Tag: competition

Hostess Brands — already in bankruptcy — has decided to shut down because one of its unions refused to end a strike.

8:55 am

Be careful what you wish for: Hostess Brands — already in bankruptcy — has decided to shut down because one of its unions refused to end a strike.

The closing will result in Hostess’ nearly 18,500 workers losing their jobs as the company shuts 33 bakeries and 565 distribution centers nationwide, as well as 570 outlet stores. The Bakery, Confectionery, Tobacco Workers and Grain Millers International Union represents around 5,000 Hostess employees. “We deeply regret the necessity of today’s decision, but we do not have the financial resources to weather an extended nationwide strike,” said CEO Gregory Rayburn in a statement.

So, because 5,000 union workers wanted more from a company that had nothing more to give, 18,500 lose their jobs, including those same union workers.

Sounds sensible, and right in line with most leftwing math.

5 comments

Boeing to cut 30 percent of its management ranks.

2:20 pm

Boeing to cut 30 percent of its management ranks.

This could be good news for the company. If they do this right, they will reduce their costs without hurting their ability to produce. That they made this announcement today, the day after the election, and that the cuts mostly involve their defense work also suggests it is linked to sequestration, despite the company’s denial.

5 comments

Sierra Nevada is moving its mini-shuttle, Dream Chaser, into its own facility.

8:43 am

Sierra Nevada is moving its mini-shuttle, Dream Chaser, into its own facility.

This article isn’t really as positive as I’d like. For one, they haven’t even signed the lease for the building. Instead, it appears that the company is using this announcement, and the subsequent media coverage, to pressure the local city council to provide them subsidies. For another, the article mentions that drop tests of Dream Chaser will occur next spring, a significant delay from previous announcements. Both points make things appear far more tenuous than they should be.

2 comments

One of the major backers has pulled out of a solar energy power plant plan for Africa and the Middle East.

9:31 am

One of the major backers has pulled out of a solar energy power plant plan for Africa and the Middle East.

“We see our part in Dii as done,” says spokesman Torsten Wolf of Siemens, one of 13 founding partners of the consortium, which is also based in Munich. Siemens also said that it will pull out of the solar-energy business altogether. Its decision was made in response to falling government subsidies for solar energy and a collapse in the price of solar equipment. But to DESERTEC’S critics, Siemens’ exit also adds to doubts about the plan, which is expected to cost hundreds of billions of dollars. “DESERTEC is an ambitious attempt to do every­thing at once,” says Jenny Chase, an analyst at Bloomberg New Energy Finance in Zurich, Switzerland. “I think it’s something that will be achieved organically, bit by bit, which will probably be cheaper, easier and achieve the same results.” [emphasis mine]

The cited reasons suggest some fundamental problems with this particular project. That Siemens is abandoning the solar energy entirely, citing the lose of government subsidies as one reason, also suggests there is something fundamental wrong with the industry itself.

Then again, it could be just like the new commercial space industry. Some companies are willing to take the risks to make the money even without subsidies, while others are not.

3 comments

For the second time, a Progress freighter has launched and, after only four orbits, docked with ISS.

9:09 am

For the second time, a Progress freighter has launched and, after only four orbits, docked with ISS.

This was the fourth Progress launched this year, the second to follow an abbreviated four-orbit rendezvous with the space station. Russian flight controllers normally implement two-day rendezvous profiles, but they are perfecting procedures for single-day flights for possible use with manned Soyuz missions to shorten the time crews are forced to spend in the cramped ferry craft.

The Russians have used the leisurely two-day rendezvous path now for almost a half century. So, why are they suddenly trying to shorten the travel time to ISS to six hours? Though there are many good engineering reasons, I also suspect it is because they are now feeling the pressure of competition. The shorter travel time probably lowers their costs at mission control. It also makes using the Soyuz for manned flights more appealing. Dragon for example is presently using the two-day rendezvous path. And Dragon will soon become a direct competitor to Soyuz, when it begins flying humans in the next three to five years.

12 comments

It appears that NASA is at the moment unconcerned should the investigation into the Falcon 9 engine failure on October 7 cause a delay in the next Dragon supply mission to ISS.

9:06 am

It appears that NASA is at the moment unconcerned should the investigation into the Falcon 9 engine failure on October 7 cause a delay in the next Dragon supply mission to ISS.

The supply cache delivered to the station in early to mid-2011 by the now-retired space shuttle placed the six-person orbiting science lab on a firm footing well into 2013, according to Mike Suffredini, NASA’s space station program manager. “The launch date itself, in January, is not really critical to the program from a supply standpoint,” Suffredini told an Oct. 26 news briefing. “So we have some flexibility.”

In the short run a delay here would not be critical. A long delay, which is unlikely, would however not be good for operations on the station, and illustrates why it is very important to get the Orbital Sciences’ Cygnus cargo capsule up an running as soon as possible.

1 comment
1 … 455 456 457 458 459 … 472