Business

(NEW YORK) — In the first week of October, Kennedy Quintanilla will do something she has not had to do since graduating from college two years ago: make a student loan payment. “Reality is setting in,” Quintanilla, a 2021 graduate of the University of Texas at Austin with over $26,000 in student loan debt, told […]

(DETROIT) — A labor strike against the three largest motor vehicle manufacturers in the United States is expected to be expanded further on Friday amid ongoing contract negotiations. If no deal is reached overnight, United Auto Workers President Shawn Fain will deliver remarks at 10 a.m. ET announcing new targets to strike, which will begin […]

Costco (NEW YORK) — Costco shoppers might want to check their home pantry to ensure any broth they may have purchased from the big box retailer is not impacted by a recent recall. In a Sept. 22 recall letter to Costco members on the wholesaler’s website, TreeHouse Foods announced that its 32-ounce cartons of Culinary […]

(NEW YORK) — The top brass at the Writers Guild of America approved a tentative agreement with the studios on Tuesday, ending a nearly 150-day strike and sending the deal to roughly 11,000 members for ratification. Hollywood writers will begin casting their votes on Monday and, if a majority supports the contract, it will shape […]

David Livingston/Getty Images (NEW YORK) — The Alliance of Motion Picture and Television Producers (AMPTP) and Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) will be heading back into negotiations on Monday, Oct. 2. “SAG-AFTRA and the AMPTP will meet for bargaining on Monday, Oct. 2. Several executives from AMPTP member companies will […]

(NEW YORK) — A New York judge ordered the cancellation of the business certificates for firms in the state owned by former President Donald Trump and others associated with the Trump Organization, casting into doubt the future of the private sector empire on which Trump has built his reputation for business acumen. The directive came […]

(NEW YORK) — After 148 days, leaders of the Writers Guild of America have unanimously voted to lift its strike, allowing writers to return to work Wednesday, Sept. 27. “The WGAW Board and WGAE Council also voted unanimously to lift the restraining order and end the strike as of 12:01 am PT/3:01 am ET on […]

Mint Images/Getty Images (NEW YORK) — The Federal Trade Commission has filed a lawsuit against Amazon, accusing the company of illegally maintaining its monopoly power “to inflate prices, degrade quality, and stifle innovation for consumers and businesses.” This is a developing story. Please check back for updates. Copyright © 2023, ABC Audio. All rights reserved.

Kinga Krzeminska/Getty Images (NEW YORK) — Shoppers who rely on the Supplemental Nutrition Assistance Program, or SNAP, a federal program to provide food benefits to low-income households, will soon have even easier options for online grocery shopping. Uber recently announced updates to its food and delivery platform Uber Eats, which starting in 2024 will allow […]

(NEW YORK) — A group of prominent authors joined a proposed class action lawsuit filed against OpenAI over allegations that products like ChatGPT make illegal use of their copyrighted work, setting off a high-profile legal clash. While the lawsuit follows a series of similar legal challenges, it features a roster of well-known plaintiffs including authors […]