June 4, 1992 |
After more than a year of unprecedented admission discounts, Disneyland plans to raise prices by up to 4.5% today in a bid to capitalize on the success of its new "Fantasmic!" special effects show. The price hike had been rumored for weeks, but the move is expected to catch competitors and industry observers off-guard since it comes amid predictions that the recent civil unrest in Los Angeles would put a clamp on tourism this summer. The price of a Disneyland adult admission is now $28.
May 25, 1995 |
Reflecting an increasingly hardball approach by U.S. firms in Japan, financial information company Bloomberg filed an unfair-trade complaint Wednesday against telecommunications giant Nippon Telegraph & Telephone Corp. In documents filed with Japan's Fair Trade Commission, Bloomberg charged that a proposed 83% price hike for local digital telephone service "constitutes an unfair competitive practice" that will hurt its business--which has been rapidly expanding--and help an NTT subsidiary.
June 3, 1999 |
What do you call it when you raise ticket prices for the sixth time in six seasons, this time by a comparatively small amount? If you're Pierre Gauthier, president and general manager of the Mighty Ducks, you call it "good news for the fans." The Ducks announced their annual price hike Wednesday, with the cost of an average ticket up 3.5% to $42.56.
August 7, 1991 |
General Motors Corp. and Chrysler Corp., facing their worst sales slump in years, said Tuesday that they would raise prices of their 1992 model cars. GM, the nation's biggest auto maker, said prices for most of its 1992 model-year passenger cars will on average cost 3.1% more than comparably equipped 1991 models. Struggling Chrysler followed suit, saying it will increase 1992 domestic car prices by an average of 1.4%.
December 28, 1996 |
The capital's stylish Santa Fe mall was packed this week, its boutiques and department stores jammed with Mexicans buying Gucci, Piaget, Sony and Chanel in a last-minute Christmas shopping rush by the nation's rich. The downtown Tepito market was jammed too.
December 2, 1990 |
Surcharges--sometimes an extra fee on a tour bill, sometimes just a more expensive airline ticket--have become a noticeable part of traveling during the past few months. Technically, according to industry professionals, a surcharge is any additional flat charge that shows up unannounced on a travel bill for any specific purpose beyond the standard fare. It might be a $10 charge by an airline to cover security costs or $5 a day charged by a cruise line in port taxes.
December 17, 1999 |
More than 100,000 Medicare beneficiaries in San Bernardino, Riverside and Kern counties will pay an extra $20 a month for Medicare coverage starting next month because the federal government will not allow their health maintenance organization--Secure Horizons--to cancel a scheduled price increase. The federal government says Secure Horizons' petition to cancel planned price hikes must be reviewed because it came long after a July deadline for setting next year's rates.
April 26, 1996 |
Motorists fumed, regulators lectured and oil executives preached the free market Thursday as the price of gasoline in California continued spiraling upward to the highest levels of the '90s, with no relief in sight. As Big Oil testified in Sacramento that the sharp run-ups were due to tight supplies and high demand--backing off earlier arguments that new, cleaner-burning fuels were to blame--emotions ran so high that there were anonymous threats. Officials had to beef up security.