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Huawei founder: US crackdown will cost the company $30 billion
Huawei’s founder said Monday that the Chinese telecom giant’s revenue will be $30 billion less than foreca.....»»
The US Navy has fired off nearly $1 billion in weapons fighting threats from Iran and the Houthis
Secretary of the Navy Carlos Del Toro's disclosure underscores the growing financial cost of US naval in.....»»
Israel"s Defense Against Iran Attack Overnight "Likely Cost Over $1 Billion"
Israel"s Defense Against Iran Attack Overnight "Likely Cost Over $1 Billion".....»»
Bitcoin tumbles below $40,000 and other coins slide after China signals a crypto crackdown, wiping $280 billion off the market
Virtual currencies can't be used to conduct business as they don't have real value, China's central bank said. Jaap Arriens/NurPhoto via Getty Image.....»»
The ongoing chip shortage is expected to cost the auto industry $110 billion this year, almost double analysts" estimate from January
A consulting firm projects that nearly 4 million fewer vehicles will be sold this year, up from an expected shortfall of 2.2 million. Workers build Ford F-150 trucks at one of the automaker's assembly plants.....»»
The US has approved a huge offshore wind farm off the coast of Martha"s Vineyard - the first of its kind
The project is estimated to cost $2 billion and is part of President Joe Biden's agenda to reduce carbon emissions in the US. R.....»»
Push to electrify mail trucks gains wide support, an unlikely win for both DeJoy and Biden
The Postal Service had long spurned EVs over cost, but House Democrats are lining up behind a White House push to allocate $8 billion for new trucks, paving the way for a fully electric fleet......»»
Capitol Report: Biden’s American Families plan would cost more than White House’s estimate and weigh on GDP, study says
President Joe Biden's American Families Plan would cost $2.5 trillion over the next 10 years, or about $700 billion more than the White House’s estimate, according to a study out Wednesday from Penn Wharton Budget Model analysts......»»
Biden"s American Families Plan will cost $700 billion more than White House estimates, report finds
Penn Wharton Budget Model found.....»»
Tesla CEO Elon Musk"s compensation package is now worth more than $30 billion, with half of targets reached
Musk's cost to acquire the options is $3.5 billion, giving him an immediate profit of about $32 billion once they are exercised. Elon Mus.....»»
Tesla CEO Elon Musk"s compensation package is now worth more than $30 billion with half of targets reached
Musk's cost to acquire the options is $3.5 billion, giving h.....»»
Pandemic job losses, workforce exits cost women $800B in lost income last year
A new report from Oxfam International ties a monetary amount to the pandemic’s devastation for working women. In 2020, women lost more than $800 billion in income globally, CNN reports, which is more than the combined gross domestic product of .....»»
"Staggering" Damage To New York City Tourism Cost City $1.2 Billion In Tax Receipts In 2020
"Staggering" Damage To New York City Tourism Cost City .....»»
Amid SEC Crackdown, Southeast Asian Delivery App Grab Going Public In Record $40 Billion SPAC
Amid SEC Crackdown, Southeast .....»»
Amtrak is being offered $80 billion for upgrades, as part of Biden"s infrastructure plan, but experts say modernizing America"s railways may cost far more
Transport experts said the most important part of the plan was the modernization of routes already in place - the ones t.....»»
Pandemic drop in drivers, riders cost Illinois and transit agencies more than $1 billion in lost revenue, study shows
Fewer drivers on the roads and passengers on trains and buses during the COVID-19 pandemic have cost Illinoi.....»»
Airline partners authorize restart, budget increase for new terminal at PIT now expected to cost $1.4 billion
The airline partners servicing the region's large.....»»
Sun Country Airlines" IPO prices above the expected range, to value company at more than $1.3 billion
Sun Country Airlines Holdings Inc.'s stock is set to start trading Wednesday, after the Minneapolis-based low-cost air carrier said overnight that its initial public offering priced at $24, to value the company at $1.34 billion. That w.....»»
Tencent sheds $65 billion in 2 days as investors fear a Chinese government crackdown
Chinese authorities are stepping up its scrutiny of the country's fintech firms, and Tencent could be in the firing line. Pony Ma is chief executive of Tencent VCG/Getty Images Tencent shares .....»»
The Texas winter storm could cost insurers over $20 billion
The Texas winter storm is expected to be the most expensive weather event in the state's history, costing insurers over $20 billion. Repairing damage from the Texas winter storm could cost insurance companies more than $20 billion.In.....»»