ABC Business News

Zed Jameson/Bloomberg via Getty Images (SEATTLE) — The Justice Department announced Tuesday that the cryptocurrency giant Binance and its CEO are pleading guilty to violations of U.S. anti-money laundering laws while agreeing to pay more than [Read More…]

Jaap Arriens/NurPhoto via Getty Images (NEW YORK) — Months before OpenAI board member Ilya Sutskever would gain notoriety for his key role in the ouster of CEO Sam Altman, Sutskever co-authored a little-noticed but apocalyptic warning [Read More…]

Lawrence Sumulong/Getty Images (NEW YORK) — OpenAI was thrown into upheaval in recent days after the sudden departure of CEO Sam Altman, who just three days later landed at Microsoft. The ouster elicited a letter [Read More…]

Hill Street Studios/Getty Images (NEW YORK) — Less than a year out from the next presidential election, former President Donald Trump and some Republican allies continue to falsely deny the results of the previous one. [Read More…]

Justin Sullivan/Getty Images (NEW YORK) — Sam Altman is stepping down from his role as CEO of OpenAI, the company announced on Friday. The departure follows a review process undertaken by the company’s board of [Read More…]

Witthaya Prasongsin/Getty Images (NEW YORK) — Members of the United Auto Workers voted to ratify a contract with General Motors, making it the first of the Big 3 U.S. carmakers to formally conclude a weekslong [Read More…]

Luke Sharrett/Bloomberg via Getty Images (NEW YORK) — When Harry and Jen Appel lost their home in Big Pine Key, Florida, to Hurricane Irma in 2017, they thought their insurance policies would cover the cost [Read More…]

JohnFScott/Getty Images (NEW YORK) — Thousands of Starbucks employees nationwide are set to walk off the job on Thursday in the largest work stoppage in the five-decade history of the company, the union representing the [Read More…]

Klaus Vedfelt/Getty Images (NEW YORK) — Delivering on long-awaited improvements, the Department of Education will soon release a streamlined version of its widely used college financial aid form, known as the FAFSA, to less than [Read More…]

Javier Ghersi/Getty Images (NEW YORK) — Chris Josephs wakes up each morning, opens his laptop, and combs through last night’s stock trades. Josephs, who lives in Santa Monica, California, is not keeping an eye on [Read More…]

Javier Ghersi/Getty Images (WASHINGTON) — Consumer prices rose 3.2% in October compared to a year ago, cooling significantly from the previous month and exceeding economist expectations. The data indicates progress in the Federal Reserve’s fight [Read More…]

Tetra Images – Henryk Sadura/Getty Images (WASHINGTON) — House Speaker Mike Johnson says he has a plan to keep the government open, at least for now. But if the rest of Washington doesn’t agree, a [Read More…]

Susan Sheldon / EyeEm/Getty Images (NEW YORK) — The holidays are fast approaching and as people prepare to pick out the perfect pine to decorate for Christmas, some growers are warning the holiday staple could [Read More…]

Bill Pugliano/Getty Images, FILE (LOUISVILLE, Ky.) — Production workers across two Ford plants in Louisville, Kentucky, voted against a tentative agreement that ended a weekslong strike, a local chapter of the United Auto Workers said [Read More…]

PHOTO: The interior of the Q8 e-tron electric SUV. The interior of the Q8 e-tron electric SUV. — Audi (NEW YORK) — It’s a phenomenon that’s taking over electric vehicles: “Screen fatigue.” Drivers now traverse [Read More…]

Greg Bajor/Getty Images (NEW YORK) — As Thanksgiving approaches, millions of Americans are gearing up to hit the highway or head to the airport — and some airlines are expecting their busiest Thanksgiving ever. Here’s [Read More…]

Justin Sullivan/Getty Images (NEW YORK) — When Tori Mccun found out that her father had suddenly died in June, grief and stress sapped her resolve to write a eulogy, she said. Despite the misgivings of her [Read More…]

Scott Olson/Getty Images (WASHINGTON) — President Joe Biden called for unionization across the auto industry and embraced the broader labor movement in an address to members of the United Auto Workers at a car plant [Read More…]

Yuki Iwamura/Bloomberg via Getty Images (NEW YORK) — WeWork, the office-sharing company that experienced a dazzling rise and sudden decline that came to symbolize the excesses of business startup culture, filed for bankruptcy on Monday. In [Read More…]

Tetra Images/Getty Images (NEW YORK) — Starbucks will raise the hourly pay of U.S. retail employees by 3% at the outset of next year, the company announced on Monday. The Seattle-based coffee chain operates roughly [Read More…]