Democrats such as Elizabeth Warren had their eye on business and the working class during the first 2020 presidential primary debate in Miami.2020 Electionsread more
The issue over health insurance marked the first stark divide among the candidates, and sparked a heated back-and-forth between many of the candidates on stage.Politicsread more
Huawei's legal chief told CNBC that the company makes "solutions for civil use."Technologyread more
Four candidates mentioned China — but none of the Democratic contenders brought up trade in the debate.Politicsread more
In a strategy to draw attention away from Wednesday's Democratic debate, President Donald Trump's reelection campaign bought out YouTube's "masthead," the leading...2020 Electionsread more
The Federal Aviation Administration said on Wednesday that is has found an issue with the Boeing 737 Max that the manufacturer must address before it lifts the grounding...Airlinesread more
The collapse of the deal potentially ended Sinclair's hopes of building a national conservative-leaning TV powerhouse that might have rivaled Fox News.Mediaread more
Virginia Sen. Mark Warner breaks down the idea behind a bipartisan bill he introduced to provide more transparency in Big Tech.Technologyread more
Tesla is working on new battery cell designs, and a way to make their own cells, with R&D teams in a lab near its car plant in Fremont, California.Technologyread more
These attacks have given the public the opportunity to examine the problems associated with ransomware, where corporations -- not obligated to disclose these attacks -- have...Technologyread more
Wi-Fi 6 will be the next-generation wireless standard. Along with 5G, it will represent the next big shift in connectivity and data, said Irving Tan, senior vice president and...Shaping the futureread more
Big U.S. airlines measure the success of their cheapest, most restrictive fares by how many passengers pay up to avoid them.
American Airlines next month is easing a key restriction of these so-called basic economy tickets — a ban on carry-on bags in the overhead bin — for travelers using its cheapest domestic tickets. The change, set for Sept. 5, makes these tickets look more like rival Delta Air Lines' basic economy product.
"There are other features of that product that we think will continue to provide us sell-up rates," Kurt Stache, American's senior vice president of marketing, loyalty and sales, told reporters at the Boyd Group International Aviation Forecast Summit in Denver. "We think it will be in the 50 percent range."
Passengers on these tickets still won't be able to select a seat in advance, make any changes to their tickets or upgrade. They also board last.
The price difference ranges, depending on the route. A flight search for mid-September between Miami and New York's LaGuardia Airport showed basic economy at $2 cheaper than regular economy while the fare difference was $50 between Charlotte, North Carolina, and Los Angeles for the same dates.
American's upsell rate had been about 60 percent, but Stache said the airline didn't want to offer the product at all in many markets because it wasn't competitive against basic economy tickets that did offer a full-size carry-on and a personal item. American will likely expand basic economy tickets to more routes, Stache said.
United Airlines, which like American, launched basic economy on domestic flights last year, only allows those passengers a personal item that fits under the seat in front of them.
United's president, Scott Kirby, declined to say whether the airline is considering removing the carry-on bag restriction for its domestic basic economy product.