Category Archives: Business News – ABC Audio
Woman says she fought for equal pay after seeing she earned $90k less for same role
MJHollinshead/Getty Images(NEW YORK) -- A New York City woman has gone viral for tweeting about her fight for equal pay. Kimberly Nguyen, a 25-year-old user experience writer, tweeted earlier this mon...
Mar 14, 2023
Is this a banking crisis? What to know about the Silicon Valley Bank collapse
Justin Sullivan/Getty Images(NEW YORK) -- The largest bank failure since the 2008 crisis has triggered a major U.S. government intervention to protect the financial system. Silicon Valley Bank, ...
Mar 13, 2023
Americans lost $10.3 billion to internet scams in 2022, the FBI says
Witthaya Prasongsin/Getty Images(WASHINGTON) -- Americans lost $10.3 billion to a wide variety of internet scams last year, according to an FBI report released this month. The losses were the highest ...
Mar 13, 2023
Silicon Valley Bank collapse: Treasury, Fed and FDIC announce steps to ensure deposits will be paid in full
Bloomberg Creative/Getty Images(WASHINGTON) -- The Federal Reserve, Treasury Department and Federal Deposit Insurance Corporation announced Sunday that they will make additional funding available to e...
Mar 13, 2023
DOT to send proposed legislation to Congress to ban family seating fees on flights
EllenMoran/Getty Images(WASHINGTON) -- The Department of Transportation will send proposed legislation to Congress Monday asking legislators to ban so-called family seating fees on flights. The propos...
Mar 13, 2023
Silicon Valley Bank UK purchased for £1 by HSBC with plan to protect deposits
PM Images/Getty Images(LONDON) -- Silicon Valley Bank UK is being acquired by HSBC in a £1 deal that will protect deposits, the United Kingdom's chancellor and HSBC said on Monday. "This morning...
Mar 13, 2023
Taxpayers could see 1st 'normal filing season' in years
Photography by Phillip Rubino/Getty Images(NEW YORK) -- You could say the Internal Revenue Service is undergoing a Renaissance. After years of criticism for being inefficient and antiquated, the ...
Mar 12, 2023
YETI recalls 1.9 million soft coolers, gear cases over magnet ingestion hazard
Consumer Product Safety Commission(NEW YORK) -- The U.S. Consumer Product Safety Commission on Thursday announced a recall of 1.9 million YETI cooler products. The recall impacts four of YETI's produc...
Mar 10, 2023
Some models of Safety 1st and Maxi-Cosi car seats recalled
Guido Mieth/Getty Images(NEW YORK) -- Dorel Juvenile Group announced a voluntary recall of 59,450 rear-facing infant car seats due to concerns over the seat anchoring system that “fails to confo...
Mar 10, 2023
Dole Whip will soon be available in the freezer section
Walt Disney World(NEW YORK) -- Fans of the famed frozen pineapple dessert Dole Whip will no longer require a ticket to their nearest Disney park to get a taste of the frozen sweet treat. Dole Packaged...
Mar 10, 2023
