Category Archives: Business News – ABC Audio
Johnson & Johnson looking to bankruptcy to resolve 40,000 baby powder cancer suits
evemilla/iStock(NEW YORK) -- Citing what it calls an “unrelenting assault” by greedy lawyers, Johnson & Johnson is hoping to use the bankruptcy process to dispose of 40,000 lawsuits th...
Oct 20, 2021
Supply chain questions answered, plus tips and solutions for smart shopping
DarioEgidi/iStock(NEW YORK) -- The strained supply chain and worldwide shipping crunch has had an impact on everything from holiday shopping to every day goods and services. Good Morning America assem...
Oct 19, 2021
Pete Buttigieg responds to paternity leave criticism as Congress weighs national paid leave
Scott Olson/Getty Images(WASHINGTON) -- U.S. Secretary of Transportation Pete Buttigieg has spoken out about his decision to take paternity leave after the birth of his twins, calling it "important wo...
Oct 19, 2021
Lawmakers say Amazon reps, including Jeff Bezos, misled or 'may have lied to Congress'
iStock(NEW YORK) -- A bipartisan group of lawmakers is accusing Amazon leadership -- including former CEO Jeff Bezos -- of misleading or lying to Congress in the wake of reports from media outlets tha...
Oct 18, 2021
What’s causing America’s massive supply-chain disruptions?
SHansche/iStock(WASHINGTON) -- As the U.S. economy struggles to fully recover from the coronavirus pandemic, supply-chain disruptions across the country are driving up prices and leading to a growing ...
Oct 15, 2021
Holiday travel may be more chaotic than ever this year, transportation experts say
Evgenia Parajanian/iStock(NEW YORK) -- Holiday travel may be more chaotic this year, experts warn, as looming vaccination deadlines threaten airline and airport staffing. Forty percent of the Transpor...
Oct 15, 2021
Ex-Boeing test pilot indicted for fraud in 737 Max probe
sanfel/iStock(NEW YORK) -- Boeing's former 737 MAX test pilot, Mark Forkner, was indicted for fraud Thursday for allegedly misleading regulators about problems tied to the aircraft's two fatal crashes...
Oct 14, 2021
Henrietta Lacks family seeks justice: Grandchildren sue biotech company
JHVEPhoto/iStock(NEW YORK) -- The family of Henrietta Lacks, an African American woman whose cells were collected from her body and used for medical research without her consent in 1951, is seeking ju...
Oct 14, 2021
President Biden to meet with port heads ahead of expected Christmas supply crunch
halbergman/iStock(WASHINGTON) -- With global supply chain bottlenecks threatening the Christmas shopping season, President Joe Biden will highlight his administration's work with ports on Wednesday an...
Oct 13, 2021
Diaper crisis escalates amid COVID-19 pandemic
Laboko/iStock(NEW YORK) -- As her belly curves in a small circle overlapping the top button of her jeans, Elisha White, 26, anticipates the birth of her fifth child. White is currently unemployed and ...
Oct 13, 2021
