Category Archives: Business News – ABC Audio
Apple Vision Pro: Why does it cost $3,499 and will people pay it?
In this June 5, 2023, file photo, Apple CEO Tim Cook stands next to the new Apple Vision Pro headset, displayed during the Apple Worldwide Developers Conference in Cupertino, Calif. -- Justin Sullivan...
Jan 26, 2024
Energy Secretary Jennifer Granholm is confident more Americans will love electric vehicles
ABC News(WASHNGTON) -- Energy Secretary Jennifer Granholm can relate to Americans' anxiety over electric vehicles. The former governor of Michigan and longtime EV owner (who currently drives a Ford Ma...
Jan 26, 2024
Treasury Secretary Janet Yellen says 2024 is going to be a 'very good' year for the economy
ABC News(CHICAGO) -- With the economy looming large in the 2024 election, Treasury Secretary Janet Yellen said Thursday she sees "no reason" for a recession this year and insisted consumers are turnin...
Jan 26, 2024
Tesla stock plummets more than 10% after earnings miss expectations
lvcandy/Getty Images (NEW YORK) -- Shares of Tesla plummeted more than 10% in afternoon trading on Thursday, less than 24 hours after the company reported earnings that fell short of expectations and ...
Jan 25, 2024
Dunkin' faces potential class-action lawsuit for alleged discriminatory upcharge on nondairy milks
An exterior view of the Dunkin' Donuts restaurant in Muncy, Pennsylvania, June 10, 2023. (Paul Weaver/SOPA Images/LightRocket via Getty Images)(NEW YORK) -- Lactose intolerant coffee drinkers who opt ...
Jan 25, 2024
Judge upholds 'Pharma Bro' Martin Shkreli's ban from pharmaceutical industry
Martin Shkreli, former chief executive officer of Turing Pharmaceuticals AG, exits court in New York, US, on Wednesday, Oct. 4, 2023. (Bloomberg / Contributor/Getty Images)(NEW YORK) -- Martin Shkreli...
Jan 23, 2024
The IRS announces plans to simplify and redesign tax notices
d3sign/Getty Images(NEW YORK) -- With tax season set to kick off next week, the IRS is launching a new initiative to redesign and simplify common tax documents. The changes will eventually apply to ar...
Jan 23, 2024
Venmo, Zelle, Cash App leaving users vulnerable to fraud: Manhattan DA
sesame/Getty Images(NEW YORK) -- Venmo, Zelle and Cash App are leaving consumers vulnerable to fraud that's "draining bank accounts of significant sums of money," Manhattan District Attorney Alvi...
Jan 23, 2024
Baby clothing company faces criticism over handling of employee's maternity leave
Isabel Pavia/Getty Images(NEW YORK) -- A children's clothing brand is facing criticism for the way it handled one employee's request to work remotely while her newborn son was treated in the neonatal ...
Jan 23, 2024
How the 'loud budgeting' viral trend could help you save money
d3sign/Getty Images(NEW YORK) -- TikTok users are loud and proud, not just about their dance moves and style choices, but also when it comes to budgeting. The recent #loudbudgeting trend, which has ra...
Jan 22, 2024
