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More drops for AI stocks drag Wall Street to its worst day in nearly a month

More drops for AI stocks drag Wall Street to its worst day in nearly a month

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By STAN CHOE, AP Business Writer

NEW YORK (AP) — More drops for AI stocks dragged the U.S. market lower Wednesday, and Wall Street sank to its fourth straight loss.

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The S&P 500 fell 1.2% for its worst day in nearly a month, though it’s still not far from its all-time high set last week. The Dow Jones Industrial Average dipped 228 points, or 0.5%, and the Nasdaq composite dropped 1.8%.

Slightly more stocks rose within the S&P 500 than fell, but they got drowned out by the drops for companies in the artificial-intelligence industry.

Questions continue to dog the former superstars about whether their yearslong dominance of Wall Street meant their prices shot too high, as well as whether all the investment in AI will produce enough profit and productivity to prove worth the cost. Worries are also rising about the debt that some companies are taking on to pay for it all. read more

Warner Bros recommends investors reject Paramount’s offer in favor of Netflix’s

Warner Bros recommends investors reject Paramount’s offer in favor of Netflix’s

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By WYATTE GRANTHAM-PHILIPS, AP Business Writer

NEW YORK (AP) — Warner Bros. Discovery is recommending its shareholders reject an unsolicited buyout offer from Paramount Skydance in favor of a rival bid from Netflix it said will better serve their interests and the entertainment company’s audiences.

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The Warner board said in a letter to shareholders on Wednesday that Paramount’s “inferior” offer carried “significant risks and costs,” in large part because it relies heavily on borrowed money – whereas the Netflix offer is backed by a company worth more than $400 billion. read more

Expert tips to ease financial pressure and avoid holiday overspending

Expert tips to ease financial pressure and avoid holiday overspending

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By ADRIANA MORGA

NEW YORK (AP) — Are you feeling overwhelmed by the pressure to spend money on gifts, parties, and travel this holiday season?

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The job market is tough, student loan and credit card debt are rising, and prices for many items remain high due to inflation. If you’re feeling financially strained, know that you’re not the only one feeling that way, said Lindsay Bryan-Podvin, a financial therapist and host of the Mind Money Balance podcast.

To avoid putting additional pressure on your finances, use the the holidays as a time to be extra-mindful of how you spend. Remember that spending money isn’t the only way to show your love to your friends and family. read more

Grout Maintenance: Keep Your Tiles Looking New Year-Round

Grout Maintenance: Keep Your Tiles Looking New Year-Round

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Tile floors are often chosen for their durability and beauty, but the grout lines that hold them together tell a different story. Grout is naturally porous, acting like a sponge for dirt, moisture, and bacteria. Without a consistent plan, your pristine floors can quickly look dingy. Implementing a strategy for seasonal grout care ensures your surfaces remain vibrant and hygienic, regardless of the weather outside.

Here is how to approach grout maintenance as the seasons change.

Spring: The Deep Clean Reset

After a long winter of tracked-in mud, slush, or just increased indoor traffic, spring is the ideal time for a deep reset. Winter grime often settles deep into the pores of the grout, causing discoloration.

Start by sweeping away loose debris, then move on to a thorough wash. When choosing your products, be careful. Many homeowners reach for bleach or acidic cleaners, but these can actually erode grout over time. Instead, opt for pH-neutral tile cleaning solutions specifically designed to lift dirt without damaging the structural integrity of the grout. This “spring cleaning” removes the heavy buildup and prepares the surface for the rest of the year. read more

Health inspectors shut down 4 Central Florida restaurants last week

Health inspectors shut down 4 Central Florida restaurants last week

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The Department of Business and Professional Regulation shut down four Central Florida restaurants for health code violations during the week from Dec. 7-13.

Orange

Sushi B Hibachi & Grill at 12141 Collegiate Way in Orlando shut down on Dec. 10. There were 21 violations, three of which were high priorities. Those violations included raw shell eggs stored over a package of ginger in a walk-in freezer, 49 total rodent droppings and raw shrimp kept overnight inside a reach-in cooler on the cook line. A second inspection occurred on Dec. 11. There were six violations, but none was a high priority. The restaurant met inspection standards.

Breakfast Bites at 906 S. Ivey Lane in Orlando shut down on Dec. 10. There were 25 violations, three of which were high priorities. Those violations included raw chicken stored over ready-to-eat food, raw chicken not being separated from a shell egg and 145 rodent droppings found around the restaurant. A second inspection occurred the same day. There were 23 violations, two of which were high priorities for the improperly stored raw chicken over ready-to-eat food and not being separated from a shell egg. The restaurant requires a follow-up inspection, but has reopened since it poses no immediate threat to the public. read more