All posts by James Cannon

About James Cannon

James Cannon is an experienced hedge fund analyst. He has served on the advisory boards for various different Fortune 500 companies as well as serving as an adjunct professor of finance. James Cannon has written for a variety of Financial Magazines both on and off line. Contact James at james[at]

Increased Airport Baggage Fees

Airlines, including United Airlines, American Airlines, and JetBlue Airways, have increased the cost of checking baggage. A new tiered pricing system charges passengers more if they choose to check their bags at the airport rather than paying online in advance. The airlines hope that this change will streamline the check-in processes, helping travelers to arrive at their gates more quickly.

American Airlines, which hadn’t raised its checked bag fees in over five years, now charges $35 for the first checked bag if paid for online ahead of time, and $40 at the airport. The airlines justify these increases by highlighting the operational efficiencies and improved customer service resulting from pre-paid baggage fees.

Customers who have specific rewards credit cards or elite frequent flyer status are exempt from these fees for at least one checked bag.

Airlines attribute the need for these fee hikes to rising labor and fuel costs. Southwest Airlines remains an exception, continuing to allow two free checked bags, emphasizing customer satisfaction and operational efficiency as core to its business model.

A Breakthrough Drug for Allergic Reactions

The FDA has recently announced a new drug that could change the lives of people with common food allergies. Xolair is a revolutionary drug designed to diminish the severity of allergic reactions to foods such as milk, eggs, walnuts, and peanuts. The first drug of its kind, Xolair is not an emergency cure for someone who has been exposed to an allergen, rather it is a preventive drug, administered every few weeks to progressively lower the risk of allergic reactions.

According to Kelly Stone of the FDA Center for Drug Evaluation and Research, “While it will not eliminate food allergies or allow patients to consume food allergens freely, its repeated use will help reduce the health impact if accidental exposure occurs”.

Developed by Genentech and Novartis, Xolair’s introduction represents an exciting breakthrough in the world of allergies. While currently being offered at the high price of $2,900 and $5,000 a month for pediatric and adult patients respectively, insurance coverage may alleviate the cost burden.

Xolair showed significant promise in trials, significantly reducing allergic reactions to peanuts, eggs, milk, and cashews. Its approval is a testament to the strides being made in allergy management.

College Athletes Seek to Unionize

In an unprecedented move within college sports, Dartmouth College’s men’s basketball team is attempting to unionize. A decision by a regional National Labor Relations Board (NLRB) official has paved the way for the team’s 15 players to hold a union election on March 5. This could position them as the first unionized college sports team in the United States.

Forward Cade Haskins came up with the idea of unionizing. He works in the campus dining hall, and benefitted from the union drive that successfully negotiated better wages and conditions for student workers. This led Haskins to contemplate the potential benefits of unionization for his team.

Dartmouth players commit over 30 hours a week to their sport, through practices, game travel, and workout sessions. Yet, despite the significant time and physical toll, they receive no financial compensation or additional support for sports-related injuries. If student-0athletes were part of a union, they would receive enhanced health benefits and support.

This initiative has faced several challenges. Dartmouth College contests the players’ employee status, emphasizing the academic priority of its students. However, the NLRB’s ruling in favor of the players highlights that the significant control the college has over the athletes’ commitments aligns more with the characteristics of an employer-employee relationship.

The idea of unionization in college sports has wide implications. Recognizing athletes as employees would require substantial changes, including minimum wage rights and unemployment benefits. As the Dartmouth basketball team approaches its union election, the outcome could set a precedent for college athletes nationwide.

Strategic Sports Growth invests in the PGA Tour

The PGA Tour announced a $3 billion investment from Strategic Sports Group. The launch of PGA Tour Enterprises makes players equity owners, allowing them to share over $1.5 billion. The collaboration comes on the heels of an agreement with LIV Golf’s Saudi backers.

PGA Tour Commissioner Jay Monahan emphasized the partnership’s potential to amplify the sport’s appeal for players, fans, and partners. SSG’s investment aims to enhance the PGA Tour’s global stature and revenue, offering players grants based on achievements.

This initiative, unanimously supported by the PGA Tour board, including Tiger Woods and Jordan Spieth, signifies a strategic shift towards player investment in the tour’s success. It promises an enriched future, with ongoing negotiations with the Saudi Public Investment Fund potentially expanding the venture’s scope.

The move towards equity ownership represents a bold step in unifying the sport, overcoming previous rivalries, and setting a course for a collaborative and prosperous future in professional golf. This partnership not only strengthens the PGA Tour’s financial foundation, it deepens players’ roles in driving the sport forward, heralding an exciting chapter for golf enthusiasts worldwide.

Compassionate Care Provided at Camden Treatment Associates in New Jersey

Camden Treatment Associates in New Jersey works around the clock to help those suffering from opiate drug addiction. The Camden Treatment staff is comprised of case managers, licensed practical nurses, registered nurses, certified alcohol and drug counselors and board-certified addiction medicine physicians.

Camden Treatment Associates (CTA) provides tailored care to suit the diverse needs of patients, accommodating various lifestyles and schedules. This flexibility ensures that each individual receives optimal support, regardless of their work or personal commitments.

The main focus of New Jersey’s Camden Treatment Associates includes the combination of methadone maintenance treatment (MMT) and both group and individual drug counseling, in line with New Jersey State and Federal guidelines. This holistic approach is crucial for fostering lasting recovery from drug addiction.

With Methadone Maintenance Treatment, Camden Treatment patients receive a daily therapeutic dose of methadone, specifically designed to jumpstart the recovery process. When this is paired with counseling and psychosocial services, methadone alleviates cravings and withdrawal symptoms, setting the stage for a successful recovery journey.

Camdent Treatment’s MMT is particularly beneficial as it normalizes the body’s neurological and hormonal functions disrupted by heroin or other short-acting opioids. The benefits include reducing or eliminating opioid cravings, preventing withdrawal symptoms for over 24 hours, blocking the effects of other opioids, and enhancing physical and emotional health, thereby improving the overall quality of life and functioning.

Medical services provided by Camden Treatment Associates and Dr. John Holtsclaw’s medical team are licensed by the New Jersey Department of Human Services and federally accredited by CARF. Medical service include both group and individual counseling sessions. These therapeutic sessions at the New Jersey based facility foster self-awareness and provide insights into how addiction has impacted the individual’s life. The 90-day Camden Treatment Associates curriculum covers the biology of addiction, coping strategies, trigger identification, and skills development to support recovery and maintain sobriety.

This combination and unique way of treating the addiction epidemic in New Jersey and across America offers hope to those who suffer from drug addiction offering a way forward towards relief from the pain of addiction and a healthier lifestyle.