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Another rally for Alphabet leads the US stock market higher

NEW YORK (AP) — The U.S. stock market rallied on Monday, at the start of a week with shortened trading because of the Thanksgiving holiday. The S&P 500 climbed 1.5% for one of its best days since the summer and added to its jump from Friday, finding some strength following a shaky few weeks. The Dow Jones Industrial Average rose 202 points, or 0.4%, and the Nasdaq composite jumped 2.7%. Stocks got a lift from rising hopes that the Federal Reserve will cut its main interest rate again at its next meeting in December, a move that could boost the economy and investment prices. The ...

Lake to River introduces new CEO

YOUNGSTOWN — Lake to River Economic Development officials said economic development isn’t limited to buildings and incentives while introducing its first permanent CEO on Friday. Dani Robbins spoke to the news media during an agency briefing at its downtown Youngstown office. She will replace Alexa Sweeney Blackann on Dec. 1. Blackann has held the unpaid, interim leadership post since April 2024. “This was not a process of compromise. It was a process of conviction,” said Greg Myers, Lake to River board member and executive director / chief administrative officer of Growth ...

Kimberly-Clark makes dividend announcement

The board of directors of Kimberly-Clark Corp. declared on Thursday a regular quarterly dividend of $1.26 per share. The dividend is payable in cash on Jan. 5 to stockholders of record at the close of business on Dec. 5. In a news release, Kimberly-Clark said it has paid a dividend for 91 consecutive years and has increased its dividend for 53 consecutive years. The company also announced that it will have its next annual shareholder meeting May 14.

An affordable proposition

The Youngstown Neighborhood Development Corp. has made Mineral Springs Avenue one of its home projects since 2013. The group also takes up residence throughout the city, places such as Cliff View Street, Granada Avenue, Upland Avenue and East Wilson Street. Ultimately, its goal is to pack up and leave, but first there is rehabilitation and transformative progress to be accomplished. Partnering with the Mahoning County Land Bank, YNDC met its latest challenge recently by placing five new construction homes on the market. They are located at 753 Mineral Springs Ave., 257 Outlook Ave., ...

iPhone users can now add passport information to their digital wallets

Just in time for the busy holiday travel season, iPhone users can now add their passport details to their Apple digital wallets. The company on Wednesday unveiled its new “Digital ID” system for users to add their U.S. passport information to Apple Wallet, which can be scanned at airport readers if travelers don’t have a Real ID. Digital ID acceptance “will roll out first in beta” at Transportation Security Administration checkpoints at more than 250 U.S. airports for “in-person identity verification during domestic travel.” The company warned that Digital ID ...

Future data centers are driving up forecasts for energy demand; states want proof they’ll get built

HARRISBURG, Pa. (AP) — The forecasts are eye-popping: utilities saying they’ll need two or three times more electricity within a few years to power massive new data centers that are feeding a fast-growing AI economy. But the challenges — some say the impossibility — of building new power plants to meet that demand so quickly has set off alarm bells for lawmakers, policymakers and regulators who wonder if those utility forecasts can be trusted. One burning question is whether the forecasts are based on data center projects that may never get built — eliciting concern that ...