Sweetwater Energy Inc., a closely held company that supplies systems that extract fermentable sugars from non-food plants, received $9 million to develop its technology for biofuel and biochemical refiners.
Chris Pantzke suffered a brain injury from a car bomb while serving in the Iraq War. Determined to get new skills and make a living after returning home, he joined more than 300,000 veterans taking advantage of a new GI Bill offering college tuition.
An American Airlines merger with US Airways Group Inc. may not occur during the AMR Corp. unit’s bankruptcy unless pilot groups from the carriers agree on interim contract terms, American’s pilot union said.
A group of AMR Corp. bondholders with about $885 million in debt has told pilots that its support for a stand-alone American Airlines after bankruptcy would be conditioned on the appointment of a new board.
American Airlines pilot union leaders remained steadfast in backing a merger with US Airways Group Inc. after a meeting in which Chief Executive Officer Tom Horton outlined his plan for a stand-alone exit from bankruptcy.