Sprint CEO rules out sale after WorldCom merger collapse
Sprint CEO Bill Esrey stated Sprint is not for sale and will pursue an independent strategy after Thursday's formal collapse of the WorldCom merger. Analysts questioned the carrier's future amid takeover speculation as observers note Sprint's perceived small size in a consolidating telecom industry. Esrey emphasized Sprint is not talking to anyone and remains energized about its own plan.
MENTIONED IN THIS ARTICLE
Sprint
Sprint Corp
WorldCom Inc
Observer
Bill Esrey
Esrey
Overland Park
Kan
Price Chopper to Open Second Syracuse Area Store
Schenectady based Price Chopper will open a 68,000 square foot store in Western Lights Plaza at 9am Monday. It is the chain’s second new store in the Syracuse area this year as it updates all four Central New York locations amid competition.
MENTIONED IN THIS ARTICLE
Price Chopper
Western Lights Plaza
Syracuse
Erie Boulevard
Midler Avenue
Central New York
Two Republican lawmakers spar over online gambling bill fate
Two key Republican lawmakers say a House bill to outlaw online casinos will not widen Internet gambling, but skeptics warn the measure could still aid some gamblers and racing interests. Critics fear the bill could be defeated by lawmakers opposed to its reach as momentum from last year’s Senate approval fades.
MENTIONED IN THIS ARTICLE
House
Senate
Jobless claims rise as auto plants factor in
The Labor Department reported 31,000 Americans filed for unemployment benefits for the week ending July, an unexpected rise of 27,000 from the prior week. The increase reflects auto industry layoffs as plants prepare to build new models, signaling broader employment weakness ahead.
MENTIONED IN THIS ARTICLE
Labor Department
Company Moves Highlight Utica Area Hiring Shifts
Samuel Serianni joined Telergy as an account executive to sell telecom and energy services in the Utica Rome region. Tom Cornell named director of sales for Linstar's metal plate division serving New York and Pennsylvania. Renee M Baker promoted to marketing coordinator at Seneca Data Distributors. Alison MacLane joins Mark Russell & Associates as agency receptionist after prior roles in security systems dispatch and customer service.
MENTIONED IN THIS ARTICLE
Samuel Serianni
Telergy
Serianni
Utica
Rome
Serrani
Cellular One
Tom Cornell
Linstar
New York
Pennsylvania
Renee M. Baker
Seneca Data Distributors
Baker
Alison MacLane
Syracuse
Mark Russell & Associates
MacLane
Somtral Secuity Systems
Agway Energy
Judge backs trustee in Bennett bankruptcy payment dispute
US Bankruptcy Court Judge Stephen D Gerling rejected critics who said trustee Richard C Breeden did little to collect lease payments. Gerling noted debtors often resist paying andBreeden likely acted to secure funds. Breeden may seek up to 3 percent of collected sums, with $574 million already gathered for 21,000 creditors and unsecured creditors receiving two payments so far.
MENTIONED IN THIS ARTICLE
AUS
Thursday
Bennett Companies
Bennett Cred
Itors
Richard C Breeden
Breeden
Bankruptcy Court
Stephen D Gerling
Gerling
Bennett
Millon Ife
Ments
District of
New York
United States and Vietnam Sign Landmark Trade Agreement
The United States and Vietnam signed a broad trade pact after resolving disputes, granting Vietnam access to the U S market on par with other nations. Vietnam will lower tariffs and barriers on U S goods and services, while the U S would cut tariffs on Vietnamese products and boost protections for U S firms. The deal seeks congressional approval and faces union and GOP scrutiny amid broader China talks.
MENTIONED IN THIS ARTICLE
Washington
United States
Vietnam
Charlene Barshefsky
Vu Khoan
White House
Clinton
Congress
Franklin Vargo
National Association of Manufacturers
Hanoi
World Trade Organization
World Bank
ICANN debates new dot suffixes at Yokohama conference
Regulators and industry groups meet in Yokohama to discuss adding new top level domain suffixes to the Internet. ICANN aims to increase options like travel or finance labels while balancing trademark protection and potential confusion. The discussion covers timing, branding, and enforcement as stakeholders press for a gradual rollout.
MENTIONED IN THIS ARTICLE
Yokohama
Japan
Dueyuin
Dutvudu
Duigov
Internet Corporation
ICANN
Names Council
Gov
Britain
Amazon
Health care workers shortage worries Central New York
Health care providers and operators of elder care homes in Central New York met at the Syracuse Home Association to discuss a staffing shortage caused by low unemployment. The NYAHSA event covered state recruiting and training programs, workforce boards, and funding options, with data showing health services as a major local industry and a rising demand for workers as unemployment stays low.
MENTIONED IN THIS ARTICLE
Central
New York
New York Association of Homes and Services For the Aging
Nyahsa
Syracuse Home Association
Meigs Road
Baldwinsville
State Association
Central New York
State Labor Department
Education
Labor Deartment
Ocal
Daniel Curran
Labor Department
Curran
Karen Knapik-Scalzo
Department of Labor
Knapik- Scalzo
Mark Murphy
Murphy
Syd Pringle
Jewish Homes
Prngle
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The
Associated Press
U.S
Carpill
Caterpillar
Nike
China
Lke
SONY
Hana Street
Vienna
Mve
Hbs
Dat Dedst
Theresa Swinehart
Jonathan Cohen
UANN
Hedi Hong