The government said airlines collected $3.4 billion in baggage fees last year, up 24 percent from 2009. The fees are typically $50 round trip for a first checked bag. Reservation and change fees accounted for an additional $2.3 billion, down 3 percent from 2009. Analysts say that without the fees, the industry would be losing money.
More time sought for foreclosure plans
Federal regulators are giving the nation’s largest mortgage lenders an extra month to show how they plan to address problems with their foreclosure practices. In April the government called on 16 mortgage lenders and servicers to reimburse homeowners who were incorrectly foreclosed upon. The lenders and servicers were also given 45 days hire auditors to show how many homeowners could have avoided foreclosure in 2009 and 2010. They would then be required to submit plans that show how they intend to fix their practices.
Regulators said Monday that the Justice Department asked that they give the banks and financial firms an additional 30 days to coordinate with state and federal agencies. Citibank, Bank of America, JPMorgan Chase and Wells Fargo were among the lenders cited in the report.
Legal action against health care firms
Federal regulators are taking legal action to bar a Wisconsin company from making or distributing its health care products after five recalls of disinfectant wipes and other health care products.
The Food and Drug Administration said Monday that federal officials have filed an injunction against Triad Group and H&P Industries of Hartland, Wis. Once it takes effect, the court order would prohibit the company from manufacturing until its operations have been shown to meet federal standards.
Triad and H&P are owned and managed by the same parties. Since December, H&P has initiated five voluntary product recalls due to various types of bacterial contamination found in the products, the FDA said. The company sells antibacterial wipes, cough and cold medicines, nasal sprays and other products.
Nissan Leaf production
Nissan Motor Co. said the start of U.S. production for batteries and plug-in Leaf hatchbacks may be delayed due to the March 11 earthquake in Japan. The earthquake “is putting us in a very difficult situation, but we’re not giving up yet,” Hideaki Watanabe, vice president of Nissan’s zero-emission vehicles unit, said Monday at a briefing in Farmington Hills, Mich. “Is there a potential to delay? There may be. We’re assessing right now.”
Unsafe buses on roads
Eight times since October, U.S. bus-safety regulators gave extensions allowing operators to stay on the road after finding problems serious enough to shut them down, according to Transportation Department records.
The May 31 crash of a Sky Express bus outside Richmond, Va., that killed four passengers occurred three days into a 10-day reprieve the company received from a shutdown order. Transportation Secretary Ray LaHood ordered an end to such extensions after the crash.
The Federal Motor Carrier Safety Administration earlier granted extensions to four other motorcoach operators, two that run passenger vans and one school-bus operator, spokeswoman Candice Tolliver said. All eight operators received 10-day extensions beyond the 45-day appeal period required by law.
The House Transportation and Infrastructure Committee on Monday held a hearing to explore whether the bus-safety agency had enough power to shut down unsafe operators, and whether it used the powers it had aggressively enough.
The government said airlines collected $3.4 billion in baggage fees last year, up 24 percent from 2009. The fees are typically $50 round trip for a first checked bag. Reservation and change fees accounted for an additional $2.3 billion, down 3 percent from 2009. Analysts say that without the fees, the industry would be losing money.
More time sought for foreclosure plans
Federal regulators are giving the nation’s largest mortgage lenders an extra month to show how they plan to address problems with their foreclosure practices. In April the government called on 16 mortgage lenders and servicers to reimburse homeowners who were incorrectly foreclosed upon. The lenders and servicers were also given 45 days hire auditors to show how many homeowners could have avoided foreclosure in 2009 and 2010. They would then be required to submit plans that show how they intend to fix their practices.
Regulators said Monday that the Justice Department asked that they give the banks and financial firms an additional 30 days to coordinate with state and federal agencies. Citibank, Bank of America, JPMorgan Chase and Wells Fargo were among the lenders cited in the report.
Legal action against health care firms
Federal regulators are taking legal action to bar a Wisconsin company from making or distributing its health care products after five recalls of disinfectant wipes and other health care products.
The Food and Drug Administration said Monday that federal officials have filed an injunction against Triad Group and H&P Industries of Hartland, Wis. Once it takes effect, the court order would prohibit the company from manufacturing until its operations have been shown to meet federal standards.
Triad and H&P are owned and managed by the same parties. Since December, H&P has initiated five voluntary product recalls due to various types of bacterial contamination found in the products, the FDA said. The company sells antibacterial wipes, cough and cold medicines, nasal sprays and other products.
Nissan Leaf production
Nissan Motor Co. said the start of U.S. production for batteries and plug-in Leaf hatchbacks may be delayed due to the March 11 earthquake in Japan. The earthquake “is putting us in a very difficult situation, but we’re not giving up yet,” Hideaki Watanabe, vice president of Nissan’s zero-emission vehicles unit, said Monday at a briefing in Farmington Hills, Mich. “Is there a potential to delay? There may be. We’re assessing right now.”
Unsafe buses on roads
Eight times since October, U.S. bus-safety regulators gave extensions allowing operators to stay on the road after finding problems serious enough to shut them down, according to Transportation Department records.
The May 31 crash of a Sky Express bus outside Richmond, Va., that killed four passengers occurred three days into a 10-day reprieve the company received from a shutdown order. Transportation Secretary Ray LaHood ordered an end to such extensions after the crash.
The Federal Motor Carrier Safety Administration earlier granted extensions to four other motorcoach operators, two that run passenger vans and one school-bus operator, spokeswoman Candice Tolliver said. All eight operators received 10-day extensions beyond the 45-day appeal period required by law.
The House Transportation and Infrastructure Committee on Monday held a hearing to explore whether the bus-safety agency had enough power to shut down unsafe operators, and whether it used the powers it had aggressively enough.
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