By Peter Taggart and Ramishah Maruf, CNN Aer Lingus canceled all flights scheduled to depart from its Dublin Airport hub that were bound for European countries and the United Kingdom because of a computer malfunction. The carrier said the outage affected 51 flights. “A UK network provider servicing the cloud-based system has experienced a major
Continue Reading Reuters An international standards body has approved creation of a merchant code for gun retailers, a representative said on Friday, following pressure from activists who say it will help track suspicious weapons purchases. At a meeting this week, a subcommittee of the International Organization for Standardization approved what is known as a “merchant category code”
Continue Reading By Parija Kavilanz, CNN Business As American industries struggle to fill plentiful job vacancies in a tight labor market, there’s at least one type of work where interest seems to be flourishing: funeral services. Colleges specializing in funeral service education are growing enrollment amid a dearth of workers in the funeral services industry. “The shortage
Continue Reading By Matt McFarland, CNN Business Apple recently revealed a new version of its CarPlay system for vehicles, which include gauges like speedometers. But even Apple, the company that cast aside tradition when it reinvented phones, music players and headphones, bows to convention when it comes to speedometers. It displayed a classically-styled speedometer that reached 160
Continue Reading By Nathaniel Meyersohn, CNN Business Many aspects of drug stores and supermarkets feel like they’re of another era. But perhaps the most retro part of these stores is the photo-printing equipment. In a time when most photos don’t leave the confines of a smartphone, CVS, Walgreens, Walmart, Albertsons and other chains still offer photo prints,
Continue Reading By Nicole Goodkind, CNN Business Ukrainian forces have made sweeping advances in September in their fight against Russia, easing some investor fears of a prolonged war-induced energy crisis in Europe. European markets closed higher Friday, as did markets in the Asia-Pacific area. The Dow jumped more than 200 points in the US and the major
Continue Reading By Allison Morrow, CNN Business Gary Friedman, the CEO of luxury home goods retailer RH, is often a colorful speaker who doesn’t mince words. That was on full display during the company’s earnings call Thursday night as he bemoaned New York City breakfasts, dunked on industry rivals and declared that anyone who thinks the United
Continue Reading By Michelle Toh and Julia Horowitz, CNN Business Markets steadied early Wednesday after US stocks logged their worst day since June 2020, plunging on news that inflation in August was higher than expected. Shares in Europe were mixed. Germany’s DAX dropped 0.2% in early trading, while France’s CAC 40 was flat. The FTSE 100 in
Continue Reading By Anna Cooban, CNN Business Billions of banknotes and coins around the world featuring the portrait of Queen Elizabeth II are set to be replaced following her death. For almost 70 years, the Queen’s image has appeared on the United Kingdom’s coins, with different portraits of her profile as she aged. She was featured on
Continue Reading By Alicia Wallace, CNN Business After spending 2020 cooped up as a fast-spreading, deadly virus limited most aspects of everyday life, American consumers splurged in 2021, shelling out an average of $3,568 on entertainment, according to data released Thursday from the Bureau of Labor Statistics. That’s up 22.7% from 2020, and surpasses 2019 levels by
Continue Reading By Alicia Wallace, CNN Business After spending 2020 cooped up as a fast-spreading, deadly virus limited most aspects of everyday life, American consumers splurged in 2021, shelling out an average of $3,568 on entertainment, according to data released Thursday from the Bureau of Labor Statistics. That’s up 22.7% from 2020, and surpasses 2019 levels by
Continue Reading Opinion by Bill Carter for CNN Business Perspectives Over the years, I have been fortunate to be able to talk to Lorne Michaels, the impresario of NBC’s “Saturday Night Live,” on many occasions, both formally and informally, for news articles and books. And one of the things I’ve learned is that when you manage a
Continue Reading Martha C. White for CNN Business With nearly two job openings available for every job seeker, the shortage of workers in the United States has many employers over a barrel in the fight to acquire and retain talent. But for candidates who are typically overlooked by hiring managers, the labor shortage offers an opportunity. Advocates
Continue Reading By Anna Cooban and Mark Thompson, CNN Business The death of Queen Elizabeth has come at a bad time for the United Kingdom. Against a backdrop of soaring inflation, a slumping currency and the worst cost-of-living crisis in decades, the country has lost one of its few markers of continuity and stability. The government of
Continue Reading By Anna Cooban and Mark Thompson, CNN Business The death of Queen Elizabeth has come at a bad time for the United Kingdom. Against a backdrop of soaring inflation, a slumping currency and the worst cost-of-living crisis in decades, the country has lost one of its few markers of continuity and stability. The government of
Continue Reading By Nicole Goodkind, CNN Business The US Federal Reserve is delivering a hawkish message to markets: We hear you, we see you, but you can’t stop us — aggressive rate hikes aren’t going away. Wall Street seems to be listening. Markets now see an 86% chance of a three-quarter point hike at the September Fed
Continue Reading By Chris Isidore, CNN Business Freight railroads have been around since the 19th century, but you can’t run a 21st century economy without them. The looming possibility of a strike by unions representing more than 90,000 workers at the nation’s freight railroads has businesses nationwide worried. The unions are poised to go on strike on
Continue Reading By Matt Egan, CNN The Biden administration is not debating whether to unleash another round of emergency oil from the national stockpile at this time, an administration official told CNN on Thursday. In response to the war in Ukraine, US President Joe Biden announced a plan on March 31 to release one million barrels of
Continue Reading By Matt Egan, CNN The blank-check firm attempting to bring former President Donald Trump’s media venture public has adjourned its special shareholder meeting until October 10. The development is the latest in a series of delay tactics from Digital World Acquisition Corp. and comes as the shell company struggles to win shareholder approval to extend
Continue Reading By Peter Valdes-Dapena, CNN Business Rivian and Mercedes have signed a “memorandum of understanding” to work together on production of electric vans and to begin making them in Europe. Together, the companies will create a factory in Europe dedicated to producing electric vehicles. The companies will jointly invest in changing an existing Mercedes production site
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