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Business

Why High Oil Prices Are Good For Airlines

By Scott Mayerowitz | Sunday Apr 20, 2014
Airline executives frequently complain about fuel costs. But the truth is higher prices actually have been good for business.In the past six years, airlines have overhauled the way they operate to adjust to this new reality.

Medical personnel at the emergency entrance of a hospital wait to receive suspected Ebola virus patients in Conakry, Guinea.

Ebola Virus in Africa Outbreak is a New Strain

LEGAL | By Marilynn Marchione | Apr 19
The Ebola virus that has killed scores of people in Guinea this year is a new strain - evidence that the disease did not spread there from outbreaks in some other African nations, scientists report.

Mary Barra, CEO of General Motors, talks in front of the Chevrolet Trax at the New York International Auto Show.

Chevrolet Bringing Tiny Trax SUV to US and China

CORPORATE | By Dee-Ann Durbin | Apr 19
Chevrolet’s smallest SUV is heading to its biggest markets. The Chevrolet Trax will go on sale in the U.S. and China early next year. General Motors Co. unveiled the 2015 model ahead of the New York International Auto Show.

MoneyWatch :: New App for Caffeine Junkies

CORPORATE | Apr 18
There’s a new app, called Cups, that lets you pay $45 a month for unlimited coffee from dozens of independent coffee shops. Right now the app is only available in New York and there is one limitation: Users have to wait 30 minutes before ordering another.

Royal Caribbean Chief on Getting Customers Back

Apr 18
Trust in the cruise industry is down 12 percent since last year and 13 percent say they’re less likely to book a cruise. Adam Goldstein, newly-named president and chief operating officer of Royal Caribbean Cruises Ltd., talks.

’The Finisher’ Author David Baldacci on Young Adult Audience

CORPORATE | Apr 18
The best-selling author of the new novel "The Target" is also the writer behind a new young adult book called "The Finisher." Baldacci discusses the importance of reading and what he hopes to impart to his young fans.

Ford to Offer 50th Anniversary Mustang

CORPORATE | By Dee-Ann Durbin | Apr 18
Ford is celebrating the 50th anniversary of the Mustang with a limited-edition model and a display atop the Empire State Building.

California Delays Decision on Protecting Gray Wolf

LEGAL | By Scott Smith | Apr 18
Advocates for the gray wolf in California will have to wait 90 days before learning if the animal will be listed as endangered, a state board decided Wednesday. Ranchers and state wildlife officials oppose granting the species legal protections.

Get Ready for a Mobile Phone Kill Switch

CORPORATE | Apr 18
A wireless industry trade group says a free preloaded or downloaded anti-theft tool will be installed on phones sold in the US after July 2015, allowing the owner to disable the device remotely if it gets stolen. Bigad Shaban reports.

2014 Audi RS 7

Audi’s RS 7 is Answer to Porsche, Mercedes

CORPORATE | By Ann M. Job | Apr 18
The 2014 Audi RS 7 checks all the boxes and then some for wealthy car buyers who want a stylish, luxury sedan that looks like a coupe, delivers 500-plus turbocharged V-8 horsepower and comes with a high-brow German pedigree.

Google Earnings Fall Short of Expectations

CORPORATE | Apr 17
After Google reported a 19 percent increase in revenue, its stock fell nearly six percent Wednesday after the market closed. CBS News business analyst Jill Schlesinger discusses Google’s first-quarter earnings reports and tech stocks selloff.