ABC Business News

Nikolas Kokovlis/NurPhoto via Getty Images (SAN FRANCISCO) — Twitter announced on Monday that Elon Musk, the CEO of SpaceX and Tesla, is acquiring the social media giant for approximately $44 billion. Per the terms of [Read More…]

Hanneke Vollbehr/Getty Images (NEW YORK) — Wedding season is in full swing and a record number of couples are tying the knot. An estimated 2.5 million weddings are set to be held this year, according [Read More…]

Morgan Korn/ABC News (NEW YORK) — Auto shows were once a marquee event for automakers — a way to let interested buyers see, sit in, touch and get acquainted with the latest models. With many [Read More…]

Alex Walker/Getty Images (NEW YORK) — As millions take to the skies each day and airlines forecast what could be the most profitable summer ever, Americans should prepare for higher prices, more cancellations, and smaller [Read More…]

Insignia via C.P.S.C. (NEW YORK) — Best Buy is recalling approximately 772,000 air fryers after reports of the device catching on fire or melting. The recall, posted by the Consumer Product Safety Commission, affects certain [Read More…]

Michael M. Santiago/Getty Images (NEW YORK) — The numbers “421” have apparently eclipsed “420” at least in New Jersey, where cannabis consumers celebrated Thursday’s first day of legalized pot sales and toking up for adults. [Read More…]

ABC (NEW YORK) — The global fashion industry is fueled by the latest styles, and fast production has helped the industry contribute up to 10% of the world’s greenhouse gas emissions, according to the Environmental [Read More…]

ArtMarie/Getty Images (NEW YORK) — Over 20,000 car seats are being recalled due to loose pieces of foam that can present a choking hazard to kids. The recall impacts certain CYBEX Sirona M Convertible Child [Read More…]

Greg Bajor/Getty Images (NEW YORK) — As summer approaches, travelers are preparing for trips in huge numbers after many people put off vacations for years during the COVID-19 pandemic — and that’s being reflected in [Read More…]

Mattel (NEW YORK) — Barbie is officially releasing a Queen Elizabeth II doll to celebrate both the queen’s 96th birthday and her Platinum Jubilee, which marks 70 years on the throne. The Queen Elizabeth II [Read More…]

ABC News (NEW YORK) — After decades of work fighting to save African animals, Jane Goodall is turning her attention to the environmental and political impact left on technology. The anthropologist spoke with ABC News’ [Read More…]

kokkai/Getty Images (NEW YORK) — After undergoing a major brand revamp, Victoria’s Secret has continued to roll out new, inclusive launches including it’s recent venture: Happy Nation. The lingerie retailer announced the new brand on [Read More…]

iStock/littlehenrabi (NEW YORK) — Growing concerns over cybersecurity vulnerabilities in the United States are prompting record investments from firms to protect critical industries. FBI Director Christopher Wray said last month that intelligence officials were “concerned” [Read More…]

YinYang/Getty Images (WASHINGTON) — The Justice Department has announced nearly two dozen arrests of alleged fraudsters who prosecutors say have engaged in elaborate and brazen schemes to exploit the COVID-19 pandemic, raking in nearly $150 [Read More…]

Westend61/Getty Images (NEW YORK) — Spend enough time online, and you’re sure to run into scammers who try to steal your money by asking you to confirm your credit card information or sign up for [Read More…]

Alex Davidson/Getty Images (NEW YORK) — As the effects of climate change prompt more urgency to cut greenhouse gas emissions around the world and reduce energy use, every industry is facing scrutiny about their impact [Read More…]

ABC News (NEW YORK) — Recycling on a large scale has always proved to be a challenging endeavor, especially as the production of plastic surged exponentially after the 1970s. But new technology made to streamline [Read More…]

courtneyk/Getty Images (NEW YORK) — If you either procrastinated or were unable to send in your tax returns by Monday’s deadline, hopefully you already went ahead and filed for an extension — and paid any [Read More…]

Sean Gallup/Getty Images (NEW YORK) — Inflation in the U.S. rose 8.5% in March, compared with the prior 12 months, marking the highest increase since 1981, according to the Labor Department’s Consumer Price Index. Between [Read More…]

Liu Guanguan/China News Service via Getty Images (NEW YORK) — With inflation at a 40-year high and food costs continuing to rise, it’s time to take stock of how we approach cooking to make the [Read More…]