Category: AP

Nov 21

SEC Chair Gary Gensler, who led US crackdown on cryptocurrencies, to step down

Article content Securities and Exchange Commission Chair Gary Gensler, who was aggressive in his oversight of cryptocurrencies, will step down from his post on January 20. Gensler pushed for changes that he said protected for investors, but the industry and many Republicans bristled at what they saw as overreach. President-elect Donald Trump had promised during […]
Nov 20

US gathers allies to talk AI safety, Trump’s vow to undo Biden’s AI policy overshadows their work

Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Matt O’brien Published Nov 20, 2024  •  2 minute read Article content President-elect Donald Trump has vowed to repeal President Joe Biden’s signature artificial intelligence policy when he returns to the White House for a second term. What that actually means for […]
Nov 19

Founder of artificial intelligence company used by schools in Los Angeles, NYC, Atlanta is arrested

Article content NEW YORK (AP) — The founder of an artificial intelligence company that supplied school districts in Los Angeles, New York and Atlanta with a chatbot to create learning plans for students was arrested on fraud charges Tuesday, accused of spending investor money on herself as her company spiraled into bankruptcy. Joanna Smith-Griffin, 33, […]
Nov 16

McDonald’s is investing $100 million to bring customers back after E. coli outbreak

Article content McDonald’s is investing $100 million to bring customers back to stores after an outbreak of E. coli food poisoning tied to onions on the fast-food giant’s Quarter Pounder hamburgers. The investments include $65 million that will go directly to the hardest-hit franchises, the company said. The U.S. Centers for Disease Control and Prevention […]
Nov 16

An environmental group files intent to sue a salmon farmer for pollution off Maine’s coast

Article content PORTLAND, Maine (AP) — An environmental organization has served a notice of intent to sue one of the world’s largest aquaculture companies for violations of the Clean Water Act in Maine _ allegations the fish farmer ardently denies. Conservation Law Foundation contends Cooke Aquaculture’s salmon farming sites off the Maine coast pollute the […]
Nov 15

Company announces nearly $712 million project in Kentucky to make batteries used to store energy

Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Bruce Schreiner Published Nov 15, 2024  •  2 minute read Article content FRANKFORT, Ky. (AP) — A battery manufacturer has selected Kentucky for a nearly $712 million project to produce industrial-sized batteries used to store and distribute energy, a process seen as […]