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  • US Airways (LCC) and AMR (AAMRQ.PK) have reportedly resolved key differences over valuation and management structure in their merger talks and could announce a deal late in the week. The transaction could value the combined company at $10.5-11B and bring $1B in revenue and cost benefits. US CEO Doug Parker will lead the new firm, which will be branded American Airlines, and AMR's Tom Horton will be non-executive chairman until the spring of 2014. AMR creditors will receive 72% and US investors the rest. [View news story]
    Well, that's the last time I'll be flying American, I guess. I cannot stand US.
    Feb 10 11:32 AM | Likes Like |Link to Comment
  • United Continental's (UAL -2.2%) flight punctuality begins to improve after weekend disruptions caused by the combination of its two separate passenger reservation systems. The combined system faced technical and service issues causing flight delays, problems at check-in kiosks and failing phone connections. Analysts say such glitches could take a toll on demand for UAL’s services.  [View news story]
    Just flew to China on UAL (from TX), everything went smoothly, but this might explain all the tired-looking faces I encountered! I heard some conversations about how they had brought in retirees to help with things, so it sounds like they are working diligently on the problems

    I was worried about this when the merger was announced, but it's seemed well planned and implemented throughout the process, so no real complaints here.
    Mar 6 12:00 AM | Likes Like |Link to Comment
  • Mediating The Research In Motion Debate [View article]
    One last tidbit: My people are NOT liking their Apple iPhones!!! Lots of complaints about battery usage, system upgrades, etc. We gave them a choice, and they are choosing Droid!
    Mar 4 04:36 PM | Likes Like |Link to Comment
  • Mediating The Research In Motion Debate [View article]
    We are dropping BlackBerries like the plague and going to Droids. I hate to give Google another dime, but the BB is dead to us...
    Feb 26 09:39 PM | 1 Like Like |Link to Comment
  • Obama outlines an ambitious plan: $170B in payroll tax relief for workers and their employers, $194B for an extension of jobless benefits, a $105B investment to rebuild roads, bridges and other crumbling infrastructure, plus $35B to help states prevent further layoffs of teachers and law enforcement - all to be paid for through the existing $1T budget cut put through Congress last month.  [View news story]
    And for how long? 1 year? Then back on the bricks after the election... bah
    Sep 8 09:51 PM | 3 Likes Like |Link to Comment
  • David Gergen offers up an alternative to the same 'ole, same 'ole job speech ideas Obama's WH advisors are giving him. He writes the President should scrap the all-or-nothing options and follow a three-step plan: (1) deliver his speech; (2) give the Repubs 10 days to formulate their own plan; (3) agree on a package by incorporating elements from both.  [View news story]
    I might die if forced to listen to it... ;-(
    Sep 1 09:34 PM | Likes Like |Link to Comment
  • 4 Signs The S&P 500 Index Is Headed To 1,790 [View article]
    Don't forget that a LOT of companies aren't paying any taxes this year because of prior losses. That's a lot of cash...
    Aug 31 10:43 PM | Likes Like |Link to Comment
  • Parsing the various stories floating an administration mass mortgage refinancing operation, Bruce Krasting concludes the plan is for real and has the support of all the necessary actors - especially Ben Bernanke. Ultimately, the plan will require the Fed to purchase vast amounts of Treasuries - a forced QE3.  [View news story]
    These freaking hosers. Is there NONE of my money they won't try to give to somebody else? I had problems with an FHA loan and have worked my ASS off to rebuild my credit, through 7 years of agony and finally got to refinance.

    Now folks who didn't are going to get better rates than I can in the free market?

    2012 can't come fast enough.
    Aug 31 10:34 PM | 1 Like Like |Link to Comment
  • IBM vet Irving Wladawsky-Berger thinks the PC is dead, just as mainframes are "dead." Though IBM still has a strong mainframe business, the systems haven't been "the center of innovation for the IT industry" since the rise of modern servers. In the same way, he sees PCs eclipsed by mobile devices, even as many PCs continue to be sold.  [View news story]
    Inside our building, we only buy standalones for our engineers, since they use SolidWorks and Pro-E, which are uber graphics intensive.

    Elsewhere, Xenserver running virtual CItrix boxes. These are dual 6 core IBM servers with 48 GB Ram, and we barely touch their capacity with 60+ users running on them.

    Because of our design, we have at least 15 Windows 95 boxes running as thin clients, and they perform perfectly well for our needs.

    We will replace them as we go with thin clients, probably 10zig.

    My boss has an Ipad, it runs a Citrix client as well. Took a little doing, but it works like a charm.

    Trying to think of why we will ever buy a non-engineering class standalone PC again at work, coming up blanks.
    Aug 20 06:39 PM | 1 Like Like |Link to Comment
  • "The U.S. doesn't deserve a AA-plus credit rating, much less triple-A," asserts Jim Rogers.  He says it's "physically, humanly impossible" for the U.S. to ever pay off its debt. "They can roll it over and continue to play the charade, but the U.S. is bankrupt."  [View news story]
    HAH! Made my day!
    Aug 12 11:14 AM | 2 Likes Like |Link to Comment
  • "The U.S. doesn't deserve a AA-plus credit rating, much less triple-A," asserts Jim Rogers.  He says it's "physically, humanly impossible" for the U.S. to ever pay off its debt. "They can roll it over and continue to play the charade, but the U.S. is bankrupt."  [View news story]
    huh??? That deserves some illumination, please?
    Aug 9 09:11 AM | 1 Like Like |Link to Comment
  • "The U.S. doesn't deserve a AA-plus credit rating, much less triple-A," asserts Jim Rogers.  He says it's "physically, humanly impossible" for the U.S. to ever pay off its debt. "They can roll it over and continue to play the charade, but the U.S. is bankrupt."  [View news story]
    Interesting, but I don't see it... Though I have screwed up in the past, I didn't feel hopeless because I took out a loan and had to repay it. I didn't take out the loan unless I thought I could repay it! This was a dispassionate assessment of what I made, etc.... If I lost my job, I somehow found a way to keep the lights on, bills paid, etc. Not always, as I said, but I have paid for those times as well.

    That's because I WORK. I bust my can every day to pay not only my bills, but those of folks who won't/can't/don't WORK.

    The politicians don't really care about what they are doing to our posterity - future generations - because they will be long gone and their nests are feathered. Most of them have never actually produced anything - they are professionally on the teat and that's where they are focused.

    As long as they are able, they will bankrupt us...
    Aug 9 09:10 AM | 3 Likes Like |Link to Comment
  • "The U.S. doesn't deserve a AA-plus credit rating, much less triple-A," asserts Jim Rogers.  He says it's "physically, humanly impossible" for the U.S. to ever pay off its debt. "They can roll it over and continue to play the charade, but the U.S. is bankrupt."  [View news story]
    Really? You have a plan to repay $115 Trillion? Please let me know and I'll stop work on the compound... With all respect, it simply can't be done - somebody is going to get hosed, and I pray it's not my grandchildren, who already owe a half-million or so.
    Aug 8 11:25 PM | 2 Likes Like |Link to Comment
  • "The U.S. doesn't deserve a AA-plus credit rating, much less triple-A," asserts Jim Rogers.  He says it's "physically, humanly impossible" for the U.S. to ever pay off its debt. "They can roll it over and continue to play the charade, but the U.S. is bankrupt."  [View news story]
    But you forgot the unfunded liabilities! That makes our one time "investment" $1,027,910 - at least it was 10 seconds ago.
    Aug 8 07:35 PM | 3 Likes Like |Link to Comment
  • BGR reports Research In Motion (RIMM) will launch the first phone featuring its QNX operating system, which the company is pinning its smartphone hopes on, in Q1 2012. However, much like the QNX-based PlayBook, the phone reportedly won't be able to directly interact with current versions of RIM's Blackberry Enterprise Server software.  [View news story]
    How can they even propose shipping a phone without this functionality? We rely on the BB server to get secure email access.

    They have a half a freaking year to get this done. If this is the best they can do, they are just not up to the task....
    Aug 8 12:24 PM | 1 Like Like |Link to Comment
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