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Business News

Boeing says it will take $1 billion hit on grounding of the 737 Max jet

Wolterk/iStock(NEW YORK) -- Boeing announced Wednesday that it was taking an initial $1 billion hit on the grounding of the 737 Max jet following two fatal plane crashes in five months.

The company also abandoned its previous full-year financial   ... Read More

Facebook officials will attend Paris summit to combat spread of terror online following Christchurch attacks

David Tran/iStock(NEW YORK) -- Representatives from Facebook will be among the social media executives attending a May 15 summit being organized by New Zealand Prime Minister Jacinda Ardern to combat the spread of terrorist material online.

The summit, which   ... Read More

Class-action lawsuit filed over popular baby sleeper

iStock(NEW YORK) -- The latest rumble in the fallout over the Rock N' Play baby sleeper comes in the form of a class action lawsuit.

The suit was filed by one named mother, Cassandra Mulvey, on behalf of herself   ... Read More

Criminal charges filed against drug executive for opioids

iStock/sdominick(NEW YORK) -- Federal prosecutors charged drug distributor Rochester Drug Cooperative and its former CEO with drug trafficking charges Tuesday -- the first criminal charges for a pharmaceutical company and executives in the nation's ongoing opioid crisis.The charges   ... Read More

Samsung delays launch of $2,000 folding phone after problems with review units

holgs/iStock(NEW YORK) -- Samsung is delaying the rollout of its $2,000 foldable phones after several tech reviewers reported that their review units became damaged within a day or two of using them.

The Galaxy Fold, which was originally slated   ... Read More

With FAA certification, Google’s drone company set to start deliveries in Virginia

Interim Archives/Getty Images(BLACKSBURG, Va.) -- With the Federal Aviation Administration's historic certification, Wing Aviation’s drone deliveries are set to arrive in Virginia.U.S. Department of Transportation Secretary Elaine Chao announced Tuesday that the FAA awarded air carrier certification to   ... Read More

Kohl’s to expand its Amazon returns program this summer

SweetBabeeJay/iStock(MENOMONEE FALLS, Wisc.) -- Affordable fashion retailer Kohl's has announced that it is expanding its Amazon returns program this summer.

All 1,150 Kohl's locations will accept opened packages starting in July for free, Kohl's said in a statement. Eligible   ... Read More

Oscar Munoz, CEO of United Airlines, on the changing industry and customer expectations

Niall_Majury/iStock(WASHINGTON) -- United Airlines CEO Oscar Munoz thinks airlines are reaching a breaking point with shrinking seat sizes.

"I think we are nearing a point certainly that we can't do that anymore," he told ABC News' Senior Transportation Correspondent   ... Read More

Samsung delays release of Galaxy Fold over display issues

Justin Sullivan/Getty Images(NEW YORK) -- The company announced it would be delaying the rollout of the Galaxy Fold after initial reviews highlighted flaws in display screens.

"Initial findings from the inspection of reported issues on the display showed that   ... Read More

Purdue Pharma tries to ‘cry poverty’ in lawsuit over opioid epidemic, Connecticut attorney general says

Moussa81/iStock(NEW YORK) -- The embattled maker of OxyContin is attempting to "cry poverty" to avoid accountability for the company’s role in the nation’s opioid epidemic, Connecticut Attorney General William Tong said Monday, as the state expanded its lawsuit against   ... Read More

Social Security is running out of money, with benefits on track to be reduced by 2035

BackyardProduction/iStock(WASHINGTON) -- The nation’s Social Security program is running out of money with benefits on track to be reduced by around 2035 unless Congress steps in, according to a report released Monday by the Trump administration.

The prediction is   ... Read More

How to practice food sustainability and cut waste on Earth Day

James Beard Foundation(NEW YORK) -- Attention foodies, home cooks and eaters: Chefs have long practiced incredibly smart ways to fight food waste, and you can implement their top tips, recipes and other ways to practice a sustainable relationship with   ... Read More

Happy Earth Day: How to dress up more sustainably, now and forever

thredUp(NEW YORK) -- We live in a world where "fast fashion" is supreme and retailers are creating clothing at the drop of a dime. But is it time to slow down?

Multiple reports suggest that in addition to oil,   ... Read More

Walt Disney World goes green(er) with solar farm larger than Magic Kingdom

Orgis Energy via Walt Disney World(ORLANDO) -- Disney just got a whole lot greener!

Walt Disney World has unveiled its newest and largest solar farm. At 270 acres, the site is almost twice the size of the entire Magic   ... Read More

Tennessee couple hopes to raise money for an adoption by organizing Easter egg hunts for community

Courtesy Josh and Blakeley Drake(MANCHESTER, Tenn.) -- A couple hoping for a second child are playing Easter Bunny this year to fundraise an adoption.

Josh and Blakeley Drake of Manchester, Tennessee, are offering to plant Easter eggs in the   ... Read More

Main News Page


Boeing says it will take $1 billion hit on grounding of the 737 Max jet

Wolterk/iStock(NEW YORK) -- Boeing announced Wednesday that it was taking an initial $1 billion hit on the grounding of the 737 Max jet following two fatal plane crashes in five months.

The company also abandoned its previous full-year financial   ... Read More

Facebook officials will attend Paris summit to combat spread of terror online following Christchurch attacks

David Tran/iStock(NEW YORK) -- Representatives from Facebook will be among the social media executives attending a May 15 summit being organized by New Zealand Prime Minister Jacinda Ardern to combat the spread of terrorist material online.

The summit, which   ... Read More

Class-action lawsuit filed over popular baby sleeper

iStock(NEW YORK) -- The latest rumble in the fallout over the Rock N' Play baby sleeper comes in the form of a class action lawsuit.

The suit was filed by one named mother, Cassandra Mulvey, on behalf of herself   ... Read More

Criminal charges filed against drug executive for opioids

iStock/sdominick(NEW YORK) -- Federal prosecutors charged drug distributor Rochester Drug Cooperative and its former CEO with drug trafficking charges Tuesday -- the first criminal charges for a pharmaceutical company and executives in the nation's ongoing opioid crisis.The charges   ... Read More

Samsung delays launch of $2,000 folding phone after problems with review units

holgs/iStock(NEW YORK) -- Samsung is delaying the rollout of its $2,000 foldable phones after several tech reviewers reported that their review units became damaged within a day or two of using them.

The Galaxy Fold, which was originally slated   ... Read More

With FAA certification, Google’s drone company set to start deliveries in Virginia

Interim Archives/Getty Images(BLACKSBURG, Va.) -- With the Federal Aviation Administration's historic certification, Wing Aviation’s drone deliveries are set to arrive in Virginia.U.S. Department of Transportation Secretary Elaine Chao announced Tuesday that the FAA awarded air carrier certification to   ... Read More

Kohl’s to expand its Amazon returns program this summer

SweetBabeeJay/iStock(MENOMONEE FALLS, Wisc.) -- Affordable fashion retailer Kohl's has announced that it is expanding its Amazon returns program this summer.

All 1,150 Kohl's locations will accept opened packages starting in July for free, Kohl's said in a statement. Eligible   ... Read More

Oscar Munoz, CEO of United Airlines, on the changing industry and customer expectations

Niall_Majury/iStock(WASHINGTON) -- United Airlines CEO Oscar Munoz thinks airlines are reaching a breaking point with shrinking seat sizes.

"I think we are nearing a point certainly that we can't do that anymore," he told ABC News' Senior Transportation Correspondent   ... Read More

Samsung delays release of Galaxy Fold over display issues

Justin Sullivan/Getty Images(NEW YORK) -- The company announced it would be delaying the rollout of the Galaxy Fold after initial reviews highlighted flaws in display screens.

"Initial findings from the inspection of reported issues on the display showed that   ... Read More

Purdue Pharma tries to ‘cry poverty’ in lawsuit over opioid epidemic, Connecticut attorney general says

Moussa81/iStock(NEW YORK) -- The embattled maker of OxyContin is attempting to "cry poverty" to avoid accountability for the company’s role in the nation’s opioid epidemic, Connecticut Attorney General William Tong said Monday, as the state expanded its lawsuit against   ... Read More

Social Security is running out of money, with benefits on track to be reduced by 2035

BackyardProduction/iStock(WASHINGTON) -- The nation’s Social Security program is running out of money with benefits on track to be reduced by around 2035 unless Congress steps in, according to a report released Monday by the Trump administration.

The prediction is   ... Read More

How to practice food sustainability and cut waste on Earth Day

James Beard Foundation(NEW YORK) -- Attention foodies, home cooks and eaters: Chefs have long practiced incredibly smart ways to fight food waste, and you can implement their top tips, recipes and other ways to practice a sustainable relationship with   ... Read More

Happy Earth Day: How to dress up more sustainably, now and forever

thredUp(NEW YORK) -- We live in a world where "fast fashion" is supreme and retailers are creating clothing at the drop of a dime. But is it time to slow down?

Multiple reports suggest that in addition to oil,   ... Read More

Walt Disney World goes green(er) with solar farm larger than Magic Kingdom

Orgis Energy via Walt Disney World(ORLANDO) -- Disney just got a whole lot greener!

Walt Disney World has unveiled its newest and largest solar farm. At 270 acres, the site is almost twice the size of the entire Magic   ... Read More

Tennessee couple hopes to raise money for an adoption by organizing Easter egg hunts for community

Courtesy Josh and Blakeley Drake(MANCHESTER, Tenn.) -- A couple hoping for a second child are playing Easter Bunny this year to fundraise an adoption.

Josh and Blakeley Drake of Manchester, Tennessee, are offering to plant Easter eggs in the   ... Read More

Main News Page


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