👋 Welcome to 5 Things PM! The changes in the airline industry keep coming fast and furious. Spirit Airlines, the budget carrier known for charging passengers for anything and everything, plans to offer business class seats. This news arrives on the heels of Southwest getting rid of open seating.
Here’s what else you might have missed during your busy day:
5 things
1️⃣ ‘Junk fees’: The extra charges that parents pay to make online deposits into their children’s school lunch accounts are under scrutiny. The Consumer Financial Protection Bureau found that some parents pay up to 60 cents in fees for every dollar they deposit. That can add up to tens of millions of dollars for the payment processors.
2️⃣ Amazon products: A US safety regulator voted unanimously to hold the retail giant responsiblefor faulty or unsafe items sold by third parties on its website and app. The Consumer Product Safety Commission said it found more than 400,000 defective products sold …