Ground workers union reaches six year pay freeze contract
American Airlines and the Transport Workers Union reach a tentative six year contract covering 27 000 ground workers including mechanics and dispatchers. No basic wage increase for 36 months with future raises of 35 percent in August 1998 and 3 percent in February 2000. Workers vote on the accord in September.
MENTIONED IN THIS ARTICLE
American
American Airlines
Transport Workers Union
Sudh
Eet
Amenean Aarbnes
Banks to shrink branches and jobs as customers move online
A Deloitte study projects up to 450,000 bank jobs may vanish in five years and branches cut by about half in ten years as customers shift to ATMs, phone, and home banking. Banks plan to replace branches with sales offices for affluent clients and reduce staff where mergers create overlap.
MENTIONED IN THIS ARTICLE
Walt
Deloitte & Touche
N Bank Labnies
Frank Woosley
National
Pay phone cards rise as coins fade in ads and tips
A shift from coin slots to wallet-size prepaid calling cards grows, with 500 plus firms selling them. Cards offer time pre-purchased from five to 350 dollars, often with celebrity images, available at stores and truck stops. Calls use toll-free access and PIN, can be recharged, and per minute rates vary widely.
MENTIONED IN THIS ARTICLE
Mariyn Monroe
Elvis
King Kong
Clark
New York
Los Angeles
Readies Extradition for Nick Leeson in Barings Fallout
Nick Leeson, the Rogue Barings Bank trader, faces extradition to Singapore over the Barings collapse. From a Frankfurt jail he plans a ghost-written book, a first interview, and TV deals. He could earn about 4.8 million dollars tied to the vast losses Barings assigns to him.
MENTIONED IN THIS ARTICLE
Singapore
Barings
Frankfurt
Nick Leeson
Interiew
Leeson
New Collegiate ABCs of Personal Finance Advice
Kenn Peters summarizes guidance for freshmen facing money management. He cites experts Nancy Dunn, Marc Eisenson, and Gerri Detweiler on budgeting, investing small sums, and avoiding credit pitfalls as students prepare for college life and independence.
MENTIONED IN THIS ARTICLE
Spaeite
Nancy Dunn
New York City
Dun ‘ Bradstreet
Marc Eisenson
Pocket Change
Elizaville
Gerri Detweiler
Bankcard Holders of
America
Parents and students debate college finances and cards
Experts urge family involvement in money decisions for students. Discussions cover spending limits, ATM use versus checking accounts, credit card necessity, and staying connected costs. Freshmen may defer work, while families plan long term finances and reassess at holidays.
Online help for Le Tay Home buyers and sellers
Kiplinger's Magazine highlights extensive online real estate resources. It cites HSH Associates, Fannie Mae, Homeowners Finance Center, AOL MLS, and Internet bulletin boards offering mortgage data, closing-cost estimates, and buying guidance for homeowners and buyers.
MENTIONED IN THIS ARTICLE
m@ HSH Associates
Hsh
Fannie Mae
Fanniemae.com
Panne Mae
Homeowners Finance Center
Mdex
California
Dick Lepre
America Online
MLS
AOL
Amenca
Homeowners Forum
United Homeowners Association
Congress
Prodigy
Also Mentioned on This Page
Barings Bank
Markat
Malcolm Berko
Rafnre
Kenn Peters
Junior
Sis
ADWCE
Bannan
Dunnan
Marc Eigenson
Sui Epiaia
Flengon
Dr. No
Hedian Cb
Detweiler
Johnny
Suzi
Able Yo Ghee
Ouch
Idevesone
Enewor
Kiplinger's Magazine