5 Winners and Losers of the Week in Business
Among the wins and losses in business this week: the well-timed announcement of a bar-raising new cruise ship and a painful computer failure at a major airline.
AMR Corp
Airline Starts Charging Passengers by the Pound
An airline in Samoa is charging heavier passengers higher airfares, and making them weigh in at the airport. Could such a system ever take off with U.S. airlines?
American Eyes New Perk to Get Us to Ditch the Big Carry-Ons
American Airlines is tired of passengers hauling bulky suitcases onto its planes, and it may be willing to entice them to quit with the promise of priority boarding.
The Big Companies Paying the Most in Taxes -- and the Least
The federal corporate tax rate is 35% but that's not what most big companies pay, and the disparities can be huge: Some pay billions, while others pay nothing.
American-US Airways Merger: A Tale of 2 CEOs, and 1 Had to Go
The battle for control of American Airlines came down to two men who got their start there: CEO Tom Horton, and his old friend and rival, Doug Parker, CEO of US Airways. And after an aggressive courtship, there would be room for only one at the top.
The 10 Most Hated Companies in America
Botched product launches, plunging stock values, massive layoffs, unhappy workers and poor customer service: These are just some of the woes that can win a business a spot on the 24/7 Wall St. list of the 10 most hated companies in America.
Travelers Tired of the Unfriendly Skies Should Skip These Airlines
Air travelers will encounter all the usual struggles this holiday season: confusing ticket prices and hidden fees; crying babies and misbehaving children; lost bags and delayed flights. But there's one thing they can avoid, if they pick the right airlines: rude employees.
American Airlines Parent Company AMR Loses $238 Million in 3Q
American Airlines parent company AMR lost $238 million in the third quarter on employee severance payouts and other costs related to its bankruptcy.
American Airlines, US Airways Merger Talks Get Off the Ground
American Airlines and US Airways are one step closer to a potential merger. The companies said Friday they signed legal documents allowing them to confidentially exchange information. But a deal is still far from reality.
7 Ways Inflation Will Hit Americans in 2012
With the economy still trying to muster a recovery, and unemployment still around 8.5%, any price increases are painful. And just a month into 2012, a spate of headlines points to more hurt ahead. Here are seven ways inflation will be digging into your wallet this year:
The 10 Most Important IPOs to Watch in 2012
After a year which featured lingering economic uncertainty, and underperformance from many popular IPOs, 2012 should see some exciting activity from the more than 200 companies hoping to go public. Here are 24/7 Wall St.'s picks for the top IPOs to watch.
How Safe Are Your Frequent Flier Miles?
If you're a fan of frequent flier miles, and the carrier you fly most goes bust, what should you do? Stick with the airline, or make a change? Are your points still worth anything? Don't worry, American Airlines loyalists -- the answers aren't as grim as you might fear.
5 Companies Glad the NBA Lockout Is Finally Over
After months of bitter negotiations, NBA owners and players finally agreed to terms, and a pro basketball season will start on Christmas Day. So who besides players, owners and fans will benefit? Let's start with stockholders in these companies.
American Airlines Bankruptcy: How It Will Affect You
Flying during the holidays is a harrowing experience at best, and on Tuesday, American Airlines' customers got another thing to worry about when it filed for Chapter 11 bankruptcy. As the airline prepares to massively restructure itself, will its customers be left at the gate?
MLB Soars to 30,000 Feet with In-Flight Live Streaming
Take me up to the ball game -- thanks to a new offering from broadband provider Row 44, baseball fanatics won't have to miss one tobacco spit or big hit while flying, because Major League Baseball will stream games to airline passengers' WiFi devices.