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By STAN CHOE AP Business Writer NEW YORK (AP) — Wall Street hit the brakes on its big rally Wednesday following disappointing profit reports from companies and warnings that the market had simply gone too far, too fast. The S&P 500 slumped 1.5% for its worst loss since beginning a monster-sized rally shortly before Halloween.
Continue ReadingBy BARBARA ORTUTAY AP Technology Writer The Federal Trade Commission is proposing sweeping changes to a decades-old law that regulates how companies can track and advertise to children, including turning off targeted ads to kids under 13 by default. The federal Children’s Online Privacy Protection Act, or COPPA, requires kid-oriented websites to get parents’ consent
Continue ReadingBy PATRICK WHITTLE, LISA RATHKE and MICHAEL CASEY Associated Press PORTLAND, Maine (AP) — The arrival of a heavy storm, flooding and power outages just before Christmas is complicating, and in some cases threatening to cancel, holiday plans for many New Englanders. The aftermath of the pre-Christmas storm has left hundreds of thousands in the
Continue ReadingBy RALPH D. RUSSO AP College Sports Writer Oregon State and Washington State are working on a deal to become affiliate members of the West Coast Conference for basketball and other Olympic sports for two years, two people with knowledge of the situation told The Associated Press on Wednesday. A deal could be done as
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By TOM MURPHY AP Health Writer Rite Aid has been banned from using facial recognition technology for five years over allegations that its surveillance system was used incorrectly to identify potential shoplifters, especially Black, Latino, Asian or female shoppers. The settlement with the Federal Trade Commission addresses charges that the struggling drugstore chain didn’t do
Continue ReadingBy Marshall Cohen, CNN (CNN) — After the Colorado Supreme Court ruled that former President Donald Trump is ineligible for office because of the Constitution’s “insurrectionist ban,” some prominent Republicans bashed the “unelected judges” for their decision. “We need elections that we can trust, that we can believe in,” GOP presidential candidate Vivek Ramaswamy said Tuesday at a campaign
Continue ReadingBy David Goldman, CNN Washington (CNN) — What. Just. Happened? The S&P 500, the broadest measure of the stock market, tumbled Wednesday afternoon, starting just after 2 pm ET. It was on pace to hit a record — its first in nearly two years. Then, the bottom fell out. Within minutes, the index was down
Continue ReadingGREENEVILLE, Tenn. (AP) — Officials in the Tennessee city of Greeneville are working to determine the cause of a leak of anhydrous ammonia that sent 29 workers to the hospital Wednesday morning. Greeneville City Manager Todd Smith says the fire department was first called to La Quesera Mexicana, a local cheese factory, at 7:15 a.m.
Continue ReadingBy Peter Valdes-Dapena, CNN New York (CNN) — Bird, a company that operates scooter- and bicycle-sharing operations globally, filed for bankruptcy Wednesday, with the aim to sell its United States operations. The Chapter 11 filing will allow Bird, which describes itself as “the largest micromobility operator in North America,” to restructure while the company works
Continue ReadingBy LINDSAY WHITEHURST Associated Press WASHINGTON (AP) — The Justice Department has filed its first predatory mortgage lending case against a Texas developer accused of luring tens of thousands of Hispanic homebuyers into “bait and switch” sales through platforms like TikTok. The lawsuit filed Wednesday focuses on a large development northeast of Houston. Authorities say
Continue ReadingBy EDITH M. LEDERER Associated Press UNITED NATIONS (AP) — The U.N. Security Council has again delayed a vote on a new U.N. resolution on desperately needed aid to Gaza as the Biden administration struggles to change key wording in high-level negotiations seeking to avoid a U.S. veto. The vote is now expected on Thursday
Continue ReadingBy LARRY LAGE AP Sports Writer ANN ARBOR, Mich. (AP) — The NCAA sent Michigan a notice of allegations related to impermissible on- and off-campus recruiting during the COVID-19 dead period and coaching activities, potential violations that led to the school’s self-imposed three-game suspension of Jim Harbaugh to start the season. School spokesman Kurt Svoboda
Continue ReadingBy Becky Anderson, Michael Williams, Kevin Liptak and Jennifer Deaton, CNN WASHINGTON (CNN) — The United Nations Security Council on Wednesday delayed for the third time this week the vote on a resolution calling for a suspension in fighting and encouraging more humanitarian aid into the beleaguered Gaza Strip, as President Joe Biden said the
Continue ReadingBy MATTHEW BROWN and MATTHEW DALY Associated Press WASHINGTON (AP) — Oil companies have offered $382 million for drilling rights in the Gulf of Mexico after courts rejected the Biden administration’s plans to scale back the sale to protect an endangered whale species. Wednesday’s auction was the last of several offshore oil and gas lease
Continue ReadingBy CLAIRE RUSH Associated Press PORTLAND, Ore. (AP) — Fentanyl and methamphetamine drove a record number of homeless deaths last year in Oregon’s Multnomah County, home to Portland, according to an annual report released by regional officials Wednesday. At least 315 homeless people died in 2022 in the Portland area, the report found. Nearly 40%
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By Bianna Golodryga and Sarah Boxer, CNN (CNN) — It was one of the first, and most searing, viral videos to emerge as the October 7 attack unfolded. A cell phone video released by Hamas shows 19-year-old Naama Levy being dragged by her hair at gunpoint by a terrorist in Gaza. Her hands are bound, her
Continue ReadingBy Michele Gile Click here for updates on this story HUNTINGTON BEACH, California (KCAL, KCBS) — A real-life Grinch was caught on security camera stealing Christmas presents from a Huntington Beach family’s home Monday. “He broke through the rear window glass door and was able to gain entry to the backroom,” the homeowner said. Dressed
Continue ReadingKCAL, KCBS, RING.COM, CNN By Michele Gile Click here for updates on this story HUNTINGTON BEACH, California (KCAL, KCBS) — A real-life Grinch was caught on security camera stealing Christmas presents from a Huntington Beach family’s home Monday. “He broke through the rear window glass door and was able to gain entry to the backroom,”
Continue ReadingBy Devan Cole, CNN (CNN) — Donald Trump opposes the special counsel’s request for the Supreme Court to decide right now whether he has any immunity from federal prosecution for alleged crimes he committed while in office – a question that must be settled before the trial, which is currently scheduled for March 4. Special
Continue ReadingBy LOLITA C. BALDOR AND JULIE WATSON Associated Press WASHINGTON (AP) — Returning convicted defense contractor Leonard “Fat Leonard” Francis to U.S. custody as part of the Venezuelan prisoner swap on Wednesday is the latest twist in a decade-long salacious saga and bribery scheme that swept up dozens of American Navy officers. One of the
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