GM to end 10-day sales reports
General Motors Corp. said yesterday that it was ending its decades-old practice of reporting its sales every 10 days, a move expected to be matched by Ford Motor Co. next week.
Chrysler Corp. stopped reporting its 10-day sales two years ago. The Big Three and foreign automakers will continue reporting monthly sales.
America Online going interactive
America Online Inc. said yesterday that it is developing services for interactive television next year, further solidifying the convergence of computer, telephone and cable TV media.
The Vienna, Va.-based company will team up with General Instrument Corp., which will provide a cable television set-top box that allows viewers to gain access to multimedia services on their TV screens.
USAir offers 2-for-1 tickets
Responding to competition from Continental Airlines, USAir Group Inc. introduced yesterday a limited program that permits passengers to take a companion for free on some USAir flights to and from Norfolk, Va., and Greensboro, N.C., until Feb. 16.
Since Oct. 1, Continental has operated its "Add a Penny, Add a Pal" fares between Baltimore-Washington International Airport and 10 cities. While USAir's program is far more limited than Continental's, it does allow passengers using a free ticket to earn frequent flier points.
Dollar rallies against mark
The dollar rallied yesterday to reach a 4 1/2 -month high against the German mark on the latest wave of upbeat U.S. economic news.
The dollar climbed to 1.7225 marks, the highest level since mid-August, in late New York trading from 1.7155 marks Tuesday.
MedImmune drug set for review
MedImmune Inc.'s most important drug, Respivir, is slated for review today by a Food and Drug Administration advisory panel that could decide its fate as a preventive treatment for a respiratory virus in infants.
Shares of MedImmune Inc. rose yesterday in anticipation of a favorable panel review, then plunged after an unfavorable CNBC television review. Shares closed at $23 a share, down $1.
Attendants seek to rejoin talks
United Airlines' flight attendant leaders, who had withdrawn from employee buyout talks, wanted to rejoin the effort yesterday as ground crew and pilot unions resumed talks with the airline.