Category Archives: Business News – ABC Audio
ESPN, Warner Discovery, Fox Sports to launch joint sports streaming network
Igor Golovniov/SOPA Images/LightRocket via Getty Images)(NEW YORK) -- ESPN, Warner Discovery and Fox Sports announced Tuesday that they will partner to create a massive new streaming network dedicated...
Feb 06, 2024
McDonald's stock price drops after CEO promises affordability during latest earnings call
Anton Petrus/Getty Images(NEW YORK) -- Quick and cheap are two of the first words that come to mind when thinking about fast food. But some McDonald's customers have criticized the restaurant giant ov...
Feb 06, 2024
Americans' credit card debt hits record $1.13 trillion
IronHeart/Getty Images(NEW YORK) -- Americans' credit card balances climbed to a new record high $1.13 trillion, according to data released Tuesday by the Federal Reserve Bank of New York. Credit card...
Feb 06, 2024
Meta will label AI-generated images on Instagram and Facebook
Carol Yepes/Getty Images(NEW YORK) -- Meta will begin labeling images created by OpenAI, Midjourney and other artificial intelligence products, Nick Clegg, the company's president of global affairs, a...
Feb 06, 2024
Bissell recalls over 140,000 vacuum cleaners due to potential fire hazard
Bissell recalls multi reach hand and floor vacuum cleaners due to fire hazard. (Consumer Product Safety Commission)(NEW YORK) -- Bissell, a floor cleaning product company, recalled over 150,000 of its...
Feb 03, 2024
Four takeaways for parents from the Senate grilling of social media CEOs
Mark Zuckerberg, CEO of Meta, apologizes to families who have been harmed due to unsafe social media during the Senate Judiciary Committee hearing in the Dirksen Senate Office Building, Jan. 31, 2024,...
Feb 01, 2024
Federal judge dismisses Disney lawsuit against Gov. Ron DeSantis
Atlantide Phototravel/Getty Images(ORLANDO, Fla.) -- A federal judge in Florida has dismissed a lawsuit filed by Disney against Gov. Ron DeSantis and other state officials over the state legislat...
Jan 31, 2024
'We caused the problem': Boeing CEO takes accountability for Alaska Airlines door plug incident
Image Source/Getty Images(NEW YORK) -- Boeing CEO Dave Calhoun took responsibility for a door plug getting blown out of an Alaska Airlines flight over Oregon earlier this month in the company's fourth...
Jan 31, 2024
Social media CEOs to face grilling from senators on child safety
Tim Graham/Getty Images(WASHINGTON) -- The chief executives of the nation's top social media companies will testify before Congress on Wednesday in a hearing intended to drum up support for federal le...
Jan 31, 2024
Fed leaves interest rates unchanged, delaying anticipated rate cuts
Bloomberg Creative/Getty Images(WASHINGTON) -- The Federal Reserve left rates unchanged on Wednesday, delaying highly anticipated rate cuts that the central bank expects to make sometime this yea...
Jan 31, 2024
