Early current-quarter App Store data is promising for Apple's key growth business

• Yield curve steepens ahead of key jobs data

  The yield curve steepened in early action with key data looming on the health of the jobs market.
  
  MarketWatch - 3h

• Apple’s Vision Pro has a problem a year into its existence: Not enough apps

  Apple said in August that the Vision Pro had 2,500 apps. According to one firm's analysis, fewer than 1,900 remain active.
  
  CNBC - Feb. 21
• 

  Apple commits to $500bn US investment and promises 20,000 new jobs

  The iPhone giant's $500bn investment plan includes a new factory in Texas, as well as money spent on suppliers.
  
  BBC News - Feb. 24
• 

  Apple promises to fix dictation bug that replaces ‘racist’ with ‘Trump’

  Glitch comes as iPhone maker seeks to shore up its relationship with the US president
  
  Financial Times - Feb. 26

• Joann closing all of its remaining stores and going out of business

  Fabric and crafts retailer Joan is closing all of its remaining stores after failing to find a buyer that would keep them open.
  
  CBS News - Feb. 24
• 

  Financially Frayed Joann Unravels and Will Close its Stores and Go Out of Business

  The fabric and crafts retailer filed for Chapter 11 bankruptcy last month, and will now fold up its operations.
  
  Inc. - Feb. 25

• Seven & i set to list North American 7-Eleven store business

  Japanese group also planning $13bn share buyback and non-core assets sale under new chief as it fights takeover
  
  Financial Times - 3h

• Flu vaccine this season may be poorly matched, early CDC data suggests

  Lab tests suggest a strain of the flu virus circulating this season may not be "well-recognized" by the flu vaccine.
  
  CBS News - Feb. 25

• Utah becomes first state to pass bill making app stores verify ages

  Utah has become the first state to pass legislation requiring app stores to verify users' ages and get parental consent for minors to download apps to their devices.
  
  CBS News - 1h

More from CNBC

• Layoff announcements soar to the highest since 2020 as DOGE slashes federal staff

  U.S. employers announced 172,017 layoffs for the month, up 245% from January and the highest monthly count since July 2020
  
  CNBC - 48m

• Global bonds sell off as investors react to Trump's tariffs and a German 'paradigm shift'

  Government bonds were selling off all over the world on Thursday, with German borrowing costs hovering at multi-decade highs.
  
  CNBC - 1h

• Macy's turnaround starts to take shape, but ailing stores weigh on quarterly results

  Macy's is in the midst of an aggressive strategy to close underperforming stores and invest in better performing locations as it looks to reverse sales slump.
  
  CNBC - 1h

• Lufthansa hopeful Trump administration will spur Boeing deliveries as delays hit bottom line

  The German airline group has been struggling with its ageing fleet as hundreds of newer models face delivery delays.
  
  CNBC - 51m

• Rare Michael Jordan, Kobe Bryant rookie jerseys expected to sell for $20 million at auction

  Sotheby's is auctioning off Michael Jordan and Kobe Bryant rookie jerseys. The sale comes as rookie memorabilia sees a surge in popularity and pricing.
  
  CNBC - 53m

More in Business

• My husband gave his credit card to his son to pay for ‘medical bills.’ Does this kind of support send the wrong message?

  “This young man has been enabled financially by both of his parents, but especially by his mom.”
  
  MarketWatch - 13m
• 

  Macy’s Signals a Rocky Year Ahead as Trade War Looms

  The largest department store chain in the U.S., like other retailers recently, warned that consumers may be more cautious with their money in the months ahead.
  
  The New York Times - 15m
• 

  ECB cuts interest rate to 2.5%

  Rate-setters shift tone, suggesting possible pause to reductions in borrowing costs
  
  Financial Times - 21m

• ‘Why am I so afraid to retire?’ I’m 60 and lost $1.2 million in a divorce. Can I rebuild my life?

  “If the rule of 4% is applied, I could use savings and the proceeds from my house sale to buy a condo, and at 62 draw $110,000 per year.”
  
  MarketWatch - 22m

• European Central Bank cuts rates again, says policy is becoming 'meaningfully less restrictive'

  The ECB cut interest rates by 25 basis points and updated the language in its decision to say monetary policy was becoming "meaningfully less restrictive."
  
  CNBC - 25m