Economy (page 149)

  • Post

    American Airlines defers its A350 order

    American Airlines held its quarterly earnings call on Friday. The company made a lot of money in the 2nd quarter, as you’d expect from an airline when the economy is doing pretty well and the price of oil is low. More interestingly though, the airline also announced that it…
    Michael Lowrey, July 26, 2016
  • Post

    Questioning urban planners’ assumptions

    UNC history professor Peter Coclanis reviews for the News & Observer Joel Kotkin‘s recent book challenging popular assumptions about urban dwelling. At first blush, it seems difficult to get a good read on American cities today. We hear a lot about blighted…
    Mitch Kokai, July 5, 2016
  • Post

    Happy Panama Canal expansion opening day!

    Make no mistake, this is a game changer in transportation, as larger container vessels will now be able to make use of the Panama Canal. Per the Charlotte Observer: “It’s a big deal for the industry and anyone who’s doing importing and exporting,” said Paul Cozza, executive director at…
    Michael Lowrey, June 26, 2016
  • Post

    Think organic food is better for you, animals, and the planet? Think again

    Björn Lomborg writing in the Telegraph: Essentially, organic food is rich people spending their extra cash to feel good. While that is just as valid as spending it on holidays, we should resist any implied moral superiority. Organics are not healthier or better for animals. To expand to…
    Michael Lowrey, June 13, 2016
  • Post

    Boeing ‘middle-of-market’ update

    From Dominic Gates of the Seattle Times: The airplane industry is abuzz with divided views on how Boeing should address a major strategic dilemma: What plane can it build to counter the A321neo, the largest of Airbus’ wildly successful new single-aisle jets? Boeing Commercial Airplanes chief Ray Conner told…
    Michael Lowrey, June 8, 2016
  • Post

    Tackling the ‘basic income’ argument

    James Pethokoukis of the American Enterprise Institute explores the notion of a “universal basic income.” Much of universal basic income’s allure lies in its elegant simplicity. Replace all welfare programs with government checks for all. At least that’s how it basically works in theory.
    Mitch Kokai, June 6, 2016
  • Post

    Barron’s ‘Economic Beat’ writer sees bad signs for economy

    Gene Epstein of Barron’s uses his latest “Economic Beat” column to parse the latest jobs data. An interest-rate hike at this month’s meeting of the Federal Open Market Committee has been tabled. Even worse, a question mark now looms over my own expectation that…
    Mitch Kokai, June 6, 2016
  • Post

    The future of fast food: Better apps, less workers

    Per the Charlotte Observer: Chick-fil-A has launched a new mobile app that lets customers customize their orders, pay ahead of time and skip the line at the register. Was this new app designed to counter the impact of higher minimum wage laws? Probably not. Does the new app though…
    Michael Lowrey, June 2, 2016