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ABC Business News
Spotify CEO says ‘canceling voices is a slippery slope’ as Joe Rogan backlash mounts
Getty Images/Carmen Mandato (NEW YORK) — Even in the face of mounting backlash, streaming giant Spotify is standing by embattled podcast host Joe Rogan. While the controversy initially centered around the spread of COVID-19 misinformation [Read More…]
Frontier and Spirit airlines to merge
CT757fan/Getty Images (DENVER) — Low-cost carriers Frontier Airlines and Spirit Airlines announced plans on Monday to merge, which would create the fifth-largest U.S. airline by revenue passenger miles. The deal, which is valued at more [Read More…]
Flower prices rising ahead of Valentine’s Day
ArtistGNDphotography/Getty Images (DALLAS) — With Valentine’s Day just one week away, the rush is on to get that special someone something special. But if flowers are a part of your gift, you’d better act fast [Read More…]
Black History Month: How stores are celebrating, honoring and giving back
BojanMirkovic/Getty Images (NEW YORK) — Black History Month is here, and many retailers are not only celebrating, but also amplifying and giving back to Black communities in beautiful ways. From big-box retailers such as Walmart [Read More…]
NewsCorp hit with cyberattack, allegedly from China
Spencer Platt/Getty Images (NEW YORK) — Rupert Murdoch-owned media conglomerate NewsCorp was hit with a cyberattack, and a leading cybersecurity firm, Mandient, brought in to investigate concluded the activity was likely from China, NewsCorp said [Read More…]
How Black families can achieve financial freedom
ABC News (NEW YORK) — In the United States, Black families have an estimated one-eighth of the wealth that white families have, according to research from the McKinsey Institute of Black Economic Mobility. Federal policies, [Read More…]
Delta CEO: Put convicted unruly passengers on national ‘no-fly’ list
Eric Lee/Bloomberg via Getty Images (WASHINGTON) — After the worst year in history for unruly airline passengers, Delta’s CEO is asking the Department of Justice to help create a national “no-fly” list for anyone convicted [Read More…]
Flight attendants outraged at Southwest’s decision to resume alcohol sales
David Paul Morris/Bloomberg via Getty Images (NEW YORK) — Southwest flight attendants are “outraged” after the airline announced on Thursday that it is planning to resume on-board alcohol sales in two weeks. The airline had [Read More…]
Amazon union saga in Alabama spotlights ‘David versus Goliath nature’ of US labor laws
PATRICK T. FALLON/AFP via Getty Images (NEW YORK) — It was dubbed a watershed moment for the withering organized labor movement when the first-ever union election at an Amazon warehouse took place last spring in [Read More…]
Starbucks expects price increases, citing inflation, COVID pay and staffing costs
Starbucks (NEW YORK) — Starbucks will continue to raise prices in 2022 due to a combination of labor costs and supply chain disruptions. The Seattle-based coffee giant announced Tuesday that between a rising cost of [Read More…]
Monster storm fuels most flight cancellations of year
IronHeart/Getty Images (DALLAS) — A monster winter storm is fueling the worst travel day of the year — with more than 4,000 flights canceled Thursday morning as of 10 a.m. per FlightAware. This is the [Read More…]
Sacklers ‘close’ to deal to contribute additional cash in opioid settlement
Michael Nigro/Pacific Press/LightRocket via Getty Images, FILE (NEW YORK) — The family that owns Purdue Pharma is “close” to an agreement that substantially increases its financial contribution to a nationwide opioids settlement, according to a [Read More…]
Spotify’s handling of COVID-19 misinformation on Joe Rogan’s podcast takes heat from critics
iStock/koto_feja (NEW YORK) — After managing to avoid the same level of scrutiny as fellow tech giants such as Twitter and Facebook for years, streaming service Spotify has now found itself at the center of [Read More…]
Veganuary is over, but this is how you can keep shopping sustainably
Andreas Rentz/Getty Images for Marc Cain (NEW YORK) — Veganuary is over, but that doesn’t mean your sustainable fashion journey has to be. The Veganuary challenge was created by a UK nonprofit of the same [Read More…]
‘Out of control’: Buyers paying thousands over sticker price for new cars
KIA (NEW YORK) — Looking to buy a new Kia Telluride sport utility vehicle? Expect to pay $48,509 — more than $3,700 above the manufacturer’s suggested retail price. Luxury SUVs like the Range Rover ($117,890) [Read More…]
How the metaverse could impact the world and the future of technology
Jakub Porzycki/NurPhoto via Getty Images (NEW YORK) — Facebook’s announcement in October that it was further embracing the metaverse and rebranding itself as Meta set off a firestorm. While experts say the metaverse is still [Read More…]
What to expect from more grocery store price hikes, products impacted
Mario Tama/Getty Images (NEW YORK) — Prices have continued to climb from the grocery store to the gas station amid the pandemic. According to a new report, the prices of some foods and household staples [Read More…]
Commission approves new safety standards for crib mattresses
Kyryl Gorlov / EyeEm/Getty Images (NEW YORK) — After 139 child deaths since 2010, new safety standards for crib mattresses will go into effect this fall. The Consumer Product Safety Commission approved a new rule [Read More…]
Commission approves new safety standards for crib mattresses
Kyryl Gorlov / EyeEm/Getty Images (NEW YORK) — After 139 child deaths since 2010, new safety standards for crib mattresses will go into effect this fall. The Consumer Product Safety Commission approved a new rule [Read More…]
Black-owned autonomous grocery store opens in Georgia
Nourish + Bloom Market (FAYETTEVILLE, Ga.) — When Jilea Hemmings’ oldest son was diagnosed with autism, she and her husband, Jamie, started experimenting with food that seemed to help improve their child’s performance. The Georgia [Read More…]