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Volkswagen plans blockbuster IPO for Porsche. Here’s why.

Wednesday, September 7 by ABC News

(NEW YORK) -- Luxury car brand Porsche aims to go public in late September or early October in what could be one of the largest initial public offerings in Europe in decades, parent company Volkswagen announced late Monday. The move arrives at a precarious economic... Read More.

Watchdog group says kids vulnerable to inappropriate content on popular game Roblox

Wednesday, September 7 by ABC News

(NEW YORK) -- Over 54 million users play Roblox, a popular multiplayer online game, every day and nearly half of them are under the age of 13, according to the company. At first glance, it may seem cartoonish and harmless but one watchdog group... Read More.

Juul agrees to pay $438.5 million settlement over marketing to teens

Tuesday, September 6 by ABC News

(NEW YORK) -- Juul agreed to pay nearly half a billion dollars Tuesday as part of a settlement with 34 states over the way it marketed its vaping products. The $438.5 million agreement in principle with Juul Labs resolves a two-year investigation into the e-cigarette... Read More.

California signs law that could transform worker bargaining

Tuesday, September 6 by ABC News

(SACRAMENTO, Calif.) -- U.S. labor unions enjoy their highest level of approval in almost 60 years, as high-profile worker victories at Amazon and Starbucks have galvanized public support. However, union membership -- the lifeblood of the labor movement -- has fallen to a historic... Read More.

CVS reaches deal to buy Signify Health for $8 billion

Tuesday, September 6 by ABC News

(NEW YORK) -- CVS Health announced on Monday it has reached a deal to acquire home healthcare provider Signify Health for approximately $8 billion. Per the terms of the agreement, CVS will pay $30.50 per share in cash for Signify. "Signify Health will play a... Read More.

New York City sues Starbucks over firing of unionizing barista

Friday, September 2 by ABC News

(NEW YORK) -- New York City is suing Starbucks over allegations the coffee corporation unlawfully fired a Queens barista who had been involved in unionization efforts, a city agency announced Friday. The lawsuit marks the latest in a string of legal disputes over the termination... Read More.

US hiring slows but remains strong, as economy adds 315,000 jobs

Friday, September 2 by ABC News

(WASHINGTON) -- U.S. hiring slowed from its breakneck pace but remained robust in August, with the economy adding 315,000 jobs and the unemployment rate rising to 3.7%, according to data released by the Bureau of Labor Statistics on Friday. The report comes one week after... Read More.

Teachers can score free coffee all September at this popular chain

Friday, September 2 by ABC News

(NEW YORK) -- Caffeine is essential for school teachers and staff transitioning back to the classroom. Thankfully, Wawa is here to help. Starting Sept. 1, the popular convenience store chain is bringing back its "Cheers to Classrooms" deal that grants free hot coffee of any... Read More.

Water crisis in Jackson, Mississippi, ‘very dire’ for local businesses

Friday, September 2 by ABC News

(JACKSON, Miss.) -- When the water stopped running at her restaurant in Jackson, Mississippi, on Monday afternoon, Tanya Burns was preparing for a private event set to begin about one hour later. Suddenly, her dishwasher didn't work and her toilets couldn't flush. "How do you... Read More.

August jobs data to show whether US sustained hiring boom

Friday, September 2 by ABC News

(NEW YORK) -- Policymakers and market watchers will be closely watching August hiring data as it comes out Friday. The report comes one week after Fed Chair Jerome Powell triggered a stock sell-off and stoked recession fears with his vow to fight inflation with interest... Read More.

CPSC recalls UPPAbaby strollers due to laceration risk

Thursday, September 1 by ABC News

(NEW YORK) -- More than 14,000 strollers are being recalled due to an issue that can cause amputation or laceration if a child’s fingertips get caught. The recall, posted by the Consumer Product Safety Commission (CPSC) on Thursday, said the recall impacts UPPAbaby All-Terrain RIDGE... Read More.

Royal Caribbean to offer Starlink internet on all its ships

Thursday, September 1 by ABC News

(NEW YORK) -- High-speed internet is coming to the high seas, as Royal Caribbean announced it would implement Elon Musk's Starlink internet on all its ships. The company said the technology will "improve and enable" high-bandwidth activities such as video streaming and video calls on... Read More.

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