Category Archives: Business News – ABC Audio

milindri/iStock(NEW YORK) -- With more Americans planning to hit the road this summer, the number of travelers seeking to rent a car is bound to rise. But given the ongoing car shortage, the inventory...

kokkai/iStock(NEW YORK) -- Victoria's Secret is on the brink of a major revamp. The retailer, best known for its lingerie offerings, popular catalog and extravagant annual fashion show, is rolling out...

monkeybusinessimages/iStock(NEW YORK) — One year after the murder of George Floyd spotlighted issues of systemic racism in the U.S., a new study found corporate America has made great ...

JHVEPhoto/iStock(DETROIT) -- General Motors has announced it will increase its investment into electric and autonomous vehicles to $35 billion through 2025. "We are investing aggressively in a compreh...

ALEXIUZ/iStock(NEW YORK) -- Royal Caribbean has postponed a sailing in July "out of an abundance of caution" after eight crew members tested positive for COVID-19. The cruise line said that during rou...

gopixa/iStock(NEW YORK) -- If you have a hunch that some ice cream containers and other goods lining grocery store shelves and your pantry are getting smaller but not cheaper, it may not be all in you...

3DSculptor/iStock(LONG BEACH, Calif.) — As deep space exploration increasingly becomes a new frontier for the private sector, a California-based firm announced Tuesday it had been awarded contra...

ABC News(NEW YORK) -- Delta Airlines CEO Ed Bastian said the safety of customers and crew is "of paramount concern" following an incident with an unruly passenger involving a flight attendant fro...

mixmotive/iStock(NEW YORK) -- After issues with one of its weather data providers, Southwest Airlines was forced to ground all of its flights overnight and is now working to restore connectivity. In a...

LPETTET/iStock(NEW YORK) -- Crude oil has climbed to its highest price in nearly three years as the pandemic recedes and global demand soars. U.S. crude oil was $71.50 a barrel on Monday -- its highes...