NEW YORK (AP) — Tesla sales declined in the first three months of the year, another sign that the once high-flying electric car company is struggling to attract buyers. The drop of 13 percent is likely due to combination of factors, including its aging lineup, competition from rivals and a backlash to owner Elon Musk’s [...]
WASHINGTON (AP) — After TikTok was banned in the United States earlier this year, President Donald Trump gave the platform a reprieve, barreling past a law that was passed in Congress and upheld unanimously by the Supreme Court that said the ban was necessary for national security. The Republican president’s executive orders have spurred more [...]
HARRISBURG, Pa. (AP) — The owners of what was once Pennsylvania’s biggest coal-fired power plant said they will turn it into a $10 billion natural gas-powered data center campus designed to capitalize on the fast-growing energy demands of Big Tech companies to power artificial intelligence and cloud computing applications. The former Homer City Generating Station, [...]
WASHINGTON (AP) — The Supreme Court on Monday heard arguments in a case involving a Catholic charitable organization pushing back against the state of Wisconsin in the latest religious rights case to come before the court. The justices are considering whether the Catholic Charities Bureau should have to pay unemployment taxes because the work of [...]
CHICAGO (AP) — Illinois state Rep. Travis Weaver remembers how surreal it felt having Heisman Trophy winner Mark Ingram sit a few rows behind him in a political science class. He will never forget the pure joy in Alabama every time the Crimson Tide rolled to the national championship, either. Weaver was there for two [...]
The Ohio Casino Control Commission issued cease and desist notices April 1 to three companies offering event contracts on sporting events to Ohioans. An event contract is a type of financial derivative that allows traders to speculate on the outcome of a specific event, according to the website of Robinhood, one of the companies targeted [...]
A U.S. bankruptcy court judge has denied Johnson & Johnson’s settlement plan related to baby powder containing talc, providing another setback in the company’s efforts to resolve the matter. It is the third bankruptcy case for a J&J company as it relates to the baby powder issue. Red River Talc LLC, a J&J subsidiary, was [...]
Hooters, the Atlanta-based restaurant chain known for chicken wings and “Hooters Girls” in skimpy wait-staff outfits, has filed for bankruptcy protection. HOA Restaurant Group filed the motion for Chapter 11 protection in the North Texas Bankruptcy Court in Dallas. The company, founded in Clearwater, Fla., in 1983, ran into financial woes as its debts mounted, [...]
Dow, a major producer of chemicals and plastics, wants to use next-generation nuclear reactors for clean power and steam at a Texas manufacturing complex instead of natural gas. Dow’s subsidiary, Long Mott Energy, applied to the U.S. Nuclear Regulatory Commission for a construction permit. It said the project with X-energy, an advanced nuclear reactor and [...]