Category Archives: Business News – ABC Audio
What to know about planning and pricing for domestic, international destinations as summer travel interest soars
Greg Bajor/Getty Images(NEW YORK) -- Airlines are already booking up for getaways abroad this summer and as Americans finalize travel plans, there are some important things to keep in mind. With 75% o...
Apr 14, 2023
Boycotts rarely work, experts say amid Bud Light anti-trans backlash
Daniel Acker/Bloomberg via Getty Images(NEW YORK) -- Fresh calls to boycott Bud Light volley across social media nearly two weeks after a product endorsement from Dylan Mulvaney, a transgender influen...
Apr 14, 2023
Startup founder's alleged $175 million fraud spotlights inequality in finance, experts said
IronHeart/Getty Images(NEW YORK) -- JPMorgan Chase trumpeted its $175 million acquisition of a college financial planning company called Frank in 2021, boasting that the firm served more than five mil...
Apr 13, 2023
Fed staff expects banking crisis to cause a recession this year
Bloomberg Creative/Getty Images(WASHINGTON) -- The Federal Reserve's staff is more worried about the U.S. economy tipping into a recession after the recent banking crisis, the minutes from the central...
Apr 13, 2023
Official calls on Meta, Mattel to do more to get Fisher-Price Rock 'n Play sleepers off the market
CPSC(NEW YORK) -- The head of the government agency that oversees recalls is making an urgent plea when it comes to getting a recalled baby product off the market. Alexander Hoehn-Saric, chair of the ...
Apr 13, 2023
Whole Foods closes flagship San Francisco store over employee safety concerns
Justin Sullivan/Getty Images(SAN FRANCISCO) -- Whole Foods is temporarily closing a large store in downtown San Francisco due to concerns over employee safety, the company said on Wednesday. The ...
Apr 12, 2023
NPR leaves Twitter amid dispute over labeling
RiverNorthPhotography/Getty Images(NEW YORK) -- NPR will stop sharing content on Twitter, the company announced Wednesday -- a rebuke of certain labels the social media platform attached to the n...
Apr 12, 2023
Juul to pay $462 million settlement for 'central role in the youth vaping epidemic,' AGs say
Mario Tama/Getty Images(NEW YORK) -- Several attorneys general announced a new $462 million settlement from e-cigarette manufacturer JUUL Labs on Wednesday. The settlement is the largest multista...
Apr 12, 2023
Price hikes slowed significantly in March
Javier Ghersi/Getty Images(NEW YORK) -- Consumer prices rose 5% last month compared to a year ago, extending a months-long slowdown of price increases as the Federal Reserve aims to bring inflation do...
Apr 12, 2023
Mom files complaint, claims airline refused to accommodate son's peanut allergy
Courtesy of Lianne Mandelbaum(NEW YORK) -- A New Jersey mom is speaking out after she claims United Airlines staff refused to accommodate her son's "life-threatening" peanut allergy during a recent fl...
Apr 12, 2023
