Philips settles suits over its DreamStation sleep apnea machines for $1.1 billion
Dutch medical device maker Philips said Monday it had reached a $1.1 billion deal in the United States to settle ...
Tag: billion
Activist hedge fund Elliott bets $1 billion on British platinum producer
Elliott Investment Management has built a roughly $1 billion stake in Anglo American Plc, the UK-listed miner that’s received an ...
Porsche AG Q1 Results: Operating profit drops 30% to $1.37 billion on ramp-up costs
FRANKFURT: Porsche on Friday reported a 30% drop in first-quarter operating profit, citing higher investments in what the German luxury ...
Alphabet soars most since 2015 on strong earnings, first dividend and $70 billion buyback
Alphabet CEO Sundar Pichai during the Google I/O developers conference in Mountain View, California, on May 10, 2023.David Paul Morris ...
Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash
Mark Zuckerberg, CEO of Meta testifies before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, ...
Meta’s Reality Labs posts $3.85 billion loss in first quarter
Facebook co-founder and chief executive, Mark Zuckerberg, speaks at an Oculus developers conference while wearing a virtual reality headset in ...
Hilton Q1 Results: Revenue rose 12% to $2.57 billion; co lifts profit forcast
Hilton Worldwide Holdings beat Wall Street estimates for first-quarter revenue and raised its 2024 profit forecast on Wednesday, banking on ...
Consumers may soon get access to a share of $8.8 billion in Inflation Reduction Act home energy rebates
Ryanjlane | E+ | Getty ImagesRebates tied to home energy efficiency and created by the Inflation Reduction Act may start ...
A dot-com entrepreneur who once lost $6 billion in one day has made billions from the Bitcoin rally and his company’s surging shares
Michael Saylor’s big bet on Bitcoin was supposed to be his downfall. Instead, it has helped him reap a huge ...
U.S. Awards Samsung $6.4 Billion to Bolster Semiconductor Production
The Biden administration will give up to $6.4 billion in grants to Samsung, one of the world’s largest chipmakers, the ...
