Et Cetera...

KLM and three other European airlines dropped plans to merge into a single carrier.

AT&T fired ad agency Ayer, awarding its long-distance account to FCB/Leber.

Grumman agreed to pay $20 million to avert criminal fraud charges.

Apple will offer wares from L.L. Bean and Tiffany's on CD-ROM discs.

Before it's here, it's on the Bloomberg Terminal.