Business News

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Level Airlines(NEW YORK) — When Erin Levi booked a $179 one-way flight to Paris on Level airlines for a friend’s wedding a few weeks ago, she joked that it was too good to be true. It was. When the travel writer arrived at Newark Airport on Sept. 9, she couldn’t find her gate — it […]

DAVID MCNEW/AFP/Getty Images(HAWTHORNE, Calif.) — SpaceX announced on Monday night that its first moonshot passenger will be Yusaku Maezawa, a billionaire estimated by Forbes to be the 18th-richest person in Japan. He’ll be the first private passenger to visit the moon in the company’s much hyped Big Falcon Rocket — if the launch happens. “I […]

Mark Brake/Getty Images(NEW YORK) — Elon Musk was sued on Monday for defamation by a British diver he accused of being a “pedo.” A lawyer for the diver, Vernon Unsworth filed a lawsuit against the SpaceX and Tesla Founder, over tweets Musk sent during the rescue of a Thai boys soccer team in June and […]

ABC News(NEW YORK) — Brit Morin is the force behind the popular digital media and e-commerce company Brit + Co., a go-to destination for millennial women looking for DIY tips and other information on health, beauty, food, fashion, relationships and more. Recently named by Inc. as one of the most creative entrepreneurs of 2018, Morin […]

Amazon(SEATTLE) — Amazon is investigating reports that employees have offered to disclose private sales data and delete negative consumer reviews in exchange for cash. An Amazon spokesperson told ABC News on Monday that the company launched an internal probe in light of a report in The Wall Street Journal that claimed employees may have sold […]

Scott Olson/Getty Images(NEW YORK) — Ten years after the financial crisis caused millions of Americans to lose their jobs, houses or both, the head of the nation’s largest bank said he knows many people remain angry at banks. JPMorgan Chase CEO Jamie Dimon told ABC News’ Rebecca Jarvis that some in the public see it […]

iStock/Thinkstock(NEW BERN, N.C.) — As Hurricane Florence clobbers the Carolinas, millions of residents have evacuated, leaving thousands of homes and businesses empty, including an especially attractive target for looters: gun stores. The Carolinas are home to more than 3,300 federally licensed firearms dealers, but with law enforcement stretched thin during the storm and its aftermath, […]

iStock/Thinkstock(NEW YORK) — U.S. businesses ranging from Tesla to Amazon to breweries both large and small have stepped in to offer help to victims of Hurricane Florence. Anheuser-Busch is sending more than 300,000 cans of drinking water in six truckloads to North Carolina, South Carolina, and Virginia from its brewery in Cartersville, Georgia, the company […]

iStock/Thinkstock(NEW YORK) — Ten years ago this week, as the nation’s subprime mortgage crisis deepened, Lehman Brothers submitted the largest bankruptcy filing in U.S. history — a flashpoint in the country’s worst financial downturn since the Great Depression. The firm was heavily involved in subprime mortgage lending. As people began to default on their loan […]

American Cajun Navy(NEW YORK) — If people stranded in the middle of Hurricane Florence are unable to contact official first responders, there’s an app that might be able to help them. CrowdSource Rescue, a free app built to connect volunteers and emergency personnel with those in need, helped tens of thousands of people stranded during […]

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