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ABC Business News
Chinese national arrested after allegedly stealing AI trade secrets from Google
Cesc Maymo/Getty Images (SAN FRANCISCO) — A Chinese national was arrested Wednesday in California and charged with allegedly stealing confidential trade secrets from Google’s Artificial Intelligence program while secretly working for two AI startup companies [Read More…]
Target’s new paid membership program: What to know
Shelby Knowles/Bloomberg via Getty Images (NEW YORK) — Target has announced a paid membership program set to begin next month, launching a subscription service similar to those on offer at competitors Amazon and Walmart. The [Read More…]
First look at new TSA self-service screening lane and how it could improve airport travel
ABC News (LAS VEGAS) — Las Vegas is testing the future of airport screening with self-security checks and ABC News’ Good Morning America got a firsthand look at how it works. ABC News transportation correspondent [Read More…]
How to get a bigger tax refund, according to experts
courtneyk/Getty Images (NEW YORK) — Tax season, for many, conjures kitchen-table drudgery spent revisiting pay stubs and financial choices. For some, though, a reward awaits: a tax refund. The possibility and scale of a refund [Read More…]
Facebook, Instagram and Threads outage: ‘We’re aware people are having trouble accessing our services,’ Meta says
Sebastian Kahnert/Getty Images (MENLO PARK, Ca.) — Meta resolved an outage suffered by Facebook, Instagram and Threads on Tuesday, concluding a service issue that had prevented some U.S. users from logging on to the sites [Read More…]
AI is driving a stock market rally. What if the technology falters?
Matteo Colombo/Getty Images (NEW YORK) — Ten days after the Super Bowl, Wall Street held its own version — at least that’s the way some traders on social media described it. Nvidia, which had soared [Read More…]
Biden administration finalizes rule cutting credit card late fees
Adam Gault/Getty Images (WASHINGTON) — The Consumer Financial Protection Bureau finalized a rule Tuesday that will cut the typical credit card late fee to $8 from $32. The financial regulator estimates the move will save [Read More…]
Does a four-day workweek work? Companies share results after one year
Marko Geber/Getty Images (NEW YORK) — Do fewer working hours boost a company’s overall productivity? A recent study out of the United Kingdom suggests the four-day workweek model benefits businesses and employees alike. One year [Read More…]
‘I eat or I pay my bills’: Americans describe rent burden fears, concerns
An ‘Apartments for Rent’ sign hangs in front of a building on Dec. 06, 2022 in Miami Beach, Fla. — Joe Raedle/Getty Images, FILE (NEW YORK) — Half of Americans are burdened by the cost [Read More…]
What’s driving the bitcoin surge? Experts weigh in.
Westend61/Getty Images (NEW YORK) — Bitcoin is on a tear. The largest cryptocurrency has soared more than 20% over the last four days, approaching an all-time high. By contrast, the S&P 500 has dropped slightly [Read More…]
Ritzy parties, billion-dollar auctions: Two events are changing the car hobby
Chris Sattlberger via Getty Images (MIAMI) — Historic sports cars, million-dollar roadsters and one-off supercars will be on display when two of the auto industry’s flashiest events take place next month. Enthusiasts from all over [Read More…]
Wendy’s announces Uber-like surge pricing model
Signage is displayed outside a Wendys Co. restaurant in El Sobrante, Calif., May 6, 2020. (David Paul Morris/Bloomberg via Getty Images) (NEW YORK) — Wendy’s announced it will launch new menu prices that will fluctuate [Read More…]
Ritzy parties, billion-dollar auctions: 2 events are changing the car hobby
Chris Sattlberger via Getty Images (MIAMI) — Historic sports cars, million-dollar roadsters and one-off supercars will be on display when two of the auto industry’s flashiest events take place next month. Enthusiasts from all over [Read More…]
Wendy’s announces Uber-like surge pricing model
Signage is displayed outside a Wendys Co. restaurant in El Sobrante, Calif., May 6, 2020. (David Paul Morris/Bloomberg via Getty Images) (NEW YORK) — Wendy’s announced it will launch new menu prices that will fluctuate [Read More…]
Federal Trade Commission sues to block Kroger, Albertsons merger
Cars sit parked in front of a Kroger Co. grocery store in Louisville, Kentucky, U.S., on Sunday, April 26, 2020. (Stacie Scott/Bloomberg via Getty Images) (WASHINGTON) — The Federal Trade Commission on Monday sued to [Read More…]
IRS to open its free tax filing site to more new users
courtneyk/Getty Images (WASHINGTON) — As the tax filing season gets underway, taxpayers in some states will have a new way to file online available to them in “the coming days,” the IRS said this week. [Read More…]
The housing market is cooling again. Here’s why.
Thomas Northcut/Getty Images (NEW YORK) — A sluggish housing market for most of last year began to heat up as the calendar turned to 2024. In recent weeks, however, the market has cooled once again. [Read More…]
AT&T outage impacting US customers, company says
Karl Tapales/Getty Images (NEW YORK) — A network disruption is affecting AT&T customers in the U.S. Thursday. In a statement to ABC News, the company confirmed the outage and advised customers to make calls over [Read More…]
New lawsuit claims Stanley tumblers ‘failed to disclose presence of lead’
Stanley tumblers are displayed on a shelf at a Dick’s Sporting Goods store, Feb. 2, 2024, in Daly City, Calif. (Justin Sullivan/Getty Images) (NEW YORK) — The trendy oversized Stanley thermos that reached viral fame [Read More…]
Boeing replaces Ed Clark, leader of 737 Max program, in wake of midair incident
Mordolff/Getty Images (NEW YORK) — Boeing has announced it is replacing the head of its 737 Max program as part of a reshuffling of the company in the wake of the much-publicized incident of a [Read More…]