The bottom line
Flight delays cost the U.S. economy at least $15 billion last year, Transportation Secretary Mary Peters said. During the first 11 months of 2007. . .
Flight delays cost the U.S. economy at least $15 billion last year, Transportation Secretary Mary Peters said. During the first 11 months of 2007, 1.6 million passenger flights were at least 15 minutes late, for a total delay time of 170 years.
The Washington Post
The median price for all homes sold in 2007 fell 1.3 percent to $218,900, the first annual decline since records were first kept, in 1968.
CNNmoney.com
Thomas Maheras and Dow Kim lost their jobs after their mortgage trading strategies lost a total of $34 billion last year for Citigroup and Merrill Lynch, respectively. But they won’t stay unemployed for long. Kim has launched a hedge fund, and Maheras is being aggressively courted by Bear Stearns.
The New York Times
Big toll increases are looming for some of the nation’s busiest roads. Starting in 2010, New Jersey plans to raise tolls on two major highways by 50 percent every four years. The cost of driving the length of the Indiana Toll Road will rise in April to $8 from $4.65.
USA Today
Out of $97 billion in gift cards purchased last year, nearly $8 billion worth have gone unused, said researcher TowerGroup.
BusinessWeek
For every 1 million Americans there are now 65 video stores, 17 movie theaters, and one drive-in theater.
USA Today
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