Mar 06 China says economy got a strong start in 2024, sets sights on latest technology, upgrading factories By Elaine Kurtenbach, Associated Press Top Chinese financial officials have outlined details of the ruling Communist Party's plans for the year, saying a 5% target for economic growth is within reach after a strong start to the year. Continue reading
Mar 06 OpenAI says Musk agreed the ChatGPT maker should become a for-profit company By Kelvin Chan, Associated Press OpenAI has attacked a lawsuit from Elon Musk, saying he supported making the ChatGPT maker a for-profit company. Musk has sued, accusing the company of betraying its founding goal to benefit humanity as it pursued profits instead. Continue reading
Mar 06 SEC approves rule that requires some companies to publicly report emissions and climate risks By Suman Naishadham, Associated Press The U.S. Securities and Exchange Commission on Wednesday approved a rule that will require some public companies to report their greenhouse gas emissions and climate risks. Continue reading
Mar 06 WATCH: Interest rate cuts likely but more evidence needed that inflation tamed, Powell says By Christopher Rugaber, Associated Press Powell noted that inflation is slowing for both goods and services and did not express concern about the government’s latest inflation data, which showed some pickup in price increases in January. Continue reading
Mar 05 Californians vote on measure Gov. Newsom says he needs to tackle homelessness crisis By Trân Nguyễn, Associated Press Proposition 1 would authorize the state to borrow $6.4 billion to build housing and treatment beds and would also restrict how counties use money from a 2004 tax on millionaires meant to fund mental health services. Continue reading
Mar 05 Bitcoin hits record high less than 2 years after FTX collapse cast doubt on digital currencies By Wyatte Grantham-Philips, Associated Press Gains in recent months have been fueled by the anticipation and eventual U.S. approval of bitcoin exchange traded funds earlier this year, which provided access to a much broader class of investors. Continue reading
Mar 05 WATCH: Biden administration to cap credit card late fees at $8 in move against junk fees By Ken Sweet, Josh Boak, Associated Press The Biden administration has portrayed the White House Competition Council as a way to save people money and promote greater competition within the U.S. economy. Continue reading
Mar 04 Ohio foundation begins process to distribute over $860 million in opioid settlement money By Samantha Hendrickson, Associated Press/Report For America The foundation has been tasked with distributing $860 million of the settlements reached with drugmakers and pharmaceutical companies over their roles in the national opioid crisis. Continue reading
Mar 04 Mining company can't tap water needed for Okefenokee wildlife refuge, U.S. says By Russ Bynum, Associated Press A federal agency is asserting legal rights to waters that feed the Okefenokee Swamp and its vast wildlife refuge, setting up a new battle with a mining company seeking permits to withdraw more than 1.4 million gallons per day. Continue reading
Mar 04 China seeks ways to revive slowing economy and salvage housing market as annual congress convenes By Dake Kang, Elaine Kurtenbach, Associated Press China's efforts to restore confidence and rev up the economy will top the agenda during this month’s meeting of the ceremonial national legislature. Continue reading