Economic Outlook Sees Modest Rise in Leading Indicators
Economists forecast a slight uptick in the Index of Leading Indicators for April, predicting a 0.3 to 0.4 percent rise after a 1 percent March drop. Analysts caution payroll growth remains slow, unemployment near 7 percent, and health care costs weigh on hiring despite cautious employer sentiment. Construction spending slipped 0.4 percent while personal income stagnated and consumer spending rose 1 percent.
MENTIONED IN THIS ARTICLE
Reaser
Commerce Department
Goulds Pumps Inc Reports First Quarter Results
Goulds Pumps Inc reports weaker first quarter sales and earnings versus one year earlier due to changes in retiree benefits accounting. Q1 sales were 1.244 billion, down from 1.349 billion. orders 126.5 million vs a 141.8 million record in Q1 1992. EPS 0.16 vs 0.34.
MENTIONED IN THIS ARTICLE
Goulds Pumps Inc
Keon Peters
Macy's to launch 24 hour cable channel TV Macy's
Macy's announces TV Macy's a 24 hour cable channel set to debut in fall 1994. It will sell private label apparel housewares and other items along with national brands, competing with Home Shopping Network and QVC.
MENTIONED IN THIS ARTICLE
Macy's
TV Macy's
Home Shopping Network
QVC
Macy & Co. Inc
Stock prices rise on lower rates and mixed news
Stock prices rose sharply Tuesday driven by lower interest rates and some positive economic data. The Dow Jones climbed over 40 points at one point, briefly topping its record before closing up 2491 points at 3 552 34.
MENTIONED IN THIS ARTICLE
Dow Jones
Stock Quote Hotline Offers 24 Hour NYSE AMEX NASDAQ Quotes
The Herald-Journal provides free stock quotations around the clock via NewsLine. Dial 472-2111 and enter category 9988 for quotes or 9989 for directions using a Touch-Tone phone.
MENTIONED IN THIS ARTICLE
Herald-Journal
Pep Boys to open second Syracuse area store on Erie Boulevard
Pep Boys plans a 23000 square foot store with 10 service bays on Erie Boulevard at Thompson Road, site of the former Holiday Bowl. The project, valued around 3 million dollars, aims to serve three market segments and expands Pep Boys toward a planned 600 stores in 37 states by 1997. The Erie Boulevard opening date was not disclosed.
MENTIONED IN THIS ARTICLE
Pep Boys Auto Parts
Syracuse
Erie Boulevard
Thompson Road
Pep Boys
Route 12
Syracuse-Area
Fred Stampone
Senor
Stampone
Policy shift favors foreign firms with US plants
The Clinton administration adoption prioritizes American owned firms with US factories, then foreign owned ones, over offshore or domestic producers. Officials say the stance marks a major reordering of trade and export promotion, affecting scarce aid decisions and future policy.
MENTIONED IN THIS ARTICLE
United States
Tion
Robert B. Reich
Laura D’andrea Tyson
Council of Economic Advisers
Trade and Commerce
Clinton
Aluminum strike averted as unions back contract
United Steelworkers and Aluminum, Brick, and Glass Workers union leaders urged 17,000 members to accept a tentative deal with Alcoa and Reynolds Metals Inc. The contract includes raises and pension gains, with a health care cost share for some workers. The agreement came at 4 a.m. Tuesday, narrowly avoiding a strike set for that day.
MENTIONED IN THIS ARTICLE
Aluminum
Alcoa
Reynolds Metals Inc
United Steelworkers of America
Aluminum, Brick, and Glass Workers Union
Reynolds Metals
The
Aluminum Workers Union
Ford expands standard dual air bags across most 1994 lines
Ford Motor Co. announced it will make driver and passenger air bags standard in 13 of 17 car lines for 1994 models built this fall, moving toward federal mandates for dual air bags in all cars by 1998 and trucks by 1999. Ralph Nader praised the move, highlighting the Taurus and a pledge by celebrities to buy the first car with standard dual air bags.
MENTIONED IN THIS ARTICLE
Ford Motor Co
Ford
Ralph Nader
Nader
Steve Allen
Edward Asner
Dan Aykroid
Peter Falk
Dustin Hoffman
Bill Murray
Paul Newman
Burt Reynolds
Abigail van Buren
Watchdogs chide NiMo over breaks to business
State consumer protection advocates attack Niagara Mohawk Power Corp plans to offer ratepayer funded discounts for large industrial customers and subsidies for customers who struggle to pay bills. They warn these measures could raise bills for other customers and call for broader rate reductions across all customers.
MENTIONED IN THIS ARTICLE
Niagara Mohawk Power Corp
State
Consumer Protection Board
Niagara Mohawk
State Public Service Commission
Lynn Fitzgerald
The
NiMo
Fitzgerald
Kerry Burns
Burns
Niagara Mohawk talks extend after three year labor pact ends
Niagara Mohawk Power Corp and IBEW Local 79 continued negotiations after the three year contract for 8,500 workers expired at midnight Monday. Spokeswoman Kerry Burns said talks would continue, with union member Ray Wallilee noting hope for a quick agreement. If settled, workers may vote on a new contract. current provisions keep in force. The utility employs about 11,900 people across Upstate New York.
MENTIONED IN THIS ARTICLE
Niagara Mohawk Power Corp
Electric and Gas Utility
International Brotherhood of Electrical Workers
Niagara Mohawk
Kerry Burns
Ray Wallilee
IBEW
New York
New appointments in Oswego and Central New York
Robert B. Hittiick joins Oswego County Sawmas as auditor. Ginny Turley promoted to director of home care and patient services at St. Joseph's Certified Home Health Care Agency in Syracuse. James Kring named Central New York representative for Professional Program Management Inc., Buffalo.
MENTIONED IN THIS ARTICLE
Ginny Turley
St. Joseph's
Prospect Ave
Syracuse
James Kring
Fulton
Central New York
Professional Program Management Inc
Buffalo
First General Services opens new Syracuse office warehouse
New offices for First General Services of Syracuse occupy a 12,880 square foot office warehouse in Dwight Park Drive Industrial Park Lakeside employing 60 to 79 people. Bonnie Gardino at Hutchings Sunrise Community Center named 1992 Employee of the Year. Daniel Engelhardt, VP of program development and plan.
MENTIONED IN THIS ARTICLE
First General Services of
Syracuse
Dwight Park Drive
Lakeside
Bonnie Gardino
Hutchings’ Sunrse Community Center
Hutchings Psychiatric Center
Daniel P. Engelhardt
Syracuse Professionals Receive Various Industry Honors
De Mus ning at Loretto in Syracuse hosts the 1993 Professional of the Year award from the New York Association of Homes and Services for the Aging. Elizabeth Jowassas, principal of Jowassas Design, earns nine awards in the Syracuse Ad Club competition. Connecticut Mutual Life’s Syracuse agency garners two awards in 1992 for agency development and quality administration. Four Oneida Silversmiths ads gain praise in US Ad Renewal. Toronto-based Deutsch/Dworm created the ads for Oneida. BG William Teeples of Teeples Peer-Pe attends the National Relocation Conference with over 2,000 relocation professionals. Justus Q. Linkletter Jr. of Risk Management Associates in Manlius joins the Society of Risk Management Consultants. Mark Russell & Associates named agency of record for Citizens Savings Bank of Ithaca.
MENTIONED IN THIS ARTICLE
Ning
Loretto
Syracuse
New York Association of Homes and Services
Elizabeth Jowassas
Jowassas Design
Syracuse Ad Club
Connecticut Mutual Life Insurance Co
Connecticut Mutual
William Teeples
Teeples Peer- Pe
Baldwinsville
Also Mentioned on This Page
Evel Isis
Aie Fru
Lynn Reaser
Furst Interstate Bancara
Los Angeles
Dan Padovano
Goulds Pumps
Enna
StockQuote Hotline
Prine
Sao
Dave Gilmore
Ryan Survey
Whelan & Curry Construction Services Inc
Philadelphia
Oper
Ated Stores
Midwest
West
New York Times News Service
America
Mrelers Eaens
Associated Press
Robert B. Hittiick
Starf
Oswego County
Sawmas
Bank 2S
Gardino Awards
Engelhardt
Mus
Oneida
Ware
Deutsch/Dworm
New York City
Mark Russell & Associates
N. Sahna St
Citizens Savings Bank of
Ithaca
Ellen Miller
Company Matters
Herald-Journal Business Desk
P.O Box
N.Y
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