Business

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 […]

Atlantide Phototravel/Getty Images (ORLANDO, Fla.) — A Florida judge has dismissed a lawsuit filed by Disney against Gov. Ron DeSantis over the state legislature’s decision to alter the governing structure of the Reedy Creek Improvement District. Disney had argued the change to the district, for which the company was the main landowner, was made in retaliation […]

Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve left rates unchanged on Wednesday, delaying highly anticipated rate cuts that the central bank expects to make sometime this year. The fed funds rate remains between 5.25% and 5.5% “The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run,” […]

Image Source/Getty Images (NEW YORK) — Boeing CEO Dave Calhoun took responsibility for a door plug getting blown out of an Alaska Airlines flight over Oregon earlier this month in the company’s fourth quarter earnings call Wednesday. “We caused the problem,” Calhoun said. Calhoun said that while the company reported its fourth quarter and 2023 […]

Tim Graham/Getty Images (WASHINGTON) — The chief executives of the nation’s top social media companies will testify before Congress on Wednesday in a hearing intended to drum up support for federal legislation to safeguard children from the online world. The Senate Judiciary Committee will hear from Linda Yaccarino, the chief of X, formerly known as […]