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ABC Business News

Cranberry production stays afloat with price increases, other Thanksgiving items with lower inventory
GMVozd/iStock (NEW YORK) — With supply chain issues hitting the fresh food industry, due to delays and struggles to get products from farms to store shelves, certain Thanksgiving staples like cranberries will have a steeper [Read More…]

Biden visits Baltimore port amid supply chain, inflation woes
Official White House Photo by Erin Scott (BALTIMORE) — President Joe Biden visited Baltimore on Wednesday to tout his infrastructure bill and highlight his administration’s work to ease port delays as the country approaches the [Read More…]

Consumer prices soar 6.2% in October, largest jump since November 1990
MicroStockHub/iStock (NEW YORK) — Consumer prices continued to climb at an alarmingly rapid pace last month, according to data from the Labor Department on Wednesday, as inflation woes have cast a shadow over the post-pandemic [Read More…]

Biden to visit Baltimore port amid supply chain, inflation woes
Official White House Photo by Erin Scott (WASHINGTON) — President Joe Biden plans to visit Baltimore on Wednesday to tout his infrastructure bill and highlight his administration’s work to ease port delays as the United [Read More…]

Battle rages over conservation and local economy in Alaska
ABC News (NEW YORK) — Tongass National Forest stretches across nearly 17 million acres of land in southeast Alaska and is home to a lush vibrant ecosystem. It is now also at the center of [Read More…]

Hearst’s magazine workers protest mandatory return-to-office through the National Labor Relations Board
iStock/littlehenrabi (NEW YORK) — After more than a year of working remotely through the COVID-19 pandemic, staffers at Hearst’s magazines are fighting back against a mandatory return to office. Workers at the magazine-publishing division of [Read More…]

General Electric stock surges on news it’s splitting into 3 companies
iStock/jetcityimage (NEW YORK) — Shares for General Electric surged 6% in early trading Tuesday after the historic American conglomerate announced plans to split into three publicly-traded companies focused on aviation, health care and energy. Investors [Read More…]

Uber, Lyft making record profits as consumers pay high prices
Mario Tama/Getty Images, FILE (NEW YORK) — Uber and Lyft are boasting record profits as both companies say they are aggressively recruiting drivers to fill a void created by the pandemic. Since the pandemic, rideshare costs [Read More…]

What to know about Los Angeles’ strict vaccine mandate as it goes into effect
Viorel Poparcea/iStock (LOS ANGELES) — Los Angeles’ sweeping new vaccine mandate goes into effect Monday, which requires proof of vaccination in order for patrons to enter most public indoor spaces in the second most populous city [Read More…]

What to know about the new OSHA vaccine mandate, and how it will impact you
Bill Oxford/iStock (NEW YORK) — Some 100 million American workers are expected to be impacted by the Biden administration’s new workplace COVID-19 vaccine mandate come January, under a sweeping new plan that labels coronavirus as an [Read More…]

Employers add 531,000 jobs last month as recovery gains steam, unemployment rate falls to 4.6%
vicky_81/iStock (WASHINGTON) — Hiring gained steam in October, with U.S. employers adding 531,000 jobs and the unemployment rate edging down by a fraction of a percentage point to 4.6%, the Department of Labor said Friday. [Read More…]

Why some experts say corporate ‘net-zero’ emissions pledges could have net-zero impact on climate crisis
NicoElNino/iStock (NEW YORK) — Dubbed a “code red for humanity” by the head of the United Nations, the Intergovernmental Panel on Climate Change said in its most-recent report that the impacts of human-induced climate change [Read More…]

Tips to save at the grocery store on your Thanksgiving shopping
Hispanolistic/iStock (NEW YORK) — With 20 days till Turkey day, it’s time to menu plan and get ahead on cost-effective ways to host Thanksgiving this year. According to a recent Instacart/Harris Poll survey, 48% of [Read More…]

Majority of US workers to fall under vaccine mandate on Jan. 4
jonathanfilskov-photography/iStock (WASHINGTON) — Nearly 100 million U.S. workers will be required to get the COVID vaccine by Jan. 4, with some workers allowed to test weekly instead, under sweeping federal rules released Thursday by the [Read More…]

Maine recycling law targets packaging waste in bid to save taxpayers and climate
ABC News (OGUNQUIT, Maine) — In the cold autumn rain, as residents of this seaside resort town sort their paper, plastic and aluminum into community dumpsters, Steve Twombly uses a fishing net affixed to a [Read More…]

Facebook to shut down facial recognition system
luchezar/iStock (NEW YORK) — Meta, the newly named parent company of Facebook, announced Tuesday that it was shutting down its use of a facial recognition system on its social media platform. The announcement comes after [Read More…]

Tips to save green and switch to more sustainable energy options at home
PeopleImages/iStock (NEW YORK) — As climate change takes center stage with global leaders, it’s a perfect time to take a look around our own homes to see what small changes can help reduce one’s carbon [Read More…]

Why the John Deere strike is being viewed as harbinger of a new labor market
iStock/Wolterk (NEW YORK) — Members of the United Auto Workers Union are set to vote Tuesday on a tentative agreement that would end the ongoing strike of more than 10,000 John Deere workers. News of [Read More…]

Facebook employees questioned apparent restrictions on Palestinian activist’s account: Documents
luchezar/iStock (NEW YORK) — Earlier this year, multiple Facebook employees questioned the apparent restrictions on well-known Palestinian activist Mohammed El-Kurd’s Instagram account, according to internal Facebook documents shared with ABC News and a group of [Read More…]

Facebook announces it is changing company name to Meta amid mounting controversies
Thinkhubstudio/iStock (NEW YORK) — In the shadow of mounting controversies for his beleaguered tech firm, CEO Mark Zuckerberg laid out his vision for the future of the internet at a company conference Thursday, which he [Read More…]