billion – Page 41 – Freedom 96.9

US FAA to spend $6 billion on air traffic telecom, radar systems

Tuesday, December 16 by SRN News

WASHINGTON, Dec 16 (Reuters) - The head of the Federal Aviation Administration said Tuesday the agency is committing $6 billion by the end of the year on new air traffic control telecom infrastructure and radar surveillance systems that will be deployed by the end... Read More.

Britain’s BBC is both beloved and maligned. Now it faces a $10 billion Trump lawsuit

Tuesday, December 16 by SRN News

LONDON (AP) - U.S. President Donald Trump is suing the BBC for $10 billion over a television documentary he claims was "false, defamatory, deceptive, disparaging, inflammatory and malicious." Britain's national broadcaster has apologized to Trump over the way it edited a speech in the program,... Read More.

Global insured catastrophe losses set to hit $107 billion in 2025, report shows

Tuesday, December 16 by SRN News

Dec 16 (Reuters) - Annual global insured losses from natural catastrophes are expected to hit $107 billion in 2025, driven by the Los Angeles wildfires and severe convective storms in parts of the United States, a Swiss Re Institute study showed on Tuesday. The U.S.... Read More.

Ford’s $19.5 billion EV writedown: five things to know

Monday, December 15 by SRN News

By Mike Colias Dec 15 (Reuters) - Ford Motor announced a $19.5 billion charge on electric-vehicle investments on Monday, the most visible sign to date of the auto industry's pullback from a technology carmakers wholeheartedly embraced early this decade. Much of that sum reflects expenses related... Read More.

Trump sues BBC for $10 billion, accusing it of defamation over editing of president’s Jan. 6 speech

Monday, December 15 by SRN News

WASHINGTON (AP) - President Donald Trump filed a lawsuit Monday seeking $10 billion in damages from the BBC, accusing the British broadcaster of defamation as well as deceptive and unfair trade practices. The 33-page lawsuit accuses the BBC of broadcasting a "false, defamatory, deceptive, disparaging,... Read More.

Trump sues the BBC for defamation over editing of January 6 speech, seeks up to $10 billion in damages

Monday, December 15 by SRN News

By Jack Queen and David Thomas Dec 15 (Reuters) - President Donald Trump sued the BBC on Monday for defamation over edited clips of a speech that made it appear he directed supporters to storm the U.S. Capitol, opening an international front in his fight... Read More.

Ford retreats from EVs, takes $19.5 billion charge as Trump policies take hold

Monday, December 15 by SRN News

(Corrects the location of the battery plant to Kentucky, not Tennessee, in paragraph 3) By Nora Eckert Dec 15 (Reuters) - Ford Motor said on Monday it will take a $19.5 billion writedown and is killing several electric-vehicle models, in the most dramatic example yet of... Read More.

Dodgers owe $1.06 billion in deferred money to 9 players through 2047 after Edwin Díaz deal

Monday, December 15 by SRN News

NEW YORK (AP) - Edwin Díaz won't receive all of his $69 million from the Dodgers until 2047, with the closer's deal raising deferred payment obligations for the two-time World Series champions to more than $1.06 billion due to nine players. As part of the... Read More.

Citi investment head shifts to BlackRock to run $80 billion partnership

Monday, December 15 by SRN News

Dec 15 (Reuters) - BlackRock said on Monday that the head of Citi's investment management arm has joined the asset manager to lead an expanded partnership under which BlackRock will oversee about $80 billion in assets for the bank's wealth‑management clients. The deal, agreed in... Read More.

Israeli tech sector annual deals and listings jump to $59 billion, PwC says

Monday, December 15 by SRN News

JERUSALEM, Dec 15 (Reuters) - Appetite for Israeli technology innovation has remained undiminished this year, with a surge in acquisitions and IPOs led by Alphabet's $32 billion purchase of Israeli cybersecurity company Wiz, PwC Israel said on Monday. The consultancy said in a report that... Read More.

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