Tag Archives: Billion

(Reuters) -Bank of America said on Wednesday its board has authorized a $40 billion stock repurchase program. The new buyback program, which will take effect on August 1, will replace the current authorization, which had about $9.1 billion in repurchases remaining as of June 30, the bank said. The biggest U.S. lenders have enough capital to withstand a hypothetical severe …

President Donald Trump’s media company just bought a stash of the world’s largest cryptocurrency. On Monday morning, Trump Media and Technology announced that it had acquired $2 billion in Bitcoin and Bitcoin-related securities. It also reserved $300 million to buy Bitcoin options.  The market appeared to approve of the move as stock in Trump’s firm jumped 7.2% on Monday morning …

OpenAI is seeking capital from new and existing investors, two people familiar with the company’s plans tell WIRED. The fundraising effort is part of a $40 billion round announced in March. The round will reopen on Monday, July 28, according to one of the sources, who has direct knowledge of the fundraising effort. The $40 billion round announced earlier this …

GM Stock Falls After It Reports a $1.1 Billion Hit From Tariffs  Barron’s G.M. Profit Shrinks on Billion-Dollar Tariff Hit  The New York Times General Motors takes $1.1 billion tariff hit, dinging profit and sending stock reeling  MarketWatch GM Is Built to Weather This Policy Storm  Bloomberg GM quarterly profit slumps 35%, but it sticks by full year outlook that was lowered in May  AP …

GM Profit Shrinks After $1.1 Billion Tariff Hit  The Wall Street Journal GM’s latest tariff hit: $1.1 billion  CNN G.M. Profit Shrinks on Billion-Dollar Tariff Hit  The New York Times GM says Trump tariffs knocked $1.1bn off its operating income last quarter  theguardian.com General Motors takes $1.1 billion tariff hit, dinging profit and sending stock reeling  MarketWatch Source link

GM Profit Falls as Trump Tariffs Add $1.1 Billion in Costs  Bloomberg.com G.M. Profit Shrinks on Billion-Dollar Tariff Hit  The New York Times Trump tariffs take a $1 billion bite out of GM earnings; shares fall  MSN GM beats earnings estimates as CEO says automaker works to ‘greatly reduce’ tariff exposure  CNBC GM’s core profit slides in second quarter as Trump’s tariffs bite  Yahoo Finance …

The office building of international biopharmaceutical company AstraZeneca. Cfoto | Future Publishing | Getty Images AstraZeneca on Monday said it plans to invest $50 billion in bolstering its U.S. manufacturing and research capabilities by 2030, becoming the latest pharmaceutical firm to ramp up its stateside spending in the wake of U.S. trade tariffs. The Anglo-Swedish biotech company, which is headquartered …

In brief Trump Media announced on Monday that it had purchased $2 billion in Bitcoin. The publicly traded firm unveiled its Bitcoin acquisition strategy in May. Shares of Trump Media are up roughly 6% following the announcement. Trump Media & Technology Group has purchased $2 billion in Bitcoin and BTC-related securities for its corporate treasury, the company said Monday in …

Stellantis, the maker of Jeep and Ram vehicles, says its preliminary estimates show a 2.3 billion euros ($2.68 billion) net loss in the first half of the year due to U.S. tariffs and some hefty charges. The automaker anticipates an impact of about 300 million euros for net tariffs incurred, and also expects planned production losses related to implementing its …

May James/SOPA Images/LightRocket via Getty Images 2025-07-21T18:07:24Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Trump Media and …