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Williams is a senior correspondent for NPR, an analyst for Fox News and the author of Enough

Author: /time Magazine | Title: The Legacy of Little Rock | 9/20/2007 | See Source »

...opening of T5, as the new terminal is known, should help tackle another of BA's weaknesses: its much criticized hub. "BA has a fundamental challenge none of its European peers suffer from," says Chris Avery, an airline analyst at JPMorgan in London. "Heathrow is stretched to its limits." Conceived for 45 million passengers a year, it sees almost 70 million annually endure its crowded terminals and snaking lines. Airlines wait longer for gates to clear, and creaking baggage-handling equipment is prone to breakdowns. Though it can't ease runway congestion--Heathrow's "Achilles' heel," says Avery...

Author: /time Magazine | Title: Cabin Pressure | 9/20/2007 | See Source »

...from the U.S. via Heathrow. For BA, that restricted access has been a gold mine. In the wake of 9/11, BA "rightly used the cartel of Heathrow to the U.S. to generate a large proportion of recovery in profits," says Nick van den Brul, an airline analyst at BNP Paribas in London...

Author: /time Magazine | Title: Cabin Pressure | 9/20/2007 | See Source »

...trillion earlier this year, up from just $280 billion five years ago. Companies in India's technology and financial sector are booming, and the world's investment bankers are paying court. Banks used to "come to India about once a decade, get spooked and pull out," says industry analyst Janmejaya Sinha of Boston Consulting Group. This time around, "it's going to take more than parachuting...

Author: /time Magazine | Title: Banking on India | 9/20/2007 | See Source »

...more foreign banks move in and local institutions grow, salaries in India's financial-services sector, like those in the even hotter technology sector, are skyrocketing, and turnover in many firms tops 35%. Goldman "took a different approach to hiring than most multinationals," says Luis Moniz, a Mumbai-based analyst for the human-resources consultancy Heidrick & Struggles. Most rivals tried a balanced approach, with half local hires for on-the-ground expertise and half expats to maintain a connection to the head office...

Author: /time Magazine | Title: Banking on India | 9/20/2007 | See Source »

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