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MICHAEL WOLFF
NEWS ABOUT:
fuel costs
fuel costs
stories: 48 news summaries
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Piracy Jacks Up
Insurance, Fuel Costs
Entering high-risk areas or navigating around South Africa both add millions
Apr 13, 09 12:42 AM CDT
(Newser)
- Piracy in the Gulf of Aden is driving up shipping costs as companies are forced to choose between paying higher insurance or taking longer routes, the AP reports. Premiums have reportedly risen at least tenfold for travel near the Somali coast, and avoiding the Gulf of Aden by navigating around...
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Somalia
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Africa
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piracy
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insurance
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shipping
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pirates
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fuel costs
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Gulf of Aden
ANALYSIS
Aging Airlines Can't Catch Up to Younger Rivals
Recent changes haven't helped 'legacy' carriers
Apr 7, 09 8:52 AM CDT
(Newser)
- Despite many rounds of cost-cutting, so-called legacy airlines—United, Delta, US Airways—still face costs 35% higher than low-fare carriers like JetBlue and Southwest, the
Wall Street Journal
reports. The younger outfits have maintained a “cost gap” analysts thought their older peers could close over time. For one thing,...
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MORE ABOUT:
Delta Air Lines
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JetBlue
•
Northwest Airlines
•
US Airways
•
United Airlines
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Frontier Airlines
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AirTran
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Southwest Airlines
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Continental Airlines
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Air Canada
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fuel costs
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airlines
•
airplanes
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low-fare carriers
Oil Prices Plunge,
Gas Not So Much
Refineries slashed production after demand for gas dipped
Feb 16, 09 6:33 AM CST
(Newser)
- Gas is pumping toward $2 per gallon—a 22% increase since Dec. 30—even though oil prices have dipped 16% over the same period. What gives? When penny-pinched Americans cut back on fuel last fall, oil refineries were slow to ease production. Now they're overcompensating with production cuts to recover...
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MORE ABOUT:
recession
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gas prices
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oil refineries
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fuel costs
•
oil prices
Salmonella
Scare Rattles
Peanut County
Farmers report fewer contracts
Feb 8, 09 5:50 PM CST
(Newser)
- A Georgia county that boasts a big peanut in its courthouse square is getting crunched by the salmonella outbreak, the
Los Angeles Times
reports. In Blakely-Early County, Ga.—the self-proclaimed "Peanut Capital of the World"—peanut plant workers are losing jobs and farmers are getting fewer contracts....
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MORE ABOUT:
layoffs
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Georgia
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recession
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salmonella
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outbreak
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fuel costs
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economy
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peanut
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farmers
'Consumers Have Thrown In the Towel': Report
Weary from a long fight, consumers are retrenching, cutting purchases across the board
Oct 31, 08 9:24 AM CDT
(Newser)
- The punches are coming from all directions and consumers, beaten down and out of breath, are clearly ceding the fight through decreased spending, Bloomberg reports. The scorecard released today says it all: consumer purchases were down 0.3% in September, the biggest drop in 4 years, capping the weakest quarter...
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core inflation
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unemployment
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consumer spending
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subprime crisis
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fuel costs
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financial crisis
You Can't Binge on This Anymore
Food makers shrink packages instead of hiking prices
Sep 14, 08 8:54 AM CDT
(Newser)
- The half-gallon of ice cream is going the way of the soda fountain, as many manufacturers shave ounces off the size of prepackaged foods—without reducing prices, reports the
New York Times
. The practice, a response to the bump in transportation and ingredient costs, isn't novel, but the reaction is,...
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MORE ABOUT:
food prices
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consumer advocacy
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fuel costs
glossies
Strapped Schools
Say Bye to Bus Rides
New generation can tell grandkids they walked to school
Sep 7, 08 7:55 PM CDT
(Newser)
- As high gas prices strangle US school budgets, more officials are cutting back where it hurts student scores least: school buses. Some schools are limiting or redesigning bus routes, but others have nixed busing entirely, leaving thousands of kids to hoof it under adult supervision. Some parents object, but many...
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MORE ABOUT:
environment
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conservation
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transportation
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gas prices
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school districts
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school budget
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fuel costs
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school bus
Dell to Sell Factories as It Retools Strategy
PC maker will shed infrastructure in effort
to stay competitive
Sep 5, 08 9:30 AM CDT
(Newser)
- Dell is looking to sell off its computer factories, the
Wall Street Journal
reports, drastically altering a business model that was once the envy of the industry.
Journal
sources say the aim is to sell most, if not all, of the plants in the next 18 months; most likely buyers...
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Dell
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Michael Dell
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PC makers
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fuel costs
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computer sales
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laptops
Japanese PM Resigns
Fukuda hopes move will clear parliamentary gridlock
Sep 1, 08 11:42 AM CDT
(Newser)
- Yasuo Fukuda has resigned as Japan’s prime minister, the AP reports. Fukuda said he was stepping down to ensure that a special session of parliament to address the economy runs smoothly. Fukuda, whose approval rating is at 29% after less than a year in office, has presided over a...
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Japan
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resignation
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prime minister
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food prices
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Yasuo Fukuda
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parliament
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Japanese economy
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fuel costs
Plains States See Boom,
But Await Bust
Strong farming economy highlights nationwide differences
Aug 20, 08 2:33 PM CDT
(Newser)
- Driven by rising food prices and farmers’ access to loans, the Plains states are a bright economic spot amid the nationwide slump, the
Washington Post
reports. Farm country was able to avoid the housing bust because it also avoided the boom. And retail space is filling up as consumer...
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farmland
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retail sales
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food prices
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farm
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fuel costs
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feed prices
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bust
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farmers
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bubble
opinion
United Should Be Liquidated
Why the airline doesn't deserve a second chance
Aug 13, 08 5:49 PM CDT
(Newser)
- What with the oil price spike, times are rough all around for airlines, writes Roben Farzad for
BusinessWeek
. But United presents a uniquely bungled case, and it is irresponsible to pity it along with other struggling players in the industry. "Even if the airline devised a way to run...
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MORE ABOUT:
cost cutting
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pensions
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airline industry
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United Airlines
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strike
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credit crisis
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fuel costs
American Stiffens Frequent-Flier Rules
Fees see an increase in a move to cut costs
Aug 7, 08 4:50 PM CDT
(Newser)
- American Airlines has added stiffer fees and higher mileage requirements to its frequent-flier program as the airline struggles to cope with fuel costs, the
New York Times
reports. American, which posted a $1.16 billion loss for the second quarter, is following the lead of Delta, which tightened the purse...
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MORE ABOUT:
cost cutting
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airline industry
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American Airlines
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frequent flier miles
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quarterly results
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fuel costs
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business models
JetBlue Adds $7 Fee
for Pillow and Blanket
Latest extra charge to hit travelers
Aug 5, 08 2:04 AM CDT
(Newser)
- JetBlue has begun charging passengers $7 for pillows and blankets,
Newsday
reports. Flyers can keep the items, but there's no guarantee they will be available. It's the latest in a litany of extra charges facing passengers as carriers deal with soaring fuel costs. "This nickel-and-dime stuff doesn't work,"...
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MORE ABOUT:
coffee
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JetBlue
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US Airways
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fuel costs
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pillows
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blankets
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extra baggage
•
Aviation Consumer Action Project
Haters, Gas Fail to
Crush Hummer Pride
Soaring fuel may be stunting sales, but owners won't surrender
Jul 27, 08 11:37 AM CDT
(Newser)
- Sure, the Hummer may be going the way of the dinosaur: Sales are down 40% this year on soaring gas and an eco-image problem, and GM is looking to ditch its troubled brand. But for owners, the AP reports, outsized pride remains part of the package. "It definitely sparks...
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MORE ABOUT:
Humvees
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General Motors
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Hummer
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fuel costs
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automobile
•
Jeep
Airfare to Get More Expensive This Holiday Season
Limited flight schedule will lead to price increases
Jul 18, 08 1:40 PM CDT
(Newser)
- Get ready—this holiday season is going to boast some of the most expensive airfares ever,
USA Today
reports. Because of high fuel costs, most airlines have cut back flight schedules; figure about 9% fewer flights in November compared to a year ago. Having constricted supply, expect the airlines to...
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MORE ABOUT:
airline industry
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airline
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airfare
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oil price
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holiday travel
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fuel costs
OPINION
Why $8 Gas Would Be Awesome
A call for a return to
the days when driving was for rich jerks
Jul 11, 08 11:17 AM CDT
(Newser)
- Gas, as you may have heard, has topped $4 a gallon, and Joel Stein of the
LA Times
loves it. "Cheap gas is unfair," he argues, tongue mostly in cheek. Heck, why not make it $8 or even $10 a gallon, as in Europe, "where they have...
More »
MORE ABOUT:
gas
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traffic
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gas prices
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fuel costs
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energy costs
Fuel Costs Ground
Extended Flights
Too pricey to keep 'flying tankers' in the air
Jul 8, 08 4:52 AM CDT
(Newser)
- Super-long flights were hailed as the future of aviation only a few years ago, but the soaring price of fuel has grounded those plans, reports the
Wall Street Journal
. Airlines are delaying or canceling intercontinental routes as the cost of keeping "flying tankers" in the air for over 12...
More »
MORE ABOUT:
airline industry
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flights
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aviation
•
Boeing 777
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fuel costs
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airlines
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long haul flights
American to Cut 7K Jobs
Massive layoffs planned in response to rising fuel costs
Jul 3, 08 10:56 AM CDT
(Newser)
- American Airlines plans to cut as many as 900 flight attendants from its ranks next month as part of nearly 7,000 expected layoffs this year, reports the
Dallas Morning News.
The job cuts, intended to counter rising fuel expenses, mirror an intended 8% reduction in the airline's worldwide...
More »
MORE ABOUT:
flight
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layoffs
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flight attendant
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American Airlines
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gas prices
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job cuts
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aircraft carrier
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weakening economy
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fuel costs
•
pilots
Fighting Forces Get No
Break on Fuel Price Hikes
Pentagon fuel expenses have doubled in 3 years
Jun 28, 08 7:37 AM CDT
(AP)
- Consumers at the gas pump aren't the only ones suffering sticker shock: Military units in Iraq and elsewhere will see another hike in fuel costs next week, the second increase this budget year amid soaring oil prices. On July 1, the cost for refined fuel used by troops will jump...
More »
MORE ABOUT:
Pentagon
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US military
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Iraq war
•
fuel costs
Air Travelers Will See 10% Flight Cuts by Fall
Airlines plan to ax 10% of flights, 100 cities
Jun 28, 08 6:20 AM CDT
(Newser)
- Travelers will start to feel the full force of airline moves to grapple with rising fuel costs by Labor Day, as 10% of flights will be cut, a dip that will downsize the industry to post-9/11 levels, the
New York Times
reports. The reductions could push fares up by...
More »
MORE ABOUT:
United Airlines
•
American Airlines
•
flights
•
air travel
•
fuel costs
•
airlines
1 - 20 of 48 Stories |
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