PSU professor wins award
Charles Ghilani, professor of engineering at Penn State Wilkes-Barre, is one of two 2013 recipients of the Milton S. Eisenhower Award for Distinguished Teaching.
The award recognizes excellence in teaching and student support among tenured faculty who have been employed full time for at least five years with undergraduate teaching as a major portion of their duties.
Milton S. Eisenhower, brother of former U.S. President Dwight D. Eisenhower, served as president of Penn State from 1950 to 1956.
A faculty member since 1989, Ghilani designed the bachelor’s degree in surveying engineering. Ghilani was honored at a ceremony this week in State College.
Airline merger looking up
A federal bankruptcy judge signaled his support for the $11 billion merger of American Airlines and US Airways.
But Judge Sean H. Lane deferred giving his official blessing until he could further consider the timing of a severance package for outgoing American CEO Tom Horton.
“The merger is an excellent result. I don’t think anybody disputes that,” Lane said Wednesday during a court hearing. American has been in bankruptcy protection since November 2011.
The companies have proposed paying Horton $20 million in severance. Horton has agreed to step down as CEO and leave the company within a year of the merger’s closing. The U.S. trustee objected to Horton’s severance, saying it is in excess of limits set under the bankruptcy code.
Cyprus limits withdrawals
Cypriots will only be allowed to withdraw 300 euros ($383) in cash each day when the country’s banks open for the first time in more than a week today, the state news agency says.
Credit or debit card payments abroad will be capped at 5,000 euros a day, while no checks will be cashed, although they can be deposited in bank accounts, the agency said Wednesday.
Meanwhile, armed police officers guarded several trucks carrying containers arriving at the country’s Central Bank in Nicosia. A helicopter hovered overhead.