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☆ Exclusive: Biden taps Jackson for economic adviser, signals focus on education
▼ + stars: | 2023-08-11 | by ( Trevor Hunnicutt | ) www.reuters.com time to read: +3 min

U.S. President Joe Biden delivers remarks on veterans' care at George E. Wahlen Department of Veterans Affairs Medical Center in Salt Lake City, Utah, U.S. August 10, 2023. REUTERS/Jonathan Ernst/File PhotoWASHINGTON, Aug 11 (Reuters) - U.S. President Joe Biden is tapping C. Kirabo Jackson, a labor economist whose research advocates robust public spending on schools, to fill out his three-member Council of Economic Advisers (CEA), according to a White House official. The selection suggests public education will be a key area of focus for Biden's brain-trust ahead of a 2024 re-election bid expected to turn on the strength of the economy. Jackson's pick also comes as the Biden administration is thinking through how to boost lagging educational performance since the COVID-19 pandemic. Reporting by Trevor Hunnicutt; Editing by Heather Timmons and Andrea RicciOur Standards: The Thomson Reuters Trust Principles.

Persons: Joe Biden, George E, Jonathan Ernst, Kirabo Jackson, Jackson, Biden, Jackson's, Cecilia Rouse, Trevor Hunnicutt, Heather Timmons, Andrea Ricci Organizations: George, Wahlen Department of Veterans Affairs Medical, REUTERS, Economic Advisers, White, Northwestern University, Princeton University, CEA, Thomson Locations: Salt Lake City , Utah, U.S

☆ Biden in Utah to mark anniversary of toxic burn pit legislation
▼ + stars: | 2023-08-10 | by ( Nandita Bose | ) www.reuters.com time to read: +2 min

SALT LAKE CITY (Reuters) - President Joe Biden will visit a Utah veterans’ medical center on Thursday to mark the one-year anniversary of the signing of legislation providing aid to veterans sickened by gases from military toxic burn pits. 1st Class Heath Robinson, stand by in the East Room of the White House, in Washington, U.S., August 10, 2022. The U.S. military used burn pits to dispose of waste on foreign bases until the mid-2010s. Under the law, certain cancers and ailments, including hypertension, are presumed to be connected to the burn pits and the need for veterans to prove they were connected was eliminated. Biden has said he believes there may have been a connection between the brain cancer that killed his son Beau Biden at age 46 and the burn pits that Beau was exposed to during his military service.

Persons: Joe Biden, Heath Robinson, Danielle, Brielle Robinson, Kevin Lamarque, Biden, invigorate, George E, Beau Biden, Beau Organizations: LAKE CITY, White, REUTERS, Wahlen Department of Veterans Affairs Medical, Reuters Locations: Utah, Washington , U.S, American, Salt Lake City, U.S

☆ Biden marks anniversary of toxic burn pit legislation during Utah trip
▼ + stars: | 2023-08-10 | by ( Nandita Bose | ) www.reuters.com time to read: +3 min

SALT LAKE CITY (Reuters) - President Joe Biden visited a U.S. veterans’ medical center in Utah on Thursday to mark the one-year anniversary of the signing of legislation that provides aid to veterans sickened by gases from military toxic burn pits. 1st Class Heath Robinson, stand by in the East Room of the White House, in Washington, U.S., August 10, 2022. The U.S. military used burn pits to dispose of waste on foreign bases until the mid-2010s. Under the law, certain cancers and ailments, including hypertension, are presumed to be connected to the burn pits and the need for veterans to prove they were connected was eliminated. “The PACT Act means today’s veterans and their families won’t suffer the same painful frustrating delays and denials,” Biden said.

Persons: Joe Biden, Heath Robinson, Danielle, Brielle Robinson, Kevin Lamarque, Biden, invigorate, George E, Orange, ” Biden, “, ”, Beau Biden, Beau Organizations: LAKE CITY, White, REUTERS, Wahlen Department of Veterans Affairs Medical, Reuters Locations: U.S, Utah, Washington , U.S, American, Salt Lake City, Vietnam

☆ Biden expands US aid for Hawaii as wildfires grip Maui
▼ + stars: | 2023-08-10 | by ( Nandita Bose | ) www.reuters.com time to read: +2 min

SALT LAKE CITY, Aug 10 (Reuters) - President Joe Biden on Thursday expanded federal aid to Hawaii and promised help to its suffering citizens as deadly wildfires engulfed the island of Maui, and he expressed condolences for the devastation in a call with the state's governor. An aerial view shows smoke as wildfires ravage the island in Maui, Hawaii, August 9, 2023. County of Maui/Handout via REUTERS"Our prayers are with the people of Hawaii, but not just our prayers. The White House said the order would make federal funding available to affected people in Maui County. In a call with Hawaii Governor Josh Green, Biden "expressed his deep condolences for the lives lost and vast destruction of land and property," the White House added.

Persons: Joe Biden, Biden, who's, Josh Green, Nandita Bose, Susan Heavey, Rami Ayyub, Jeff Mason, Aurora Ellis, Jonathan Oatis Organizations: LAKE CITY, Hawaii, Federal Emergency Management Agency, FEMA, National Guard, U.S . Coast Guard, Thomson Locations: Hawaii, Maui, Utah, County, Handout, Maui County

REUTERS/Jonathan Ernst/File PhotoWASHINGTON, Aug 10 (Reuters) - U.S. President Joe Biden asked Congress to approve about $40 billion in additional spending on Thursday, including $24 billion for Ukraine and other international needs, $4 billion related to border security and $12 billion for disaster relief. Trump, the front-runner in the race to be the Republican presidential nominee in 2024, has been sharply critical of U.S. support for Ukraine in the war. FIRST UKRAINE REQUEST SINCE REPUBLICANS TOOK HOUSERepublicans narrowly control the House, where Speaker Kevin McCarthy signaled in June that any request for more assistance for Ukraine would face an uphill path through Congress. The House and Senate last approved aid for the Kyiv government - $48 billion - in December, before Republicans took control of the House. The request includes $13.1 billion for the Department of Defense, including $9.5 billion for equipment for Ukraine and replenishment of U.S. equipment stocks already sent to Kyiv.

Persons: Joe Biden, George E, Jonathan Ernst, Donald Trump, pare, Chuck Schumer, Biden, America’s, Vladimir Putin, Schumer, Mitch McConnell, McConnell, Kevin McCarthy, McCarthy, Shalanda Young, Russia's Wagner, Yevgeny Prigozhin, Andrea Shalal, Patricia Zengerle, David Shepardson, Doina Chiacu, Jonathan Oatis Organizations: George, Wahlen Department of Veterans Affairs Medical, REUTERS, White, Washington, Trump, Republican, Ukraine, Democratic, FIRST, HOUSE, Kyiv, Republicans, World Bank, Department of Defense, Department of State, U.S . Agency for International Development, Department of Homeland Security, DHS, Thomson Locations: Salt Lake City , Utah, U.S, Ukraine, Kyiv, Russian, United States, Russia, China, FIRST UKRAINE, Niger

☆ Biden calls China a 'ticking time bomb' due to economic troubles
▼ + stars: | 2023-08-10 | by ( Nandita Bose | ) www.reuters.com time to read: +2 min

U.S. President Joe Biden speaks as he holds a press conference with Finland's President Sauli Niinisto in Helsinki, Finland, July 13, 2023. REUTERS/Kevin Lamarque/File PhotoSALT LAKE CITY, Aug 10 (Reuters) - U.S. President Joe Biden on Thursday called China a "ticking time bomb" because of its economic challenges and said the country was in trouble because of weak growth. The United States, the world's largest economy, has fought high inflation and seen a robust labor market. "China is in trouble," Biden said on Thursday. Biden on Wednesday signed an executive order that will prohibit some new U.S. investment in China in sensitive technologies like computer chips.

Persons: Joe Biden, Sauli Niinisto, Kevin Lamarque, That’s, ” Biden, Biden's, Xi Jinping, Antony Blinken, Biden, Nandita Bose, Jeff Mason, Cynthia Osterman Organizations: Finland's, REUTERS, CITY, Wednesday, Thomson Locations: Helsinki, Finland, China, Utah, Beijing, United States

CNN —FBI special agents shot and killed a Utah man Wednesday while attempting to arrest him for allegedly making threats against President Joe Biden ahead of the president’s trip to the state. The case comes amid heightened vitriol aimed at national and local leaders in the lead-up to the 2024 election and what FBI Director Christopher Wray has called an “unprecedented” level of threats against FBI agents. “The Secret Service is aware of the FBI investigation involving an individual in Utah who has exhibited threats to a Secret Service protectee,” a Secret Service spokesperson said. !”FBI agents approached Robertson at his house in March about a social media post, investigators wrote in an affidavit. Don’t return without a warrant.”After the interaction, Robertson allegedly repeatedly threatened FBI agents online.

Persons: Joe Biden, Craig Robertson, Robertson, Biden’s, “, BIDEN, ” Robertson, Donald Trump, Christopher Wray, Monday Robertson, ” Biden, ”, Biden, General Merrick Garland –, Merrick Garland, Kamala Harris, Letitia James, Gavin Newsom, Alvin Bragg, Trump, DAs, Bragg Organizations: CNN, FBI, Investigators, Democratic, “ Hey FBI, FBI’s, Service, Secret, Kamala Harris , New York, California Gov, New York Locations: Utah, UTAH, BUFFOON, New Mexico, Salt Lake City, Provo , Utah, Kamala Harris , New, California, New York

agent on Wednesday fatally shot a man in Provo, Utah, who officials said was armed and had threatened to assassinate President Biden just hours before the president was scheduled to speak in nearby Salt Lake City. Craig D. Robertson, 75, was also charged with threatening to shoot other elected officials, including Alvin L. Bragg, the Manhattan district attorney, as well as with making threats against law enforcement officials, according to court documents filed a day earlier in U.S. District Court in Salt Lake City. The shooting comes at a moment of intense polarization in American politics. The three indictments of former President Donald J. Trump have offered fodder for supporters and allies, who have seized on his mounting legal peril to fan a narrative of a Justice Department weaponized against him and bent on derailing the Republican front-runner’s campaign to retake the White House.

Persons: Biden, Craig D, Robertson, Alvin L, Bragg, Donald J, Trump, weaponized Organizations: Justice, Republican Locations: Provo , Utah, Salt Lake City, Manhattan, U.S

WASHINGTON, Aug 9 (Reuters) - The FBI said its agents shot and killed a Utah man on Wednesday during a raid that a source said targeted the man for allegedly making threats against U.S. President Joe Biden, Vice President Kamala Harris and law enforcement officials. The FBI did not identify the man or say why it was seeking an arrest. Biden, who was scheduled to visit Utah on Wednesday, was briefed on the FBI raid, a White House official said, referring further questions on the matter to the FBI. He also allegedly made online threats against Biden ahead of his scheduled Utah visit. The complaint showed that the suspect faced charges on three counts: interstate threats, threats against the president, and influencing, impeding and retaliating against federal law enforcement officers by threat.

Persons: Joe Biden, Kamala Harris, Biden, Craig Robertson, Harris, Attorney Alvin Bragg, Bragg, Donald Trump, General Merrick Garland, Kanishka Singh, Jeff Mason, Rami Ayyub, Jonathan Oatis, Deepa Babington Organizations: FBI, U.S, Utah, White, Reuters, Attorney's, Manhattan, Attorney, ABC News, Thomson Locations: Utah, Salt Lake City, Provo, New York, States, Washington

☆ FBI shoots and kills Utah man wanted for threats against Biden, Manhattan DA
▼ + stars: | 2023-08-09 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

U.S. President Joe Biden waves as he departs from Delaware Air National Guard Base in New Castle, Delaware, en route to Joint Base Andrews, Aug. 7, 2023. The FBI shot and killed a Utah man on Wednesday while trying to arrest him for threatening to murder President Joe Biden and the New York district attorney who is prosecuting former President Donald Trump in connection with hush money payments, NBC News reported. Many other politicians were also allegedly threatened by the man, Provo resident Craig Deleeuw Robertson, who was accused in court documents of vowing to retaliate against the FBI during an investigation. Robertson was fatally shot by at least one FBI agent at 6:15 a.m. in Provo, about 12 hours before Biden was due to visit the state in Salt Lake City No agents were injured. "The incident began when special agents attempted to serve arrest and search warrants at a residence,"the FBI said in a statement.

Persons: Joe Biden, Base Andrews, Donald Trump, Craig Deleeuw Robertson, Robertson, Biden Organizations: Delaware Air National Guard Base, Base, FBI, New, NBC News, Provo, FBI's Locations: New Castle , Delaware, Utah, New York, Provo, Salt Lake City

☆ A Utah man who once posted on Truth Social about putting 'a nice hole' in Biden's forehead was shot and killed by FBI agents after feds accused him of threatening the president the day of his visit to
▼ + stars: | 2023-08-09 | by ( Lindsay Whitehurst | Sam Metz | Associated Press | ) www.businessinsider.com time to read: +5 min

FBI agents shot and killed an armed Utah man accused of threatening President Joe Biden. Craig Deleeuw Robertson was armed when agents arrived to serve a search warrant. Biden was expected to to visit Utah around the time the threats were made, per court documents. Robertson was charged under seal Tuesday with three felony counts, including making threats against the president, court documents show. Clark said Robertson had a collection of about 20 guns, though he noted that that wasn't unusual for the area.

Persons: Joe Biden, Craig Deleeuw Robertson, Biden, Robertson, MAGA Trumper, Donald Trump's, Attorney Alvin Bragg, General Merrick Garland, Letitia James, Joe, Kamala, Bragg, askew, of Jesus Christ, Travis Lee Clark, who's, Clark Organizations: Service, FBI, Associated Press, Veterans Affairs, Trump : Manhattan, Attorney, New York, Facebook, Truth, Trump, Provo, of Jesus, LinkedIn, Western Locations: Utah, Wall, Silicon, Provo, Salt Lake City, Salt Lake, U.S, Western United States, New Mexico

☆ The 10 fastest-shrinking US cities and towns
▼ + stars: | 2023-08-05 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +3 min

Jackson, Mississippi, led the nation in the rate of population decline from July 2021 to July 2022. Though the Midwest is experiencing a "doom loop" in many of its cities, in which remote work has slowed the economies of Midwestern cities, only one Midwestern city made the top ten cities and towns shrinking at the fastest rate between 2021 and 2022. In an analysis of nearly 20,000 cities, towns, villages, and boroughs across the US, the Census Bureau found that places in Utah and Louisiana saw especially sharp declines. Some residents left following the city's water crisis, sparked by poor infrastructure and climate change. Three Utah cities outside of the Salt Lake City area — Taylorsville, Orem, and Sandy — also had above 2% losses in population.

Persons: redlining, Marccus Hendricks, Louis, Hurricane Ida, Sandy —, Francisco, Santa Organizations: Service, Census Bureau, D.C, University of Maryland, PBS, Louis Post, Dispatch, Bay Area Locations: Jackson, Mississippi, Area, Utah, Louis, New Orleans, San Francisco, Wall, Silicon, Miami, Louisiana, San Francisco , New York City , Washington, Boston, Jackson , Mississippi, St, Three Utah, Salt Lake City, Orem, Union City, Livermore, San Leandro, California, Santa Cruz, Georgetown , Texas

Apple's high-yield savings account passed $10 billion in deposits. The account, which encourages automatic deposits from Apple Card users, offers 4.15% APY. The savings account is the newest part of Apple's suite of products built into Apple Wallet, which allows iPhone users to easily integrate with Apple Card and Apple Savings. Users can choose to put this cash (called Daily Cash) in one of two places: an Apple Cash card, or an Apple Savings account. Like Apple Savings, Marcus is fee-free, FDIC-insured, and supported by the Salt Lake City branch of Goldman Sachs.

Persons: Goldman Sachs, Apple iPhones, Marcus Organizations: Apple Card, Apple, Apple Savings, Savings, Wall Street Journal, Cash, OceanFirst Bank Locations: Salt Lake City

☆ Instant View: Fitch downgrades U.S. foreign currency ratings to 'AA+' from 'AAA'
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +9 min

The downgrade follows a debt ceiling agreement in June that came after months of political brinkmanship and ultimately lifted the government's $31.4 trillion debt ceiling. Unless they think that fiscal trajectory suggests risk of a default, which I don't think they say, I don't understand the reason for this." “So I don't think the reaction, it should surprise anyone in the markets because we've been through this before. JACK ABLIN, CHIEF INVESTMENT OFFICER, CRESSET WEALTH ADVISORS IN PALM BEACH, FLORIDA"I'm surprised, but I'm not surprised." "It's really the just the troubled negotiations that take place every time we have a debt ceiling or budget negotiation.

Persons: Thomas White, Fitch, STEVEN RICCHIUTO, ” WENDY EDELBERG, I'm, JASON WARE, Fiitch, MICHAEL O’ROURKE, “, ” BERNARD BAUMOHL, Poor’s, ” MICHAEL SCHULMAN, ANGELO KOURKAFAS, EDWARD JONES, ”, MICHAEL K, FARR, That’s, ” KEITH LERNER, ” “ It’s, ERIC WINOGRAD, ALLIANCEBERNSTEIN, QUINCY KROSBY, doesn't, JACK ABLIN, it's Organizations: REUTERS, United, AAA, USA, ., OF, HAMILTON PROJECT, BROOKINGS, WASHINGTON D.C, ALBION, Fitch, AA, PRINCETON, NEW, ST LOUIS, MILLER & WASHINGTON LLC, ADVISORY, Global Finance, Markets, Thomson Locations: United States, U.S, MIZUHO, WASHINGTON, CITY , UTAH, STAMFORD , CONNECTICUT, NEW JERSEY, ATLANTA, CHARLOTTE, NORTH CAROLINA, BEACH , FLORIDA

☆ Toyota unveils the retro-styled return of the Land Cruiser
▼ + stars: | 2023-08-01 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +5 min

New York CNN —Just three years after being discontinued in North America, the Toyota Land Cruiser is coming back — with an all-new, retro-styled design. The Toyota Land Cruiser has its own similarly passionate fan base. ToyotaFor those who really want to tap into Land Cruiser history, customers in the United States will be offered the Land Cruiser 1958 Edition, commemorating the year the model was first offered in the United States. The Toyota Land Cruiser 1958 edition has round headlights. In many parts of the world, especially in places where roads are poor and service centers scarce, Toyota Land Cruisers have become ubiquitous.

Persons: New York CNN —, Ford, It’s, Kurt Williams, Williams, ‘, ’ ”, “, ’, Brian Rabold Organizations: New, New York CNN, Toyota, Cruiser, Lexus, . Engineers, Land Cruiser Heritage Museum, Toyota Land Cruisers, Cruisers Locations: New York, North America, United States, Salt Lake City, America, Australia

You'll want to know how to watch the UFC 291 live stream tonight, July 29. We'll also guide you step-by-step on how to use a VPN to watch UFC 291, no matter where you are. If you're not in the US, you still have a few options to watch UFC 291. In Canada, UFC 291 will be available as a pay-per-view through most TV providers and directly via UFC Fight Pass. UFC 291 Fight Card: Poirier vs. Gaethje 2Main Card — 10 p.m.

Persons: Dustin Poirier, Justin Gaethje, Poirier, Gaethje, Jan Blachowicz, Alex Pereira, We'll, CEST, McGregor, ExpressVPN, Stephen Thompson, Michel Pereira, Tony Ferguson, Bobby Green, Michael Chiesa, Kevin Holland, Gabriel Bonfim, Trevin Giles, Derrick Lewis, Marcos Rogerio De Lima, Claudio Ribeiro, Jake Matthews, Darrius, CJ Vergara, Vinicius Salvador, Matthew Semelsberger, Uros Medic, Miranda Maverick, Priscila Organizations: UFC, Delta Center, ESPN, ABC, TNT Sports, Amazon, Apple, PlayStation, Samsung, BT, BT Sport, You'll, LG, AEST Locations: Salt Lake City , Utah, Canada, Australia, New Zealand, Germany, Italy, Spain, Poland, Switzerland, Asia, Africa, Brazil

☆ US annual inflation posts smallest rise in more than two years
▼ + stars: | 2023-07-28 | by ( Lucia Mutikani | ) www.reuters.com time to read: +7 min

The personal consumption expenditures (PCE) price index increased 0.2% last month after edging up 0.1% in May, the Commerce Department said. Excluding the volatile food and energy components, the PCE price index gained 0.2% after rising 0.3% in the prior month. That lowered the year-on-year increase in the so-called core PCE price index to 4.1%, the smallest advance since September 2021. The annual core PCE price index climbed 4.6% in May. Line chart with data from the Bureau of Economic Analysis and Federal Reserve shows PCE inflation slowed to 3% year-on-year in June, while core PCE inflation also eased to 4.2%.

Persons: Christopher Rupkey, Cory Stahle, Ellen Zentner, Morgan Stanley, Lucia Mutikani, Chizu Nomiyama, Paul Simao Organizations: Labor, Federal Reserve, Fed, Commerce Department, Reuters, Treasury, Labor Department, Employers, Thomson Locations: WASHINGTON, New York, U.S, Ukraine, Salt Lake City , Utah

☆ Why Cities Across the US Look the Same: Remote Work, High Home Prices
▼ + stars: | 2023-07-25 | by ( David A. Banks | ) www.businessinsider.com time to read: +15 min

The shift to remote work early in the pandemic allowed wealthy residents to ditch big cities in droves and set up shop in smaller cities and towns nearby. While the surging costs of housing and the new freedom of remote work helped trigger this mass migration, small cities have been laying the groundwork over the last decade to entice these big-city refugees. Then came the pandemic, and remote work suddenly made small cities a viable home for wealthy professionals. For the past two decades, cities have turned to an economic development strategy I've deemed "the city authentic." It spiked even more during the pandemic when change of addresses from New York City jumped a whopping 787%.

Persons: Tim Burton, —, Richard Florida, millennials, DAVID BREWSTER, downtowns, weathers, It's, Alison Roman, Chrissy Teigen, it's, restaurateurs, John Greim, Instagramable cafés, David A, Banks Organizations: Urban, New York Times, Creative, The New York Times, Industrial Development Agency, IDA, Arts, Craft, Fulton, Star Tribune, Getty, Social, Business, New York City, Neighborhood Initiative, Globalization Studies, University, Albany SUNY, UUP Locations: America, Hudson, New York City, Austin , Texas, Charlotte, North Carolina, Denver , Minneapolis, Salt Lake City, Dallas, Louisville, Connecticut, Florida, Washington, Fulton, New York, Athens, Georgia, Tulsa , Oklahoma, Arts District, Saint Paul , Minnesota, , New York, Rensselaer, Troy, Rensselaer County, Newark , New Jersey, Dudley, Boston

Visit Seattle, the city's tourist organization, hopes the same will happen this weekend. King County Council declared the week leading up to the concert as "Taylor Swift Week" in her honor. Woody said he expects 144,000 Swift fans to descend on the city over the two days of concerts. "I love Taylor Swift and she’s not coming to Canada yet,” said Katherine Archibald who is visiting Seattle from Calgary, Alberta for the concert. In addition to the two sold out concerts, Seattle is also hosting multiple sporting events, the Bite of Seattle food festival, and the Capitol Hill Block Party music festival this weekend.

Persons: Taylor Swift, Lumen, Ragnhild Read, Taylor, Public Affairs Michael Woody, Woody, Swift, Justin Trudeau, she’s, ”, Katherine Archibald, Matt McKnight, Diane Craft Organizations: Swift, Reuters, Seattle, Community, Public Affairs, King County Council, Capitol, Block Party, Thomson Locations: Seattle, United States, Salt Lake City , Utah, Salt Lake City, Canada, American, Calgary , Alberta, LA

☆ Across rural America, data center development booms as investors race to cater to artificial intelligence
▼ + stars: | 2023-07-21 | by ( Daniel Geiger | ) www.businessinsider.com time to read: +10 min

Data center development is booming and AI is expected to stoke already growing demand. Demand is sapping power grids in major markets and pushing data center development across the US. The project's neighbors include Google, Meta, Microsoft, and Amazon – all of whom have similar plans, or are already underway with major data center projects. The message came after a torrid period of growth by the data center industry in that region. Wes Swenson, Nova's CEO, said the Reno region was becoming increasingly popular for data center development because of its access to power.

Persons: Matt McCollister, Martin Peck, Lincoln Rackhouse, Peck, Blackstone, Jonathan Gray, Drew Angerer, Bard, Gray, Pat Lynch, Robbie Sovie, Sovie, Georgia Power, Skybox, Rob Morris, Morris, George Frey, Novva, Wes Swenson, Nova's, Swenson, CBRE, Lynch Organizations: stoke, Lincoln Property Company, Harrison Street, Google, Meta, Microsoft, Amazon, Lincoln, Carrier, QTS, Dominion Energy, Dominion, Washington DC, APS, QuadReal, Georgia, Reuters, Data Centers, CIM Group Locations: Ohio, New Albany, Columbus, Northern Virginia, Dallas, Phoenix, Silicon Valley, Chicago, Virginia, Loudoun County, Washington, Arizona, Southwest, Lithia Springs , Georgia, Atlanta, Vancouver, Hutto , Texas, Austin, Eagle Mountain , Utah, Reno , Nevada, Storey County, Reno, Silicon, Salt Lake City, West Jordan , Utah, CBRE

☆ Plans for the world's largest Costco warehouse are under review, but customers would only be able to shop in part of it
▼ + stars: | 2023-07-20 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

Costco is seeking to build a new 241,342 square-foot warehouse in Fresno, California. The facility would replace an existing location and combine ecommerce fulfillment under one roof. This would be the wholesale club's largest warehouse, but shoppers would only be able to access part of the location. Target has gone all-in on using its stores to fulfill orders, and Walmart has used its stores for e-commerce fulfillment for years. The Salt Lake City location also opened as a hybrid concept, with a general members store and a dedicated business center for commercial customers under one roof.

Organizations: Costco, Service, Walmart, Fresno Bee Locations: Fresno , California, Wall, Silicon, Salt Lake City , Utah, Target, Salt Lake City, Fresno, Fresno . City

☆ Global temperatures near record highs as US, China meet on climate
▼ + stars: | 2023-07-17 | by ( Charlie Devereux | ) www.reuters.com time to read: +5 min

REUTERS/Remo CasilliSummary Weather extremes experienced around the worldBiggest polluters United States and China meetClimate crisis 'is happening', says WHO bossMADRID, July 17 (Reuters) - Global temperatures were soaring to historic highs as the world's two biggest carbon emitters, the United States and China, sought on Monday to reignite talks on climate change. Wildfires in Europe raged ahead of a second heat wave in two weeks that was set to send temperatures as high as 48C. Ahead of meeting Chinese counterpart Xie Zhenhua in Beijing, U.S. climate envoy John Kerry urged China to partner with the United States to cut methane emissions and coal-fired power. Prolonged high temperatures in China are threatening power grids and crops and raising concerns about a repeat of last year's drought, the most severe in 60 years. The heat dome across the western United States also helped to generate heavy rains in the northeast, claiming at least five lives.

Persons: Remo, MADRID, reignite, Adhanom Ghebreyesus, Xie Zhenhua, John Kerry, Talim, Charon, Matilde, Angelica Aureli, it's, Ruben del Campo, Sergio Rodriguez, Kayla Hill, Carlo Buontempo, Buontempo, Charlie Devereux, Emma Pinedo, Giselda Vagnoni, Emma Farge, Kate Abnett, Andrew Cawthorne Organizations: REUTERS, United, World Health, ACT, Italy's Air Force, La Palma, Canaries, TVE, World Meteorological Organization, National, Thomson Locations: Italy, Rome, United States, China, Sanbao, Europe, Beijing, U.S, Guangdong, Hainan, South Korea, Seoul, Sardinia, Spain, La, Florida, Furnace Creek, Salt Lake City , Utah, Madrid, Geneva, Brussels

☆ These 10 states are running America's best economies for residents
▼ + stars: | 2023-07-13 | by ( Scott Cohn | ) www.cnbc.com time to read: +8 min

To determine which states have the best economy, we look at overall economic growth and annual job growth on a percentage basis, as well as the health of state finances. We measure the breadth of each state's economy by looking at how many major corporations are headquartered there. IndianaWhile the Hoosier State's economy is hardly a barnburner, Indiana offers stability. The state's debt rating is solid. UtahThe Beehive State's economy just keeps buzzing.

Persons: Christina, Dupont De Nemours, Incyte Carlos Hernandez, Eileen T, Meslar, Eli Lilly, Kyle Green, Lucas Jackson, George Frey, Zions, Tim Aeppel, —, Justin Sullivan, Lindsey Nicholson, Matthew Busch, payrolls, Jim Watson Organizations: Companies, Business, Getty, Bureau, AAA, Reuters, Indiana, Hoosier, Federal Housing Finance Agency, National Association of Realtors, Simon Property, Bloomberg, Gem, Data Solutions, Micron Technology, Lamb Weston Holdings, South, South Carolina, Union Pacific, Automotive Designs, . Tennessee The Volunteer State, Headquarters, FedEx, Tractor, Delta Airlines, Peach State, Assurant, Intercontinental Exchange, Universal, North, Bank of America, Duke Energy, Just Energy Group, Texas, Lone Star State, Oracle, Tesla, AFP Locations: U.S, States, Wilmington , Delaware, Delaware, Middlebury , Indiana, , Indiana, CBH, Calvary Springs, Nampa , Idaho, Idaho, California, York County , South Carolina, South Carolina, Palmetto, South, Salt Lake City , Utah, Utah, Bristol , Indiana, Tennessee, Alpharetta , Georgia, Georgia, Denver , North Carolina, North Carolina, Houston , Texas, The Texas, Texas, New York, Miami , Florida, Florida

☆ Nvidia deepens bets on AI in drug discovery with Recursion investment
▼ + stars: | 2023-07-12 | by ( ) www.reuters.com time to read: +2 min

July 12 (Reuters) - Chip designer Nvidia (NVDA.O) will invest $50 million to speed up training of Recursion's (RXRX.O) artificial intelligence models for drug discovery, the companies said on Wednesday, sending the biotech firm's shares surging about 62%. Recursion, whose advisers include AI pioneer Yoshua Bengio, will use its biological and chemical datasets exceeding 23,000 terabytes to train AI models on Nvidia's cloud platform. Nvidia, seen as a big winner of the boom in artificial intelligence, could then license those models to biotech firms through BioNeMo, a generative AI cloud service for drug discovery that it rolled out earlier this year. The investment comes as Recursion strengthened its AI focus in May by snapping up two companies in the AI-driven drug discovery space for $87.5 million. The Salt Lake City, Utah-based company's current partners include Bayer (BAYGn.DE) and Roche (ROG.S).

Persons: Nvidia, Roche, Mubadala, Baillie Gifford, Chavi Mehta, Stephen Nellis, Mariam Sunny, Shilpi Majumdar, Sriraj Organizations: Nvidia, Bayer, Baillie Gifford & Co, Thomson Locations: BioNeMo, Salt Lake City , Utah, Abu, Bengaluru, San Francisco

☆ Nvidia invests $50 million in biotech company Recursion for A.I. drug discovery
▼ + stars: | 2023-07-12 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +2 min

Chipmaker Nvidia will invest $50 million in Recursion Pharmaceuticals to speed up the development of the biotech firm's artificial intelligence models for drug discovery, the companies said Wednesday. AI models usually require vast amounts of data, typically measured in terabytes, to train them. Nvidia can then potentially license those AI models on BioNeMo, the company's cloud service for generative AI in drug discovery that it rolled out earlier this year. A month later, Google Cloud launched two new AI-powered tools that aim to help biotech and pharmaceutical companies accelerate drug discovery. The company in May acquired two companies in the AI-driven drug discovery space for $87.5 million.

Persons: Roche, Chris Gibson, Nvidia's, drugmakers, Exscientia, AbCellera Biologics, — CNBC's Benjamin Taubman Organizations: Nvidia, Pharmaceuticals, Bayer, NVIDIA, Moderna, Google Cloud Locations: Salt Lake City , Utah

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