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ABC Business News
Family calls for Sesame Place performer to be fired
ANDREW CABALLERO-REYNOLDS/AFP via Getty Images (PHILADELPHIA) — The legal team representing the family of two young Black girls who were seemingly waved off by a Sesame Place character is calling for the costumed performer to [Read More…]
Five manufacturers responsible for over half of guns seized in a dozen cities: Study
Spencer Platt/Getty Images (NEW YORK) — More than half of the guns seized on the streets of a dozen American cities after being used in crimes were made by five manufacturers, according to data released Wednesday by [Read More…]
Gas prices dip below $4.50 for 1st time since May
Grace Cary/Getty Images (NEW YORK) — The national average price for a gallon of gas fell below $4.50 on Tuesday for the first time since the middle of May, according to AAA data. The price [Read More…]
CDC ends COVID-19 program for cruise ships
Joe Raedle/Getty Images, FILE (WASHINGTON) — The Centers for Disease Control and Prevention has axed a program that allowed the public to view COVID-19 levels on cruise ships that sail in U.S. waters. The CDC [Read More…]
Sesame Place to undergo bias training after calls of racism
ANDREW CABALLERO-REYNOLDS/AFP via Getty Images (PHILADELPHIA) — Sesame Workshop, the nonprofit that runs Sesame Street, said it will “conduct bias training and a thorough review of the ways in which they engage families and guests” [Read More…]
Twitter trial against Elon Musk set for October
Nikolas Kokovlis/NurPhoto via Getty Images (NEW YORK) — A Delaware court on Tuesday determined that the trial in a lawsuit brought by Twitter against Elon Musk should take place in October, granting an expedited timeline [Read More…]
Macy’s brings back Toys ‘R’ Us in time for the holidays
Jeremy Moeller/Getty Images (NEW YORK) — A classic toy superstore is being brought back to life ahead of the holiday season. Macy’s, in partnership with Toys “R” Us parent company WHP Global, announced Monday that [Read More…]
Nationwide recall issued for organic freeze-dried blueberries over possible lead presence
FDA (NEW YORK) — BrandStorm Inc. has announced a voluntary recall of two lots of its organic freeze-dried blueberry pouches due to “the presence or potential presence of lead above the FDA’s recommended limits; per [Read More…]
Amazon warehouses under investigation from federal prosecutors, Department of Labor
KAZUHIRO NOGI/AFP via Getty Images (NEW YORK) — Federal prosecutors in New York and the Department of Labor are inspecting Amazon warehouses around the country as part of a civil investigation into unsafe and unseemly [Read More…]
Automakers look to the South to build electric vehicle batteries
Hauke-Christian Dittrich/picture alliance via Getty Images (NEW YORK) — You won’t find many electric vehicles on the back roads in Alabama and Tennessee yet thousands of residents in these states are building them to meet growing [Read More…]
Elon Musk responds to Twitter’s $44 billion lawsuit
Patrick Pleul/picture alliance via Getty Images (NEW YORK) — Elon Musk asked a Delaware court on Friday to reject Twitter’s attempt to put the $44 billion merger case on trial in September, arguing it’s an “unjustifiable” [Read More…]
Ford recalling 100K SUVs and trucks due to fire risks
shaunl/Getty Images (NEW YORK) — Car manufacturer Ford is recalling over 100,000 SUVs and trucks because of fire risks in the engine, nearly a month after recalling millions of its vehicles. The company is recalling [Read More…]
Uber sued by more than 500 women over assault claims
David Swanson/Reuters (NEW YORK, NY) — Uber is being sued by approximately 550 female passengers who claim they were attacked by their drivers, according to the law firm Slater, Slater, Schulman, LLP, which filed a legal [Read More…]
A timeline of Elon Musk’s tumultuous Twitter acquisition attempt
Michael M. Santiago/Getty Images, FILE (NEW YORK) — The richest person in the world said he wanted to own one of the most popular social media platforms — until he said he didn’t. Tesla CEO [Read More…]
TikTok to launch rating system that will filter ‘mature’ posts
5./15 WEST/Getty Images (NEW YORK) — Popular social media platform TikTok on Wednesday announced plans for a rating system aimed at protecting young users from inappropriate content. The move comes after sharp criticism from lawmakers [Read More…]
Family flying American Airlines claims they were asked to pay $30K after airline changed their flight to another country
Jetlinerimages/Getty Images (NEW YORK) — A family alleges American Airlines tried to force them to pay roughly $30,000 to change their itinerary after the airline switched the family’s return ticket to leave from an airport [Read More…]
Inflation runs hotter in June as US faces recession risk
Chip Somodevilla/Getty Images (NEW YORK) — As U.S. policymakers walk a tightrope in an attempt to dial back sky-high prices while averting an economic recession, new inflation data on Wednesday showed a significant acceleration of [Read More…]
Signs the housing market is turning more buyer-friendly
Courtesy Jarvis Claiborne (NEW YORK) — When Jarvis Claiborne and his wife Renada were pre-approved for a mortgage in February, they were excited to start shopping for their first home in Houston, Texas. But that [Read More…]
Auto manufacturers adapting to keep car batteries cool as temperatures rise
The battery to a Tesla Model s Plaid on display. – Munro Live, Munro & Associates (NEW YORK) — The intense heat hitting most of the nation is already invoking warnings about power outages and [Read More…]
What is generational wealth and how do you build it?
IronHeart/Getty Images (NEW YORK) — As economists continue to predict the coming of a recession, many are left wondering what they can do to secure and potentially grow their wallets amid the chaos. For some, [Read More…]