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Associated Press Business Briefs - Oct. 17, 2024

Bonner County Daily Bee | UPDATED 4 weeks AGO
| October 17, 2024 1:00 AM

Amazon, Google make dueling nuclear investments to power data centers with clean energy

Tech giants Amazon and Google are investing in the next generation of nuclear reactors. Both companies are seeking new sources of carbon-free electricity to meet increasing demand from data centers and artificial intelligence. Just last month, the owner of the shuttered Three Mile Island nuclear power plant said it plans to restart the reactor so tech giant Microsoft can buy the power to supply its data centers. All three companies have been investing in solar and wind. Now they say they need a broad range of technologies to meet their carbon-free goals. Energy Secretary Jennifer Granholm said she's thrilled Amazon is the latest to "BYOP" or "bring your own power" to the buildout of data centers.

What's behind the widening gender wage gap in the US?

NEW YORK (AP) — The first widening of the gender wage in 20 years is the latest indication that many women have paid a price for leaving the workforce at the height of the COVID-19 pandemic, either because they lost their jobs or because they quit because of caretaking responsibilities. But the finding in a recent Census Bureau report captures a complicated moment for women in the post-pandemic recovery, and not all the news is bad. Wages are growing for all workers, just much faster for men. And the widening of the wage gap is due in large part because of a surge in Latina women joining the full-time workforce.

CSX profit rose 8% in the third quarter but hurricane damage will impact current period

CSX delivered 3% more shipments in the third quarter to help drive its profit 8% higher. But only modest volume growth is expected in the rest of the year as the Southeast rebuilds after two major hurricanes. The railroad said it earned $894 million, or 46 cents per share. That's lower than the 48 cents forecast by analysts surveyed by FactSet Research. The Jacksonville, Florida-based railroad has been working to recover after Hurricanes Helene and Milton that battered its extensive network. CSX CEO Joe Hinrichs says the railroad has remained "flexible and resilient" despite all the storm damage.


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