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

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WSJ Original article ›
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International arrivals to the US that were still down by about 35% in June last year over the pre pandemic levels of 2019, are going to be only about 20% below prepandemic 2019 levels this summer 2023. The cost of gasoline for people in the US is about $3.57 a gallon compared to $4.60 last summer. Justin Lahart in WSJ says Americans with steady checks and low unemployment are willing to spend on trips this summer. Among Americans about 40% still avoided travel by airplane, train or subway in 2022. This is now down to 18% or less in 2023.

Traditional vacations are up as old style remote work vacations are receding. Marriott, Hilton and other hotels, and airlines report strong demand. Older people who spend more are also joining the trend this summer leading to higher spending. This may even help the US avoid a recession, says Lahart.

WSJ Original article ›
LyrArc Article Gist
About 30% of recent postings are for hybrid work at Boeing and it favors remote and hybrid work. It helps to reduce cost by trimming payrolls and cutting office space to return to cash flow and profitability. The leader of America's largest aerospace company Mr. Calhoun says headquarters is himself and CFO Mr. West. Calhoun is CEO of Boeing since 2020, and has run the company using remote work. He sees the company as distributed all over the US. Its headquarters shifted twice from Seattle to Chicago, and then to Virginia outside Washington D.C. He says about this that 70% of his day is virtual no matter where he is because he runs a large distributed company that Boeing is today. Many factories are in the Seattle area, suppliers in many locations. Calhoun has homes in the Hilton Head area, and near Lake Sunapee in New Hampshire. Boeing says it is a different approach to get employees to travel to many locations and engage people rather than be tied up at a corporate headquarters.  ...
France 24 Original article ›
LyrArc Article Gist
France's high speed train network SNCF and its new trains TGV m are the focus of French Connections series in FR24. It is a great success for France as it connects 230 cities across France and decentralizes the country making remote areas reachable in hours. 770 kms Paris Marseille is covered in 3 hours. It has transported about 3 billion passengers since its founding in 1981 under Francois Mitterand. 122 million people traveled on TGV trains in 2023, and this is increasing by 20% a year. The trains travel at 350 kilometers an hour and are capable of over 500 kms per hour. For countries like India this is very useful to know as the first bullet trains based on Japanese technology are being built for route Bombay- Ahmedabad- Jaipur- Delhi. It shows that if it worked so well in France it can work well in the US or India. In India it could transport many times the 122 million in France and connect remote regions exceeding 1000 kms. Madras Srinagar is 3000 kms or 1900 miles. Imagine this being done in 7 hours at 400 kms per hour. It would really decentralize India. Same for the US for Austin Texas to Boston Massachusetts 1600 miles in 7 hours. It would better integrate communities in the US that are far apart socially.   ...

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