Tag: billion
Stephen Baldwin Reacts to Hailey Bieber’s $1 Billion Rhode Deal
Hailey Bieber’s dad Stephen Baldwin revealed his thoughts on the 28-year-old selling her Rhode Skin company to e.l.f. Beauty in a $1 billion deal. Stephen Baldwin is one proud papa. Hailey Bieber‘s dad recently reacted to the news that she sold her Rhode Skin company to e.l.f. Beauty in a $1 billion deal. “It took her three…
Pop Mart CEO & Labubu Maker’s Billion Dollar Net Worth Revealed
The Labubu is the hottest toy of 2025, and the net worth of Wang Ning—the founder of the company Pop Mart, which distributes the toy—is proof. Labubu is securing the bag—in more ways than one. As sales of the toy continue to skyrocket, Mart’s Wang Ning is cashing in on a staggering, 10-digit profit. Ning—who…
Rising poverty in conflict zones ‘causes a billion people to go hungry’
In first assessment since pandemic in 2020, World Bank urges other countries to step up support Extreme poverty is accelerating in 39 countries affected by war and conflict, leaving more than a billion people to go hungry, according to the World Bank. Civil wars and confrontations between nations, mostly in Africa, have set back economic…
Purdue Pharma, Sacklers reach new $7.4 billion opioid settlement
Brian Mann All 50 states as well as the District of Columbia and U.S. territories have approved a $7.4 billion settlement with Purdue Pharma, maker of Oxycontin, over the company’s improper marketing of opioids. The deal was filed with a federal bankruptcy court by Purdue Pharma officials in March after negotiations with state attorneys general…
Hailey Bieber Sells Rhode to e.l.f. Beauty for $1 Billion
Hailey Bieber officially sold her Rhode Skin company to e.l.f. Beauty in a $1 billion deal, saying that the decision was made in hopes of “bringing rhode to more spaces, places, and faces globally.” Hailey Bieber is on the rhode to going global. The 28-year-old has officially sold her Rhode Skin company to e.l.f. Beauty…
Dick’s Sporting Goods is buying Foot Locker for $2.4 billion
Alina Selyukh Athletic retailer Dick’s Sporting Goods plans to buy Foot Locker, the seller of shoes in many a shopping mall, for about $2.4 billion. Dick’s is the largest sports retail chain in the U.S. It’s been on strong financial footing, but it doesn’t have reach outside the country. Foot Locker, for its part, has…
Education Department stops $1 billion in funding for school mental health
Cory Turner The Trump administration says it will stop paying out $1 billion in federal grants that school districts across the country have been using to hire mental health professionals, including counselors and social workers. The U.S. Department of Education is telling impacted districts that the Biden administration, in awarding the grants, violated “the letter…
Taiwan President Defends TSMC’s $100 Billion U.S. Chip Investment
Trump Administration The Taiwanese chip giant TSMC’s plan to invest $100 billion in the United States has been met with anxiety and criticism in its home country. By Chris BuckleyMeaghan Tobin and Amy Chang Chien Reporting from Taipei, Taiwan President Lai Ching-te of Taiwan on Thursday sought to reassure his citizens that a plan by…
NIH funding freeze stalls applications on $1.5 billion in medical research funds
Rob Stein The National Institutes of Health has stopped considering new grant applications, delaying decisions about how to spend millions of dollars on research into diseases ranging from heart disease and cancer to Alzheimer’s and allergies. The freeze occurred because the Trump administration has blocked the NIH from posting any new notices in the Federal…
Biden Announces $2.5 Billion in Security Aid to Ukraine
Russia-Ukraine War The Treasury Department also released an additional $3.4 billion in budget aid as the Biden administration rushes assistance to Kyiv in its final weeks in office. By Helene Cooper Reporting from Washington The United States is sending nearly $2.5 billion in security assistance to Ukraine, as the Biden administration continues to rush military…
Ancient Moon Melt Event May Explain 150-Million-Year Gap in Age Estimates
Ancient Moon Melt Event May Explain 150-Million-Year Gap in Age Estimates The moon may have melted 4.35 billion years ago—explaining a lunar age mystery By Payal Dhar edited by Sarah Lewin Frasier Join Our Community of Science Lovers! The moon is Earth’s closest neighbor in space and the only extraterrestrial body humans have visited. Yet…