News-Sentinel.com Your Town. Your Voice.
Local Business Search
Stock Summary
Dow16563.300
Nasdaq4379.169.39
S&P 5001931.340.67
AEP51.990
Comcast53.730
GE25.150
ITT Exelis16.840
LNC52.390
Navistar35.170
Raytheon90.770
SDI21.210
Verizon50.420

Business briefs: Tooth Fairy inflation, airline-merger trial

Saturday, August 31, 2013 - 12:01 am

Tooth Fairy inflation: Price of a tooth nears $4

NEW YORK – Days of finding a quarter under your pillow are long gone. The Tooth Fairy no longer leaves loose change.

Kids this year are getting an average of $3.70 per lost tooth, a 23 percent jump over last year's rate of $3 a tooth, according to a new survey by payment processor Visa Inc., released Friday. That's a 42 percent spike from the $2.60 per tooth that the Tooth Fairy gave in 2011.

Part of the reason for the sharp rise: Parents don't want their kids to be the ones who received the lowest amount.

Judge: March too late for airline-merger trial

WASHINGTON – A federal judge says a trial over the government's lawsuit to block the proposed merger of American Airlines and US Airways should start before March.

That could foreshadow a setback for the U.S. Justice Department, which says it needs until March to prepare for the complex case. The airlines say a long delay would threaten their merger. They are seeking a trial in November.

The Justice Department and six states sued this month to block the deal. They say it would reduce competition and lead to higher prices for travelers.