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☆ The best credit card for each type of purchase
▼ + stars: | 2023-03-20 | by ( Jennifer Yellin | ) edition.cnn.com time to read: +17 min

Since every credit card earns a different amount of points on your common category purchases, the bonus points earned might persuade you to get one credit card over another. Fortunately, there’s a credit card out there for every type of purchase. Let’s check out some of the best credit card to use for all of your spend categories. Best credit cards for each category purchase in 2023While the cards listed here are some of our favorites for their respective categories, they might not be the best for your needs. American Express Gold Card: Best for restaurantsThe Amex Gold card earns 4 points per dollar at restaurants in the U.S. and abroad.

☆ Biden wants to kill junk fees — here's what could change and how you can minimize fees right now
▼ + stars: | 2023-03-08 | by ( Jason Stauffer | Elizabeth Gravier | ) www.cnbc.com time to read: +9 min

But you don't have to wait for the government to take action to reduce your exposure to junk fees. Comparison shop (as well as you can) Ferreting out junk fees can be tricky and different products and services have their own red flags. The CFPB wants to limit credit card late fees and the Biden Administration is pushing for Congress to pass the Junk Fee Prevention Act, which addresses four types of junk fees. Credit card late fees The CFPB has proposed a new rule to limit credit card late fees to $8. While it doesn't come with a welcome bonus or a 0% intro APR period, it also doesn't charge any fees — including late fees.

[1/2] The Boeing logo is seen on the side of a Boeing 737 MAX at the Farnborough International Airshow, in Farnborough, Britain, July 20, 2022. REUTERS/Peter Cziborra/File PhotoMarch 8 (Reuters) - Japan Airlines Co (JAL) (9201.T) is close to placing an order for more than 20 Boeing (BA.N) 737 MAX airplanes as it renews its medium-haul fleet, industry sources said on Wednesday. The order will likely be a combination of 737 MAX 8 jets and some of Boeing's larger 737 MAX 10 planes, the report said, adding the airline was also in talks with Airbus SE (AIR.PA). A deal for JAL to buy Boeing's single-aisle MAX would be the second by one of Japan's top carriers following All Nippon Airways (ANA) (9202.T), in a national market traditionally dominated by Boeing. The future of the MAX in Japan had been uncertain after a recent safety crisis and the pandemic, which delayed ANA's decision to finalize its own order by around two years.

☆ JetBlue is going after traditional airlines serving the transatlantic market with a new route to Paris starting at $479, undercutting both Delta and American
▼ + stars: | 2023-03-08 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: +3 min

JetBlue is launching a new New York to Paris route in June, with tickets starting at $479. Two years after launching its service to London, the airline has announced tickets starting at $479 from New York to Paris, round-trip. Fares at the of June 2023, when JetBlue will start flying to Paris, currently start at $1082 across all other airlines. When JetBlue debuted its new New York-London Heathrow flights in August 2021, fares started at $202, while they currently cost around $559 roundtrip, according to Expedia. The lower Paris fares will likely follow a similar path.

The Capital One Travel portal is an online travel platform that allows customers to book flights, hotels, and rental cars. Capital One credit cards that are eligible for the travel portalYou don't necessarily need a high-priced travel rewards credit card to use the Capital One Travel portal. Capital One miles value in the Capital One Travel portalCapital One miles are worth 1 cent each in the Capital One Travel Portal. How to book flights through the Capital One Travel portalYou can book flights with both domestic and international airlines through the Capital One travel portal. How to book hotels through the Capital One travel portalBooking hotels through Capital One Travel is similar to booking flights.

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☆ China is scrambling to find pilots to fly from its growing aircraft carrier fleet
▼ + stars: | 2023-03-08 | by ( Michael Peck | ) www.businessinsider.com time to read: +5 min

China's fleet of aircraft carriers has grown quickly, expanding from one to three in a decade. To use that fleet effectively, China's navy also has to train pilots to operate carrier aircraft. "Starting in 2023, the Navy will select carrier-based aircraft pilots from fresh graduates from local ordinary colleges and universities," according to a Chinese navy brochure. Yet it takes more than ships to build an effective carrier fleet. In fact, the Chinese navy ended up copying a Russian carrier jet without permission to give its carrier program a boost.

☆ Europe is trying to move from planes to trains. Here's how that's going
▼ + stars: | 2023-03-07 | by ( Miquel Ros | ) edition.cnn.com time to read: +11 min

Aviation emissions in Europe increased an average of 5% year-on-year between 2013 and 2019, according to the EU. Not surprisingly these moves have set alarm bells ringing in the aviation industry. “For many decision-makers, banning short-haul flights and showing support to the rail industry is an easy win to gain favor with the public, especially in Europe,” Montserrat Barriga, the ERA’s director general, told CNN. “Governments continue ignoring the biggest source of aviation emissions – long-haul flights, that remain unpriced and unregulated,” says T&E’s Dardenne. Better connectivity between intercity rail and airports would also reduce the need for short-haul flights.

☆ These 3 stocks have gained every year for a decade — and are expected to keep rising
▼ + stars: | 2023-03-06 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Only three stocks are in the green this year and have had positive returns every year for the past decade, data shows. Insurance company Progressive Corp and aerospace manufacturing company TransDigm Group — both U.S. listed — along with Canadian convenience store operator Alimentation Couche-Tard are the only three stocks in the MSCI World Index to achieve this feat. The Canadian stock is also the largest holding in the only ETF that's posted gains yearly for the past decade . ATD has posted 725% in total returns and 23% CAGR over the past decade. TDG shares have risen by nearly 900% over the past decade in addition to this year, representing 25.4% in total CAGR.

Review: Is the Alaska Airlines Business Credit Card the Best Credit Card for You? Alaska Airlines discountsWhen you pay with your Alaska Airlines Business Credit Card, you'll get a $100 discount off a full Alaska Lounge+ membership. Read our review Read Our Review A looong arrow, pointing rightAlaska Airlines Business Card Fees and CostsThe Alaska Airlines Business Credit Card has an annual fee of $70 per company and $25 per card, and doesn't have foreign transaction fees, so it's a useful card to take on trips abroad. If you're not quite in that range, there are plenty of great travel rewards credit cards that you may be eligible for with good credit score, including the personal Alaska Airlines Visa® Credit Card (you can read our review of the Alaska Airlines credit card for more information). If you're a small-business owner and fly Alaska Airlines frequently, the Alaska Airlines Business Credit Card is worth it.

☆ Delta pilots wrap voting on new contract with big raises
▼ + stars: | 2023-03-01 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

Delta and the pilots' union had reached a preliminary agreement in December. The Delta pilots are expected to approve the deal Wednesday. United , American and Southwest pilots' unions are still in negotiations. Contract talks between airlines and labor unions have been fraught at times, as aviators seek higher pay and better schedules. Alaska Airlines pilots won raises in their latest labor deal last year.

☆ Delta pilots ratify new contract - union
▼ + stars: | 2023-03-01 | by ( Rajesh Kumar Singh | ) www.reuters.com time to read: +1 min

CHICAGO, March 1 (Reuters) - Pilots at Delta Air Lines (DAL.N) have ratified a new contract, widely expected to be a benchmark for contract negotiations at rival airlines, that includes over $7 billion in cumulative increases in pay and benefits over four years, their union said on Wednesday. Both American Airlines (AAL.O) and United Airlines (UAL.O) have promised an "industry-leading" contract to their pilots. It will cover 15,000 Delta pilots and come into effect on Thursday, The Air Line Pilots Association (ALPA) said. ALPA said that 78% of Delta pilots voted in favor of the contract. The new contract showcases the bargaining power pilots are enjoying as carriers rush to staff up to keep up with travel demand.

☆ Britons are shopping for holidays, says Primark
▼ + stars: | 2023-02-27 | by ( ) www.reuters.com time to read: +1 min

LONDON, Feb 27 (Reuters) - Britain may be heading for a recession but many of its citizens are heading for the sun and shopping accordingly, the finance chief of clothing retailer Primark's owner said on Monday. Earlier this month, the Bank of England forecast a recession starting in early 2023 and lasting into early 2024. However, that is not deterring Britons from spending on holidays, with several airlines and holiday operators having recently reported robust forward bookings. "People are planning or have planned their holidays for this year," he said. He also highlighted strong sales of formal wear as Britons increased the frequency of their trips to the office and a big increase in sales of beauty products.

☆ IAG agrees to buy 80% stake in Air Europa for 400 mln euros
▼ + stars: | 2023-02-23 | by ( Charlie Devereux | ) www.reuters.com time to read: +2 min

Air Europa, which will maintain its brand but will be managed by Iberia, owns 50 planes and has a further 15 on order, the company said. It said the first 200 million euros will be paid once the deal gets the go-ahead from antitrust authorities. Another 100 million euros will be paid in IAG shares while the final 100 million euros will be paid in cash. As the pandemic tipped the airline industry into crisis, hitting Air Europa particularly hard, shareholders in both companies agreed to cut the deal's price tag to 500 million euros. Negotiations had all but ground to a halt until March 2022 when IAG agreed to grant Air Europa a 100 million-euro loan convertible into a 20% stake.

CHICAGO, Feb 21 (Reuters) - United Airlines (UAL.O) launched on Tuesday a more than $100 million investment fund to support start-ups focused on the research and production of sustainable aviation fuel (SAF). The Chicago-based carrier along with inaugural partners such as Air Canada (AC.TO), Boeing (BA.N), General Electric (GE.N) JPMorgan Chase (JPM.N) and Honeywell (HON.O) have invested in the United Airlines Ventures Sustainable Flight Fund, it said. United said the fund was open to investment by companies across industries and would prioritize investment in new technology and "proven" producers. United's Chief Sustainability Officer Lauren Riley said the investment fund was aimed at scaling up the supply of SAF. However, as of last December, the total volume of SAF used in its operations remained less than 0.1% of its total aviation fuel usage.

☆ Cheaper hotels, shorter trips: Trivago CEO on how inflation is reshaping travel
▼ + stars: | 2023-02-14 | by ( Julia Horowitz | ) edition.cnn.com time to read: +3 min

But as inflation has jumped, many tourists are hunting for ways to keep costs down, from opting for shorter trips to steering clear of higher-end hotels. “You have real wage contractions in quite a lot of markets,” Axel Hefer, CEO of search platform Trivago, told CNN. Meanwhile, domestic travel remains strong in countries like the United Kingdom, which has seen big swings in the pound in recent months. “People still do want to travel and do travel, but they’re still trying to compensate for the increase in prices,” Hefer said. For now, bookings for air travel still lag pre-pandemic levels.

☆ Radioligand therapy, a 'game-changer' for cancer treatment, forces manufacturers to race against a ticking clock
▼ + stars: | 2023-02-11 | by ( Ashley Capoot | ) www.cnbc.com time to read: +12 min

Ash from the eruption disrupted flights across Europe — including a time-sensitive shipment of experimental radioligand therapy that Sartor was expecting from Norway. Radioligand therapy, also called radionuclide or radiopharmaceutical therapy, is a targeted form of cancer treatment that delivers radiation directly to cancer cells. Once the radioactivity decays, it can no longer kill the cancer cells as effectively, which means radioligand therapy has a limited window of viability. Expensive to produce and ship fastNuclear medicine has been used to treat cancer for decades, and radioligand therapy itself is not new. In 2008, he traveled to a medical conference in Toronto where he heard about radioligand therapy for the first time.

☆ The pilot shortage is slowly easing — but isn't going away anytime soon. Autonomous planes could fill the gap.
▼ + stars: | 2023-02-10 | by ( Bianca Giacobone | ) www.businessinsider.com time to read: +3 min

The pilot shortage is estimated at 18,000 commercial aviation pilots in 2023, and 17,000 in 2030. An autonomous urban mobility flight is estimated to cost half of a piloted urban mobility flight. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. Previous estimates had put the shortage closer to 65,000 — before updates put the number at around 17,000 earlier this year. According to the report, the total cost per passenger-seat-kilometer of an autonomous urban mobility flight is half the cost of a piloted urban mobility flight, making a case for developing pilot-less technologies.

Read our review Read Our Review A looong arrow, pointing rightThe Marriott Bonvoy Bold® Credit Card comes with an increased limited-time welcome bonus and good perks for a no-annual-fee card, but unless paying an annual fee is a dealbreaker for you, other Marriott cards — like the Marriott Bonvoy Boundless® Credit Card, Marriott Bonvoy Brilliant® American Express® Card, or Marriott Bonvoy Business® American Express® Card — are a better deal. Review: Is the Marriott Bonvoy Bold Credit Card the Best Credit Card for You? How to Earn Points With the Marriott Bonvoy Bold Credit CardThe Marriott Bonvoy Bold® Credit Card doesn't have as generous an earning structure as other Marriott credit cards, but you'll still have the opportunity to earn bonus points when you travel. Generally, the Marriott Bonvoy Bold® Credit Card requires a good to excellent credit score to be eligible, which means a FICO score of at least 670.Who is eligible for the Marriott Bonvoy Bold? You're also not eligible if you already have a Marriott Bonvoy Bold® Credit Card, Marriott Bonvoy Boundless® Credit Card, or Marriott Bonvoy® Premier credit card (not available to new applicants) open, or earned the welcome bonus from one in the past 24 months.

That number includes both rocket launches and capsule reentries, and has been steadily climbing. A Falcon Heavy rocket launches the USSF-67 mission on January 15, 2023 from NASA's Kennedy Space Center in Florida. "Air space is going to be a critical, critical issue," Isom said, calling on new industries to contribute to the cost of air traffic control. A graph of FAA-licensed or permitted commercial space launches (excludes launches licensed by other U.S. government agencies, such as NASA or the Department of Defense). Together they create a moving target for space launches and the commercial airlines eyeing the same air space.

However, Boiardi said an earlier proposal from the industry for totally single-pilot flying by 2030 was "absolutely not realistic", because automation had not advanced far enough and solo flying required a level of safety equivalent to existing operations. Solo flying, even in cruise, needs approval from the United Nations' International Civil Aviation Organization, individual airlines and their pilot unions. Even limited solo flying, however, is dividing airlines and raising public fears, while sparking a growing backlash among pilot groups like the European Cockpit Association. Airbus said in a statement it was studying the concept of a single pilot in the cruise phase but not wholly single-pilot flights. Consumer resistance, however, could result in single-pilot flying starting with cargo flights, industry officials said.

☆ Airbus and Qatar Airways settle bitter A350 jet row
▼ + stars: | 2023-02-02 | by ( Tim Hepher | ) www.reuters.com time to read: +4 min

The "amicable and mutually agreeable settlement" ends a $2 billion row over surface damage on the long-haul jets. The spat led to the withdrawal of billions of dollars' worth of jet deals by Airbus and prompted Qatar to increase purchases from Boeing. The deal heads off what amounted to an unprecedented public divorce trial between heavyweights in the normally tight-knit and secretive $150 billion jet industry. Airbus' decision to revoke that order, separate from the disputed A350 contract, had been criticised by global airlines group IATA. Airbus said it had done its best to avoid pushing Qatar too far back in the queue.

☆ Factbox: Who is Ukrainian billionaire Ihor Kolomoiskiy?
▼ + stars: | 2023-02-01 | by ( ) www.reuters.com time to read: +3 min

[1/2] Ukrainian business tycoon Ihor Kolomoiskiy speaks with journalists on the sidelines of the Yalta European Strategy (YES) annual meeting in Kyiv, Ukraine September 13, 2019. REUTERS/Valentyn OgirenkoKYIV, Feb 1 (Reuters) - Ukrainian law enforcement and security officials searched the home of billionaire businessman Ihor Kolomoiskiy on Wednesday. EARLY LIFEKolomoiskiy was born in the central Ukrainian city of Dnipropetrovsk, which was then part of the Soviet Union and is now known as Dnipro. SANCTIONSThe United States imposed travel sanctions on Kolomoiskiy in 2021 "due to his involvement in significant corruption", partly while serving as governor of Dnipropetrovsk. U.S. authorities have also alleged that Kolomoiskiy and a business partner laundered stolen funds through the United States.

☆ Ryanair is making record profits as booming demand sends airfares soaring
▼ + stars: | 2023-01-30 | by ( Hanna Ziady | ) edition.cnn.com time to read: +3 min

The low-cost European carrier told customers in an earnings statement on Monday to “book early” before cheaper tickets sell out. It reported record profit for the three months to December 31, increasing airfares by 14% compared to their pre-pandemic level. Passenger numbers for the quarter through December climbed to a record 38.4 million. Fares for the quarter were higher than in 2019 “because of a very strong Christmas and New Year period,” according to O’Leary. It expects that number to grow to 185 million passengers over the 12 months to March 2024.

☆ Goldman Sachs, JPMorgan, Wells Fargo are among Wall Street giants named as possible FTX creditors
▼ + stars: | 2023-01-27 | by ( Zinya Salfiti | ) www.businessinsider.com time to read: +3 min

The 116-page document connects some of the biggest names on Wall Street to FTX's bankruptcy case. The list doesn't disclose the size or kind of debts the collapsed crypto firm might owe the banks, Bloomberg reported. Other elite financial institutions on the list were Deutsche Bank, HSBC Bank and MUFG Bank. "Goldman Sachs has not filed a claim against the debtors," a spokesperson for the bank told Bloomberg. But the total number of creditors FTX is seen to have tops over a million.

☆ Southwest posts $220 million loss last quarter after holiday meltdown
▼ + stars: | 2023-01-26 | by ( Leslie Josephs | ) www.nbcnews.com time to read: +2 min

Southwest Airlines reported a $220 million loss for the fourth quarter after the carrier’s holiday meltdown drove up expenses and cost it millions in revenue during what was expected to be the busiest travel period since the pandemic began. It forecast a first-quarter loss, citing current “revenue and cost trends,” while analysts have been anticipating a per-share profit of 19 cents for the current quarter, based on estimates compiled by Refinitiv. Southwest earlier this month said it canceled around 16,700 flights between Dec. 21 through Dec. 31 after severe winter weather swept through the U.S. The airline on Thursday said the mass cancellations hit its pretax results by $800 million, in line with its estimate earlier this month of a hit between $725 million and $825 million. Here’s how Southwest performed in the fourth quarter, compared with Wall Street expectations according to Refinitiv consensus estimates:Adjusted loss per share: 38 cents vs an expected loss of 12 cents.

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