Category Archives: CNN – Business

Where inflation is taking a breather: Your doctor’s office

Where inflation is taking a breather: Your doctor’s office

Prices are rising rapidly in every corner of the economy as it emerges from the pandemic. But some areas are bucking that trend. Medical care inflation was lower than 1% in the 12 months ending in May, the smallest increase since March 1941, when Franklin D. Roosevelt was president. In the month of May 2021…MORE

GB News launches in Britain to take on ‘woke warriors’

GB News launches in Britain to take on ‘woke warriors’

GB News wants to make one thing very clear: The upstart TV channel does not see itself as the British Fox News. “That is an easy, inaccurate shorthand for what we are trying to do,” Andrew Neil, the former BBC host who is the chairman of the network, said in a recent interview with the…MORE

Car prices are soaring, and they’re not going to stop

Car prices are soaring, and they’re not going to stop

Car dealer lots have only a fraction of the vehicles — both new and used — that they typically have. That’s helping send prices to record levels and lifting the nation’s overall inflation rate. And the price increases aren’t over yet. The average new car price hit a record $38,255 in May, according to JD…MORE

FAA’s new cleaning methods at air traffic towers aim to curb flight delays

FAA’s new cleaning methods at air traffic towers aim to curb flight delays

A new cleaning regimen is cutting back on flight delays as the skies grow busier this summer. But the new procedures aren’t for planes or even airport terminals — they’re for air traffic control towers. The cleaning methods are being instituted in Federal Aviation Administration air traffic control towers and facilities around the country, federal…MORE

Pulitzers give special award to Darnella Frazier, who filmed George Floyd’s murder

Pulitzers give special award to Darnella Frazier, who filmed George Floyd’s murder

The Pulitzer Prizes recognize some of the year’s most important journalism. This year, someone who isn’t a professional journalist, but whose actions had as much impact as any, is among those being honored. Darnella Frazier, who filmed the death of George Floyd, received a special citation, Aminda Marqués González, co-chair of the Pulitzer Prize Board,…MORE

McDonald’s hit by data breach

McDonald’s hit by data breach

McDonald’s is the latest high-profile company to be affected by a data breach, leading to the exposure of private information of customers and employees in South Korea and Taiwan. The burger chain said in a statement Friday that an investigation revealed a “small number of files were accessed,” some of which had personal data. McDonald’s…MORE

‘In The Heights’: It’s Lin-Manuel Miranda’s turn to save the box office

‘In The Heights’: It’s Lin-Manuel Miranda’s turn to save the box office

The theater industry has gotten help from a lot of sources so far this year. First, it was a radioactive lizard fighting a giant ape, then it was Emily Blunt quietly outrunning monsters. Now it’s Lin-Manuel Miranda’s turn to save the box office. “In the Heights,” a film based on Miranda’s Tony Award-winning 2008 musical…MORE

American Airlines and Virgin Atlantic order electric air taxis from UK startup

American Airlines and Virgin Atlantic order electric air taxis from UK startup

Vertical Aerospace, a UK electric aircraft manufacturer, has won the backing of American Airlines, Virgin Atlantic and Microsoft in its bid to make urban air travel a reality. The startup revealed on Thursday that it has pre-orders for up to 1,000 of its zero-emissions VA-X4 vertical takeoff aircraft, worth as much as $4 billion, as…MORE

Climate, taxes and China: Investors are watching the G7

Climate, taxes and China: Investors are watching the G7

As leaders of most of the world’s largest economies gather in Cornwall, England, expect political fanfare and lots of attention on US President Joe Biden, who is seeking to reassert America’s dominance on the global stage. But there are plenty of issues up for discussion among the Group of Seven — which includes Canada, France,…MORE

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