Category Archives: Business News – ABC Audio

FTC sues Amazon, accuses company of illegally maintaining monopoly power
Mint Images/Getty Images(NEW YORK) -- The Federal Trade Commission and 17 state attorneys general filed a lawsuit against Amazon on Tuesday, accusing the company of illegally maintaining its monopoly ...
ABC News Sep 26, 2023

Uber Eats to accept SNAP benefits for groceries following announcement from Instacart
Kinga Krzeminska/Getty Images(NEW YORK) -- Shoppers who rely on the Supplemental Nutrition Assistance Program, or SNAP, a federal program to provide food benefits to low-income households, will soon h...
Kelly McCarthy, ABC News Sep 26, 2023

Authors' lawsuit against OpenAI could 'fundamentally reshape' artificial intelligence, according to experts
Jason Marz/Getty Images(NEW YORK) -- A group of prominent authors joined a proposed class action lawsuit filed against OpenAI over allegations that products like ChatGPT make illegal use of their copy...
Max Zahn, ABC News Sep 25, 2023

Hollywood writers reached a tentative deal to end strike. What happens next?
Allen J. Schaben / Los Angeles Times via Getty Images(LOS ANGELES) -- The Writers Guild of America reached a tentative deal with the major film and TV studios on Sunday, effectively ending a strike th...
Max Zahn, ABC News Sep 25, 2023

James Bond isn't the only one who wants to drive an Aston Martin
Aston Martin(NEW YORK) -- For decades, the fictional spy James Bond helped boost sales of Aston Martin's beautifully designed sports cars and grand tourers. Now, the 110-year-old British marque h...
Morgan Korn, ABC News Sep 24, 2023

Biden says he will join picket line as UAW strike expands
MATTHEW HATCHER/AFP via Getty Images(DETROIT) -- President Joe Biden said he will join the picket line, as a labor strike against the three largest motor vehicle manufacturers in the United States exp...
Morgan Winsor, Zunaira Zaki, Victor Ordonez , and Meredith Deliso, ABC News Sep 22, 2023

Commerce Department finalizes rule on national security 'guardrails' for CHIPS funding
Kevin Dietsch/Getty Images(WASHINGTON) -- The Commerce Department finalized the national security "guardrails" in which recipients who receive CHIPS and Science Act funding must abide by. The CHIPS an...
Luke Barr, ABC News Sep 22, 2023

Rupert Murdoch stepping down as chairman from Fox, News Corp.
Victoria Jones/PA Images via Getty Images(NEW YORK) -- Rupert Murdoch is stepping down as chairman of Fox Corporation and News Corp., Fox has announced. His son, Lachlan Murdoch, will become the chair...
Emily Shapiro and Max Zahn, ABC News Sep 21, 2023

Exclusive: Oscar Mayer reintroduces Wienermobile to the road
Oscar Mayer(NEW YORK) -- Nostalgia wins in the court of cars and cold cuts. After the iconic hot dog on wheels for Oscar Mayer was rebranded as the Frankmobile earlier this summer -- specifically to c...
Kelly McCarthy, ABC News Sep 21, 2023

Detroit Auto Show underway amid historic UAW strike
Mike Dobuski/ABC News(DETROIT) -- The Detroit Auto Show is underway this week, against the backdrop of an historic strike effort from unionized auto workers. Almost every year since 1907, Detroit has ...
Michael Dobuski, ABC News Sep 20, 2023
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