SEC commissioner isnt exactly pleased with settlement over Elon Musk tweets

first_img Car Industry 50 Photos Review • Tesla Model 3 Review: Performance trim Tags Elon Musk Preview • 2018 Tesla Model 3 Performance: The future, quicker Enlarge ImageElon Musk appeared pretty happy after leaving federal court in April, even though he’s still subject to oversight on some potential tweet material. Spencer Platt/Getty Images Elon Musk and the US Securities and Exchange Commission may have finally quashed their beef, with Musk avoiding a contempt charge, but that doesn’t mean every SEC commissioner is on board with the final deal.Musk and the SEC reached an agreement Friday over what public statements require legal oversight before posting. Yet, a statement from SEC commissioner Robert Jackson shows that there is some dissent within the group’s ranks.”Given Mr. Musk’s conduct, I cannot support a settlement in which he does not admit what is crystal clear to anyone who has followed this bizarre series of events: Mr. Musk breached the agreement he made last year with the Commission — and with American investors,” Jackson said Tuesday in a statement.The settlement, which was publicized shortly after both parties asked a federal judge for an extension in negotiations, added clearer and more enforceable language regarding what Musk can and can’t tweet without requiring the green light from a securities lawyer. The agreement, which can be read in full below, forbids Musk from oversight-free public comments (read: tweets) about production or delivery numbers, comments on the company’s financial health, new lines of business unrelated to current lines of business and more. Musk first ended up in hot water with the SEC after his infamous “funding secured” tweet, in which he claimed Tesla had secured the dough to go private at $420 per share. That never happened, and the SEC eventually filed a lawsuit against Musk, alleging securities fraud. That happened late in 2018, but Musk again found himself in the SEC’s crosshairs in early 2019, after the SEC alleged a couple tweets about production numbers were enough for a contempt charge. Last week’s settlement means Musk has avoided the charge, but that doesn’t mean the SEC won’t keep a watchful eye on his Twitter account for a long time to come. 2020 BMW M340i review: A dash of M makes everything better Post a comment 2020 Kia Telluride review: Kia’s new SUV has big style and bigger value Tesla Model 3 barrels through the snow in Track Mode More From Roadshow 2020 Hyundai Palisade review: Posh enough to make Genesis jealous 0 Tesla Share your voice More about 2018 Tesla Model 3 Performancelast_img read more

Modi govt mulls extra cess on petrol and diesel vehicles in a

first_imgBuyers of petrol and diesel vehicles may have to pay an extra green cess as the government is planning to tweak its electric and hybrid vehicles promotion strategy.The government plans to revamp the Fame-India (Faster Adoption and Manufacturing of Electric and Hybrid Vehicle) scheme to shift the focus away from subsidies, according to reports.The scheme under which the government has disbursed Rs 305 crore to about 2.6 lakh vehicles is set to end on March 31, 2019. The government launched it on April 1, 2015, initially for two years. It extended the scheme four times, each time by six months, after the initial period ended on March 31, 2017.The scheme has so far helped save 3.75-crore litres of fuel preventing the release of 9.37-crore kg of greenhouse gas carbon dioxide.Though the government earlier indicated it would launch Fame-2 once the current period of extension end on March 31, 2019, it is yet to release the details. Instead, it has been pushing the production of lithium-ion batteries that are necessary for electric vehicles.The new approach will be to use the funds raised from the green cess to provide infrastructural incentives to producers of electric and hybrid vehicles, news reports say. The calculation is that increasing cost of owning petroleum-fuelled vehicles will encourage prospective owners to look at electric and hybrid options.This will help the authorities reduce the direct subsidy on electric and hybrid vehicles, including two and three-wheelers, under the Fame scheme.”Instead of increasing the finance department’s burden of providing subsidies to electric vehicle buyers through a timeless scheme of incentives, the government is actively considering putting a green tax on all petrol and diesel cars,” MoneyControl website reported quoting a source.The subsidies that the government pays range from Rs 7,500 on low-power electric scooters to Rs 61 lakh on hybrid buses and nearly Rs 1 crore on fully electric buses.The sales of electric vehicles have begun to pick up only from mid-2017. Automakers have been reluctant to launch bigger cars and SUV powered by an electric motor because of the high initial cost that might deter buyers.”An additional Rs2,000 or Rs2,500 on a car or Rs300 on a two-wheeler will not put any significant burden on the buyers, but will generate a huge corpus for the government,” the source said.last_img read more

Yet another BASIC Bank forgery revealed

first_img-State-owned BASIC Bank, which earned notoreity for loan forgery involving billions of Taka in recent years, has lost Tk 760 million on the pretext of purchasing office space for the bank.This scam has been revealed by a finance ministry investigation that also found the bank’s controversial former chairman, Abdul Hye Bachchu, involved.For purchasing a building for the BASIC Bank head office, it paid Tk 760 million although the building was on a disputed plot of land, according to the investigation. Still, the bank has not been handed over a single floor of the building.Seven years ago, BASIC Bank had signed a deal with a certain Sinku Akramuzzaman for the purchase of 12 floors of a building opposite Bangladesh Bank and Sena Kalyan Sangshta for Tk 810 million. The bank paid money and construction begun accordingly.Now the finance ministry sees the deal has no legal bindings. Even the land on which the building has been constructed, is abandoned property. There is a case in court regarding the land, shows the record.According to the rules, permission must be taken from the president (presently the prime minister) for the construction of a new building for a state-owned bank or financial institution, or for the extension, renovation and maintenance of an old building for the purpose.The government issued directives twice in this regard, in 1985 and in 1998. But, as it is found, BASIC Bank did not comply with the procedure.After the meeting of the cabinet committee on purchase this Thursday, finance minister Abul Mal Abdul Muhith was asked about this scam which took place during the tenure of Abdul Hye Bachchu.The finance minister said to Prothom Alo that all his (Abdul Hye Bachchu) dealings in BASIC Bank were sheer robbery. “And it is not just one incident,” he added.Secretary of the financial institutions division of the finance ministry Mohammed Yunus Rahman, while talking to Prothom Alo before Eid, also said, “We’re extremely concerned about this. It is unfortunate that the contract isn’t registered. I blame the authorities of the bank at that time for such a large sum of money going out of the bank.”This beginning of this underhand deal transpired three months after Abdul Hye Bachchu joined BASIC Bank as its chairman in September 2009. In the minutes signed by him of the 261st board meeting of the bank held on 13 December 2009, it was stated that he had expressed surprise at the meeting that the bank did not have its own building after 20 years. A decision was adopted at the meeting for the bank to have its own building.On 1 April 2010, BASIC Bank signed a contract with Sinku Akramuzzaman to purchase space of 51,500 square feet in Motijheel of the capital city Dhaka. This tripartite deal stated that BASIC Bank would give Tk 810 million to Akramuzzaman and he would construct a 15-storey building, of which 12 floors would be given to BASEC Bank. The building would be named Zaman BASIC Bank Tower.The finance ministry now finds that Akramuzzaman himself was two of the three parties involved in the deal. His company, Business Resources Limited, was constructing the building.Recent communication between BASIC Bank and the financial institutions division revealed that the bank paid Akramuzzaman Tk 400 million on the very day that the deal was signed. Then, in instalments, the bank paid him another Tk 360 million. In 2013 a structure of the building was somehow completed.Despite having paid Tk 760 million, not a single floor has been handed over to the bank as yet. As for Akramuzzaman, he has fled abroad.Akramuzzaman has purchased a home in Malaysia and has settled there with his family, according to persons in the bank who have knowledge of the matter. It was not possible to get him over the cell phone. He has not replied to repeated emails either.It was at the behest of Abdul Hye Bachchu that half the payment was handed over on the day that the deal was signed.Foul play is suspected here too.At the time, none of the board members spoke up. The bank’s managing director (MD) at the time, AKM Sajedur Rahman, was kept behind the scenes of the matter.In the meantime, in a spate of unprecedented irregularities between April 2012 and March 2013, the board under Abdul Hye Bachchu pilfered over Tk 34.93 billion through loans to various persons.Bangladesh Bank had investigated the matter and observed that it would not be possible to recover these loans. And indeed, the loans are yet to be recovered.The BASIC Bank officials point out that there are further complications pertaining to the building. For example, they say, Akramuzzaman constructed seven more floors on the building and has been pressuring the bank to purchase those too. He estimated the cost to be Tk 1.62 billion with the seven new floors and demanded an advance of another Tk 810 million. The bank did not agree.The financial institutions division on 7 August this year issued a letter to the present chairman of BASIC Bank, Khandakar Mohammed Iqbal, asking for a detailed explanation about the purchase of the building without government approval.The government in July 2012 dissolved the BASIC Bank’s board of directors due to rampant corruption and irregularities which had swamped the bank.But Abdul Hye Bachchu took the liberty to submit his resignation to the finance minister a day before the term of the board expired. The government then revamped the board and appointed the bank’s previous MD Alauddin A Majid as the chairman.The financial institutions division also wanted to know why there had been such a long delay in revealing the matter of this large financial involvement despite the board being in place for three years now. The division was not satisfied with the explanation submitted by the MD on 21 August.In his explanation, MD Khandakar Mohammed Iqbal said that the land was abandoned property since 1989. There was a case as to whether the government or Akramuzzaman was the proprietor of the land. Last year the verdict was passed in Akramuzzaman’s favour, but the problem remained unresolved due to his stubborn attitude.BASIC Bank chairman Alauddin A Majid told Prothom Alo this was just one incident in many. The present board is having to bear the brunt of this incident which took place seven years ago.During a recent visit to the site in Motijheel, this correspondent saw the structure of a 22-storey building, with a signboard, ‘Zaman BASIC Bank Tower Bhaban’.Along with Abdul Hye Bachchu, on the bank board at that time were the present vice chairman of the Export Development Bureau (EDP) and joint secretary at the time Bijoy Bhattacharya, former DG of the prime minister’s office Nilufar Ahmed, chairman of BSCIC chairman at the time Siddiqur Rahman, chairman at the time of Kushtia Islamic University’s accounting and information systems department Kazi Akhter Hossain and others.Though AKM Sajedur Rahman was the bank’s MD at the time, he had gone abroad on medical treatment. The acting MD was Sheikh Manzur Morshed. Bijoy Bhattacharya then left for Switzerland due to his job and the present commerce secretary Subhashish Basu took his stead.Bijoy Bhattacharya told Prothom Alo, he had stopped attending board meetings towards the end as he was fed up. Subhashish Basu said it was not possible for the board to verify the details of the land. That was basically the responsibility of the management.Several attempts to contact Abdul Hye Bachchu over phone have failed. He did not reply to any SMS either. The supervisor at his house in Banani DOHS said he was out and does not always stay at this house.The finance minister even in parliament had held Abdul Hye Bachchu responsible for the corruption in BASIC Bank.However, the Anti-Corruption Commission has done nothing in this regard. The finance minister has not lost hope and told Prothom Alo, “I think ACC is doing something about the matter.”According to Bangladesh Bank, BASIC Bank’s default loans stand at 53 per cent (Tk 73.9 billion), higher than the default loans of any other bank in the country.*The article, originally published in Prothom Alo Bangla print edition, has been rewritten in English by Ayesha Kabirlast_img read more

Sleepless nights for Bangladesh flagmakers

first_imgThis photograph taken on 17 May 2018 shows a Bangladeshi worker sewing flags for world cup football playing nations in Narayanganj, on the outskirts of Dhaka, ahead of the 2018 football World Cup. Photo: AFPFlagmakers in Bangladesh are doing a roaring trade weeks ahead of the World Cup, but no-one is interested in the home nation’s colours-the money is all on pennants for Lionel Messi’s Argentina and Neymar’s Brazil.Textile printer Kamal Hossain owns one of scores of small, hot, sweaty workshops in the Merajnagar of capital Dhaka, working flat-out to produce flags and pennants for the local market ahead of the tournament in Russia.“For the last two months I have been working non-stop,” said Hossain.“There are days when I do not even get two hours of sleep,” added the 40-year-old, barely lifting his head from his screen-printing machine.Bangladesh is traditionally cricket territory, but every four years the country of 160 million people-whose national team is ranked 197th out of 202 in the world by FIFA-goes World Cup crazy.Flags in the colours of Argentina and Brazil take over the streets, and printers in Merajnagar are expecting to produce hundreds of thousands before the tournament starts in Moscow on 14 June.Homes have been converted into makeshift printing and sewing plants as orders pour in from across the country.“Every day we’re printing and making thousands of flags. Today we’ve already printed 11,000 Argentina pennants,” said Hossain.This photograph taken on 17 May 2018, shows Salim Hawalader, owner of a factory that produces national flags, hanging Argentine flags in Narayanganj, on the outskirts of Dhaka, ahead of the 2018 football World Cup. Photo: AFPMaradona to MessiFans across Bangladesh hold flag-waving processions to honour their favourite team. Last week, a video of supporters marching with a 200 metre-long Argentina flag in the northwestern town of Madarganj went viral on social media.The impoverished country first saw live World Cup matches in 1982.But it was the 1986 tournament, when Diego Maradona single-handedly helped Argentina win the trophy, that cemented football into the Bangladesh psyche-along with a new favourite team.“The craze for Argentina is still going strong, Maradona is gone but Messi is the new superstar,” said Faruq Mia, a flag hawker who came from neighbouring Narayanganj district to stock up.Mia bought 500 flags last week, made a big profit and so needs 500 more. He will be cheering for Argentina.Factory owner Selim Howlader expects to sell several hundred thousand flags as “World Cup fever came early in the country, months before kickoff”.“In 2014, I sold more than 80,000 flags. Most of them were sold during the World Cup or just days before kickoff. Now I am selling 2,000-2,500 big flags and 10,000 pennants a day and the World Cup is still weeks away,” said the happy 33-year-old businessman.Howlader employs 25 workers and said about 2,000 people in all are working in Merajnagar’s flag factories.Long hoursMessi and Neymar’s teams dominate by far Howlader’s order list. “Argentina and Brazil are the two most popular teams in Bangladesh,” he said.This photograph taken on 17 May 2018 shows a Bangladeshi worker using a silk-screen for printing a Brazil flag in Narayanganj, on the outskirts of Dhaka, ahead of the 2018 football World Cup. Photo: AFP“I have even got orders to make 50-foot long Argentine flags. These two teams have the most supporters in our country. Germany, Spain and Portugal are the other popular teams.”Some four million people work in Bangladesh’s 4,500 apparel factories, who provide billions of dollars worth of clothes to top retailers around the world.But experts and rights groups say that while there has been progress in improving conditions for garment workers in the country, they still often face long hours, dangerous working environments and dismally low pay.The flag boom means extra income for poor workers like Nargis Akhter, 28, and her husband Mohammad Iqbal who work in Howlader’s factory.“On an average every day we make 3,000 taka ($35),” said Iqbal. An average garment factory pays about $70 for an entire month’s work-among the world’s lowest wages for such a job.“I wish the craze for flags would go on for many more months,” said Akhter, with a smile.last_img read more

7member panel to probe DUCSU polls irregularities

first_imgFile PhotoDhaka University (DU) vice-chancellor Akhtaruzzaman has formed a seven-member probe panel to look into the allegations of irregularities in the elections to DU Central Student’s Union (DUCSU) and hall unions, reports UNB.Sajeda Banu, a supernumerary professor of the Mathematics department, has been made chief of the committee while assistant proctor of the university M Maksudur Rahman its member secretary, said a DU press release on Thursday.The other members of the investigation committee are dean of Biological Science faculty Imdadul Hoque, provosts of Sir PJ Hartog International Hall Mohiuddin, chairman of Economics department Shafique uz Zaman, syndicate member Mohammad Humayun Kabir and professor Sharmin Rumi Alim of the Nutrition and Food Science Institute.The committee has been asked to submit its report within seven working days.last_img read more

Baltimore Dont Believe the Hype

first_imgBy Sean Yoes, Baltimore AFRO Editorsyoes@afro.comI don’t remember a time quite like this in Baltimore; to paraphrase the great Chinua Achebe, everything is falling apart.As we continue to reel in the aftermath of the Uprising, which was sparked four years ago this month after the death of Freddie Gray (ruled a homicide) in police custody, the city’s physical and political infrastructures continue to crumble. Since the Uprising, we’ve had the consent decree, five police commissioners, the Gun Trace Task Force, the murder of Det. Sean Suiter and one of those police commissioners, Darryl De Sousa, headed to federal prison for tax crimes.The latest brick in the city’s towering wall of shame is a burgeoning ethics scandal seemingly drowning the mayoral reign of Catherine Pugh, who has taken an indefinite leave of absence from the mayor’s chair (currently filled by City Council President Bernard “Jack” Young).And despite the public assertions of some members of Pugh’s staff that the mayor intends to return to her post, Pugh’s path to a second term seems dubious at best; impossible is more like it. I don’t know if the mayor broke any laws (she and her supporters say she didn’t), but there are powerful people in this state who are trying to charge her criminally.Sean Yoes (Courtesy Photo)Let’s not get it twisted: Mayor Pugh got messed up in the game because Mayor Pugh got messed up in the game. But, is she the first politician in Mobtown to play?No disrespect to the memory of William Donald Schaefer. He was arguably the most effective mayor in Baltimore’s history and I’m not accusing him of criminality and I have no evidence he ever broke any laws; but, it seems implausible that Schaeffer during a protean political career as a member of the Baltimore City Council, city council president, mayor of Baltimore, governor of Maryland and Maryland comptroller never had to directly engage quid pro quo in a statewide political apparatus rife with it.We can debate the inequity of Baltimore’s political machinations (and we should) to exhaustion. But, the more pressing question for us as a city is how do we move forward?A couple of days ago I heard the editorial of Dan Joerres, president and general manager of WBAL TV, and his words actually stopped me in my tracks.“In the early 2000s billboards around town had the single word “believe” in bold white letters on a black background. Rather than a statement, today’s version would probably ask the question, “believe in what?”” said Joerres.I don’t know Joerres and as we say in West Baltimore, “I don’t mean no harm,” but for him to invoke the amorphous slogan crafted by then Baltimore Mayor Martin O’Malley, the same man who gave us the so-called zero tolerance policing policy is borderline diabolical.“Our situation may call for a real life bat signal, not calling for any one superhero, but many to rescue our town,” Joerres added. “We are calling on all young minds, fresh perspectives, with the aptitude, the desire and the moral compass to lead…new faces of fearlessness willing to develop plans to rid our streets of crime with both strength and compassion.”Then Joerres ended his soliloquy with a cute little bow.  “It’s time to believe again,” he said. Again, I don’t mean no harm but, my ears translate “it’s time to believe again,” to “let’s make Baltimore great again.”So, here’s the thing: there are hundreds of young (and older), talented, brilliant, fearless, dedicated daughters and sons of this city, who literally risk their lives everyday in an effort to “rescue our town.” I actually wrote a book partly dedicated to them and their heroics. So, what we need to do instead of looking for mysterious superheros to come and save the day, we need to uplift, invest in and support the myriad superheros already on the ground doing the grimy work of keeping this city from being torn asunder.However, I suspect there is one universal truth for all of us who love our city–we’re pretty much out of time. And saving our city demands manifestly more than the unearthing of a feckless slogan.last_img read more

12 Live Streaming Video Tips to Build Your Brand and Business

first_img I operated a photographic supply business and camera store for more than 28 years. During that time, I witnessed the dramatic evolution in imaging technology. With still imaging, I have seen all the variants of silver halide films (Kodak, Fujifilm, color negative and transparency, etc.), plus Polaroid instant photography all the way to today’s digital photography. Video technology has taken a similar route from movie film (8mm, super 8, etc.) to digital — VHS tapes, DVDs, flash memory and now solid state drives.The internet and digital imaging have brought instant gratification to the way we share our experiences. Snap a picture and share it immediately with friends or strangers, or both. The effect of that is most greatly felt with live streaming video. It allows us to share exactly what is going on in our lives and maybe more significantly, our thoughts, in real time. There’s a reason Facebook has opened this feature to its 1.8 billion monthly active users.Related: Can Live-Streaming Video Help Me?I am a believer in building a strong personal brand. I have found a strong personal brand it to be at the heart of much of my professional success. In 2013, when Google announced live video was available in Hangouts, I immediately started using that technology to build my online presence and my business’ brand. We ran live video events from my store announcing new products, having panel discussions on technology and streaming photography education. It was free, it was relatively easy, and we could speak to the entire world over the internet. We set the trend for the entire photography industry.After selling my photography business in 2015, my attention and focus shifted towards building an even stronger personal brand. That brand includes my Man-Up Project, my photography, my speaking on social media and much more. And one of the most effective techniques I have used to do this is live streaming video. Today, I am also the U.S. CEO of a professional social network with 11 million worldwide users, and we allow all of them to stream live video. See some examples of successful live streaming videos — none of them had a paid boost — that I have done recently.Building on my own personal success, I want to share with you the 12 tips that will help make your live streaming videos a big success for you and help you build your brand and business:1. Camera on you.I am a big advocate of making videos very personal. People want to connect with and relate to the person speaking. So, start off with the camera on you and then turn to your subject, if there is one besides you. It’s much easier to stop watching a video of things or places than someone speaking to you.2. Introduce yourself and location.No matter what your video is about — whether it’s business, personal or just a rant — make sure that people know who you are and where you are. You don’t know who will be watching, so the best way to start is “Hi, it’s Don Clark here at the…”Related: 5 Steps to Make Livestreaming Part of Your Content Strategy3. Takeaway right away.You only have a few seconds to catch people’s attention, so make it count. Viewers today have short attention spans and many options, so to keep them engaged, tell them quickly what they are going to get out of watching you. If they see you rambling on about nothing or don’t understand what you are talking about they will click off. “I am going to show you something you absolutely need,” or you can be direct with, “Your takeaway from this video will be…”4. Be professional.I know you know this, but video lasts a lifetime. Say to yourself, “Am I the person someone would want to connect with, hire or buy something from?” This includes dressing properly, proper posture, no swaying side-to-side, looking into the camera, speaking knowledgeably about your subject and no repeating yourself over and over again.5. Be humorous.Remember that teacher we all had that was too serious about everything? Remember anything she said? I don’t. Appropriate humor connects you with your audience, keeps them watching, builds your personal brand and can make even the most boring subject enjoyable. Gentle self-deprecating humor works well because it reduces the narcissism factor. I, for instance, will ask my viewers if my hair looks good — I’m bald.6. Be natural, but be prepared.Never read a script on camera. Nothing turns people off faster than that. But having three to five bullet points you know and can deliver naturally is what you want to do. I like to write those down in advance and repeat them to myself a few times before I turn the camera on.7. Be authentic.The number one technique in building your brand and having people attracted to you is being yourself. When you try to be something you are not or say things you don’t believe, trust me, the audience will know it. And it’s ok to make a mistake on camera. If you handle it without turning beet red or panicking, it can turn into a positive.Related: 8 Signs You’re Live-streaming for the Wrong Reasons — and How to Overcome Them8. Be fast.Long videos don’t even get clicked on. It’s quality over quantity when it comes to length of your streaming video. Sometimes you must run longer because that’s what it takes. But always try to do it in the shortest possible time. Five minutes is a sweet spot for live stream videos. The longer it goes, the more entertaining you must be to keep your audience.9. Sound quality matters most.The biggest mistake technically you can make is having poor sound quality. If someone is watching you live or is replaying your video, and they can’t hear you, they immediately click off. Make sure you test your sound before you do it. Simply record a short test video to your smartphone or camera and replay it. If it sounds good, you are ready to go live.10. Build your audience in advance.You have platform choices for live streaming like Facebook, beBee, Snapchat, Periscope and YouTube. It makes sense to use a platform that’s easier to build a network on. Even if they can’t watch live, they can see the replay.11. But no one will watch live.Your biggest viewership will come from replays of the video. So, make sure you share and market your video afterwards. Every viral video I have done has started with a handful of live viewers who were moved to share and talk about what I did. Sometimes viewership doesn’t peak until the next day.12. Be live regularly.The more you live stream, the better you will get at doing it and the more your audience will come to expect it from you. They will look forward to seeing you on camera. You will notice people you meet in person mentioning they saw you on video. It’s a pillar of building a personal brand. I find that one or two live streams a week is perfect.Live streaming video has helped me stand out in crowded businesses, be a market leader and provide a cost-effective method communicate my message to thousands. It’s helped me build a personal brand that has led me to both personal and business successes.Do you want to be the entrepreneur people remember and think of when they want to connect with, hire or buy something from? Live streaming video, done the right way, is a great way to make that happen. December 16, 2016 Opinions expressed by Entrepreneur contributors are their own. 7 min read Register Now » Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right. Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goalslast_img read more

Delta is the latest airline to raise checked bag fees

first_imgTags: Baggage, Delta Air Lines Share ATLANTA — Delta Air Lines is joining two rivals in raising fees to check a bag on a flight within the United States.Delta on Wednesday posted new fees of US$30 for checking a first bag and $40 for a second bag, increasing the previous fees by $5 each.The changes match increases recently imposed by United Airlines and JetBlue Airways. By midday, American Airlines had not increased bag fees.Southwest Airlines lets passengers check up to two bags free.Airlines have been pulling in more revenue from extra charges for several years. Last year, U.S. carriers raised $7.4 billion from fees on checked bags and ticket changes, led by American, Delta and United.Last month, both Air Canada and WestJet upped their fees for both the first checked bag (from $25 to $30) and the second checked bag (from $30 to $50). Air Canada’s fee hike kicks in on Oct. 5 while WestJet’s start Oct. 1.More news:  Beep, beep! Transat hits the streets with Cubamania truckWith files from The Associated Press Posted by Delta is the latest airline to raise checked bag feescenter_img Thursday, September 20, 2018 Travelweek Group << Previous PostNext Post >>last_img read more