Tag: AP

Apr 29

Deforestation in Indonesia spiked last year, but resources analyst sees better overall trend

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Victoria Milko Published Apr 28, 2024  •  4 minute read Article content JAKARTA, Indonesia (AP) — From trees felled in protected national parks to massive swaths of jungle razed for palm oil and paper plantations, Indonesia had a 27% uptick in primary forest […]
Apr 26

Regulators close Philadelphia-based Republic First Bank, first US bank failure this year

Article content WASHINGTON (AP) — Regulators have closed Republic First Bank, a regional lender operating in Pennsylvania, New Jersey and New York. The Federal Deposit Insurance Corp. said Friday it had seized the Philadelphia-based bank, which did business as Republic Bank and had roughly $6 billion in assets and $4 billion in deposits as of […]
Apr 25

Instagram fraudster ‘Jay Mazini’ has been sentenced for his crypto scheme that preyed on Muslims

Article content NEW YORK (AP) — The former Instagram influencer known as ” Jay Mazini ” who swindled millions of dollars from online followers and a network of Muslims during the pandemic was sentenced to seven years in prison on Wednesday, prosecutors said. Jebara Igbara, 28, of New Jersey, had pleaded guilty to fraud charges, […]
Apr 25

Connecticut Senate passes wide-ranging bill to regulate AI. But its fate remains uncertain

Article content HARTFORD (AP) — The Connecticut Senate pressed ahead Wednesday with one of the first major legislative proposals in the U.S. to rein in bias in artificial intelligence decision-making and protect people from harm, including manufactured videos or deepfakes. The vote was held despite concerns the bill might stifle innovation, become a burden for […]
Apr 18

Biden administration set to provide $6.1 billion to Micron Technology for chip plants in NY, Idaho

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Josh Boak Published Apr 17, 2024  •  2 minute read Article content WASHINGTON (AP) — The Biden administration has reached an agreement to provide $6.1 billion in government support for Micron Technology to produce advanced memory computer chips in New York and Idaho. […]
Apr 17

Who owns businesses in California A lawmaker wants the public to know

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Tran Nguyễn () Published Apr 17, 2024  •  4 minute read Article content SACRAMENTO, Calif. (AP) — A California lawmaker wants to require business owners and landlords to disclose their identities under legislation aimed at cracking down on opaque ownership structures that have […]
Apr 17

US court rejects a request by tribes to block $10B energy transmission project in Arizona

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Susan Montoya Bryan Published Apr 16, 2024  •  3 minute read FILE – Dignitaries, including U.S. Secretary of the Interior Deb Haaland, center, break ground on the new SunZia transmission line project, Sept. 1, 2023, in Corona, N.M. A federal judge on Tuesday, […]