ABC Business News

Scott Olson/Getty Images (NEW YORK) — A staple in many American kitchens could soon be coming to an end. Tupperware, which has been in American homes for more than 75 years, is now saying it [Read More…]

DenisTangneyJr/Getty Images (NEW BRUNSWICK, N.J.) — Thousands of academic workers at Rutgers University, including professors and graduate student workers, launched a strike on Monday, picketing outside of campus buildings and urging colleagues to forego teaching [Read More…]

Marko Geber/Getty Images (NEW YORK) — As young professionals navigate the workforce with an emphasis on valuing self-care and work-life balance, behavioral trends like “quiet quitting” and pushes for a four-day workweek have emerged. Now, [Read More…]

AaronP/Bauer-Griffin/GC Images (NEW YORK) — The place where dreams come true is making magic for Disney theme park fans who have asked about Walt Disney World Annual Passes. “New sales of the Disney Incredi-Pass, Disney [Read More…]

EF Volart via Getty Images (NEW YORK) — Electric bikes have made headlines for the dramatic leap in sales of the devices during the pandemic. However, they’ve also drawn notoriety for occasionally sparking deadly fires. [Read More…]

d3sign/Getty Images (SAN FRANCISCO) — Bob Lee, Cash App founder and current executive at cryptocurrency firm MobileCoin, has died, the company told ABC News. He was 43 years old. A longtime tech executive, Lee was [Read More…]

Illustration by Justin Sullivan/Getty Images (NEW YORK) — Johnson & Johnson announced Tuesday that the company has agreed to pay $8.9 billion over 25 years to settle “all current and future” claims that the company’s [Read More…]

krisanapong detraphiphat/Getty Images (NEW YORK) — A tech start-up CEO once considered a preeminent American entrepreneur has been arrested and charged with fraud for allegedly lying to J.P. Morgan Chase, the Department of Justice said [Read More…]

Javier Ghersi/Getty Images (NEW YORK) — A crippled banking system, stubbornly high inflation, recession fears — the growing set of threats has tipped the U.S. into precarious economic territory but the leader of the nation’s [Read More…]

Dr. Uma Valeti, founder and CEO of UPSIDE Foods, gives a tour of his Emeryville, Calif., facility to ABC News. — ABC News (EMERYVILLE, Calif.) — A scientific quest to feed the world, protect animals [Read More…]

Tetra Images/Getty Images (NEW YORK) — A group of oil-producing nations imposed a significant cut in oil output with far-reaching consequences for U.S. gas prices, industry analysts told ABC News. The alliance of countries known [Read More…]

Consumer Product Safety Commission (NEW YORK) — The Laundress is recalling hundreds of thousands of laundry products four months after issuing a separate recall of millions of laundry detergent and cleaning products. On Friday, the [Read More…]

Ethan Miller/Getty Images (NEW YORK) — Endeavor, the parent company of UFC, acquired World Wrestling Entertainment on Monday in a merger that values the WWE at $9.3 billion, forming a worldwide combat sports behemoth, the [Read More…]

Olga Pankova via Getty Images (NEW YORK) — Starting April 1, Twitter users who don’t subscribe to Twitter Blue are going to have to say goodbye to their blue check marks. Recent changes implemented under [Read More…]

Jackyenjoyphotography via Getty Images (NEW YORK) — Encircled by camera-wielding supporters and journalists, Chris Smalls popped a bottle of champagne one year ago today to celebrate a watershed election that established the first-ever U.S. union [Read More…]

Jetson Electric Bikes recalls 42-Volt Rogue Self-Balancing Scooters/Hoverboards due to fire hazard. — CPSC (WASHINGTON) — After two deaths, approximately 53,000 hoverboards are being recalled due to fire risks, the U.S. Consumer Product Safety Commission [Read More…]

Luis Alvarez/Getty Images (SEATTLE) — Seattle will provide paid sick and safe leave for most gig workers under a new law, becoming the first U.S. city to guarantee such benefits on a permanent basis for [Read More…]

Witthaya Prasongsin/Getty Images (NEW YORK) — Embattled crypto executive Sam Bankman-Fried now faces an additional criminal charge of conspiracy to violate the anti-bribery provisions of the Foreign Corrupt Practices Act, according to a superseding indictment [Read More…]

Justin Sullivan/Getty Images, FILE (NEW YORK) — Roku plans to lay off another 200 workers, or 6% of its workforce, the video-streaming company said in a government filing on Thursday, just months after a prior [Read More…]

Justin Sullivan/Getty Images (NEW YORK) — Artificial intelligence-driven language models have garnered millions of users in recent months, instantly whipping up viral sensations like a biblical verse about how to remove a peanut butter sandwich from [Read More…]