Back in the 60s, flying was both an experience and a privilege. Passengers dressed formally and were actually excited for their flights. Nowadays, flying is more of a hassle than it is enjoyable; we simply want to get from point A to point B, while spending as little money possible. However, increased costs and competitiveness have transformed airlines into revenue-generating machines.
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S&P 500 Darlings
Last week the stock market celebrated the five-year anniversary of the S&P 500 Index, since hitting its lowest point during the Great Recession. Over the past five years, the recovering bull market has rewarded a number of blue chip E-Commerce companies with soaring stock prices. However, there is also much skepticism surrounding the future of the market, leaving investors worried.
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Members Of The Wrong 1%
US Airways and American Airlines completed a merger in December of 2013 to form the American Airlines Group (AAL), becoming the world’s largest airline in the process. The deal, worth more than $11 Billion ($8 billion less than the WhatsApp acquisition, for those keeping track) joined the two fleets, unions, contracts, and staffs to form one mega-airline.
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