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THIS summer America has experienced some of the most intense heatwaves in decades. In parts of southern Arizona the mercury has climbed to a sweltering 48°C. That has had an impact on the state's infrastructure. Last month, a single day's heatwave grounded dozens of planes. As global temperatures climb higher, such incidents are likely to increase.Climate change could have a dramatic impact on aviation across the world, according to a recently released paper by a team from Columbia University and Logistics Management Institute, a consulting firm. The researchers predict that as early as the middle of the century, some 30% of flights departing during the most blistering parts of the day will not be able to take off at their maximum weight because the hotter, less dense air will not provide enough lift.Of the 19 airports examined, Dubai and LaGuardia in New York are expected to see some of the worst effects. During the harshest...Continue reading
THREE years ago, Ryanair, Europe's biggest budget airline, made the sudden decision to be nicer to its customers. Before that, brusqueness had been part of its strategy. Fares were low, but check-in staff were famously ruthless. One family was charged €600 ($701) to print their forgotten boarding passes (“idiots” according to Michael O'Leary, the airline's boss, when they complained). Gatekeepers would obsessively check carry-on bags, demanding huge fees for those a smidgen over the limit. That culture started at the top. Mr O'Leary liked to berate his passengers, the second their expectations rose. “You're not getting a refund so fuck off. We don't want to hear your sob stories. What part of 'no refund' don't you understand?", he once told them.It was a highly successful, perhaps even clever, strategy. The airline went from being an insignificant Irish operator to Europe's second largest carrier after Lufthansa, regularly reporting juicy profits. Every time Mr O'Leary mooted the idea of installing...Continue reading
ON JULY 1st Hong Kong marked 20 years of mainland rule with a rare visit from Xi Jinping, the Chinese president. Mr Xi arrived on an Air China flight from Beijing. The next visit by a Chinese president is unlikely to take place until 2022, when Hong Kong will be half way through its 50-year transition period between British and Chinese rule. Then, perhaps, he will travel by high-speed rail, and arrive at a smart terminal being built in West Kowloon.Hong Kong is in the midst of an infrastructure-building boom. Work on a third runway at Chek Lap Kok airport began last year. Just outside, the finishing touches are being made to a 40-kilometre (25-mile) bridge-and-tunnel road linking Hong Kong, Macau and Zhuhai. And by next year a new rail line will connect Hong Kong to Guangdong and the rest of China's high-speed network.Trains on the “XRL” can travel up to 350km/h (although it is estimated that it will take 14 minutes to travel the 26km between Kowloon and Futian, making the actual speed more like 110km/h at first)....Continue reading
FIVE years ago, Mario Draghi, head of the European Central Bank, pledged to do “whatever it takes” to save the euro. At the time, many people were predicting that the euro zone would break up. But Mr Draghi pulled off the trick; no countries have left the single currency. Borrowing costs have come down and even Greece has been able to tap the markets.Keeping the euro together may have been the aim of the game, but was it worth it? As M&G, the fund management group, points out, the record has been mixed. Economic growth has rebounded to a respectable 1.5% year-on-year. This is not stellar but it is hard for the euro zone to grow rapidly when its population is ageing; the IMF suggests a greater proportion of older workers may weigh on productivity growth. Of course, the euro zone could get more of the current...Continue reading
Today's category: TechnologyThe Phone A young man wanted to get his beautiful wife something nice for their first wedding anniversary. So he decides to buy her a cell phone. She is all excited, she loves her phone. He shows her and explains to her all the features on the phone. The next day the wifey goes shopping. Her phone rings and it's her husband, "Hi hun," he says "how do you like your new phone?" She replies "I just love it, it's so small and your voice is clear as a bell but there's one thing I don't understand though." "What's that, baby?" asks the husband. "How'd you know I was at Wal-Mart?"View hundreds more jokes online.Email this joke to a friend
When Dogfish Head created a hit beer, it did what seemed crazy at the time: It turned down sales.
Through careful planning and intentional living, your business can survive through some of the toughest obstacles life throws your way.
Bigger business can mean bigger profits, but that shouldn't be your end goal.
Working lean in startup mode should not end when your business has moved to the next stage in its lifecycle.
Be careful not to become the kind of owner afflicted with "shiny object syndrome."
Nobody goes from start to success without getting knocked back hard at least once.
It takes physical effort, technology and the right mindset to effectively manage everything there is to do.
Today's category: MiscellaneousSign of the Times - Plumber "We repair what your husband Fixed." - On the trucks of a local plumbing company in NE Pennsylvania "Don't sleep with a drip, call your plumber." - Pizza shop slogan "7 days without pizza makes one Weak." - At a tire shop in Milwaukee: "Invite us to your next blowout." - Door of a plastic surgeons office: "Hello, can we pick your nose?" - Sign at the psychic's Hotline "Don't call us, we'll call you." - At A Laundry Shop "How about we refund your money, send you a new one at no charge, close the store and have the manager shot. Would that be satisfactory?" - At a Towing Company: "We don't charge an arm and a leg. We want tows." - Billboard on the side of the road "Keep your eyes on the road and stop reading these signs." - On an Electricians truck "Let us remove your shorts." - In a Nonsmoking Area " If we see smoking we will assume you are on fire and take appropriate action." - On Maternity Room Door "Push, Push, Push." - At an Optometrists Office "If you don't see what your looking for you've come to the right place." - On a Taxidermist's window "We really know our stuff." - In a Podiatrist's office "Time wounds all heels." - On a Butchers window "Let me meat your needs." - On a fence "Salesman Welcome, Dog food is expensive." - At a car Dealership "The best way to get back on your feet - miss a car payment." - Outside a Muffler Shop "No appointment Necessary, we hear you coming." - Outside a Hotel "Help! We need inn-experienced people." - On a desk in a reception room "We shoot every 3rd salesman , and the 2nd one just left." - In a Veterinarians waiting room "Be back in 5 minutes, Sit ! Stay! " - At the Electric Company "We would be de-lighted if you send in your bill. However, if you don't you will be." - On the door of a Computer Store "Out for a quick byte." - In a Restaurant window "Don't stand there and be hungry, come on in and get fed up." - Inside a Bowling Alley "Please be quiet, we need to hear a pin drop." - In the front yard of a funeral home "Drive carefully, we'll wait." - In a counselors office "Growing old is mandatory, growing wise is optional.View hundreds more jokes online.Email this joke to a friend
The bigger your company grows the more fancy titles there are that have nothing to do with taking care of your customers.
You got the job -- now what?
JJ Ramberg and Stephen Van Deventer discuss foundations of good business, young entrepreneurs and building your company's dream team.
Learn how this entrepreneur's resilience and passion got him to where he is today.
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