Thursday, April 25, 2024

Business

Intel Says It Will Buy Tower Semiconductor For $5.4 Billion

SANTA CLARA, Calif. (AP) — Intel said it is buying Israeli company Tower Semiconductor for $5.4 billion in a deal that could give the California chipmaking giant an edge in the bus...

The Israeli Company Turning Smartphones Into Brain Monitors

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JERUSALEM (JNS) - An Israeli company has turned standard smartphones into neurological monitoring machines backed by artificial intelligence and is about to expand significantly in...

Texas AG Sues Facebook Parent Meta Over Facial Recognition

The Texas Attorney General is suing Facebook parent Meta, saying the company has unlawfully collected biometric data on Texans for commercial purposes, without their informed conse...

Biden Has Long-Term Inflation Plan, But Voter Patience Short

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WASHINGTON (AP) — President Joe Biden came into office with a plan to fix inflation — just not the particular inflationary problem that the country now faces. His belief is that...

Julia Haart Sued by Estranged Husband; Employees Describe Her as Nightmare Boss

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NEW YORK (VINnews) — Netflix star Julia Haart is being sued by her non-Jewish soon-to-be ex-husband. According to reports, wealthy businessman Silvio Scaglia Haart alleges that ...

Ben & Jerry’s Will Make “New Arrangement” for Sales in Israel in Coming Months

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BOSTON (VINnews) — Ben & Jerry’s will work out a “new arrangement” to sell ice cream in Israel. This huge development is not surprising, considering that the value of its paren...

Explainer: Why US Inflation Is So High, And When It May Ease

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WASHINGTON (AP) — Last year, it was a nasty surprise. And it wasn't supposed to last. But now, inflation has become an ongoing financial strain for millions of Americans filling up...

How Supply Chain Issues Are Crushing Hotels — And Your Stay

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For many, supply chain issues mean something like the grocery store is out of oat milk, so you’re stuck with soy instead. For hotels — an industry already hit hard by the COVID-19 ...

Tesla Recalls More Vehicles As US Agency Increases Scrutiny

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DETROIT (AP) — Tesla is recalling nearly 579,000 vehicles in the U.S. because a “Boombox” function can play sounds over an external speaker and obscure audible warnings for pedestr...

Long-Term US Mortgage Rates Hit 3.69%, Highest In 2 Years

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WASHINGTON (AP) — Average long-term U.S. mortgage rates jumped last week to their highest level in more than two years, potentially bumping some homebuyers out of the market with A...

US Inflation Jumped 7.5% In The Past Year, A 40-year High

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WASHINGTON (AP) — Inflation soared over the past year at its highest rate in four decades, hammering America’s consumers, wiping out pay raises and reinforcing the Federal Reserve’...

COVID Blockade In Canada Shuts Down Ford Plant

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TORONTO (AP) — Truck blockades of Canada's capital and U.S. border crossings, including the economically vital bridge to Detroit, forced the shutdown of a Ford plant Wednesday as t...

Samsung Unveils New Phones As Premium Market Share Shrinks

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SAN RAMON, Calif. (AP) — Samsung is trying to reclaim lost ground in the coveted high end of the smartphone market with a new lineup of Galaxy S models designed to appeal to consum...

Apple Says iPhone To Accept Tap-To-Pay Without More Hardware

NEW YORK (AP) — Apple said Tuesday it is expanding the iPhone's capabilities to accept contactless payments, making it easier for merchants to conduct tap-to-pay transactions witho...

American Express To Offer Checking Accounts With Rewards

NEW YORK (AP) — American Express launched its own checking account product on Tuesday, a product that will allow its customers to accrue its popular Membership Rewards points the s...

31M Americans To Bet On Super Bowl, Gambling Group Estimates

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ATLANTIC CITY, N.J. (AP) — A record 31.5 million Americans plan to bet on this year's Super Bowl, according to estimates released Tuesday by the gambling industry's national trade ...

Frontier Airlines Buying Spirit In $3B Low-Cost Carrier Deal

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Frontier is offering to buy Spirit Airlines in a $2.9 billion cash-and-stock deal that will create the nation's fifth largest carrier. The tie-up is valued at $6.6 billion when ...

Florida Home Listed For $650K In Proof-Of-Concept Crypto Auction

GULFPORT, Fla. (AP) — A home along Florida's Gulf Coast will be auctioned off in the upcoming week as a non-fungible token in what is believed to be among the first such transactio...

Yacht Reportedly Built For Bezos Too Big For Dutch Bridge

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ROTTERDAM, Netherlands (AP) — A plan to temporarily dismantle a recently restored historic bridge in the heart of Dutch port city Rotterdam so that a huge yacht, reportedly being b...

SNAP Stock Soars 58% After Posting Profit For 1st Time

Investors are snapping up shares of Snap Inc. after the owner of the disappearing message platform Snapchat surprised Wall Street by posting a quarterly profit for the first time. ...