Test flights begin for final Longbowcopter prototype
The sixth AH-64D Longbow Apache prototype has started test flights at McDonnell Douglas Helicopter Systems in Mesa, advancing to full-scale field tests later this year. The fleet will support testing and evaluation. the Army plans to equip 227 of 821 Apaches with the Longbow radar. Legend Trail golf project will open in January 1995 in north Scottsdale, with New York investor Ziff Communications and pro Al Mengert backing development. Interest rates for three and six month Treasury bills rose to the highest since mid 1992 in Monday's auction.
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McDonnell Douglas Helicopter Systems
Mesa
Army
Legend Trail
Scottsdale
Desert Ranch
Ziff Communications
al Mengert
Pima
Stagecoach Pass
Treasury
Treasury Department
Deloitte to pay millions in government settlement
Deloitte & Touche, a leading accounting firm, will pay 312 million dollars to federal regulators to settle claims of alleged accounting and auditing failures. The firm will allocate 236.8 million to the Resolution Trust Corp. and 75.2 million to the FDIC. It also accepts an Office of Thrift Supervision order requiring partners and managers to meet training standards and adhere to professional rules.
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Deloitte & Touche
Resolution Trust Corp
Federal Deposit Insurance Corp
Office of Thrift Supervision
Taco Bell bans smoking at all its restaurants
Taco Bell Corp said on Monday it will ban smoking at all locations starting March 28, making it the largest U.S. smoke free restaurant chain. The move affects about 4,500 restaurants, with the vast majority already smoke free.
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Taco Bell Corp
Sprint to invest 350 million in faster fiber network upgrade
Sprint announced a 350 million plan to upgrade its 23 000 mile long distance network with SONET fiber technology across 338 locations to deliver two times faster speeds up to 2 5 gigabits per second, enabling milliseconds restoral and quicker access to remote databases and interactive services while competing with AT&T and MCI Communications Corp.
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Washington
Sprint
Tony Alotto
At&t
MCI Communications Corp
Paul Aran
Bear Stearns
Alotto
Busin
Esses
Frank Ianna
Sanna
MCI
David Thompson
Robotic Solar Lawn Mower Eyes 1.2 Billion Market
The AP reports Poulan-Weed Eater will sell a 120-pound solar powered mower that operates autonomously within a buried boundary wire. It features a aluminum frame, solar tiles, and onboard sensors guiding daytime lawn cutting. Two hundred units will be tested in Philadelphia suburbs, Montreal, Baltimore and multiple U S regions.
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New York
Dave Anderson
Poulan-Weed Eater
Shreveport
Anderson
Philadelphia
Montreal
Baltimore
Midwest
Florida
Texas
California
AmWest plan would control America West with 73 percent votes
AmWest Partners would hold 72.9 percent voting power and 37.5 percent equity in the reorganized America West under a preliminary bankruptcy deal. The agreement, filed in federal court, calls for a May 1 reorganization plan and an Aug. 15 emergence from Chapter 11.
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America West Airlines
Tempe
AmWest Partners
Continental
Mesa Airlines
Fidelity Investments
GPA Group
America West
Apple launches Power Macintosh line with PowerPC chip
Apple Computer Inc began selling the Power Macintosh lineup in New York at introductory prices around $1,800 for a 60 MHz model, with 66 and 80 MHz options. The machines use the new PowerPC RISC chip, aiming at power users like graphic designers, while noting higher accessories costs.
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New York
Apple Computer Inc
Intel Corp
Apple
Pentium
Tax tips update for 1993 tax returns and rules
Most taxpayers see little change in filing as the 1993 tax increase affects only top brackets. The standard deduction rises to 3700 singles, 6200 married jointly, 5450 heads. Personal exemption is 2350. New 36 and 39.6 percent brackets start for high earners. Installment option allows three equal payments for the extra tax due in 1993 with the first by April 15. Social Security rules adjust benefits for retirees under 65 and 65 to 69.
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Intel
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