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Amazon May Be Profiting from the Bad Economy

In a bad economy, Amazon is reporting increased profits:
“Amazon.com, the world’s largest Internet retailer, reported that its second-quarter profit more than doubled as a jump in sales of electronic items combined with a rise in overseas revenues as the cheap dollar made products cheaper for customers outside the US.”
link: Amazon profit doubles on sales […]

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Luggage Fees Among the Increases at Northwest Airlines

Northwest Airlines announced staff reductions and increased fees:
“…Northwest will begin charging many customers $15 for a first checked bag and up to $100 for redeeming frequent-flier miles. Charges to change some domestic tickets will jump to $150, up from $100. Some international change fees will rise even more.”
link: NWA slashes 2,500 jobs, pumps up […]

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Police Creativity: How to Increase a Speeding Ticket Charge

This is creative. There is an extra charge on the speeding ticket in Atlanta, Georgia:
“HOLLY SPRINGS, Ga. — The surging price of gasoline has come to this: a “fuel surcharge” on your next speeding ticket.
Drivers caught speeding in this north Atlanta suburb soon will have to pay an extra $12 — to cover […]

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Airlines Increase Roundtrip Fares

Air travel became more expensive again. The major air carriers are increasing their roundtrip fares. MSNBC reports:
“…Some of the nation’s biggest airlines raised most domestic fares by an additional $20 roundtrip over the weekend, adding to the strain on consumers now paying an average of more than $4 a gallon for regular gas.”
link: […]

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Air Fares Instantly Becomes Costlier

Earlier this week, American Airlines instituted a fee policy for the first piece of checked luggage. Unfortunately for passengers, this is not the only added expense to air travel. Now there is an added increase to the air travel ticket:
“Continental Airlines and US Airways matched United’s airfare hike of up to $60 roundtrip […]

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Record Gas Profits

Every day the gas prices fluctuate. On occasion the price drops but the usual trend is upwards. For the oil companies, this means huge record profits:
“…Trouncing analysts’ expectations Tuesday, BP and Royal Dutch Shell, Europe’s largest oil companies, delivered record profits for the first quarter of 2008. Anglo-Dutch firm Shell netted $7.78 billion […]