Business News
Consumer Financial Protection Bureau abandons payday loan limitations
By CATHERINE THORBECKE, ABC News(WASHINGTON) -- After a years-long battle, the Consumer Financial Protection Bureau has rolled back a series of proposed limitations to payday loans in a move advocacy…
36,000 United Airlines employees could face furloughs this fall
(NEW YORK) -- BY: AMANDA MAILE, MINA KAJI, and SAM SWEENEY, ABC NewsUnited Airlines is preparing to furlough up to 36,000 employees -- as much as 45% of its front-line…
H&M plans to close 170 stores worldwide amid coronavirus pandemic
By JACQUELINE LAUREAN YATES, ABC News(NEW YORK) -- H&M is planning to close 170 stores worldwide after experiencing a drop in sales amid the coronavirus pandemic.After many of the fashion…
As ad boycott wages on, Facebook civil rights audit reveals a 'long road ahead'
By CATHERINE THORBECKE, ABC News(NEW YORK) -- Facebook released the results of its two-year independent civil rights audit on Wednesday, which revealed the platform "has a long road ahead on…
After barraging an Asian American family with a racist rant, tech CEO apologizes
By CATHERINE THORBECKE, ABC News(CARMEL, Calif.) -- A tech industry CEO has apologized after he was caught-on-camera yelling racist remarks at an Asian American family celebrating a birthday at a…
Should Disney World reopen? 'We believe very much it should,' park says
By GOOD MORNING AMERICA, ABC News(LAKE BUENA VISTA, Fla.) -- The phased reopening of Walt Disney World is just days away, and as the number of COVID-19 cases in Florida…
Exclusive first look at the new guest experiences at Walt Disney World
By GOOD MORNING AMERICA, ABC News (NEW YORK) -- With Walt Disney World scheduled to begin its phased reopening on July 11, 2020, guests will see big changes when it…
Woman hopes her 'trade me' project will turn her bobby pin into a house
By HALEY YAMADA, ABC News(SAN FRANCISCO) -- One San Francisco woman who started with a single bobby pin has since traded it up to a pair of Nike sneakers worth…