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United Airlines announced its competition to select a town for a new billion –dollar aircraft-repair base. The bidding for the prize of 7,500 jobs paying at least $25 per hour was fast and furious, with Orlando offering $154 million in incentives and Denver more than twice that amount. Kentucky’s governor angrily rescinded Louisville’s offer of $300 million, likening the bidding to “squeezing every drop of blood out of a turnip.”
When United finally selected, from among the 93 cities bidding on the base, the winner was Indianapolis and its $310 million offer of taxpayer’s money. But in 2003, with United near bankruptcy, and having fulfilled is legal obligation, the company walked away from the massive center. This left the city and state governments out all that money, with no new tenant in sight. The city now even owns the tools, neatly arranged in each of the 12 elaborately equipped hangar bays. United outsourced its maintenance to mechanics and a Southern firm, which pays a third of what United gave out in salary and benefits in Indianapolis.
What are the ethical, legal and economic implications of such location bidding wars? Who pays for such giveaways? Are local citizens allowed to vote on offers made by their cities, counties, or state? Should there be limits on these incentives?
Troll Brothers' stock, which currently sells for $120 a share. The company is about to declare a 2-for-1 stock split. Which of the following best describes your likely position after the split?
A circuit board that has a surface area of 45 cm2 is being fan cooled with 25° air to have a heat transfer coefficient of 5 W/m2-K. What is the maximum power that can be dissipated and keep the surface temperature below 30C?
The largest fish exporting region in the world is
The administrators of Kent Company's pension plan decided to use the pension plan assets to purchase the company's stock to help defend the company against a hostile takeover by PWS Co.; the administrators were major shareholders of Kent Co.
Your lectures in the first half of our course provided a good overview of the evolution of healthcare since America became a nation. Briefly describe healthcare in the United States from the early 1900s through the World Wars.
Analyze the ways health care is changing and predict which issues will pose the greatest challenges 20 years from now. Provide specific examples to support your response.
In United States, we are fortunate to have an abundant supply of food, and much of this is because of our agricultural technology. However, there're many concerns about our food source
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During the Gulf War, the Special Troop Battalion (STB) of the U.S. Army armored brigade moved into Kuwait, not far behind the armored battalions. Battles and skirmishes with Iraqi armor and infantry were in progress. Several kilometers away, U.S. air..
Explain how color is used for different purposes in each movement: Impressionist, Expressionist, and Fauve Explain what the artists were trying to achieve through their use of color. Give some background on notable artists for each movement: Impressi..
Look at the following table that classifies animals that live in water according to certain prperties. Make a venn Diagram where the circles represent the different properties. Make sure that your diagram displays the sets appropriately as disjoint, ..
Social science is best defined as the: How well the people selected to complete the General Social Survey actually reflect the larger U.S. population is a question of:
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