BRIEFCASE.Byline: - Staff and Wire Services Pilots claim stock from Northwest MINNEAPOLIS - Northwest Airlines Corp. pilots will hold an $888 million claim to be paid in stock when the carrier emerges from bankruptcy, the pilots union said in a presentation to members. Northwest pilots are voting through May 3 on the tentative agreement reached with the airline last month. The deal came after a strike threat and tough negotiations that blew past two deadlines set by a bankruptcy court bankruptcy court n. the specialized Federal court in which bankruptcy matters under the Federal Bankruptcy Act are conducted. There are several bankruptcy courts in each state, and each one's territory covers several counties. judge. The Northwest branch of the Air Line Pilots Association posted video of its March 27 presentation to pilots on its Web site late Tuesday that offers the closest look yet at which battles they won and lost in their talks with Northwest. FCC (1) (Federal Communications Commission, Washington, DC, www.fcc.gov) The U.S. government agency that regulates interstate and international communications including wire, cable, radio, TV and satellite. The FCC was created under the U.S. : Firms can bid on airwaves WASHINGTON - Under new rules designed to increase competitive bidding Competitive bidding A securities offering process in which securities firms submit competing bids to the issuer for the securities the issuer wishes to sell. competitive bidding 1. , companies that want to sell such wireless services as high-speed Internet and video will be able to buy a big chunk of airwaves at a government auction. The Federal Communications Commission Federal Communications Commission (FCC), independent executive agency of the U.S. government established in 1934 to regulate interstate and foreign communications in the public interest. on Wednesday voted to require anonymous bidding at he June 29 auction to prevent companies from colluding to keep out competitors and to drive prices down. Bidding would be open, though, if the FCC determines that enough companies are seeking licenses. Bausch & Lomb tries to reassure ROCHESTER, N.Y. - Bausch & Lomb Inc. scrambled to reassure investors Wednesday as federal health officials try to unravel the mystery of whether its newest contact lens solution is to blame for a flurry of potentially severe eye infections. The source of an apparent spike in Fusarium Fusarium a genus of fungi; some species are plant pathogens and some are opportunistic infectious agents of humans and animals. Many also produce trichothecene toxins which cause poisoning of animals if the infected material, usually stored feed, is eaten. keratitis keratitis Inflammation of the cornea (see eye). The conjunctiva may also be inflamed (keratoconjunctivitis). Depending on the cause, including dryness of the eye (from low tear production or inability to close the eye), chemical or physical injury, or certain infections linked to the ReNu with MoistureLoc contact-lens solution remains unknown, and it could be weeks before an explanation is found, its chief executive, Ron Zarrella, said Wednesday. The eye-care products maker halted U.S. shipments of the cleaning solution Monday while the Centers for Disease Control and Prevention Centers for Disease Control and Prevention (CDC), agency of the U.S. Public Health Service since 1973, with headquarters in Atlanta; it was established in 1946 as the Communicable Disease Center. investigates 109 reports of infection in patients in 17 states dating to June 2005. Big rat symbol of pilots' gripes gripe v. griped, grip·ing, gripes v.intr. 1. Informal To complain naggingly or petulantly; grumble. 2. To have sharp pains in the bowels. v.tr. 1. ATLANTA - Hundreds of Delta Air Lines Inc. pilots marched near the company's headquarters Wednesday and placed a giant inflatable rat on a street corner to symbolize what they see as corporate greed in management's effort to void their contract and impose pay cuts. The demonstration came even as there appeared to be progress in talks that were continuing between union and company negotiators at a hotel in New York. |
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