Category Archives: Business News – ABC Audio

Bloomberg/Getty Images(NEW YORK) -- Artificial intelligence isn't just making inroads in technology. Soon, AI may replace human beings in jobs as evidenced by one company that has created two AI inter...

Smith Collection/Getty Images (NEW YORK) -- Electric vehicle company Tesla slashed the price of its cars across global markets as much as 20%, the automaker announced on Thursday night. The move aims ...

RapidEye/Getty Images(NEW YORK) -- Former President Donald Trump's namesake family real estate firm was sentenced to the maximum allowable fine Friday in New York following its conviction on 17 counts...

d3sign/Getty Images(NEW YORK) -- Fans of three-egg omelets and bacon-egg-and-cheese sandwiches have more to worry about than just high cholesterol. The wholesale price of a dozen eggs has more than qu...

Marilyn Nieves/Getty Images(WASHINGTON) -- The U.S. Department of Justice announced a $31 million settlement with City National Bank over allegations that the Los Angeles-based bank engaged in "redlin...

Mattel, Barbie(NEW YORK) -- There's a brand new doll that's going to leave a lot of preschoolers jumping for joy. Mattel has debuted one of its newest products, My First Barbie, specifically designed ...

PepsiCo(NEW YORK) -- Sierra Mist has officially fizzled out at PepsiCo, and the brand has replaced it with a new lemon-lime flavored soda, Starry. The "crisp, clear, refreshing" new caffeine-free soda...

KARIM SAHIB/AFP via Getty Images(LONDON) -- The appointment of an oil executive as head of the United Nations' COP28 climate conference on Thursday sparked backlash from environmental organizations. T...

Lev Radin/Pacific Press/LightRocket via Getty Images(NEW YORK) -- Stuck in house arrest and awaiting trial, disgraced crypto executive Sam Bankman-Fried spoke out on Thursday with the most extensive r...

Javier Ghersi/Getty Images(NEW YORK) -- Consumer prices rose 6.5% last month compared to a year ago, extending a months-long slowdown of price hikes and bolstering hopes that the U.S. can avert a rece...