By Kathryn Vasel, CNN Business As the pandemic persisted throughout 2021, so did the challenges that companies faced. Many corporate leaders and human resource executives had to contend with delayed office re-openings, mask and vaccine mandates and evolving safety policies. Some also had to figure out which work model would be best for the company,
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By Jackie Wattles and Jill Disis, CNN Business Elon Musk’s rocky year in China is ending on another sour note. The tech billionaire’s SpaceX satellites are catching heat in the country after Beijing complained that two satellites launched by the American aerospace manufacturer endangered Chinese astronauts. In a report sent earlier this month to the
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By Jordan Valinsky, CNN Business A Delta Air Lines flight originating in Seattle and heading to Shanghai last week turned around midair because of a change in cleaning rules at the China airport, the airline said. If it had landed in Shanghai, Delta said the new rules would have caused substantial delays. “The new cleaning
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By Matt McFarland, CNN Business Following decades of talk about failing infrastructure, the country finally took a major step toward repairing it in 2021, transportation experts say. The year will likely be remembered in part for the unprecedented investment in infrastructure, including highways, bridges, airports, tunnels and trains. President Biden’s signing of the $1.2 trillion
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By Jordan Valinsky, CNN Business Apple has closed all of its New York store locations to browsing because of a surge in Covid-19 cases. The roughly one dozen locations in the city will be limited to picking up online orders and walk-in services such as Genius Bar support. “We regularly monitor conditions and we will
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By Samantha Murphy Kelly, CNN Business When Patrick Kennedy, a nightlife performer in New York City, recently was exposed to Covid-19, he was desperate to find more rapid tests to not only monitor his health but track when he’d be able to return to work. “It’s impossible to find Covid tests because of the shortage
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By Matt Egan, CNN Business Pain at the pump will get worse before it gets better. That’s according to a new GasBuddy forecast that predicts the national average will rise to $3.41 a gallon in 2022, up from $3.02 a gallon this year. That would reverse some of the recent relief American drivers have received
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By Chris Liakos and Sonnet Swire, CNN Business Thousands of flights have been canceled over the past several days as Covid cases surge across the globe. On Tuesday, another 2,800 flights have been canceled, with more than 1,000 of them within, into or out of the United States, according to tracking website FlightAware. More than
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By Matt Egan Goldman Sachs told employees Monday that all individuals coming into the bank’s US offices will be required to show proof of a Covid vaccination booster shot. The new booster policy takes effect February 1 and applies to both employees and visitors. The move comes as a spike in Covid-19 cases complicates the
Continue Reading By Chris Liakos and Sonnet Swire, CNN Business Thousands of flights have been canceled over the past several days as Covid cases surge across the globe. On Tuesday, another 2,800 flights have been canceled, with more than 1,000 of them within, into or out of the United States, according to tracking website FlightAware. More than
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By Jennifer Korn The Metropolitan Transportation Authority, which is responsible for managing the New York City region’s public transit, announced that there will be fewer trains running this week due to the Covid-19 surge in New York. The schedule change for Monday to Thursday comes from a shortage of workers due to Covid-19. “By reducing
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By Anna Bahney, CNN Business The US housing market has had a white hot year. Home sales are on track to reach the highest level in 15 years, with an estimated 6 million homes sold in 2021. But whether you benefited from this surge depended a lot on if you were selling a home or
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By Jordan Valinsky, CNN Business Over the Christmas weekend, flying was a miserable experience for millions of travelers, as airlines canceled or delayed thousands of flights. The problems continued Monday, with nearly 900 flights canceled within, into or out of the United States, according to FlightAware. More than 1,600 flights are delayed. The troubles come
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By Reuters Spirit Airlines flight attendants are receiving double pay on any work through January 4, their union said, as the budget carrier scrambles to keep its schedules intact after U.S. airlines were hammered by a week of mass cancellations. The holiday season has been marred by delayed or canceled flights, causing chaos at most
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By Chris Liakos and Sonnet Swire, CNN Business More than 2,800 flights have been canceled Monday as Covid cases surge across the globe. Of the more than 2,800 canceled flights, around 1,000 were within, into or out of the United States, according to FlightAware. Almost 11,000 flights are delayed. Globally, airlines canceled more than 6,000
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By Diksha Madhok and Jill Disis, CNN Business Chinese tech stocks got a big boost in Hong Kong on the last day of the year, but it’s far from enough to make up for what has been a historically tumultuous time for the sector. Shares in tech and internet giants Alibaba, Baidu and Bilibili —
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By Jill Disis, CNN Business China is planning to tighten restrictions for Chinese companies that want to list overseas. And while Beijing won’t ban them from trading abroad altogether, life might be getting a lot tougher for firms hoping to score more foreign investment. China’s securities regulator proposed late Friday that any firm that wants
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By Michelle Toh, CNN Business Dipali Roy couldn’t afford to eat. She and her husband, Pradip Roy, were garment workers in Bangladesh when the Covid-19 pandemic hit last spring, leading to mass layoffs at their factory. Like millions of people around the world, both lost their jobs in the capital city of Dhaka, where they
Continue Reading By Michelle Toh, CNN Business Dipali Roy couldn’t afford to eat. She and her husband, Pradip Roy, were garment workers in Bangladesh when the Covid-19 pandemic hit last spring, leading to mass layoffs at their factory. Like millions of people around the world, both lost their jobs in the capital city of Dhaka, where they
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By Chris Isidore, CNN Business Finding the next Tesla among electric vehicle stocks is proving to be difficult. A number of upstart electric vehicle makers’ stock prices soared in recent years, as investors looked for the next company to shake up the car market. But all have struggled recently — as has Tesla itself. Lucid,
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