Business

Taylor Swift ticket debacle renews calls to split up Ticketmaster and Live Nation

Thursday, November 17 by ABC News

(NEW YORK) -- Ticketmaster is pulling the plug on the general-public ticket sale for Taylor Swift's "Eras" tour that was set to take place Friday, Nov. 18.The company tweeted Thursday: "Due to extraordinarily high demands on ticketing systems and insufficient remaining ticket inventory to... Read More.

New FTX CEO says he’s never seen ‘complete failure’ of corporate controls in his career, including at Enron

Thursday, November 17 by ABC News

(NEW YORK) -- The new FTX CEO brought into shepherd the company through bankruptcy proceedings said he has never seen such a "complete failure" of corporate controls in his career, including during the Enron scandal."Never in my career have I seen such a complete... Read More.

Tyson recalls 93,000 pounds of ground beef contaminated with ‘mirror-like material’

Thursday, November 17 by ABC News

(WASHINGTON) -- Tyson Fresh Meats has recalled about 93,697 pounds of raw ground beef products, saying it may be contaminated with "extraneous materials, specifically reflective mirror-like material," the U.S. Department of Agriculture's Food Safety and Inspection Service announced Wednesday.The affected ground beef was produced... Read More.

Hundreds of Starbucks workers strike on Red Cup Day, here’s what organizers had to say

Thursday, November 17 by ABC News

(NEW YORK) -- Hundreds of Starbucks employees went on strike Thursday, amid the coffee chain's busy holiday season, to protest working conditions and push company leaders to recognize workers' unionizing efforts at stores nationwide and meet them at the bargaining table.The protest took place... Read More.

Winter season travel trends, top 10 destinations and more traveler patterns taking flight

Thursday, November 17 by ABC News

(NEW YORK) -- After travel came to a halt during the height of the COVID-19 pandemic, travelers are once again on the move and new data shows there's no sign of demand slowing during the upcoming season.Tripadvisor has released its Seasonal Travel Index, which... Read More.

Amazon begins layoffs of workers on devices team

Thursday, November 17 by ABC News

(NEW YORK) -- Amazon began layoffs on Wednesday of workers on its devices team, which focuses on products like its voice-operated Alexa, Dave Limp, senior vice president of devices and services, said in a memo.The move adds the company to a list of major... Read More.

Commit ‘hardcore’ or leave, Elon Musk tells Twitter employees

Wednesday, November 16 by ABC News

(NEW YORK) -- Twitter employees have till Thursday evening to commit to being "extremely hardcore" or accept three months of severance upon their exiting the company, Twitter's new owner Elon Musk wrote in a company-wide email. The internal email sent out this morning was... Read More.

Estee Lauder acquires Tom Ford for $2.8 billion

Wednesday, November 16 by ABC News

(NEW YORK) -- Estée Lauder is acquiring Tom Ford for $2.8 billion, the venerable beauty brand announced Tuesday.Through the new deal, the beauty conglomerate plans to add the designer label's fragrances, cosmetics, skin care and apparel to its large portfolio of brands.While the acquisition... Read More.

These tech companies have imposed major layoffs in 2022

Wednesday, November 16 by ABC News

(NEW YORK) -- A rude awakening for the tech industry this year has triggered a slew of layoffs at major companies.Sales at top tech firms have retreated from the blistering pace attained during the pandemic, when billions across the world were forced into isolation.... Read More.

Amazon warns of rise in scams this holiday season

Wednesday, November 16 by ABC News

(NEW YORK) -- Amazon is warning customers about an increase in online and mobile scams ahead of the holiday season.According to Amazon, they have already initiated takedowns of more than 20,000 phishing websites and 10,000 phone numbers associated with impersonation schemes this year.The retail... Read More.

How did Democrats avoid a midterms backlash over inflation?

Wednesday, November 16 by ABC News

(NEW YORK) -- A red wave in the midterm elections propelled by discontent over sky-high inflation was expected to deliver a historic defeat for Democrats -- until it didn't.Typically the party in control of the White House suffers significant losses in the midterm elections.... Read More.

Company fined after worker dies from fall into pot of molten iron twice as hot as lava

Wednesday, November 16 by ABC News

(MAPLETON, Ill.) -- One of the world’s biggest manufacturers of industrial vehicles and equipment has been cited and penalized for the death of a worker who fell into an 11-foot-deep pot of molten iron heated to more than 2,000 degrees this summer.Steve Dierkes, a... Read More.

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Taylor Swift ticket debacle renews calls to split up Ticketmaster and Live Nation

New FTX CEO says he’s never seen ‘complete failure’ of corporate controls in his career, including at Enron

Tyson recalls 93,000 pounds of ground beef contaminated with ‘mirror-like material’

Hundreds of Starbucks workers strike on Red Cup Day, here’s what organizers had to say

Winter season travel trends, top 10 destinations and more traveler patterns taking flight

Amazon begins layoffs of workers on devices team

Commit ‘hardcore’ or leave, Elon Musk tells Twitter employees

Estee Lauder acquires Tom Ford for $2.8 billion

These tech companies have imposed major layoffs in 2022

Amazon warns of rise in scams this holiday season

How did Democrats avoid a midterms backlash over inflation?

Company fined after worker dies from fall into pot of molten iron twice as hot as lava

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