SCROLL NEWS / DISCOVERY
Search headlines
Find the stories shaping the conversation.
Results for " 100 billion " 33 found 🔀 AI-powered Shuffle
Shein’s dressed for its long-awaited market debut in Hong Kong. But the party may be over
Shein was the ultimate disruptor in fashion. By turning online trends into $11 jeans or $3 crop tops in a matter of days, the ultrafast fashion retailer overtook established companies such as Zara and H&M, prompting it to eye an IPO that would value the company at nearly $100 billion.
Black hole star? Solar-system-size 'dot' from the early universe is our best evidence yet of a brand-new type of cosmic object
The James Webb Space Telescope has identified the most promising candidate yet for a black hole star, lurking 660 million years after the Big Bang. The hypothetical entity, which shines 100 billion times brighter than a typical star, could shed light on the origins of the mysterious "little red dots."
An Overview of State-Directed Payments and Medicaid Provider Taxes: History and Potential Effects of the Working Families and Tax Cut Legislation on Health Care Costs
Health care provider taxes and state-directed payment policies in the Working Families and Tax Cut legislation are expected to reduce non-Medicaid prices by up to 3.5 percent in markets with provider taxes and reduce spending on Medicaid, commercial and Medicare coverage. Our spending estimates indicate that there will be an additional $29 billion in federal savings on Medicare and commercial coverage for each $100 billion that federal Medicaid spending is reduced.KEY POINTS
The U.S. Healthcare System is Already Mostly Socialized
Now that Abdul El-Sayed is the Democratic nominee for Michigan’s open Senate seat, the outcome of this crucial race will depend mainly on two things: Whether Republicans succeed in demonizing El-Sayed because he’s brown and a Muslim, and whether they succeed in demonizing him as a left-wing radical. I will defer for the now the question of whether bigotry will be effective this year, although I will address it another day. What I want to address instead is El-Sayed’s signature issue — healthcare. Yes, El-Sayed advocates Medicare for All, a position the usual suspects denounce as “socialism.” I will get to the politics of his stance soon. Today, however, I want to talk about the substance. We should be clear that El-Sayed doesn’t even call himself a socialist. On the contrary, he explicitly disavows the label, saying “I’m a capitalist who just knows about capitalism”. In fact, as I explained in a previous post, the policies that El-Sayed advocates qualify him as a social democrat, not a socialist. Still, El-Sayed advocates a system under which the government would pay almost all medical expenses. Isn’t that socialism? Well, if that is the criterion then much of U.S. healthcare is already socialist. In fact, the government’s role is so large that U.S. healthcare is better described as partially privatized socialism than as anything resembling a free market. Let’s start with the raw numbers on health insurance, which pays the bulk of Americans’ medical expenses. Americans receive health insurance either from private companies or from public programs, overwhelmingly Medicare and Medicaid. Here’s what the breakdown of coverage and spending between private and public looked like in 2024: While a majority of Americans with health insurance get it from private companies, well over 100 million of us are covered by government programs instead. And these government programs pay more total dollars for medical bills than the private insurers do. Why do government programs that cover a minority of the population account for a majority of health insurers’ outlays? Mainly because Medicare covers seniors, and we’re expensive. Also, while Medicaid covers many younger Americans, disabled and elderly beneficiaries account for most of its spending. Even by the raw numbers, then, U.S. health insurance looks as much public as private. But that understates the government’s role: Private health insurance in the U.S. is both highly regulated and heavily subsidized. This is obviously true for the insurance coverage purchased by tens of millions of Americans through the exchanges established by the Affordable Care Act. But employment-based health insurance, which covers 161 million Americans, is far more of a government creation than most people realize. For employment-based insurance exists largely because of huge implicit government subsidies that come with major strings attached. Here’s how that works. If your employer pays you $10,000, that’s taxable income. But if your employer pays $10,000 toward a company health insurance plan that meets certain criteria, it isn’t taxable. That’s a huge effective subsidy, running at more than $300 billion a year. Take that subsidy into account, along with the more than $100 billion per year spent subsidizing policies purchased under the ACA, as well as the outlays on Medicare and Medicaid, and net effect is that the government pays for more than two-thirds of Americans’ health insurance. Granted, there are strings attached. Roughly speaking, employment-based health plans can’t discriminate based on medical history — that is, they can’t deny coverage to employees with pre-existing conditions — and they also can’t offer the plans only to highly compensated employees — a health plan that is only for the C-suite is considered taxable income. So given the restrictions of the federal tax code, employer-based health insurance is a lot like Obamacare, which also prohibits discrimination based on medical history and provides subsidies to make insurance affordable to lower-paid workers. The fact is that virtually all of private healthcare insurance is already well under some form of government control through regulation and tax subsidies. How should we think about this system? First of all, is Medicare socialist? Don’t tell anyone, but the way Medicare operates — it covers every senior’s medical expenses, whatever they turn out to be, while being funded by taxes that depend on one’s income — could be summarized by the old Marxist slogan “From each according to his ability, to each according to his need.” And back in 1961, when Ronald Reagan was the face of a last-ditch effort by the American Medical Association to block the creation of Medicare, he denounced Medicare as “socialized medicine” and warned that it would destroy our freedom. In reality, American freedom survived until Jan. 20, 2025, while Medicare is immensely popular, with an 82 percent favorable rating in the most recent KFF survey. Medicaid, government health insurance for lower-income Americans, comes in at 73 percent. This is in sharp contrast to public views about private insurers, who are widely disliked if not hated and accused of denying essential care. Furthermore, if Medicare is socialism, then the whole U.S. health insurance system, with the government paying most of the bills and placing conditions on private insurers, is almost equally socialist. If you insist on calling any program the government pays for and regulates socialist, then U.S. healthcare would best be described as a partially privatized form of socialism. And one must ask, what is the point of the part that is privatized? Do private insurers add anything positive? Or are they simply parasites, skimming off money that could have been paying for care? The case for viewing insurers as parasites is strong. Many Medicare benefits are now delivered via Medicare Advantage, that is, plans paid for by the government but run through insurance companies. MedPAC, an independent advisory commission, estimates that last year Medicare Advantage plans were overpaid by $84 billion, thanks to practices such as “upcoding,” in which patients’ health problems are overstated to get larger sums from Medicare. Assessing the waste from employer-based insurance is harder, but most evidence suggests that private insurers have substantially higher administrative costs than Medicare does. Furthermore, the complexity of private insurance, with multiple payers all trying to deny care when they can, is a huge burden both on providers — doctors, nurses, and hospitals — and on patients. What do private insurers offer to compensate for these costs? One must go through intellectual contortions to avoid the conclusion that they are, in fact, parasites. Which brings me back to El-Sayed. In supporting Medicare for All, he’s basically calling for an end to the partial, parasitic privatization of a healthcare system that is already hugely dependent on public funding. When one looks at it that way, it’s not at all a radical proposal. Admittedly, the political lift requires overcoming the opposition to higher taxes to pay for Medicare for All. Political realism rather than economics was the reason I and many other progressives supported Obamacare, with all its complexities, rather than demanding an immediate move to Medicare for All. But the political calculus may very well have shifted since the 2000s, as Americans are fed up with a system of unaffordable premiums, rampant claim denials, and byzantine claim administration. Moreover, funding healthcare insurance through taxation would allow for a much more progressive distribution of the cost. That is, compared to the present system, middle-income households would pay less as high-income households would pay more. And the U.S. would stop wasting large sums on pointless administrative costs. So let’s be clear: El-Sayed’s healthcare platform is perfectly reasonable on the merits of cost, fairness and health efficacy. And with private insurers never more hated, while millions of Americans are losing their health insurance, 2026 may be its time. MUSICAL CODA
Microsoft’s stock has biggest one-day gain since 2008, adding $480 billion in market value as cloud business booms
Azure crossed $100 billion in revenue for the first time and a new disclosure about OpenAI offered some respite.
How Africa’s richest man plans to turn a $20 billion business into a $100 billion industrial empire
Africa’s richest man Aliko Dangote plans to grow Dangote Group into a $100 billion industrial empire by 2030 through refinery expansion, cement growth, fertiliser investments and what could become Africa’s biggest IPO
TSMC Adds $100 Billion to Its U.S. Spending Plan
The pledge from the Taiwanese chip-making giant brought the total commitment to its fast-growing operations in Arizona to $265 billion.
Microsoft set to cut thousands of jobs next week, spanning Xbox, sales and consulting
Microsoft is preparing another round of layoffs, spanning Xbox, sales and consulting, as it holds down operating costs while pouring more than $100 billion into AI infrastructure.
'This is the next jump in technology': World's first sub-1nm chip keeps Moore's Law alive a little longer
IBM's NanoStack architecture has helped scientists cram 100 billion transistors onto a computer chip, delivering 50% better performance and consuming 70% less energy than the current generation.
OpenAI Touts Progress in 19-Week-Old Ad Business
OpenAI is promoting progress in what it expects to become a $100 billion ad business. The artificial intelligence (AI) startup is making its inaugural
Wellness tracking apps are making people stressed out, hurting health
Americans are spending $100 billion on wellness apps and health trackers — but the rise in self-data may end up just stressing people out.
Broadcom's Future $100 Billion Custom Chip Business Is Your Sign to Buy Now
Broadcom's custom chip business is rapidly accelerating.
Broadcom's Future $100 Billion Custom Chip Business Is Your Sign to Buy Now
Broadcom's custom chip business is rapidly accelerating.
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.
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.
Berkshire Hathaway’s Big Utility Business Could Be Worth Close to $100 Billion
It would probably be a top five utility in the country by market value if it were publicly traded.
How OpenAI's reported ad plans could change the AI business model
OpenAI (OPAI.PVT) is reportedly projecting $100 billion in advertising revenue by 2030. Yahoo Finance Technology Editor Dan Howley explains how this could shift the artificial intelligence (AI) business model.
Plastic bags infest the Kansas prairie, degrading and threatening our health. We can change course.
Every year, Americans use more than 100 billion plastic bags, and most are used for just 12 minutes. The problem? Those bags don’t disappear.
Jeff Bezos aims to raise $100 billion to buy, revamp manufacturing firms with AI, WSJ reports
Jeff Bezos is in early discussions to raise $100 billion for a new fund that would acquire manufacturing companies and seek to use AI to drive and speed up automation, the Wall Street Journal reported on Thursday.
Yomiuri: Daito Trust Construction Aims to Expand U.S. House Flipping Business
Japanese major real estate firm Daito Trust Construction Co. is strengthening its overseas operations. In an interview with The Yomiuri Shimbun, Yutaka Amano, senior executive officer and general manager of the company's Business Development Headquarters, revealed that the firm plans to bring net sales up to 100 billion yen for its U.S. operations.
KKR Sees Arctos as Linchpin for Building a $100 Billion Business
KKR & Co.’s leaders see their acquisition of Arctos Partners as key to helping the firm capitalize on two growing business lines while strengthening its newfound position as a dominant institutional sports investor.
Another Threat to VA Health Care
A VA privatization pilot in Congress could weaken veterans’ care, degrade quality, and cost taxpayers over $100 billion a year, experts warn.
World's 4 richest people are already $100B wealthier in 2026
Elon Musk, Larry Page, Sergey Brin, and Jeff Bezos have gained a combined $100 billion in 2026 thanks to stock gains and xAI's valuation bump.
Women's Health Investment Outlook
Despite women and girls making up nearly half the world’s population, women’s health has captured just 6% of private healthcare investment. More than 25 organizations from the investment community, industry, philanthropies and beyond provided insights for this report, which addresses critical gaps in understanding investment flows in women’s health, market opportunity and unmet need. To quantify private investment flows in women’s healthcare over the past five years, the report introduces the Women’s Health Investment Index. Major areas of unmet need and opportunity across high-burden, high-prevalence conditions that affect women uniquely, differently and disproportionately – such as cardiovascular disease, osteoporosis, menopause and Alzheimer’s disease – have been overlooked. A recent analysis by the Boston Consulting Group (BCG) estimates that effectively addressing these four therapeutic areas for women in the US could unlock a $100 billion-plus market opportunity by 2030.
Women's Health Investment Outlook
Despite women and girls making up nearly half the world’s population, women’s health has captured just 6% of private healthcare investment. More than 25 organizations from the investment community, industry, philanthropies and beyond provided insights for this report, which addresses critical gaps in understanding investment flows in women’s health, market opportunity and unmet need. To quantify private investment flows in women’s healthcare over the past five years, the report introduces the Women’s Health Investment Index. Major areas of unmet need and opportunity across high-burden, high-prevalence conditions that affect women uniquely, differently and disproportionately – such as cardiovascular disease, osteoporosis, menopause and Alzheimer’s disease – have been overlooked. A recent analysis by the Boston Consulting Group (BCG) estimates that effectively addressing these four therapeutic areas for women in the US could unlock a $100 billion-plus market opportunity by 2030.
Clay Planning Board votes to approve Micron semiconductor facility
The company touts the project as the largest private investment in New York's history, with an expected $100 billion investment over the next 20-plus years.
Women’s health isn’t emerging
Women’s health has generated more than $100 billion in exits, according to a new report, evidence the sector is long past its infancy.
Women’s Health Exits Surpassed $100 Billion
Women’s health exits topped $100 billion across 276 deals. New JPMorgan data show the category delivers healthcare M&A and investment returns.
AbbVie pledges $100 billion U.S. investment to avoid tariffs
AbbVie will invest the $100 billion in US research, development and capital investments, including manufacturing, over the next decade.
KUSTOM ENTERTAINMENT, INC. COMPLETES THE DIVESTITURE OF ITS NOBILITY HEALTHCARE SUBSIDIARY; SHARPENS ITS FOCUS ON $100 BILLION LIVE ENTERTAINMENT AND ONLINE TICKETING MARKETS
OVERLAND PARK, KS, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Kustom Entertainment, Inc. (Nasdaq: KUST) (the “Company”), today announced that it has closed the sale of its 51% ownership interest in Nobility Healthcare, LLC, its healthcare billing and revenue cycle management subsidiary. This step is in conjunction with its previously announced major corporate rebranding, by changing its name to Kustom Entertainment, Inc. and its Nasdaq ticker symbol to “KUST”. The divestiture of the Company’s healthcare
Exxon CEO Darren Woods calls Venezuela 'uninvestable'
President Donald Trump is pushing for major US oil companies to pump at least $100 billion into Venezuela.
Trump to meet with oil executives as Venezuela releases political prisoners
Trump is encouraging U.S. oil executives to invest $100 billion in Venezuela to help rebuild that country after removing its leader, Nicolas Maduro.
'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."