Category Archives: Business News – ABC Audio
Red Lobster eyes bankruptcy option after $11M in losses from endless shrimp
Via Red Lobster(NEW YORK) -- Red Lobster is in hot financial waters, attempting to stay afloat by eyeing Chapter 11 bankruptcy to restructure its debts after an endless shrimp promotion sank the seafo...
Apr 18, 2024
Why the UAW vote at Volkswagen is significant for workers across US
The Washington Post via Getty Images(CHATTANOOGA, Tenn.) -- The United Auto Workers achieved a landmark victory last fall, when a strike against the Big 3 U.S. carmakers delivered substantial gains fo...
Apr 17, 2024
PepsiCo recalls sugar-free Schweppes Ginger Ale for containing 'full sugar'
Pepsi Co(NEW YORK) -- PepsiCo Inc has initiated a voluntary recall of some sugar-free and caffeine-free Schweppes Ginger Ale products because they contain "full sugar," according to the U.S. Food and ...
Apr 17, 2024
What parents should know about the new FAFSA
Klaus Vedfelt/Getty Images(NEW YORK) -- At the end of 2023, the federal government said it would update the Free Application for Federal Student Aid form, better known as FAFSA, ahead of the 2024-2025...
Apr 17, 2024
Why is Trump's Truth Social stock plummeting?
Andrew Harnik/Getty Images(NEW YORK) -- Shares of Truth Social soared after the company’s market debut last month -- but the stock price has plummeted since then.After vaulting from an initial o...
Apr 16, 2024
Starbucks introduces new drink options adding a fiery twist to spring
Starbucks(NEW YORK) -- Starbucks is unveiling brand-new Starbucks Refreshers with a fiery new spring twist.Starting Tuesday, April 16, Starbucks will unveil new Spicy Lemonade Refreshers in three diff...
Apr 16, 2024
Electric sports cars are starting a 'performance arms race,' engineer says
McLaren(NEW YORK) -- Are we entering a "performance arms race" between internal combustion engine and electric sports cars?Some engineers and top auto executives are beginning to question the superior...
Apr 13, 2024
Gold prices hit a record high. What's behind the surge?
Getty Images - STOCK(NEW YORK) -- Shoppers are flocking to Costco for gold bars but they're hardly the only ones scooping up the precious metal.Investors drove gold prices to a record high on Friday, ...
Apr 12, 2024
How to get a last-minute tax filing extension
filo/Getty Images(NEW YORK) -- Tax season, beloved by few and dreaded by many, comes to a close on Monday. For some tardy filers, though, the task will just be getting started.Up to one in three Ameri...
Apr 12, 2024
Popular 'Buy Now, Pay Later' programs come with help and headaches
The Afterpay application login page arranged on a smartphone, Aug. 3, 2021. -- Brent Lewin/Bloomberg via Getty Images(NEW YORK) -- The Buy Now, Pay Later (BNPL) trend, a significant shift in shopping ...
Apr 12, 2024
