Business

Mint Images/Getty Images (NEW YORK) — The Federal Trade Commission has filed a lawsuit against Amazon, accusing the company of illegally maintaining its monopoly power “to inflate prices, degrade quality, and stifle innovation for consumers and businesses.” This is a developing story. Please check back for updates.   Copyright © 2023, ABC Audio. All rights […]

Kinga Krzeminska/Getty Images (NEW YORK) — Shoppers who rely on the Supplemental Nutrition Assistance Program, or SNAP, a federal program to provide food benefits to low-income households, will soon have even easier options for online grocery shopping. Uber recently announced updates to its food and delivery platform Uber Eats, which starting in 2024 will allow […]

Jason Marz/Getty Images (NEW YORK) — A group of prominent authors joined a proposed class action lawsuit filed against OpenAI over allegations that products like ChatGPT make illegal use of their copyrighted work, setting off a high-profile legal clash. While the lawsuit follows a series of similar legal challenges, it features a roster of well-known […]

Allen J. Schaben / Los Angeles Times via Getty Images (LOS ANGELES) — The Writers Guild of America reached a tentative deal with the major film and TV studios on Sunday, effectively ending a strike that had lasted 146 days. Though details of the agreement remain scant, the negotiating committee for the writers’ union lauded […]

Allen J. Schaben / Los Angeles Times via Getty Images (LOS ANGELES) — Unions representing thousands of Hollywood movie and television writers reached a “tentative” deal with major studios on Sunday, ending a strike that lasted 146 days and brought pickets to productions and company offices nationwide. “WGA has reached a tentative agreement with the […]

Aston Martin (NEW YORK) — For decades, the fictional spy James Bond helped boost sales of Aston Martin’s beautifully designed sports cars and grand tourers. Now, the 110-year-old British marque has found a new star to attract customers: Fernando Alonso. The two-time world Formula One champion has racked up six podium finishes so far in 2023, […]

MATTHEW HATCHER/AFP via Getty Images (DETROIT) — President Joe Biden said he will join the picket line, as a labor strike against the three largest motor vehicle manufacturers in the United States expanded on Friday. United Auto Workers President Shawn Fain announced 38 new strike locations targeting Stellantis and General Motors., saying all parts distribution […]

MATTHEW HATCHER/AFP via Getty Images (DETROIT) — A labor strike against the three largest motor vehicle manufacturers in the United States expanded on Friday as 38 new strike locations were announced targeting Stellantis and General Motors. United Auto Workers President Shawn Fain made the announcement, saying all parts distribution locations for Stellantis and GM at […]

Kevin Dietsch/Getty Images (WASHINGTON) — The Commerce Department finalized the national security “guardrails” in which recipients who receive CHIPS and Science Act funding must abide by. The CHIPS and Science Act was passed last year to address the manufacturing of semiconductors in the United States and the Commerce Department is responsible for dolling out billions […]

MATTHEW HATCHER/AFP via Getty Images (DETROIT) — A labor strike against the three largest motor vehicle manufacturers in the United States could expand if ongoing contract negotiations don’t move toward a deal by Friday. United Auto Workers President Shawn Fain is expected to make an announcement at 10 a.m. ET. He had warned earlier this […]