ABC News is undergoing a major executive shake-up as part of company-wide layoffs at Walt Disney Co.

Several top managers with decades of experience were among the people inside ABC News who were cut Thursday, according to people who were familiar with the details but not authorized to discuss them publicly. The high-level cuts sent shock waves...Read more

Tesla Inc. is looking to build a battery plant in the U.S., according to people familiar with the matter, in what would likely be a controversial arrangement with China’s dominant electric-vehicle battery manufacturer.

The EV maker discussed plans involving Contemporary Amperex Technology Co. Ltd. with the White House in recent days, said the...Read more

Publix is heading into Kroger country with an expansion to Kentucky this year, but industry experts say they don’t see the Florida grocery giant expanding far beyond the Southeast anytime soon.

Lakeland, Florida-based Publix’s growth into its eighth state will start with a Louisville store expected to be completed during the last part of ...Read more

In the weeks after Elon Musk acquired Twitter Inc., hundreds of advertisers paused spending on the platform, wary of the changes the mercurial billionaire might bring to the social media platform. Months later, many still haven’t returned, despite efforts by Twitter’s sales team to woo them back with steep discounts and new safety tools.

...Read more

Did you really believe that Florida's arrogant, petty, childish Gov. Ron DeSantis would get the better of Walt Disney Co. in their fight over Disney's supposed "wokeness"?

If so, you don't know your Disney.

DeSantis handpicked a board of cronies to take over control of Reedy Creek Improvement District — the quasi-governmental entity that ...Read more

Disney’s lowest-paid full-time workers will earn at least $18 an hour this year under a contract union members overwhelmingly approved Wednesday.

In a one-day poll, 97% percent of the over 12,500 workers who voted supported a contract proposal that will raise Disney’s minimum wage for full-time workers from $15 to $17 an hour immediately. ...Read more

Over the past two years, a drumbeat of calls for reforming the World Bank has pushed its way onto the front pages of major newspapers and the agenda of heads of state.

Many low- and middle-income countries – the population the World Bank is tasked with helping – are falling deeper into debt and facing growing costs as the impacts ...Read more

PORTLAND, Oregon — Dick Anderson, a Republican state senator from coastal Oregon, has a chart and a readymade joke to illustrate the housing crisis facing his state. Up until 2006, his figures show, home building was on an upward trajectory in Oregon. But once he retired from a career in housing finance in 2006, the numbers plummeted.

"From ...Read more

From certain places on Darrel Sweet’s ranch near Altamont Pass in California's Diablo Range, the world looks no different than it did 150 years ago. Wildflowers blanket the hillside. A ranch dog named J.J. chases squirrels across a muddy dirt track. Cows stand near a cattle pond, looking out at a range of rolling hills that seem to act as a ...Read more

The House of Mouse? Think a whole lot bigger.

Officials last week released fresh details about the first Storyliving by Disney project in Riverside County, California, an ambitious effort to infuse a master-planned community with the Burbank entertainment giant's trademark whimsy and wonder.

Among the newly unveiled features of the in-the-...Read more

Max Gardner and his wife, Artyn, decided to sell their home in Irvine and move to Balboa Island eight years ago because they wanted something more than a comfortable place to live. They were hunting for a lifestyle.

On this tony man-made island in Newport Beach, California, stately homes with street-facing patios are clustered together on ...Read more

A federal court judge has lambasted Google for deceptive tactics in a high-stakes court case, with California Attorney General Rob Bonta also attacking the technology behemoth for “egregious behavior.”

The judge’s excoriation came in a multi-lawsuit legal action involving dozens of states, including California, accusing the Mountain View,...Read more

Minnesota-based agribusiness Cargill said it will stop exporting Russian grains sourced by the company by the middle of this summer.

"(A)s grain export-related challenges continued to mount, Cargill will stop elevating Russian grain for export in July 2023 after the completion of the 2022-2023 season," the company said in a statement.

"...Read more

COVINGTON, Georgia — In a reused half-century-old factory about an hour east of Atlanta, a Massachusetts company is on the front lines of expanding the American electric vehicle supply chain. And it all starts with recycling.

Ascend Elements’ new facility near Covington Municipal Airport takes spent lithium-ion batteries and scrap from EV ...Read more

Walt Disney Co. has bounced Marvel Entertainment chairman Isaac "Ike" Perlmutter.

The 80-year-old comics titan, who has long been a prickly presence within the Burbank entertainment company, got swept up in a broad cost-cutting move that began earlier this week. Disney confirmed Wednesday that Perlmutter had received his pink slip.

When Disney...Read more

Inflation needs to be brought under better control before the Federal Reserve starts reversing its monetary policy of boosting interest rates, a Miami-based regional executive with the Federal Reserve Bank of Atlanta said Tuesday, during a regional economic summit at Key Biscayne.

The U.S. Consumer Price Index, or CPI, in February was 6% over ...Read more

The Seattle City Council voted unanimously Tuesday to permanently give most gig workers paid sick leave and paid safe time, the latest in the expansion of labor rights for app-based workers, and the first statute of its kind nationally.

The vote broadens and cements the pandemic-era policy that previously allowed food delivery workers to accrue...Read more

Big technology companies won a major court victory in Washington, where a judge dismissed a suit challenging the rights of highly skilled H-1B visa holders’ spouses to work in the U.S.

U.S. District Judge Tanya Chutkan on Tuesday issued a decision upholding the Obama-era rule under which the U.S. Department of Homeland Security has issued H-4...Read more