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Ho Ho Hum. $13 Billion Spent on Unwanted Gifts

Maybe you should rethink the socks No one’s perfect when it comes to choosing holiday gifts for a friend or loved one. But we might be even worse than we thought. A new study from Finder.com estimates Americans are expe.....»»

Category: europeSource: fortuneDec 14th, 2018

China"s 2022 Military Spending Reaches $710 Billion, Over Triple What Beijing Announced

China's 2022 Military Spending Reaches $710 Billion, Over Triple What Beijing Announced By Frank Fang of Epoch Times China’s communist regime spent $710.6 billion on its military in 2022, more than three times Beijing’.....»»

Category: personnelSource: nytMay 7th, 2024

Apple Has Spent $183 Billion on R&D in Less Than 12 Years -- but It"s the $674 Billion Apportioned to This "Investment" That"s Turning Heads

Apple Has Spent $183 Billion on R&D in Less Than 12 Years -- but It"s the $674 Billion Apportioned to This "Investment" That"s Turning Heads.....»»

Category: topSource: yahooMay 7th, 2024

Microsoft"s going to keep spending big as AI continues to boom

The company shelled out nearly $11 billion for property and equipment in the third quarter — 66% more than it spent in the same period a year ago. Microsoft CEO Satya NadellaJustin Sullivan/Getty ImagesMicrosoft plans to boost spen.....»»

Category: topSource: businessinsiderApr 26th, 2024

New Marine One helicopters the US spent $5 billion on aren"t allowed to carry the president because they could scorch the lawn

The rotors and engine exhaust of the Sikorsky-manufactured VH-92 Patriot can occasionally burn the grass when it lands, Bloomberg reported. A US Marine Corps VH-.....»»

Category: dealsSource: nytApr 23rd, 2024

Cryptos: Bitcoin pizza day? Laszlo Hanyecz spent $3.8 billion on pizzas in the summer of 2010 using the novel crypto

It's Bi.....»»

Category: topSource: marketwatchMay 22nd, 2021

Outside the Box: Waiving COVID-19 vaccine patents would be disastrous

The U.S. government spent at least $12.4 billion through Operation Warp Speed......»»

Category: topSource: marketwatchMay 19th, 2021

The UK"s state-run investment bank won"t say where it spent £1 billion of taxpayer money

The government has repeatedly given millions in pandemic-related contracts to friends of ministers and Conservative MPs. UK Prime Minister Boris Johnson. Getty.....»»

Category: personnelSource: nytMay 12th, 2021

Warren Buffett"s Berkshire Hathaway sold a net $4 billion of stock and slowed buybacks in the 1st quarter

The famed investor's company spent $6.6 billion on share repurchases, significantly less than in the past two quarters. Warren Buffett. REUTERS/Rick Wilking Warren Buffett's Berkshire Hathaway sold s.....»»

Category: topSource: businessinsiderMay 1st, 2021

How America"s state police got military weapons

The US has spent over $15.4 billion on the militarization of police. How did local police acqui.....»»

Category: topSource: businessinsiderApr 28th, 2021

OnlyFans has boomed during lockdown. Users spent $2.4 billion on the adult-entertainment site in 2020, and 120 million people now use it.

O.....»»

Category: topSource: businessinsiderApr 27th, 2021

Wall Street spent a record $2.9 billion on political contributions and lobbying in 2019 and 2020, a new study shows. Here"s who spent, and received, the most cash.

Financial-services firms spent much more on Biden than on Trump, and Bloomberg LP spent more than any other firm, data suggests. President Joe Biden and former president Donald Trump. Tasos Katopodis/Getty Images, Drew Angerer/Getty Images Wa.....»»

Category: smallbizSource: nytApr 16th, 2021

Zoom CEO Eric Yuan transferred 40% of his stock in the video-chat app in line with "typical estate planning practices"

Yuan's transactions were recorded as two gifts of 9 million shares each, valued at about $6 billion, to unspecified beneficiaries on March 3. Zoom CEO Eric Yuan. Kena Betancur/Getty Images Zoom CEO Eric Yu.....»»

Category: dealsSource: nytMar 9th, 2021

: Why Verizon, AT&T and T-Mobile just spent $80 billion in an auction, and what it will mean for 5G

The three major U.S. wireless companies spent heavily at a recent wireless spectrum auction that raked in a record $81.2 billion and is expected to dramatically shape the telecommunications industry for years to come......»»

Category: topSource: marketwatchFeb 25th, 2021

Colorado investigates as Polis cautions Xcel Energy, utilities about passing on storm costs

After Xcel Energy spent at least $1.2 billion on natural gas during the Valentine's Day weekend deep freeze, Colorado moves to keep consumers from feeling it on their bills......»»

Category: topSource: bizjournalsFeb 24th, 2021

Report: Knight family"s $1.37 billion in 2020 philanthropy ranks No. 4

Nike co-founder Phil Knight and wife Penny Knight ranked No. 4 nationally in philanthropy in 2020 with $1.37 billion in charitable gifts, according to a new report from the Chronicle of Philanthropy. The total was slightly higher than a January r.....»»

Category: topSource: bizjournalsFeb 12th, 2021

SMIC to focus on non-FinFET capacity expansion in 2021

Semiconductor Manufacturing International (SMIC), China's most advanced and largest pure-play foundry, has set its capex target this year at US$4.3 billion in which the majority will be spent on its non-FinFET capacity expansion......»»

Category: topSource: digitimesFeb 5th, 2021

Warren Buffett"s Berkshire Hathaway has scored a 3,000% gain on its BYD investment. Here"s the story of its bet on the Chinese electric-vehicle company.

The famed investor's company spent $232 million in 2008 to secure a stake worth more than $7 billion today. BYD founder and CEO Wang Chuanfu, Charlie Munger, and Warren Buffett celebrate at a car launch. REUTERS/Jason Lee Warren Buffet.....»»

Category: personnelSource: nytJan 23rd, 2021

Warren Buffett"s Berkshire Hathaway has scored a 30x gain on its BYD investment. Here"s the story of its bet on the Chinese electric-vehicle company.

The famed investor's company spent $232 million in 2008 to secure a stake worth more than $7 billion today. BYD founder and CEO Wang Chuanfu, Charlie Munger, and Warren Buffett celebrate at a car laun.....»»

Category: dealsSource: nytJan 23rd, 2021

Autotrader: Prepare to spend more on gas this year

Drivers spent nearly $100 billion less on fuel in 2020 than they did the year before, but don't expect the trend to continue......»»

Category: topSource: marketwatchJan 11th, 2021

Warren Buffett"s Berkshire Hathaway likely scored a $50 billion gain on Apple in 2020

The famed investor's company spent about $35 billion to build an Apple stake worth $125 billion at the end of December. Warren Buffett AP Images Warren Buffett's Berkshire Hathaway probably made a $50 billion g.....»»

Category: dealsSource: nytJan 5th, 2021