Banks, brokerages relatively glitch free
Y2K or not, automated teller machines continue to spit out cash around the world.
Meanwhile, Wall Street has reported just a handful of small Y2K-related problems thus far.
Stories by Thomas Hoffman
Banks, Brokerages Relatively Glitch Free
FRAMINGHAM (01/01/2000) - Y2K or not, automated teller machines continue to spit out cash around the world.
Report: Y2K glitches likely but impact limited
A new report on how the world is prepared to handle the year 2000 date change predicts that many errors will occur, but they'll have only a limited impact on national infrastructure services such as energy, telecommunications and transportation.
Report: Water, sewage utilities not Y2K-ready
A new report released by two watchdog groups claims that most US water and sewage utilities aren't prepared to handle the year 2000 rollover.
SEC asks US online brokers to offer more advice
US Regulators are planning to recommend that online brokerages give investors more information about Web site outages and other glitches.
New banking era to challenge US IT
Proposed US federal legislation that would allow banks, brokerages and insurers to merge would mean business opportunities on Wall Street and potential hurdles for IT.
31 per cent of UK firms already feel Y2K pinch
Roughly one in three large companies in the UK has already experienced a year-2000 problem, according to the results of a survey published yesterday.
Nasdaq upgrade forces trader Nets off-line
Three alternative trading networks had to be temporarily removed from Nasdaq Stock Market's trade reporting and quotation system last week when a software upgrade led to a slowdown of the stock market's SelectNet system.
Study: IT costs per user should drop
World-class IT organisations of the future will have total cost per end user of $US4300 or less, software applications that are an average of 2.4 years old or newer, and one data centre per 1000 end users.
Study: 85% of IT departments fail to meet needs
IT executives attending a briefing about global IT benchmarking trends on the 107th floor of the World Trade Centre on Wednesday were quickly brought to earth by two rather dire statistics:
Eighty-five percent of IT organisations in the US are failing to meet their organisations' strategic business needs.
Nasdaq connects faster-trading extranet
The Nasdaq Stock Market last week rolled out an extranet-based trading network for member companies that is twice as fast and can handle twice as many trades as its existing trading system.
Airline cuts New Year's flights
Even though it's confident about its own year 2000 (Y2K) problem preparedness, American Airlines has announced that it is planning to cut back on some of its New Year's Eve and New Year's Day flights, citing lack of demand.
American Airlines cuts some New Year's flights
Even though it's confident about its own year 2000 (Y2K) problem preparedness, American Airlines last week announced that it was planning to cut back on some of its New Year's Eve and New Year's Day flights, citing lack of demand.
UK warns travellers of Y2K woes
The British government has released a report warning travellers about potential year 2000 problems in 48 countries, including the US.
UK warns travellers of Y2K woes abroad
The British government has released a report warning travellers about potential year 2000 problems in 48 countries, including the US.