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Share. stephanie? thanks, alison. this past week saw the launch of the daily, a newspaper designed for the apple ipad. created by rupert murdoch, it sells for 14 cents an issue. the ipad s first subscription-based newspaper. the price of a movie ticket hit a record high last year. the national association of theater owners says the average just under eight bucks in 2010. and finally, airfares are also on the rise. fare compare.com says american raised up to $10 round trip tickets this past week and others followed suit. the airlines are blaming high oil prices. poppy has a look at what s coming up in business news. poppy? thanks, so much, steph. president obama will viz chamber of commerce this week, many see it as part of the president s work to build ....
Attention to what is happening between american airlines and the biggest online travel agencies. you won t find fares on expedia anymore. even the travel agents won t see the american fares as prominently as it used to be. what is going on? we have the ceo of fare compare.com and he joins us from dallas to explain more. why is american making the move right now? the dispute, the core of is it about money but it s about control. a lot of the control is around the thing that consumers hate the worst right now, which is the airline fees. since oil prices zoomed up to $145 a barrel a couple of years ago, we have had a panoply of a sushi menu of the fees out there. it s hard to package fees and discount them and put them on, you know, site. but at the core of it, it s about how much airlines pay the expedias and the orbits of the world for airline tickets. they want to pay less. you know, i think expedia and orbits think they are paying the right amount. ....
A smaller than expected u.s. crop means skyrocketing prices at the market. so anything that is a derivative of corn will likely cost you more. grain prices since this summer have surged at higher rates than at any other time in the past 40 years. and it takes grain to feed animals. that s why meat prices are at the highest level since the 1980s. coffee prices are going up. bagged coffee for dunkin donuts, green market, maxwell house, they re rising. but if you get your cup of joe from a coffee shop or corner diner, those prices haven t gone up yet. and your energy bills, they re expected to rise by about $24 on average per family. that s according to the government. and airline tickets, we talked about this a lot lately. it s getting more expensive to travel. ticket prices increasing by 10 to 15%. according to fare compare.com, you can expect higher prices at least through the end of the year. drew? what a surprise, christine. you can catch more of christine along with our own ali v ....
Nasdaq is off by 16. and finally, kyra, you re planning to fly this holiday season? you better get your flight booked real soon. airline trade group says the average price to fly a mile, it surged by 14% last month. and as ceo of fare compare.com says it will only get worse in the holidays and another estimate from usa today, the average domestic airfare for thanksgiving flights sitting at about 400 bucks up 10% from last year. experts, kyra, telling us book early. be flexible in your travel days and you may be able to save a couple bucks. kyra? yeah. easier said than done. thanks. i know. sure. redefining the early years. some scientists saying and believe that the things that make you so unique like your intelligence, your health, even your personality may actually all be shaped in the womb. it s a fascinating theory that may have you looking in the mirror just a little bit differently. ....
Lahood said airline passengers deserve to be treated fairly and the new rule requires airlines to respect the rights of customers. some experts warn the rules could have unintended consequences. with us, rick seeny, an air travel expert and c.e.o. of fare compare.com. good to see you. you too. shepard: i guess there s a concern costs might go up. well, yeah. i think the major concern at least for a lot of people is that these planes have to turn back. if they go back, they re going to cancel the flights nobody is going to pay a $3 million fine for a single flight and there would be no plane to put you on later in the afternoon or for that matter, the next day so you may be stuck. they typically happen for thunderstorms and acts of god and you won t get a hotel paid for and you may not get home for a couple days. shepard: you won t be stuck on the tarmac but may not get to ....