Business News

October 07, 2020 - 9:09 am
By KATIE KINDELAN, ABC News (NEW YORK) -- Every morning since March, throughout the global coronavirus pandemic, Monique Nash, a preschool teacher in Mississippi, has woken up around 4:30 a.m. With her husband already on his way to work, Nash, 29, gets herself and two daughters ready to leave the...
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October 07, 2020 - 6:58 am
By MINA KAJI and AMANDA MAILE, ABC News (WASHINGTON) -- In a late night tweet Tuesday, President Donald Trump urged Congress to approve an extension of the Payroll Support Program (PSP) for major U.S. airlines that have furloughed tens of thousands of workers amid the coronavirus pandemic. Just...
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October 07, 2020 - 5:41 am
By CATHERINE THORBECKE, ABC News (NEW YORK) -- Facebook announced Tuesday it was removing any accounts "representing" QAnon across all of its platforms in a major, more-proactive step to stop the spread of the baseless conspiracy theory online. "Starting today, we will remove any Facebook Pages,...
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October 06, 2020 - 6:46 pm
By AMANDA MAILE and MINA KAJI, ABC News President Donald Trump's decision to end negotiations on a second round of coronavirus relief is a crushing blow to an aviation industry that has been pleading for more aid to save tens of thousands of jobs. Over 30,000 airline workers were furloughed last...
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October 06, 2020 - 3:20 pm
BY: MIKE DOBUSKI, ABC News (NEW YORK) -- Today marks ten years since the founding of Instagram, the hugely popular social media app that boasts more than a billion users. Sarah Frier is the author of "No Filter: The Inside Story of Instagram." She says Instagram's growth over the last decade,...
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October 06, 2020 - 11:49 am
By CATHERINE THORBECKE, ABC News (NEW YORK) -- A chorus of voices on social media are accusing Twitter of having a double standard after the platform reiterated it would remove abusive posts including those wishing death upon President Donald Trump following his COVID-19 diagnosis. While Twitter...
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October 06, 2020 - 10:10 am
By JACQUELINE LAUREAN YATES, ABC News (NEW YORK) -- Target is already gearing up for a huge sale season this month ahead of what is predicted to be a busy holiday season. The mass retailer announced its annual Target Deal Days shopping event will return on Oct. 13 to14 -- the same days as Amazon...
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October 06, 2020 - 9:27 am
By JACQELINE LAUREAN YATES, ABC News (NEW YORK) -- Banana Republic made a tribute to Ruth Bader Ginsburg by re-releasing her iconic "dissent collar" necklace two weeks after her death at age 87 due to complications from metastic pancreatic cancer. The fashion retailer announced Friday that the...
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October 06, 2020 - 5:50 am
By JACQUELINE LAUREAN YATES, ABC News (NEW YORK) -- Sale season is off to an early start, and big-box retailers such as Walmart have continued to announce huge deals on products and services. The retailer is rolling out its Big Save event ahead of the holiday season on Sunday, Oct. 11 at 7 p.m. EST...
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October 05, 2020 - 12:46 pm
By AARON KATERSKY, ABC News (NEW YORK) -- Eric Trump, the president's son, is being deposed Monday about the Trump Organization, for which he serves as an executive. Investigators with the New York attorney general's office are deposing Trump as part of an investigation into whether President...
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