Category Archives: Business News – ABC Audio
How trucks became America's new luxury status symbol
Morgan Korn, ABC News(NEW YORK) -- Isaac Marchionna had always been a loyal SUV owner until he upgraded his Toyota 4Runner to a Ford F-150 Raptor, a massive truck with 450 horsepower and 510 lb-f...
Jun 11, 2022
UK tests a four-day workweek
Getty Images(NEW YORK) -- Thousands of employees in the U.K. will be working four days a week for the next six months, in the largest such pilot program to date. ABC News' "Start Here" podcast reporte...
Jun 10, 2022
Inflation rises significantly in May, up to 8.6% year over year
Jose Luis Pelaez Inc/Getty Images(WASHINGTON) -- Inflation reaccelerated in May, rising at the highest level seen in four decades, dashing hopes that the number had hit its peak, according to data rel...
Jun 10, 2022
Wells Fargo under criminal investigation for hiring practices, source says
sshepard/Getty Images(NEW YORK) -- Federal prosecutors in Manhattan, New York have started a criminal investigation into Wells Fargo to determine whether the nation’s third largest bank’s ...
Jun 10, 2022
Cruise prices remain low as summer travel costs skyrocket
David Sacks/Getty Images(NEW YORK) -- As summer travel booms and prices for gas, hotel rooms and flights skyrocket, taking to the sea this summer season could save travelers big bucks. Despite rising ...
Jun 10, 2022
Parents sue Meta alleging teen daughter suffered due to Instagram addiction
Courtesy Spence Family(NEW YORK) -- The parents of a now 19-year-old New York woman are suing Meta, the parent company of Facebook and Instagram, alleging their daughter developed an Instagram addicti...
Jun 10, 2022
Lady Gaga's Haus Labs debuts new makeup at Sephora
Courtesy of Haus Labs(NEW YORK) -- Monsters rejoice! Haus Labs by Lady Gaga is now available at Sephora stores, along with seven brand new products. The latest drop includes vegan, cruelty-free picks ...
Jun 10, 2022
Gas prices hit $5 national average after rapid rise
Michael Godek/Getty Images(NEW YORK) -- The average price of a gallon of gas nationwide exceeded $5 on Thursday, crossing the milestone after a rapid rise over the past month that has alarmed public o...
Jun 09, 2022
Abbott, FDA were warned about formula plant a year before recall
JEFF KOWALSKY/AFP via Getty Images(NEW YORK) -- Abbott and the Food and Drug Administration were alerted to a whistleblower complaint about Abbott's Sturgis infant formula plant as far back as Februar...
Jun 09, 2022
Trump Organization CFO switches up legal team as trial nears
nzphotonz/Getty Images(NEW YORK) -- Trump Organization CFO Allen Weisselberg has switched up his legal team as the longtime employee of former President Donald Trump prepares to go to trial on charges...
Jun 09, 2022
