Bloomberg Business Report: Airlines get ready for major delays

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by Jane King / Bloomberg

Bloomberg

Posted on April 19, 2013 at 7:49 AM

Updated Friday, Apr 19 at 7:49 AM

If you're headed to the airport next week-- patience is key. Air traffic controller furloughs are scheduled to kick in Sunday, and they could result in hours of delays at some of the country's biggest hubs, from New York's JFK to Chicago's O'hare. USA Today says Monday and Friday are the heaviest travel days, so that's when delays could be the worst.

More problems for Carnival as another ship loses power at sea. USA Today says the power loss only lasted 12 minutes, but it's not what Carnival needs right now. This comes just two days after the company said it would spend up to $700 million to improve its emergency generators and safety procedures on its entire fleet.

Chipotle fans don't have to worry about another price hike -- at least for now. The burrito chain says it's keeping a close eye on rising food costs, and if it has to raise prices again, it wouldn't happen until later this summer or early fall. Chipotle also plans to roll out catering services nationwide by the end of August. 

Wall Street welcomes Shamu and friends Friday. Sea World will make a splash at the New York Stock Exchange Friday as the stock begins trading. It'll trade under the symbol 'Seas.'

More moms are buying luxury baby products. From thousand-dollar bugaboo strollers to $50 designer tennis shoes, Bloomberg Business Week says this reflects not only the improving economy -- but the growing number of older parents with more of a disposable income. 

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