ABC Business News

In this Feb. 1, 2006, file photo, an unidentified woman holds up a counterfeit Coach handbag in the back room of tourist shop in New York’s Chinatown. (Bloomberg via Getty Images) (NEW YORK) — Counterfeit [Read More…]

This photograph taken Feb. 6, 2024 shows a laboratory technician monitoring the progress of lab-grown diamond seeds at Greenlab Diamonds manufacturing firm on the outskirts of Surat. (Sam Panthaky/AFP via Getty Images) (NEW YORK) — [Read More…]

ABC News Corporate America took notice four years ago when Larry Fink, CEO of investment giant BlackRock, declared climate change a top concern. “Climate risk is investment risk,” Fink wrote in an annual letter popular [Read More…]

Elijah Nouvelage/Getty Images (CHATTANOOGA, Tenn.) — In a seismic union election Friday evening, Volkswagen workers in Chattanooga, Tennessee, voted to join the United Auto Workers Union. The workers voted 2,628 to 985 for union representation, [Read More…]

A United Auto Workers (UAW) lawn sign sits on the ground near a Volkswagen automobile assembly plant on March 20, 2024 in Chattanooga, Tennessee. (Elijah Nouvelage/Getty Images) (NEW YORK) — Carmakers and labor leaders are [Read More…]

Tetra Images/Getty Images (NEW YORK) — Barcelona is among the top 20 summer destinations of 2024, and for anyone planning to visit the bustling Mediterranean metropolis known for its art and architecture, or other tourist-filled [Read More…]

Beyond Meat (NEW YORK) — Beyond Meat has pared down its ingredient list and upgraded the recipe to add more nutrient-dense plant-based ingredients — including heart-healthy avocado oil — for its latest innovation of the [Read More…]

Dr Pepper (NEW YORK) — Dr Pepper has a new flavor hitting stores soon to jumpstart the summer mood. The soda company announced that Dr Pepper Creamy Coconut and Creamy Coconut Zero Sugar drinks are [Read More…]

Via Red Lobster (NEW YORK) — Red Lobster is in hot financial waters, attempting to stay afloat by eyeing Chapter 11 bankruptcy to restructure its debts after an endless shrimp promotion sank the seafood restaurant [Read More…]

The Washington Post via Getty Images (CHATTANOOGA, Tenn.) — The United Auto Workers achieved a landmark victory last fall, when a strike against the Big 3 U.S. carmakers delivered substantial gains for nearly 150,000 employees. [Read More…]

Pepsi Co (NEW YORK) — PepsiCo Inc has initiated a voluntary recall of some sugar-free and caffeine-free Schweppes Ginger Ale products because they contain “full sugar,” according to the U.S. Food and Drug Administration. The [Read More…]

Klaus Vedfelt/Getty Images (NEW YORK) — At the end of 2023, the federal government said it would update the Free Application for Federal Student Aid form, better known as FAFSA, ahead of the 2024-2025 school [Read More…]

Andrew Harnik/Getty Images (NEW YORK) — Shares of Truth Social soared after the company’s market debut last month — but the stock price has plummeted since then. After vaulting from an initial offering price of [Read More…]

Starbucks (NEW YORK) — Starbucks is unveiling brand-new Starbucks Refreshers with a fiery new spring twist. Starting Tuesday, April 16, Starbucks will unveil new Spicy Lemonade Refreshers in three different flavors: Spicy Dragonfruit, Spicy Pineapple, [Read More…]

Getty Images – STOCK (NEW YORK) — Shoppers are flocking to Costco for gold bars but they’re hardly the only ones scooping up the precious metal. Investors drove gold prices to a record high on [Read More…]

filo/Getty Images (NEW YORK) — Tax season, beloved by few and dreaded by many, comes to a close on Monday. For some tardy filers, though, the task will just be getting started. Up to one [Read More…]

The Afterpay application login page arranged on a smartphone, Aug. 3, 2021. — Brent Lewin/Bloomberg via Getty Images (NEW YORK) — The Buy Now, Pay Later (BNPL) trend, a significant shift in shopping habits, emerged [Read More…]

Stephen Brashear/Getty Images (NEW YORK) — Boeing has come under fire and intense scrutiny ever since a door plug flew out of an Alaska Airlines flight on Jan. 5. Investigators revealed the plane, a 737 [Read More…]

Getty Images – STOCK (NEW YORK) — Consumers saddled with high credit card and mortgage rates held onto a source of solace in recent months: A forecast from the Federal Reserve promising long-awaited interest rate [Read More…]

Carol Yepes/Getty Images (NEW YORK) — Starting Wednesday, internet users will now have more transparency about their broadband services. The Federal Communications Commission now requires broadband providers to display all the information about the price [Read More…]