Peter Greenberg discusses why airline prices are skyrocketing and the return of the cruise industry.
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Luxury aviation continues to expand — get on board.
(Bloomberg) -- Drones buzz above traffic-clogged roads in Ordos, Inner Mongolia, as white-capped police officers attempt to manage lines of hundreds of trucks waiting to be loaded with cargoes of coal. Many have been there for days. Most Read from BloombergThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyForget Palm Springs—Santa Fe Is the New Mecca for Modern ArchitectureCities' Answer to Sprawl? Go Wild.Google’
- Idaho Statesman
It was the only Idaho ski area to make Ski magazine’s rankings.
- LA Times
Prices are so high — and consumers are so perplexed — that a Google search of "Why are gas prices going up?" has spiked this month.
(Bloomberg) -- Stockpiles at the biggest U.S. crude depot are quickly approaching critically low levels. The last time that happened, crude cost more than $100 a barrel.Most Read from BloombergThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyCities' Answer to Sprawl? Go Wild.Forget Palm Springs—Santa Fe Is the New Mecca for Modern ArchitectureOne of California’s Wealthiest Counties Could Run Out of Water Next Sum
- Southern Living
The throwback to a golden era of train travel will only be available for certain routes.
- American City Business Journals
Exxon was supposed to employ more than 1,400 across the two buildings in order to maintain tax incentives.
- In The Know by Yahoo
Airline passenger reveals ‘mind-blowing’ hack for tracking flights on your phone: ‘I never knew this’
A TikTok user is drawing praise with his "mind-blowing" hack for how to how to track flights on an iPhone.
- Associated Press
For the first time in eight months, the global shortage of computer chips won’t force General Motors to close any North American factories. Phil Amsrud, senior principal analyst for IHS Markit who studies the chip market, said GM's move is a good sign, but doesn't signal the end of the chip shortage. GM’s plants being open may be more of a sign that the company is getting better at dealing with shortages by getting rid of some optional features and diverting those chips to other uses, he said.
- Business Insider
It marks a softening of Southwest's stance on COVID-19 vaccines. It said early October that staff must be fully vaccinated "to continue employment."
You can earn up to 100,000 points plus other exciting perks.
- Raleigh News and Observer
Meanwhile, the two trans-Atlantic flights that once left from RDU remain on hold.
OTTAWA (Reuters) -Canada has scrapped an official advisory urging its citizens to shun non-essential foreign travel, given its successful campaign to inoculate people against COVID-19, the country's top medical officer said on Friday. Hours later, Canada's most populous province, Ontario, issued a timeline to lift all remaining COVID-19 restrictions, with the aim of removing all proof of vaccination and mask requirements by March 2022. Canada's travel warning was issued in March 2020, when the COVID-19 pandemic erupted.
(Reuters) -Many people are passionate about climate change, but not everybody should drive a battery electric vehicle as a means to combat climate change, Toyota Motor Corp Chief Scientist Gill Pratt said on Thursday at the Reuters Events Automotive Summit. Pratt's comments, during a discussion on electric vehicles, appeared to amplify remarks made over the past year by Toyota President Akio Toyoda. Toyoda and other company officials have said that electric vehicles will play a greater role in reducing emissions, but other solutions should be used, Toyota's gasoline-electric hybrid models or hydrogen-powered fuel cell electric vehicles.
(Bloomberg) -- Europe’s magnesium shortage could shutter industrial operations within weeks, threatening thousands of businesses and millions of jobs in sectors from cars to packaging, associations warned. Most Read from BloombergThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyForget Palm Springs—Santa Fe Is the New Mecca for Modern ArchitectureCities' Answer to Sprawl? Go Wild.Google’s Biggest Moonshot Is Its S
LONDON (Reuters) -The U.S. Commerce Department said on Thursday companies such as Intel and Infineon had signaled they would cooperate with a voluntary request for data on the chips crisis, but may make it compulsory depending on the number and quality of responses. The White House made the request to automakers, chip companies and others last month, saying the information would boost supply-chain transparency and help understand where bottlenecks exist.
Rome is drawing up an offer to try to convince Intel to invest billions of euros in an advanced chipmaking plant in Italy, as Germany emerges as frontrunner to land an even bigger megafactory planned by the U.S. company, three sources said. The plants would be part of a drive by the U.S. group to build cutting-edge manufacturing capacity in Europe to help avoid future supply shortages of the kind currently crippling the automotive industry in particular. Rome is already in talks with Intel about the potential investment, which according to preliminary estimates would be worth more than 4 billion euro ($4.7 billion), the sources who are involved in the discussions said.
- Robb Report
The 747's Trent 1000 turbofan engine ran solely on unblended biofuel that reduces carbon emissions by 80%.
- Reuters Videos
The "Spectrum of the Seas" ship was scheduled to begin its "cruise to nowhere" journey in nearby waters, restricted to half capacity and only for fully vaccinated residents who tested negative for the virus 48 hours prior to the trip.About 1,000 passengers out of a total of 1,200 had already boarded the ship before the four-night trip was cancelled.All have to undergo compulsory testing but were allowed to leave the ship as they did not have direct contact with the crew member.The 40-year-old crew member tested positive for COVID-19 in Malaysia in July and then tested negative more than 10 times since returning to Hong Kong in August.He was fully vaccinated with China's Sinovac vaccine.Hong Kong has some of the most stringent travel restrictions in the world and is virtually COVID-19 free.The Chinese-ruled city has reported just over 12,300 cases since the start of the pandemic, mostly imported, and 213 deaths.
Rising energy prices have benefited the stocks of companies that produce and process those energy sources.