Business News

June 29, 2020 - 11:54 am
By DEVIN DWYER, ABC News (WASHINGTON) -- The Supreme Court on Monday dealt a blow to the Consumer Financial Protection Bureau as conceived by President Barack Obama and Sen. Elizabeth Warren, making it easier for the agency’s leader to be removed for any reason. In a 5-4 opinion authored by Chief...
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June 29, 2020 - 9:20 am
By HALEY YAMADA, ABC News (NEW YORK) -- Mattel added four new stylish dolls to Barbie's streetwear-inspired collection, BMR1959, including one with an inclusive hairstyle. On June 24, the four new dolls caught the attention of fans online with many applauding Barbie's new hairstyle that honors...
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June 29, 2020 - 8:51 am
By KAROLINA RIVAS and ANGELINE JANE BERNABE, ABC News (LOS ANGELES) -- As state leaders and officials across the country continue to urge people to wear masks, a video taken over the weekend, of a woman going on a tirade after refusing to wear a mask in a grocery store, has gone viral. The incident...
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June 28, 2020 - 3:22 pm
By: JOSHUA HOYOS and VICTORIA MOLL-RAMIREZ, ABC News (NEW YORK) -- It was the longing for a safe space that drove Alexi Minko to go from being a lawyer to running a bar. "I had the determination to open a space that was for my community: Black, brown, people of color and LGBT," Minko, the owner of...
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June 28, 2020 - 1:06 pm
By: CATHERINE THORBECKE and ARIELLE MITROPOULOS, ABC News (NEW YORK) -- The novel coronavirus pandemic has only exacerbated income inequality, experts say, stretching the racial wealth gap in the United States and making the richest wealthier while leaving many of the poorest without jobs. As the...
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June 27, 2020 - 11:13 am
BY: SAMARA LYNN, ABC NEWS (NEW YORK) -- If you live in a large, urban area, his company's technology is likely implemented in your city. Ralph Clarke is the CEO of ShotSpotter, one of the most adopted police technologies in the country. Clarke, who is African American and hails from Oakland,...
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June 27, 2020 - 10:22 am
BY: ROSA SANCHEZ, ABC NEWS (NEW YORK) -- After a difficult few months, New York City's real estate market is bouncing back. This week, after the city entered phase 2 of its reopening, contract activity increased 41%, reaching the highest numbers since the end of March, when the country shut down...
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David Silverman/Getty Image
June 27, 2020 - 10:09 am
BY: KELLY MCCARTHY, ABC NEWS (PARIS) -- Italian wine, French cheese, Belgian chocolates and olives from Spain are just a sampling of imported products that could soon get slammed with costly new tariffs by the U.S. Earlier this week, the Office of the U.S. Trade Representative proposed new tariffs...
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Photo: Virgin Hyperloop / Facebook
June 26, 2020 - 5:03 pm
The companies will work together on the hyperloop prototype as Virgin Hyperloop moves toward a commercial design and creates a new global supply chain.
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June 26, 2020 - 11:23 am
By JACQUELINE LAUREAN YATES, ABC News (NEW YORK) -- Kanye West just added another venture to his resume, and it's one that many fashion fans are watching closely. The award-winning rapper and entrepreneur announced on Friday that his apparel line, Yeezy, and Gap are partnering for a new line,...
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