Biden to announce new rules for airlines and travel sites to be more transparent about additional fees

Biden to announce new rules for airlines and travel sites to be more transparent about additional fees

CNN  —  President Joe Biden on Monday is expected to announce a new proposed rule that would require airlines and travel sites to be more transparent about additional fees that customers could be charged, including for baggage, flight changes or cancellations, a White House official tells CNN. Under the proposed rule, airlines and travel sites … Read more

While DeSantis was flying legal asylum seekers to Martha’s Vineyard, business owners in his state are struggling for workers

CNN Business  —  For the past two years Jan Gautam has been filling in sporadically as a housekeeper at hotels in Orlando, Florida, run by Interessant Hotels & Resort Management, or IHRMC. When he’s not making beds, he’s busy running the company. He’s the President and CEO of IHRMC — which is based in Orlando, … Read more

Biden administration seeks new rules on airline fee disclosures

Travelers at LaGuardia Airport (LGA) in the Queens borough of New York, US, on Friday, July 2, 2022. As travel is ramping up for the July 4th holiday, staffing shortages are causing problems for some of the nations largest airlines. Angus Mordant | Bloomberg | Getty Images President Joe Biden plans to announce new rules … Read more

British pound plunges to new low as tax cuts spark concern

LONDON (AP) — The British pound fell to all-time low against the U.S. dollar early Monday after Treasury chief Kwasi Kwarteng pledged a sweeping package of tax cuts, fueling concerns about the government’s economic policy as the United Kingdom teeters toward recession. The pound fell as low as $1.0373, its lowest level since the decimalization … Read more

DART mission will slam into an asteroid’s moon today

Sign up for CNN’s Wonder Theory science newsletter. Explore the universe with news on fascinating discoveries, scientific advancements and more. CNN  —  A NASA spacecraft will deliberately slam into an asteroid Monday, and it’s all in the name of planetary protection. The DART mission, or the Double Asteroid Redirection Test, will crash into the space … Read more

Walmart enters the metaverse with Roblox

Walmart is entering the metaverse with two experiences premiering Monday on online gaming platform Roblox. The retail giant’s first foray into the virtual world will feature a blimp that drops toys, a music festival with hot artists, a bunch of different games, and a store of virtual merchandise, or “verch,” which matches what customers may … Read more

UK tax cuts will benefit the rich more than anyone else

London CNN Business  —  The United Kingdom’s big tax-cutting gamble to boost economic growth will benefit the rich far more than millions of people on lower incomes. On Friday, UK finance minister Kwasi Kwarteng announced a bumper set of tax cuts, including scrapping the top rate paid by the highest earners, and reductions in duties … Read more

The mysterious nine-second call from the White House to a January 6 rioter: CNN reveals the rioter’s identity for the first time

Washington CNN  —  At 4:34 pm on January 6, 2021, a cell phone registered to a Capitol rioter who had stormed the building, received a phone call from a White House landline, according to records obtained by CNN. The call lasted for only nine seconds. Who placed the call and why remains a mystery, but … Read more

5 things to know before the stock market opens Monday, September 26

Raphael Bostic at Jackson Hole, Wyoming David A. Grogan | CNBC Here are the most important news items that investors need to start their trading day: 1. Bad start for stocks Stocks are still in a funk. The three major indices were down Monday, indicating that last week’s troubles would continue. On Friday, the Dow … Read more

Lights out, ovens off: Europe preps for winter energy crisis

FRANKFURT, Germany (AP) — As Europe heads into winter in the throes of an energy crisis, offices are getting chillier. Statues and historic buildings are going dark. Bakers who can’t afford to heat their ovens are talking about giving up, while fruit and vegetable growers face letting greenhouses stand idle. In poorer eastern Europe, people … Read more