Category Archives: Business News – ABC Audio

ABC News(NEW YORK) -- Sam Bankman-Fried on Monday sought to dismiss most of the criminal charges he faces in connection with the collapse of FTX, the crypto exchange he founded. Bankman-Fried filed a ...

ABC News(KEMMERER, Wyo.) -- TerraPower, founded by billionaire and Microsoft co-founder Bill Gates in 2008, is opening a new nuclear power plant in Kemmerer, Wyoming. The plant will be the first of it...

EllenMoran/Getty Images(WASHINGTON) -- President Joe Biden and Transportation Secretary Pete Buttigieg on Monday plan to announce a new rulemaking process to look at requiring airlines to compensate p...

Catherine McQueen/Getty Images(NEW YORK) -- McDonald's customers are more reluctant to add fries to their order, grocery shoppers are less willing to swallow the elevated price of Unilever mayonnaise ...

Stellantis(NEW YORK) -- The Jeep Wrangler can ford rivers, crawl over boulders, traverse deserts and blaze through uncharted territory. Fierce yet affordable, the humble 4X4 has long been the go-...

STOCK PHOTO/Getty Images(NEW YORK) -- When it comes to the password habits of Americans, there's some room for improvement. But some tech companies are hoping a new security technology known as a...

Douglas Sacha/Getty Images(NEW YORK) -- A better-than-expected jobs report on Friday defied interest rate hikes that aim to slash inflation by cooling the economy. Instead, the U.S. added 253,000 jobs...

PLEZi(NEW YORK) -- Former first lady Michelle Obama has announced her latest venture, PLEZi Nutrition, aimed at creating healthy food and beverage options for parents to give "healthier, great-tasting...

Morgan Lieberman/Bloomberg via Getty Images(LOS ANGELES) -- Shares of PacWest Bancorp plunged more than 50% in early trading on Thursday, marking the latest spasm of financial distress after three of ...

Westend61/Getty Images(WASHINGTON) -- The Biden administration will support public assessments of generative AI systems like ChatGPT to educate the public about whether these new systems align with th...