>>Trading Week Winding Down
(New York, NY) -- The opening bell rings this morning after a down day on Wall Street Thursday. At the closing bell, the Dow Jones Industrial Average lost eleven points to 41-953. The S&P 500 went down by 12 points to 56-62. The Nasdaq lost 59 points to 17-691.
>>EU Delays Retaliatory Tariffs
(Brussels) -- The European Union is delaying the first retaliatory tariffs on U.S. goods. The tariffs will now go into effect in mid-April to allow for more time for negotiations. Tariffs on U.S. goods such as whiskey and clothing items were set to be implemented on April 1st. The EU had announced the tariffs in response to President Trump's decision to place tariffs on European aluminum and steel. An EU spokesperson said the slight change in timeline will not diminish the impact of the EU's response.
>>Cybertruck Recall
(Austin, TX) -- Tesla's Cybertruck is facing another recall. This time it cannot be fixed with a software update. The recall notice, issued by the NTSB, says there is a safety issue relating to a cosmetic panel that could fall off, creating a road hazard. This is the second time there has been a recall due to the adhesive, used to attach the trim pieces. Last June, there were problems with a metallic strip that ran along the trunk bed, which was also coming unglued.
>>DoorDash To Partner With Klarna
(San Francisco, CA) -- DoorDash says it's partnering with a finance company to give customers more ways to pay. The delivery app said Thursday it will be working with Klarna, a buy now, pay later app, in the coming months. In a news release Thursday, Door Dash said Klarna will offer a "seamless range of payment options" that can be used to buy groceries, fast food or anything else. DoorDash says the partnership with Klarna will "empower customers with maximum choice and control over how they pay."
>>Celtics Sold In Record Deal
(Boston, MA) -- The Boston Celtics are being sold to a new owner in a record-setting deal. Symphony Technology Group managing partner Bill Chisholm has reportedly agreed to purchase the NBA franchise for just over six-billion dollars. It's the largest sale of a North American sports franchise in history. The Grousbeck family made a massive profit off the sale, having initially purchased the Celtics for 360-million in 2002.
>>NY Gets 30-Day Reprieve On Ending Congestion Pricing Toll
(New York, NY) -- New York is getting a 30-day reprieve on ending its congestion pricing toll. With just a day to go before the deadline, Transportation Secretary Sean Duffy posted a "30-day extension" notice to social media on Thursday. He said that talks are ongoing but that continued non-compliance with the federal order to stop the program will not be taken lightly. Governor Kathy Hochul told President Trump in a recent White House meeting that she will not turn the cameras off. Duffy's social media post threatened New York, saying "Know that the billions of dollars the federal government sends to New York are not a blank check."
>>Cargo Movement At Port Of Los Angeles Remains Strong
(Los Angeles, CA) -- Cargo volume at the Port of Los Angeles remains strong. The Port of L.A. has been the number-one container port in the U.S. for 25 consecutive years. After a record start to 2025, Port of Los Angeles cargo volume remained high through February with two-and-a-half-percent more volume moved this year than last, marking the second-busiest February on record. Port of L.A. Executive Director Gene Seroka says for 17 of the last 19 months, the port has experienced year-over-year cargo growth, all without shipping delays or back-ups. Seroka says many retailers and manufacturers have been importing their products through Los Angeles earlier than usual as a hedge against tariffs.
