The United States is studying the possibility of slapping $3.1 billion in additional tariffs on goods from the United Kingdom, France, Germany and Spain — […]
Tag: billion
Wirecard ‘fintech’ CEO arrested after regulators find $2 billion missing
The former CEO of the German payments firm Wirecard was arrested on Tuesday on suspicion of falsifying accounts, after the company disclosed a $2.1 billion […]
America’s $100 billion convention industry is back, but changed forever
Small signs of optimism are returning to the $100 billion convention industry. After two months of declines, more convention and meeting planners now say they’re […]
Trump’s $200 billion trade deal with China already at risk due to coronavirus
China’s commitment to purchase $200 billion in U.S. exports by the end of 2021 has been badly sidelined by the dual supply-and-demand shock delivered by […]
Warren Buffett’s Berkshire Hathaway reports nearly $50 billion loss
OMAHA, Neb. — Warren Buffett’s company reported a nearly $50 billion loss on Saturday because of a huge drop in the paper value of its […]
Tesla loses $13 billion in market value after Elon Musk tweets its stock price is ‘too high’
Shares of Tesla dropped as much as 12 percent Friday before closing down 10.3 percent after CEO Elon Musk tweeted that the company’s shares are […]
Small business loan program just hit its $350 billion cap and is now out of money
One of the main coronavirus relief fund sources for suffering small businesses hit its $350 billion limit Thursday and is no longer accepting any more […]
Will the airline industry get its $25 billion bailout?
Reports that Congress has reached a deal on a $2 trillion stimulus bill that would include $25 billion in grants to help airlines pay their […]
Apple fined record $1.2 billion by French antitrust authorities
Apple was fined 1.1 billion euros ($1.23 billion) for anti-competitive behavior Monday by the French antitrust authorities. The French competition authority said the iPhone maker […]