ABC Business News

kokkai/Getty Images (NEW YORK) — It’s 2022, and Victoria’s Secret is coming in hot with its first fine fragrance in five years. “Bare,” the brand’s latest scent, launched this week. According to the company, “Bare” [Read More…]

KLH49/Getty Images (WASHINGTON) — The number of Americans applying for unemployment benefits for the first time reached its highest rate in eight months last week, the Labor Department reported Thursday.  Applications reached 251,000 for the [Read More…]

bymuratdeniz/Getty Images (NEW YORK) — As prices for goods are on the rise, there has been a debate over how much control consumers have at the cash register. Some economists, like Rakeen Mabud of the [Read More…]

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…]

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…]

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…]

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…]

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…]

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…]

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…]

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…]

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…]

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…]

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…]

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…]

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…]

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…]

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…]

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…]

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…]