Reported by Star-Bulletin staff & wire
Wednesday, December 18, 1996
Reported by Star-Bulletin staff & wire
Wednesday, December 18, 1996
The Hawaii Association of Realtors is opening its legal hotline so that all real estate agents can use it, beginning Jan. 1. Realtors’ legal hotline
to be open to all agentsThis year, association members have placed about 600 calls to the Realtors' general consul, Pitluck Kido Sato & Stone. But the group has decided to hand over administration of the service to the law firm and open it up to all real estate agents, said Nicki Ann Thompson, the group's executive vice president. For an annual fee of $150, real estate agents will be able to call the hotline and get general legal advice to help reduce liability, and to get updates on changes in the industry.
IRVING, Texas - GTE Corp. said today it is offering customers two domestic and one international business long-distance flat-rate calling plans. GTE offers flat rates
for long distanceStamford, Conn. GTE, which is the parent company of GTE Hawaiian Tel, said the one of the domestic calling plans, designed for heavy-usage businesses, offers rates as low as 14 cents a minute.
The other domestic plan, for lower-usage businesses, has rates as low as 15 cents a minute. International plan calls are priced at a single rate to a particular country, regardless of the time of day.
GTE also said that effective today its long-distance service is available in all 50 states. GTE began offering long-distance service in Hawaii in May.
LONDON - British Airways Plc said it plans to sell all of its stock in USAir Group Inc., ending a three-year-old partnership that went sour when BA turned to American Airlines Inc. in June for a bigger U.S. alliance. British Airways selling its
USAir Group stockThe sale gives BA a clean exit from its $400 million investment in USAir, which is rebounding from losses that last year forced BA to write down half of the stake's value. Its almost one-quarter share of USAir is now worth about $425 million, more than double the amount recorded in BA's books, according to Bloomberg Business News.
The move also signals the British Air's confidence that it can secure the pact with American, which a growing number of aviation experts say is moving toward clearance by U.K. and U.S. antitrust authorities.
For Arlington, Va.-based USAir, the exit of its single biggest investor could renew takeover speculation that's long surrounded the No. 6 U.S. airline.