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Business News

Lord & Taylor files for Chapter 11 bankruptcy

raw206/iStockBy ABC News(NEW YORK) -- Lord & Taylor has become the latest retailer to file for bankruptcy as the coronavirus pandemic has wreaked havoc on retail chains and sales around the country.

The company filed for bankruptcy protection   ... Read More

Student activism leads to divestments from fossil fuels

DenisTangneyJr/iStockBY: LEIGHTON SCHNEIDER, ABC NEWS (NEW YORK) -- It's not often Harvard and Yale students come to an agreement, but during the annual football game last November students and alumni came together to urge their respective universities to divest   ... Read More

30 million Americans set to lose $600 weekly benefit

courtneyk/iStockBy TRISH TURNER, ABC News

(WASHINGTON) -- Unemployment benefits expire as Congress is deadlocked on new potential stimulus plan.

As federal pandemic unemployment benefits officially expire on Friday, Congress and the Trump administration are no closer to a deal   ... Read More

Starbucks accelerates new pick-up hybrid stores, plans more changes for fall

JohnFScott/iStockBy KELLY MCCARTHY, ABC News

(NEW YORK) -- Starbucks has been dynamic in its changes amid the ongoing coronavirus pandemic and is set to roll out a new blend of hybrid storefronts.

As more locations cater to curbside takeaway,   ... Read More

Three tips for finding a job and advancing your career amid the coronavirus pandemic

tortoon/iStockBy GMA TEAM, ABC News

(NEW YORK) -- The coronavirus pandemic is an uncertain time for everyone, whether you have a job or are looking for one.

The unemployment rate in the United States has reached new heights, workers   ... Read More

US GDP contracted by a record 32.9% pace last quarter

Stadtratte/iStockBy CATHERINE THORBECKE, ABC News

(WASHINGTON) -- The U.S. economy, as measured by real GDP, contracted at a record-shattering 32.9% pace last quarter, according to government data released Thursday.

The figure reflects how the coronavirus pandemic has clobbered the   ... Read More

Lawsuit filed against Fresh Express after FDA says tainted lettuce infected 641 people

Justin Sullivan/Getty ImagesBy KELLY MCCARTHY, ABC News

(NEW YORK) -- A lawsuit has been filed against a bagged salad brand after the Food and Drug Administration and Centers for Disease Control and Prevention linked its product to hundreds of   ... Read More

Disney Parks x Baublebar launches collection inspired by Mickey & Friends

Disney Parks x BaubleBarBy ZOE MOORE, ABC News

(NEW YORK) -- Disney Parks and BaubleBar just launched the "Mickey and Friends" collection in celebration of International Friendship Day, July 30, and Disney’s “Mickey & Friends: Stay True” campaign.

The   ... Read More

Sisters given sweet surprise from local entrepreneurs to help jumpstart baking business

LauriPatterson/iStockBy ERIC NOLL and KELLY MCCARTHY, ABC News

(DENVER) -- As many people have found comfort with cooking amid the coronavirus pandemic, one pair of sisters have turned their passion for sweets into a fully baked business plan.

The   ... Read More

JetBlue to test UV cleaning inside its planes

LeoPatrizi/iStockBy AMANDA MAILE and GIO BENITEZ, ABC News

(NEW YORK) -- JetBlue Airways is set to test ultraviolet cleaning technology in its planes as carriers look for new ways to keep aircraft clean during the novel coronavirus pandemic.

The   ... Read More

Live Updates: CEOs of Amazon, Apple, Facebook and Google face congressional antitrust grilling

rarrarorro/iStockBy CATHERINE THORBECKE, ABC News

(WASHINGTON) -- The chiefs of four of the biggest tech companies in the world -- Amazon, Apple, Facebook and Google -- will face lawmakers Wednesday for a hearing on digital competition that could have   ... Read More

Whole Foods, Target, Starbucks and others enforce new mask requirements

Rattankun Thongbun/iStockBy KELLY MCCARTHY, ABC News

(NEW YORK) -- Many corporations in the food and retail industry have stepped up to implement mandatory mask requirements to keep both staff and customers safe amid the ongoing coronavirus pandemic.

Even as   ... Read More

Here’s how your used mascara wands can help save wildlife

Wands for WildlifeBy JACQUELINE LAUREAN YATES, ABC News

(NEW YORK) -- Before getting rid of your old mascara wands, consider donating them to a wand-erful cause.

You can donate used mascara wands to be repurposed by wildlife rehabilitators to   ... Read More

Barbie launches 2020 Campaign Team dolls to inspire future leaders

MattelBy JACQUELINE LAUREAN YATES, ABC News

(NEW YORK) -- As many people are anticipating the 2020 election, Barbie is ready to make her mark at the polls, too.

On July 28, Mattel, Inc. debuted the Barbie 2020 Campaign Team   ... Read More

Crocs releases KFC clogs that smell like fried chicken

CrocsBy JACQUELINE LAUREAN YATES, ABC News

(NEW YORK) -- For all the fried chicken lovers, Crocs and KFC released a new shoe you might put on your bucket list of things to try.

On Tuesday, the limited edition KFC   ... Read More

Main News Page


Lord & Taylor files for Chapter 11 bankruptcy

raw206/iStockBy ABC News(NEW YORK) -- Lord & Taylor has become the latest retailer to file for bankruptcy as the coronavirus pandemic has wreaked havoc on retail chains and sales around the country.

The company filed for bankruptcy protection   ... Read More

Student activism leads to divestments from fossil fuels

DenisTangneyJr/iStockBY: LEIGHTON SCHNEIDER, ABC NEWS (NEW YORK) -- It's not often Harvard and Yale students come to an agreement, but during the annual football game last November students and alumni came together to urge their respective universities to divest   ... Read More

30 million Americans set to lose $600 weekly benefit

courtneyk/iStockBy TRISH TURNER, ABC News

(WASHINGTON) -- Unemployment benefits expire as Congress is deadlocked on new potential stimulus plan.

As federal pandemic unemployment benefits officially expire on Friday, Congress and the Trump administration are no closer to a deal   ... Read More

Starbucks accelerates new pick-up hybrid stores, plans more changes for fall

JohnFScott/iStockBy KELLY MCCARTHY, ABC News

(NEW YORK) -- Starbucks has been dynamic in its changes amid the ongoing coronavirus pandemic and is set to roll out a new blend of hybrid storefronts.

As more locations cater to curbside takeaway,   ... Read More

Three tips for finding a job and advancing your career amid the coronavirus pandemic

tortoon/iStockBy GMA TEAM, ABC News

(NEW YORK) -- The coronavirus pandemic is an uncertain time for everyone, whether you have a job or are looking for one.

The unemployment rate in the United States has reached new heights, workers   ... Read More

US GDP contracted by a record 32.9% pace last quarter

Stadtratte/iStockBy CATHERINE THORBECKE, ABC News

(WASHINGTON) -- The U.S. economy, as measured by real GDP, contracted at a record-shattering 32.9% pace last quarter, according to government data released Thursday.

The figure reflects how the coronavirus pandemic has clobbered the   ... Read More

Lawsuit filed against Fresh Express after FDA says tainted lettuce infected 641 people

Justin Sullivan/Getty ImagesBy KELLY MCCARTHY, ABC News

(NEW YORK) -- A lawsuit has been filed against a bagged salad brand after the Food and Drug Administration and Centers for Disease Control and Prevention linked its product to hundreds of   ... Read More

Disney Parks x Baublebar launches collection inspired by Mickey & Friends

Disney Parks x BaubleBarBy ZOE MOORE, ABC News

(NEW YORK) -- Disney Parks and BaubleBar just launched the "Mickey and Friends" collection in celebration of International Friendship Day, July 30, and Disney’s “Mickey & Friends: Stay True” campaign.

The   ... Read More

Sisters given sweet surprise from local entrepreneurs to help jumpstart baking business

LauriPatterson/iStockBy ERIC NOLL and KELLY MCCARTHY, ABC News

(DENVER) -- As many people have found comfort with cooking amid the coronavirus pandemic, one pair of sisters have turned their passion for sweets into a fully baked business plan.

The   ... Read More

JetBlue to test UV cleaning inside its planes

LeoPatrizi/iStockBy AMANDA MAILE and GIO BENITEZ, ABC News

(NEW YORK) -- JetBlue Airways is set to test ultraviolet cleaning technology in its planes as carriers look for new ways to keep aircraft clean during the novel coronavirus pandemic.

The   ... Read More

Live Updates: CEOs of Amazon, Apple, Facebook and Google face congressional antitrust grilling

rarrarorro/iStockBy CATHERINE THORBECKE, ABC News

(WASHINGTON) -- The chiefs of four of the biggest tech companies in the world -- Amazon, Apple, Facebook and Google -- will face lawmakers Wednesday for a hearing on digital competition that could have   ... Read More

Whole Foods, Target, Starbucks and others enforce new mask requirements

Rattankun Thongbun/iStockBy KELLY MCCARTHY, ABC News

(NEW YORK) -- Many corporations in the food and retail industry have stepped up to implement mandatory mask requirements to keep both staff and customers safe amid the ongoing coronavirus pandemic.

Even as   ... Read More

Here’s how your used mascara wands can help save wildlife

Wands for WildlifeBy JACQUELINE LAUREAN YATES, ABC News

(NEW YORK) -- Before getting rid of your old mascara wands, consider donating them to a wand-erful cause.

You can donate used mascara wands to be repurposed by wildlife rehabilitators to   ... Read More

Barbie launches 2020 Campaign Team dolls to inspire future leaders

MattelBy JACQUELINE LAUREAN YATES, ABC News

(NEW YORK) -- As many people are anticipating the 2020 election, Barbie is ready to make her mark at the polls, too.

On July 28, Mattel, Inc. debuted the Barbie 2020 Campaign Team   ... Read More

Crocs releases KFC clogs that smell like fried chicken

CrocsBy JACQUELINE LAUREAN YATES, ABC News

(NEW YORK) -- For all the fried chicken lovers, Crocs and KFC released a new shoe you might put on your bucket list of things to try.

On Tuesday, the limited edition KFC   ... Read More

Main News Page


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