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Stock market today: Microsoft, Meta and the burden of expectations knock Wall Street sharply lower

AP Business Writer NEW YORK (AP) — Drops in big tech companies including Microsoft and Facebook’s parent company Meta Platforms led Wall Street lower. The S&P 500 fell 1.9% Thursday, its worst day in eight weeks. The Dow Jones Industrial Average dropped 0.9%, and the Nasdaq composite tumbled 2.8%. Both Microsoft and Meta delivered better

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Tennis event canceled after players and coach are victims of a ‘virtual’ kidnapping in Mexico

MEXICO CITY (AP) — The Mexican Tennis Federation has canceled a junior tournament in the central state of Guanajuato after 10 players, all underage, and a coach, were victims of a “virtual” kidnapping. The Juniors 30 tournament, the lowest-ranked tournament under the International Tennis Federation’s umbrella, was being held in the city of Irapuato. The

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Report says crowd-sourced fact checks on X fail to address flood of US election misinformation

AP Technology Writer SAN FRANCISCO (AP) — X’s crowd-sourced fact-checking program, called Community Notes, isn’t addressing the flood of U.S. election misinformation on Elon Musk’s social media platform. That’s according to a report published Wednesday by a group that tracks online hate speech. The nonprofit Center for Countering Digital Hate analyzed the Community Notes feature

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Judge sets hearing on $1M-a-day sweepstakes from Elon Musk PAC helping Donald Trump

Associated Press PHILADELPHIA (AP) — A Philadelphia judge has set a hearing Thursday morning in the city prosecutor’s bid to shut down Elon Musk’s $1 million-a-day sweepstakes in battleground states. The giveaways come from Musk’s political organization, which aims to boost Donald Trump’s presidential campaign. Philadelphia District Attorney Larry Krasner, a Democrat, filed suit Monday

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California announces sustainable fuels partnership to curb emissions from planes

Associated Press/Report for America SACRAMENTO, Calif. (AP) — California is partnering with a major airline trade group to increase the availability of sustainable aviation fuels in the state. The goal is to cut planet-warming emissions from the airline industry. Wednesday’s announcement comes as some say the state is not doing enough to address the health

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Fourth mass coral bleaching prompts UN emergency session at Colombia biodiversity summit

Associated Press CALI, Colombia (AP) — The United Nations, scientists and governments made an urgent call Wednesday for increased funding to protect coral reefs under threat of extinction. Research this year shows that 77% of the world’s reefs are affected by bleaching, mainly due to warming ocean waters amid human-caused climate change. It’s the largest

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Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it

AP Technology Writer Microsoft on Wednesday reported its quarterly sales grew 16% to $65.6 billion as the company sought to assure investors its huge spending on artificial intelligence is paying off. The company has spent billions of dollars to expand its global network of data centers and other physical infrastructure required to develop AI technology

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Argentina’s president fires his foreign minister after vote in favor of ending US embargo on Cuba

BUENOS AIRES, Argentina (AP) — Argentina’s President Javier Milei has dismissed his foreign minister hours after the country voted against the U.S. economic embargo of Cuba at the U.N. Argentine Foreign Minister Diana Mondino was replaced by the current Argentina’s ambassador to the U.S., Gerardo Werthein, Milei’s spokesman Manuel Adorni announced on his X account.

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