Trump Just Treated Guests to Cheap Fast Food Burgers and Fries Once Again

Social media hammered by mounting questions over advertising

Social media has had a rough 2022 with lingering questions about advertising spending and a $44 billion takeover of Twitter that may or may not be happening, depending on which Elon Musk tweet you read

21 minutes ago

Attorney paying ex-casino mogul Steve Wynn defamation claim

Former Las Vegas casino mogul Steve Wynn has accepted an undisclosed financial settlement to end his federal defamation lawsuit against an attorney

36 minutes ago

Best Buy lowers outlook as Q1 results show inflation's bite

Best Buy Co. has posted first-quarter results that showed shoppers pulled back on their spending and higher costs ate into profits

43 minutes ago

FILE - Shoppers are silhouetted as they walk toward a Best Buy store after doors opened at 5 a.m., Nov. 26, 2021, in Lone Tree, Colo. Best Buy Co. posted first-quarter results that showed shoppers pulled back on their spending and higher costs ate into profits. The nation's largest consumer electronics chain also on Tuesday, May 24, 2022 cut its annual outlook, citing a deteriorating economic environment. Best Buy was among a handful of big winners in the pandemic, as shoppers flocked to its stores and website to buy equipment to furnish home offices or cater to their children's needs for virtual learning. (AP Photo/David Zalubowski, file)

ExxonMobil loses bid to nix climate change lawsuit

Massachusetts' highest court has rejected a bid by ExxonMobil to dismiss a lawsuit brought by the state that accuses the oil giant of misleading the public about the role its products play in causing climate change

1 hour ago

Lawsuit accuses 3 automakers and parts maker in air bag case

A class action lawsuit is accusing three automakers and a parts manufacturer of knowingly selling vehicles containing air bag inflators that are at risk of exploding

2 hours ago

Slumping technology stocks pull Wall Street lower

A slump in several big companies weighed down the stock market Tuesday, leaving most major indexes lower

2 hours ago

FILE - Traders work on the floor at the New York Stock Exchange in New York, May 19, 2022. Stocks are opening lower on Wall Street Tuesday, May 24, 2022 led by drops in tech heavyweights like the parent companies of Facebook and Google. The S&P 500 index fell 1.2% in the early going, and the tech-heavy Nasdaq was down almost twice as much, 2.3%. (AP Photo/Seth Wenig)

Snap, Nautilus fall; Nordson, Insulet rise

Stocks that traded heavily or had substantial price changes Tuesday: Snap, Nautilus fall; Nordson, Insulet rise

4 hours ago

How major US stock indexes fared Tuesday

A slump in several big companies weighed down the stock market Tuesday, leaving most major indexes lower

4 hours ago

Ford pays $19M to settle claims on fuel economy, payload

Ford Motor Company has settled claims by 40 U.S. state attorneys general that the company made misleading claims about the fuel economy and payload capacity of some of its vehicles

4 hours ago

US to end Russia's ability to pay international investors

The U.S. will close the last avenue for Russia to pay back its billions in debt to international investors on Wednesday, making a Russian default on its debts for the first time since the Bolshevik Revolution all but inevitable

4 hours ago

Airbnb ends rentals in China to focus on outbound tourists

Airbnb Inc. says it will stop representing short-term rental properties in China and focus its business in the country on serving Chinese tourists looking for lodgings abroad

May 24

Democrats: Google must protect privacy of abortion patients

More than 40 Democratic members of Congress are asking Google to stop what they see as the unnecessary collection and retention of peoples' location data

May 24

FILE - A woman walks below a Google sign on the campus in Mountain View, Calif., on Sept. 24, 2019. More than 40 Democratic members of Congress are asking Google to stop what they see as the unnecessary collection and retention of peoples' location data. They're concerned it could be used to identify women seeking abortions. The group of Democrats on Tuesday, May 24, 2022 sent a letter to the CEO of Google's parent company saying that if abortion were to become illegal in the U.S., the cellphone location data collected and retained by the company could be used by far-right extremists looking to crack down on women seeking reproductive health care. (AP Photo/Jeff Chiu, File)

Stellantis, Samsung plan Indiana electric car battery plant

A joint venture between Stellantis and Samsung plans to build an electric vehicle battery factory in Indiana that will employ up to 1,400 workers and become the company's second such factory in North America

May 24

FILE - The Stellantis sign is seen outside the Chrysler Technology Center, in Auburn Hills, Mich. Automaker Stellantis has scheduled an announcement for Tuesday, May 24, 2022, in Kokomo, Ind., for what could be the company's second North American electric vehicle battery factory. (AP Photo/Carlos Osorio, File)

Trump's inaugural chair pleads not guilty to latest charges

Tom Barrack was arrested last year and released on $250 million bail.

May 24

FILE - Tom Barrack, center, arrives at Brooklyn federal court, Monday, July 26, 2021, in New York. Federal prosecutors have spelled out more details of the allegations against Barrack, the chair of former President Donald Trump's inaugural committee, who's accused of secretly working as an agent for the United Arab Emirates to influence Trump's foreign policy. (AP Photo/Mark Lennihan, File)

Closing prices for crude oil, gold and other commodities

Closing prices for crude oil, gold and other commodities, and foreign exchange levels

May 24

Kremlin critic Browder urges squeeze on oligarchs' enablers

Kremlin critic Bill Browder wants governments to step up efforts to get to the riches squirreled away by Russian oligarchs by forcing accountants, lawyers and others who set up murky legal and financial structures to become whistleblowers

May 24

Bill Browder CEO Hermitage Capital Management poses for a portrait prior to an interview with the Associated Press during the World Economic Forum in Davos, Switzerland, Tuesday, May 24, 2022. The annual meeting of the World Economic Forum is taking place in Davos from May 22 until May 26, 2022. (AP Photo/Markus Schreiber)

At Davos, Kerry cites progress on China-US climate group

John Kerry, America's top official on climate change, says that the U.S. and China are making progress on putting together a group of experts from both countries to work toward quickly reducing greenhouse gas emissions

May 24

John F. Kerry, Special Presidential Envoy for Climate of the United States, gestures during a news conference at the World Economic Forum in Davos, Switzerland, Tuesday, May 24, 2022. The annual meeting of the World Economic Forum is taking place in Davos from May 22 until May 26, 2022. (AP Photo/Markus Schreiber)

Davos updates | Kerry: US, China working on emissions group

U.S. climate envoy John Kerry says the U.S. and China are making progress on putting together a group to work toward quickly reducing greenhouse gas emissions

May 24

Live updates | Wife: Ukrainian commander at Mariupol alive

The top military commander who fought to keep Ukrainian control of Mariupol is alive in Russian-controlled territory

May 24

A boy watches flags honoring soldiers killed fighting Russian troops in downtown Kyiv, Ukraine, Monday, May 23, 2022. (AP Photo/Natacha Pisarenko)

Report: Dramatic rise in pesticides in EU fruits, vegetables

New research says the contamination of fruits and vegetables produced in the European Union by some of the most toxic pesticides has substantially increased over the past decade

May 24

FILE - Farmer Dimitris Kakalis, 25, fills a spray machine with pesticide at his vineyard near the town of Tyrnavos, central Greece, Sunday, Feb. 13, 2022. The contamination of fruits and vegetables produced in the European Union by the most toxic pesticides has substantially increased over the past decade, according to new research published Tuesday, May 24, 2022. (AP Photo/Giannis Papanikos, File)

US safety, savings rules set stage for baby formula shortage

A massive recall is getting most of the blame for the U.S. baby formula shortage, but experts say the products have long been vulnerable to this type of crisis

May 24

FILE - Shelves typically stocked with baby formula sit mostly empty at a store in San Antonio, Tuesday, May 10, 2022. A massive baby formula recall, combined with COVID-related supply chain problems, is getting most of the blame for the shortage that's causing distress for many parents across the U.S. But the nation's formula supply has long been vulnerable to this type of crisis, experts say, due to decades-old rules and policies that have allowed a handful of companies to corner nearly the entire U.S. market. (AP Photo/Eric Gay, File)

'Bear market' and 'recession' are back in the conversation. Why they matter.

The terms stoke outsized panic in some cases and insufficient caution in others.

May 24

A trader works on the floor at the New York Stock Exchange in New York, on May 19, 2022.

Official: Ukraine told Cyprus of $420m Russian asset seizure

A Cypriot official says Ukrainian authorities have informed Cyprus about their seizure of $420 million worth of shares and securities linked to the east Mediterranean island nation that belong to a Russian billionaire and other businessmen

May 24

WHO chief Tedros reappointed to second five-year term

World Health Organization director-general Tedros Adhanom Ghebreyesus was confirmed by the U.N. health agency's member countries for a second five-year term on Tuesday

May 24

Tedros Adhanom Ghebreyesus, Director General of the World Health Organization (WHO), centre, celebrates his reelection, during the 75th World Health Assembly at the European headquarters of the United Nations in Geneva, Switzerland, Tuesday, May 24, 2022. (Salvatore Di Nolfi/Keystone via AP)

Slumping technology stocks pull Wall Street lower

Stocks fell in morning trading on Wall Street Tuesday, weighed down by a big decline in tech heavyweights over concerns about persistently rising inflation and its impact to their bottom lines

May 24

Hyundai recalls 239,000 cars for exploding seat belt parts

Korean automaker Hyundai is recalling 239,000 cars because the seat belt parts can explode and injure vehicle occupants

May 24

FILE - An unsold 2019 Accent sedan sits at a Hyundai dealership in Littleton, Colo. on Sunday, May 19, 2019. Korean automaker Hyundai is recalling 239,000 cars because the seat belts can explode and injure vehicle occupants. The recall, which expands and replaces three previous recalls, includes 2019-2022 Accents, 2021-2023 Elantras and 2021-2022 Elantra HEVs, or hybrid electric vehicles. Owners will be able to take their recalled vehicles to dealerships where the seat belt pretensioners will be fit with a cap at no cost. (AP Photo/David Zalubowski, File)

Official: Nine Lebanese banks to withdraw from Cyprus

A representative of the Cyprus Central Bank says nine Lebanese banks are shutting down their operations on the island

May 24

MacKenzie Scott gives $123M to Big Brothers Big Sisters

MacKenzie Scott gave $122.6 million to Big Brothers Big Sisters of America, the national youth-mentoring charity announced on Tuesday

May 24

FILE - In this March 4, 2018, file photo, then-MacKenzie Bezos arrives at the Vanity Fair Oscar Party in Beverly Hills, Calif. MacKenzie Scott gave $122.6 million to Big Brothers Big Sisters of America, the national youth-mentoring charity announced on Tuesday, May 24, 2022. The gift is the latest of several the billionaire writer has given to large national nonprofits that carry out their missions through local chapters in neighborhoods throughout the country. (Photo by Evan Agostini/Invision/AP, File)

Biden administration is flying in baby formula. Here's why the shortage happened

A factory shutdown triggered the crisis but supply was vulnerable, experts said.

May 24

Empty shelves show a shortage of baby formula at a CVS store in San Antonio, Texas, May 10, 2022.

Stock market slump unsettling Americans eying retirement

Americans on the cusp of retiring are facing a tough choice as they watch their nest eggs shrink: Stay the course or keep working

May 24

Mark Bendell and his wife Laurie talk in their kitchen, Monday, May 23, 2022, in Boca Raton, Fla. A stock market slump this year, which has taken big bites out of investors' portfolios, including retirement plans like 401(k)s, is worrying Americans who are within a few years of retirement. (AP Photo/Marta Lavandier)

Biden: Leaders navigating 'dark hour' after Ukraine invasion

President Joe Biden has warned fellow leaders of the informal Indo-Pacific security coalition known as the Quad that they are "navigating through a dark hour in our shared history."

May 24

Leaders of Quadrilateral Security Dialogue (Quad) from left to right, Australian Prime Minister Anthony Albanese, U.S. President Joe Biden, Japanese Prime Minister Fumio Kishida, and Indian Prime Minister Narendra Modi, pose for photo at the entrance hall of the Prime Minister's Office of Japan in Tokyo, Japan, Tuesday, May 24, 2022. (Sadayuki Goto/Kyodo News via AP)

More turn to UK food banks as food and fuel bills soar

Across Britain, food banks and community food hubs that helped struggling families, older people and the homeless during the pandemic are now seeing soaring demand

May 24

Local resident Dave sits at the Community Food Hub in London, Wednesday, May 4, 2022. Across Britain, food banks and community food hubs that helped struggling families, older people and the homeless during the pandemic are now seeing soaring demand. The cost of food and fuel in the U.K. has risen sharply since late last year, with inflation reaching the highest level in 40 years. (AP Photo/Frank Augstein)

AP-NORC poll: Economy grows as priority on Russia response

Americans are becoming less supportive of punishing Russia for launching its invasion of Ukraine if it comes at the expense of the U.S. economy, a sign of rising anxiety over inflation and other challenges

May 24

FILE - High gas prices are seen in front of a medical billboard on May 11, 2022, in Milwaukee. Americans are becoming less supportive of punishing Russia for launching its invasion of Ukraine if it comes at the expense of the U.S. economy, a sign of rising anxiety over inflation and other challenges. That's according to a new poll from The Associated Press-NORC Center for Public Affairs Research. (AP Photo/Morry Gash, File)

Asian shares mostly lower as inflation worries cloud outlook

Asian shares are mostly lower as worries over inflation temper optimism over President Joe Biden's remark that he was considering reducing U.S. tariffs on Chinese imports

May 23

EXPLAINER: What's the 4-nation Quad, where did it come from?

Leaders of the U.S., Japan, Australia and India gathered in Tokyo on Tuesday for a summit of what's known as the Quad

May 23

Australian Prime Minister Anthony Albanese, right, and Foreign Minister Penny Wong arrive at Haneda International Airport in Tokyo, Monday, May 23, 2022. The newly sworn-in Australian Prime Minister Albanese is scheduled to attend a gathering in Tokyo of the four-country Indo-Pacific group known as the Quad.(Fumine Tsutabayashi/Kyodo News via AP)

What led to US baby formula shortage?

A variety of long-term and short-term factors led to empty shelves for parents searching for baby formula.

May 23

Amazon to sublease warehouses as online shopping slows

Amazon is planning to sublease some of its warehouse space because the pandemic-fueled surge in online shopping has slowed

May 23

Stellantis making Indiana announcement; may be battery plant

Stellantis has scheduled an announcement for Tuesday in Kokomo, Indiana, for what could be the company's second North American electric vehicle battery factory

May 23

Global Citizen NOW summit seeks solutions for global issues

The statistics discussed at the inaugural Global Citizen NOW conference were bleak

May 23

FILE - Hugh Evans, co-founder and CEO of Global Citizen, speaks during the Global Citizen festival, Saturday, Sept. 25, 2021, in New York. The statistics discussed at the inaugural Global Citizen NOW conference in New York Monday, May 23, 2022, were bleak. However, Evans said he feels optimistic. (AP Photo/Stefan Jeremiah, File)

DC sues Zuckerberg over Cambridge Analytica privacy breach

The District of Columbia has sued Meta chief Mark Zuckerberg

May 23

Facebook, Instagram to reveal more on how ads target users

Meta, the parent company of Facebook and Instagram, said it will start publicly providing more details about how advertisers target people with political ads

May 23

FILE - The mobile phone apps for, from left, Facebook, Instagram and WhatsApp are shown on a device in New York. The company that owns Facebook and Instagram said Monday, May 23, 2022, it will begin revealing more details about how advertisers target people with certain political ads, just months before the U.S. Midterm elections. (AP Photo/Richard Drew, File)

Starbucks leaving Russian market

Starbucks is pulling out of the Russian market

May 23

World Food Program chief presses billionaires 'to step up'

The head of the U.N.'s World Food Program is telling billionaires it's "time to step up" as the global threat of food insecurity rises because of Russia's war in Ukraine

May 23

David Beasley, Executive Director of the United Nations World Food Programme, arrives to a UN Security Council Meeting on Food Insecurity and Conflict, Thursday, May 19, 2022, at United Nations headquarters. (AP Photo/John Minchillo)

How major US stock indexes fared Monday

Stocks closed higher on Wall Street Monday following seven weeks of declines that nearly ended the bull market that began in March 2020

May 23

Brazil president announces carbon market, thin on details

Brazil's far-right President Jair Bolsonaro has announced the creation of a carbon market in Brazil but it is voluntary and the announcement is thin on the kind of details that make for a robust trading forum

May 23

FILE - Brazil's President Jair Bolsonaro arrives for a ceremony marking Army Day at Army headquarters in Brasilia, Brazil, April 19, 2022. Bolsonaro signed a decree on May 19, 2022 that he says will create a national carbon market to reduce greenhouse gas emissions. (AP Photo/Eraldo Peres, File)

JPMorgan Chase, Electronic Arts rise; Broadcom, Amazon fall

Stocks that traded heavily or had substantial price changes Monday: JPMorgan Chase, Electronic Arts rise; Broadcom, Amazon fall

May 23

Video game workers create first union at big U.S. game maker

Video game workers at a division of game publisher Activision Blizzard have voted to unionize, creating the first labor union at a large U.S. video game company

May 23

Appeals court: Florida law on social media unconstitutional

A Florida law intended to punish social media platforms like Facebook and Twitter for allegedly discriminating against conservative thought is an unconstitutional violation of the First Amendment

May 23

FILE - Florida Gov. Ron DeSantis speaks at Miami's Freedom Tower, on Monday, May 9, 2022. A Florida law intended to punish social media platforms like Facebook and Twitter is an unconstitutional violation of the First Amendment, a federal appeals court ruled Monday, May 23, 2022, dealing a major victory to companies who had been accused by DeSantis of discriminating against conservative thought. (AP Photo/Marta Lavandier, File)

Davos updates | Urgent need in Afghanistan is saving economy

Two high-level speakers at the World Economic Forum gathering say Afghanistan's most urgent need is saving its economy from complete collapse

May 23

Ukrainian President Volodymyr Zelenskyy displayed on a screen as he addresses the audience from Kyiv on a screen during the World Economic Forum in Davos, Switzerland, Monday, May 23, 2022. The annual meeting of the World Economic Forum is taking place in Davos from May 22 until May 26, 2022. (AP Photo/Markus Schreiber)

Closing prices for crude oil, gold and other commodities

Closing prices for crude oil, gold and other commodities, and foreign exchange levels

May 23

haynesadere1974.blogspot.com

Source: https://abcnews.go.com/business

Trump Just Treated Guests to Cheap Fast Food Burgers and Fries Once Again

Social media hammered by mounting questions over advertising

Attorney paying ex-casino mogul Steve Wynn defamation claim

Best Buy lowers outlook as Q1 results show inflation's bite

ExxonMobil loses bid to nix climate change lawsuit

Lawsuit accuses 3 automakers and parts maker in air bag case

Slumping technology stocks pull Wall Street lower

Snap, Nautilus fall; Nordson, Insulet rise

How major US stock indexes fared Tuesday

Ford pays $19M to settle claims on fuel economy, payload

US to end Russia's ability to pay international investors

Airbnb ends rentals in China to focus on outbound tourists

Democrats: Google must protect privacy of abortion patients

Stellantis, Samsung plan Indiana electric car battery plant

Trump's inaugural chair pleads not guilty to latest charges

Closing prices for crude oil, gold and other commodities

Kremlin critic Browder urges squeeze on oligarchs' enablers

At Davos, Kerry cites progress on China-US climate group

Davos updates | Kerry: US, China working on emissions group

Live updates | Wife: Ukrainian commander at Mariupol alive

Report: Dramatic rise in pesticides in EU fruits, vegetables

US safety, savings rules set stage for baby formula shortage

'Bear market' and 'recession' are back in the conversation. Why they matter.

Official: Ukraine told Cyprus of $420m Russian asset seizure

WHO chief Tedros reappointed to second five-year term

Slumping technology stocks pull Wall Street lower

Hyundai recalls 239,000 cars for exploding seat belt parts

Official: Nine Lebanese banks to withdraw from Cyprus

MacKenzie Scott gives $123M to Big Brothers Big Sisters

Biden administration is flying in baby formula. Here's why the shortage happened

Stock market slump unsettling Americans eying retirement

Biden: Leaders navigating 'dark hour' after Ukraine invasion

More turn to UK food banks as food and fuel bills soar

AP-NORC poll: Economy grows as priority on Russia response

Asian shares mostly lower as inflation worries cloud outlook

EXPLAINER: What's the 4-nation Quad, where did it come from?

What led to US baby formula shortage?

Amazon to sublease warehouses as online shopping slows

Stellantis making Indiana announcement; may be battery plant

Global Citizen NOW summit seeks solutions for global issues

DC sues Zuckerberg over Cambridge Analytica privacy breach

Facebook, Instagram to reveal more on how ads target users

Starbucks leaving Russian market

World Food Program chief presses billionaires 'to step up'

How major US stock indexes fared Monday

Brazil president announces carbon market, thin on details

JPMorgan Chase, Electronic Arts rise; Broadcom, Amazon fall

Video game workers create first union at big U.S. game maker

Appeals court: Florida law on social media unconstitutional

Davos updates | Urgent need in Afghanistan is saving economy

Closing prices for crude oil, gold and other commodities

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