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September 26th, 2014
09:44 PM ET

Richard Branson: Soon we'll fly anywhere in the world in 30 minutes

More than 1,800 flights were canceled Friday after a contractor started a fire and attempted to commit suicide at an air traffic control center in Illinois. All it took was one man's actions to completely snarl air traffic across the United States. But Virgin Group founder Richard Branson says that could soon become a thing of the past. He has a new book "The Virgin Way." In interview with CNN's Erin Burnett, Branson explains why he believes supersonic travel is coming soon.


Filed under: Aviation Industry • Money & Power • News
September 26th, 2014
03:57 PM ET

Richard Branson: Take as much vacation as you want!

Employees at Branson's Virgin Group can take unlimited vacation whenever they want, provided they work at one of the main offices in New York, London, Geneva or Sydney.

For now, the new policy will apply to roughly 160 employees. Branson said Virgin subsidiaries would be encouraged to follow suit if the experiment is successful.

"Take a holiday whenever you want. Take as much holiday as you want. We're not going to keep a check on how much holiday you take," he said in a interview with CNN's Erin Burnett.

FULL POST


Filed under: Money & Power • News
September 18th, 2014
08:30 PM ET

Roger Goodell silent during NFL crisis

Where is Roger Goodell?

That is what many are wondering as criticism grows over the NFL's handling of domestic assault cases. It's been nine days since the NFL commissioner spoke to CBS News about the Ray Rice incident. Since he last spoke publicly, endorsement deals have been pulled and at least five players have been benched.

Goodell has remained silent even as we learn of new and disturbing allegations of abuse at the hands of NFL players.

CNN's Miguel Marquez has more.


Filed under: Money & Power • News • NFL • Ray Rice • Sports
September 16th, 2014
04:48 PM ET

Critics photoshop CoverGirl with black eye to highlight domestic abuse

Research firm IEG estimates the NFL brings in more than a billion dollars a year in sponsorship money alone. Despite the league's scandals, no major sponsor has dropped its support, but some are coming under fire.

CoverGirl is one of them. It is the "official beauty sponsor" of the NFL. Some critics are so upset with the NFL and Cover Girl, they are posting a photoshopped version online of the magazine's Baltimore Ravens "makeup look." The meme shows the model with a black eye.

CoverGirl has recently taken down its "NFL Game Face" website.

Below is a response from CoverGirl's parent company, Procter and Gamble:

As a brand that has always supported women and stood for female empowerment, COVERGIRL believes domestic violence is completely unacceptable. We developed our NFL program to celebrate the more than 80 million female football fans. In light of recent events, we have encouraged the NFL to take swift action on their path forward to address the issue of domestic violence. – Laura Brinker, P&G Spokesperson


Filed under: Money & Power • Ray Rice • Sports
September 5th, 2014
02:33 PM ET

Airline seat battles: Do passengers have the right to recline?

There's a national debate over whether fellow passengers should be able to recline their seats. It's caused three flights in the past two weeks to make emergency landings.

United flight diverted over legroom scuffle

One man used the now famous Knee Defender to keep the passenger in front of him from reclining. It lead to a fight so heated his plane from Newark to Denver had to be diverted to Chicago.

An aviation expert tells CNN that diverting a flight is costly. It costs airlines about $6,000 per hour  and that doesn't include airport landing fees for some flights.

Controversial inflight device: Should the Knee Defender be banned?

So why all the fights over legroom?


Filed under: Aviation Industry • Money & Power • News
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