Subject: The airline industry’s decades-long descent
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Wed, 21 Jun 2017 05:02:24 -0400 (EDT)

.footer .iOSLink a {       color: #666666 !important;       text-decoration: none !important;     }      @media only screen and (max-device-width: 480px) {       body {         padding: 10px !important;       }       .one-column p,       .one-column li {         font-size: 19px !important;         line-height: 29px !important;       }     }A daily digest of opinions and analysisClimbing Down Into Airline Hell, Year by YearAmericans wanted inexpensive flights, and boy, did they get what they paid for. Joe Nocera charts the airline industry’s history from the almost-luxurious 1970s (spacious seating! hot meals with metal forks!) to its cramped, cheap, deregulated present.Amazon’s Target Isn’t Whole Foods. It’s Everything You Buy.Supermarkets and and big-box retail stocks tumbled after Amazon announced its deal with Whole Foods, but what if the tech giant isn’t really going after stores? Conor Sen says the tempting margins are in consumer products, which means Procter & Gamble may have more to fear than Kroger does.Don’t Expect Amazon to Revolutionize Grocery ShoppingOn a related note, Megan McArdle says that the Amazon deal won’t do much to change how Americans get their daily bread: Its model is optimized to work in dense, affluent areas, while much of country is neither.Apple Gets Greedy in ChinaThe Cupertino-based tech giant has been a savvy operator in China, but its decision to take a 30 percent cut on payments to content creators could backfire spectacularly. Adam Minter explains why Apple is taking a much bigger gamble than it seems to realize.The Mundane Radicalism of TerrorismIt turns out that Islamist and Islamophobic terrorists have a lot in common: Raging against a sense of personal insignificance, they struggle at work and live volatile, angry lives before committing explosive acts of violence. Amid a spate of attacks, Leonid Bershidsky examines why men with such different beliefs follow identical paths to violence.Before it’s here, it’s on the Bloomberg Terminal. Find out how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. Learn more.Ritholtz’s ReadsThe war on coal states (Slate)How to take a crazy risk without going insane (MoneyBeat)Media companies are getting sick of Facebook (Bloomberg Businessweek)(Read Barry Ritholtz’s full daily news roundup here.)Bloomberg GadflyTesla and China: an unorthodox affairSo much for Trump going after pharmaTime for shale’s loners to settle down(Read more from BV’s sister site for fast business commentary.)Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe

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