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    CNN Money: Top business headlines for April 28

    5:35 AM, Apr 29, 2013   |    comments
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    NEW YORK (CNN) -- CNN Money's Maribel Aber has your top business and financial news on this Monday, April 28.

    Air-travel delays easing
    Commercial air traffic began returning to normal across the U.S. Sunday as the Federal Aviation Administration ended the furloughs of air-traffic controllers that had led to thousands of flight delays and cancellations over the previous week. There were 1,867 delayed flights and 41 cancellations as of late Sunday afternoon, less than the first day of furloughs the previous Sunday, and below the 30-day average, according to airline data tracker FlightStats. Delays on Saturday also returned to pre-furlough levels, according to FlightStats.

    Wealth gap among races widened since recession
    Millions of Americans suffered a loss of wealth during the recession and the sluggish recovery that followed. But the last half-decade has proved far worse for black and Hispanic families than for white families, starkly widening the already large gulf in wealth between white Americans and most minority groups, according to a new study from the Urban Institute. "It was already dismal," Darrick Hamilton, a professor at the New School in New York, said of the wealth gap between black and white households. "It got even worse."

    Consumers' shift to older iPhones raises concerns on Wall Street
    In recent months, such an unusually large proportion of consumers are opting to buy older iPhone models that some analysts have begun to wonder whether Apple has lost its ability to create new versions that have enough dazzle to justify their high prices. Not only has the shift toward cheaper phones nibbled away at Apple's profit margins, it's been dramatic enough for some analysts to view the iPhone 5 as a disappointment. "I think it's no surprise then that the iPhone 5 is selling worse than expected," said Brian Colello, an analyst at Morningstar.

    McDonald's considers all-day breakfast, delivery
    McDonald's is considering serving breakfast all day, offering rewards to frequent eaters and even delivering the golden arches to your door, the company's chief said Friday. In an interview with CNBC, President and CEO Don Thompson said the world's largest fast-food chain "has looked at breakfast across the day" and "innovative ways" to expand hours in the United States, noting that it's already happened in other countries. "I think we'll be seeing some of those things in the near future," he said.

     

     

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