressure, putting them at risk of heart attacks and strokes.
Norman’s billion-dollar entertainment district to break ground next week
The Rock Creek Entertainment District in Norman, featuring dining, retail and a state-of-the-art sports facility, will officially break ground next Tuesday.
How could downtown Baton Rouge change in this $1.7B plan? Youth sports complex, housing, more.
If all recommendations of the plan are brought to fruition, it would represent more than $1.7 billion in investment, bringing in a combined $37 million in sales and property tax revenue and creating about 5,500 jobs.
Apple Faces £3 Billion UK Trial Over iCloud Lock-In Claims
Apple was not able to narrow the scope of a UK lawsuit accusing it of locking 40 million UK consumers into iCloud, to the detriment of third-party cloud storage providers. British consumer group Which? first filed the lawsuit in late 2024, and is asking for £3 billion for UK Apple customers. Apple wanted to exclude non-paying iCloud users from the lawsuit, but the tribunal denied Apple's request in a 2 to 1 majority.
Delaware Health Care Spending Grows to $11.3 Billion, Significantly Exceeding Target - State of Delaware News
Per capita health care spending in Delaware increased to $11.3 billion dollars in calendar year 2024, an increase of about 8.7% compared to 2023.
See life inside the inside Miami neighborhood attracting billionaires
Coconut Grove is the trendiest neighborhood in Miami for billionaires moving to the city. See its evolution from hippie enclave to a wealth magnet.
New OU basketball arena in Rock Creek Entertainment District to break ground
The new home for OU basketball will finally break ground soon. It was announced on Thursday that the Rainier Company, which was hired to build a new Rock Creek Entertainment district, will officially break ground on May 12. OU and the city announced in 2024 their intentions of building a $1.2 billion entertainment district in Rock Creek that would ...
Surprising Signs of an Atmosphere Around a Tiny World, Billions of Miles Away
A gradual dimming and brightening when a star passed behind it suggested the mini-Pluto was wrapped in a thin layer of air.
Kalshi, the Prediction Market, Raises $1 Billion at a $22 Billion Valuation
The platform for betting on sports, politics, the weather and more has raised $1 billion and sees big financial firms as a key source of growth.
Small Business Optimism Is at Record Highs, So Why Are Millions of Entrepreneurs Still Getting Denied Funding?
CredFin, Inc. Identifies the Hidden Credit Profile Problems Blocking American Business Owners from a potential $44.8 Billion in Available SBA CapitalMIAMI, May 07, 2026 (GLOBE NEWSWIRE) -- The U.S. Small Business Administration guaranteed a record $44.8 billion in small business loans in fiscal year 2025, approving an average of 1,600 loans per week worth more than $860 million. That capital is available through a broad network of SBA-approved lenders operating independently across the country.
The Trump administration is trying to divert $2 billion in global health funding to pay for USAID shutdown
The Trump administration plans to redirect $2 billion in funding intended for global health programs to cover the cost of closing the US Agency for International Development (USAID), according to a copy of the notification obtained by CNN.
Senate GOP fears $1B for White House ballroom represents political landmine
A Republican proposal to spend $1 billion in taxpayer money on security for the White House ballroom has become a political landmine in the Senate debate over funding Immigration and Customs Enforc…
UniCredit to Take Cumulative €3 Billion Hit on Russia Sale
UniCredit SpA has signed a non-binding accord to sell parts of its business in Russia to a private investor in the United Arab Emirates, as the Italian lender accelerates efforts to scale back its presence in the country.
Republicans want to add $1 billion for Trump's ballroom security to ICE funding plan
Republicans in Congress are proposing $1 billion in funding for security for President Trump's White House ballroom as part of their partisan plan to fund Immigration and Customs Enforcement.
Scientists created one of the largest simulations of our universe ever — about the size of 500,000 HD movies
These giant "virtual universe" simulations help scientists trace cosmic evolution across billions of years.
Ken Griffin vows to 'double down' on Miami move, says NYC 'doesn't welcome success'
Billionaire Ken Griffin reaffirmed Citadel's move to Miami at the Milken Conference, citing his feud with NYC Mayor Zohran Mamdani over tax policy changes.
GTA 6 Estimated to Have Cost Take-Two $1 Billion to $1.5 Billion So Far, CEO Strauss Zelnick Says 'It Was Expensive'
GTA 6 may well be the most expensive video game ever made, with parent company Take-Two estimated to have spent $1 billion to $1.5 billion so far.
SM Entertainment’s revenue surges 21% YoY in Q1 to $192M on strong concert, merch sales
SM’s revenue from concerts surged 56% YoY to KRW 60.8 billion ($42m), driven by tours from SUPER JUNIOR, NCT DREAM, aespa, RIIE and NCT WISH.
Tennesseans bet billions on sports last year. See how much
Tennessee residents wagered more money than the GDP of three dozen countries last year.
A Look Inside the Case That Enshrined Political Power for Billionaires
After Watergate, Congress tried to curtail the role of money in politics. But a pivotal Supreme Court case nipped it in the bud. Years later, new details are emerging on how wealthy Americans were conferred with a “right to spend” on elections.
Disney Entertainment revenues up 10% in Q2
The Walt Disney Company has reported that its Q2 2026 revenues increased 7 per cent YoY to $25.2 billion (€21.4bn) in its first published results under new CE
Canada Antitrust Watchdog Seeks to Block Keyera Deal for Plains’ Canada Gas Business
The Competition Bureau said the planned $3.7 billion transaction would reduce competition at a crucial natural-gas liquids-processing hub in Fort Saskatchewan, Alberta.
AMC Entertainment (NYSE:AMC) Surprises With Strong Q1 CY2026
Theater company AMC Entertainment (NYSE:AMC) beat Wall Street’s revenue expectations in Q1 CY2026, with sales up 21.2% year on year to $1.05 billion. Its non-GAAP loss of $0.36 per share was 6.9% below analysts’ consensus estimates.
AMC Entertainment (NYSE:AMC) Surprises With Strong Q1 CY2026
Theater company AMC Entertainment (NYSE:AMC) beat Wall Street’s revenue expectations in Q1 CY2026, with sales up 21.2% year on year to $1.05 billion. Its non...
AMC Entertainment Q1 Revenue Jumps 20% Amid Box Office Recovery
The biggest theater group in the U.S. and globally, AMC Entertainment, said strong domestic performance and “vastly improved” international results across its European footprint boosted first quarter revenue, which topped $1 billion from $862.5 million the year before. Adjusted EBITDA (earnings before interest, taxes, depreciated and amortization) was a positive $38.3 million compared to negative …
LIVE NATION ENTERTAINMENT REPORTS FIRST QUARTER 2026 RESULTS
“2026 is off to a powerful start, with first quarter revenue climbing 12% to $3.8 billion. In an increasingly digital and AI-driven world, the global desire for authentic human connection has never been stronger. We are seeing a fundamental shift as fans prioritize the 'live' experience—the chance to be physically present…
LIVE NATION ENTERTAINMENT REPORTS FIRST QUARTER 2026 RESULTS
/PRNewswire/ -- "2026 is off to a powerful start, with first quarter revenue climbing 12% to $3.8 billion. In an increasingly digital and AI-driven world, the...
White House says Trump's deals with pharmaceutical companies offer billions in savings
WASHINGTON (AP) — White House economists estimate that President Donald Trump’s deals with pharmaceutical companies to drop some of their U.S. prescription drug prices to what they charge in other countries could save $529 billion over the next 10 years. The analysis obtained by The Associated Press includes the first economy-wide projections behind a policy at the core of Trump’s pitch to voters going into November’s midterm elections for control of the House and Senate.
G.O.P. Proposes $1 Billion in Immigration Bill for Trump’s Ballroom Project
The money would go toward security improvements as part of an East Wing construction project, including a new ballroom that President Trump has said would be built with private dollars.
Republicans propose $1 billion in taxpayer dollars to secure Trump ballroom
The president said repeatedly that the White House ballroom would be privately funded but has raised security concerns, particularly in light of the correspondent's dinner shooting.
Senate Republicans look to fund $1 billion in security upgrades for Trump's ballroom
WASHINGTON (AP) — Senate Republicans have added $1 billion in White House security upgrades to legislation that would fund immigration enforcement agencies, a proposed boost for President Donald Trump’s ballroom project after a man was charged with trying to assassinate him at the White House Correspondents' Association dinner last week. The GOP bill released late Monday would designate the money for the U.S. Secret Service for “security adjustments and upgrades” related to the ballroom project,
NASA Research Shows Early Life Relied on Rare Metal
NASA-funded scientists have discovered that life on Earth over 3 billion years ago relied on the metal molybdenum, which was incredibly scarce in the
Zambia blasts the U.S. over a $2 billion health deal in exchange for critical minerals
Zambia accuses the U.S. of linking a $2 billion health assistance deal to access to its rich mineral resources.
Zambia blasts the US over a $2 billion health deal in exchange for critical minerals
HARARE, Zimbabwe (AP) — Zambia is accusing the United States of tying a $2 billion deal for critical health assistance to access to the southern African nation's rich mineral assets, and calling the outgoing U.S. ambassador's allegations of corruption “mischievous” and “undiplomatic."
Zambia accuses US of tying $2B health deal to mineral access
Zambia accuses the U.S. of linking a $2 billion health assistance deal to access to its rich mineral resources.
Zambia blasts the US over a $2 billion health deal in exchange for critical minerals
Zambia accuses the U.S. of linking a $2 billion health assistance deal to access to its rich mineral resources
In the six-way race to be California’s treasurer, it likely comes down to two Democrats
California's treasurer manages bonds, pensions, and billions in cash. These are the six people vying for the job in 2026.
PayPal Earnings, Revenue Beat Under New CEO. Company Aims To Cut $1.5 Billion In Costs.
PayPal stock rose amid better-than-expected Q1 earnings and a $1.5 billion cost reduction program.
BBVA Channels €36 Billion into Sustainable Business in the First Quarter of 2026 (up 33 Percent YoY)
This activity allows the bank’s clients to gain access to financing and solutions for the energy transition, efficient resource use and social challenges.
U.S. Embassy Supports Tunisian Business Delegation at 2026 SelectUSA Investment Summit - U.S. Embassy in Tunisia
U.S. EMBASSY SUPPORTS TUNISIAN BUSINESS DELEGATION AT 2026 SELECTUSA INVESTMENT SUMMIT The SelectUSA Investment Summit is the premier U.S. investment event, connecting thousands of investors, companies, economic development organizations, and industry experts to make deals happen. Media Note TUNIS, May 5, 2026 – U.S. Embassy Tunis is pleased to support a delegation of 11 Tunisian companies traveling to the United States to participate in the 2026 SelectUSA Investment Summit at National Harbor, Maryland, May 3-6, 2026. The Summit is an opportunity for these dynamic entrepreneurs to establish new connections and explore business and investment opportunities in the United States. This year, three Tunisian women entrepreneurs and members of the delegation representing Spiraw and Sotetel were accepted into the Select Global Women in Tech year-long mentoring program which will kick off at the summit. Since 2022, more than 50 Tunisian entrepreneurs in fields ranging from e-gaming, robotics, software engineering, coding, online fashion, and green tech have participated in SelectUSA Investment Summits, where they have taken their businesses to the next level. Hosted by the U.S. Department of Commerce, the SelectUSA Investment Summit is a one-stop shop for companies considering expanding to the United States and provides economic development organizations (EDOs) with the opportunity to meet directly with international companies to facilitate investment deals. Since inception, the SelectUSA Investment Summit has attracted tens of thousands of companies and economic development representatives, generating over $250 billion in new investment projects that support more than 125,000 jobs across the United States and its territories. The previous SelectUSA Investment Summit saw record-breaking numbers with more than 5,500 participants, including EDOs from 54 U.S. states and territories and over 2,700 business investors from 100+ countries, including Tunisia. The following Tunisian businesses will take part in this year’s SelectUSA delegation: AquaDeep – Revolutionizes aquaculture with AI-powered monitoring solutions, including a real-time larva counting system and a SaaS platform for environmental monitoring. The company is expanding operations across Tunisia, Europe, Africa, and the United States. Bouraoui Group – Specializes in event venues, hospitality experiences, innovative real estate development, and technology driven customer solutions. The business develops experience- focused and tech enabled lifestyle destinations that combine entertainment, culture, retail, and smart services, and is seeking international partners to co-develop hospitality, PropTech, smart retail, and experiential digital projects. Digital Cook – Builds HR and recruitment software solutions, including HRMS, ATS, and custom tools that streamline hiring, employee management, and talent development. It provides custom software, system integration, and scalable HR platforms for SMEs, large enterprises, and recruitment agencies seeking efficient, user-friendly ways to manage their workforce and improve recruitment. El Kanaouet – Provides high-quality and low-cost hydraulic infrastructure for the supply and distribution of drinking water. The company manufactures prestressed concrete structures based on current technological developments in the field and trends in integrated and digitalized management. El Kanaouet aims to enter the U.S. market with its production of centrifugal prestressed concrete pipes and other technical products and services. Fluoink Nanotechnologies – A deep‑tech startup developing next‑generation antimicrobial additives for paints, coatings, and industrial materials, enabling everyday surfaces to act as long‑lasting barriers against harmful bacteria and pathogens without changing their appearance or performance. Mare Custos – A subsea robotics company specializing in ROV-based underwater inspection services for offshore energy, ports, and marine infrastructure, using high-precision imaging, PAUT, and NDT to inspect structures in challenging conditions. SmartMed SA – A fast-growing digital health company operating in Tunisia, Algeria, and Morocco, offering an integrated ecosystem that helps patients book appointments (MedPro), enables clinics to digitize workflows and EMRs (MedLink), and supports targeted digital marketing for healthcare and pharma (MedAds). With millions of appointments and users, SmartMed has become a leading e-health platform in North Africa. Sototel – Builds telecommunications networks and services, including fixed, radio, and mobile networks. Sototel focuses on technological innovation and continuous improvement, providing high-value-added digital solutions. SOTUPRIN HGE – Specializes in manufacturing household electrical appliances under the brand HGE and OEM. Expanded from the local market to North Africa, Central Africa, the Middle East, and Europe. Spiraw by Food4Future – Designs and manufactures smart, AI-powered cultivation systems allowing individuals and businesses to grow fresh, highly nutritious food – starting with spirulina – directly at the point of consumption. Combining patented hardware, controlled-environment agriculture, and a connected app with an AI assistant, Spiraw aims to decentralize food production and create a new category at the intersection of agri-tech, consumer health, and smart home ecosystems. WaterSec (Istidama) – A climate-tech startup that uses IoT, AI, and smart sensors to help high consumption facilities (such as industries, hotels, and commercial buildings) monitor water use in real time, detect leaks, and optimize consumption. The company’s digital platform turns raw water data into alerts and actionable insights, making water management more transparent, proactive, and sustainable. Learn more about the SelectUSA Investment Summit at https://www.selectusasummit.us/. Follow live developments from the summit on X at https://x.com/SelectUSA.
CK Hutchison Exits Vodafone Joint Venture for $5.8 Billion
Vodafone Group will take full ownership of its joint venture with CK Hutchison after the Hong Kong conglomerate agreed to sell its stake in one of the U.K.’s largest mobile operators for more than US$5 billion.
Wall Street's $1.5 billion plan to build the 'McKinsey of AI'
Some of Wall Street's biggest investors, like Blackstone, are teaming up with Anthropic to build a consulting firm for the AI future.
Mark Cuban says AI's 'biggest challenge' for businesses is consistency
The billionaire wrote on X that employees with a lot of domain expertise can capitalize on AI's "biggest problem."
Hidden galaxy within our galaxy discovered — billions of years after Milky Way ate it
This particular star system, dubbed Loki after the Norse god of trickery, was consumed by our own solar system billions of years ago when our celestial neighborhood was expanding in size.
Zambia Says Privacy, Minerals Concerns Stall US Health-Aid Deal
Zambia’s talks with the US over a new $2 billion health-aid deal stalled because the proposed agreement included data sharing that would violate citizens’ privacy rights and was conditional on first agreeing to preferential access to mineral resources, the nation’s foreign minister said.
GameStop targets eBay in $56B takeover bid, sees path to rival Amazon
GameStop launches a $56 billion bid for eBay, with CEO Ryan Cohen outlining plans to cut costs and position the platform as a rival to Amazon.
Should a California union dictate how clinics spend money? Employers sue to block ballot measure
California’s billionaires are not the only ones fighting back against the state’s largest health workers union this election season.
American Express Global Business Travel Enters $6.3 Billion Take-Private Deal
American Express Global Business Travel is being taken private in an all-cash acquisition by Long Lake Management for $9.50 a share, valuing the company at about $6.3 billion.
Long Lake Agrees to Acquire American Express Global Business Travel, the World’s Largest Corporate Travel Platform, for $6.3 Billion, With Support From General Catalyst and Alpha Wave
Long Lake agrees to acquire American Express Global Business Travel
GameStop CEO Ryan Cohen $56B eBay offer: 'An opportunity to build a much larger business'
GameStop CEO Ryan Cohen joins 'Squawk Box' to discuss details of the company's offer to buy eBay for $56 billion, the rationale behind the offer, how the combined company would rival Amazon, and more.
GameStop Proposes Acquiring eBay for $55 Billion
Analysts question the feasibility of this long-shot bid by the video game retailer to acquire the much larger online marketplace.
Anthropic Nears $1.5 Billion Joint Venture With Wall Street Firms
Anthropic, Blackstone and Hellman & Friedman each expected to invest around $300 million; Goldman Sachs also an investor.
GameStop Is Offering to Buy eBay For $56 Billion, CEO Ryan Cohen Says
Cohen said GameStop has built a roughly 5% stake in eBay and was offering $125 a share in cash and stock, a roughly 20% premium to its closing price on Friday.
Iowa lawmakers reach last-minute deal for $4 billion property tax cut
Republican lawmakers struck a deal to deliver what they said would be a $4 billion property tax cut over the next six years, after a weekend marathon.
Power & Politics: Hofstra Exec. Dean of Suburban Studies, Real Estate Broker discuss Levittown growing pains; Billions of dollars missing from school funding
Hofstra Executive Dean of Suburban Studies Larry Levy and Chris Montalbano, a real estate broker, join the show.
Landlords want to be paid for pandemic losses and hope to reach a deal with the Trump administration
A group of landlords are hoping to settle with the federal government over what they say are billions of dollars in losses due to the federal eviction moratorium in place for nearly a year during the pandemic.
The Bezos of it all: The Met Gala’s billionaire moment
The annual Met Gala, which takes place this year on Monday, May 4, is always a lightning rod for controversy.
The Bezos of it all: The Met Gala’s billionaire moment
The annual Met Gala, which takes place this year on Monday, May 4, is always a lightning rod for controversy.
He recorded his quest for tariff refunds. It shows why billions may never get repaid
After the Supreme Court struck down most of President Trump's tariffs, Richard Brown began lining up the paperwork he needed to get his refund. Experts say many businesses may never get their money back.
Bizfeed: New retailers, restaurants planned for Strip, more
Plus, former Las Vegas-based Nothing Bundt Cakes will be acquired by private equity firm KKR for over $2 billion.
‘Action Is Needed’—Microsoft Changes Windows Update In 10 Days
Microsoft's critical Secure Boot security is about to expire on more than 1 billion PCs. Here's what to do.
Big Ten distributes $1.37B in revenue for 2024-25 fiscal year
The Big Ten Conference distributed a record $1.37 billion to its 18 members in the 2024-25 fiscal year, an increase of nearly $500 million.
WakeMed looks to merge with Atrium Health; would create jobs and $2B investment in Wake Co
The merger would create a $2 billion investment in Wake County, the creation of more than 3,300 new health care jobs, WakeMed says.
GameStop Preparing Offer for eBay
GameStop is preparing to make an offer for eBay, according to people familiar with the matter, part of CEO Ryan Cohen’s plan to turn GameStop into a $100 billion-plus juggernaut.
The $25 Billion Bill: The Hidden Environmental Cost of America’s Data Center Boom
Data centers are popping up around the United States, driven by the growing energy and storage demands of artificial intelligence. Now, new research highlights their growing costs. Data centers cost the U.S. about $25 billion in pollution and health costs last year, according to research by Carnegie ...
Op/Ed: North Carolina childcare is in crisis - and a business issue
A full-blown childcare crisis in North Carolina has the full attention of business leaders. It has to. The crisis is costing our state an estimated $5.65 billion every year.
'Workers Over Billionaires' protests taking place in Western New York
In New York, the movement is what organizers say is a call to action with the message "workers over billionaires."
'Workers Over Billionaires' protests taking place in Western New York
In New York, the movement is what organizers say is a call to action with the message "workers over billionaires."
US criticises Zambia for lack of engagement as $1 billion health deal stalls
The United States has criticised Zambia for failing to engage on a new health aid agreement governing more than $1 billion in U.S. funding, saying repeated outreach from Washington had been ignored as an April 30 deadline passed without a deal.
VICI Properties Closes $1.16 Billion Golden Entertainment Sale-Leaseback Deal
VICI Properties Inc. (NYSE: VICI) has completed its previously announced $1.16 billion acquisition of the land, real estate and improvements... Read More
Legislature's adviser tries budget tough love to get California politicians to close huge deficits
Legislative Analyst Gabe Petek says state spending grew by $100 billion or so a year since 2019, outstripping revenues and resulting in current and future deficits.
LIV Golf: Is Saudi Arabia's sports revolution unravelling?
Saudi Arabia will withdraw its multi-billion dollar backing of LIV Golf, but what does this mean for the country's other sporting investments? Dan Roan takes a closer look.
‘Move fast and break things’ not way to fix Colorado’s roads
By Donna Lynne, Kelly Nordini and Rebecca McClellan This month, after the effects of federal H.R. 1 hit Colorado’s budget like a sledgehammer, Colorado lawmakers had to cut more than $1.5 billion from our state budget, leaving virtually no corner untouched. Critical programs for health care, the environment and education felt the effects. We do […]
LIV Golf not the only sports property affected by Saudi Arabia's investment reboot
The billionaires in Saudi Arabia are pulling the plug on LIV Golf. It won’t be the first mega sports project they’ve given up on recently.
Can LIV Golf work without the Saudi billions? Sports investors predict a ‘free fall’
The inner workings of LIV Golf’s business model are a lot bleaker than what the league is boasting publicly.
Can LIV Golf work without the Saudi billions? Sports investors predict a ‘free fall’
The inner workings of LIV Golf’s business model are a lot bleaker than what the league is boasting publicly.
Businesses applying for tariff refunds after Supreme Court ruling
Businesses across the United States are now racing to recover billions of dollars in tariffs after the U.S. Supreme Court ruled those tariffs, which had been imposed under the International Economic Emergency Powers Act, were illegal.
VICI Properties Inc. Closes Sale-Leaseback Transaction With Golden Entertainment
VICI Properties Inc. (NYSE: VICI) (“VICI Properties”, “VICI” or the “Company”) today announced the closing of the previously announced $1.16 billion acquisit...
LIV Golf isn't the only sports property being reconsidered in Saudi reboot of investment strategy
The billionaires in Saudi Arabia are pulling the plug on LIV Golf. It won’t be the first mega sports project they’ve given up on recently.
Lawmakers zero in on fraud in $15 billion entertainment bailout
Prosecutors could soon get more time to pursue fraud charges related to pandemic bailouts for restaurants and music businesses.
As DHS money runs out, Congress could vote today to avoid fresh chaos
After a late-night battle, the House of Representatives greenlit a budget blueprint to give ICE and Border Patrol roughly $70 billion.
Melco Resorts & Entertainment Limited (MLCO) Releases Q1 2026 Earnings: EPS Up, Revenue and Gross Profit Down
Melco Resorts & Entertainment Limited (MLCO) reported Q1 2026 results with notable swings across revenue, profitability and cash flow.Total revenues: $1.4 billion (down 44.55% year-over-year).Gross profit: $513.2 million (down 84.15% year-over-year).Operating profit: $179.0 million (up 23.54% year-over-year).Net income attributable to common shareholders: $76.8 million (up 136.17% year-over-year).Diluted earnings per share: $0.20 (up 150.0% year-
How the World Cup could boost the growing sports economy
The FIFA World Cup 2026 could create more than $40 billion in global GDP, part of a wider sports economy that is set to reach $8.8 trillion by 2050.
Amazon Price Target as In-House Chip Business Hits $20 Billion
I'm adding to my long position in the big-tech name.
Meta says its business AI now facilitates 10 million conversations a week
Meta said over 8 billion advertisers have used at least one of its gen AI tools
Cardinal Health Reports Third Quarter Fiscal Year 2026 Results and Raises Outlook
/PRNewswire/ -- Cardinal Health (NYSE: CAH) today reported third quarter fiscal year 2026 revenues of $60.9 billion, an increase of 11% from the third quarter...