But for the technology companies that started out with this same goal to innovate and make things better for people, it seems as if the fate that befell the auto, airline and phone industries is destined to happen here, too.
TECHCRUNCH Tech Giants Get Too Big for Fun | Companies like Apple and Google, which began with tinkerers and innovators, have become so large that they resemble the giants of the auto, airline and phone industries, writes Nick Bilton in The New York Times.
The defendants, from Ford to Hertz to Marriott, are mostly auto, airline or hotel companies with big reservations systems.
Mr. Nikonov was referring to Boris A. Berezovsky, a tycoon with interests in autos, airlines, newspapers and television, who tried to organize political opposition to Mr. Putin last year.
In your stock portfolio avoid deep cyclicals (autos, airlines, steel, heavy machinery) and other issues heavily dependent on riding a robustly growing economy.
Mr. Bryant is a deputy national editor whose previous assignments included coverage of the auto and airline industries.
Known as the guaranteed income stream (GIS), this plan was designed to guarantee employees 50 percent of their hourly rate of pay until age 62. GIS programs were widely used during the economic slump of the early 1980s, when many labour settlements used it to provide income stability to workers in the auto, steel, airline, and other industries.
"Long-term investors in the telecom space need to be concerned about the huge liabilities these companies face," the report warned, "and look at the auto, steel, airline and other industries for a taste of what could be".
Big money will have to spent one way or the other on transportation, but this is the way that does not benefit the oil, auto, and airline industries which want to kill high-speed rail before it gets started in this country.
Nobody lets auto dealers, airlines, hardware stores or an array of other businesses sell their wares without a price on the window, the ticket or the tag, but Wall Street is still getting away with obscuring prices in the derivatives market.
Some industries, notably autos and airlines, are struggling in a healthy economy.
