Category Archives: Business News – ABC Audio
Moms turn to social media for help amid baby formula shortage
HUIZENG HU/Getty Images(NEW YORK) -- Mothers around the country are turning to social media and leaning on each other for support as the national baby formula shortage continues to strain families in ...
May 13, 2022
House Oversight opens investigation into baby formula shortage: Exclusive
Paul Hennessy/SOPA Images/LightRocket via Getty Images(WASHINGTON) -- The House Oversight Committee is launching an investigation into the nationwide shortage of baby formula, and demanding records an...
May 13, 2022
Senate bill would create federal watchdog for Big Tech
Rod Lamkey-Pool/Getty Images(WASHINGTON) -- Sen. Michael Bennet on Thursday introduced a bill that would create a federal watchdog for the oversight of Big Tech companies, empowering the new agen...
May 12, 2022
Mattel's latest lineup of diverse dolls includes a Barbie with hearing aids
Courtesy of Barbie(NEW YORK) -- Mattel's latest launch of Barbie dolls keeps diversity and inclusion at the forefront. The toymaker has released this year's new 2022 Barbie Fashionista collection...
May 12, 2022
WHO accuses tobacco industry of 'greenwashing' in new report
Bloomberg Creative Photos/Getty Images(NEW YORK) -- Companies like British American Tobacco and Philip Morris International don’t typically come to mind as environmental stewards. But a new repo...
May 12, 2022
Baby formula maker Abbott says it plans to restart production amid shortages following recall
AlasdairJames/Getty Images(NEW YORK) -- Following an internal investigation, Abbott Nutrition said it will resume production of Similac, Alimentum and EleCare baby formulas once the Food and Drug Admi...
May 12, 2022
Consumer Price Index up 8.3% in April
Tetra Images/Getty Images(WASHINGTON) -- Inflation eased slightly last month, according to the latest figures released Wednesday by the Labor Department. The Consumer Price Index rose 8.3% in April co...
May 11, 2022
New Old Bay-seasoned Goldfish will roll out later this month
Pepperidge Farm (NEW YORK) -- For snack purists, original Goldfish may be the perfect poppable bite, but for those in search of something bolder than cheddar or parmesan, there's a new line that adds ...
May 11, 2022
Magnolia Bakery transforms iconic banana pudding into a new dessert
Magnolia Bakery(NEW YORK) -- Even if you're not from Manhattan, chances are you've heard of, dreamt of or perhaps planned a visit to taste a scoop of Magnolia Bakery's luscious, creamy, sweet banana p...
May 10, 2022
Mobile markets, co-op food sites on the rise as inflation and grocery prices soar
Harrison Eastwood/Getty Images(NEW YORK) -- As Americans continue to experience sticker shock at the grocery store, some organizations are offering new solutions to help ease the burden. At-home price...
May 10, 2022
