American Airlines' Reservations Test: Smooth Travel This Weekend
The centers went live on Oct. 14 and are expected to stay open around the clock until Oct. 27. About 1,000 people will be part of that effort. The hope is that fliers will hardly notice the computer transition—but one element of the weekend's shift ...
October 15, 2015
Feds: FCA failed to disclose death, injury reports
Washington — Fiat Chrysler Automobiles NV faces new penalties from federal regulators for failing to properly disclose death and injury reports. The automaker's North American operations, FCA US, said the disclosure came about the same time it reached ...
September 29, 2015
The last days of Drexel Burnham
By February 1990, when regulators stepped in to stop Joseph from dissipating what capital remained, only the top officials at the Treasury Department and the Federal Reserve could have saved the firm. And they . He recognized that Drexel, like ...
October 16, 2015
Fiat Chrysler safety chief retiring after troubled year
Fiat Chrysler Automobiles NV's safety chief for North America is retiring after a year of trouble with government regulators. The company on Tuesday said Scott Kunselman, a 30-year veteran of the company, will step down Nov. 30 as senior vice president ...
October 27, 2015
Ford recalling up to 452000 cars, fuel tanks may crack
2011 Ford Fusion. U.S. safety regulators are investigating complaints of power-assisted steering failure in 938,000 Ford Fusion and Lincoln MKZ cars from the 2010 through 2012 model years, as well as the 2011 Mercury Milan. (Photo: Ford Motor Co./AP)....
December 5, 2015
Daimler chief: VW cheating blow to German auto industry
On Wednesday, VW issued a stop-sale for Audi, Porsche and VW SUVs and high-end cars with 3-liter diesel engines that have been labeled by federal regulators as having pollution-control “defeat devices.” VW in Germany on Tuesday announced new ...
November 5, 2015
US details $900M GM ignition settlement
GM's general counsel, Craig Glidden, represented the company at the 20-minute hearing in which GM was formally arraigned on two felony charges — for wire fraud and misleading regulators. He waived the company's right to demand an indictment....
September 17, 2015
The world’s biggest airline faces its biggest merger-integration test this weekend, when American Airlines Group Inc. shifts its US Airways unit onto its reservation system. United Continental Holdings Inc.
Washington — Fiat Chrysler Automobiles NV faces new penalties from federal regulators for failing to properly disclose death and injury reports. The automaker’s North American operations, FCA US, said the disclosure came about the same time it reached a $105 million settlement with the National Highway Traffic Safety Administration over its handling of nearly two dozen recalls covering 11... The auto safety agency first raised questions when it learned about a death in a Fiat Chrysler car that had not been reported to the safety agency’s “early warning system. Rosekind said preliminary information suggests the under-reporting is due to problems with systems for gathering and reporting the information. It’s not clear if it was a computer problem, confusion over what death and injury claims must be reported or another issue. But according to two people briefed on the investigation, Fiat Chrysler says it had problems with its software for extracting information from a company database to submit to NHTSA, and as a result significantly under-reported death and injury... In a statement, the automaker said, “FCA US promptly notified NHTSA of these issues, and committed to a thorough investigation, to be followed by complete remediation,” the company said, adding that it takes the issue “extremely seriously.
This article was originally published in Fortune on May 21, 1990. DON’T WEEP for Michael Milken. Though he broke down in court when he had to admit he was a felon, he certainly cut a good deal for himself. Contrast that to the dismal fate of his firm, do itself in. Or was it done in. The truth is that this was a case of suicide—and murder. So potent had the firm become that employees truly believed they could do whatever they wanted without fear of retribution. In the good times, CEO Frederick Joseph and the board of directors were lax supervisors, allowing the firm to be run like a Middle Eastern souk. Milken sat at the center of his X-shaped desk in Beverly Hills and was accountable to no one. But Joseph lost control over his top dealmakers, who, to prove that the firm could flourish without Milken, went on a disastrous spree at precisely the wrong time. The firm floated issues for marginal companies and then flogged them furiously to customers. Although few participants are willing to speak on the record, the picture that emerges of ‘s capital evaporated, its bank lenders quietly abandoned it. By February 1990, when regulators stepped in to stop Joseph from dissipating what capital...
Clock for the museum
Chester Memory Lane Room organizers Mary Ann Wright, left, and Mary Lawrence checked out an antique schoolhouse regulator wall clock that was given to them at Monday's meeting of Chester Council. Lawrence is holding the winding key. Chester resident John ...
November 5, 2015
Chester Memory Lane Room organizers Mary Ann Wright, left, and Mary Lawrence check out an antique schoolhouse regulator wall clock that was given to them at Monday’s meeting of Chester City Council. Lawrence is holding the winding key. Chester resident ...
November 3, 2015
Chester Memory Lane Room organizers Mary Ann Wright (left) and Mary Lawrence check out an antique schoolhouse regulator wall clock that was given to them at Monday's meeting of Chester City Council. Lawrence is holding the winding key. Chester resident ...
November 3, 2015
RARE Antique Baird Advertising Clock Edwards Desiccated Soups Signed Maltz Coll
Antique Clock in the shape of a violin. https://www.facebook.com/pages/The-Clock-Shop/114715265257239 Antique Clock in the shape of a violin....which just shows that music is timeless.... = ) Antique Clock in the shape of a violin. #clock #violin #antique ...
January 8, 2016
Clocks, Watches, and Antiques at Schmitt Spring Sale
The highlight of the two-day sale was this 80" high E. Howard & Co. No. 60 regulator wall clock that sold for $40,500. This man’s minute-repeating chronograph was the highlight of the watches when it sold within estimate for $16,312.50. It was made by ...
May 16, 2015
An E. Howard & Company No. 47 wall-hanging astronomical regulator clock soars to a record $356,950
News-Antique.com - Dec 05,2014 - PITTSFIELD, Mass. – An E. Howard & Company No. 47 wall-hanging astronomical regulator clock – one of only three examples known and so rare it doesn’t even appear in the E. Howard catalog – soared to a record price ...
December 5, 2014
E. Howard & Company Wall-Hanging No. 47 Astronomical Regulator Brings $356,950
This clock sold for $356,950. Photo courtesy Fontaine’s Auction Gallery. One of three known E. Howard & Company No. 47 wall-hanging astronomical regulator clocks sold for $356,950 (includes buyer’s premium) at a clock and watch auction held November 22 ...
November 21, 2014