Category Archives: Business News – ABC Audio
Biden says Congress must avert rail strike but it's 'not an easy call'; workers 'disappointed'
Florian Roden / EyeEm/Getty Images(WASHINGTON) -- President Joe Biden on Monday asked Congress to intervene and avert a potential strike of the nation's railway workers -- which could upend huge parts...
Nov 29, 2022
Elon Musk attacks Apple for allegedly threatening App Store removal
Scott Olson/Getty Image(NEW YORK) -- Elon Musk, the billionaire entrepreneur who owns Twitter, attacked Apple on Monday in a series of tweets hammering the tech giant for allegedly decreasing the amou...
Nov 28, 2022
Kim Kardashian 're-evaluating' her relationship with Balenciaga amid ad scandal
Jeremy Moeller/Getty Images(NEW YORK) -- Kim Kardashian has broken her silence on Balenciaga's recent ad scandal. "I have been quiet for the past few days, not because I haven't been disgusted and out...
Nov 28, 2022
Thanksgiving Day 2022 marks record consumer spending
RUNSTUDIO/Getty Images(NEW YORK) -- Shoppers spent a record $5.29B this Thanksgiving, according to Adobe Analytics -- a figure up 2.9% year-over-year. Adobe Analytics’s report on record spending...
Nov 25, 2022
Paper or plastic? Gift cards don't need to be trash
ricardoinfante/Getty Images(NEW YORK) -- As the holidays approach, experts estimate that roughly 60% of consumers plan on purchasing gift cards this December, making it one of the most popular gift-gi...
Nov 25, 2022
Donald Trump reported losses of nearly $1 billion over 2-year period, accountant says
Leonardo Munoz/VIEWpress/Getty Images(New York) -- Donald Trump reported nearly $1 billion in operating losses over a two-year period about a decade ago, an accountant testified at the criminal trial ...
Nov 23, 2022
E. Jean Carroll to file 2nd lawsuit against Trump, her attorneys say
Eva Deitch/The Washington Post via Getty Images(New York) -- Former Elle columnist E. Jean Carroll will file a new lawsuit against former President Donald Trump on Thanksgiving, the first day of New Y...
Nov 23, 2022
Twitter faces serious legal threat from ex-employees, experts say
Tayfun Coskun/Anadolu Agency via Getty Images(NEW YORK) -- Elon Musk, who admitted to overpaying for Twitter, cut workers at the social media platform almost immediately. In response, some of the axed...
Nov 23, 2022
Balenciaga pulls controversial ads featuring children and inappropriate teddy bears
Jeremy Moeller/Getty Images(NEW YORK) -- Luxury brand Balenciaga has issued an apology for its recent advertisements featuring children with sexualized teddy bears. "We sincerely apologize for any off...
Nov 23, 2022
Kroger holds off passing turkey costs onto consumers, outlook for prices through new year
RiverNorthPhotography/Getty Images(NEW YORK) -- Americans may be feeling the pinch at grocery store checkouts, but the largest chain in the country has shared some positive news ahead of the holiday s...
Nov 22, 2022
