Tag Archives: Billion

Uber to acquire Postmates for $2.65 billion after losing out on Grubhub deal

Uber is going to acquire Postmates for $ 2.65B. The move would come after Uber’s business took months of major losses due to coronavirus. Financial, Economic and Money News – USATODAY.com

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Mastercard’s plan to connect 1 billion more people and 50 million small businesses to digital economy by 2025

The payment processor is pledging to connect 1 billion people and 50 million small businesses to the digital economy by 2025. Financial, Economic and Money News – USATODAY.com

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Wells Fargo agrees to pay $3 billion to resolve probes into fraudulent practices

Financial, Economic and Money News – USATODAY.com

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Ford to invest $1.45 billion in 2 Detroit area plants, add 3,000 jobs

Ford said about $ 750 million will go the the Wayne plant , where 2,700 jobs will be added, and $ 700 million will be invested in the Dearborn plant. Financial, Economic and Money News – USATODAY.com

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Uber reports $1.16 billion loss but CEO says profitability expected in 2021

Despite mounting losses, Uber CEO Dara Khosrowshahi said Monday that the company’s goal is to reach profitability in 2021. Financial, Economic and Money News – USATODAY.com

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Bipartisan congressional report puts cost to taxpayers of recent government shutdowns at $4 billion

A Senate subcommittee surveyed federal agencies about the impacts of three shutdowns over the past five years. PowerPost

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Bitcoin Transaction Worth $1 Billion USD Moved to Single Wallet

Over $ 1 billion USD worth of Bitcoin was transferred to one wallet today in a major transaction, making it the fifth richest Bitcoin wallet in existence. The Richest Non-Exchange Address A group of large-scale Bitcoin owners, known as whales, moved 94,504 Bitcoins to an unknown wallet, which now becomes the richest non-exchange address, as well as the fifth richest overall. ...

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House Speaker Nancy Pelosi on Tuesday criticized the Trump administration’s decision to transfer $3.6 billion of militar…

House Speaker Nancy Pelosi on Tuesday criticized the Trump administration’s decision to transfer $ 3.6 billion of military construction funds to pay for 175 miles of a wall along the southern border. Fox News (@foxnews) • Instagram photos and videos

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