Events Calendar
In This Section
Toyota recalls Prius, hybrids over glitch in brake software
Google lowers fee for breaking phone contract
Texas company buys vast gas resources
Buffett joins with Paulson in predicting big payback
Local families get helping hand
EU's decision to assist Greece gives Dow boost
Google e-mail service to add features for social networking
Most Read Stories
Man robbed at Tallmadge Avenue eatery
Another winter punch heading toward Ohio
Four teens restrain man, take items from his Akron home
Complaints against officer keep coming
Police: Ohio girl dies after fall into snow bank
Region makes way for latest batch of snow; cancellations rise
Cuyahoga Falls residents come home to find burning couch on balcony
Blogs:
First Bell - On Education:
No City of Akron basketball tonight
Pets:
Pet telethon re-airs
The Heldenfiles:
Chipmunks "Squeakquel" on DVD/BD March 30
Akron Zips:
Late surge gives Zips ugly road win
Tribe Matters:
Blogmail response on Hafner
Cleveland Browns:
Stallworth's contract terminated
Balanced Ledger:
QB in Browns future: another mock draft
Kent State Sports:
KSU Notes – February 9
Cleveland Cavaliers:
NBA Power Rankings from Around the Internet
Buckeye Blogging:
Buckeyes grab 18 players on signing day
Varsity Letters:
Garfield at Buchtel basketball
All Da King's Men:
Palin At The Tea Party Convention
Blog of Mass Destruction:
Republican Pre-Conditions
Akron Law Café:
Law, Love and Chocolate
Car Chase:
Collector Car Hobby Loses One of the Best—Jim Roll
Let's Talk Real Estate:
Decisions Decisions: Credit Cards or Your Mortgage?
Ohio Travels with Betty:
Loucile is looking for a Lake Erie getaway in June for three kids, ages 1, 3, and 5.
Sound Check:
Talk of the Town – Top entertainment picks for the weekend
HRLite House:
OFCCP Report
Akron Gamer:
Makers of 'Castle Crashers' unveil 'BattleBlock Theater'
See Jane Style:
Do IT this week: Layering
Published on Thursday, Oct 30, 2008
Domestic airfares soar to 13-year high
Average airfares on domestic routes have reached their highest level in the 13 years they've been tracked by the U.S. Department of Transportation, the agency said.
The department said the average domestic fares totaled $352 in the second quarter, up 8.1 percent from the same period in 2007. That number beats the previous high of $348 set in first quarter 2001, just before the industry plunged into a prolonged recession.
United allows fliers to ship bags for fee
United Airlines is teaming with FedEx Corp. to ship a passenger's bag overnight for as much as $358 round trip, betting that some customers will pay the higher cost to avoid taking luggage to the airport.
Travelers would get door-to-door baggage handling and avoid the wait at airport luggage carousels as well as the airline's fee of $30 to check one bag round trip. The new option's cost exceeds the $130 round-trip fee to check two bags with United, a unit of Chicago-based UAL Corp.
The service extends efforts by airlines to boost revenue from sources other than tickets.
Countries slowing rubber production
Thailand, Indonesia and Malaysia, the world's three biggest rubber producers, agreed to cut production by 210,000 tons next year by felling trees, said Luckchai Kittipol, president of the Thai Rubber Association.
The countries will also reduce tapping in a bid to curtail output and boost prices from three-year lows, Luckchai said.
Rubber has plunged 51 percent from a 28-year peak in June on concern the global lending crunch will push the world into recession, reducing demand for commodities. Representatives from the three countries that supply 70 percent of the world output met in Bangkok. The agreement has to be endorsed by governments, said Abdul Rasip Latiff, chief executive officer of the International Rubber Consortium Ltd.
Natural rubber for April delivery added 4.4 percent to $1,790 a ton on the Tokyo Commodity Exchange on Wednesday after hitting a three-year low Tuesday.
Tenneco to cut jobs, close Ohio plant
Tenneco Inc. of Lake Forest, Ill., on Wednesday announced that it will cut 1,100 jobs worldwide and close five facilities in a broad restructuring of operations as the company grapples with an industry downturn.
The maker of emission and ride control systems for automobiles said the move and other cost-cutting efforts are expected to save $64 million a year.
One facility being closed is in Milan, Ohio.
Chrysler ending trip into hybrid territory
Chrysler LLC, the third-largest U.S. automaker, said at the end of the year it will stop making its first gasoline-electric vehicles, which began sales this month, because the plant that builds them in Newark, Del., is closing.
Domestic airfares soar to 13-year high
Get the full article here.
Comments
Click here to post your comments
