Category Archives: Business News – ABC Audio
Trial of Theranos executive Sunny Balwani to begin
Justin Sullivan/Getty Images(SAN JOSE, Calif.) -- The criminal fraud trial of Ramesh "Sunny" Balwani, the ex-boyfriend of convicted Theranos founder Elizabeth Holmes and a top executive at the blood-t...
Mar 22, 2022
Disney employees stage walkout to demand action against 'Don't Say Gay' bill
Melvyn Longhurst/Getty Images(ORLANDO, Fla.) -- LGBTQ workers and employee allies at The Walt Disney Company staged a walkout in protest of Florida's Parental Rights in Education bill, dubbed the "Don...
Mar 22, 2022
Will US inflation get worse if Russia defaults on its debt?
Yevgen Romanenko/Getty Images(NEW YORK) -- While Russia’s attack on Ukraine has many serious humanitarian consequences, there are also financial ones. Russia has collectively borrowed approximat...
Mar 22, 2022
DC sues Grubhub over alleged 'deceptive' practices, 'illegal tactics'
Artur Widak/NurPhoto via Getty Images(WASHINGTON) -- The District of Columbia is suing Grubhub, accusing the food delivery service of deceptive trade practices that are misleading to customers and tak...
Mar 21, 2022
How to negotiate lower rent amid skyrocketing inflation and rising costs
Nora Carol Photography/Getty Images(NEW YORK) -- With rising costs and inflation impacting everything from food to gas, it's no surprise that home prices for buyers and renters are also up. Housing pr...
Mar 21, 2022
Maryland, Georgia move to temporarily suspend gas tax amid nationwide high prices
Grace Cary/Getty Images(NEW YORK) -- Some states are pressing ahead in an attempt to relieve the pain at the pump many Americans are feeling these days by temporarily suspending gas taxes to help lowe...
Mar 19, 2022
Citigroup pays for workers to travel for reproductive care amid state regulations on abortion
Justin Sullivan/Getty Images(NEW YORK) — Citigroup, one of the largest financial institutions in the United States, has begun offering to pay for travel expenses for employees who travel out of ...
Mar 17, 2022
Federal Reserve raises rates by a quarter of a percentage point
Lance Nelson/Getty Images(NEW YORK) -- The Federal Reserve raised interest rates by a quarter percent on Wednesday, marking the first interest rate hike since 2018. The move is intended to help curb r...
Mar 17, 2022
Why aren’t gas prices dropping along with oil prices?
Michael Godek/Getty Images(NEW YORK) -- Oil prices are dropping and are now back to levels not seen since before Russia invaded Ukraine. So why aren’t gas prices going down, too? The trend is ca...
Mar 17, 2022
Starbucks commits to eliminating waste, encourages reusable mugs
Kena Betancur/VIEWpress(SEATTLE) -- Starbucks says green isn't just a bold color for its logo or signage, but an aspiration and reminder to be a resource positive company that helps the planet in proa...
Mar 16, 2022
