Business

Drew Angerer/Getty Images
May 19, 2020 - 8:09 am
By SOO RIN KIM and KATHERINE FAULDERS, ABC News (WASHINGTON) -- President Donald Trump's newly appointed vaccine czar, Moncef Slaoui, plans to divest his equity holdings in a company leading the coronavirus vaccine development effort, the Department of Health and Human Services told ABC News on...
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Treasury Secretary Steven Mnuchin speaks during a meeting with restaurant industry executives about the coronavirus response, in the State Dining Room of the White House, Monday, May 18, 2020, in Washington. (AP Photo/Evan Vucci)
SKY News
May 19, 2020 - 3:01 am
WASHINGTON (AP) — Treasury Secretary Steven Mnuchin will likely come under tough questioning from senators Tuesday about a small business lending program included in the government's $2 trillion relief package. Lawmakers from both parties have criticized the Payroll Protection Program, which...
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A woman wearing face mask walks past a bank electronic board showing the Hong Kong share index Tuesday, May 19, 2020. Asian shares rose Tuesday on optimism about a potential vaccine for the coronavirus after hopes for a U.S. economic recovery in the second half of the year sent Wall Street into a rebound. (AP Photo/Vincent Yu)
SKY News
May 19, 2020 - 12:09 am
TOKYO (AP) — Asian shares rose Tuesday on optimism about a potential vaccine for the coronavirus after hopes for a U.S. economic recovery in the second half of the year sent Wall Street into a rebound. Japan's benchmark Nikkei 225 added 1.9% in morning trading to 20,517.42. Australia's S&P/ASX...
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iStock/Natalie_magic
May 18, 2020 - 5:10 pm
By: KELLY MCCARTHY, ABC News (BERLIN) -- Restaurants are slowly beginning to welcome back diners after putting new social distancing rules in place due to the coronavirus pandemic. And many eateries have come up with bizarre, but effective ways to keep parties at least six feet apart. Some owners...
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May 18, 2020 - 1:52 pm
By CATHERINE THORBECKE, ABC News (NEW YORK) -- A record high number of female CEOs are at the helm of companies on this year's Fortune 500 list. The number of businesses with female leaders that made this year's ranking of the top 500 U.S. companies by revenue climbed to 37 this year, a slight bump...
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stockcam/iStock
May 18, 2020 - 9:46 am
By GMA Team, ABC News (NEW YORK) -- Instagram has launched a new tool to help users find reliable, accurate information on topics including mental health and wellness. The new mobile-only tool, called Guides, shows Instagram users tips and resources from a variety of publishers, including ABC News...
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May 18, 2020 - 9:37 am
By JEANETTE TORRES-PEREZ, ABC News (NEW YORK) -- Nike will begin opening its stores across the U.S. this week after closing its doors due to the coronavirus pandemic. The sportswear retailer says it will go to “great lengths” to make sure its employees and customers are safe when its stores reopen...
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iStock/MATJAZ SLANIC
May 17, 2020 - 1:37 pm
By: MORGAN KORN, ABC News (NEW YORK) -- Electric vehicles have always been a tough sell with Americans. They're more expensive, require a different mindset and the inability to quickly recharge on the road has led to severe range anxiety. Demand for these battery-powered vehicles was weak even...
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May 16, 2020 - 11:09 am
BY: LEIGHTON SCHNEIDER AND MICHAEL DOBUSKI, ABC NEWS (NEW YORK) — Imagine going to work. If you work in an office building, you probably have to go through the front doors, maybe past a security desk. You might even get on an elevator. You may pick up some coffee or tea in the break room and say hi...
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Wendy Reynolds
May 16, 2020 - 9:17 am
BY: JINSOL JUNG, HALLEY FREGER AND ALEXANDRA MYERS, ABC News (NEW YORK) — As restrictions around the coronavirus caused restaurants across the country to halt dine-in service, many people staying at home turned to food delivery apps. Wendy Reynolds, a 34-year-old food delivery driver in Elkhart,...
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