Article Abstract:
Bell Atlantic's local phone customers from Maine to Virginia will have to expect delays in installation, repairs and other services because of the strike of 73,000 company workers. According to analyst Jeffrey Kagan, since the striking members of the Communications Workers of America union include field technicians, operators and customer help representatives, delays in those service will have to be anticipated. The strike, which started on midnight of Aug. 9, 1998, is aimed to prevent Bell Atlantic from shifting jobs to other firms or to non-union subsidiaries.
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Local phone customers will have to expect delays in placement, repairs & other svcs due to strike of 73,000 workers
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Article Abstract:
The Citicorp and Travelers Group proposed $80 billion merger would make Citigroup the largest financial services company in the world. It will be the first U.S. based universal bank that can offer a full menu of services in insurance, underwriting, lending, brokerage and others. The companies combined will have a 100 million customers and 30% of those customers live outside the U.S. in 100 different countries. Citicorp's goal is to sign up 1 billion customers by the year 2010.
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The Citicorp and Travelers Group proposed merger would make Citigroup the largest financial services company in the world
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Venture capital companies are investing huge amounts of money in Internet start-ups. In the first quarter of 1999, venture capital firms invested a record $2.1 billion in Internet startups, up from $1.6 billion in the same period a year ago, according to VentureOne. Sources of funds run the gamut from big technology companies such as IBM and Intel to billionaire investors such as Michael Dell.
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