Business News

Cybersecurity firm CrowdStrike said an issue that has caused major disruptions is not a security incident or cyberattack

German Chancellor Olaf Scholz is in Serbia to discuss a tentative deal with the Balkan country to excavate lithium

Russia seeks 18-year prison term for US reporter Evan Gershkovich, on trial on spying charges he and US deny

A widespread technology outage is disrupting flights around the globe on a busy summer travel day

A global technology outage grounded flights, knocked banks offline and media outlets off air in a massive disruption that affected companies and services around the world and highlighted dependence on software from a handful of providers

A global internet outage is affecting airlines, banks, media and offices from the U.S. to Australia

Court in Russia says closing arguments begin in trial of US reporter Evan Gershkovich on spying charges that he denies

Russian prosecutors are seking a prison sentence of 18 years for Wall Street Journal reporter Evan Gershkovich

A bootcamp on a California ranch could help improve internet access on U.S. tribal lands

EA Sports College Football 25, among the most highly anticipated sports video games of all time, has flooded the market

Tucker Carlson was back on Fox News Channel airwaves Thursday

Nebraska Gov. Jim Pillen has announced a broad tax plan for an upcoming special legislative session billed to cut property taxes in half

Transit workers around the country are managing their fear and anxiety over a rise in violent crime on subways and buses

Benchmark U.S. crude oil for August delivery fell 3 cents $82.82 per barrel Thursday

Netflix’s subscriber and earnings growth accelerated in its latest quarter as the video streaming service benefits from a crackdown on freeloading viewers, an expansion into advertising and an acclaimed programming lineup

Netflix's quarterly subscriber and earnings growth accelerates as the streaming service widens its lead over rivals

A widespread washout across Wall Street dragged U.S. stocks lower

U.S. Transportation Secretary Pete Buttigieg and other officials paid a visit to the port of Long Beach to break ground on a $1.5 billion railyard expansion project that will more than triple the dock’s rail cargo capacity

Stellantis is telling owners of more than 24,000 plug-in hybrid minivans to park them outdoors away from buildings, and to stop charging them due to the possibility of battery fires

Prosecutors are expected to give new details next week about Boeing's plea deal in a case stemming from two deadly crashes of 737 Max jetliners

Some 3.3 million steam cleaners are being recalled across North America due to a burn hazard that has resulted in consumers reporting more than 150 injuries

The founder and owner of the iconic West Virginia chain Gino’s Pizza and Spaghetti House has died

The Biden administration is cancelling an additional $1.2 billion in student loans for borrowers who work in public service through changes to an existing forgiveness program

Federal health officials have authorized sales of Vuse Alto, the best-selling e-cigarette in the U.S. The Food and Drug Administration made the decision Thursday, allowing Reynolds American to keep its reusable e-cigarette on the market for years to come

Stocks that traded heavily or had substantial price changes on Thursday: Domino’s Pizza, Beyond Meat fall; Chuy’s, Warner Bros

ABC News business correspondent Alexis Christoforous breaks down the numbers for both candidates and their past standings.

The average rate on a 30-year mortgage dropped this week to a four-month low, a welcome decline in borrowing costs for prospective homebuyers grappling with the challenge of record-high home prices and a dearth of properties on the market

Freddie Mac says the average rate on a 30-year mortgage fell to 6.77% this week, the lowest level since mid-March

Allegiant Air is getting a new CEO, with longtime leader Maury Gallagher stepping down in September

The U.S. government says $325 million in federal funds will be available for solar and battery storage installations across Puerto Rico as the U.S. territory struggles with chronic power outages

Amazon says it had its best Prime Day sales event ever this week

A horrific crash that killed six high school girls in Oklahoma two years ago has the head of the U.S. National Transportation Safety Board urging parents to warn teenagers about the risk of driving after using marijuana

France’s divided National Assembly has kept a centrist member of President Emmanuel Macron’s party as speaker

The Consumer Financial Protection Bureau says apps that allow workers to access their paychecks in advance, often for a fee, are providing loans and therefore subject to the Truth in Lending Act

The African Development Bank says it has approved a $1 billion loan to South Africa’s state-owned rail and ports company, Transnet

A pandemic-era supply bottleneck is the main culprit, some economists said.

A grand experiment is underway in Nevada where an endangered desert wildflower stands in the way of a mining company's plans to dig for lithium to help speed production of batteries for electric cars and other green energy projects

U.S. filings for unemployment benefits rose again last week and appear to be settling consistently at a slightly higher though still healthy level

Asylum-seekers have gravitated to working food delivery in New York and other major cities, drawn by an abundance of customers and ease of getting started

The number of Americans collecting jobless benefits rises again as labor market appears to soften

An inquiry into the U.K. government's response to COVID-19 found it was ill-prepared for a pandemic and serious errors in planning failed its citizens

European Central Bank leaves key interest rate at 3.75%, waits for signs inflation is under control before cutting again

Ford says it plans to start making its F-Series Super Duty pickups at a plant in Ontario, Canada beginning in 2026 in order to keep up with customer demand for the vehicle

A Chinese-led consortium has pulled out of its contract with Cyprus to build the island nation’s first natural gas import terminal over what it says was the Cypriot government’s failure to pay what it owed for work completed this year

South African President Cyril Ramaphosa has opened a new parliamentary term

The Vietnamese Communist Party says President To Lam on Thursday became the caretaker of the Party while its general secretary Nguyen Phu Trong focuses on receiving treatment for his health

A Kenyan court has suspended a police ban on protests in the capital

Wireless and fixed-network equipment maker Nokia has reported a double-digit fall in profit and sales in the second quarter due to a continuing weak market as clients are holding off investments in 5G technology

State media say North Korean leader Kim Jong Un has visited a major tourism site being constructed on the country's eastern coast and discussed steps to open the zone by next year

The European Central Bank left its key interest rate benchmark unchanged Thursday as its rate-setting council and President Christine Lagarde take their time to make sure stubborn inflation is firmly under control before lowering rates again