Tag Archives: Billion

Trump Administration to Withhold $18 Billion for N.Y.C. Infrastructure  The New York Times White House freezes $18 billion in New York City infrastructure funding  NBC News Trump to withhold billions of dollars from Gateway tunnel and Second Ave. subway projects  Politico Trump administration freezes $18 billion in New York City infrastructure projects, Vought says  CNBC Trump team puts on hold $18 billion in funding …

White House budget director Russell Vought said Wednesday that the Trump administration was putting on hold billions of dollars of funding for infrastructure projects in New York City, hours after the federal government shut down. Vought wrote on X that he would be pausing $18 billion in funding for infrastructure projects to “ensure” that the money was not “flowing based …

Amazon is preparing to send settlement money to some Prime customers. The e-commerce giant is paying a historic $2.5 billion settlement with the Federal Trade Commission, over allegations that it “enrolled millions of consumers in Prime subscriptions without their consent, and knowingly made it difficult for consumers to cancel,” according to an announcement from the FTC. As part of the …

Exclusive | Berkshire Hathaway Near $10 Billion Deal for Occidental’s Petrochemical Unit  The Wall Street Journal Warren Buffett is reportedly eyeing Berkshire Hathaway’s biggest deal in three years  CNBC Berkshire’s Potential Deal for Occidental Chemical Business Would Be a Win for Buffett  Barron’s Buffett’s Berkshire Nears Deal to Buy OxyChem for $10 Billion  Yahoo Finance Occidental in talks to sell OxyChem unit for at …

Silver Lake Cements Power Broker Status With $55 Billion EA Deal  Bloomberg.com Video gamer Electronic Arts to be bought in largest-ever private equity buyout valued at $55 billion  AP News Moody’s Says It’s Likely to Cut Electronic Arts, Following S&P  Bloomberg.com Exclusive | Videogame Giant Electronic Arts Nears Roughly $50 Billion Deal to Go Private  The Wall Street Journal How Jared Kushner brokered the …

Berkshire Nears $10 Billion Deal for OxyChem, WSJ Says  Bloomberg.com Warren Buffett is reportedly eyeing Berkshire Hathaway’s biggest deal in three years  CNBC Buffett’s Berkshire Hathaway nears $10bn deal for Occidental’s petrochemical unit  Financial Times Occidental Petroleum Stock Is Rising. Here’s Why.  Barron’s Berkshire in talks to buy Occidental’s OxyChem for about $10 billion, WSJ reports  Reuters Source link

Mets Owner Steve Cohen Moves Closer to Winning $8 Billion Casino Bid  Bloomberg.com NYC casino proposal at Citi Field in Queens is 4th and final plan to advance to NY state consideration  ABC7 New York Metropolitan Park receives unanimous CAC approval as 4 projects move forward in race for 3 downstate licenses  qns.com Mets lose, but billionaire owner Steve Cohen’s $8B casino bid …

CoreWeave signs $14 billion AI infrastructure deal with Meta  Reuters CoreWeave stock climbs 13% after company lands $14 billion deal with Meta  CNBC CoreWeave stock surges as reported $14 billion Meta deal signals ‘limitless’ AI demand  Yahoo Finance CoreWeave Stock Jumps On Expanded Meta Cloud Computing Agreement  Investor’s Business Daily CoreWeave Inks $14 Billion Meta Deal, Highlighting AI Demand  Bloomberg.com Source link

Amazon agreed to a whopping $2.5 billion settlement with the Federal Trade Commission (FTC) last week over allegedly “deceptive” practices in signing up users to its paid Amazon Prime subscription service. Out of that settlement, Amazon will pay a $1 billion civil penalty to the U.S. government. The other $1.5 billion? That’s the Consumer Fund, and it’s going to be …

Electronic Arts, the maker of video games like “Madden NFL,” “Battlefield,” and “The Sims,” is being acquired by an investor group including Saudi Arabia’s sovereign wealth fund in the largest private equity-funded buyout in history. The investors, who also include a firm managed by Jared Kushner, President Donald Trump’s son-in-law, and the private equity firm Silver Lake Partners, valued the …