CNN Money: Top business headlines for June 24

UNDATED (KTHV) - CNN Money's Maribel Aber has the latest business and financial news for Tueday, June 24.

Walton Family Foundation gives $1.9M grant for public school leadership program

The University of Arkansas Foundation and the College of Education and Health Professions are the recipients of a $1.9 million grant from the Walton Family Foundation. The grant, announced Monday, will fund the Principal Fellows program and place skilled administrators in some of the poorer public schools in Arkansas. The objective is to provide enhanced student outcomes and lead to stronger communities and economic growth in the state.

JetBlue adds flat-bed seats on cross-country flights

For the well-heeled traveler flying between New York and Los Angeles, for whom onboard Wi-Fi, roomy leather seats, a Zagat-approved meal and a piping hot washcloth are not enough, airlines have an announcement. Attention, passengers: Your bed is ready. Attention, passengers: Your bed is ready. As inches have been shaved off the seat cushions for coach travelers and surcharges have padded to their bills in an effort to please shareholders, major carriers are turning their attention to the latest must-have on a cross-country flight, a seat that folds out into a flat bed.

Airbag problems result in millions of recalls

Seven automakers are recalling millions of vehicles because the casing around the airbag's inflator can rupture, possibly resulting in injury. The National Highway Traffic Safety Administration says Honda (HMC), Nissan (NSANF), Toyota (TM), Mazda (MZDAF), Chrysler, Ford (F) and BMW are recalling the vehicles equipped with the airbags made by the Japanese company Takata. The recall follows a NHTSA investigation into six reports of airbag inflator ruptures, all of which occurred in Florida and Puerto Rico.

Chain tests mashed potato burger - with gravy

Anyone who thinks there's nothing new to plop atop a burger need only taste the latest topping Carl's Jr. is testing: mashed potatoes. Not as a side dish -- on the burger between the buns. Not as a side dish — on the burger between the buns. The sandwiches are called Mashers and include a scoop of garlic mashed potatoes — with brown, truffle gravy — atop a burger or chicken. Besides the hearty scoop of mashed potatoes, the sandwiches also are sprinkled with crispy onion strings.


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