Category Archives: CNN – Business

Delta and United Airlines caught up in rising US-China tensions

Delta and United Airlines caught up in rising US-China tensions

Rising tensions between the United States and China are spilling over into the airline industry. Washington has accused Beijing of blocking American carriers from resuming flights to China, prompting US authorities to more heavily scrutinize Chinese airlines. The tit-for-tat began last week after the US Department of Transportation claimed that regulators in Beijing were “making…MORE

Twitter remains silent about Trump’s appalling attack against Joe Scarborough

A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. President Trump’s appalling tweets have real world consequences. Take his reckless posts about MSNBC host Joe Scarborough. For the past few weeks, Trump has been insinuating that Scarborough was responsible for the 2001 death of…MORE

Want to buy a used car? Rental car companies are offering up some good deals

Want to buy a used car? Rental car companies are offering up some good deals

With travelers staying close to home and airports turned into virtual ghost towns, rental car companies have taken a huge hit during the coronavirus pandemic. On Friday Hertz, which also operates the Dollar and Thrifty agencies, declared bankruptcy. Industry experts expect the company to sell off a large portion of its fleet. And that should…MORE

Health care stocks are solid, but some remain a big gamble

Health care stocks are solid, but some remain a big gamble

Investors can thank health care stocks for a chunk of the stock market’s rally. The S&P 500 healthcare sector has risen 33.5% since March 23, when the S&P 500 hit its recent low. That beats the broader index’s 32% gain in the same period. Both small and large companies have benefited from investor hopes that…MORE

New York Times publishes names of 1,000 lives lost to coronavirus

New York Times publishes names of 1,000 lives lost to coronavirus

The most important word on the front page of Sunday’s New York Times is “incalculable.” The total losses from the Covid-19 pandemic are, indeed, incalculable. The losses are greater than any illustration or description. But The Times is trying, in a unique way, by dedicating Sunday’s front page and three inside pages to the names…MORE

Air travel has its busiest days in months heading into Memorial Day weekend

Air travel has its busiest days in months heading into Memorial Day weekend

Americans took a small and cautious step to return to the skies this weekend, the start of the traditional summer travel season. The TSA reported Saturday that it screened more passengers at US airports on Thursday and Friday than at any time in the last two months. It’s only a modest improvement, but crucial for…MORE

The NBA is in talks with Disney about a July return date

The NBA is in talks with Disney about a July return date

There may be hope yet for NBA fans. The NBA and the National Basketball Players Association are in talks with The Walt Disney Company about resuming the 2019-2020 season in late July at one of its facilities. Instead of playing in arenas across the country — and relying on airplanes and hotels — they’re looking…MORE

Smaller joints and less-potent buds: recession weed is here

Record job losses in the coronavirus pandemic have sparked a flurry of deals for cost-conscious consumers on everyday items like clothing and take-out meals. In several states, that trend is extending to one more category: cannabis. In places that have legalized cannabis for recreational or medical use, dispensaries are dishing out daily discounts and launching…MORE

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