Business News

Tim Cook/Twitter
March 11, 2019 - 2:17 pm
(WASHINGTON) -- Five days after President Donald Trump appeared to slip up and call Apple CEO Tim Cook “Tim Apple” at a White House meeting of the American Workforce Policy Advisory Board, the president claimed on Monday that it wasn't a mistake at all. He claimed on Twitter that he said "Tim/Apple...
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FILE- In this July 6, 2018, file photo prospective customers confer with sales associates as a Model 3 sits on display in a Tesla showroom in the Cherry Creek Mall in Denver. Tesla is walking back its plan to close most retail stores worldwide in a move the company says will force it to raise prices on most of its electric vehicles. The company still will move to online-only sales, but now says it won't close as many stores as originally thought. Tesla announced last month that it would shutter most of its stores to cut costs so it could sell its lower-priced Model 3 for $35,000. (AP Photo/David Zalubowski, File)
March 11, 2019 - 10:27 am
DETROIT (AP) — Tesla is walking back plans to close most of its showrooms worldwide and announced price hikes for most of its electric vehicles. Tesla announced last month that it would shutter most of its stores to cut costs so it could sell its lower-priced Model 3 for $35,000. The company...
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Steve McIntosh
March 11, 2019 - 9:43 am
Preliminary estimates reported by the Kansas Department of Labor and Bureau of Labor Statistics show a seasonally adjusted unemployment rate of 3.4 percent in January. This was up from 3.3 percent in December and down from 3.5 percent in January 2018. The number of Kansans participating in the...
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Courtesy R. Wanes
March 11, 2019 - 5:31 am
(POMPANO BEACH, Fla.) -- A Florida boy found himself trapped in a cooler while playing hide and go seek, prompting multiple safety recalls. The Wanes family, of Pompano Beach, Florida, broke into a panic earlier this month when they found their 5-year-old son locked inside a large cooler on the...
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ABC News
March 09, 2019 - 11:42 am
(NEW YORK) -- Facebook CEO Mark Zuckerberg issued a manifesto this week in an apparent attempt to rebrand the social-networking company as a "privacy-focused" platform as it moves forward to marry messaging functions across all of its platforms and even into text messages. But some experts are...
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FILE - In this April 11, 2018, file photo Facebook CEO Mark Zuckerberg arrives to testify before a House Energy and Commerce hearing on Capitol Hill in Washington. Zuckerberg’s new “privacy-focused vision” for Facebook looks like a transformative mission statement for the much-criticized social network. But critics say the announcement obscures Facebook’s deeper motivations: To expand lucrative new commercial services, continue monopolizing the attention of users and to develop new data sources for tracking people. (AP Photo/Andrew Harnik, File)
March 09, 2019 - 7:43 am
At first glance, Mark Zuckerberg's new "privacy-focused vision " for Facebook looks like a transformative mission statement from a CEO under pressure to reverse years of battering over its surveillance practices and privacy failures. But critics say the announcement obscures Facebook's deeper...
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Portra/iStock
March 08, 2019 - 7:31 pm
(NEW YORK) -- There are now more women in the medical fields, politics, and in the nation's boardrooms, according to new statistics released by the U.S. Census Bureau. The findings come during National Women’s History Month, which has origins in the mid-1800s when women from various New York City...
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Joel Kowsky/NASA via Getty Images
March 08, 2019 - 3:54 pm
(NEW YORK) -- Elon Musk and his aerospace company SpaceX made history on Friday morning when its Dragon spacecraft splashed into the Atlantic Ocean after a successful five-day trip to the International Space Station. There were no people on board the capsule, but its re-entry into the earth's...
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Pureradiancephoto/iStock
March 08, 2019 - 3:23 pm
(NEW YORK) -- Hildene Capital Management has kicked out the family that controls Purdue Pharma, a source familiar with decision confirmed to ABC News. The Stamford, Connecticut-based hedge fund, forced the Sackler family — the owners of Purdue Pharma — to redeem their investments late last year,...
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tomeng/iStock
March 08, 2019 - 11:46 am
(WASHINGTON) -- Democratic candidate Sen. Elizabeth Warren on Friday followed up on her campaign theme that, if she were president, everyone would have to play by the rules, this time targeting giant tech companies like Amazon, Google and Facebook for having “too much power.” Through the policy,...
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