You Can Take a Stake in Elon's xAI Before May 1st...

Elon Musk's private AI firm xAI may have just leapfrogged ChatGPT and Google's Gemini--building what experts call the future of AI. For the first time, you can take a stake starting at $500.

Business News Digest

The Associated Press
March 14, 2025

AP Business Digest

Here are the AP's top business stories that have moved or are planned to move today. All times U.S. Eastern. For up-to-the minute information on AP's coverage, visit AP Newsroom's Coverage Plan.

--------------------

UPCOMING

--------------------

CANADA-MARKET SLUMP

DESCRIPTION: All eyes have been on the U.S. stock market, but the spat between the U.S. and its key trading partners has knocked Canada's main stock index down from an all-time high.

UPCOMING: By 03/14/2025 11:00 a.m. EDT, Photo, Text

___

VANCE

DESCRIPTION: Vice President JD Vance will tour a plastics facility in Michigan on Friday with Kelly Loeffler, who leads the Small Business Administration, as the Trump administration looks to highlight what it calls "America's industrial resurgence."

UPCOMING: By 03/14/2025 2:00 p.m. EDT, LiveVideo, Text, Video, Photo

___

US-TRUMP TARIFFS-KENTUCKY

DESCRIPTION: President Donald Trump's blunt-force use of tariffs has forged an unusual bipartisan alliance among Kentucky's most prominent leaders -- Democratic Gov. Andy Beshear and Republican Sens. Mitch McConnell and Rand Paul.

UPCOMING: By 03/14/2025 1:30 p.m. EDT, Photo, Text

___

CHINA-FOOD-BRANDS-EXPANSION

DESCRIPTION: Chinese food and beverage brands are gaining ground across Southeast Asia, offering alternatives to big name American chains and expanding Beijing's commercial and cultural influence in neighboring economies. The Chinese beverage giant Mixue Group has become the world's largest F&B chain by number of outlets, overtaking Starbucks and McDonalds. The company, whose brand name Mixue Bingcheng means "Honey Snow Ice City," in Chinese, is capitalizing on the region-wide sweet tooth with affordable offerings of ice cream and bubble tea. Other market stars include hotpot giant Haidilao, Fish With You sauerkraut fish restaurants, and well-known tea brands like Heytea and Chagee.

UPCOMING: By 03/14/2025 10:00 p.m. EDT, Photo, Text, Video

___

--------------------

NEW AND DEVELOPING

--------------------

FINANCIAL MARKETS

US stocks rally after their sell-off, but not by enough to keep them from a 4th straight losing week

SUMMARY: U.S. stocks are rallying, but not by enough to keep Wall Street from a fourth straight losing week. The S&P 500 rose 1% Friday, a day after closing more than 10% below its record for its first "correction" since 2023. The Dow Jones Industrial Average added 241 points, and the Nasdaq composite climbed 1.3%. Ulta Beauty helped lead the market after the beauty products retailer reported stronger profit for the latest quarter than analysts expected. Worries have been rising that U.S. consumers may pull back on their spending because of tariffs. A preliminary survey suggested U.S. consumer sentiment is souring even more.

WORDS: 764 - MOVED: 03/14/2025 10:26 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:99a47b4146ef7204ea94e0e5e46e5c26&mediaType=text

___

CN--CANADA-CARNEY-PRIME MINISTER

Former central banker Mark Carney to be sworn in as Canada's new prime minister

WORDS: 340 - MOVED: 03/14/2025 9:41 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:46b29cfb1d40a8ade38f003774934792&mediaType=text

___

US--FLORIDA CITRUS' FUTURE

Hit by storms and disease, Florida's citrus growers try to survive until bug-free trees arrive

SUMMARY: Florida's citrus growers are struggling to survive the one-two punch of hurricanes and disease. As production of the state's signature crop has declined in recent years, many citrus farmers have sold their land rather than wait for the development of a genetically modified tree that could save their groves. The downturn in the citrus industry has been a boon for developers looking to build homes for the state's rapidly expanding population. Florida has the third largest population of all U.S. states and last year the Sunshine State expanded by more than 450,000 people.

WORDS: 1014 - MOVED: 03/14/2025 9:06 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:1b15f4d51cd6df41188a1884aa38dd8e&mediaType=text

___

EU--BRITAIN-ECONOMY

UK economy unexpectedly shrinks in January, in blow to Treasury chief ahead of key statement

SUMMARY: The British economy unexpectedly shrank during January, piling pressure on Treasury chief Rachel Reeves before a key statement about the state of the public finances later this month. Official figures Friday showed that the economy, the world's sixth-largest, saw output drop by 0.1% during the month, in contrast to expectations for a modest increase and December's solid 0.4% gain. Though monthly figures are notoriously volatile and prone to future revision, the decline puts in sharp relief the struggles the Labour government, elected last July after 14 years in opposition, is having in generating growth. The monthly decline is an uncomfortable backdrop for Reeves before she delivers a budget statement to Parliament on March 26.

WORDS: 438 - MOVED: 03/14/2025 7:29 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:5ca1dae87e8db957a32e625d4b07f322&mediaType=text

___

EU--BRITAIN-COIN-LENNON

John Lennon gets honored on UK coin collection in what would have been his 85th year

SUMMARY: John Lennon is being honored in a specially minted British coin collection to mark the year the Beatles legend and peace advocate would have turned 85. The Royal Mint said Friday that the coin features a portrait of Lennon that is based on a famous image taken by music industry photographer Bob Gruen in 1974. It depicts a side profile of Lennon taken on the roof of his penthouse in New York. Lennon was shot dead by Mark David Chapman in the city on Dec. 8, 1980 at the age of 40. Lennon fans and coin collectors will be able to buy the coins from the Royal Mint's website from Monday.

WORDS: 356 - MOVED: 03/14/2025 7:14 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:0ae99e42b4e1aa1ca997740f985fcf6b&mediaType=text

___

US--PLANE FIRE-DENVER

American Airlines Boeing 737 catches fire at Denver airport

SUMMARY: Twelve people have been taken to hospitals after an American Airlines passenger plane landed at Denver International Airport and caught fire, prompting slides to be deployed so passengers could evacuate quickly. The Denver International Airport says the people taken to hospitals had minor injuries. The Federal Aviation Administration says Flight 1006 was headed from Colorado Springs to Dallas Forth Worth on Thursday. After the crew reported engine vibrations, it diverted to Denver and landed safely around 5:15 p.m. The FAA says that while taxiing to the gate, an engine caught fire.

WORDS: 301 - MOVED: 03/14/2025 6:57 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:a3fab66c0caf6b1bca541681bac82f8d&mediaType=text

___

ML--SYRIA-QATAR-ELECTRICITY

Qatar will send natural gas to Syria to increase its meager electricity supply

WORDS: 358 - MOVED: 03/14/2025 6:56 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:de3c12491048b5470b1a54beee29efd6&mediaType=text

___

CHINA-ECONOMY

China orders banks to boost lending, credit card use to get consumers to spend more

WORDS: 401 - MOVED: 03/14/2025 3:32 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:7ac99baf099083099b6b87b2d24944eb&mediaType=text

___

LT--PERU-GERMANY-ENVIRONMENTAL LAWSUIT

Peruvian farmer's case against German energy giant RWE could reshape global climate accountability

SUMMARY: A groundbreaking climate lawsuit heads to trial in Germany next week, as Peruvian farmer Saúl Luciano Lliuya challenges German energy giant RWE. The case could set a major precedent by holding large polluters legally accountable for climate change. Lliuya claims RWE's greenhouse gas emissions have fueled glacial melt above his hometown of Huaraz, Peru, causing Lake Palcacocha to swell and threaten catastrophic flooding. His lawsuit argues for corporate responsibility in climate damages, with potential global implications. RWE denies legal responsibility, asserting that climate change results from numerous global contributors and should be addressed through policy, not the courts.

WORDS: 928 - MOVED: 03/14/2025 2:23 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:4ce86fa6fdbd822f878ecf3c750ca97d&mediaType=text

___

US--FINANCIAL WELLNESS-STUDENT LOANS-TRUMP

Some student loan repayment plans have been suspended. Here's what borrowers should know

SUMMARY: The Trump administration's recent changes to student loans are causing frustration and confusion for some borrowers. In response to a February court ruling that blocked some Biden-era programs, the Education Department has taken down online and paper applications for income-driven repayment plans. The removal of application materials also has caused confusion around the recertification process for borrowers already enrolled in repayment plans, experts say. Income-driven repayment plans take a borrower's finances and family size into account when calculating monthly payments, but borrowers must periodically demonstrate they still qualify.

WORDS: 969 - MOVED: 03/14/2025 12:01 a.m. EDT

https://newsroom.ap.org/home/search?query=itemid:9fb6287fe52ed0be73719b53dd5bf90d&mediaType=text

___

Continue Reading...

Popular

Oregon agency won’t say if hackers stole data in cyberattack

PORTLAND, Ore. (AP) — Oregon's environmental agency won't say if a group of hackers stole data in a cyberattack that was first announced earlier this month.

'COVID-Like' Shortages, Empty Shelves Expected Thanks To Trump Tariffs, Experts Say

President Donald Trump's steep tariffs on Chinese imports could lead to empty store shelves and shortages for consumers in the coming weeks, experts warn. 

A "Backdoor" Way to Claim a Stake in Elon's Optimus Before Its Launch - Ad

In 2017, Elon Musk went on record to say his Optimus could be "capable of doing anything". One Silicon Valley insider has identified a little-known "backdoor" way to invest in Optimus before its launch. This under-the-radar play could deliver astronomical returns - and you can get started with as little as $100.

Odyssey Marine Exploration Stock Surges On Continued Momentum: What's Going On?

Odyssey Marine Exploration Inc. (NASDAQ: OMEX) shares are trading higher Thursday, extending the momentum from a major intraday spike driven by reports of a forthcoming U.S. executive order favoring the deep-sea mining industry.

Elon Musk's X sues to overturn Minnesota political deepfakes ban

MINNEAPOLIS (AP) — X Corp., the social media platform owned by Trump adviser Elon Musk, is challenging the constitutionality of a Minnesota ban on using deepfakes to influence elections and harm candidates, saying it violates First Amendment speech protections.

No.1 Opportunity for 2025 [Take Action Now!] - Ad

Starlink's potential IPO Could Be the Biggest in History--Silicon Valley insider James Altucher has uncovered a way to profit BEFORE the IPO--with as little as $50. Musk's $180B giant is set to launch--will you miss out? Claim your spot before it's too late.

US TV executive Gandler is the new majority shareholder of London club Leyton Orient

LONDON (AP) — American TV executive David Gandler has become the new majority shareholder at English third-tier soccer club Leyton Orient.

Elon's Greatest Invention... Hidden in South Memphis? - Ad

Tech legend Jeff Brown recently traveled to the industrial zone of South Memphis to investigate what he believes will be Elon's greatest invention ever... Yes, even bigger than Tesla or SpaceX.

Study Says You Need $1.26 Million To Retire — Here's Why The Math Says Otherwise

The Northwestern Mutual 2025 Planning and Progress Study found that Americans believe they need $1.26 million to retire comfortably. However, personalized goals, disciplined saving, and adaptability are more important than a universal estimate.

World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire" - Ad

Sam Altman, Bill Gates, and Mark Zuckerberg are all investing vast sums of money into a radical technology. According to Bloomberg, this could become 10 times bigger than AI, quantum computing, electric vehicles, cryptocurrencies, and robotics combined. And one stock is at the center of it all.

Surveillance video shows New York-to-Paris flight stowaway slipping past gate agents

NEW YORK (AP) — The woman who was able to sneak onto a New York-to-Paris flight without a boarding pass late last year was able to get on the plane by glomming onto a group of ticketed passengers as they passed gate agents, new surveillance video shows.

Trump to Unlock 15-Figure Fortune for America (May 3rd)? - Ad

This map looks ordinary--but according to insider Jim Rickards, it reveals a hidden government asset so massive . Trump may soon unlock it--learn how to position yourself before it's too late!

XRP Bullish Bets In Derivatives Market Surge As CME Group Announces Futures Offering

Derivatives traders aggressively bet on XRP's (CRYPTO: XRP) price increase amid the announcement of the coin's futures contracts on CME Group Inc. (NASDAQ:CME) on Thursday.

One Tech Tip: Thinking of buying a secondhand phone? Some tips on what to look for

LONDON (AP) — New smartphones aren’t cheap and prices could reach even higher as globe trade tensions fueled by U.S. President Donald Trump’s tariff threats throw Asian exports into turmoil.

Nvidia Is About to Shock the World: July 23rd - Ad

Jeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%, is warning everyone to... Mark this date on your calendar: July 23rd! That's when Nvidia could help send shares of this Elon Musk supplier skyrocketing higher.

Intel's Older Parts Are In Demand Thanks To US-China Trade War: 'Tariffs Have Everybody Hedging Their Bets,' Says Executive

Amid the U.S.-China trade war and economic uncertainty, Intel is seeing unexpected demand for its older chips as businesses prioritize cost and stability over cutting-edge tech.

Musk: My New Robots Could Be Bigger Than Tesla - Ad

With DOGE, Elon Musk isn't afraid of controversy. He's introduced new, humanoid Optimus robots. They'll soon be building Teslas, but that's not all they'll do. Musk also mentioned these AI-brained robots could serve as "romantic companions" for lonely people. Is this the future of AI? No one should bet against Musk.

President Trump says CBS and '60 Minutes' should 'pay a big price' for going after him

President Donald Trump bitterly attacked “60 Minutes” shortly after the CBS newsmagazine broadcast stories on Ukraine and Greenland on Sunday, saying the network was out of control and should “pay a big price” for going after him.

Donald Trump's Trade War: JPMorgan Predicts Deals, Higher Taxes and Potential Recession Avoidance

JPMorgan (NYSE: JPM) has predicted that the ongoing tariff war initiated by President Donald Trump could lead to some agreements between the US and its trade partners, along with a significant rise in tax rates.

Defi Coin Triggers All "Buy" Signals and Could Break Out Soon - Ad

Some are calling this the most promising DeFi project since Ethereum itself. Here's the #1 DeFi Coin Set to Soar. While Bitcoin grabs headlines, this lesser known DeFi coin is quietly gearing up for a monster rally. Experts say now is the time to buy before it reaches escape velocity.

Man Arrested For Arson At Pennsylvania Governor's Residence, Josh Shapiro Says, 'This Kind Of Violence Has Become Far Too Common'

A man was arrested for a targeted arson attack on Pennsylvania Governor Josh Shapiro's residence while he and his family were inside, prompting attempted murder and terrorism charges.

New Study: 50 Stocks Will Crash While 7 MAGA Stocks Will Soar - Ad

If you own any of these stocks -- directly or through mutual funds -- I want to encourage you to sell them before April 30th. I've compiled all 50 companies in my "MAGA Blacklist" report. Your retirement could depend on seeing this list.

US Futures Gain Amid Back-To-Back Gains On Wall Street, Nikkei Opens In The Green, Dollar Edges Higher

U.S. stock futures are up Thursday night following three back-to-back days in the green during the regular session, amid growing earnings optimism and easing trade tensions.

Trader Dumps TRUMP Tokens Before Presidential Dinner Revelation: Meal Cost Early Seller $4.5 Million

A trader missed making millions in profit due to the premature selling of Official Trump (CRYPTO: TRUMP) tokens ahead of a bullish announcement on Wednesday.

Maverick Trader Reveals 97% Accurate System - Ad

This man's simple strategy makes money in any market...With a 97% accuracy at hitting winners over the past 8 years!

Regeneron Expands US Manufacturing With $3 Billion Fujifilm Deal

Regeneron signs $3 billion deal with FUJIFILM to expand biologics manufacturing in North Carolina, boosting U.S. capacity and long-term production.

The Most Important "AI Stock" You've Never Heard Of - Ad

The AI revolution is moving faster than anyone expected. But what no one is talking about is the one company AI simply can't exist without. It may be the single most important AI investment, yet most people don't even know its name. For now. The moment Wall Street catches on, this $20 stock could explode.

Why Barrick Gold Stock Is Trading Lower

Barrick Gold Corp (NYSE:GOLD) shares are trading lower by 4.5% to $19.08 during Wednesday’s session.

Trump nominee withdraws after her criticism of the Jan. 6 Capitol attack surfaces

BILLINGS, Mont. (AP) — President Donald Trump's nominee to oversee an agency that manages has withdrawn her nomination following revelations that she criticized the Republican president in 2021 for inciting the Jan. 6 attack on the U.S. Capitol.

Biggest Dividend Payout in U.S. History: $1 Trillion up for Grabs! - Ad

Trump just launched a $1 trillion National Investment Fund to replace income taxes and send direct payouts to Americans. You could claim up to $21,307--before the first public checks go out. This is historic. Act now to be first in line.

Rep. Marjorie Taylor Greene bought stocks hit hard by Trump tariffs during the market meltdown

NEW YORK (AP) — Give Marjorie Taylor Greene credit where it’s due: As stocks tanked on tariff fears, she showed her faith in the president not just with words but dollar bills.

You Can Take a Stake in Elon's xAI Before May 1st... - Ad

Elon Musk's private AI firm xAI may have just leapfrogged ChatGPT and Google's Gemini--building what experts call the future of AI. For the first time, you can take a stake starting at $500.

South Carolina Senate seek at hearing to remove state treasurer over $1.8B accounting error

COLUMBIA, S.C. (AP) — South Carolina's Republican-dominated Senate and its elected Republican treasurer faced off Monday in an extraordinary hearing as senators try to kick the treasurer over a $1.8 billion accounting error.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service