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Staff Photo by Dan Henry / The Chattanooga Times Free Press- 4/13/17. The all new 2018 Volkswagen Atlas R Line with 2-liter turbo SUV is on display at the Chattanooga VW manufacturing plant during a media preview on Thursday, April 13, 2017.

VW Atlas makes Cars.com honor roll

The Chattanooga-made Volkswagen Atlas SUV has been named to Cars.com's "car seat check honor roll."

The midsize Atlas joins the compact VW Tiguan SUV on the list that recognizes vehicles tested during the past year that have ample room for at least two car seats and have latch anchors that make car-seat installation easier.

Only 10 vehicles out of 65 2017 and 2018 models tested earned the top grade of "A" in all the categories. Volkswagen was the only brand to have two vehicles named to the honor roll, according to the company.

"Volkswagen grew its family this year to include two new SUVs designed specifically for American families," said Derrick Hatami, executive vice president of sales and marketing for Volkswagen of America.

 

UPS to hire 95,000 for holiday season

It's still summer, but UPS is gearing up for holiday deliveries.

United Parcel Service Co. said Wednesday it plans to hire about 95,000 workers to handle the surge in packages from late November through January. That's about the same number as the last two years.

The company said the full- and part-time jobs are mostly for package handlers, drivers and helpers for the drivers.

Applicants are required to apply online at UPSjobs.com. The company said it will recruit on college campuses during football games.

UPS said over the last three years, about 35 percent of people hired for seasonal jobs took permanent positions when the holidays were over.

 

Watchdog accused of lax enforcement

The Consumer Financial Protection Bureau could have fined Wells Fargo in excess of $10 billion for its illegal sales practices but instead settled for $100 million, according to the agency's internal documents released by congressional Republicans this week.

The CFPB also had evidence that the bank's sales problems went back to at least 2006 — far earlier than the 2011 to 2016 timetable that Wells Fargo originally admitted to, the documents show.

"The bank knew since at least 2006 that its employees were gaming its incentive compensation program, yet failed to take actions sufficient to stop it," CFPB employees wrote in a 2016 confidential memo.

The documents were released as part of a report issued by the staff of House Financial Services Committee Chairman Rep. Jeb Hensarling of Texas, a critic of the CFPB who along with other House Republicans has called for the firing of CFPB Director Richard Cordray, an appointee of President Barack Obama, as well as new laws to curtail the agency's authority over the financial services industry.

It would take months for Wells Fargo to admit publicly that its sales practices problems, in which employees trying to reach unrealistic sales goals opened accounts without customers' permission, dated earlier than 2011.

 

Airfares rise from higher bag fees

A government watchdog said travelers who check at least one bag are paying more overall to fly than they did before airlines began unbundling fares in 2008.

The report also said the proliferation of new fees for services means flyers aren't always able to determine the full cost of their travel and compare prices across airlines before buying tickets. The lawmaker who requested the report said passengers are soon going to have to show up with "a bag full of money" in order to board a plane.

Privatizing air controllers faces Congressional foes

Prospects for congressional approval of a plan to remove air traffic control operations from the government and put industry in charge appear slim.

President Donald Trump has made the proposal a key part of his agenda to boost the nation's infrastructure through privatization. Trump put the plan in his budget proposal, and then formally embraced the concept at a White House "infrastructure week" event in June.

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