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Tag Archives: billion

Judge Blocks Aetna’s $37 Billion Deal for Humana

By REED ABELSON and LESLIE PICKER January 23, 2017 A federal judge ruled on Monday that a $ 37 billion merger between the health insurance giants Aetna and Humana should not be allowed to go through on antitrust grounds, siding with the Justice Department, which had been seeking to block the deal. The deal ...

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SoftBank’s $100 Billion Investment Fund Starts to Take Shape

By LANDON THOMAS Jr. January 10, 2017 Many business titans have made the trek to Trump Tower for a private audience with Donald J. Trump since he was elected president, but none have made a bigger splash than Masayoshi Son, the billionaire telecommunications entrepreneur. “Ladies and gentlemen, this is Masa of SoftBank of ...

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Yahoo Says 1 Billion User Accounts Were Hacked

SAN FRANCISCO — Yahoo, already reeling from its September disclosure that 500 million user accounts had been hacked in 2014, disclosed Wednesday that a different attack in 2013 compromised more than 1 billion accounts. The two attacks are the largest known security breaches of one company’s computer network. The newly ...

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HSBC Bankers Face Charges in $3.5 Billion Currency Case

The global banking giant HSBC has repeatedly found itself in the cross hairs of American regulators and prosecutors in recent years. To settle allegations of money-laundering and mortgage abuses, it has paid billions of dollars — but has not been criminally charged. That has spurred an outcry that the bank ...

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Volkswagen to Pay $14.7 Billion to Settle Diesel Claims in U.S.

By HIROKO TABUCHI and JACK EWING June 27, 2016 Volkswagen has agreed to pay up to $ 14.7 billion to settle claims stemming from its diesel emissions cheating scandal, in what would be one of the largest consumer class-action settlements ever in the United States. The proposed settlement involving the federal government and lawyers ...

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Vietnam forex reserves hit record high of $38 billion

Vietnam’s foreign exchange reserves have risen 26.6 percent this year to around US$ 38 billion, the highest ever level, news website Saigon Times Online quoted the central bank governor as saying. The State Bank of Vietnam has bought nearly $ 8 billion this year, Le Minh Hung said. He expected ...

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