Matt Ott

2 weeks ago | castanet.net | Elaine Kurtenbach |Matt Ott |Ian Bickis |Thomas Adamson

U.S. stocks are drifting lower as momentum wanes from a big rally that had brought the market to the brink of a record. The S&P 500 fell 0.3% in early trading Thursday. The Dow Jones Industrial Average was down 238 points, or 0.6%. The Nasdaq composite lost 0.2%. Treasury yields fell in the bond market after a report on inflation in wholesale prices came in milder than expected. Boeing’s stock fell after one of the company’s jets crashed in India with more than 240 people aboard.

2 weeks ago | cnyhomepage.com | Matt Ott |Josh McMullen

WASHINGTON (AP) — U.S. filings for jobless benefits were unchanged last week, remaining at the higher end of recent ranges as uncertainty over the impact of trade wars lingers. New applications for jobless benefits numbered 248,000 for the week ending June 7, the Labor Department said Thursday. Analysts had forecast 244,000 new applications. A week ago, there were 248,000 jobless claim applications, which was the most since early October and a sign that layoffs could be trending higher.

2 weeks ago | nwaonline.com | Matt Ott

WASHINGTON -- Meta has cut a 20-year deal to secure nuclear power to help meet surging demand for artificial intelligence and other computing needs at Facebook's parent company. The investment with Meta will also expand the output of a Constellation Energy Illinois nuclear plant. The agreement announced Tuesday is just the latest in a string of tech-nuclear partnerships as the use of AI expands. Financial details of the agreement were not disclosed.

2 weeks ago | argus-press.com | Matt Ott

WASHINGTON (AP) — Meta has cut a 20-year deal to secure nuclear power to help meet surging demand for artificial intelligence and other computing needs at Facebook’s parent company. The investment with Meta will also expand the output of a Constellation Energy Illinois nuclear plant. The agreement announced Tuesday is just the latest in a string of tech-nuclear partnerships as the use of AI expands. Financial details of the agreement were not disclosed.

3 weeks ago | castanet.net | Bernard Condon |Barbara Ortutay |Elaine Kurtenbach |Matt Ott

A convicted killer in Utah who developed dementia while on death row for 37 years is competent enough to be executed, a state judge ruled late Friday. Ralph Leroy Menzies, 67, was sentenced to die in 1988 for killing Utah mother of three Maurine Hunsaker. Despite his recent cognitive decline, Menzies “consistently and rationally understands" what is happening and why he is facing execution, Judge Matthew Bates wrote in a court order.