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ABC Business News
MGM reeling from cyber ‘chaos’ 5 days after attack as Caesars Entertainment says it was hacked too
Westend61/Getty Images (NEW YORK) — Five days after a cyberattack crippled operations of MGM Resorts International, including its signature Las Vegas properties the Bellagio and the MGM Grand, the company said Thursday morning it is [Read More…]
Auto union president says they may strike all three automakers ‘at once’ as deadline nears
ABC News (DETROIT) — As the strike deadline set by the United Auto Workers union approaches, the union’s president said that, for the first time in history, they are prepared to strike all three automakers at [Read More…]
Auto union president says they may strike all 3 automakers ‘at once’ as deadline nears
ABC News (DETROIT) — As the strike deadline set by the United Auto Workers union approaches, the union’s president said that, for the first time in history, they are prepared to strike all three automakers at [Read More…]
Ford CEO ‘very optimistic’ about reaching agreement with auto workers’ union as strike looms
ABC News (NEW YORK) — About 146,000 auto workers are prepared to strike this week if their demands are not met by their employers – Big Three automakers General Motors, Ford and Stellantis. Members of the [Read More…]
Auto union negotiations making ‘slow’ progress as strike looms, UAW president says
ABC News (DETROIT) — As the strike deadline set by the United Auto Workers union approaches, negotiations with the Big Three automakers are making “slow” progress, with at least one meeting planned for Wednesday, said Shawn [Read More…]
Inflation ticked up for 2nd consecutive month in August
Anton Petrus/Getty Images (NEW YORK) — Consumer prices rose 3.7% in August compared to a year ago, marking the second consecutive month of increased inflation and suggesting a bumpy path in the effort to bring inflation [Read More…]
Data to show if inflation reduction continued or hit rough patch
Anton Petrus/Getty Images (NEW YORK) — Wall Street and Washington, D.C., will closely watch the release of fresh inflation data on Wednesday that could reveal whether a monthslong cooldown of price increases returned to form [Read More…]
How technologies are helping shape surge of worker strikes in US
Michael M. Santiago/Getty Images (NEW YORK) — A surge of work stoppages this year involving hundreds of thousands of employees has drawn attention to bold demands over wage increases and benefits as unions pursue raises [Read More…]
US poverty rate jumped in 2022, child poverty more than doubled: Census
fhm/Getty Images (WASHINGTON) — The poverty rate in the United States increased last year, the first increase in 13 years, according to the Census Bureau. In 2022, the poverty rate was 12.4%, up 4.6% from [Read More…]
New Apple iPhone features USB-C port, improved cameras
Justin Sullivan/Getty Images (NEW YORK) — Apple released a new iPhone 15 model on Tuesday that offers a USB-C charging port and improved camera. A fresh version of the Apple Watch was also unveiled. The top-end [Read More…]
DOJ set to take historic antitrust case against Google to trial
Lyu Liang/VCG via Getty Images (WASHINGTON) — The Justice Department’s historic antitrust case against Google is set to go to trial Tuesday as the government seeks to prove the Big Tech giant harmed American consumers [Read More…]
iPhone 15 release set to promise upgrades at steeper prices, analysts say
Justin Sullivan/Getty Images (NEW YORK) — Apple is set to release a new iPhone 15 model on Tuesday that delivers upgrades but also increased prices for some versions, analysts say. Fresh versions of the Apple [Read More…]
The hottest electric vehicles are in China
VCG via Getty Images, FILE (NEW YORK) — The Zeekr 009 is every American’s dream car. The ultra-luxe cabin comes with massage seats and satiny leather. Futuristic tech like face and voice recognition makes driving [Read More…]
Paqui pulls ‘One Chip Challenge’ from shelves as teen’s death investigated
Sarah Dussault/MediaNews Group/The Mercury News via Getty Images (AUSTIN, Texas) — Paqui, an Austin, Texas-based chip company famous for its viral Paqui “One Chip Challenge” product, is working with retailers to pull the tortilla chip [Read More…]
Disney narrows its lawsuit against DeSantis to focus on free speech
Megan Varner/Getty Images (NEW YORK) — The Walt Disney Company narrowed the scope of its lawsuit against Florida Gov. Ron DeSantis on Thursday to focus solely on its First Amendment claim that the governor politically [Read More…]
Snapchat releases new safety measures for teens
Snapchat (NEW YORK) — Snapchat announced new safeguards on its app Thursday to protect teens against unwanted contact and malicious online interactions. The measures aim to provide a more appropriate user experience for youth in [Read More…]
Airfare prices plummet: Prepare to book holiday travel soon
Greg Bajor/Getty Images (NEW YORK) — The cost of a plane ticket is plummeting: Experts say domestic airfare for the fall is down 29% from the summer. “That’s about $87 per ticket less expensive than [Read More…]
Hot chicken is back at Shake Shack with three new spicy menu items
Shake Shack (NEW YORK) — Spicy foods deliver a unique feeling — not to be confused with flavor — and for those with pepper-preferential palates and with a wide range of capsaicin-filled foods, fast casual [Read More…]
What it’s like to ride in a self-driving taxi
ABC News (SAN FRANCISCO) — With self-driving cars already here, San Francisco took another step forward recently, allowing companies to offer driverless taxi services in the city. Last month, officials voted to allow two companies, [Read More…]
Over 15K pounds of Hillshire Smoked Sausage recalled due to possible contamination with bone fragments
USDA (NEW YORK) — Hillshire Brands Company has recalled nearly 15,876 pounds of blended meat and poultry smoked sausage products “that may be contaminated with extraneous materials, specifically bone fragments,” the U.S. Department of Agriculture’s [Read More…]