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RapidEye/Getty Images (NEW YORK) — Far-right conspiracy theorist Alex Jones filed for bankruptcy on Friday, less than two months after a Connecticut jury awarded almost $1 billion in damages to plaintiffs who accused Jones of committing defamation when he called the 2012 Sandy Hook Elementary School shooting a hoax. Jones, the host of Infowars, filed […]

Grace Cary/Getty Images, FILE (NEW YORK) — Gas prices nationwide have plunged to their lowest level since February as demand has dropped from peak summer travel season and the price of crude oil has fallen. Softening pain at the pump offers welcome relief for households battered by inflation that stands near a 40-year high. The […]

EThamPhoto/Getty Images (WASHINGTON) — Hundreds of thousands of rail workers stand on the brink of a strike that would snarl the nation’s supply chain, driving up prices for households already under strain and eventually leaving some store shelves bare, supply chain analysts and industry groups told ABC News. “Let me be clear: a rail shutdown […]

Micha Pawlitzki/Getty Images (WASHINGTON) — Hundreds of thousands of rail workers stand on the brink of a nationwide strike that would paralyze the U.S. supply chain and passenger rail service ahead of the busy holiday season. “Let me be clear: a rail shutdown would devastate our economy,” President Joe Biden said on Monday. “Without freight […]

Matt Anderson Photography/Getty Images (NEW YORK) — Historic protests across China over its zero-COVID policy battered U.S. stocks on Monday, highlighting a close link between the contentious Chinese measures and domestic economic conditions that could help determine whether the U.S. enters a recession. Residents in isolation in some regions say they’ve gone without sufficient food […]

Scott Olson/Getty Image (NEW YORK) — Elon Musk, the billionaire entrepreneur who owns Twitter, attacked Apple on Monday in a series of tweets hammering the tech giant for allegedly decreasing the amount of ads it displays on Twitter and threatening to remove the platform from its App Store. “Apple has mostly stopped advertising on Twitter,” […]

Tayfun Coskun/Anadolu Agency via Getty Images (NEW YORK) — Elon Musk, who admitted to overpaying for Twitter, cut workers at the social media platform almost immediately. In response, some of the axed employees want their day in court. Within days of the acquisition, Musk fired top executives and cut the company’s 7,500-person workforce in half. […]

EschCollection/Getty Images (NEW YORK) — The nation’s largest rail union on Monday voted down a tentative contract brokered by the White House, raising the possibility of a nationwide strike next month that could cripple the U.S. economy. The SMART Transportation Division, or SMART-TD, which represents about 28,000 conductors, rejected the contract in a vote that […]

Justin Sullivan/Getty Images (SAN JOSE, Calif.) — Elizabeth Holmes, the founder of shuttered blood testing company Theranos, is set to be sentenced on Friday for defrauding investors. The sentencing marks the latest development in a legal saga that has turned the former billionaire entrepreneur into an emblem of Silicon Valley malfeasance. Holmes faces a sentence […]

NurPhoto/Getty Images (NEW YORK) — Amazon’s layoffs will continue into the new year, CEO Andy Jassy said in a new memo Thursday. The announcement comes a day after the tech company began layoffs of workers on its devices team, which focuses on products like its voice-operated Alexa, according to a memo from Dave Limp, senior […]