Business News

  • First SpaceX passenger: ‘I choose to go to the moon!’
    DAVID MCNEW/AFP/Getty Images(HAWTHORNE, Calif.) -- SpaceX announced on Monday night that its first moonshot passenger will be Yusaku Maezawa, a billionaire estimated by Forbes to be the 18th-richest person in Japan.He'll be the first private passenger to visit the moon in the company's much hyped Big Falcon Rocket -- if ... read more
    BusinessSeptember 18, 2018
  • SpaceX founder Elon Musk sued by diver who helped with Thai cave rescue
    Mark Brake/Getty Images(NEW YORK) -- Elon Musk was sued on Monday for defamation by a British diver he accused of being a "pedo."Diver Vernon Unsworth filed a lawsuit against the SpaceX and Tesla founder, over tweets Musk sent during the rescue of a Thai boys soccer team in June and ... read more
    BusinessSeptember 17, 2018
  • Brit and Co. founder Brit Morin shares the worst advice she never took
    ABC News(NEW YORK) -- Brit Morin is the force behind the popular digital media and e-commerce company Brit + Co., a go-to destination for millennial women looking for DIY tips and other information on health, beauty, food, fashion, relationships and more.Recently named by Inc. as one of the most creative ... read more
    BusinessSeptember 17, 2018
  • Amazon probes report workers sold confidential info, deleted bad reviews
    Amazon(SEATTLE) -- Amazon is investigating reports that employees have offered to disclose private sales data and delete negative consumer reviews in exchange for cash.An Amazon spokesperson told ABC News on Monday that the company launched an internal probe in light of a report in The Wall Street Journal that claimed ... read more
    BusinessSeptember 17, 2018
  • JPMorgan Chase CEO says he understands why there is still ‘a lot of anger’ over financial crisis
    Scott Olson/Getty Images(NEW YORK) -- Ten years after the financial crisis caused millions of Americans to lose their jobs, houses or both, the head of the nation's largest bank said he knows many people remain angry at banks.JPMorgan Chase CEO Jamie Dimon told ABC News' Rebecca Jarvis that some in ... read more
    BusinessSeptember 16, 2018
  • Gun stores present a target for looters in hurricanes, authorities warn
    iStock/Thinkstock(NEW BERN, N.C.) -- As Hurricane Florence clobbers the Carolinas, millions of residents have evacuated, leaving thousands of homes and businesses empty, including an especially attractive target for looters: gun stores.The Carolinas are home to more than 3,300 federally licensed firearms dealers, but with law enforcement stretched thin during the ... read more
    BusinessSeptember 15, 2018
  • Hurricane Florence victims offered help by businesses, from breweries to Tesla
    iStock/Thinkstock(NEW YORK) -- U.S. businesses ranging from Tesla to Amazon to breweries both large and small have stepped in to offer help to victims of Hurricane Florence. Anheuser-Busch is sending more than 300,000 cans of drinking water in six truckloads to North Carolina, South Carolina, and Virginia from its brewery ... read more
    BusinessSeptember 14, 2018
  • Ten years after the financial crisis, not everyone has fully recovered
    iStock/Thinkstock(NEW YORK) -- Ten years ago this week, as the nation’s subprime mortgage crisis deepened, Lehman Brothers submitted the largest bankruptcy filing in U.S. history -- a flashpoint in the country’s worst financial downturn since the Great Depression.The firm was heavily involved in subprime mortgage lending. As people began to ... read more
    BusinessSeptember 14, 2018
  • ’60 Minutes’ exec Jeff Fager out at CBS as sexual misconduct allegations still under investigation
    Brad Barket/Getty Images for Peabody(NEW YORK) -- Days after the CEO of CBS left the network giant, one of the executive producers of the channel's hallmark programs is also leaving.Jeff Fager, the executive producer of "60 Minutes," is leaving the newsmagazine program "immediately," according to a note circulated to staff ... read more
    BusinessSeptember 12, 2018
  • Apple Watch introduced with FDA-approved heart rate features, fall detection
    Apple(NEW YORK) -- Apple is focused on big screens -- and even bigger medical applications -- at its event, which introduces 3 new iPhones and a revamped Apple Watch with powerful diagnostic tools that have received government approvals.Apple moves further into heart health with its latest smartwatch, offering a portable, ... read more
    BusinessSeptember 12, 2018