News and notes from around the interweb:
- Cathay Pacific may buy Hong Kong Airlines and HK Express from struggling HNA Group.
- United vows to combat anti-semitism at this point though I wonder about anyone thinking that poor treatment of customers by United stems from race, gender, religion etc rather than simply because they’re a passenger?
- Video of this woman struggling with a luggage cart at the Sydney airport has gone viral. Sadly no one stops to help her.
- Million dollar lawsuit after emotional support pit bull mauled 5 year old girl at Portland airport
- Amtrak’s CEO wants to kill America’s most storied trains and he’s probably right to do so. Trains are great for densely traveled routes, and long surpassed by air travel for ultra long haul.
- Last month I wrote about American Express sending out 1099 forms to cardmembers who referred customers in exchange for bonus points. Chase is doing the same. That seems to be the new industry consensus, that these bonus points amount to compensation for marketing their cards — distinct from the rewards you earn for spending which are considered a rebate. The New York Times has now covered this.
Remember that you can dispute the value of these points that get reported on a 1099. Some customers even won a class action settlement against Citi for failing to disclose they’d be reporting transactions to the IRS which seems odd to me. The reporting isn’t what makes you owe tax, it just tells the IRS the transaction occurred.