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...Grove's government is getting in on the act too, attempting to attract new businesses to the town, notably large health-care providers. "In five to 10 years," says Cody Tubbs, Elk Grove's interim city manager, "we think we will be the medical hub of South Sacramento County." Those efforts, plus the sharp reduction in housing prices, have created a new surge of interest in Elk Grove. The last residence we see on our tour is a 2,067-sq.-ft. (192 sq m) A-frame with four bedrooms and three baths for $282,000, down from...
Dale Carnegie Training--which teaches the self-improvement techniques in Carnegie's landmark 1936 book, How to Win Friends and Influence People--is one of several institutes that have opened shop in this high-tech hub to teach India's legions of ambitious IT graduates the finer points of life in the modern workplace. "I was overwhelmed when I moved to Bangalore last year. I saw all these people who looked so smart and spoke perfect English," says Pallavi Deshpande, 28. Her college in the central Indian city of Nagpur had given her a master's degree in computer science...
...wasn't a roaring success. And I think they'll find the same thing here. I don't know how long it will take, but I'm more confident than ever that the U.S. market will open up, and when it does, we will be right at the hub of it. It's frustrating to us that people in the U.S. can't access Betfair. But we go out of our way to make sure they can't because the law is the law and we will always respect that...
Branson does not accept that idea. Virgin, he says, can succeed where discount and traditional carriers have failed, by offering something different: a hybrid that delivers good service at a reasonable price and eliminates the hub-and-spoke approach that creates mayhem whenever the weather sours. He has convinced his investors, who have so far put $312 million in capital into Virgin America, that this model can work in the U.S. "We're going to shake up the market," he says. Branson expects Virgin America to be profitable within two years. He has done this before: both his British...
...what it does differently: [This article contains a table. Please see hardcopy of magazine.] BIG U.S. AIRLINES VIRGIN AMERICA In-flight service Delete some services. Charge as much as you can for the rest Charge for the things that enhance the trip, like good food Routes Lose money on hub-to-hub flights. Earn it on the feeder business Fly point to point to cities with high business and leisure traffic International links Try to create seamless global travel through alliances or investments One brand, many airlines, each tailored to its local market