ABC Business News

David Paul Morris/Bloomberg via Getty Images (SAN JOSE, Calif.) — Ramesh “Sunny” Balwani, the former romantic partner of Elizabeth Holmes and president of disgraced blood testing company Theranos, is set to be sentenced on Wednesday. [Read More…]

manonallard/Getty Images (NEW YORK) — As the night before Christmas inches nearer, Santa Claus is being asked to make more and more appearances. But Santa Claus is getting harder to find. Mitch Allen, the founder [Read More…]

boonchai wedmakawand/Getty Images (NEW YORK) — ‘Tis the season for online scammers to steal your personal information. This year, scams are at an all-time high as more consumers turn to e-commerce for their holiday shopping. [Read More…]

Grace Cary/Getty Images (WASHINGTON) — Prices at the pump have plummeted over the past month but a dramatic move from the U.S. and allies meant to slash Russian oil revenue and cripple its war effort [Read More…]

Mike Stobe/Getty Images (NEW YORK) — Nike has severed ties with Brooklyn Nets guard Kyrie Irving following criticism for antisemitism. “Kyrie Irving is no longer a Nike athlete,” the company said in a statement to [Read More…]

Joe Raedle/Getty Images (NEW YORK) — Many Taylor Swift fans expressed outrage online over the presale ticket disaster, but now some of those fans are taking it a step further and claiming the ordeal was [Read More…]

Florian Roden / EyeEm/Getty Images (NEW YORK) — Some unions representing rail workers as well as the nation’s largest labor organization blasted a Senate vote on Thursday denying workers paid sick days after the chamber [Read More…]

RapidEye/Getty Images (NEW YORK) — Far-right conspiracy theorist Alex Jones filed for bankruptcy on Friday, less than two months after a Connecticut jury awarded almost $1 billion in damages to plaintiffs who accused Jones of [Read More…]

Disney (NEW YORK) — Disney unveiled a new rendering of the highly anticipated The Princess and the Frog attraction, Tiana’s Bayou Adventure, coming in 2024 to Disneyland Resort in California and Walt Disney World Resort [Read More…]

CPSC (NEW YORK) — The company behind a popular line of laundry detergent and cleaning products has issued a voluntary recall due to possible bacterial contamination. The Laundress first issued a safety notice on Nov. [Read More…]

Grace Cary/Getty Images, FILE (NEW YORK) — Gas prices nationwide have plunged to their lowest level since February as demand has dropped from peak summer travel season and the price of crude oil has fallen. [Read More…]

ABC News (NEW YORK) — They were once coveted birthday and holiday gifts for millions of millennials and Generation Xers. They were Nintendo Entertainment System bundled with Super Mario Brothers and Duck Hunt or that [Read More…]

EThamPhoto/Getty Images (WASHINGTON) — Hundreds of thousands of rail workers stand on the brink of a strike that would snarl the nation’s supply chain, driving up prices for households already under strain and eventually leaving [Read More…]

EThamPhoto/Getty Images (WASHINGTON) — The House on Wednesday voted to block a strike by the nation’s railway workers, intervening in a labor dispute with wide-ranging economic and political implications. The House voted 290-137 to adopt [Read More…]

Oscar Wong/Getty Images (NEW YORK) — The Federal Bureau of Investigation has issued an alert about the rise in technical support scams spreading across the country. FBI field offices in Pittsburgh, Las Vegas, Boston and [Read More…]

EThamPhoto/Getty Images (WASHINGTON) — The House on Wednesday is set to vote on legislation aimed at averting a strike by the nation’s railway workers, Speaker Nancy Pelosi has announced, reluctantly intervening in a labor dispute [Read More…]

Tetra Images/Getty Images (NEW YORK) — We’ve been taught to expect the unexpected, and when it comes to finances, the best way to do that is with an emergency fund. An emergency fund contains cash [Read More…]

The Hershey Company (NEW YORK) — As the holiday season gets underway, confectioners are busily unveiling new festive sweets. Hershey’s recently shared a peek at some brand new holiday candy, including its first-ever hot chocolate [Read More…]

Amazon (NEW YORK) — A woman in Florida has sued Kraft Heinz Foods Company, claiming the time it takes to make its microwaveable cup of Velveeta macaroni and cheese is longer than what the claims [Read More…]

Florian Roden / EyeEm/Getty Images (WASHINGTON) — President Joe Biden on Monday asked Congress to intervene and avert a potential strike of the nation’s railway workers — which could upend huge parts of the economy [Read More…]