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Phoenix on Tuesday snapped a streak of 21 straight days of record-breaking highs. Heat waves are expected to start earlier in the year and last later as a result of climate change, but Phoenix's streak still surprised scientists. The heat is finally expected to break heading into the weekend, as a cold front brings cooler conditions. The city on Tuesday finally snapped a streak of 21 straight days of record-breaking daily high temperatures. This summer was already the hottest on record in Phoenix, and 2024 is likely to end up as the warmest year in the city's recorded history.

Persons: ”, Jennifer Brady, Phoenix Organizations: Phoenix, Climate Central, National Weather Service Locations: Arizona , Nevada, New Mexico, Phoenix, New Jersey

Like many baseball stadiums around the country, Tropicana Field's geographic location makes it vulnerable to hurricane winds or tornado-force winds, hail, storm surge and flooding. NFL stadiums could experience $11 billion in climate-related losses by 2050, according to a new report released by the climate risk analysis company, Climate X. Climate X said it's a wake-up call for state and local governments. If you had a problem there yesterday, that doesn't mean that it's going to be there tomorrow," said Kamil Kluza, co-founder of Climate X. The risks from changing weather patterns go far beyond hurricane winds and flooding.

Persons: it's, X, Kamil Kluza Organizations: Field, Tampa Bay Rays, Tropicana, Baltimore Orioles, Los Angeles Dodgers, New York Mets, Miami Marlins, Pittsburgh Pirates, San Diego Padres, Climate, Arizona Diamondbacks, Chase, Minnesota Vikings, Metrodome Locations: St . Petersburg, Key, Florida, Hurricane, Tampa , Florida, Phoenix

☆ Every live-action Joker actor, from Cesar Romero to Joaquin Phoenix, ranked
▼ + stars: | 2024-10-04 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +2 min

Joaquin Phoenix is one of two actors to win an Oscar for playing the Joker. Phoenix starred as the DC villain in two solo films, 2019's "Joker" and the new sequel "Joker: Folie à Deux." Director Todd Phillips' approach of making the Joker a more realistic and human character appealed to critics, and the film won two Oscars. By contrast, the sequel film has bombed with critics and fans alike and currently has a Rotten Tomatoes score of 39%. AdvertisementIn August, Phillips seemed to suggest to Variety that there wouldn't be another "Joker" sequel when he said: "I think we've said what we wanted to say in this world."

Persons: Joaquin Phoenix, Oscar, Heath Ledger, Jack Nicholson, Cameron Monaghan, —, Phoenix, Todd Phillips, Phillips, we've, Barry Keoghan Organizations: Service, Variety

☆ If you liked the first Joker movie, critics say you'll hate the sequel
▼ + stars: | 2024-10-04 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +8 min

"Joker: Folie à Deux" opens in theaters Friday. Here's a sampling of what critics think of "Joker: Folie à Deux," which is in theaters now. "'Joker: Folie à Deux' often recalls the series finale of 'Seinfeld,' insofar as it puts its main character on trial for his former misdeeds," he wrote. Related stories'Folie à Deux' really is a musical — just not a good onePhoenix and Gaga in "Joker: Folie à Deux." It's definitely not a movie for the fansGaga and Phoenix in "Joker: Folie à Deux."

Persons: Joaquin Phoenix, Lady Gaga, Harley Quinn, —, Oscar, Todd Phillips, Arthur Fleck, Gaga's Lee Quinzel, Fleck, Warner, Phillips, Nick Schager, Arthur couldn't, IndieWire's David Ehrlich, Pete Hammond, TIME's Stephanie Zacharek, Johnny Oleksinski, Gaga, Lee, Niko Tavernise, Alison Willmore, Hollywood Reporter's David Rooney, Gaga tamps, Richard Lawson, Arthur's, Lawson, Arthur, It's, Critics, He's, he's, Variety's Owen Gleiberman, BBC's Nicholas Barber, it's, TIME's Zacharek Organizations: Rotten, Service, DC Comics, Phoenix, Arkham, Warner Bros, coy, New York, MGM, Miss, Hollywood Locations: CinemaCon, Miss Saigon

☆ How Wall Street Giants Made Billions Preying on College Students
▼ + stars: | 2024-09-10 | by ( Ryann Liebenthal | ) www.businessinsider.com time to read: +13 min

In 1970 there had been only 18,333 students enrolled at degree-granting for-profit schools, less than a quarter of a percent of the total number of college students. In 2010, Tom Harkin, chair of the Senate's education committee, began a two-year investigation into for-profit schools. But even more shocking, federal money flowing to for-profit schools accounted for 25% of all federal student aid and 47% of eventual loan defaults. Students' money enriched every corner of the for-profit industry except one: quality of instruction. In fact, these for-profit students were actually worse off than if they hadn't gone to school at all.

Persons: Kaplan, bankrolling, —, underperformers, Ashford, Warburg Pincus, Tom Harkin, Harkin, Goldman Sachs, Goldman, Pell Grant, Ryann Liebenthal Harper, Stephanie Riegg Cellini, Cellini, Ryann Liebenthal Organizations: University of, Apollo Group, ITT Tech, Fortune, Federal Family Education, Ashford, University, company's, Ashford University, Bridgepoint Education, New, Defense Department, Bloomberg, Camp Lejeune, Ryann Liebenthal Harper Collins Publishers, Books, HarperCollins Publishers Locations: California, New York City, Bridgepoint, Pell, Vietnam, Iraq, Camp, Oakland , California

☆ Meet the Gen Zer Behind Friend, the Creepy New AI Necklace
▼ + stars: | 2024-08-01 | by ( Zoë Bernard | ) www.businessinsider.com time to read: +8 min

Earlier this week, another product contending for the future of AI companionship made its debut: an eavesdropping necklace called Friend. AdvertisementSchiffmann's original vision for an AI hardware device was a pendant that would act as a more standard-fare AI assistant called Tab — he once described it as a "wearable mom." Of the many AI hardware devices that launched in recent months, such as Humane's AI pin, Meta's smart glasses, and Rabbit's AI-powered R1, Friend is the most personal contender. In fact, on the day Friend launched, a competing AI hardware founder named Nik Shevchenko released a diss track — as any self-respecting 23-year-old AI hardware founder would do — insinuating that Schiffmann stole his idea. (It would not be the first time that Shevchenko built an open source competitor that closely resembled another AI hardware device.

Persons: Siri, Friend, Avi Schiffmann, Schiffmann, Elon Musk, Caffeinated Capital's Raymond Tonsing, Aravind Srinivas, Austin Rief, hasn't, Scarlett Johansson, transfixing Joaquin Phoenix's, —, Anthony Fauci, Camus, it's, Nik Shevchenko, Shevchenko, Taylor Organizations: Harvard, Morning Locations: Tokyo, Ukraine

☆ Droughts are threatening California's water supply. The state is racing to save what's left.
▼ + stars: | 2024-07-19 | by ( Leila Jordan | ) www.businessinsider.com time to read: +10 min

In 2012, San Francisco's Public Utilities Commission began developing the Onsite Water Reuse Program to investigate whether water reuse, also known as water recycling, in buildings could be a solution to California's water problem. The adoption of on-site water reuse can also be a sensible decision for developers. Water reuse to overcome hurdlesWhile large plants and on-site water systems in major buildings have been California's more established methods of water reuse, the state's biggest hurdle is retrofitting systems for existing buildings. During times of drought, the state has encouraged water conservation and water recycling, such as the use of recycled water for plants. In 2023, California made progress toward establishing recycled water for direct potable reuse and allowing recycled water to be used in the state's drinking-water supply.

Persons: —, Paula Kehoe, Kehoe, Aaron Tartakovsky, Tartakovsky, Cleantec, They're, Phoenix's Aquacell, Cleantec Erik Porse, Porse, It's Organizations: Infrastructure, Service, Public Utilities Commission, San Francisco Public Utilities Commission, California Institute for Water Resources, Brewing, Texas Locations: California, Silicon, San Francisco, San Francisco's, Beverly Hills, San, Iowa, States, Virginia, Texas, Florida, Hawaii, East Coast, Southern California, In Texas

☆ Scottsdale and Paradise Valley are both in Arizona's millionaire hub, but it's clear why one suburb is more expensive than the other.
▼ + stars: | 2024-07-06 | by ( Joey Hadden | ) www.businessinsider.com time to read: +1 min

Millionaires and big-city dwellers are moving to Scottsdale and Paradise Valley in Arizona. I visited both and saw that one is more expensive than the other due to location and property size. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWhether you're a tech worker, an executive, or a recent retiree, Phoenix offers easy living. And with lower taxes, it's no wonder millionaires and big-city dwellers are packing up and moving to the area.

Persons: — Organizations: Service, Phoenix, Sky Harbor International Locations: Scottsdale, Paradise Valley, Arizona

☆ Medical startup Sword Health announces AI that patients can talk to
▼ + stars: | 2024-06-04 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +3 min

Pain management startup Sword Health on Tuesday announced a new artificial intelligence solution named Phoenix that patients can speak with for guidance through virtual physical therapy sessions. Sword patients join sessions using a tablet from the company that can track their movement. Phoenix will propose changes for the patient's next session, as well as a follow-up message about the session they completed. Patients can sign up for Sword if it is supported by their employer or their health plan. Sword has been testing Phoenix with some patients using its "Thrive" digital physical therapy product.

Persons: Virgílio Bento, Bento, Sword, Catalyst Organizations: Pain, CNBC, Phoenix, Venture, Khosla Ventures, Founders Fund Locations: Phoenix

☆ Phoenix is beating the rest of the country on inflation — on paper anyway
▼ + stars: | 2024-05-18 | by ( Brian Cheung | ) www.cnbc.com time to read: +1 min

PHOENIX, AZ- The Phoenix skyline is seen from the ferris wheel at the Arizona State Fair on Oct. 8, 2022, in Phoenix, Arizona. Joshua Lott/The Washington Post | Getty ImagesPhoenix is closer to winning the war on inflation than most other cities. "Housing inflation remains my most valuable indicator for the immediate future," Federal Reserve Bank of Chicago President Austan Goolsbee said last month. And in Phoenix so far, both rents and home sales have cooled down over the last year. 'Past the worst' of a housing crunchRent's impact on inflation

Persons: Joshua Lott, Joe Biden's, Austan Goolsbee Organizations: PHOENIX, Arizona State Fair, Washington Post, Getty, Federal Reserve, Bureau of Labor Statistics, Reserve Bank of Chicago Locations: AZ, Arizona, Phoenix , Arizona, Phoenix, —, Maricopa County

☆ OpenAI wants you to think GPT-4o is your new best friend
▼ + stars: | 2024-05-14 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Read previewWhether you like it or not, Sam Altman just let you know you're getting an AI best pal. Advertisement"I see you're rocking an OpenAI hoodie, nice choice," ChatGPT told a user in one demo. the AI bot said, before delivering a story about a robot named Bite in dramatic, singing, and robotic voices, depending on the request from the user. This is where AI labs are leading us: to a near future of AI as coworker, friend, and ubiquitous presence," Mollick wrote on Substack. AdvertisementIt's something its rivals will pay close attention to, with the possibility of a new battle emerging between companies trying to release the most human, friendly AI bot they can.

Persons: —, Sam Altman, Mira Murati, Altman, Scarlett Johansson, Spike Jonze's, ChatGPT, Barrett —, he'd, Joaquin Phoenix's, Samantha, Ethan Mollick, Mollick, OpenAI, Mustafa Suleyman, Siri Organizations: Service, Business, Wharton University, Microsoft, Apple

☆ 'Joker 2' is a musical starring Joaquin Phoenix and Lady Gaga — here's everything we know
▼ + stars: | 2024-04-10 | by ( Olivia Singh | ) www.businessinsider.com time to read: +5 min

A "Joker" sequel titled "Joker: Folie à Deux" is set for release on October 4. "Joker: Folie à Deux" stars Phoenix as the titular DC Comics villain and Lady Gaga as the iconic character Harley Quinn. AdvertisementThe sequel is a musical and will reportedly include at least 15 covers of popular songsJoaquin Phoenix and Lady Gaga in Joker: Folie à Deux." The 'Joker 2' plot will focus on the Joker's romance with Harley QuinnLady Gaga and Joaquin Phoenix in "Joker: Folie à Deux." AdvertisementThe 'Joker: Folie à Deux' release date is Friday, October 4Joaquin Phoenix as the Joker in "Joker: Folie à Deux."

Persons: Joaquin Phoenix, Arthur Fleck, Lady Gaga, Harley Quinn, —, Joaquin, Todd Phillips, Phoenix, Phillips, Gaga, Sophie Dumond, Arthur, Brendan Gleeson, Catherine Keener, John Malkovich, Harry Lawtey, Steve Coogan, Harley, Beetz, Harley Quinn Lady Gaga, Harley's, Richard Gelfond, Jason Guerrasio, Christopher Nolan, Denis Villeneuve Organizations: Service, DC Comics, Warner Bros, Phoenix, Gaga, Variety, Arkham Locations: Las Vegas, Gotham City, Bronx

☆ Arizona won't extradite the accused SoHo killer to New York, blaming the DA for being soft on crime. NYC's murder rate is half of Phoenix's, Bragg's office says.
▼ + stars: | 2024-02-22 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +4 min

Arizona is refusing to extradite a suspect wanted in a murder case in New York City. But the murder rate in Phoenix is actually higher than in New York, according to police data. "Having observed the treatment of violent criminals in the New York area by the Manhattan DA there, Alvin Bragg," Mitchell said. In his response to Mitchell, Bragg's office, however, noted that the murder rate is actually higher in Phoenix than in New York. AdvertisementStill, whether Mitchell's concerns about extraditing the suspect to New York are justified, they will likely strike a chord with Bragg's critics.

Persons: Manhattan DA Alvin Bragg, —, Rachel Mitchell, Raad Almansoori, Joe Kenny, He's, Denisse, Mitchell, Alvin Bragg, Bragg, Kathy Hochul Organizations: Manhattan DA, Service, Arizona police, NYPD, Democratic New York Gov, NBC Locations: Arizona, New York City, Maricopa County, Manhattan, Phoenix, New York, Scottsdale , Arizona, United States, York, Pheonix , Arizona

INDIANAPOLIS (AP) — Last season's All-Star Game played out in a way that the NBA hopes to never experience again. So, the league sent a message: Make the All-Star Game better. Boston's Jayson Tatum set an All-Star Game record by scoring 55 points and the game had a total — total — of four free throws, all of them shot by Antetokounmpo's team. “I’m proud of what the guys did at the in-season tournament and I’m looking forward to the All-Star Game. Durant is a 14-time selection and set to actually play in his 11th All-Star Game.

Persons: Nobody, Golden, Stephen Curry, Phoenix's Kevin Durant, LeBron James, Milwaukee's Giannis Antetokounmpo, —, We’ve, ”, Curry, “ It’s, James, Antetokounmpo, Giannis, Boston's Jayson Tatum, ” Tatum, Doc Rivers, Chris Finch, Rivers, ” It’s, Adam Silver, Joe Dumars, Dumars, ” Dumars, “ I’m, Kareem Abdul, Jabbar, Dirk Nowitzki, Michael Jordan, Durant, Scottie Barnes, Philadelphia's Tyrese Maxey, New York's Jalen Brunson, Orlando's Paolo Banchero, ” Banchero, Julius Randle, Philadelphia's Joel Embiid, Atlanta's Trae Young, Bam Adebayo, Tatum, Damian Lillard, Luka Doncic, Nikola Jokic, Oklahoma City's Shai Gilgeous, Alexander, “, ” Durant Organizations: INDIANAPOLIS, NBA, Eastern Conference, Western Conference, Los Angeles Lakers, LeBron, “, Lakers, Milwaukee, Tyrese, Indiana Pacers, West, of Famers Locations: Indianapolis, New, Barnes, Tyrese Haliburton, Dallas, Oklahoma

Working with Chinese rappers like the popular Higher Brothers, he has always interspersed English song lyrics with a catchy Chinese chorus. On his latest album, “Love for you,” Phoenix apologizes to Higher Brothers for saying they were not speaking in support of Black Lives Matter. Phoenix's criticism led to a rift with Higher Brothers that hasn't healed. He also served as a moderator for a panel about Asian American support for Black Lives Matter. Again, he spoke of Black and Asian solidarity, and of seeing everyone as human first.

Persons: Bohan, Phoenix, …, ”, “, couldn’t, George Floyd, ” Phoenix, hasn't Organizations: Associated Press, Phoenix, Brothers, U.S Locations: BANGKOK, China, Phoenix, U.S, New York, Harlem, Chengdu . Phoenix, West

☆ California Gov. Gavin Newsom wants the Supreme Court to make it easier to clear homeless encampments. Advocates say that will make the crisis worse.
▼ + stars: | 2024-01-31 | by ( Eliza Relman | ) www.businessinsider.com time to read: +6 min

The Supreme Court will review a Ninth Circuit decision protecting unsheltered homelessness. AdvertisementThe Supreme Court earlier this month announced it would take up the most consequential case dealing with homelessness in decades. Gavin Newsom, have also asked the Supreme Court to overturn the ruling, arguing that it makes it difficult or impossible to address the homelessness crisis. Last year, a Maricopa County judge ordered Phoenix officials to clear the Zone. "Local officials can still cite, arrest, and prosecute people for any other violation of the law, including for all crimes against people and property."

Persons: Gavin Newsom, —, Johnson, California's, Newsom, Kate Gallego, Jeffrey Selbin, Selbin, Jesse Rabinowitz, court's Organizations: Circuit, CA Gov, Service, Ninth Circuit, California Gov, Phoenix, UC Berkeley, Advocacy Clinic, National Homelessness Law Locations: Grants Pass , Oregon, Martin v, Boise, Phoenix , Arizona, Maricopa, Phoenix, San Diego, San Francisco

LeBron James joined yet another exclusive club, and he’ll have plenty of familiar faces alongside him at the NBA All-Star Game. James is an All-Star — and an All-Star starter — for the 20th time, with the league unveiling the results of this season’s starter balloting on Thursday night. Durant is a 14-time selection now, one of only 11 players in NBA history to be picked that many times. Tatum set an All-Star Game record last season, scoring 55 points in Salt Lake City on the way to MVP honors. This year’s All-Star Game goes back to the traditional East-vs.-West format, which was utilized in the first 66 NBA midseason classics.

Persons: LeBron James, James, —, Kareem Abdul, Jabbar, Phoenix’s Kevin Durant, Denver’s Nikola Jokic, Dallas ’ Luka, Oklahoma City’s Shai Gilgeous, Alexander, Stephen Curry, Durant, Milwaukee’s Giannis Antetokounmpo, Boston’s Jayson Tatum, Philadelphia’s Joel Embiid —, Tatum, Milwaukee's Damian Lillard, “, ” Tatum, it’s, Curry, Boston's Jaylen Brown, York's Jalen Brunson, Atlanta's Trae, Cleveland's Donovan Mitchell, Miami's Bam Adebayo, Anthony Davis, Orlando's Paolo Banchero, Sacramento's De'Aaron Fox, Phoenix's Devin Booker, Kawhi Leonard, Philadelphia's Tyrese Maxey, Minnesota's Anthony Edwards, ” Haliburton, I’ve, ”, Antetokounmpo, ” Durant, Adam Silver, Gordie Howe, Hank Aaron, Willie Mays, Stan Musial, Howe, Aaron, Mays, Musial, Mickey Mantle, it’ll, SportsMediaWatch, ” Joe Dumars, ___ Organizations: NBA, Star, Western Conference, Golden State, Eastern Conference, Haliburton, TNT, Los Angeles Lakers, Los Angeles Clippers, NHL, Major League Baseball, Star Games, Kobe Bryant’s, League, TBS Locations: Indianapolis, Dallas, Dallas ’ Luka Doncic, Oklahoma, Salt Lake City, Miami, Indiana, Indy, U.S

But it was Green's recent history — two suspensions for on-court conduct this season — that Hill and USA Basketball couldn't ignore. Political Cartoons View All 253 ImagesGreen is one of four current NBA players with more than one Olympic gold medal. There are a slew of players in line to potentially make their first Olympic team, including reigning MVP Joel Embiid and four-time NBA champion Stephen Curry. All 41 players on the current list have expressed interest in playing; 24 have been All-Stars, with a combined 131 selections. That means, at minimum, 12 past All-Stars won't graduate from the pool to the actual Olympic team this summer.

Persons: Grant Hill, ” Hill, “, ” Green, Golden, Minnesota's Rudy Gobert, Phoenix's, Green, Kevin Durant, LeBron James, Chris Paul —, didn't, Sean Ford, Steve Kerr, Joel Embiid, Stephen Curry, ” ___ Organizations: Paris, Paris Games, men's, Golden State, Olympic, USA, USA Basketball, NBA Locations: United States, Hill, Las Vegas, Paris, Canada, paris

☆ 3,500 student-loan borrowers got $109 million in debt wiped out after being 'cheated' by their schools. Top Democrats want relief for taxpayers, too.
▼ + stars: | 2023-11-07 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

Some Democrats want the Education Department to recoup funds from Ashford and University of Phoenix. The department previously accused those schools of fraud, granting thousands of borrowers debt relief. The lawmakers want the schools to pay up so taxpayers don't foot the bill for the relief. The Democrats referenced two recent actions to provide relief for borrowers who went to for-profit schools accused of predatory behavior: $72 million in relief for 2,300 borrowers "cheated" by Ashford University, and $37 million in relief for 1,200 borrowers "deceived" by the University of Phoenix, according to the Education Department. AdvertisementAdvertisement"This would send a strong warning signal to other predatory for-profit colleges that there are substantial financial consequences for defrauding students," the Democrats wrote.

Persons: —, Joe Biden, Sen, Dick Durbin, Rosa DeLauro, — Sen, Elizabeth Warren —, Secretary Miguel Cardona, ike, hoenix, J ames Organizations: Education Department, Ashford and University of Phoenix, Service, Secretary, Ashford University, University of Phoenix Locations: Ashford, Phoenix

PHOENIX (AP) — The San Antonio Spurs were flailing in the fourth quarter Thursday night, struggling to find their footing after the Phoenix Suns erased a 27-point lead and threatened to finish an epic comeback victory. The 19-year-old rookie scored a season-high 38 points, Zach Collins added 19 and the Spurs held off Phoenix 132-121 on Thursday night. On Thursday, it looked as if San Antonio would win in a blowout. San Antonio pushed its advantage to 27 points midway through the second quarter, taking advantage of sloppy Phoenix play on both ends of the floor. The Spurs led 75-55 at the break after Wembanyama hit back-to-back 3s late in the second quarter.

Persons: Victor Wembanyama, It's, Zach Collins, Keita Bates, Someone's, ” Wembanyama, ”, Wembanyama, Frenchman, “, Gregg Popovich, “ He's, ” Phoenix's Devin Booker, Kevin Durant, Keldon Johnson, San Antonio, ” Booker, Bates, Booker, ___ Organizations: PHOENIX, San Antonio Spurs, Phoenix Suns, Spurs, Suns, NBA, ” Spurs, Phoenix, Toronto, Sunday . Suns, Philadelphia Locations: Phoenix, San Antonio, Durant, Antonio

HOUSTON (AP) — Chris Paul came off the bench for the first time in his NBA career Sunday. Paul entered Golden State's game at Houston as a substitute, checking in with 6:58 left in the first quarter. Including playoffs, Paul started the first 1,365 games of his NBA career. “But at the end of the day it's basketball.”Political Cartoons View All 1223 ImagesThe question — would Paul start or not? Paul started the last 25 games of his college career, and then every game of his 19 NBA seasons until Sunday.

Persons: — Chris Paul, Paul, Green —, —, “, ” Paul, Steve Kerr, Paul —, LeBron James, Philadelphia's P.J, Tucker, Golden, Chris, ” Kerr, ‘, ’, ” Green, Stephen Curry, Steph Curry, Chris Paul, Milwaukee’s Damian Lillard —, Irving, James, Phoenix's Kevin Durant, Tim Duncan, Karl Malone didn’t, Shaquille O’Neal, Michael Jordan didn’t, Paul didn’t, Jason Kidd, Kobe Bryant, Temple, ” Organizations: HOUSTON, NBA, Golden, Houston, Warriors, Golden State, Los Angeles Lakers, 833rd, Dallas, of Fame Locations: Golden, .

☆ Phoenix's big moment: How Mayor Kate Gallego is capitalizing on the 'semiconductor revolution' to establish the next global city
▼ + stars: | 2023-10-12 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

Phoenix, Arizona, is the center of the US's burgeoning semiconductor chip industry . "We're still trying to prove ourselves as an important global city," Gallego told Insider. AdvertisementAdvertisementPhoenix's semiconductor industry could face some challengesIn the years ahead, Phoenix's economy and international reputation seem poised to benefit from the semiconductor boom. The first of the two TSMC chip factories has faced construction delays and accusations of management and safety issues. "It is the most complex project that I have seen in our city," Gallego said of TSMC's Phoenix factory.

Persons: isn't, Kate Gallego, —, We're, Gallego, Joe Biden, Gina Raimondo, she's, Patrick Semansky, wasn't, Jacob Zinkula, there's Organizations: Service, Philadelphia, Intel, US, Harvard, Phoenix, . Airlines, Taiwan Semiconductor Manufacturing Company, AP, Deloitte Locations: Phoenix, Arizona, , Arizona, United States, isn't, Taiwan, Asia, New Mexico, South Korea, Japan, California

WASHINGTON (AP) — The Biden administration on Friday is expected to release a playbook on best practices for training workers as the low 3.8% unemployment rate and years of underinvestment have left manufacturers, construction firms and other employers with unfilled jobs. As part of the 2021 pandemic rescue package, state and local governments have committed $11 billion to worker training. The eight-page playbook being issued in conjunction with the remarks details possible models that the administration believes state and local governments can follow. Money also is going to supportive services for child care and transportation, which are two of the big reasons why people are unable to complete training or stay on the job. Iowa is making $26.6 million available to help employers make child care available, while Phoenix's airport is offering child care scholarships to workers.

Persons: —, Biden, underinvestment, Joe Biden, Veronica Soto Organizations: WASHINGTON, Treasury Department, The Associated Press, Labor Department Locations: Harris County , Texas, Maine, Oklahoma, Connecticut, Iowa, Phoenix's

☆ Biden administration forgives $37 million in student debt for defrauded borrowers
▼ + stars: | 2023-09-20 | by ( Annie Nova | ) www.cnbc.com time to read: +2 min

The Biden administration announced Wednesday it would cancel nearly $37 million in student debt for more than 1,200 students who attended the University of Phoenix. The borrower defense program allows borrowers who can prove they've been misled or defrauded by their schools to get their federal student loans voided. "The University of Phoenix brazenly deceived prospective students with false ads to get them to enroll," said Richard Cordray, the federal student aid chief operating officer. The FTC had obtained internal emails, as well as advertisement materials and recorded phone calls with prospective Phoenix students. "Phoenix management was aware that the corporate relationships the school claimed to have did not exist," the Education Department said.

Persons: Biden, they've, University of Phoenix brazenly, Richard Cordray, Goldman Sachs, ‘ Organizations: University of Phoenix Chicago, University of Phoenix, U.S . Department of Education, University, Phoenix's, Fortune, Education Department, Finance, Federal Reserve, Federal Trade Commission, FTC, Phoenix Locations: Schaumburg , Illinois

☆ 1,200 student-loan borrowers are getting $37 million in debt wiped out after being 'brazenly deceived' by the University of Phoenix, Biden's Education Department says
▼ + stars: | 2023-09-20 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

1,200 student-loan borrowers who attended University of Phoenix are getting $37 million in debt relief. On Wednesday, President Joe Biden's Education Department and Federal Trade Commission announced that 1,200 borrowers who attended University of Phoenix will be getting $37 million in debt relief. Phoenix students who were enrolled between September 21, 2012, and December 31, 2014, and submitted claims, are included in this batch. The Education Department said it will begin notifying borrowers in early October that their borrower defense claims have been approved. Over the past months, the Education Department has taken a series of actions to assist defrauded borrowers.

Persons: Joe Biden's, University of Phoenix brazenly, Richard Cordray, Ashford Organizations: University of Phoenix, Education Department, Service, Joe Biden's Education Department, Federal Trade Commission, Phoenix, Aid, FTC, University, Ashford University, San Locations: Phoenix, Wall, Silicon, San Diego

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