NEW YORK (AP) — A federal judge has ordered Bank of America to pay more than $540 million to resolve long-running litigation from a federal regulator that alleged the company underpaid mandatory assessments for deposit insurance. The order, reached March 31 and published publicly this week, arrives more than eight years after the Federal Deposit [...]
COLUMBUS (AP) — A political battle fit for the gridiron is underway in Ohio, where state Republican leaders are clashing over whether to single out the Cleveland Browns for help building a new suburban domed stadium or impose tax hikes to fund stadium upgrades for the Cincinnati Bengals and other teams longer term. Neither idea [...]
Intel has announced that it is selling the majority of its Altera chip business to technology investor Silver Lake in a deal valued at $8.75 billion. Silver Lake will own 51 percent of Altera, which Intel acquired in 2015 for $16.7 billion in an effort to expand its business into chip markets focused on wireless, [...]
WASHINGTON (AP) — President Donald Trump has urged Congress to “push hard for more Daylight at the end of a day” in his latest dig at the semiannual changing of clocks. Trump, in a post on his Truth Social media network, said it would be “Very popular and, most importantly, no more changing of the [...]
TOKYO (AP) — Japanese regulators have accused American tech giant Google of violating anti-monopoly laws, echoing similar moves in the United States and Europe. Google Japan said in a statement that it found the action “regrettable.” It said it has invested in Japan significantly to promote innovation as a technology leader. The Japan Fair Trade [...]
WASHINGTON (AP) — President Donald Trump has suggested he might temporarily exempt the auto industry from tariffs he previously imposed on the sector, to give carmakers time to adjust their supply chains. “I’m looking at something to help some of the car companies with it,” Trump told reporters gathered in the Oval Office. The president [...]
A lawmaker duo from northeast Ohio has introduced bipartisan legislation that would require utility companies to bill Ohio consumers in a transparent and straightforward manner. Reps. Sean Brennan, D-Parma, and David Thomas, R-Jefferson, recently explained to members of the Energy Committee in the Ohio House of Representatives the justification for House Bill 158, which they’re [...]
LOS ANGELES (AP) — Nvidia earlier this week announced that it will produce its artificial-intelligence super computers in the United States for the first time. The tech giant said it has commissioned more than 1 million square feet of manufacturing space to build and test its specialized Blackwell chips in Arizona and AI super computers [...]
BANGKOK (AP) — The Trump administration has taken its next steps toward imposing more tariffs on some imports, launching investigations into imports of computer chips, chip making equipment and pharmaceuticals. The Department of Commerce posted notices about the probes late Monday on the Federal Register, seeking public comment within three weeks. It had not formally [...]