Category Archives: Business News – ABC Audio

How financial savings trend 'credit card fast' helped one woman buy a home
Lisa Samalonis(NEW YORK) -- Credit card debt is often easy to pile on, but hard to pay off. For Lisa Samalonis, smart credit card saving was the key to rebuilding her life after divorce. "It was very ...
Haley Yamada, Kirk Cohall and Jessica Mendoza, ABC News Jan 25, 2023

Justice Department files antitrust lawsuit against Google over digital advertising
400tmax/Getty Images(WASHINGTON) -- The Justice Department and eight other states filed a historic antitrust lawsuit Tuesday targeting Google over what they allege is the Big Tech giant's monopoly ove...
Alexander Mallin and Mark Osborne, ABC News Jan 24, 2023

Ticketmaster's Taylor Swift ticket fiasco spurs new Senate hearing
Joe Raedle/Getty Images(WASHINGTON) -- It was a Ticketmaster meltdown that sent millions of Taylor Swift fans spiraling: lockouts, delays, hours of confusion and soaring aftermarket prices amid report...
Lalee Ibssa, ABC News Jan 24, 2023

Look who's replacing the M&M's spokecandies for the Super Bowl
M&M's(NEW YORK) -- After an exciting weekend of NFL divisional round playoff games, the stage is closer to being set for Super Bowl 57. But in addition to teams who came up short on Saturday and S...
Kelly McCarthy, ABC News Jan 24, 2023

IRS expects better tax season service thanks to Inflation Reduction Act funding
Thinkstock/Getty Images(WASHINGTON) -- The Treasury Department is rolling out new measures aimed at improving customer service as the IRS starts to accept 2022 federal income tax returns. Treasury Dep...
Alexandra Hutzler, ABC News Jan 23, 2023

DOJ investigating conduct at Abbott infant formula plant
GETTY/HUIZENG HU(MICHIGAN) -- The Justice Department is investigating conduct at Abbott Laboratories' infant formula plant in Sturgis, Michigan, in connection with a contamination investigation t...
Luke Barr and Sasha Pezenik, ABC News Jan 21, 2023

Tech layoffs 2023: Companies that have made cuts
Mateusz Slodkowski/SOPA Images/LightRocket via Getty Images(NEW YORK) -- Companies across the tech industry have announced layoffs, affecting thousands of workers in the first few weeks of 2023. Sales...
Kiara Alfonseca and Max Zahn, ABC News Jan 20, 2023

T-Mobile breached by hackers as 37 million customers impacted
franckreporter/Getty Images(NEW YORK) -- T-Mobile says they discovered a "bad actor" was taking information through a single application, according to an SEC filing by the company this week. "The prel...
Luke Barr, ABC News Jan 20, 2023

Google to cut 12,000 jobs from global workforce
400tmax/Getty Images(NEW YORK) -- Alphabet Inc., the parent company of Google, said Friday that it will cut about 12,000 jobs from its global workforce, affecting approximately 6% of the company's emp...
Jon Haworth, ABC News Jan 20, 2023

Why the holiday season ended with a sales slump, and what it means for the 2023 economy
Tetra Images/Getty Images(NEW YORK) -- The holiday shopping season began with a boom but ended with a whimper. U.S. retail sales fell in December, offering the latest sign of an economic slowdown driv...
Max Zahn, ABC News Jan 19, 2023
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