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$DAL's study found that after the first 6 years of privatization, Canada saw an additional 59% increase on ATC-related fees. In the United Kingdom, ATC fees rose 30%. The study also included examples of extreme tax increases, and outlined how a privatized, revenue-based system could result in ATC resources being prioritized at larger airports.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.