Business News
Tipping point: Viral video sparks questions about gratuities
(NEW YORK) -- Tipping has seen a shift, especially compared to pre-pandemic, when the cost of food and everything else was lower, but one man's recent experience that went viral on social media has sparked new questions around gratuities.Mark O'Brien shared a video on Instagram showing an electronic screen that…
Airbnb launches stays at “Up” house, “Inside Out” headquarters and more ‘Icons’
(NEW YORK) -- Looking for a unique vacation destination?Airbnb is offering customers an opportunity to stay in famous homes and places such as a re-creation of the Up house from Pixar's 2009 animated movie.Photos show the Up house, home to the fictional Carl Fredricksen and his late wife Ellie, brought…
Martinelli’s apple juice recalled over high arsenic levels, sold at Whole Foods, Kroger and more
(NEW YORK) -- Martinelli's has voluntarily recalled a single lot of its apple juice that was distributed to five major retailers after it tested for arsenic levels higher than U.S. Food and Drug Administration standards.S. Martinelli & Co. stated in a recall notice dated April 16, 2024, that the recall…
Fed expected to hold interest rates steady at highest level since 2001
(WASHINGTON) -- The Federal Reserve is set to announce a decision on Wednesday about whether to adjust its benchmark interest rate, just days after new government data showed that the economy is cooling off.The slowdown has coincided with a months-long stretch of stubborn inflation, putting pressure on the Fed to…
It’s not too late to book summer travel deals, these expert tips make it easier
(NEW YORK) -- For anyone still in planning mode for summer vacation, some experts say right now may be the best time to book the trip.Founder of The Points Guy Brian Kelly explained to ABC News' Good Morning America that the best booking timeframe, known as the goldilocks window, can…
Some California restaurants face stark realities, burdens after minimum wage increase
(NEW YORK) -- It's been nearly one month since California raised the minimum wage at certain restaurants, which has put a spotlight on a course correction that many see as long overdue.But for some -- and not just fast food franchise owners -- the newly raised bar for compensation also…
Amazon Prime Day 2024: Here’s what to know and expect
(NEW YORK) -- Amazon Prime Day is making its annual return in July.The retailer previously announced the return of its biggest shopping event of the year along with plans to include even more savings than it has in years past."I'm thrilled to share that Prime Day will be back this…
Southwest Airlines CEO says airline may reevaluate open seating after financial loss
(NEW YORK) -- Southwest Airlines famously allows passengers to select their own seats upon boarding, but the low fare carrier could be changing course.Earlier this week, after the Dallas-based carrier reported a $231 million net loss from the first quarter of 2024, CEO Bob Jordan commented on the "disappointing" results…
Walmart US CEO talks inflation, self-checkout, and paying six-figures to non-college degree workers
(NEW YORK) -- In an exclusive and far-reaching interview with ABC News, John Furner, president and CEO of Walmart U.S., talked about the retail giant’s push to hire more non-college degree workers for high-paying corporate jobs at the company.Currently, 75% of Walmart’s salaried managers began as hourly associates. High-performing Walmart…
No cuts: Proposed bill could change skipping the security line at the airport
(NEW YORK) -- California lawmakers have pushed forward a new piece of legislation aimed at changing the way third-party security screening companies like CLEAR help expedite customers through security at the airport.An annual CLEAR membership that costs $189 allows travelers to skip the onerous security lines and instead verify their…