ABC Business News

Justin Sullivan/Getty Images (NEW YORK) — Walgreens plans to close a large share of its U.S. stores over the next three years, Chief Executive Tim Wentworth said on a conference call with industry analysts on [Read More…]

Signage outside a Boeing office building in Arlington, Virginia, U.S., on Thursday, May 5, 2022. (Eric Lee/Bloomberg via Getty Images) (NEW YORK) — Boeing will be subject to sanctions for disclosing non-public information about an [Read More…]

Foppen Seafood (NEW YORK) — For American consumers who enjoy adding slices of smoked salmon to a bagel or other breakfast dishes, it’s time to check the refrigerator, because one producer of the famed Norwegian [Read More…]

David Paul Morris/Bloomberg via Getty Images (NEW YORK) — Volkswagen on Tuesday said it would invest up to $5 billion in Rivian, an electric vehicle startup based in California. The move sets the stage for [Read More…]

Funwithfood/Getty Images (NEW YORK) — It’s almost Independence Day in the United States, and if you’re making a trip to the grocery store to prep for any Fourth of July food-related festivities, experts have shared [Read More…]

Dominika Zarzycka/SOPA Images/LightRocket via Getty Images (NEW YORK) — When artificial intelligence chipmaker Nvidia became the world’s most valuable company last week — surpassing household names like Apple and Microsoft — the moment appeared to [Read More…]

Charlie Nguyen Photography/Getty Images (NEW YORK) — High-profile anti-LGBTQ+ consumer boycotts last spring left corporations little time to reconsider long-planned marketing campaigns for Pride Month, experts previously told ABC News. Over the past year, major [Read More…]

Nipitpon Singad / EyeEm/Getty Images (NEW YORK) — For retail lovers there’s nothing quite like the rush of a good deal, and whether it’s TikTok Shop or discounts for digital boutiques on Instagram, deals are [Read More…]

A JetBlue passenger puts his carry-on luggage into an overhead compartment January 28, 2022 at John F. Kennedy International Airport in New York City. — Robert Nickelsberg/Getty Images (NEW YORK) — Many travelers are taking [Read More…]

Getty Images – STOCK (NEW YORK) — Welcome to the new era of electrification. Bugatti, the 115-year-old French marque known for its powerful W16 engines, unveiled its first electrified hypercar, the Tourbillon, on Thursday at [Read More…]

ABC News (NEW YORK) — As Americans continue to seek value amid increased food costs and inflation, Subway is adding its hat to the summer deals ring, offering customers the promise of more bang for [Read More…]

JGI/Jamie Grill/Getty Images (ALBANY, N.Y.) — New York employers are now required by law to provide paid break time to employees who need to pump breast milk while they are at work. The law, which [Read More…]

Mangoes are seen in a net during harvest on a farm, March 24, 2021, in Actopan, Veracruz state, Mexico. (Hector Quintanar/Bloomberg via Getty Images, FILE) (NEW YORK) — The U.S. Department of Agriculture has temporarily [Read More…]

ozgurdonmaz/Getty Images (NEW YORK) — Apple has announced it is scrapping Apple Pay Later, the company’s buy now, pay later service that launched last year. In a statement, Apple said users instead will be able [Read More…]

The Bud Light logo is seen on a truck semitrailer, Oct. 21, 2022, in Maryland. — Jakub Porzycki/NurPhoto via Getty Images (NEW YORK) — When conservative activists set aflame boxes of Bud Light and urged [Read More…]

Justin Sullivan/Getty Images (WASHINGTON) — The Federal Reserve decided to hold its benchmark interest rate steady on Wednesday, prolonging an aggressive fight against inflation despite fresh data hours earlier that showed a slight cooldown of [Read More…]

Javier Ghersi/Getty Images (WASHINGTON) — Consumer prices rose 3.3% in May compared to a year ago, easing slightly from the previous month and outperforming economists’ expectations. The data arrived hours before the Federal Reserve is [Read More…]

Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve on Wednesday will announce its latest decision on interest rates, just hours after fresh inflation data is set to reveal the status of the central bank’s fight [Read More…]

Javier Ghersi/Getty Images (WASHINGTON) — The release of inflation data on Wednesday will reveal the latest movement for consumer prices, which continue to strain households and top surveys of voter priorities less than five months [Read More…]

Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve on Wednesday will announce its latest decision on interest rates, just hours after fresh inflation data is set to reveal the status of the central bank’s fight [Read More…]