Tag Archives: Billion

Americans are expected to spend $30 billion betting on the upcoming NFL season

Americans are expected to spend $30 billion betting on the upcoming NFL season Rachael Davies The American Gaming Association (AGA) has estimated that Americans will spend a collective $ 30 billion on NFL bets in the 2025 season. Data from the AGA estimates that Americans will wager $ 30 billion on the upcoming 2025 NFL … Continue reading Americans are expected to spend $30 billion betting on the upcoming NFL season

Home Depot announces $4.3 billion deal to acquire GMS building products distributor

June 30, 2025 Home Depot announces $4.3 billion deal to acquire GMS building products distributor BY Associated Press Home Depot is buying specialty building products distributor GMS Inc. in a deal valued at approximately $4.3 billion. The Atlanta home improvement chain said Monday the transaction will help strengthen Home Depot’s relationship with professional contractors. GMS of … Continue reading Home Depot announces $4.3 billion deal to acquire GMS building products distributor

Cable giants Cox and Charter agree to $34 billion merger

  Cable giants Cox and Charter agree to $34 billion merger The merger will need to pass antitrust enforcement. matt tate Updated Sat, May 17, 2025   Charter Two of the largest cable companies in the US are intent on merging. Charter Communications’ proposed acquisition of Cox Communications — the largest division of Cox Enterprises … Continue reading Cable giants Cox and Charter agree to $34 billion merger

Deliveroo shares surge following DoorDash’s $3.6 billion proposed takeover

April 28, 2025 Deliveroo shares surge following DoorDash’s $3.6 billion proposed takeover BY Associated Press Shares of Deliveroo, the food delivery service based in London, are hitting three-year highs on Monday after it received a $3.6 billion proposed takeover offer from DoorDash. Deliveroo announced the bid after markets closed in Europe on Friday. On Monday, the … Continue reading Deliveroo shares surge following DoorDash’s $3.6 billion proposed takeover

Intel’s anticipated $28 billion chip factories in Ohio are delayed until 2030

February 28, 2025 Intel’s anticipated $28 billion chip factories in Ohio are delayed until 2030 After its expensive bid to become a contract chip manufacturer for other companies strained its balance sheet, Intel has been cutting capital expenses. BY Reuters Intel‘s promised $28 billion chip fabrication plants in Ohio are facing further delays, with the first … Continue reading Intel’s anticipated $28 billion chip factories in Ohio are delayed until 2030

Elon Musk’s $56 billion payday struck down again by this Delaware judge

Chancellor McCormick also rejected a massive fee request by plaintiff attorneys. BY Associated Press A Delaware judge has reaffirmed her ruling that Tesla must revoke Elon Musk’s multibillion-dollar pay package. Chancellor Kathaleen St. Jude McCormick on Monday denied a request by attorneys for Musk and Tesla’s corporate directors to vacate her ruling earlier this year requiring … Continue reading Elon Musk’s $56 billion payday struck down again by this Delaware judge

$4 billion more: Amazon deepens its bet on generative AI with Anthropic

Anthropic’s safety-first approach to AI development aligns with Amazon’s strategy to lead in both innovation and ethical AI. BY Sarah Bregel Competition among generative AI companies is heating up. On Friday, Amazon announced it would invest another $4 billion in the generative AI company, Anthropic. In little more than a year, the tech giant has now … Continue reading $4 billion more: Amazon deepens its bet on generative AI with Anthropic