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Inflation's Silent Impact on American Family Businesses

Published by maggie@omahadai... on Tue, 06/11/2024 - 5:00am

MURRYSVILLE, Pennsylvania -- Seventy years after the Ferri family moved its grocery store from Turtle Creek to this Westmoreland County town, the family is calling it quits. The pressures of inflation and the unexpected closing of the Mainline Pharmacy, the independent pharmaceutical located inside their iconic structure, were the final two straws.

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For Some Rural Communities, A Stripped-Down Hospital Is Better Than None At All

Published by maggie@omahadai... on Tue, 06/11/2024 - 4:00am

Martin County General Hospital in Williamston, N.C., sits abandoned in April 2024 after being closed in August 2023. Hospital leaders are consulting with state and federal officials about the possibility of reopening it as a rural emergency hospital. It would be the first hospital in the country to shut down and then reopen under the rural emergency hospital designation.
(Karl B DeBlaker / The Associated Press)

On many days, some small hospitals in rural Mississippi admit just one patient — or none at all.

The hospitals are drowning in debt. The small, tight-knit communities they’ve anchored for decades can do little but watch as the hospitals shed services and staff just to stay afloat.

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Financiers Plan To Launch A Texas-Based Stock Exchange

Published by maggie@omahadai... on Tue, 06/11/2024 - 3:00am

DALLAS (AP) — A group of financial firms and investors is planning to launch a Texas-based private market stock exchange and offer traders an alternative to the New York Stock Exchange and Nasdaq.

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Farmworkers Face High-Risk Exposures To Bird Flu, But Testing Isn’t Reaching Them

Published by maggie@omahadai... on Tue, 06/11/2024 - 2:00am

Farmworkers face some of the most intense exposures to the bird flu virus, but advocates say many of them would lack resources to fall back on if they became ill.

So far, only two people in the United States have tested positive after being exposed to a wave of bird flu spreading among cows. Those people, dairy farm workers in Texas and Michigan, experienced eye irritation.

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One Tech Tip: Want To Turn Off Meta AI? You Can't — But There Are Some Workarounds

Published by maggie@omahadai... on Tue, 06/04/2024 - 6:00am

SAN FRANCISCO (AP) — If you use Facebook, WhatsApp or Instagram, you've probably noticed a new character pop up answering search queries or eagerly offering tidbits of information in your feeds, with varying degrees of accuracy.

It's Meta AI, and it's here to help, at least according to Meta Platforms' CEO Mark Zuckerberg, who calls it “the most intelligent AI assistant that you can freely use.”

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The Joyful, Relentless Resilience Of Media Renegade Nellie Bowles

Published by maggie@omahadai... on Tue, 06/04/2024 - 5:00am

PITTSBURGH -- It took 30 minutes and five seconds to read the introduction of "Morning After the Revolution," written by former New York Times reporter Nellie Bowles.

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Nebraska Urged To Become ‘Most Welcoming Place In America’ For Immigrants

Published by maggie@omahadai... on Tue, 06/04/2024 - 4:00am

(Courtesy of Nebraska Chamber Foundation)

LINCOLN — Nebraska business leaders are saying it’s “glaringly apparent” that the state won’t be able to meet its workforce needs without more immigrants, according to a consultant to the Nebraska Chamber Foundation.

The North Carolina-based Economic Leadership group was commissioned by the research arm of the Nebraska Chamber of Commerce and Industry to assess the state’s economic competitiveness.

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Free Direct Filing Of Federal Taxes May Be Offered Soon Throughout The U.S.

Published by maggie@omahadai... on Tue, 06/04/2024 - 3:00am

WASHINGTON — Taxpayers across the United States could be guaranteed a free public option to file federal tax returns online as the Internal Revenue Service announced plans Thursday to make its Direct File program permanent.

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ConocoPhillips Buying Marathon Oil For $17.1 Billion In All-Stock Deal As Energy Prices Rise

Published by maggie@omahadai... on Tue, 06/04/2024 - 2:00am

ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion as energy prices rise and big oil companies reap massive profits.

The deal is valued at $22.5 billion when including $5.4 billion in debt.

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Does The US Have A Planned Economy? You Might Be Surprised

Published by maggie@omahadai... on Tue, 06/04/2024 - 1:00am

During the Cold War, a heated debate arose over the role of economic planning. Did the “planned” economy of the USSR or the “free market” economy of the U.S. allocate resources more productively?

Arguments against planned economies centered on the limits of information processing, the feasibility of production forecasts and the inflexibility of centralized plans.