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Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Dec 24, 1995
Page
13
Giving climbs as stock gaits roll in and donations increase across businesses foundations and individuals totaling about 130 billion last year after inflation adjustments. Despite scandals and looming budget cuts the nonprofit sector shows gradual recovery from the early 1990s lag.
Queens based One World Toys markets dolls action figures and games aimed at pre-schoolers with diverse ethnic representations. Founders Victoria Clark and Michael Gertler expect retailers to embrace multicultural products as consumers demand diversity. Census predicts rising minority shares of children by 2010 and a surge in spending by Black consumers on toys last year.
Nationwide industry trade journal Impact reports in 1995 shipments of light beers rose while premium and budget brands fell. Anheuser Busch led with 83.1 million barrels after a 1.2 percent drop, boosted by Bud Light and Michelob Light. Miller Brewing Co, ranked second, declined 0.9 percent to 429 million barrels.
Analysts cite a mix of investor fatigue and wary mood driving a 101 point Dow decline on Monday. Trade volumes remained steady as financials and tech shares contributed to the fall, with traders watching earnings and geopolitical cues for direction.
The Progress edition analyzes business prospects for 1996 and plans publication January 28 in Herald American. Gail Susan Royal leads the feature as the primary contact and the piece compiles key market information for readers.
As 1995 ends, workers face pink slips at Kum b erly Clank Corp and other firms due to mergers and downsizing. The cuts affect diverse companies from First Security Corp in Salt Lake City to America West Airlines in Phoenix and Grand Union in Wayne New Jersey. Analysts say the taboo against layoffs during holidays is eroding as major employers shrink workforces.
Two local entrepreneurs Ken Sniper and Bert Sarno cooperate on a painted brick wall at 1606 West Genesee Street that links The Brooklyn Pickle and Sarno Insurance. The evolving mural features a skyline and Brooklyn Bridge and serves as a visible entrance to the West Side.
A new home cholesterol test from ChemTrak and Johnson & Johnson costs around $15 to $20 for a single kit and provides a 15 minute total cholesterol reading. Experts urge caution, noting it does not reveal HDL or LDL levels and advise medical follow up for high scores or risk factors.
A state court ruling could shape nationwide handling of consumer complaints over vanishing premium life policies. New York Life proposes an 87 million dollar class action settlement covering 3 million customers, with restitution tied to arbitration proof of wrongdoing and collateral agreements on policy cash value.
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