gtownrat

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Lululemon: No demo needed to return yoga pants

NEW YORK (AP) — Lululemon said Wednesday that no demonstrations are needed to return black Luon yoga pants that the company pulled from shelves last week after finding that they were too sheer.<p>"We do not require guests to demonstrate the sheerness of their bottoms," Sari Martin, a Lululemon …

Moody’s: Here’s what Cyprus’ exit from the euro zone would look like

Credit rating firm Moody’s is out with another quick note on the Cyprus situation, ahead of the planned reopening of the troubled island nation’s banks Thursday. The takeaway: The risks of Cyprus leaving the euro zone are on the rise. “While the risk of a euro exit by Cyprus is substantial, Moody’s …

Court approves American Airlines-US Airways merger

A judge on Wednesday approved AMR Corp's plan to merge with US Airways Group , a step toward creating the world's largest airline.<p>AMR, parent of American Airlines and in bankruptcy since November 2011, must still construct a formal restructuring plan incorporating the merger that meets court and …

Airline mergers: Which aircraft maker wins? | Marketplace.org

Jon Hamm’s Rolling Stone Cover Shoot: Behind the Scenes

With the April 7th premiere of <i>Mad Men</i>‘s sixth season just around the corner, leading man Jon Hamm graces the cover of the next issue of <i>Rolling Stone</i>, …

The Quants and the Airlines Versus the Public

Baggage fees are a small part of the misery of American air travel. There’s also connecting flights, which, to paraphrase the Nuremberg judgment, …

Targeting Multinationals, the OECD Launches New Scheme to Boost the Tax Burden on Business

I’ve been very critical of the Organization for Economic Cooperation and Development. Most recently, I criticized the Paris-based bureaucracy for making the rather remarkable assertion that a value-added tax would boost growth and employment.<p>But that’s just the tip of the iceberg.<p>The OECD has …