AT&T spins off Wireless Services unit amid stock drop
Investors greeted AT&T Corp’s latest offspring with caution as AT&T Wireless Services fell about 3 percent after the spin off. Analysts welcomed autonomy and growth potential, noting the move fits AT&T’s broader breakup plan begun last October and gives Wireless needed independence from its parent company.
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At&t
At&t Corp
At&t Wireless Services
U.S
At&t Wireless
Luiz Carvalho
Morgan Stanley
Dean Witter
At&t. Wireless
Spitzer questions utility plan to raise electric rates
State Attorney General Eliot Spitzer voiced great concern over Niagara Mohawk proposing a 13 percent electric rate hike for September. He questions the justification while reviewing the company’s finances as NiMo cites wholesale cost changes. The Public Service Commission will study the plan after public comments. Consumer credit rose in May at a 4.9 percent annual rate, the slowest since October 1999.
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Sate
Eliot Spitzer
Niagara Mohawk
Spitzer
NiMo
State Public Service Commission
Federal Reserve
Corning to close three plants amid slowdown
Corning Inc. said it would shut three manufacturing plants and cut 2,000 jobs in its photonic technologies division as part of an abrupt economic slowdown. Trading fell 3 cents to 15.10 dollars. closures will affect Benton Park in Benton Township Pennsylvania Nashua Park in Nashua New Hampshire and Nat- Optix in Natick Massachusetts.
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Corning Inc
Photonic Technologies
Corning
Benton Park
Benton Township
Corning Laseriron
Nashua Park
Nashua
N.H
Corning Nat- Optix
Natick
Mass
Syracuse area hires in business and law fields
Kathleen Wojslaw is named vice president of information technology at Crucible Specialty Metals in Solvay. Mary Lou Colbert becomes senior loan officer at Charter One Bank after roles at SBU Mortgage. Mary Lou Rice earns insurance professional of the year with extensive federation service. Peter J Osredkar and Peter R Van Allen join Bond Schoeneck and King in intellectual property and technology practice.
MENTIONED IN THIS ARTICLE
Kathleen M. Wojslaw
Crucibie Specialty Metals
The
M Solvay Facili- Wojslaw Ty
Mary Lou Colbert
Charter One Bank
Colbert
SBU Mortgage Corp
Onondaga
Cayuga
Greater Syracuse Board of Realtors
Mary Lou Rice
Federation of New York Insurance Professionals Inc
Rice
Syracuse Insurance Professionals Association
Federation
Peter J. Osredkar
Bond, Schoeneck & King Law Firm
Osredkar
Peter R. van Allen
Syracuse area housing market cools in Q2 2001 with fewer sales
The Greater Syracuse Association of Realtors reports 1545 existing single family homes sold in the quarter ended June 30, down from 1620 a year earlier. Inventory declined to 2060 listings from 2070, while median prices rose to 84800 in the area and 91500 in Onondaga County.
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Syracuse
Greater
Onondaga County
Realtors’ Association
Retro McDonalds Goes Back to Future at Baldwinsville
McDonald's opens a retro diner near Baldwinsville Central New York blending 1950s drive-in nostalgia with high tech service. Owner Paul Ross showcases Elvis and Buddy Holly memorabilia, vintage jukeboxes, neon, and car club friendly spaces while offering classic burgers and fries.
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New York
King
Sandra Dee
Mickey D's
Wayback
Baldwinsville
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San Bernardino
Calif
Global Corporation
Connie Francis
Ross
Wisconsin
Buddy Holly
Elvis Presley
Roy Orbison
Hard Rock Cafe
Planet Hollywood
Frank Ordonez
Syracuse area second quarter home sales dip in 2026
The number of existing single family homes sold in the Syracuse area fell in the three months ended June 30 from the same period a year earlier. Despite the drop sales remain above figures from the mid-1990s.
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Syracuse
Expansion project wins SIDA approval for Carousel Center plan
The Syracuse Industrial Development Agency approved a $900 million Carousel Center expansion. Pyramid Cos owner Pyramid plans multi phase or single phase construction with a 0 year tax exemption and $250 million in bonds backed by payments in lieu of taxes. The project aims to add a four story aquarium ice rink hotel and theme restaurants and is expected to create 9 000 year round jobs and 11 000 construction roles while boosting the local economy by about $2.2 billion annually.
MENTIONED IN THIS ARTICLE
Syracuse Industrial Development Agency
Carousel Center
Kamid Company of
Onondaga
Pyramid Cos
Lus
Pyramid
North America
Syracuse Common Council
Quondaga County
Irwin Davis
David Cordeau
City Development Agency
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Source
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Dick McDonald
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Ill
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Speedee
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Cayue
Greater Syra of Realtors
Iel
Ies
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Iwego
SIDA