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iStock/Thinkstock(NEW YORK) -- Wall Street closed in the green on Tuesday thanks to new data on consumer confidence, breaking the Dow Jones Industrial Average's eight-day losing streak.

The Dow Jones jumped 150.52 ( 0.73 percent) to finish at 20,701.50.

The Nasdaq gained 34.77 ( 0.60 percent) to close at 5,875.14, while the S&P 500 finished at 2,358.57, up 16.98 ( 0.73 percent) from its open.

Crude oil prices were over $48 a barrel; about 1 percent higher.

Consumer Confidence: According to data from the Conference Board, consumer confidence in the U.S. increased sharply in March for a 16-year high. The consumer confidence index jumped to 125.6 last month from 116.1 in February as consumers "expressed much greater optimism regarding the short-term outlook for business, jobs and and personal income prospects," the Conference Board said.

Winners and Losers: Shares in Apple Inc. soared 2 percent for a new record after a UBS analyst said shares of the tech giant could hit $200.

Facebook's announcement of "Facebook Stories," similar to Snapchat, caused Snap Inc.'s stock to tumble 7 percent. Shares of Facebook closed 1 percent higher.

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ABC News(WASHINGTON) -- When President Donald Trump signed an executive order Tuesday that initiated a review of the Clean Power Plan (CPP) and unraveled other Obama-era energy orders and memorandums, he did so with the stated intention of creating and protecting jobs. But the verdict is still out whether that goal will be accomplished.

"We love our coal miners, great people," Trump said after signing the order. "I made them this promise: We will put our miners back to work."

The divide of opinion seemed to be set along the lines of one's proximity to the coal industry: Representatives of coal workers who spoke to ABC News seemed to agree with the administration that the executive order would help protect jobs or spur job creation, while economists and environmentalists disagreed.

Trump made job creation a central part of his campaign for president, and he trounced his opponent, Hillary Clinton, in coal-dependent regions like West Virginia, which he won by a roughly 40 percent margin.

The coal industry was especially fertile territory for Trump's jobs promises, having lost tens of thousands of jobs over the last three decades, according to the U.S. Department of Labor.

According to the department, the number of coal jobs dropped to 98,000 in 2015, from over 186,000 in 1985.

Likewise, facilities that burn coal are shutting down. The Sierra Club, an environmental advocacy group, boasts that 251 coal-burning power plants have shuttered since 2010 or are scheduled to close.

Vice President Mike Pence returned to Trump's campaign theme of jobs at a rally in Charleston, West Virginia, on Saturday, raising the curtain for Tuesday's maneuvers.

"We're going to bring back jobs," Pence said at the rally. "We're going to get Washington out of the way of energy producers and coal miners because energy means growth for America, and President Trump digs coal."

Scott Pruitt, the head of the Environmental Protection Agency, who has criticized federal regulations throughout his career in public life, stressed the theme of job creation in relation to the executive order, telling ABC's George Stephanopoulos on Sunday that Trump's efforts will help not just the coal industry.

"It will bring back manufacturing jobs across the country." Pruitt said. "Coal jobs across the country."

White House press secretary Sean Spicer told reporters Tuesday that he could not put a number on the jobs that would be created by the administration's new executive action on energy but said that the mining industry was for it.

"I will tell you that, from a mining perspective, the miners and the owners are very, very bullish on this. So the people in the business applaud this effort, believe it will do a lot to revive the industry," he said. "I know that the industry itself said so."

Phil Smith, the director of communications and governmental affairs for the United Mine Workers of America, believes Trump's actions have the potential to save "tens of thousands of coal and coal-related jobs."

"We believe the Clean Power Plan, as proposed, was flawed. That is why we joined the suit to keep it from going into effect," Smith told ABC News. "Since the CPP had not gone into effect yet, it hadn't cost any jobs. But we estimated that it would cost tens of thousands of coal and coal-related jobs once it was fully implemented. Those jobs will not be at risk in the future from this source now."

Bill Raney, the president of the West Virginia Coal Association, echoed Smith's thoughts but declined to estimate how many jobs would be saved or created.

"The number of jobs is very difficult to quantify, but it brings with it a good, positive attitude about the coal industry," Raney said.

He said he was hopeful that the administration would pledge to invest in coal research, which he asserted would help the industry compete with renewable energy sources, like wind and solar, that were favored by the Obama administration.

"We're hoping that there's going to be a ramp up of research after this action," Raney said.

Outside the coal industry, however, voices on the subject were considerably less sunny.

Richard Revesz, the director of the Institute for Policy Integrity, a nonpartisan think tank at the New York University School of Law dedicated to improving the quality of government decision-making, told ABC News by email that the order will ultimately hurt the economy.

"There is no consistent evidence that regulations contribute to long-term changes in the unemployment rate, and rolling back regulations will not create jobs," he said.

He noted that coal jobs have been lost mainly because of increasing automation and the low price of natural gas, which will not be affected by a reconsideration of the CPP.

Moreover, the executive order threatens a policy that "aims to give taxpayers fair market value for coal mined on public land, and it tries to eliminate a tool used to evaluate economic damages from climate change," he said.

"This executive order will hurt our economy," Revesz said, "not boost domestic energy or create jobs."

Christopher Knittel, the director of the Center for Energy and Environmental Policy Research at the Massachusetts Institute of Technology, agreed with some of Revesz's criticisms but called a decline in gas prices "the most important factor" for the reduction in coal jobs, followed by state-level renewable energy policies.

"So neither of those things are at all related to the Clean Power Plan," Knittel said. "Those things will still exist even after today's executive order."

He said Trump's pro-drilling policies could continue to drive down gas prices, which would work against bringing back jobs in the coal industry.

"The president's energy goals run counter to each other," Knittel said.

He agreed with Raney that research would help the industry but argued that if Trump is serious about saving coal industry jobs, he will invest in carbon capture and sequestration technology and enable coal workers to sell their product abroad to places like Europe and China.

"That would allow for our coal to burn in a more climate-change-friendly way not just in the U.S. but internationally as well," Knittel said.

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Jonathan Nissenbaum (NEW YORK) -- The chance to play the late David Bowie’s piano while enjoying unobstructed views of Central Park in a New York City apartment could be yours for $6.495 million.

A three-bedroom, two-and-a-half-bath apartment once owned by Bowie and his wife, Iman, went on the market on Monday. The couple sold the apartment, located in the Essex House on Central Park South, in 2002, 10 years after they wed.

Bowie’s Yamaha piano was included in the 2002 sale and has remained in the apartment ever since.

The current sellers, who did not buy the apartment from Bowie and Iman, are keeping the tradition alive by including the piano in the listing price.

“I would imagine it is hard to move but I think it’s really a great catch for buyers,” the apartment’s exclusive agent, Bernice Leventhal of the Corcoran Group, told ABC News.

The 1,877-square-foot home is used as a pied-à-terre by its current owners. It features a limestone foyer, walk-in closet, two master-sized bedrooms and a master bath with a rain shower and heated floors.

Along with all the amenities, the apartment's real selling point, in addition to Bowie’s piano, is the view.

“The living room is very expansive and then you have this amazing office that faces Central Park,” said Leventhal, who is leading the sale with her Corcoran partner, Sarah Thompson. “[It has] stunning, unobstructed views of Central Park.”

Bowie died last year at the age of 69 after a battle with cancer. He and Iman, a model and businesswoman, were married for 24 years and have one child together, daughter Alexandria “Lexi” Zahra Jones.

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Ford Motor Company(DEARBORN, Mich.) — Ford is bringing more jobs to Michigan. The automaker announced Tuesday that it will invest $1.2 billion to refurbish three manufacturing facilities there.

Auto sales have been flat, but Ford is betting on mid-sized SUVs and pickup trucks. The company says it plans to bring back the Bronco and Ranger models, and it will outfit its Michigan Assembly Plant to build both. Employees will begin building the new Ranger at the close of 2018 and the Bronco in 2020.

“At Ford, we are investing aggressively in building on our strengths today — including trucks, vans, commercial vehicles, performance vehicles and SUVs — while at the same time growing our leadership in electrification, autonomy and mobility services,” Ford president for the Americas Joe Hinrichs said in a company statement. “As America’s top producer of automobiles, we are proud to be going even further in our commitment to invest in manufacturing here at home.”

The engines will be made at a separate Michigan plant, where Ford says 130 jobs will be created or retained.

Ford is also building a $200 million data center to support its goal of making electrified and autonomous vehicles.

Tuesday’s announcement comes in a recent streak of Ford investments. Over the last three months, the auto manufacturer announced $1.9 billion in investments within the state of Michigan alone. The company has invested $12 billion in U.S. plants over the last five years, generating roughly 28,000 jobs.

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iStock/ThinkstockIf you have someone come in to clean your house, babysit your kids on a regular basis or maintain your lawn, you know that you should be including the proper IRS withholding in their pay.

If you don't, consider this a lesson that you need to learn now, and even if you do, there are some changes in the tax laws this year. IRS spokesman Anthony Burke says you may have already missed out on an important deadline.

"If you have people who work in your home, then you have to file a form Schedule H," he says. "Then you would need to get the W-2s and related W-3s to the Social Security Administration by January 31st, which is new for some people this year."

Burke says if you think you've missed the deadline, contact the IRS as soon as possible because they may be able to work out an arrangement with you. If you don't, he says, you're on your own.

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Creatas/Thinkstock(WASHINGTON) -- After President Trump's bid to repeal and replace Obamacare -- a hallmark campaign promise -- flopped in the U.S. House last week, Republicans will look to tax reform in an attempt to deliver the first major legislative accomplishment of the GOP government, which controls both houses of Congress and the presidency.

Trump has long promised a simpler tax code with lower tax rates for corporations and tariffs on companies who move outside the United States. “We’ll probably be going right now for tax reform,” Trump said in the Oval Office after Speaker Paul Ryan pulled the bill from the floor.

Here's what we know and don't know about the potential tax reform efforts:

What Trump has promised on tax reform

Trump's plan, revealed during the campaign, centers around nixing income taxes for individuals making less than $25,000 a year or for couples making less than $50,000 per year. "They get a new one page form to send the IRS saying, 'I win,'" says Trump's tax reform plan from the campaign. "The Trump plan eliminates the income tax for over 73 million households."

"All other Americans will get a simpler tax code with four brackets – 0%, 10%, 20% and 25% – instead of the current seven," the plan states, adding that the higher brackets would have fewer options for deductions. "Simplifying the tax code and cutting every American’s taxes will boost consumer spending, encourage savings and investment, and maximize economic growth."

For single filers under Trump's plan, those earning $150,001 and up would pay the top rate of 25 percent as well as 20 percent on capital gains. Tax brackets for 2016 range from 10 percent for single people making less than $9,275 to 39.6 percent for single filers making $415,050 or more.

The president has also pledged to eliminate the Alternative Minimum tax, which affects high-income Americans who take lots of deductions. Tax returns from 2005 showed Trump paid most of his taxes that year because of the AMT.

Trump's plan also says businesses should expect their taxes to go down. "No business of any size, from a Fortune 500 to a mom and pop shop to a freelancer living job to job, will pay more than 15% of their business income in taxes," says Trump's tax reform plan.

The federal corporate tax rate ranges from 15-35 percent, according to the Government Accountability Office.

"These lower rates will provide a tremendous stimulus for the economy – significant GDP growth, a huge number of new jobs and an increase in after-tax wages for workers," the Trump plan states. Trump has routinely said that American corporate tax rates are prompting many businesses to grow overseas and ship their goods into the United States.

Despite the loss of revenue from both of these tenets of the bill, Trump's plan the bill will be "fully paid for" and "fiscally responsible." One of the main drivers would be a border adjustment tax -- a tariff on goods imported into the United States from other countries. "I think another point that's important to the president is a potential border tax -- that we start evening up the playing field between our country, countries around the world," said White House chief of staff Reince Priebus on Fox News.

The plan also calls for "a one-time deemed repatriation of corporate cash held overseas at a significantly discounted 10% tax rate" and "reducing or eliminating deductions and loopholes available to the very rich."

What the Freedom Caucus is saying

In order to pass comprehensive tax reform, Trump and Ryan will likely need to win the support of the most conservative wing of the Republican Party, dubbed the "Freedom Caucus." This group of holdout Republicans refused to support the AHCA.

"I think there has been a lot of flexibility in terms of some of my contacts and conservatives in terms of not making it totally offset," said Rep. Mark Meadows, the leader of the Freedom Caucus on ABC News' "This Week." "Tax reform and lowering taxes, you know, will create and generate more income. And so we're looking at those, where the fine balance is. But does it have to be fully offset? My personal response is no."

"We haven't taken any official position on the border adjustment tax. We'll be talking not only to the speaker on that," said Meadows. "But we'll be talking to the administration, as well, on what they want to see. I know they have some specific ideas. And as we look to tax reform, the big debate will be over that border adjustment tax. But we're in the information-gathering mode right now."

Meadows had previously expressed his support for passing a bill without a border adjustment tax. "Let's go ahead and pass one without border adjustment, assuming that we can lower corporate [taxes] to 20 percent, flatten the rate out for individuals," he told Axios. "We're just saying alright, let's go ahead and advance tax reform on its own individual merits without the pay-for with the border adjustment tax. I believe we can pass it in the House, and we might even be able to pass it in the Senate."

What Democrats are saying

Democrats have made it clear that they are not on board with lowering taxes on high-income Americans and big businesses, accusing Trump and the Republicans of being in the pockets of special interests.

"The president campaigned as a populist against the Democratic and Republican establishments. But he's been captured by the hard right wealthy special interests," Senate Minority Leader Chuck Schumer told ABC News' George Stephanopoulos on "This Week" on Sunday. "If they do the same thing on tax reform, and the overwhelming majority of the cuts go to the very wealthy, the special interests, corporate America, and the middle class and poor people are left out, they'll lose again."

"If he aims a proposal aimed at the middle class and the poor people, doesn't give breaks to the rich ... we could work with them. But I don't think they're headed in that direction," Schumer continued. "If they want to actually spend some money, Meadows would be vehemently opposed and he'd have to break with the hard right and his caucus, we'll talk to them for sure."

Still, Priebus said he was optimistic some Democrats would get on board. "I think that, moving forward, the president's vision of lowering taxes for every American is what's going to unite not just the Republican Party, but I think some of those Democrats are going to come on board as well," he said.

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iStock/Thinkstock(WASHINGTON) -- The Federal Communications Commission is warning consumers about a new scam that is hooking consumers with just one word: Yes.

According to the FCC, the scam begins as soon as a person answers the phone. A recorded voice or an actual person asks: "Can you hear me?" And the consumer responds, "Yes."

"The caller then records the consumer's 'Yes' response and thus obtains a voice signature. This signature can later be used by the scammers to pretend to be the consumer and authorize fraudulent charges via telephone," an FCC news release said.

"According to complaints the FCC has received and public news reports, the fraudulent callers impersonate representatives from organizations that provide a service and may be familiar to the person receiving the call, such as a mortgage lender or utility, to establish a legitimate reason for trying to reach the consumer," the news release said.

Theresa Thomas said Monday that she'd received a similar phone call about a month ago.

"The person on the other line sounded like a young woman. She was giggling and she said: 'Oh, I didn't expect you to pick up! Can you hear me?'" Thomas said. "Which, of course, if someone asks if you can hear them, I said the logical thing and I said 'Yes.' And she proceeded to talk."

Thomas said she soon realized that the caller was a recording, hung up the call and then blocked the phone number. The next day, she learned of the scam on social media.

The FCC advised consumers to immediately hang up if they receive this type of call. It also said that if consumers had responded "Yes" to a similar call in the past, they should keep an eye on all financial statements for any unauthorized charges.

Thomas said that she'd been checking her credit-card and bank accounts and had reported the incident to the Better Business Bureau.

"I have not seen anything negative happen from that but it's just good to be aware," Thomas said.

The FCC also shared the following tips:

  1. Don't answer calls from unknown numbers. Let them go to voicemail.
  2. If you answer and the caller (often a recording) asks you to hit a button to stop receiving calls, just hang up. Scammers often use these tricks to identify, and then target, live respondents.
  3. If you receive a scam call, write down the number and file a complaint with the FCC so we can help identify and take appropriate action to help consumers targeted by illegal callers.
  4. Ask your phone service provider if it offers a robocall blocking service. If not, encourage your provider to offer one. You can also visit the FCC's website for information and resources on available robocall blocking tools to help reduce unwanted calls. Consider registering all of your telephone numbers in the National Do Not Call Registry.

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iStock/Thinkstock(NEW YORK) -- Wall Street closed lower Monday as the Dow Jones Industrial Average posted yet another losing session.

The Dow Jones sunk 45.74 (-0.22 percent) to finish at 20,550.98 for its eighth day of losses.

The Nasdaq gained 11.64 ( 0.20 percent) to close at 5,840.37, while the S&P 500 finished at 2,341.59, down 2.39 (-0.10 percent) from its open.

Crude oil prices were under $48 a barrel; about 0.4 percent lower.

President Trump: Investors are still weighing President Trump's Friday health care defeat after Republicans withdrew the bill due to lack of support from within the party and from Democrats. Now, investors are waiting to learn more about the president's plans for tax reform and regulation cuts.

Winners and Losers: Snapchat parent Snap Inc. soared nearly 5 percent after it was handed several "buy" ratings from analysts.

Shares in Foamix Pharmaceuticals tumbled about 42 percent on news it failed to reach goals in a Phase 3 study for its acne drug.

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ABC News(NEW YORK) — Real estate that belonged to President Trump before he started putting his name on things has sold at a nifty profit. Long before Trump Tower on 5th Avenue, there was 8515 Wareham Place.

Until he was four years old, President Trump grew up in a five-bedroom Tudor-style home in the Jamaica Estates section of Queens. Isaac Kestenberg lived in that house for eight years.

“Tourists from Europe — from everywhere come to take a picture,” he said.

Kestenberg sold the home in December for $1.4 million and the house just sold again at auction for more than $2.1 million dollars.

The auction house, Paramount Realty USA, said the sale price is more than double the average list price for similar homes in the neigborhood.

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iStock/Thinkstock(WALTHAM, Mass.) -- A scientist and inventor affiliated with Brandeis University has solved an age-old problem: wine bottles that drip after you pour them.

Wine, like any liquid, loves the slippery surface of glass, which leads to the inevitable drip down the side after you pour a glass.

Usually a plug-in nozzle or a towel wrapped around a bottle was needed to catch that stray swish -- but thanks to scientist Daniel Perlman, those are no longer needed.

Perlman studied the flow of liquid on bottles for three years, finally realizing that etching a groove right under the wine bottle's lip does the trick.

The tiny notch is just enough to catch the drip, sparing your linens.

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iStock/ThinkstockThere are a lot of financial benefits to being married. But that's not always the case at tax time.

"There's both a marriage penalty, but also because we have something called the Alternative Minimum Tax, which snags a lot of people and you end up owing money when you're not prepared for it," says accounts Janice Hayman.

So, she says, sometimes it's better to go it alone -- at least in the eyes of the IRS.

"The other concern with filling out a W-4 when you have a two-income household and they're both high-income earners, often, the best choice is to select 'married, but withhold at the higher single rate,'" Hayman notes.

The IRS has a withholding calculator on its website,, which can help you determine if you're having enough taken out of your earnings.

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United Airlines(DENVER) — United Airlines responded to criticism it received on Sunday after it barred two teenage girls from boarding a flight because they were wearing leggings.

The incident sent several social media users into an angry uproar, with some calling the policy sexist and discriminatory against women.

The story came to light after Shannon Watts, an activist who witnessed the exchange at an airport in Denver, tweeted about it early Sunday.

"A @united gate agent isn’t letting girls in leggings get on flight from Denver to Minneapolis because spandex is not allowed?" Watts tweeted.


1) A @united gate agent isn't letting girls in leggings get on flight from Denver to Minneapolis because spandex is not allowed?

— Shannon Watts (@shannonrwatts) March 26, 2017


"A 10-year-old girl in gray leggings. She looked normal and appropriate. Apparently @united is policing the clothing of women and girls," she added in a later tweet.


A 10-year-old girl in gray leggings. She looked normal and appropriate. Apparently @united is policing the clothing of women and girls.

— Shannon Watts (@shannonrwatts) March 26, 2017


A spokesman for United confirmed that two teenage passengers were told they could not board a flight from Denver to Minneapolis because their leggings "were not in compliance with dress code policy for company benefit travel," a program that lets United workers and their families travel for free on a standby basis.

"There are different rules for these privileges because people are flying for free," the spokesperson said in an emailed statement Sunday.

United Airlines also issued a dozen or so tweets in response to users who were upset about the exchange.

In one tweet, the company said it reserves the right to deny service to "passengers who are not properly clothed via our Contract of Carriage."


@baddestmamajama United shall have the right to refuse passengers who are not properly clothed via our Contract of Carriage. ^FS

— United (@united) March 26, 2017

United said the teenagers waited for the next flight and eventually got to fly using their benefits.

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iStock/Thinkstock(NEW YORK) — Now that you have access to on-demand movies and TV, chances are your DVDs sit forgotten next to your CDs — wherever you stowed those after iTunes came out.

We get it: why take the time to walk to your DVD collection, open a case, pop in a disc, etc., when you can fire up Netflix or whatever?

A company called VUDU is now giving users the best of both worlds: for $2, you use your phone to scan a DVD's barcode, and the company will give you streamable access to that very movie that you can watch anywhere — all without a subscription.

You can even choose standard quality or upgrade for an additional fee. Check out for more info — and get a free conversion out of the deal to boot!

"The average movie collector owns nearly 100 DVDs and Blu-rays, said Jeremy Verba, Vudu's general manager.

"We know these customers have invested a lot into building their physical movie collections. As more and more customers create digital libraries, we are constantly looking for ways to help them unlock additional value from the movies they already own."

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Katie Kenworthy/McDonalds Evansville(EVANSVILLE, Ind.) -- One 94-year-old woman is celebrating 44 years behind the counter at McDonald's.

"When I started, I didn't start to stay," Loraine Maurer told ABC News, adding that she started working at McDonald's in 1973 after her husband retired on disability. "I told him we were too young to stay at home and so I went for a job."

Maurer was feted by her co-workers at an Evansville, Indiana, restaurant, including owners Chip and Katie Kenworthy.

"Loraine has quite a following. That's to say the least, really," Katie Kenworthy, who has owned the restaurant for almost two years, told ABC News. "She has lots of very loyal costumers who come especially to our restaurant to see her."

So Kenworthy decided to plan a party to celebrate Maurer, inviting her church -- Good Shepherd Catholic Church Parish -- along with her family and friends.

"It was wonderful," Maurer said of her party. "The only thing is there were so many people there that I couldn't talk to them all."

Maurer, who has four children, six grandchildren and seven great-grandchildren, said the relationships she has with her customers are particularly important, since they helped her get through a very tough period in her life -- the loss of her husband, Kenneth, in 1980.

"They were my live savers when I lost my husband," she recalled. "The customers helped."

Every winter, Maurer contemplates retiring, but she says she just can't give up her shift, which now consists of two days per week.

"I would miss it too much," she said. "I don't want to get depressed and it's not that I don't look forward to going to work. ... It's not a job.

"I really and truly enjoy it," Maurer added. "Life is what you make it. And so I'm trying."

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iStock/Thinkstock(NEW YORK) -- The popular ride-sharing app Lyft will soon install a new feature that will allow users to donate extra change to charity.

The company announed in a blog post that it will allow users to opt into the "Round Up & Donate" selection, which will be located on the app's Settings page. When users choose to opt in, their ride will be rounded up to the nearest whole dollar, and that extra change will be distributed across causes that include environmental and veteran care and LGBTQ equality.

Users will not be able to choose to donate on a ride-by-ride basis, but they could opt out entirely at any time if they want.

Lyft Vice President of Marketing Melissa Waters talked about the latest feature in a statement:

"Lyft is a values driven company and we deeply believe in participation. Round Up and Donate is a program that makes it easy to participate in a meaningful way by allowing people to give back to the causes they care about within our communities."

The feature is not yet available, but the company announced riders will be able to start donating "in a few weeks."

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