The Mega Millions jackpot keeps growing. There’s a $1.1 billion top prize at stake on Tuesday night, following the news that no one won Friday’s drawing. While that doesn’t come Read more
Tag: billion
Online holiday sales top $210 billion, beating expectations
Online shoppers spent more than $200 billion for the holidays for the second-straight year, breaking another record, with sales spiking above $11 billion on Cyber Monday alone, according to data Read more
FedEx expects to cut costs by an extra $1 billion as earnings beat but sales come up well short of target
FedEx Corp. on Tuesday said it planned to slash an extra $1 billion in costs beyond what it outlined in September, bringing those total expected cuts to roughly $3.7 billion, Read more
Wells Fargo ordered to pay $3.7 billion for alleged mismanagement of auto, mortgages and deposit accounts
The Consumer Financial Protection Board (CFPB) on Tuesday said it is requiring Wells Fargo & Co. to pay $3.7 billion for alleged widespread mismanagement of auto loans, mortgages and deposit Read more
Elon Musk just sold $3.6 billion more in Tesla stock as Twitter turmoil continues
Tesla Inc. Chief Executive Elon Musk just sold nearly $3.6 billion more of the company’s stock, according to a filing with the Securities and Exchange Commission released late Wednesday. Musk Read more
Amgen confirms to acquire Horizon Therapeutics in cash deal valued at about $27.8 billion
Amgen Inc. AMGN, -2.42% has agreed to acquire Horizon Therapeutics Plc HZNP, +0.39% in an all-cash deal valued at $27.8 billion, confirming earlier reports and a deal that was first Read more
FTC sues to block Microsoft’s $69 billion acquisition of game giant Activision Blizzard
The Federal Trade Commission on Thursday sued Microsoft Corp. to block its $69 billion deal to buy Activision Blizzard Inc. The acquisition, which would be Microsoft’s MSFT, +0.83% largest and Read more
NRG Energy buying Vivint Smart Home in $5.2 billion deal
NRG Energy Inc. NRG, -0.99% said Tuesday it will pay $12 a share or $2.8 billion in cash for Vivint Smart Home Inc. VVNT, -4.67% and assume $2.4 billion of Read more
U.S. trade deficit in goods jumps almost 8% to $99 billion as exports sag
The numbers: The trade deficit in goods widened 7.7% in October to a five-month high of $99 billion, as a strong dollar and weakening global economy dented U.S. exports. The trade Read more
State Street and Brown Brothers Harriman walk away from $3.5 billion deal for BBH Investor Services unit
State Street Corp. STT, +0.56% said Wednesday it reached an agreement with Brown Brothers Harriman & Co. (BBH) to terminate its acquisition of BBH’s Investors Services unit because of regulatory Read more