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Business News

Wall Street has its worst day in nearly a month

NEW YORK (AP) — More drops for AI stocks dragged the U.S. market lower Wednesday, and Wall Street sank to its fourth straight loss. The S&P 500 fell 1.2% for its worst day in nearly a month, though it's still not far from its all-time high set last week. The Dow Jones Industrial Average ...

Warner Bros recommends investors reject Paramount’s offer

NEW YORK (AP) — Warner Bros. Discovery is recommending its shareholders reject an unsolicited buyout offer from Paramount Skydance in favor of a rival bid from Netflix it said will better serve their interests and the entertainment company's audiences. The Warner board said in a letter to ...

Ford scraps fully electric F-150 Lightning amid losses

DETROIT (AP) — Ford Motor Co. is pivoting away from its once-ambitious electric vehicle plans amid financial losses and waning consumer demand for the vehicles in lieu of investment in more efficient gasoline-engines and hybrid EVs, the company said Monday. The Detroit automaker, which has ...

NMU to again provide Mini Pitch competition

MARQUETTE — Innovate Marquette, SISU: The Innovation Institute at Northern Michigan University and the NMU College of Business have announced the second Mini Pitch Competition for high school and college students in the Upper Peninsula. The Mini Pitch was created for students to get the ...

Chamber welcomes three new members

The Delta County Area Chamber of Commerce provides an avenue for our business people to play a leadership role in building a healthy, vibrant community. We are partners to every community, every business and every citizen. When a business joins the Delta County Area Chamber of Commerce, they ...

Tumbling tech stocks pull Wall Street from record heights

NEW YORK (AP) — More drops for superstar artificial-intelligence stocks knocked Wall Street off its record heights on Friday. The S&P 500 fell 1.1% from its all-time high for its worst day in three weeks. The weakness for tech stocks yanked the Nasdaq composite down by a market-leading ...