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Month: February 2026

As electricity costs rise, everyone wants data centers to pick up their tab. But how?

As electricity costs rise, everyone wants data centers to pick up their tab. But how?

By MARC LEVY

HARRISBURG, Pa. (AP) — As outrage spreads over energy-hungry data centers, politicians from President Donald Trump to local lawmakers have found rare bipartisan agreement over insisting that tech companies — and not regular people — must foot the bill for the exorbitant amount of electricity required for artificial intelligence.

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But that might be where the agreement ends.

The price of powering data centers has become deeply intertwined with concerns over the cost of living, a dominant issue in the upcoming midterm elections that will determine control of Congress and governors’ offices. read more

Wendy’s closes US restaurants and focuses on value to turn around falling sales

Wendy’s closes US restaurants and focuses on value to turn around falling sales

By DEE-ANN DURBIN, AP Business Writer

Wendy’s is closing several hundred U.S. restaurants and increasing its focus on value after a weaker-than-expected fourth quarter.

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The Dublin, Ohio-based company said Friday that its global same-store sales, or sales at locations open at least a year, fell 10% in the October-December period. That was worse than the 8.5% drop expected by analysts polled by FactSet.

U.S. same-store sales fell even further in the fourth quarter. Wendy’s said late last year that it planned to close underperforming U.S. restaurants, but it gave more details about those closures Friday. read more

Logistics giant DP World replaces chairman named in Jeffrey Epstein documents

Logistics giant DP World replaces chairman named in Jeffrey Epstein documents

CAIRO (AP) — Dubai has announced a new chairman for DP World, one of the world’s largest logistics companies, replacing the outgoing head who was named in the Jeffrey Epstein documents.

The announcement by the government’s Dubai Media Office did not specifically name Sultan Ahmed bin Sulayem. However, it said that Essa Kazim was named DP World’s chairman and Yuvraj Narayan was named group CEO. Those were positions held by bin Sulayem.

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DP World is a logistics giant that runs the Jebel Ali port in Dubai and operates terminals in other ports around the world. It has long been a pillar of the economy of the Middle Eastern city. read more

Amazon scraps partnership with surveillance company after Super Bowl ad backlash

Amazon scraps partnership with surveillance company after Super Bowl ad backlash

Amazon’s smart doorbell maker Ring has terminated a partnership with police surveillance tech company Flock Safety.

The announcement follows a backlash that erupted after 30-second Ring ad that aired during the Super Bowl featuring a lost dog that is found through a network of cameras, sparking fears of a dystopian surveillance society.

But that feature, called Search Party, was not related to Flock. And Ring’s announcement doesn’t cite the ad as a reason for the “joint decision” for the cancellation.

Ring and Flock said last year they were planning on working together to give Ring camera owners the option to share their video footage in response to law enforcement requests made through a Ring feature known as Community Requests.

“Following a comprehensive review, we determined the planned Flock Safety integration would require significantly more time and resources than anticipated,” Ring’s statement said.

“The integration never launched, so no Ring customer videos were ever sent to Flock Safety.” read more

Falling cocoa prices won’t necessarily mean cheaper Valentine’s Day chocolates

Falling cocoa prices won’t necessarily mean cheaper Valentine’s Day chocolates

By DEE-ANN DURBIN, Associated Press Business Writer

Cocoa prices have fallen nearly 70% since last Valentine’s Day, but that won’t make heart-shaped boxes of chocolate or even chocolate Easter bunnies more affordable this year.

A man passes a Fannie May chocolate shop in downtown Chicago
FILE – A man passes a Fannie May chocolate shop in downtown Chicago on Valentine’s Day, Feb. 14, 2021. (AP Photo/Nam Y. Huh, File)

Chocolate prices at U.S. retail stores rose 14% between Jan. 1 and the first week of February compared to the same period last year, according to market research company Datasembly. That’s on top of a 7.8% increase for the same period in 2025.

Europe has seen even steeper price increases. In Germany, chocolate prices rose 18.9% in 2025, according to government figures.

Here’s what caused the price of cocoa futures to rise and then fall — and why that may not be reflected in the prices customers are paying.

Cocoa, climate and cost

Cocoa prices more than doubled in 2024 due to insufficient rainfall and crop diseases in West Africa, which supplies more than 70% of the world’s cocoa. Cocoa, which is made from the dried beans of the cacao tree, is the main ingredient in both dark and white chocolate. read more