Obituaries for newspapers are already being written in the U.S. and much of Europe, but the news hasn’t made it to India, where more than 150 million peopleread a newspaper every day. With competition from the Internet still lagging and literacy rates climbing, circulation numbers in India rose 33 percent from 2001 to 2005, and advertising is expected to grow by 15 percent this year.
THE NEW 787
Boeing Co. (BA) has snagged hundreds of orders for its new 787 with a sales pitch that leans heavily on the light, sturdy carbon-fiber composites replacing most of the aluminum on the plane, meaning less fuel and fewer maintenance costs. Boeing says it’s designed everything inside the plane with an eye toward cost-cutting and comfort.