ABC Business News

Karl-Josef Hildenbrand/picture alliance via Getty Images (NEW YORK) — Twitter is expanding its platform to include podcasts, the tech company said in a statement on Thursday. Starting Thursday, Twitter will begin incorporating podcasts into its [Read More…]

Евгения Матвеец/Getty Images (NEW YORK) — Moderna is suing Pfizer and BioNTech for infringing patents central to Moderna’s mRNA technology platform used to develop the COVID vaccine, the company said in a press release Friday. [Read More…]

Mandel Ngan/AFP via Getty Images, FILE (JACKSON HOLE, Wyo.) — Federal Reserve Chair Jerome Powell vowed to fight inflation “forcefully” in remarks on Friday at the central bank’s annual summer gathering in Jackson Hole, Wyoming. [Read More…]

© 2011 Dorann Weber/Getty Images (NEW YORK) — President Joe Biden fulfilled one of his campaign promises and announced a plan to cancel student loan debt for millions of Americans. The plan, announced Wednesday, forgives [Read More…]

Thomas Trutschel/Photothek via Getty Images, FILE (NEW YORK) — Apple users eagerly awaiting a new iPhone model will likely get their wish next month. The company announced on Wednesday that it will hold a public [Read More…]

jayk7/Getty Images (NEW YORK) — Just a week before repayments on federal student loans were scheduled to resume after a two-year pause, President Joe Biden on Wednesday announced a sweeping new policy to cancel debt [Read More…]

Oscar Wong/Getty Images (NEW YORK) — After working for seven years in the corporate world as an aerospace engineer, Anita Vandyke said she needed to shed the material excess in her life and “give more.” [Read More…]

Rothy’s x evian (NEW YORK) — Rothy’s and Evian are taking reduce, reuse, recycle to a whole new level. The two brands have teamed up to created a limited-edition tennis-inspired capsule collection made with recycled [Read More…]

TRUFF (NEW YORK) — Condiment fans are clamoring on social media over the luxurious and spicy new collaboration from Hidden Valley Ranch and hot sauce company Truff, Spicy Truffle Ranch. The two companies announced the [Read More…]

krisanapong detraphiphat/Getty Images (NEW YORK) — As alarms over inflation and a possible recession sounded in recent months, a stock market rally offered a source of optimism — until this week. The S&P 500 fell [Read More…]

Onur Dogman/SOPA Images/LightRocket via Getty Images (NEW YORK) — Former Twitter head of security, Peiter Zatko, alleged in a whistleblower federal complaint last month that the social media giant had numerous wide-ranging information security system [Read More…]

Lu ShaoJi/Getty Images (NEW YORK) — As airlines announce cutting hundreds of flights a day in the fall, industry experts warn ABC News that this situation will become the new normal as air travel demand [Read More…]

shaunl/Getty Images (NEW YORK) — Tesla will split its stock on Wednesday, joining giant firms like Amazon and Alphabet, the parent company of Google, which have chopped up shares this year as a means of [Read More…]

Paul Chesne/Michael Ochs Archives/Getty Images (NEW YORK) — On a given morning, a conservative might grab an espresso from Black Rifle Coffee, which describes itself as “anti-hipster”; open up the soon-to-launch dating app, “Right Stuff,” [Read More…]

Florian Gaertner/Photothek via Getty Images (DETROIT) — Ford plans to cut 3,000 jobs across the U.S., Canada and India, the automaker said in a letter to employees on Monday, describing the reductions as part of [Read More…]

JOHN THYS/AFP via Getty Images (NEW YORK) — Tesla is raising the price of its “Full Self Driving” software to $15,000, Elon Musk said in a tweet on Sunday. Tesla is facing scrutiny from federal [Read More…]

Busakorn Pongparnit/Getty Images (NEW YORK) — Extreme weather conditions have impacted coffee crops in some of the top-producing countries, which could mean higher prices for your morning cup of coffee. According to a report in [Read More…]

Kia (NEW YORK) — Buying an electric vehicle for the first time may be harder than ever these days. The choices are no longer Tesla, Tesla, Tesla. There are pickup trucks, SUVs, crossovers, sedans, sports [Read More…]

David L. Ryan/Getty Images (BOSTON) — Online home goods retailer Wayfair is laying off nearly 900 workers worldwide, which amounts to 5% of the company’s workforce, the company said in a memo to employees on [Read More…]

patty_c/Getty Images (BENTONVILLE, Ark.) — Walmart, the Arkansas-based retail giant known more for value than flare, made a splash in Hollywood this week upon the announcement of a deal with streaming service Paramount+. The retailer [Read More…]