Stories about: Comerica

Open-source database vendor Greenplum had cause for celebration Tuesday, announcing both US$15 million in venture capital financing and the appointment of a new CEO.

Sneezing and headaches are starting to mean something to many employers.

Some of the nation's leading financial services companies said this week that their IT executives met earlier this year for the first time to share current disaster recovery schemes and discuss future technology recovery strategies. And what they found was that they had a lot in common -- including headaches.

At Pacific Bell Park, the gleaming, new home of the San Francisco Giants, you can slide down a gigantic Coke bottle, eat sushi and get your e-mail. At Boston's venerable Fenway Park, once you settle in with a couple of dogs and a cold one, it's all about baseball.

You might think Peter Solvik has his hands full serving as CIO and senior vice president at Cisco Systems Inc., one of the world's largest and most successful technology companies. But no. In addition to his in-house duties at the $15 billion San Jose, California-based networking equipment maker, Solvik serves on four Different external boards of directors of internet startup companies. Why would he agree to serve on these boards, stretching his already-packed schedule to the limit?

Spectrum EBP LLC, a joint venture between The Chase Manhattan Corp., First Union Corp. and Wells Fargo & Co., has unveiled a technology plan to expand bill payment options for consumers and billers. Spectrum chose Alltel Information Services in Little Rock, Arkansas, and InteliData in Reston, Virginia, to build its service.

Comerica Inc. in Detroit and American Express Co. in New York scored highest in a survey rating 41 online banking sites on their levels of interactivity.

Banks that have both a virtual and physical presence do a better job of servicing their customers on the Internet, according to a new study conducted by Atlanta-based Speer & Associates Inc.

If you think year 2000 inventory and remediation is tough, wait till you see the 800-pound gorilla waiting around the corner. "We'll spend about 65 percent of our project time on testing," says Tony Del Duca, year 2000 project manager at Nabisco Inc., the Parsippany, New Jersey-based maker of snacks such as Oreo cookies and Ritz crackers. "But if that's news to people right now, they'd better be looking for another job."