Category Archives: Business News – ABC Audio
'The fight is far from over': Rideshare drivers react to ruling that Prop. 22 is unconstitutional
Sundry Photography/iStock(CALIFORNIA) -- The California ride-hailing driver suing over the controversial Proposition 22 law said he can "breathe a little easier" after a judge ruled it unconstitu...
Aug 23, 2021
What to know about 'stablecoins,' the 'bridge' between cryptocurrencies and traditional money
Viorika/GettyImages(NEW YORK) -- In the exploding realm of cryptocurrencies, a new line of financial products has emerged that has caught the attention of both investors and regulators -- so-called "s...
Aug 22, 2021
As states cancel large events due to delta variant, their economies are taking a hit
clu/iStock(NEW YORK) -- A festival in New Orleans. Concerts in Nashville, Tennessee. A comic book convention in Atlanta. As the delta variant surges across the country, states with low COVID vaccinati...
Aug 22, 2021
How Black real estate developers are breaking ground for underrepresented communities
iStock/Inna Dodor (WASHINGTON) -- The $1.1 trillion infrastructure bill passed by Congress last week will fund roads, bridges, rails and other components of the country's infrastructure. The legislati...
Aug 21, 2021
Southwest pilots, flight attendants say they're exhausted; pilots ready to picket
DaveAlan/iStock(NEW YORK) -- Southwest Airlines pilots are preparing to picket as front-line employees at the airline complain of mismanagement, low staffing, scheduling chaos and a lack of food and h...
Aug 20, 2021
American Airlines suspends alcohol sales in coach through January
iStock/CHUYN (NEW YORK) -- American Airlines will not serve alcohol in coach until at least 2022, aligning with the expiration of the Transportation Security Administration's federal mask mandate for ...
Aug 19, 2021
FTC doubles down, hits Facebook with amended antitrust complaint
iStock/luchezar (WASHINGTON) -- The Federal Trade Commission is not backing down in its antitrust legal battle against Facebook. The agency filed an amended complaint against the social media giant on...
Aug 19, 2021
What travelers can expect from new hotel prices, fees for specific amenities
martin-dm/iStock(NEW YORK) -- Travel looks different in 2021 with changes at hotels like charges for amenities and services. Some hotels have stripped-down room rates to the bare minimum, tacking on e...
Aug 19, 2021
Pandemic, labor shortages have left long-term care facilities competing for staff
miodrag ignjatovic/iStock(NEW YORK) -- Labor shortages across the country are fueling a competition among long-term care facilities to retain and hire staff as they grapple with the delta variant. Wit...
Aug 19, 2021
Food stamp benefits get permanent boost thanks to Biden administration
iStock/KLH49 (WASHINGTON) -- Millions of Americans who struggle to get food on the table will soon receive new assistance thanks to a historic increase in funding. The U.S. Department of Agriculture a...
Aug 17, 2021
