Business News



KFOR provides you the lastest business news from ABC.

A   A   A
Share

Airlines Profits Soaring


iStock Editorial/Thinkstock(NEW YORK) -- The nation's airlines are flying high -- maybe higher than they ever have before.Several carriers, including American, Alaska, Southwest, and JetBlue Airlines posted record third-quarter profits Thursday. Even Unit

Holiday Shoppers May Be Wary of Compromised Retailers


Target(NEW YORK) -- All signs are pointing to a profitable 2014 holiday season for retailers but an unfortunate sign of the times is that hackers also profit from getting the credit and debit card information of shoppers.That’s probably not going to

Three Ways Your Smartphone Can Help You Get Out of Debt


iStock/Thinkstock(NEW YORK) -- Thomas and Megan Sneed’s daughter, Nora, is growing fast, but so are their bills.“We’re like a lot of people. We graduated with college debt, we put our honeymoon on our credit card and then a year after b

Air New Zealand Releases 'Most Epic Safety Video Ever Made'


iStock/Thinkstock(NEW YORK) -- As the "official airline of Middle-earth," Air New Zealand would naturally want to capitalize on the final movie in The Hobbit trilogy, scheduled to be released in December.The theatrical release of The Hobbit: The Battle of

Nasdaq and S&P Have Best Day Since January 2013


iStock/Thinkstock(NEW YORK) -- Strong earnings helped the markets soar on Thursday.The Dow Jones Industrial Average went up 216.58 points, closing at 16,677.90.Thursday was the best day for the Nasdaq and the S&P 500 since January 2013. The Nasdaq gai

Facebook Launches Pseudo-Anonymous App 'Rooms'


iStock Editorial/Thinkstock(NEW YORK) -- What happens when a bunch of people gather under the cloak of pseudo-anonymity in a virtual chat room? With the launch of Facebook's new "Rooms" app, the world is about to find out.The chat room and message board h

How to Get Away with Identity Theft


Courtesy AARP(NEW YORK) -- There’s no better way to ask how someone’s identity can be stolen than by asking an identity thief.So that’s exactly what Doug Shadel did. He’s a former fraud investigator and current Senior State Directo

How Google's New 'Inbox' Could Change Email Forever


Google(NEW YORK) -- Google is rethinking email with "Inbox," a product that promises to keep users from drowning in an overflowing inbox.Working as a complement to Gmail, the product is geared toward a mobile audience and is designed to bring peace and or

What's Different About the New iPad Mini


Apple(NEW YORK) -- The new iPad Mini has arrived.The device comes equipped with Apple's Touch ID, allowing users to take advantage of the new Apple Pay feature. It also comes with a gold finish option and the brand new iOS 8.1.Other than that, there's not

Mark Zuckerberg Puts the Rest of Us to Shame by Speaking Fluent Chinese


Justin Sullivan/Getty Images(BEIJING) — How do you say "wow" in Chinese?If you ever need shaming into keeping up with a New Years' resolution, look no further than the example set by Facebook CEO Mark Zuckerberg.While many spend hours each day scrol

Jobless Claims Climb to 283K


iStock/Thinkstock(WASHINGTON) -- Jobless claims were higher last week, increasing by 17,000, according to the latest figures released Thursday by the Labor Department.For the week ending Oct. 18, the number of people filing for benefits jumped to 283,000.

The Very Very High Price of Traffic in the US


iStock/Thinkstock(NEW YORK) -- You think traffic has gotten worse than it used to be? You're absolutely right, according to a survey by the traffic data company INRIX.But it's not just time Americans are wasting sitting stuck on the roads, it's money -- a

Are Overweight Women Disadvantaged in the Workplace?


Creatas/Thinkstock(NASHVILLE, Tenn.) -- Overweight women may have a compelling case about being mistreated and discriminated against in the workplace based on a disturbing study out of Vanderbilt Law School.Study author Jennifer Shinall, assistant profess

Why Kids Keep Getting Stuck in Claw Toy Machines


iStock/Thinkstock(NEW YORK) -- Like a moth attracted to the flame, kids just can't seem to keep their tiny bodies out of toy claw machines. The latest incident started when 18-month-old Colin Lambert climbed into the game in Maryville, Tennessee, while hi

How Police Say Two Women Almost Got Away With Stealing at Least 6 Houses


iStock/Thinkstock(PRINCE GEORGES COUNTY, Md.) -- When Laverne Green and her husband divorced, she moved out of their Prince Georges County, Maryland, townhouse, but she still stopped by weekly.In May 2013, Green was shocked to discover that someone had st

Little League Champ Mo'ne Davis Stars in New Chevrolet Commercial


iStock/Thinkstock(NEW YORK) --  Little League star Mo'ne Davis is back in the spotlight, starring in a new Chevrolet ad that aired during Game 1 of the World Series.And the pint-sized pitcher is still out to prove that throwing like a girl is a good

After Two Days of Gains, Dow Falls Over 100 Points


iStock/Thinkstock(NEW YORK) -- After two days of gains, the Dow Jones Industrial Average fell over 100 points on Wednesday.The Dow lost 153.49 points, closing at 16,461.32.The Nasdaq went down 36.63 points to 4,382.85, while the S&P 500 dropped 14.17

Feds: Our Bad, Millions More Air Bags Could Be Dangerous


iStock/Thinkstock(WASHINGTON) -- Federal officials say a previous count of the number of vehicles that could be loaded with defective air bags came up short by more than three million, and the government website drivers could use to see if their individua

What You Need to Know About Health Care Open Enrollment


Steve Hamblin/Fuse/Thinkstock(NEW YORK) -- The stakes are higher for picking your health care insurance this year, whether choosing employer-sponsored plans or health exchange coverage.An individual must have some kind of coverage or pay the individual ma

Apple Issues Security Warning over Attacks on iCloud Users


Justin Sullivan/Getty Images(NEW YORK) -- Apple said it is aware of "intermittent" attacks on iCloud users and is urging users to take precautions to make sure their private information stays safe.The new security bulletin comes as reports have emerged th

Feds: Our Bad, Millions More Airbags Could Be Dangerous


iStock/Thinkstock(WASHINGTON) -- Federal officials say a previous count of the number of vehicles that could be loaded with defective airbags came up short by more than three million, and the government website drivers could use to see if their individual

"Back to the Future" Today? Inventor Raises Funds for Hoverboard


(NEW YORK) -- Admit it. Didn’t you always want Marty McFly’s gravity-defying hoverboard from Back to the Future Part II? Well, today, the future may just be here.Just in time for the 25th anniversary of the time travel classic film, Greg Hende

Shoppers Have a New Way to Save Money at Walmart


Daniel Aguilar/Getty ImagesBy Elisabeth Leamy(NEW YORK) --- Retail behemoth Walmart has introduced an online tool likely to delight customers and frighten competitors: the Savings Catcher comparison tool. The tool allows Walmart shoppers to see if they co

Toys 'R' Us Confirms It's Pulled "Breaking Bad" Action Figures


Frank Ockenfels 3/AMC(NEW YORK) -- Toys 'R' Us has announced it's pulled Breaking Bad action figures from its stores and its website, after an online petition garnered national attention.The toy store chain confirmed Tuesday on Twitter, "Let's just say, t

Many Rush Through New Health Insurance Selection


Daniel Aguilar/Getty Images(MANHATTAN, Kan.) -- It might only take 15 minutes to save money on car insurance, as one commercial states, but people ought to spend more time than that selecting health insurance.However, Kansas State University community hea