Marketplace Morning Report for Friday, December 26, 2014
Airlines are adding back small amenities, like hot towels, to help travelers forget how uncomfortable they are. But some business frequent flyers are choosing coach anyway, preferring to use their shrinking travel budgets for nicer hotel rooms. Plus: A look at if a new self-destructing phone from Blackberry can help save the company from utter annihilation. Also: Coke fizzes out at the end of 2014 with plans to cut $3 billion from its annual budget, including executive perks and about 2,000 jobs.
Airlines are adding back small amenities, like hot towels, to help travelers forget how uncomfortable they are. But some business frequent flyers are choosing coach anyway, preferring to use their shrinking travel budgets for nicer hotel rooms. Plus: A look at if a new self-destructing phone from Blackberry can help save the company from utter annihilation. Also: Coke fizzes out at the end of 2014 with plans to cut $3 billion from its annual budget, including executive perks and about 2,000 jobs.