In answer to the question my colleague Nikki Sein posed, “Can things get worse for the cruise ship industry?” If Costa Cruises’ most recent debacle is any indication, the answer […]
Oil refiner Calumet Specialty Products announced last Thursday that co-founder William Grube will be promoted to executive vice chairman, leaving an opening in the CEO position. Bill Hatch, a retired CITGO executive, has been hired as the interim CEO while the company employs executive recruiter Spencer Stuart to assist in the ongoing search for a permanent CEO. Both Grube and Hatch begin their new positions on April 1.
March 16, 2015
In an update last week, Dun & Bradstreet editor Adam Anderson detailed how Southwest Airlines‘ simple approach (low cost, no frills) — combined with a steep decline in fuel and oil prices — led to milestone revenue and net income in 2014. It reported revenue of $18.6 billion last year, with net income of $1.1 billion. A key to future growth for the airline is international service; in 2014 the company launched service to Jamaica, Aruba, and the Bahamas, with plans this year for service to Costa Rica and Belize, among other destinations. Follow Adam on Twitter.
March 30, 2015
More millennials are choosing US trade schools over traditional four-year colleges after high school, which may ease the growing demand for skilled trade workers. As college costs soar, many students want to avoid hefty student loans debt. Trade school graduates who become electricians and plumbers can earn salaries that are as high or higher than the average college graduate’s paycheck, according to NPR. For more industry trends, please see our Education & Training Services profile.