Evening briefing: Facebook, economy, wetlands

Hello Ohio. We end the day for you with the most important stories you need to know and your weather forecast.

Your weather planner

The sky will be mostly cloudy for the evening hours with only occasional showers possible. Scattered showers and thunderstorms will move south overnight and early Friday morning. Friday afternoon will be partly cloudy and cooler with highs in the lower 80s.

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today’s big stories

1. Judge Names Ohio as Lead Plaintiff in Facebook Class Action

The lawsuit claims that Facebook promoted harmful content with its algorithm, but misled users about it. A story published by the Wall Street Journal exposed Facebook’s strategy behind the algorithm, sending its stock plummeting. The case resulted in a $3 million loss for an Ohio pension system after it invested shares in Facebook.

2. The U.S. economy shrank 0.9% last quarter, its second consecutive decline

The decline in gross domestic product – the broadest measure of the economy – followed a 1.6% annual decline from January to March. Consecutive quarters of declining GDP are an informal, but not definitive, indicator of a recession.

3. 90% of Ohio’s wetlands are gone – what that means for our climate

According to the Ohio Wetlands Association, Ohio has lost over 90% of its wetlands over the years. This is largely due to agriculture, real estate development and the expansion of recreational areas.

Marcel Weigand, Northeast Ohio Conservation Coordinator for the Nature Conservancy, in front of Snow Lake at the Lucia S. Nash Preserve in northeast Ohio. (Taylor Bruck/Spectrum News 1)

4. Columbus Business First: The US Senate passes the CHIPS Act.

Intel has repeatedly said it was committed to its $20 billion project in Ohio, but could expand to a $100 billion project more quickly with federal grants.

5. ‘Human lives’ expected, government declares state of emergency in flood-hit Eastern Kentucky

Heavy rains caused severe flash flooding in eastern Kentucky Thursday morning. Three deaths have been confirmed and residents have reported that homes have been swept away.

Your notes for tomorrow

  • Recovery efforts continue in Kentucky amid flooding
  • Secretaries Blinken and Raimondo Host U.S.-Japan EPCC Meeting
  • Beyoncé releases her seventh studio album, “Renaissance”
  • International AIDS Conference in Canada

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