ABC Business News

Bill Pugliano/Getty Images (DETROIT) — A four-day workweek at full-time pay, a 46% wage increase and a share of company profits are among the demands of the union representing approximately 150,000 workers at the Big 3 [Read More…]

Budrul Chukrut/SOPA Images/LightRocket via Getty Images (NEW YORK) — Nearly 15 million cable viewers lost access to ESPN, ABC and other Disney-owned channels over Labor Day weekend when the global entertainment company and cable giant Charter [Read More…]

Disney (NEW YORK) — The all-new Disney Treasure is the sixth ship to join the magical Disney Cruise Line fleet, and while it doesn’t officially set sail until December 2024, ABC News’ Good Morning America [Read More…]

Lucid Motors (NEW YORK) — America has range anxiety. Lucid Motors CEO Peter Rawlinson may have an answer. Rawlinson, an industry veteran who previously engineered cars for Tesla, Lotus and Jaguar, built the Lucid Air [Read More…]

Kwanchai Lerttanapunyaporn/EyeEm/Getty Images (NEW  YORK) — The U.S. hiring spree slowed in recent months as employers took on fewer workers and provided smaller wage increases, government data released on Friday showed. Hiring held steady in [Read More…]

Greg Bajor/Getty Images (NEW YORK) — As the summer winds down, Labor Day weekend travel is about to get underway. Here’s what you need to know before hitting the road or heading to the airport. [Read More…]

by Marc Guitard/Getty Images (WASHINGTON) — It’s a moment those with student loans have been dreading — payments are one step closer to resuming. After a three-year pause on federal student loan payments, Friday will [Read More…]

Anton Petrus/Getty Images (WASHINGTON) — The Biden administration is rethinking how it classifies marijuana under a federal list of drugs, a move that could allow the cannabis industry to save potentially billions in federal taxes [Read More…]

jmsilva/Getty Images (NEW YORK) — Low water levels at the Panama Canal are causing a traffic jam at the historic trading route that connects the Atlantic and Pacific Oceans, threatening to ensnarl the holiday shipping [Read More…]

Matt Cardy/Getty Images (MIAMI) — Fast food chain Burger King is facing a lawsuit that claims its signature Whopper is marketed on restaurant menu boards as a bigger sandwich than it is in reality. Consumers [Read More…]

Joe Burbank/Orlando Sentinel/Tribune News Service via Getty Images (NEW YORK) — As Hurricane Idalia slams parts of Florida, the state’s huge tourism industry is also being impacted. The storm made landfall in Florida’s Big Bend [Read More…]

Citigroup CEO Jane Fraser testifies during a Senate Banking, Housing, and Urban Affairs Committee hearing on Capitol Hill, Sept. 22, 2022 in Washington, DC. — Drew Angerer/Getty Images, FILE (NEW YORK) — Dozens of the [Read More…]

Joe Burbank/Orlando Sentinel/Tribune News Service via Getty Images (NEW YORK) — As Hurricane Idalia makes its way towards Florida, one area at risk is the state’s huge tourism industry. The storm is forecast to make [Read More…]

RapidEye/Getty Images (NEW YORK) — Chipotle Mexican Grill has agreed to a six-figure settlement after an investigation in the nation’s capital “identified over 800 potential violations of Washington, D.C.’s child labor laws over the past [Read More…]

Brendan Smialowski/AFP via Getty Images (WASHINGTON) — As Secretary of Commerce Gina Raimondo’s plane touches down in Beijing, the goal of the trip, according to the Secretary, is to promote “healthy competition” between the two [Read More…]

Witthaya Prasongsin/Getty Images (NEW YORK) — The union representing approximately 150,000 workers at the Big Three U.S. automakers — General Motors, Ford and Stellantis — has voted to authorize a strike if no deal is [Read More…]

CFOTO/Future Publishing via Getty Images (WASHINGTON) — The Department of Justice is suing SpaceX, the aerospace company owned by Elon Musk, over alleged discriminatory practices against people living in the country under asylum and refugees. [Read More…]

Starbucks (NEW YORK) — Despite the date on the calendar, brands are already busy preparing their post-summer push for all things pumpkin spice, unleashing fall offerings a full 28 days before the last day of [Read More…]

Steve Heap/Getty Images (NEW YORK) — Believe it or not, the holiday season is quickly approaching. Mega-retailer Walmart released its highly anticipated Top Toys List for the 2023 season this week to help you get [Read More…]

moodboard/Getty Images (NEW YORK) — Sky-high mortgage rates have helped slam the brakes on the housing market, recent data shows. Mortgage rates climbed to their highest levels in 21 years, Freddie Mac data showed last [Read More…]