Day: March 28, 2024

Georgia Lawmakers Approve Tougher Rules on Immigration After Student’s Killing

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[ad_1] Georgia lawmakers voted on Thursday to tighten the state’s already strict immigration laws in response to the killing of Laken Riley, a 22-year-old nursing student, whose death became ensnared in the broader fight over immigration policy after a man from Venezuela who entered the country illegally was charged with her murder. In the frenzied final hours of the legislative session, the state’s House of Representatives gave final approval to a measure that would require local law enforcement agencies to scrutinize the immigration status of people in their custody and…

Sam Bankman-Fried sentenced to 25 years over role in FTX collapse

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[ad_1] Sam Bankman-Fried sentenced to 25 years over role in FTX collapse – CBS News Watch CBS News Sam Bankman-Fried was sentenced to 25 years in prison for his role in the sudden collapse of the FTX crypto exchange. Prosecutors say he defrauded customers out of more than $8 billion, one of the largest financial crimes in U.S. history. Errol Barnett reports. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On [ad_2] Source link

Yellen warns China's surplus of solar panels, EVs could be dumped on global markets

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[ad_1] U.S. Treasury Secretary Janet Yellen testifies during a hearing before the Financial Services and General Government Subcommittee of the House Appropriations Committee at Rayburn House Office Building on Capitol Hill on March 21, 2024 in Washington, DC.  Alex Wong | Getty Images Treasury Secretary Janet Yellen on Wednesday warned that China is treating the global economy as a dumping ground for its cheaper clean energy products, depressing market prices and squeezing green manufacturing in the U.S. “I am concerned about global spillovers from the excess capacity that we are…

Reddit shares plunge almost 25% in two days, finish the week below first day close

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[ad_1] The trading floor of the New York Stock Exchange prepares for the social media platform Reddit’s initial public offering in New York City on March 21, 2024. Spencer Platt | Getty Images Reddit shares are plummeting after experiencing a rally stemming from the social media company’s IPO last week. Shares closed at $49.32, ending the week below their closing price on Reddit’s first day of trading on the New York Stock Exchange. They closed at $50.44 last Thursday. Stock markets are closed on Good Friday. Reddit shares began their…

U.S. Officials Order Better Tracking of a Political Flashpoint: America’s Diversity

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[ad_1] The Biden administration ordered changes to a range of federal surveys on Thursday to gather more detailed information about the nation’s ethnic and racial makeup. The changes — the first in decades to standard questions that the government asks about race and ethnicity — would produce by far the most detailed portrait of the nation’s ancestral palette ever compiled. And a new option will be available for the first time allowing respondents to identify as part of a new category, Middle Eastern or North African ancestry. But the changes…

How AI powered robots are helping small farms fight labor shortages

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[ad_1] How AI powered robots are helping small farms fight labor shortages – CBS News Watch CBS News From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On [ad_2] Source link

Walgreens tops quarterly revenue estimates, but narrows profit outlook in 'challenging' economy

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[ad_1] A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, Inc., in Manhattan, New York City, U.S., November 26, 2021.  Andrew Kelly | Reuters Walgreens on Thursday reported fiscal second-quarter sales that beat Wall Street’s expectations, but lowered the high end of its full-year adjusted earnings outlook in part due to a “challenging” retail environment in the U.S. The company also posted a steep net loss for the quarter as it recorded a hefty nearly $6 billion charge related to the decline in value of its…

Key Bridge Was Also Hit by a Ship in 1980, With Limited Damage

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[ad_1] The massive cargo ship that lost control and slammed into a major Baltimore Key Bridge  on Tuesday was not the first to do so. The same bridge was also hit by a wayward cargo vessel in 1980. On Aug. 29 of that year, a container ship named the Blue Nagoya drifted into a pier that supported the structure, the Francis Scott Key Bridge, after losing control about 1,800 feet away, according to a 1983 report by the U.S. National Research Council. When the Blue Nagoya hit the Key Bridge,…