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2 mins read

3 major hurricanes in the last 13 months did billions of dollars of damage to Florida's farmlands — and that was before Milton

Milton's estimated damage was on par with the combined damage from Hurricanes Helene, Idalia, and D…

Aditi Bharade   


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1 min read

AI sales startup Clay is raising a new funding round at a $1.3 billion valuation, sources say

Clay helps sales teams by automating outreach to potential customers. The company last raised $46 m…

Sri Muppidi   


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Why Louisiana's $1.3 billion shrimp industry could go extinct

Louisiana catches about 70 million tons of shrimp, but it's not enough to meet America's surging de…

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3 mins read

Amazon's Great Indian Festival and Flipkart's Big Billion Days sale on September 27: Deals to look forward to

Amazon and Flipkart are gearing up for their biggest sales of the year, starting September 27. Prim…

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Boeing is looking for a $19 billion boost

News that Boeing will offer 90 million shares for sale comes days after the company reported a net …

Aditi Bharade,Pete Syme   


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1 min read

Airport industry to see profit before tax of $1.3 billion this fiscal

"The topline will grow due to an increase in aeronautical revenue along with the receipt of…

PTI   


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Hewlett Packard Enterprise confirms it will continue its $4 billion suit against Mike Lynch's estate after he died in a tragic yacht sinking

Lynch and the company had been involved in a nine-year legal battle over the sale of Autonomy. Lync…

Aditi Bharade   


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Warren Buffett's $13 billion bet on Occidental Petroleum turns sour as oil prices hit a 3-year low

The $55 to $60 level has acted as a floor for Occidental Petroleum stock since Buffett started buyi…

Matthew Fox   


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Elon Musk made a $13 billion blunder. Wall Street still wants to work with him.

Yet another reason why the world's richest man isn't like the rest of us.

Peter Kafka   


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Russia may have spent $1.3 billion on an aerial attack as inflation continues to soar in the country on the back of huge state defense spending

The Ukrainian air force said Russia fired 77 Kh-101 missiles in the attack — they cost an estimated…

Rebecca Rommen   


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Elon Musk's net worth fell $15 billion after Tesla's robotaxi event

Elon Musk's net worth plummeted along with Tesla stock after the company's lackluster Robotaxi rele…

Katherine Tangalakis-Lippert   


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5 mins read

The investors behind OpenAI's historic $6.6 billion funding round

OpenAI has raised $6.6 billion in a new funding round that's also one of the largest private invest…

Alex Bitter,Ana Altchek,Hasan…   


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UPI transactions volume rises 52% to 78.97 billion in Jan-Jun: Report

This growth in volume was matched by an increase in transaction value, which climbed from Rs 12.98 …

PTI   


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Dior and Gucci owners suffer $14 billion wealth crash as luxury stocks slide

LVMH's Bernard Arnault and Kering's François Pinault took a hit to their vast fortunes as luxury st…

Theron Mohamed   


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Nvidia's value soars by $400 billion in 5 days. That's more than Costco is worth.

Nvidia's 14% rally has made the chipmaker more valuable than Microsoft, and CEO Jensen Huang the wo…

Theron Mohamed   


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1 min read

Elon Musk added over $30 billion to his net worth in a day on Tesla's post-earnings stock surge

Thursday's surge in Tesla stock solidifies Musk's position as the world's richest person with a tot…

Matthew Fox   


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2 mins read

Warren Buffett's Berkshire Hathaway may have left $23 billion on the table by trimming Apple stock earlier this year

Though Warren Buffett's firm missed out on some gains, Berkshire's Apple trade will likely go down …

Matthew Fox   


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3 mins read

RBI goes high on gold, adds 102 metric tonnes to its reserves between April-Sep, as total gold demand touches $100 billion

The increased domestic gold holdings have also boosted the precious metal's share in India's total …

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3 mins read

Investors are piling into real estate as values skyrocket by up to 38%. 13 metros with the highest gains, and 25 that are plunging.

Some metro areas saw a gain of almost 38%, while others are down by 37% from a year ago.

Laila Maidan   


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Vista Outdoor agrees deal to sell its ammunition and sporting goods divisions for $3.4 billion

Vista announced its plan to split into two divisions in 2022. Its stock price has risen by around 3…

Rebecca Rommen