ABC Business News

Justin Sullivan/Getty Images (NEW YORK) — When Tori Mccun found out that her father had suddenly died in June, grief and stress sapped her resolve to write a eulogy, she said. Despite the misgivings of her [Read More…]

Scott Olson/Getty Images (WASHINGTON) — President Joe Biden called for unionization across the auto industry and embraced the broader labor movement in an address to members of the United Auto Workers at a car plant [Read More…]

Yuki Iwamura/Bloomberg via Getty Images (NEW YORK) — WeWork, the office-sharing company that experienced a dazzling rise and sudden decline that came to symbolize the excesses of business startup culture, filed for bankruptcy on Monday. In [Read More…]

Tetra Images/Getty Images (NEW YORK) — Starbucks will raise the hourly pay of U.S. retail employees by 3% at the outset of next year, the company announced on Monday. The Seattle-based coffee chain operates roughly [Read More…]

Tyson Chicken Nuggets Fully Cooked bag (Frozen). Food Safety and Inspection Service — USDA (NEW YORK) — Tyson Foods is voluntarily recalling almost 30,000 pounds of its dinosaur-shaped chicken nuggets due to possible contamination of [Read More…]

ABC News (NEW YORK) — Despite a gradual slowdown in investment opportunities for Black businesses, Daymond John is determined to rewrite the narrative through Black Entrepreneurs Day. John, CEO of FUBU and co-star of ABC’s [Read More…]

Douglas Sacha/Getty Images (NEW YORK) — A gangbusters job market showed pronounced signs of a slowdown last month, a government report on Friday showed. The fresh data elicited predictions from some economists that hiring could [Read More…]

Mint Images/Getty Images (NEW YORK) — A jury has found FTX founder Sam Bankman-Fried guilty on all charges in his federal fraud and conspiracy trial. The jury deliberated for a little over four hours before [Read More…]

Jeenah Moon/Bloomberg via Getty Images (NEW YORK) — The cost of doing business in California could soon be slightly more expensive with minimum wages set to increase in April. But what does that mean for [Read More…]

Michael Nagle/Bloomberg via Getty Images (NEW YORK) — DoorDash is testing a new notification it hopes will encourage customers to leave a tip for delivery drivers. The delivery giant is rolling out a message to [Read More…]

RapidEye/Getty Images (NEW YORK) — Uber and Lyft agreed Thursday to pay a combined $328 million for withholding money from drivers. Uber agreed to pay $290 million and Lyft $38 million in what New York [Read More…]

Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve left interest rates unchanged on Wednesday, despite stubborn inflation that has resisted the central bank’s fight to cool price increases. The move allows previous rate increases to take [Read More…]

Bloomberg Creative/Getty Images (WASHINGTON) — Once bemoaned as a source of recession worries, the U.S. economy has become a wellspring of good news: blistering growth, robust hiring and consumers opening their wallets for everything from [Read More…]

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

ABC News (NEW YORK) — Jurors will soon begin deliberating in the trial of FTX founder Sam Bankman-Fried, nearly a year after the cryptocurrency trading platform’s collapse, as federal prosecutors are accusing him of orchestrating [Read More…]

Craig Hastings/Getty Images (WASHINGTON) — Two senators are asking U.S. regulators to address “unfair” practices in airlines’ frequent flyer programs. In a letter sent Monday night, Dick Durbin, D-Ill., and Roger Marshall, R-Kan., asked the [Read More…]

Witthaya Prasongsin/Getty Images (DETROIT) — General Motors has reached a tentative deal with United Auto Workers to end their strike, GM and the union confirmed Monday. GM joins Stellantis and Ford, which reached deals in [Read More…]

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…]