Posts Tagged "billion"

Volkswagen scandal widens: $7.three billion value, eleven million autos

Volkswagen scandal widens: $7.three billion value, eleven million autos

How VW cheated on emissions checks Volkswagen mentioned Tuesday it was pressured to set aside $ seven.3 billion to go over the value of a rapidly widening scandal in excess of its emissions engineering — incorporating that the problem could be vastly better than previously considered. It extra that it…

Read More →
Expedia's $1.three billion takeover of Orbitz cleared by Justice Section

Expedia’s $1.three billion takeover of Orbitz cleared by Justice Section

The Justice Section stated the deal is not going to hurt competition or shoppers. Expedia’s $ one.3 billion takeover of Orbitz received the environmentally friendly gentle Wednesday when the Justice Department mentioned it is not going to challenge the offer. Regulators had been worried that merging two of the biggest…

Read More →
Disney bought $2.four billion of its own stock for the duration of industry freakout

Disney bought $2.four billion of its own stock for the duration of industry freakout

5 Spectacular stats about Disney Disney has unleashed the Power — on alone. When Disney ( DIS ) and other media stocks crumbled last month , the property of Star Wars seized on the opportunity to purchase again its stock at what looked like grime low-cost charges. Disney went large,…

Read More →
Tesco quits South Korea in $6 billion offer

Tesco quits South Korea in $6 billion offer

Struggling retailer Tesco is selling its South Korean company in the premier private fairness offer the place has observed. Asian buyout agency MBK Companions is foremost the $ 6.1 billion offer to obtain discount retailer Homeplus from the British grocery store chain. The sale will help Tesco ( TSCDY )…

Read More →
Hackers stole $1.two billion from seven,000 businesses in two a long time

Hackers stole $1.two billion from seven,000 businesses in two a long time

Arrests of hacking traders starts Hackers have funneled $ 1.2 billion out of companies’ accounts given that Oct 2013, the FBI described. Making use of an progressively frequent scam named “enterprise e-mail compromise,” hackers will pose as CEOs of businesses and inquire employees to hand in excess of private financial…

Read More →
Warren Buffett offers absent an additional $2.8 billion

Warren Buffett offers absent an additional $2.8 billion

Warren Buffett on the 1 point to decrease poverty Warren Buffett gave absent $ two.8 billion really worth of Berkshire Hathaway stock to 5 charities, the organization said Monday. It really is the tenth year in a row that Buffett has contributed to the foundations, which consist of the Invoice…

Read More →
Aetna to acquire rival wellness insurance provider Humana for $37 billion

Aetna to acquire rival wellness insurance provider Humana for $37 billion

Aetna has struck a offer to purchase rival health insurance provider Humana for $ 37 billion. Aetna ( AET ) will acquire all fantastic shares of Humana ( HUM ) for a mix of money and stock, at approximately $ 230 for each Humana share, according to a joint statement….

Read More →
Anthem takes its $fifty four billion Cigna bid to the community

Anthem takes its $fifty four billion Cigna bid to the community

Stocks probably to maintain climbing Talks above a attainable merger of two well being insurance giants are acquiring ugly. Anthem went general public this weekend with its bid to consider in excess of Cigna — and Cigna just as publicly explained, No thanks! In a harshly worded letter to Anthem…

Read More →
FIFA crisis? Not with the world's very first $1 billion soccer model

FIFA crisis? Not with the world’s very first $1 billion soccer model

Read More →

China's richest man lost $15 billion in one hour

China’s richest man lost $15 billion in one hour

Hanergy chairman loses $ 15 billion in one hour China’s richest man, Li Hejun, is having a really bad week. Li, chairman of solar panel firm Hanergy, lost $ 15 billion on Wednesday when the stock plummeted 47% in Hong Kong trading — in about an hour. The company itself…

Read More →