When airlines outgrow their computers
American lost access to its computer system yesterday and had to ground hundreds of flights. Maybe it's time for the industry to hit the update button.
American Airlines resumes most flights
But problems remained day after massive technology failure forced nation's third-largest carrier to ground U.S. fleet
Found 1 month ago on channel CBS
Hoping For a Raise? How About a Gift Card, Instead?
Many a disgruntled employee has complained of working for peanuts. But is working for lattes any better? Unemployment rates are still high and wages stagnant, but American workers are more productive than ever. That’s good news for the economy, but means that rank-and-file employees are working longer and harder. And what are we getting for all that extra effort in lieu of more pay? In many cases, gift cards. That’s right: About two-thirds of companies give their employees gift cards, says the Incentive Research Foundation, and it’s the biggest and fastest growing category of employee rewards. In an Incentive Research Federation research report published last year, 12% of responding companies said they gave gift cards for quarterly or end-of-year bonuses, and 43% said they gave gift cards as holiday gifts or bonuses. (MORE: Free Lunches at Work? The Tax Man Wants a Bite) Collectively, American companies spent nearly $23 billion on gift cards for employee “incentive and loyalty” ...
American Airlines Restores Most Flights
American Airlines is trying to accommodate thousands of disrupted travelers a day after a computer outage forced the carrier to cancel or delay two-thirds of its flights.
RBS Buys Poorly Performing U.S. Home Loans
RBS Securities, the U.S. investment-banking arm of the U.K.-taxpayer-backed Royal Bank of Scotland Group, is jumping into the market for poorly performing American home loans.