A company with its main operations in China announced Monday it had entered into a $3.6 million agreement to establish an artificial intelligence data center in Youngstown. In a news release, Valor Energy Inc. said that after 30 business days it plans “to acquire all of the outstanding ...
The U.S. government has approved Boeing’s 737 Max 10 airliner for passenger service after years of delays, a Transportation Department official told The Associated Press. Transportation Secretary Sean Duffy announced the decision Tuesday afternoon during a visit to Boeing's manufacturing plant in Everett, Washington, the official said. The single-aisle 737 Max 10, which can have up to 230 seats, was introduced at the Paris air show in 2017 to help Boeing compete with rival Airbus. But technical and regulatory hurdles have repeatedly delayed certification of the largest version of ...
NEW YORK (AP) — Most of the U.S. stock market rose Tuesday following strong profit reports from Equifax, Hasbro and other companies, while oil prices eased back after nearing their highest levels since the war with Iran began. The S&P 500 added 0.3%. The Dow Jones Industrial Average rallied 529 points, or 1%, while more swings for stocks in the artificial-intelligence industry sent the Nasdaq composite to a modest loss of less than 0.1%. Stock prices tend to follow the path of corporate profits over the long term, and several companies delivered results for the latest quarter that ...
Meet the people and technologies shaping the future of aerospace and defense manufacturing in Northeast Ohio. The inaugural Hub Exchange will take place 11 a.m. to 5 p.m Tuesday, Nov. 10, at Waypoint 4180 in Canfield for a day of innovation, insight and collaboration. HUBX will bring together ...
Elon Musk on Monday pledged to give one share of his company SpaceX to “every kid in America” next year. The offer arrived a day after artificial intelligence company Anthropic announced in a social media post that it will commit 5% of its shares to a new “public benefit” fund. In a response to that Sunday post, Musk wrote, “I recommend giving the shares directly to the public.” Shares of SpaceX, which will report its quarterly earnings on Tuesday, closed at $146.03 on Friday. With approximately 73 million children under the age of 18 in the United States, that would put ...
Gas prices are 23 cents higher in Northeast Ohio this week at $4.108 per gallon, according to Monday’s AAA East Central’s Gas Price Report. The national average for a gallon of regular gasoline is down six cents from last week at $4.29 even though crude oil prices are up to around $100 per barrel. The national average has stayed above $4 per gallon since late July and is currently more than a dollar higher than it was this time last year. The fall months typically bring lower gas prices, but volatility in the oil market has led to seasonal record highs this year. A week ago, ...
