by Wm. Steven Humphrey GOOD MORNING, SUNDAY! It's the perfect time to catch up on some of the great reporting and stories the Mercury churned out this week! (PRO TIP: If you despise being "the last to know," then be one of the first to know by signing up for Mercury newsletters! All the latest stories shipped directly to your email's in-box and then YOUR HEAD.) • Portland Will Pay Nearly $1.6 Million for Independent Monitor to Oversee City's...
Are we missing the forest for the trees? More than timber grows in forests — including products worth many tens of billions of dollars. Because these goods go unrecorded in
The industry of companion apps and robots powered by artificial intelligence (AI) is rapidly expanding. Greg Isenberg, formerly of WeWork’s startup hub, recently speculated on the financial potential of chatbots that simulate relationships, drawing from the behavior of a young investor who said he spent $10,000 monthly on such technology. On a post on X […]
Coalition of civil society groups says Paris should return harsh reparations imposed on Caribbean state two hundred years agoFrance should repay billions of dollars to Haiti to cover a debt formerly enslaved people were forced to pay in return for recognising the island’s independence, according to a coalition of civil society groups that is launching a new push for reparations.The Caribbean island state became the first in the region to win its independence in 1804 after a revolt by enslaved...
Disgraced former Rep. George Santos’ new campaign committee has raised a whopping zero dollars in March after announcing he’s once again running for a House seat.
Memory chip maker Micron Technology is set to get more than $6 billion in grants from the U.S. Commerce Department to help pay for domestic chip factory projects, Bloomberg News reported on Wednesday. The award, which is not yet finalized, could be announced as soon as next week, the report said, citing people familiar with the matter. New York Governor Kathy Hochul said in a statement that the largest private investment in American history is on its way to Central New York. New federal funding...
JCPenney is aiming to give half a billion dollars back to its customers through a revamped loyalty program.
Arbitration practitioners have expressed concern at the Indian Supreme Court’s unusual decision to set aside a US$960 million award relating to a metro project in Delhi by using its curative jurisdiction to correct a “grave miscarriage of justice”.
A UK court has ruled that a near billion dollar developer lawsuit against Apple will be allowed to proceed, after the iPhone maker attempted to get it dismissed. The £785M ($979M) antitrust lawsuit was filed on behalf of more than 1,500 British developers, and alleges that Apple’s monopolistic control of the market for iPhone apps allowed the company to charge ‘abusive’ levels of commission on app sales more
Amid the escalating global enthusiasm for esports, True Gamers unveils plans to construct a gaming island in Abu Dhabi.
Apple is doubling down on soccer as an integral part of its sports strategy for Apple TV. According to a new report from The New York Times, FIFA is nearing a deal with Apple for the worldwide television rights to a new World Cup-style tournament being played in the United States next year. more
Advocates who have been tracking the city’s response to traffic fatalities aren’t so sure. by Taylor Griggs Nearly 10 years ago, the city of Portland first committed to a Vision Zero plan, setting a goal to eliminate all traffic crash fatalities and serious injuries on Portland’s streets by 2025. That year, the Portland Bureau of Transportation (PBOT) reported 35 traffic crash deaths in Portland. City officials said at the time...