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Financial News USA
May 22


TSA worker accused of swiping $22,000 in watches and NYT: A bonanza for airlines as taxes end PDF Print E-mail
A Transportation Security Administration officer has been accused of stealing $22,000 worth of watches from passengers' luggage at Los Angeles International Airport.According to the Los Angeles Times, TSA officer Paul Yashou was arrested last month after a $15,000 IWC GST watch he allegedly swiped and sold to a jewelry store was listed for sale on eBay. The owner of the pricey timepiece noticed it on the website and alerted authorities, prompting an investigation.In addition to the watch, Yashou, 38, of Torrance, Calif., also was indicted by a federal grand jury Friday for allegedly stealing a $5,000 Breitling Crosswind watch, a $1,000 Antima watch, a $1,000 Movado watch, and a $1,000 pre-paid debit card. He is scheduled to be arraigned Aug. 3."The disgraceful actions of a few should not reflect negatively on the approximately 50,000 TSA officers across the country who work each day to keep the traveling public safe. [Read the full article]

The subject comes up because of what Congress just did " or, rather, did not do " and what the airlines did in response.On Friday, Congress failed to approve the extension of a bill to keep the Federal Aviation Administration running. Among other things, that meant the agency no longer had the authority to impose the various federal taxes that airlines add to the price of each ticket.So as of 12:01 a.m. Saturday, the federal government began losing an estimated $25 million a day in tax revenue.It(TM)s Smurfs Week in NYC, and the city is hosting a bevy of blue-tinted, star-studded events tied to the July 29 release of The Smurfs.Last week, evidently in anticipation of the tax(TM)s expiring, some airlines quietly began raising fares " on average, roughly by the same amount as the federal taxes. Others did the same over the weekend, and most of the rest joined in on Monday. [Read the full article]

It(TM)s Smurfs Week in NYC, and the city is hosting a bevy of blue-tinted, star-studded events tied to the July 29 release of The Smurfs.Olivier Odom and Jennifer Tipton told The Knoxville News Sentinel they want the park to be more inclusive of lesbian, gay, bisexual and transgender families after Odom was asked to reverse her shirt when they visited Dollywood Splash Country next to the Pigeon Forge amusement park. The story was first reported by WBIR-TV in Knoxville.Dollywood spokesman Pete Owens said on Tuesday that Dollywood is open to all families, but their dress code policy is to ask people with clothing or tattoos that could be considered offensive to change clothes or cover up.Owens said the couple was not asked to leave and complied with the rules to reverse the shirt when asked."The park is open every day to everybody," Owens said. "We try to provide an environment for families of all shapes and sizes to enjoy themselves. [Read the full article]

It(TM)s Smurfs Week in NYC, and the city is hosting a bevy of blue-tinted, star-studded events tied to the July 29 release of The Smurfs.Angry tourists blocked a bridge for two hours Monday in the town of Aguas Calientes at the entrance to the ruins. That impeded buses that ferry visitors to the hilltop archaeological site.Juan Julio Garcia is the regional tourism director in nearby Cuzco. He says some travel agencies have failed to inform visitors that they should get tickets in advance because of the daily load limit of 2,500 people.Authorities established the limit for Peru's main tourist attraction in 2005 as a conservation measure.In January, tickets became obtainable online. The site, http://www.machupicchu.gob.pe, can be slow to access.Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. [Read the full article]
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