Tags: Industry

Thanksgiving travelers told to ‘be nice’ as all-time passenger record set to be broken

Busy roads and crowded skies are as much a part of the holiday season as turkey and pumpkin pie. And as travel industry chiefs hope to avoid the sort of meltdowns that have marred previous Thanksgivings, they are also urging the public not to resort to abuse when dealing with inevitable flight delays. “If you’re…

Locked down: stores struggle to deter rising thefts

The smartest insight and analysis, from all perspectives, rounded up from around the web: Retailers are blaming rampant shoplifting for their shrinking bottom lines, said Hamza Shaban in Yahoo.com. “In waves of earnings calls” last week, major store chains like Dick’s Sporting Goods, Target, Macy’s, Home Depot, and Dollar Tree took pains to mention “the…

Is Google’s looming monopoly trial a watershed moment for Big Tech?

Given the ubiquitous profile that Google — and its evolved corporate umbrella entity Alphabet — enjoys across multiple industries today, it can be easy to forget that the company whose very name has become synonymous with the act of looking things up online has only been around since 1998. In that time, Google has gone from…

Medicare drug price negotiations start with 1st 10 drugs, pharmaceutical industry lawsuits

The Biden administration on Tuesday unveiled the first 10 drugs subject to Medicare price negotiations, promising billions of dollars in savings for the federal government and the nine million Medicare beneficiaries taking at least one of the popular medications. Medicare has been banned from directly negotiating lower drug prices since 2003, but the Inflation Reduction…

Is Google’s looming monopoly trial a watershed moment for Big Tech?

Given the ubiquitous profile that Google — and its evolved corporate umbrella entity Alphabet — enjoys across multiple industries today, it can be easy to forget that the company whose very name has become synonymous with the act of looking things up online has only been around since 1998. In that time, Google has gone from…

Sky-high prices for luxury rooms

The smartest insight and analysis, from all perspectives, rounded up from around the web: Sky-high prices for luxury rooms Hotel prices are rising to unprecedented heights, especially for five-star stays, said Nikki Ekstein in Bloomberg. Prices at brands like Holiday Inn and Best Western have risen 19% in the U.S. and 32% in Europe since…

Amazon slashes its way to higher profits

The smartest insight and analysis, from all perspectives, rounded up from around the web: Amazon reminded investors last week that it’s no Big Tech afterthought, said Spencer Soper in Bloomberg. The retail giant “pulled off a financial double play this earnings season,” generating big earnings growth while cutting spending. The results sent shares soaring to…

Maui travel and the ethics of tourism

Hawaii’s historic wildfires have caused devastation throughout Western Maui, and more than 1,000 people are missing while another 100 have died, per Axios. Because of this, locals have been vocal about restricting tourism, especially while search and rescue operations are underway, encouraging tourists to cancel their trips. However, many Hawaii natives have been against tourism in…