ABC Business News

Tayfun Coskun/Anadolu Agency via Getty Images (NEW YORK) — A winning ticket for the $1 billion Powerball jackpot was sold in California. The winning numbers in Wednesday night’s drawing were 7, 10, 11, 13 and [Read More…]

Robert Gauthier/Los Angeles Times via Getty Images (SCOTTSDALE, Ariz.) — Face masks that were in during the COVID-19 pandemic will officially be out at some In-N-Out Burger locations across five states, according to a company memo. [Read More…]

Tayfun Coskun/Anadolu Agency via Getty Images (NEW YORK) — The Powerball jackpot has grown to $1 billion for Wednesday night’s drawing, the game’s third-largest prize ever. The jackpot has a cash value of $516.8 million, [Read More…]

Craig Hastings/Getty Images (NEW YORK) — Summer air travel is already off to a bumpy start for many travelers experiencing more flight delays than usual and now there’s a new alert for when it’s time [Read More…]

John Lamparski/Getty Images (LOS ANGELES) — As the Hollywood-paralyzing strike by the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) went into its fifth day Tuesday, the studios and producers accused the union of [Read More…]

Tayfun Coskun/Anadolu Agency via Getty Images (NEW YORK) — The Powerball jackpot has ballooned to $1 billion after Monday night’s drawing produced no winners, the third-largest purse in Powerball history. The winner numbers in Monday’s [Read More…]

IronHeart/Getty Images (NEW YORK) — An estimated $1 billion jackpot is up for grabs in the next Powerball drawing. It’s the third-largest purse in the game’s history and the seventh-largest U.S. lottery jackpot, according to [Read More…]

Cyril Marcilhacy/Bloomberg via Getty Images (NEW YORK) — A better-than-expected inflation report last week bolstered hopes that a prolonged bout of severe price hikes is near its end — but the costs of some staple items [Read More…]

CHRIS DELMAS /GETTY IMAGES (LOS ANGELES) — A union representing roughly 160,000 actors launched a strike overnight, bringing Hollywood to a standstill just two months after TV and movie writers walked off the job. Prominent [Read More…]

Carol Yepes/Getty Images (NEW YORK) — Billionaire entrepreneur Elon Musk launched an artificial intelligence company called xAI on Wednesday, vowing to develop a generative AI program that competes with established offerings like ChatGPT. The company [Read More…]

Catherine Falls Commercial/Getty Images (NEW YORK) — The founder of cryptocurrency lending platform Celsius Network was arrested Thursday on federal charges. Alexander Mashinsky founded Celsius in 2018 and positioned it as a stable, safe alternative [Read More…]

Mario Tama/Getty Images (LOS ANGELES) — The Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) negotiating committee has voted unanimously to recommend a strike in a move that could incapacitate Hollywood productions. The [Read More…]

LPETTET/Getty Images (NEW YORK) — The Powerball jackpot is now an estimated $875 million for Saturday’s drawing, after no winners took home the big payday on Wednesday night. The jackpot for Wednesday night’s drawing was [Read More…]

Marko Geber/Getty Images (NEW YORK) — First there was ” quiet quitting,” then there was ” quiet hiring,” and now the latest workplace trend is “loud quitting,” new data shows. Nearly 1 in 5, or [Read More…]

Vittorio Zunino Celotto/Getty Images (NEW YORK) — The Walt Disney Company has announced that Bob Iger will remain CEO for two additional years, extending his contract through Dec. 31, 2026. The Walt Disney Company Board of [Read More…]

Barry Winiker/Getty Images (SAN FRANCISCO) — The slew of closures of retail stores in San Francisco in recent months doubles as a roundup of well-known shopping brands: Whole Foods, Old Navy and Nordstrom, among others. [Read More…]

Mario Tama/Getty Images (LOS ANGELES) — The Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) is expected to strike at midnight PT if a deal between the union and studios isn’t agreed upon, a [Read More…]

Vittorio Zunino Celotto/Getty Images (NEW YORK) — The Walt Disney Company has announced that Bob Iger will remain CEO for two additional years, extending his contract through Dec. 31, 2026. The Walt Disney Company Board of [Read More…]

Barry Winiker/Getty Images (SAN FRANCISCO) — The slew of closures of retail stores in San Francisco in recent months doubles as a roundup of well-known shopping brands: Whole Foods, Old Navy and Nordstrom, among others. [Read More…]

LPETTET/Getty Images (NEW YORK) — The Powerball jackpot has grown to $750 million for Wednesday night’s drawing — the game’s sixth-largest prize ever. The top prize has a cash value of $378.8 million. The Powerball [Read More…]