Sunday, November 27, 2011
Thursday, November 17, 2011
Basically what I'm getting at is that Twilight is going to help the economy with all of the spending that will be going on. The tickets, merchandise, and food that will be sold will help out the Thearres and everyone.
Wednesday, November 16, 2011
The Big College Scam? For all us seniors busily filling out college applications, waiting to see which fine institution of higher learning will accept us, the future may not be as bright as we think. According to Mr. Kelly’s article, we are all buying into the myth that a college degree will assure us a brilliant career. This, however, is not the case. Apparently what the majority of college graduates can look forward to will be large debt loans and minimal job opportunities. Tuition and fee costs at most colleges and universities have far outpaced the median family income in recent years and continue to do so. In turn, students are amassing loan debts that currently are at levels of more than $1 trillion dollars. Perhaps the debt is climbing higher because students are taking longer to finish degree programs, thus incurring a higher debt load. Graduates are having difficulty in retaining gainful employment. Who is to blame? According to the article, the blame needs to fall on the entire education system. It seems that as the amount of money spent per student continues to rise, the educational level of the average high school and college graduate continues to fall. An additional trigger to the rising cost of education is, of course, governmental “help”. As with all areas touched by government interference, there has been an increase in the red tape which students must navigate. Since the cost of college tuition cannot continue to outpace family income, the government wants to step in and “bail” the student loan industry. Does shifting the burden from the student to the taxpayer without overhauling the system make any sense?
People always say that money can't buy anything, but we know that we can't do much without money. Gas, food, cell phones, and all kinds of bills we have to pay months and months. But I think one of the most expensive things is education. Average Americans earn $42,000 a year if they have a job, but tuition for a lot of colleges passed $50,000. So unless students got scholarships, it is really difficult for a student from an average family to go to college.
Wednesday, November 2, 2011
Are you looking for wide open spaces, starry nights, and long cold winters? Then North Dakota may be the place for you. Along with all the stereotypical pictures that come to mind about North Dakota, the least obvious would be an environment rich in jobs. But, that is exactly the case and, up to now, a well kept secret. As the nation overall is currently experiencing the highest unemployment rates, in our recent history , North Dakota has the lowest rate at just 1.5% along with a large inventory of jobs needing to be filled. The major employers are in the oil industry fueled by the enormous oil supply provided by the Bakken oil formation. Employers are willing to offer salaries ranging the 6 figure area for people with little experience and there is no need for a college education just to fill existing vacancies. But, the demand for workers far exceeds the supply. The oil boom has caused a need for employees in not only the oil industry but in all other areas. Oil workers will need places to live, eat, and shop , and there is definitely a shortage of all. But job seekers beware! Along with high paychecks, be prepared for long hours, a housing shortage, extreme winter conditions , and high prices. And, the secret is out. Just recently, one of the new “primetime” magazine television programs showcased the city of Williston, N.D. and its booming economy.
Girls like to do their nails, so some of them go get their nails done regularly . There are a lot of Nail Salons in the US, but they are kind of expensive. But why do people still go ? I think one of the reasons is that when girls get pretty nails, those nails can make them really happy and feel satisfied. Also, for girls who don't go to Nail Salons but still love to have pretty nails, they can go get nail polish and do nails themselves. Some girls even have huge collections of nail polish. There are all different kinds of brands for Nail Polish, so girls can always find cheaper substitutions. So satisfaction helps economy move, when consumers feel satisfied whenever they bought something from a store, they will probably go back to that store again or tell theirs friends to go. In today's economy , if the government only think about how to improve the economy but not how to increase the desire of consumers, it will be kinda hard to help the economy.
Tuesday, November 1, 2011
So throughout the first semester of school, I have dropped my Ipad several times, it has hit desk legs, tumbled down stairs, landed on concrete and has been hit by a fist fuelled by 170 pounds of force and a D is Spanish. Though the amazement of it still working amuses me, I would love a screen that would NOT be cracked/shattered to improve the awesomeness of the device. So I call up Apple to see how much it would be to repair a cracked screen, and Apple (after a set appointment) will usually do a repair for $150. Why the triple digit price? Apple designed the screen and the base of the tablet to be connected together, making it even more a pain to replace not just the screen but the super nice aluminum case holding all the goodness together too.
Wednesday, October 26, 2011
As we all know, Texas Ranger fever is at an all time high due to the local team being in the World Series. This brings out-of-towners in to support their team, which leads to increased activity in the host city. Along with headaches, like increased population and traffic, it appears that the temporary inconveniences are a necessary evil in order to reap economic benefits. The economic windfall is not limited to baseball, but the effect is felt throughout the sports world whenever you have a team that commands national, if not worldwide, attention. At times, the cost of supporting the team by providing first class facilities falls on the city’s population, as has been the case in Arlington. Arlington has contributed to the building of both The Ballpark and the new Cowboy stadium in the form of an additional sales tax percentage, but the city has seen an increase in consumer spending. A recent tourism study shows that visitor spending continues to rise in Arlington in spite of the current national economic climate. The rest of the nation has not been as fortunate. The Ranger’s current success and the high profile Dallas Cowboys have put the city in the national spotlight. The city’s revenues have continued to climb, and Arlington is in an enviable position of having a budget surplus when other cities are struggling. Visitors sent approximately $593 million in the city last year, sales tax revenue jumped 34% in a five year time span, and tourism is the only industry seeing job growth. For a city that was lagging behind economically only ten years ago, the future seems to be much brighter. Being seen as a major player when it comes to financial capabilities only encourages more development and thus a promise of economic stability. And, while other cities may not have enjoyed the revitalization, it is clear that Arlington has benefited greatly from having such great sport venues within its city limits.
I'm sure you have seen grandmas and grandpas work at Wal-mart, but why don't they relax at home? After working 40,50 years who doesn't want to enjoy the life with the money he or she owns? But since everything is getting more and more expensive, people just have to work longer to live. And those baby boomers ,who were born between 1946 and 1964, are now officially senior citizens. What will government do with them?Will the government give them enough medicare and insurance?
Monday, October 24, 2011
Gluten: a protein found in wheat that makes its grains bigger, and faster to grow, cheap and cruddy as the government has always done it. At first, the gluten protein was a genetic idea that people thought would change how fast we could produce primarily wheat and dairy items...and it did work, however after a while, the disease we know today as "Celiac disease" was born.
Thursday, October 20, 2011
Wednesday, October 19, 2011
Are we, as a nation, contributing to the jobless crisis by wanting more and more convenience? In the quest for instant service, technology is becoming an essential part of our lives. We don’t want to stand in line at the grocery store, the bank, the gas station or just about anywhere else. We have lost the customer service attitude of the older generation because we are willing to do everything ourselves in order to get it done quickly. In response, the internet and technological improvements have made applications available for our use. We can now book our own trips, including airline and hotel, online without the use of a travel agent. There goes a few travel agent jobs! We have self checkout lines available in most grocery stores. There goes a few grocery store jobs! We can do all our banking, shopping, etc. online without actually having to step into a “bricks and mortar” location. How many jobs are lost in those industries? As the article states, in the past there was the need for actual workers to run and maintain “technology” from that era. Now, with tremendous advances in technology that does not require “manned” attention, the demand for workers is in decline. The global impact of the internet, smart phones, and wireless technology allows companies to service an increasing customer base, without having to boost employment. Research shows that retailers worldwide spend more capital on technology, and thus are able to reduce their workforce further. Technology has outpaced the need for workers and the jobless recovery will be slowed down. So, since technology reduces the number of workers needed to produce the same quantities of goods and services, the economy must grow at an even greater rate in order to create new jobs. And, with the economic slump the U.S. is currently experiencing, the outlook on reducing the jobless rate looks gloomy.
Tuesday, October 18, 2011
Wednesday, October 12, 2011
Considering all the very public battles in the press between conservatives and liberals, it is no surprise that the President’s proposed jobs bill did not pass the Senate vote. It failed to garner the required majority of 60 votes to move forward on the measure. A major component of the bill that was not supported by both parties was the provision to extend unemployment benefits for the nation’s unemployed masses, some of whom have been without work for as long as 40.5 weeks. The provision would have extended unemployment benefits for an additional year, with the average person being able to collect a total of 99 weeks split between state and federal level. But now with the failed measure comes the reality that more than 6 million Americans are going to lose their benefit in 2012. Proponents of the extension argue that cutting the benefit will have a negative impact on the economy, since those collecting the funds are usually the ones that spend the money immediately. With no money coming to the jobless, the unemployment funds will be removed from the domestic economy. Opponents, on the other hand, argue that continually extending unemployment benefits discourages the jobless from actively seeking gainful employment and choosing to remain on the government “payroll”. The local thought is that while the President’s bill failed as a whole, the unemployment benefit extension may be submitted for passage as a separate measure. That would reduce the cost from the $447 billion price tag of the entire bill to a more palatable one of “only” $44 billion. Perhaps if the bill includes major provisions for actually getting the jobless back to work, then both parties would agree. I would think that the view of the situation depends on which side of the fence you are on…are you gainfully employed or are you relying on the unemployment check to pay your bills? I am sure that there are jobs available to some that choose to draw unemployment. As always, in my opinion, programs that are intended to provide help to those who need temporary assistance can and are abused. And, while the nation’s businesses continue to deal with the current economic and political climate, unemployment may continue at our current rate of 9.1%.
Economy adds 103000 jobs, but it's not enough. High unemployment percentage is one of the biggest problems in our economy now, and economy keeps adding new jobs for people, but the percentage just won't go down. Having people spend money in economy will help the everything, so why can't we just ask people spend money on instead of saving? Because most of the people spend all their money on their children's school tuition , transportation ,and housing bills, and people are already really stressed about how much bills they need to pay. College tuition is higher and higher each year, where can we get money if we don't save the money? The gas is inelastic demand, people need it everyday,if we don't save money how can we pay for gases? We also have houses, we need to pay for the water, electric, insurance bills ,if we don't save money how are we going to live in the houses?It's not easy to let people spend money when they have to face all those problems. Just adding new jobs for unemployment isn't enough because the population is growing really fast.
Tuesday, October 11, 2011
Thursday, October 6, 2011
Before his passing, the much anticipated "IPhone4s" was unveiled. The new IPhone was already going to be a success, but the death of its creator spiked its demand.
It is expected that the lines for the IPhone4s will be long, now the lines are expected to be even longer. After the passing of Michael Jackson his albums and songs became a gold mine for fans that wanted to buy tokens of appreciation/remembrance of the pop king. Now the same can be said for Steve Jobs. Its anticipated that fans will pack the Apple stores to be the first to have an IPhone4s. This prediction means that there will be an increase of demand for the new IPhone. This doesn't necessarily mean the price will increase but this could effect other brands of phones such as androids. Not only is the IPhone4s going to be highly demanded but is going to be available for different networks, like AT&T, Verizon, and Sprint. Branching out to other notworks means that the number of consumers will increase. Being available for different networks means that other phone brands will probably have a sudden decrease after October 14.
Steve Jobs revolutionized the world of technology and opened doors that were once un-thought of by mind. He has outranked other companies for years but yet he always stayed ahead of the competition. Steve Jobs will be greatly missed and yet he is still present with Apple. Apple will continue to take over the world and change the world as we now it.
Wednesday, October 5, 2011
You can find an Asian restaurant everywhere you go. But do you think the Chinese dishes here are the same Chinese dishes in China? NO,not really! Because restaurants have to think about what people can eat, how would they like to try the different without being scared. Different countries can have a lot in difference. Its just like KFC,McDonal's, or Pizza Hut is so much different in China, they are American food,but they more like Asian American food,so everyone can try. Consumers can have influenced economy greatly, giving what consumers want can increase the demand for good and services. We know how important consumers are for our economy. Satisfying consumers is what the companies want to be successful. So before opening a store, knowing what the consumers want is important.
Monday, October 3, 2011
Thursday, September 29, 2011
So this means that the Government might make businesses' raise minimum to help fix the economy.
(If they do decide to raise worker's paycheck, they should start with raising teacher's salaries!)
Wednesday, September 28, 2011
Oil prices are continuing to fall to their lowest amounts in recent months and consumers are beginning to feel relief at the pump. Although, viewing the current prices from a historical perspective, the price of gasoline is still quite high. The lower gas prices means more money in the consumer’s pockets and, in turn, more income available to spend on other products. Gasoline prices usually follow the reduction in oil prices and recently, the national average has fallen to $3.56. The trend is expected to continue with an additional .09 in the next few weeks. Economists state that for every $1 decline in oil price, the average American consumer has an additional $3 billion to spend, save or pay down debt. Does more spending lead to a rise in the economic outlook? You would think so; however, sometimes low gas prices are linked to a weakening in the economy and should not be seen as a positive indicator of an economic recovery. As a matter of fact, experts attribute the recent drop in oil prices to several factors that include the political climate in Washington, the S$P downgrade and the debt crisis in Europe. As these factors continue without resolution, oil traders expect the demand for oil and gasoline to fall. The declines we are currently experiencing are an indication of trouble ahead and could be a sign of a pretty sick economy. Lower oil and gas prices are an automatic response to the prospect of worse times and paint a bleak economic outlook. If the trend continues, uncertainty will prevail within the American public, which will flow over into the business sector. It becomes a vicious circle: businesses will cease hiring, consumers will cease buying products, investors will cease investing in stocks, and the economy will slow down even further. As the article aptly states, “…be careful what you wish for.”
Makeups are like clothes to some people, they will always be needed all the time. Doing make-up for an American girl isn't a big deal,but what about making your own make-ups?
Monday, September 26, 2011
Wednesday, September 21, 2011
One man’s disaster is another man’s wish. While Hurricane Irene brought devastating flooding to the Eastern part of the nation, Texas has been suffering the worst drought in history. The record temperatures have stretched over extended periods, making this one of the hottest and driest summers since records have been kept in the last 150 years. While the flooding on the east coast has created an economic impact, it may be of shorter duration that the drought. The drought has affected major components of the food industry, and will take years to recover. Just in Texas, half of the normal cotton crop has been lost, which accounts for fifty five percent of the total U.S. crop. As a major exporter to other nations, the drought will drive the price of cotton higher, and there will be higher costs in the textile industry. Another area affected is the cattle industry. Due to the drought, ranchers can no longer depend on natural grazing lands to feed their stock. The drought has also led to the loss of the state’s hay crop, increasing the cost to ranchers, which forces them to sell off the stock they can no longer afford and in the process, are losing valuable breeding stock. As stated in the article, rebuilding herds will take time and be a long, expensive process. That will impact the price of beef for years to come. And as bad news runs in threes, the final blow will be in the fall wheat production. With lower than normal rainfall and high temperatures the ground is in less than ideal conditions to support any type of crop. Two of the states affected produce around a third of the nation’s winter wheat and a less than abundant crop will, as economists predict, cause a 50% increase in price. With losses already estimated at five billion and no relief in sight, the drought will make its impact felt in the most vulnerable area, the pocketbook.
Do you like Starbucks? How much do you spend on Starbucks per year? Many of us go starbucks 6-8 times a month and spend more then we would ever think just on getting Starbucks, Would you go to another Coffee store if there is a new one opening, the answer will probably be no for most of people. Why do we like Starbucks so much even though the price of it isn't cheap?
Monday, September 19, 2011
Friday, September 16, 2011
A Nucleus Research study done in 2009 estimated that 2/3 of Facebook users, access the site at work ad this causes a 1.5% loss of productivity. Some businesses use Facebook to branch out across the country to customers that are further away, so that must make it okay for employees to be on Facebook sometimes right? If being on Facebook is business related then yes, but if not the no! In the study, 87% of people were on Facebook for something completely unrelated to there business.
To solve the problem of employees being on Facebook, companies should either block all social networking sites, only allow employees on there phones during there breaks, or just have a no phone policy. If companies become more strict on there phone policies then employees will become more focused on there work and companies would see an increase of productivity since the employees arent distracted.
In an economy where people are trying to save money, there a few health/money tips that could save you later on in life. Buying off the dollar menu is a quick way to save a few bucks and fill up the kids but its also a quick trip to the hospital,evntually. Fastfood is full of calories and greasy fats that can result in clogged arteries. Finding and using exercise equipment that isnt professionally checked could also result in a trip to th hospital; the equipment could break down injuring a person. It seems like all accidents lead to the hospital so it would be smart to set up a co pay,like mentioned in the article, because its cheaper.
Wednesday, September 14, 2011
What was old is new again! This is a timeless statement and appears to be the new Wal-Mart motto. In a society where everything seems to be recyclable, Wal-Mart is reviving the “layaway” shopping experience. This new yet old promotion is an attempt by the giant retailer to regain a foothold in the low income markets. Just recently, it was reported that Walmart’s share of the U.S. consumer market had dropped for the first time in over a decade. The retailer had seen a steady increase in its share of the market annually for the last ten years. However, in recent years, its main customer base has been hit hard by high unemployment and rising costs. It has also faced fierce competition from other retailers targeting the same consumers. Wal-Mart had offered the layaway option in previous years, but during the boom economic years with easily available credit, it discontinued the service citing high costs and lack of consumer interest. However, when other competitors began offering/and or expanding the service, Wal-Mart was forced to start up again in order to stay competitive. The program is available with quite a number of restrictions and is limited to certain minimum purchase and product requirements. It may be expanded to include all non-perishable items such as clothing, etc. if the demand grows. It will be interesting to see if this return to a method of purchasing made popular in the Great Depression will enable Wal-Mart to regain its status as the “King” of the low-cost, high volume retailers. Wal-Mart is not accustomed to being in a “catch-up” position and had become used to being the leader of the pack.
Hmart is a Korean supermarket that has really fresh vegetable and fruits also is has delicious Asian cuisine . It is always crowded. Not only Asians go to hmart, more and more Americans start going to Asian markets. More people are interested in the differences between cultures, and of course food is always the first thing we try to know! At hmart, we can find food thats wont be purchased at other grocery stores. The special food makes hmart fascinating , even though hmart is located far away from everywhere. Some time if we get hmart at the end of the day,all the fruit and vegetable would be gone. Because its scarcity, makes people wanting more.
Wednesday, September 7, 2011
Insomnia or sleepless is mostly defined by an individual's report of sleeping difficulties. People have stresses, even students have stresses from high expectations of others. AS the result, we get insomnia, exhausted and depressed. People who suffer insomnia are less productive than people who have 8 hours sleep every night. Those employees drag themselves to work, although they are physically at work, their minds are still sleeping. A research shows that insomnia costs U.S. $63 billion annually in lost productivity. So insomnia is one of the important factor of why employees can not meet their max efficiency at work. Most people don't see insomnia as a kind of illness, but those people might need some medical help. Have a good night sleep, everything might seem different the next morning. Just like we can work harder, more efficiency , and more productive. Sleep is not only important to work but also important to ourselves.
Friday, September 2, 2011
Wednesday, August 31, 2011
Hurricane Irene could be labeled as one that has caused massive damage. Currently, the estimated losses in just the state of Vermont total more than 1 billion dollars. Although Irene was at a category 1 when it came on shore, the damages were not as apparent until days later. It did not have the devastating winds, nor did it cause damage along the shoreline. The real threat from Irene became apparent in the rising waters of the inland rivers that were pushed over their banks by the storm surge. According to newspaper accounts, in the Northeast alone, the cost to repair the damage of the affected areas could total more than 20 billion dollars. This is only for the physical damage, with an additional 20 billion more dollars in economic loss, due to closed restaurants and shops. Even in the face of tragedy, there is some benefit. Reconstruction of the damaged areas could provide jobs, especially in construction, for an area that has severe unemployment. The hurricane ravaged areas have asked for assistance from the federal government, but with the current economic situation, it is unclear as to whether FEMA will have sufficient funds to provide that aid. Hopefully, politicians will not take this as an opportunity to continue playing political games, but instead, come together to look at the human tragedy, and work together to provide the necessary relief. Only time will tell, and it will take time for the affected areas to recover.
This article talks about different ice cream, but why do we have ice cream？
Thursday, April 28, 2011
Corn that doesn't need so much nitrogen could cut America's $8-billion-a-year fertilizer bill, send less pollution into the water and less carbon into the air.
Major research is being done in Iowa and California to produce corn that can live and thrive without nitrogen fertilizer. In July of 2007 both research facilities produced such corn. Even with that, they are 5 to 10 years away from productivity. The U.S.’s corn crop is worth more than $66 billion. Rice and wheat growers around the world have reached a plateau. Corn is the only crop that continues to rise in production. We have been paying an incredible price. Not only the high cost of using nitrogen fertilizer, but the damage caused through rainwater runoff. More than half of the fertilizer is wasted by runoff. It finds its way into aquifers, flows into creeks, streams and rivers. The runoff that has reached the Mississippi travels to the Gulf of Mexico, where deadly algae blooms that deprives fish and plants of oxygen. The EPA has stated that the Gulf has the 2nd largest ocean dead zone. Scientists are still debating which has caused the most environmental damage- the BP oil spill last year or the ongoing nitrogen pollution from U.S. agriculture?
This has the potential to change not just one industry- Ag, but many-- seafood & maritime, tourism, etc. Every year the cost of environmental damage increases. This is a very hard value to put into an exact percentage or amount but we all know that it has to be one that the world focuses on
Wednesday, April 20, 2011
For decades, Ford produced Taurus sedans at a plant next to the busiest airport in the world, Atlanta's Hartsfield. But the 130-acre lot has sat vacant since 2008 when the plant was shut down.
A local commercial real-estate developer bought the land and now envisions something completely different: a mixed-use project, with office parks for firms that need quick access to the airport.
Development projects next door to airports are sparking economic excitement throughout the U.S., as financially struggling cities look to attract export-oriented and high-tech businesses amid an uncertain economic recovery.
Atlanta is just one of several cities latching onto the trend of trying to build all the aspects of a city around an airport — an "aerotropolis" as it's called by planners. The push is for aviation authorities to partner with private companies to cohesively and systematically develop bountiful land near the airport to attract office space, warehouses, logistics centers, retail stores, recreational facilities and apartments.
By attracting businesses that need frequent and easy access to airports — delivery-fulfillment centers, exporters, Web commerce companies, biomedical manufacturers and other time-sensitive enterprises — other clusters of businesses that cater to existing companies will be formed. Projects, such as entertainment and residential complexes, will soon follow, forming a city whose core and economic engine is the airport.
Airports and airlines need to be treated as key infrastructure to compete in a global economy," says John Kasarda, a University of North Carolina professor who is largely credited with coining the term "aerotropolis".
DFW has done this to an extent and wants to push it farther.
“•Dallas/Fort Worth. Airport officials see a new aerotropolis around three new rail stations that will connect the airport to Dallas and Fort Worth when they open in the next three years. Owning a land mass larger than Manhattan, the airport has zoned about 6,000 acres for industrial parks, retail and restaurants, hotels and an entertainment venue that will be developed gradually in the next 20 years, says John Terrell, the airport's vice president of commercial development. About 1,000 acres already have been developed, consisting of a hotel, golf course, cargo and commerce park. Aviall, an aircraft parts distributor, has moved in, as have the Dallas Cowboys' merchandising headquarters and aircraft engine maker Pratt & Whitney.
With American and Southwest airlines headquartered in the region, aviation has always been a key economic driver in Dallas and Fort Worth, and the region has had some previous success in aerotropolis development. Nearby suburbs, such as Southlake and Grapevine, hosting Great Wolf Lodge and the Gaylord Texan have flourished. Las Colinas, a planned, upscale area nearby, has owed much of its development to the airport.”-- Usa Today Newspaper
Countries around the world have been aggressive in converting the aerotropolis idea into reality--Dubai, Hong Kong, Seoul and Shanghai. Even in an economic downturn they are a success.
These projects may take many years to fully complete, but the potential they have to sustain jobs and economic stability in an area is very high.
Sunday, April 17, 2011
So the breakdown here is that this picture was taken from the App store of Apple. This hints at a new iOS device, but possibly could be just a coding error. This happened two months ahead of time of Apple's conference where "they will the company has said it is showing off "the future of iOS and Mac OS X". " As far as I can tell it is a possibility. Another new device or revealing of product specific apps will cause a great stir in the market place. If there are new apps for such as Apple TV, this just means that other companies will have competition. I'm really hoping for another iOS device or new product. Apple seems to do a good job of making people want to put money back into the circular flow of the economy. Hopefully the company will grow large enough to hire an insane amount of people to create more jobs. As of right now they are feeling backlash because of Japan and their lack of exports so jobs creating part will definitely be a big one.
Thursday, April 14, 2011
Monday, April 11, 2011
Southwest Airlines decision to cancel about 300 flights and then ultimately grounding 79 planes (about 1/7 of its fleet) will inconvenience passengers and will cost the airline several million dollars. The damage to Southwest's earnings will be reduced if stranded passengers rebook on other Southwest flights. But other airlines such as United offered standby seating for the stranded passengers.
The grounded planes are 137-seat Boeing 737-300s. Using the airline's most recent available figures for average occupancy, it's possible to estimate that more than 31,000 paying passengers were stranded Saturday. Southwest says on its website, updated this week, that its average one-way fare is $130.27, which would produce a $4.1 million loss in revenue. Southwest might provide an estimate on the cost of grounding this month, when it releases its first-quarter earnings report.
The airfare isn’t the only loss that Southwest will have, the added expense of accessing the true damage of each aircraft and then making the FAA and NTSB mandated repairs to get their fleet back in the air must be considered. (JetBlue stated that it lost $30 million due to late-December storms that caused it to cancel 1,400 flights.)
Taking it a step further there are 931, 737-300 such models in service worldwide, 288 of which are in the U.S. fleet. Boeing said its service bulletin will also require checks on larger 737 models too. So this will stretch much farther than Southwest.
Sunday, April 10, 2011
Okay so here's the breakdown, with Apple's groundbreaking tablet, competitors are left in the dust as retailers such as Motorola are all falling into the same category of just "tablets." The picture above clearly states this. The competitor that was quickly fading is the Xoom tablet from Motorola. They sold 100,000 units compared to Apple's 500,000 in the first weekend. Now why you ask did I put the "for now" portion into the title. Here's why, the only good outcome to getting a Xoom as of right now is due to the fact that it will be using the Android 3.0 software compared to getting the iPad and their iOS. As far as I can tell this is Mac vs. PC all over again. It will be all about operating systems and supporting apps. For now Apple will lead the market in sales but as one can tell during the smart phones war, Android is catching up in sales.
Overall what I'm trying to get at here is that Apple will have some healthy competition. This in turn will end up being a competition of "who can make people spend more money." Apple usually does do a good job at that, but Android owned by Google can do the same. If people do end up spending money its because of this competition. Consumers will put more money into the economy and the circle continues to flow.
This story can be found on CNET.
Wednesday, April 6, 2011
The most immediate threat is the possibility for people's identities to be stolen on a massive scale and have them all end up accumulating a lot of false charges. This means that there would have to be an investigation into each account that was tampered with and the person whose account it is would have no access to it for roughly a week. This would hurt the economy because people would all of a sudden have to be extremely careful with their money, especially if they have all of their money in one account. The other problem is going to be for any company that deals with online security because people will start to have their doubts about even the most secure companies after such a large breach. This corporations could end up using smaller security companies less, causing them to go bankrupt. This wouldn't be any good because it would mean that there was less competition. With less competition in the online security section of the market then prices could rise. This could end up causing a rise in prices on everything that the company sells because they would have to pay for a more expensive security system and that would be bad for the consumer. Overall this is just a bad situation that will probably have a large amount of consequences.
Tuesday, April 5, 2011
Monday, April 4, 2011
acquisition of Spawn Labs and Impulse. Spawn labs, a streaming technology company, and Impulse, a digital distribution company/program (an alternative to Steam). These major additions to GameStop now mean that not only will GameStop be selling and shipping games, they will be hosting just as many digital downloads and even producing some games. This will drastically increase GameStop's total income for the rest of the companies existence. With the dawn of the digital age this is a great move, by putting the company not only in one market, but three simply overnight.