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| April 27, 2018

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Free Apple on Delta Flight Costs Woman $500

April 23, 2018 |

Crystal Tadlock may think twice before accepting anything from a Delta attendant again. Flying back from Paris, the Colorado woman accepted a free apple handed out by an attendant and stuffed it in her carry-on bag—only to discover at customs that the fruit would cost her $ 500, KDVR reports….
Newser

California sues Sutter Health, alleging the hospital system unfairly inflated costs for patients

March 31, 2018 |

In a high-profile legal action aimed at the financial cost of healthcare consolidation, California’s attorney general has sued Sutter Health, the largest hospital system in Northern California, alleging anticompetitive business practices that unfairly drove up costs for patients.

The lawsuit filed…


L.A. Times – Business

Univision to Search for New CEO, Cut Costs After Scrapping IPO

March 8, 2018 |

Univision Communications Inc.’s board is girding to search for new leadership and is undertaking a business review that could lead to severe cost cuts, people familiar with the matter said, on the heels of the Spanish-language broadcaster canceling its initial public offering.
WSJ.com: US Business

Can Los Angeles start a public pot bank? City study says costs could be ‘exorbitant’

March 3, 2018 |

How hard would it be for the city of Los Angeles to create its own bank? Very.

That’s the upshot of a report released this week by the city’s chief legislative analyst, which identified a bevy of potential roadblocks, including the need for changes to state and city law and potentially “exorbitant”…


L.A. Times – Business

Southern California businesses are struggling to attract workers due to high housing costs

February 22, 2018 |

Ace Clearwater Enterprises needs to hire four welders.

The South Bay aerospace company could also use three more machinists, as well as four specialists who use 7-ton drop hammers to form metal parts for fighter jets.

But filling those positions is tough. Many young Californians are going to college,…


L.A. Times – Business

The Benefits, and Costs, of Higher Metal Tariffs

February 17, 2018 |

Aluminum and steel producers hope tariffs under consideration by the Trump administration will heat up demand for their products, but the U.S. remains an expensive place to make the metals.
WSJ.com: US Business

Geography Gaffe Costs Professor His Job

February 12, 2018 |

An online adjunct professor incorrectly told a student that Australia isn’t a country and gave her a failing grade, prompting Southern New Hampshire University to replace the instructor. Buzzfeed News reports that the 27-year-old student in Idaho was assigned to compare American social norms to that of another country. She…
Newser

American Airlines says it may raise fares due to rising fuel costs

January 25, 2018 |

American Airlines reported earnings that beat analysts’ expectations on Thursday but warned that higher fuel costs will probably force it to raise fares.

Chief Executive Doug Parker told analysts that the Fort Worth-based carrier generated reasonable income last year even as fuel costs rose 20.8%…


L.A. Times – Business

Wells Fargo reports big tax savings — and big costs for investigations, lawsuits

January 12, 2018 |

The GOP tax overhaul saved Wells Fargo & Co. more than $ 3 billion in the fourth quarter, but the bank also set aside more than $ 3 billion to cover costs related to ongoing problems with its consumer businesses, the company reported Friday.

In its earnings release for the fourth quarter and full…


L.A. Times – Business

New taxes and higher costs of oil drive up gasoline prices for holiday season

December 25, 2017 |

More Southern California residents are expected to hit the roads this holiday season than ever, and they’re going to be paying more in gasoline prices than they have since 2013.

The higher cost of crude oil is driving up gasoline prices nationwide. And a new state fuel tax that took effect Nov….


L.A. Times – Business