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Month: September 2023

United flights grounded nationwide, including at Denver International Airport, due to technology issue

United flights grounded nationwide, including at Denver International Airport, due to technology issue

United Airlines flights in Denver are grounded until at least noon due to a global problem with the airline’s computer system, according to Denver International Airport.

The problem is impacting at least 35 flights that are trying to land at the airport, said spokesperson Stephanie Fiugeroa.

According to a tweet from United, the airline is “holding all aircraft at their departure airports. Flights that are already airborne are continuing to their destination as planned. We will share more information as it becomes available.”

This is a developing story.

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United flights briefly grounded nationwide due to technology issue

United flights briefly grounded nationwide due to technology issue

United Airlines flights in Denver and nationwide were briefly grounded today because of a global problem with the airline’s computer system, according to Denver International Airport.

The problem temporarily impacted at least 35 flights that were trying to land at the airport, spokesperson Stephanie Figueroa said.

The technology problem was limited to United and its subsidiaries, according to the Federal Aviation Administration, and grounded United flights for less than an hour. Normal operations resumed at 11:45 a.m., according to the airline.

United Airlines attributed the problem to a software update that caused a widespread slowdown in its systems, the company said in a statement.

United is investigating the cause of the problem, but it was not related to cybersecurity and did not impact any aircraft in flight, according to the airline. read more

A supersized Publix is coming to Winter Haven

A supersized Publix is coming to Winter Haven

Publix will introduce one of its new, larger format stores to Polk County shoppers when a new 55,000-square-foot store opens in Winter Haven, according to a report in GrowthSpotter.

Orlando-based Elevation Development filed construction plans last week with Polk County for the new grocery store with a drive-thru pharmacy and separate liquor store at 890 Jersey Road. The supermarket would sit on 9.2 acres in the center of a larger, 27-acre development stretching from Havendale to north of Derby Avenue.

For years, a typical Publix prototype store averaged between 46,000 and 48,000 square feet, though the company expanded to 52,000 square feet at Loughman Crossing across from the Providence golf community in Davenport.

The larger, 55,000-square-foot prototypes allow for expanded Grab & Go sections and self-checkout areas.

Other features you might see in a larger format store, like the one that opened this summer in Tampa, include a “Pours” café and bar, upstairs and outside seating, and burrito, pizza and pasta stations. Publix opened two more of the larger stores this summer is Broward and Palm Beach counties. read more

Econometer: Is the Federal Reserve correct in considering additional rate hikes?

Econometer: Is the Federal Reserve correct in considering additional rate hikes?

Phillip Molnar | The San Diego Union-Tribune (TNS)

Federal Reserve Chair Jerome Powell said in a speech recently that the central bank would stamp out rapid inflation “until the job is done” despite a dropping inflation rate.

While inflation has been lowering, he said officials want to see more progress to convince them that they are truly bringing price increases under control.

“We are prepared to raise rates further if appropriate and intend to hold policy at a restrictive level until we are confident that inflation is moving sustainably down toward our objective,” he said.

Critics have argued raising interest rates tamper economic growth and the Fed’s strategy so far isn’t working.

Q: Is the Federal Reserve correct in considering additional rate hikes?

Jamie Moraga, Franklin Revere

YES: Additional rate hikes could be warranted if they reduce higher prices for goods and services and get inflation back to the 2 percent goal. The Fed should be careful how much they raise rates to avoid over-tightening and worsening our economic situation. They should also ensure high-interest rates aren’t prolonged, which can affect mortgages, credit cards, and loans (including personal, student, auto, and business), resulting in long-term economic impacts. read more