Taiwan-based tech giant Foxconn announced Monday its withdrawal from a $19.5 billion joint semiconductor manufacturing deal with Indian metal and energy company Vedanta. The deal’s collapse is a setback for Indian Prime Minister Narendra Modi’s plan to make India a leading source of computer chips and a personal disappointment because the Foxconn-Vedanta plant would have
Foxconn Pulls out of $19.5 Billion Chip Deal in Setback for Narendra Modi’s Tech Agenda
September 19, 2023 by
Oops: $3 Billion Pentagon Accounting Error Means More Arms for Ukraine
July 23, 2023 by
What’s a lazy couple of billion in U.S. taxpayer dollars when there’s a war in Eastern Europe to fight? That question was answered Thursday when the Defense Department revealed it can send more weapons to Ukraine without Congress spending approval after the Pentagon overestimated the value of the arms it has already sent Kyiv by some $3
California Faces a $32 Billion Deficit, ‘This Was Not an Easy Budget’
July 18, 2023 by
California Governor Gavin Newsom (D) announced a revised budget plan to address the state’s $32 billion deficit. Since January, the state’s deficit has grown by $10 billion, as reported by the AP. While the state’s budget is balanced this year, in the coming years the state is committed to spending more money than it will
George Soros Gives His ‘More Political’ Son Control Of $25 Billion Empire
June 12, 2023 by
Left-wing billionaire George Soros has handed control of his $25 billion financial empire to his son Alexander, The Wall Street Journal reported. The board of Open Society Foundations elected the younger Soros, who describes himself as “more political” than his father, as chairman in December, a position that George Soros said his younger son “earned,”
Silicon Valley Bank Run Drained $42 Billion of Deposits
April 6, 2023 by
Philip Pacheco/Bloomberg via Getty Images The collapse of Silicon Valley Bank was caused by a massive run on the bank, with customers initiating withdrawals of $42 billion this week. The bank was placed into Federal Deposit Insurance Corp. receivership on Friday after the California Department of Financial Protection and Innovation (DFPI) determined the bank had
Credit Suisse to Borrow up to 50 Billion Swiss Francs from Swiss National Bank
April 4, 2023 by
Credit Suisse announced it would borrow up to 50 billion Swiss francs from the Swiss National Bank in a move to strengthen its liquidity amid dwindling stock prices. Fifty billion Swiss francs is the equivalent of $53.68 billion. Credit Suisse is the country’s second biggest lender. On Wednesday, Credit Suisse’s shares went down as much
Israeli Banks Transferred $1 Billion Out of SVB Before Collapse
March 15, 2023 by
According to a report by the Times of Israel, the country’s two largest banks were able to transfer $1 billion out of Silicon Valley Bank to accounts in Israel before it was seized by the feds. Silicon Valley Bank (SVB), the 16th largest bank in the United States at the time of its failure late […]
Disney’s Woke Streaming Services Still Losing More than $1 Billion a Quarter as Bob Iger Tries to Rein in Spending
March 9, 2023 by
Disney’s woke streaming services are still hemorrhaging money at an alarming rate, losing more than $1 billion a quarter at a time when CEO Bob Iger is trying to put the brakes on the company’s runaway spending habits. For its first fiscal quarter, Disney’s direct-to-consumer business — which includes Disney+, Hulu, and other services —
Ohio House passes $12.6 billion state transportation budget in response to East Palestine train derailment
March 2, 2023 by
Proposed safety measures in response to the East Palestine train derailment are part of a $12.6 billion state transportation budget passed Wednesday by the Ohio House with bipartisan support. The budget proposal would fund pavement, bridges and other highway projects over two years and includes $1 billion targeted for improvements to rural highways. It would […]
Poll: Near Majority of Republicans Want Less Foreign Aid as Congress Poised to Grant Ukraine $37 Billion
January 27, 2023 by
A near majority of Republican voters want to decrease foreign aid as Congress is poised to grant as much as $37 billion in aid to Ukraine. A Morning Consult poll released in late November found that 48 percent of registered Republican voters want to decrease the provisioning of foreign aid. The survey revealed that 48
Florida is pulling $2 billion from woke multinational investment BlackRock that is pushing ESG on our corporations large and small
December 10, 2022 by
Florida Pulling $2 Billion From BlackRock As Company Pushes ‘Social-Engineering’ With Taxpayer Dollars MANHATTAN, NEW YORK, UNITED STATES – 2021/10/18: BlackRock offices in New York City. Founded in 1988, BlackRock, Inc. is an US multinational investment management corporation. The corporation is the world’s largest asset manager, with $8.67 trillion in assets under management as of […]
‘My Son Hunter’ True Fact: Hunter Biden Secured $1.5 Billion from CCP Following China Trip with VP Joe Biden
November 16, 2022 by
NICHOLAS KAMM/AFP via Getty Images/mysonhunter.com My Son Hunter, the new movie from Breitbart News, is a fact-based dramatization of the life of debauchery and corruption lived by the first son Hunter Biden. Although the movie takes certain artistic liberties, many scenes portray true accounts of the Biden scion’s life; this “True Fact” series will detail those
Chuck Schumer Lobbying for ‘at Least $12 Billion’ in Ukraine Aid to ‘Win the War’
November 15, 2022 by
Senate Majority Leader Chuck Schumer (D-NY) said on Sunday he is requesting “at least $12 billion” in aid for Ukraine in a stop-gap spending bill. Schumer said during a press conference on Sunday, “Ukraine has made significant advances against Russia in the war, the vicious war that Putin has waged against the Ukrainian people.” The New
New York City Wants $1 Billion to Help Exploit Biden’s Migrants
November 7, 2022 by
New York City’s Mayor Eric Adams wants $1 billion from other Americans to subsidize the city’s economic strategy of importing penniless immigrants for use by New York’s business leaders. “We need help — and we need to now,” Democratic Mayor Eric Adams said in a Friday press conference, adding: Today we’re issuing a clear message
Republicans Make $928 Billion Counteroffer on Infrastructure, Joe Biden’s Offer at $1.7 Trillion
May 27, 2021 by
Senate Republicans have offered a second infrastructure counter proposal of $928 billion over eight years on Thursday, as the Biden administration’s stands at $1.7 trillion. The new new offer includes: $506 billion for roads, bridges, and major projects $89 billion for rail $21 billion for safety $22 billion for waterways $56 billion for airports $22…
Amazon Gobbles Up MGM in $8.45 Billion Acquisition; Takes Over James Bond, ‘Rocky’ Movies
May 27, 2021 by
Amazon is officially acquiring the legendary Hollywood studio MGM in a blockbuster billion deal that will boost the Silicon Valley giant’s already sizable presence in Hollywood and give a competitive edge to its Prime Video streaming service. In an announcement Wednesday morning, Amazon and MGM said they have entered into a definitive merger agreement under…
Report: Robinhood Raised $3.4 Billion Since Thursday
February 3, 2021 by
Robinhood has tapped investors for another $2.4 billion over the weekend, bringing its total since last week to $3.4 billion, according to the Wall Street Journal. The company has seen a surge in trading thanks to the rocketing of stocks like GameStop, testing the app-based broker’s ability to meet collateral requirements from the behind the scenes…
Dominion Voting Systems Sues Sidney Powell For Libel, Seeks $1.3 Billion
January 9, 2021 by
January 08, 2021 12:36 PM ET Dominion Voting Systems filed a $1.3 billion defamation lawsuit Friday against Trump lawyer Sidney Powell over “wild accusations” that the company rigged the election to ensure victory for President-elect Joe Biden. Powell has claimed that the Dominion, whose vote-counting equipment was used by multiple states in November’s elections, purposefully…
Chinese Companies Made E1.5 Billion from Italy During Pandemic
December 14, 2020 by
The left-wing Italian government has spent €1.57 billion on supplies from Chinese companies during the Wuhan virus pandemic. From January 31st to November 17th, the leftist coalition spent €4.73 billion, much of which went on medical supplies and other items, with 36.25 per cent of the cash going to foreign companies. Of the 1.71 billion…
UN says 1 billion students affected by closures, largest amount in history
August 4, 2020 by
The United Nations chief says the coronavirus pandemic has led to the largest disruption of education in history, with schools closed in more than 160 countries in mid-July affecting more than 1 billion students.In addition, Secretary-General Antonio Guterres said Tuesday that at least 40 million children worldwide have missed out on education “in their critical…
American Donations to Charities Set Record in 2017 – Gifts Exceeded $400 Billion for 1st Time in History!
July 4, 2018 by
Americans gifted more money to charities in 2017 than any other year in recorded history, surpassing more than $400 billion in donations! According to GivingUSA.org Americans set a record in giving in 2017 due to a booming stock market and a strong economy. All together Americans gave an estimated $410.02 billion in 2017, according to […]
Trump Trolls Obama: It Didn’t Take $150 Billion To Do North Korean Deal
June 13, 2018 by
In an interview with ABC News’ George Stephanopoulos, President Donald Trump took a swipe at former President Barack Obama, suggesting that he was able to secure a deal with a rogue nuclear nation without dropping pallets full of cash on Tehran tarmacs. Many of the same media figures who’ve scoffed at Trump’s attempt to ink […]
Record exports cut US trade deficit to $49 billion.
May 6, 2018 by
WASHINGTON (AP) — Record exports trimmed the U.S. trade deficit in March, the first drop in seven months in a massive gap that President Donald Trump is determined to shrink with an aggressive America first policy. The Commerce Department says the trade deficit — the difference between what America sells and what it buys in […]
Donald Trump Plans $60 Billion in Tariffs Against China.
March 21, 2018 by
President Donald Trump is planning to launch as much as $60 billion in tariffs against China. The new tariffs will be a response from the United States to China’s intellectual property theft, according to the report from Bloomberg News. The president continues to signal aggressive trade actions in response to the growing trade deficit with […]
TWO MILLION Leave Food Stamp Rolls in Trump’s First Year — Saving Country $3 Billion Annually.
March 19, 2018 by
Over two million people left the food stamp rolls in President Trump’s first year in office. The Washington Free Beacon reported: The number of individuals receiving benefits from the Supplemental Nutrition Assistance Program (SNAP), otherwise known as food stamps, declined by more than two million in fiscal year 2017, according to data released by the […]
WINNING! President Trump Saves $1.4 Billion in Boeing Air Force One Deal.
February 28, 2018 by
President Trump reached a deal with Boeing Corporation on the development of two new Air Force One planes. The president reportedly saved the country $1.4 billion on the deal. Donald Trump Jr. celebrated his father’s latest success today. It’s amazing what can happen when you actually bother to negotiate. No more waste. #maga https://t.co/GHph34P5Ai — […]
Immigrants Sent $140 Billion From U.S. Back To Homelands in 2016.
February 1, 2018 by
Legal and illegal immigrants wired almost $140 billion from the United States back to their home countries and foreign relatives in 2016. The huge loss of domestic spending by of immigrants’ remittances is spotlighted in a new report by the Pew Research Center, which also noted that $6.5 billion was sent back to the United States […]
Apple to invest $350 billion in U.S. economy and create 20,000 jobs.
January 28, 2018 by
Money repatriated as a result of the tax bill will fund some of Apple’s spending Apple Inc. AAPL, +0.23% announced on Wednesday that it planned to contribute $350 billion to the U.S. economy over five years, through new jobs, a second headquarters, and a series of investments. Apple is expecting to pay a repatriation tax […]
White House Proposal Extends Amnesty for 1.8 Million Illegals in Exchange for 25 Billion for Wall, End of Chain Migration, Visa Lottery.
January 25, 2018 by
The White House revealed a proposal to extend legal status and a path for citizenship for 1.8 million illegal immigrants brought to the country as children in exchange for $25 billion in funding for the wall, an end to chain migration across the board, and an end to the visa lottery program. The bill’s framework […]
Gun Control Fail: ‘Gun Violence’ Costs New York over $5.6 Billion Each Year.
January 23, 2018 by
New York has an “assault weapons” ban, a “high capacity” magazine ban, universal background checks, and “gun violence” costs of over $5.6 billion a year. In other words, gun control is not working in New York, just as it has not worked in Chicago or Baltimore. The annual cost of “gun violence” was put forth […]