Category Archives: Business News – ABC Audio
How this single mom got out of debt and retired at 41
Courtesy Lakisha Simmons(NEW YORK) -- Lakisha L. Simmons, Ph.D., was a 36-year-old working mom of two young sons when she got divorced in 2017. "I stayed in the family home with the boys and all of th...
Jul 26, 2021
Backlash over Bezos spaceflight sparks debate about equity in the cosmos
3DSculptor/iStock(WASHINGTON) -- When Amazon founder Jeff Bezos took what some viewed as a joyride to the edge of space earlier this week and then thanked the employees of his e-commerce empire for pa...
Jul 25, 2021
How sustainable is it to rent clothing? Experts and top brands weigh in
Liudmila Chernetska/iStock(NEW YORK) -- With landfills receiving millions of tons of textile waste each year -- and growing -- the environmental impact of clothing has become the fashion industry's di...
Jul 23, 2021
IRS warns of child tax credit scams: What parents should know
Juanmonino/iStock(WASHINGTON) -- Just one week after parents across the United States began to receive the first of new monthly child tax credit payments, they are being warned to look out for fraud. ...
Jul 23, 2021
Some people making $100K or more say the benchmark for financial success has shifted
efetova/iStock(NEW YORK) -- They’re young, successful and making good money. Some call them HENRYs, short for “high earners, not rich yet.” Usually in their 20s and 30s, these young ...
Jul 22, 2021
Mercedes-Benz going all-electric starting in 2025
kurmyshov/iStock(NEW YORK) -- Daimler has announced its brand Mercedes-Benz will go all-electric by 2030, where market conditions allow, and the company will invest over $45 billion between ...
Jul 22, 2021
States, cities that expected to go bankrupt from pandemic now seeing cash surplus
Nattakorn Maneerat/iStock(WASHINGTON) -- When the pandemic hit Alexandria, Virginia, the economic outlook was bleak. In April 2020, the city projected a budget shortfall of up to $100 million as busin...
Jul 21, 2021
Airlines keep losing and damaging wheelchairs at an alarming rate
YakobchukOlena/iStock(NEW YORK) -- Thirty years ago Engracia Figueroa, 51, was hit by a Bay Area Rapid Transit train that left her with a spinal cord injury and amputated leg. She now calls her wheelc...
Jul 21, 2021
'Save bars, drink tequila' with this T-shirt that is helping hospitality workers
LeoPatrizi/iStock(NEW YORK) -- Save bars, drink tequila. That's the latest message in a hot new merchandise drop for National Tequila Day that aims to help provide food security to hospitality workers...
Jul 21, 2021
Parents who claim toddler was severely injured by Peloton treadmill call it a 'death trap'
Adam Glanzman/Bloomberg via Getty Images(NEW YORK) -- A family is sharing a stark new warning for others about the alleged dangers of the Peloton Tread+ treadmill after they say their son was sucked u...
Jul 21, 2021
