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Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Dec 28, 1999
Page
7
Many Americans pursued new buying experiences amid high demand and service gaps. Customers faced long waits, limited delivery, and unclear Web consulting options as firms struggled to meet expectations. Prices from major firms like PricewaterhouseCoopers surfaced as factors in consumer choices. Some shoppers ended negotiations early amidst service failures.
Warren Buffet and wife Susan donate 2500 Berkshire Hathaway Class A shares valued around 134 million to four charities. Berkshire declined to name the groups. Shares traded at 53 600 on the New York Stock Exchange, with a one week sale cap of ten shares. Spartech to acquire Uniroyal Technology High Performance Plastics unit for about 218 million. St Louis based Spartech makes engineered plastics. High Performance Plastics is in South Bend Indiana.
Gregory W. Loh named senior partner and director of public relations services at Eric Mower and Associates, overseeing four offices in Buffalo, Rochester, Syracuse, and Albany. Todd Jones joins Clough Harbour & Associates with 100 years of environmental experience. James C. Kirkwood becomes president and COO of Wilcox Press Inc. Dr A G Mesa elected chair of obstetrics and gynecology at St Joseph's Hospital Health Center. Dr Musa serves as clinical professor at SUNY Health Science Center and led gynecologic oncology residency and fellowship at University of Tennessee.
Crouse-Hinds plans to switch off computer systems and its Niagara Mohawk link on Dec 31 and run on emergency generators with extra security. Anheuser-Busch Lysander and Crucible Steel Geddes will have standby generators to run critical systems. Full production resumes Jan 3. Bristol-Myers Syracuse will pause Dec 31 and Jan 1, then restart.
Record U.S. ticket sales reached about $7.5 billion with 1.5 billion admissions, the highest in 40 years. Star Wars The Phantom Menace led with $429.9 million, while The Sixth Sense and Toy Story 2 each posted top grosses as Hollywood celebrated one of its most diverse lineups.
U S steelmakers raise prices after a period of low prices as imports decline and demand rises. Major players like U S Steel Bethlehem Steel and Birmingham Steel announce increases on flat rolled and galvanized sheet products used in cars and construction. Analysts say higher prices may boost profitability but do not guarantee more jobs due to automation and possible further cuts.
Assembly Majority Leader Michael J. Stege accuses CSX Corp of delaying a $3.78 million bridge replacement on Route 173 at Canton Street in Warners. DOT may impose weight limits if the hold continues, risking detours for emergency vehicles. CSX says it seeks contract language reflecting its ownership and standard policies.
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