Corporations are using inflation as an excuse to raise prices and make fatter profits — and it’s making the problem worse

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Large companies tend to use periods of rising inflation to boost their profit margins.Having fewer competitors in an industry makes it even easier for companies to raise prices.The current inflation rate is a “symptom” of corporate consolidation, Robert Reich says. Email address Consumer prices are going up, but corporate profits are rising even faster. Walmart,…

New York City sanitation workers investigated for allegedly using fake vaccination cards – CBS News

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New York City’s Department of Sanitation is investigating allegations that employees used fake vaccination cards to maintain their employment, the department confirmed to CBS News on Monday.All municipal workers in the city must be vaccinated against COVID-19, or will be placed on unpaid leave, according to a city-wide mandate announced by Mayor Bill de Blasio…

What airplane business class will look like in 2025

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(CNN) — It may feel like 2025 is a long way away, but for airlines’ luxurious new business class seats — which can take years to design and install — it’s right around the corner.So what will business class look like in 2025? What new and exciting innovations are in store for passengers up front?…

Kyle Rittenhouse trial: Jury begins deliberations after closing arguments wrap up – CBS News

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Jurors in the Kyle Rittenhouse trial spent all day Tuesday deliberating without returning a verdict, and have informed the court they will return Wednesday morning to continue reviewing the case. The jury began deliberations Tuesday morning, after prosecutors and defense attorneys presented their closing arguments on Monday.Rittenhouse, 18, is charged with killing two men and…

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