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Business

18-month-old Elf on the Shelf uses adorable photos to raise toys for kids in need

Megan Schott (NEW YORK) --  Many use the beloved holiday tradition of dressing their kids up as an Elf on the Shelf just for laughs. But one Nashville, Indiana, ...

Russian-speaking hackers stole about $10 million from US, Russian banks: report

iStock/Thinkstock (MOSCOW) -- A top cyber security firm says it has identified a previously unknown group of Russian-speaking hackers who have allegedly stolen at least $10 million from U.S. ...

Boy, 8, collects more than 1,000 toys for children of Puerto Rico

ABCNews.com (NEW YORK) -- This Christmas has been the season of giving, not getting, for an 8-year-old boy in New Jersey whose home has become a bit like Santa's ...

Lego wins copyright case against two Chinese companies

iStock/Thinkstock (NEW YORK) -- Lego has won its first copyright case in China, according to the company. The Danish toymaker said the case was against two Chinese companies that manufactured ...

Snow day cancels Six Flags' 'World Record' breaking snow fight

iStock/Thinkstock (JACKSON, N.J.) -- A Saturday showdown in New Jersey touted as the world’s largest snowball fight was abandoned after a Nor’easter dumped around 6-inches of snow.Six Flags Great ...

Spotify, Tencent to buy minority stakes in each other

iStock/Thinkstock (NEW YORK) -- The world's largest music streaming service and one of the most popular social platforms in China are investing in each other.Spotify and China's Tencent Music ...

Financial tips for upgrading a family vehicle as more families drive this holiday season

moodboard/Thinkstock (NEW YORK) -- A recent study found that Americans spend more time in their vehicles once school starts for their children and will continue to do so in ...

Facial recognition to become more accurate, companies will leverage machine learning to improve their products according to one expert

iStock/Thinkstock (NEW YORK) -- Companies are improving facial recognition technology and using machine learning to increase efficiency and make their products more user-friendly for consumers, according to CapTech Mobile ...

Famed Metropolitan Opera conductor James Levine calls sex abuse allegations 'unfounded'

iStock/Thinkstock (NEW YORK) -- Metropolitan Opera conductor James Levine responded Thursday for the first time since it was announced Sunday the New York City institution had suspended Levine as ...

Starbucks unveils 'Christmas Tree Frappuccino'

Starbucks (NEW YORK) -- For a limited time, Starbucks is offering a holiday-themed Christmas Tree Frappuccino.The coffee chain describes the drink as being "mocha and peppermint...blended with milk and ...

Wall Street rebounds with positive day

JaysonPhotography/iStock/Thinkstock (NEW YORK) -- After a few days of losses, Wall Street bounced back on Thursday as all three major indices finished in positive territory.The Dow Jones Industrial Average ...

GE Power announces plan to cut approximately 12,000 jobs

Photo by Michele Tantussi/Getty Images (BOSTON) -- General Electric Power announced plans to cut approximately 12,000 jobs on Thursday, citing lower demands for coal and fossil fuel.In a press ...

Writers for Hallmark share inspirations behind some of their Christmas cards

ABC News (LEAVENWORTH, Kansas) -- Christmas is just a few weeks away, but for two tiny towns in Kansas, workers have been preparing for the holiday like busy Santa ...

Mixed day on Wall Street despite encouraging news ahead of November jobs report

JaysonPhotography/iStock/Thinkstock (NEW YORK) -- Stocks lost steam following a mid-session rally as Wall Street got encouraging news ahead of the government jobs report this Friday.The Dow Jones Industrial Average ...

Wal-Mart Stores, Inc. to change legal name to Walmart to reflect growth of online shopping

Walmart (BENTONVILLE, Ark.) -- As part of a change designed to reflect its growing status as an multi-channel retailer, Walmart announced plans to change the company's legal name from ...

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