Talks stall in USAir and British Airways deal
Weekend talks failed to bridge differences on a proposed 750 million British Airways stake in Arlington based USAir Group. Officials said no change in stance and approval remains unlikely without greater U.S. access to British airspace. The plan would reshape US and international airline competition amid a crowded, debt laden industry.
MENTIONED IN THIS ARTICLE
Usair
British Airways
Bush
John Major
British Airways PLC
Usair Group
Sunjay
British Air
U.S
American
United
Delta Airlines
Washington
Eqmnem
Andrew H. Card Jr
Britain
London
Heathrow
Federal Express
Bill Clinton
Hie
Usaurs
Gas prices dip in Cleveland area survey finds drop
AAA Ohio reports a nickel drop since Thanksgiving and near Christmas 1991 levels. Self serve regular averages 1.10, midgrade 1.24, premium 1.32, diesel 1.23. full serve regular 1.46, midgrade 1.56, premium 1.62, diesel 1.39. Jer ome Turk notes stations incur higher costs and urges full service at times for maintenance.
MENTIONED IN THIS ARTICLE
Cleveland
Ohio
Aaa-Ohio Motorists Association
Jerome Turk
Association
Turk
Steven J Ross dies at 65 former Time Warner chief
Steven J Ross, chairman and co chief executive of Time Warner, died in Los Angeles after battling prostate cancer. The entertainment and media mogul forged Hollywood ties with Clint Eastwood and Barbra Streisand while building a vast conglomerate. His 1990 Warner buyout yielded about 74 million in stock gains as Time Warner reorganized. The company later moved to drop six directors from its board, drawing criticism from insiders and confirms the upheaval following his death.
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New York
Steven J Ross
Hollywood
Ross
Time Warner Inc
Los Angeles
Clint Eastwood
Steven Spielberg
Barbra Streisand
Warner
Mer Time
Time Warner
Martin D Payson
Payson
Alcoa to Cut 1,100 Jobs in Second Round
Alcoa will trim worldwide employment by 1,100 in the second round of layoffs this year. Most cuts are layoffs with some early retirements. About 100 jobs will be cut at the Pittsburgh headquarters. Alcoa employed 65,600 at the start of 1992 after a 2,100-job layoff last summer.
MENTIONED IN THIS ARTICLE
Pittsburgh
Aluminum Company of America
al Posti
Alcoa
Posti
Hans Vannila
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