Category Archives: Business News – ABC Audio

Apple product launch live updates: iPhone 14, new Watch Ultra debut
ozgurdonmaz/Getty Images(CUPERTINO, Calif.) -- Apple is expected to release a new line of iPhone models and other updated products at a launch event on Wednesday. The event, which starts at 1 p.m. ET,...
Max Zahn, ABC News Sep 07, 2022

Volkswagen plans blockbuster IPO for Porsche. Here’s why.
andreafidone/Getty Images(NEW YORK) -- Luxury car brand Porsche aims to go public in late September or early October in what could be one of the largest initial public offerings in Europe in decades, ...
Max Zahn, ABC News Sep 07, 2022

Watchdog group says kids vulnerable to inappropriate content on popular game Roblox
Rafael Henrique/SOPA Images/LightRocket via Getty Images(NEW YORK) -- Over 54 million users play Roblox, a popular multiplayer online game, every day and nearly half of them are under the age of 13, a...
GMA Team, ABC News Sep 07, 2022

Juul agrees to pay $438.5 million settlement over marketing to teens
Stephanie Keith/Getty Images(NEW YORK) -- Juul agreed to pay nearly half a billion dollars Tuesday as part of a settlement with 34 states over the way it marketed its vaping products. The $438.5 milli...
Aaron Katersky, ABC News Sep 06, 2022

CVS reaches deal to buy Signify Health for $8 billion
NoDerog/Getty Images(NEW YORK) -- CVS Health announced on Monday it has reached a deal to acquire home healthcare provider Signify Health for approximately $8 billion. Per the terms of the agreement, ...
Jeanette Torres-Perez, ABC News Sep 06, 2022

New York City sues Starbucks over firing of unionizing barista
Beata Zawrzel/NurPhoto via Getty Images(NEW YORK) -- New York City is suing Starbucks over allegations the coffee corporation unlawfully fired a Queens barista who had been involved in unionization ef...
Max Zahn and Aaron Katersky, ABC News Sep 02, 2022

Water crisis in Jackson, Mississippi, 'very dire' for local businesses
Tim Graham/Getty Images(JACKSON, Miss.) -- When the water stopped running at her restaurant in Jackson, Mississippi, on Monday afternoon, Tanya Burns was preparing for a private event set to begin abo...
Max Zahn, ABC News Sep 02, 2022

US hiring slows but remains strong, as economy adds 315,000 jobs
Catherine McQueen/Getty Images(WASHINGTON) -- U.S. hiring slowed from its breakneck pace but remained robust in August, with the economy adding 315,000 jobs and the unemployment rate rising to 3.7%, a...
Max Zahn, ABC News Sep 02, 2022

Teachers can score free coffee all September at this popular chain
aimintang/Getty Images(NEW YORK) -- Caffeine is essential for school teachers and staff transitioning back to the classroom. Thankfully, Wawa is here to help. Starting Sept. 1, the popular convenience...
Caroline Kucera, ABC News Sep 02, 2022

CPSC recalls UPPAbaby strollers due to laceration risk
U.S. Consumer Product Safety Commission(NEW YORK) -- More than 14,000 strollers are being recalled due to an issue that can cause amputation or laceration if a child’s fingertips get caught. The...
Amanda Maile, ABC News Sep 01, 2022
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