Eastern Airlines resumes talks after wage concession halt
Eastern Airlines clears the way for contract talks with its machinists union by stopping pay‑check deductions under an extended concession plan. Bill Usery says the carrier will return nearly 22 million dollars to employees as unions seek delays in court and rejoin bargaining.
MENTIONED IN THIS ARTICLE
Miami
Eastern Airlines
Eastern
Bill Usery
U.S
Frank Borman
Air Line Pilots Association
United Transport Workers Union
Usery
AT&T seeks rate restructuring to raise 264 million
AT&T asks the FCC to approve private line long distance rate changes effective March 4 that would raise about 264 million. The plan shifts costs between local connections and AT&T long distance, with an average 8.6 percent rise for end to end private lines and a 21 percent reduction in the AT&T segment of dedicated circuits.
MENTIONED IN THIS ARTICLE
Washington
American Telephone and Telegraph Co
Federal Communications Commission
At&t
Foreclosure Sought on Big Rivers Electric by Feds
The federal government filed a foreclosure suit in Louisville on behalf of the Rural Electrification Administration to take over Big Rivers Electric Corp for defaulting on 1 billion dollars in loans. The case, later moved to Owensboro, states the company failed December 31 payment and will not interrupt service. Big Rivers serves 72,000 customers across 22 western Kentucky counties and cited a $756 million Ohio County generator as the source of financial trouble.
MENTIONED IN THIS ARTICLE
Henderson, Ky
Big Rivers Electric Corp
Justice Department
U.S. District Court
Louisville
Rural Electrification Administration
Big Rivers
Owensboro
REA
Bill Thorpe
Henderson
Kentucky
Ohio County
Airlines slash fares trigger waves across major carriers
American cut its Ultimate Super Save fares system wide effective Feb 18, matched by United and other major airlines. The 70 percent discount on 48 states routes draws rush of calls and booking pressure, while stock markets react and analysts warn of potential profit hits amid a fierce fare war.
MENTIONED IN THIS ARTICLE
American Airlines
American
United
Trans World
Delta
Republic
Northwest
Pan American
al Becker
Braniff
Wall Street
Julius Maldutis
Salomon Brothers
New York
Continental
Usair
UAL Inc
AMR Inc
People Express
Neal Meehan
Midway
Los Angeles
Pan Am
Chicago
Hotel Group Elects Holley As President
The S C Hotel and Motel Association has elected Forrest E. Holley of the Holley House Inn in Aiken as president. Holley serves on the Southern Innkeepers Association board and the association represents lodging in the state.
MENTIONED IN THIS ARTICLE
S.C. Hotel and Motel Association
Aiken
Forrest E. Holley
Holley
Holley House Inn
Southern Innkeepers Association
Huber
Michael W. Huber
J.M. Huber Corp
AT&T Unveils 7300 Desktop Work Station With Voice Data Link
AT&T Technologies showcases the 7300, a Unix System V based desktop workstation from Convergent Technologies. It features a built in modem, dual telephone lines, built in dialer and keypad, online notes, and four user support with a 12 inch monochrome monitor. The unit aims to rival IBM’s PC AT and could be offered with dual microprocessors by summer.
MENTIONED IN THIS ARTICLE
At&t Technologies
Dallas
Convergent Technologies
Santa Clara
Calif
Bell Labs
At&t
IBM
Rolm
Merlin
Disney Posts Record Revenue and Profit in Q1 1985
Walt Disney Productions reports a 41 percent revenue rise to 426.5 million and a 258 percent profit jump to 32.2 million in the first quarter of fiscal 1985. Arvida Corp contributed about one third of quarterly operating profit, while Disney World, Disneyland, and Tokyo Disneyland together posted a 3 percent revenue gain and 24 percent operating profit rise. The Disney Channel loss narrowed to under 1 million, and the film division benefited from Pinocchio reissues and Splash foreign distribution, fueling optimism for a strong year ahead.
MENTIONED IN THIS ARTICLE
Orlando
Fla
Florida
Walt Disney World
Walt Disney Productions
Disney
Arvida Corp
Boca Raton
Wall Street
Arvida
Fort Lauderdale
Smith Barney
Mara Miesnicks
Vogel
Disney World
Disneyland
California
Tokyo Disneyland
Japan
Disney Channel
Film Entertainment
Splash
Dennis Forst
Bateman, Eichler
Hill Richards
Los Angeles
Also Mentioned on This Page
Business
Lively Features
United Airlines
John R. Zeeman
Howard Putnam
Hotel Group
Paula Daniel
Peter C. Huber
J.M. Huber
Langley
Graniteville
David Fleet Rush
North Augusta
Thomas Lennard Fox
S.C. Department of Highways and Public Transportation
Rush
Fox
Lexington
Richland
Kershaw
Lee
Sumter
Seawell’s
Columbia
Realtors
Gail Gingrey
Aiken Board of Realtors
Million Dollar Club
Salley Brodie
Peggy Simons
Ruth Alexander
Gracie Waters
Paula B. Daniel
Aiken Standard
P.O. Box
S.C
Schenk
Proctor & Gamble
Cincinnati
Ohio
Span
Forst
Miesnicks
Roti
Beverly Hills
Bradberry
Bee Lane
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