Business

ermingut/iStock
October 30, 2020 - 5:24 pm
By CATHERINE THORBECKE, ABC News (CHICAGO) -- McDonald's was hit with a lawsuit from two current franchisees who allege racial discrimination, arguing in court documents that the fast food giant pushed Black franchisees to locations that were "financial suicide missions." The suit was filed in the...
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October 30, 2020 - 6:22 am
By JACQUELINE LAUREAN YATES, ABC News (NEW YORK) -- The holiday season is upon us, and retailers big and small have been ramping up huge sales events a bit earlier than usual. Mass retailers such as Walmart, Target, Macy's and several others have announced everything from earlier Black Friday plans...
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Jorge Villalba/iStock
October 30, 2020 - 6:16 am
By JACQUELINE LAUREAN YATES, ABC News (NEW YORK) -- Target just added to the growing list of big-box retailers offering huge holiday shopping sales events this season. On Thursday, the store unveiled a closer look at its upcoming "Black Friday Now" deals that will be available throughout November...
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October 30, 2020 - 5:17 am
By JACQUELINE LAUREAN YATES, ABC News (NEW YORK) -- One thing many of us look forward to this season are matching PJs for the whole family and Old Navy has an inclusive new offer that's sure to spread some holiday cheer. The retailer's beloved Jingle Jammies, Cozy Socks and other accessories will...
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October 29, 2020 - 4:45 pm
By JACQUELINE LAUREAN YATES, GMA (NEW YORK) -- Hold tight to any Bed Bath & Beyond coupons you have, because they might not be showing up in your mailbox as frequently. Those familiar bright white-and-blue mailers offering promotions on the retailer's home items will be scaled back in an effort...
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Marisa Jenkins
October 29, 2020 - 11:10 am
Like many other retailers, Target is going about Black Friday a little differently this year, due to the pandemic – revealing another round of pre-holiday deals every Thursday leading up to Black Friday 2020.
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United Airlines
October 29, 2020 - 9:58 am
By SAM SWEENEY and GIO BENITEZ, ABC News (NEW YORK) -- United Airlines will start COVID testing all passengers on select flights from Newark to London beginning Nov. 16 though Dec. 7 as part of a pilot program to try and jump start international travel. Since testing began in mid-October on Hawaii-...
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FILE - In this July 15, 2020, file photo, job seekers exercise social distancing as they wait to be called into the Heartland Workforce Solutions office in Omaha, Neb. For the first time in nearly 50 years, older workers are facing higher unemployment than midcareer workers, according to a study released Tuesday, Oct. 20, 2020, from the New School. (AP Photo/Nati Harnik, File)
The Associated Press
October 29, 2020 - 8:01 am
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March, but it's still historically high and indicates the viral pandemic is forcing many employers to cut jobs. Applications for unemployment aid fell 40,000 from the previous week,...
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Stadtratte/iStock
October 29, 2020 - 7:57 am
By CATHERINE THORBECKE, ABC News (WASHINGTON) -- Two sets of data released Thursday by the government paint different pictures of an economy entrenched in the middle of the coronavirus crisis. Third-quarter GDP grew at a record 33.1% annualized rate, indicating the economy significantly clawed back...
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eldinhoid/iStock
October 29, 2020 - 7:48 am
By KELLY MCCARTHY, ABC News (NEW YORK) -- As the U.S. has seen a rise in coronavirus cases, food producers and grocery stores are working to stay ahead of shoppers' needs. Many manufacturers that were caught off guard by the crush of demand during the initial COVID-19 outbreak have upped production...
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