Category Archives: CNN – Business

Here’s what’s getting more expensive

Here’s what’s getting more expensive

Used cars, homes, lumber, gas and chicken: What do they all have in common? They’re all getting more expensive. The stimulus-fueled economy is rebounding and Americans are again spending on shopping, traveling and eating out. But the pandemic is far from over, and supply-chain woes mean supply isn’t meeting demand — sending prices even higher.…MORE

Disney World changes mask requirements for guests

Disney World changes mask requirements for guests

In a major moment for Disney parks, and the theme park industry overall, Walt Disney World changed its mask rules for guests following new guidance from the CDC. The resort located in Orlando, Florida announced Friday that masks and face coverings for guests will be “optional in outdoor common areas” at Disney World starting on…MORE

New CDC mask guidance could be a big boost for Disney parks

New CDC mask guidance could be a big boost for Disney parks

Disney’s parks division, one of the company’s foundations since the opening of Disneyland in 1955, is trying to rebound after a challenging year that brought extended closures and significant layoffs. However, the unit received news Thursday that could give Disney’s parks a much-needed boost. The US Centers for Disease Control and Prevention announced that people…MORE

US retail sales come down from their stimulus-fueled high

US retail sales come down from their stimulus-fueled high

US retail sales came back down to Earth in April after stimulus checks sent Americans on a shopping spree in March. Month-over-month, retail sales were flat in April, the Census Bureau reported Friday. Stripping out car and auto parts, sales actually declined slightly, by 0.8%. The massive March advance that came on the back of…MORE

Delta will require vaccines for new employees

Delta will require vaccines for new employees

Delta Air Lines is requiring new employees to get the Covid-19 vaccine, making it one of the largest US companies to issue a mandate. “Any person joining Delta in the future we will mandate to get vaccinated before they can sign up with the company,” CEO Ed Bastian told CNN’s Richard Quest in an exclusive…MORE

Hyundai and Kia are spending $7 billion in US electric car push

Hyundai and Kia are spending $7 billion in US electric car push

Hyundai and Kia are pouring billions of dollars into the United States, where they plan to start building electric cars and invest more in futuristic technologies. The South Korean carmakers announced Thursday that they would invest $7.4 billion in the country over the next four years. The funding will help the companies gradually expand manufacturing,…MORE