Business

Tierney L. Cross/Bloomberg via Getty Images (WASHINGTON) — Senators grilled chief executives from three top pharmaceutical companies over prescription drug prices during an hourslong committee hearing Thursday on Capitol Hill. Members of both major political parties bemoaned drug prices they consider too high, but liberals and conservatives revealed differences in their views of the role played […]

Anton Petrus/Getty Images (NEW YORK) — The U.S. economy shattered expectations in recent weeks, extending a run of overachievement that has quieted some of the most skeptical economists. Americans, however, remain sour. Less than 3 in 10 adults rate current economic conditions as “excellent” or “good,” a Pew survey last month found. The dynamic holds […]

Witthaya Prasongsin/Getty Images (NEW YORK) — Many Americans have put off buying a new sport utility vehicle or truck because of steep prices and high interest rates. Now, however, may be the right time to upgrade that older model, industry watchers say. “2024 is probably the best year since the pandemic to buy a new […]

Google Headquarters is seen in Mountain View, California, United States on May 15, 2023. (Tayfun Coskun/Anadolu Agency via Getty Images) (NEW YORK) — Google announced Thursday that it is joining a coalition of companies dedicated to helping increase transparency around artificial intelligence and digital content. As examples of AI-generated content continue to make headlines — […]

ABC News (NEW YORK) — Homeland Security Investigations is cracking down on counterfeit goods before Super Bowl LVIII, a top HSI official told ABC News. “We’re looking at folks, criminal organizations who are taking advantage of large-scale sporting events,” Jim Mancuso, head of the Homeland Security Investigations National Intellectual Property Rights Coordination (IPR) Center said. […]

Igor Golovniov/SOPA Images/LightRocket via Getty Images) (NEW YORK) — ESPN, Warner Discovery and Fox Sports announced Tuesday that they will partner to create a massive new streaming network dedicated to sports. ESPN is owned by the Walt Disney Company, the parent company of ABC News. This is a developing story. Please check back for updates. […]

Carol Yepes/Getty Images (NEW YORK) — Meta will begin labeling images created by OpenAI, Midjourney and other artificial intelligence products, Nick Clegg, the company’s president of global affairs, announced in an interview with ABC’s “Good Morning America” on Tuesday. The labels, set to roll out in the coming months, will identify AI-generated images posted on […]

Bissell recalls multi reach hand and floor vacuum cleaners due to fire hazard. (Consumer Product Safety Commission) (NEW YORK) — Bissell, a floor cleaning product company, recalled over 150,000 of its Multi Reach Hand and Floor Vacuum Cleaners due to a potential fire hazard, according to an announcement on the United States Product Safety Commission […]

Mark Zuckerberg, CEO of Meta, apologizes to families who have been harmed due to unsafe social media during the Senate Judiciary Committee hearing in the Dirksen Senate Office Building, Jan. 31, 2024, in Washington. (Tom Williams/CQ-Roll Call, Inc via Getty Images) (WASHINGTON) — Chief executive officers of some of the biggest social media companies, from […]

Atlantide Phototravel/Getty Images (ORLANDO, Fla.) — A federal judge in Florida has dismissed a lawsuit filed by Disney against Gov. Ron DeSantis and other state officials over the state legislature’s decision to alter the governing structure of the Reedy Creek Improvement District. Disney had argued in the lawsuit, filed last April, that the change to the […]