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By ANNE D’INNOCENZIO, AP Retail Writer

Target will stop selling cereals containing synthetic colors by the end of May.

The Minneapolis-based discounter said Friday it had been phasing out synthetic colors in cereals for several years. Right now, 85% of its cereal sales already come from products made without synthetic dyes.

Target said it has worked with national brands and its private brands to reformulate products as needed. Some cereals — including Trix and Lucky Charms, which are made by General Mills — will have updated formulations, Target said. Target said it will no longer carry brands that don’t reformulate, but it didn’t name the brands.

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By MICHELLE CHAPMAN, AP Business Writer

ChatGPT maker OpenAI has received $110 billion in funding from Amazon, SoftBank and Nvidia, putting the technology company’s pre-money valuation at $730 billion.

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Amazon is leading the trio of tech heavyweights in commitments, putting up $50 billion, followed by $30 billion each from Nvidia and SoftBank, said OpenAI co-founder and CEO Sam Altman on Friday. Other investors are anticipated to join as the funding round progresses.

Amazon will start with an initial $15 billion investment and will invest an additional $35 billion in the coming months under preset conditions. read more

By BARBARA ORTUTAY and KAITLYN HUAMANI, AP Technology Writers

Social media addiction has been compared to casinos, opioids and cigarettes.

While there’s some debate among experts about the line between overuse and addiction, and whether social media can cause the latter, there is no doubt that many people feel like they can’t escape the pull of Instagram, TikTok, Snapchat and other platforms.

The companies that designed your favorite apps have an incentive to keep you glued to them so they can serve up ads that make them billions of dollars in revenue. Resisting the pull of the endless scroll, the dopamine hits from short-form videos and the ego boost and validation that come from likes and positive interactions, can seem like an unfair fight. For some people, “rage-bait,” gloomy news and arguing with internet strangers also have an irresistible draw.

Much of the concern around social media addiction has focused on children. But adults are also susceptible to using social media so much that it starts affecting their day-to-day lives. read more

By CHEYANNE MUMPHREY

FLAGSTAFF, Ariz. (AP) — Interested in starting a business, learning about artificial intelligence or exploring a new hobby? There’s a class for that.

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Millions of U.S. adults enroll in credit and non-credit college courses to earn professional certificates, learn new skills or to pursue academic degrees. Some older students are seeking career advancement, higher pay and job security, while others want to explore their personal interests or try new things.

“They might have kids, they might be working full-time, they might be older non-traditional students,” said Eric Deschamps, the director of continuing education at Northern Arizona University in Flagstaff, Arizona. But returning to school “opens doors to education for students that might not have those doors open to them otherwise.” read more

By PAUL WISEMAN, AP Economics Writer

WASHINGTON (AP) — U.S. wholesale prices came in hotter than expected last month.

The Labor Department reported Friday that its producer price index, which measures inflation before it hits consumers, rose 0.5% from December and 2.9% from January 2025. Economists had forecast a 0.3% increase for the month and 1.6% year over year, according to a survey by the data firm FactSet.

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Excluding food and energy prices, which bounce around from month to month, so-called core wholesale prices rose 0.8% from December and 3.6% from January 2025 — both higher than forecasters had expected. The year-over-year increase in core prices was the biggest since March of last year. read more