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ABC Business News
Where is the stock market headed in the 2nd half of 2024?
Andrew Brookes/Getty Images (NEW YORK) — The stock market defied expectations with a strong performance over the first half of 2024. But the success poses a key question for investors: Is there room for stocks [Read More…]
DOJ to present Boeing with plea deal that families of 2018, 2019 crash victims say falls short: Lawyers
Scott Olson/Getty Images (WASHINGTON) — The Department of Justice is preparing to present the Boeing Company a plea deal that would again allow the aerospace giant to avoid a trial over an alleged conspiracy to [Read More…]
Biden-Trump debate triggers alarm among top business leaders: ‘Awful’
David Berding/Getty Images (WASHINGTON) — Some of the nation’s top business and labor leaders voiced alarm in the hours following the presidential debate on Thursday night, as some raised concern about President Joe Biden’s age [Read More…]
Taco Bell adds new $7 Luxe Cravings Box to fast food value meal craze
Taco Bell (NEW YORK) — Wendy’s has long offered a $5 meal deal, but newcomers like McDonald’s and Burger King have prompted an influx of fast food companies vying for customers’ attention and appetites. Now, [Read More…]
Walgreens to close ‘significant’ number of struggling US stores, CEO says
Justin Sullivan/Getty Images (NEW YORK) — Walgreens plans to close a large share of its U.S. stores over the next three years, Chief Executive Tim Wentworth said on a conference call with industry analysts on [Read More…]
NTSB sanctions Boeing for ‘blatantly’ violating agreement by sharing non-public investigation details
Signage outside a Boeing office building in Arlington, Virginia, U.S., on Thursday, May 5, 2022. (Eric Lee/Bloomberg via Getty Images) (NEW YORK) — Boeing will be subject to sanctions for disclosing non-public information about an [Read More…]
Smoked salmon sold at Kroger recalled across 15 states
Foppen Seafood (NEW YORK) — For American consumers who enjoy adding slices of smoked salmon to a bagel or other breakfast dishes, it’s time to check the refrigerator, because one producer of the famed Norwegian [Read More…]
What to know about the Volkswagen-Rivian partnership
David Paul Morris/Bloomberg via Getty Images (NEW YORK) — Volkswagen on Tuesday said it would invest up to $5 billion in Rivian, an electric vehicle startup based in California. The move sets the stage for [Read More…]
Food prices for Fourth of July favorites, experts share the best savings on burgers and more
Funwithfood/Getty Images (NEW YORK) — It’s almost Independence Day in the United States, and if you’re making a trip to the grocery store to prep for any Fourth of July food-related festivities, experts have shared [Read More…]
Why Nvidia’s stock price has dropped
Dominika Zarzycka/SOPA Images/LightRocket via Getty Images (NEW YORK) — When artificial intelligence chipmaker Nvidia became the world’s most valuable company last week — surpassing household names like Apple and Microsoft — the moment appeared to [Read More…]
Corporations face challenge aligning policies with Pride marketing, some experts say
Charlie Nguyen Photography/Getty Images (NEW YORK) — High-profile anti-LGBTQ+ consumer boycotts last spring left corporations little time to reconsider long-planned marketing campaigns for Pride Month, experts previously told ABC News. Over the past year, major [Read More…]
Spaving explained: Financial expert on shopping trend that encourages more spending to save
Nipitpon Singad / EyeEm/Getty Images (NEW YORK) — For retail lovers there’s nothing quite like the rush of a good deal, and whether it’s TikTok Shop or discounts for digital boutiques on Instagram, deals are [Read More…]
JetBlue will soon offer free carry-on bags for Blue Basic fares
A JetBlue passenger puts his carry-on luggage into an overhead compartment January 28, 2022 at John F. Kennedy International Airport in New York City. — Robert Nickelsberg/Getty Images (NEW YORK) — Many travelers are taking [Read More…]
Bugatti unveils the $4.1M Tourbillon hybrid hypercar
Getty Images – STOCK (NEW YORK) — Welcome to the new era of electrification. Bugatti, the 115-year-old French marque known for its powerful W16 engines, unveiled its first electrified hypercar, the Tourbillon, on Thursday at [Read More…]
Subway president talks value in food pricing trends, new $3 Footlong Dippers
ABC News (NEW YORK) — As Americans continue to seek value amid increased food costs and inflation, Subway is adding its hat to the summer deals ring, offering customers the promise of more bang for [Read More…]
NY employers now required to offer workers paid break time for pumping breast milk
JGI/Jamie Grill/Getty Images (ALBANY, N.Y.) — New York employers are now required by law to provide paid break time to employees who need to pump breast milk while they are at work. The law, which [Read More…]
USDA pauses avocado, mango inspections in Mexican state due to security concerns
Mangoes are seen in a net during harvest on a farm, March 24, 2021, in Actopan, Veracruz state, Mexico. (Hector Quintanar/Bloomberg via Getty Images, FILE) (NEW YORK) — The U.S. Department of Agriculture has temporarily [Read More…]
Apple scraps its Apple Pay Later service
ozgurdonmaz/Getty Images (NEW YORK) — Apple has announced it is scrapping Apple Pay Later, the company’s buy now, pay later service that launched last year. In a statement, Apple said users instead will be able [Read More…]
Bud Light boycott still hammers local distributors one year later: ‘Very upsetting’
The Bud Light logo is seen on a truck semitrailer, Oct. 21, 2022, in Maryland. — Jakub Porzycki/NurPhoto via Getty Images (NEW YORK) — When conservative activists set aflame boxes of Bud Light and urged [Read More…]
Fed holds interest rates steady at 23-year high
Justin Sullivan/Getty Images (WASHINGTON) — The Federal Reserve decided to hold its benchmark interest rate steady on Wednesday, prolonging an aggressive fight against inflation despite fresh data hours earlier that showed a slight cooldown of [Read More…]