Business

Jon Challicom/Getty Images (NEW YORK) — Chevrolet is saying bye-bye to the Bolt. The Chevy Bolt hatchback, as well as its crossover Bolt EUV sibling, will cease production this year, General Motors has confirmed to ABC News. The Bolt starts at just under $27,000 before federal and state electric vehicle incentives, making it the cheapest […]

Anton Petrus/Getty Images (NEW YORK) — Shares of First Republic Bank plummeted more than 25% in early trading on Tuesday as the banking crisis continued to ripple through the financial system. The regional lender, left in dire condition after the failure of Silicon Valley Bank last month, suffered a major loss of $102 billion in […]

Mattel (NEW YORK) — Barbie is marking a new first in the doll’s 64-year history. On Tuesday, Mattel unveiled the first-ever Barbie doll with Down syndrome. The new Barbie was created through a partnership between Mattel and the National Down Syndrome Society, which describes itself as “the leading human rights organization for all individuals with […]

E4C/Getty Images (WASHINGTON) — The Department of Justice has joined an investigation led by the Department of Transportation into Southwest Airlines’ meltdown in December — when the company canceled more than 16,000 flights over an 11-day period — a DOT spokesperson said. The DOT’s probe is looking into “whether Southwest engaged in unrealistic flight scheduling […]

IronHeart/Getty Images (NEW YORK) — Tech giant Apple last week announced a buzzy product release — but it wasn’t a new version of its iPhone or virtual reality headset. Rather, the company offered its first ever high-yield savings account. The move reflects growing demand for returns on savings as a topsy-turvy stock market, looming recession […]

Christopher Furlong/Getty Images (NEW YORK) — Twitter reversed a major change to its subscription policy over the weekend by reverifying some legacy accounts, including ones belonging to dead celebrities like Michael Jackson and Kobe Bryant. The Elon Musk-owned social media platform last week removed blue checkmark verification from its legacy users as part of revamp […]

ABC News (NEW YORK) — Bed Bath & Beyond filed on Sunday for Chapter 11 bankruptcy. The company’s 360 stores — along with its 120 buybuy BABY stores — are expected to remain open as the retailer begins its bankruptcy restructuring, according to a statement released Sunday. Online sales are also expected to continue. Sue […]

Teera Konakan/Getty Images (NEW YORK) — Facebook users who had an account at any time from May 2007 to the end of last year can now apply for their share of a $725 million privacy settlement that the platform’s parent company, Meta, agreed to last December. In a 2018 lawsuit, Facebook was accused of improperly […]

Christopher Furlong/Getty Images (NEW YORK) — Twitter on Thursday began removing blue check marks from legacy verified accounts. Elon Musk, the CEO of the social media platform, had announced earlier this month that the checks marks would be taken down on April 20. Final date for removing legacy Blue checks is 4/20 — Elon Musk […]

Seung-il Ryu/NurPhoto via Getty Images (NEW YORK) — Eighteen attorneys general are asking for the initiation of a recall of Kia and Hyundai car models that lack anti-theft controls. In recent months, Kia and Hyundai models manufactured between 2011 and 2022 have seen increasing rates of theft following social media challenges urging people to steal the […]