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Read this now: Trump at CPAC|Lyft expands|Cleveland plant demolished

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CNBC Update: Trump speaks at CPAC in Maryland

Here are some of the key stories CNBC is following this hour:

President Donald Trump spoke at the Conservative Political Action Conference in Maryland on Friday. In front of a cheering crowd, he talked about immigration, regulation, and tax reform.

Lyft has announced a major expansion across the U.S. The ride-hailing service said it will expand to 54 more cities, increasing its presence to nearly 300 cities nationwide. The announcement comes on top of its 40 city launch last month.

After standing for more than a century, the first energy lakeshore power plant in Cleveland was turned into rubble after crews set off explosives in the building. Once the debris is cleaned up, the site will be returned to green space.