Business

The 2023 Gerber ‘spokesbaby’ is a rainbow baby: ‘Brought us immeasurable joy’

Wednesday, July 12 by ABC News

(NEW YORK) -- Meet Madison!The 9-month-old has been named the 2023 Gerber "Spokesbaby" and winner of the baby food brand's latest photo search contest, according to Gerber.In a press release, Gerber added that Maddie "fearlessly explores new foods."Maddie's parents say they're excited to see... Read More.

Inflation cooled significantly in June, bringing price hikes close to normal levels

Wednesday, July 12 by ABC News

(WASHINGTON) -- Consumer prices rose 3% last month compared to a year ago, marking a significant slowdown and raising hopes that a prolonged bout of heightened inflation is nearing its end.The fresh data Wednesday morning from the Bureau of Labor Statistics arrives days after... Read More.

Inflation data expected to show significant slowdown of price increases

Wednesday, July 12 by ABC News

(WASHINGTON) -- Inflation data to be released on Wednesday will show whether the U.S. economy extended a monthslong cooldown of price increases in June, offering further relief for consumers and welcome news for the Federal Reserve as it weighs an additional interest rate hike.The... Read More.

Bank of America ordered to pay more than $100 million for double charging fees, withholding rewards

Tuesday, July 11 by ABC News

(NEW YORK) -- Bank of America was ordered to pay more than $100 million to customers for double-charging accounts with insufficient funds, denying reward payments to credit card holders and using personal data to open accounts without a client’s knowledge, the Consumer Financial Protection... Read More.

Powerball jackpot jumps to $725 million

Tuesday, July 11 by ABC News

(NEW YORK) -- The Powerball jackpot for Wednesday's drawing rose to $725 million after no one won on Monday.A single winner would take home an estimated $366.2 million cash option before taxes -- the ninth-largest Powerball jackpot on record.There was no big winner on... Read More.

Monday’s Powerball jackpot jumps to $675 million

Tuesday, July 11 by ABC News

(NEW YORK) -- The Powerball jackpot for Monday's drawing rose to $675 million after no one won on Saturday.A single winner would have taken home an estimated $340.9 million cash option before taxes -- the ninth largest Powerball jackpot on record and the second... Read More.

What to know about the potential UPS Teamsters strike

Saturday, July 8 by ABC News

(NEW YORK) -- Negotiations broke down this week between UPS and its Teamster-represented workers, weeks before their contract is set to expire.As a potential strike looms, UPS workers across the country have been holding "practice pickets," holding signs that say, "Just practicing for a... Read More.

UPS workers’ union leader explains what’s at stake as strike edges closer

Friday, July 7 by ABC News

(NEW YORK) -- Workers for UPS are edging closer to a strike after a breakdown in talks between the delivery giant and the Teamsters union representing its employees. Both sides have accused each other of walking away from negotiations.A walkout would have ripple effects... Read More.

How corporate America is slashing DEI workers amid backlash to diversity programs

Friday, July 7 by ABC News

(NEW YORK) -- Years after the death of George Floyd shined a spotlight on societal inequities, diversity professionals say some companies are turning their backs on the progress that's been made to address them.Madison Butler is one of the many diversity, equity, and inclusion... Read More.

Tech company under fire after new lawsuit alleges anti-Asian bias

Thursday, July 6 by ABC News

(SAN FRANCISCO) -- Asian Americans throughout Silicon Valley are unifying in support of one man after a new lawsuit was filed last month against Lumentum Operations, LLC, alleging Asian discrimination throughout the company.The lawsuit, filed June 30 by Andre Wong, seeks $20,000,000 in damages,... Read More.

FDA, FTC send cease and desists to six companies they say sell copycat candy, snack products with edible THC

Thursday, July 6 by ABC News

(WASHINGTON) -- The U.S. Food and Drug Administration and the Federal Trade Commission have jointly issued warning letters to six companies that they say illegally sold copycat food products that look like regular candies and snack foods, but contain edible Delta-8 tetrahydrocannabinol, or THC."These... Read More.

Twitter sends Meta cease-and-desist letter over new Threads app: Sources

Thursday, July 6 by ABC News

(NEW YORK) -- Twitter sent Meta a cease-and-desist letter over the newly launched Threads app, sources familiar with the letter's existence told ABC News.The letter was sent by Twitter's legal team Thursday, the sources said.The letter accused Meta of misappropriating Twitter's trade secrets and... Read More.

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The 2023 Gerber ‘spokesbaby’ is a rainbow baby: ‘Brought us immeasurable joy’

Inflation cooled significantly in June, bringing price hikes close to normal levels

Inflation data expected to show significant slowdown of price increases

Bank of America ordered to pay more than $100 million for double charging fees, withholding rewards

Powerball jackpot jumps to $725 million

Monday’s Powerball jackpot jumps to $675 million

What to know about the potential UPS Teamsters strike

UPS workers’ union leader explains what’s at stake as strike edges closer

How corporate America is slashing DEI workers amid backlash to diversity programs

Tech company under fire after new lawsuit alleges anti-Asian bias

FDA, FTC send cease and desists to six companies they say sell copycat candy, snack products with edible THC

Twitter sends Meta cease-and-desist letter over new Threads app: Sources

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