billion
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MicroStrategy Accumulates Over $2 Billion Profit From Bitcoin Holdings Amid Crypto Surge
MicroStrategy, the American software and business intelligence company considered the largest corporate holder of Bitcoin, currently sits on over $2 billion in profit as BTC continues its surge. The substantial…
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World’s Largest Cryptocurrency Exchange Binance and Its CEO Plead Guilty in $4.3 Billion Settlement
In a groundbreaking development, Binance Holdings Ltd and its CEO, Changpeng Zhao, have admitted guilt to charges of anti-money laundering and violating US sanctions. This landmark settlement, one of the…
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Energy Department Pledges $3.5 Billion Plan To Supercharge Battery Production
The U.S. Department of Energy (DOE) announced Wednesday that it will award an additional $3.5 billion for companies to produce and develop battery technology and components. The funding will be…
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Disney Has $40 Billion Economic Impact On Florida, Study Says
Walt Disney’s operations in Florida generated an impact of $40 billion in the state last year, the company said, citing a report from Oxford Economics. The study, which was commissioned…
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Emirates Orders 95 Boeing Airplanes For $52 Billion
Emirates is already the world’s biggest operator of the Boeing 777 AFP / Karim SAHIB Emirates Airlines announced an order of 55 Boeing 777-9s, 35 777-8s and 5 additional 787…
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WeWork Files For Bankruptcy With Almost $19 Billion In Debt
The company says creditors agreed with its restructuring plan AFP / TIMOTHY A. CLARY WeWork, the company that introduced the concept of coworking spaces, filed for bankruptcy protection, promising a…
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WeWork Files for Bankruptcy as Office Spaces Go Empty for the Company that Was Once Worth $47 Billion
WeWork, the one-time unicorn backed by SoftBank Group, known for its meteoric rise and subsequent fall that significantly impacted the global office industry, filed for Chapter 11 bankruptcy protection in…
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Who Owns the Treasure? ‘Holy Grail of Shipwrecks’ to be Exhumed off Colombia with $20 Billion Sunken Treasure
Colombia aims to speed up its efforts to retrieve a three-hundred-year-old sunken treasure valued at potentially $20 billion, but legal disputes have placed the ownership of this fortune in a…
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UAE Considers Investing $50 Billion In India As Part Of Strengthening Bilateral Ties: Report
KEY POINTS Provisional pledges from the UAE side might take place early next year, sources told Bloomberg The two countries are working towards a goal of increasing their non-oil bilateral…
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US House Approves Aid of $14.3 Billion For Israel, Defies Biden’s Wish for Joint Package With Ukraine
In a divided House vote in the USA on Thursday, a Republican-authored bill successfully passed, linking $14.3 billion in military aid for Israel to domestic spending reductions while omitting funding…
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FTX Co-Founder Sam Bankman-Fried convicted in $10 Billion Fraud
Sam Bankman-Fried, the co-founder and former CEO of FTX, one of the world’s significant cryptocurrency exchanges, has been convicted on seven counts related to fraud and money laundering. A New…
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G-Dragon Hires Top Lawyer For Drug Case; Could Spend ₩2 Billion On Fees
KEY POINTS G-Dragon has hired a top lawyer to represent his drug-related case The K-Pop idol was booked for alleged illegal use of drugs The BigBang member has denied the…
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Jungkook’s ‘Seven’ Breaks Miley Cyrus’ Record: Fastest Song To Hit 1 Billion Streams On Spotify
KEY POINTS Jungkook made his solo debut with his digital single “Seven” on July 14 “Seven” achieved several record-breaking milestones since its release Jungkook is scheduled to release his solo…
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Australia’s Richest Woman Threatens $1 Billion Lithium Deal
Gina Rinehart, Australia’s richest person, intervened in a major transaction involving an Australian lithium company for the second time this month, an Australian securities and exchange commission filing revealed Friday.…
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Credit Card Charges Of Interest And Fees Jump To Record $130 Billion
Credit card debt surpassed $1 trillion in 2022 Pexels American consumers paid a record $130 billion in credit card interest and fees in 2022, a government agency says. Credit card…
