CNN – Business/Consumer

By Hannah Ritchie, Teele Rebane and Eric Cheung, CNN Business Hong Kong’s flagship airline warned Friday that strict new quarantine measures in the city could lead to “dramatic disruptions” to local supply chains, as the company is forced to curb some passenger and cargo flights. Cathay Pacific’s note of caution came as the Hong Kong

By Gregory Wallace, CNN Business Airline cancellations are surging Thursday for a seventh straight day and threaten to throw off weekend flights home for holiday travelers. The spate of cancellations means tens of thousands of travelers are attempting to rebook as the Transportation Security Administration expects 10 million more people to pass through airport screening

By Jack Guy, CNN UK bank Santander got into the Christmas spirit this year by paying out a total of £130 million ($175 million) to customers by mistake on December 25. The total payment was split over 75,000 transactions for around 2,000 corporate and commercial customers, Santander said in a statement published Thursday. “We’re sorry

By Anneken Tappe, CNN Business America’s latest report on unemployment benefits is proof that the US jobs recovery is still in full-swing. The average number of weekly jobless benefits claims over the past four weeks fell to 199,250. That’s the lowest four-week moving average since October 1969, the Labor Department reported Thursday. Last week alone,

Opinion by Bill Carter for CNN Business Perspectives ‘Tis the season; but there aren’t many reasons to be jolly. The pandemic is back, not that it ever really left. Headlines are again dominated by explosively rising case numbers, which means equally rising levels of depression and panic. Covid is a news story so inescapable it

CNN, WPLG, WSVN By Paul R. La Monica, CNN Business Cruise company stocks had been holding up remarkably well in December despite concerns about Covid outbreaks on ships and the rapidly spreading Omicron variant. But that’s no longer the case. The US Centers for Disease Control and Prevention said Thursday that even vaccinated people should

By Taylor Romine and Naomi Thomas, CNN Business The cruise liner Queen Mary 2 will not make its planned return to the Big Apple after a Covid outbreak onboard. The Queen Mary 2 dropped off 10 Covid-19 infected passengers in New York earlier this month. Instead of returning to call in New York as originally

By Jordan Valinsky, CNN Business JetBlue Airways is reducing its schedule by about 1,280 flights from Thursday through January 13 because a growing number of crew members are falling sick from Covid infections. “We expect the number of Covid cases in the northeast — where most of our crewmembers are based — to continue to

By Jessie Yeung, CNN Business Hong Kong authorities are defending the arrests of seven people linked to a pro-democracy publication in the face of growing international condemnation, with the city’s leader insisting the police raids had “nothing to do with journalistic or media work.” More than 200 police officers raided the offices of Stand News

By Jill Disis, CNN Business SenseTime rallied in its Hong Kong debut Thursday, as it tried to move past a politically-fraught month that forced the Chinese artificial intelligence startup to delay its initial public offering. Shares in the company were last trading at 4.29 Hong Kong dollars (55 cents) each, up more than 11% from

CNN, CNNBUSINESS By Anneken Tappe, CNN Business Stocks set new records on Wednesday, as both the Dow and the S&P 500 finished at all-time highs. Although the S&P hit a record as recently as Monday, the Dow hasn’t reached a new high since early November. The Dow finished up 91 points, or 0.3%, while the

CNN, CNN BUSINESS By Sana Noor Haq, CNN Amazon’s Alexa has been developed over the years to offer ever-improving access to information and knowledge. However, the voice-enabled assistant recently gave some dangerous advice to one user that went viral on social media. According to a tweet posted by Kristin Livdahl, Alexa told her 10-year-old child

by Kwegyirba Croffie, CNN As Americans bring back unwanted holiday gifts, those returns will cost retailers upwards of 50% more than they did last year. Retailers are already dealing with elevated costs thanks to the supply chain crunch and a tight labor market. Now, returns processor Optoro estimates that returns this year will cost retailers

CNN, CNNBUSINESS By Jeanne Sahadi, CNN Business Having to negotiate for what you want can feel like getting a root canal. You’d rather not do it, but sometimes it’s necessary. That’s especially the case when it comes to money. Whether you’re negotiating for a higher salary, trying to settle on a price for something you’re