WASHINGTON — The Federal Aviation Administration would be required to set new minimum requirements for seats on airplanes under legislation to be considered in the House this week, possibly giving passengers a break from ever-shrinking legroom and cramped quarters. The regulation of seat width and legroom is part of a five-year extension of federal aviation programs agreed to early Saturday by Republican and Democratic leaders of the House and Senate committees that oversee the nation’s air travel. Congress faces a Sept. 30 deadline to keep FAA programs running. The Senate will also need to take up the bill this week or both chambers will need to pass a short-term extension. The bill would prohibit the involuntary bumping of passengers who have already boarded a plane. But in a nod to the power of the commercial airliners, lawmakers declined to include language that would have prohibited airlines from imposing fees deemed “not reasonable and proportional.” … [Read more...] about The legroom on your flight has been shrinking. Now Congress is getting involved
He called himself “Hans Gruber” and “Jimmy Smits,” among other phony names, while making hundreds of fake online restaurant reservations, according to prosecutors. The San Francisco tech company he worked for called him a “rogue” employee who took it upon himself to make the competition look bad. Now, federal prosecutors say dozens of Chicago restaurant managers can call Steven Addison the culprit of a bogus booking scheme that left more than a thousand of their seats empty on normally busy nights, costing them thousands of dollars in lost sales. Addison was charged Thursday in U.S. District Court with one count of wire fraud for the diner-deserting scam that was uncovered earlier this year. While working as an enterprise operations specialist for the online reservation service OpenTable — identified only as Company A in a criminal complaint — the 30-year-old Chicagoan made fake reservations at restaurants in the city that were using a … [Read more...] about Ex-OpenTable worker charged with wire fraud in fake restaurant reservation scam
The holiday hiring season is in full swing, and employers are fa-la-la-la freaking out a little. Retailers and shipping companies need to beef up their ranks to handle the major increase in volume that's on its way with the fast-approaching holiday season. A few of them are adding even more employees than last year. But there are fewer workers to go around. Consumer confidence is high. The economy is strong. And unemployment is low. That's great for job seekers — not so much for employers. "Businesses are facing a very tight labor market this season," said John Slenker, the state Labor Department's regional economist in Buffalo. With Buffalo-Niagara's 4.5 percent unemployment rate at an 18-year low, retailers will have a tougher time hiring this year than they've had since Pokemon cards and Razor scooters were burning up shoppers' Christmas lists. So how are they going to do it? For starters, they're probably going to have to offer more money, Slenker said. Some … [Read more...] about Holiday jobs are here, but where are the workers?
Comcast outbid Twenty-First Century Fox in a $39 billion takeover of British broadcaster Sky after submitting a much higher bid in a three-round auction that took place on Saturday. Comcast offered £17.28 per share, while the price offered by Fox was £15.67 per share, according to an official statement from the Takeover Panel. This follows an elongated bidding battle between two of America's largest media companies over the coveted overseas competitor. A person close to the process told CNBC Saturday that Comcast wanted to ensure the company had paid enough of a premium over Disney's bid to sway shareholders inclined to go with Fox/Disney, based on their existing 39 percent stake in Sky. Meanwhile, a separate source familiar with Comcast's thinking told CNBC believes Disney may even sell its 39 percent stake at the same price. The blind auction format is a highly unusual one for a deal as notable as the Sky acquisition. Takeover auctions are normally reserved for commercial … [Read more...] about Comcast Outbids Fox in a $39 Billion Takeover of Sky
China has scrapped trade talks with the United States days before President Trump is due to escalate the commercial battle with a new round of tariffs, according to a person familiar with the discussion. Chinese officials canceled the planned negotiations after Trump announced he would impose new levies of up to 10 percent on another $200 billion in Chinese imports, effective Monday. Beijing vowed to strike back, slapping duties of up to 10 percent on an additional $60 billion in American products.Beijing had prepared to send Vice Premier Liu He, the country’s top-ranking economic official, to Washington next week, along with a mid-level delegation to prepare for his visit, the Wall Street Journal reported. Treasury Secretary Steven Mnuchin had been expected to oversee the talks, which were called in hopes of easing tensions between the world’s two largest economies, U.S. officials have said. The effort crumbled a week after Trump tweeted the White House felt “no … [Read more...] about China calls off trade talks with U.S. as Trump readies new round of tariffs