Business

How will OPEC+ oil cut impact US gas prices? Experts weigh in

Monday, April 3 by ABC News

(NEW YORK) -- A group of oil-producing nations imposed a significant cut in oil output with far-reaching consequences for U.S. gas prices, industry analysts told ABC News.The alliance of countries known as OPEC+, led by Saudi Arabia and Russia, agreed on Sunday to cut... Read More.

The Laundress recalls more laundry products over carcinogen concern

Monday, April 3 by ABC News

(NEW YORK) -- The Laundress is recalling hundreds of thousands of laundry products four months after issuing a separate recall of millions of laundry detergent and cleaning products.On Friday, the company announced it was issuing a voluntary recall of about 800,000 of its fabric... Read More.

WWE, UFC-parent company Endeavor merge to form $21B global fighting behemoth

Monday, April 3 by ABC News

(NEW YORK) -- Endeavor, the parent company of UFC, acquired World Wrestling Entertainment on Monday in a merger that values the WWE at $9.3 billion, forming a worldwide combat sports behemoth, the companies said in a joint announcement.Ari Emanuel, the CEO of Endeavor, will... Read More.

Twitter begins phasing out legacy ‘blue check marks’ in latest platform change

Saturday, April 1 by ABC News

(NEW YORK) -- Starting April 1, Twitter users who don’t subscribe to Twitter Blue are going to have to say goodbye to their blue check marks.Recent changes implemented under Elon Musk, the company’s CEO, mean anyone who subscribes to Twitter Blue gets a blue... Read More.

Amazon union faces division, delay a year after historic victory

Saturday, April 1 by ABC News

(NEW YORK) -- Encircled by camera-wielding supporters and journalists, Chris Smalls popped a bottle of champagne one year ago today to celebrate a watershed election that established the first-ever U.S. union at Amazon -- but the celebratory times for the union wouldn't last.Smalls, a... Read More.

Approximately 53,000 hoverboards recalled over fire risks after two deaths

Friday, March 31 by ABC News

(WASHINGTON) -- After two deaths, approximately 53,000 hoverboards are being recalled due to fire risks, the U.S. Consumer Product Safety Commission (CPSC) said Thursday.The voluntary recall impacts certain Jetson Rogue self-balancing scooters -- also known as hoverboards -- which were sold at Target and... Read More.

Seattle law grants most gig workers paid sick leave

Thursday, March 30 by ABC News

(SEATTLE) -- Seattle will provide paid sick and safe leave for most gig workers under a new law, becoming the first U.S. city to guarantee such benefits on a permanent basis for app-based employees.Workers who perform tasks for companies like Instacart, Postmates and DoorDash... Read More.

Disgraced crypto exec Sam Bankman-Fried faces new bribery charge, pleads not guilty

Thursday, March 30 by ABC News

(NEW YORK) -- Embattled crypto executive Sam Bankman-Fried now faces an additional criminal charge of conspiracy to violate the anti-bribery provisions of the Foreign Corrupt Practices Act, according to a superseding indictment unsealed Tuesday in the Southern District of New York.The new charge brings... Read More.

Roku to slash 200 jobs, amounting to 6% of workforce

Thursday, March 30 by ABC News

(NEW YORK) -- Roku plans to lay off another 200 workers, or 6% of its workforce, the video-streaming company said in a government filing on Thursday, just months after a prior round of layoffs in the fall that slashed 200 jobs.The company's revenue surged... Read More.

Elon Musk, Steve Wozniak and other tech leaders warn ‘out-of-control’ AI poses ‘profound risks’

Wednesday, March 29 by ABC News

(NEW YORK) -- Artificial intelligence-driven language models have garnered millions of users in recent months, instantly whipping up viral sensations like a biblical verse about how to remove a peanut butter sandwich from a VCR.However, the AI-enhanced chat bots pose significant dangers that far outweigh... Read More.

Starbucks’ former CEO denies breaking law after Sen. Sanders accuses company of ‘union busting’

Wednesday, March 29 by ABC News

(WASHINGTON) -- Starbucks' former CEO Howard Schultz on Wednesday denied breaking the law in response to sharp criticism from Sen. Bernie Sanders, I-Vt., who accused the company of "the most aggressive and illegal union busting campaign in the modern history of our country."In response... Read More.

Starbucks’ former CEO set to face Bernie Sanders over employees’ unionization push

Wednesday, March 29 by ABC News

(WASHINGTON) -- When Starbucks' most famous former CEO, Howard Schultz, appears Wednesday before a Senate committee to face questioning from Bernie Sanders over the company's response to a unionization push -- including what a labor judge found to be union-busting practices -- he'll look... Read More.

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How will OPEC+ oil cut impact US gas prices? Experts weigh in

The Laundress recalls more laundry products over carcinogen concern

WWE, UFC-parent company Endeavor merge to form $21B global fighting behemoth

Twitter begins phasing out legacy ‘blue check marks’ in latest platform change

Amazon union faces division, delay a year after historic victory

Approximately 53,000 hoverboards recalled over fire risks after two deaths

Seattle law grants most gig workers paid sick leave

Disgraced crypto exec Sam Bankman-Fried faces new bribery charge, pleads not guilty

Roku to slash 200 jobs, amounting to 6% of workforce

Elon Musk, Steve Wozniak and other tech leaders warn ‘out-of-control’ AI poses ‘profound risks’

Starbucks’ former CEO denies breaking law after Sen. Sanders accuses company of ‘union busting’

Starbucks’ former CEO set to face Bernie Sanders over employees’ unionization push

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