Cadillac Leases Enter Used Car Market Trend
The piece warns that luxury automakers push used car leases to prop up demand as new-car prices rise. Cadillac leads with about half its sales via leases, proposing 2100 down and 429 monthly for a 1994 DeVille versus 329 on a two-year-old model. For 1993 roughly 2 million new cars were leased. Motor Trends Kenn Peters writes weekly in Herald-Journal Business.
MENTIONED IN THIS ARTICLE
Detroit
Cadillac
Market ends modestly higher amid dollar slump to yen
The stock market narrowed losses on a Wednesday session as rates stabilized and blue chips eased. The Dow fell 2.59 to 3687.05 while Advancers outpaced Decliners about 7 to 5 on the NYSE. Volume reached 263.89 million shares as the dollar hit a 50 year low versus the yen.
MENTIONED IN THIS ARTICLE
New York Stock Exchange
Stock Quote Hotline Provides Round The Clock Access
The Herald Journal advertises a free stock quotation hotline for NYSE AMEX and NASDAQ quotes. Call with Touch-Tone NewsLine at 472-2111 and select category 9688 for quotes and enter daily 99R9 for directions.
MENTIONED IN THIS ARTICLE
Herald-Journal
Island Fur niture owner roots in Jamaica to fuel shop plans
Island Furniture at 2613 215 Saijina St Syracuse swaps new and used furniture. Owner, a former Allied Chemical plant worker in Solvay for 15 years until 1986, says community jobs drive business and outlines overcoming start up hurdles.计划 to open Island Garden fast food at 440 South Ave emphasizing need to feed people before furniture purchases.
MENTIONED IN THIS ARTICLE
Allied Chemical Co
Solvay
South Ave
Island Garden
FCC plans to diversify ownership for next gen mobile services
The FCC sets aside about half of 2000 upcoming mobile licenses for minorities women and small businesses to bid on. The rule aims to keep owned firms within reach of those historically lacking access to capital with caps on revenues and assets.
MENTIONED IN THIS ARTICLE
Federal Communications Commission
FCC
Reed Hundt
Sibley’s building in Syracuse to be revitalized with 7.2 million loan
The state approved a 7.2 million loan from the Job Development Authority to Rochester’s Wilmorite Inc for renovating the former Sibley’s department store on South Salina Street. Empire Blue Cross and Blue Shield will consolidate 5385 local employees into the building, with a council vote due July 11 on parking and tax agreements. Empire aims to move in by next spring.
MENTIONED IN THIS ARTICLE
Eeren Blibee
Irving G. Hanslip
Island
South Salina Street
Syracuse
Empire Blue Cross
Blue Shield
The
State Job Development Authority
Rochester
Wilmorite Inc
Wilmorite
Sibley’s Department Store
South
Salina Street
Empire
JDA
Bart Bush
Bush
Common Council
Sibley
James Street
East Brighton Ave
Insurance Company
Medicare
Carrier to contest OSHA safety violation charges
Carrier Corp faces 16 alleged violations at its Denton plant with a proposed fine of 33500. OSHA and Carrier executives failed to settle this week. next steps involve settlement talks or a formal complaint and possible administrative hearing.
MENTIONED IN THIS ARTICLE
Carrier Corp
Dent
Carrier
Occupational Safety and Health Administration
William Burke
OSHA
Syracuse
Burke
Thompson Road
de- Witt
Multiple Syracuse area corporate staff moves and openings
CaS New ja announces Erle Turcotte joins Statewide Funding Corp Syracuse as pan counselor. Diana L. Kemme titled senior systems design development Specialist at New Process Gear De sign of New Venture Gear Inc. Anne Marie Mullin promotes operations manager at Janus Park with two new hires. Angela DeCario named resident services director and Marthe Schond appointed resident services coordinator. Concurrent Inc opens new office at 5320 W Genesee St Syracuse. Riccelli Welding installs 2400 cfh nitrogen generator at Chock Full Of Nuts Coffee in Rochester. Jean Vincent of Sage Marcom delivers festura speech at Adventure conference in Quebec City. Donald French brokers 4300 sq ft lease at 6712 Brooklawn Pkwy East Syracuse to Central New York Occupational Health Clinical Center. Linda Egerton named national finalist in Silver Microphone Awards.
MENTIONED IN THIS ARTICLE
Diana L. Kemme
New Process Gear Design
New Venture Gear Inc
Chrysler Drive
East
Syracuse
Anne Marie Mullin
Janus Park
W. Taf Road
Liverpool
Angela DeCario
Marthe Schond
Penneville
I Riccelli Welding and Technica Products
Garcon Associates
Rochester
Jean Vincent
Sage Marcom Inc
Eve Boulevard West
Adventure
National Association of Electrical Distributors
la Chateau Frontenac
Quebec City
Quebec
Donald French
Langley-Jones @cted
Brooklawn Parkway
Central
New York
Occupational Health Clinical Center
CBS QVC merger would place Barry Diller atop combined company
Reports say CBS Inc would acquire QVC Inc in a stock and cash deal valued over 2 billion dollars. Barry Diller would become chief executive of the merged entity while CBS chief executive Laurence Tisch would retire once the merger closes.
MENTIONED IN THIS ARTICLE
CBS
QVC
Barry Diller
CBS Inc
QVC Inc
Los Angeles Times
New York Tin
Diller
Laurence A. Tisch
QVC Network Plans Ventures in Infomercial Production
QVC Network Inc announces plans for ventures in infomercial production and interactive media across its two home shopping channels. CBS ING operates seven TV stations in major markets including New York Chicago and Los Angeles, along with eight AM and 13 FM radio stations.
MENTIONED IN THIS ARTICLE
Diller
Paramount Communications
ABC
Fox Television
QVC
CBS
Ann Morfogen
Tisch
Fox
New York
Chicago
Los Angeles
Philadelphia
Miami
Minneapolis
Green Bay
Wis
NYNEX and Bell Atlantic form East Coast wireless venture
NYNEX Corp and Bell Atlantic Corp plan a joint venture merging their cellular units. The East Coast operator will span from Maine to South Carolina, serving 18 million customers with 4,250 employees and revenue of 1.2 billion. It aims at 55 million people across seven top markets.
MENTIONED IN THIS ARTICLE
Nynex Corp
Bell Atlantic Corp
Bell Atlantic
Maine
South Carolina
Also Mentioned on This Page
Kenn Peter
Herald-Journal Business
SMAUR
Island Furniture
Saijina St
Irving G. Hansup
Ron
Allied
Jamaica
America
Hundt
Melodie Virtue
American One
Radio
Television
Howard
Jaime Glaven
Associated Maintenance Inc
Rome Cable Corp
Rome
Rome Cable
United States
North America
Cas
Erle Turcotte
Pulaski
Statewide Funding Corp
Dapexe Concurrent Inc
W. Genesee SL
State University of New York Health Science Center
IB Linda Egerton
Fayetteville
We United States
Susan Royal
Company Matters
c/o
Herald- Journal Business Desk
P.O
N.Y
Turcotte
QVC Network Inc
GVC Fashion
Cee
CBS Television Network
CBS Radio Networks
IVY. Tine News Service
NYNEX
Associated Press
Mc] Communications Corp
Nextel Communications Inc
At&t Corp
McCaw Cellular Communications Inc