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Nvidia Becomes First Company Ever to Cross $5 Trillion Market Cap

By Andrew Moran Shares of chip titan Nvidia jumped about 5 percent on Oct. 29, making it the first company to achieve a $5 trillion market cap milestone. The latest accomplishment for the tech giant reflects the company’s meteoric ascent in recent years amid the wider artificial intelligence-fueled boom in global financial markets. Nvidia’s recent…

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Republican Talk of Changing Filibuster to End Shutdown Ebbs

By Nathan Worcester WASHINGTON—Amid a long-running shutdown, Senate Majority Leader John Thune (R-S.D.) has consistently defended the filibuster. That center has so far held. A Republican-backed continuing resolution has failed to net the 60 votes needed to avert a filibuster, prompting some Republicans to flirt with the idea of altering it—a move last pursued by…

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Hurricane Melissa Makes Landfall in Jamaica as Category 5

By T. J. Muscaro One of the most powerful hurricane landfalls ever recorded in the Atlantic basin just happened in Jamaica, according to the National Hurricane Center. Hurricane Melissa made landfall in southwest Jamaica near New Hope around 1 p.m. ET on Oct. 28, as a catastrophic Category 5 hurricane, boasting maximum sustained winds of…

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OpenAI Must Face Copyright Infringement Claim From Authors, Court Rules

By Naveen Athrappully OpenAI must face allegations of copyright infringement made by authors in a consolidated class action lawsuit, District Judge Sidney H. Stein of the U.S. District Court for the Southern District of New York said in an Oct. 27 order. In the June 13 consolidated complaint, the plaintiffs—writers who own copyrights for various…

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Microsoft Sued for Allegedly Misleading Millions of Aussies to Pay for Pricier Subscriptions

By Alfred Bui Australia’s consumer watchdog has taken Microsoft to court, accusing the tech giant of misleading nearly three million customers over recent price increases to its office software. On Oct. 27, the Australian Competition and Consumer Commission (ACCC) announced that it has filed a lawsuit in the Federal Court against Microsoft Australia and its…

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ExxonMobil Sues California Over Climate Regulations

By Naveen Athrappully Energy giant ExxonMobil filed a lawsuit on Oct. 24 against California officials—including Lauren Sanchez, chair of the California Air Resources Board, and Attorney General Robert A. Bonta—accusing the state’s climate disclosure regulations of harming the company. The complaint, filed in the District Court for the Eastern District of California, is about two…

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Hurricane Melissa Could Hit Jamaica as a Category 5

By T. J. Muscaro Hurricane Melissa could become a Category 5 hurricane just before it makes landfall in Jamaica on the evening of Oct. 27 or the morning of Oct. 28, the National Hurricane Center said. The storm was still a Category 4 hurricane as of 5 p.m. ET on Oct. 26, boasting maximum sustained…

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