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ABC Business News

This app could help reduce your wait time at customs as TSA experiences record travel
onurdongel/Getty Images (NEW YORK) — As airports prepare for the highest passenger volumes this summer, the Transportation Security Administration is bracing for the travel crush and sharing what passengers need to know to get through [Read More…]

Apple launches AI-fueled tools for iPhone, Mac and iPad
Andrej Sokolow/picture alliance via Getty Images (CUPERTINO, Calif.) — Apple unveiled artificial intelligence-fueled features across several key products on Monday, heralding the long-awaited entry of the tech giant into the high-stakes AI race. The latest [Read More…]

Internal combustion engines are far from over: ‘There was a bit of hype’ around EVs, industry watchers say
Lamborghini says the successor to the Huracan will have an electrified twin-turbo V8 engine. A Huracan STJ is shown here. — Lamborghini (NEW YORK) — It’s nearly impossible not to smile when you squeeze the [Read More…]

Jobs report blows past expectations, displaying resilient strength of US economy
Douglas Sacha/Getty Images (NEW YORK) — A better-than-expected jobs report on Friday displayed the resilient strength of the U.S. economy, even after years of high interest rates and stubborn inflation. Employers hired 272,000 workers last [Read More…]

Skyrocketing child care costs show how inflation could impact 2024 election
Lourdes Balduque/Getty Images (NEW YORK) — Jessica Morrison and Jason West, a Philadelphia-area couple with a 4-year-old daughter, stood on the verge of a financial breakthrough. West was breezing through the hiring process to become [Read More…]

What to know about the new Texas Stock Exchange
Javier Ghersi/Getty Images (NEW YORK) — Prominent backers have poured billions into a new Texas-based stock exchange that aims to attract companies with what it considers more business-friendly rules than those of the New York [Read More…]

Disney set to invest $17B in Florida parks following approval of development agreement
In an aerial view, the Walt Disney World resorts and theme park sit along the Seven Seas Lagoon on February 8, 2023 in Orlando. (Joe Raedle/Getty Images) (NEW YORK) — Disney and appointees of Florida [Read More…]

AT&T says customers facing ‘interoperability issue’ impacting ability to call non-AT&T users has been resolved
Karl Tapales/Getty Images (NEW YORK) — AT&T has resolved the “interoperability issue between carriers” customers were experiencing on Tuesday, the company said in a statement. Customers began reporting a “nationwide issue that is affecting” their [Read More…]

Airfare costs expected to rise, expert shares what travelers need to know to save
Greg Bajor/Getty Images (NEW YORK) — Aviation industry executives gathered in Dubai for the annual International Air Transport Association meeting this week, where they revealed that despite record high profit projections, airfare will continue to [Read More…]

Historic $35M fine announced against company that surrendered 4,000 beagles
Priceless Pets volunteer Mary Green of Chino Hills, places new collars on some of the 200 beagles who were among 4,000 dogs freed from a Virginia breeding facility, moments after the dogs arrived in two [Read More…]

GameStop stock is soaring again. Here’s what to know.
Bruce Bennett/Getty Images (NEW YORK) — Shares of GameStop climbed more than 75% in early trading on Monday, triggering a halt in markets multiple times on account of the volatility. The rally softened over the [Read More…]

Ticketmaster hit by cyber attack that compromised user data
Klaus Vedfelt/Getty Images (NEW YORK) — Live Nation, the parent company of Ticketmaster, revealed Friday evening that it was the victim of a cyber attack that compromised user data. The company said in a filing [Read More…]

Could other fruits be added to orange juice amid orange shortages?
Yulia Naumenko/Getty Imagess (NEW YORK) — Orange production in two top growing regions has been plagued by diseased fruit and bad weather, a combination that’s prompted all-time high prices and left juice makers to consider [Read More…]

Chobani CEO purchases Anchor Brewing, pledges revival of iconic craft brewery
A sign is displayed on a wall at the former Anchor Brewing Company brewery on May 31, 2024 in San Francisco, California. (Justin Sullivan/Getty Images) (NEW YORK) — Beer drinkers rejoice, Chobani CEO Hamdi Ulukaya [Read More…]

Trump’s Truth Social stock takes turbulent swings after verdict
Javier Ghersi/Getty Images (NEW YORK) — The stock price of former President Donald Trump’s social media platform Truth Social made turbulent swings in the aftermath of his conviction in a New York court on Thursday. [Read More…]

Child care costs are outpacing inflation: Report
wera Rodsawang/Getty Images (NEW YORK) — The cost of child care in the U.S. is rising at nearly double the pace of overall inflation, according to a new report by tax firm KPMG. Between 1990 [Read More…]

Hyundai sued by DOL after manufacturing plant employed 13-year-old on an assembly line
The Hyundai Motor Co. logo is seen on the front grill of a Santa Fe sports utility vehicle (SUV) at the Hyundai Motor Manufacturing Alabama (HMMA) facility in Montgomery, Alabama, July 19, 2017. — Luke [Read More…]

Chipotle says portions have not changed despite TikTok claims
An employee adds sour cream to a burrito bowl at a Chipotle Mexican Grill Inc. restaurant in Louisville, Kentucky, Feb. 2, 2019. (Bloomberg via Getty Images, FILE) (NEW YORK) — Social media is full of [Read More…]

Nissan issues ‘do not drive’ warning for older vehicles, says Takata airbags can explode
Andrew Merry/ Getty Images (NEW YORK) — Nissan has issued a “do not drive” warning for 83,920 vehicles from model years 2002-2006 with recalled Takata airbags. The warning covers certain model year 2002-2006 Nissan Sentras, [Read More…]

T-Mobile to acquire U.S. Cellular in $4 billion deal
T-Mobile CEO Mike Sievert speaks during a T-Mobile and SpaceX joint event, Aug. 25, 2022, in Boca Chica Beach, Texas. (Michael Gonzalez/Getty Images) (NEW YORK) — T-Mobile, one of the nation’s largest wireless providers, announced [Read More…]