ABC Business News

FDA (NEW YORK) — Nestlé USA issued a voluntary recall of a “limited quantity” of its Toll House Chocolate Chip Cookie Dough “break and bake” Bar product due to the “potential presence of wood fragments,” [Read More…]

MANDEL NGAN/Getty Images (NEW YORK) — Meta CEO Mark Zuckerberg said on Sunday that X owner Elon Musk “isn’t serious” about a potential cage match, adding that it’s “time to move on” from the much-hyped [Read More…]

Michael M. Santiago/Getty Images (NEW YORK) — Disgraced FTX founder Sam Bankman-Fried has had his bail revoked and he has been immediately remanded to custody of the U.S. Marshals. Judge Lewis A. Kaplan made the [Read More…]

Paras Griffin/Getty Images (NEW YORK) — Fearless Fund, a venture capitalist firm that invests in female entrepreneurs of color, is now the target of a lawsuit launched by a group founded by the man who [Read More…]

(SAN JOSE, Calif.) — Zoom, whose sales and cultural prominence soared when the pandemic forced millions of workers to stay home, said last week that it plans to bring employees back to the office. The [Read More…]

Anton Petrus/Getty Images (NEW YORK) — Consumer prices rose 3.2% last month compared to a year ago, marking an uptick that reverses some of the progress achieved in the monthslong fight to bring inflation down [Read More…]

Virgin Galactic02 crew members, Jon Goodwin, Keisha Schahaff and Anastasia Mayers. (Virgin Galactic) (NEW YORK) — Virgin Galactic is launching its first mission carrying paying customers on Thursday just weeks after the company’s first flight [Read More…]

Burger King (NEW YORK) — Chicken Caesar wraps are all over food TikTok and whether you’re on the social media video sharing app or not, a tasty chicken sandwich in portable, easy-to-eat wrap form is [Read More…]

Anton Petrus/Getty Images (NEW YORK) — Inflation data to be released on Thursday will show whether a monthslong cooldown of price increases continued in July. The fresh data arrives roughly two weeks after the Federal [Read More…]

Brandon Bell/Getty Images (NEW YORK) — Drivers have enjoyed relief at the gas pump this summer compared with eye-popping prices a year ago, but an alarming trend has emerged in recent weeks: Prices are rising once [Read More…]

Cadillac (NEW YORK) — Cadillac’s newest Escalade sport utility vehicle is more brash, commanding and luxurious than the current model. It’s also electric. “The first word you get is ‘Wow,’” John Roth, vice president of Global [Read More…]

IronHeart/Getty Images (NEW YORK) — A single ticket sold in Florida won the estimated $1.58 billion jackpot in Tuesday night’s Mega Millions drawing, a record high for the lottery and among the largest-ever U.S. drawings, [Read More…]

Yuki Iwamura/Bloomberg via Getty Images (NEW YORK) — Federal prosecutors in New York on Tuesday signaled their intention to hold embattled crypto executive Sam Bankman-Fried accountable for alleged campaign finance violations despite dropping the charge last [Read More…]

Justin Sullivan/Getty Images (NEW YORK) — The Campbell Soup Company is expanding its presence on grocery store shelves with a new deal to acquire Sovos Brands Inc., the maker of Rao’s pasta sauces and noosa [Read More…]

Steve Taylor/SOPA Images/LightRocket via Getty Images (NEW YORK) — While some tech giants neared or imposed widespread layoffs last year, compensation for their CEOs climbed as much as tens of millions of dollars, according to an [Read More…]

Mint Images/Getty Images (NEW YORK) — Disgraced crypto executive Sam Bankman-Fried deserves to have his bail revoked and to be detained before he is tried for fraud and conspiracy charges stemming from the collapse of [Read More…]

Courtesy Dylan McCarty (NEW JERSEY)– The lack of available homes on the market is near historic lows, sparking fierce bidding wars in cities across the country – and prompting many buyers to get creative with [Read More…]

Bill Varie/Getty Images (NEW YORK) — CVS Health is laying off 5,000 employees as part of an effort to shed costs, the retail and pharmacy chain confirmed on Tuesday. The layoffs will primarily affect “non-customer [Read More…]

IronHeart/Getty Images (NEW YORK) — The Federal Reserve raised interest rates to a 22-year high this week — a milestone that carries major implications for the finances of everyday people, experts told ABC News. The [Read More…]

RiverNorthPhotography/Getty Images (NEW YORK) — Anheuser-Busch plans to lay off hundreds of corporate employees, a company spokesperson told ABC News on Thursday. The layoffs come months after a product endorsement from Dylan Mulvaney, a transgender [Read More…]