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Taiwan computer chipmaker TSMC's to expand investment as profit jumps 35%
HONG KONG (AP) — Taiwan-based TSMC, the world’s largest computer chipmaker, plans to increase its capital spending by as much as nearly 40% this year after it reported a 35% jump in its net profit for the latest quarter thanks to the boom in artificial intelligence, the company said Thursday.Taiwan Semiconductor Manufacturing Corp., a major supplier to companies including Nvidia and Apple, reported a net profit of 506 billion new Taiwan dollars ($16 billion) for the October-December quarter, a 35% surge from a year earlier, better than analysts’ estimates.
TSMC... Read More
Senators launch a cross-party effort to end stock trading by lawmakers
WASHINGTON (AP) — Two senators from opposite parties are joining forces in a renewed push to ban members of Congress from trading stocks, an effort that has broad public support but has repeatedly stalled on Capitol Hill.Democratic Sen. Kirsten Gillibrand of New York and Republican Sen. Ashley Moody of Florida on Thursday plan to introduce legislation, first shared with The Associated Press, that would bar lawmakers and their immediate family members from trading or owning individual stocks.
It's the latest in a flurry of proposals in the House and the Senate to... Read More
A community foundation raised $100 million after the LA fires. Here's what they learned spending it
When fires broke out across Los Angeles on Jan. 7, 2025, Miguel Santana grasped the magnitude of the catastrophe befalling his hometown sooner than most — he flew over the blazes, twice.Climbing above the LA basin on his way to a meeting in Sacramento, the California Community Foundation CEO watched flames engulf homes and hillsides in the Pacific Palisades as fierce winds shook the airplane cabin. Before he returned the next day, another fire began tearing through Altadena, 30 miles northeast of the Palisades.
“Flying over it really brought light to how serious... Read More
Rachel Goldberg-Polin's memoir recounts her journey after her son's abduction by Hamas
NEW YORK (AP) — Rachel Goldberg-Polin, who has become known worldwide for her advocacy on behalf of her son and others abducted by Hamas-led militants on Oct. 7, 2023, has a memoir coming out this spring.Random House, an imprint of Penguin Random House, announced Thursday that “When We See You Again” will be published April 26.
“I sat down to write my pain, and out poured loss, suffering, love, mourning, devotion, grief, adoration and fracturedness,” Goldberg-Polin, a Chicago-born educator who now lives in Jerusalem, said in a statement. “This book recounts... Read More
Ugandaâs presidential election experiences hours of delays at some polling stations
KAMPALA, Uganda (AP) — Uganda’s presidential election was plagued by widespread delays Thursday in addition to a days-long internet shutdown that has been criticized as an anti-democratic tactic in a country where the president has held office since 1986.Some polling stations remained closed for up to four hours after the scheduled 7 a.m. start time due to “technical challenges," according to the nation's electoral commission, which asked polling officers to use paper registration records to ensure the difficulties did not “disenfranchise any voter.”
Top Stories
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Entertainment
- Rachel Goldberg-Polin's memoir recounts her journey after her son's abduction by Hamas
- Press freedom advocates worry that raid on Washington Post journalist's home will chill reporting
- Min Jin Lee's 'Pachinko' follow-up, 'American Hagwon,' will explore Korean education obsession
- Julio Iglesias accused of sexual assault in Caribbean as Spanish prosecutors study the allegations
Sports
- Roger Federer revisits the Happy Slam and holds court on contemporary tennis
- Coco Gauff and Venus Williams set for potential Australian Open meeting in 2nd round
- Peat scores 24, No. 1 Arizona remains undefeated with 89-82 win over rival Arizona State
- Cooper Flagg sprains an ankle and is ruled out after halftime as Mavs lose to Nuggets