Stock futures lower; airlines amass $1 billion in quarterly baggage fees; Amazon extends free shipping deadline: A.M. Business News Links

baggage fees

Christian Noriega of Hayward Calif., with an umbrella on his side checks in at the Philadelphia International Airport Monday, June 13, 2011. All together the 27 U.S. airlines took in a total of $960 million from baggage fees last quarter, according to data released by the Department of Transportation Monday.

(Associated Press/Matt Rourke)

In this Monday, Dec., 1, 2008, file photo, an Amazon.com employee grabs boxes off the conveyor belt to load in a truck at Amazon's Fernley, Nev., warehouse. Amazon is extending its free shipping deadline for Christmas Eve delivery to Dec. 19.

Stock Market Headlines:

Stock futures are moving lower, setting the stage for a third consecutive day of declines. Dow futures are losing 99 points, Nasdaq futures are declining 34.75 points and S&P 500 futures are down 14 points. (CNN Money)

Asian stocks slid today as further weakness in oil prices and the slumping Russian ruble helped extend the global market rout. (Associated Press)

The ruble plunged to 80 a dollar for the first time as investors speculated Russia will announce capital controls after the largest interest-rate increase in 16 years failed to revive confidence in the currency. (Bloomberg News)

U.S. Business Headlines:

All together the 27 U.S. airlines took in a total of $960 million from baggage fees last quarter, according to data released by the Department of Transportation Monday. (CNN Money)

Uber has responded to concerns over the company's privacy policy, after it was reported last month one of its employees tracked a journalist's location using an internal tool called "God View." (The Verge)

Some people who know the New York high school student reported to have made $72 million from stock trading strongly believe the $72 million figure is just a rumor -- a rumor the student hasn't denied. (Business Insider)

Stories of anonymous, deep-pocketed patrons paying for customers' layaway items at major retailers are becoming more common as Christmas nears. (CNN Money)

Technology Headlines:

Amazon is extending its free shipping deadline for Christmas Eve delivery to Dec. 19. (USA Today)

A Dutch privacy watchdog on Monday ordered Google to make changes to the way it handles users' personal data or face fines of up to $18.7 million. (Associated Press)

Tech companies primed to go public next year saw a surge in mega funding rounds in 2014, as the number of $100 million or more financing deals more than doubled to 50 this year, according to the analytics firm CB Insights. (CNBC News)

Microsoft-owned Skype has announced the public availability of Skype Translator, the firm's speech recognition software that can decode languages in real time with the help of intelligent translation technology. (The Inquirer)

World Business Headlines:

A new survey today showed activity in China's manufacturing sector fell to its lowest level in seven months in December, adding to worries over the world's second-largest economy. (Fortune)

Honda called back vehicles in China to investigate potential defects with air bags made by Takata, underscoring the global reach of the safety crisis after similar campaigns in the U.S., Canada and Japan. (Bloomberg News)

Royal Bank of Scotland has sold $7.5 billion of Irish property loans to U.S. private equity firm Cerberus, shedding a big chunk of problem loans under its plan to shrink its business in Ireland. (Reuters)

Google News ceased operations in Spain today, a move the search giant said was the result of a new law that would have required it to pay publishers for their content. (VentureBeat)

A Beijing court says a businesswoman linked to China's fallen ex-railway minister has been convicted of bribery and sentenced to 20 years in prison. (Associated Press)

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