VIDEO ON MSN MONEY
What about TWA, Pan Am, Braniff, People's Express and Eastern. Pan AM and TWA were the first real American casualties of terrorism, Eastern of corporate and union greed, People's Express committed suicide because they grew too fast and didn't have a reservation system, and Braniff.....who remembers why Braniff failed other than they were out of money. Airplane manufacturers McDonald Douglas and Lockheed succumbed to Airbus, the illegally subsidized European aircraft maker that the American government allowed to prosper without objection to the subsidies, standing idly by as one after another of the American manufacturers failed. Well, that and both companies played "You Bet Your Company" with the L-1011 and the MD-11 and lost.
Many others in different industries that were subsidized also failed, but its is the ones that just failed that we miss the most.
Copyright © 2014 Microsoft. All rights reserved.
[BRIEFING.COM] The stock market ended the holiday-shortened week on a mixed note as the Dow Jones Industrial Average shed 0.1%, while the S&P 500 added 0.1% with seven sectors posting gains.
Equity indices faced an uphill climb from the opening bell after disappointing quarterly results from Google (GOOG 536.10, -20.44) and IBM (IBM 190.04, -6.36) weighed on the early sentiment. Google reported earnings $0.15 below the Capital IQ consensus estimate on revenue of $15.42 ... More
More Market News
|There’s a problem getting this information right now. Please try again later.|
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'