The crash of American Airlines flight 587 on Monday, regardless of its cause, couldn't have come at a worse time for the airline industry. Just as airline passenger traffic and consumer confidence were starting to rebound after Sept. 11 in advance of the busy Thanksgiving holiday, this latest tragedy raises anew questions in many travelers' minds about the safety of flying.
Carl Statham isn't sticking to the script. In a sputtering economy, consumers are supposed to rein in their spending, particularly on big-ticket items. Yet even with the faltering stock market and headlines about mass layoffs, Statham and his wife, Gloria, recently moved into a new $1 million home near Chicago--complete with an indoor driving range and putting green to lower his 12 handicap.
Jeff Zucker knows stress. This is the guy, after all, who for a six-week stretch in 1993 produced both NBC's "Today'' show and "Nightly News.'' But this fall takes the prize: NBC added a third hour to "Today,'' he oversaw the show's Olympics coverage and he ran NBC's election newscasts.
Like millions of other travelers, Mark Mangelsdorf headed home for Thanksgiving last week. His 6 a.m. flight from Los Angeles to Chicago went smoothly, but a flashing message stood between him and a short-hop flight to his parents' house in South Bend, Ind.: delayed due to mechanical.
Forget Wheaties. In corporate America these days, the breakfast of would-be champions is dog food. Or so it seems, given the current popularity of the phrase "eating your own dog food." Like the hair of a shedding pooch, it's everywhere, showing up in newspaper headlines, computer-industry magazines and executive sound bites. "It's important for us to eat our own dog food," a spokesman for Internet consultant iXL Enterprises was quoted saying recently.
Think the market is wreaking havoc with your portfolio? Consider the plight of CEOs, who are so loaded up with stock options that their fortunes can take huge haircuts in a single day. "There's got to be great angst in the corner office," says Judith Fischer, publisher of Executive Compensation Reports.Not that anyone's hurting.
After three straight primary losses, the pundits have written him off. But Democratic presidential challenger Bill Bradley isn't giving up. He's heading West for a last-ditch stand in Washington state's Feb. 29 primary. "We're going to treat it like a one-week Senate race and fight like hell," says a Bradley aide.
For about a year, the elegant blue scaffolding covering the Washington Monument during its renovation process turned a potential eyesore into high art. Now, with the job done, the Minneapolis corporation that helped fund it wants to bring the top half of the Michael Graves-designed latticework--about 277 feet of nylon and aluminum--home to Minnesota.