Category Archives: Business News – ABC Audio
DOJ joins investigation of Southwest's holiday flight meltdown: Was schedule 'unrealistic'?
E4C/Getty Images(WASHINGTON) -- The Department of Justice has joined an investigation led by the Department of Transportation into Southwest Airlines' meltdown in December -- when the company canceled...
Apr 25, 2023
Twitter revives blue checkmark for some celebrities, including dead ones
Christopher Furlong/Getty Images(NEW YORK) -- Twitter reversed a major change to its subscription policy over the weekend by reverifying some legacy accounts, including ones belonging to dead celebrit...
Apr 24, 2023
Bed Bath & Beyond files for Chapter 11 bankruptcy
ABC News(NEW YORK) -- Bed Bath & Beyond filed on Sunday for Chapter 11 bankruptcy. The company's 360 stores -- along with its 120 buybuy BABY stores -- are expected to remain open as the retailer ...
Apr 23, 2023
Facebook users can now claim their share of a $725M privacy settlement. Here's how
Teera Konakan/Getty Images(NEW YORK) -- Facebook users who had an account at any time from May 2007 to the end of last year can now apply for their share of a $725 million privacy settlement that the ...
Apr 22, 2023
Twitter removes blue check marks from legacy verified accounts
Christopher Furlong/Getty Images(NEW YORK) -- Twitter on Thursday began removing blue check marks from legacy verified accounts. Elon Musk, the CEO of the social media platform, had announced earlier ...
Apr 21, 2023
19 attorneys general call on feds to recall some Kia and Hyundai models
Seung-il Ryu/NurPhoto via Getty Images(NEW YORK) -- 19 attorneys general are asking for the initiation of a recall of Kia and Hyundai car models that lack anti-theft controls. In recent months, K...
Apr 20, 2023
Why stock prices are rising and what experts say comes next
Jackyenjoyphotography/Getty Images(NEW YORK) -- High inflation, interest rate hikes and recession worries pummeled stocks last year. The market has rebounded in 2023, though, even as each of thos...
Apr 20, 2023
Elon Musk slams AI ‘bias’ and calls for ‘TruthGPT.’ Experts question his neutrality.
Carol Yepes/Getty Images(NEW YORK) -- Billionaire entrepreneur Elon Musk announced plans this week to create an AI-driven conversation tool called "TruthGPT," after criticizing the popular AI text bot...
Apr 20, 2023
Facebook parent Meta to slash 10,000 employees
Rafael Henrique/SOPA Images/LightRocket via Getty Images(SAN FRANCISCO) -- Facebook-parent Meta began laying off workers on Wednesday as part of its latest round of job cuts announced in March, t...
Apr 19, 2023
US charges alleged Hezbollah financier with evading sanctions through art and diamonds
RapidEye/Getty Images(WASHINGTON) -- The Justice Department on Tuesday charged a Hezbollah financier and eight others with evading sanctions and laundering almost $160 million, in some cases through a...
Apr 19, 2023
