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NSF Announces $1.5 Billion X-Labs Initiative to Pursue Generational Breakthrough Science Efforts
The U.S. National Science Foundation announced a $1.5 billion, decade-long NSF X-Labs initiative aimed at funding research teams.
Trump and top CEOs leave a more self-reliant China with few deals to show for it
Before leaving a two-day summit in Beijing, President Donald Trump said he had made many trade deals with China, accompanied by a cohort of “brilliant” tech billionaires.
The rise of the progressive billionaire candidate
Why some on the left are feeling warmly toward Tom Steyer and other very wealthy contenders.
U.S. businesses edge toward another $25 billion tariff refund
Federal courts questioning Trump-era tariffs, raising the possibility that U.S. importers could see a second round of refunds
Reform donor and crypto billionaire Christopher Harborne takes sixth place in UK Rich List as wealthiest people grow richer
Rolling coverage of the latest economic and financial news
BrightSpring Health Services (BTSG) Is Up 10.3% After Raising 2026 Revenue Guidance And Q1 Beat – Has The Bull Case Changed?
In early May 2026, BrightSpring Health Services reported first-quarter results showing revenue of US$3.61 billion and net income of US$148.77 million, and also raised its full-year 2026 earnings guidance to expected revenues of US$14.73 billion to US$15.23 billion. The combination of outperformance in specialty pharmacy and infusion services, efficiency gains from automation, and successful home health integrations is reshaping how investors view BrightSpring’s earnings power and growth...
NSF Plans $1.5B Funding for ‘Breakthrough’ X-Labs Science Partnerships
The National Science Foundation (NSF) announced on May 14 that it plans to invest up to $1.5 billion over the next decade in its existing NSF X-Labs initiative.
Trials, Traitors and $16.5 Billion Extra Cash: AI Reshapes Wealth, Politics and Budgets in California
The artificial intelligence boom is minting fortunes, shifting political careers and helping balance state budgets.
Trump officials hit California with ‘largest ever’ freeze on Medicaid funds
The Trump administration suspended $1.1 billion in California Medicaid funds over fraud claims, threatening home care for 900,000 seniors and people with disabilities.
CA governor candidates to face off in what may be last debate before June primary
Steyer’s billions, Hilton’s Trump endorsement, and Becerra’s baggage are all in play — but one new development could dominate the night.
NSF announces $1.5B NSF X-Labs initiative to pursue generational breakthrough science efforts
Today, the U.S. National Science Foundation announced $1.5 billion over the next decade toward the NSF X-Labs initiative to tackle pressing scientific challenges through novel and innovative...
Scientists Just Measured an Energy Pulse Smaller Than a Trillionth of a Billionth of a Joule
A newly developed quantum sensor has measured unimaginably small amounts of energy with record-breaking precision.
Salesforce, Echo Health Ventures back Optura's $17.5M series A to track AI performance
Healthcare organizations are rapidly adopting artificial intelligence technologies but without a clear blueprint for how to measure the business value of these investments. | Optura claims that more than $2 billion in AI initiatives currently run on its platform, with $120 million in tracked value at a 700% return on AI investment on in-flight initiatives.
Venezuela embarks on $150 billion restructuring of debt amid political turmoil
Venezuelan officials said they wanted to “free the country from the burden of accumulated debt.”
Inside Scale AI’s Business After Meta’s Bombshell $14 Billion Deal
How Scale AI Is Adapting Post Meta Deal And Founder’s Departure
LinkedIn expands into creator-led events, eyes big revenue
LinkedIn plans to expand creator-led events, aiming for 4,000 annually, as part of its strategy to tap into the multi-billion dollar creator economy.
Ted Cruz and Alexandria Ocasio-Cortez trade jabs over billionaires
The Texas Republican and New York Democrat are leading members of their respective parties, with each viewed as a potential 2028 presidential contender.
YAS ISLAND TO BE HOME OF SPHERE ABU DHABI, A NEW GLOBAL ICON FOR IMMERSIVE ENTERTAINMENT
The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) and Sphere Entertainment Co. (NYSE: SPHR) today announced that Yas Island has been selected as the location for Sphere Abu Dhabi, a landmark project with a construction phase cost of USD 1.7 billion. Poised to become a global icon, the venue will attract tourists from around the world, boost economic diversification, and strengthen Abu Dhabi's sense of place for residents and visitors alike. Sphere Abu Dhabi, which will be the first Sphere venue outside the United States, will be built on a plot of land between Yas Mall and SeaWorld Abu Dhabi, with lush green surroundings and proximity to other Yas Island theme parks and attractions. Construction on the venue is expected to be completed by the end of 2029. HE Mohamed Khalifa Al Mubarak, Chairman of DCT Abu Dhabi, said: "Abu Dhabi has always built for the long term, and Sphere Abu Dhabi is a powerful demonstration of that commitment. In a region where the appetite for
Meta Challenges New Mexico's $3.7 Billion Plan for Teen Mental Health in Social Media Trial
By Diana Novak Jones May 13 (Reuters) - A lawyer for Meta Platforms on Wednesday argued that New Mexico's $3.7 billion proposal to address teen mental health harms goes too far, saying it would force the company to pay for mental health care for all of the state's teenagers and not just those it ...
Ford stock surges 13% on investor optimism for new energy storage business
Investor support for Ford Motor's energy storage business sent its stock soaring 13% Wednesday, the biggest single-day increase in about six years, following a note from Morgan Stanley highlighting details released by the company on Monday. Ford announced its wholly-owned energy subsidiary late last year, and it is being directed by Lisa Drake, who has been a key leader in the company's efforts around electric vehicles. • After a $19.5 billion writedown on its EV programs in December, Ford announced it would launch an energy storage business, utilizing plant space in Kentucky that was previously meant to produce batteries for electric vehicles.
Justice Department considers settling Trump’s $10 billon IRS leak lawsuit
The Justice Department is discussing whether to settle President Donald Trump’s $10 billion lawsuit against the Internal Revenue Service in the coming days, according to two sources familiar.
Vast majority support $1.8B state spending plan in our reader survey
Nearly 200 readers sent in their thoughts about lawmakers' $1.8 billion compromise, with more than three-quarters saying lawmakers should pass it.
The Milky Way ate a galaxy called Loki, and scientists think they found its bones
Astronomers have identified a group of ancient stars that may be the remnants of a dwarf galaxy named Loki that merged with the Milky Way more than 10 billion years ago.
The Milky Way ate a galaxy called Loki, and scientists think they found its bones
Astronomers have identified a group of ancient stars that may be the remnants of a dwarf galaxy named Loki that merged with the Milky Way more than 10 billion years ago.
Republican senators say they need more detail on $1B White House security request
Republican senators left a meeting with the director of the U.S. Secret Service on Tuesday saying they need more details on a $1 billion security plan for the White House, including a proposed $220 million to secure President Donald Trump’s new East Wing ballroom.
What's in the billion dollar paragraph behind the White House ballroom debate
The $1 billion request is tied directly to the transformation of the East Wing into a massive ballroom, though limited to “security”-related needs. Here's what we know.
Taiwan anxiously eyes Trump’s summit in China, with $14 billion in US arms sales up in the air
As President Donald Trump meets with Chinese leader Xi Jinping this week, Taiwan will be nervously monitoring from afar to ascertain whether its political status and critical arms purchases come up in discussions between the two leaders.
Tariff Refunds Begin to Reach Businesses as Trump Lashes Out at Court
The government must return about $160 billion, plus interest, collected from duties deemed illegal and potentially more if it loses a related tariff case.
Why America’s Family Businesses Are The Quiet Engine Driving The Economy
Byron D. Trott, chairman and co-CEO of BDT & MSD Partners and advisor to many billionaire-owned companies, discusses why Forbes’ inaugural list of America’s top family companies matters now more than ever.
Miami got NYC’s billionaires. Will it get their businesses?
Wall Street South vs Wall Street North
AI Life Science Firm Metis TechBio Set for HK Debut After IPO
Metis TechBio Co, a biotechnology company using artificial intelligence to deliver and formulate drugs, is set to begin trading in Hong Kong after raising HK$2.1 billion ($270 million) in an initial public offering.
Secret Service Makes Case for Security Funding Amid G.O.P. Unease on Ballroom
The presidential protection agency detailed how it would use a proposed $1 billion as Republicans asked for more detail and Democrats went on the attack.
Norman breaks ground on Rock Creek Entertainment District, OU arena
After years of delays and political fights, OU and Norman officials broke ground on the $1.1 billion Rock Creek Entertainment District on Tuesday, May 12.
Starbucks billionaire Howard Schultz rips Seattle's 'socialist' mayor, claims city and state 'hostile' to business
PayPal to give up $30M after DOJ accusations of bias in favor of minority-owned businesses
PayPal is expected to launch a new initiative waiving processing fees on $1 billion’s worth of transactions at the value of $30 million after signing a Tuesday settlement with the Justice Dep…
Controversial entertainment district breaks ground in Norman
The groundbreaking of a controversial entertainment district took place in Norman on Tuesday.The Rock Creek Entertainment District is a $1.1 billion, 269-acre m
Norman leaders break ground on $1.1 billion entertainment district that'll house new OU arena
Ground has officially been broken on a $1.1 billion entertainment district that will house the new University of Oklahoma arena.
Norman developers break ground on site of future Rock Creek Entertainment District
Norman leaders say the $1 billion mixed-use development near OU could bring jobs, tourism and new entertainment opportunities to the city.
Galaxy Entertainment Prioritize Non-Gaming Amid Strong Q1 Results
Galaxy Entertainment Group posted a robust adjusted EBITDA of HKD$3.576 billion (US$458 million) for Q1 2026, marking an 8% year-on-year increase.
Wendy's has a billionaire circling its ailing business
Wendy's may have a bidder for its struggling business.
Government Seizes Farmer’s Land to Build Airport for Corporate Jets and Business Hangars
“I’m just a farmer in their way,” says Georgia producer Jeff Melin. “Force me to sell, take my land, and fly in the billionaires and big companies.”
Why 57% of business leaders say their metrics will fail
Companies are investing billions in AI-powered dashboards, predictive analytics and real-time reporting. Yet there's a widening gap between data availability and decision quality.
Galaxy Entertainment Group Selected Unaudited Q1 2026 Financial Data
Leading Macau’s Non-Gaming Diversification Through Mice, Entertainment and Sporting Events Q1 2026 Group Normalised EBITDA of $3.6 Billion, Up 21% Year-on-Year, Flat Quarter-on-Quarter Continued to Ramp Up Capella at Galaxy Macau Business A Final Dividend of $0.80 Per Share Payable in June 2026 HONG KONG, May 12, 2026 (GLOBE NEWSWIRE) -- Galaxy Entertainment Group (“GEG”, “Company” or the “Group”) (HKEx stock code: 27) today reported results for the three-month period ended 31 March 2026. (All a
Senate Republicans weigh whether to swallow Trump’s $1B push for ballroom security
Key Senate Republicans are signaling a willingness to support up to $1 billion in security upgrades for President Donald Trump’s ballroom renovation project, despite Democratic attacks, as the White House ramps up its lobbying push.
James Webb telescope reveals the clearest map ever of the Universe’s cosmic web
Astronomers using NASA’s James Webb Space Telescope have created the clearest map yet of the universe’s “cosmic web” — the enormous hidden structure that connects galaxies across space. By analyzing more than 164,000 galaxies through the massive COSMOS-Web survey, researchers were able to trace this vast network back to when the universe was just a billion years old.
BMO Financial Group to Sell Transportation-, Vendor-Finance Businesses to Stonepeak
The proposed sale includes a combined loan and lease portfolio in the U.S. and Canada that totals about $10.6 billion as of the end of March.
Democrats try to corner Republicans on $1 billion proposal for Trump’s ballroom: From the Politics Desk
Plus, MAGA world fights over the “hottest ticket in town.”
BMO to Sell Truck, Trailer Financing Businesses to Stonepeak
Bank of Montreal agreed to sell its business that finances trucks, trailers and equipment to Stonepeak, offloading a portfolio that totals about C$14.5 billion ($10.6 billion).
Tax break for United Center’s 1901 Project advances amid union pushback
The request for a property tax break has given a hospitality union leverage in negotiations over permanent jobs created in the $500 million first phase of the $7 billion mixed-use development.
Jefferson CEO, in visit to Lehigh Valley, says ball is in UnitedHealthCare’s court after policyholders go out of network with LVHN
“I think they’re trying to wait us out because they have billions,” Jefferson CEO Joseph Cacchione said regarding the ongoing contact dispute between Lehigh Valley Health Network, which is part of Jefferson, and UnitedHealthCare.
City Council panel backs tax incentives for United Center entertainment district
A plan to provide nearly $55 million in tax rebates for the $7 billion project that’s meant to be “transformative” for the West Side sailed through the council’s economic development committee.
NYC’s billion-dollar businesses issue a high-stakes economic alert on impact of proposed new taxes
A report from the Partnership for NYC shows that member companies support around 940,000 jobs and contribute billions to the local economy.
City Council panel backs tax incentives for United Center entertainment district
A plan to provide nearly $55 million in tax rebates for the $7 billion project that’s meant to be “transformative” for the West Side sailed through the council’s economic development committee.
Evers, GOP leaders reach $1.8B deal to lower taxes, boost school funds
Democratic Gov. Tony Evers and Republican legislative leaders have struck a nearly $2 billion deal to deliver new funding to schools and provide tax relief.
Democrats vow to fight Senate Republicans' $1 billion security proposal for White House ballroom
While most GOP lawmakers have remained quiet on the proposal as they spent their recess out of Washington, some have publicly questioned whether they would support it.
Boothbay Harbor businesses ready for tourism season
A report released late last month by the Maine Office of Tourism showed visits statewide were down 4.4% in 2025, although direct tourism spending exceeded $9 billion, a record high.
Broadcom's Future $100 Billion Custom Chip Business Is Your Sign to Buy Now
Broadcom's custom chip business is rapidly accelerating.
Broadcom's Future $100 Billion Custom Chip Business Is Your Sign to Buy Now
Broadcom's custom chip business is rapidly accelerating.
Retail Giants Spend Billions to Make Stores Look Nicer
Walmart, Target and Dollar General are among those investing in remodeling thousands of existing stores, even as shoppers take their dollars online.
Jared Wolff Plots Banc of Cal's Next Chapter - Los Angeles Business Journal
Sitting at the helm of the $34 billion Banc of California, Jared Wolff is too busy to think about legacy. In seven years as the Brentwood-based regional
Marc Theissen warns Democrats embracing ‘politics of envy’ amid AOC’s criticism of billionaires
The ‘Fox News Sunday’ panel debates Democratic messaging on billionaires and the party’s shift toward socialism.
Chicago Teachers Union wants $8.5 million dues hike to fund politics
“Has your brand become toxic?” This was a pointed question from WGN Political Editor Tahman Bradley, posed to Chicago Teachers Union President Stacy Davis Gates in a recent interview. Her immediate response: “I don’t understand the question.” When pressed, Gates added, “The Chicago Teachers Union is not a political party, it is a labor union.” But internal union documents show CTU leadership is trying to skim $8.5 million more from teacher paychecks explicitly for politics, while trying to silence union members critical of Gates’ leadership. Under the proposed dues hike, Chicago teachers would see up to $800 more per year flow from their paychecks to union coffers. The union already takes in more than $40 million a year, mostly from dues. And it spends less than 18 cents of every dollar on teacher representation. The No. 1 reason for the proposed dues hike? Politics. “We must win a majority of the first 21 person fully elected school board in November,” reads the first point in CTU’s member FAQ document.1 This directly contradicts CTU’s promise to members about how leadership uses dues money. The official CTU handbook tells members that the union does not use dues money for politics, so if they are interested in funding political activity, they should consider voluntary donations to CTU’s political action committee. “Our dues are not used for political purposes,” according to the handbook. “So our PAC relies on extra contributions from our members to support progressive candidates and to impact elected officials at the city, county and state levels.” This kind of double-speak is one reason members are concerned about another constitutional change slipped into the dues hike vote, which will take place on May 20-21: an attempt to stop members from holding the union accountable. A proposed amendment to the union constitution tries to place limits on when members may bring a lawsuit against the union for violating members’ rights.2 This provision is clearly a response to members’ lawsuit against union leadership regarding Gates’ years-long refusal to publish audited financial statements. The judge in that case has repeatedly denied the union’s attempts to dismiss it. Teachers opposed to these changes have been circulating this flier, urging members to vote no. What will CTU members get in return for millions of dollars in additional dues? If the 2024 school board elections are any indication—not much. CTU leadership’s record on school board races may not inspire confidence among members. A Chicago Policy Center analysis of a dozen affiliated PACs found CTU spent nearly $2.9 million on school board races in 2024. Of that spending, more than $2.1 million (75%) went to losing candidates. And while CTU-backed candidates lost six of the nine competitive seats overall, they fared worse in their biggest-spending races, losing five of six contests in which the union and its affiliates put up more than $250,000 for their candidate. The Chicago school board elections take place Nov. 3.3 Is another $8.5 million enough to clean up a toxic reputation? Not likely. Update on federal tax credit scholarship: Last week, Democratic New York Gov. Kathy Hochul said she plans to opt into the federal tax credit scholarship program. If Illinois Gov. JB Pritzker follows suit, Illinois could unlock $1 billion in donor money statewide for both public- and private-school students. If Illinois does not opt in, that money will flow to other states. The Last Ward reported in February on how Illinois Democrats could unlock at least $100 million in new resources for Chicago public-school students by opting in. Update on the investigation into how Chicagoans learned about a meeting to hike their property taxes: The Last Ward reported in January on an absurd, taxpayer-funded investigation into how local media learned of a planned Chicago school board meeting to hike the district’s property tax levy. That investigation is now complete. Lawyers interviewed two dozen witnesses, and found nothing. Update on Illinois’ muni debt crisis: My colleague Joe Tabor last week published a must-read piece in Crain’s Chicago Business about how Illinois recently rejected south suburban Harvey’s request to be designated a “distressed city.” The saga shows why the state must implement a better structure to assist insolvent local governments, including allowing for the option to pursue debt relief via Chapter 9 bankruptcy. The Last Ward reported in October on how Harvey is tipping the first domino in Illinois’ municipal debt crisis. Mincing Rascals: I joined the Mincing Rascals podcast to discuss the SAFE-T Act, the millionaires tax, and more. My “green light” recommendation: Force Majeure (2014). 1 Notably, the No. 2 reason cited is “resources to fund a state-wide millionaires tax campaign in order to fully fund the state’s school funding formula.” The constitutional amendment necessary to implement a progressive income tax in Illinois recently died in the Illinois House, meaning this question would not appear on the ballot until 2028 at the earliest. 2 There is seemingly no single-subject rule for CTU constitutional amendments. So members only get one vote on the full package. One cannot vote “yes” on the dues hike and “no” on the restriction of members’ rights, for example. 3 Illinois law grants far too much power over local government to unelected officials like Gates. State lawmakers should fix that.
Farage trying to avoid scrutiny over £5m gift from crypto billionaire, Labour says
Reform’s deputy leader, Richard Tice, seeks to present issue as irrelevant in interview with Laura Kuenssberg
The richest musician alive has a $2.5 billion fortune. Can you guess who it is?
Music is big business and it can pay well.
Meet Goldman’s athlete whisperer: the woman who stands guard against $1 billion of fraud targeting sports fortunes
Nicole Pullen Ross has advised the ultrawealthy for 26 years at Goldman Sachs. She talked to Fortune about working in sports and seeing a number get retired.
Jennie takes home 20 billion won from self-founded OA Entertainment over two years
K-pop star Jennie has received more than 20 billion won ($13.68 million) in earnings distributions from her own entertainment company in just two years, according to filings with the Financial Supervisory Service on Sunday.
BLACKPINK's Jennie Receives 23.8 Billion Won Settlement From OA Entertainment
BLACKPINKs Jennie Receives 23.8 Billion Won Settlement From OA Entertainment Singers Personal Label Paid Total Over Two Years After Establishing One-Person Agency in 2023
Johnson & Johnson CEO: America’s innovation advantage starts with health
From AI-accelerated drug discovery to a $55 billion domestic manufacturing push, the U.S. health innovation engine is just getting started.
How private equity is chasing the $900 billion data center opportunity
Private markets giants are more bullish than ever on their data center bets. After all, with a $900 billion opportunity, there's room for everyone.
Colorado governor signs $47 billion budget in which ‘nobody won’
Gov. Jared Polis on Friday officially signed a $46.87 billion spending plan for the Colorado state government in the next fiscal year. His signature is the culmination of months of work by legislators, who resorted to cuts, transfers and other mechanisms to balance the 2026-27 budget amid a deficit of more than $1 billion. That […]
Sports deals are becoming AI protection
Sports is no longer just a diversion for billionaires and private equity.
Sony forecasts lower gaming business sales amid memory price surge
By Sam Nussey TOKYO, May 8 (Reuters) - Sony forecast on Friday annual sales at its gaming business would fall 6% to 4.42 trillion yen ($28 billion) due to lower hardware sales as its PlayStation 5 ages and as the industry grapples with a surge in memory chip prices. The Japanese company, however, said it expects gaming profit to rise 30% due to higher first-party software sales and the absence
Sony forecasts lower gaming business sales amid memory price surge
STORY: Sony forecast lower sales in its gaming business due to a memory chip price surge.The tech giant said Friday annual sales in the segment would fall 6% to $28 billion.It also blamed lower hardware sales as its PlayStation 5 ages.Although the Japanese company said it expects gaming profit to rise 30%.That's due to higher first-party software sales and no repeat of the impairment loss it recorded a year earlier.Sony has been praised by analysts in recent years for its transformation into an entertainment powerhouse.But markets have grown concerned about the impact of AI on its business, while Sony also faces a perceived lack of growth catalysts.Both factors have weighed on shares in recent months.Investors are also concerned about the impact of a memory-chip price surge.As well as disruption to supply chains from the Iran war on margins at electronics manufacturers.The firm said it sold 1.5 million PS5 consoles in the fourth quarter, which was a 46% drop on the same period a year earlier.Looking ahead, the PS5 is expected to receive a major boost from the launch of the delayed "Grand Theft Auto VI."The game is due to release in November.Sony said in February it had secured the minimum quantity of memory needed to manage the year-end shopping season. Sony also said it sees higher profits at its pictures and chips units but a lower profit at its music business.The group reported operating profit for the year ended March rose 13.4% to $9.2 billion - below analyst forecasts. Meanwhile, rival Nintendo said it expects to sell 16.5 million units of its Switch 2 console in the financial year ending March 2027.It also projects profit to rise 2.7% to $2.36 billion.But, like with Sony, investors are concerned about the possible impact of a memory price surge on margins.
Taiwan Breaks Political Deadlock to Approve $25 Billion U.S. Arms Purchase
With time running out, Taiwanese lawmakers approved funds for buying U.S. weapons, fearing they could lose support if they didn’t act now.
‘Infinity Castle’ and ‘GOAT’ Buoy Sony Pictures Entertainment’s Total Sales Numbers for the Fiscal Year
Animated titles including "Demon Slayer: Kimetsu No Yaibe The Movie, GOAT and Chainsaw Man— The Movie: Reze Arc helped Sony Pictures Entertainment bring in $9.917 billion for the fiscal year ending March 2026.
SoftBank cuts target for OpenAI margin loan by 40% to $6 billion, Bloomberg News reports
SoftBank Group has downsized plans for a $10 billion margin loan backed by its OpenAI stake after hesitation from some creditors, Bloomberg News reported on Friday, citing people familiar with the matter said.
Flutter Entertainment (FLUT) Swings To Q1 Profit Testing Bulls’ Margin Expansion Narrative
Flutter Entertainment (NYSE:FLUT) opened 2026 with Q1 revenue of $4.3 billion and basic EPS of $1.24, while trailing 12 month revenue sat at $17.0 billion against a basic EPS of $2.12 loss, so the latest quarter lands against a still loss making year in aggregate. Over the past year, the company has seen revenue move from $14.3 billion on a trailing 12 month basis in Q1 2025 to $17.0 billion in Q1 2026, with quarterly EPS swinging between a $3.92 loss in Q3 2025 and $1.24 in the most recent...
Sony Pictures Entertainment Revenue Flat for Fiscal Year 2025 at $9.9 Billion, Profit Takes Hit From Shutdown of Pixomondo VFX Division
Sony Pictures Entertainment revenue came in roughly flat for fiscal year 2025, as higher sales at its Crunchyroll anime streamer and the success of global blockbuster film “Demon Slayer: Kimetsu no Yaiba Infinity Castle” were offset by overall lower revenue from theatrical releases. For the year ended March 31, 2026, Sony Pictures Entertainment had sales …
Sony forecasts 11% rise in annual profit but lower sales
Sony forecast on Friday its operating profit for the year ending March 2027 would rise 11% to 1.6 trillion yen ($10.20 billion), with higher profit but lower sales at its main gaming business.
Hochul says second home tax is part of budget deal, but details still scarce
Mayor Mamdani is optimistic the final state budget will help close the city’s $5.4 billion budget gap.
A simple dietary change could lower your blood pressure risk by 30%, study suggests | BBC Science Focus Magazine
An estimated 1.4 billion adults worldwide have high blood pressure, putting them at risk of heart attacks and strokes.
Norman’s billion-dollar entertainment district to break ground next week
The Rock Creek Entertainment District in Norman, featuring dining, retail and a state-of-the-art sports facility, will officially break ground next Tuesday.
How could downtown Baton Rouge change in this $1.7B plan? Youth sports complex, housing, more.
If all recommendations of the plan are brought to fruition, it would represent more than $1.7 billion in investment, bringing in a combined $37 million in sales and property tax revenue and creating about 5,500 jobs.
Apple Faces £3 Billion UK Trial Over iCloud Lock-In Claims
Apple was not able to narrow the scope of a UK lawsuit accusing it of locking 40 million UK consumers into iCloud, to the detriment of third-party cloud storage providers. British consumer group Which? first filed the lawsuit in late 2024, and is asking for £3 billion for UK Apple customers. Apple wanted to exclude non-paying iCloud users from the lawsuit, but the tribunal denied Apple's request in a 2 to 1 majority.
Delaware Health Care Spending Grows to $11.3 Billion, Significantly Exceeding Target - State of Delaware News
Per capita health care spending in Delaware increased to $11.3 billion dollars in calendar year 2024, an increase of about 8.7% compared to 2023.
See life inside the inside Miami neighborhood attracting billionaires
Coconut Grove is the trendiest neighborhood in Miami for billionaires moving to the city. See its evolution from hippie enclave to a wealth magnet.
New OU basketball arena in Rock Creek Entertainment District to break ground
The new home for OU basketball will finally break ground soon. It was announced on Thursday that the Rainier Company, which was hired to build a new Rock Creek Entertainment district, will officially break ground on May 12. OU and the city announced in 2024 their intentions of building a $1.2 billion entertainment district in Rock Creek that would ...
Surprising Signs of an Atmosphere Around a Tiny World, Billions of Miles Away
A gradual dimming and brightening when a star passed behind it suggested the mini-Pluto was wrapped in a thin layer of air.
Kalshi, the Prediction Market, Raises $1 Billion at a $22 Billion Valuation
The platform for betting on sports, politics, the weather and more has raised $1 billion and sees big financial firms as a key source of growth.
Small Business Optimism Is at Record Highs, So Why Are Millions of Entrepreneurs Still Getting Denied Funding?
CredFin, Inc. Identifies the Hidden Credit Profile Problems Blocking American Business Owners from a potential $44.8 Billion in Available SBA CapitalMIAMI, May 07, 2026 (GLOBE NEWSWIRE) -- The U.S. Small Business Administration guaranteed a record $44.8 billion in small business loans in fiscal year 2025, approving an average of 1,600 loans per week worth more than $860 million. That capital is available through a broad network of SBA-approved lenders operating independently across the country.
The Trump administration is trying to divert $2 billion in global health funding to pay for USAID shutdown
The Trump administration plans to redirect $2 billion in funding intended for global health programs to cover the cost of closing the US Agency for International Development (USAID), according to a copy of the notification obtained by CNN.
Senate GOP fears $1B for White House ballroom represents political landmine
A Republican proposal to spend $1 billion in taxpayer money on security for the White House ballroom has become a political landmine in the Senate debate over funding Immigration and Customs Enforc…
UniCredit to Take Cumulative €3 Billion Hit on Russia Sale
UniCredit SpA has signed a non-binding accord to sell parts of its business in Russia to a private investor in the United Arab Emirates, as the Italian lender accelerates efforts to scale back its presence in the country.
Republicans want to add $1 billion for Trump's ballroom security to ICE funding plan
Republicans in Congress are proposing $1 billion in funding for security for President Trump's White House ballroom as part of their partisan plan to fund Immigration and Customs Enforcement.
Scientists created one of the largest simulations of our universe ever — about the size of 500,000 HD movies
These giant "virtual universe" simulations help scientists trace cosmic evolution across billions of years.
Ken Griffin vows to 'double down' on Miami move, says NYC 'doesn't welcome success'
Billionaire Ken Griffin reaffirmed Citadel's move to Miami at the Milken Conference, citing his feud with NYC Mayor Zohran Mamdani over tax policy changes.
GTA 6 Estimated to Have Cost Take-Two $1 Billion to $1.5 Billion So Far, CEO Strauss Zelnick Says 'It Was Expensive'
GTA 6 may well be the most expensive video game ever made, with parent company Take-Two estimated to have spent $1 billion to $1.5 billion so far.
SM Entertainment’s revenue surges 21% YoY in Q1 to $192M on strong concert, merch sales
SM’s revenue from concerts surged 56% YoY to KRW 60.8 billion ($42m), driven by tours from SUPER JUNIOR, NCT DREAM, aespa, RIIE and NCT WISH.
Tennesseans bet billions on sports last year. See how much
Tennessee residents wagered more money than the GDP of three dozen countries last year.