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ABC Business News

Snapchat releases new safety measures for teens
Snapchat (NEW YORK) — Snapchat announced new safeguards on its app Thursday to protect teens against unwanted contact and malicious online interactions. The measures aim to provide a more appropriate user experience for youth in [Read More…]

Airfare prices plummet: Prepare to book holiday travel soon
Greg Bajor/Getty Images (NEW YORK) — The cost of a plane ticket is plummeting: Experts say domestic airfare for the fall is down 29% from the summer. “That’s about $87 per ticket less expensive than [Read More…]

Hot chicken is back at Shake Shack with three new spicy menu items
Shake Shack (NEW YORK) — Spicy foods deliver a unique feeling — not to be confused with flavor — and for those with pepper-preferential palates and with a wide range of capsaicin-filled foods, fast casual [Read More…]

What it’s like to ride in a self-driving taxi
ABC News (SAN FRANCISCO) — With self-driving cars already here, San Francisco took another step forward recently, allowing companies to offer driverless taxi services in the city. Last month, officials voted to allow two companies, [Read More…]

Over 15K pounds of Hillshire Smoked Sausage recalled due to possible contamination with bone fragments
USDA (NEW YORK) — Hillshire Brands Company has recalled nearly 15,876 pounds of blended meat and poultry smoked sausage products “that may be contaminated with extraneous materials, specifically bone fragments,” the U.S. Department of Agriculture’s [Read More…]

Four-day workweek, 46% raise: UAW makes ‘audacious’ demands ahead of possible strike against Big 3 automakers
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…]

Dispute between Disney and Spectrum: Here’s what to know
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…]

Everything we know about the new Disney Treasure cruise ship
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 CEO has a plan to end Americans’ range anxiety
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…]

Why the August jobs report bodes well for the inflation fight, according to economists
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…]

Labor Day weekend travel forecast: What to know before hitting the road, heading to the airport
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…]

Student loan interest to resume, inching closer to end of loan payment pause
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…]

Change in how feds see marijuana could mean big tax cut for pot retailers
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…]

Panama Canal’s low water levels could become headache for consumers
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…]

Burger King faces lawsuit disputing Whopper sandwich size
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…]

What to know about Disney World, airport closures as Hurricane Idalia slams Florida
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…]

Top CEOs call on Biden administration to address migrant influx in New York
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…]

What to know about Disney World, airport closures as Hurricane Idalia targets Florida
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…]

Chipotle agrees to $300K settlement over child labor allegations in DC
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…]

China trip to promote ‘healthy competition’ between countries: Commerce Secretary says
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…]