Business

Justice Department seeks breakup of Live Nation-Ticketmaster through major antitrust suit

Thursday, May 23 by ABC News

(WASHINGTON) -- The Justice Department and dozens of state and district attorneys general filed a major antitrust lawsuit Thursday seeking the breakup of Ticketmaster owner Live Nation Entertainment over what they allege is the company's unlawful dominance over the concert ticket sales industry.The lawsuit,... Read More.

Justice Department and 30 states seek breakup of Live Nation-Ticketmaster through major antitrust suit

Thursday, May 23 by ABC News

(WASHINGTON) -- The Justice Department and 30 states filed a major antitrust lawsuit Thursday seeking the breakup of Ticketmaster owner Live Nation Entertainment over what they allege is the company's unlawful dominance over the concert ticket sales industry.The lawsuit, filed in federal court in... Read More.

Target, McDonalds and Wendys announce discounts. Has a price war broken out?

Thursday, May 23 by ABC News

(NEW YORK) -- For more than three years, rapid inflation has frustrated shoppers scanning store shelves for deals. But a host of prominent companies are finally delivering relief.Target, Ikea, Aldi, McDonald’s and Wendy’s are among several well-known brands that have announced lower prices in... Read More.

Aldi stores focusing on low grocery prices this summer, CEO says

Thursday, May 23 by ABC News

(NEW YORK) -- As inflation continues to worry Americans, Aldi CEO Jason Hart said the discount grocery chain is focused on keeping grocery prices low as the summer season heats up.Hart joined ABC News' Good Morning America live Thursday to discuss the summer grocery... Read More.

Justice Department to announce lawsuit against Live Nation over ticket prices: Sources

Thursday, May 23 by ABC News

(WASHINGTON) -- The Justice Department and a group of state attorneys general are expected to announce an antitrust lawsuit against Live Nation as soon as Thursday over Ticketmaster's dominance over the concert ticket sales market, two sources familiar with the matter told ABC News... Read More.

FDIC head who oversaw alleged toxic culture to stay until his replacement. Experts say that risks more harm

Thursday, May 23 by ABC News

(WASHINGTON) -- The head of the Federal Deposit Insurance Corporation said this week that he would leave his role in the aftermath of a probe that documented widespread allegations of sexual harassment and discrimination at the federal agency.Martin Gruenberg, a Democrat who began a... Read More.

Now its bare: NYCs Chinatown small businesses battle to keep doors open

Thursday, May 23 by ABC News

(NEW YORK) -- Ting's Gift Shop in New York City's bustling Chinatown has shuttered after 66 years in business.The family-run novelty shop, which is situated at the corner of Doyers and Pell streets and distinguished by its vibrant red exterior and abundant merchandise, was... Read More.

Wendy’s launches $3 English muffin breakfast combo amid soaring prices in fast food

Tuesday, May 21 by ABC News

(NEW YORK) -- Wendy’s is enticing its customers with a new deal amid increased prices at fast food chains.Beginning Monday, May 20, customers can get a breakfast combination deal from Wendy’s for only $3, according to a press release from the chain.The meal combo... Read More.

Target to cut prices on 5,000 items: See which items will cost less

Tuesday, May 21 by ABC News

(NEW YORK) -- Retail giant Target announced Monday it is lowering prices on around 5,000 items in its stores across the country.The Minneapolis-based retailer said the price cuts are meant to both make sure its prices stay competitive and help consumers who are feeling... Read More.

Red Lobster voluntarily files for Chapter 11 bankruptcy

Tuesday, May 21 by ABC News

(NEW YORK) -- Red Lobster has voluntarily filed for Chapter 11 bankruptcy, according to a recent press release shared with ABC News.The largest seafood chain in the U.S., home to Cheddar Bay biscuits, Lobsterfest, Ultimate Endless Shrimp and more, filed the legal action on... Read More.

Is it too late to join the bull market? Experts weigh in.

Monday, May 20 by ABC News

(NEW YORK) -- The blazing hot stock market seems to set new records just about every day.The Dow Jones Industrial Average stands above 40,000 for the first time in history, after climbing nearly 20% since October. Over that period, the S&P 500 and the... Read More.

Trump trusted more than Biden on inflation, a top issue for voters, poll shows

Saturday, May 18 by ABC News

(NEW YORK) -- U.S. adults trust former President Donald Trump over President Joe Biden on the issue of inflation by a double-digit margin, according to a new ABC News/Ipsos poll this month, which found that price increases remain a top concern for voters, with... Read More.

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Justice Department seeks breakup of Live Nation-Ticketmaster through major antitrust suit

Justice Department and 30 states seek breakup of Live Nation-Ticketmaster through major antitrust suit

Target, McDonalds and Wendys announce discounts. Has a price war broken out?

Aldi stores focusing on low grocery prices this summer, CEO says

Justice Department to announce lawsuit against Live Nation over ticket prices: Sources

FDIC head who oversaw alleged toxic culture to stay until his replacement. Experts say that risks more harm

Now its bare: NYCs Chinatown small businesses battle to keep doors open

Wendy’s launches $3 English muffin breakfast combo amid soaring prices in fast food

Target to cut prices on 5,000 items: See which items will cost less

Red Lobster voluntarily files for Chapter 11 bankruptcy

Is it too late to join the bull market? Experts weigh in.

Trump trusted more than Biden on inflation, a top issue for voters, poll shows

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