Word: bargainers
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Rather than cause brief setbacks to the airline industry's fortunes, 9/11 and the recession exposed a raft of deeper problems: high fixed costs, a convoluted fare structure, a boom in online bargain hunting by consumers and the growing disaffection of business travelers and their bosses. The full-service airlines' soak-the-rich business model, which has always prized maximizing revenue over operational efficiency, looks all but busted...
Lindows, launched by dotcom veteran Michael Robertson with the millions he made selling MP3.com has a few more problems. The bargain-basement $299 Microtel PC comes without a monitor, which will cost you $128 more. If you have a PC, you can pay $99 to download Lindows (at lindows.com) If you have Windows 95 or 98, you can choose to install Lindows without wiping out your original operating system. But here's the catch: Lindows comes into the world pretty much naked. You must download most of the software you'll need through a program called Click...
...Lindows, launched by dotcom veteran Michael Robertson with the millions he made selling MP3.com, has a few more problems. The bargain-basement $299 Microtel PC comes without a monitor, which will cost you $128 more. If you have a PC, you can pay $99 to download Lindows (at lindows.com). If you have Windows 95 or 98, you can choose to install Lindows without wiping out your original operating system. But here's the catch: Lindows comes into the world pretty much naked. You must download most of the software you'll need through a program called Click...
...Qwest, already under investigation by the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ), is close to restating the past three years of earnings by more than $1 billion; apparel maker Warnaco is now in the SEC's cross hairs; and prosecutors were driving a hard bargain in plea negotiations with ImClone's ex-CEO Samuel Waksal, insisting that he accept at least seven years in prison on insider-trading charges and declining to spare his family members from prosecution...
While some low-cost airlines are concentrating on more traditional destinations, Ryanair, Go and Buzz are boldly going where few have gone before. And their attentions are proving a boon, not just to holidaymakers who snap up bargain fares, but to places like Aarhus, Bergerac and Jerez, which are enjoying a boost to the local economy from an influx of tourists. As the summer vacation season reaches its peak at the conventional hotspots, the air over Europe is filling with people going to places that, until recently, they had never even heard...