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ABCNews.com

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Find breaking news and business news on Wall Street, stocks, the economy, banking, interest rates and mortgages, loans and credit cards, mutual funds and retirement and gas prices.

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http://abcnews.go.com/

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Economy

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Navy shipyard workers approve a contract deal with Bath Iron Works, ending weeklong strike

2:22
Hundreds of striking employees at one of the U.S. Navy’s biggest shipbuilding contractors have voted to approve a deal with Bath Iron Works, ending a weeklong strike

New Mexico jury says Meta harms children's mental health and safety, violating state law

2:22
A New Mexico jury finds that social media conglomerate Meta is harmful to children’s mental health and in violation of state consumer protection law

Prosecutor conceded lack of criminal evidence in Federal Reserve investigation, transcript shows

2:22
Newly released court records indicate the Justice Department's investigation of a $2.5 billion renovation project at the Federal Reserve didn’t find any evidence of a crime before a judge quashed government subpoenas, dealing a severe blow to the probe

OpenAI pulls plug on Sora, viral AI video app that sparked deepfake concerns

2:22
OpenAI is shutting down its social media app Sora, which went viral last fall as a place to share short-form videos generated by artificial intelligence but also raised alarms in Hollywood and elsewhere

EPA approves sale of higher ethanol fuel to try to lower gas prices

2:22
The Environmental Protection Agency has announced it would allow gas stations to continue selling slightly cheaper E15 this summer in a move that may be good for drivers and corn growers but will likely contribute to air pollution

Gulf of Mexico oil spill spread hundreds of miles, killed wildlife and polluted Mexican reserves

2:22
Mexican authorities say a March oil spill in the Gulf of Mexico spread more than 600 kilometers and reached protected areas

Revised House aviation safety bill wins NTSB support, but victims' families demand tougher timelines

2:22
A revised version of the House's aviation safety bill now has the backing of the National Transportation Safety Board, but the families of the 67 victims of last year's midair collision near Washington, D.C., still want to see tougher requirements to e...

Southeast Asia revisits nuclear power plans for AI data centers as Iran war disrupts

2:22
Nuclear power is getting a second look across Southeast Asia to prepare for surging demand for power for artificial intelligence-focused data centers

EU lawmakers approve trade deal with US but add safeguards

2:22
The European Parliament has approved a trade deal between Washington and Brussels but with amendments added to protect European interests should the United States fail to hold up its end of the bargain

Estee Lauder confirms talks with Spanish perfume maker Puig

2:22
Beauty companies Estee Lauder and Puig are in talks to merge in a potential deal that would create a business housing brands such as MAC, Clinique, Charlotte Tilbury and Apivita

Central African Republic's president sworn in for third term after disputed election

19:32
Central African Republic President Faustin-Archange Touadéra has been sworn in for a third term three months after a disputed general election

Connecticut Sun reach deal to sell to Rockets owner for $300 million, move team to Houston in 2027

17:11
The Connecticut Sun have reached an agreement to sell the team to Rockets owner Tilman Fertitta for a record $300 million, according to a person familiar with the deal, and will move to Houston in 2027

Sysco expands into high-margin restaurant segment with $29 billion deal

14:53
Sysco, the nation’s largest food distributor, will acquire supplier Restaurant Depot in a deal worth more than $29 billion
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