Spend Matters Afternoon Coffee

Small planes, high operating costs.
Small Airports Struggle to Get Off Ground -- At MidAmerica Airport here in southern Illinois, birds fly inside the sleek white metal and glass atrium of the deserted passenger terminal. Airline check-in desks, rental-car counters and luggage carousels sit unused. The parking lot is sprouting weeds, and St. Clair County taxpayers have to cover more than $1 million a year in operating losses. To cut red ink, airport officials have leased some land to farmers and are trying to turn the airport into a cargo hub for Chinese shippers. But that strategy faces major problems, including competition from the bigger airport in nearby St. Louis, which has similar plans.

Under pressure.
S.&P. Downgrade Is Seen as Adding Urgency to Debt-Cutting Panel -- The downgrade of the United States government's credit rating by Standard & Poor's is almost sure to increase pressure on a new Congressional "supercommittee" to mute ideological disagreements and recommend a package of deficit-reduction measures far exceeding its original goal of at least $1.5 trillion, lawmakers said Sunday.

And so they can spam you. Genius.
Shopper Receipts Join Paperless Age -- At an Old Navy store in Manhattan the other day, Fabienne Michel made a routine purchase of khaki shorts. But she left the store without something equally routine: her receipt. The sales clerk had sent it to Ms. Michel by e-mail. "It's easier," said Ms. Michel, a 30-year-old nurse. "You can reprint it, save it, make folders in your e-mail."

Boosting production, cutting exports.
Nissan Aims to Cut Exports as Yen Strengthens -- As the possibility increases for the yen to strengthen further after the downgrade of the U.S.'s credit rating, a Nissan Motor Co. executive said Sunday the Japanese auto maker aims to reduce exports from Japan to soften the negative impact from the stubbornly strong currency. Nissan is looking to boost production for the domestic market to maintain the company's pledged volume of one million vehicles a year, said Hiroto Saikawa, a Nissan executive vice president.

- Sheena Moore

Share on Procurious

Discuss this:

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.