Category Archives: Business News – ABC Audio
The Laundress recalls more laundry products over carcinogen concern
Consumer Product Safety Commission(NEW YORK) -- The Laundress is recalling hundreds of thousands of laundry products four months after issuing a separate recall of millions of laundry detergent and cl...
Apr 03, 2023
WWE, UFC-parent company Endeavor merge to form $21B global fighting behemoth
Ethan Miller/Getty Images(NEW YORK) -- Endeavor, the parent company of UFC, acquired World Wrestling Entertainment on Monday in a merger that values the WWE at $9.3 billion, forming a worldwide combat...
Apr 03, 2023
Twitter begins phasing out legacy 'blue check marks' in latest platform change
Olga Pankova via Getty Images(NEW YORK) -- Starting April 1, Twitter users who don’t subscribe to Twitter Blue are going to have to say goodbye to their blue check marks. Recent changes implemen...
Apr 01, 2023
Amazon union faces division, delay a year after historic victory
Jackyenjoyphotography via Getty Images(NEW YORK) -- Encircled by camera-wielding supporters and journalists, Chris Smalls popped a bottle of champagne one year ago today to celebrate a watershed elect...
Apr 01, 2023
Approximately 53,000 hoverboards recalled over fire risks after two deaths
Jetson Electric Bikes recalls 42-Volt Rogue Self-Balancing Scooters/Hoverboards due to fire hazard. -- CPSC(WASHINGTON) -- After two deaths, approximately 53,000 hoverboards are being recalled due to ...
Mar 31, 2023
Seattle law grants most gig workers paid sick leave
Luis Alvarez/Getty Images(SEATTLE) -- Seattle will provide paid sick and safe leave for most gig workers under a new law, becoming the first U.S. city to guarantee such benefits on a permanent basis f...
Mar 30, 2023
Roku to slash 200 jobs, amounting to 6% of workforce
Justin Sullivan/Getty Images, FILE(NEW YORK) -- Roku plans to lay off another 200 workers, or 6% of its workforce, the video-streaming company said in a government filing on Thursday, just months afte...
Mar 30, 2023
Elon Musk, Steve Wozniak and other tech leaders warn 'out-of-control' AI poses 'profound risks'
Justin Sullivan/Getty Images(NEW YORK) -- Artificial intelligence-driven language models have garnered millions of users in recent months, instantly whipping up viral sensations like a biblical v...
Mar 29, 2023
Starbucks' former CEO denies breaking law after Sen. Sanders accuses company of 'union busting'
Al Drago/Bloomberg via Getty Images(WASHINGTON) -- Starbucks' former CEO Howard Schultz on Wednesday denied breaking the law in response to sharp criticism from Sen. Bernie Sanders, I-Vt., who ac...
Mar 29, 2023
Starbucks' former CEO set to face Bernie Sanders over employees’ unionization push
JohnFScott/Getty Images(WASHINGTON) -- When Starbucks' most famous former CEO, Howard Schultz, appears Wednesday before a Senate committee to face questioning from Bernie Sanders over the company's re...
Mar 29, 2023
