Business

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

The TikTok bill that passed the House stalled in the Senate with no clear path forward. The chamber could write an entirely new bill.

Senate effort to pass TikTok bill likely to take until summer

Credit card debt in the U.S. breached $1 trillion in 2023 while high interest rates continue to push the debt balance even higher in 2024.

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

In the first episode of "The Don Lemon Show," Lemon interviewed Elon Musk, and shortly after, Musk canceled an X partnership with the show.

‘The Don Lemon Show’ premieres amid feud with Musk over dropped X contract

Apple is reportedly in discussions with Google to integrate Google's Gemini artificial intelligence engine into the iPhone.

Apple in talks with Google to integrate AI engine into iPhone

With a landslide victory in an election without real competition, Russian President Vladimir Putin secures another term in power. And, following a downturn during the pandemic, marriage rates in the U.S. are on the rise.

Vladimir Putin wins Russian presidential election, 6 more years in power

Federal regulators seek to revise right-to-repair laws due to frequent McDonald's ice cream machine failures.

Feds advocate for right-to-repair changes amid McDonald’s ice cream woes

A ruling is expected Friday, March 15, concerning the Georgia D.A. in former President Trump's election interference case. And, SpaceX's Starship rocket successfully launches into orbit but faces issues on its return to Earth. These stories and more highlight The Morning Rundown for Friday, March 15, 2024.

Judge to rule on motion to disqualify Fulton County DA Fani Willis

Following Texas' most catastrophic wildfire, the state's Panhandle landscape has turned into an expanse of ash, affecting the livelihoods of ranchers and thousands of livestock. Texas has established a committee to investigate the largest wildfire in its history, which claimed over 10,000 livestock and forced ranchers to make difficult decisions about their herds on land now devoid of grazing capability.

Historic Texas wildfire hits ranchers hard, lawyer says damages could reach $1B

Don Lemon interviewed Elon Musk as the show was poised to have a partnership with X. Musk texted "contract is canceled" just hours after, according to Lemon.

X cancels partnership with Don Lemon after Elon Musk interview

Vice President Kamala Harris plans for a historic stop at an abortion clinic in Minnesota.

Vice President Kamala Harris to tour Minnesota abortion clinic in historic visit

A Kairos rocket launched by the Japanese startup Space One exploded seconds after liftoff, marking a setback for the company’s ambitions. The incident occurred in a mountainous region of central Japan Wednesday, March 13. Videos captured the rocket’s ascent before it was engulfed in flames and smoke just five seconds into the flight.

Japan’s Space One Kairos rocket explodes seconds after takeoff

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