Business
August 22, 2025
78 views 5 mins 0

North Carolina Supreme Court says bar owners’ COVID-19 lawsuits can continue

RALEIGH, N.C. (AP) — The North Carolina Supreme Court issued favorable rulings Friday for bars and their operators in litigation seeking monetary compensation from the state for COVID-19 restrictions first issued by then-Gov. Roy Cooper that shuttered their doors and, in their view, treated them unfairly compared to the way restaurants were regulated. The majority […]

Business
August 22, 2025
84 views 7 mins 0

Trump says Intel agreed to give US a stake in its company

WASHINGTON (AP) — President Donald Trump said that Intel has agreed to give the U.S. government a 10% stake in its business. Speaking with reporters on Friday, Trump said the deal came out of a meeting last week with Intel CEO Lip Bu Tan — which came days after the president called for Tan to […]

Business
August 22, 2025
42 views 3 mins 0

Trump says he’ll keep extending TikTok shutdown deadline

WASHINGTON (AP) — President Donald Trump is calling national security and privacy concerns related to TikTok and its Chinese parent company “highly overrated” and said Friday he’ll keep extending the deadline for the popular video-sharing platform until there’s a buyer. Congress approved a U.S. ban on TikTok unless its parent company, ByteDance, sold its controlling […]

Business
August 22, 2025
54 views 5 mins 0

How Nvidia’s chips became central to the U.S.-China trade war

When Nvidia CEO Jensen Huang revealed Friday that the company is working with the Trump administration on a new computer chip designed for sale to China, it marked the latest chapter in a long-running debate over how the U.S. should compete with China’s technological ambitions. The reasoning has sometimes changed — with U.S. officials citing […]

Business
August 22, 2025
44 views 8 mins 0

Powell signals Fed may cut rates soon even as inflation risks remain

JACKSON HOLE, Wyo. (AP) — Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on the timing of a move and suggested the central bank will proceed cautiously as it continues to evaluate the impact of tariffs […]