NEW YORK (Reuters) - Just when you thought airlines were done with ridiculous fees and onerous policies, Spirit Airlines' announces it's raising a charge for carry-on bags to $100 and United Airlines says it will no longer allow families with small children to board early. And that's not to mention that it's becoming common practice to put a premium on aisle and window seats, forcing families that want to sit together to both pay for an upgrade and pay a fee to be assigned seats.
NEW YORK (Reuters) - The trustee liquidating MF Global Holdings Ltd broker-dealer said on Monday he sees possible civil claims against former Chief Executive Jon Corzine and other top executives for breach of duties to customers.
LONDON (Reuters) - The uncertain worldwide growth outlook flushed more investors out of riskier assets on Monday, sending shares and commodities down, despite signs that a drive by Europe's leaders to tackle the region's debt crisis was gathering momentum.
HONG KONG (Reuters) - Smaller-sized hedge funds are increasingly throwing in the towel in Asia as they struggle to attract money from risk-wary institutional investors, casting a cloud over prospects of the $128 billion industry.
(Reuters) - Salesforce.com Inc will buy Buddy Media, which helps big brands manage Facebook and Twitter pages, for about $689 million, in the latest sign that the social media marketing sector may be a new battlefield for large tech companies.
NEW YORK (Reuters) - A California entrepreneur got a harsh lesson on the rules of charitable contributions this week when the U.S. Tax Court denied his $18.5 million deduction for real estate donations —not because he inflated their values, but because he didn't follow the rules.
NEW YORK (Reuters) - Atlanta-based adviser Jason Lina has staunchly defended his firm's 10 percent position in European equities this year, citing attractive valuations to clients, even as the region's debt woes escalated in recent weeks.
WASHINGTON (Reuters) - U.S. job growth braked sharply for a third straight month in May and the unemployment rate rose for the first time in nearly a year, raising chances of further monetary stimulus from the Federal Reserve to support the sputtering recovery.
CHICAGO (Reuters) - Finding consistent total stock returns has always been a challenge. But even as the euro zone beast continues to flair its nostrils and employment wheezes, there are stocks that are worthy contenders, particularly ones that pay dividends. While they don't eliminate market risk, dividends can bolster total return in skittish equity markets. And some of the best sectors for high-dividend players are far from Wall Street.
NEW YORK (Reuters) - It's crisis communications 101 for Corporate America: when a company bungles an event as big as the Facebook IPO, alienates customers, and spawns lawsuits and regulatory inquiries, the CEO apologizes and agrees to provide compensation to make things right. Everyone can then move on.