Trump's remarks came a day before the Fed was set to announce its next decision on interest rates.Politicsread more
The U.S. and China have imposed tariffs on billions of dollars' worth of one another's goods since the start of 2018.Traderead more
More and more American firms are calling for the Trump administration to resolve its conflict with China.World Economyread more
In a tweet, Trump said that he and Xi "had a very good telephone conversation," and that "our respective teams will begin talks prior to our meeting."Politicsread more
China is reducing support for its electric carmakers a move experts and industry insiders warn could lead to consolidation and waning investor appetite. But some of the...Technologyread more
Is your CEO on the list? Glassdoor has the results.Power Playersread more
Joseph Gaspar, the chief financial officer at Elbit Systems, said M&A among firms in the sector began to pick up pace in the 1980s and looks set to continue.Paris Air Showread more
Stocks in Asia rose on Wednesday following positive developments overnight on the U.S.-China trade front.Asia Marketsread more
The U.S. Department of Defense has hit back at Russian officials who have criticized a U.S. plan to deploy more troops to the Middle East.World Politicsread more
Signs of companies moving out of Hong Kong have emerged, members of the business community told CNBC following massive protests in the city. But one analyst said Hong Kong's...China Politicsread more
Sen. Josh Hawley, a well-known tech critic, introduced legislation on Wednesday that would remove the immunity big technology companies receive for user-posted content under...Technologyread more
Surfboards, skis and bicycles can now fly for less on American Airlines.
The carrier on Tuesday said it would start treating for big sports equipment like regular checked bags. That means on domestic tickets the fee will go from $150 to $30, the cost of a first checked bag for standard coach fares within the U.S. The rule also applies to music gear, and takes effect immediately.
The changes came in response to customer feedback about the high costs of shipping what are to many travelers, essential items.
American's new rates aren't likely to dent its big annual haul from baggage fees. These charges generated $1.2 billion for the airline last year, the most among U.S. carriers. Together U.S. airlines brought in a record $4.9 billion in baggage fees in 2018, according to the Department of Transportation.
The new rules come with a bit of fine print. Items that are overweight will still be subject to additional charges of $100 to $200 for most routes and up to $450 for trans-Pacific travel. Also, not every bulky item will be exempt from the $150 oversize luggage fee. Hang gliders, scuba tanks and antlers will still be subject to oversize luggage charges.
American isn't the only airline to reduce the costs of flying with surfboards. Rival United Airlines in October brought fees to travel with surfboards to and from California in line with the price of a first checked bag: $30.