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Price Hike

BUSINESS
May 25, 1995 | DAVID HOLLEY, TIMES STAFF WRITER
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.
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SPORTS
June 3, 1999 | BILL SHAIKIN, TIMES STAFF WRITER
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.
BUSINESS
August 7, 1991 | From Reuters
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%.
NEWS
December 28, 1996 | MARK FINEMAN, TIMES STAFF WRITER
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.
TRAVEL
December 2, 1990 | JACK ADLER
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.
NEWS
December 17, 1999 | ROBERT A. ROSENBLATT, TIMES STAFF WRITER
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.
NEWS
April 26, 1996 | PATRICK LEE, TIMES STAFF WRITER
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.
CALIFORNIA | LOCAL
May 20, 2012 | By Hugo Martín, Los Angeles Times
If you're thinking of visiting a Disney park in Anaheim this summer, be warned that the price is about to jump by between $7 and $150 depending on the ticket deal. The annual summer price hike for tickets to Disneyland and the Disney California Adventure Park were announced Friday and take effect Sunday. For example, a ticket for one day at either Disneyland or California Adventure had cost $80 for parkgoers who are 10 or older. The new price, starting Sunday, will be $87, up nearly 9%. The biggest increase will hit people who buy the premium annual pass that includes parking.
OPINION
March 30, 2011 | By David Gratzer
Assemblyman William Monning (D-Carmel), the Health Committee chairman, introduced a bill in February to tax soda in California. Monning joins a growing list favoring such a tax. Count in President Obama, New York Mayor Michael Bloomberg, bestselling author Michael Pollan and many from the public health community. The tax aims to better Americans' health with financial disincentives for sugary soda while providing needed revenue for government treasuries. But a quick consideration of the price and success of one sandwich — McDonald's Big Mac — shows the impracticality of the soda tax. The Big Mac is the leading symbol of fast food.
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