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Zuckerberg, Chan shift bulk of philanthropy to science, focusing on AI and biology to curb disease

By BARBARA ORTUTAY REDWOOD CITY, Calif. (AP) — For the past decade, Dr. Priscilla Chan and her husband Mark Zuckerberg have focused part of their philanthropy on a lofty goal — “to cure, prevent or manage all disease” — if not in their lifetime, then in their children’s. But during that time, they also funded underprivileged schools, immigration reform and efforts around diversity, equity and inclusion. Now, the billionaire couple is shifting the bulk of their philanthropic resources to Biohub, the pair’s science organization, and focusing on using artificial intelligence to accelerate...

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Denny’s to be acquired and taken private in a deal valued at $620 million

By DEE-ANN DURBIN Denny’s said Monday that it’s being acquired by a group on investors in a deal that will take the breakfast chain private. Related Articles Starbucks sells 60% stake in China business in $4 billion deal Microsoft $9.7 billion deal with IREN will give it access to Nvidia chips OpenAI and Amazon sign $38 billion deal for AI computing power Florida Blue may go out of network for Cleveland Clinic in Broward Should couples have a separate or joint bank...

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Halloween is a challenge for chocolatiers as high prices bite

By Ilena Peng, Bloomberg News Halloween is shaping up to be a test for the chocolate industry, as high cocoa costs threaten to accelerate a consumer shift toward cheaper and trendier sweets such as sour gummies. Related Articles A look at consumer prices 9 months into the second Trump administration Starbucks halts 2-year sales slide, but costly improvements hurt its profits Meta shares slide after company projects higher expenses for 2026 Google’s corporate parent posts first-ever quarter with...

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Survey finds inflation, slower hiring undermining worker confidence

By Sarah Foster, Bankrate.com If it feels harder to get ahead right now, that’s because it is. Many Americans are navigating a “worst-of-both-worlds” economy: a cooling job market on one side and stubborn inflation on the other. Related Articles Economists are realizing the job market is cooling. Workers have known it for months Wall Street rallies toward more records as gold’s price slumps again Government shutdown likely means no inflation data next month for 1st time in decades Wall Street...

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Meta removes ICE-tracking Facebook page in Chicago at the request of the Justice Department

Meta has removed a Facebook page used to track the presence of immigration agents at the request of the Department of Justice, the company confirmed on Tuesday. Related Articles US revokes visas for 6 foreigners over Charlie Kirk-related speech Trump threatens to yank World Cup games from Boston though it’s up to FIFA to choose sites House Republicans seek testimony from ex-Trump prosecutor Jack Smith Trump honoring Charlie Kirk with Presidential Medal of Freedom on what would be his 32nd...

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Google’s Play Store shake-up looms after Supreme Court refuses to delay overhaul of the monopoly

By MICHAEL LIEDTKE The U.S. Supreme Court on Monday refused to protect Google from a year-old order requiring a major makeover of its Android app store that’s designed to unleash more competition against a system that a jury declared an illegal monopoly. Related Articles Solar and wind power has grown faster than electricity demand this year, report says Why fears of a trillion-dollar AI bubble are growing Transportation Secretary says government shutdown adds stress on air traffic...

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Spirit on track to receive $475 million from creditors to help airline fly through bankruptcy

Spirit Airlines’ parent company Tuesday announced a series of deals with top creditors that would funnel up to $475 million in critical cash to the troubled discount carrier as it reorganizes for a second time under Chapter 11 of the U.S. Bankruptcy Code. The company said the “debtor-in-possession” financing is coming from existing bondholders. As part of a motion filed with the U.S. Bankruptcy Court in New York, “the Company obtained immediate interim access to $120 million,” the airline said in a statement made public Tuesday afternoon. Up to $200 million “is expected to be available upon...

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Cracker Barrel relents, says its old logo will return

By DEE-ANN DURBIN Cracker Barrel said late Tuesday it’s returning to its old logo after critics — including President Donald Trump — protested the company’s plan to modernize. Related Articles Book authors settle copyright lawsuit with AI company Anthropic AT&T snatches up wireless spectrum licenses from EchoStar for $23 billion Florida consumer advocates propose new FPL deal to halve rate hikes Trump family crypto empire expands with Crypto.com partnership CSX...

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Trump says he’s firing Fed Governor Lisa Cook, opening new front in fight for central bank control

By CHRISTOPHER RUGABER and WILL WEISSERT WASHINGTON (AP) — President Donald Trump said Monday night that he’s firing Federal Reserve Governor Lisa Cook, an unprecedented move that would constitute a sharp escalation in his battle to exert greater control over what has long been considered an institution independent from day-to-day politics. Trump said in a letter posted on his Truth Social platform that he is removing Cook effective immediately because of allegations that she committed mortgage fraud. Bill Pulte, a Trump appointee to the agency that regulates mortgage giants Fannie Mae and...

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FPL proposes deal to increase rates — but not by as much as originally sought

TALLAHASSEE — Florida Power & Light and numerous groups and businesses have hammered out a proposed settlement that would increase base electric rates over the next four years — but not by as much as the utility originally sought. The proposed settlement, filed Wednesday at the Florida Public Service Commission, would lead to increases of $945 million in 2026 and $766 million in 2027, according to the utility. FPL also would collect additional amounts in 2028 and 2029 for solar-energy and battery-storage projects. FPL filed a proposal in February that sought increases of $1.545 billion...

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