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Ticker: Falling tech stocks hit Wall Street

Sharp drops hit Wall Street as technology stocks sank and bitcoin plunged again to roughly half its record price set in the fall. Several discouraging reports on the U.S. job market also knocked down yields in the bond market on Thursday. The S&P 500 fell 1.2% for its sixth loss in the seven days since it set an all-time high. The Dow Jones Industrial Average dropped 1.2%, and the Nasdaq composite sank 1.6%. Amazon’s shares fall, but posts strong 4Q sales Amazon sales surged 14% during the fourth quarter, helped by strong holiday spending and a better-than-expected growth in its ...

Briefcase: Sheetz raises $2.4M for kids

Sheetz announced that Sheetz For the Kidz, its employee-driven charity supporting underprivileged children, raised more than $2.4 million for local children in need in 2025, surpassing totals from previous years. This total amount includes a record-breaking $1.1 million raised in December alone. During July and December of last year, Sheetz customers were invited to support Sheetz For the Kidz by donating at checkout in Sheetz’s 800-plus stores, either through in-store donation boxes or by adding a contribution at the point of sale. These funds helped provide clothing, toys, and other ...

‘Rent now, pay later’ services rise despite fees

NEW YORK — Rent can eat up an entire paycheck at the start of the month, so a growing number of renters are turning to a financial product that promises relief by letting them split the bill — for a price. So-called “rent now, pay later” services have emerged over the past few years as housing costs climb and paychecks grow less predictable, particularly for lower-income and gig-economy workers. According to the Bureau of Labor Statistics, rents have jumped nearly 28% in past five years. Companies such as Flex, Livble and, more recently, Affirm, say breaking rent into multiple ...

China to ban hidden car door handles

HONG KONG — China will ban hidden door handles on cars, commonly used on Tesla's electric vehicles and many other EV models, starting next year. All car doors must include a mechanical release function for handles, except for the tailgate, according to details released by China's Ministry of Industry and Information Technology on Monday. Officials said the policy aims to address safety concerns after fatal EV accidents where electronic doors reportedly failed to operate and trapped passengers inside vehicles. The new requirement for both internal and external door handles will take ...

Ticker: Musk vows to put data centers in space

Elon Musk is bringing the same revolutionary thinking that helped him upend the car industry to the data center business with promises this week to put up to a million new satellites in the sky. But it won’t be easy. Experts say it’s not clear how Musk will keep these orbiting AI supercomputers from overheating, fix glitches on gear in the sky, and stop space debris from punching a hole in his ambitious plans. To help him reach his goals, Musk combined SpaceX with his AI business on Monday and is planning massive IPO later in the year. Google results show company getting ...