Costco has sold gold bars since the fall. They get more than the spot price of gold, but it’s still a good deal compared to most places you’ll purchase it.
It’s one of the more unusual things that Costco sells, perhaps, and it’s gotten a lot of attention this month because of a Wells Fargo report suggesting Costco sells $200,000,000 per month in gold bars. That’s a run rate of $2.4 billion per year in gold sales.
A roundup of the most important stories of the day. I keep you up to date on the most interesting writings I find on other sites – the latest news and tips.
Los Angeles International Airport is planning to change the numbers of its terminals and also rename its gates. Terminal 3 will be a different terminal than the current terminal 3. They’re going to call the planned future terminal 9… terminal 8. The airport isn’t confusing enough for most passengers!
A lot of European concern over the environment is virtue signaling that winds up counterproductive, or just cheap talk. At least France uses nuclear power!
Any criticisms of the aviation industry in Europe are unserious though because European aviation is more carbon intensive than U.S. aviation as a result of European government policies.
A roundup of the most important stories of the day. I keep you up to date on the most interesting writings I find on other sites – the latest news and tips.
Delta Air Lines just announced a 5% across-the-board pay increase for its non-union workforce. It’s the third year in a row of pay increases, and follows February’s $1.4 billion profit-sharing payout.
The airline is also instituting a new $19 per hour minimum starting wage. Both changes go into effect June 1, and combine for an annualized expected cost of $500 million in increased wages. Minimum starting wage employees will earn $5,000 more per year than they currently do.
You can usually hold a reservation – preserving its price, though technically not guaranteed until ticketing – for 24 hours. But customers could pay a fee to extend this to 3, 5, or 7 days. Those paid extended hold options are no longer being sold.
A bipartisan California bill would ban CLEAR in the state’s airports. Sponsors view the service, which identifies passengers through their biometrics and escorts them to the front of security queues in exchange, as anti-egalitarian.
A New York City-based family filmed the start of their vacation flight, departing Newark on United Airlines. They brought their Yorkshire Terriers alone, buying each of the two dogs a seat in business class. The dogs, Amy and Emily, are “task-trained service animals” according to their owner. Do you believe them?
American Express drops SiriusXM from eligibility for its $20 per month ‘digital entertainment credit’. I’ve been using that credit for my New York Times digital subscription and for SiriusXM. However, SiriusXM charges will only be rebated through May 7th.
Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel -- a topic he has covered since 2002.
Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »
