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Ticker: Ex-OpenAI worker allegedly tried to flee

Federal prosecutors say a former OpenAI engineer secretly installed a recording device in a conference room to gather company details. The Saudi national was reportedly close to fleeing to Saudi Arabia. Abdulrahman Alfozan’s wife and son left the U.S. after his arrest, with tickets paid for by a Saudi military official. China’s economy accelerated in quarter China says its economy grew 4.5% for the July-September quarter from a year ago. That moves the country closer to meeting its annual growth target as the year nears its end. The better-than-expected official data issued ...

Where’s the beef? Rising meat costs join debate ahead of midterm elections

In the midterm elections, meat is on the menu. As Democrats and Republicans argue over high prices and the Iran war, they also are having a food fight over who is the most red-blooded carnivore. The latest example came this week in Mississippi, where Democratic U.S. Senate candidate Scott ...

Workplace — Oct. 17-18

New hires and promotions Gary Seiber has been appointed as the next Chief Executive Officer of Kish Insurance, the property and casualty insurance subsidiary of Kish Bank. Seiber will succeed Jeff Wilson, current CEO of Kish Insurance, as part of a planned leadership transition leading up to Wilson’s intended retirement in 2027. Seiber is an accomplished insurance executive and sales leader specializing in commercial insurance, with a track record of achieving sustained double-digit organic revenue growth. Most recently, he served as First Vice President, Commercial Insurance ...

US markets weighed down by an extended tech sell-off

A broad sell-off in technology companies pulled stocks lower on Wall Street Friday, capping off the market’s worst week since late June. The S&P 500 fell 1.1%. Its roughly 2% drop for the week wiped out its gains from last week, when it set an all-time high. The Nasdaq composite, which is ...

Chipmaker TSMC explores US expansion

HONG KONG — Taiwan Semiconductor Manufacturing Co. is exploring potential investments in Texas to expand its chip production in the United States, the advanced chipmaker said after posting another record profit on strong artificial intelligence demand. TSMC said during an earnings ...

CD rates — Oct. 17-18

Rates as of Thursday Time Int. Yield Altoona First 3M 0.15 0.15 6M 0.10 0.10 7M 3.97 4.00 12M 0.15 0.15 13M 4.00 4.00 18M 0.20 0.20 24M 0.40 0.40 25M 3.70 3.70 30M 0.40 0.40 33M 2.50 2.50 36M 0.45 0.45 48M 0.45 0.45 60M 2.75 2.75 814-943-5411 Hometown Bank 6M 4.02 4.02 12M 0.25 0.25 13M 4.07 4.07 24M 0.35 0.35 25M 4.14 4.17 36M 3.00 3.04 48M 0.50 0.50 60M 0.60 0.60 61M 1.80 1.81 814-623-6093 Huntingdon Savings ...