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Syracuse Herald Journal in Syracuse, New York

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This newspaper page contains 7 articles. Subscribers can read the full text of each article.

Newspaper

Syracuse Herald Journal

Location

Syracuse, New York, United States of America

Date

Jun 17, 1992

Page

14

New York probes Sears auto service practices

New York Consumer Protection Board chief Richard Kessel said he will investigate Sears Roebuck and Co. automotive service centers for possible overcharging motorists after California and New Jersey filed similar claims. California reported average overcharges of 220 per repair and questioned quotas, while Sears denies wrongdoing and cites an incentive program aligned with industry practice.

Sears, Roebuck and Co New York New York Consumer Protection Board Richard Kessel Sears California New Jersey Kessel Daily Gazette Schenectady Bureau of Consumer Affairs Marci Grossman The

Farmers Blockade Planned Around Paris by Rural Coordination

The Rural Coordination, a militant farmers group, says it will block Paris next week to protest EC subsidy cuts. Demonstrations in six towns continue as farmers seek mainstream union support, aiming to pressure the Socialist government over EC agreed subsidies. disputes hit Normandy regions and markets.

Paris Rural Coordination Fox Ariege Haute-Garonne Tarn Lot Gers

SBLI policy reshuffle moves to Ridgewood Savings Bank

SBLI policies once issued by Syracuse Savings Bank have been shifted to Ridgewood Savings Bank in Ridgewood after a series of failures and restructurings. The transfer preserves coverage for about 16,500 policyholders with no interruption, changing only the remittance address. Ridgewood now holds 1.8 billion dollars in SBLI insurance in force, making it the state's largest issuer.

Savings Bank Syracuse Savings Bank Sbli Department of American Savings Bank White Plains Ridgewood Savings Bank Ridgewood Federal Deposit Insurance Corp American Savings SBLI Syracuse Savings Norstar Bank Fleet Bank Norstar Gil Forst Sbli Fund State Banking Department Ridgewood Savings Forst New York OnBank Onondaga County Merchants National Bank & Trust Co

Mobility Studies Clash Over 1980s Riches Path

Two major studies on upward mobility during the Reagan era yield diverging results. The Treasury finds substantial movement from bottom to top, while the Urban Institute says such climbs were rare. Both note overall earnings rise with age and decline after retirement.

The Treasury Urban Institute United States White House Isabel Sawhill America Congress Richard D. Armey Texas Mark Condon

GE Syracuse Cuts 75 More Jobs in Ongoing Slump

GE Syracuse laid off 75 employees this month as part of ongoing cost cuts to boost productivity. The revamp reduced 40 hourly and 25 salaried positions, bringing local staffing to about 4,075. GE expects further reductions this year, tied to contracts and cost targets, with no fixed date.

General Electric Co Syracuse Court Street DeWitt Electronics Park Farrell Road

GE spinoff lands $1.6 million naval contract

Analytical Concepts Inc. ACT of Syracuse, a GE spinoff, won a $1.6 million three year contract to provide anti submarine warfare training and training systems for the Naval Underwater Weapons Center in New London Connecticut. The deal ties to a larger $15 million award to Analysis and Technology Inc. ACT expects further work and hires this year.

General Electric Co Analytical Concepts Inc ACT Syracuse Naval Underwater Weapons Center New London Conn Analysis & Technology Inc ACI Analysis & Technology Jay A. Shelly Robert Weigel

Single parent warns against college tuition dream and retirement risk

Malcolm Berko argues that a $37 000 income makes funding a college for two sons nearly impossible without grants and raises doubts about Social Security. He suggests saving for retirement instead, noting 8 000 plus yearly investments over years fail to guarantee future college funds amid inflation.

Hyon Malcolm Berko Creators Syndicate Inc Herald-Journal Berta Syracuse Herald-Journal P.O. Box Lauderhill Fla

Also Mentioned on This Page

N.Y Associated Press Dan Padovano General Motors Corp Environmental Protection Agency EPA Socialld Dow Jones New York Stock Exchange Pancistog Feil Groun the Treasury Urbani New York Times News Service GE Syracuse Leslie Eimas Dave Waller Waller GE Area al Horvath Horvath Utica Salvation Army
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