United bets big on travel rebound with record jet order
United Airlines is buying 270 jets, the largest aircraft purchase in the company’s history and the biggest order by any airline in about a decade. CNN’s Pete Muntean reports.
Continue ReadingUnited Airlines is buying 270 jets, the largest aircraft purchase in the company’s history and the biggest order by any airline in about a decade. CNN’s Pete Muntean reports.
Continue ReadingBy Jackie Wattles, CNN Business SpaceX has put more than 1,500 internet-beaming satellites into orbit, signed up more than 69,000 customers, installed ground stations in 12 countries and has plans to expand its one-of-a-kind network’s coverage all over the world — except the North and South pole — by next month. Still, SpaceX CEO Elon
Continue ReadingBy Nathaniel Meyersohn, CNN Business Stores have a glut of job openings to fill. One chain hopes automation is a solution to the pressure. DSW is piloting self-checkout stands in stores in “response to hiring challenges,” said Karen Cho, senior vice president of human resources at Designer Brands, owner of the shoe chain, in an
Continue ReadingBy Jackie Wattles, CNN Business SpaceX has put more than 1,500 internet-beaming satellites into orbit, signed up more than 69,000 customers, installed ground stations in 12 countries and has plans to expand its one-of-a-kind network’s coverage all over the world — except the North and South pole — by next month. Still, SpaceX CEO Elon
Continue ReadingBy Oliver Darcy, CNN Business Fox News host Tucker Carlson made an explosive claim on his show Monday night: That he had learned through a whistleblower that the National Security Agency is spying on him and planning to leak his communications in a bid to take him off the air. “The Biden administration is spying
Continue ReadingCNN analyst Max Boot reacts to Fox News host Tucker Carlson referring to Gen. Mark Milley as a stupid pig after Milley’s forceful rebuke of renewed efforts from Republican members of Congress to question the Defense Department’s diversity efforts and alleged embrace of “critical race theory.”
Continue ReadingHost Tucker Carlson made explosive claims against the NSA, but his Fox News colleagues didn’t pick up the story.
Continue ReadingBy Rishi Iyengar, CNN Business Less than three months after announcing that its employees would be required to come back to the office at least three days a week, Uber is backtracking. The ride-hailing company will give its global office workers the option to apply for fully remote work or choose from a list of
Continue ReadingBy Rishi Iyengar, CNN Business Less than three months after announcing that its employees would be required to come back to the office at least three days a week, Uber is backtracking. The ride-hailing company will give its global office workers the option to apply for fully remote work or choose from a list of
Continue ReadingBy Matt Egan, CNN Business Unemployment is shrinking. The stock market is booming. Americans are returning to the skies and even to movie theaters. And yet Republicans are deeply worried about the state of the economy. Even though the US economy is expected to grow this year at the fastest pace in decades, consumer sentiment
Continue ReadingBy Anneken Tappe, CNN Business Americans feel more confident now than at any point during the pandemic, new data from The Conference Board showed Tuesday. The consumer confidence index rose to 127.3 points in June, according to the Conference Board. That was its highest level since February 2020, right before the Covid-19 outbreak first swept
Continue ReadingBy Paul R. La Monica, CNN Business So much for big tech stocks falling out of favor. Facebook has soared almost 30% this year and Mark Zuckerberg’s social media giant is now worth more than $1 trillion. It’s not the only giant of the Nasdaq hitting new milestones. Microsoft topped the $2 trillion valuation mark
Continue ReadingBy Anneken Tappe, CNN Business Inequality has worsened across the board during the pandemic. That has proven particularly true for low-income students. Already disadvantaged to start, many remote students in lower-income households had to worry about stable internet connections, available devices to log into school sessions, and getting personalized attention and help with homework or
Continue ReadingBy Moira Ritter, CNN Business As you prepare for your July 4th weekend festivities, add fireworks to the list of items that are going to be more expensive this year — if you are lucky enough to find them. For the second year in a row, fireworks shortages are leaving shelves empty and hiking prices
Continue ReadingAmid shipping delays and supply chain issues, fireworks may be harder to come by this Fourth of July. CNN Business explains.
Continue ReadingBy Hanna Ziady, CNN Business The children of immigrants from minority ethnic groups in the United Kingdom are better educated than their White British peers but less likely to be employed, according to new research published Tuesday. Despite coming from poorer economic backgrounds on average, the children of Indian, Pakistani, Bangladeshi and Black Caribbean immigrants
Continue ReadingBy Matt Egan, CNN Business Inflation has arrived on Wall Street, and it’s bringing smiles to the faces of junior bankers — in the form of much fatter paychecks. JPMorgan Chase is raising the salary of first-year analysts to $100,000, up from $85,000, a person familiar with the matter told CNN Business. The pay hike,
Continue ReadingBy David Goldman, CNN Business Microsoft is redesigning Office to look more like Windows 11. Gone are the flat, bold colors atop the Office app command ribbons — forest green for Excel, deep blue for Word, burnt orange for PowerPoint, etc. They’ll be replaced with a neutral gray color, Microsoft announced in a blog post.
Continue ReadingBy David Goldman, CNN Business Microsoft is redesigning Office to look more like Windows 11. Gone are the flat, bold colors atop the Office app command ribbons — forest green for Excel, deep blue for Word, burnt orange for PowerPoint, etc. They’ll be replaced with a neutral gray color, Microsoft announced in a blog post.
Continue ReadingAs companies implement post pandemic work plans, some businesses are allowing hybrid options while others want employees back in the office full time. CNN’s Anna Stewart reports.
Continue Reading