Business News

AM Business Notebook 

For: March 25, 2026

>>Ahead Of The Bell 

(New York, NY)  --  The opening bell rings this morning after stocks closed lower on Wall Street yesterday.  The major averages trimmed some losses in late trading despite a selloff in tech shares.  Uncertainty over the status of Iran talks also weighed on investor sentiment.  At the closing bell, the Dow Jones Industrial Average lost 84 points to 46-124.  The S&P 500 fell 24 points to 65-56.  The Nasdaq dropped 184 points to 21-761.

 

>>NM Jury Rules Against Meta

(Santa Fe, NM)  --  A jury in New Mexico says Meta failed to safeguard its Facebook and Instagram apps from online predators targeting kids.  The ruling on Tuesday follows weeks of testimony that pitted the state against the social media giant in a civil case that could impact several similar cases across the U.S.  Meta must now pay 375-million-dollars in damages for violating New Mexico's unfair practices act.  Meta says it will appeal the ruling.

 

>>Gallup: Americans Pessimistic About Job Outlook

(Washington, DC)  --  Americans' outlook on the job market right now is increasingly sour.  A new Gallup survey shows a paltry 28-percent of American workers think right now is a good time to find a job, and 72-percent say it's a bad time.  The survey falls in line with the Federal Reserve's recent report showing that while the U.S. economy is in good shape, the labor market remains sluggish.  The new survey was taken during the last three months of 2025.  In mid-2022, Gallup reported 70-percent said it was a good time to find a job.

 

>>OpenAI To Shut Down Gen-AI App Sora, Disney Backs Out

(Undated)  --  OpenAI is shutting down the generative-AI video creation platform Sora.  The announcement was made Tuesday, and according to multiple reports Disney is now exiting the deal they signed with the company three months ago.  The deal would've allowed users to generate videos with a set of more than 200 characters from Disney, Marvel, Pixar and Star Wars films.  Disney also planned to make a one-billion-dollar equity investment in the company.  OpenAI says more details will come soon, including timelines for the shutdown of the app.

 

>>Epic Games To Lay Off 1,000 Employees

(Cary, NC)  --  The company behind "Fortnite" is planning to layoff one-thousand employees.  Epic Games CEO Tim Sweeney made the announcement to employees in a memo Tuesday.  He said a downturn in "Fortnite" engagement that started last year means the company is spending significantly more than it's making.  Sweeney went on to say the layoffs are part of a plan to cut 500-million dollars in costs.  Epic Games previously cut more than 800 jobs in 2023.

 

>>Samsung TV Plus Introduces New Interactive Shopping Service On Amazon

(Undated)  --  Samsung TV Plus is introducing new interactive shopping capabilities.  Samsung and Amazon are teaming up to give users the chance to shop from Amazon via their remote control.  Samsung Ads will also have new features in their ad formats, including product galleries, vertical video and a "click-to-email" button.  The new service is set to launch in July.

 

>>McDonald's Reveals 'KPop Demon Hunters' Meals 

(Undated)  --  McDonald's is releasing new meals inspired by "KPop Demon Hunters."  The company is releasing the HUNTR/X Meal, which includes a ten-piece chicken nugget, medium soft drink and three limited-time menu items, including Rameyon McShaker Fries, Hunter and Demon Sauce.  Breakfast goers are able to get the Saja Boys Breakfast Meal, which includes a Spicy Saja McMuffin, hash browns and a small soft drink.  Each meal also includes exclusive photocards of the characters and a Derpy access card, which gives fans first access to exclusive content.  The meals are available to purchase starting March 31st.  


 

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