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ABC Business News

What to know about the Tesla Cybertruck ahead of its delivery event
David Paul Morris/Bloomberg via Getty Images (NEW YORK) — Since Tesla unveiled a prototype of its Cybertruck four years ago, the electric pickup truck has remained in the realm of preorders and earnings-call updates — [Read More…]

Travel Tuesday boasts savings on flights, hotels, cruises and more: how to score the best deal
onurdongel/Getty Images (NEW YORK) — Travel Tuesday is taking off, and that next great vacation could be just a click away. “We’re expecting to see more deals available today than on Black Friday and Cyber [Read More…]

What parents should know about iPhone’s ‘NameDrop’ feature
Karl Tapales/Getty Images (NEW YORK) — In some recent social media posts about a new Apple iOS feature, several police departments have expressed concern about the new “NameDrop” feature potentially putting children at risk if [Read More…]

Black Friday shopping takeaways and what they mean for the economy
ArtistGNDphotography/Getty Images (NEW YORK) — Black Friday sales did gangbusters as the nation enters a holiday shopping season expected to test shoppers, who account for nearly three-quarters of U.S. economic activity. Consumers spent a record [Read More…]

Opening up the world of canned seafood
ABC News To the casual observer, canned seafood, or “tinned fish,” appears to be having a moment. Stacks of tins, filled with everything from mackerel to octopus, have been filling social media feeds, complete with [Read More…]

You can buy a Christmas tree for as little as $5 if there’s a national forest nearby
National Forest Service (NEW YORK) — The centerpiece for home holiday decorating could cost next to nothing if you live near a national forest and are willing to do some heavy lifting. The U.S. Forest [Read More…]

Binance founder Chengpeng Zhao to plead guilty to money laundering charges: DOJ
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…]

Sam Altman ouster spotlights rift over extinction threat posed by AI
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…]

What to know about new OpenAI interim CEO Emmett Shear
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…]

‘Really worried’: Meta decision allowing 2020 election-denial ads risks distrust, extremism, experts say
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…]

Sam Altman steps down from role as CEO of OpenAI
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…]

UAW members ratify deal with General Motors, first of Big 3 to conclude labor dispute
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…]

Gulf Coast residents grapple with home insurers as climate disasters worsen
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…]

Starbucks workers to strike on Red Cup Day in largest work stoppage in company history
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…]

FAFSA made easy? Overhauls to college financial aid form could streamline it to 10-minute process
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…]

Citizen watchdogs eye Congress’ ‘killing it’ approach to stock trading
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…]

Inflation cooled significantly in October, offering relief for consumers
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…]

What happens if the government shuts down ahead of Thanksgiving
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…]

As some Christmas tree farms close due to lack of supply, experts warn not to worry
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…]

Ford production workers in Kentucky vote against UAW labor deal
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…]