ABC Business News

by Marc Guitard/Getty Images (WASHINGTON) — President Joe Biden issued a wide-ranging executive order on Monday that aims to safeguard against threats posed by artificial intelligence, ensuring that bad actors do not use the technology [Read More…]

Witthaya Prasongsin/Getty Images (NEW YORK) — General Motors has reached a tentative deal with United Auto Workers to end their strike, according to two sources familiar with the talks. GM joins Stellantis and Ford, which [Read More…]

Porsche (NEW YORK) — It was an outlandish concept. Take a Lamborghini Huracan — a low-slung, outrageously fast coupe — and transform it into an “all-terrain super sports car.” Lamborghinis are built for racetracks, not [Read More…]

Emily Elconin/Bloomberg via Getty Images (DETROIT) — The United Auto Workers union and Stellantis announced Saturday they have reached a tentative agreement, more than 40 days after the union launched a strike against the big [Read More…]

Allen J. Schaben/Los Angeles Times via Getty Images (NEW YORK) — Online retailer Shein has become well-known for its massive inventory of trendy clothing produced and sold to consumers on the cheap. In just a [Read More…]

Universal Images Group via Getty Images (TALLAHASSEE, FLORIDA) — Children’s book publisher Scholastic has reversed its decision to create a separate, optional section for its elementary school book fairs for titles written predominantly by and [Read More…]

Javier Ghersi/Getty Images (NEW YORK) — The U.S. economy grew at a blistering pace over three months ending in September, more than doubling growth in the previous quarter and rebuking worries about a possible recession. [Read More…]

Javier Ghersi/Getty Images (NEW YORK) — The U.S. economy is expected to have grown at a blistering pace over the three months ending in September, fueling optimism about the nation’s outlook but complicating the fight [Read More…]

fredrocko/Getty Images (NEW YORK) — Ford Motor and United Auto Workers union (UAW) have reached a tentative agreement that would end the strike at Ford, both parties confirmed Wednesday night. “Record profits mean record contracts. [Read More…]

Greg Bajor/Getty Images (NEW YORK) — Being a frequent flyer has gotten crowded and the rewards for being a repeat customer are seeing major changes. Frontier Airlines is the latest to join the growing list [Read More…]

LPETTET/Getty Images (NEW YORK) — AMC Theatres is adding a bit of mystery to the moviegoing experience. On Tuesday, the theater chain announced its first Screen Unseen event, which it said allows customers to watch [Read More…]

onurdongel/Getty Images (NEW YORK) — For travelers who wish they could squeeze in a final hug or few more minutes at the gate with friends or family before departing on their holiday flights, one airport [Read More…]

JohnFScott/Getty Images (NEW YORK) — Starbucks, McDonald’s and other major companies have touched off controversy tied to the Israel-Hamas war, exemplifying the corporate challenges posed by the high-stakes and politically charged conflict. Starbucks sued its [Read More…]

Universal Images Group via Getty Images (TALLAHASSEE, FLORIDA) — The decision by children’s book publisher Scholastic to create a separate, optional section for its elementary school book fairs for titles written predominantly by and about [Read More…]

CPSC (NEW YORK) — The U.S. Consumer Product Safety Commission has announced a recall of more than 60,000 biometric gun safes because of a programming feature that “can allow unauthorized access to the safes.” At [Read More…]

CPSC (NEW YORK) — Fisher-Price is recalling about 21,000 units of some of their popular Thomas & Friends toys. Parents and customers are being advised to stop using Thomas & Friends Wooden Railway Troublesome Truck [Read More…]

ABC News (NEW YORK) — The 30-year fixed mortgage rate this week climbed to 8%, reaching that level for the first time since 2000, according to Mortgage News Daily. The milestone arrives after months of rate [Read More…]

EllenMoran/Getty Images (NEW YORK) — Good news for flyers who opt for the window seat — your boarding zone will soon be prioritized on United Airlines. According to an internal memo from the Chicago-based carrier [Read More…]

GMVozd/Getty Images (NEW YORK) — With just over one month remaining until Thanksgiving and the start of the winter holiday season, Americans are already eyeing grocery prices to gauge how much their festive gatherings are [Read More…]

simonkr/Getty Images (NEW YORK) — Nearly half of all injuries reported from electric bikes in the last six years took place in 2022, according to a new report from the Consumer Product Safety Commission (CPSC). [Read More…]