NEW YORK (AP) — Intel has posted a profit in its first quarterly report since the federal government became a major shareholder in the chipmaker. The one-time American tech icon reported a net income of $4.1 billion, or 90 cents per share, in the three months ending in September, up from a loss of $17 [...]
The number of homes sold in central Ohio is up 2.1 percent so far this year compared to the first nine months of 2024, according to new figures from Columbus Realtors. Home sales increased 7.9 percent in September with an average sale price of $368,290. The average price of a home sold this year is [...]
The U.S. Department of Agriculture was scheduled to reopen about 2,100 county offices across the country last week despite the ongoing government shutdown to help farmers and ranchers gain access to $3 billion of aid from existing programs. The USDA said each Farm Service Agency office will have two workers who will be paid even [...]
TORONTO (AP) — Prime Minister Mark Carney set a goal for Canada to double its non-United States exports in the next decade, saying American tariffs are causing a chill in investment. Carney said many of Canada’s former strengths — based on close ties to America — have become vulnerabilities. “The jobs of workers in our [...]
NEW YORK (AP) — Tesla reported a fourth straight decline in quarterly profit even as sales rose. The car company run by Elon Musk reported third-quarter earnings declined 37 percent to $1.4 billion, or 39 cents a share, from $2.2 billion, or 62 cents a share, a year earlier. That marked the fourth quarter in [...]
MENLO PARK, Calif. (AP) — Meta Platforms is cutting roughly 600 artificial intelligence jobs even as it continues to hire more workers for its superintelligence lab, the company confirmed last week. Axios first reported the cuts, which will affect Meta’s Fundamental AI Research, or FAIR unit, as well as product-related AI and AI infrastructure units. [...]
OMAHA, Neb. (AP) — Union Pacific delivered 7 percent growth in its third-quarter earnings as its CEO continues to make the case for the potential benefits of acquiring one of the railroad operator’s eastern rivals. The Omaha, Neb.-based railroad company said it earned $1.79 billion, or $3.01 per share, in the quarter. That’s up from [...]
Portland Trail Blazers head coach Chauncey Billups and Miami Heat guard Terry Rozier are among 34 people charged in connection with schemes involving illegal sports betting and rigged poker games backed by the Mafia, authorities said last week. FBI Director Kash Patel and other law enforcement officials said the multiple charges involve four of the [...]
WASHINGTON (AP) — In the midst of a federal government shutdown, the government’s gross national debt surpassed $38 trillion last week, a record number that highlights the accelerating accumulation of debt on America’s balance sheet. It’s also the fastest accumulation of a trillion dollars in debt outside of the COVID-19 pandemic: the United States hit [...]
WASHINGTON (AP) — President Donald Trump’s administration last week announced new “massive sanctions” against Russia’s oil industry that are aimed at moving Russian President Vladimir Putin to the negotiating table and bringing an end to Moscow’s war on Ukraine. The sanctions against oil giants Rosneft and Lukoil followed months of calls from Ukrainian President Volodymyr [...]