Business News

iStock/Thinkstock(NEW YORK) — CEOs at the 350 largest U.S. companies received 312 times as much in compensation as typical employees in 2017, according to a study released Thursday. The average chief executive received $18.9 million last year, a 17.6 percent increase from 2016, as the wages of a typical worker rose just 0.3 percent, according […]

ABC News(LOS ANGELES) — At first glance, the Sparrow Mart looks like an ordinary California supermarket. It has red shopping carts near the entrance. There’s a giant Coca-Cola refrigerator holding beverages next to rows and rows of packaged foods , including Cheez Whiz, Moon Pies and Welch’s Grape Jelly. But upon closer inspection, it’s not […]

ABC News(NEW YORK) — One minute, they were cranking out an endless stream of tweets, pushing conservative-leaning news articles or fiery video commentary. The next, they were gone, without a trace or an explanation. Twitter took down what experts told ABC News was almost certainly a bot network on Friday, one that impersonated military or […]

iStock/Thinkstock(NEW YORK) — Older Americans are filing for bankruptcy at more than double the rate of just 25 years ago, a sign of a “coming storm of broke elderly,” a new study finds. The rate of people 65 and over filing for bankruptcy grew nearly 204 percent from 1991 to 2016, a study published by […]

NYU School of Medicine(NEW YORK) — New York University medical students received life-changing news on Thursday — the School of Medicine will cover full tuition going forward for all current and future students, regardless of need or merit. The stunning announcement was made Thursday morning at the end of the annual “White Coat Ceremony,” where […]

iStock/Thinkstock(NEW YORK) — A new report published Thursday by Consumer Reports found “concerning levels” of heavy metals including arsenic, cadmium and lead in some popular baby food products on the market. Consumer Reports says that they tested samples of 50 popular packaged baby food products for heavy metals including lead, cadmium and inorganic arsenic. They […]

Molly Hunter/ABC News(LONDON) — Now that’s what you call a happy meal. Imagine walking into a McDonald’s fast food restaurant to find white tablecloths, a string quartet playing, a smartly-dressed maître d’ to see you to your table, and a Michelin Star chef preparing burgers in the kitchen to be served to you on silver […]

iStock/Thinkstock(WASHINGTON) — As hundreds of families begin rebuilding after their homes were destroyed or damaged by the wildfires in California the Trump administration’s trade policies could increase the price tag for building new homes. More than 1,000 homes have been destroyed in the wildfires in California this year and hundreds more homes and buildings have […]

iStock/Thinkstock(NEW YORK) — It’s August, and if you feel like you’re stuck at the office while everyone else is on vacation, you’re actually not alone. American employees forfeited 212 million paid vacation days in 2017, the equivalent of more than $62 billion dollars lost in benefits, according to Project: Time Off, a coalition of organizations […]

iStock/Thinkstock(NEW YORK) — Wednesday is National Relaxation Day. If you are stuck at work and missing out on a spa day or reading at the beach, relax, literally. We’ve got you covered. “Good Morning America” turned to two experts for tips on how to relax while you’re at work. The good news is that relaxation […]

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