Pelosi also said it's "irrelevant" whether approving the USMCA trade deal would give President Donald Trump a victory ahead of the 2020 election.Politicsread more
Brent crude oil jumped the most in history in the previous session after attacks on Saudi's oil industry disrupted the kingdom's production.Marketsread more
General Motors stands to lose hundreds of millions of dollars in lost production as a United Auto Workers union strike against the automaker enters its second day, but Wall...Autosread more
Damage to the top OPEC producer's oil facilities ignited fears of supply disruption around the world and has sent crude prices soaring.Energyread more
The second-largest investor in Kraft Heinz Company discloses that it has again trimmed its stake in the food company.Marketsread more
"That leads the developed world to say to China: 'We've got to rebalance this. It's working for you. It's not working for us,'" says the billionaire Blackstone co-founder.Economyread more
Microsoft founder Bill Gates added $16 billion to his net worth this year, despite giving away over $35 billion to charity, according to Bloomberg.Wealthread more
According to a new report, consumers ages 14 to 24 overwhelmingly prefer physical stores for shopping, largely for mental health reasons.Retailread more
These are the stocks posting the largest moves in midday trading.Market Insiderread more
Viacom chief executive officer Bob Bakish is not worried about competition in the streaming space, on the heels of its merger with CBS.The Faber Reportread more
Consumers could pay an average 15 to 20 cents more per gallon for unleaded gas by the end of the month following the attack on Saudi oil installations.Market Insiderread more
Snagging a great airfare doesn't mean you'll have a great seat on your flight.
Starting this Friday, coach passengers on United Airlines who want to avoid the back of the plane may have to pay up for it. The airline will charge a fee for so-called preferred seats on flights throughout its network. These seats don't come with extra legroom or other perks. They're standard economy seats that will be behind the Economy Plus rows, which come with more space.
United's rivals American Airlines and Delta Air Lines already have a surcharge in place for such seats. The trend is part of airline's efforts to segment their coach-class cabins, an effort to get travelers to pay up for perks that used to be included in airfare. Airlines already offer travelers add-ons such as early boarding, lounge access and more legroom.
United did not say how much more travelers would have to pay for seats in these preferred locations. On competitors Delta and American, the prices vary by aircraft, route and demand. For example, a preferred seat on a Delta flight from New York to Los Angeles in early January was $80. On an American flight from New York to Paris at that time, the price of a preferred location seat ranged from $62 to $81. Prices are for each leg of the itinerary.
Seating is a key part of airlines' bare-bones basic economy product, which United and American rolled out last year, following Delta. In exchange for what is usually the lowest fare, basic economy passengers can't pick their seats ahead of time or make changes to their tickets. They also board last.
On Tuesday, United is relaunching its no-frills basic economy tickets for certain trans-Atlantic routes it offered over the summer. Unlike its domestic basic economy class, passengers on such tickets on these flights can bring a full-size carry-on bag that fits in the overhead bin but there will be a charge for a first checked bag.
These passengers can pay to pick a seat ahead of time, but the Economy Plus seats that have more legroom will not be available, even for purchase, a spokeswoman said.
Also starting Tuesday, United will start allowing travelers to apply their basic economy tickets toward elite status in the airline's MileagePlus frequent flyer program.
United's basic economy passengers will earn 50 percent of the qualifying miles and half of a qualifying segment for each flight, while the price of the ticket will be fully applied. Passengers have to earn 25,000 miles or have flown on 30 qualifying flights, along with a spend of $3,000, to reach the lowest Premier elite status, Silver, according to United's website.