Honeywell CEO warns on inflation: 'We have to be careful'
CNN
Honeywell CEO Darius Adamczyk is cautioning Washington against doing more to boost a red-hot economy that's already grappling with rising inflation, worker shortages and materials in short supply.
"The economy is doing a little bit better than people expect. It's actually humming along," Adamczyk told CNN Business. "I do believe we have to be careful about unintended consequences — which would be inflation." His own Honeywell (HON), the world's largest industrial conglomerate by market value, is already struggling to keep up with pricing pressure on everything from labor to steel.
In the hours after police discovered the bodies of Rob Reiner and Michele Singer Reiner inside their Brentwood, California, home, speculation was rife over what could have led someone to murder the beloved Hollywood director and his other half, a charismatic photographer and producer.
President Donald Trump came to North Carolina on Friday to talk about the economy.
The Justice Department released thousands of files related to sex offender and accused sex-trafficker Jeffrey Epstein in a much-anticipated document dump Friday.
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‘Twas the week before Christmas in a Montreal store, when Santa stole groceries, then walked out the door.
The US struck multiple targets in Syria on Friday that the US military tied to ISIS as retaliation for the recent attack against American troops there that killed two service members, according to two US officials.
CNN is tracking delays and cancellations for flights traveling to, from or within the US using data from FlightAware. Data updates every 15 minutes.
Republican Rep. Elise Stefanik announced Friday she was ending her short-lived bid for governor of New York and would not run for another term in Congress.
In his latest effort to lower drug costs, President Donald Trump unveiled Friday “Most Favored Nation” pricing deals with nine more pharmaceutical companies.
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The Supreme Court on Friday sided against the Trump administration, keeping alive a federal lawsuit from immigration judges who are attempting to challenge a policy that limits their ability to speak publicly.