Continental Airlines seeks bankruptcy protection in Wilmington
Continental Airlines Holdings Inc, the remnant of Texas Air empire under Frank Lorenzo, filed for Chapter 11 in Wilmington Delaware, saying debt and high fuel costs overwhelmed it. The move does not affect operations across 88 US cities and 55 international destinations with 300 plus planes.
MENTIONED IN THIS ARTICLE
Houston
Continental Airlines Holdings Inc
Frank Lorenzo
Texas Air Corp
Continental Airlines Inc
Wilmington
Del
Continental
Lorenzo
Texas Air
Eastern Airlines
Eastern
U.S
Virginia residents urged to craft wills to protect assets
Virginia Tech extension officials note 58 percent lack legal wills and explain how state law assigns assets after death. Spouse inherits first if no will, with two thirds to children from prior marriages. current-marriage children get nothing. Experts advise using a lawyer and warn DIY kits may be invalid in Virginia or West Virginia.
MENTIONED IN THIS ARTICLE
Virginia
Virginia Cooperative Extension
Virginia Tech
Elaine Scott
Oerhited
Betty Ernst
Virginia Beach
Scott
West Virginia
Oil prices stabilize as Dow gains 5.94 points
New York AP report notes stock prices inch higher on Monday as oil steadies at lower levels and rates ease. Gains capped by weak economy signals and AT&T NCR offer fallout. Dow closes at 2,565.59 after trading fluctuation. volume 177.01 million on NYSE floor.
MENTIONED IN THIS ARTICLE
New York
American Telephone & Telegraph
NCR Corp
Dow Jones
Quickl
Wilshire Associates
NYSE
Standard & Poor
S&p
American Stock Exchange
CBS News closes Chicago and Denver bureaus
CBS News shut its Chicago and Denver bureaus late last week, cutting about 15 staffers including the bureau chief and a Chicago associate producer and the Denver sole producer. The unit will keep a Chicago correspondent and producer and a Denver correspondent, possibly working from home, amid ongoing layoffs that could widen if America Tonight ends as expected in January. Allegheny Power Systems declares its regular quarterly dividend payable December 28 1990 to holders of record December 14 1990.
MENTIONED IN THIS ARTICLE
CBS
CBS News
Chicago
Denver
CBS Inc
America Tonight
Allegheny Power Systems
Also Mentioned on This Page
Scott & Stringfellow Investment Corp
SIPC
Ameritech
Apple Computer
Ashland Coal
Baltimore Gas
Carolina Power
Chevron Corp
Chrysler Corp
COCA-COLA CO_| co
Detroit Edison
Goon
Walt Disney
DOW Chemical
Enno Constat
Sam Ao
Sam
Eeerey Pensray Sare
Iar
Wotors Corb
Igeorgia Pacific
Arel Gillette CO
Sina
Ase
Corp. Nee
CI Communication
Merck & CO
Mesa Limited
Mobil Corp
Monsanto CO
Mylan Labs
Tae Es
Pere Ncr Corp
Nash-Finch CO
Navistar Int'l
Aaa
PWR
Bankshare
Reebok Int
Reynolds Metals
Rite Aid Corp
Ne Int'l
Poe Ne
Sears Roebuck
Shoney's Inc
Signet Banking
Ee Co. Ae
Eos Union
Universal Corp
Usair Group
USX Corp
Wendy's
Westinghouse
Westmoreland
Westvaco Corp
Feer
Ixerox Corp
Der
Denvére
Honolulu
Newark
Cleveland
Houston. A
Continental Airlines
Ace Kennan
Chelsea Catering Co
Greg Jordan
The
Daily Telegraph
New York Stock Exchange
PhilMor
WalMarts
Amer T&t
GenEkt Ncr Cp
Toysrus FstBkSy
PepsiCos
AmExpr
Ometown ‘Sales & Rentals
Brushfork Bluefield
Quasar
ISM
Solid Alpian
Thom St
Princeton, WV
Suri
Dow
Stocks Briefs
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