Content Tagged As billions

3 years 9 months ago

Flight delays cost passengers $16.7B

A government-funded study says airline flight delays cost passengers a lot more than grief - $16.7 billion more, to be precise. That's the price a study delivered Monday to the Federal Aviation Administration puts on the cost to passengers for flight delays in 2007. That was the latest year...

3 years 9 months ago

College dropouts cost taxpayers billions

Students dropping out of college after just one year are costing taxpayers billions of dollars, a new report says. States appropriated almost $6.2 billion to four-year colleges and universities between 2003 and 2008 to help pay for the education of students who did not return for year two, the...

4 years 1 week ago

Congress looks at untaxed airline fees

All those extra fees that consumers are paying to fly add up to billions of dollars for the nation's airlines and a House panel is taking a closer look. The Bureau of Transportation Statistics says airlines collected $7.8 billion last year in ancillary fees -- more than a third...

4 years 8 months ago

Slew of offshore tax evaders settle with IRS

More than 14,700 U.S. taxpayers came forward to disclose billions in offshore bank accounts in 70 countries under a voluntary Internal Revenue Service program allowing most to avoid criminal prosecution as long as they pay what they owe, IRS officials said Tuesday. A flood of people came forward in...

4 years 9 months ago

How wheels came off Toyota’s reputation

It can take years to build a reputation. Now Toyota has to wonder and worry how quickly an image can be shattered. This should have been a great year for the Japanese maker, which knocked down king-of-the-hill General Motors in late 2008 to become the world's best-selling automaker. But...

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