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Deloitte to shutter four offices as COVID-19 propels remote work

By CATHERINE THORBECKE, ABC News(LONDON) -- The multinational consulting giant Deloitte is proposing shuttering four office buildings in the U.K. but keeping all staff on work-from-home contracts, the company told ABC News Monday.The coronavirus pandemic ushered in a sudden, massive work-from-home experiment for much of the private sector. Now more…... Read More

Fighting back against pandemic, AMC offering theater rentals for $99

By IVAN PEREIRA, ABC News(NEW YORK) -- As indoor entertainment venues continue to struggle against the coronavirus pandemic, AMC Theaters announced this weekend it's got a special offer for moviegoers looking to see some of their favorite flicks on the big screen.And they won't have to worry about getting the…... Read More

What social media giants are doing to counter misinformation this election

BY: CATHERINE SANZ and CATHERINE THORBECKE(WASHINGTON) -- In the run-up to the 2020 presidential election, some of the most popular social media platforms have introduced new measures to curb misinformation, increase transparency and try to bolster the integrity of the democratic process this time around.These updates -- which some experts…... Read More

'Intoxicating': These new cars offer what no Tesla can

BY: MORGAN KORN, ABC NEWS (NEW YORK) — The internal combustion engine is dead. Wait. Not so fast. Even with the global push for electrified drivetrains and ever-smaller displacement turbocharged engines, automakers are unveiling new vehicles with naturally aspirated engines. These engines deliver a more analog and satisfying experience to…... Read More

Vaccine company Vaxart faces federal investigation for allegedly exaggerating role in Operation Warp Speed

BY: ARIELLE MITROPOULOS, ABC NEWS (NEW YORK) — Vaccine company Vaxart faces federal investigation for allegedly exaggerating role in Operation Warp SpeedBy ARIELLE MITROPOULOS, ABC NewsVaxart, a small California biotechnology working on a COVID-19 vaccine, is now being investigated by the government and sued by investors for allegedly exaggerating its…... Read More

Faster development of COVID-19 vaccine could raise global incomes by $9 trillion, IMF says

By CATHERINE THORBECKE, ABC News(WASHINGTON) -- The head of the International Monetary Fund implored the international community to cooperate in developing and distributing a COVID-19 vaccine, saying that speeding up a global economic recovery could add some $9 trillion to global incomes over the next five years."The value of cooperation…... Read More

Bernie Sanders, Elizabeth Warren demand answers from Amazon over employee surveillance allegations

By CATHERINE THORBECKE, ABC News(WASHINGTON) -- A coalition of Democratic senators sent a letter to Amazon CEO Jeff Bezos, pressing the company for answers over allegations that it "unethically" tracks and monitors its employees to suppress efforts to form a union.Senators Brian Schatz (D-Hawaii), Elizabeth Warren (D-Mass.), Kirsten Gillibrand (D-N.Y.),…... Read More

Latina women face unemployment challenges amid COVID-19

By KIARA BRANTLEY-JONES (NEW YORK) -- Sandra, a 28-year-old mother of two, spends her mornings taking care of her children and supporting their at-home learning. Their school district provided computers for remote learning as the COVID-19 pandemic made in-person schooling a health risk for students and families alike.But that's not…... Read More

Starbucks to tie executive compensation to meeting its diversity goals

By CATHERINE THORBECKE, ABC News(SEATTLE) -- Starbucks announced a bold new measure to achieve its diversity goals, saying it would directly connect the building of inclusive and diverse teams to the pay of its executives."We will hold ourselves accountable at the highest levels of the organization, connecting the building of…... Read More

Weekly unemployment filings tick up to 898,000 last week

By CATHERINE THORBECKE, ABC News(WASHINGTON) -- The Labor Department said Thursday that another 898,000 people filed jobless claims last week, highlighting how new layoffs are persisting at historical highs more than six months since the start of the COVID-19 pandemic.Last week's initial unemployment claims tally also shows a concerning spike…... Read More

Woman pays off $300,000 in debt in three years with five-step program

By SARA RUSSELL and ANGELINE JANE BERNABE, ABC News(NEW YORK) -- For those facing a mountain of debt, the burden can seem daunting, embarrassing and impossible to tackle.And while many across the country have debt from student loans, credit cards or other sources, the situation can feel overwhelming, especially if…... Read More

Sephora's Holiday Savings Event starts Oct. 30: Everything you need to know

By JACQUELINE LAUREAN YATES, ABC News (NEW YORK) -- Retailers have been launching huge sales events left and right, and Sephora just added its name to that lineup.On Tuesday, the company announced Sephora's Holiday Savings Event beginning on Oct. 30.The event will be open to those who have a Beauty…... Read More

Ghost pepper donut debuts at Dunkin'

By KELLY MCCARTHY, ABC News (NEW YORK) -- Tastebuds beware ... Dunkin's new spicy ghost pepper donut has arrived and it's bringing the heat.The spicy trend is still going strong, from spicy chicken nuggets and sandwiches to tacos and more popping up on menus across the country, and now Dunkin'…... Read More

Facebook to crack down on ads that discourage vaccines

By CATHERINE THORBECKE, ABC News(NEW YORK) -- Facebook announced a new policy that prohibits advertisements on the platform that discourage people from getting vaccines, as part of a new effort to encourage people to get flu shots amid the COVID-19 pandemic."We don't want these ads on our platform," Kang-Xing Jin,…... Read More