Business News: Nearly 35 million to travel Labor Day weekend

(CNN)- More Americans are planning to head out of town for the Labor Day weekend.  Triple A predicts nearly 35 million people will travel 50 miles or more from home.  That is the highest number for the holiday since 2008.  Of that number, 86 percent will hit the road traveling by car.  And nearly eight percent of travelers will fly to their destination.

(CNN)- The skies are getting a lot more friendly.  The top nine major U.S. passenger airlines more than doubled their net profit in the first half of this year.  According to industry group Airlines for America, the airlines collectively earned a net profit of 3.8 billion dollars.  That is up from 1.6 billion during the same six month period last year.  The nine airlines are: Alaska, Allegiant, American, Delta, Hawaiian, JetBlue, Southwest, Spirit and United.  The report cites lower jet fuel prices and maintenance expenses for helping the airlines contain costs.

(CNN)- Attention Walmart shoppers: iPhone prices are coming down.  Walmart cut prices for the iPhone 5s and 5c on Wednesday.  You can now get an iPhone 5c at Walmart for just 97 cents with a two year contract from Sprint, Verizon or AT&T. That is down from 29 dollars.  The 5s is now $79 with a contract, down from $99.  This offers more evidence that next-generation iPhones will indeed be released on the rumored launch date of September 9th.


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