Category Archives: Business News – ABC Audio
Boeing paid Alaska Airlines $160M in compensation after door plug incident, airline says
Stephen Brashear/Getty Images(NEW YORK) -- Boeing has paid Alaska Air Group approximately $160 million in compensation following the door plug incident on Alaska flight 1282, according to an SEC filin...
Apr 04, 2024
Cosmic yoga, portable toilets: Solar eclipse will deliver 'tourism boom' for economy
People watch the Annular Solar Eclipse with using safety glasses in Brownsville, Texas on Oct. 14, 2023. (Mike Gonzalez/Anadolu via Getty Images)(NEW YORK) -- A fully booked hotel in Maine said it rec...
Apr 04, 2024
Largest US egg producer temporarily halts production due to avian flu at Texas facility
d3sign/Getty Images(NEW YORK) -- As avian flu continues to spread in birds across the United States, a major chicken egg manufacturer has temporarily halted production after the highly contagious dise...
Apr 04, 2024
Fed Chair Jerome Powell pumps brakes on rate cuts
Justin Sullivan/Getty Images(WASHINGTON) -- The Federal Reserve will see if inflation moves beyond its current rough patch before imposing highly anticipated interest rate cuts, Fed Chair Jerome Powel...
Apr 03, 2024
Disney shareholders reject activist investor Nelson Peltz's board nominees
VALERIE MACON/AFP/Getty Images(NEW YORK) -- Disney shareholders on Wednesday rejected board nominees allied with activist investor Nelson Peltz, ending a combative, months-long proxy battle centered o...
Apr 03, 2024
What to know about JetBlue checked bag pricing, increased fees for Trusted Traveler Programs
onurdongel/Getty Images(NEW YORK) -- As airlines continue to update baggage policies and everywhere from fast food chains to theme parks introduce dynamic pricing, JetBlue is combining the two busines...
Apr 03, 2024
Trump's social media company sues co-founders, seeks to forfeit their shares
RapidEye/Getty Images(NEW YORK) -- Trump Media & Technology Group is attempting to force two of the company's co-founders to forfeit their shares and give up any claim to the company's leadership....
Apr 03, 2024
Shares of Trump's Truth Social drop more than 20% after company discloses $58M loss
Anna Barclay/Getty Images(NEW YORK) -- Shares of former President Donald Trump's social media platform dropped more than 20% on Monday after the company disclosed a net loss at the end of last year of...
Apr 02, 2024
Data from 73M current, former customers leaked on dark web, AT&T confirms
Attendants passing by AT&T's stand are seen during day 1 of Mobile World Congress 2023 at Fira Barcelona on February 27, 2023 in Barcelona, Spain. (Photo by Joan Cros Garcia - Corbis/Getty Images)...
Apr 01, 2024
How Kia's design chief is making Americans want to drive sedans again
The 2024 Kia Telluride. -- Kia(NEW YORK) -- Kia's K4 sedan, a sleek, compact four-door that debuted this week at the New York International Auto Show, has stiff competition -- mainly from the Korean b...
Apr 01, 2024
