Archive.fm

Headline News from The Associated Press

AP Headline News - Mar 04 2024 11:00 (EST)

Duration:
5m
Broadcast on:
04 Mar 2024
Audio Format:
mp3

AP News. Good morning. I'm Ed Donohue. In response to efforts in Colorado, Illinois, and Maine to remove former President Donald Trump from the Presidential Primary Ballot because of the Capitol riot. The Supreme Court rejected the attempts. The AP's Mark Sherman is at the Supreme Court. The court ruled that Congress must act before states can undertake efforts to kick the former president off the ballot. Trump's case was the first at the Supreme Court dealing with a provision of the 14th amendment adopted after the Civil War to prevent former officeholders who engaged in insurrection from holding office again. Former Trump Organization Chief Financial Officer Alan Weisselberg has surrendered to New York City prosecutors to face new charges. The AP's Julie Walker is in New York. The Manhattan District Attorney did not immediately disclose the nature of the charge, but people familiar with the investigation had previously told the Associated Press that prosecutors were considering charging 76-year-old Alan Weisselberg with lying under oath during his testimony at Donald Trump's civil business fraud trial in October. Weisselberg's lawyer did not immediately return a request for comment. Trump is appealing the judge's ruling, ordering him to pay more than $454 million in fines and interest for submitting fraudulent information about his asset values on years of financial records. I'm Julie Walker. A powerful blizzard has moved away from the Sierra Nevada, but forecasters say more snow is on the way in California and Nevada. Areas around Lake Tahoe got as much as seven feet of snow. Strong winds are spreading flames from a huge wildfire in Texas. A small town has been evacuated. After a court stepped in to block it, JetBlue says it ended its plan to merge with spirit airlines. The Justice Department sued to block the merger last year, saying it would reduce competition and drive-up fares. This is AP News. I'm Seth Sutel and this is Markets in a Minute. Stocks are drifting around their record heights ahead of a busy week. The S&P 500 was 1/10th of a percent lower early Monday. The benchmark index is coming off its latest all-time high and its 16th winning week in the last 18. The Dow fell 110 points, it's about 3/10 percent. The Nasdaq composite fell 2/10th of a percent. Later this week, Federal Reserve Chair Jerome Powell will speak before Congress. What he says could sway expectations for when the Fed will start cutting interest rates. The Fed is now expected to make its first cut in June. The latest monthly jobs report arrives at the end of the week. In Japan, the Nikkei 225 topped 40,000 points for the first time. Treasury yields rose in the bond market. The yield on the 10-year Treasury climbed to 4.22 percent. Seth Sutel, New York. Apple is being fined nearly $2 billion by the European Union over music streaming competition. Apple says it will appeal. I'm Ed Donahue, AP News. ADP knows anything you hear, anything you don't hear, anything you kind of heard, anything you weren't supposed to hear and now have to pretend like you didn't, can change the world of work. From HR to payroll, ADP designs forward-thinking solutions to take on the next anything. Is there anything more satisfying than finding something that perfectly lines up with your taste and checks all the boxes? Like getting the perfect fit with a suit from Indochina? Their suits are made to measure and totally customizable with endless options. From timeless classics to bold statements, you can express your style exactly how you want. Choose your own cut, fabric, lining, buttons, lapels, and more to create the suit of your dreams. All at a surprisingly affordable price. They also offer fully customizable blazers, pants, outerwear, women's wear, and more. Every Indochino piece is made to your exact measurements, and they make getting measured easy. Simply set up your measurement profile in less than 10 minutes. You can send your measurements online from the comfort of your home or make an appointment at one of our showrooms. Find the perfect fit with Indochino. Go to Indochino.com and use code PODCAST to get 10% off any purchase of $3.99 or more. That's 10% off with code PODCAST. When everyone is on the same page, getting things done is easy. Make a bigger impact at work with Grammarly. Grammarly is your secure AI writing partner that enables your team to make their point and move faster. You can even save time by going from spending hours editing drafts to just seconds. Join the 96% of Grammarly users that say it helps them craft more impactful writing. Sign up and download Grammarly for free at gremmerly.com/podcast. That's gremmerly.com/podcast. Easier said. Done. Spring? Is that you? Warmer temps mean new all bird styles. Meet the super light collection, the lightest ever shoes from all birds, now in fresh colors. These must have travel shoes have a lighter-than-air feel and barely their fit that made them the most packable shoes ever. That means more comfort and less baggage. Try the super light tree runner with a cushy foam midsole and breathable eucalyptus fiber upper. Plus, they're comfy right out of the box. So what can you do in a super light shoe? What can't you do is the better question. And because they're super packable, the real question is, where are you taking them? Experience how all birds redefines comfort. Visit allbirds.com and use code super24 for a free pair of socks with a purchase of $48 or more. That's a-l-l-v-i-r-d-s.com. Code super24.