British Airways plan to spend $161 million on upgrading its near 10-year-old first-class cabins in a move to match the luxury standards on offer at Asian and Middle Eastern competitors. The revamp of the company’s Boeing Co 777 and 747 aircraft began this week.
The year 2010 will prove that Japan flips from deflation to something very different with the beginnings of debt monetization by the central bank which will spin out of control. The view is also maintained from PIMCO’s Paul McCulley, who said that the Bank of Japan should buy unlimited amounts of long-term government debt to lift the country out of a deflationary liquidity trap.
Customers, employees, shareholders, and taxpayers hate large corporations for many reasons. A study conducted by 24/7 Wall Street has looked at many of these issues to choose the 15 most hated companies in America. Some of them include AIG (top’s the list), Citigroup, Dell, United Airlines and K-Mart.