Business

‘This is a big deal’: What to know about the new retirement savings law

Tuesday, February 7 by ABC News

(NEW YORK) -- A major set of changes to the rules for retirement finances took effect this year, but many people may not have noticed. The rules were buried within a 4,000-page long, $1.7 trillion spending measure signed by President Joe Biden in December.The... Read More.

AMC announces new price system based on seat location: What to know

Tuesday, February 7 by ABC News

(NEW YORK) -- AMC Theatres announced a new ticket pricing initiative Monday that has customers paying based on where their seat is located.The initiative, called Sightline at AMC, is described by the company in a press release as a way for moviegoers to "now... Read More.

Google announces new AI program named Bard, in wake of viral ChatGPT

Monday, February 6 by ABC News

(MOUNTAIN VIEW, Calif.) -- If you ever needed artificial intelligence's help to plan a friend's baby shower, your time has come, as Google officially unveiled an AI program it's calling Bard, seemingly its answer to the viral ChatGPT.Google CEO Sundar Pichai announced Bard on the... Read More.

United Airlines faces possible $1.15M fine from FAA over pre-flight system check

Monday, February 6 by ABC News

(NEW YORK) -- United Airlines is facing a possible $1.15 million fine after allegedly conducting flights with planes that hadn't undergone a certain safety check, federal regulators said, though United called the check "redundant" given other systems.The Federal Aviation Administration (FAA) proposed the fine... Read More.

FTX’s new CEO tells bankruptcy court independent investigation would be a waste of money

Monday, February 6 by ABC News

(NEW YORK) -- FTX's new chief executive told a bankruptcy court Monday there is "a danger" to authorizing an independent investigation of the crypto exchange's collapse.John Ray said he had no use for prior court-supervised investigations into other companies he steered through bankruptcy."Neither in... Read More.

Treasury Secretary Janet Yellen rejects recession fears, says economy is ‘strong’

Monday, February 6 by ABC News

(NEW YORK) -- Treasury Secretary Janet Yellen rejected recession fears in an interview with ABC News' Good Morning America on Monday, saying the economy remains "strong and resilient."A blockbuster jobs report last week showed that the economy added 517,000 jobs in January, dropping the... Read More.