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January 29, 2008
GOOD DAY FOR: A name change, as The Wall Street Journal is moving its headquarters from the Wall Street financial district in lower Manhattan to midtown, where News Corp. is based. The Journal has been within a short walk of Wall Street since its founding 119 years ago. The paper is also reportedly getting a sports section and lifestyle magazine. (The New York Times, free registration)
BAD DAY FOR: Seeing the world, as airline fuel surcharges have risen to nearly half the price of the plane ticket on many international flights. Passengers to Spain can expect a surcharge of up to $390 round trip, for example. And surcharges are not eligible for corporate discounts. Airlines are hoping people understand the surcharge, “because they see it at the gas station,” said travel consultant Diane Embree. (Los Angeles Times, free registration)
of The Week magazine.