Airlines used to give away most of their nicest seats, but they have increasingly found ways to persuade people to pay a lot for them.
Category: United States
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How Airlines Turned First-Class Seats From Freebies to a Profit Engine
The New York Times – Business: -
America’s Furniture Stores Struggle to Survive a Frozen Housing Market
The New York Times – Business:Retailers are going bankrupt and liquidating as record-low housing turnover leaves fewer customers looking to furnish homes.
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Oil Prices Fall, but Energy Firms Remain Frozen After U.S.-Iran Deal
The New York Times – Business:Analysts said oil and natural gas energy companies would not quickly restore production unless attacks stopped and ships started moving through the Strait of Hormuz.
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Amazon and U.S. Postal Service Reach New Deal on Deliveries After Year of Talks
The New York Times – Business:Amazon will cut the volume of packages it ships through the Postal Service by 20 percent under a tentative new deal that will preserve a crucial source of income for the agency.
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After Iran Cease-Fire, Ship Traffic in Strait of Hormuz Remains Throttled
The New York Times – Business:A handful of vessels have crossed the crucial waterway since the U.S.-Iran truce began, but shipowners, insurers and others are wary of safe passage.
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Delta Expects Strong Profit Despite Higher Fuel Costs
The New York Times – Business:The airline said demand for tickets remained very strong despite the effects of the war in Iran.
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‘Definitely a Sham’: As Tariffs Climb, Trade Fraud and Accounting Tricks Proliferate
The New York Times – Business:U.S. imports from China have shrunk drastically. But billions of dollars of the change appear to be the result of accounting gimmicks and outright fraud.
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Skilled Foreign Workers Think About Leaving the U.S.
The New York Times – Business:As the Trump administration cracks down on the H-1B visa program, which allows skilled workers like software engineers to work in the United States, foreign professionals are debating whether to stay and build careers or quit the American Dream.
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Jobs and Workers Are In Balance. Nobody Is Happy About It.
The New York Times – Business:Lower immigration has brought labor supply in line with shaky demand, but economists worry that such a slow-moving job market is at risk of toppling over.
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Iran War Showcases Strength of South Korean Defense Sector
The New York Times – Business:Missile interceptors made by the South Korean firm LIG Nex1 are said to be performing well, at a small fraction of the cost of U.S. interceptors.
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Iran War Showcases Strength of South Korean Defense Sector
The New York Times – Business:Missile interceptors made by the South Korean firm LIG Nex1 are said to be performing well, at a small fraction of the cost of U.S. interceptors.
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FDA Is Expected to Lift Restriction on Peptides, Heeding RFK Jr.’s Wishes
The New York Times – Business:The peptides, which are increasingly marketed as providing longevity and health benefits, were removed in 2023 from the agency’s list of products that compounding pharmacies can sell.