Fortune’s Sue Zesiger Callaway hops a ride on the Hawker 4000, a $21 million aircraft that boasts cutting-edge avionics. Plus: Jet etiquette.
When it comes to business jets, the holy grail has long been a reasonably priced jet with enough range to zip you across the Atlantic.
(After all, what mogul wants to refuel in Greenland en route to London?) [Read more →]
Federal Reserve says a slight rebound in auto industry makes up for plunge in other sectors.
Industrial output rose in July at a slightly better pace than expected as a further rebound in the auto industry offset a big plunge in output at the nation’s utilities. [Read more →]
The bank joins four others that have settled with New York Attorney General.
Wachovia Corp. has agreed to buy back $8.5 billion in auction-rate securities as part of a wide-ranging investigation by the New York Attorney General and other state regulators into the collapse of the market. [Read more →]
Automatic overdraft loans can look like a consumer’s best friend, but they can come at a steep cost.
Terry Read transferred $400 into his wife’s checking account on a Friday. Over the weekend, his wife used her debit card to make some small purchases, and on Monday she was slammed with a $35 overdraft fee because his cash transfer hadn’t cleared yet. [Read more →]
