Category Archives: Business News – ABC Audio
The prices of these products have dropped, defying high inflation
Mario Tama/Getty Images(NEW YORK) -- Inflation has eased in recent months but remains sky-high, especially for some household items like eggs and flour. Price hikes for other products, however, have n...
Feb 16, 2023
Judge raises possibility of revoking Sam Bankman-Fried's bail over possible witness tampering
Stephanie Keith/Bloomberg via Getty Images(NEW YORK) -- A federal judge in New York on Thursday raised the possibility of revoking bail and remanding Sam Bankman-Fried into custody for possible witnes...
Feb 16, 2023
Tesla recalling more than 360,000 cars over potential crash risk, agency says
Robert Alexander/Getty Images(WASHINGTON) -- Tesla is recalling up to 362,758 cars equipped with its Full Self-Driving Beta software or pending installation over concerns it can increase the risk of a...
Feb 16, 2023
Deputy attorney general warns against using TikTok, citing data privacy
5./15 WEST/Getty Images(LONDON) -- Deputy Attorney General Lisa Monaco on Thursday warned against using TikTok, citing data security issues raised about the China-owned app. "I don't use TikTok and I ...
Feb 16, 2023
US risks default as soon as July unless debt ceiling is raised, financial agency estimates
Chip Somodevilla/Getty Images(WASHINGTON) -- The U.S. risks defaulting on its debts as early as July unless the borrowing limit is raised, the nonpartisan Congressional Budget Office said in a re...
Feb 15, 2023
What is ESG investing and why are some Republicans criticizing it?
Matteo Colombo/Getty Images(NEW YORK) -- The culture wars, fought nationwide in school board meetings and college classrooms, have entered a new arena: Wall Street. A sharp political divide has emerge...
Feb 15, 2023
Tesla to open some of its charging stations, as Biden seeks to expand US network
contrastaddict/Getty Images(NEW YORK) -- Tesla plans to open a portion of its U.S. charging network to competing electric vehicle makers, the Biden administration said on Wednesday. The carmaker plans...
Feb 15, 2023
Nearly 70,000 people have reported 'romance scam,' with losses topping $1.3B last year: FTC
Karl Tapales/Getty Images(NEW YORK) -- Romance scammers raked in big bucks in 2022, deceiving almost 70,000 people out of $1.3 billion, according to a new report from the Federal Trade Commission. Acc...
Feb 15, 2023
Lent food specials hit menus at popular restaurant chains
Popeyes(NEW YORK) -- As the Easter season nears, with Ash Wednesday on Feb. 22, fast-casual restaurant chains have released specialty seafood-forward menu items ideal for practicing Christians during ...
Feb 15, 2023
New lawsuit claims Olaplex hair products left some customers with bald spots, damaged hair
David Williams/Bloomberg via Getty Images(NEW YORK) -- After a summer in the sun, Jessica Auriana said she felt like her hair was left dry and brittle. Looking for a refresh, the 44-year-old said she ...
Feb 14, 2023
