Category Archives: Business News – ABC Audio

Elon Musk wants more control of Tesla. Why some experts say it could be risky
Antonio Masiello/Getty Images(NEW YORK) -- Tesla CEO Elon Musk is seeking greater voting control of the electric carmaker, threatening to otherwise pursue major projects such as artificial intell...
Max Zahn, ABC News Jan 16, 2024

American dream far from reality for most people: POLL
Joseph Sohm; Visions of America/ Getty Images(NEW YORK) -- In a dispiriting sign of the times, barely more than a quarter of Americans say the American dream still holds true -- about half as many as ...
Gary Langer, ABC News Jan 15, 2024

What the US attack in Yemen means for oil prices, inflation
Anton Petrus/Getty Images(NEW YORK) -- U.S. airstrikes against Houthi targets in Yemen on Thursday night escalated an ongoing conflict over a shipping route that holds significant implications for oil...
Max Zahn, ABC News Jan 12, 2024

FAA announces increase in oversight on Boeing production following Alaska Airlines incident
Eric Thayer/Bloomberg via Getty Images(WASHINGTON) -- The Federal Aviation Administration announced it will take the significant step of increasing its oversight over Boeing and begin an immediate aud...
Amanda Maile, ABC News Jan 12, 2024

US approved bitcoin ETFs. Are they a good investment?
Westend61/Getty Images(NEW YORK) -- Trading is set to begin for a new type of bitcoin fund that gives investors access to the crypto market without some of the hassle and fees of owning bitcoin outrig...
Max Zahn, ABC News Jan 11, 2024

eBay to pay $3 million for harassment targeting Massachusetts couple over newsletter
Mateusz Slodkowski/SOPA Images/LightRocket via Getty Images(WASHINGTON) -- eBay will pay a $3 million criminal penalty for a campaign of harassment and intimidation undertaken by company executives th...
Max Zahn, ABC News Jan 11, 2024

DOT announces $623 million in grants to support EV charging infrastructure
Jon Challicom/Getty Images(WASHINGTON) -- The Department of Transportation has announced $623 million in grants to support electric vehicle (EV) charging infrastructure across the country. "We're at a...
Clara McMichael, ABC News Jan 11, 2024

Inflation jumped in December, complicating Fed aim of interest rate cuts
Javier Ghersi/Getty Images(NEW YORK) -- Consumer prices rose 3.4% in December compared to a year ago, accelerating markedly from the previous month and defying a smooth path down to normal levels, a r...
Max Zahn, ABC News Jan 11, 2024

How passenger electric planes could become a reality within the next decade
Elysian(NEW YORK) -- The race to decarbonize the aviation industry is heating up, with researchers finding a way to make passenger airplanes operate on 100% electric power. A newly designed electric a...
Julia Jacobo, ABC News Jan 11, 2024

Benny T's Vesta Dry Hot Sauces recalled due to possible life-threatening mislabeling issue
FDA(NEW YORK) -- Spicy condiments from spreads to sauce have been dubbed a top food trend of 2024, but one brand is alerting consumers to toss out some of its products, as they could be dangerous for ...
Kelly McCarthy, ABC News Jan 11, 2024
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