Tuesday's Bloomberg Market Report

By: Deborah Kostroun Email
By: Deborah Kostroun Email

Here are the headlines from Tuesday's Bloomberg Market Report.

American Airlines grounded flights, for a short time, Tuesday afternoon. American initially said the issue was caused by a reservation and booking tool, but a spokesman for American later told Bloomberg that system wasn't involved. The FAA says the computer problems led the carrier to request a nationwide "Ground Stop" on all flights.

In other airline news, all of the country's largest carriers have instituted flexible rebooking policies for travelers in the Boston region, in the wake of Monday's tragedy. According to USA Today, airlines are waiving itinerary change fees over the next few days.

If you're one of those movie lovers who prefers to wait until films come out on DVD, you're in luck. The National Association of Theater Owners says the 112 days average it took in the fourth quarter between a movie's theater run and its release on home video is the shortest time frame ever.


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