Business News

• TikTok, WeChat to be banned from US app stores starting Sunday September 18, 2020
  Anatoliy Sizov/iStockBy WILLIAM MANSELL and CATHERINE THORBECKE, ABC News (NEW YORK) -- Starting Sunday, downloads of the massively popular video app TikTok and the messaging app WeChat will be banned in the United States, the U.S. Department of Commerce announced Friday morning.The department said in a statement that the move was necessary to "safeguard the […]
• New Converse 'Mi Gente' capsule collection celebrates Latino heritage September 18, 2020
  ConverseBy JACQUELINE LAUREAN YATES, ABC News (NEW YORK) -- Converse is celebrating Latin Heritage Month with its latest line of kicks that draw inspiration from Puerto Rican, Dominican and Mexican cultures.The "Mi Gente" capsule collection includes festive versions of the brand's classic Chuck 70 and Chuck Taylor All Star sneakers."Created for and by the community, […]
• Disney Villains version of Monopoly now available September 18, 2020
  HasbroBy ZOE MOORE, ABC News (NEW YORK) -- Get ready to channel your dark side with Monopoly: Disney Villains Edition.This latest version of Monopoly allows players to channel their inner villain.The game from Hasbro and Disney allows players to become classic Disney Villains like Cruella, Jafar, Scar, Evil Queen, Maleficent and Hook."Imagine classic Disney villains […]
• Airline CEOs plead with White House for more aid as over 30,000 face furloughs September 17, 2020
  iStock/YacobchukOlenaBY: MINA KAJI and JORDYN PHELPS, ABC News(SEATTLE) -- Major U.S. airline CEOs are pleading with White House and Congressional leaders for more federal aid as more than 30,000 U.S. airline employees face furloughs in two weeks following the expiration of relief provided by the CARES Act.On Thursday the CEOs met with White House Chief […]
• 860,000 Americans filed for jobless claims last week September 17, 2020
  courtneyk/iStockBy CATHERINE THORBECKE, ABC News(WASHINGTON) -- Some 860,000 Americans lost their jobs and filed for unemployment insurance last week, the Labor Department said Thursday.The latest tally shows that new jobless claims have dipped significantly since peaking at 6.9 million in the last week of March. Still, it shatters the pre-pandemic weekly record set in 1982 […]