Author: potus

NEW ORLEANS (AP) — The Supreme Court announced Monday it will hear an appeal from Chevron, Exxon and other oil and gas companies that lawsuits seeking compensation for coastal land loss and environmental degradation in Louisiana should be heard in federal court. The companies are appealing a 2024 decision by a federal appeals court that kept the lawsuits in state courts, allowing them to move to trial after more than a decade in limbo.A southeast Louisiana jury then ordered Chevron to pay upwards of $740 million to clean up damage to the state’s coastline. The verdict reached in April was…

As health care workers retire and patients face avoidable delays, Louisiana has launched a scalable strategy to rebuild its workforce. The Health Care Employment Reinvestment Opportunity Fund brings health care employers and educators together to expand training capacity, improve graduation rates, and grow health care career opportunities.In April, the Louisiana Department of Health announced nearly $7 million in matching HERO Fund grants to train 800 additional high-demand health care professionals, with a nearly $30 million annual economic impact from those new jobs.”Nationwide, and especially here in Louisiana, we are facing serious health care workforce shortages,” said LDH Undersecretary Drew Maranto.…

Thomas Kurian, CEO of Google Cloud, speaks at a cloud-computing conference held by the company in 2019.Michael Short | Bloomberg | Getty ImagesGoogle apologized for a major outage that the company said was caused by multiple layers of flawed recent updates.The company released an incident report late on Friday that explained hours of downtime on Thursday. More than 70 Google cloud services stopped working properly across the globe, knocking down or disrupting dozens of third-party services, including Cloudflare, OpenAI and Shopify. Gmail, Google Calendar, Google Drive, Google Meet and other first-party products also malfunctioned.”We deeply apologize for the impact this…

AMD CEO Lisa Su unveils the AMD vision for Advancing Al.Courtesy: AMDShares of Advanced Micro Devices rose nearly 10% on Monday after analysts at Piper Sandler lifted their price target on the stock on optimism about the chipmaker’s latest product announcement.The analysts said they see a snapback for AMD’s graphics processing units, or GPUs, in the fourth quarter. That’s when they expect the chipmaker to be through the bulk of the $800 million in charges that AMD said it would incur as a result of a new U.S. license requirement that applies to exports of semiconductors to China and other…

A United Launch Alliance Atlas V rocket is shown on its launch pad carrying Amazon’s Project Kuiper internet network satellites as the vehicle is prepared for launch at the Cape Canaveral Space Force Station in Cape Canaveral, Florida, U.S., April 28, 2025. Steve Nesius | ReutersUnited Launch Alliance on Monday was forced to delay the second flight carrying a batch of Amazon’s Project Kuiper internet satellites because of a problem with the rocket booster.With roughly 30 minutes left in the countdown, ULA announced it was scrubbing the launch due to an issue with “an elevated purge temperature” within its Atlas…

Justin Sun, founder of blockchain platform Tron, poses for a photograph in Hong Kong, May 8, 2020.Calvin Sit | Bloomberg | Getty ImagesJustin Sun’s crypto company Tron is set to hit the public market through a reverse merger with a manufacturer of custom toys and souvenirs for the world’s biggest theme parks.SRM Entertainment, a Nasdaq-listed merchandise supplier that has licensing deals with Disney, Universal Studios (owned by CNBC parent NBC Universal) and SeaWorld, said on Monday that it will raise $100 million from a private investor to buy TRON tokens, and will issue preferred shares and warrants that value the…

(The Center Square) – Payments eclipsing $1 million will go to 40 counties as part of North Carolina’s $145.4 million share of the $7.4 billion settlement with the company and family behind OxyContin.All 50 states, the District of Columbia and four American territories are part of the settlement against Purdue Pharma led by the Sackler families. The families can no longer own, make, sell or market opioids in the United States, the settlement says.Dalton Barrett, Community Paramedic Program officer for Edgecombe County Emergency Services, said in a statement from the attorney general’s office, “In Edgecombe County, we’ve seen the pain…

(The Center Square) – The U.S. Supreme Court ordered New York on Monday to reconsider its requirements for religious organizations to pay for medical abortions as a part of employer insurance.“Today is a win for nuns in New York who are challenging having to pay for abortions,” said Lori Windham, senior counsel at the nonprofit Becket Fund for Religious Liberty.Plaintiffs in Roman Catholic Diocese of Albany v. Harris argues that New York’s requirements “violate the constitution’s ‘fundamental’ requirement of ‘neutrality between religion and religion’” according to a petition by Becket Fund lawyers.In 2017, New York required all employers to cover…

The Center Square) – U.S. consumers could soon see higher prices at the gas pump even as Iran looks to de-escalate its military conflict with Israel. Israel launched preemptive airstrikes in the heart of Iran last week and attacks have continued. Oil prices jumped 8% on the news last Thursday and remain elevated. That could quickly translate into higher prices for U.S. motorists, said Patrick DeHaan, head of petroleum analysis at GasBuddy, which provides retail fuel pricing data.”There’s still an increased cost that many stations have been paying as they resupply their underground storage tanks,” he told The Center Square. “So…

(The Center Square) – Pennsylvania is closing another chapter in its quest to provide justice for millions of victims of the opioid epidemic.Attorney General Dave Sunday announced Monday that, along with 54 other attorneys general, a settlement has been reached with the Sackler families and their company Purdue Pharma for $7.4 billion.The commonwealth stands to get as much as $200 million from the settlement, which also revokes ownership of Purdue from the Sacklers and bars them from future opioid sales within the United States. The final financial resolution will be determined by localities signing off on the settlement, which will be…