SDA withdraws offer to buy former bus station
The SDA withdrew its offer to buy the former bus station property for 190000 dollars after a development agency voted 40 to 0 on Tuesday. The decision ends the plan to redevelop the site, with Greshound as the seller and the deal tied to compensation terms. The organisation, CTSI, based in Pen, had planned to operate temporarily in the Central New York market starting October 1.
MENTIONED IN THIS ARTICLE
SDA
Mone
Syracuse Inaustral Developmen Agency
Withara
Greshound
Tie Vidye News
CTSI
Pen
New York
Avaya Brand Spinoff From Lucent Set for Sept 30
Lucent Technologies unveils Avaya as the new brand for its unit selling business communications products. The spinoff creates an independent company with about $8 billion in revenue. All Lucent shareholders will receive Avaya shares when the spinout completes on September 30.
MENTIONED IN THIS ARTICLE
Lucent Technologies Inc
Avaya
Lucent
Enterprise Nite
Consumer confidence drops in June amid higher rates
The Conference Board reported the Consumer Confidence Index fell to 138.8 in June from 144.7 in May, as rising interest rates and higher gasoline prices weighed on sentiment. The index remains near its all time high, with May revised higher.
MENTIONED IN THIS ARTICLE
U.S
Conference Board
Corporate Banking Executive and CPA Society Officers Named
Richard J. Shirtz rises to senior banker in the government banking division overseeing business development for upper middle market clients with $25 to $250 million in annual sales. Syracuse area CPAs elect officers for 2000 2001 including Fiscoe Moynihan Tastor Beer Osborn. Wayne LaFrance joins Beardsley Design Associates as senior architect for the Skaneateles Central School District project.
MENTIONED IN THIS ARTICLE
Richard J. Shirtz
Barker
Ey Bank
Gormenty Banking
Shirtz
Syracuse
New York State Society of Certified Public Accountants
Thomas V. Fiscoe
Cannible & McKee
David
Skaneateles Central School
Inflation drives up prime rate amid Fed actions
Inflation controls push the prime rate up 23 percent since June as Federal Reserve efforts aim to curb inflation. Fixed mortgage rates rose 13 percent nationally, home equity loans up 21 percent in Central New York, and car loan rates climbed. Despite higher borrowing costs, local bankers report business as usual with deposits up as savers seek higher returns.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
New York
Howard Sharp
M&t
Syra
Cuse
Une
Lcan
Sharp
Michael Colagiovani
Syracuse
First
Justice fights WorldCom Sprint merger political clash
The Justice Department sued to block the 129 billion WorldCom and Sprint merger arguing it would raise prices for millions of Americans. Regulators in Europe and the United States questioned the deal as the companies prepared to decide whether to pursue court action or withdraw in the United States. Shares moved after the announcement as executives weighed options and a European path was considered.
MENTIONED IN THIS ARTICLE
Impascenes P
Joel Klein
Janet Reno
Justice Department
WorldCom
Sprint
Washington
WorldCom Inc
Sprint Corp
European Union
Mano Monii
Emar Paar
At&t
Reno
U.S
J. Richard Devlin
Devlin
Michael Salsbury
New York Stock Exchange
Europe
Trend in Central New York Interest Rates
Figures show the yearly changes in mortgage, home equity, car loan, and one year CD rates. Rates are averages of top five nonpromotional offers from the Federal Reserve Bank of New York. The trends reflect national market conditions driven by globalization and the internet, with geographic pockets fading.
MENTIONED IN THIS ARTICLE
Federal Reserve Bank of New York
Home Equity
New York
Feteral Reserve Bank of NY
MVP Health Plan tops Central New York HMO satisfaction
MVP Health Plan is rated highest in customer satisfaction among Central New York HMOs in a New York Health Accountability Foundation report. United Healthcare of Upstate New York ranked lowest for member satisfaction, with other above-average HMOs including Univera Healthcare and North Medical Community Health Plan.
MENTIONED IN THIS ARTICLE
MVP
New York
New York Health Accountability Foundation
United Healthcare
Upstate
National Committee On Quality Assurance
Hmos
Univera Healthcare
North Medical Community Health Plan
Hmocny
BlueCross BlueShield
Central New York
HMO Blue
Blue Cross BlueShield
Utica-Watertown
Aetna
U.S Healthcare
New York State
William McGrath
State Health Department
Health Plan Review Shows High Satisfaction Across NY HMOs
Health Maintenance New York members rated plans on a 10 point scale with 61 percent of North Medical members giving an eight or higher before it exited the market in 1989. MVP led with 86 percent saying services were available, followed by Univera at 84 percent and HMO CNY at 83 percent. The report notes 83 percent of MVP children received vaccines by age two, above the state average.
MENTIONED IN THIS ARTICLE
Central
New York
Syra Group
Laurel Pickering
William Shanahan
Foundation
HMO
MVP
Univera
Hmocny
United Healthcare Upstate
North Medical
Aetna/L.S. Healthcare
New York Health Accountability Foundation HMO report card
The New York Health Accountability Foundation HMO report card can be viewed in full on the foundation's Internet site www.nystal.org. Copies are available by calling 516-326-7767 ext. 588.
MENTIONED IN THIS ARTICLE
New York Health Accountability Foundation
Foundation
Nystal.org
Also Mentioned on This Page
CTS
Niedt
Bob Niedt
Dow Jones
Golfar
Federal
Open Masket Committee
Justice
Mortang
Aity
Joo
James T. Mulder
Busin
New York State Health
Accountabily Foundation
North Medical Community Health
Univern Healthcare
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