Trump Administration Vying to Own a Big Stake in Intel After Softbank’s $2 Billion Bet on Company

SAN FRANCISCO (AP) — U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley pioneer Intel in an unusual deal that would deepen the Trump administration’s financial ties with major computer chip manufacturers and punctuate a dramatic about-face from the president’s recent push to oust…MORE

Oklahoma Ideology Test for Teachers From New York and California Draws Criticism

Oklahoma will require applicants for teaching jobs from California and New York to pass an exam that the state’s top education official says is designed to safeguard against “radical leftist ideology.” Opponents decry the exam as a “MAGA loyalty test.” Ryan Walters, the state public schools superintendent, said Monday that any teacher coming from the…MORE

Home Depot’s Sales Improve as Customers Stay Focused on Smaller Projects

Home Depot’s sales improved during its fiscal second quarter as consumers remained focused on smaller projects amid cost concerns, but its performance missed Wall Street’s expectations. Revenue for the three months ended August 3 climbed to $45.28 billion from $43.18 billion, but fell short of the $45.41 billion that analysts polled by FactSet were looking…MORE

Air Canada Reaches Deal With Flight Attendant Union to End Strike as Operations Will Slowly Restart

TORONTO (AP) — Air Canada has reached an agreement with the union representing 10,000 flight attendants to end a strike. The union first announced the agreement early on Tuesday after talks resumed late the night before. The strike, which began over the weekend, affected about 130,000 travelers daily during the peak summer travel season. Flights…MORE

Minnesota Sues Tik-Tok, Alleging It Preys on Young People With Addictive Algorithms

ST. PAUL, Minn. (AP) — Minnesota has joined a wave of states suing TikTok, claiming the app uses addictive algorithms that harm young people’s mental health. The lawsuit, filed Tuesday, alleges TikTok violates state laws against deceptive trade practices and consumer fraud. Minnesota Attorney General Keith Ellison accuses TikTok of knowing the dangers but failing…MORE