Business

Verizon, AT&T delay 5G rollout around some airports after stark warnings from US airlines

Tuesday, January 18 by ABC News

(WASHINGTON) -- A showdown between the nation's major airlines, the FAA and AT&T and Verizon appears to be cooling after both telecom giants agreed at the last minute to pause a portion of their 5G-C rollout on Wednesday."At our sole discretion we have voluntarily... Read More.

Microsoft to acquire gaming giant Activision Blizzard for $68.7 billion

Tuesday, January 18 by ABC News

(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.

Small yield of Florida oranges could mean higher juice prices

Tuesday, January 18 by ABC News

(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.

Woman goes viral for showing off tattoos in company headshot

Tuesday, January 18 by ABC News

(CLEVELAND) -- Over the last few decades, it has been considered taboo to reveal tattoos, piercings or even unconventional hair colors in a professional work setting, but one woman is challenging that idea after showing off her full sleeves of arm tattoos in... Read More.

Wealth of 10 richest men doubled in pandemic as 99% of incomes dropped: Oxfam

Monday, January 17 by ABC News

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.

Puppies and all-wheel drive: How Subaru built its ardent fan base

Monday, January 17 by ABC News

(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.

Dogecoin rallies after Elon Musk tweet

Saturday, January 15 by ABC News

(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.

How sky-high inflation is evaporating Americans’ savings, imposing ‘cruelest tax’ on the poor

Saturday, January 15 by ABC News

(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.

Electric pickup trucks are coming, but the road ahead could be rocky

Saturday, January 15 by ABC News

(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.

‘Pharma Bro’ Martin Shkreli ordered to pay $64 million for hiking cost of lifesaving drug

Friday, January 14 by ABC News

(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.

More rainy days from climate change could dampen economic growth: Study

Wednesday, January 12 by ABC News

(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.

Consumer prices climb 7% in the past year, highest jump since 1982

Wednesday, January 12 by ABC News

(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.

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Verizon, AT&T delay 5G rollout around some airports after stark warnings from US airlines

Microsoft to acquire gaming giant Activision Blizzard for $68.7 billion

Small yield of Florida oranges could mean higher juice prices

Woman goes viral for showing off tattoos in company headshot

Wealth of 10 richest men doubled in pandemic as 99% of incomes dropped: Oxfam

Puppies and all-wheel drive: How Subaru built its ardent fan base

Dogecoin rallies after Elon Musk tweet

How sky-high inflation is evaporating Americans’ savings, imposing ‘cruelest tax’ on the poor

Electric pickup trucks are coming, but the road ahead could be rocky

‘Pharma Bro’ Martin Shkreli ordered to pay $64 million for hiking cost of lifesaving drug

More rainy days from climate change could dampen economic growth: Study

Consumer prices climb 7% in the past year, highest jump since 1982

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