Oct 26 U.S. economy grows 4.9 percent, shrugging off interest rates and defying recession forecasts By Christopher Rugaber, Associated Press The nation's economy expanded at a robust 4.9 percent annual rate from July through September as Americans defied higher prices, rising interest rates and widespread forecasts of a recession to spend at a brisk pace. Continue reading
Oct 25 Autoworkers reach a deal with Ford, a breakthrough toward ending the strikes By Tom Krisher, Associated Press The United Auto Workers union says it has reached a tentative contract agreement with Ford that could be a breakthrough to end the nearly 6-week-old strikes against Detroit automakers. Continue reading
Oct 25 Federal officials say plan for water cuts from 3 Western states is enough to protect Colorado River By Kathleen Ronayne, Associated Press The U.S. Department of the Interior is throwing its support behind a proposal by Arizona, Colorado and Nevada. The states' plan would conserve 3 million acre feet of water through 2026. Continue reading
Oct 25 Amazon rolls out independent cloud for Europe to address stricter privacy standards By Michelle Chapman, Associated Press Amazon Web Services said Wednesday that its AWS European Sovereign Cloud, which will be located in and operate out of Europe, will have the same security, availability, and performance as existing AWS Regions but will be separate from them. Continue reading
Oct 25 Food insecurity shot up last year with inflation and the end of pandemic-era aid, a new report says By Ashraf Khalil, Associated Press A new Department of Agriculture report released Wednesday paints a sobering picture of post-pandemic hardship with "statistically significant" increases in food insecurity. Continue reading
Oct 24 More than 40 states sue Meta claiming its social platforms are addictive and harm children’s mental health By Barbara Ortutay, Associated Press The lawsuit filed in federal court in California also claims that Meta routinely collects data on children under 13 without their parents' consent, in violation of federal law. Continue reading
Oct 23 Chevron buys Hess Corp. for $53 billion, the 2nd oil megadeal this month as energy prices soar By Michelle Chapman, Associated Press Chevron is buying Hess Corp. for $53 billion and it's not even the biggest acquisition in the energy sector this month as major producers seize the initiative while oil prices surge. Continue reading
Oct 23 WATCH: Biden announces new tech hubs in 32 states during remarks on Bidenomics and economy By Darlene Superville, Associated Press The White House says the dozens of U.S. technology hubs President Joe Biden is announcing will help communities across the country become centers of innovation critical to its competitiveness. Continue reading
Oct 23 Chevron buys Hess in 2nd recent major fossil fuel industry buyout By Michelle Chapman, Associated Press The Chevron-Hess deal comes less than two weeks after Exxon Mobil said that it would acquire Pioneer Natural Resources for about $60 billion. Crude prices are up 9% this year and have been hovering around $90 per barrel for about… Continue reading
Oct 20 Judge rules Alex Jones can’t use bankruptcy protection to avoid paying Sandy Hook families By Associated Press It's another defeat for Jones in the wake of juries in Texas and Connecticut punishing him over spreading falsehoods about the nation's deadliest school shooting. Continue reading