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FLYING FREIGHT CLASS: The soaring cost of fuel has sent the airline industry into a tailspin, with airlines taking drastic measures to cut costs. Southwest is flying slower to conserve fuel, Lufthansa is washing planes more frequently to reduce resistance and American is charging to check your first bag. Could a new sub-economy class be next? Unthinkable or the next shoe to drop? Jane Wells looks at the airlines' desperate measures.
| THE BATTLE FOR CSX: The proxy battle continues between rail giant CSX & hedge fund TCI. David Faber sat down with key players on both sides this week -- CSX CEO Michael Ward and TCI Co-Founder Snehal Amin. CSX's shareholder meeting is just two weeks away, so this is crunch time for both sides to convince investors to vote in their favor.
| UPFRONT PROFITS: The TV network's upfront ad-selling period is coming to a close with much better results than expected. Primetime broadcast offerings brought in about $9.2 billion, up slightly from last year and a surprise considering the economic downturn and network TV's challenges. The reason? Advertisers are looking to save money by buying commercials ahead of time, locking in lower prices. Julia Boorstin explains.
| THE ELECTRIC ALTERNATIVE: With oil prices are at record highs, all options are on the table when it comes to the dialogue of energy. On Wednesday, the Brookings Institution and Google.org host a conference that will place a spotlight on plug-in electric vehicles, examining their potential, their viability, and the pros and cons of different federal policies to promote them. Hampton Pearson is live at the event.
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