Contentious $17 Billion Writedown
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House approves bill to bolster contentious drilling project in Arctic wildlife refuge
The House on Wednesday approved controversial legislation that would reinstate rights to drill in a wildlife refuge that were overturned by the Biden administration. The bill, which passed in a 214-199 vote, would reinstate six oil and gas leases ...The Hill - Politics -
How to Create and Customize Stickers with iOS 17
When emoji and Memoji can’t fully capture your emotions, Stickers will do the trick.Wired - Tech -
Adames homers twice with 4 RBIs, Brewers beat Rays 7-1 to take 2 of 3 in contentious series
Willy Adames homered twice with four RBIs and Colin Rea pitched six scoreless innings to lead the Milwaukee Brewers over the Tampa Bay Rays 7-1 in the finale of a contentious three-game seriesABC News - Sports - MLB -
Acer Nitro 17 (2024, AMD) Review: Great Power Yet Affordable
This gaming laptop has poor battery life but delivers plenty of graphical power at a more-than-reasonable price.Wired - Tech -
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Pinterest’s stock soars 17% on big revenue and profit beat, 500 million monthly active users
Pinterest Inc.’s stock soared in extended trading Tuesday following quarterly results and revenue guidance that exceeded Wall Street estimates.MarketWatch - Business -
17-year-old boy held on suspicion of attempted murder after school attack
Two women and a child were injured in the attack at Birley Academy, Sheffield, police say.BBC News - Top stories -
17-year-old boy charged with attempted murder after assaulting 3 at school in England
Police say a 17-year-old boy has been arrested on suspicion of attempted murder after three people were assaulted with a sharp object at a secondary school in Sheffield in northern EnglandABC News - World -
17-year-old boy charged with attempted murder after assaulting 3 at school in England
Police say a 17-year-old boy has been arrested on suspicion of attempted murder after three people were assaulted with a sharp object at a secondary school in Sheffield in northern EnglandABC News - Top stories -
Wayfair shares surge 10% after furniture retailer cuts losses by more than $100 million
Wayfair's sales fell in the first quarter, but the furniture retailer narrowed its losses by over $100 million after cutting 13% of its staff.CNBC - Business -
Shell launches $3.5 billion buyback after earning $7.7 billion
Shell’s first-quarter adjusted earnings fell by less than expected, buoyed by strong margins from crude and oil trading, while the energy giant kicked off a $3.5 billion share buyback program as it hurries to close the valuation gap between it and ...MarketWatch - Business -
CPAP Lawsuits Settled for $1.1 Billion
Thousands of people with sleep apnea and other illnesses had sued the company, claiming flawed devices were harming them.The New York Times - Health -
Shell Launches $3.5 Billion Buyback
Shell’s first-quarter adjusted earnings fell by less than expected, and the oil major kicked off a share buyback as it hurried to close the valuation gap to its U.S. rivals.The Wall Street Journal - World -
Shell Launches $3.5 Billion Buyback
Shell’s first-quarter adjusted earnings fell by less than expected, and the oil major kicked off a share buyback as it hurried to close the valuation gap to its U.S. rivals.The Wall Street Journal - Business -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Tech -
Microsoft to Invest $1.7 Billion in AI Infrastructure in Indonesia
The U.S. tech giant said the investment will build on plans to build the company’s first data center region in Indonesia and mark its single biggest investment in Southeast Asia’s largest economy.The Wall Street Journal - Tech - Microsoft -
Alphabet’s Revenue Jumps 15% to $80.5 Billion
Google’s parent company topped revenue and profit estimates and said that it would offer a stock dividend for the first time.The New York Times - Tech -
Microsoft to Invest $2.2 Billion in AI Infrastructure in Malaysia
The U.S. tech giant’s investment over four years will build on previously announced plans to construct its first data center region in Malaysia, and mark its single biggest investment in the country.The Wall Street Journal - World - Microsoft -
Microsoft to Invest $2.2 Billion in AI Infrastructure in Malaysia
The U.S. tech giant’s investment over four years will build on previously announced plans to construct its first data center region in Malaysia, and mark its single biggest investment in the country.The Wall Street Journal - Tech - Microsoft -
Biden to announce $3 billion to replace lead pipes
President Biden will announce Thursday that his administration will be doling out $3 billion in funds to replace lead pipes, which can pose a health hazard. Biden will announce the funds, part of a total of $15 billion from the Bipartisan ...The Hill - Politics - Joe Biden -
What Is TikTok Worth? Some Say $20 Billion, Others Say $100 Billion
The answer depends partly on whether TikTok bundles the U.S. and international businesses, and if it includes its coveted algorithm.The Wall Street Journal - Tech - Tiktok -
Schemes targeting seniors account for $3.4 billion in reported losses, FBI says
Reports of elder fraud crimes increased by 14% in 2023, according to a new federal report.CBS News - Politics -
Microsoft will invest $1.7 billion in AI and cloud infrastructure in Indonesia
Microsoft will invest $1.7 billion over the next four years in new cloud and artificial intelligence infrastructure in Indonesia — the single largest investment in Microsoft’s 29-year history in the countryABC News - Tech - Microsoft -
Amazon Reports $143.3 Billion in Revenue for First Quarter of 2024
The company also reported that profit more than tripled, to $10.4 billion, topping Wall Street expectations.The New York Times - Tech -
AMD says it will sell $4 billion in AI chips this year; stock drops on in-line forecast
AMD sells AI chips that compete with Nvidia, but it makes most of its money from PC chips.CNBC - Business -
Donald Trump is $1.8 billion richer after getting DJT stock bonus
Trump's ownership stake in Trump Media & Technology group now stands at $5.7 billion, buoyed by a rise in the stock's price.CBS News - Top stories - Donald Trump -
Micron Gets $6.1 Billion to Build Three New Facilities
The government grant will fuel up to $125 billion in investment by Micron in New York and Idaho over the next 20 years, U.S. officials said.The Wall Street Journal - Tech -
Truth Social Grants Donald Trump a New $1.8 Billion Stock Bonus
Trump Media & Technology Group, the parent company of the Truth Social network, said in a securities filing that it had issued 36 million new shares and given them to the former president.The Wall Street Journal - World - Donald Trump -
BlackRock is opening a Saudi investment firm with initial $5 billion from PIF
The new platform will be called BlackRock Riyadh Investment Management, or BRIM.CNBC - Business -
Biden Cancels $6.1 Billion in Debt for Former Art Institute Students
The announcement covers 317,000 former students and marks another step in the administration’s student loan relief efforts.The New York Times - Business - Joe Biden -
Biden is forgiving $6.1 billion in student debt for 317,000 people
The Biden administration said it's erasing debt for people who attended the for-profit Art Institutes, which shut down in September.CBS News - Politics - Joe Biden -
Biden is forgiving $6.1 billion in student debt for 317,000 people
The Biden administration said it's erasing debt for people who attended the for-profit Art Institutes, which shut down in September.CBS News - Top stories - Joe Biden -
Nvidia-backed GPU cloud provider CoreWeave surges to $19 billion valuation
CoreWeave intends to set up more of its clouds full of graphics processing units in more places around the world as it goes up against Amazon and Google.CNBC - Business -
Johnson & Johnson Proposes $6.5 Billion in New Talc Settlement Offer
The offer is the company’s third attempt to resolve tens of thousands of claims that its baby powder caused ovarian cancer and mesothelioma.The New York Times - Business -
Viking shares rise 8% after cruise line operator's market debut
The company's initial public offering coincides with a strong rebound in cruise bookings.CNBC - Business -
AI StartupCoreWeaveNearly Triples Valuation to $19 Billion in Five Months
Nvidia-backed company raises $1.1 billion from investors including Fidelity, Magnetar Capital.The Wall Street Journal - Tech - Artificial Intelligence -
Johnson & Johnson offers $6.5 billion to settle talc cancer lawsuits
Plaintiffs have three months to vote on whether to approve a proposed legal settlement that would resolve nearly all talc lawsuits.CBS News - Top stories -
Biden cancels $6.1 billion in loans for ex-Art Institutes students
The Biden administration announced its latest round of student debt relief Wednesday. More than $6 billion will be canceled for 317,000 borrowers who enrolled at any Art Institutes campus between 2004 and 2017. CBS News reporter Haley Ott has more.CBS News - Top stories - Joe Biden -
Microsoft will invest $2.2 billion in cloud and AI services in Malaysia
Microsoft CEO Satya Nadella says the company will invest $2.2 billion over the next four years in new cloud and artificial intelligence infrastructure in MalaysiaABC News - World - Microsoft -
Microsoft will invest $2.2 billion in cloud and AI services in Malaysia
Microsoft CEO Satya Nadella says the company will invest $2.2 billion over the next four years in new cloud and artificial intelligence infrastructure in MalaysiaABC News - Tech - Microsoft