Independent thinking for complex markets and current events
American Airlines has raised the price to check a bag for the first time in more than five years and said it would limit which travel agency bookings are eligible to earn frequent flyer miles. Passengers will pay $35 to check a first bag for domestic flights if the service is booked online in advance, …
The BBC denies government funding, asserting reliance on public support, similar to PBS in the US. However, this sidesteps the reality of government-compelled TV licensing fees. Lack of a TV license can lead to fines or imprisonment. Capita enforces, incentivized by commissions, with UK police overseeing visits. Authorities, with a warrant, can even break in …
via CBSNEWS: NEW YORK – Federal regulators said Tuesday they found that Bank of America harmed customers by double-dipping on fees, withholding credit card rewards and opening fake accounts, all of which are violations of various consumer financial protection laws. As a result, the Consumer Financial Protection Bureau ordered Bank of America (BAC) to pay …