Business & Markets — July 13, 2026

Meta's Louisiana investment reaches $50 billion. Meta said its planned Hyperion data center supercluster in Richland Parish, Louisiana, will be a 5-gigawatt facility costing more than $50 billion. That would make it one of the largest single infrastructure investments in U.S. history.

According to CNBC, the project is being aided by generous tax incentives, a factor the outlet highlighted in its reporting on the announcement. Beyond the headline price tag, the facility's planned 5-gigawatt capacity underscores the scale of power demand driving Meta's data center buildout, placing the Richland Parish project among the biggest single infrastructure commitments ever made in the United States.

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Vivani develops GLP-1 implant. Vivani Medical is developing a semaglutide implant designed to keep patients on obesity treatment without weekly injections, targeting a major adherence problem in the GLP-1 market.

CNBC frames the device as the latest attempt to help patients keep weight off over the long term, a challenge tied to how many people stop taking obesity drugs. By removing the need for regular self-administered doses, the implant approach targets the dropout problem that has dogged the broader class of these medications, according to the outlet's report.

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Keystone operator agrees to $26.9 million penalty. A proposed settlement would require the Keystone Pipeline system's operator to pay a $26.9 million civil penalty over a December 2022 oil spill in Kansas.

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Workers back AI wealth fund. A majority of U.S. employees support an AI sovereign wealth fund to hold corporations more accountable as tech layoffs rise, according to a new survey.

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