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Battle of the family SUVs: Hyundai Palisade vs Kia Telluride

The Kia Telluride and Hyundai Palisade have been among Edmunds’ favorite three-row SUVs for many years now. They boast roomy seating, classy designs, a generous number of features, and pricing that can potentially undercut the competition by thousands of dollars. But the “Telluride or ...

Meta settles social media addiction case brought by rural Kentucky school district

Social media companies including Meta have settled the first of many lawsuits brought by hundreds of school districts seeking compensation for costs they say they incurred dealing with harms to children’s mental health from social media addiction. The lawsuit brought by a small, rural Kentucky school district was set to go to trial next month in federal court in Oakland, California. The judge and the parties selected it as a bellwether case — essentially a test for both sides to see how their arguments play out before a jury — out of 1,200 similar cases. The settlement only ...

Canadian regulator triples US streamers’ financial contributions to Canadian content

OTTAWA, Ontario (AP) — Large online streaming services must contribute 15% of their Canadian revenues to Canadian content, the country’s federal broadcast regulator said Thursday. That figure is three times the 5% initial contribution requirement the Canadian Radio-Television and Telecommunications Commission, CRTC, set out in 2024, which is being challenged in court by U.S.-based major streamers, including Apple, Amazon and Spotify. The CRTC made the decision as part of its implementation of the Online Streaming Act, which the U.S. has identified as a trade irritant ahead of trade ...

Canadian regulator triples US streamers’ financial contributions to Canadian content

OTTAWA, Ontario (AP) — Large online streaming services must contribute 15% of their Canadian revenues to Canadian content, the country’s federal broadcast regulator said Thursday. That figure is three times the 5% initial contribution requirement the Canadian Radio-Television and Telecommunications Commission, CRTC, set out in 2024, which is being challenged in court by U.S.-based major streamers, including Apple, Amazon and Spotify. The CRTC made the decision as part of its implementation of the Online Streaming Act, which the U.S. has identified as a trade irritant ahead of trade ...

US stocks rally after pressure eases from the bond market and oil prices fall

NEW YORK (AP) — The U.S. stock market bounced back Wednesday after pressure eased on Wall Street from the bond market and oil prices gave back some of their big gains. The S&P 500 climbed 1.1% for its first rise in four days and pulled closer to its all-time high set last week. The Dow Jones Industrial Average added 645 points, or 1.3%, and the Nasdaq composite rallied 1.5%. Stocks got a lift from easing yields in the bond market, which offered relief following rapid climbs that had rattled stock markets worldwide recently. The yield on the 10-year Treasury fell to 4.57% from 4.67% ...

Nvidia Q1 results surpass expectations thanks to AI chip demand

Artificial intelligence chipmaker Nvidia’s quarterly results surpassed Wall Street’s expectations once again, fueled by massive demand for its high-end AI chips. The company said Wednesday it earned $58.32 billion, or $2.39 per share, in the February-April period, up from $18.78 billion, or 76 cents per share, in the same period a year earlier. Excluding one-time items, Nvidia earned $1.76 per share. Revenue jumped 85% to $81.62 billion from $44.01 billion. Analysts, on average, were expecting earnings of $1.75 per share and revenue of $78.91 billion, according to a poll by ...