LOS ANGELES--(BUSINESS WIRE)--Feb 27, 2026--
The seventh paragraph should read: The following businesses also earned the distinction of being in the 125 th Anniversary Club by committing to raise $12,500 or more in honor of CHLA’s 125 th anniversary: Agent Nateur, Alfred, Alltroo, Babylist, Chicco, Delta Air Lines, Eataly, GUESS Foundation, Irene Neuwirth, LA Kings, Los Angeles Marathon, Nuna, Pampers, Porto’s Bakery and Café, and Prologis.
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The updated release reads:
CHILDREN’S HOSPITAL LOS ANGELES LAUNCHES 11 TH ANNUAL MAKE MARCH MATTER® FUNDRAISING CAMPAIGN
More than 90 Southern California businesses will rally individuals during March in support of pediatric health and research at CHLA
Children’s Hospital Los Angeles (CHLA) launched its 11 th annual Make March Matter campaign today with a kickoff event featuring actor, musician, and CHLA supporter John Stamos. Saving lives is everyone’s business, and the month-long fundraising drive galvanizes local businesses to rally community participation to raise $1 million or more in March to support children’s health in Los Angeles.
“March is an exciting time as local businesses and the community join forces to support our hospital’s mission of creating hope and building healthier futures,” says Children’s Hospital Los Angeles President and Chief Executive Officer Paul S. Viviano. “This year’s campaign is even more special as it coincides with CHLA’s 125 th anniversary. We are deeply honored that so many Make March Matter businesses are marking our incredible milestone with generosity, helping us set the stage for the next 125 years of world class pediatric medical care.”
Since the campaign’s launch in 2016, more than 500 businesses have raised over $15 million for the hospital through special restaurant menu items, shopping events, cooking classes, and much more. Participating in Make March Matter is easy: Individuals can shop, dine, or attend an event with one of the Make March Matter businesses, and funds will be donated to Children’s Hospital Los Angeles.
Businesses and individuals across the southland have pledged to support CHLA throughout the month of March. Each business has selected a unique way to contribute to the campaign’s collective impact, such as selling specific items and donating the proceeds to CHLA or devoting a portion of sales for the entire month to the hospital.
This year's Make March Matter Presenting Partners—Credit Unions for Kids, Panda Express, and model, actress, producer, and television personality Heidi Klum—have each committed to raising or giving $100,000 or more.
The following businesses also earned the distinction of being in the 125 th Anniversary Club by committing to raise $12,500 or more in honor of CHLA’s 125 th anniversary: Agent Nateur, Alfred, Alltroo, Babylist, Chicco, Delta Air Lines, Eataly, GUESS Foundation, Irene Neuwirth, LA Kings, Los Angeles Marathon, Nuna, Pampers, Porto’s Bakery and Café, and Prologis.
For a complete list of participating businesses and events taking place throughout March, or to donate, go to MakeMarchMatter.org. Individuals may also share how they are supporting the campaign on social media by following @GetInvolvedCHLA on Instagram and using #MakeMarchMatter.
Make March Matter
Make March Matter is an annual fundraising campaign that builds awareness and support for children’s health in Los Angeles. The campaign supports Children’s Hospital Los Angeles, a nonprofit pediatric academic medical center offering more than 350 specialty programs and services. The goal of the campaign is to raise $1 million or more to ensure all patients at Children’s Hospital Los Angeles receive the critical, lifesaving care they need. Saving lives is everyone’s business.
About Children’s Hospital Los Angeles
Children’s Hospital Los Angeles is at the forefront of pediatric medicine and is the largest provider of hospital care for children in California. Since its founding in 1901, CHLA has delivered a level of pediatric care that is among the best in the world. Ranked one of the top 10 children’s hospitals in the nation by U.S. News & World Report, Children’s Hospital Los Angeles provides comprehensive and compassionate care to one of the largest and most diverse pediatric patient populations in the country. The hospital is the top-ranked children’s hospital in California and the Pacific U.S. region for 2025-26. A leader in pediatric research, CHLA is among the top 10 children’s hospitals for research funding from the National Institutes of Health. The Saban Research Institute of Children's Hospital Los Angeles supports the full continuum of research, translating scientific discoveries into life-changing treatments for patients around the globe. As a pediatric academic medical center, CHLA is also home to one of the largest graduate education programs for pediatricians in the United States. The hospital’s commitment to building stronger, healthier communities is evident in CHLA’s efforts to enhance health education and literacy, introduce more people to careers in health care, and fight food insecurity. To learn more, follow CHLA on Facebook, Instagram, LinkedIn, YouTube, and X, and visit CHLA.org.
Back: Jillian Green, Associate Vice President of Corporate Partnerships; Alexandra Carter, Senior Vice President and Chief Development Officer; John Stamos, actor, musician, and CHLA supporter; Paul S. Viviano, President and Chief Executive Officer; CHLA patient Sasha; Dawn Wilcox, Vice President of Development and Corporate Partnerships. Front: CHLA patients Nano, Julie Rose, Elliott, and Pierce.
NEW YORK (AP) — U.S. stocks are sinking Friday as Wall Street gets back to hunting companies that could become losers because of the artificial-intelligence revolution. A surprisingly discouraging update on inflation is also hurting the market, while oil prices climb with worries about tensions between the United States and Iran.
The S&P 500 fell 0.7% and is staggering toward the finish of what would be just its second losing month in the last 10. The Dow Jones Industrial Average was down 589 points, or 1.2%, as of 10:40 a.m. Eastern time, and the Nasdaq composite was 0.8% lower.
The losses came as investors returned to knocking down software companies and others whose businesses could end up getting supplanted by AI-powered competitors.
Block, the company behind Cash App, Square and other businesses, gave a signal of what AI could do after CEO Jack Dorsey said he was cutting its workforce by nearly half. That’s even though he said 2025 was a strong year for the company, which is sending more cash to shareholders through stock buybacks.
“Intelligence tools have changed what it means to build and run a company,” Dorsey said in a letter to shareholders while announcing Block’s latest profit results. “We’re already seeing it internally. A significantly smaller team, using the tools we’re building, can do more and do it better.”
The co-founder of Twitter also said, “I don’t think we’re early to this realization. I think most companies are late. Within the next year, I believe the majority of companies will reach the same conclusion and make similar structural changes.”
Block is cutting more than 4,000 jobs from its workforce of over 10,000. Its stock jumped 17.8%.
Capable AI tools that can replace humans could also replace entire companies, or at least eat away at their profit margins. Fears about AI disruption have been causing sudden and swift sell-offs for stocks seen as potentially under threat, rolling through industries as different as trucking logistics and legal services.
Salesforce, whose platform helps customers manage their relationships with clients, fell 3.7%. It gave back most of its 4% gain from the day before after reporting a better profit than analysts expected.
A widely followed ETF tracking the software industry, meanwhile, sank 1.9% to bring its loss for the year so far to 23.3%. The pain has also filtered out to private-equity companies that have lent money to software companies, which need to withstand the AI threat to keep repaying their debt. Blue Owl Capital fell 4.2%.
Even the companies currently seeing their revenue and profits soar because of AI-related demand are weakening. Nvidia fell 1.6% and was the heaviest weight on the U.S. stock market, a day after dropping to its worst loss since last spring. That's even though it reported a better profit than analysts expected and forecast more in revenue for the current quarter.
Rival chip companies also fell. Worries are hurting such companies not only about whether their stock prices rose too high in recent years but also whether the huge spending driving their growth can continue. Can big spenders like Amazon and Alphabet make back all their billions of dollars in AI investments through higher productivity and profits in the future?
On the winning side of Wall Street was Netflix, which climbed 8.4% after walking away from its bid to buy Warner Bros. Discovery’s studio and streaming business. That put Skydance-owned Paramount in a position to take over its Hollywood rival.
Paramount Skydance shares jumped 10.2%, while Warner Bros. Discovery fell 1.6%.
Some of the strongest action in financial markets was for oil, where the price for a barrel of benchmark U.S. crude oil rose 2.8% to $67.04. It's the latest swing in the market that's been hit by worries about rising tensions between the United States and Iran over Iran’s nuclear program.
The U.S. military has already gathered a massive fleet of aircraft and warships in the Middle East, and a conflict could disrupt the global flow of oil and drive prices higher.
Brent crude, the international standard, rose 2.7% to $72.73 per barrel.
Also hurting the broad market was a report showing that inflation at the U.S. wholesale level was at 2.9% last month, much higher than the 1.6% that economists expected.
The number was so much worse than expected that it could help persuade the Federal Reserve to hold off longer on its cuts to interest rates. Lower rates would give the economy and prices for investments a boost, but they risk worsening inflation at the same time.
In the bond market, the yield on the 10-year Treasury was at 3.98%. It briefly swiveled higher following the inflation report, but it’s down from its 4.02% level late Thursday. Treasury yields often fall when nervousness is high and investors are moving into investments that are considered safer.
ln stock markets abroad, indexes were mixed in Europe and Asia. South Korea’s Kospi fell 1% from its latest record, and Hong Kong’s Hang Seng rose 0.9% in two of the world’s larger moves.
AP Business Writers Matt Ott and Elaine Kurtenbach contributed.
Trader John Romolo works on the floor of the New York Stock Exchange, Friday, Feb. 20, 2026. (AP Photo/Richard Drew)
Specialist Thomas McArdle works at his post on the floor of the New York Stock Exchange, Friday, Feb. 20, 2026. (AP Photo/Richard Drew)
Trader Timothy Nick, left, and Robert Charmak work on the floor of the New York Stock Exchange, Friday, Feb. 20, 2026. (AP Photo/Richard Drew)
People walk near an electronic stock board showing Japan's Nikkei index at a securities firm Thursday, Feb. 26, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
A person stands as a vehicle passes by in front of an electronic stock board showing Japan's Nikkei index at a securities firm Thursday, Feb. 26, 2026, in Tokyo. (AP Photo/Eugene Hoshiko)
A currency trader watches a monitor near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top left, at the foreign exchange dealing room of the Hana Bank headquarters, in Seoul, South Korea, Friday, Feb. 27, 2026. (AP Photo/Ahn Young-joon)
A currency trader passes by a screen showing the Korea Composite Stock Price Index (KOSPI), left, at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Friday, Feb. 27, 2026. (AP Photo/Ahn Young-joon)
Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), top center, and the foreign exchange rate between U.S. dollar and South Korean won, top center left, at the foreign exchange dealing room of the Hana Bank headquarters, in Seoul, South Korea, Friday, Feb. 27, 2026. (AP Photo/Ahn Young-joon)
