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World Bank downgrades forecast for growth to 2.3%

WASHINGTON (AP) — President Donald Trump’s trade policies are expected to lower economic growth this year in the United States and around the world, according to the World Bank forecast. Citing “a substantial rise in trade barriers’’ but without mentioning Trump by name, the 189-country lender predicted that the U.S. economy — the world’s largest [...]

By |2025-06-13T08:56:26-04:00Thursday, June 12, 2025|

Amazon to spend $20B on data centers in Pennsylvania

HARRISBURG, Pa. (AP) — Amazon said it will spend $20 billion on two data center complexes in Pennsylvania, including one it is building alongside a nuclear power plant that has drawn federal scrutiny over an arrangement to essentially plug right into the power plant. Kevin Miller, vice president of global data centers at Amazon’s cloud [...]

By |2025-06-13T08:56:27-04:00Thursday, June 12, 2025|

S.C. battery plant pauses construction

COLUMBIA, S.C. (AP) — A Japanese company has halted construction on a $1.6 billion factory in South Carolina to help make batteries for electric BMWs, citing “policy and market uncertainty.” While Automotive Energy Supply Corp. didn’t specify what those problems are, South Carolina’s Republican governor said the company is dealing with the potential loss of [...]

By |2025-06-12T14:08:00-04:00Wednesday, June 11, 2025|

Consumers, lawmakers are skeptical of potential issues with digital price tags

Digital price labels, which are rapidly replacing paper shelf tags at supermarkets, haven’t led to demand-based pricing surges, according to a study authored by Ioannis Stamatopoulos of the University of Texas, Austin, Robert Evan Sanders of the University of California, San Diego and Robert Bray of Northwestern University. The academicians said they examined five years’ [...]

By |2025-06-12T14:08:04-04:00Wednesday, June 11, 2025|

New drone orders aim to counter security threats, promote use of flying cars

WASHINGTON (AP) — President Donald Trump says he wants to counter the threats drones pose to national security under new rules released last week, while also aiming to make it possible for Americans to fly faster than the speed of sound and expedite the development of the flying cars of the future. The three executive [...]

By |2025-06-12T14:08:09-04:00Wednesday, June 11, 2025|

Under Patel, FBI heightens focus on violent crime and illegal immigration

WASHINGTON (AP) — When the FBI arrested an accused leader of the MS-13 gang, Kash Patel was there to announce the case, trumpeting it as a step toward returning “our communities to safety.” Weeks later, when the Justice Department announced the seizure of $510 million in illegal narcotics bound for the United States, the FBI [...]

By |2025-06-12T14:08:11-04:00Wednesday, June 11, 2025|

Athletes express concern over NCAA settlement’s impact on non-revenue sports

Sydney Moore and Sabrina Ootsburg were surrounded by hundreds of college athletes at a convention in Charlotte when news broke that the $2.8 billion NCAA settlement had been approved by a federal judge. In a room full of college athletes, they felt like the only two people who understood the gravity of the situation. “I’m [...]

By |2025-06-12T14:08:14-04:00Wednesday, June 11, 2025|

Michaels completes acquisition of Joann labels

NEW YORK (AP) — Craft labels from the now-shuttered fabrics seller Joann are making their way to a new home: Michaels. The Michaels Companies announced last week it had completed its purchase of Joann’s intellectual property and private label brands in an acquisition that arrives as the Texas-based arts and crafting chain works to expand [...]

By |2025-06-12T14:08:15-04:00Wednesday, June 11, 2025|

Getty Images, Stability AI face off in copyright trial

LONDON (AP) — Getty Images is facing off against artificial intelligence company Stability AI in a London courtroom for the first major copyright trial of the generative AI industry. The trial could last for three weeks. Stability, based in London, owns a widely used AI image-making tool that sparked enthusiasm for the instant creation of [...]

By |2025-06-12T14:08:16-04:00Wednesday, June 11, 2025|

Warner Bros. Discovery to split into 2 companies

NEW YORK (AP) — Warner Bros. Discovery will split into two public companies by next year, calving off cable operations from its streaming service as the number of people “cutting the cord” brings with it a sustained upheaval in the entertainment industry. Warner Bros. Discovery said that Streaming & Studios will include Warner Bros. Television, [...]

By |2025-06-12T14:08:25-04:00Wednesday, June 11, 2025|
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