Business News

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June 30, 2020 - 10:42 am
By CATHERINE THORBECKE, ABC News (VANCOUVER, British Columbia) -- Lululemon Athletica said it will acquire at-home fitness startup Mirror as it looks to expand its market reach beyond yoga pants and athleisure wear. The Vancouver-based company is entering into a definitive agreement to acquire...
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June 30, 2020 - 10:38 am
By SARA KOLINOVSKY and CHEYENNE HASLETT, ABC News (WASHINGTON) -- At the end of the day Tuesday, small business owners will be locked out of approximately $134 billion in Paycheck Protection Program funds and despite the midnight deadline to apply for a forgivable loan through the program, it doesn...
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June 30, 2020 - 9:10 am
By GEORGE CONSTANTINO, ABC News (NEW YORK) -- Just over a week after AMC announced its intentions to reopen 450 of its 600-plus U.S. theaters on July 15, the chain has pushed that date back two weeks to July 30. "We continue to devote extraordinary resources into our plan to operate our theatres...
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June 30, 2020 - 6:25 am
By GENEVIEVE SHAW BROWN, ABC News (NEW YORK) -- With Walt Disney World starting its phased reopening of Magic Kingdom and Disney’s Animal Kingdom on July 11 and Epcot and Disney’s Hollywood Studios on July 15, fans are wondering how to make a Walt Disney World reservation. Before you visit a park,...
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June 30, 2020 - 6:21 am
By STEPHEN IERVOLINO, ABC News (NEW YORK) -- It's no surprise, but now it's official: the Great White Way won't be back for the rest of the year. Thirty-one Broadway productions had been closed on March 12, when restrictions related to the COVID-19 pandemic began going into effect. "The safety of...
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KNSS News
June 29, 2020 - 6:08 pm
Merck Animal Health said it plans to invest $100 million to expand and enhance its manufacturing facility in DeSoto, Kansas.
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KNSS News
June 29, 2020 - 5:58 pm
Federal regulators have cited aircraft maker Textron Aviation for a December 2019 explosion that injured 15 workers at a Wichita manufacturing plant.
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File photo. Boeing
June 29, 2020 - 4:04 pm
By Mina Kaji and Gio Benitez, ABC News Fifteen months after the grounding of the Boeing 737 Max, one of the aircraft departed from Boeing Field in Seattle on Monday morning for the first round of testing with the Federal Aviation Administration (FAA). The certification flights, which are expected...
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June 29, 2020 - 3:59 pm
By Catherine Thorbecke, ABC News FICO announced Monday it was launching the pilot version of its new Resilience Index, a tool designed to complement the standard FICO credit score and give lenders an idea of consumers' resilience during an unexpected economic disruption. "Lenders and investors need...
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Derick Hudson / iStock
June 29, 2020 - 3:00 pm
By Catherine Thorbecke, ABC News Starbucks, Coca-Cola and Levi's have become the latest big brands to publicly join a growing Facebook ad boycott at the urging of the NAACP and other civil rights organizations. The call for a pause on Facebook ads began on June 17, when a coalition of advocacy...
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