Category Archives: Business News – ABC Audio
Truff, Hidden Valley collaboration has ranch and hot sauce fans fired up for limited-edition condiment
TRUFF(NEW YORK) -- Condiment fans are clamoring on social media over the luxurious and spicy new collaboration from Hidden Valley Ranch and hot sauce company Truff, Spicy Truffle Ranch. The two compan...
Aug 25, 2022
Why the stock market slumped and what comes next, according to experts
krisanapong detraphiphat/Getty Images(NEW YORK) -- As alarms over inflation and a possible recession sounded in recent months, a stock market rally offered a source of optimism — until this week...
Aug 24, 2022
Whistleblower alleges Twitter deceived regulators on security and spam, Twitter says it's a 'false narrative'
Onur Dogman/SOPA Images/LightRocket via Getty Images(NEW YORK) -- Former Twitter head of security, Peiter Zatko, alleged in a whistleblower federal complaint last month that the social media giant had...
Aug 23, 2022
Fall flight cuts reflect new normal for passengers
Lu ShaoJi/Getty Images(NEW YORK) -- As airlines announce cutting hundreds of flights a day in the fall, industry experts warn ABC News that this situation will become the new normal as air travel dema...
Aug 23, 2022
What the Tesla stock split means and why it matters
shaunl/Getty Images(NEW YORK) -- Tesla will split its stock on Wednesday, joining giant firms like Amazon and Alphabet, the parent company of Google, which have chopped up shares this year as a means ...
Aug 23, 2022
Companies increasingly using politics in marketing, but there are risks: Experts
Paul Chesne/Michael Ochs Archives/Getty Images(NEW YORK) -- On a given morning, a conservative might grab an espresso from Black Rifle Coffee, which describes itself as "anti-hipster"; open up the soo...
Aug 23, 2022
Ford cutting 3,000 jobs in US, Canada, India as it leans into the electric vehicle market
Florian Gaertner/Photothek via Getty Images(DETROIT) -- Ford plans to cut 3,000 jobs across the U.S., Canada and India, the automaker said in a letter to employees on Monday, describing the reductions...
Aug 22, 2022
Elon Musk says Tesla is raising price of 'Full Self-Driving' software to $15,000
JOHN THYS/AFP via Getty Images(NEW YORK) -- Tesla is raising the price of its "Full Self Driving" software to $15,000, Elon Musk said in a tweet on Sunday. Tesla is facing scrutiny from federal and st...
Aug 22, 2022
Coffee prices expected to rise after drought, frost impact plantations in Brazil
Busakorn Pongparnit/Getty Images(NEW YORK) -- Extreme weather conditions have impacted coffee crops in some of the top-producing countries, which could mean higher prices for your morning cup of coffe...
Aug 22, 2022
Electric vehicles are coming fast and furious. Here's how the new models stack up
Kia(NEW YORK) -- Buying an electric vehicle for the first time may be harder than ever these days. The choices are no longer Tesla, Tesla, Tesla. There are pickup trucks, SUVs, crossovers, sedans, spo...
Aug 21, 2022
