Why Is Kobe Beef Illegal in America
Workers' advocates turned away at Dollar General meeting
A civil rights advocate says he and two Dollar General store workers were denied access to the company's shareholder meeting in Tennessee where they had been outside protesting for better pay and workplace safety improvements
4 hours ago
Twitter to pay $150M penalty over privacy of users' data
Twitter will pay a $150 million penalty and put in new safeguards to settle federal regulators' allegations that the social platform failed to protect the privacy of users' data over a six-year span
4 hours ago
Administration opposes airlines in lawsuit over crew breaks
The Biden administration is siding against the airline industry in a case that involves whether California-based flight crews should get the rest breaks that are required under state law
May 25
Asian stocks mixed after Fed confirms rate hike plans
Asian stock markets are mixed after notes from the Federal Reserve's latest meeting confirmed expectations of more interest rate hikes but contained no surprises to rattle investors
20 minutes ago
Russia takes steps to bolster army, tighten grip on Ukraine
Russian President Vladimir Putin is trying to strengthen his control of southern Ukraine by giving residents of two regions a fast path to Russian citizenship
May 25
How major US stock indexes fared Wednesday
Stocks rose broadly on Wall Street Wednesday after minutes from the Federal Reserve's most recent meeting indicate the central bank intends to move "expeditiously" to raise interest rates back to more neutral levels in its fight to tame inflation
May 25
Nordstrom, Caleres rise; Mr. Cooper, Raymond James fall
Stocks that traded heavily or had substantial price changes Wednesday: Nordstrom, Caleres rise; Mr. Cooper, Raymond James fall
May 25
Closing prices for crude oil, gold and other commodities
Closing prices for crude oil, gold and other commodities, and foreign exchange levels
May 25
Fed officials signal rates may head to 'restrictive' levels
Federal Reserve officials agreed when they met earlier this month that they might have to raise interest rates to levels that would weaken the economy as part of their drive to curb inflation, which has reached a four-decade high
May 25
Scars of war seem to be everywhere in Ukraine after 3 months
No matter where Ukrainians live, the 3-month-old war never seems to be far away
May 25
Twitter shareholders meet amid Elon Musk's takeover drama
Twitter's regularly scheduled shareholder meeting Wednesday didn't include a vote on Tesla billionaire Elon Musk's $44 billion bid for the social platform
May 25
Unionized Starbucks stores face hard work of bargaining
It's become a common sight: jubilant Starbucks workers celebrating after successful votes to unionize at dozens of U.S. stores
May 25
Davos updates | VW: Supply chain woes ease; orders backed up
Executives with German automaker Volkswagen say at the World Economic Forum meeting in Davos that supply chain problems exacerbated by the Russia-Ukraine war are easing but they're dealing with a huge backlog of orders
May 25
EPA proposes restrictions in fight over Alaska mine
The U.S. Environmental Protection Agency is proposing restrictions that would block plans for a copper and gold mine in Alaska's Bristol Bay region
May 25
Amazon shareholders nix warehouse working conditions audit
Amazon shareholders have voted against a proposal calling for an independent audit of working conditions at the company's warehouses
May 25
Davos gathering overshadowed by global economic worries
The risks to the global economy are leading to an increasingly gloomy view of the months ahead for corporate leaders, government officials and other VIPs gathered at the World Economic Forum meeting in Davos, Switzerland
May 25
Kansas City Fed President Esther George announces retirement
Esther George, the president of the Federal Reserve Bank of Kansas City, will retire in January, as required by the Fed's mandatory retirement rules
May 25
Ford Foundation's Darren Walker gets France's highest honor
The president of the Ford Foundation, Darren Walker, has received France's highest cultural honor in recognition of his support of the arts and artists
May 25
Tentative $161.5M settlement reached in WVa opioid trial
Attorneys for the state of West Virginia and two remaining pharmaceutical manufacturers have reached a tentative $161.5 million settlement
May 25
Pfizer to offer low-cost medicines, vaccines to poor nations
Pfizer says it will provide nearly two dozen products at not-for-profit prices in some of the world's poorest countries
May 25
EU seeks more clout against sanctioned Russian oligarchs
The European Commission is proposing to confiscate the frozen assets of oligarchs who try to violate the bloc's sanctions adopted in response to the Russian war in Ukraine
May 25
FDA chief to detail delays inspecting baby formula plant
The head of the Food and Drug Administration is preparing to tell lawmakers about events that led to a months-long gap before inspecting the plant at the center of a nationwide baby formula shortage
May 25
Glencore pays up to $1.5B to resolve corruption claims
Commodities firm Glencore says it has reached deals with authorities in the United States, Britain and Brazil to resolve corruption allegations in return for penalties totaling up to $1.5 billion
May 25
Saving the children: War closes in on eastern Ukrainian town
Chunks of twisted metal and wood splinters lie among the swings and slides in the playground outside the bombed-out school
May 25
Sweden, Finland delegations in Turkey for NATO talks
Delegations from Sweden and Finland are scheduled to hold talks with senior Turkish officials in an effort to overcome Turkey's objections to their historic bids to join the NATO alliance
May 25
US to end Russia's ability to pay international investors
The U.S. will close the last avenue for Russia to pay back its billions in debt to international investors on Wednesday, making a Russian default on its debts for the first time since the Bolshevik Revolution all but inevitable
May 25
Asian stock markets mixed after Wall St sinks further
Asian stock markets are mixed after Wall Street sank on weak U.S. housing sales and a profit warning by a prominent social media brand
May 24
Japan's weaker yen a blessing to some, burden for others
The Japanese yen has weakened, trading recently at 20-year lows of 130 yen to the U.S. dollar, just when prices of oil and other goods are surging
May 24
Attorney paying ex-casino mogul Steve Wynn defamation claim
Former Las Vegas casino mogul Steve Wynn has accepted an undisclosed financial settlement to end his federal defamation lawsuit against an attorney
May 24
Social media hammered by mounting questions over advertising
Social media has had a rough 2022 with lingering questions about advertising spending and a $44 billion takeover of Twitter that may or may not be happening, depending on which Elon Musk tweet you read
May 24
Best Buy lowers outlook as Q1 results show inflation's bite
Best Buy Co. has posted first-quarter results that showed shoppers pulled back on their spending and higher costs ate into profits
May 24
ExxonMobil loses bid to nix climate change lawsuit
Massachusetts' highest court has rejected a bid by ExxonMobil to dismiss a lawsuit brought by the state that accuses the oil giant of misleading the public about the role its products play in causing climate change
May 24
Lawsuit accuses 3 automakers and parts maker in air bag case
A class action lawsuit is accusing three automakers and a parts manufacturer of knowingly selling vehicles containing air bag inflators that are at risk of exploding
May 24
Snap, Nautilus fall; Nordson, Insulet rise
Stocks that traded heavily or had substantial price changes Tuesday: Snap, Nautilus fall; Nordson, Insulet rise
May 24
How major US stock indexes fared Tuesday
A slump in several big companies weighed down the stock market Tuesday, leaving most major indexes lower
May 24
Ford pays $19M to settle claims on fuel economy, payload
Ford Motor Company has settled claims by 40 U.S. state attorneys general that the company made misleading claims about the fuel economy and payload capacity of some of its vehicles
May 24
Airbnb ends rentals in China to focus on outbound tourists
Airbnb Inc. says it will stop representing short-term rental properties in China and focus its business in the country on serving Chinese tourists looking for lodgings abroad
May 24
Democrats: Google must protect privacy of abortion patients
More than 40 Democratic members of Congress are asking Google to stop what they see as the unnecessary collection and retention of peoples' location data
May 24
Stellantis, Samsung plan Indiana electric car battery plant
A joint venture between Stellantis and Samsung plans to build an electric vehicle battery factory in Indiana that will employ up to 1,400 workers and become the company's second such factory in North America
May 24
Trump's inaugural chair pleads not guilty to latest charges
Tom Barrack was arrested last year and released on $250 million bail.
May 24
Closing prices for crude oil, gold and other commodities
Closing prices for crude oil, gold and other commodities, and foreign exchange levels
May 24
Kremlin critic Browder urges squeeze on oligarchs' enablers
Kremlin critic Bill Browder wants governments to step up efforts to get to the riches squirreled away by Russian oligarchs by forcing accountants, lawyers and others who set up murky legal and financial structures to become whistleblowers
May 24
At Davos, Kerry cites progress on China-US climate group
John Kerry, America's top official on climate change, says that the U.S. and China are making progress on putting together a group of experts from both countries to work toward quickly reducing greenhouse gas emissions
May 24
Davos updates | Kerry: US, China working on emissions group
U.S. climate envoy John Kerry says the U.S. and China are making progress on putting together a group to work toward quickly reducing greenhouse gas emissions
May 24
Live updates | Wife: Ukrainian commander at Mariupol alive
The top military commander who fought to keep Ukrainian control of Mariupol is alive in Russian-controlled territory
May 24
Report: Dramatic rise in pesticides in EU fruits, vegetables
New research says the contamination of fruits and vegetables produced in the European Union by some of the most toxic pesticides has substantially increased over the past decade
May 24
US safety, savings rules set stage for baby formula shortage
A massive recall is getting most of the blame for the U.S. baby formula shortage, but experts say the products have long been vulnerable to this type of crisis
May 24
'Bear market' and 'recession' are back in the conversation. Why they matter.
The terms stoke outsized panic in some cases and insufficient caution in others.
May 24
Official: Ukraine told Cyprus of $420m Russian asset seizure
A Cypriot official says Ukrainian authorities have informed Cyprus about their seizure of $420 million worth of shares and securities linked to the east Mediterranean island nation that belong to a Russian billionaire and other businessmen
May 24
WHO chief Tedros reappointed to second five-year term
World Health Organization director-general Tedros Adhanom Ghebreyesus was confirmed by the U.N. health agency's member countries for a second five-year term on Tuesday
May 24
Source: https://abcnews.go.com/business
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