Former American Airlines CEO Bob Crandall on Thursday said he doesn't believe consolidation will save the airline industry. "Mergers will not lower fuel prices, they will not increase economies of scale for already sizable major airlines. They will require major capital expenditures and are likely to increase labor costs," Crandall said. Crandall made the remarks at The Wings Club in New York.
Oregon hopes to increase an impressive recycling rate with changes to its decades-old bottle bill. A new proposal is calling for a quarter deposit on alcohol bottles and a nickel deposit on noncarbonated beverage bottles and cans.
There is no set formula to determine how different people will react to caffeine intake, but researchers say that genes as well as environmental factors -- such as the use of some medications -- may increase sensitivity to the ingredient.
Companies are pledging to revamp their environmental practices, particularly in terms of reducing carbon footprints. Coca-Cola has gone one step further, with CEO Neville Isdell promising that the company will become "water neutral," meaning it will return the water it uses back to the earth, recycle or participate in conservation efforts.