Things To Do In SW Florida

By ELAINE KURTENBACH

SHANGHAI (AP) — Leading automakers are showcasing their latest designed-for-China and the world models at the Shanghai auto show this week, fighting not to be edged aside in the world’s largest car market while watching for U.S. President Donald Trump’s next steps in his trade war.

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This year’s show in the sprawling industrial outskirts of Shanghai comes at a pivotal moment. Three decades after Beijing set out to build a world-class auto industry, local manufacturers account for about two-thirds of sales inside China, and a growing share of global exports. read more

By MATT O’BRIEN, Associated Press Technology Writer

Former employees of OpenAI are asking the top law enforcement officers in California and Delaware to stop the company from shifting control of its artificial intelligence technology from a nonprofit charity to a for-profit business.

They’re concerned about what happens if the ChatGPT maker fulfills its ambition to build AI that outperforms humans, but is no longer accountable to its public mission to safeguard that technology from causing grievous harms.

“Ultimately, I’m worried about who owns and controls this technology once it’s created,” said Page Hedley, a former policy and ethics adviser at OpenAI, in an interview with The Associated Press.

Backed by three Nobel Prize winners and other advocates and experts, Hedley and nine other ex-OpenAI workers sent a letter this week to the two state attorneys general.

The coalition is asking California Attorney General Rob Bonta and Delaware Attorney General Kathy Jennings, both Democrats, to use their authority to protect OpenAI’s charitable purpose and block its planned restructuring. OpenAI is incorporated in Delaware and operates out of San Francisco. read more

By ERIC TUCKER, Associated Press

WASHINGTON (AP) — A federal judge expressed deep skepticism Wednesday over a President Donald Trump executive order targeting a prominent law firm, signaling that she was inclined to grant a request to permanently block its enforcement.

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U.S. District Judge Beryl Howell grilled a Justice Department lawyer over the government’s plans to suspend security clearances from lawyers at the firm of Perkins Coie and pressed him to explain why the Trump administration was forcing law firms to disavow the use of diversity, equity and inclusion considerations in its hiring practices. read more

By STAN CHOE, AP Writer

NEW YORK (AP) — U.S. stocks rose as a worldwide rally came back around to Wall Street. The S&P 500 climbed 1.7% Wednesday after President Donald Trump appeared to back off his criticism of the Federal Reserve and his tough talk in his trade war. The Dow Jones Industrial Average added 1.1%, and the Nasdaq composite rose 2.5%. Treasury yields also eased in the U.S. bond market after Trump said he has no intention to fire the Fed’s chair and that his tariffs could come down on China imports. Stocks also rallied across much of Europe and Asia.

THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.

NEW YORK (AP) — U.S. stocks are rising Wednesday as a worldwide rally comes back around to Wall Street after President Donald Trump appeared to back off his criticism of the Federal Reserve and his tough talk in his trade war.

The S&P 500 was 1.8% higher in late trading, coming off a big gain Tuesday that more than made up for its steep loss on Monday. The Dow Jones Industrial Average was up 462 points, or 1.2%, with an hour remaining in trading, and the Nasdaq composite was 2.9% higher. read more

By Marcos Cabello, Bankrate.com

Tariffs could cost the average American household $3,800 in 2025, according to The Budget Lab at Yale University. This estimate comes even as President Trump announced a 90-day pause on tariffs earlier this month, temporarily reducing most tariffs to 10% in the meantime, while maintaining higher rates for countries including China.

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Tariffs — taxes imposed on imported goods — typically cause prices to rise as companies pass these additional costs to consumers. While this inflationary pressure may keep savings account yields elevated longer, it also means your everyday purchases could become significantly more expensive. read more