Content Tagged As billions
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Flight delays cost passengers $16.7B
October 19, 2010 8:58 AM
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... more » -
College dropouts cost taxpayers billions
October 11, 2010 8:31 AM
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... more » -
BP puts Gulf oil spill cost at nearly $4 billion
July 19, 2010 8:07 AM
Oil company BP says that the cost of dealing with the Gulf of Mexico spill has now reached nearly $4 billion. The company, which last week managed to place a temporary cap on the leak, said Monday it has made payments totaling $207 million to settle individual claims for... more » -
Congress looks at untaxed airline fees
July 14, 2010 8:35 AM
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... more » -
Slew of offshore tax evaders settle with IRS
November 17, 2009 10:52 AM
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... more » -
Trustee says $530 million paid to Madoff victims
October 28, 2009 2:28 PM
The trustee overseeing the liquidation of Bernard Madoff's assets says more $530 million has been paid so far to victims of the disgraced financier's massive fraud. Trustee Irving Picard said in a briefing on Wednesday that he had identified $21.2 billion in losses in about 2,300 customer accounts. The money... more » -
How wheels came off Toyota’s reputation
October 7, 2009 10:59 AM
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... more »
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