Insiders expose little-known facts the industry would rather you didn’t think about. “Airport luggage scales often lie.” It’s bad enough that the airlines charge a fee for overweight luggage, varying from $39 to $300 per bag industrywide. But it’s galling that they may also hit you with the fee by mistake. At JFK last November, [...]
General Motors has just announced a deal that will see it’s European Opel brand sold off to Canadian autoparts supplier Magna International. The deal has yet to be finalized, but this morning GM announced Magna was the preferred bidder. The sale will see Magna and Russian backer Sberbank take a 55 percent stake in both [...]