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ABC Business News
Best Buy recalling over 770,000 air fryers due to fire and burn hazards
Insignia via C.P.S.C. (NEW YORK) — Best Buy is recalling approximately 772,000 air fryers after reports of the device catching on fire or melting. The recall, posted by the Consumer Product Safety Commission, affects certain [Read More…]
New Jersey starts legal recreational marijuana sales Thursday
Michael M. Santiago/Getty Images (NEW YORK) — The numbers “421” have apparently eclipsed “420” at least in New Jersey, where cannabis consumers celebrated Thursday’s first day of legalized pot sales and toking up for adults. [Read More…]
Sustainable companies combat the carbon footprint of fast fashion
ABC (NEW YORK) — The global fashion industry is fueled by the latest styles, and fast production has helped the industry contribute up to 10% of the world’s greenhouse gas emissions, according to the Environmental [Read More…]
Over 20,000 car seats recalled over choking hazard
ArtMarie/Getty Images (NEW YORK) — Over 20,000 car seats are being recalled due to loose pieces of foam that can present a choking hazard to kids. The recall impacts certain CYBEX Sirona M Convertible Child [Read More…]
How to get the best summer travel deals, according to experts
Greg Bajor/Getty Images (NEW YORK) — As summer approaches, travelers are preparing for trips in huge numbers after many people put off vacations for years during the COVID-19 pandemic — and that’s being reflected in [Read More…]
Barbie to release Queen Elizabeth doll on her 96th birthday
Mattel (NEW YORK) — Barbie is officially releasing a Queen Elizabeth II doll to celebrate both the queen’s 96th birthday and her Platinum Jubilee, which marks 70 years on the throne. The Queen Elizabeth II [Read More…]
Jane Goodall, Apple team up to encourage tech recycling
ABC News (NEW YORK) — After decades of work fighting to save African animals, Jane Goodall is turning her attention to the environmental and political impact left on technology. The anthropologist spoke with ABC News’ [Read More…]
Victoria’s Secret introduces genderless, size-inclusive tween brand Happy Nation
kokkai/Getty Images (NEW YORK) — After undergoing a major brand revamp, Victoria’s Secret has continued to roll out new, inclusive launches including it’s recent venture: Happy Nation. The lingerie retailer announced the new brand on [Read More…]
Wall Street eyes cybersecurity, with Goldman Sachs announcing $125 million investment
iStock/littlehenrabi (NEW YORK) — Growing concerns over cybersecurity vulnerabilities in the United States are prompting record investments from firms to protect critical industries. FBI Director Christopher Wray said last month that intelligence officials were “concerned” [Read More…]
DOJ: Alleged COVID fraudsters charged after raking in nearly $150 million through elaborate schemes
YinYang/Getty Images (WASHINGTON) — The Justice Department has announced nearly two dozen arrests of alleged fraudsters who prosecutors say have engaged in elaborate and brazen schemes to exploit the COVID-19 pandemic, raking in nearly $150 [Read More…]
As NFT scams proliferate online, crypto sleuths are fighting back
Westend61/Getty Images (NEW YORK) — Spend enough time online, and you’re sure to run into scammers who try to steal your money by asking you to confirm your credit card information or sign up for [Read More…]
Video game companies take steps to tackle environmental issues
Alex Davidson/Getty Images (NEW YORK) — As the effects of climate change prompt more urgency to cut greenhouse gas emissions around the world and reduce energy use, every industry is facing scrutiny about their impact [Read More…]
How robots could help solve the US recycling problem
ABC News (NEW YORK) — Recycling on a large scale has always proved to be a challenging endeavor, especially as the production of plastic surged exponentially after the 1970s. But new technology made to streamline [Read More…]
Here’s what to know if you filed for an extension on your tax returns
courtneyk/Getty Images (NEW YORK) — If you either procrastinated or were unable to send in your tax returns by Monday’s deadline, hopefully you already went ahead and filed for an extension — and paid any [Read More…]
What can the government do to stop or slow inflation?
Sean Gallup/Getty Images (NEW YORK) — Inflation in the U.S. rose 8.5% in March, compared with the prior 12 months, marking the highest increase since 1981, according to the Labor Department’s Consumer Price Index. Between [Read More…]
How to curb food costs and make money-saving meals as inflation rises
Liu Guanguan/China News Service via Getty Images (NEW YORK) — With inflation at a 40-year high and food costs continuing to rise, it’s time to take stock of how we approach cooking to make the [Read More…]
GM CEO Mary Barra talks newest electric vehicle, inflation and competition with Tesla
Bill Pugliano/Getty Images, FILE (NEW YORK) — The CEO of General Motors Mary Barra sat down exclusively with ABC News’ Rebecca Jarvis to introduce their newest electric vehicle the Cadillac LYRIQ and take the first [Read More…]
Report sheds light on McKinsey’s alleged conflicts of interest
Tetra Images/Getty Images (WASHINGTON) — House committee investigators found that consultants from consulting firm McKinsey & Company advised opioid manufacturers while the company was on federal contract with the Food and Drug Administration’s drug approval [Read More…]
Ferrero recall expands to US products of popular Easter candy ahead of the holiday
Victoria Jones/PA Images via Getty Images (NEW YORK) — A popular Easter candy was recalled weeks before the holiday. Earlier this month, Ferrero announced through the Food Standards Agency it would take “the precautionary action [Read More…]
How Disney parks fight food waste with redirected meals for food banks, farms and more
Disney Parks (NEW YORK) — The happiest place on earth is doubling down to ensure it does its part to keep the earth happy too. For Earth Month, the company is celebrating Disney Planet Possible [Read More…]