billion – Page 25 – Freedom 96.9

Factbox-Trump’s tariff refunds may total up to $182 billion, estimates find

Friday, March 6 by SRN News

WASHINGTON, March 5 (Reuters) - A federal judge on Wednesday ordered the U.S. government to begin paying refunds of President Donald Trump's emergency tariffs that the U.S. Supreme Court deemed illegal in late February. This could ultimately return $168 billion to $182 billion to... Read More.

Report: Canes selling 12.5% of franchise at $2.66 billion valuation

Thursday, March 5 by SRN News

Carolina Hurricanes owner Tom Dundon has reached an agreement to sell one-eighth of the NHL team to three new minority partners, according to a Sportico report on Thursday. When extrapolated, Dundon's deal for 12.5 percent of the Hurricanes suggests that the value of the franchise... Read More.

Broadcom rallies as it touts more than $100 billion in AI chip sales in 2027

Thursday, March 5 by SRN News

March 5 (Reuters) - Broadcom shares jumped about 7% before the bell on Thursday after the company said it expects artificial intelligence chip sales to top $100 billion in 2027, as it pushes into a market long ruled by Nvidia. Big Tech firms such as... Read More.

Moderna rises on $2.25 billion settlement, clearing COVID vaccine patent dispute overhang

Wednesday, March 4 by SRN News

By Puyaan Singh March 4 (Reuters) - Moderna shares rose 9% on Wednesday after it settled a long-running legal battle over the technology that made its COVID-19 vaccine possible, removing an overhang and allowing it to focus on its pipeline. Analysts noted the settlement, which involves... Read More.

Exclusive-Japan, US aim to add nuclear power project to $550 billion investment package, sources say

Wednesday, March 4 by SRN News

TOKYO, March 4 (Reuters) - Japan and the United States are working to include a nuclear power project in the second round of deals under Japan's $550-billion investment package, two people with knowledge of the matter told Reuters on Wednesday. The nuclear power project, which... Read More.

Adidas expects operating profit to rise to 2.3 billion euros in 2026

Wednesday, March 4 by SRN News

BERLIN, March 4 (Reuters) - German sportswear maker Adidas on Wednesday said it expected its operating profit to increase to around 2.3 billion euros ($2.7 billion) this year, despite around a 400-million-euro impact from U.S. tariffs and unfavourable currency developments. Currency-neutral revenues were expected to... Read More.

Bayer projects up to 10.1 billion eur in adj earnings this year

Wednesday, March 4 by SRN News

FRANKFURT, March 4 (Reuters) - German pharmaceuticals and crop protection group Bayer said on Wednesday it is targeting adjusted earnings of up to 10.1 billion euros ($11.7 billion) this year, when excluding the effect of currency swings. In a statement, the company said 2026... Read More.

Blackstone’s $4 billion New World talks stall over control, Bloomberg News reports

Wednesday, March 4 by SRN News

March 4 (Reuters) - Talks between Blackstone and New World Development have stalled as the Cheng family resists giving up control of the Hong Kong property developer, Bloomberg News reported on Wednesday, citing people familiar with the matter. The New York-based private equity firm proposed... Read More.

Moderna agrees to pay up to $2.25 billion to settle COVID vaccine patent dispute

Tuesday, March 3 by SRN News

March 3 (Reuters) - Moderna has agreed to pay Genevant Sciences, a subsidiary of Roivant Sciences, and Arbutus Biopharma up to $2.25 billion to settle a long-running legal fight over the technology that made its COVID-19 vaccine possible, the companies said on Tuesday. Under the... Read More.

Disney secures new $5.25 billion short-term credit line

Tuesday, March 3 by SRN News

March 3 (Reuters) - Walt Disney said on Tuesday it has secured a new $5.25 billion credit agreement that will mature in less than a year and replace its prior facility of the same amount. (Reporting by Jaspreet Singh in Bengaluru) Brought to you by... Read More.

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