Micron Technology announced plans to invest $10 billion over the next decade to establish a new memory research lab in Boise, Idaho, which is scheduled to break ground in 2027.
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Cybersecurity researchers have uncovered a leak of approximately 16 billion login credentials, exposing the passwords in the largest leak ever reported. Researchers with Cybernews were the first to discover and report on the leak. In the last two days, multiple source,s including Forbes and TechRadar, have confirmed their report. Researchers are calling this “Weaponizable intelligence
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Joann, the fabrics and crafts retailer, is closing more than half of its 800 stores in the coming months as it continues to navigate the bankruptcy process. So far, Idaho Falls and Pocatello stores are not listed to close.
Continue ReadingBy Clare Duffy, CNN New York (CNN) — A group formed by billionaire entrepreneur and former Los Angeles Dodgers owner Frank McCourt has made a formal offer to buy TikTok from its China-based parent company, ByteDance. The group, which calls itself The People’s Bid for TikTok and is also backed by “Shark Tank”-famous investor Kevin
Continue ReadingBy Chris Isidore, Vanessa Yurkevich and Nathaniel Meyersohn, CNN New York (CNN) — Members of Starbucks Workers United staged their first strike in 13 months Friday and plan an escalating strike between now and Christmas Eve in what would become the union’s largest work stoppage since the organizing campaign started at the coffee retailer three
Continue ReadingBy Jordan Valinsky, CNN New York (CNN) — Big Lots is preparing to close its remaining 963 locations after a sale to save the bankrupt retailer fell through. The company previously announced it was selling “substantially all” of its assets to private equity firm Nexus Capital Management in September, but Big Lots said in a
Continue ReadingElon Musk apparently has one last battle to wage with outgoing Securities and Exchange Commission Chairman Gary Gensler.
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AP Business Writer The average rate on a 30-year mortgage in the U.S. has eased for the third week in a row. That’s a welcome trend for prospective homebuyers during what’s typically a less competitive time of the year for the housing market. Mortgage buyer Freddie Mac said Thursday that the rate dropped to 6.6%
Continue ReadingBy Nathaniel Meyersohn, CNN New York (CNN) — The largest proposed merger in US supermarket history has collapsed. Grocery chain Albertsons called off its $25 billion merger with Kroger Wednesday, a day after a federal judge blocked the deal. The merger, announced in 2022, sought to combine the fifth and tenth largest retailers in the
Continue ReadingDisney has agreed to pay $43 million to settle a lawsuit that it paid female employees less than their male counterparts in similar roles for nearly a decade.
Continue ReadingSubway announced Tuesday that its CEO, John Chidsey, will retire at the end of 2024. Executive Carrie Walsh will replace him as interim CEO.
Continue ReadingBy Jordan Valinsky, CNN New York (CNN) — Fisher-Price is recalling more than 2 million infant Snuga Swings due to a suffocation risk found after reports that five children died sleeping in the device. In an alert issued by the US Consumer Product Safety Commission (CPSC), the $160 device “should never be used for sleep
Continue ReadingBy Chris Isidore, CNN New York (CNN) — Tesla CEO Elon Musk unveiled on Thursday his vision of a “a fun, exciting future,” an “age of abundance” full of his company’s self-driving cars without steering wheels, parking lots turned into parks and robots that will walk among the population – that he once again promised
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Water users and groundwater users are nearing the finish line on a new mitigation plan according to the Governor and others.
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Crews are beginning work again to get the Center Street underpass open for traffic into Historic Downtown Pocatello.
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Senator Mike Crapo made a stop in Old Town Pocatello Monday at an event celebrating nearly $6 million in funding given to Idaho Housing projects by the Federal Home Loan Banks of Des Moines.
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Crispý Cones reels in a deal on the hit ABC television show Shark Tank.
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Rexburg entrepreneurs are taking their business to the next level as they pitch to world renowned investors on the hit ABC TV show, Shark Tank.
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Idaho now open for Bitcoin business.
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Plans to transform the old Simplot plant in Aberdeen into a year-round greenhouse may be moving forward.
Geobitmine originally planned to recycle heat from computer servers to warm greenhouses and bring more than 80 jobs to the city. But the plans were halted by new pricing policies for crypto companies from Idaho power.
Idaho State University President Kevin Satterlee was named one of Idaho’s 50 Most Influential Business Leaders by the Idaho Business Review.
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In May, the University of Idaho entered into a partnership with the crypto company Geobitmien to study crypto server heating in the University’s Aberdeen greenhouse. But plans for the partnership have halted as the company petitions Idaho Power’s new customer class.
Geobitmine founder and CEO Jay Jorgenson says Idaho Power isn’t considering his company’s several heating and agricultural applications.
(BPT) – With over 30 million small businesses in the U.S., it’s tough to stand out from the crowd. Successful small businesses turn first-time customers into repeat business, building momentum and growing sales. How can you achieve this? Marketing. Finding effective, easy-to-execute marketing strategies can boost your business by helping you engage your customers while
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(BPT) – The beauty of running a local business is you’ve got boots on the ground, ready to capture attention and build your brand in and around your community. Using simple grassroots marketing tactics, you can shout about your business from the rooftop. (But you may want to start with the sidewalk.) Here are five
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How small businesses can adapt to the new normal (BPT) – If you own a small business, or frequently shop at one, you know that COVID-19 has instantly changed everything. As brick-and-mortar shops have had to temporarily close to customers, the need to adapt has never been greater. For small businesses willing to reinvent themselves,
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