News

The US stock market has experienced significant volatility in March due to President Trump's tariff announcements, but experts emphasize that this is a normal part of investing and advise against panic selling. Instead, investors should focus on long-term goals, maintain a diversified portfolio, and stay calm during market fluctuations.

Gene testing company 23andMe has filed for Chapter 11 bankruptcy protection in order to facilitate its sale, marking a significant turn for the company after years of grappling with financial challenges and strategic uncertainties. The move comes amidst ongoing efforts to find a sustainable business model, with CEO Anne Wojcicki stepping down from her leadership role but remaining on the board of directors.

Former Facebook executive Sarah Wynn-Williams claims Meta is blocking her from speaking to Congress about her experiences at the company, including allegations of sexual harassment and the company's interactions with the Chinese government. Wynn-Williams' memoir, "Careless People," has drawn scrutiny from Meta, which claims the book contains false accusations and violates a non-disparagement agreement.

Southwest Airlines will begin charging for the first and second checked bags starting May 28, ending a long-standing policy that has been a key part of the airline's identity. The decision comes after Southwest started selling tickets through third-party websites, which showed customers were choosing price regardless of the airline's generous baggage policy.

Citigroup mistakenly credited a customer's account with $81 trillion instead of $280, highlighting ongoing operational issues despite efforts to address them. The error was caught and reversed, but the incident underscores the need for Citigroup to prioritize and effectively address its internal controls and risk management practices.