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Business News

Most of Wall Street rises, but sinking AI stocks send it lower for the week

NEW YORK (AP) — Most of the U.S. stock market rose Friday after oil prices eased back to where they were before the war with Iran, but drops for stocks swept up in the mania around artificial-intelligence technology kept the market in check. The S&P 500 finished nearly flat and slipped ...

Apple increases prices for Macs and iPads

Apple on Thursday announced an increase in prices for Macs and iPads, citing a memory chip shortage brought on by the artificial intelligence boom. The Cupertino, California-based company called the demand spike an “unprecedented challenge” for the consumer electronics industry. “The ...

US stocks end mixed, weighed down by losses for tech giants

NEW YORK (AP) — Stocks wavered to a mixed close on Wall Street Wednesday as technology stocks once again weighed down the market. Declines for several influential tech heavyweights, including Microsoft, pulled the broader market lower even though most stocks in the S&P 500 gained ...

Chinese supercomputer displaces US machines as world’s fastest

A supercomputer in China now outranks its U.S. counterparts as the world’s most powerful, marking the first time since 2017 that a Chinese computer has topped a list sometimes viewed as a measure of a nation’s technological prowess. The LineShine computer in Shenzhen, China, displaced ...

Dick’s Sporting Goods to unveil new location

NILES — Dick’s Sporting Goods will unveil its next-generation, new store format with a three-day grand opening celebration starting Friday at the Eastwood Mall. Relocating from its former 52,000-square-foot building in the adjacent Great East Plaza — a fixture of the Eastwood Mall ...