hikes

Delta Air Lines expects its revenue to return to 2019 levels this quarter thanks to a surge in travel demand and higher fares that helped it cover a jump in fuel costs, the carrier said in a filing Wednesday.The Atlanta-based airline updated its forecast less than a week after announcing it would trim its schedule to try and stem flight disruptions that impacted tens of thousands of passengers last month. The airline had been more conservative about expanding its schedule compared with competitors.Still, hundreds of…

Cristi and Ben Dozier and their HGTV show, “Building Roots,” are helping shine a spotlight on Pagosa Springs. The town, located at 7,126 feet in the San Juan Mountains, is named for the Ute word “Pagosah,” which translates to “healing waters,” according to the local visitors bureau. As the name suggests, the area is home to geothermal hot springs and so much more. When they’re not working, the Doziers hang out at their coffee joint, Root House Coffee + Shop, and join their four kids in sports, such as skiing, fishing and…

Guangzhou-based Xpeng is one of several Chinese electric car companies that's started to expand overseas.Feature China | Future Publishing | Getty ImagesBEIJING — In a sign Chinese drivers are still willing to buy electric, start-up Xpeng said that demand for its cars has shaken off the impact of price hikes.From Nio to Tesla, electric car companies in China have raised prices in the last few months, citing the impact of rising commodities costs such as those for battery components.After hiking prices by a few thousand…

The average time mobile users were on hold rose again in 2021 - to two minutes and 15 seconds. But with O2 the average last year was a tedious three minutes and 59 seconds.However, Three was the quickest - typically just 16 seconds.Tesco Mobile and Virgin Mobile reduced their delays in 2021.But Sky Mobile and Three were the only mobile firms to cut the queuing to pre-pandemic levels.Ofcom's Ian Macrae said: "Some companies need to up their game in resolving problems, especially when prices are going up."It's never been…

Fast News Pharmaceutical prices have been raised for the second time in six weeks in the crisis-hit Sri Lanka. Sri Lanka has run out of foreign currency to import sorely needed essential goods. (AFP)…

American EV automaker Lucid Motors shared its Q1 numbers for 2022, today reporting nearly $58 million in revenue despite a slow uptick of deliveries. Additionally, Lucid announced substantial price increases to multiple trims of its Air sedan for any new reservations beginning June 1. While Lucid Motors has been working for over 15 years to bring luxury performance EVs to the masses, it truly stepped out into the spotlight last fall when the first deliveries of its Dream Edition Air sedan began. The company has…

The price of bitcoin climbed about 6% Wednesday after the Federal Reserve raised rates by half a point —the biggest hike in about 20 years — as expected.Bitcoin began climbing ahead of the end of the Federal Open Market Committee's meeting. The half-point hike was widely expected by many. Its surge accelerated after Fed Chair Jerome Powell ruled out the possibility of a 75-basis-point increase."A 75-basis-point increase is not something that the committee is actively considering," Powell said. "I think expectations are…

2022 Mahindra Thar. Image used for representation. (Photo: Mahindra)Mahindra says that the price revision is the result of a continuous increase in prices of key commoditiesMahindra & Mahindra Ltd, one of India’s leading automotive companies, has announced a price hike of 2.5% on its range of vehicles. This will result in an increase of Rs 10,000 to Rs 63,000 on the ex-showroom prices across the range, depending upon the model and the variant. The price hike is effective from April 14, 2022. The price revision is the…

It is becoming increasingly difficult for Indian automakers to control input costs as they are dependent on China and Japan which are facing supply chain woes, resulting in price hikes across vehicle ranges, according to a new report.Indian automakers are responding to raw material price hikes by at least 2 per cent price hike on average, according to Counterpoint Research.KIA Motors has increased prices of all its vehicles. Maruti Suzuki, India’s largest passenger vehicle (PV) maker, has also increased the average price…

In a bid to push people to its newer plans, AT&T is raising the price of some of its older Unlimited and Mobile Share plans. Single-line users will see up to a $6 a month increase, and people with family plans could have up to $12 a month added to their bills, according to Bloomberg. In a statement to The Verge, AT&T spokesperson Seth Bloom said, “we are encouraging our customers to explore our newer plans which offer many additional features, more flexibility for each line on their account and, in many cases,…