CNN – Business/Consumer

By Pete Muntean and Ramishah Maruf, CNN American Airlines canceled another 634 flights on Sunday, more than 12% of its total operations for the day, the company said Sunday. The airline has now canceled more than 1,500 flights since Friday, as it deals with weather issues and staffing shortages that started last week. “With additional

By Jessie Yeung and Swati Gupta, CNN Anish Yadav was sleeping in his home, a fragile hut made of wood and plastic, when the water rushed in. A concrete retaining wall that had previously held back monsoon floodwaters had collapsed, sending a deluge through Yadav’s slum in Malad, a northern suburb in India’s financial hub

By Ramishah Maruf, CNN Business GameStop chief operating officer Jenna Owens is leaving the company seven months after joining it, the company said in a regulatory filing. The Texas-based company did not specify why Owens was leaving. The filing said both parties entered a separation agreement which went into effect on October 25. Owens could

By Ramishah Maruf and Pete Muntean, CNN Business American Airlines canceled hundreds of flights during the weekend, citing bad weather and staffing shortages, the company announced in a statement. Two days of severe winds in Dallas-Fort Worth, its largest hub, sharply reduced its arrival capacity, the company said. Flights were also affected at its Charlotte,

by Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Fox News is not officially commenting on the record, but it seems the right-wing talk network is quietly trying to distance itself from Tucker Carlson’s 1/6 trutherism. That’s the takeaway

By Ramishah Maruf, CNN Business Billionaire Charlie Munger is bankrolling the design of a massive dormitory at the University of California, Santa Barbara. The $1.5 billion project comes with a major catch — 94% of the dorm’s single occupancy rooms are in the interior of the building, and have no windows. A consulting architect on

Walé Azeez, CNN Business The United Kingdom is pushing ahead with legislation that will force more than 1,300 of its largest companies to disclose climate risks. Announcing the move ahead of the COP26 climate talks that start in Glasgow on Sunday, the UK government said it plans to be the first major economy to require

By Matt Egan, CNN Business Oil prices are unlikely to stay elevated for long, Chevron’s chief financial officer told CNN. “This feels more cyclical than structural,” Pierre Breber, the CFO of Chevron, the No. 2 US oil company, said in a phone interview. “We view these prices as above mid-cycle and above what our price

By Chris Isidore, CNN Business Profits soared at the nation’s two largest oil companies, as ExxonMobil and Chevron both benefited from the recent run-up in oil prices. ExxonMobil, America’s largest oil company, posted net income of $6.8 billion, swinging to a profit after a $680 million loss a year ago. Oil prices got crushed in

By Hannah Ritchie and Esha Mitra, CNN Indian actor Puneeth Rajkumar has died aged 46 after suffering cardiac arrest on Friday, according to a statement from Vikram Hospital in the city of Bangalore. “Mr. Puneet Rajkumar, aged 46 years was brought to Vikram Hospital on 29/10/21 with a diagnosis of heart attack with ECG done