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ABC Business News

Will the $6 billion pledge to make transportation more sustainable be enough?
Jon Challicom/Getty Images (NEW YORK) — The funds to help states make transportation more sustainable have been promised, but will they be enough to propel the U.S. toward its emissions goals? While it’s a step [Read More…]

For many American families a living wage is out of reach: Report
tattywelshie/Getty Images (NEW YORK) — A new report diving into the data on vital measures of health and social determinants of health finds that women, and particularly women of color, continue to experience steep pay [Read More…]

Democrats raise alarms, Republicans celebrate, Twitter under Elon Musk
Yui Mok/PA Images via Getty Images (NEW YORK) — While Democrats raise alarms and Republicans celebrate Twitter’s announcement Monday that Elon Musk was buying the platform for $44 billion, experts weigh what political impact the [Read More…]

Elon Musk to buy Twitter for $44 billion
Nikolas Kokovlis/NurPhoto via Getty Images (SAN FRANCISCO) — Twitter announced on Monday that Elon Musk, the CEO of SpaceX and Tesla, is acquiring the social media giant for approximately $44 billion. Per the terms of [Read More…]

Inflation, supply chain issues send 2022 wedding costs soaring
Hanneke Vollbehr/Getty Images (NEW YORK) — Wedding season is in full swing and a record number of couples are tying the knot. An estimated 2.5 million weddings are set to be held this year, according [Read More…]

Automakers take a new approach to selling cars: gourmet restaurants, track drives
Morgan Korn/ABC News (NEW YORK) — Auto shows were once a marquee event for automakers — a way to let interested buyers see, sit in, touch and get acquainted with the latest models. With many [Read More…]

The airline pilot shortage is real and will cost all of us
Alex Walker/Getty Images (NEW YORK) — As millions take to the skies each day and airlines forecast what could be the most profitable summer ever, Americans should prepare for higher prices, more cancellations, and smaller [Read More…]

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…]