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Meta invests $14.3B in AI firm Scale, recruits its CEO for ‘superintelligence’ team

Meta is making a $14.3 billion investment in artificial-intelligence company Scale and recruiting its CEO Alexandr Wang to join a team developing “superintelligence” at the tech giant. The deal announced last week reflects a push by Meta CEO Mark Zuckerberg to revive AI efforts at the parent company of Facebook and Instagram as it faces [...]

By |2025-06-18T09:04:29-04:00Tuesday, June 17, 2025|

Federal government pulls out of river basin agreement; dams will remain in place

SEATTLE (AP) — President Donald Trump last week pulled the federal government out of an agreement with Washington, Oregon and four American Indian tribes to work together to restore salmon populations and boost tribal clean-energy development in the Pacific Northwest, deriding the plan as “radical environmentalism” that could have resulted in the breaching of four [...]

By |2025-06-18T09:04:31-04:00Tuesday, June 17, 2025|

Long-term mortgage rate ticks down to 6.84 percent

WASHINGTON (AP) — The average rate on a 30-year mortgage fell modestly for the second straight week, but home borrowing costs remain elevated. The long-term rate inched back to 6.84 percent from 6.85 percent a week ago, mortgage buyer Freddie Mac said. A year ago, the rate averaged 6.95 percent. Mortgage rates are influenced by [...]

By |2025-06-18T09:04:38-04:00Tuesday, June 17, 2025|

U.S. House OKs bill to combat fentanyl trade

WASHINGTON (AP) — The House overwhelmingly passed bipartisan legislation that would solidify federal policies cracking down on the synthetic opioid fentanyl and its analogs in a bid by lawmakers to combat the nation’s opioid epidemic. The HALT Fentanyl Act makes permanent a 2018 emergency rule that classifies knockoffs of fentanyl as Schedule I controlled substances, [...]

By |2025-06-18T09:04:45-04:00Tuesday, June 17, 2025|

JetZero plans to build $4.7B plant in N.C.

GREENSBORO, N.C. (AP) — JetZero Inc. announced plans to build its first manufacturing plant for a next-generation passenger jet in central North Carolina, a project that if successful would create more than 14,500 jobs there in a decade. The California-based startup intends to build the factory at Greensboro’s airport, investing $4.7 billion. The planned hirings [...]

By |2025-06-18T09:04:48-04:00Tuesday, June 17, 2025|

Trump blocks California’s ban on new gas cars

WASHINGTON (AP) — President Donald Trump signed a resolution that blocks California’s first-in-the-nation rule banning the sale of new gas-powered cars by 2035. The state quickly announced it was challenging the move in court, with California’s attorney general holding a news conference to discuss the lawsuit before Trump’s signing ceremony ended at the White House. [...]

By |2025-06-18T09:10:18-04:00Tuesday, June 17, 2025|

With retail cyberattacks increasing, disruptions in supply chains grow

NEW YORK (AP) — A string of recent cyberattacks and data breaches involving the systems of major retailers have started impacting some shoppers. United Natural Foods, a wholesale distributor that supplies Whole Foods and other grocers, last week said that a breach of its systems was disrupting its ability to fulfill orders — leaving many [...]

By |2025-06-17T15:55:56-04:00Monday, June 16, 2025|
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