Business

The Daily Beast reports: On Monday Meta will join a strange crew of sponsors hopping to the White House for its annual Easter Egg Roll, just blocks from the courthouse that will decide the company’s fate.  Melania Trump on Friday announced how eggcited she is for the partnership, which includes Meta’s “AI-Powered Experience and Photo Opportunity.” But critics say it’s …

The New York Times reports: Google acted illegally to maintain a monopoly in some online advertising technology, a federal judge ruled on Thursday, adding to legal troubles that could reshape the $1.88 trillion company and alter its power over the internet. Judge Leonie Brinkema of the U.S. District Court for the Eastern District of Virginia said in a ruling that …

The Telegraph reports: China has barred its country’s airlines from accepting deliveries from Boeing in retaliation against Donald Trump’s tariffs. Boeing has been caught in the middle of the clash, losing access to one of the world’s biggest aviation markets in the process. The ban will apply to all existing orders from the US manufacturing giant, while Beijing has also …

Axios reports: The Federal Trade Commission and Meta will square off in a long-awaited antitrust trial on Monday over the tech giant’s past acquisitions of WhatsApp and Instagram. The trial will be a major test of the FTC’s ability to take on tech behemoths for allegedly breaking antitrust law and comes as Meta CEO Mark Zuckerberg tries to cozy up …

Forbes reports: Tesla’s stock has slid steadily this year, hurt by declining sales and widespread protests over CEO Elon Musk’s leadership of President Trump’s DOGE initiative, which is making haphazard staffing and budget cuts to federal agencies. The electric vehicle maker’s sharp-edged Cybertruck is also sliding, posting sharply lower sales in the year’s first quarter. The Austin-based company delivered just …

CNBC reports: Stocks fell Thursday, giving back some of the gains from the historic rally seen in the previous session after Trump announced a 90-day reprieve on some of his “reciprocal” tariffs. Investors worried that even with the short pause on some of the duties, economic activity will be slowed by Trump’s singling out of China with a much higher …

CNBC reports:  Amazon CEO Andy Jassy said Thursday the company is still digesting the impact of President Donald Trump’s sweeping tariffs, but that its vast network of third-party sellers may “pass that cost on” to consumers. “I understand why, I mean, depending on which country you’re in, you don’t have 50% extra margin that you can play with,” Jassy said …

The Associated Press reports: U.S. egg prices increased again last month to reach a new record-high of $6.23 per dozen despite President Donald Trump’s predictions, a drop in wholesale prices and no egg farms having bird flu outbreaks. The increase reported Thursday in the Consumer Price Index means consumers and businesses that rely on eggs should not anticipate immediate relief. …

Reuters reports: Chinese companies that sell products on Amazon are preparing to hike prices for the U.S. or quit that market due to the “unprecedented blow” from President Donald Trump’s tariff hikes, the head of China’s largest e-commerce association said. Trump said on Wednesday he would raise tariffs on Chinese imports to 125 per cent from the 104 per cent …

Axios reports: The Trump administration’s massive tariffs on China have Apple flying planes full of iPhones to the U.S. and consumers rushing to buy them before the prices potentially skyrocket. U.S. consumers are rushing to stores to buy iPhones in anticipation that the new tariffs will prompt Apple to raise prices. Some customers told the WSJ that they aren’t waiting …

“What happened in the bond market overnight, the spike in yields on the 30-year and the 10-year bonds, showed that people were dumping our bonds. And who are those people dumping our bonds? Japan, the biggest holder of bonds, was selling bonds. That’s what I’m getting from some very big money managers. “If you have a mass sale of bonds, …

Columbus’s NBC affiliate reports: Microsoft has confirmed that it is backing down on building data centers in Licking County. In a statement released Monday, the company did not give a reason for stopping the projects, only to say the decision was made “after careful consideration.” “After careful consideration, we will not be moving forward at this time with our plans …

CTV News reports: Canada’s tariff war with the U.S. has many homegrown companies hoping customers remember there’s more to them than their names. Despite branding themselves with nods to the U.S., Boston Pizza, New York Fries, Montana’s, California Sandwiches and The Great American Backrub are all Canadian and have been working to ensure the public doesn’t forget. “Not going to …

The American Farm Bureau writes: Farmers and ranchers, like all Americans, will be paying more for many of the products they purchase, from seed for vegetable growers to tractors and other equipment made of steel. Retaliatory tariffs imposed by our trading partners make American products more expensive than products from countries not facing such tariffs, thereby lowering demand for the …

Newsweek reports: The Nintendo Switch 2 is the buzz of the gaming world right now, with fans eager to get their hands on Nintendo’s latest and greatest hybrid console. It seems those wishing to preorder the console might have to wait a little bit longer, however, with the company reportedly pushing back preorders to better assess the potential impacts of …

The New York Times reports: Amazon has put in a last-minute bid to acquire all of TikTok, the popular video app, as it approaches an April deadline to be separated from its Chinese owner or face a ban in the United States, according to three people familiar with the bid. The bid came via an offer letter addressed to Vice …

Bloomberg News reports: Tesla Inc.’s vehicle sales fell 13% last quarter to an almost three-year low, as the carmaker made over its most important model and dealt with international backlash against Elon Musk. The company said Wednesday that it delivered 336,681 vehicles in the first three months of the year, its worst showing since the second quarter of 2022. Analysts …

Via press release from Hooters: In conjunction with the proposed sale of the Company-owned locations, and with the widespread support of key stakeholders in its capital structure (who will exchange certain of their debt for equity in the Company), the Company filed voluntary petitions for chapter 11 cases in the United States Bankruptcy Court for the Northern District of Texas. …

The Washington Post reports: Amazon’s new AI-enabled assistant Alexa+ is launching Monday but not all of the features the company showcased at a splashy event last month are ready, and not every Alexa owner will get access to them right away. The delayed features that documents say don’t yet meet Amazon’s standards for public release include the ability to order …

The Mississippi Clarion-Ledger reports: A Mississippi Gulf Coast restaurant came under fire after posting a video offering a free food deal to straight people only. The LGBTQ community is boycotting the business, and the owners’ stances on the matter have been erratic, swinging from backing the decision to apologizing before once again justifying their actions. Now, they’re defending the move. …