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United Continental Holdings: Up In The Air Or Set To Crash?
2014-05-11 23:32:37| Airlines - Topix.net
UAL has pursued a strategy that is destined to drive away its most valuable customers -- the high value flyers -- which will devastate its earnings.
Fiat Chrysler plan called 'ambitious,' after initial skepticism, stock crash
2014-05-10 23:47:42| Automakers - Topix.net
Fiat Chrysler Automobiles' long-term business plan was received with much incredulity, but as the dust settles experts are wondering how much of it might be achievable, and what are the consequences of failure.
Tags: plan
called
stock
initial
Three offshore rig workers killed in Ghana helicopter crash
2014-05-09 01:00:00| Offshore Technology
Three people were killed on Thursday when a helicopter, carrying workers to Jack Ryag oil rig off the coast of Ghana owned by Russia's Lukoil, crashed into the ocean, the military said.
Tags: workers
killed
crash
ghana
VIDEO: Questions over Ireland's banking crash
2014-05-07 00:45:56| BBC News | Business | UK Edition
The Irish parliament is expected to discuss setting up an inquiry into the 2008 banking crash which virtually brought the country to its knees and forced Ireland into an international bailout and a very painful process of austerity.
Tags: video
questions
banking
crash
U-2 Cold War spy plane causes air traffic control to crash, grounds hundreds of planes
2014-05-06 14:55:24| Extremetech
Last week, a 1950s Cold War spy plane -- the Lockheed U-2 Dragon Lady -- caused hundreds of planes across the US to be grounded for an hour, and delaying hundreds more that were already airborne. The U-2, which was just minding its own business at an altitude of 60,000 feet above southern California, triggered a software bug that caused the FAA's air traffic control system to "overload" and shut down. The backup system also failed, presumably for similar reasons. The beautiful irony is that both the plane and the air traffic control software were created by Lockheed. How did an ancient plane that has been trawling the skies for almost 60 years cause such a catastrophic failure?
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