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But Delta delivered for its employees. Delta people got jobs for life; the company had not laid off a soul in 34 years. There had been no BOHICA, no concessions, no b-scales. Delta paid its people exceptionally well, not only by the standards of the low-wage southern United States but by airline industry standards as well. On the initiative of the
... See moreThomas Petzinger Jr. • Hard Landing: The Epic Contest for Power and Profits That Plunged the Airlines into Chaos
Fujiyama Glass
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David Shepardson • GM, travel operator Pilot to develop EV charging network
The largest employer in Memphis today is FedEx. It was founded by Frederick Smith in 1973. Smith, who was from nearby Marks, Tennessee, decided Memphis was an ideal location. It is near the center of the country but, unlike the Midwest, doesn’t frequently suffer inclement weather. He came from a business family—his father had been one of the founde
... See moreImani Perry • South to America: A Journey Below the Mason-Dixon to Understand the Soul of a Nation
Less familiar to Western analysts is Idemitsu Kosan, but it is a significant player in the Japanese petrochemical sector. It operates four major refineries and three integrated chemical complexes in the country and generated more than $60 billion in revenue in the past twelve months.
Between August 1, 1917, when the old General Motors Company became the General Motors Corporation, and December 31, 1962, the number of employees increased from 25,000 to over 600,000 and the number of shareholders from less than 3000 to more than one million. The corporation expanded its sales of cars and trucks produced in the United States and C
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