ABC Business News

ABC News (NEW YORK) — Nearly two years ago in June 2021, mom Fran Humphreys got a phone call at work that no parent wants to receive. “I was called at work and came home [Read More…]

5./15 WEST/Getty Images (WASHINGTON) — The push on Capitol Hill to rein in China-owned social media network TikTok has set its sights on tech giants Apple and Google. Sen. Michael Bennet, D-CO, sent a letter [Read More…]

USDA (NEW YORK) — Conagra Brands is recalling over 2.5 million pounds of canned meat and poultry after a packaging defect that might cause contamination was found, the U.S. Department of Agriculture’s Food Safety and [Read More…]

Peerapon Boonyakiat/SOPA Images/LightRocket via Getty Images (NEW YORK) — Depending on where they live, owners of certain Hyundai and Kia models may have a hard time insuring their vehicles due to the cars’ high incidence [Read More…]

Darren Staples/Bloomberg via Getty Images (NEW YORK) — The U.S. Department of Labor on Wednesday announced new citations at three more Amazon warehouses — in Aurora, Colorado; Nampa, Idaho; and Castleton, New York -. for [Read More…]

Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve said Wednesday it was raising its short-term borrowing rate another 0.25%, the central bank’s second consecutive decision to slow rate increases while extending an effort to cool the [Read More…]

Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve is set to announce on Wednesday whether it will impose another interest rate hike, the central bank’s latest move in a months-long fight that has eased inflation [Read More…]

PK-Photos/Getty Images (NEW YORK) — Two travelers claim United Airlines lost their wheelchairs after taking a flight with the carrier earlier this week. Karah Behrend and Ryan Major were returning from a wheelchair rugby tournament [Read More…]

Krispy Kreme (NEW YORK) — Valentine’s Day celebrations just got sweeter with four new doughnuts at Krispy Kreme. The new heart-shaped doughnuts, which hit menus Tuesday, are made with real Hershey’s milk chocolate and Hershey’s [Read More…]

Courtesy of Nike, Tiffany & Co. (NEW YORK) — The moment many sneaker fans have been patiently waiting for has arrived. Nike and Tiffany & Co. have partnered to create a “Legendary Pair” of the [Read More…]

ABC News (NEW YORK) — Sam Bankman-Fried’s bond guarantors should be named publicly, a federal judge ruled Monday after news organizations objected to the names being redacted. Bankman-Fried was released on a $250 million personal [Read More…]

RapidEye/Getty Images (NEW YORK) — Johnson & Johnson cannot use bankruptcy court to resolve civil lawsuits that claim its iconic baby powder caused cancer, a federal appeals court ruled Monday. The opinion foiled Johnson & [Read More…]

USDA (NEW YORK) — Before you start on that charcuterie board, check your meats to ensure they’re safe to consume. Over 50,000 pounds of ready-to-eat sausage products were recalled Sunday due to possible listeria contamination, [Read More…]

dowell/Getty Images (NEW YORK) — Layoffs have battered the tech industry in 2023, carrying over a series of job cuts that began last year. In all, about 50,000 people have lost their positions this month. [Read More…]

Marko Geber/Getty Images (NEW YORK) — The term “quiet quitting” went viral last year, describing people who stay in their jobs but mentally take a step back — for example, working the bare minimum and [Read More…]

(NEW YORK) — Disgraced crypto executive Sam Bankman-Fried has made “recent attempts” to contact prospective witnesses in his criminal case, federal prosecutors said Friday in a letter to the judge that sought new conditions of his [Read More…]

Anchalee Phanmaha/Getty Images (NEW YORK) — Continued recession fears and a cascade of tech industry layoffs have drawn renewed attention to severance packages, the compensation offered to some departing employees. Severance packages, which range widely [Read More…]

Nicky J Sims/Getty Images, FILE (NEW YORK) — Human-made chemicals known as PFAS are back in the spotlight after the feminine hygiene company Thinx settled a class-action lawsuit earlier this month for millions of dollars. [Read More…]

Javier Ghersi/Getty Images (WASHINGTON) — The U.S. economy grew robustly at the end of last year, defying recession fears and weathering an aggressive series of interest rate hikes from the Federal Reserve, government data showed. [Read More…]

Javier Ghersi/Getty Images (WASHINGTON) — Investors, business leaders and everyday Americans will be keeping a close watch on the release of gross domestic product data on Thursday, as inflation eases but recession fears still loom. [Read More…]