Microsoft will invest $2.2 billion in cloud and AI services in Malaysia
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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 Malaysia. It marks Microsoft’s single …
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5/2/24
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For ex-Derby winner Silver Charm, it's a life of leisure and Old Friends at Kentucky retirement farm
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Michael Blowen can step outside his house anytime and visit retired racehorses at Old Friends, the thoroughbred retirement farm he founded in Kentucky two decades ago. The farm is dedicated to …
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By BRUCE SCHREINER
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5/2/24
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More money is going to African climate startups, but a huge funding gap remains
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African climate-tech startups are increasingly raising money from private sources, but while those funds for climate solutions are growing, a huge gap remains in meeting the actual financial needs …
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By CARLOS MUREITHI
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5/1/24
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Consumer groups push Congress to uphold automatic refunds for airline passengers
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Consumer groups are pushing Congress to uphold automatic refunds for airline passengers whose flights are canceled or delayed for several hours. That would put lawmakers in line with the Biden …
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By DAVID KOENIG
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5/1/24
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DoorDash posts better-than-expected Q1 sales but shares fall on cost concerns
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DoorDash has reported higher-than-expected revenue in the first quarter, as strong growth in U.S. grocery orders helped make up for slowing restaurant demand. The San Francisco-based delivery company …
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By DEE-ANN DURBIN
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5/1/24
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AP PHOTOS: Workers rule the streets on May Day
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For one day, workers ruled the world’s biggest streets.
Thousands strong marched Wednesday to mark May Day, the first day of the month when workers’ rights are celebrated in demonstrations …
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By The Associated Press
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5/1/24
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Union Pacific undermined regulators' efforts to assess safety, US agency says
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Federal regulators say Union Pacific managers undermined their efforts to assess safety at the railroad by coaching employees on how to respond and suggesting they might be disciplined. The Federal …
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By JOSH FUNK
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5/1/24
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Want to spend the night in a Paris museum or a house owned by Prince? Airbnb plans to list them
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Airbnb says it's going to give customers a chance at overnight stays in a Paris museum, a bedroom filled with Ferrari racing cars, and other exotic settings. It's a mix of game-show glitter and …
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By DAVID KOENIG
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5/1/24
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Lawsuit against Meta asks if Facebook users have right to control their feeds using external tools
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Do social media users have the right to control what they see — or don’t see — on their feeds? A lawsuit filed against Facebook parent Meta Platforms Inc. is arguing that a federal law often …
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BARBARA ORTUTAY
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5/1/24
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This Texas veterinarian helped crack the mystery of bird flu in cows
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It was a Texas veterinarian who collected samples from dairy farms that confirmed the outbreak of H5N1 bird flu in cattle for the first time. Dr. Barb Petersen monitors more than 40,000 cattle on a …
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By JONEL ALECCIA
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5/1/24
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New Russia sanctions target weapons development and countries assisting in sanctions evasion
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The United States has imposed new sanctions on hundreds of firms and people tied to Russia’s weapons development program, more than a dozen Chinese firms accused of helping Russia find workarounds …
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By FATIMA HUSSEIN and MATTHEW DALY
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5/1/24
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Change Healthcare cyberattack was due to a lack of multifactor authentication, UnitedHealth CEO says
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The beginning of the Change Healthcare cyberattack happened when hackers entered a server that lacked multifactor authentication. That's according to UnitedHealth CEO Andrew Witty. He told U.S. …
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By TOM MURPHY
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5/1/24
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Elimination of Tesla's charging department raises worries as EVs from other automakers join network
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Elon Musk’s move to lay off the department responsible for Tesla’s electric vehicle chargers has touched off worries in the auto industry that EVs from other automakers will have trouble joining …
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5/1/24
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Trump awarded 36 million more Trump Media shares worth $1.8 billion after hitting price benchmarks
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Former President Donald Trump has secured another $1.8 billion worth of shares in Trump Media, according to a regulatory filing this week. Based on the company’s stock hitting certain price …
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By MATT OTT
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5/1/24
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US job openings fall to 8.5 million in March, the lowest level in more than 3 years
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U.S. jobs openings slid in March to the lowest level in more than three years, but stayed at historically high levels in a sign that the job market remains resilient in the face of higher interest …
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By PAUL WISEMAN
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5/1/24
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CVS Health chops 2024 forecast as cost struggles with Medicare Advantage persist
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CVS Health missed first-quarter expectations and chopped its 2024 outlook more than a dollar below Wall Street’s forecast. Shares of the health care giant plunged Wednesday morning after the …
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By TOM MURPHY
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5/1/24
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J&J subsidiary proposes paying about $6.48B over 25 years to settle talc ovarian cancer lawsuits
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A subsidiary of Johnson & Johnson is now proposing paying approximately $6.48 billion over 25 years as part of a settlement in the U.S. to cover allegations that its baby powder containing talc …
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By MICHELLE CHAPMAN
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5/1/24
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News organizations have trust issues as they gear up to cover another election, a poll finds
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Americans have a message for news organizations as they prepare to cover the 2024 election: About half of Americans say they're concerned that outlets will report inaccuracies or misinformation. …
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By DAVID BAUDER
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5/1/24
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Edmunds: 2024 Kia Niro versus 2024 Toyota Corolla Cross
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Many car shoppers simply want a vehicle that’s practical, easy to drive and relatively inexpensive. High fuel economy is increasingly a popular desire as well. If you’re looking for these …
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By NICK KURCZEWSKI
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5/1/24
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Powell likely to signal that lower inflation is needed before Fed would cut rates
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After three straight hotter-than-expected inflation reports, Federal Reserve officials have turned more cautious about the prospect of interest rate cuts this year. The big question, after they end …
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By CHRISTOPHER RUGABER
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5/1/24
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