ABC Business News

Jeffrey Grigsby / EyeEm/Getty Images (NEW YORK) — Some people watched Super Bowl LVII for the big game, while others watched for the halftime show when superstar Rihanna made her long-awaited return to music and, [Read More…]

CPSC (NEW YORK) — The U.S. Consumer Product Safety Commission (CPSC) is warning consumers about possible entrapment hazards in Baby Trend Sit N’ Stand Double and Ultra strollers after one death was reported. The agency [Read More…]

LordRunar/Getty Images (NEW YORK) — Outside his packed resume of movie and television credits, Ben Affleck has become famous in meme form with his hands full of Dunkin’ iced coffee, doughnuts and more. In recent [Read More…]

ABC News (NEW YORK) — Authorities in Texas have launched an investigation into the marketing claims of the anti-fraud service Home Title Lock, looking to determine whether the California-based company that’s been promoted by Rudy [Read More…]

maybefalse/Getty Images (NEW YORK) — Yahoo will lay off 20% of its workforce by the end of the year, including 1,000 employees this week, the company announced Thursday. The cuts are focused on the company’s [Read More…]

Karl Tapales/Getty Images (NEW YORK) — Twitter suffered a user outage on Wednesday that lasted for hours and required an emergency fix, prompting an apology from the company and marking one of the first major [Read More…]

martin-dm/Getty Images (NEW YORK) — Southwest Airlines Chief Operating Officer Andrew Watterson faced lawmakers Thursday in a highly-anticipated Senate Commerce Committee hearing to answer for the airline’s historic holiday meltdown. “Let me be clear: we [Read More…]

Jeffrey Grigsby / EyeEm/Getty Images (NEW YORK) — Some people are watching Super Bowl LVII for the big game, while others are watching for the halftime show when superstar Rihanna will make her long-awaited return [Read More…]

Consumer Product Safety Commission (NEW YORK) — A number of popular Fabuloso cleaning products were recalled Wednesday by the Colgate-Palmolive Company due to risk of bacteria contamination, according to the Consumer Product Safety Commission. About [Read More…]

Michael Kovac/Getty Images for AFI (BURBANK, Calif.) — Disney is set to eliminate 7,000 jobs, CEO Bob Iger said on the company’s earnings call on Wednesday. The company is targeting a total of $5.5 billion [Read More…]

Michael Kovac/Getty Images for AFI (BURBANK, Calif.) — Disney is set to lay off 7,000 workers, CEO Bob Iger said on the company’s earnings call on Wednesday. The company is targeting a total of $5.5 billion [Read More…]

Anna Moneymaker/Getty Images (WASHINGTON) — President Joe Biden on Tuesday touted the nation’s economic health in his State of the Union Address, just days after a blockbuster jobs report showed a strong labor market has coincided [Read More…]

Brandon Bell/Getty Images (NEW YORK) — Many baby formula milk companies allegedly exploit parents’ emotions and “manipulate” scientific data to boost sales, according to a major new analysis published in The Lancet. The analysis, led [Read More…]

Anna Moneymaker/Getty Images (WASHINGTON) — President Joe Biden on Tuesday is expected to tout the nation’s economic health in his State of the Union Address, just days after a blockbuster jobs report showed a strong [Read More…]

Liu Jie/Xinhua via Getty Images (WASHINGTON) — Federal Reserve Chair Jerome Powell said Tuesday that the central bank’s fight against inflation has “a long way to go,” citing a blockbuster jobs report last week that [Read More…]

Joshua Derr/Getty Images (NEW YORK) — The Queen of Salsa and Cuban icon Celia Cruz has been selected to appear on the U.S. quarter. Cruz, who died in 2003, was selected by the United States [Read More…]

IronHeart/Getty Images (NEW YORK) — A major set of changes to the rules for retirement finances took effect this year, but many people may not have noticed. The rules were buried within a 4,000-page long, [Read More…]

Fuse/Getty Images (NEW YORK) — AMC Theatres announced a new ticket pricing initiative Monday that has customers paying based on where their seat is located. The initiative, called Sightline at AMC, is described by the [Read More…]

Jakub Porzycki/NurPhoto via Getty Images (MOUNTAIN VIEW, Calif.) — If you ever needed artificial intelligence’s help to plan a friend’s baby shower, your time has come, as Google officially unveiled an AI program it’s calling Bard, [Read More…]

Gary Hershorn/Getty Images (NEW YORK) — United Airlines is facing a possible $1.15 million fine after allegedly conducting flights with planes that hadn’t undergone a certain safety check, federal regulators said, though United called the [Read More…]