business and industry sectors

Key inflation measure shows price pressures cooled off in November, but remain high

New York CNN — Another key inflation measure shows price pressures cooled off but remained stubbornly high in November, despite the Federal Reserve’s monthslong efforts to fight inflation through higher interest rates. The Producer Price Index, which measures prices paid for goods and services by businesses before they reach consumers, rose 7.4% in November compared …

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Opinion: World leaders must give life a chance — and that calls for investing in protecting our planet

Editor’s Note: Jane Alexander is former chair of the National Endowment for the Arts. She has served on the boards of Audubon, the Wildlife Conservation Society and the American Bird Conservancy. Alexander is author of “Wild Things, Wild Places: Adventurous Tales of Wildlife and Conservation on Planet Earth.” She is also a Tony and Emmy …

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Keystone Pipeline shuts down after oil leak, halting flow of 600,000 barrels a day

New York CNN Business — The Keystone Pipeline has been shut down following a leak discovered near the border of Kansas and Nebraska. The shutdown of the major oil pipeline that carries crude from Canada triggered volatility in the energy market on Thursday, with oil prices briefly surging as much as 5% before retreating. Federal …

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Jennifer Lawrence draws criticism over comments about female action heroes

CNN — Jennifer Lawrence shared her thoughts on the history of female-led action movies in a new interview, but the “Hunger Games” star is getting some flack for not quite getting it right. The Oscar winner spoke with fellow actress Viola Davis in an interview for Variety published on Wednesday, in which she mused on …

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NASA Mars Ingenuity helicopter broke its own record

Sign up for CNN’s Wonder Theory science newsletter. Explore the universe with news on fascinating discoveries, scientific advances and more. CNN — More than a year and a half after its first flight on Mars, the Ingenuity helicopter has set a new record. The little 4-pound (1.8-kilogram) chopper completed its 35th flight on December 3 …

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Walmart CEO: Inflation on toys, clothing and sports equipment is easing

New York CNN Business — Finally, shoppers are getting some good news about prices: Inflation is falling on discretionary merchandise just in time for the holidays, Walmart chief Doug McMillon said Tuesday. “In toys, sporting goods, apparel, categories like that, prices have come down more aggressively,” McMillon said in an interview on CNBC. “We’re still …

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Self-checkout annoys customers and helps shoplifters. Stores are adding it anyway

New York CNN Business — Self-checkout arrived in the late 1980s at supermarkets. A decade later, it began spreading to big-box chains and drug stores. Now, self-checkout, loved by some and hated by others, has entered discount clothing and department stores. Kohl’s (KSS) is testing self-checkout stations at a handful of stores. H&M added them …

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A ‘hacker’ collective is setting up free pay phones in Philadelphia

CNN — An “amateur phone collective” in Philadelphia is working to bring back pay phones to the city – just without the actual payment. PhilTel, a volunteer organization that launched in June, is planning to open its first free-to-use payphone on December 17 at Iffy Books, a hacker-focused bookstore and workshop in the Center City …

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