Business

Biden nominates Federal Reserve Chair Jerome Powell to second term

Monday, November 22 by ABC News

(WASHINGTON) -- President Joe Biden announced Monday he will nominate Federal Reserve Chair Jerome Powell to a second four-year term."While there’s still more to be done, we’ve made remarkable progress over the last 10 months in getting Americans back to work and getting our... Read More.

Where prices are rising and how Americans can navigate inflation this holiday season

Monday, November 22 by ABC News

(NEW YORK) -- Prices on household essentials like groceries and gas are climbing at a rapid clip, causing new financial distress for Americans right as they plan their first holiday gatherings since the rollout of a COVID-19 vaccine.After hibernating out of sight for a... Read More.

Looking back on 20 years of the XBox

Friday, November 19 by ABC News

(NEW YORK) -- This week marks twenty years since Microsoft unveiled the very first XBox. On November 15, 2001, at an event that included a guest appearance from Duane “The Rock” Johnson, then-Microsoft CEO Bill Gates pulled the wraps off the black and green gaming... Read More.

Prosecution rests in Elizabeth Holmes trial after nearly 11 weeks

Friday, November 19 by ABC News

(SAN JOSE, Calif.) -- Federal prosecutors have rested their nearly 11-week case against Elizabeth Holmes, the former Theranos CEO accused of misleading investors to bankroll her one-time multibillion-dollar Silicon Valley start-up despite no evidence its blood-testing technology could perform as promised."The United States rests,"... Read More.

How large retailers are avoiding supply chain woes

Friday, November 19 by ABC News

(NEW YORK) -- Walmart, Target and Macy's say they are finding ways to bring products to shelves in time for the holiday season even though supply chain issues are still impacting the economy and other companies.All three companies boasted strong numbers and good sales... Read More.

Thanksgiving travel might be messy amid shortages and storms, experts say

Friday, November 19 by ABC News

(NEW YORK) -- The number of fliers this year will approach pre-pandemic levels, according to the Transportation Security Administration. However, experts said staffing shortages and a storm on the horizon threaten to disrupt Americans' holiday plans."One of the things folks have not accounted for... Read More.

Amazon and Starbucks team up for cashier-less cafe in New York City

Thursday, November 18 by ABC News

(NEW YORK) -- Amazon and Starbucks teamed up to launch a new cashier-less cafe in midtown Manhattan that opens to the public on Thursday.The new concept store combines a traditional Starbucks pickup cafe with the so-called "Just Walk Out Shopping" experience of an Amazon... Read More.

John Deere workers approve new deal after monthlong strike

Thursday, November 18 by ABC News

(NEW YORK) -- The United Autoworkers Union announced Wednesday night it has voted to ratify an agreement that ends the strike of thousands of John Deere workers.The agreement was approved by a vote of 61% to 39%, according to UAW. The new deal includes... Read More.

Campbell’s CEO says shelves will be stocked for holidays, but prices will rise into 2022

Thursday, November 18 by ABC News

(NEW YORK) -- The pandemic has slowed down the supply chain in many sectors, but Campbell's CEO says he expects the company's products to be fully available this holiday season.Mark Clouse, CEO of Campbell's Soup Company told "Good Morning America" a week ahead of... Read More.

Women turn to app-based delivery platforms for work flexibility amid pandemic

Thursday, November 18 by ABC News

(NEW YORK) -- When Kara Moore, a mom of three, returned to the workforce last year after nine years as a stay-at-home mom, she struggled to find a job.Moore, 42, who holds a bachelor's degree and spent nearly a decade working in corporate America,... Read More.

Iconic Staples Center changing its name to Crypto.com Arena in reflection of changing times

Wednesday, November 17 by ABC News

(LOS ANGELES) -- The iconic Staples Center in Los Angeles will change its name to the Crypto.com Arena this Christmas, marking the end of an era for the stadium and becoming perhaps the latest signpost of cryptocurrency's push toward the mainstream.The name change is... Read More.

Staples Center to change name to Crypto.com Arena

Wednesday, November 17 by ABC News

(LOS ANGELES) -- The Staples Center is getting a new name before the new year.Arena owner AEG announced Tuesday a new 20-year partnership with Singapore-based cryptocurrency platform, Crypto.com. Beginning December 25, the Staples Center will be known as Crypto.com Arena.The arena first opened in... Read More.

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Biden nominates Federal Reserve Chair Jerome Powell to second term

Where prices are rising and how Americans can navigate inflation this holiday season

Looking back on 20 years of the XBox

Prosecution rests in Elizabeth Holmes trial after nearly 11 weeks

How large retailers are avoiding supply chain woes

Thanksgiving travel might be messy amid shortages and storms, experts say

Amazon and Starbucks team up for cashier-less cafe in New York City

John Deere workers approve new deal after monthlong strike

Campbell’s CEO says shelves will be stocked for holidays, but prices will rise into 2022

Women turn to app-based delivery platforms for work flexibility amid pandemic

Iconic Staples Center changing its name to Crypto.com Arena in reflection of changing times

Staples Center to change name to Crypto.com Arena

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