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Friday, July 8
by
ABC News
Elon Musk terminating $44 billion deal to buy Twitter
(NEW YORK) -- Elon Musk is terminating his $44 billion deal to buy Twitter, according to a new Securities and Exchange Commission filing."Mr. Musk has sought the data and information necessary to 'make an independent assessment of the prevalence of fake or spam accounts ...
Friday, July 8
by
ABC News
How the two Theranos trials led to different outcomes for Elizabeth Holmes, Sunny Balwani
(NEW YORK) -- The federal fraud case against the top executives of the failed biotech company Theranos posed an interesting tale of two different trials, according to ABC News' Rebecca Jarvis.Jarvis, the host and creator "The Dropout," ABC News' podcast that chronicled the case ...
Friday, July 8
by
ABC News
US job growth stronger than expected as economy adds 372,000 jobs
(WASHINGTON) -- The U.S. saw stronger than expected job growth in June, as the economy added 372,000 jobs and the unemployment rate remained at 3.6%, according to data released by the Bureau of Labor Statistics on Friday.The data shows moderately lower but robust job ...
Friday, July 8
by
ABC News
Privacy fears emerge over corporate policies covering travel for abortion
(NEW YORK) -- Days after the Supreme Court overturned Roe v. Wade, a slew of major U.S. companies said they will cover travel costs for employees who cannot access an abortion where they live.High-profile brands like Apple, Target, Starbucks, Amazon and Disney, ABC News’ ...
Friday, July 8
by
ABC News
New Grubhub perk for Amazon Prime members
(NEW YORK) -- Amazon members are already primed to enjoy perks of speedy delivery and now, that can include food from hundreds of thousands of restaurants.The food delivery service has teamed up with Amazon to offer Prime members a free, one-year Grubhub+ membership.The new ...
Friday, July 8
by
ABC News
Jobs data arrives as economy faces threats of inflation and recession
(NEW YORK) -- As recession fears grow, officials on Wall Street and in Washington, D.C., will be watching employment data on Friday to see if aggressive borrowing cost increases from the Federal Reserve have slowed a monthslong stretch of robust U.S. hiring -- suggesting ...
Thursday, July 7
by
ABC News
Former Theranos executive Sunny Balwani convicted in federal fraud case
(NEW YORK) -- A jury has convicted former Theranos president Ramesh “Sunny” Balwani of defrauding investors and patients in connection with his multi-billion-dollar blood-testing startup.Balwani, on Thursday, was found guilty on all 12 counts of fraud, for a scheme prosecutors alleged and have now ...
Thursday, July 7
by
ABC News
After parade shooting, GoFundMe says it seeks to verify donations amid scam risks
(NEW YORK) -- After a gunman killed seven people and wounded dozens more at an Independence Day parade outside Chicago on Monday, thousands turned to the online platform GoFundMe to donate money to the victims -- the latest example of the public gathering online ...
Thursday, July 7
by
ABC News
What the stock market could look like for the rest of 2022, according to experts
(NEW YORK) -- Stock market woes will persist into the second half of the year but signs of hope will emerge for beleaguered investors, experts told ABC News of their predictions.The stock market took a historic plunge over the first half of the year, ...
Tuesday, July 5
by
ABC News
How to protect your home and keep energy costs down during heat waves
(NEW YORK) -- Summer has just started but millions around the country have already experienced record-breaking heat waves, forcing people to blast air conditioning and think of ways to protect their homes during an onslaught of high temperatures, all while trying to keep energy ...
Friday, July 1
by
ABC News
Will Apple see a wave of unionization like Starbucks?
(NEW YORK) -- A recent surge of U.S. labor organizing has spotlighted, above all, union campaigns at two high-profile corporations: Amazon and Starbucks.But a watershed union victory last month at an Apple store in Towson, Maryland, may set off a nationwide labor campaign that combines ...
Friday, July 1
by
ABC News
Workplace inaccessibility is keeping disabled people from jobs
(NEW YORK) -- Melissa Gates, who is physically disabled and uses a cane or scooter to move around, was actively searching and applying for a federal job. It took her 20 years before she finally received a position as a secretary for NASA.She said she ...
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