Business Page for May 20, 2010
By: Kevin Flanigan
Updated: May 24, 2010
BUSINESS NEWS - Heading into the summer travel season, one airline says it's getting a business boost by giving the flying public a break. Southwest Airlines says its reservations are up because that airline still allows people to check bags for free while plenty of its rivals are charging a per bag fee. Southwest says its has brought in more than one billion dollars in additional revenue over the past year and the airline has been adding flights.
That's at the same time a number of other airlines are losing passengers and cutting operations.
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A new safety problem has Toyota about to recall thousands of luxury cars. The new recall involves four models of 2010 Lexus sedans including L-S 460 and L-S 600 models equipped with an optional variable gear ratio steering system.
While the system is designed to correct itself automatically, the movement could of the steering wheel could be an issued with some drivers.
The recall notices are expected to go out on Friday,May 21st.
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Another recall involves about 350 thousand storage trunks that have been sold at Target stores.
The Consumer Product Safety Commission says the trunks could present a strangulation hazard to small children. That's because the lids can drop suddenly and land on the neck of a toddler when they are reaching into the trunk. Consumers are urged to stop using the trunks immediately and return them to a Target store for a full refund.
That's at the same time a number of other airlines are losing passengers and cutting operations.
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A new safety problem has Toyota about to recall thousands of luxury cars. The new recall involves four models of 2010 Lexus sedans including L-S 460 and L-S 600 models equipped with an optional variable gear ratio steering system.
While the system is designed to correct itself automatically, the movement could of the steering wheel could be an issued with some drivers.
The recall notices are expected to go out on Friday,May 21st.
...........................
Another recall involves about 350 thousand storage trunks that have been sold at Target stores.
The Consumer Product Safety Commission says the trunks could present a strangulation hazard to small children. That's because the lids can drop suddenly and land on the neck of a toddler when they are reaching into the trunk. Consumers are urged to stop using the trunks immediately and return them to a Target store for a full refund.
