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Ryanair is booming as flyers ditch pricier airlines

London CNN Business  —  Ryanair carried a record number of passengers over the summer and says its budget friendly airfares will attract even more customers as Europe falls into a recession. The low-cost carrier posted its highest ever half-year profit on Monday, earning €1.37 billion ($1.36 billion) for the six months through September. That beat […]

America’s housing dream is broken

Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN Business  —  A little over a decade ago, the dominant narrative about the housing market was that Millennials simply weren’t buying. They were either too cheap, lazy, or […]

Shoppers are abandoning Wayfair | CNN Business

New York CNN Business  —  Wayfair lost more than a million customers during its latest quarter as shoppers turn away from new furniture and home decorations. The e-commerce retailer said its active customer count dropped 22.6% during the quarter ending September 30 compared to the same time last year. The company’s sales also declined 9% […]

Tonga eruption was highest-recorded volcanic plume

Sign up for CNN’s Wonder Theory science newsletter. Explore the universe with news on fascinating discoveries, scientific advancements and more. CNN  —  When the Hunga Tonga-Hunga Ha’apai volcano erupted underwater in January, it created a plume of ash and water that broke through the third layer of Earth’s atmosphere. It was the highest-recorded volcanic plume […]

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