Things To Do In SW Florida

By STAN CHOE, AP Business Writer

NEW YORK (AP) — Stocks rose to more records on Wednesday, as Wall Street still doesn’t care much about the shutdown of the U.S. government, but yields sank in the bond market following the latest discouraging signals on the economy.

The S&P 500 climbed 0.3% to top its prior all-time high, which was set last week. The Dow Jones Industrial Average added 43 points, or 0.1%, to its own record set the day before, while the Nasdaq composite rose 0.4%.

The action was stronger in the bond market, where Treasury yields dropped after a report suggested hiring may have been much weaker across the country last month than economists expected.

Employers outside the government actually cut 32,000 more jobs than they added, according to the survey by ADP Research, with the Midwest taking particularly hard hits. What’s worse, the survey also revised down its numbers for employment in August, to a loss of 3,000 jobs from a previously reported gain of 54,000.

Usually, traders on Wall Street wait for a more comprehensive jobs report that comes from the U.S. government each month to suss out how the job market is doing. The U.S. government gets its data from a larger sample of employers than the ADP survey, which does not have a perfect track record predicting what the more comprehensive report will say each month. read more

By ANNE D’INNOCENZIO and JONEL ALECCIA, Associated Press

NEW YORK (AP) — Walmart said Wednesday that it plans to remove synthetic food dyes and 30 other ingredients, including some preservatives, artificial sweeteners and fat substitutes, from its store brands sold in the United States by January 2027.

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The move announced by the the nation’s largest retailer amounts to an acknowledgment that American consumers and the U.S. government under President Donald Trump are paying attention to what goes into packaged foods. Walmart said its goal would affect about 1,000 products, including salty snacks, baked goods, power drinks, salad dressings and frosting. read more

Port Canaveral has had such a busy year supporting SpaceX’s rocket recovery efforts, it brought in a new crane to assist in the launch parade on the Space Coast.

Port CEO Capt. John Murray said the third mobile harbor crane operated by the port arrived on Aug. 3.

“We had this crane modified somewhat to accommodate Relativity Space’s rocket that they may be modifying and it may not work as we originally intended.” he said. “They may have a different booster now.”

Murray did note that all of the port’s cranes, two of which top 320 feet tall, had been modified for the space industry.

“We did that with the very first one,” he said. “Major modification is the elevation of the mast. If you don’t have enough range to lift up at a high point, then you can’t move a booster off a recovery vehicle. So we did that with the first crane, and we’ve kept that in place.”

The third crane has modified counterweights that would allow the lift of a taller, heavier booster, which would have worked for Relativity’s Terran R based off earlier specifications, but those have since changed, according to port officials. read more

By JAKE COYLE

NEW YORK (AP) — Like thousands of actors, Tilly Norwood is looking for a Hollywood agent.

But unlike most young performers aspiring to make it in the film industry, Tilly Norwood is an entirely artificial intelligence-made character. Norwood, dubbed Hollywood’s first “AI actor,” is the product of a company named Xicoia, which bills itself as the world’s first artificial intelligence talent studio.

Since the Dutch producer and comedian Eline Van der Velden launched the digital character’s prospective career, Tilly Norwood has been all the talk in Hollywood.

But not in a good way. Guilds, actors and filmmakers have met the Xicoia product with an immediate wave of backlash, protesting that artificial intelligence should not have a starring role in the acting profession. In a statement Tuesday, the Screen Actors Guild said that “creativity is, and should remain, human-centered.”

“To be clear, ‘Tilly Norwood’ is not an actor, it’s a character generated by a computer program that was trained on the work of countless professional performers — without permission or compensation,” the guild said. “It has no life experience to draw from, no emotion and, from what we’ve seen, audiences aren’t interested in watching computer-generated content untethered from the human experience.” read more

By WYATTE GRANTHAM-PHILIPS

NEW YORK (AP) — The U.S. Federal Trade Commission is suing Zillow and Redfin, accusing the real estate companies of entering what the regulator says is an illegal deal to suppress competition in online rental advertising.

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In a lawsuit filed on Tuesday, the FTC alleges that this agreement started in February — when Zillow paid Redfin $100 million. In exchange for that and other compensation, the commission said, Redfin agreed to end contracts with advertising partners, stop competing ads for multifamily properties for up to nine years and serve as a syndicator of Zillow listings on its own sites. read more