World News Insights
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Browse Articles or use Lyrarc's US patented "Groups" and "Links" for new insights. A Lyrarc Group of Articles on a topic gives insights into particular angles shown in the Group Title. A Lyrarc Link shows more specific insights for 2 articles.

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LyrArc brings in selected articles from many of the world's top publications.

Articles are selected by experts and you can see the gist of the important articles.


New York Times Original article ›
LyrArc Article Gist
Jet Blue's new Terminal 5 at Kennedy cost $750 million and ready to handle the 28 percent of passengers of the 47.7 million who used Kennedy airport last year. Security should take no more than 10 minutes with the 20 lanes and ample space provided. Its designed from scratch to be comfortable and to look and be minimally intrusive and offer a better experience to passengers.
Wall Street Journal Original article ›
New York Times Original article ›
LyrArc Article Gist
Instead of a car czar Obama will have aPresidential panel oversee the restructuring of GM and Chrysler. This panel will be overseen by Geithner and Lawrence Summers.Ron Bloom, arestructuring expert, who advised the airlines and the steel industries unions in their restructuring will be named asenior adviser to Treasury on the auto restructuring. And the President will remain involved reserving for himself any decisionon the viability of GM and Chrysler.
Wall Street Journal Original article ›
Wall Street Journal Original article ›
New York Times Original article ›
Wall Street Journal Original article ›
New York Times Original article ›
LyrArc Article Gist
Indonesia's Lion Air makes an order of $24 billion new single aisle jets from Airbus. Lion Air ordered 234 A320 and A321 series jets. This includes 60 of this generation A320s and 174 of a new series of A320 and A321 aircraft with more fuel efficient engines. Deliveries will begin in 2014 with the planes averaging $92 million to $117 million at list prices.
Washington Post Original article ›
New York Times Original article ›
New York Times Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
New York Times Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
US Airways is gradually turning the corner, with improved results of $1.48 a share for the full year expected. A $261 million loss for the current quarter. Improved occupancy ratings, aircraft capacity is better utilized. US Airways merged with America West and is consolidating systems.
New York Times Original article ›
Yahoo Finance Original article ›
LyrArc Article Gist
As David Calhoun steps down from Boeing following the stepping down of the previous CEO Muilenberg, both for quality issues at Boeing this report in Yahoo Finance by Allan Sloan shows the effects of the accounting training and lack of awareness and conviction to put Quality uppermost. Calhoun joined GE at the time when Jack Welch was running the company. The book by David Gelles looked at Welch's period at GE with concern because of the use of accounting methods and finance businesses to make results look better- "How Jack Welch Gutted the Heartland, and Crushed the Soul of Corporate America." Over the decades in which one sees American manufacturing neglected one also sees the rise of executives in finance who ran companies in America that showed little interest in the hard work of manufacturing and surrendered leadership to first Japan and then China. Boeing CEO Calhoun is shown as another of the CEO's from GE who trained  under Welch who joined Boeing and other companies.The adjoining video in WSJ points this out after the Alaska Airlines incident and other incidents of flawed plane design and manufacturing- the basic problem being a lack of Quality and Worker and Quality practices Friendly Culture at Boeing. WSJ says three layers of quality checks are essentially worthless without a emphasis on worker training, on quality culture, cost cutting to get planes out the door, and lack of investment in Quality Control and Inspection. ...
New York Times Original article ›
LyrArc Article Gist
1209 N. Orange Street, Delaware, U.S.- the legal address of 285,000 U.S. businesses, including Apple, American Airlines, Bank of America, Coca Cola, Ford G.E., Google, Wal-Mart. Here they only have a drop box. Delaware has more public and private corporate entities than population- 945,326 to 897,934. Officials of many American states say these listings take away much needed revenue during a period of tight deficits and spending cuts on education, health care and infrastructure. The World Bank also points to problems arising from these listings.
Washington Post Original article ›
New York Times Original article ›
WSJ Original article ›
LyrArc Article Gist
The Trump administration is preparing direct aid to Americans and American industries hurt by the coronavirus epidemic. Each check will be based on family size and income, according to a Treasury Department memo seen by WSJ. The direct payments in two rounds will be on April 6 and May 18. This is part of a $1 trillion stimulus program. $50 billion lending facility is being setup for the airlines. Another $150 billion goes to distressed sectors in the economy. $300 billion will go to a small business interruption loan program, which will go to temporarily cover payroll costs for employees. The idea is to put a safety net and support workers who will need help while they are not working. The measures include two weeks of paid emergency leave for a large number of people. Money also goes to additional Medicaid funding, more money for food stamps, and for unemployment insurance program. Congress has passed the bill and president Trump is expected to sign it into law. Other bills will follow in Congress. A third economic package will cover additional needs of agencies of government, with $11.5 billion for Department of Health and Human Services, and Departments of Defense, Veterans Affairs, Homeland Security. All this is being done in Congress and by the Trump administration at top speed. ...
Wall Street Journal Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
New York Times Original article ›

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