Word: carriere
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This month the game is looking frenzied. On Dec. 1, Ryanair made a $1 billion takeover bid for Irish flag carrier Aer Lingus, the second such offer from Ireland's no-frills airline in as many years. The Irish carrier has rebuffed the offer, but shareholders have until Jan. 5 to decide. (See TIME's Top 10 business deals...
...Virgin Atlantic said it was in talks with Germany's Lufthansa over the future of BMI, a British airline that Lufthansa is currently taking over. This year the German carrier has taken a 42% stake in Austrian Airlines, with plans to pick up the rest later, and a similar share in Brussels Airlines, which handed the Cologne-based carrier access to west Africa. British Airways has been talking to Spain's Iberia and Australian carrier Qantas about a merger...
...used to be you could get a job at one of those factories, even without an education, and make a decent living to support your family," says letter carrier Dina Schueller, 33, of Saranac. Now her husband has been laid off from his construction job, and her brother moved to Maryland for work. Like many left-behind Michiganders, she'll be seeing fewer family members this season. "Christmas was always his favorite holiday," she says of her brother. "He was always the first...
...that just about does it for me. I'd add the bracing moment of Bush with the bullhorn in the ruins of the World Trade Center, but that was neutered in my memory by his ridiculous, preening appearance in a flight suit on the deck of the aircraft carrier beneath the "Mission Accomplished" sign. The flight-suit image is one of the two defining moments of the Bush failure. The other is the photo of Bush staring out the window of Air Force One, helplessly viewing the destruction wrought by Hurricane Katrina. This is a presidency that has wobbled between...
...other ships currently being held by pirates. This week has been particularly successful for piracy: Last weekend buccaneers captured a Japanese-operated chemical and oil tanker as well as a Saudi supertanker, which holds roughly $100 million worth of oil and is three times the size of an aircraft carrier. And let’s not forget the Ukrainian cargo ship, the Faina, which was captured in September while carrying $30 million of weapons and tanks. According to reports, the Faina’s owners have haggled the pirates down to $8 million in ransom from the original demand...