Plan could limit access to some student loans in health care
WASHINGTON (AP) — A coalition of nursing and other health-care organizations are angry over a Trump administration plan that could limit access to student loans in some cases. Students pursuing graduate degrees in nursing, physical therapy, public health and some other fields would face tighter federal student loan limits under the plan because it doesn’t [...]
Retail sales rise 0.2% in September
WASHINGTON (AP) — Sales at retailers and restaurants increased in September as consumers moderated their spending after splurging over the summer. Sales rose 0.2 percent in September from the previous month, according to new figures from the Commerce Department. The report had been delayed more than a month because of the federal government shutdown. Sales [...]
Trump signs order for AI project that’s designed to boost scientific discoveries
President Donald Trump is directing the federal government to combine efforts with tech companies and universities to convert government data into scientific discoveries, acting on his push to make artificial intelligence the engine of the nation’s economic future. Trump unveiled the “Genesis Mission” as part of an executive order he signed earlier this week that [...]
Best Buy raises profit, sales expectations for current year
Best Buy raised its profit and sales expectations ahead of the holiday shopping season after a strong third quarter. Comparable-store sales at the nation’s largest consumer electronics chain rose 2.7 percent, fueled by computing, gaming and mobile phones. It was the biggest gain in three years for the Minnesota retailer. Best Buy reported net income [...]
Sinclair makes bid to buy out Cincinnati-based EW Scripps for $7 per share
NEW YORK (AP) — Sinclair has submitted a bid to buy out E.W. Scripps for $7 per share, in a deal that could bring further consolidation across America’s local TV news landscape. Under the proposal, which Sinclair disclosed earlier this week, the broadcast giant would acquire all of Scripps’ outstanding shares that it doesn’t already [...]
Ohio high schools OK bylaw to allow NIL agreements
Ohio has become the 45th state to allow high school athletes to enter into name, image and likeness agreements. Member schools of the Ohio High School Athletic Association voted 447-121 to approve the referendum, which was moved up six months after a lawsuit by a standout wide receiver forced the issue. Franklin County Common Pleas [...]
Boeing’s next Starliner flight to carry cargo
CAPE CANAVERAL, Fla. (AP) — Boeing and NASA have agreed to keep astronauts off the company’s next Starliner flight and instead perform a trial run with cargo to prove its safety. NASA also is slashing the planned number of Starliner flights, from six to four. If the cargo mission goes well, then that will leave [...]
Tyson’s plant closure could impact ranchers nationwide
OMAHA, Neb. (AP) — Tyson Foods’ decision to close a beef plant that employs nearly one third of the residents of a small Nebraska community could undermine the profits of ranchers nationwide. Closing a single slaughterhouse might not seem significant, but the Lexington, Neb., plant employs roughly 3,200 people in the city of 11,000 and [...]
AI boom drives Alibaba cloud business to 34% revenue gain
HONG KONG (AP) — China’s Alibaba Group posted a 34 percent jump in revenue from its cloud business in its most recent quarter, buoyed by the boom in artificial intelligence. Yet overall revenue at the Chinese tech group for the July-September quarter increased by just 5 percent year-on-year to $35 billion, and profit fell 52 [...]