To comply with a European Union competition law taking effect on March 7, Apple announced major changes to the App Store and other services for consumers in Europe. – Business Insider announced that it is laying off 8% of its staff, the latest in a wave of sharp job cuts in the media industry this month. – U.S. Treasury Secretary Janet Yellen defended the Biden administration's economic agenda on Thursday, drawing sharp contrasts with the policies of the Trump administration.
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