Schumer urges PSC to block NiMo rate hike
U.S. Senator Schumer asked New York regulators to bar Niagara Mohawk from billing customers for proposed fall rate increases tied to its merger with National Grid. He urged protecting consumers from price spikes, while noting competition may limit need for higher rates. He warned the plan could hinge on a broader shift to a competitive energy market and called for review of the long term rate proposal.
MENTIONED IN THIS ARTICLE
Charles Schumer
Niagara Mohaw
Schumer
Public Service Commission
Niagara Mohawk
National Grid Group
Meureen Helmer
State Public Service Commission
New York
PSC
Iagara Mohawk
Theresa Flaim
Piag
National
NiMo
Niagara 4Rohawk
PowerChoice
Ers
Unility
World conference slows as Davos talks focus on rates
The Davos forum centers on a global slowdown with rates in focus. Federal Reserve Chair Greenspan warned of a sharp economy slowdown, while European Central Bank officials say they will monitor the Fed and keep policy on hold unless the U.S. moves sharply. President Vicente Fox was slated to speak at noon.
MENTIONED IN THIS ARTICLE
T.s
Davos
Vicente Fox
Federal Reserve Charman
Alan Greenspan
European Central Bank
Fed
Business seminar on preparing firms for tech economy
A seminar hosted by Stewart Cheifer of Computer Chronicles and Net C ie on WCNY aims to help focal businesses thrive in the emerging tech economy. The event runs 8am to 10 noon Thursday at the Craftsman Inn in Faverneville with in advance and on day registration options and phone and online registration methods.
MENTIONED IN THIS ARTICLE
Wud
Seen Useck
Dueress Sefaimar
Stewart Cheifer
Compuuter
Net C@ie
WCNY
Craftsman Inn
Faverneville
Wewwweny.org
Executives And Hires In Syracuse Area Firms
Mark Nash joined Bollinger Inc as vice president in commercial insurance in New Jersey. He previously led regional marketing at McNeil and Co in Cortland. Bonnie White joined Sage Marketing Communications as a prep reader in Fayetteville. Terrence W McCarthy joined Green & Seifter as audit manager. David Brossart and Mary Scott Zaleski joined Gaylord Information Systems in Syracuse as product analysts. Annette Guido named sales and marketing supervisor at Coyne Textile Services in Syracuse.
MENTIONED IN THIS ARTICLE
Mark Nash
Syracuse
Bollinger Inc
Surance Divion
Nash
McNeil and Co
Cortiend
Bollinger
New Jersey
Bonnie White
Fayette- Ville
Sage Marketing Communications
White
Terrence W McCarthy
Annette Guido
Coyne Textile Services
Guido
Blue Cross-Blue Shieid
Utica
Watertown
Sum Rae
Super Bowl stock predictor boosts market optimism
The Associated Press notes a “Super Bowl Predictor” claiming stocks rise when an old NFL team wins. Giants and Ravens ties spark optimism, but analysts caution doubt and call it coincidence. Some see it as brief optimism, others deem it unreliable.
MENTIONED IN THIS ARTICLE
Wall Street
New York Giants
Baltimore Ravens
American Football
Robert Stovall
Prudential Securities
NFL
Giants
Ravens
Cleveland Browns
Browns
Archur Hogan
Jefferies & Co
Hogan
Denver Broncos
St Louis Rams
Ricky Harrington
Wachovia Securities
Barry Hyman
Weatherly Securites
Greater Syracuse Chamber Show draws large crowd and vendors
The ninth Greater Syracuse Chamber of Commerce Business Show drew about 7000 attendees with 385 exhibitors in 473 booths. CenterStage Events coordinator Jim Horsman called it their biggest show yet in the new large building as vendors shared information, free items, and potential business contacts. Local participants noted exposure and networking value, while some visitors looked for employment opportunities and to learn what local firms offer.
MENTIONED IN THIS ARTICLE
Ehind
Greater
Syracuse
Agway Exhit Center
Jim Horsman
Chamber
Mary Beth Sbaraglia
MS Unlimited
Sharaglia
Debbie Longnnot
Aunt Hartiers
Allie and
Enchanted Basket
Horsman
Rochester
Norma Wilenksy
Valley
Hearing on Niagara Mohawk rate proposal set for Wednesday
Assembly leaders plan a Wednesday hearing at 10 39 am in the Stondage County Convention Center meeting rooms 4 and 5. National Grid Niagara Mohawk officials IBEW and Public Utilities Law Project will testify on energy prices impact in the region.
MENTIONED IN THIS ARTICLE
Niagara Mohawks
Stondage County
Market price plan to start in September 2001
The utility will pay market prices in phases beginning in September 2001 as long term supply contracts expire, signaling a shift to flexible pricing. This phased approach aims to smooth transitions for customers and suppliers while managing cost exposure.
Greenspan tax views draw mixed reactions from lawmakers
In testimony before the Senate Budget Committee, Greenspan said surpluses may cover both debt payoff and tax cuts over a decade. President Bush and GOP leaders praised the stance as fiscal discipline paired with tax relief to spur growth while warning of a potential Fed rate move for a near term easing.
MENTIONED IN THIS ARTICLE
Washington
Bush
Federat*Reserve
Alan Greenspan
Greenspan
Senate Budget Committee
Green Span
White House
House
Dennis Hastert
R-N
Republican Congress
Fed
Tate
Ernest Holdings
D- 5.C
Charles Schumer
D+ ee
Green
Span
Also Mentioned on This Page
Durable-poods Onder
S&p
Associated Press
Samantha Mandel
Fidelis Insurance Company
Greater Syracuse
Ted
GOP
The