Billion

Money

Rivian to Receive $6.6 Billion Department of Energy Loan for Georgia Plant

Key Takeaways Rivian announced late Monday that the EV startup has received initial approval for a loan from the U.S.…

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Money

Intel Agrees to Terms, Will Receive Up to $7.9 Billion in CHIPS Funding

Key Takeaways Intel and the Biden administration have agreed to terms for the chipmaker to receive up to $7.86 billion…

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Money

Warren Buffett Lines Up Successors To Potentially Help Donate $150 Billion Fortune

Key Takeaways Berkshire Hathaway Chief Executive Officer Warren Buffett on Monday said he had identified three people to potentially succeed…

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Most Shared

Climate Diplomacy’s $300 Billion Failure

The problem that the United Nations’ annual climate conference was meant to solve this year was, in one way, straightforward.…

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Tech

Anthropic will use AWS AI chips after $4 billion Amazon investment

Amazon is doubling its investment in Anthropic. The e-commerce giant will provide Anthropic with an additional $4 billion in funding…

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Money

Amcor Buys Consumer Packaging Rival Berry Global in $8.4 Billion All-Stock Deal

Key Takeaways Amcor is acquiring consumer packaging rival Berry Global in an $8.4 billion all-stock deal. Amcor will pay close to…

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Tech

Bitfinex Hacker Gets 5 Years for $10 Billion Bitcoin Heist

In perhaps the most adorable hacker story of the year, a trio of technologists in India found an innovative way…

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World

Billionaire Mukesh Ambani’s Reliance, Disney Complete $8.5 Billion India Merger

Mukesh Ambani, chairman of Reliance Industries Ltd., during the Vibrant Gujarat Global Summit in … [+] Gandhinagar, Gujarat, India, on…

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Entertainment

Disney Expects to Spend $24 Billion on Content Next Year

Disney expects to spend $24 billion in content in its fiscal 2025, up slightly from 2024 when the company says…

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Politics

2024 election ad spending tops $10 billion : NPR

Altogether, $10.5 billion has been spent on campaign ads in the 2024 election cycle, on races from president down to…

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