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Boosting output: Economic gains from artificial intelligence will boost global output by around 0.5% a year between 2025 and 2030, outweighing the costs of rising carbon emissions by the data centers needed to run AI models, the International Monetary Fund said on Tuesday. Read more from Reuters.
Quarterly results: Investar Holding Corp. on Monday reported net income of $6.3 million in its first quarter. The Baton Rouge-based bank said it had earnings of 63 cents per share. The holding company for Investar Bank posted revenue of $36.4 million in the period. Read more from AP.
Tariffs’ impact: Ford Motor has stopped shipping its pickup trucks, SUVs and sports cars to China to avoid tariffs that have shot up in recent weeks. The company halted shipments this week of F-150 Raptors, Mustang muscle cars and Bronco SUVs built in Michigan, as well as Lincoln Navigators made in Kentucky, according to people familiar with the matter. Read more from The Wall Street Journal.
