business

Average US Gas Price Is Now $ 4.60, With Many Regions Paying Way More

Gas prices at a Chevron station in San Rafael, CA, on May 20th, 2022.Photo: Justin Sullivan (Getty Images) We’ve hit another unfortunate milestone as gas prices continue their never ending march to insanity. The average price for a gallon of regular gas is now $ 4.60 per gallon across the US That, needless to say, …

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The formula market needs more producers but newcomers face enormous hurdles

The formula shortage has exposed an inflexible industry dominated by just three to four large players that own a majority of formula production in the United States. There’s little wiggle room when one plant abruptly shuts down, as Abbott Nutrition’s plant in Sturgis, Michigan, did in February after a bacterial contamination. By May, stores were …

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Tom Still: Business plan contest finalists capture range of ideas in Wisconsin | Business News

From three plans for cleaning large amounts of water to a nutraceutical to keep your dog from itching, and from medical science breakthroughs to novel ways to employ artificial intelligence, virtual reality and software, the “Diligent Dozen” in the 2022 Wisconsin Governor’s Business Plan Contest represent a cross-section of tech innovation in Wisconsin. Make that …

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Elon Musk slams Apple’s App Store fees as ‘30% tax on the Internet ‘

Elon Musk slammed Apple’s widely scrutinized practice of taking a 30% slice of revenue from transactions within its App Store on Monday – asserting that the fee was “definitely not ok.” The Tesla CEO raised his concerns in response to detailing a complaint from European regulators who say Apple “abused” its leading market position to …

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Nvidia’s data-center sales are likely to eclipse gaming – that might not be a good thing

Nvidia Corp.’s data-center sales are expected to edge out its gaming sales in fiscal first-quarter results, as demand from server farms remains high and gaming interest has subsided from rabid levels earlier in the COVID-19 pandemic. Nvidia NVDA, -2.51% is scheduled to report financial results after the closing bell on Wednesday. Analysts surveyed by FactSet …

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Few details provided on Cox internet outage in southwest Roanoke city and county | Local News

Cox Communications customers in sections of southwest Roanoke and Roanoke County felt the impact of a sporadic yet apparently widespread internet outage on Tuesday afternoon and into the evening. Residential and commercial customers lost connectivity and one local health care provider had to power up a backup system. Cox said the outage occurred after damage …

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Melvin Capital clients smoke at founder Gabe Plotkin

Melvin Capital said it is finally shutting down after getting clobbered by Reddit investors last year – and now clients are doubly angry because its founder Gabe Plotkin is still charging them fees, The Post has learned. Plotkin – whose massive short positions in “meme stocks” like GameStop made him a surprise punching bag for …

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NHTSA investigates Tesla crash that killed three

Washington, DC CNN Business – The National Highway Traffic Safety Administration said Wednesday that it is investigating a Tesla crash in Newport Beach, California, this month that killed three people in the vehicle and injured three construction workers. The NHTSA team that conducts in-depth crash investigations is examining the crash’s circumstances, including whether Tesla’s driver-assist …

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