Category Archives: Business News – ABC Audio
More than 7,000 nurses go on strike across 2 New York City hospitals
Jeenah Moon/Bloomberg via Getty Images(NEW YORK) -- More than 7,000 nurses at two hospitals in New York City went on strike early Monday morning demanding better pay, better working conditions and mor...
Jan 09, 2023
Controversy illuminates rise of facial recognition in private sector
Weiquan Lin/Getty Images(NEW YORK) -- For nearly a century, people have flocked every holiday season to Radio City Music Hall to watch the famous Rockettes perform in the Radio City Christmas Spectacu...
Jan 07, 2023
Southwest Airlines holiday meltdown will cost company up to $825 million
E4C/Getty Images(NEW YORK) -- The holiday meltdown at Southwest Airlines last month cost the company as much as $825 million in lost revenue and added expenses, the company said in a government filing...
Jan 06, 2023
Peloton agrees to pay $19 million fine over treadmill recall: CPSC
Adam Glanzman/Bloomberg via Getty Images(NEW YORK) -- Peloton has agreed to pay a $19 million fine as part of a settlement over its treadmill recall, the U.S. Consumer Product Safety Commission announ...
Jan 05, 2023
Former CEO of crypto firm Celsius sued in New York over alleged fraud
Witthaya Prasongsin/Getty Images(NEW YORK) -- The former chief executive of the cryptocurrency lending platform Celsius Network defrauded hundreds of thousands of investors out of hundreds of millions...
Jan 05, 2023
Uber drivers strike in New York City after pay increase temporarily blocked
nycshooter/Getty Images(NEW YORK) -- Hundreds of Uber drivers in New York City are carrying out a day-long strike on Thursday after a lawsuit from the rideshare company temporarily blocked a pay incre...
Jan 05, 2023
Tesla stock plummeted 12% in a single day. Here's why
Javier Ghersi/Getty Images(NEW YORK) -- Shares of Tesla plummeted 12% on Tuesday, wiping nearly $50 billion from the company's value and eliciting scrutiny of CEO Elon Musk as he appears to focus on T...
Jan 05, 2023
Here's all the winter produce in season from January through March
Oscar Wong/Getty Images(NEW YORK) -- Eating with the seasons is a great way to consume produce at peak freshness when it's full of both nutrients and flavor. Plus, it supports local and regional growe...
Jan 04, 2023
Mega Millions starts new year with estimated $785 million jackpot
IronHeart/Getty Images(NEW YORK) -- The first Mega Millions game of the new year is among its largest, with an estimated $785 million jackpot ahead of Tuesday night's drawing. It's the fourth-largest ...
Jan 03, 2023
Where minimum wage hikes are taking effect in the new year
filo/Getty Images(NEW YORK) -- Nearly half of U.S. states raised their minimum wages at the outset of 2023, helping millions of workers contend with the nation's ongoing bout of high inflation. In all...
Jan 03, 2023
