Category Archives: Business News – ABC Audio
Amazon and Starbucks workers led a union resurgence in 2022. Will it last?
Spencer Platt/Getty Images(NEW YORK) -- Workers at Amazon and Starbucks astonished allies and adversaries this year, delivering landmark labor victories and helping inspire a resurgence of unionizatio...
Dec 22, 2022
Does Elon Musk's resignation from Twitter mean he'll give up control? Experts weigh in
Chris Delmas/AFP via Getty Images(NEW YORK) -- Elon Musk vowed to resign as the head of Twitter but he will remain a dominant force at the company, some management experts told ABC News. The billionai...
Dec 22, 2022
Guaranteed income recipients praise poverty program outcome
Catherine McQueen/Getty Images(NEW YORK) -- Debbie Wilkerson, after years of fighting bad credit, is on her way to saving for a down payment on her first home. She says a guaranteed income pilot progr...
Dec 22, 2022
Sam Bankman-Fried lands in US after being extradited from Bahamas
ABC News(NEW YORK) -- Sam Bankman-Fried has landed in the U.S. to face federal charges after agreeing to extradition in a Bahamian court on Wednesday. The disgraced former CEO was put on a U.S. govern...
Dec 21, 2022
Why recession fears are growing and what a downturn could look like
Anton Petrus/Getty Images(NEW YORK) -- Recession fears are growing, even as households strained by inflation begin to find some relief. The dynamic captures the confusing state of the U.S. economy, as...
Dec 21, 2022
Elon Musk says he'll resign as head of Twitter
CARINA JOHANSEN/NTB/AFP via Getty Images(NEW YORK) -- After polling Twitter users, Elon Musk on Tuesday night said he will resign as head of the social media platform. "I will resign as CEO as soon as...
Dec 20, 2022
Elon Musk remains silent about Twitter poll calling for his resignation
David Paul Morris/Bloomberg via Getty Images(NEW YORK) -- Elon Musk has stayed silent on the results of a poll completed more than a day ago in which Twitter users voted for him to resign as the head ...
Dec 20, 2022
'Don't buy it': Justin Bieber says H&M released new merchandise without his approval
AngiePhotos/Getty Images(NEW YORK) -- Justin Bieber is lashing out against clothing retailer H&M, claiming they created a line featuring his name and image without his approval. Taking to his Inst...
Dec 20, 2022
Cryptocurrency's wild roller-coaster ride: A look back at 2022
Namthip Muanthongthae/Getty Images(NEW YORK) -- Cryptocurrency has always been volatile, says one economics expert who spoke with ABC News. But 2022 was a stomach-churning, roller-coaster ride for inv...
Dec 20, 2022
FTX founder Sam Bankman-Fried agrees to be extradited to US after chaotic hearing
ABC News(NEW YORK) -- Sam Bankman-Fried, who is facing charges in the U.S. following the collapse of his cryptocurrency company, FTX, is willing to waive his right to deny extradition to the U.S., a l...
Dec 19, 2022
