Bridesville.net Web News Archive

Steep Loss at American Airlines Illustrates Industry’s Woes (NYTimes.com via Yahoo! Finance) - The big loss at American shows how higher fuel prices are overwhelming the industry’s efforts to raise fares.

Manny Lopez: Courting of auto industry is fizzling (Detroit News) - If you believe the presidential candidates, Michigan's auto industry now matters.

3rd Taiwan Int'l Motorcycle Industry Show: Spectacular Visitor Stats & Purchases Underscore Industry Clout! (Business Wire via Yahoo!7 Finance) - Sponsored by the Bureau of Foreign Trade, Ministry of Economic Affairs, and organized by TAITRA (the Taiwan External Trade Development Council), the third Taiwan Int'l Motorcycle Industry Show (Motorcycle Taiwan) attracted a total of 1,013 international buyers and more than 20,000 local professionals and visitors. They packed the TWTC Exhibition Hall that was abuzz with business.

ETU calls for say in Vic power industry inquiry (ABC via Yahoo!7 Finance) - The Electrical Trades Union (ETU) says it wants input into an inquiry into Victoria's power industry, announced in the wake of this month's violent storms.

UK music industry gets even more desperate/unpopular - demands iPod tax (Tech Digest via Yahoo! UK & Ireland News) - The UK music industry needs your help - those yachts, limousines, expensive awards festivals and tax haven homes don't come cheap you know. So to help them keep a life of luxury, the trade body (the Music Business Group) wants a tax on iPods.

Music industry spent $2.8M lobbying federal government (AP via Yahoo! Finance) - The recording industry's trade group spent nearly $2.8 million pumping up the volume on its lobbying on Capitol Hill last year.

IndexAtlas Raising $50 Million For An Art Industry Fund; Investments To Include Media (CBS News) - Hedge funds that invest directly in art are sort of old hat by now, but here's something a little different: investment firm Index Atlas is looking to raise a modest $50 million PE fund specifically targeting the broader art industry, including auction houses and media firms. The announcement acknowledges that the art market is challenged right nowcheck out the 1-year chart of Sotheby's stockbut ...

IndexAtlas Raising $50 Million For An Art Industry Fund; Investments To Include Media (paidContent.org via Yahoo! Finance) - Hedge funds that invest directly in art are sort of old hat by now, but here's something a little different: investment firm Index Atlas is looking to raise a modest $50 million PE fund specifically targeting the broader art industry, including auction houses and media firms.

Property for Industry First-Quarter Profit Rises 10.5% on Rents (Bloomberg.com) - April 17 (Bloomberg) -- Property for Industry Ltd., an investor in New Zealand warehouses and factories, said first- quarter profit rose 10.5 percent on higher rental income.

Tourism industry worth $85b to economy (Adelaide Now) - THE Australian tourism industry is now worth $85 billion to the country's economy after its strongest growth in almost a decade, new data shows.