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Nortwest Arkansas Democrat Gazette - National Business

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Tech sell-off wipes US market’s earlier gains
NEW YORK -- A brutal sell-off swept through Wall Street Thursday, led by stocks tied to the buildout of AI data centers. The wipeout more than erased the U.S. stock market's gain from the day before, which was its best in three months.

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OpenAI announces community compact
OpenAI said it will avoid nondisclosure agreements when it negotiates data center deals and ensure residents don't pay for the electricity to power those projects, part of a framework the company believes should be adopted into laws governing the expansion of artificial intelligence.

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JetBlue raising baggage checking fees a second time as holidays near
JetBlue has raised its checked baggage fees for the second time this year, making it more expensive for travelers to check luggage just as the busy holiday travel season gets underway.

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Wendy’s rejects $1.4B buyout offer from an activist investor
Wendy's rejected a $1.4 billion buyout offer from an activist investor, saying Thursday that the bid was too low and didn't take into account the company's long-term earnings potential under its new CEO.

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Jobless claims slip to fewest since July
WASHINGTON -- Fewer Americans applied for unemployment benefits last week as layoffs remain scarce and most workers enjoy job security.

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