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Business News

Massive AI buildout poses latest inflation threat

WASHINGTON (AP) — American consumers — and the Federal Reserve — are being hit with another high-cost headache. The gusher of investment in data centers — likely topping $700 billion this year — to power artificial intelligence has made memory chips, computer processors and other ...

Quaker Steak & Lube cuts Boardman location

Quaker Steak & Lube’s Boardman location has closed to become the second franchised restaurant under the JDK Management Co. umbrella to end operations this month. The business announced the move Monday morning on social media. “After three decades of service in Boardman, including ...

As summer temperatures rise, data center debate heats up

LOWELL, Mass. (AP) — Eileen Castle’s swimming pool, one of the only ones for blocks around, was once a refuge for neighborhood children on hot summer days. But even as temperatures soared this week, Castle, 82, said she won’t be filling the pool — not with the data center behind her ...

Airlines are redesigning travel around highest-paying passengers

They may arrive at the same destination, but two passengers on the same flight can have strikingly different travel experiences. One traveler breezes through a priority security lane and heads straight to an invite-only lounge for craft cocktails and a chef-prepared meal before boarding ...

Small businesses having a good summer as Americans travel closer to home

NEW YORK (AP) — Small business owners in U.S. tourist destinations say they’re seeing more Americans sticking closer to home this summer, trading overseas travel for road trips, choosing daylong sojourns over extended beach stays, and cooking instead of eating out while on vacation to save ...