Business News

AM Business Notebook 

For: March 27, 2026  

>>Trading Week Winding Down 

(New York, NY)  --  The opening bell rings this morning on Wall Street as the trading week begins to wind down.  Stocks closed lower Thursday as investors kept their eye on developments from the nearly month long U.S.-Israeli war with Iran, which has caused a steep rise in oil prices.  At the closing bell, the Dow Jones Industrial Average lost 469 points to 45-960.  The S&P 500 fell 114 points to 64-77.  The Nasdaq dropped 521 points to 21-408.

 

>>Post Office Wants Fuel Surcharge

(Washington, DC)  --  The U.S. Postal Service wants to impose an eight-percent fuel surcharge for package and express mail deliveries.  The temporary measure aims to reduce the impact of rising oil costs since the Iran war began.  The charge would need approval from the  Postal Regulatory Commission and would last from late April into January of next year.  

 

>>Netflix Raises Subscription Prices  

(Los Gatos, CA)  --  Netflix is raising its subscription prices for the second time in just over a year.  The new prices were unveiled on Netflix's website Thursday.  The cheapest plan, standard with ads, will now cost nine-dollars a month, an increase of one-dollar.  A standard ad-free plan is going up two-bucks to 20-dollars a month.  Meanwhile, the highest tier premium plan will now run subscribers 27-dollars a month.

 

>>Judge Dismisses Lawsuit By Musk's X Corp 

(Dallas, TX)  --  A federal judge is dismissing a lawsuit brought by the social platform X against a coalition of advertisers.  X sued the World Federation of Advertisers and its Global Alliance for Responsible Media initiative in 2024, alleging the group violated antitrust laws by conspiring to "collectively withhold billions of dollars in advertising revenue" by organizing a boycott against the social media company.  The judge found that X did not suffer any antitrust injury and the court did not have jurisdiction over several of the companies in the lawsuit. 

 

>>Trader Joe's Food Added To Nationwide Mass Recall

(Undated)  --  Over three million pounds of Trader Joe's food is being added to a nationwide mass recall.  Ajinomoto Foods North America initiated a recall on Trader Joe's Japanese Style Fried Rice with Edamame, Tofu, and Hijiki Seaweed in early March and it was designated as a Class 2 by the FDA last week.  The updated classification means exposure to the product may cause temporary or medically reversible adverse health consequences.  According to an enforcement report posted to the FDA's website, the recall was issued due to the presence of glass.


 

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