President Donald Trump has unveiled a sweeping new plan for America's "global dominance" in artificial intelligence, proposing to cut back environmental regulations to speed up the construction of AI supercomputers while promoting the sale of U.S.-made AI technologies at home and abroad. The ...
NEW YORK (AP) — U.S. stocks set more records on Wednesday following a trade deal between the world's No. 1 and No. 4 economies, one that would lower proposed tariffs on Japanese imports coming to the United States. The S&P 500 added 0.8% to its all-time high. The Dow Jones Industrial Average rallied 507 points, or 1.1%, and the Nasdaq composite climbed 0.6% to hit its own record. Stocks jumped even more in Tokyo, where the Nikkei 225 rallied 3.5% after President Donald Trump announced a trade framework that would place a 15% tax on imports coming from Japan. That's lower than the ...
General Motors' profit declined 35% in its second-quarter, including a $1.1 billion hit from tariffs, but the automaker easily topped expectations and stuck by its full-year financial outlook that it lowered in May. GM CEO Mary Barra also said in a letter to shareholders on Tuesday that the ...
NEW YORK (AP) — Wall Street inched to another record on Tuesday following some mixed profit reports, as General Motors and other big U.S. companies gave updates on how much President Donald Trump's tariffs are hurting or helping them. The S&P 500 added 0.1% to the all-time high it had set ...
KINGSFORD — Hometowne Building Supply has been at the same location at 213 E. Carpenter Ave. in Kingsford for more than 100 years. Current owner Joe Bronzyk said the business was originally operated as Eisele Lumber and Fuel by Lewis G. Eisele. It was later purchased by Evo Santoni, a ...
The IT company CEO captured in a widely circulated video showing him embracing an employee at a Coldplay concert has resigned. Andy Byron resigned from his job as CEO of Cincinnati-based Astronomer Inc., according to a statement posted on LinkedIn by the company Saturday. “Astronomer is committed to the values and culture that have guided us since our founding. Our leaders are expected to set the standard in both conduct and accountability, and recently, that standard was not met,” the company said in its post on LinkedIn. The move comes a day after the company said that Byron ...
