The New York Stock Exchange (NYSE) fined TD Waterhouse Investor Services Inc. US$225,000 yesterday and censured it for problems related to Web site failures that temporarily stopped it from filling online stock orders and inadequate customer service related to the outages.
A computer malfunction temporarily shut down the flight dispatch system used by a Delta Air Lines Inc. subsidiary Monday, causing flight cancellations and delays that affected operations all day long across the unit's entire travel network in the eastern United States and Canada.
Canada's second-largest supermarket chain has abandoned an $81 million implementation of SAP AG's business applications for retailers after a five-day database and systems shutdown during December affected the company's business operations for nearly a month.
Lernout & Hauspie Speech Products, fighting to avoid a possible liquidation, disclosed the results of an internal audit Tuesday that found "serious problems" with the beleaguered speech-recognition software vendor's business practices and recommended disciplinary action against four current and former executives.