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George Laurer, inventor of ubiquitous UPC, dies at 94

The Associated Press  |  Posted Dec 9th - 3:00pm

George J. Laurer, whose invention of the Universal Product Code at IBM transformed retail and other industries around the world, has died. He was 94.

Police: Customer accused in Golden Corral worker's stabbing

The Associated Press  |  Posted Dec 9th - 1:42pm

A customer is accused in the fatal stabbing of a restaurant employee outside the business after the two had argued earlier, police in Ohio said Monday.

White House backs emerging deal on consumer health costs

Alan Fram, Associated Press  |  Posted Dec 9th - 1:06pm

The White House endorsed an emerging bipartisan agreement Monday on legislation aimed at curbing rising health care costs, including taking steps to limit “surprise” medical bills that can plague patients treated in emergency rooms.

Fed is likely to reinforce a message of continued low rates

Christopher Rugaber, Associated Press  |  Posted Dec 9th - 12:38pm

The Federal Reserve is expected to send a clear message when its latest policy meeting ends Wednesday: Interest rates will likely stay ultra-low for the foreseeable future.

PG&E's stock surges 16% on tentative wildfire settlement

The Associated Press  |  Posted Dec 9th - 12:37pm

PG&E's stock surged Monday after the utility reached a tentative $13.5 billion settlement resolving all major claims related to the Northern California wildfires of 2017 and 2018.

Saudi Arabia's deficit widens to $49B ahead of Aramco sale

Aya Batrawy, Associated Press  |  Posted Dec 9th - 12:32pm

Saudi Arabia will reduce spending in 2020 as the budget deficit widens to $49 billion amid sluggish oil prices and deeper curbs on oil production by the heavyweight producer.

Court rejects Minnesota's renewal of US Steel mine permit

Steve Karnowski, Associated Press  |  Posted Dec 9th - 12:23pm

The Minnesota Court of Appeals on Monday reversed a decision by state regulators to renew a wastewater discharge permit for U.S. Steel's giant Minntac iron ore mine in the northeast of the state.

Census Bureau head says IT concerns are being remedied

Mike Schneider, Associated Press  |  Posted Dec 9th - 12:13pm

Information technology problems at the U.S. Census Bureau have been fixed or are in the process of being remedied, despite recent reports raising concerns about the bureau’s preparedness for the 2020 Census, the agency’s director said Monday.

U.N.D.P. says Latin America is wealthier but unequal

Claudia Torrens, Associated Press  |  Posted Dec 9th - 11:54am

Latin America has significantly reduced poverty over the last two decades. So why is there generalized discontent, prompting thousands of protesters to take to the streets?

Update on the latest in business:

The Associated Press  |  Posted Dec 9th - 11:33am

U.S. stocks are mostly lower in afternoon trading as investors wait for the latest updates about trade negotiations and the economy.

No major impacts on Lake Superior found from Line 3 pipeline

Steve Karnowski, Associated Press  |  Posted Dec 9th - 10:23am

An updated environmental review released by a state agency Monday found no serious threat to Lake Superior if crude oil ever leaked from a new pipeline to replace Enbridge Energy's aging Line 3 across northern Minnesota.

Messi's hometown offers emotional trip to his childhood

Debora Rey, Associated Press  |  Posted Dec 9th - 10:12am

Soccer wasn't always Lionel Messi's favorite activity.

Saudi prince's ambitions hinge on triumphant Aramco sale

Aya Batrawy, Associated Press  |  Posted Dec 9th - 10:02am

Saudi Arabia is expected to set a new record for the largest stock flotation in history on Wednesday with the sale of part of Aramco, the state-owned oil company valued at $1.7 trillion.

Trump, Dems in tentative deal on North American trade pact

Andrew Taylor and Lisa Mascaro, Associated Press  |  Posted Dec 9th - 9:43am

House Democrats have reached a tentative agreement with labor leaders and the White House over a rewrite of the U.S.-Mexico-Canada trade deal that has been a top priority for President Donald Trump.

Grains mostly higher, livestock mixed

The Associated Press  |  Posted Dec 9th - 9:38am

Grain futures were mostly higher Monday in early trading on the Chicago Board of Trade.

Amazon says Trump's 'improper pressure' doomed Pentagon bid

Matt O'Brien and Joseph Pisani, Associated Press  |  Posted Dec 9th - 9:10am

a term used to describe banks of servers in remote data centers that can be accessed from almost anywhere. But Microsoft’s Azure cloud platform has been steadily catching up, as have other providers such as Google, in both corporate and government settings.

South Africa's Zozibini Tunzi crowned Miss Universe 2019

The Associated Press  |  Posted Dec 9th - 8:38am

South Africa's Zozibini Tunzi was crowned Miss Universe 2019, giving the country its second title in in three years in a pageant that also saw strong showings from contestants from Puerto Rico and Mexico.

Small business hiring slow, likely to remain so, reports say

Joyce M. Rosenberg, Associated Press  |  Posted Dec 9th - 8:26am

Two reports last week show that small business hiring still lags behind the strong job growth reported at larger companies, and that owners are unlikely to increase their staffs significantly in 2020.

Intel Introduces ‘Horse Ridge’ to Enable Commercially Viable Quantum Computers

Business Wire, Associated Press  |  Posted Dec 9th - 8:01am

code-named “Horse Ridge” — that will speed up development of full-stack quantum computing systems. Horse Ridge will enable control of multiple quantum bits (qubits) and set a clear path toward scaling larger systems — a major milestone on the path to quantum practicality. Developed together with Intel’s research collaborators at QuTech, a partnership between TU Delft and TNO (Netherlands Organization for Applied Scientific Research), Horse Ridge is fabricated using Intel’s 22nm FinFET technology. In-house fabrication of these control chips at Intel will dramatically accelerate the company’s ability to design, test and optimize a commercially viable quantum computer.