Billion

For many tech companies, the past 12 months have been a roller coaster ride, from a pandemic-induced market-wide sell-off in March to one of the largest stock market launches in history. However, this has been an especially wild ride for…

Visitors walk past a Ford Escape Titanium at the Shanghai Auto Show in Shanghai on April 17, 2019.Greg Baker | AFP | Getty ImagesDETROIT - Ford Motor plans to invest $ 29 billion in electric and autonomous vehicles through 2025, the…

Planter peanutsDaniel Acker | Bloomberg | Getty ImagesKraft Heinz is about to sell its Planters brand to spam owner Hormel for around $ 3 billion, the Wall Street Journal reported Tuesday.Hormel stock rose more than 6% on the report…

Restricting trading has reduced the cash or margin cushion it had to hold at its clearing house. The company eased some of those restrictions on Friday and cut the number of companies with trade restrictions from 50 to eight on…

Private jet company Wheels Up is merging with a special purpose vehicle company to go public with a value of more than $ 2 billion - more than double what it was in 2019.The deal, which is expected to close in the second quarter, will make…

A worker climbs a cell tower in Oakland, California.Justin Sullivan | Getty ImagesEvery time someone accesses the Internet via their smartphone, their wireless service provider transmits this data via the radio waves on frequencies for…

American Airlines Flight 718, the first US Boeing 737 MAX commercial flight since regulators lifted a 20-month primer in November, will take off from Miami, Florida on December 29, 2020.Marco Bello | ReutersAmerican Airlines approved the…

Robinhood, the online trading app, announced Thursday that existing investors would raise more than $ 1 billion on a rush.Robinhood, one of the largest online brokers, has been grappling with extraordinarily high trading volumes this week…

According to Apple, the new iPhone 12 led to a sales increase of 21 percent in the last quarter and brought the company for the first time a quarterly sales of over 100 billion US dollars.The tech giant is the third American company to have…

The winning ticket to a $ 1 billion jackpot, the third largest lottery prize in US history, was sold in a Michigan grocery store, according to state lottery officials.The winning numbers, drawn on Friday night, were obtained from a customer…