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US entertainment giant Universal Studios to build multibillion dollar theme park in Saudi Arabia | World News - The Times of India
Middle East News: Universal Studios is considering a multi-billion dollar theme park in Saudi Arabia's Qiddiya, part of Vision 2030 to boost tourism and entertainment in the Kingdom. This early concept could bring global franchises to the region.
California businesses continue to shoulder state's $20 billion debt to the federal government
Businesses large and small across California are paying even more on their payroll taxes to the federal government this year because of spending decisions the state's Legislature and governor made within the last few years.
The Ellisons add TikTok's U.S. business to their entertainment empire
TikTok has signed a deal to sell its U.S. operations to a group of investors led by Larry Ellison, the billionaire ally of Trump whose family media and entertainment empire just got bigger.
The Ellisons add TikTok's U.S. business to their entertainment empire
TikTok has signed a deal to sell its U.S. operations to a group of investors led by Larry Ellison, the billionaire ally of Trump whose family media and entertainment empire just got bigger.
Strengthening U.S.-Nigerian Health Cooperation under the America First Global Health Strategy - U.S. Embassy and Consulate in Nigeria
Strengthening U.S.-Nigerian Health Cooperation under the America First Global Health Strategy The United States signed a five-year, $5.1 billion bilateral health cooperation Memorandum of Understanding (MOU) with the Federal Republic of Nigeria December 19 to advance the America First Global Health Strategy, supporting resilient, self-reliant, and durable health systems while promoting accountability and shared responsibility. Under the five-year MOU, the United States intends to commit nearly $2.1 billion in health assistance, with nearly $3.0 billion in new domestic health expenditures by the Government of Nigeria over the same five-year period. This represents the largest co-investment any country has made to date under the America First Global Health Strategy and underscore Nigeria’s commitment to greater national ownership of its health system. Under the MOU, the United States will continue to support surveillance and outbreak response, laboratory systems, health commodities; frontline healthcare workers, and data systems. Nigeria faces significant health challenges, including one of the highest maternal and child mortality rates globally and approximately30 percent of the global malaria burden. U.S. assistance under the MOU will expand access to affordable, preventive and curative services for HIV/AIDS, tuberculosis (TB), malaria, polio, and maternal and child health, strengthening health outcomes across Nigeria. The MOU places a strong emphasis on Christian faith-based healthcare providers, recognizing their indispensable role in delivering care to communities in need. Nigeria’s more than 900 faith-based clinics and hospitals serve more than 30 percent of the country’s 230 million people, often in areas where healthcare facilities are limited or absent. The MOU provides approximately $200 million in dedicated support to strengthen and support these Christian facilities, enhance workforce capacity, and expand access to integrated HIV, TB, malaria, and maternal child health services. Investments in Christian faith-based health institutions are uniquely positioned to complement public-sector facilities and reinforce Nigeria’s overall health infrastructure. The MOU was negotiated in connection with reforms undertaken by the Government of Nigeria to prioritize the protection of Christian populations from extremist violence. As with all U.S. foreign assistance, the President and Secretary of State retain the right to pause or terminate programs that do not align with U.S. national interests, and the United States expects Nigeria to continue making measurable progress in combating religiously motivated violence against Christian communities. This five-year MOU is the latest of several health cooperation MOUs signed in Africa this month. The United States will continue to sign multi-year Bilateral Agreements on Global Health Cooperation with countries receiving U.S. health assistance to advance the America First Global Health Strategy.
The US healthcare system hurts poor Americans. It’s about to get worse
As Congress cuts healthcare access to pay for tax cuts and poor Americans die earlier, billionaires invest in anti-ageing
Expanding Faith-based Healthcare in Nigeria through the America First Global Health Strategy - United States Department of State
Today, the United States Department of State signed a five-year bilateral health Memorandum of Understanding (MOU) with the Federal Republic of Nigeria to strengthen Nigeria’s health system, with a strong emphasis on promoting Christian faith-based health care providers. Under this MOU, the Department of State, working with Congress, intends to commit nearly $2.1 billion to […]
Saturday’s Powerball drawing could bring someone a $1.5 billion holiday windfall
Someone could become $1.5 billion richer after this evening — if they pick the winning numbers in the latest Powerball jackpot.
Major Kentucky bourbon maker Jim Beam shuttering distillery for 2026
The move comes as Kentucky’s $9 billion bourbon industry is dealing with a glut of supply and slipping sales.
Inside Matt Holt's new health data venture Thoreau
The $30 billion entity, which would roll up five New Mountain Capital portfolio companies, could create a worthy competitor to Optum.
Medtronic’s Diabetes Management Business MiniMed Files for IPO
The Northridge, California-based company had a net loss of $21 million on revenue of $1.5 billion for the six months ended October 24, compared with a net loss of $23 million on revenue of $1.3 billion in the corresponding period a year earlier, according to its filing Friday with the US Securities and Exchange Commission. The filing positions the company to join a busy slate of possible debuts in the first months of 2026.
Impact on global mental health care delivery and research
According to the World Health Organization, more than 1 billion people worldwide live with a mental health condition, yet most do not receive adequate care. Persistent barriers such as underfunding, workforce…
An energy retrofit saved the Science Museum of Minnesota millions — why not do it everywhere?
The 111 million buildings in the U.S. are responsible for 40% of all energy use in the country at an estimated annual cost of $370 billion.
CNBC's Official College Sports Valuations 2025: Top 75 athletic programs
The programs are worth a combined $51.22 billion, 13% more than the top 75 in last year's rankings.
Elon Musk's net worth soars, now more than double his closest rival’s as Tesla stock continues to surge
Elon Musk's net worth hits $681 billion, more than double Google co-founder Larry Page's $249 billion wealth, as Tesla's stock surge widens the billionaire gap.
2 defendants in 'Buffalo Billion' case agree to plea deal to avoid retrial
Documents say Steven Aiello and Joseph Gerardi have pleaded guilty to one count of conspiracy to commit wire fraud.
Dallas Cowboys dominate Forbes’ most valuable teams list
Dallas Cowboys valued at $13 billion, leading Forbes' list. Discover how branding and stadium revenue play a crucial role in their success.
A Small Business Owner Noticed 'A Competitor 100x Bigger' Bought Their 'New Innovative Product.' Now They're Worried It's About To Be Copied
A small business owner selling on Amazon recently shared a dilemma that hit a nerve with the r/smallbusiness Reddit community: A massive competitor just bought their “new innovative product,” and now they fear it’s about to be copied. Fear Of Being Crushed By A Giant “A competitor 100x bigger than me just ordered my new product,” the seller wrote. “The name on the shipping label was ‘business name’ LLC and the business name is a billion dollar company… and the name of the person is someone whose
Trump Media to Combine With TAE to Build Nuclear Fusion Business
Trump Media & Technology Group Corp. and TAE Technologies Inc. agreed to combine in an all-stock transaction valued at more than $6 billion.
The World’s 50 Most Valuable Sports Teams 2025
See Forbes' 2025 list of the world's most valuable sports teams, which features franchises from six different leagues and ranges from $5.4 billion to $13 billion.
Mystery solved: Amazon is the tenant in talks with data center developer rocked by stock plunge
"The lead negotiator for Amazon called me on Thursday," Fermi CEO Toby Neugebauer told Business Insider. The deal would pay more than $20 billion over the next 20 years, he said.
Nike cofounder Phil Knight tops 2025 donations with $2 billion gift
Phil Knight's $2 billion cancer research pledge leads the list of the 2025 largest donations, with Buffett and Bezos also making notable gifts.
The World’s Most Valuable Women’s Sports Teams 2025
See Forbes' 2025 list of the world's most valuable women's sports teams, featuring 25 clubs from the WNBA, the NWSL and European soccer worth a combined $5.6 billion.
Musk’s doubts about DOGE spotlight political risks for U.S. Rep. Jen Kiggans
Republican U.S. Rep. Jen Kiggans of Virginia Beach is heading into the 2026 election cycle with one of the most precarious political balancing acts in the country, as her strong support for the Department of Government Efficiency collides with new doubts about the program — and the realities of representing a district heavily reliant on federal jobs.The challenge sharpened last week when Elon Musk, the billionaire tech executive who helped architect DOGE, told GOP podcaster Katie Miller that the initiative had been only “somewhat successful” and said bluntly that he would not do it again. In the interview, Musk acknowledged the political and practical blowback from DOGE, which was launched early in President Donald Trump’s second term with the stated goal of slashing government spending and reshaping the federal workforce.
Jared Kushner's Affinity stepping away from Paramount-Warner Bros bid
Kushner's private equity firm, Affinity Partners, is backing out of Paramount's $108 billion WBD bid.
Robinhood Expands Sports Betting Via Prediction Markets
Since the end of last year, 11 billion event contracts have been traded on Robinhood’s platform which allows investors to wager on sports, politics, and other categories.
College sports 'visionary' Neinas dies at age 93
Chuck Neinas, the onetime Big Eight commissioner whose media savvy and dealmaking helped turn college football into the multibillion-dollar business it is today, died Tuesday.
House GOP health package lowers spending but boosts uninsured
The Congressional Budget Office estimates Republican leaders’ plan would save billions but lead to tens of thousands more without health insurance.
French Health Tech Unicorn Plans Secondary Investment Of Hundreds Of Millions
Doctolib, once France’s most valuable startup, was worth $6.4 billion at its previous funding round in 2022.
Ford is pulling back on EVs and getting in on the AI boom
The Detroit auto giant said on Monday it would pull back from electric vehicles in a move that would cost the company nearly $20 billion.
He built JPMorgan's coast-to-coast banker network. Now exec John Richert says the middle market's moment is coming.
JPMorgan's mid-cap chief explains how investment banking works beyond Wall Street, and why the middle market has become a billion-dollar opportunity.
Ford is switching gears from large EVs: 'It was really the customer changing their decision'
Ford is scaling back its large electric vehicle production and prioritizing hybrid vehicles, a move that is expected to cost nearly $20 billion.
Netflix executives seek to calm fears over multibillion-dollar Warner Bros. deal
Netflix co-chief executives Ted Sarandos and Greg Peters say the streamer will only see a slight increase in share of TV viewing with their proposal.
Three international companies get tax incentives for jobs in central Ohio
The Ohio Tax Credit Authority projects may result in more than $148 million in new payroll and generate over $1.1 billion in Ohio investments.
Op Ed: Wisconsin Candidates Decry Money in Politics, Plan to Raise Tons of It
2015 state law with 'billionaires' loophole' has transformed Wisconsin elections.
Behavioral health spending spikes to 40% of all children’s health expenditures
Expenditure nearly doubled in a decade; families paid $2.9 billion in out-of-pocket costs in 2022
Doctors, health care services contribute billions to Idaho’s economy, new report shows
The report on the economic impact of Idaho doctors and the health care sector comes weeks before the Idaho Legislature meets in 2026.
These unsettled health policies leave billions in health spending in limbo
Three unfinished efforts will determine how billions in federal health spending are directed.
Do Democrats need their own billionaire? JB Pritzker is betting on it.
The Illinois governor has tapped his wealth to climb the political ladder, moving toward a White House run while presenting himself as a champion for everyday people.
MAGA leaders warn Trump the base is checking out. Will he listen?
President Donald Trump is taking criticism from supporters for not addressing cost-of-living issues while focusing too much on foreign policy and billionaires.
Making sense of the risky Netflix-Warner Bros. deal
Netflix's $82.6 billion acquisition of Warner Bros. encapsulates a fraught moment for Hollywood, as the entertainment business is increasingly overshadowed by tech giants.
Warren Buffett is a Zen master
Warren Buffett is renowned for his investment advice. But the billionaire, who is retiring later this month at age 95, also is a font of spiritual wisdom.
Strange, 7-hour explosion from deep space is unlike anything scientists have seen — Space photo of the week
Astronomers used major telescopes across the world to probe a cosmic explosion 8 billion light-years from the solar system.
Elon Musk just hit Sam Altman with an $800 billion counterpunch
OpenAI overtook SpaceX as the most valuable private company. SpaceX could soon reclaim the title. It's the latest in the rivalry between Musk and Altman.
iOS 26.2—Apple Confirms Critical Update For 1 Billion iPhones
Apple's update is finally here — and it includes urgent fixes.
Apple Confirms iPhone Attacks—All Users Must Update Now
1 billion users warned to update to iOS 26.2 now.
Illinois cannabis industry poised for major tax relief if Trump reclassifies marijuana
Reclassifying marijuana could save cannabis firms billions in taxes, but it won't solve all the industry's woes, Illinois operators said.
Stephen Colbert asks why “The Late Show” was canceled if Paramount can offer Warner Bros. $108 billion
"Wow. I gotta say, if my company's got that kind of green, I'm sure they can afford to uncancel one of their best shows," the host said.
U.S. could owe businesses $168 billion if Supreme Court rules against Trump tariffs, analysis finds
Stephen Colbert questions Paramount's Warner Bros. bid
Stephen Colbert, whose show was canceled by Paramount, wondered about the company's finances amid a $108 billion bid to buy Warner Bros. Discovery.
Who Really Won 2025? The Top-Earning Black Women In Entertainment This Year
From billion-dollar empires to history-making tours, these are the Black women who generated the biggest earnings in entertainment this year.
Apple iOS 26.2 Release Date—Critical Update For 1 Billion iPhones
Here's when Apple's next update should come to your iPhone.
Larry Ellison just lost $25 billion of his net worth in one day
Larry Ellison saw his wealth plunge after Oracle's earnings miss spooked investors and raised fresh questions about the company's massive AI spending.
'We're not just going to want to be fed AI slop for 16 hours a day': Analyst sees Disney/OpenAI deal as a dividing line in entertainment history
"I think the reason this bidding is approaching $100 billion-plus is the content library and the potential to do a Disney-OpenAI type of deal."
Costco is firing on all cylinders — and shoppers are loving it
Costco beat expectations with net sales of nearly $66 billion for its first fiscal quarter, including US comparable sales growth of 5.9%.
Early Earth's belly held onto its water
When the early Earth’s magma ocean crystallized 4.4 billion years ago, the deep mantle trapped an ocean’s worth of water, scientists say.
Highmark's Midwest acquisition promises $3.1 billion in new revenue
Highmark Inc. is acquiring a Blues insurance plan in the Midwest that promises to boost annual revenue for the Pittsburgh health insurer by $3.1 billion...
Disney CEO Bob Iger Says OpenAI Deal Gives Entertainment Giant 'A Way In' to AI
The Walt Disney Company and OpenAI announced a deal Thursday that will make Disney characters available through the ChatGPT maker's image and video generation tools, and see Disney invest $1 billion in OpenAI.
Disney bets $1 billion on OpenAI in deal that opens its vault of characters to ChatGPT and Sora
Darth Vader and other Disney characters are coming to ChatGPT and OpenAI's Sora AI video app as part of a three-year licensing deal.
Kenya Court Halts $1.6 Billion Health Deal as US Courts Uganda
A Kenyan court temporarily froze the nation’s health deal with the US after a lobby group raised data-privacy concerns, even as President Donald Trump courts more African countries with similar pacts.
Billionaires are spending massive sums on politics. A backlash brews.
An anti-oligarch protest in a small Indiana town shows the depth of the national backlash against the concentration of wealth and power.
Legal tech is too big for one winner, says Harvey's CEO
Even with an $8 billion valuation, Harvey's CEO says no company will dominate the $1 trillion legal market.
All-in cost for Oracle's campus is $4.5 billion, exec says
Oracle's Nashville campus now totals $4.5 billion, making it Tennessee's second-largest business investment, and is set to span 2.7 million square feet.
DAVID MARCUS: Somali power surge raises the question Minnesota avoids
Somali community continues to gain political power in Minnesota amid billion-dollar fraud scandal involving tied organizations, raising accountability questions.
From Concerts to Events: What’s Next for Casino-Backed Entertainment in Pennsylvania
Pennsylvania has a rich and thriving entertainment market. From major theme parks like Hersheypark and Knoebels to a host of museums, concert halls, and theatres. At the heart of Pennsylvania’s entertainment market is a booming casino industry. Locations like Parx Casino, Mount Airy Casino Resort, and Mohegan Pennsylvania provide residents and visitors with many entertainment options. Casino-backed entertainment has evolved beyond simple table games and slot machines. It has become a billion-dollar industry central to tourism and entertainment in the State.
US Agrees on $1.7 Billion Health Funding Package With Uganda
The US and Uganda have agreed on a $1.7 billion health financing, part of a program that seeks to wean African nations off aid.
House to vote today on must-pass defense policy bill
The House is poised to vote Wednesday on a $900 billion defense policy bill as both chambers race to pass it before the end of the year.
Tech billionaires eye AI moonshots as Trump slashes science funding
Sam Altman, Mark Zuckerberg, and Jeff Bezos are trying to recreate what capitalism destroyed. The key difference is artificial intelligence
Warner Bros. Video Games Business 'Relatively Minor Compared to the Grand Scheme of Things,' Netflix Says
Netflix has admitted it did not attribute any value to Warner Bros.’ video game business in its $82.7 billion acquisition deal, sparking concern for the future of everything from Mortal Kombat to Hogwarts Legacy.
Here's what's inside JP Morgan's 119-year-old personal library?
About 10 blocks south of JPMorgan's shiny, new, $3 billion fortress sits the 119-year-old library of the bank's founder.
Pay cuts, poaching, and pivoting: Inside Scale AI after Meta
Five months after Meta's $14 billion deal, Scale AI has lost some of its gleam, with workers sniping about pay, and rivals coming for its clientele.
MacKenzie Scott donated $7.1 billion to nonprofits in 2025, a major increase
The author and philanthropist MacKenzie Scott revealed $7.1 billion in donations to nonprofits in 2025 Tuesday, marking a significant increase in her annual giving from recent years.
Trump offers farmers $12-billion bailout to offset pain from trade war : The NPR Politics Podcast
President Trump has announced a $12-billion bailout plan for farmers, designed to offset the impacts they have felt from a trade war with China. We discuss how this program fits into Trump’s broader economic policy agenda, and whether it detracts from his message that tariffs will be a boon for the country’s economy.This episode: national political correspondent Sarah McCammon, White House correspondent Danielle Kurtzleben, and senior national political correspondent Mara Liasson.This podcast was produced by Casey Morell and Bria Suggs, and edited by Rachel Baye.Our executive producer is Muthoni Muturi.Listen to every episode of the NPR Politics Podcast sponsor-free, unlock access to bonus episodes with more from the NPR Politics team, and support public media when you sign up for The NPR Politics Podcast+ at plus.npr.org/politics.Please let us know what you think of our show and how we can make it better by filling out this quick survey. As a token of our appreciation, three respondents will be randomly selected to receive a $25 gift card.
Czech billionaire Babis becomes PM with promise to cut ties to business empire
If he honours his pledge, he will no longer benefit from the sale of any Agrofert product, from frankfurters to fertiliser.
AI doctors will be good at science but bad at business, and big talk with little action means even higher drugs prices: 10 healthcare predictions for 2026 from top investors
We hope 2026 is calmer after tariffs, public health chaos, and the cancellation of billions of research funding and health coverage support for millions.
S.F. business tax revenue could jump 11% with tech boom — but city deficit may still hit $1 billion
S.F.'s business tax revenue is projected to jump in the next fiscal year, but the city’s budget deficit could still top $1B due to cuts by the Trump administration, according to Mayor Lurie’s...
The Business Strategy That Could Drive Up Your Grocery Bill, and Trump’s $12 Billion Bailout
Plus, a big Hollywood battle just got messier.
With billions on the line, Colorado prepares for the rural health care “Hunger Games”
Colorado is vying against every other state for a share of $50 billion in federal money earmarked for improving rural health care.
A billion-dollar plan to bolster rural health in CT
DSS requested the funds for its 5-year plan from the Rural Health Transformation Program, which is part of Trump's One Big Beautiful Bill Act.
Some farmers says Trump's proposed bailout won't help with rising health care costs
President Trump has proposed a $12 billion plan to help farmers across the country, but some say they also need help with the rising health insurance costs they may face if certain subsidies expire.
Paramount's $108 billion bid for Warner Bros. Discovery is big — but not the biggest-ever hostile takeover attempted
In seeking to buy Warner Brothers for $108 billion, Paramount is making one of the top ten largest hostile takeover bids in history.
News | Netflix could own some of the nation’s top entertainment real estate following Warner Bros. deal
Here’s a glimpse at the properties involved in the planned $72 billion agreement
Farmers say Trump's payment isn't enough amid rising health care costs
President Trump announced $12 billion in one-time payments to farmers as they adjust to increased tariffs on exports. Some farmers say even with that help they still face rising health care costs.
LinkedIn cofounder Reid Hoffman says he learned a lesson from a visit to Epstein's island: 'Note to self, Google before going'
Hoffman, the billionaire LinkedIn cofounder, said he visited Epstein's island as part of his work fundraising for MIT.
Parenting styles play a key role in shaping teen mental health
Mental health is a global crisis, with more than 1 billion people affected by mental health conditions, according to the World Health Organization (WHO). Young people are particularly affected, with suicide ...
Sustainability Politics Changed, But Corporate Commitment Has Not
Also in the Forbes CEO newsletter: Top execs get more involved with AI, Netflix plans to buy Warner Bros. for $83 billion, economic picture gets complex.
Trump to announce $12 billion farm aid package at roundtable
President Donald Trump is expected to announce a $12 billion farm aid package at a roundtable on Monday, a White House official told CNN.
Trump to announce $12 billion tariff relief for farmers
Farmers — particularly those who produce soybeans — have felt the impact of the president’s tariff policies.
SPONSORED Novartis makes $23 billion investment in America's health
Ten facilities – including seven new sites – will create thousands of jobs and accelerate U.S. pharmaceutical innovation.
Uber is turning trip and takeout data into insights for marketers
Uber has said its ad business is on track to generate $1.5 billion in revenue in 2025. It's hoping a new insights platform will encourage more spend.
States battle for rural health funding
States are pledging to enact White House-favored policies for a chance to win bigger shares of a $50 billion rural health fund that Congress and President Donald Trump created in July.
Scientists just released a map of all 2.75 billion buildings on Earth, in 3D
A new global atlas captures humanity’s entire built environment—from megacities to remote villages.
Magnum Ice Cream valued at $9.1 billion in Amsterdam listing
Shares in the Magnum Ice Cream Company traded at 12.8 euros per share on Monday, implying a market capitalisation of 7.84 billion euros ($9.14 billion), as the company finalised its long-awaited spinoff from Unilever to list in Amsterdam.
Trump says Netflix-Warner deal 'could be a problem'
Trump said Netflix's $72 billion acquisition of Warner Bros and their combined market share could be a problem.
‘Sort of blackmail’: Billions in rural health funding hinge on states passing Trump-backed policies
Democrats and health advocates described the strategy as highly unusual, and some fear it could be wielded to favor political allies.
University of Utah Health research funding reaches record $531M in 2025
University of Utah Health this year achieved record research funding totals, surpassing the half-billion mark for 2025, reaching $531 million.
Billionaire who moved business to Florida now selling final property in blue city at discount
Billionaire Ken Griffin set to complete Chicago real estate exit as final condo reportedly goes under contract.
City of Hope, Hoag and UCI Health chose to build in Irvine, what makes the area attractive for health-care investment?
The billions of dollars in investments coming online more than double the number of hospital beds in the city, add thousands of jobs and makes Irvine a “biomedical, biotechnical” center…
As Pay TV Collapses, Sports’ Streaming Wars Kick Off
Major leagues shut the lights off on TV-only deals, but a platform battle is emerging as media giants aim to get the biggest bang for the billions they've spent on rights deals.
A look back at the top 10 Capital Region business stories of 2025
From political shake-ups to billion-dollar industrial bets, the Capital Region’s biggest business headlines this year delivered plenty of suspense, as Business Report highlights in its latest issue. Baton Rouge’s arena dreams faced a plot twist when Oak View Group—the partner LSU wants for the job—got pulled into a federal indictment tied to bid-rigging allegations in […]