Pilots' pal Ferris faces supreme test at United
Richard J. Ferris, once beloved by United pilots for his word and bridge building, now confronts a four week strike by 5,000 ALPA members as United loses millions. Critics say his vow to share wealth with pilots clashed with company profits and prompted talks of a strikebreakers plan. Ferris defends his record, noting past labor battles and his commitment to keeping promises while steering United through tough economic times. He rose from hotel management to lead United amid deregulation era competition.
MENTIONED IN THIS ARTICLE
Chicago
United
Richard J. Ferris
Pal
John LeRoy
Air Line Pilots Association
United Airlines
Vietnam
LeRoy
Ferris
Alfred Norling
Kidder Peabody & Co. Inc
New York
ALPA
James Guyette
Sacramento
Calif
Cornell
Western International Hotels
Westin Hotels
Apple Might Be Worth the Bite Says Carbondale Dealers
Carbondale stock dealers survey highlights Apple Computer as a long term risk buy at about 16 to 12 dollars amid leadership changes. They cite JAZZ as a catalyst, note industry slump, and discuss convertible bonds from IBM Interfirst and U S Steel. HP Helmerich and Payne and General Motors are also named with earnings and diversification plans cited.
MENTIONED IN THIS ARTICLE
Tony Stevens
Southern Illinois
Carbondale
Patrick J. Burley
Burley-Shay Investments
John Purcell
Thomson-McKinnon Securities
Don Hancock
D. R. Hancock
Gary Parrish
A. G. Edwards
Burley
Apple Computer
Apple
Steve Jobs
Hancock
Parrish
General Motors
Roger Smith
E.D.S. Systems
Electronic Data Systems
Hughes Aircraft
Smith
UAW delays AMC contract talks due to travel issues
United Auto Workers postponed the AMC talks for one day after local reps could not make travel connections. Three locals represent about 8,500 AMC workers. The delay follows last week's separate meetings on a proposed payment plan. Meanwhile, commodity markets showed declines for corn and soybeans, steady hogs, and mixed cattle and pork prices.
MENTIONED IN THIS ARTICLE
Rosemont
United Auto Workers
American Motors Corp
UAW
Ray Majerus
AMC
Kenosha
Wis
Milwaukee
Toledo, Ohio
New York Mercantile Exchange
Organization of Petroleum Exporting
Chicago Board of Trade
Chicago Mercantile Exchange
Radio interference prompts FAA discipline for pilots
The FAA says two United Airlines pilots face discipline after interfering with radio transmissions during the carrier's three week strike. About 50 incidents have been reported since May 17, with actions possible against other pilots. incidents occurred near O Hare and Seattle Tacoma airports.
MENTIONED IN THIS ARTICLE
Washington
United Airlines
Federal Aviation Administration
FAA
Dennis Feldman
United
Feldman
O’hare International
Chicago
Seattle-Tacoma
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Hal Binyon
Cornell University
Binyon
Continental Plaza
UAL Inc
UAL
IBM
U. S. Steel
Purcell
Helmerich and Payne, Inc
Uaw-Amc
OPEC
Southern
Illinois
PFC
Minnesota Mutual
W. Cherry Herrin
eAir
TELN
New Rt
East & South Reed Station Rd
GMC
Dominique Ratcliffe
Gayle Carter
Marion Watkinson
Kevin McConnoughhay
Randy Scumpter
Steve Brown
Ron Patton, Bus
Mgr
MT. Vernon