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ABC Business News
Supply chain questions answered, plus tips and solutions for smart shopping
DarioEgidi/iStock (NEW YORK) — The strained supply chain and worldwide shipping crunch has had an impact on everything from holiday shopping to every day goods and services. Good Morning America assembled an expert panel to [Read More…]
Pete Buttigieg responds to paternity leave criticism as Congress weighs national paid leave
Scott Olson/Getty Images (WASHINGTON) — U.S. Secretary of Transportation Pete Buttigieg has spoken out about his decision to take paternity leave after the birth of his twins, calling it “important work.” The comments from Buttigieg [Read More…]
Lawmakers say Amazon reps, including Jeff Bezos, misled or ‘may have lied to Congress’
iStock (NEW YORK) — A bipartisan group of lawmakers is accusing Amazon leadership — including former CEO Jeff Bezos — of misleading or lying to Congress in the wake of reports from media outlets that [Read More…]
What’s causing America’s massive supply-chain disruptions?
SHansche/iStock (WASHINGTON) — As the U.S. economy struggles to fully recover from the coronavirus pandemic, supply-chain disruptions across the country are driving up prices and leading to a growing shortage of goods. The supply chain [Read More…]
Holiday travel may be more chaotic than ever this year, transportation experts say
Evgenia Parajanian/iStock (NEW YORK) — Holiday travel may be more chaotic this year, experts warn, as looming vaccination deadlines threaten airline and airport staffing. Forty percent of the Transportation Security Administration (TSA) workforce hasn’t received [Read More…]
Ex-Boeing test pilot indicted for fraud in 737 Max probe
sanfel/iStock (NEW YORK) — Boeing’s former 737 MAX test pilot, Mark Forkner, was indicted for fraud Thursday for allegedly misleading regulators about problems tied to the aircraft’s two fatal crashes. The ex-chief technical pilot is [Read More…]
Henrietta Lacks family seeks justice: Grandchildren sue biotech company
JHVEPhoto/iStock (NEW YORK) — The family of Henrietta Lacks, an African American woman whose cells were collected from her body and used for medical research without her consent in 1951, is seeking justice for their [Read More…]
President Biden to meet with port heads ahead of expected Christmas supply crunch
halbergman/iStock (WASHINGTON) — With global supply chain bottlenecks threatening the Christmas shopping season, President Joe Biden will highlight his administration’s work with ports on Wednesday and try to stave off the potentially politically explosive headaches [Read More…]
Diaper crisis escalates amid COVID-19 pandemic
Laboko/iStock (NEW YORK) — As her belly curves in a small circle overlapping the top button of her jeans, Elisha White, 26, anticipates the birth of her fifth child. White is currently unemployed and without [Read More…]
When should I mail holiday gifts? USPS, FedEx, UPS release 2021 ship-by dates
400tmax/iStock (NEW YORK) — Each year, we spend time sweating over getting holiday gifts out in time and worrying about shipping delays. This year, experts are warning of possible shortages and delays on getting everything [Read More…]
Lego says its removing gender bias from its toys after new research
LewisTsePuiLung/iStock (NEW YORK) — The Lego Group says it will remove gender bias from its iconic toys. The Danish toymaker announced in a statement Monday, that it will get rid of gender references among its [Read More…]
Southwest Airlines CEO apologizes for weekend travel mess
DaveAlan/iStock (NEW YORK) — Southwest CEO Gary Kelly apologized to the tens of thousands of passengers who were stranded at U.S. airports over the weekend due to widespread flight cancellations. “I want to apologize to [Read More…]
Facebook’s oversight board to meet with whistleblower Frances Haugen
luchezar/iStock (NEW YORK) — The former Facebook employee who testified before lawmakers last week will now address her concerns with Facebook’s Oversight Board. Whistleblower Frances Haugen alleged blatant disregard from Facebook executives when they learned [Read More…]
William Shatner channels Captain Kirk for historic Blue Origins space flight
ABC News (NEW YORK) — William Shatner will make history Wednesday as he boldly goes where few have gone before while aboard Blue Origin’s New Shepard. The Star Trek actor who played the iconic Captain [Read More…]
Facebook exec says company will make itself ‘more transparent’
bigtunaonline/iStock (NEW YORK) — Facebook will implement new tools to increase transparency and safety for users following Tuesday’s explosive whistleblower hearing, Facebook Vice President of Global Affairs Nick Clegg said Sunday. “We will, of course, [Read More…]
Turn up the volume: Automakers targeting audiophiles to lift sales
FlamingoImages/iStock (NEW YORK) — In 2005, when music producer and engineer Elliot Scheiner was working with the Foo Fighters on “In Your Honor,” he had the rock group sit in an Acura TL parked outside [Read More…]
As stocks soar to historical highs, some experts say conditions ripe for correction
Nikada/iStock (NEW YORK) — The stock market has been a roller coaster ride in recent weeks, with wild swings from day to day at times. The major indices have also hit record after record this [Read More…]
Employers add a dismal 194,000 jobs in September, unemployment rate at 4.8%
YinYang/iStock (WASHINGTON) — Hiring in the U.S. fell far below expectations last month, with employers adding just 194,000 jobs versus the expected 500,000, as the delta variant slows the pace of the recovery. The unemployment rate [Read More…]
Google, YouTube won’t allow ads or monetization of content denying climate change
400tmax/GettyImages (NEW YORK) — Google is cracking down on ads that deny climate change science after advertisers and digital creators complained about them running alongside their own content. The company also said it’s no longer [Read More…]
Travel expected to surge in December, United Airlines says
guvendemir/iStock (WASHINGTON) — United Airlines expects travel to surge in December as more people look to get away for the holidays. “We’re seeing a lot of pent-up demand in our data and are offering a [Read More…]