billion

Stock Market

Shell Investors Get Surprise $7 Billion Payout on Shale Deal

(Bloomberg) — Royal Dutch Shell Plc shareholders will get an unexpected $7 billion payout after the company promised to give…

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Business

How buy now, pay later became a $100 billion industry

Klarna logos displayed on a laptop and phone screen. Jakub Porzycki | NurPhoto via Getty Images Buy now, pay later…

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Banking

Soccer NFT trading platform Sorare has just raised Europe’s largest-ever Series B from SoftBank. Now, the $4.3 billion startup plans to expand into the US.

Nicolas Julia (left) and Adrien Montfort, Sorare’s founders. Sorare The NFT trading startup Sorare has closed Europe’s largest-ever Series B…

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Banking

Bezos Earth Fund Pledges $1 Billion for Nature and People

NEW YORK, Sept. 20, 2021 /PRNewswire/ — The Bezos Earth Fund today pledged $1 billion to create, expand, manage, and monitor…

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Enterprenuers

NASA reviews private space station proposals, expects to save over $1 billion annually after ISS retires

An artist’s illustration of the Axiom modules attached to the International Space Station. Axiom Space NASA plans to retire the…

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Stock Market

ConocoPhillips to Buy Shell Permian Assets for $9.5 Billion

(Bloomberg) — ConocoPhillips agreed to acquire Royal Dutch Shell Plc’s Permian Basin assets for $9.5 billion in cash, accelerating the…

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Business

Shell announces $9.5 billion sale of West Texas oil field assets to ConocoPhillips

Oil giant Royal Dutch Shell announced Monday a deal to sell the entirety of its Permian Basin assets to ConocoPhillips.…

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Stock Market

Fortunes Tumble From Seattle to Shenzhen in $135 Billion Wipeout

(Bloomberg) — A global rout in stock markets sparked by concerns over China Evergrande Group hit the world’s biggest fortunes…

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Personal Finance

The wealthy may avoid $163 billion in taxes every year. Here’s how they do it

Jeff Bezos, left, and Elon Musk Getty Images; Reuters The wealthiest Americans may be dodging as much as $163 billion…

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Chicago

Lightfoot Unveils $16.7 Billion Spending Plan For 2022, Using Federal Funds And Modest Property Tax Hike To Balance Budget

by Todd Feurer and Meredith Barack CHICAGO (CBS) — Mayor Lori Lightfoot on Monday proposed a $16.7 billion spending plan…

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