Category Archives: Business News – ABC Audio

What the potential JetBlue and Spirit merger could mean for consumers
Robert Nickelsberg/Getty Images(NEW YORK) -- As JetBlue prepares to begin its takeover of Spirit Airlines in a $3.8 billion deal, many are left wondering what the future holds for both airlines and th...
Amanda Maile, ABC News Jul 29, 2022

Hershey warns of possible Halloween and holiday candy shortage
Crystal Sing / EyeEm/Getty Images(NEW YORK) -- Trick-or-treaters may see fewer of their favorite sweets while going door-to-door this October. Hershey announced in the company's second-quarter earning...
Kelly McCarthy, ABC News Jul 29, 2022

Old Navy commits to not to raise its prices on denim amid rising inflation
RiverNorthPhotography/Getty Images(NEW YORK) -- With rising inflation leaving Americans with sticker shock across the board, families may be growing nervous as the back-to-school season nears. To assu...
Jacqueline Laurean Yates, ABC News Jul 29, 2022

Mega Millions confirms one winning ticket sold in Illinois in historic $1.34 billion drawing
youngvet/Getty Images, FILE(NEW YORK) -- One sole winning jackpot ticket was sold in a Speedway convenience store in Des Plaines, Illinois, in a historic $1.34 billion drawing, according to Mega ...
Morgan Winsor, Nadine El-Bawab, and Meredith Deliso, ABC News Jul 29, 2022

Skyrocketing rents pain tenants as inflation rises
Busà Photography/Getty Images(NEW YORK) -- When the pandemic struck and tourism dried up, Gerardo Vidal, a New York City tour guide, lost nearly all of his income, he said. Vidal, who lives in ...
Max Zahn, ABC News Jul 29, 2022

Employees at Amazon warehouse in Illinois allege racially hostile work environment
AaronP/Bauer-Griffin/GC Images/Getty Images, FILE(JOLIET, Ill.) -- Employees at a Joliet, Illinois, Amazon warehouse have filed a complaint with the Equal Employment Opportunity Commission against the...
Kendall Ross, ABC News Jul 29, 2022

What comes next for the lucky Mega Millions winners who become wealthy overnight?
Viktoryia Vinnikava / EyeEm/Getty Images(NEW YORK) -- The Mega Millions jackpot has risen to over a billion dollars. With Americans across the country rushing to secure tickets for the chance to win b...
Kyla Guilfoil, ABC News Jul 29, 2022

US economy shrank 0.9% in second quarter
Anton Petrus/Getty Images(WASHINGTON) -- The U.S. economy shrank 0.9% in the second quarter of this year, the Commerce Department reported Thursday morning, marking the second quarter in a row that th...
Jeanette Torres-Perez, ABC News Jul 28, 2022

SNAP benefits expanded to help with online grocery shopping
Nipitpon Singad / EyeEm/Getty Images(NEW YORK) -- New grants, technology enhancements and partnerships are helping grocers and shoppers who rely on the Supplemental Nutrition Assistance Program (SNAP)...
Kelly McCarthy, ABC News Jul 28, 2022

'Wren Eleanor' TikTok trend sees parents removing photos, videos of their kids
5./15 WEST/Getty Images(NEW YORK) -- A TikTok account with more than 17 million followers has sparked a discussion about children's privacy and safety online. The mom behind the popular TikTok shares ...
Katie Kindelan, ABC News Jul 28, 2022
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