The Paramount-Skydance merger saga just got weirder. Apex Capital Trust, a mysterious buyer, submitted an offer to buy Paramount Global for up to $43 billion, the firm said Wednesday in a press release that has since been pulled by the wire service Business Wire. The offer, which now appears to be a hoax, had set off alarm bells from the start.

Apex Capital Trust's $43 million bid to buy Paramount might be a hoax

Meta may be cutting back on its metaverse dreams, but it’s striving for its AI goals at full speed. JPMorgan analyst Doug Anmuth said Meta’s company-wide costs could reach up to $50 billion in 2025, fueled by AI spending. Suggested Reading. The social media giant will reveal its...

Meta's AI costs are about to go through the roof

For months now, Tesla CEO Elon Musk has been telling the world that his automaker is really an artificial intelligence company. As far as some analysts are concerned, he may be right about that. Suggested Reading. In a new note to investors, Piper Sandler analysts say Tesla “may have solved...

Full Self Driving is the whole point of buying Tesla stock, analysts say

Big Tech’s AI spending is in the hot seat. As Microsoft prepares to report quarterly earnings Tuesday, it will have to prove to a skeptical Wall Street that its AI costs are worth it. Suggested Reading. Investors reacted poorly to Google and Tesla’s hefty AI expenditures last week. The...

Microsoft is about to stress test Wall Street's appetite for huge AI bills

Apple’s reveal of its AI strategy in June has sparked excitement and confidence in investors. Apple shares, which lagged at the start of the year, have jumped over 12% since before the announcement of its suite of AI tools, Apple Intelligence, during the Worldwide Developers Conference. Suggested Reading. Apple...

Apple's AI plan is turning investors into chillers

McDonald’s is hoping it can get diners back with a new big burger it has dubbed the “Big Arch.”. The “Big Arch” includes two beef patties, layered melted cheese, “crispy” toppings, and a slab of McDonald’s tangy sauce, the chain’s CEO Chris Kempczinski told investors during an earnings call on Monday.

McDonald's is going bigger than a Big Mac

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

North Carolina State

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Apex, NC

Town Talks

Apex, NC Ranks High on "Most Livable Small Cities" List. The Raleigh suburb of Apex has been recognized as one of the most livable small cities in the United States, ranking No. 7 on SmartAsset's nationwide list published on July 11.

North Carolina town ranks as one of nation’s best small cities to call home. Why it’s special

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Death Disclosure Laws and Property Disclosures in North Carolina. In North Carolina, there is no legal obligation for homeowners or real estate agents to disclose if a death has occurred in a home, whether by natural causes, murder, or suicide. However, if a potential buyer directly inquires about any deaths on the property, the seller is required to provide that information.

If someone dies at your house do you have to tell a potential buyer? What North Carolina law says

Getting Taco Bell’s new Baja Blast gelato could soon require less human interaction. The Tex-Mex chain plans to expand the use of AI voice technology across its U.S. drive-thru locations by the end of 2024, the chain’s parent company said in a statement on Wednesday. The AI voice assistant is already being used in more than 100 Taco Bell drive-thrus across 13 states.

Taco Bell's drive thru is about to look much different

Boeing has tapped Robert “Kelly” Ortberg as its new chief executive, the embattled aircraft manufacturer announced Wednesday. Ortberg will step into the role on Aug. 8, replacing David Calhoun, who announced his departure from the company earlier this year amid a flurry of controversy and regulatory scrutiny. “The...

Boeing finally picked its new CEO

Virginia State

Jessica Serfitay flips the script on her previous statement. Virginia soap fans, Soap Opera News reports that Jessica Serfitay (ex Sloan Petersen) on Days of Our Lives posted on social media that her billionaire fiancé had abused her. The actress now says they argued as families do, and she never should have posted anything.

Days of Our Lives alum Jessica Serfitay retracts her statement that her fiance abused her

A major Democratic donor last week called the Federal Trade Commission’s chair a “dope” and called for her firing. It turns out one of his companies is being investigated by the FTC. Suggested Reading. CNN on Tuesday reported that IAC Inc. — the New York-based holding company...

A billionaire called for Harris to fire the FTC's chair. His company is reportedly being investigated by the FTC

California State

Connecticut State

The U.S. Food and Drug Administration updated a public health alert on Tuesday warning against the consumption of several brands of ground cinnamon products due to the presence of high-levels of lead. Suggested Reading. Exposure to high-levels of lead can result in learning disabilities and lowered IQ in children, the...

A cinnamon recall over high levels of lead just got bigger

Colorado State

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Amazon, the go-to site to buy almost anything under the sun, is now legally responsible for letting customers know if the products they’re buying are under a safety recall. The U.S. Consumer Product Safety Commission (CPSC) said Tuesday that as the “distributor” of “defective” products that don’t meet federal consumer product safety standards, the e-commerce giant “therefore bears legal responsibility for their recall.”

Amazon is now legally responsible for recalling unsafe products

Boeing presented earnings Wednesday, and there weren’t any surprises. The company is still digging itself out of the hole left by its 737 Max 9 door plug blowout in January. For the quarter, it reported a $1.4 billion loss on $16.9 billion in revenue. Both parts of the company that make aircraft — the commercial plane division and the space-and-defense divisions — lost money, but the services divisions that does repairs and supplies spare parts was profitable.

Boeing's only profitable business right now is fixing Boeing planes

Paris 2024, officially known as the Games of the XXXIII Olympiad, kicked off to great fanfare over the weekend. One of the games this round isn’t based in Paris at all, however, mostly due to the area’s lack of gnarly swells. The surf competition, added to the Olympiad schedule in 2020, is taking place down in Teahupo’o, and all of the competitors were given luxury cruise ship accommodations for the proceedings. The Auanui 5, shown above, is anchored just offshore, and features 100 cabins and eight guest decks to fit up to 230 passengers. To keep the athletes in physical tip-top, it features a spa and a gym, the Associated Press reports:

Olympic surfers are staying on a cruise ship with a waterslide and real beds

The Current GA

Since 2020, the condition known as long COVID-19 has become a widespread disability affecting the health and quality of life of millions of people across the globe and costing economies billions of dollars in reduced productivity of employees and an overall drop in the work force .

Expert: Long COVID puzzle pieces are falling into place – picture is unsettling

NewsBreak

Samsung stock just hit a 3-year high because AI is boosting profits

Samsung estimated its second quarter operating profit will jump more than 1,450% year-over-year, sending its stock to a three-year high Friday morning. The South Korean electronics...

Samsung stock just hit a 3-year high because AI is boosting profits

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