Business

Chipotle agrees to $300K settlement over child labor allegations in DC

Tuesday, August 29 by ABC News

(NEW YORK) -- Chipotle Mexican Grill has agreed to a six-figure settlement after an investigation in the nation's capital "identified over 800 potential violations of Washington, D.C.'s child labor laws over the past three years," D.C. Attorney General Brian L. Schwalb announced on Monday.Schwalb's... Read More.

China trip to promote ‘healthy competition’ between countries: Commerce Secretary says

Monday, August 28 by ABC News

(WASHINGTON) -- As Secretary of Commerce Gina Raimondo's plane touches down in Beijing, the goal of the trip, according to the Secretary, is to promote "healthy competition" between the two countries but also walk a fine line between holding China accountable for the national... Read More.

UAW votes to authorize a strike if no deal reached with Big 3 US automakers

Friday, August 25 by ABC News

(NEW YORK) -- The union representing approximately 150,000 workers at the Big Three U.S. automakers -- General Motors, Ford and Stellantis -- has voted to authorize a strike if no deal is reached amid ongoing contract negotiations.Across the three companies, United Auto Workers union... Read More.

SpaceX sued by Justice Department over alleged asylee, refugee discrimination

Thursday, August 24 by ABC News

(WASHINGTON) -- The Department of Justice is suing SpaceX, the aerospace company owned by Elon Musk, over alleged discriminatory practices against people living in the country under asylum and refugees.The federal government contends in its civil lawsuit, which was filed Thursday, that the company... Read More.

Starbucks Pumpkin Spice Latte makes early fall debut for 20th anniversary

Thursday, August 24 by ABC News

(NEW YORK) -- Despite the date on the calendar, brands are already busy preparing their post-summer push for all things pumpkin spice, unleashing fall offerings a full 28 days before the last day of summer.For fans of the expeditious mental shift in seasons, Starbucks... Read More.

Walmart drops Top Toys List for 2023 holiday season

Thursday, August 24 by ABC News

(NEW YORK) -- Believe it or not, the holiday season is quickly approaching.Mega-retailer Walmart released its highly anticipated Top Toys List for the 2023 season this week to help you get a head start on your shopping list."The holiday season is just around the... Read More.

Slow housing market may not heat up anytime soon, analysts say: ‘The party is over’

Wednesday, August 23 by ABC News

(NEW YORK) -- Sky-high mortgage rates have helped slam the brakes on the housing market, recent data shows.Mortgage rates climbed to their highest levels in 21 years, Freddie Mac data showed last week. The 30-year fixed-rate mortgage averaged 7.09% over the week ending on... Read More.

Writers Guild sharply rebukes latest offer from Hollywood studios

Wednesday, August 23 by ABC News

(NEW YORK) -- The Writers Guild rejected the latest offer from TV and movie studios in a statement on Tuesday night, thrusting the acrimonious negotiations into public view 113 days after Hollywood writers went on strike.The three-year contract offer includes a combined 13% pay... Read More.

Fyre Festival 2 tickets on sale and customers are buying, disgraced founder says

Wednesday, August 23 by ABC News

(NEW YORK) -- The disgraced founder of the 2017 Fyre Festival, Billy McFarland, is selling tickets for a follow-up event and customers are buying them, he said in recent posts on Instagram.An initial batch of tickets for Fyre Festival 2 sold out just two... Read More.

Sales slumps at Target and Bud Light may fuel more boycotts, experts say

Tuesday, August 22 by ABC News

(NEW YORK) -- Target's sales declined over a three-month period for the first time in six years, the company announced last week, attributing the loss in part to what the company's Executive Vice President Christina Hennington described as the "strong reaction" to its Pride... Read More.

Generation Z sees biggest increase in credit card debt, Gen X has highest balance: Report

Tuesday, August 22 by ABC News

(NEW YORK) -- Generation Z is racking up more credit card debt than previous generations, while Generation X holds the highest average of credit card debt, according to recent data from Credit Karma.Between April and June 2023, Gen Z, people born between 1997 and... Read More.

Big business mulls approach to Trump bid after opposing 2020 election lies

Monday, August 21 by ABC News

(NEW YORK) -- Three days after Election Night 2020, dozens of CEOs from the nation's largest companies logged into a Zoom call aiming to prevent the collapse of American democracy, according to several attendees who spoke to ABC News.The night before, then-President Donald Trump... Read More.

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Chipotle agrees to $300K settlement over child labor allegations in DC

China trip to promote ‘healthy competition’ between countries: Commerce Secretary says

UAW votes to authorize a strike if no deal reached with Big 3 US automakers

SpaceX sued by Justice Department over alleged asylee, refugee discrimination

Starbucks Pumpkin Spice Latte makes early fall debut for 20th anniversary

Slow housing market may not heat up anytime soon, analysts say: ‘The party is over’

Writers Guild sharply rebukes latest offer from Hollywood studios

Fyre Festival 2 tickets on sale and customers are buying, disgraced founder says

Sales slumps at Target and Bud Light may fuel more boycotts, experts say

Generation Z sees biggest increase in credit card debt, Gen X has highest balance: Report

Big business mulls approach to Trump bid after opposing 2020 election lies

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