Business News

AM Business Notebook 

For: March 17, 2026  

>>Ahead Of The Bell 

(New York, NY)  --  The opening bell rings this morning after stocks closed higher and oil prices fell below 95-dollars a barrel on Monday.  Stocks rallied to start the week as President Trump called for an international effort to protect shipping in the Strait of Hormuz.  Meta shares gained more than two percent on a report the company is planning to layoff more than 20 percent of its workforce.  At the closing bell, the Dow Jones Industrial Average gained 387 points to 46-946.  The S&P 500 rose 67 points to 66-99.  The Nasdaq climbed 268 points to 22-374.

 

>>Gas Prices Jump 

(Heathrow, FL)  --  The pain at the pump continues as gas prices have jumped again.  The national average for a gallon of regular has hit three-dollars and 79 cents, according to Triple-A.  That's up from three-71 on Monday.  A week ago, the national average was at three-53.  Drivers in California continue seeing the highest prices at five-dollars and 54cents a gallon.

 

>>Federal Reserve To Announce Interest Rate Decision Tomorrow 

(Undated)  --  The Federal Reserve is due to announce a decision on interest rates tomorrow.  The central bank is widely expected to hold its benchmark interest rate unchanged when it wraps up its two-day meeting.

 

>>Hyundai Halts Sales Of Palisade SUVs

(Fountain Valley, CA)  --  Hyundai is halting sales of certain 2026 Palisade SUVs after the death of a two-year-old girl in Ohio earlier this month.  The company is announcing a major recall due to a problem with the power-folding seats which may fail to detect contact with an occupant or object.  The incident involved a Palisade SUV and affected models include the 2026 Palisade Limited and Calligraphy trims.  Hyundai has expressed its deepest sympathies to the family of the child and is working with the National Highway Traffic Safety Administration on the recall.  

 

>>Encyclopedia Britannica  Sues OpenAI

(Chicago, IL)  --  The 200-year-old company behind the Merriam Webster dictionaries is suing OpenAI.  Encyclopedia Britannica says the artificial intelligence firm is infringing on its copyrighted material by using the dictionary's online articles to train its technology.  Britannica says this has "cannibalized" its web traffic, and led to lost ad revenue.  The New York Times has a similar ongoing lawsuit against OpenAI.

 

>>Meat Packing Workers Go On Strike In Colorado

(Greeley, CO)  --  Workers are on strike at one of the country's largest meat-packing companies.  Thousands of union workers at JBS in Greeley, Colorado took to the picket lines on Monday, demanding better wages and safer working conditions.  
 

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