ABC Business News

GETTY/Roy Rochlin/Stringer (WASHINGTON, D.C.) — Lawmakers on Wednesday grilled Adam Mosseri, the head of Instagram, in a wide-ranging hearing on the potential harms of social media use for young people. The senators pledged that the age [Read More…]

iStock (NEW YORK) — Instagram announced a slew of updates on Tuesday that aim to protect teens on the app, in an announcement that notably comes one day before Head of Instagram Adam Mosseri is [Read More…]

baona/iStock (NEW YORK) — Charging an electric vehicle is simple and painless — if you have a charger installed at home. Automakers are producing EVs at a feverish pace with government backing. Yet the number [Read More…]

DaveAlan/iStock (LOS ANGELES) — When passengers board an Alaska Airlines flight, most don’t know it but that plane is lighter than other Boeing 737s or Airbus A320s, according to the airline. That’s because during the [Read More…]

Anna Moneymaker/Getty Images (WASHINGTON) — On the heels of a sluggish November jobs report, President Joe Biden on Friday touted the country’s employment landscape as improving despite there being fewer jobs added last month than [Read More…]

Charday Penn/iStock (NEW YORK) — At least until June 2021, Facebook had significant gaps in its efforts to tackle COVID-19 misinformation from one of the most prominent anti-vaccine groups in the world, according to a [Read More…]

HJBC/iStock (NEW YORK) — Microsoft Corp. shareholders voted on Tuesday to force the company to more transparently address sexual harassment claims via independent investigations and public reporting. The proposal, approved during the company’s annual shareholder [Read More…]

iStock/CatEyePerspective (SAN JOSE, Calif.) — Theranos founder Elizabeth Holmes is back on the stand Tuesday, facing questions from prosecutors after she tearfully told the jury Monday about what she described as nearly a decade of [Read More…]

iStock (NEW YORK) — In a rare move, the National Labor Relations Board has ordered a union election do-over for Amazon warehouse workers in Bessemer, Alabama. A date has not yet been determined for the [Read More…]

Sundry Photography/iStock (NEW YORK) — As holiday shopping season ramps up, Walmart CEO John Furman addressed the concerns of prices and how long supplies will last. Furman told Good Morning America that President Joe Biden, [Read More…]

Rawf8/iStock (NEW YORK) — Black Friday, Cyber Monday, Travel Tuesday? Tuesday marks a potentially big day for saving if you’re looking to snag a deal on a trip in 2022. “A lot of folks in [Read More…]

Nathaniel_Young/iStock (NEW YORK) — The holiday season is in full swing and tree farmers across the country are preparing for the Christmas crowds. At Boyd Mountain Christmas Tree Farm in Waynesville, North Carolina, customers can [Read More…]

Tramino/iStock (NEW YORK) — Japanese car giant Nissan Motor Co. said it plans to invest $17.6 billion to accelerate its electrification plans, as the industry as a whole pivots away from gas-powered autos. Nissan said [Read More…]

Wachiwit/iStock (NEW YORK) — Jack Dorsey is resigning from his role as CEO of Twitter, the social media platform he co-founded in 2006, he announced in a tweet on Monday. “After almost 16 years of [Read More…]

Courtesy Michael DiBenigno and Kristen Cuneo (SAN FRANCISCO) — For any mom who’s ever been asked if they “enjoyed their vacation” during maternity leave, Kristen Cuneo has the perfect reply. Cuneo, who works for a [Read More…]

iStock/Nikada (NEW YORK) — The Dow Jones Industrial Average sank more than 900 points on Friday over concerns about the spread of the new COVID-19 variant detected in South Africa. Anxiety among investors grew as countries [Read More…]

ABC News/Mike Dobuski (NEW YORK) — Classic car shows have long been a staple of car enthusiasm — a place for gearheads to gather with fellow enthusiasts to show off their antique rides. “The vibe is [Read More…]

iStock/ChiccoDodiFC (NEW YORK) — T-Mobile will pay some $19.5 million as part of a settlement with the Federal Communications Commission after a 12-hour outage in June of last year resulted in the failure of tens [Read More…]

Extreme Media/iStock (NEW YORK) — The White House announcement Tuesday that the U.S is taking the rare step of releasing oil from the nation’s strategic reserve in an attempt to lower gas prices comes as [Read More…]

webpay/iStock (NEW YORK) — Macy’s is turning some of the iconic balloon designs from its annual Thanksgiving Day parades into non-fungible tokens (NFTs), some of which will be auctioned to benefit the Make-A-Wish foundation. NFTs [Read More…]