ABC Business News

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…]

Michael M. Santiago/Getty Images (NEW YORK) — The Writers Guild rejected the latest offer from TV and movie studios in a statement on Tuesday night, thrusting the acrimonious negotiations into public view 113 days after [Read More…]

jfizzy/Star Max/GC Images/ Getty Images (NEW YORK) — The disgraced founder of the 2017 Fyre Festival, Billy McFarland, is selling tickets for a follow-up event and customers are buying them, he said in recent posts [Read More…]

Andriy Onufriyenko/Getty Images (NEW YORK) — Target’s sales declined over a three-month period for the first time in six years, the company announced last week, attributing the loss in part to what the company’s Executive [Read More…]

Adam Gault/Getty Images (NEW YORK) — Generation Z is racking up more credit card debt than previous generations, while Generation X holds the highest average of credit card debt, according to recent data from Credit [Read More…]

Mark Wilson/Getty Images (NEW YORK) — Three days after Election Night 2020, dozens of CEOs from the nation’s largest companies logged into a Zoom call aiming to prevent the collapse of American democracy, according to [Read More…]

ABC News Senior Reporter Emmanuelle Saliba speaks with Adobe General Counsel and Chief Trust Officer Dana Rao. — ABC News (NEW YORK) — Experts tell ABC News that the rise of generative artificial intelligence is [Read More…]

Thomas Northcut/Getty Images (NEW YORK) — Mortgage rates have climbed to their highest levels in 21 years, according to data released by Freddie Mac on Thursday. The 30-year fixed-rate mortgage averaged 7.09% over the week [Read More…]

Aytug Can Sencar/Anadolu Agency via Getty Images (NEW YORK) — Special counsel Jack Smith earlier this year sought extensive data, including direct messages, tied to former President Donald Trump’s account on X, formerly known as [Read More…]

RapidEye/Getty Images (NEW YORK) — A New Jersey federal judge has ordered Starbucks to pay a former employee who was awarded $25.6 million in a wrongful termination suit an extra $2.7 million in damages. Shannon [Read More…]

Grace Cary/Getty Images (NEW YORK) — If you’re in the market to rent a new home, there’s a new warning by the Federal Trade Commission that you should be wary of before you go tour [Read More…]

Wendy’s (NEW YORK) — Attention all Croissan’wich fans: There’s a new carb contender hitting the breakfast menu at Wendy’s. The fast food chain announced its latest a.m. innovation on Tuesday, launching two new English Muffin [Read More…]

Igor Golovniov/SOPA Images/LightRocket via Getty Images (HONOLULU) — Shares of Hawaiian Electric have plummeted nearly 40% since trading opened Monday over concerns that the utility company could be held liable for damage wrought by the Maui [Read More…]

Starbucks (NEW YORK) — Starbucks is adding a new spin to three of its drinks for the final weeks of summer. Creating unique customizations has long been popular with Starbucks fans, especially on social media, [Read More…]