ABC Business News

David Paul Morris/Bloomberg via Getty Images (NEW YORK) — Society may be getting one step closer to the flying commuter vehicles made famous in the animated series The Jetsons, as Ohio just announced that hundreds [Read More…]

Brandon Bell/Getty Images (NEW YORK) — An August cyberattack on Clorox caused “wide-scale disruptions” in its operations, which could mean product delays and shortages, according to a securities filing Monday. The Clorox Company, known for [Read More…]

Bill Pugliano/Getty Images (DETROIT) — A labor strike against the three largest motor vehicle manufacturers in the United States carried into a fourth day on Monday amid ongoing negotiations to reach a deal. The United [Read More…]

Bill Pugliano/Getty Images (DETROIT) — The head of the United Auto Workers said plans by two automakers to temporarily lay off non-striking employees “won’t work,” as the unprecedented strike enters the second day. The UAW, which [Read More…]

Bill Pugliano/Getty Images (DETROIT) — A strike launched by thousands of autoworkers against the Big 3 U.S. automakers early Friday morning has spotlighted an issue raised by employees across the economy: The gap between CEO and [Read More…]

Marko Geber/Getty Images (DALLAS) — When Republican Texas Gov. Greg Abbott declared a war on “woke” earlier this year with a proposal that would require booksellers to rate texts before selling them to school districts, [Read More…]

Nitat Termmee/Getty Images (NEW YORK) — Lordstown, Ohio, has been a crucial and valued site in the automotive industry, and now it is at the crossroads of what could be a major labor movement. The [Read More…]

Kinga Krzeminska/Getty Images (NEW YORK) — A boycott against Bud Light has hammered sales for months, dethroning the brand as the nation’s most popular beer and demonstrating the longevity of an anti-trans consumer movement that [Read More…]

MATTHEW HATCHER/Getty Images (NEW YORK) — A union representing nearly 150,000 autoworkers launched a strike early Friday morning against the Big 3 U.S. automakers — General Motors, Ford and Stellantis. The United Auto Workers, or [Read More…]

Bill Pugliano/Getty Images (DETROIT) — A potential strike at the Big 3 U.S. automakers — General Motors, Ford and Stellantis – would threaten the livelihood of up to 143,000 workers and the bottom line at [Read More…]

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…]

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…]

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…]

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…]

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…]

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…]

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…]

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…]

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…]

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…]