American Airlines announced May 21 that it was reducing its flying in response to skyrocketing prices for jet fuel.
10:26 AM CT Each department will be able to decide whether to offer ways to reduce its payroll costs 8 percent without involuntary layoffs. An American Airlines spokesman declined to put a number on the actual number of jobs to be cut. Airline Biz blog
COMING UP
Bluetooth headsets were just starting to get good at the end of 2006 when a company called Aliph introduced the Jawbone, writes Jim Rossman. Now 18 months later, Aliph took the best part of the Jawbone  the call quality  and
shaved off half the size. Read Jim's full review in tomorrow's Business section.