Business News

FILE - In this Nov. 21, 2013, file photo, with the Empire State building in the background, the Macy's logo is illuminated on the front of the department store in New York. Macy's Inc. (M) on Thursday, Nov. 21, 2019, reported fiscal third-quarter net income of $2 million. The Cincinnati-based company said it had net income of 1 cent per share. Earnings, adjusted for one-time gains and costs, came to 7 cents per share. (AP Photo/Mark Lennihan, File)
November 21, 2019 - 10:19 am
NEW YORK (AP) — Macy’s weak third-quarter earnings report threw coal on the holiday season and offered the latest sign of challenges for traditional clothing retailers operating at malls. Macy’s cut its profit and sales expectations for the year after posting a steeper-than-expected 3.5% drop in...
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November 21, 2019 - 8:06 am
(NEW YORK) -- Grab your lightsaber! This sneaker collection from Adidas will have Star Wars fans running -- literally -- to re-watch all of the classic movies. The latest installation of the brand's collaboration with Lucasfilm is inspired by the starships of the Rebel Alliance and the Galactic...
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Alex Stone/ABC News
November 21, 2019 - 6:11 am
(LOS ANGELES) -- Two and a half centuries after Benjamin Franklin famously flew his kite to better understand electricity, the mainstream auto industry is getting on board with the idea of ditching gasoline and going electric. The Los Angeles Auto Show opens to the public this weekend and the...
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ABC News
November 21, 2019 - 6:05 am
(NEW YORK) -- Lee-Ellen Macon had beaten breast cancer once. So when she went to the doctor this spring with what she thought was a slight thyroid issue, and instead received a stage IV cancer recurrence diagnosis, she was terrified. "That's the worst cancer you can have," said Macon, 57. "Hardly...
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November 20, 2019 - 6:09 pm
As Apple broke ground at its newest facility, in Texas, CEO Tim Cook said the company was proud to make its "most powerful computer ever" in the U.S., and opened up about having the president's ear and navigating business in China amid political tripwires and an ongoing trade war. Cook said he's "...
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November 20, 2019 - 12:39 pm
(WASHINGTON) -- A "chilling" investigation from a Massachusetts lawmaker alleges Amazon's Ring smart doorbell has gaping privacy concerns -- including that footage of you and your family could potentially be used, shared and even sold by law enforcement. “Connected doorbells are well on their way...
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Sitthipong Pengjan/iStock
November 20, 2019 - 10:23 am
(NEW YORK) -- Jennifer Lopez is celebrating year 50 like a true boss. On Tuesday, luxury fashion retailer Coach announced the Hustlers star as their newest global face. "Get ready to be swept away," the label wrote in an Instagram post. J.Lo also posted a campaign photo wearing a belted trench coat...
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Angel Di Bilio/iStock
November 19, 2019 - 8:20 pm
(WASHINGTON) -- The National Transportation Safety Board is calling for Boeing to redesign the engine covers on all of their Boeing 737 NG aircrafts following its investigation into a Southwest plane's engine failure that resulted in the death of a passenger. Southwest Flight 1380 was forced to...
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November 19, 2019 - 5:22 pm
(NEW YORK) -- New York Attorney General Letitia James announced a lawsuit against Juul, the e-cigarette company, because of its marketing practices, which she says were geared toward youth. "Juul basically took a page from Big Tobacco's playbook," James said Tuesday during a news briefing in New...
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November 19, 2019 - 10:53 am
(NEW YORK) -- If Snoop Dogg's hit song "Smoke Weed Everyday" perpetually plays in your head and you have a budding interest in reporting on a range of marijuana products, then this medical marijuana company may have the job opportunity of your dreams. American Marijuana, an online medical marijuana...
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