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Giant Chile mines are struggling just as world needs more copper

UPDATED: Fri., March 31, 2023

Mines in the biggest copper-producing nation are struggling just as demand for the wiring metal is expected to accelerate in the shift away from fossil fuels.

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Ford invests in Indonesian nickel-processing project to lock up goods

UPDATED: Fri., March 31, 2023

Ford Motor Co. is partnering with mining companies from Indonesia and China to invest in a nickel-processing project as part of the Dearborn, Michigan, automaker's bid to shore up supplies of key raw materials for electric-vehicle batteries.

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Microsoft’s push to squeeze all it can from the last of its climate fund

UPDATED: Fri., March 31, 2023

When Microsoft launched its $1 billion Climate Innovation Fund three years ago, it was the lone tech giant pledging serious money to tackle rising temperatures. The dangers facing the planet have since become more acute, and the fund has about $400 million left.

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U.S. Justice Department sues Norfolk Southern over Ohio derailment

UPDATED: Fri., March 31, 2023

The U.S. Department of Justice has filed a lawsuit against Atlanta-based Norfolk Southern, alleging its Feb. 3 derailment in Ohio unlawfully polluted waterways.

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Japan tightens chip gear exports as U.S. seeks to contain China

UPDATED: Fri., March 31, 2023

Japan said it will expand restrictions on exports of 23 types of leading-edge chipmaking technology, as the U.S. ratchets up efforts to limit China's access to key semiconductor know-how.

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New rules will make many electric cars ineligible for tax credits

UPDATED: Fri., March 31, 2023

The Biden administration on Friday released new rules that will significantly shorten the list of electric vehicles that qualify for federal tax credits. Officials hope the change will push carmakers to move their supply chains out of China and to the United States or its allies.

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Fed’s preferred inflation gauge cooled notably in February

UPDATED: Fri., March 31, 2023

The measure of inflation most closely watched by the Federal Reserve slowed substantially in February, an encouraging sign for policymakers as they consider whether to raise interest rates further to slow the economy and bring price increases under control.

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Bed Bath warns of bankruptcy risk in $300 million stock offering

Fri., March 31, 2023

Reeling from a collapse in its stock price and at the mercy of Wall Street banks, Bed Bath & Beyond warned it will likely go bankrupt if a last-gasp $300 million equity offering fails.

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Virgin Orbit ceases operations after failing to find funding

UPDATED: Fri., March 31, 2023

Virgin Orbit Holdings Inc., the satellite-launch company tied to British billionaire Richard Branson, is ceasing operations indefinitely, succumbing to growing cash-crunch pressures that have paralyzed startups in many emerging technologies.

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A last-minute guide to filing your 2022 return: EV credits, shrinking refunds and the end of pandemic tax relief

UPDATED: Fri., March 31, 2023

With weeks to go before the April 18 deadline, the majority of the nation’s 168 million tax filers are once again scrambling to download software, organize receipts and call their accountants for last-minute help.

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Visit Spokane hires Illinois tourism executive Rose Noble as new CEO

UPDATED: Thu., March 30, 2023

Visit Spokane announced Thursday it has hired Rose Noble to be the next CEO of the Lilac City's destination marketing organization.

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Chef: Morsel by Rind and Wheat closing on lower South Hill because of safety concerns

UPDATED: Thu., March 30, 2023

Spokane chef Ricky Webster has decided to close what had been a second location for his popular Rind and Wheat bakery after less than a year in operation.

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OpenAI targeted in FTC complaint urging halt of GPT rollouts

UPDATED: Thu., March 30, 2023

A prominent tech ethics group filed a complaint on Thursday with the U.S. Federal Trade Commission urging the regulator to halt further commercial deployment of new generations of artificial intelligence technology that powers the popular OpenAI tool ChatGPT.

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Sam Bankman-Fried pleads not guilty to additional set of charges

UPDATED: Thu., March 30, 2023

Disgraced cryptocurrency executive Sam Bankman-Fried pleaded not guilty Thursday to an array of criminal charges, including new accusations that he committed bank fraud and bribed a foreign official.

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Venture firms see $212 billion opportunity in online returns

UPDATED: Thu., March 30, 2023

Despite the massive waste and losses, retailers have long seen returns as a cost of doing business. Now, with companies looking to cut expenses as the pandemic-era shopping boom fizzles out, start-ups with names like Loop Returns and Two Boxes have emerged promising to help retailers make the returns process more efficient – and even profitable.

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Making money in government health care is about to get harder

UPDATED: Thu., March 30, 2023

The soaring profits that U.S. health insurers have enjoyed in recent years from fast-growing government programs are at risk of stalling.

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Musk’s Twitter antics keep some advertisers away, curbing sales

UPDATED: Thu., March 30, 2023

In the weeks after Elon Musk acquired Twitter, hundreds of advertisers paused spending on the platform, wary of the changes the mercurial billionaire might bring to the social media platform. Months later, many still haven't returned, despite efforts by Twitter's sales team to woo them back with steep discounts and new safety tools.

News > Business

Sugar getting even pricier poses threat to food inflation

UPDATED: Thu., March 30, 2023

Sugar, consumed in everything from chocolate to fizzy drinks and baked products, is becoming ever more expensive, raising costs for the industry and keeping up pressure on global food inflation.

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Apple sets June 5 WWDC, where it plans mixed-reality headset debut

Thu., March 30, 2023

Apple set a June 5 date for the event where it plans to unveil a mixed-reality headset, the first major new product since its smartwatch debuted eight years ago.

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Spokane hosting world junior badminton championship this fall

UPDATED: Wed., March 29, 2023

Spokane has been selected to host the 2023 Badminton World Federation Junior Championships this fall at the Podium Powered by STCU.

Featured Stories

U.S. Justice Department sues Norfolk Southern over Ohio derailment

Latest Stories

Giant Chile mines are struggling just as world needs more copper

Ford invests in Indonesian nickel-processing project to lock up goods

Microsoft’s push to squeeze all it can from the last of its climate fund

U.S. Justice Department sues Norfolk Southern over Ohio derailment

Japan tightens chip gear exports as U.S. seeks to contain China

New rules will make many electric cars ineligible for tax credits

Fed’s preferred inflation gauge cooled notably in February

Bed Bath warns of bankruptcy risk in $300 million stock offering

Virgin Orbit ceases operations after failing to find funding

A last-minute guide to filing your 2022 return: EV credits, shrinking refunds and the end of pandemic tax relief

Visit Spokane hires Illinois tourism executive Rose Noble as new CEO

Chef: Morsel by Rind and Wheat closing on lower South Hill because of safety concerns

OpenAI targeted in FTC complaint urging halt of GPT rollouts

Sam Bankman-Fried pleads not guilty to additional set of charges

Venture firms see $212 billion opportunity in online returns

Making money in government health care is about to get harder

Musk’s Twitter antics keep some advertisers away, curbing sales

Sugar getting even pricier poses threat to food inflation

Apple sets June 5 WWDC, where it plans mixed-reality headset debut

Spokane hosting world junior badminton championship this fall

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