Pilots dispute escalates

Article Abstract:

American Airlines, the second-biggest airline in the US, has broken off negotiations with its pilots' union over a disagreement on the airline's $124 million purchase of Reno Air of Nevada. The dispute stemmed from the concern of its 9,200 pilots that they might lose their positions and other benefits to their lower-paid counterparts at Reno Air. The negotiation stoppage has forced the airline to cancel flights as pilots failed to report for work.

Scheduled Air Transportation, Personnel administration, Scheduled Airlines, American Airlines Inc.

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Firm opens doors to deals on line

Article Abstract:

OffRoad Capital of San Francisco, Ca, has launched a Web site that allows high-networth individuals to invest online in established private growth companies that need venture capital. The company aims to service the 5.7 million American households with $1 million or more in assets, and the 400,000 private companies in the USA with ten or more employees which are looking for ways to raise between $1 million and $10 million in capital.

Strategy & planning, On-Line Information Services, Videotex & Teletext, Internet services, Offroad Capital

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