billion – Page 13 – Freedom 96.9

SoftBank seeks $10 billion margin loan backed by OpenAI shares, Bloomberg News reports

Wednesday, April 22 by SRN News

April 22 (Reuters) - SoftBank Group is seeking a $10 billion loan secured by its shares in ChatGPT maker OpenAI, Bloomberg News reported on Wednesday, citing sources. The two-year margin loan would carry an option for SoftBank to extend the borrowing by an additional year,... Read More.

A Moldovan oligarch and ex-opposition leader gets a 19-year sentence in a $1 billion bank fraud case

Wednesday, April 22 by SRN News

CHISINAU, Moldova (AP) - A court in Moldova sentenced a former opposition leader and one of the nation's richest men on Wednesday to 19 years in a fraud case that saw a billion dollars stolen from several of the impoverished European country's banks more... Read More.

OpenAI in talks to commit up to $1.5 billion to private equity JV, FT reports

Wednesday, April 22 by SRN News

April 22 (Reuters) - Artificial intelligence firm OpenAI is set to commit up to $1.5 billion to a new joint venture with private equity firms, Financial Times reported on Wednesday, citing people familiar with the matter. The ChatGPT maker will initially invest $500 million... Read More.

US transportation secretary seeks $10 billion for air traffic control overhaul

Tuesday, April 21 by SRN News

By David Shepardson WASHINGTON, April 21 (Reuters) - U.S. Transportation Secretary Sean Duffy said he was seeking $10 billion from Congress for the next phase of a massive effort to modernize America's aging air traffic control system and reduce systemic flight disruptions. Last year, Congress awarded... Read More.

Trump’s $1.5 trillion defense budget includes $750 billion for ships, jets and Golden Dome

Tuesday, April 21 by SRN News

By Mike Stone WASHINGTON, April 21 (Reuters) - The Pentagon on Tuesday unveiled more details of President Donald Trump's $1.5 trillion defense budget request for fiscal year 2027, by far the largest year-over-year increase in defense spending in the post-World War Two era. In a new... Read More.

USA Rare Earth buys Brazil’s Serra Verde for $2.8 billion, extending takeover spree

Monday, April 20 by SRN News

By Eric Onstad LONDON, April 20 (Reuters) - USA Rare Earth agreed on Monday to buy Brazilian rare earths miner Serra Verde for $2.8 billion, adding another company to its expanding mining, processing and magnet-making portfolio. In less than a year, USA Rare Earth's international acquisition... Read More.

Blue Owl agrees to buy healthcare REIT Sila Realty Trust for $2.4 billion

Monday, April 20 by SRN News

By Isla Binnie and Kritika Lamba NEW YORK, April 20 (Reuters) - Blue Owl Capital's real assets division has agreed to acquire Sila Realty Trust, a healthcare-focused real estate investment trust, in an all-cash deal valued at about $2.4 billion, the companies said on Monday. Blue... Read More.

Honeywell to sell productivity solutions unit to Brady for $1.4 billion

Monday, April 20 by SRN News

April 20 (Reuters) - Honeywell has agreed to sell its productivity solutions and services unit to industrial equipment maker Brady in an all-cash deal worth $1.4 billion, the conglomerate said on Monday, as it aims to streamline its sprawling businesses. The industrial... Read More.

TopBuild shares jump after $17 billion QXO deal

Monday, April 20 by SRN News

April 20 (Reuters) - Shares of U.S. building products distributor and installer TopBuild jumped nearly 20% in premarket trading on Monday, a day after the company agreed to be acquired by construction supplies distributor QXO in a $17 billion deal amid industry-wide consolidation. Unanimously... Read More.

Eli Lilly in advanced talks to acquire Kelonia Therapeutics for over $2 billion, WSJ says

Sunday, April 19 by SRN News

April 19 (Reuters) - Eli Lilly is in advanced talks to acquire Kelonia Therapeutics for more than $2 billion, the Wall Street Journal reported on Sunday. Reuters could not immediately verify the report. (Reporting by Mihika Sharma in Bengaluru; Editing by Lisa Shumaker) Brought... Read More.

Current Weather

Stories tagged with: billion

SoftBank seeks $10 billion margin loan backed by OpenAI shares, Bloomberg News reports

A Moldovan oligarch and ex-opposition leader gets a 19-year sentence in a $1 billion bank fraud case

OpenAI in talks to commit up to $1.5 billion to private equity JV, FT reports

US transportation secretary seeks $10 billion for air traffic control overhaul

Trump’s $1.5 trillion defense budget includes $750 billion for ships, jets and Golden Dome

USA Rare Earth buys Brazil’s Serra Verde for $2.8 billion, extending takeover spree

Blue Owl agrees to buy healthcare REIT Sila Realty Trust for $2.4 billion

Honeywell to sell productivity solutions unit to Brady for $1.4 billion

TopBuild shares jump after $17 billion QXO deal

Eli Lilly in advanced talks to acquire Kelonia Therapeutics for over $2 billion, WSJ says

On Air Now

Lee Matthews

On Air Next

Joe Pags

Political News

NAACP says US Postal Service voting plan violates settlement

Steve Hilton, top Republican hopeful for California governor, says the state has lost its way

Trump signs order to make it easier to fire 8,000 federal workers

Trump’s primary endorsement winning streak just ended in Iowa

OpenAI’s Altman to urge US lawmakers not to require AI model approvals