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ABC Business News
McDonald’s to add three Krispy Kreme doughnuts to menus nationwide
Joff Lee/Getty Images (NEW YORK) — Krispy Kreme and McDonald’s are expanding their partnership to put three doughnut flavors on menus at the Golden Arches across the U.S. Following a successful local test at 160 [Read More…]
Trump media company, parent of Truth Social, begins trading on Nasdaq
ABC News For approximately $70, you can now own a share of the company behind former President Donald Trump’s Truth Social platform. Trading in Trump Media & Technology Group — which uses the ticker symbol [Read More…]
Chick-fil-A backtracks on no-antibiotics in chicken amid projected supply shortages
Jakub Porzycki/NurPhoto via Getty Images (NEW YORK) — Chick-fil-A is updating its commitment to customers about the quality and standards of its staple ingredient — chicken. The fast food chain announced on its website that [Read More…]
Boeing CEO Dave Calhoun to step down
ABC News Boeing CEO Dave Calhoun will step down at the end of the year, the company said in an announcement Monday. The move comes amid fallout from a high-profile safety failure onboard an Alaska [Read More…]
AI influencers explode on social media. Some are controlled by teens
Karl Tapales/Getty Images (NEW YORK) — Agnes, a bespectacled 20-year-old poet, likes tarot cards and late-night philosophy debates. She has a crush on Finn, a 22-year-old farmer who knits in his free time. Finn’s friend [Read More…]
Nearly half a million Starbucks-branded mugs recalled due to potential burn, laceration hazards
The U.S. Consumer Product Safety Commission (NEW YORK) — For anyone who purchased a shimmery metallic mug with Starbucks branding over the holiday season, it’s time to take stock of what’s in your cupboard and [Read More…]
It’s 38% more expensive to buy a house than rent in US, analysis finds
Thomas Northcut/Getty Images (NEW YORK) — Buying a house in the United States is considerably more expensive than renting right now, and the real estate market is expected to stay that way for at least [Read More…]
Apple sued by Biden administration in landmark case over iPhone monopoly
ABC News (NEW YORK) — The Biden administration sued Apple on Thursday, alleging the tech giant created a monopoly in the smartphone market by blocking competitors from accessing hardware and software features of the iPhone. [Read More…]
Meet your new virtual assistant: The AI in your car
The MBUX virtual assistant “is the most human-like interface with a Mercedes-Benz yet,” according to the company, an d advanced 3D graphics make interactions with the driver more natural, intuitive and personalized. (Mercedes-Benz) (NEW YORK) [Read More…]
Senate mulls TikTok ban amid US national security concerns
The TikTok logo on a smartphone arranged in New York, March 9, 2023. (Gabby Jones/Bloomberg via Getty Images) (WASHINGTON) — Senators from both sides of the aisle warned Wednesday that TikTok endangers millions of users [Read More…]
Why you will likely see higher egg prices ahead of Easter
d3sign/Getty Images (NEW YORK) — After months of egg prices slowly falling, the staple Easter item is on the rise again in part due to a resurgence of Highly Pathogenic Avian Influenza (HPAI) in egg-laying [Read More…]
Fed holds interest rates steady, postponing rate cuts amid stubborn inflation
Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve held interest rates steady on Wednesday, opting to keep rates highly elevated as progress toward lower inflation has stalled. The move pushes back rate cuts that the [Read More…]
What to know about new minimum wage in California, why some industries are now exempt
In-N-Out Burger opened a new store, Dec. 7, 2023, in San Juan Capistrano, Calif. (Paul Bersebach/MediaNews Group/Orange County Register via Getty Images) (NEW YORK) — Earlier this week, the California General Assembly passed a bill [Read More…]
UnitedHealth Group recovering from significant cyberattack: CEO
Westend61/Getty Images (NEW YORK) — The UnitedHealth Group — one of the nation’s largest health care providers — said it is making progress in its recovery from one of the worst cyberattacks on a health [Read More…]
Elon Musk releases code for his AI chatbot Grok. Here’s why it matters
SpaceX, Twitter and Tesla CEO Elon Musk, arrives for a US Senate bipartisan Artificial Intelligence (AI) Insight Forum at the U.S. Capitol, Sept. 13, 2023, in Washington. (Stefani Reynolds/AFP via Getty Images) (NEW YORK) — [Read More…]
Is TikTok different in China? Here’s what to know
Karl Tapales/Getty Images (NEW YORK) — The push in Washington, D.C., for a potential TikTok ban has drawn mounting scrutiny toward the app over data privacy risks tied to Chinese-owned parent company ByteDance. In making [Read More…]
Fed to announce interest rate decision as inflation hits rough patch
Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve is set to announce an interest rate decision on Wednesday, revealing its latest move in a yearslong battle to dial back price increases. The decision arrives roughly [Read More…]
UnitedHealth Group recovering from significant cyberattack: CEO
Westend61/Getty Images (NEW YORK) — The UnitedHealth Group — one of the nation’s largest health care providers — said it is making progress in its recovery from one of the worst cyberattacks on a health [Read More…]
Is TikTok different in China? Here’s what to know
Karl Tapales/Getty Images (NEW YORK) — The push in Washington, D.C., for a potential TikTok ban has drawn mounting scrutiny toward the app over data privacy risks tied to Chinese-owned parent company ByteDance. In making [Read More…]
Companies behind Hershey and Cadbury chocolate signal possible price hikes amid cocoa cost surge
Hershey Co. candy bars are displayed for sale inside of the company’s Chocolate World visitor center in Hershey, Pa., Nov. 28, 2017. (Luke Sharrett/Bloomberg via Getty Images) (NEW YORK) — Easter is on the horizon, [Read More…]