Business

Florida Gov. Ron DeSantis signed a bill on Monday that sets age limits for social media use in the state. Under the new law, children under 14 are prohibited from creating social media accounts, and those aged 14 and 15 will need parental consent to join platforms.

Florida Gov. DeSantis signs bill restricting social media for kids

A major bridge collapses in Baltimore after being struck by a ship -- sending multiple people into the water. And, Homeland Security raids the homes of hip-hop mogul Sean 'Diddy' Combs as part of an ongoing investigation. These stories and more highlight The Morning Rundown for Tuesday, March 26, 2024.

Major bridge collapses in Baltimore after ship collision; search and rescue underway

Boeing is at a crucial turning point with significant leadership changes and scrutiny over its safety and manufacturing practices.

Boeing braces for big shake-up: Leadership changes and safety checks

The U.S. responds to Vladimir Putin's claims after dozens are killed in a terrorist attack at a Russia concert hall, and—NBC News' Chuck Todd calls out his own network for a recent hiring during 'Meet the Press.'

Suspects in Russia concert hall attack appear in court

After its initial public offering on Thursday, March 21, Reddit is now under increased scrutiny to address misinformation on its platform. Analysts are advising the social media company to improve its content moderation to comply with the heightened regulatory standards of being a public entity.

Reddit faces serious misinformation scrutiny now that it’s a public company

A new survey has revealed that nearly half of U.S. parents are providing financial support to their adult children.

Survey reveals nearly half of US parents support adult kids financially

Tennessee Gov. Bill Lee signed the ELVIS Act, pioneering legislation to protect artists from AI impersonations.

Tennessee’s new ELVIS Act protects musicians from AI impersonations

The U.S. government has filed a lawsuit against The Campbell Soup Company, accusing the company of polluting a river that flows into Lake Erie. According to the Justice Department, Campbell has been violating pollution limits at its northwestern Ohio plant since 2018.

Department of Justice sues Campbell Soup for pollution in Ohio

U.S. Secretary of State Antony Blinken arrives in Israel amid growing tension between the two countries

Blinken arrives in Israel for tense talks on Gaza

The Justice Department announced Thursday that it has filed a significant antitrust lawsuit against Apple Inc., accusing the technology behemoth of illegal anti-competitive practices aimed at maintaining its smartphone market monopoly and inflating profits. According to the lawsuit, Apple is alleged to have manipulated application development rules and features of its iPhones — including iMessage and Apple Wallet — to suppress competition and elevate pricing.

Justice Department sues Apple, claims company holds iPhone monopoly

TikTok is putting in place new rules to limit the reach of state-affiliated media accounts that are attempting to exert influence abroad during a crucial election year.

Senate effort to pass TikTok bill likely to take until summer

he U.S. Treasury Department reports that gross interest payments on the national debt have surpassed $1 trillion in fiscal 2024, a 30% increase from the previous year and a first in history. This milestone highlights growing concerns over the national debt, now exceeding $35 trillion. The development coincides with heated debates in Washington over government funding, spending cuts, and stalled legislative efforts amid a looming government shutdown.

US credit card debt nearing 2008 record when adjusted for inflation

Elon Musk’s Neuralink made headlines Wednesday, March 20, with a live video on X demonstrating its brain implant technology. The video featured 29-year-old Nolan Arbaugh, who has been paralyzed from the shoulders down for eight years following a diving accident, using the device to move a mouse cursor solely through neural signals.

Neuralink posts video of first brain implant patient moving cursor to play chess

Days after Senate Majority Leader Chuck Schumer called him an obstacle to peace, Israeli Prime Minister Benjamin Netanyahu addresses Senate Republicans, and—Elon Musk's Neuralink posts a video of a patient playing chess using their mind.

Netanyahu speaks with Senate Republicans days after Schumer’s speech

Publishers Gannett and McClatchy are ending their partnership with the Associated Press, one of the world’s largest content providers.

Media pays AP for news content, but Gannett, McClatchy cut ties, save money

Chicago sued Glock, alleging the company's guns are easily converted to illegal machine guns, contributing to city violence.

Chicago sues Glock, blames gunmaker for pistols turned into ‘machine guns’

Hours after the Supreme Court rules that Texas's immigration law can take effect, it is now back on hold. And, charges have been dropped against the father of a late Marine who was arrested at the State of the Union.

Texas immigration law paused again amid legal seesaw

Is AI washing the new greenwashing? The SEC just fined two investment firms $400k for misleading claims about their AI capabilities.

SEC warns companies against ‘AI washing,’ announces $400,000 penalty

The Dwight D. Opperman Foundation has canceled its Ruth Bader Ginsburg Leadership Award gala after controversy and objections from Ginsburg's family and previous award recipient Barbra Streisand over this year's choices of recipients.

RBG Award gala canceled, organizers face backlash over 2024 honorees

Amazon Prime Video is set to launch a new reality competition series offering contestants the chance to win $5 million, believed to be the largest single prize in the history of television and streaming. The show, titled “Beast Games,” will be hosted and produced by Jimmy Donaldson, known as Mister Beast, YouTube’s most popular creator.

MrBeast’s Amazon reality competition series to have largest single prize in TV history

President Biden will host Japanese Prime Minister Fumio Kishida and Philippines President Ferdinand Marcos Jr. for a White House summit next month, amid rising concerns over North Korea’s nuclear program and Chinese actions in the South China Sea. White House Press Secretary Karine Jean-Pierre announced the first-ever U.S.-Japan-Philippines leaders’ summit, underscoring the growing economic ties between the nations.

Biden to host US-Japan-Philippines summit amid North Korea tensions

The Supreme Court steps in to extend a block on Texas' immigration law. And, the biggest single prize in TV history will be up for grabs thanks to Amazon and a YouTube star. These stories and more highlight The Morning Rundown for Tuesday, March 19, 2024.

Supreme Court extends hold on Texas’ immigration law

New developments are shifting the real estate landscape following an antitrust ruling against the National Association of Realtors.

Antitrust ruling rocks real estate: Buyers brace for shift in commission structures

Sports Illustrated partnered with Minute Media, aiming to continue the print edition and broaden Sports Illustrated’s global presence.

Sports Illustrated and Minute Media partnership secures print future