Business News

Nordstrom launches new fashion and beauty line celebrating Black creators

Nordstrom launches new fashion and beauty line celebrating Black creators

NordstromBy NICK PERRY, ABC News (NEW YORK) — A number of fashion and beauty retailers are celebrating Black History Month by putting an emphasis on Black-owned brands, and now you can add department store Nordstrom to that list.The 12th installation in the New Concepts & Nordstrom series, Black_Space is a collaborative effort between five Black…

Some Texans told they owe thousands in electric bills

Some Texans told they owe thousands in electric bills

Kameleon007/iStockBy TREVOR AULT and ALLIE YANG, ABC News (NEW YORK) — Millions of Texans lost their power last week as they desperately tried to stay warm amid a historic chill that descended upon the region. But those whose power continued to stay on were hit with bad news, too.One man received a $17,000 bill for…

Boeing said it ‘supports the decision’ to temporarily ground some 777s

Boeing said it ‘supports the decision’ to temporarily ground some 777s

sanfel/iStockBy CATHERINE THORBECKE, ABC News(WASHINGTON) — Boeing said it “supports the decision” of regulators to suspend operations of more than a hundred of its 777 planes powered by Pratt & Whitney 4000-112 engines in the wake of a jet engine failure in Colorado this past Saturday.The jet’s engine in United Airlines Flight 328 from Denver,…

Voting machine company sues pro-Trump pillow man over false election claims

Voting machine company sues pro-Trump pillow man over false election claims

Liliboas/iStockBy OLIVIA RUBIN and SOO RIN KIM, ABC News(DENVER) — Dominion Voting Systems on Monday morning filed a $1.3 billion defamation lawsuit against Trump ally Mike Lindell and his company, MyPillow, alleging that the conservative TV commentator helped push false theories about the voting company rigging the 2020 election even though the accusations were widely…

NRA is ‘out of ammo’ as it faces a legal mess of its own making, many experts say

NRA is ‘out of ammo’ as it faces a legal mess of its own making, many experts say

dsmoulton/iStoclBy LUCIEN BRUGGEMAN, ABC News (NEW YORK) — Plagued by infighting and targeted by a sprawling investigation, the National Rifle Association has found itself entangled in a legal web of its own making, several experts told ABC News, as a federal judge considers the fate of the organization’s widely scrutinized bankruptcy case.Prosecutors in New York…

Why 2021 is shaping up to be a pivotal year for electric vehicles

Why 2021 is shaping up to be a pivotal year for electric vehicles

Jaguar Land RoverBY: MORGAN KORN, ABC NEWS (NEW YORK) —  Brace yourself for an emissions-free future. No more internal combustion engines. No more polluting trucks and cars. Only 100% electric vehicles will be shown and sold in dealerships. Automakers are shaking up and electrifying their lineups, teasing motorists with images of upcoming gasless vehicles. The…

CVS announces initiative to increase vaccine access in Black, Hispanic communities

CVS announces initiative to increase vaccine access in Black, Hispanic communities

jetcityimage/iStockBy CATHERINE THORBECKE, ABC News (NEW YORK) — CVS Health announced an initiative to increase access to COVID-19 vaccinations in Black and Hispanic communities on Thursday, as racial disparities have already plagued the vaccine’s rollout.The pharmacy chain said it will also work to advance vaccine education in underserved communities to combat vaccine hesitancy.”We are committed…

Walt Disney World to celebrate 50th anniversary with 18-month-long event

Walt Disney World to celebrate 50th anniversary with 18-month-long event

DisneyBy ANGELINE JANE BERNABE, ABC News (NEW YORK) — Walt Disney World is preparing for its most magical celebration yet.Disney cast members are celebrating the resort’s 50th anniversary with an 18-month-long event.The parks’ most magical celebration on Earth will include the expansion of new entertainment activities and attractions, and to mark the festivities, Magic Kingdom’s iconic…

Can employers mandate the COVID-19 vaccine to return to work?

Can employers mandate the COVID-19 vaccine to return to work?

zoranm/iStockBy SARAH HERNDON, IMTIYAZ DELAWALA andd ANTHONY RIVAS, ABC News (NEW YORK) — Since the novel coronavirus first began spreading throughout the United States, health experts across the country have suggested that it would take a vaccine to stop the virus.Americans have begun heeding that advice. Over 40 million Americans have received at least the…

USPS unveils new mail truck

USPS unveils new mail truck

USPSBY: MICHAEL DOBUSKI, ABC News(NEW YORK) — For the first time in 35 years, United States Postal Service workers are getting a new set of wheels.This week the USPS pulled the wraps off the Next Generation Delivery Vehicle. The “NGDV” is a brand new mail-carrier van designed and produced under contract by Oshkosh Defense. “This…

A third stimulus check could be coming. Here’s what Americans did with the others

A third stimulus check could be coming. Here’s what Americans did with the others

LPETTET/iStockBy ELIZABETH SCHULZE, ABC News (NEW YORK) — For millions of Americans like 27-year-old Edvonte Copeland, stimulus checks from the federal government have provided a financial lifeline.A special education assistant and assistant athletic director at a high school in Minneapolis, Copeland’s work became unpredictable as the pandemic forced classrooms to go virtual.When the most recent…

GameStop’s chief financial officer steps down after stock market saga

GameStop’s chief financial officer steps down after stock market saga

Melissa Kopka/iStockBy CATHERINE THORBECKE, ABC News(NEW YORK) — GameStop, the video game retailer that found itself at the center of an unprecedented stock market extravaganza, announced its chief financial officer will be stepping down next month.The company said Jim Bell, the executive vice president and CFO, will be resigning from his roles on March 26.GameStop…

Nearly 40,000 Macs infected by mysterious malware, researchers say

Nearly 40,000 Macs infected by mysterious malware, researchers say

abalcazar/iStockBy CATHERINE THORBECKE, ABC News (NEW YORK) — Mysterious malware — that has not yet engaged in malicious activity — has infected nearly 40,000 Mac devices, according to the cybersecurity firm Red Canary, which first detected the threat.The malware, dubbed by Red Canary as “Silver Sparrow,” is baffling researchers because of its elusive motives.”Most malware…

Disney California Adventure Park details ‘A Touch of Disney’ experience opening March 18

Disney California Adventure Park details ‘A Touch of Disney’ experience opening March 18

P_Wei/iStockBy CARSON BLACKWELDER, ABC News(ANAHEIM, Calif.) — Disneyland Resort announced more details for “A Touch of Disney,” a limited-capacity ticketed experience opening at Disney California Adventure Park on March 18, one year after the park shut down due to the worldwide COVID-19 pandemic.This experience will offer “some of the world-famous food and drinks from around…