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DeepMind Alum Wants to Use AI to Speed the Development of Green Materials
DeepMind Alum Wants to Use AI to Speed the Development of Green Materials
Ever since ChatGPT went viral last fall, companies have touted many ways artificial intelligence can make our lives
2023-06-30 23:27
France targets 16 billion euros in savings next year, trims growth outlook
France targets 16 billion euros in savings next year, trims growth outlook
By Leigh Thomas PARIS The French government aims to squeeze 16 billion euros ($17 billion) in savings from
2023-09-15 03:47
US tightens curbs on AI chip exports to China
US tightens curbs on AI chip exports to China
The United States on Tuesday said it was tightening curbs on exports of state-of-the-art AI chips to China, sending the share price of Nvidia and other...
2023-10-18 01:21
Pinterest is embracing body inclusivity in its search results
Pinterest is embracing body inclusivity in its search results
Pinterest on Thursday said it has harnessed AI to develop technology that would deliver greater representation of diverse body types in its search results. Using shape, size and form to identify body types in images, the new body-type technology lets people search results that show bodies like their own, including plus sizes, via the algorithm.
2023-09-08 03:20
Down market? Years of soaring prices, limited home sale inventory drive profits for sellers
Down market? Years of soaring prices, limited home sale inventory drive profits for sellers
Despite a housing slump going back more than a year, soaring home prices in recent years and a stubborn shortage of properties on the market are helping to drive solid profit gains for sellers
2023-10-20 20:15
UK Retail Sales Post Surprise Fall as Britons Feel the Pinch
UK Retail Sales Post Surprise Fall as Britons Feel the Pinch
UK retail sales fell unexpectedly in October, adding to the impression that a string of interest-rate hikes designed
2023-11-17 16:15
BP commits to Germany with $11 billion low-carbon investment push
BP commits to Germany with $11 billion low-carbon investment push
By Christoph Steitz and Ron Bousso FRANKFURT/LONDON BP plans to invest up to 10 billion euros ($10.7 billion)
2023-09-13 12:26
Ahead of House debt ceiling vote, Biden shores up Democrats and McCarthy scrambles for GOP support
Ahead of House debt ceiling vote, Biden shores up Democrats and McCarthy scrambles for GOP support
Hard-fought to the end, the debt ceiling and budget cuts package is heading toward a crucial U.S. House vote as President Joe Biden and Speaker Kevin McCarthy assemble a coalition of centrist Democrats and Republicans to push it to passage over fierce blowback from conservatives and some progressive dissent. Biden is sending top White House officials to meet early Wednesday at the Capitol to shore up support ahead of voting. McCarthy is working furiously to sell skeptical fellow Republicans, even fending off challenges to his leadership, in the rush to avert a potentially disastrous U.S. default. Despite deep disappointment from right-flank Republicans that the compromise falls short of the spending cuts they demanded, McCarthy insisted he would have the votes needed to ensure approval. “We’re going to pass the bill,” McCarthy said as he exited a lengthy late Tuesday night meeting at the Capitol. Quick approval by the House and later in the week the Senate would ensure government checks will continue to go out to Social Security recipients, veterans and others, and prevent financial upheaval at home and abroad. Next Monday is when Treasury has said the U.S. would run short of money to pay its debts, risking an economically dangerous default. The package leaves few lawmakers fully satisfied, but Biden and McCarthy are counting on pulling majority support from the political center, a rarity in divided Washington, testing the leadership of the president and the Republican speaker. Overall, the 99-page bill restricts spending for the next two years, suspends the debt ceiling into January 2025 and changes policies, including new work requirements for older Americans receiving food aid and greenlighting a controversial Appalachian natural gas line that many Democrats oppose. For more than two hours late Tuesday as aides wheeled in pizza at the Capitol, McCarthy walked Republicans through the details, fielded questions and encouraged them not to lose sight of the bill’s budget savings. The speaker faced a sometimes tough crowd. Leaders of the hard-right House Freedom Caucus spent the day lambasting the compromise as falling well short of the spending cuts they demand, and they vowed to try to halt passage by Congress. “This deal fails, fails completely," Rep. Scott Perry, R-Pa., the chairman of the Freedom Caucus, said earlier in the day, flanked by others outside the Capitol. “We will do everything in our power to stop it.” A much larger conservative faction, the Republican Study Committee, declined to take a position. Even rank-and-file centrist conservatives were not sure, leaving McCarthy desperately hunting for votes. Rep. Nancy Mace, R-S.C., said after the “healthy debate” late into the night she was still a no. Ominously, the conservatives warned of potentially trying to oust McCarthy over the compromise. “There’s going to be a reckoning,” said Rep. Chip Roy of Texas. Biden was speaking directly to lawmakers, making more than 100 one-on-one calls, the White House said. The nonpartisan Congressional Budget Office said the spending restrictions in the package would reduce deficits by $1.5 trillion over the decade, a top goal for the Republicans trying to curb the debt load. McCarthy told lawmakers that number was higher if the two-year spending caps were extended, which is no guarantee. But in a surprise that could further erode Republican support, the GOP's drive to impose work requirements on older Americans receiving food stamps ends up boosting spending by $2.1 billion over the time period. That's because the final deal exempted veterans and homeless people, expanding the food stamp rolls by some 78,000 people monthly, the CBO said. House Democratic leader Hakeem Jeffries said it was up to McCarthy to turn out votes from some two-thirds of the Republican majority, a high bar the speaker may not be able to reach. Some 218 votes are needed for passage in the 435-member House. Still, Jeffries said the Democrats would do their part to avoid failure. “It is my expectation that House Republicans would keep their promise and deliver at least 150 votes as it relates to an agreement that they themselves negotiated,” Jeffries said. “Democrats will make sure that the country does not default.” Liberal Democrats decried the new work requirements for older Americans, those 50-54, in the food aid program. And some Democratic lawmakers were leading an effort to remove the surprise provision for the Mountain Valley Pipeline natural gas project. The energy development is important to Sen. Joe Manchin, D-W.Va., but many others oppose it as unhelpful in fighting climate change. The top Democrat on the House Natural Resources Committee, Rep. Raul Grijalva of Arizona, said including the pipeline provision was “disturbing and profoundly disappointing.” Rep. Pramila Jayapal, D-Wash., chair of the Congressional Progressive Caucus, had this warning for McCarthy: “He got us here, and it’s on him to deliver the votes." Wall Street was taking a wait-and-see approach. Stock prices were mixed in Tuesday's trading. U.S. markets had been closed when the deal was struck over the weekend. The House aims to vote Wednesday and send the bill to the Senate, where Democratic Majority Leader Chuck Schumer and Senate Republican leader McConnell are working for passage by week's end. Schumer called the bill a “sensible compromise.” McConnell said McCarthy “deserves our thanks.” Senators, who have remained largely on the sidelines during much of the negotiations between the president and the House speaker, began inserting themselves more forcefully into the debate. Some senators are insisting on amendments to reshape the package from both the left and right flanks. But making any changes to the package at this stage seemed unlikely with so little time to spare before Monday's deadline. ___ Associated Press writers Farnoush Amiri, Mary Clare Jalonick and Seung Min Kim contributed to this report. Read More Ukraine war’s heaviest fight rages in east - follow live Charity boss speaks out over ‘traumatic’ encounter with royal aide Changes to food aid in debt bill would cost money, far from savings GOP envisioned GOP chairman moves to hold FBI director Wray in contempt over Biden doc Debt limit agreement clears first hurdle. Here’s what happens next
2023-05-31 12:53
US judge temporarily suspends six creditors from joining Citgo auction
US judge temporarily suspends six creditors from joining Citgo auction
By Marianna Parraga HOUSTON A U.S. court of appeals has granted Venezuela a temporary stay preventing six companies
2023-05-09 04:47
Build passive income with this discounted online business bundle
Build passive income with this discounted online business bundle
TL;DR: The 2023 Build a Passive Income Online Business from Scratch Bundle is on sale
2023-05-10 12:19
Lower production in Europe hits global steel output
Lower production in Europe hits global steel output
LONDON Global crude steel production fell 1.1% year on year to 943.9 million metric tons in the first
2023-07-26 00:56
EPA delays new ozone pollution standards until after 2024 election
EPA delays new ozone pollution standards until after 2024 election
The Environmental Protection Agency is delaying plans to tighten air quality standards for ground-level ozone — better known as smog — despite a recommendation by a scientific advisory panel to lower air pollution limits to protect public health
2023-09-06 12:29