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ABC Business News
Shopping expert shares the ins and outs of returning unwanted holiday gifts
Ceneri/Getty Images (NEW YORK) — ‘Tis the season for returning unwanted Christmas presents, and smart shopping expert Trae Bodge of TrueTrae.com is sharing some helpful tips to help make the process a little bit easier. [Read More…]
Stranded Southwest customers detail efforts to get home amid flight cancellations
Michael Ciaglo/Getty Images (NEW YORK) — Southwest customers across the country were left stranded this week, when a growing list of flight cancellations left many desperately seeking alternative travel options in hopes of getting home [Read More…]
Emoji lovers create new designs: ‘Language is just as artistic as music’
ABC News (NEW YORK) — Emoji, the silly little pictorials that fill digital communication, are a fun way to deliver a message for many people. But for those who want to be enshrined in the [Read More…]
Wegmans recalls micro greens, sweet pea leaves, cat grass over possible salmonella contamination
FDA.gov (NEW YORK) — Wegmans Food Markets, Inc. issued a voluntary recall on its products containing micro greens, sweet pea leaves and cat grass over potential salmonella contamination. The retailer announced the recall with the [Read More…]
Returning a Christmas gift? Here’s what to know
Alexandr Kolesnikov/Getty Images (NEW YORK) — Christmas has come and gone, and now you may be left with a gift or two that you don’t really want. But depending on how you return your gift, [Read More…]
The best after-Christmas sales to shop right now
Nipitpon Singad / EyeEm/Getty Images (NEW YORK) — With the holiday rush behind you, it’s time to shop for y-o-u. The 2022 after-Christmas sales are in full swing and better than ever. Among other retailers, [Read More…]
Tesla stock has plummeted since Elon Musk took over Twitter. Here’s why.
Michael Gonzalez/Getty Images (NEW YORK) — Tesla stock has plummeted since CEO Elon Musk took over Twitter, falling more than 45% in about over two months. In all, the company’s stock has dropped more than 65% [Read More…]
What can drivers expect in 2023? Dealer markups, record EV sales and massive V8s.
Brandon Bell/Getty Images (NEW YORK) — The 2022 global semiconductor crisis was maddening for motorists: record-high prices, months-long delays and hefty dealership markups. Automakers were forced to park new cars and trucks in vacant lots, [Read More…]
From giving secondhand to no gifts at all, why some parents are changing Christmas traditions
ABC News (NEW YORK) — As families across the country celebrate this holiday season, some parents are choosing to create new traditions around gift-giving, including forgoing gifts. For Gabrielle and Carlos Flores, that means not [Read More…]
Target recalls children’s weighted blankets after 2 kids died
Consumer Product Safety Commission (NEW YORK) — Target is telling customers to stop using some weighted children’s blankets that were sold in its stores and online after four incidents where children became entrapped, two of [Read More…]
Amazon and Starbucks workers led a union resurgence in 2022. Will it last?
Spencer Platt/Getty Images (NEW YORK) — Workers at Amazon and Starbucks astonished allies and adversaries this year, delivering landmark labor victories and helping inspire a resurgence of unionization nationwide. But labor headway at the two [Read More…]
Does Elon Musk’s resignation from Twitter mean he’ll give up control? Experts weigh in
Chris Delmas/AFP via Getty Images (NEW YORK) — Elon Musk vowed to resign as the head of Twitter but he will remain a dominant force at the company, some management experts told ABC News. The [Read More…]
Sam Bankman-Fried lands in US after being extradited from Bahamas
ABC News (NEW YORK) — Sam Bankman-Fried has landed in the U.S. to face federal charges after agreeing to extradition in a Bahamian court on Wednesday. The disgraced former CEO was put on a U.S. [Read More…]
Sam Bankman-Fried agrees to extradition, clearing path for transport to US
ABC News (NEW YORK) — Sam Bankman-Fried agreed to extradition in a Bahamian court on Wednesday, clearing the way for his transport to the U.S. to face federal charges. The disgraced former CEO is expected [Read More…]
Why recession fears are growing and what a downturn could look like
Anton Petrus/Getty Images (NEW YORK) — Recession fears are growing, even as households strained by inflation begin to find some relief. The dynamic captures the confusing state of the U.S. economy, as the Federal Reserve [Read More…]
Elon Musk says he’ll resign as head of Twitter
CARINA JOHANSEN/NTB/AFP via Getty Images (NEW YORK) — After polling Twitter users, Elon Musk on Tuesday night said he will resign as head of the social media platform. “I will resign as CEO as soon [Read More…]
Elon Musk remains silent about Twitter poll calling for his resignation
David Paul Morris/Bloomberg via Getty Images (NEW YORK) — Elon Musk has stayed silent on the results of a poll completed more than a day ago in which Twitter users voted for him to resign [Read More…]
‘Don’t buy it’: Justin Bieber says H&M released new merchandise without his approval
AngiePhotos/Getty Images (NEW YORK) — Justin Bieber is lashing out against clothing retailer H&M, claiming they created a line featuring his name and image without his approval. Taking to his Instagram Stories, the singer told [Read More…]
Cryptocurrency’s wild roller-coaster ride: A look back at 2022
Namthip Muanthongthae/Getty Images (NEW YORK) — Cryptocurrency has always been volatile, says one economics expert who spoke with ABC News. But 2022 was a stomach-churning, roller-coaster ride for investors and major players in the market. [Read More…]
FTX founder Sam Bankman-Fried agrees to be extradited to US after chaotic hearing
ABC News (NEW YORK) — Sam Bankman-Fried, who is facing charges in the U.S. following the collapse of his cryptocurrency company, FTX, is willing to waive his right to deny extradition to the U.S., a [Read More…]