Business News

September 10, 2020 - 7:48 am
By CATHERINE THORBECKE, ABC News (WASHINGTON) -- The number of new weekly unemployment filings showed no relief for a labor market walloped by the COVID-19 crisis, as 884,000 people filed new jobless claims last week, the Department of Labor said Thursday. While the latest tally is the same as the...
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September 10, 2020 - 6:23 am
By JOEL LYONS, ABC News (NEW YORK) -- Cari Swanger is a clinical pharmacist in Seattle. She and her husband, Tom, recently celebrated paying off her $180,000 in student loans in three years utilizing tools she accessed through online finance company SoFi. Below, Swanger, in her own words, explains...
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September 09, 2020 - 5:29 pm
BY: CATHERINE THORBECKE, ABC News (WASHINGTON) -- A handful of U.S. companies have pledged to add a Black director to their boards within the next year through an initiative launched Wednesday dubbed the "Board Challenge." Zillow, RealSelf, Nextdoor and others are among the 17 companies that have...
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September 09, 2020 - 4:08 pm
Fast food joints in foreign countries always seem to have the craziest food items for sale. The latest on the Burger King lineup in Taiwan is the chocolate covered Whopper, which has sent consumers into a frenzy. Read more now.
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September 09, 2020 - 2:53 pm
By: CATHERINE THORBECKE, ABC News (NEW YORK) -- Elon Musk's net worth took a steep nosedive on Tuesday, plummeting by more than $16 billion in one day after Tesla stock tumbled. The Tesla chief executive, who owns about 20% of the electric carmaker's shares, saw his personal wealth plunge $16.3...
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FILE - In this Feb. 14, 2019 file photo, people stand in the lobby for Amazon offices in New York. While other companies are shrinking, Amazon is growing. The company said Wednesday, Sept. 9, 2020, that it is seeking to hire 33,000 people for corporate and tech roles in the next few months (AP Photo/Mark Lennihan, File)
September 09, 2020 - 8:13 am
NEW YORK (AP) — Amazon is on a hiring spree. In the latest sign of how it's prospering while others are faltering during the pandemic, Amazon said Wednesday it is seeking to bring aboard 33,000 people for corporate and tech roles in the next few months. It's the largest number of job openings it's...
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September 09, 2020 - 7:52 am
By REBECCA JARVIS, TAYLOR DUNN and KELLY MCCARTHY, ABC News (NEW YORK) -- Online retail giant Amazon has created a free, first-of-its-kind virtual career fair that could help attendees land a six-figure job and one-on-one career coaching. Amazon announced the plans for the first virtual "career day...
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September 09, 2020 - 6:01 am
By SASHA PEZENIK, ABC News (NEW YORK) -- Americans already enduring the most frayed financial safety nets now find themselves on the fault lines exacerbated by the novel coronavirus. New polling reveals the strain born by families caught in the crosshairs of several issues converging on the country...
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September 09, 2020 - 5:19 am
By KELLY MCCARTHY, ABC News (NEW YORK) -- Looks like Willy Wonka has some stiff competition. David Klein, the man who came up with the name for Jelly Belly jelly beans, has a new riff on the classic golden ticket idea made famous by the book-turned-1971 musical fantasy movie Willy Wonka and the...
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September 09, 2020 - 5:17 am
By KELLY MCCARTHY, ABC News (NEW YORK) -- McDonald's has a new celebrity-backed meal on the menu, thanks to a collaboration with rapper Travis Scott. The $6 meal, which launched Tuesday, includes a quarter pounder with cheese with Travis' go-to toppings -- bacon and lettuce -- a medium order of...
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