Record-high fuel prices have hammered airlines, forcing executives to eliminate flights, cut back on unprofitable routes and make passengers pay for many perks that used to be free.
Now the airlines are looking at other ways to save money. That means a new opportunity for a plane from the past.
On a typical day at Atlanta's Hartsfield-Jackson International Airport, the "Plane Train" ferries some 200,000 travelers a day between terminals. One of those passengers, Rebecca Hamilton, is on her way home to Florida.
The Environmental Protection Agency announced on Wednesday that it is temporarily banning BP from doing new business with the federal government. The agency cites BP's lack of business integrity as a reason, pointing to the company's conduct during the 2010 Gulf of Mexico disaster. The suspension doesn't affect current contracts.
Every year, restaurants throw away as much as 10 percent of the food they buy, as we reported yesterday, yet food waste ranks low on most chefs' list of priorities. But some restaurants want to do something about food waste in their quest to go green. That includes Mario Batali's Lupa Osteria Romana, one of New York's trendiest restaurants.
Citing a "lack of business integrity," the Environmental Protection Agency announced it was temporarily suspending the oil giant BP from entering into new contracts with the federal government.
In a press release, the EPA said BP demonstrated the lack of integrity during the Deepwater Horizon "blowout, explosion, oil spill and response." This kind of suspension, the EPA explained, is "standard practice when a responsibility question is raised by action in a criminal case."
Federal prosecutors in West Virginia stepped higher up the corporate ladder at Massey Energy Wednesday with new criminal charges stemming from the investigation of the 2010 coal mine explosion that killed 29 workers.
David C. Hughart was president of Massey's Green Valley Resource Group, a major coal mining subsidiary based in Leivasy, W. Va., from 2000 to 2010.
Hong Kong is trying to cool its housing market, so investors are looking for other places to put their money. One Hong Kong developer recently sold 500 spaces for $167,000 each. The $88,000 spot goes on the auction block Thursday.
And now, let's turn to today's business bottom line. As more people buy smartphones and other devices that run on rechargeable batteries - this will come as no surprise - sales of single-use, disposable batteries are dropping; and that is not without consequences. Energizer announced this month that the company will close three plants because of decreased demand. That is a 10 percent cut of its global workforce. Vermont Public Radio's Kirk Carapezza reports on one community that is feeling the pain.