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Is Enron back? If it's a joke, some former employees aren't laughing
Enron, the Houston-based energy company that exemplified the worst in corporate fraud and greed in America after it went bankrupt in 2001, is coming back
December 03, 2024US senators grill officials from 5 airlines over fees for seats and checked bags
A U.S. Senate subcommittee is taking aim at airlines and their growing use of fees for things like early boarding and better seats
12/4/2024 10:39:16 ESTThe end of an Eras tour approaches, marking a bittersweet moment for Taylor Swift fans
The global phenomenon that is Taylor Swift’s Eras Tour is coming to an end after the popstar performed more than 150 shows across five continents over nearly two years
December 04, 2024
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4 minutes ago
Trump announces intent to nominate cryptocurrency advocate Paul Atkins to chair the Securities and Exchange Commission
Trump announces intent to nominate cryptocurrency advocate Paul Atkins to chair the Securities and Exchange Commission
4 minutes ago
33 minutes ago
Sumo wrestlers bring 1,500 years of tradition to London as the sport has an international moment
London’s Royal Albert Hall is preparing to host a different kind of spectacle: Sumo wrestling
33 minutes ago
1 hour ago
Austrian court rules that Ukrainian businessman Firtash can't be extradited to the US
An Austrian court has ruled that Ukrainian businessman Dymitro Firtash can’t be extradited to the U.S. in a long-running legal saga that centers on a corruption case related to an alleged plan to pay bribes in India
1 hour ago
1 hour ago
Raw milk recall in California expands after tests detect more bird flu virus
A California farm has expanded a recall of raw milk sold in stores and has halted production
1 hour ago
1 hour ago
OpenAI's Sam Altman 'not that worried' about rival Elon Musk's influence in the Trump administration
OpenAI CEO Sam Altman, who is locked in a legal dispute with rival Elon Musk, said said he is “not that worried” about Musk’s influence in the incoming Trump administration
1 hour ago
2 hours ago
US senators grill officials from 5 airlines over fees for seats and checked bags
A U.S. Senate subcommittee is taking aim at airlines and their growing use of fees for things like early boarding and better seats
2 hours ago
3 hours ago
Zepbound tops Wegovy for weight loss in Eli Lilly study
Shares of Eli Lilly climbed early Wednesday after the drugmaker detailed a study showing that its blockbuster weight-loss drug Zepbound helped patients shed more pounds than Wegovy from rival Novo Nordisk
3 hours ago
3 hours ago
The chief executive of UnitedHealthcare has been shot and killed outside a New York City hotel, AP source says
The chief executive of UnitedHealthcare has been shot and killed outside a New York City hotel, AP source says
3 hours ago
3 hours ago
The end of an Eras tour approaches, marking a bittersweet moment for Taylor Swift fans
The global phenomenon that is Taylor Swift’s Eras Tour is coming to an end after the popstar performed more than 150 shows across five continents over nearly two years
3 hours ago
3 hours ago
Mexico raises its minimum wage by 12%, but it marks no increase in dollar terms
Mexico has decided to increase its still strikingly low daily minimum wage by 12% next year
3 hours ago
4 hours ago
UnitedHealthcare CEO is killed in a 'targeted shooting' outside a New York hotel, officials say
New York City’s police commissioner says the killing of UnitedHealthcare CEO Brian Thompson was a “brazen, targeted attack.”
4 hours ago
December 04
Is Secret Santa stressing you out? Here’s your holiday gift-exchange survival guide
Secret Santa gift exchanges among friends, family or co-workers can be a fun way to get in the holiday spirit
December 04
December 04
How an Irish YouTuber turned a niche following into millions for charities with holiday livestreams
An Irish YouTuber hopes to raise millions of dollars for charity this holiday season — and is using a popular gaming technology to rally his fans around the cause
December 04
December 04
Oil delivery to the Czech Republic from Russia through the Druhzba pipeline is interrupted
Officials say oil delivery to the Czech Republic from Russia through the Druhzba pipeline has been interrupted
December 04
December 04
Edmunds hybrid sedan comparison: 2025 Honda Civic vs. 2025 Hyundai Elantra
Similar in size and fuel economy, these two hybrid compact sedans differ from there
December 04
December 04
Losses in China lead to $5B charge for General Motors as it cuts assets value
The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a restructuring charge totaling more than $5 billion in the fourth quarter of this year
December 04
December 04
General Motors records a $5 billon charge in the final quarter of 2024 on poorly performing joint ventures in China
General Motors records a $5 billon charge in the final quarter of 2024 on poorly performing joint ventures in China
December 04
December 04
EU pushes back deforestation law by a year after outcry from global producers
The European Union has agreed to delay by a year the introduction of new rules to ban the sale of products that lead to massive deforestation
December 04
December 04
Power shortages in Ecuador are melting away the future of a small town’s ice-cream industry
Ice-cream production in this quiet Ecuadorian town began in the mid-20th century in a convent for Franciscan nuns
December 04
December 04
Biden in Africa pledges millions more for a rail project the US hopes will boost its influence there
President Joe Biden on his visit to sub-Saharan Africa has pledged another $600 million for a cross-continent rail corridor project
December 04
December 04
Australia is banning social media for people under 16. Could this work elsewhere — or even there?
It is an ambitious social experiment of our moment in history
December 04
December 03
Stock market today: Tech stocks and AI pull Wall Street toward more records
U.S. stock indexes are rising after tech companies talked up how much artificial intelligence is boosting their results
December 03
December 03
District of Columbia says Amazon secretly stopped fast deliveries to 2 predominantly Black zip codes
The District of Columbia is alleging in a lawsuit that Amazon secretly stopped providing its fastest delivery service to residents of two predominantly Black neighborhoods in the city
December 03
December 03
When it’s time to rethink your asset allocation
Unless you happen to be an average-size person with perfectly balanced proportions, the clothing you buy may or may not fit perfectly
December 03
December 03
Founder of failed crypto lending platform Celsius Network pleads guilty to fraud charges
The founder and former CEO of the failed cryptocurrency lending platform Celsius Network has pleaded guilty to federal fraud charges, admitting that he misled customers about the business
December 03
December 03
Bank of America signs again with FIFA for US-hosted Club World Cup that still has no TV deals
Bank of America has teamed with FIFA for a second time
December 03
December 03
Commanders hire Campbell's CEO Mark Clouse as their new team president
The Washington Commanders have hired Mark Clouse as their new team president
December 03
December 03
Are you a former SmileDirectClub customer? You might be eligible for a refund
When SmileDirectClub shut down a year ago, scores of existing customers of the teeth-straightening company were left in limbo
December 03
December 03
A judge has once again rejected Musk's multi-billion-dollar Tesla pay package. Now what?
For a second time, a Delaware judge has nullified a pay package that Tesla had awarded its CEO, Elon Musk, that once was valued at $56 billion
December 03
December 03
How major US stock indexes fared Tuesday, 12/3/2024
U.S. stocks tiptoed to more records after a quiet day of trading
December 03
December 03
Former Abercrombie CEO's partner pleads not guilty to sex trafficking charges, is freed on bond
The partner of former Abercrombie & Fitch CEO Mike Jeffries who was indicted on sex trafficking charges along with Jeffries and another man has been released on $10 million bond
December 03
December 03
Nearly 30% of US drugstores closed in one decade, study shows
New research shows that nearly three out of 10 U.S. drugstores that were open during the previous decade had closed by 2021
December 03
December 03
Is Enron back? If it's a joke, some former employees aren't laughing
Enron, the Houston-based energy company that exemplified the worst in corporate fraud and greed in America after it went bankrupt in 2001, is coming back
December 03
December 03
What Black Friday and Cyber Monday sales tell us about the economy
Data released by Adobe shows a record estimated $13.3 billion spent on Cyber Monday in 2024.
December 03
December 03
FBI tells telecom firms to boost security following wide-ranging Chinese hacking campaign
U.S. officials are urging telecommunication companies to boost network security following a Chinese hacking operation that gave officials in Beijing access to the private texts and phone conversations of Americans
December 03
December 03
Elon Musk loses out on $50 billion Tesla payday after judge's ruling. Here's why.
The compensation package would have made Musk the highest-paid executive ever.
December 03
December 03
US closes investigation into E. coli outbreak linked to onions in McDonald's Quarter Pounders
The federal government has closed its investigation into an E
December 03
December 03
Trump vows to block Japanese steelmaker from buying US Steel, pledges tax incentives and tariffs
President-elect Donald Trump is underscoring his intention to block the purchase of U.S. Steel by Japanese steelmaker Nippon Steel Corp., and he’s pledging to use tax incentives and tariffs to strengthen the iconic American steelmaker
December 03
December 03
Kansas City Royals reach agreement with Diamond Sports Group to continue airing games
The Kansas City Royals say they have reached an agreement with Diamond Sports Group to continue broadcasting their games next season
December 03
December 03
What to know about Wisconsin's collective bargaining law for public workers
A judge’s overturning of Wisconsin’s 13-year-old law that effectively ended collective bargaining for teachers and most state government employees has rekindled a battle over labor rights in a state where the first public sector unions were formed 65 y...
December 03
December 03
Is it more affordable to rent or buy a home?
ABC News business reporter Alexis Christoforous discusses the current state of the U.S. housing market and the rise in cash buyers.
December 03
December 03
Cargill lays off 5% of its workforce, with job cuts impacting thousands of employees globally
Agribusiness giant Cargill is laying off thousands of its employees
December 03
December 03
Small business owners brace for Trump's proposed tariffs
Small businesses are bracing for stiff tariffs that President-elect Donald Trump has proposed as one of his first actions when he takes office
December 03
December 03
Canadian minister says Trump was joking when he said Canada could become the 51st state
A Canadian minister who attended a dinner between President-elect Donald Trump and Prime Minister Justin Trudeau says Trump was joking when he suggested Canada become the 51st U.S. state
December 03
December 03
US job openings rose last month, though hiring slowed, in mixed picture for labor market
The number of job postings in the United States rebounded in October from a 3 1/2 year low in September, a sign that businesses are still seeking workers even though hiring has cooled
December 03
December 03
AT&T sees earnings growth over 3 years; eyes $40B in anticipated shareholder returns
AT&T anticipates earnings growth over the next three years thanks to the momentum of 5G and fiber services
December 03
December 03
TikTok defends handling of Romania election content in grilling by EU lawmakers
TikTok took down several networks allegedly trying to meddle in Romania’s elections, executives said Tuesday as they defended the company’s election integrity measures to European Union lawmakers
December 03
December 03
GM adds over 132,000 heavy duty pickups to recall for tailgates that can open unexpectedly
General Motors is adding over 132,000 heavy-duty pickups in the U.S. to a previous recall for tailgate release switches that can short circuit and open the gates while the trucks are in park
December 03
December 03
Melinda French Gates plans to match $1M in GivingTuesday gifts to groups that support women
Melinda French Gates is offering to match up to $1 million in gifts to two nonprofit organizations to help spur donations on GivingTuesday
December 03
December 03
BlackRock buying credit investment manager HPS Investment Partners in approximately $12 billion deal
BlackRock is buying credit investment manager HPS Investment Partners in a stock deal valued at about $12 billion, giving it more ways to service its insurance clients
December 03