Sunday, August 31, 2014

Why Students Aren’t Going to College Football Games

With college football ticket prices soaring and expanded conferences leading to less exciting matchups, fans—students in particular—are more likely to watch games from home.

Houston football fans singing the National Anthem
There’s no denying that college football is a hugely successful business enterprise, arguably the second-biggest, most popular sport in the U.S. right now (after pro football in the NFL). But there’s one glaring crack in the armor that college football conferences and storied college programs have been struggling with for years: Fewer and fewer fans are actually buying tickets and attending games in person.

Scientists: Solar system inside a searing gas bubble


(CNN)
 -- Ever feel like you live in a bubble?
You do. We all do.
Our whole solar system appears to, say space scientists, who published work last month corroborating its existence.
And, oh, what a bubble it is: About 300 light years long (about 1,764,000,000,000,000 miles), and its walls are made of hot gas. How hot? About a million degrees.
It's called the "Local Bubble" or "local hot bubble" and is shaped a little like a peanut.
Scientists believe it was formed by supernovas, the largest explosions in space, as NASA calls them, that occur when a large star blows up.
One supernova blasts out more energy in less than a second than our sun gives off in a million years, NASA says. A single explosion can outshine an entire galaxy.

Qantas feels the squeeze (*Airlines a Canary in the Coal mine, for the health of the Economy?

Turbulent times for ailing Qantas after record loss


(CNN) -- Australia's ailing flag carrier was sent into a tailspin Thursday, as the airline reported its biggest ever loss.
In its latest report, Qantas revealed an after-tax net loss of $2.6 billion (A$2.8 billion) for the year to June 30, with the cumulative effect of high fuel costs, falling demand, and a massive writedown of its international fleet blamed.


"There is no doubt today's numbers are confronting, but they represent the year that is past," said Qantas CEO Alan Joyce, who added that he predicted a return to underlying profitability in 2015.
"We have now come through the worst. With our accelerated Qantas Transformation program we are already emerging as a leaner, more focused and more sustainable Qantas Group."

Malaysia Airlines slashes 6,000 jobs in major restructuring

Malaysia Airlines slashes 6,000 jobs in major restructuring


Malaysia Airlines has cut 6,000 jobs as part of a wide-ranging overhaul that follows the loss of two aircraft earlier this year.

State investor Khazanah, which owns nearly 70% of the carrier, revealed the 30% workforce reduction on Friday. Khazanah also announced the creation of a new corporation that will absorb the majority of the carrier's assets.