Monday, December 23

Tag: Product/Service Disruptions

Fog at Chicago’s Midway Airport Is a Blip in Otherwise Smooth Christmas Travel Weekend
24Dec By adminNo Comments
World

Fog at Chicago’s Midway Airport Is a Blip in Otherwise Smooth Christmas Travel Weekend

Updated Dec. 24, 2023 6:48 pm ETAn overall smooth weekend of holiday travel ran into a hiccup as dense fog made it harder for flights to reach Chicago’s Midway International Airport before Christmas Eve. Southwest Airlines accounts for over 90% of Midway’s passengers and was the hardest hit as the Federal Aviation Administration stopped or slowed Midway-bound flights Saturday night and throughout much of Sunday. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Japan Asks U.S. Military to Suspend Osprey Flights After Fatal Crash
1Dec By adminNo Comments
World

Japan Asks U.S. Military to Suspend Osprey Flights After Fatal Crash

Updated Nov. 30, 2023 10:41 pm ETTOKYO—Japan asked the U.S. military to suspend flights by its Osprey aircraft after a fatal crash a day earlier rekindled local concerns about the safety of the tilt-rotor plane.Japan’s coast guard, police and military continued search-and-rescue operations around the crash site Thursday for seven people who were in the Air Force’s CV-22 aircraft when it plunged into the sea near the southern island of Yakushima.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Cruise Suspends Employee Share Program, Citing Need to Revalue the Business
16Nov By adminNo Comments
World

Cruise Suspends Employee Share Program, Citing Need to Revalue the Business

Updated Nov. 16, 2023 1:18 pm ETGeneral Motors’ Cruise is suspending an internal program that allows employees to cash out shares in the driverless-car firm, citing the need to revalue the business after a pedestrian accident led it to halt robotaxi services last month. Cruise notified employees of the decision Thursday in an email from chief executive Kyle Vogt, which was reviewed by The Wall Street Journal. The autonomous-driving startup, majority owned by GM, told employees that the regular quarterly offer to sell shares would be canceled as it re-evaluates the program. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Singapore Imposes Penalties on DBS for Service Outages
1Nov By adminNo Comments
World

Singapore Imposes Penalties on DBS for Service Outages

The Monetary Authority of Singapore won’t allow DBS Bank to acquire new business ventures for six months, one of several penalties imposed for what the central bank described as excessive interruptions to banking services this year.MAS said Wednesday that DBS also won’t be allowed to reduce the size of its branch and ATM networks in Singapore until authorities are satisfied with progress on a remediation plan, and cannot make any changes to IT systems except those pertaining to security, regulatory compliance and risk management for six months.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Flight Delays and Other Uncertainties Slow Business Travel’s Rebound
18Oct By adminNo Comments
World

Flight Delays and Other Uncertainties Slow Business Travel’s Rebound

Meeting the client in person and on time has become more challenging for road warriors with the rising number of air-traffic delays and full flights.During the first nine months of 2023, more than 22% of flights to or from U.S. airports were delayed, according to data from FlightAware. That’s up from roughly 17% during the same period in 2019.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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