It took 50 million years for salmon to evolve and only about 50 years to nearly wipe them out. Now, Washington’s native salmon and steelhead populations are getting a reprieve — one stream at a time. Travelers on state Route 8 and U.S. 12 between Olympia and Montesano have been swerving and slowing through five […]
Tag: billions
Former CEO of Brazilian retail giant Americanas arrested amid allegations of billions in fraud
SAO PAULO (AP) — Brazil-Retail-Fraud The former CEO of Brazilian retail giant Americanas, Miguel Gutierrez, was arrested Friday in Madrid, accused of participating in a 25 billion reais ($4.5 billion) fraud scheme. Brazil’s Federal Police added his name to Interpol’s red notice list after determining the company falsified financial results to inflate cash flow and […]
Former CEO of Brazilian retail giant Americanas arrested amid allegations of billions in fraud
SAO PAULO (AP) — Brazil-Retail-Fraud The former CEO of Brazilian retail giant Americanas, Miguel Gutierrez, was arrested Friday in Madrid, accused of participating in a 25 billion reais ($4.5 billion) fraud scheme. Brazil’s Federal Police added his name to Interpol’s red notice list after determining the company falsified financial results to inflate cash flow and […]
Warren Buffett Added $58 Billion to This Ultrasafe Investment Over the Past Year, and He Expects to Add Tens of Billions More by the End of 2024
Warren Buffett is considered one of the greatest investors of all time, and his track record supports that. Since taking control of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) in 1965, he’s managed to increase the value of the business by 4,974,948%. That’s a practically incomprehensible number, so I’ll put it a different way: If you […]
Supreme Court blocks Purdue Pharma opioid settlement, threatening billions of dollars for victims
WASHINGTON — The Supreme Court on Thursday blew up the massive bankruptcy reorganization of opioid maker Purdue Pharma, finding that the settlement inappropriately included legal protections for the Sackler family, meaning that billions of dollars secured for victims is now threatened. The court on a 5-4 vote on nonideological lines ruled that the bankruptcy court did […]
Banker-Lawyer Duo Make Billions From Audacious Natural Gas Bet
(Bloomberg) — The US Gulf Coast is probably the only place in the world where two men with virtually no experience running an energy business could upend a vast industry while becoming billionaires in the process. Most Read from Bloomberg Little more than a decade ago, ex-banker Mike Sabel and lawyer Bob Pender were driving […]
California Democrats approve budget with spending wins. Why they still want billions from voters
California’s Legislature on Wednesday night approved most of the bills that make up the $298 billion budget agreement with Gov. Gavin Newsom to close a roughly $47 billion deficit. The final budget — which Newsom and Democratic legislative leaders announced on Saturday — contains many of Democrats’ spending priorities, including money for homelessness grants, social […]
California Democrats approve budget with spending wins. Why they still want billions from voters
California’s Legislature on Wednesday night approved most of the bills that make up the $298 billion budget agreement with Gov. Gavin Newsom to close a roughly $47 billion deficit. The final budget — which Newsom and Democratic legislative leaders announced on Saturday — contains many of Democrats’ spending priorities, including money for homelessness grants, social […]
A signature Biden law aimed to boost renewable energy. It also helped a solar company reap billions
WASHINGTON (AP) — As he campaigned for the presidency, Joe Biden promised to spend billions of dollars to “save the world” from climate change. One of the largest players in the solar industry was ready. Officials, board members and major investors in First Solar, the largest domestic maker of solar panels, donated at least $1.5 […]
A signature Biden law aimed to boost renewable energy. It also helped a solar company reap billions
WASHINGTON (AP) — As he campaigned for the presidency, Joe Biden promised to spend billions of dollars to “save the world” from climate change. One of the largest players in the solar industry was ready. Executives, officials and major investors in First Solar, the largest domestic maker of solar panels, donated at least $2 million […]
US slaps sanctions on network it accuses of moving billions for Iran’s military
By Daphne Psaledakis WASHINGTON (Reuters) – The United States on Tuesday imposed sanctions on nearly 50 entities and people it accused of moving billions of dollars for Iran’s military, as Washington seeks to increase pressure on Tehran. The U.S. Treasury Department in a statement said those targeted on Tuesday constitute a “shadow banking network” used […]
South Africa Risks Losing Billions Pledged for Climate Finance
(Bloomberg) — South Africa is risking a $9.3 billion climate finance pact by delaying the closing of a number of coal-fired power plants, a panel appointed by the country’s environment minister said. Most Read from Bloomberg In an agreement known as the Just Energy Transition Partnership, South Africa won the bulk of the pledges from […]