Tag Archives: Billion

Florida’s biggest utility company is proposing a nearly $10 billion rate hike for electricity over the next four years, which environmental advocates say would represent the largest utility hike in U.S. history. Florida Power & Light Company (FPL), a subsidiary of Florida-based energy company NextEra Energy, outlined the changes in a petition filed in February with the Florida Public Service …

Uber Sees Demand Accelerating, Approves $23 Billion Buyback  The Wall Street Journal Uber beats on revenue, announces $20 billion stock buyback  CNBC Uber Boosts Buybacks by $20 Billion After Upbeat Forecast  Bloomberg Uber bets on loyalty program to drive growth, unveils $20 billion buyback plan  Yahoo Finance Uber Stock Falls After Earnings. It’s Brushing Off the Robo-Taxi Threat.  Barron’s Source link

WASHINGTON (AP) — Apple CEO Tim Cook joined President Donald Trump at the White House on Wednesday to announce a commitment by the tech company to increase its investment in U.S. manufacturing by an additional $100 billion over the next four years. “This is a significant step toward the ultimate goal of ensuring that iPhones sold in the United States …

Topline President Donald Trump on Wednesday announced another $100 billion investment by Apple to expand manufacturing in the U.S., adding to a $500 billion commitment announced earlier this year by Tim Cook featuring plans for a new factory in the country and tens of thousands of new jobs. https://www.cnbc.com/2025/08/06/trump-trade-india-tariffs-russia.html AFP via Getty Images Key Facts Trump’s announced a new “American …

As DoorDash reports its latest financial results on Wednesday, it’s clear that the 12-year-old company has dominated the restaurant delivery wars in the U.S. over Uber Eats and Grubhub, owning somewhere around two-thirds of the market thanks in part to its prescient move into the suburbs that was supercharged by COVID-19 lockdowns. That market lead alone has encouraged investors to …

Trump to Announce Additional $100 Billion Apple Investment in U.S.  The New York Times Apple shares pop 5% ahead of Trump-Cook investment announcement at White House  CNBC Trump to announce Apple’s plan to invest $100bn in US manufacturing  The Guardian Donald Trump pressure extracts $100bn Apple investment pledge  BBC Apple to invest another $100B in U.S. as Trump applies pressure  Axios Source link

Uber Technologies (NYSE: UBER) reported fiscal second-quarter 2025 results on Wednesday. The company reported a quarterly revenue growth of 18% year-on-year to $12.65 billion, beating the analyst consensus estimate of $12.46 billion. Uber reported adjusted EPS of 63 cents, which beat the analyst consensus estimate of 62 cents. Revenue from Mobility grew to $7.3 billion, up 19% Y/Y. Delivery was $4.1 billion, up 25%, and Freight …

UCLA has more than half a billion dollars in funding suspended by Trump administration  Politico UC says Trump’s grant suspensions at UCLA total $584 million, a ‘death knell’ for research  Los Angeles Times Trump is now targeting UCLA. Will UC follow other elite colleges to appease him?  San Francisco Chronicle Suspended UC grants  LAist ‘Immediately rescind’: UC researchers ask judge to undo Trump’s UCLA …

How Trump’s $150 billion tariff brag could backfire  Politico Congress has deferred to presidents on tariffs, says Jonathan Turley  Fox News Record US farm trade deficit fuels legal fight over Trump’s tariff powers  Investigate Midwest Trump tariffs and the courts: Round 2  Peterson Institute for International Economics What happens next in the US court battle over Trump’s tariffs?  Reuters Source link

WASHINGTON (Reuters) -Apple Inc will announce a domestic manufacturing pledge of $100 billion on Wednesday that will focus on bringing more manufacturing to the United States, a White House official said. The pledge would be a new financial commitment on top of what Apple has already pledged, the official said on customary condition of anonymity. Apple said in February it …