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US stocks gain ground following 7 straight weeks of losses

May. 23, 2022 12:13 PM EDT

NEW YORK (AP) — Stocks rallied in afternoon trading on Wall Street Monday following seven weeks of declines that nearly ended the bull market that began in March 2020. The S&P 500 rose 1.8% as of 12:01 p.m. Eastern. The Dow Jones Industrial Average rose 667 points, or 2.1%, to...

78,000 pounds of infant formula arrives in US

May. 23, 2022 01:57 AM EDT

INDIANAPOLIS (AP) — A military plane carrying enough specialty infant formula for more than half a million baby bottles arrived Sunday in Indianapolis, the first of several flights expected from Europe aimed at relieving a shortage that has sent parents scrambling to find enough to feed their...

Some Jif peanut butter products linked to salmonella cases

May. 21, 2022 17:28 PM EDT

WASHINGTON (AP) — Consumers should double-check their jars of Jif peanut butter amid a recall, the Food and Drug Administration and the Centers for Disease Control and Prevention say. Jif's creamy, crunchy, natural and reduced fat peanut butters have been linked to a salmonella...

Microsoft’s TechSpark project to expand tech in Mississippi

May. 21, 2022 01:05 AM EDT

JACKSON, Miss. (AP) — Long Beach native and Jackson resident JJ Townsend will spearhead a new effort in Mississippi by Microsoft called TechSpark. The program is part of an effort to expand technology education and business development in regions like Mississippi that are short on...

Veteran Miami DEA agents charged in bribery conspiracy

May. 20, 2022 15:38 PM EDT

A current U.S. Drug Enforcement Administration agent and a former supervisor in the agency were charged Friday with leaking confidential law enforcement information to defense lawyers in Miami in exchange for $70,000 in cash. A five-count indictment unsealed in New York charges the...

Canada bans China’s Huawei Technologies from 5G networks

May. 20, 2022 00:06 AM EDT

TORONTO (AP) — Wireless carriers in Canada won’t be allowed to install Huawei equipment in their high-speed 5G networks, the Canadian government said Thursday, joining allies in banning the giant Chinese technology company. Canada had been the only member of the Five Eyes...

Kidd, rekindled Mavs on familiar turf down 1-0 at Warriors

May. 19, 2022 16:17 PM EDT

Jason Kidd has been here before in his first season as coach of the Mavericks, down 1-0 in a third consecutive NBA playoff series. The Bay Area native is looking for another bounce-back from Luka Doncic and company in his first trip to the conference finals as a coach, which just...

No more streaming-only debuts for Oscar hopefuls

May. 18, 2022 15:39 PM EDT

The Oscars are getting back to normal, eligibility-wise. After two years of pandemic-related adjustments, the Academy of Motion Picture Arts and Sciences said Wednesday that Oscar hopefuls will once again have to launch their films in movie theaters. Qualifying films are allowed to...

Japan OKs plan to release Fukushima nuclear plant wastewater

May. 18, 2022 04:24 AM EDT

TOKYO (AP) — Japan’s nuclear regulator on Wednesday approved plans by the operator of the wrecked Fukushima nuclear plant to release its treated radioactive wastewater into the sea next year, saying the outlined methods are safe and risks to the environment minimal. The plan was...

House Dems propose $28 million to address formula shortage

May. 17, 2022 17:50 PM EDT

WASHINGTON (AP) — House Democrats unveiled a $28 million emergency spending bill Tuesday to address the shortage of infant formula in the United States. Rep. Rosa DeLauro, the Democratic chair of the House Appropriations Committee, said the money would increase Food and Drug...