Does American Airlines compensate for cancellations?

Does American Airlines compensate for cancellations? If your American Airlines flight arrives 【𝟭-𝟴𝟯𝟯 -𝟰𝟯𝟵-𝟮𝟲𝟳0 】more than three hours later than the scheduled arrival time, is cancelled within 14 days of departure, or you are involuntarily denied boarding, you may be able to claim compensation【𝟭-𝟴𝟯𝟯 -𝟰𝟯𝟵-𝟮𝟲𝟳0 】.