Category Archives: Business News – ABC Audio
What to know about the Amazon strike planned for Black Friday
Krisztian Bocsi/Bloomberg via Getty Images(NEW YORK) -- Workers for the largest online retailer in the world are on strike during one of the busiest shopping weekends of the holiday season.Amazon empl...
Nov 28, 2024
What have past Republican presidents said about tariffs?
Chris Unger/Zuffa LLC(WASHINGTON) -- Tariff threats voiced by President-elect Donald Trump this week rippled through global stocks and triggered warnings from U.S. retail executive...
Nov 27, 2024
Dow closes at record high, defying fears of panic sparked by Trump's tariff threat
Michael M. Santiago/Getty Images(NEW YORK) -- The Dow Jones Industrial Average closed at a record high on Tuesday, achieving the milestone less than 24 hours after a tariff pledge from Presi...
Nov 26, 2024
Warren Buffett to donate $1.1 billion of Berkshire stock to 4 family foundations
Houston Cofield/Bloomberg via Getty Images(NEW YORK) -- In a letter to shareholders, Warren Buffett revealed that he would be donating more than $1.1 billion of Berkshire Hathaway stock to four of his...
Nov 26, 2024
Musk's DOGE wants to slash regulations. Workers and patients may suffer, experts say.
Marc Piasecki/Getty Images(NEW YORK) -- Tech billionaire Elon Musk, who has vowed to dismantle thousands of federal regulations as the co-head of a new Department of Government Efficien...
Nov 26, 2024
Walmart to roll back its diversity, equity and inclusion policies
Joe Raedle/Getty Images(NEW YORK) -- Walmart, the world's largest retailer, is rolling back its diversity, equity and inclusion policies.This brings it in line with several major corporations that hav...
Nov 26, 2024
How US cities are reimagining the future as office vacancy rates soar to 30-year high
Gary Hershorn/Getty Images(NEW YORK) -- Throughout the country, once bustling business districts have turned into ghost towns. The pandemic has shown that many jobs can be done remotely. Now some majo...
Nov 25, 2024
What is Bluesky? Social media platform tops 20 million users
Jakub Porzycki/NurPhoto via Getty Images(NEW YORK) -- Tech billionaire Elon Musk has kept busy since Election Day, advising President-elect Donald Trump and receiving an appointment to co-lead a new g...
Nov 22, 2024
Retirement plans are changing in 2025: What to know
J. David Ake/Getty Images(NEW YORK) -- If you are nearing retirement, you will soon be able to stash even more money into your nest egg -- if you can afford it.The Internal Revenue Service announced t...
Nov 21, 2024
Bitcoin reaches record high, vaults toward $100,000
Namthip Muanthongthae/Getty Images(NEW YORK) -- Bitcoin vaulted to a record high on Thursday, surging more than 3% in early trading and hurtling toward investors' long-sought milestone of $100,000.The...
Nov 21, 2024
