American Airlines does something good, and Wall St. is NOT happy
May 2, 2017
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12:26Now PlayingAmerican Airlines does something good, and Wall St. is NOT happy
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"American Airlines agreed this week to do something nice for its employees and arguably foresighted for its business by giving flight attendants and pilots a preemptive raise, in order to close a gap that had opened up between their compensation and the compensation paid by rival airlines Delta and United.
Wall Street freaked out, sending American shares plummeting. After all, this is capitalism and the capital owners are supposed to reap the rewards of business success."
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