Business News

  • Giant screens, spartan interiors: Electric vehicles go high techGiant screens, spartan interiors: Electric vehicles go high tech
    TeslaBY: MORGAN KORN, ABC NEWS (NEW YORK) — Electric vehicles are transforming how Americans "refuel." There are changes happening inside the cabin, too. No more start/stop buttons. Radio dials now programmed into massive tablets that are mounted to the center dash. Simple functions like heated seats and climate control operated… Read more »
  • What to know about COVID-19 vaccine 'passports' and why they're controversialWhat to know about COVID-19 vaccine 'passports' and why they're controversial
    narvikk/iStockBY: ERIN SCHUMAKER, ABC NEWS (NEW YORK) — There's been a flurry of news about vaccine "passports" of late. New York State created its own digital pass; Florida and Texas attempted to outlaw them; and Baltimore's former health commissioner wrote that we shouldn't be using the word "passport" at all, which she called a divisive phrase that and… Read more »
  • Amazon warehouse workers in Alabama vote not to form a unionAmazon warehouse workers in Alabama vote not to form a union
    4kodiak/iStockBy Catherine Thorbecke, ABC News(BESSEMER, Ala.) -- Amazon has secured an apparent victory as warehouse workers in Alabama voted not to form a labor union.Of the some 3,200 votes cast in the closely-watched union election, a total of 1,798 votes were against unionization, compared to 738 in favor of it,… Read more »
  • Man selling tweet of Fyre Fest sandwich as NFT to help with medical expensesMan selling tweet of Fyre Fest sandwich as NFT to help with medical expenses
    Vertigo3d/iStockBy Kelly McCarthy, ABC News(NEW YORK) -- Nearly four years ago, a photo tweeted from the Bahamian island of Exuma of two flimsy cheese slices laying lifeless atop some whole wheat bread with a soggy-looking side salad went viral and perfectly captured the failed Fyre Festival experience.Now, Trevor DeHaas, an… Read more »
  • Starbucks launches reusable cup program -- here's how it worksStarbucks launches reusable cup program -- here's how it works
    StarbucksBy KELLY MCCARTHY, ABC News(SEATTLE) -- Starbucks' latest initiative is a simple concept to help reduce single-use plastic -- simply order, sip, return and repeat.The coffee chain announced a new two-month borrow-and-return trial program launching at five Seattle store locations that will allow customers to order a beverage in a… Read more »
  • Citi adds environmental, social and governance scores to its data platformCiti adds environmental, social and governance scores to its data platform
    Stefani Reynolds/Bloomberg via Getty ImagesBy CATHERINE THORBECKE, ABC News (NEW YORK) -- Citigroup said it has incorporated environmental, social and governance scores (ESG) to its securities services data platform to let clients better analyze the sustainability exposure of their investments. The major update comes to Citi Velocity Clarity, the bank's… Read more »
  • Majority of pandemic stimulus checks went toward savings or paying off debt: NY FedMajority of pandemic stimulus checks went toward savings or paying off debt: NY Fed
    JJ Gouin/iStockBy Catherine Thorbecke, ABC News(NEW YORK) -- Americans saved or paid off debt with most of their pandemic stimulus payments, according to surveys from the Federal Reserve Bank of New York.For the second round of relief checks that gave $600 to eligible Americans and were issued at the end… Read more »
  • NFTs spark debate over digital value, environmental impactNFTs spark debate over digital value, environmental impact
    iStock/Carol_AnneBY: MICHAEL DOBUSKI, ABC News(NEW YORK) -- Jazmine Boykins is a visual artist who goes by the name “blacksneakers.” She owns and operates a gallery in North Carolina, but recently she’s been selling art that exists purely online as non-fungible tokens, or NFTs.“I’ve always known I’ve wanted to be an… Read more »
  • Biden administration faces increasing calls to stop companies from 'greenwashing'Biden administration faces increasing calls to stop companies from 'greenwashing'
    Sundry Photography/iStockBy Stephanie Ebbs and Elizabeth Schulze(WASHINGTON) -- In the weeks leading up to Earth Day shoppers will see messages about companies' commitment to combating climate change or even products claiming to have a more positive impact on the environment than others by generating less waste or being produced with… Read more »
  • How OpenTable is getting diners back to restaurantsHow OpenTable is getting diners back to restaurants
    Andrew Harrer/Bloomberg via Getty ImagesBy KELLY MCCARTHY, GMA(NEW YORK) -- As restaurants continue to welcome back diners across the U.S. there is increased demand for data when it comes to choosing where to eat or drink.To help, OpenTable launched Back to the Table, a new information hub with tools and… Read more »