Audi has seen a near tenfold growth in the past 20 years, and the company has also become the new status car for young urban professionals. That's reflected in a viral marketing campaign featuring Justin Timberlake, who's a decade younger than his celebrity counterpart at Chrysler, Eminem.
Across debt-ridden Greece, people are turning to a simpler form of commerce, using both formal and informal systems of bartering as a means to make ends meet. In places such as the fishing village of Volos, swapping goods and services is also fostering a new sense of community.
American Airlines is the latest airline to file for Chapter 11 bankruptcy protection. Bankruptcy filings seem almost commonplace within the industry these days, in part because the stigma has largely disappeared.
Founded in the 1970s in India to eliminate needless blindness, Aravind Eye Care has grown to 4,000 beds in seven hospitals — and its surgeons are among the most efficient in the world. The hospital system conducts 300,000 surgeries a year, and about half are free.
American Airline's parent company AMR has filed for bankruptcy protection. American will continue to operate its flights as usual. The airline will use bankruptcy to off-load some of the debt that is weighing it down.
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