American Airlines flights were grounded for two hours on Tuesday due to a glitch in the reservation system, the airline says.
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A computer glitch in the reservations system at American Airlines caused all of the carrier's flights to be grounded for at least two hours on Tuesday.
"American's reservation and booking tool, Sabre is offline," American Airlines spokeswoman Mary Frances Fagan told Reuters in an email. "We're working to resolve the issue as quickly as we can. We apologize to our customers for any inconvenience."
NPR's Wade Goodwyn reports that the outage was announced about 2:30 p.m. Eastern time.
The IMF says economic woes in places like Cyprus will tamp down global growth.
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The International Monetary Fund has lowered its projections for global economic growth, including in the United States, citing sharp cuts in government spending and the struggling eurozone.
The Washington, D.C.-based international lender's World Economic Outlook shaved its 2013 forecast to 3.3 percent from 3.5 percent. It also trimmed its projection for 2014 to 4 percent from 4.1 percent.
As The Associated Press notes, the pace of construction — 1.04 million starts, at an annual rate — is the fastest in nearly five years and is another sign that the housing sector continues to recover from its 2007-08 crash.
Retired miners are converging on St. Louis Tuesday for a union rally to protest a proposed cut in health benefits. Patriot Coal is in bankruptcy and has asked a federal judge to allow it to shed most of the health coverage for nearly 10,000 retired miners. But most of those miners never worked a day for Patriot.
NPR's business news begins with gold losing some of its glitter.
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INSKEEP: The explosions in Boston and a report showing China's economy to be slowing caused upheaval in many markets yesterday. But gold took the spotlight when its price dropped by more than 9 percent by the end of trading. This is the sharpest daily decline in the gold price in 30 years. Analysts say it suggests investors are losing faith in the precious metal as a safe haven.
The 2013 Pulitzer Prizes were awarded today in journalism, fiction, poetry, drama and music. Among the winners: many of the most prominent news organizations and some less prominent. NPR media correspondent David Folkenflik joins us now from our bureau in New York. And, David, tell us about some of today's winners.
Is small-batch hard apple cider the next microbrew? It seems everybody and their brother is experimenting with ways to make the potent stuff profitable. Sales of domestically produced hard cider have more than tripled since 2007, according to beverage industry analysts — and that's not counting Europe, where it has held a steady popularity for centuries.