(NEW YORK) -- Microsoft Corp. announced plans on Tuesday to acquire gaming giant Activision Blizzard Inc., the maker of immensely popular franchises including "Call of Duty" and "Warcraft," for $68.7 billion. The companies jointly announced news of the all-cash deal on Tuesday, which involves tech... Read More.
(WASHINGTON) -- It's peak citrus season in the U.S., but Florida orange groves had a bitter yield of the beloved sweet and tart winter fruit. The U.S. Department of Agriculture reported that orange crops are projected to be down for the second consecutive season, which... Read More.
The 10 richest men in the world doubled their fortunes during the COVID-19 pandemic, a report published Monday by advocacy group Oxfam said, highlighting how the global health crisis has deepened the divide between the haves and have-nots as well as the need for... Read More.
(NEW YORK) -- Some automakers tout engine performance, cutting-edge technology or exclusivity to attract buyers. Japanese automaker Subaru has a different approach. In 2019 the company transformed 10,000 square feet of the Javits Convention Center in New York into a state-of-the-art immersive exhibit where Yellowstone's... Read More.
(NEW YORK) -- Dogecoin rallied Friday after Tesla CEO Elon Musk tweeted the carmaker would now accept the cryptocurrency as payment for merchandise. Originally started as joke poking fun at exuberance in the crypto market, Dogecoin surged some 10% by Friday afternoon in the wake... Read More.
(NEW YORK) -- The sneaky sting of inflation is catching many Americans by surprise as soaring prices erode their savings and prompt major sticker shock at the supermarket, gas pump and seemingly everywhere they look. Rapidly rising prices have become a major new wellspring of... Read More.
(NEW YORK) – With all the splashy commercials, prestigious awards, and glitzy launch parties, you could be forgiven for thinking the electric car craze is actually an electric truck craze. The R1T, an electric pickup from a startup called Rivian, claimed top honors at Motor... Read More.
(NEW YORK) -- Martin Shkreli became infamous, and earned the nickname "Pharma Bro," after he hiked the price of a potentially lifesaving antiparasitic medication in 2015. On Friday, a federal judge ruled he should pay $64 million for his actions. The judge said Shkreli should... Read More.
(NEW YORK) -- More rainy days and extreme rainfall likely will hurt global economies, according to new research from the Potsdam Institute for Climate Impact Research. "This is about prosperity -- and ultimately about people's jobs," Leonie Wenz, a lead scientist, told ABC News. "Economies... Read More.
(WASHINGTON) -- The latest government data on inflation indicates consumer prices are continuing their rapid rise as pandemic-battered supply chains struggle to keep up with rebounding consumer demand. The consumer price index -- a measure of the prices Americans pay for a market basket of... Read More.
(WASHINGTON) -- Tax season will begin early this year and is already forecast to be an especially "frustrating" one, the Internal Revenue Service has warned, as pandemic-era tax changes and staffing limitations squeeze the nation's tax agency. The IRS announced that it will begin accepting... Read More.