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Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Aug 24, 1999
Page
13
Telergy officials said Monday that fast internet service will reach Ithaca residents this fall and extend to Syracuse later. The DSL offering claims speeds up to 40 times faster than standard modems and a price of 34.95 dollars for customers who also use Telergy’s distance service at 9.9 cents per minute.
Washington observers weigh whether the new economy driven by computers and productivity will tame inflation or require rate hikes. Greenspan and policy makers consider lifting the federal funds rate to 5.25 percent as productivity claims clash with worries over inflation and growth.
Filene's Basement Corp a discount clothing chain filed for Chapter 11 bankruptcy protection in federal court The Wellesley Massachusetts based company cited low inventory and vendor issues as reasons for the move Its Carousel Center store had closed in 1996
Zenith Electronics Corp filed for Chapter 11 in Delaware as part of a planned overhaul of its TV VCR and digital equipment business. The restructuring seeks final steps with a private investment group joining Eskimo Pie Corp bidding. The bid values Eskimo Pie at 25 million dollars and aims to replace the board.
Patricia A. Knight of Syracuse was named area spokesperson for the New York State Funeral Directors Association Inc. She will respond to local issues, distribute consumer information, and assist local media. Ronald R. Bourque of Spafford was appointed director of educational and vocational programs at the Rescue Mission to oversee the Motivational Learning Center. The center aids the plot and homeless in earning a high school equivalency diploma and pursuing education and training. Bill Nordberg joined Directions Group LLC in Skaneateles as a primary consultant with a background in operations and manufacturing. Jeanne B. Collins was appointed president of the board at Lincoln Life & Annuity Co. of New York, after roles at Market B and Carner Reinsurance. Suan Royal was mentioned in connection with corporate planning and development.
Syracuse chef Les Morrison plans The Mission on Columbus Circle converting the 1848 Westeyan Methodist Church at 304 E Onondaga St into a 75 seat Pan American restaurant opening in October or November. The menu will span Mexico to the Caribbean with chile relleno and tirrus seviche highlighted. Morrison aims for a destination spot appealing to symphony and theater crowds and downtown professionals with lunch dinners and takeout. He secured a $160000 SBA loan via Valley National Bank and will own Movino’s with partner Noah Cunningham.
State Assembly Majority Leader Michael J Bragman D Cicero calls a September 21 meeting at the State Department Building Syracuse with Joseph Calabrese of the Central New York Regional Transportation Authority and others to resolve liability and transfer issues delaying the OnTrack rail bridge over Park Street. The authority balked at restarting due to liability fears. CSX- Conrail indemnification remains a condition before transfer to OnTrack, which operates sightseeing between Syracuse and Janowitz and services to Syracuse University Armory Square and Carousel Center.
Getty Petroleum Co arrives in Syracuse with the former Dygert’s service station at 5846 S. Salina St. Pal Energy of Palmyra distributes the brand, marking Getty’s first area outlet and the fifth in upstate New York with others in Watertown Rochester and western New York.
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