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County manager recommends property tax hike in wake of Helene

Aerial video along the Swannanoa River reveals the wrath of Tropical Storm HeleneAerial video along the Swannanoa River between Black Mountain and Asheville reveals the devastation of Tropical Storm Helene.Buncombe County’s proposed budget for fiscal year 2026 includes a 3.26-cent property tax increase to offset revenue shortfalls in the aftermath of Tropical Storm Helene.The budget prioritizes essential services, including $122 million for education, though still short requests from Asheville City Schools and Buncombe County Schools.ASHEVILLE – Described as a “break-even budget” focused on essential government services and recovery in the...
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Amazon unveils $8 billion investment in AI as future growth strategy

Greg Bensinger and Deborah Mary Sophia  |  ReutersAmazon Alexa now wants you to go hands-free in a carColumnist Marc Saltzman reviews one of the hands-free driving options, Alexa in a car.Marc Saltzman, Special for USA TODAYAmazon AMZN.O chief executive Andy Jassy on Thursday justified the company's billions of dollars in outlays for artificial intelligence development, saying the investment was necessary to remain competitive."If your mission is to make customers' lives better and easier every day, and you believe every customer experience will be reinvented by AI, you're going to invest deeply and...
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Data Focus: India’s R&D investment lags despite innovation boom

Despite India’s strides in innovation, supported by its scientific manpower, robust IT and pharmaceutical sectors, and a thriving start-up ecosystem, the country continues to lag in research and development (R&D) investment. The gross expenditure on R&D (GERD) in India has increased from approximately ₹60,196 crore in FY11 to about ₹1,27,381 crore in FY21. However, this remains at just 0.64 per cent of GDP — far lower than many global counterparts.In most developed and emerging economies, business enterprises contribute over 50 per cent to GERD, with countries like China, Japan, South...