Business News

Official White House Photo by Andrea Hanks
July 02, 2020 - 9:15 am
By BEN GITTLESON, ABC News (WASHINGTON) -- President Donald Trump came to the White House briefing room Thursday morning to tout new employment numbers showing that 4.8 million jobs were added in June, calling it "spectacular news." "Today's announcement proves that our economy is roaring back"...
Read More
July 02, 2020 - 9:00 am
By JACQUELINE LAUREAN YATES, ABC News (NEW YORK) -- Fun fact: Space has a specific smell and now there's a perfume that will allow your senses to get a whiff of it. Eau de Space is the new fragrance that has garnered a lot of attention after being posted on Kickstarter as a crowdfunding campaign...
Read More
July 02, 2020 - 7:50 am
By CATHERINE THORBECKE, ABC News (WASHINGTON) -- The unemployment rate in the U.S. fell slightly to 11.1% in June, according to data released Thursday by the Department of Labor. Meanwhile, another 1.4 million workers filed for unemployment insurance in the last week. Both reports highlight the...
Read More
July 02, 2020 - 6:47 am
By GIO BENITEZ and MINA KAJI, ABC News (NEW YORK) -- As more Americans hit the road for what experts are calling the "summer of the road trip," hotel chains and Airbnb hosts are stepping up their cleaning game and using new technologies in an effort to convince guests they are safe amid the COVID-...
Read More
July 02, 2020 - 6:39 am
By KELLY MCCARTHY, ABC News (NEW YORK) -- The light at the end of the tunnel got a little dimmer for restaurants in New York City and New Jersey. Restauranteurs were finally prepared to welcome diners back inside after months of being closed and reorganizing venues to work at limited capacity...
Read More
Pixsooz / iStock
July 01, 2020 - 3:47 pm
By Katie Kindelan via GMA (HOUSTON) -- At least two realtor groups are now no longer using the word "master" to describe bedrooms and bathrooms in their listings. The Houston Association of Realtors replaced the phrases "master bedroom" and "master bathroom" with "primary bedroom" and "primary...
Read More
July 01, 2020 - 12:07 pm
By CATHERINE THORBECKE, ABC News (NEW YORK) -- A major advisory firm is urging Tesla shareholders to vote to remove CEO Elon Musk from the company's board, citing "a number of concerns" ranging from his erratic Twitter use, his rush to reopen amid COVID-19 and his "excessive" compensation package...
Read More
ABC News
July 01, 2020 - 10:51 am
By KATIE KINDELAN, ABC News (PHILADELPHIA) -- The first woman and first person of color to lead the prestigious Wharton School at the University of Pennsylvania says she wants young people to see her history-making role as an example to "always bet on yourself." "We have to change our own self-talk...
Read More
July 01, 2020 - 7:04 am
By KELLY MCCARTHY, ABC News (NEW YORK) -- With the restaurant industry rapidly evolving amid the coronavirus pandemic, The Infatuation announced Tuesday that their numbered ratings scale on all reviews are officially a thing of the past. The once-helpful metric has quickly become an outdated...
Read More
July 01, 2020 - 6:57 am
By JACQUELINE LAUREAN YATES, ABC News (NEW YORK) -- If you are excited to channel looks from the upcoming film Wonder Woman 1984 , Ulta Beauty has a treat for you. There's now a new beauty collection based on actress Gal Gadot's popular character. The latest launch is centered around empowerment,...
Read More