Category Archives: Business News – ABC Audio
Target pulls some Pride collection products following threats to store employees
Christopher Dilts/Bloomberg via Getty Images(NEW YORK) -- National retailer Target announced Tuesday it is pulling some of its Pride-themed merchandise from store displays and shelves following threat...
May 24, 2023
Stock market drop over debt ceiling could begin within days, experts said
Matteo Colombo/Getty Images(NEW YORK) -- The U.S. could breach the debt ceiling as soon as next week, plunging the stock market by nearly half if a protracted default ensues, according to a White Hous...
May 24, 2023
Netflix announces password sharing crackdown rollout in US
Oscar Wong/Getty Images(NEW YORK) -- Netflix announced Tuesday that it will begin to send emails to members who are sharing their account information outside of their households in the U.S. "A Netflix...
May 23, 2023
‘It’s not their money’: Older Americans worried debt default means no Social Security
Tetra Images/Getty Images(WASHINGTON) -- If the United States defaults on its financial obligations, millions of Americans might not be able to pay their bills as well. With Social Security and other ...
May 23, 2023
New HBO streaming service Max temporarily down on launch day
Jakub Porzycki/NurPhoto via Getty Images(NEW YORK) -- Max, a new streaming service from HBO, was temporarily down on Tuesday, the morning of its debut. Users reported an inability to access the stream...
May 23, 2023
The boycott against Bud Light is hammering sales. Experts explain why.
Natalie Behring/Getty Images(NEW YORK) -- Critics of Bud Light burned empty beer boxes and fired bullets at cans as part of an anti-trans backlash against the brand that erupted early last month. Sinc...
May 23, 2023
ExxonMobil sued over clerk who locked door in Detroit gas station shooting
Michael Godek/Getty Images(NEW YORK) -- A man injured in a deadly Detroit gas station shooting has filed a lawsuit against ExxonMobil alleging a clerk locked him and two other patrons in the station's...
May 23, 2023
Startup founder Charlie Javice pleads not guilty to fraud over sale to JPMorgan
Marilyn Nieves/Getty Images(NEW YORK) -- An entrepreneur accused of grossly exaggerating the value of her college financial planning startup, ahead of its sale to JPMorgan Chase, pleaded not guilty to...
May 23, 2023
Uber launches ride service for teens in 28 cities
ABC News(NEW YORK) -- Ride-sharing company Uber is launching a new service for teenagers in several major cities and ABC News' Good Morning America has an exclusive look with one family who has been t...
May 22, 2023
Meta fined $1.3 billion for violating European data privacy rules
CFOTO/Future Publishing via Getty Images(LONDON) -- Facebook’s parent company, Meta, was fined €1.2 billion, or about $1.3 billion, for failing to comply with the European Union’s pri...
May 22, 2023
