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Construction of a new research and innovation hub has taken its first steps at UC Riverside. A groundbreaking ceremony for the SoCal OASIS Park on Monday, June 23, was the beginning of the first major project under SoCal OASIS, a UCR-led initiative that stands for Opportunities to Advance Sustainability, Innovation and Social Inclusion. The program is spearheaded by UCR’s Office of Research and Economic Development with community and industry partnerships that aim to “promote clean and next-generation technology and contribute to the region’s economic growth,” a UCR news release states. The initiative focuses on six areas: clean energy, agricultural technology,…
SAN FRANCISCO — A budding partnership between OpenAI CEO Sam Altman and legendary iPhone designer Jony Ive to develop a new artificial intelligence hardware product has hit a legal snag after a federal judge ruled they must temporarily stop marketing the new venture. OpenAI last month announced it was buying io Products, a product and engineering company co-founded by Ive, in a deal valued at nearly $6.5 billion. But it quickly faced a trademark complaint from a startup with a similarly sounding name, IYO, which is also developing AI hardware that it had pitched to Altman’s personal investment firm and…
By TERRI VERMEULEN KEITH A woman convicted of first-degree murder and conspiracy to commit murder for masterminding the killing of her husband —a prominent hairdresser — at the home they shared with their two daughters in Woodland Hills was sentenced on Monday, June 23, to life in prison without the possibility of parole. Monica Sementilli, 53, was convicted for the Jan. 23, 2017, stabbing death of her 49-year-old husband, Fabio, in the family’s backyard, shortly before the couple was set to celebrate its 20th wedding anniversary. The 10-man, two-woman jury — which deliberated about eight hours and 45 minutes over…
By ANTHONY IZAGUIRRE, Associated Press NEW YORK (AP) — Their chances of becoming the next mayor of New York City may have dimmed. Their mission now? Stopping former Gov. Andrew Cuomo from getting to City Hall. In the final day of campaigning before the city’s Democratic primary, candidates who are seen as long shots to win the nomination were urging voters to leave Cuomo off their ballots in the city’s ranked choice election in a last-ditch effort to block the former governor’s comeback from a sexual harassment scandal. “Let’s make sure Andrew Cuomo gets nowhere near City Hall,” candidate and…
Last ones in. First ones out. Such is the story of the Los Angeles Football Club’s unlikely trip to the FIFA Club World Cup, which effectively ended Friday with a 1-0 loss to Espérance de Sportive Tunisie in Nashville. Following a performance that fell well short of the expectations, the 8-year-old Major League Soccer franchise set for itself upon claiming the final spot in the 32-team field by beating Club América, LAFC gets one last taste of the month-long competition before returning home when it meets Brazilian power CR Flamengo in the final match for Group D in Orlando. “We…
The main reason I voted for President Trump in all three elections was because he kept saying he was the peace candidate. He repeated that refrain at his May 13 speech in Riyadh, Saudi Arabia. Five weeks later, on June 21, he attacked three nuclear sites in Iran without a declaration of war from the U.S. Congress, as is demanded in Article I, Section 8, Clause 11. He didn’t even get something like President George W. Bush’s Oct. 16, 2002 Authorization for Use of Military Force Against Iraq Resolution. Although not a declaration of war, at least it involved Congress. This time also there was…
By CHRISTOPHER RUGABER, Associated Press WASHINGTON (AP) — Federal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key interest rate as soon as its next meeting in July, underscoring deep divisions among Fed officials as they endure sharp criticism from the White House. Bowman said that President Donald Trump’s tariffs have so far not caused the jump in inflation that many economists feared, and any upcoming increase in prices would likely be just a one-time rise. “It is likely that the impact of tariffs on inflation may take longer, be more delayed, and have…
By Robbie Sequeira, Stateline.org The Trump administration is pushing to reshape the federal housing safety net by slashing spending and shifting the burden of housing millions of people to states, which may be ill-equipped to handle the mission. President Donald Trump’s recent budget request to Congress for fiscal year 2026, a preliminary plan released in early May and known as “skinny” because a more robust ask will follow, outlines a 44% cut to the U.S. Department of Housing and Urban Development, including a 43% reduction in rental assistance programs that support more than 9 million Americans. Trump also wants to consolidate federal…
For all of his talk about fighting socialism, President Donald Trump seems to have an affinity for socialist policies. Trump is going after Marxism in universities. He wants to rip out the roots in the military. He’s even against Marxists entering the country. But when he’s the Marxist, it’s just “The Art of the Deal.” Socialism is generally considered to be a Marxist utopia where the people, meaning the government, control the means of production. I don’t know a more fitting description for America’s new ownership interest, known as a “Golden share,” in U.S. Steel, as a condition to allow…
Jason Kephart and Susan Dziubinski of Morningstar Why do target-date funds make ideal IRA investments? Related Articles Compass files lawsuit against Zillow over private home listings policy With its stock in sharp decline, Trump’s media company will buy $400 million of its own shares What’s new: Stater Bros. opens bigger Highland store this week May home sales barely move as high mortgage rates, prices, weigh on housing market Health insurers promise to improve coverage reviews that prompt delays and complaints Here to discuss this topic is Jason Kephart, a senior principal with Morningstar’s manager research team. The interview has been…