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Aegon to sell UK business for 2 billion pounds to Standard Life
Aegon said on Tuesday it had reached an agreement with Standard Life to divest its UK business for a total consideration of 2 billion pounds ($2.7 billion).
Anthropic draws offers from VCs to invest at up to $800 billion valuation, Business Insider reports
Anthropic has received multiple offers from venture capital firms valuing the Claude maker at as much as $800 billion in recent weeks, more than double its current valuation, Business Insider reported on Tuesday, citing sources.
Senate Democrats outline amendment strategy as budget debate nears
Members of the Colorado Senate met with their respective caucuses on Tuesday to discuss the state’s proposed $46.8 billion budget for fiscal year 2026-2027, which passed through the House over the weekend following lengthy debate. The full Senate will begin debating the budget on Wednesday. Joint Budget Committee members Sens. Jeff Bridges and Judy Amabile […]
VCs are flooding Anthropic with offers to invest at up to $800 billion
Anthropic has received multiple offers to invest at valuations as high as $800 billion in recent weeks, which would more than double its valuation.
What Swalwell’s exit means for Democrats in California’s governor race
Billionaire Tom Steyer and ex-congresswoman Katie Porter stand to benefit the most in a Democratic field with no clear front-runner, several strategists said.
Advertisers demand billions of dollars from Google in escalating monopoly battle
Alphabet Inc.’s Google is facing billions of dollars in potential damage claims as part of mass arbitration tied to the company’s online search and advertising technology businesses, which courts have ruled were illegal monopolies.
Advancing Mental Health Worldwide: Five Core Elements for Effective Strategies
More than one billion people worldwide live with a mental health condition (MHC). Despite the significant downstream economic, societal, and health challenges a
Amazon to buy Louisiana based satellite firm Globalstar in $11.6 billion deal
The deal for the Louisiana satellite communications company
Millions of Floridians Will Bear the Brunt of Trump’s Health Cuts
(Bloomberg) -- Millions of people in the US are expected to lose their health coverage in coming years because of shrinking funding for federal programs. Few states would suffer a bigger blow than Florida.Enhanced Affordable Care Act subsidies expired in December. More than $900 billion in cuts to Medicaid safety-net programs are on the horizon. Across the US, in excess of 14 million people are expected to lose health insurance through 2034, according to health-policy research nonprofit KFF.Flor
Tap THC beverage tax to address budget gap
By Christine Lafferty Colorado is faced with the largest budget deficit in recent memory — calculated to be a $1.5 billion hole according to the state’s Joint Budget Committee. Legislators have been scrambling to address this gap, which signals massive cuts to important state services such as education, climate management, and health care. It’s time for […]
TPG Agrees to Buy Learfield in Deal Worth Roughly $2 Billion
Learfield’s majority owners—Charlesbank Capital Partners and funds managed by Fortress Investment Group—hired two banks in the fall to explore a sale.
Exynos 2600 Was Born Out Of Sheer Necessity And Wouldn’t Have Entered Mass Production If Samsung’s Mistakes Not Cost It $3 Billion Last Year
As Samsung races towards self-sufficiency in the chipset race, it only mass produced the Exynos 2600 because it lost $3 billion in 2025
Epic Games Reportedly Developing Extraction Shooter Starring Disney Characters
Bloomberg reports that Epic Games is currently developing a Disney-themed extraction shooter as part of the studios' $1.5 billion partnership.
Dallas ISD voters to decide largest school bond in state history
On May 2nd, voters living in Dallas ISD will decide whether to pay $33 more a year in property taxes to pay for a $6.2 billion bond package. The plan would build 26 new schools and make major upgrades to facilities and technology at every campus. Lone Star Politics speaks with Miguel Solis, former President of DISD Board of Trustees and now the President of the Commit Partnership.
Insurers Stand to Gain Big Business From Data Centers
That's how much S&P Global Ratings estimates data centers could pay in insurance premiums this year. That number compares to $5 billion a year for the entire aviation sector, the ratings firm said in a report Monday. The firm estimates the total insurable amount of data-center assets at $2 trillion
Hollywood heavyweights voice opposition to Paramount-Warner merger in letter
The deal is worth $111 billion
Fifteen bucks a signature: the crisis of money in US politics is growing
The fight over California’s billionaire tax is just the latest symptom of a crisis that has escalated since 2010
Delta has big hopes to build a $5 billion maintenance business
A fast-growing revenue stream to watch at Delta Air Lines doesn’t have to do with Sky Clubs, new routes or more airplane seats. It has to do with maintenance.
Lauder gift of $10M to aid science center's expansion in W. Palm Beach
A $10 million gift in the name of the late cosmetics billionaire Leonard Lauder and his widow, Judy, will help expand a West Palm Beach science center.
Business Travel Market Expected to Reach USD 2,095.4 billion by 2031, at a CAGR of 9.5%: Allied Market Research
Allied Market Research published a report, titled, "business travel Market by INDUSTRY (Government, Corporate), by SERVICE (Transportation, Food and Lodging, Recreation), by TRAVELER (Group, Solo): Global Opportunity Analysis and Industry Forecast, 2021-2031". According to the report the global business travel market, valued at USD 689.7 billion in 2021, is projected to reach USD 2,095.4 billion by 2031, expanding at a CAGR of 9.5% over the forecast period — more than tripling in size within a d
Baker Hughes sells Waygate unit to Hexagon for about $1.45 billion
Oilfield services provider Baker Hughes sold its Waygate Technologies unit to Swedish industrial technology group Hexagon for about $1.45 billion in cash, the two companies said on Monday.
Trump Attacks Pope Leo as Too Liberal and ‘Weak on Crime’
President Trump’s lengthy post on social media showed there were really no boundaries when it comes to people he might target, including the leader of the world’s 1.4 billion Catholics.
‘Chilling effect’ of Trump science cuts – even if reversed again
Congress likely to once more block plans to cut billions from agency budgets, but experts fear they will have long-term impact anyway
Astronomers detect mega-laser beam signal from 8 billion light-years away
Science News: One of the most remarkable discoveries made by astronomers in recent years is the identification of an extremely strong \"mega-laser\" signal that has t.
What Flutter Entertainment (FLUT)'s Board Shuffle, Buybacks and Quiet Dart Stake Mean For Shareholders
In recent days, Flutter Entertainment plc reported that long-serving independent director Alfred F. Hurley, Jr. will retire at the 2026 AGM, with Nancy Dubuc set to assume the role of Chair of the Compensation and Human Resources Committee, while the company continues executing a multi-billion-dollar share repurchase program. At the same time, billionaire investor Kenneth Dart has quietly built substantial economic exposure to Flutter through total return swaps, even as analysts question...
'Steve Witkoff, Trump's favorite negotiator, boosts his business more than peace'
COLUMN. The billionaire's fortune has risen by 15% since Donald Trump appointed him special envoy for peace, historian Jean-Pierre Filiu observes in his column.
I grew up in a family of entrepreneurs. Here’s what I had to unlearn to build a $1 billion business
I grew up in Switzerland surrounded by entrepreneurs: my grandfather in construction, my father in surveying, my uncles in packaging and construction.
The ‘Annoyance Economy’ Is More Than Just Annoying
A new estimate puts the cost of dealing with robocalls, hidden fees and customer service chatbots that can’t solve most problems at $165 billion.
Nintendo's Animated Films Challenge Disney's Box Office Dominance
Nintendo's expansion into theatrical animation, with billion-dollar films and an annual release slate, is challenging Disney's dominance while strategically promoting its gaming hardware and franchises like the successful Switch 2.
Colorado House finishes work on 2026-27 state budget, finally
The House on Saturday, after four days of work – it usually takes two – finished up their work and voted on the $46.8 billion 2026-27 state budget, as contained in House Bill 1410 and 64 accompanying measures designed to help balance the budget. The delay in getting to the finish line was caused by […]
“AI polls” are fake polls
A few weeks after Donald Trump’s second presidential win, I took the train up from London (where I was living at the time) to Oxford to attend a conference on polls and forecasts of the 2024 election. Most of the attendees were pollsters or academics, but I also watched presentations from Aaru and Electric Twin, two companies that do what is interchangeably called synthetic sampling, silicon sampling, or synthetic audiences. Stripped of startup jargon, that means they use large language models (LLMs) to simulate responses to public opinion polls by having AI agents take on the role of survey respondents. I had already heard of Aaru thanks to some articles with eye-catching headlines like “No people, no problem: AI chatbots predict elections better than humans” in the months leading up to Election Day. The founders were making some big, some might even say far-fetched claims, such as: “within two years, we will simulate the entire globe — from the way crops are grown in Ukraine to how that impacts production of oil in Iraq, trade through the strait of Malacca, and elections for the mayor of Baltimore.” When Semafor asked Aaru’s cofounders — Cameron Fink and Ned Koh — about my boss, they said “we respect all those who came before us.” Nate (as he so often does) shared his thoughts on Twitter: Fink and Koh were relatively good-natured about this back-and-forth when we spoke at Oxford. They even offered to mail me one of the t-shirts featuring Nate’s quote they apparently had made. I never took them up on the offer, which I now somewhat regret. These synthetic sampling companies fell off my radar for a while, but they do still exist. In fact, Aaru recently received a $1 billion valuation. Is what they’re doing anywhere close to the most important frontier in AI development? Not by a longshot, especially when Anthropic just developed a model so adept at exploiting software vulnerabilities that it’s only being released to 40 companies. Still, silicon sampling is increasingly finding its way into public polling. Axios reported in March that “a majority of people trust their own doctors and nurses” based on findings from Aaru — without mentioning that the “people” in that sentence were actually LLMs. Around the same time, the Public Sentiment Institute “boosted” their online sample of 373 real survey respondents with 114 AI agents.1 (Spoiler alert: even the co-founder of Electric Twin doesn’t think that’s a particularly defensible approach.) Polling companies like Qualtrics and Ipsos are also developing synthetic data panels. So, what should we make of these … “polls”? Let’s get one thing out of the way: whatever they are, they’re not polls in the way that term is usually defined. Subscribe You can’t replace polls with AI On one hand, using LLMs to essentially make up fake survey respondents sort of sounds like the dumbest idea ever, one that will at best imperfectly replicate real polls while introducing all sorts of biases. On the other hand, with LLMs improving at a remarkable, perhaps even alarming rate, maybe that means I’m a dinosaur at the ripe old age of 24 because I still want to rely on polls that talk to actual people. I’m not going to argue that synthetic samples are completely useless. In fact, as I’ll return to later, there is evidence that some techniques can replicate topline survey results quickly and cheaply. But the marketing from certain companies can be slightly optimistic. “No traditional poll will exist by the time the next general election occurs,” said Fink in 2024. We’re just 206 days away from the midterms, and based on the fact that I still have to collect a bunch of polls every day, I’d say he should have run that prediction by a sample of AI agents before the interview.2 To see why synthetic samples can’t replace polls, here’s a quick primer on how they work. The simplest version of these models involves taking a LLM (like ChatGPT or Claude), giving it a demographic profile (e.g., a white, college-educated woman who lives in Utah and makes $70k a year), and then asking it to respond to a survey question. You repeat that process a few thousand times using different demographic profiles and end up with a sample of synthetic survey responses. The actual models used by private companies are more sophisticated than this, usually because they incorporate more hypothesized demographic characteristics for each agent and provide them with extra information. Aaru, for example, feeds agents a diet of news and information they’d be likely to consume, while Electric Twin incorporates their customers’ proprietary data about the audience they’re trying to replicate. The way Ben Warner, the co-founder of Electric Twin, explained it to me was “we have a large amount of data on […] for instance, 5,000 people. Can we make an accurate prediction of how they would respond to another question?” Still, it should be obvious why synthetic samples can’t replace polls. Polling is fundamentally a data collection process. We might use surveys to make predictions by feeding them into election forecasts, but the main purpose of a poll isn’t prediction, it’s gathering new data about what people think and how they feel. Silicon sampling, on the other hand, produces no new data. It’s simply a model: you input LLM training data, demographic prompts, and a bunch of other information, and it spits out a prediction for what a poll would say. We love models here, but models aren’t polls. That difference is an important philosophical sticking point for most pollsters I talk to. “I think politics should stay away from [synthetic sampling], because we’re trying to […] represent the voice of the people,” said Natalie Jackson, a vice president at GQR Insights. Democratic pollster John Hagner told me: “I think I’m just incredibly skeptical of this idea. I don’t think it’s research. At that point, you’re asking the machine to tell you what you already believe.” Hagner has seen some presentations of early synthetic sampling experiments, but so far, “if it’s being used in a campaign, people are keeping it incredibly quiet.”3 But Eli, I hear you saying, aren’t polls themselves increasingly governed by modeling decisions? Indeed they are: pollsters’ choices on which sampling method to use, how to define their likely voter models, and how to weight their samples can and do lead to dramatic differences in the results they publish. Aaru even referenced these limitations in the methodology statement included with that maternal mortality “poll” — although I’m using the term “methodology statement” loosely here, because it doesn’t really explain how the model works at all. We can ignore the (frankly preposterous) implication that synthetic sampling isn’t subject to a separate set of biases. The important point is that there’s still a meaningful difference between using weighting and other statistical techniques on actual polling data and using a model to predict what a poll would say. The latter is far closer to election forecasts or techniques like MRP — potentially useful models, but not a replacement for polls.4 To be fair, other synthetic sampling companies are perfectly happy with the distinction between polls and models. Warner compared polling and synthetic sampling to different tools in a toolbox. “The mistake I think we make is we think that these new tools should either work in exactly the same way or somehow replace these old tools,” he said. “Rather than thinking of it as, okay, so we’ve always had the hammer, we’ve always had the screwdriver, now we’ve got a saw. But don’t use a saw to try [to] do the job of a hammer.” A quick comment from Nate Eli didn’t ask me for a comment — rather rude of him, don’t you think? But since I’m editing this story, I figured I’d add a few quick thoughts rather than putting words in his mouth. Beyond the frequently misleading marketing, what bothers me about the AI “poll” hype is that as AI tools make statistical inference cheaper and/or better (note that these are not synonyms) that actually increases the comparative value of collecting original data. You might be able to train a model to make a reasonable estimate of what some hard-to-reach poll respondent would say — say, a young Black man who voted for Trump. (Such a person checks a number of boxes for a voter who is usually hard to reach in surveys.) Indeed, this is closely related to what models like the Silver Bulletin forecast already do. They essentially smooth out the kinks in noisy survey data by making inferences based on past voting patterns or national polls or surveys of other states. But you don’t actually know what these voters think unless you’re reaching them directly. If there’s a shift in opinion among this subgroup, you’re not going to detect it. So if I were running a campaign, I’d invest more in going the extra mile to find a representative sample of those voters. And then I’d hire some smart quants — or Claude? — to figure out the implications for campaign strategy based on proprietary data that my competitors didn’t have access to. -Nate Silver Are these models any good? If synthetic surveys are just a new type of model, the next obvious question is whether the models are at least accurate. The answer very much depends on who you ask. On one end of the spectrum, you have the maximalist argument that synthetic sampling is more accurate than actual polls. “It’s an incredibly challenging problem to go to someone and say ‘hey, we’re going to be more accurate at predicting human behavior than you, even when you talk to your customers directly’,” Koh recently told CNBC. In his view, synthetic sampling isn’t a saw to polling’s hammer, it’s “magic.” There’s certainly evidence that synthetic samples can replicate certain survey toplines. But if Aaru does have any examples of their approach outperforming the polls, they’re keeping those to themselves.5 Aaru’s 2024 election model, for example, had Kamala Harris leading in Michigan, Nevada, Pennsylvania, and Wisconsin on November 4th. And although they’ve since taken down their forecast page, they gave Harris a 50.5 percent chance of winning the race on November 2nd.6 After the election, Fink told Semafor he was happy enough with those results because they were “within margin of error,” a term that is completely meaningless when applied to a “sample” of AI agents. And of course, Aaru says their models have improved since 2024, so supposedly now they’d be more accurate than the polls? Still, their stronger argument is on cost: “We are significantly faster and cheaper than traditional polling, and still more accurate,” said Fink. The first two claims are undeniably true, but the third brings us to the opposite end of the spectrum. Both Jackson and Hagner are skeptical that these models are reliable for anything beyond replicating common survey toplines. “I just […] don’t think the machines are what we want when we’re looking for nuanced views. My example on this is people in Arizona and Nevada in 2024 who voted for Trump and voted for expanding abortion in their states on ballot initiatives,” said Jackson. Hagner identified another issue. Maybe the synthetic respondents, like sycophantic LLMs, are inhuman in one important way: they’re too nice. “The reports that have come through at the meetings that I’ve been at are that the early experiments on this, they cannot get respondents to be as racist or sexist or, frankly, as negative as human respondents,” he said. Academic research mostly agrees on this point. While there are some papers that show promising results when using LLMs to replicate polling data, most show that LLMs suffer from various quirks like producing too few “don’t know” responses and can seriously overpredict the favorability of politicians like Donald Trump and Kamala Harris. They also seem to struggle with too little variation between demographic subgroups, so the difference in predicted opinion between Democrats and Republicans, for example, is too small. When I asked Warner about these studies, his response to these papers was that just because academics can’t get synthetic sampling to work doesn’t mean that the technique doesn’t work in general. “Actually, the argument is, okay, yours does not [work]. That does not mean […] for this complex set of machinery, which uses a lot of investment, a lot of time, a lot of money, you can’t get it to work.” Cards on the table, I’m somewhat sympathetic to this argument because academics aren’t exactly great at making election forecasts. Usually, the people with skin in the game are the most accurate. Warner’s argument is that the approach Electric Twin takes — which includes, for example, making multiple predictions for each synthetic respondent using different models and prompts and subsequently averaging those to get a final prediction in a sort of ensemble forecast — produces better results than the simpler academic models. Warner shared a comparison between his method and the method from a recent academic paper with me, and Electric Twin was indeed able to get more accurate replication. But even still, he acknowledged that synthetic sampling “is not a crystal ball.” “If you asked me, do I think using other data sources will be more accurate than asking somebody who they will vote for, I would probably say no. But if you asked me ‘would your system be useful for our turnout modeling today?’ I would say yes.” For better or worse, it looks like the method is already getting more popular in the market research world. Most of the clients Aaru touts these days are businesses like EY and McDonald’s. And AI will probably begin to pop up in other parts of the political polling process. Pollsters are already using it to code open-ended survey responses, and some firms, like YouGov, are testing using LLMs to ask survey respondents questions. More worryingly, one danger to actual polls is that AI agents can be used to infiltrate online surveys. Most online polls use various checks to prevent that from happening, but there’s conflicting evidence on how effective those filters are and how prevalent AI agents currently are in online panels. If those agents ever become impossible to detect, it might spell the end of online polling, but the solution isn’t to replace all of your respondents with ChatGPT. Silver Bulletin is a reader-supported publication. To receive new posts and support our work, consider becoming a subscriber. Subscribe 1 That particular poll obviously doesn’t meet Silver Bulletin standards for aggregation. But we exclude all Public Sentiment Institute polls from our averages because we classify them as an amateur polling firm. 2 You could argue that Fink meant the next presidential election, but (a) I’m also confident we’ll still have real polls in 2028 and (b) in that case he should have asked an LLM to define “general election.” 3 Quick caveat: that’s reporting from a Democratic pollster. It’s possible that Republicans are more willing to use AI in political campaigns. 4 Indeed, Silver Bulletin does not include “polls” produced by MRP in our forecasts or averages, and we think it’s extremely misleading when their practitioners describe them in a way that suggests original data had been collected among a large number of states or Congressional districts. 5 A recent report from Aaru and EY did show two examples of a synthetic estimate being closer than a survey to a real-world benchmark — but I’d take those findings with a grain of salt because the report reads more like an ad and didn’t involve any sort of prediction being made ahead of time. 6 For comparison, our odds for Harris on the same day were 48.2 percent.
In praise of popular science
As a kid, I was enthusiastically and unreservedly in favor of a manned space program. Our destiny lay in the stars, I figured. Get people out there. We need Star Trek here and now. As I got older, I became rather disenchanted with the idea. Humans are expensive, fragile, and inefficient as space cargo. We could flood the solar system with 100 robotic probes for the price of any single manned mission and get back just as useful data. Besides, it turns out space travel is dangerous. Tusk is a reader-supported publication. To support this work, please become a paid subscriber. Subscribe When it came to the recent Artemis II mission, my cynical side didn’t really see the point. Flying around the Moon and back is literally something we did before I was born, and I once owned a Members Only jacket. Apollo 8 circled the Moon ten times and returned to Earth safely the same month that “Chitty Chitty Bang Bang” was released. What was the point of repeating a feat that far braver people once did with tin foil and slide rules? Yet I’ve surprised myself with how moving I’ve found the Artemis II mission to be. The photos have been stunning. The crew has been professional and engaging. There have been modest but important milestones — the farthest humans have travelled from Earth; the first woman, person of color, and non-American to leave low-Earth orbit; innovations in communication, and more. One thing that really stood out is that this is really NASA at its finest. Not that this is the most important mission they ever pulled off, but they did this in a competent way that celebrated the achievements and kept the crew and the science at the forefront of the project. This wasn’t some billionaire throwing celebrities or cars into orbit as a vanity project — this was a collective effort to send experts in to do a job and come home safely. We don’t see that sort of thing much these days. I’m guessing few people would describe many government agencies as inspiring, but this one counts for me. We’re living through a profoundly anti-science era, in which pathbreaking, lifesaving discoveries like mRNA vaccines are routinely downplayed or even vilified. As I’ve noted previously, this era is something like that of the Red Scare in the 1940s and 50s, in which “egghead” professors were portrayed as out of touch or even hostile to regular Americans. One of the things that helped break that spell was Sputnik — the Soviet communications satellite that demonstrated that the United States was falling behind in crucial scientific research and applications. Its launch triggered a new appreciation for American science and goaded the federal government into supporting research universities and labs. I’m not saying that Artemis is the equivalent of Sputnik, but it potentially reminds people that there’s some value to scientific endeavors and the human faces attached to them. Despite my love for the show “For All Mankind,” I’m far from convinced that there’s any real value to putting colonies on the Moon or Mars that would justify the capital investment and the massive health risks to the astronauts. But sending scientific good will ambassadors on a trip into space once in a while? Bring it. Share
Women's professional sports leagues see big surge in popularity and profits
Throughout the U.S. there’s been a rise in interest in professional women’s sports leagues over the past few years. According to Nielsen, in 2025 Americans watched 46 billion minutes of women’s sports.
Billionaire Duff brothers wrongly got federal PPP loans, lawsuit says
Billionaire brothers Tommy and Jim Duff improperly took advantage of a COVID-era loan program meant to keep small businesses afloat, a lawsuit says.
How OpenAI's reported ad plans could change the AI business model
OpenAI (OPAI.PVT) is reportedly projecting $100 billion in advertising revenue by 2030. Yahoo Finance Technology Editor Dan Howley explains how this could shift the artificial intelligence (AI) business model.
Trump raked in $28 million from Middle East business deals. Then he started a war.
The president's Persian Gulf real estate projects are worth roughly $17 billion.
Walmart CFO bullish on e-commerce growth, Marketplace potential - Talk Business & Politics
Walmart’s e-commerce business has become a meaningful contributor to the retailer’s growth, now comprising roughly 20% of the company’s revenue. Last year, Walmart’s e-commerce sales exceeded $150 billion, with 27%...
Trump's 2027 Budget Deepens Cuts To Global And Domestic Health
US President Donald Trump wants to eliminate $4.3 billion from the US government’s global health budget, including all funding for the Pan-American Health
David Blitzer Expands Sports Empire With Bet On Golf’s Next Generation
Billionaire David Blitzer's Bolt Ventures has made two significant golf industry investments during Masters week aimed at the game's next generation of fans and players.
Google’s Gmail Upgrade Decision—2 Billion Users Must Act Now
You have been warned — do not lave this "overwhelming" decision until it's too late.
H.R. 1 underscores unfairness in Colorado tax code
By Caroline Nutter On July 4, 2025, Colorado’s budget was overturned with the stroke of a pen. When President Donald Trump signed into law H.R. 1, or the One Big Beautiful Bill Act, he didn’t only cut federal funding by $3.4 trillion, he also cut Colorado’s budget by more than $1 billion. H.R. 1 expanded […]
State health chief says budget plan ‘protects what matters most’
State Health Commissioner Raynard Washington defended his department’s $2.79 billion annual spending plan to lawmakers Thursday.
Oklahoma Governor’s Vote Steered $2 Billion Advisory Role to Former Business Partner’s Firm
Oklahoma Gov. Kevin Stitt voted to award a multibillion-dollar investment advisory contract to a firm run by his former chief of staff and one-time business partner, without any board discussion of their prior relationship. The contract positions the firm to earn fees from successful investments it brings before the state board.
Amazon’s chip business could be worth $50 billion, Jassy says, and he hints it may sell them externally
Andy Jassy's 2026 shareholder letter reveals Amazon's Graviton, Trainium, and Nitro chips generate $20bn+ a year — and could be sold directly to third parties.
Comptroller: State workforce overtime surged 23%, driven by DOCCS, prison strike
State workforce overtime costs increased by $1.6 billion in 2025, according to a report released by state Comptroller Tom DiNapoli said.
MOONBUG ENTERTAINMENT DEBUTS EMMIE'S WONDER WARDROBE, A SPARKLING NEW SPIN-OFF OF LITTLE ANGEL, TODAY ON YOUTUBE
Moonbug Entertainment, a global leader in children's entertainment like CoComelon and Blippi, today debuted Emmie's Wonder Wardrobe on YouTube. The animated preschool series is a spin-off of Little Angel, one of the most-watched preschool brands in the world, with over 150 million YouTube subscribers and 1.4 billion monthly views across 25 languages on YouTube. The new series is packed with original music and playful stories that celebrate the creativity and self-expression of kids today.
NC builders chase billions in defense deals at Wilmington conference
A big federal construction conference takes place next week at the convention center in Wilmington. It is the Southeast Region Construction, Infrastructure and Environmental Summit, held by the North Carolina Military Business Center. Courtney Smedick at the NCMBC says that the conference is about to sell out, so if you want to attend, you should […]
Amazon says annual revenue run rate for chips business now over $20 billion
Amazon.com's annual revenue run rate for its chips business, which produces its Graviton and Trainium processors, is now over $20 billion, CEO Andy Jassy said in a letter to shareholders on Thursday.
Global women's sports revenue to top $3 billion in 2026, according to new report
Soccer and basketball are expected to be the the top revenue-generating women's sports.
Global women's sports revenue to top $3 billion in 2026, according to new report
Soccer and basketball are expected to be the the top revenue-generating women's sports.
Global women’s sports revenue to top $3 billion in 2026, according to new report
Women’s sports revenues are projected to hit $3 billion in 2026, marking a 340% increase.
Golisano Institute prepares to build business innovation in Buffalo
BUFFALO, N.Y. (WIVB) — In 1971, Tom Golisano had $3,000 and an idea — to start his company Paychex. Decades later, the billionaire from Rochester is inspiring others to find their passi…
A first for Michigan's $2.4B SOAR business incentive program: New jobs
Michigan's $2.4 billion business incentive program has created 1,846 jobs among 10 companies, despite controversy.
White House Budget For 2027 Set To Slash Science, Climate, And Environment Funding By Billions
Meanwhile, the military is hoping to receive a 44 percent increase in funding.
How does mitochondrial DNA affect your health? - Salk Institute for Biological Studies
Highlights Salk scientists have created a platform to study mitochondrial DNA mutations that lead or contribute to human disease They generated a library of 155 mitochondrial DNA mutant cells, nearly the human level of mitochondrial DNA mutant diversity The platform and library will accelerate innovation in the mitochondrial disease therapeutic space LA JOLLA—Some of your most important life partners are the mitochondria that power all your cells. You and these little cellular powerhouses are in a 1.5-billion-year-old evolutionary relationship—but mitochondria brought some baggage. Mitochondria brought their own DNA with them when they joined with the bigger, more complex cells so long ago, and today that mitochondrial DNA influences human health.
President's budget brings back NASA science cuts
The President's Budget Request for fiscal year 2027 calls for $18.8 billion in NASA spending, a $5.6 billion cut.
Plastic bags infest the Kansas prairie, degrading and threatening our health. We can change course.
Every year, Americans use more than 100 billion plastic bags, and most are used for just 12 minutes. The problem? Those bags don’t disappear.
Deloitte Global: Women's Elite Sports Continue to Change the Game with Revenues Expected to Reach at Least US$3 Billion Globally in 2026
/PRNewswire/ -- Key takeaways Women's sports are expected to continue to surge: Global revenues are expected to reach at least $3 billion in 2026, an increase...
Billionaire Bill Ackman Thinks This Entertainment Giant Is "Dramatically Underperforming." Here's His $64 Billion Plan to Fix It This Year
This is the latest move by the hedge fund manager to be the modern-day Warren Buffett.
McConnell touts $18.5 million in federal funding for northern Kentucky
The funding for those projects is part of nearly $2.6 billion set aside for Kentucky for fiscal year 2026, which McConnell’s office said is a single-year record for the commonwealth.
Miller-Meeks Leads Rural Health Transformation Program Roundtable in Washington County
WASHINGTON, IA – U.S. Representative Mariannette Miller-Meeks (IA-01) convened her third Rural Hospital Roundtable with Iowa HHS, and leaders from hospitals across Southeast Iowa to discuss the $50 billion Rural Health Transformation Program, and the impact it will have in Iowa.
White House Looking to Cut $3.4 Billion From NASA Science
The 2027 budget proposes to end major scientific initiatives in favor of crewed missions to the Moon and Mars.
Freestone Grove's growth spurt sees assets jump past $6 billion
Freestone Grove, a hedge fund launched by Citadel veterans Todd Barker and Daniel Morillo, has expanded assets and headcount since launching in 2024.
Bill Ackman’s Fund Offers to Buy Universal Music in $64 Billion Deal
The complex transaction pitched by the billionaire hedge fund manager would need to pass muster with the music label’s shareholders.
Amazon reaches U.S. Postal Service deal for 1 billion packages
Amazon has reached a new agreement with the U.S. Postal Service, providing a lifeline to the beleaguered government agency.
Columbia stands to lose tens of millions as White House reopens push to cut science funding
Columbia stands to lose tens of millions in federal funding for fiscal year 2027 if Congress accepts a new budget request from President Donald Trump, released on Friday, which seeks to cut over $15 billion from federal science agencies.
Spanberger signs bipartisan bills tied to billions in business investment across Virginia
Gov. Abigail Spanberger on Monday signed a package of economic development bills aimed at securing billions of dollars in private investment and creating thousands of jobs across Virginia, highlighting projects in Southside and Central Virginia tied to manufacturing, energy infrastructure and pharmaceuticals.The legislation supports several major projects announced by the administration in February, including a more than $500 million investment in Pittsylvania County by Avio USA Inc. The company plans to build an 860,000-square-foot manufacturing facility at the Southern Virginia Multimodal Park in the town of Hurt.
Trump administration finalizes better-than-feared Medicare Advantage payment rate in boost to health insurers
The Trump administration will increase average Medicare Advantage payments by 2.48%, or more than $13 billion, in 2027.
Mayor Wu proposes $4.9 billion budget as health care costs grow, federal funding dips
Boston Mayor Michelle Wu is proposing a $4.9 billion budget for the next fiscal year, a 2% increase despite big jumps in health care costs and less federal funding.
I grew up on a ranch. Now I sell them to billionaires.
I grew up working on a ranch and now sell multimillion-dollar properties to billionaires — but I can't afford one.
Billionaire candidate for California governor catching heat for past business interests, wealth
Hedge fund founder Tom Steyer, among the top Democrats running for governor who has spent more than $100 million of his money on his campaign, faces questions about how he made his wealth.
Billionaire candidate for California governor catching heat for past business interests, wealth
Hedge fund founder Tom Steyer, among the top Democrats running for governor who has spent more than $100 million of his money on his campaign, faces questions about how he made his wealth.
Detroit small businesses say tariff refunds could be a lifeline -- if they can clear the federal hurdles
Billions of dollars in tariff refunds could be on the way for American companies but getting that money back will be anything but simple. Experts also warn consumers probably won’t see a dime.
Mark Cuban said CEOs face AI dilemma that could tank their stock
The billionaire said that they can either tear their companies down and rebuild with AI or do nothing. Either way, shareholders won't be happy.
Trump’s 2027 budget proposes deep cuts to science programs
Domestic agencies would face $73 billion in cuts, including reduced funding for scientific research and health and environmental programs
What to know about the Kansas sports authority that will oversee the new Chiefs stadium
Kansas lawmakers have voted to create an 11-member sports authority to carry out a $3 billion stadium deal with the Kansas City Chiefs. Here's a guide to the sports authority's responsibilities, membership and more.
A new way to deliver faster, greener wireless connections indoors
Modern life depends on fast and reliable wireless connections. Video calls, streaming services, virtual reality, and smart devices all place growing demands on networks that already serve billions of ...
Canadians are boycotting U.S. travel over tariffs and politics — and it's already costing America billions
Here's the cost of Canadians boycotting U.S. travel.
Intel "Big Battlemage" BMG-G31 said to feature 27.7B transistors, 48% fewer than AMD Navi 48
Intel BMG-G31 with 27.7 billion transistors on 368 mm² die PC Games Hardware says Intel has now disclosed the missing physical specs for BMG-G31,
State treasurers says tariffs continue to create chaos in Colorado
Colorado businesses paid $1.1 billion in tariffs in 2025, according to state treasurer Dave Young.
The billion-dollar bet that turned insurance into entertainment
Four companies in one of America’s least glamorous industries solved one of its hardest business problems—by stopping talking about their product entirely.
The billion-dollar bet that turned insurance into entertainment
Four companies in one of America’s least glamorous industries solved one of its hardest business problems—by stopping talking about their product entirely.
The billion-dollar bet that turned insurance into entertainment
Four companies in one of America’s least glamorous industries solved one of its hardest business problems—by stopping talking about their product entirely.
Hemp businesses in Mass. unclear on future as federal ban looms
The ban, aimed at wiping out intoxicating “gas station weed,” may also kill a multibillion dollar CBD wellness market, producers warn.
New Owner of Shopping Plaza in Kansas City Pitches a $1.5 Billion Rescue Plan
The Country Club Plaza’s sale and turnaround plans come at a consequential economic time for Kansas City, Mo., which will soon lose the Chiefs football team.
Business leaders want to turn Belle Isle into special economic zone -- what that means
A new $50 billion plan for Belle Isle would transform the island into a special economic zone with high-income housing, shopping, and about 50,000 residents.
Microsoft’s New Windows Update—1 Billion Users Must Now Decide
'Bad news' for Windows users, as controversial browser update turns up on PCs.
Google Changes Gmail After 22 Years—Why You Need A New Email Address
Google's upgrade means 2 billion Gmail users must now decide what to do next.
Google Changes Gmail After 22 Years—Why You Need A New Email Address
Google's upgrade means 2 billion Gmail users must now decide what to do next.
Bucs to talk with Tampa Sports Authority about Raymond James Stadium renovations
Discussions about needs and costs come as the NFL team nears a 2027 decision on extending its lease, and the Rays are seeking about $1.15 billion in public money for a new ballpark across the street.
Trump requests nearly $16 billion in cuts at HHS
Click in for more news from The Hill{beacon} Health Care Health Care The Big Story Trump requests nearly $16 billion in cuts at HHS In its 2027 fiscal reques…
Is there enough supply of cannabis in New York to meet the demand?
New York’s legal cannabis market continues to grow, surpassing $3 billion in total reported retail sales. As demand grows, so must supply.
NIH would get $5 billion cut under Trump’s 2027 budget, but Congress unlikely to go along
The White House is asking Congress to cut $5 billion from the National Institutes of Health and downsize the number of institutes and centers from 27 to 22
White House proposes 23% cut to NASA budget, slashing science funding and prioritizing moon missions
The White House is proposing $18.8 billion for NASA's fiscal year 2027 budget, reducing science funding while prioritizing moon missions.
Google Issues Zero-Day Attack Alert For 3.5 Billion Chrome Users
Google has issued an update alert for 3.5 billion Chrome browser users following confirmation of a new zero-day attack exploit.
FY2027 Budget Request Slashes Billions in Science Funding
The Trump administration is requesting the cancellation of billions of dollars in funds for space science, renewable energy, carbon removal, and climate change education in its FY 2027 budget.
Trump asks Congress to supersize military budget, slash domestic programs
The president’s fiscal 2027 budget request calls for Republicans to use a partisan process for enacting billions for the Pentagon.
Wealthy Donors Are Hiding Political Money in Secretive Nonprofits
Using philanthropy for campaign donations is illegal. But an exception for some nonprofits has allowed Democratic billionaires like Bill Gates and Michael Bloomberg to remain anonymous when they want to play politics.
Amazon considering purchase of Covington-based satellite company, reports say
The $9 billion deal between Amazon and Globalstar would give Amazon a boost as it tries to build a satellite network to compete with that of Starlink, a subsidiary of Elon Musk's company SpaceX.
Labour challenges Farage over cost of private jet trip to Maldives
Anna Turley questions Reform UK leader’s revised £25,000 figure for failed attempt to reach Chagos Islands on plane linked to billionaire donor