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Thursday, March 28, 2024
March 28, 2024

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A hiring sign is seen outside of a barber shop in Northbrook, Ill., Tuesday, March 12, 2024. On Thursday, March 28, 2024, the Labor Department issues the latest weekly report on first-time applications for unemployment benefits. (AP Photo/Nam Y.

Applications for US unemployment benefits dip to 210,000 in strong job market

A hiring sign is seen outside of a barber shop in Northbrook, Ill., Tuesday, March 12, 2024. On Thursday, March 28, 2024, the Labor Department issues the latest weekly report on first-time applications for unemployment benefits. (AP Photo/Nam Y.

March 28, 2024, 7:39am Business

The number of Americans signing up for unemployment benefits fell slightly last week, another sign that the labor market remains strong and most workers enjoy extraordinary job security. Read story

Michelle Yeoh to join business and political leaders at Global Citizen NOW summit to fight poverty

March 28, 2024, 7:38am Business

Oscar winner Michelle Yeoh, Botswana President Mokgweetsi Masisi, and Verizon CEO Hans Vestberg are among the diverse group of political, business and philanthropic leaders Global Citizen will convene in New York on May 1 and 2, the nonprofit announced on Thursday. Read story

TikTok is under investigation by the FTC over data practices and could face a lawsuit

March 27, 2024, 1:37pm Business

The Federal Trade Commission is investigating TikTok over its data and security practices, a probe that could lead to a settlement or a lawsuit against the company, according to a person familiar with the matter. Read story

A street sign is seen in front of the New York Stock Exchange the New York Stock Exchange, Tuesday, Feb. 27, 2024, in New York. Stocks are holding relatively steady on Wall Street near their record levels.

Stock market today: S&P 500 sets a record after Wall Streets breaks out of its lull

A street sign is seen in front of the New York Stock Exchange the New York Stock Exchange, Tuesday, Feb. 27, 2024, in New York. Stocks are holding relatively steady on Wall Street near their record levels.

March 27, 2024, 1:35pm Business

U.S. stocks rose to a record Wednesday after breaking out of their three-day lull. Read story

FILE - The Amazon logo is photographed at the Vivatech show in Paris, on June 15, 2023.  Amazon says, Wednesday, March 27, 2024, its investing another $2.75 billion in the Artificial intelligence startup Anthropic, bringing its total investment in the company to $4 billion. The investment will give Amazon a minority stake in San Francisco-based Anthropic, which is a rival to OpenAI, the maker of the popular chatbot ChatGPT.

Amazon pours an additional $2.75 billion into AI startup Anthropic

FILE - The Amazon logo is photographed at the Vivatech show in Paris, on June 15, 2023.  Amazon says, Wednesday, March 27, 2024, its investing another $2.75 billion in the Artificial intelligence startup Anthropic, bringing its total investment in the company to $4 billion. The investment will give Amazon a minority stake in San Francisco-based Anthropic, which is a rival to OpenAI, the maker of the popular chatbot ChatGPT.

March 27, 2024, 1:32pm Business

Amazon said Wednesday it is pouring an additional $2.75 billion into Anthropic, bringing its total investment in the artificial intelligence startup to $4 billion. Read story

Settlement reached in lawsuit between Disney and Florida Gov. Ron DeSantis’ allies

March 27, 2024, 8:38am Business

Allies of Gov. Ron DeSantis and Disney reached a settlement agreement Wednesday in a state court fight over how Walt Disney World is developed in the future following the takeover of the theme park resort's government by the Florida governor. Read story

What we know about the Dali, the cargo vessel that crashed into the Baltimore´s Key Bridge

March 27, 2024, 8:09am Business

A 948-foot-long cargo vessel pulling out of the Port of Baltimore struck a support column of the Francis Scott Key Bridge early Tuesday morning, sending cars and eight people into the Patapsco River. Read story

Yellen says China’s rapid buildout of its green energy industry ‘distorts global prices’

March 27, 2024, 7:54am Business

Treasury Secretary Janet Yellen is calling out China’s ramped-up production in solar energy, electric vehicles and lithium-ion batteries, calling it unfair competition that “distorts global prices” and “hurts American firms and workers, as well as firms and workers around the world.” Read story