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Apple Plans Price Hikes as AI Companies Drive Up Chip Costs

Apple Plans Price Hikes as AI Companies Drive Up Chip Costs
Apple Plans Price Hikes as AI Companies Drive Up Chip Costs
June 17, 2026  |  Apple

Apple plans to raise prices due to a surge in the costs of memory and storage chips, CEO Tim Cook told The Wall Street Journal...

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Santander Gets OCC Nod to Fold In Webster Bank
Santander Gets OCC Nod to Fold In Webster Bank
June 17, 2026  |  Banking

The planned acquisition of Connecticut-headquartered Webster Bank by Banco Santander has moved a step closer to getting the regulatory approvals it needs. Get the Full Story Complete the form...

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Illinois Puts Crypto Transfers in the Tax Crosshairs
Illinois Puts Crypto Transfers in the Tax Crosshairs
June 17, 2026  |  Cryptocurrency

The governor of Illinois signed a law that will impose a 0.2% tax on customers’ use of digital asset services, including exchange, transfer or custody activities, according...

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Visa and Mastercard Put Tokens in Charge of AI Commerce
Visa and Mastercard Put Tokens in Charge of AI Commerce
June 17, 2026  |  Artificial Intelligence

The race to build agentic commerce is producing no shortage of attention around artificial intelligence (AI) assistants. OpenAI, Google, Perplexity and others want consumers to...

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State Farm Bets on AI to Take Back Number One
State Farm Bets on AI to Take Back Number One
June 17, 2026  |  Artificial Intelligence

State Farm is rebuilding its agent model around artificial intelligence after losing a title it held since World War II. Get the Full Story Complete...

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PayPal Weighs Shutdown of Venture Capital Arm in Corporate Overhaul
PayPal Weighs Shutdown of Venture Capital Arm in Corporate Overhaul
June 17, 2026  |  Investments

PayPal is “exploring strategic options” for its venture capital arm, a company spokesperson told Fortune in a report posted Tuesday (June 16). Get the Full...

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AI Gives Main Street Its Own Finance Department
AI Gives Main Street Its Own Finance Department
June 17, 2026  |  SMBs

Small businesses run on instinct. Main Street entrepreneurs know their customers personally. They understand seasonal fluctuations without consulting dashboards; many can sense when sales are...

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Amazon Exec Predicts Commercial Quantum Computers Could Launch in 2031
Amazon Exec Predicts Commercial Quantum Computers Could Launch in 2031
June 17, 2026  |  Technology

Amazon artificial intelligence executive Peter DeSantis reportedly said Wednesday (June 17) that the first “commercially useful small-scale” quantum computers will appear five to seven years...

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