CNN — More than $60 billion may have been paid out in fraudulent unemployment insurance benefits during the Covid-19 pandemic, according to a report released Monday by the US Government Accountability Office….
Tag: billion
Space imaging company Maxar agrees to $6.4 billion takeover
BOSTON — Maxar Technologies, a provider of space imaging services to companies and governments, agreed to be acquired by private equity firm Advent International in an all-cash transaction valued at $6.4 billion….
The 5 biggest losers in the S&P 500 this year have seen $720 billion in market value erased
2022 has been a brutal year for investors, with nearly 70% of S&P 500 companies delivering negative returns year-to-date. And the losses have been big, with 20 S&P 500 companies getting cut…
Stablecoin BUSD’s Supply Shrunk by 3.24 Billion in 3 Days, Market Cap Is Down 20% Since Last Month – Altcoins Bitcoin News
While billions of dollars in crypto assets have been withdrawn from Binance, the world’s largest exchange in terms of volume, the stablecoin BUSD has seen its coins in circulation drop considerably during…
Stock Market Timers Pony Up $25 Billion and Get Another Thrashing
(Bloomberg) — For all its twists and turns, the 2022 market has also been a story of patterns repeating. Stocks fall, shorts cover, quants buy, then everyone jumps back in just in…
Maxar Technologies acquired by private equity firm in $6.4 billion deal – SpaceNews
Maxar is being acquired by Advent International, a global firm with $89 billion in assets under management WASHINGTON — Maxar Technologies, a space company that gained global attention with its high-resolution satellite…