ABC Business News

Ty O’Neil/SOPA Images/LightRocket via Getty Images (NEW YORK) — Workers for UPS are edging closer to a strike after a breakdown in talks between the delivery giant and the Teamsters union representing its employees. Both [Read More…]

Shannon Fagan/Getty Images (NEW YORK) — Years after the death of George Floyd shined a spotlight on societal inequities, diversity professionals say some companies are turning their backs on the progress that’s been made to [Read More…]

Jason Marz/Getty Images (SAN FRANCISCO) — Asian Americans throughout Silicon Valley are unifying in support of one man after a new lawsuit was filed last month against Lumentum Operations, LLC, alleging Asian discrimination throughout the [Read More…]

Sarah Silbiger/Getty Images (WASHINGTON) — The U.S. Food and Drug Administration and the Federal Trade Commission have jointly issued warning letters to six companies that they say illegally sold copycat food products that look like [Read More…]

Davide Bonaldo/SOPA Images/LightRocket via Getty Images (NEW YORK) — Twitter sent Meta a cease-and-desist letter over the newly launched Threads app, sources familiar with the letter’s existence told ABC News. The letter was sent by [Read More…]

Christoph Dernbach/picture alliance via Getty Images (NEW YORK) — Meta, the parent company of Facebook, has officially launched Threads, a new “conversation” app that appears to be the firm’s long-awaited counterpart to Twitter. The app [Read More…]

Kinga Krzeminska/Getty Images (NEW YORK) — A pair of belVita Breakfast Sandwich products have been voluntarily recalled because they have potential “undeclared peanut,” according to the company that makes the biscuits. Mondelēz Global announced the [Read More…]

Christoph Dernbach/picture alliance via Getty Images (NEW YORK) — Mark Zuckerberg and Elon Musk averted a cage fight last month but the companies they oversee — Meta and Twitter, respectively — are set to square [Read More…]

USFDA (NEW YORK) — Gluten-free breakfast fans, check your freezer to ensure this newly recalled frozen waffle brand doesn’t make it to the toaster. On Monday, Van’s International Foods issued a voluntary recall with full [Read More…]

Joe Raedle/Getty Images (NEW YORK) — Florida resident María and her husband say they are afraid to leave their homes. The couple, who are undocumented workers, only leave their house to go to work, out [Read More…]

Steve Heap/Getty Images (NEW YORK) — It’s the season for sales and Walmart is getting in on the action. The retail giant is hosting a July savings event with exclusive deals for Walmart Plus members. [Read More…]

Lamborghini (SANT’AGATA BOLOGNESE, Italy) — Enthusiasts scoffed, guffawed and protested when Porsche, maker of the venerated 911 sports car, launched its Cayenne sport utility vehicle in 2002. The large SUV boosted the marque’s sagging sales, winning [Read More…]

Milamai/Getty Images (NEW YORK) — Twitter owner Elon Musk introduced, then quickly amended, new rules to the social media platform on Saturday that set “temporary limits” on how many posts can be read per day. [Read More…]

Craig Hastings/Getty Images (NEW YORK) — Whether you’re heading to the beach or a barbecue this Fourth of July holiday weekend, here’s what you need to know before hitting the highway or heading to the [Read More…]

CPSC (NEW YORK) — The Consumer Product Safety Commission is warning parents to stop using baby and infant loungers from Gorsetle US that were sold online through Amazon exclusively. The CPSC said in a Thursday [Read More…]

Pepsi (NEW YORK) — Hot dogs are synonymous with summer, so Pepsi created a new condiment that even competitive eater Joey Chestnut would add atop his all-American eats. Since cola is a classic accompaniment with [Read More…]

Ahmet Okur/Anadolu Agency via Getty Images (NEW YORK) — Virgin Galactic is launching its first fully commercial flight of the SpaceShipTwo space plane, the company announced. The ship will carry four people and launch around [Read More…]

Javier Ghersi/Getty Images (WASHINGTON) — The U.S. economy grew significantly more at the outset of this year than an initial measurement indicated, according to a major upward revision released on Thursday by the Commerce Department. [Read More…]

Ryan McGinnis/Getty Images (WASHINGTON) — A unanimous Supreme Court on Thursday ruled in favor of a former U.S. Postal Service letter carrier from Pennsylvania who didn’t want to work on Sundays in order to observe [Read More…]

Ahmet Okur/Anadolu Agency via Getty Images (NEW YORK) — Virgin Galactic is launching its first fully commercial flight of the SpaceShipTwo space plane, the company announced. The ship will carry four people and launch around [Read More…]