Category Archives: Business News – ABC Audio

Some small businesses caught in culture wars face financial woes, employee fears: 'Never been as bad'
Marko Geber/Getty Images(DALLAS) -- When Republican Texas Gov. Greg Abbott declared a war on "woke" earlier this year with a proposal that would require booksellers to rate texts before selling them t...
Max Zahn, ABC News Sep 15, 2023

Ohio EV battery plant workers fight for better rights, pay
Nitat Termmee/Getty Images(NEW YORK) -- Lordstown, Ohio, has been a crucial and valued site in the automotive industry, and now it is at the crossroads of what could be a major labor movement. The 25-...
Anna Katharine Ping, Joe LoCascio and Ivan Pereira, ABC News Sep 15, 2023

Bud Light set to lose shelf space at major retailers, intensifying boycott woes
Kinga Krzeminska/Getty Images(NEW YORK) -- A boycott against Bud Light has hammered sales for months, dethroning the brand as the nation's most popular beer and demonstrating the longevity of an anti-...
Max Zahn, ABC News Sep 15, 2023

UAW launches strike against Big 3 automakers
MATTHEW HATCHER/Getty Images (NEW YORK) -- A union representing nearly 150,000 autoworkers launched a strike early Friday morning against the Big 3 U.S. automakers -- General Motors, Ford and Stellant...
Max Zahn, Jolie Lash, William Kim and Victor Ordonez, ABC News Sep 15, 2023

Strike against automakers could slow US economy, trigger job losses
Bill Pugliano/Getty Images(DETROIT) -- A potential strike at the Big 3 U.S. automakers -- General Motors, Ford and Stellantis – would threaten the livelihood of up to 143,000 workers and the bot...
Max Zahn, ABC News Sep 14, 2023

MGM reeling from cyber 'chaos' 5 days after attack as Caesars Entertainment says it was hacked too
Westend61/Getty Images(NEW YORK) -- Five days after a cyberattack crippled operations of MGM Resorts International, including its signature Las Vegas properties the Bellagio and the MGM Grand, the com...
Bill Hutchinson, ABC News Sep 14, 2023

Ford CEO 'very optimistic' about reaching agreement with auto workers' union as strike looms
ABC News(NEW YORK) -- About 146,000 auto workers are prepared to strike this week if their demands are not met by their employers – Big Three automakers General Motors, Ford and Stellantis....
ABC News Sep 13, 2023

Auto union president says they may strike all three automakers 'at once' as deadline nears
ABC News(DETROIT) -- As the strike deadline set by the United Auto Workers union approaches, the union's president said that, for the first time in history, they are prepared to strike all three ...
Kevin Shalvey, William Kim, and Victor Ordonez, ABC News Sep 13, 2023

Inflation ticked up for 2nd consecutive month in August
Anton Petrus/Getty Images(NEW YORK) -- Consumer prices rose 3.7% in August compared to a year ago, marking the second consecutive month of increased inflation and suggesting a bumpy path in the e...
Max Zahn, ABC News Sep 13, 2023

How technologies are helping shape surge of worker strikes in US
Michael M. Santiago/Getty Images(NEW YORK) -- A surge of work stoppages this year involving hundreds of thousands of employees has drawn attention to bold demands over wage increases and benefits as u...
Max Zahn, ABC News Sep 13, 2023
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