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Monthly Archives: November 2013

Monopolistic takeoff: US Airways and American Airlines get final merger approval

Image via Flyertalk   Despite efforts from the American antitrust division –who filed a lawsuit to block the merger in August–, the U.S. Justice Department has approved the last hurdle of a merger that will form the largest airline in the world.1 The two companies have noted that customers are unlikely to see any noticeable short-term changes, but the monopolistic effects of the newly formed company could be substantial. For instance, the Justice Department’s antitrust division emphasized “that competition would decline […]

Sustainable Entrepreneurship in Action

Image by Yahoo Auto via Entrapreneur   A 3-D Printed Hybrid Electric/Gas Car that can drive across the U.S on 10 gallons of gas? Talk about impossible. Yet this is exactly what entrepreneurs Cody and Tyler Kor have created: A three-wheeled, aerodynamic car that needs just 10 gallons for a 44 hour, 2,900-mile journey from New York to San Francisco and back. If this wasn’t enough, the local 3-D printing process ensures that the vehicle is relatively affordable ($16,000-$50,000 depending […]

BlackBerry abandons deal; CEO Thorsten Heins fired

  Image by Shannon Stapleton via the Star   In a shocking turn of events, BlackBerry Ltd. is abandoning a proposed sale to Fairfax, andwill instead raise about $1 billion from investors, while replacing its CEO. 1 As part of the new agreement, former Sybase AG CEO John Chen will assume BlackBerry’s top position. Reaction was mixed within the BlackBerry community, with Chairwoman Barbara Stymiest saying “today’s announcement represents a significant vote of confidence in BlackBerry” and that the “pursued the […]

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