ABC Business News

Hershey’s (NEW YORK) — Chocolate lovers who can’t eat dairy are now in luck when it comes to two beloved milk chocolate treats from Hershey’s. As more people trend toward plant-based snacks, Hershey’s launched two [Read More…]

lechatnoir/Getty Images (WASHINGTON) — The U.S. Department of Transportation introduced a new online tool for airline customers on Monday — a dashboard that aims to cut down on and ultimately eliminate extra fees families often [Read More…]

Bloomberg Creative/Getty Images (WASHINGTON) — Federal Reserve Chair Jerome Powell on Tuesday warned of potentially devastating consequences of a U.S. debt default and called on Congress to raise the debt ceiling. Speaking to the Senate [Read More…]

Bloomberg via Getty Images, FILE (WASHINGTON) — The Justice Department on Tuesday filed a lawsuit to stop the proposed merger between JetBlue and Spirit Airlines. The $3.8 billion merger would create the nation’s fifth largest [Read More…]

Zbigniew Bzdak/Chicago Tribune/Tribune News Service via Getty Images (NEW YORK) — Electric carmaker Tesla slashed the prices of its two most expensive cars in the U.S., the automaker’s website showed on Monday. The price cuts [Read More…]

Samyukta Lakshmi/Bloomberg via Getty Images (NEW YORK) — Anna Gifty Opoku-Agyeman, a graduate student studying economics and public policy at Harvard Kennedy School, who is Black, said she never would have entered the field if she [Read More…]

Olivier Douliery/AFP via Getty Images (NEW YORK) — Amazon has paused construction on its second headquarters in Virginia, known as “HQ2,” the company said Friday. The first phase of the HQ2 campus, called Met Park, [Read More…]

Anton Petrus/Getty Images (NEW YORK) — Growing recession alarm at the outset of this year warned of a coming business slowdown and significant job losses — until a government report last month showed that unemployment [Read More…]

The Good Brigade/Getty Images (NEW YORK) — Social media platform TikTok will set a default 60-minute screen time limit for users below age 18, the company announced on Wednesday. When the one-hour limit expires, young [Read More…]

Caíque de Abreu/Getty Images (NEW YORK) — Eli Lilly will cut the price of its most commonly prescribed insulin products by 70% and expand a program that caps patient costs at $35 per month, the [Read More…]

Kinga Krzeminska/Getty Images (NEW YORK) — When Alyn Carroll received information that her Supplemental Nutrition Assistance Program (SNAP) will soon be substantially decreased, her emotions almost overtook her. “I wanted to cry,” Carroll, 56, told [Read More…]

Dan Kitwood/Getty Images (WASHINGTON) — The backlash against China-owned TikTok in the U.S. and other Western countries escalated in recent days, as some U.S lawmakers pushed to give President Joe Biden the authority to impose [Read More…]

Beata Zawrzel/NurPhoto via Getty Images (NEW YORK) — Nishad Singh, former director of engineering at FTX, the bankrupt cryptocurrency exchange founded by Sam Bankman-Fried, agreed Tuesday to plead guilty to criminal charges, according to his lawyers [Read More…]

Scott Olson/Getty (BELVIDERE, Ill.) — Over a thousand automotive workers in Illinois will clock out of a Jeep assembly plant for the last time Tuesday, stopping what a local union president described as the “heartbeat” [Read More…]

FDA.gov (NEW YORK) — Prepackaged shrimp that was distributed to retailers across four states has been recalled due to a possible health risk. Kawasho Foods USA Inc. initiatied a voluntary recall of its 4-ounce canned [Read More…]

Greg Bajor/Getty Images (NEW YORK) — Airlines around the world are changing flight schedules for thousands of upcoming summer flights. If you’ve already booked a flight for May, June, July or August, there is a [Read More…]

Virojt Changyencham/Getty Images (NEW YORK) — JP Morgan Chase faced new accusations from Charlie Javice, the young entrepreneur behind the student financial aid startup Frank, which the bank acquired in a $175 million transaction chief [Read More…]

Noel Hendrickson/Getty Images (NEW YORK) — Deanna Hardy of Marshfield, Wisconsin, is stocking up on pricier food items like meat, eggs and salmon before her family’s monthly food stamp benefits are drastically reduced. “We’re really [Read More…]

Douglas Sacha/Getty Images (NEW YORK) — The job market is booming, despite headline-grabbing layoffs at tech behemoths like Amazon and Google. As illustrated by that contrast in fortunes, however, the hiring surge hasn’t been distributed [Read More…]

Chipotle (NEW YORK) — A recent viral food trend has not only grabbed the attention of TikTok viewers, it’s landed a spot on the menu at Chipotle Mexican Grill as well. Chipotle announced the new [Read More…]