The bottom line
Thanksgiving weekend's busiest airports; The demise of the phone book; Smokers need not apply; Bank failures in 2010: 143 and counting; U.S. consumer debt falls
Thanksgiving weekend's busiest airports
Chicago’s O’Hare International Airport is expected to be the busiest U.S. airport on Thanksgiving weekend, says travel website Orbitz.com, followed by Los Angeles International and Boston’s Logan International. Thanksgiving-weekend air traffic will increase an estimated 3.5 percent over that of last year’s holiday.
Chicago Tribune
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The demise of the phone book
Verizon plans to stop distributing White Pages telephone books in several states, beginning next year in Pennsylvania. According to a 2008 Gallup survey, only 11 percent of households look up residential numbers in the printed White Pages; most look online.
Associated Press
Smokers need not apply
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Beginning Jan. 1, the Massachusetts Hospital Association will no longer hire people who use tobacco. Lynn Nicholas, CEO of the trade group, says that shrinking the number of employers that hire smokers will ultimately reduce the number of smokers, who Nicholas says are not a protected class.
Boston.com
Bank failures in 2010: 143 and counting
The Federal Deposit Insurance Corp. last week seized four banks, bringing the total number of bank failures in 2010 to 143, three more than the number of failures recorded in all of 2009. The FDIC expects a total of about 160 bank failures in 2010 and a similar number next year.
The Wall Street Journal
U.S. consumer debt falls
Total U.S. consumer debt outstanding fell to $11.6 trillion in September, a $110 billion decline from June. Americans have cut about $1 trillion in debt since consumer debt peaked in the third quarter of 2008.
Bloomberg.com
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