Hassett touts New Yorks pro business turnaround plan
William Hassett state commerce commissioner tells business leaders New York aims to improve its climate through an irreversible program of tax and regulatory relief. He defends Governor Carey trips to Japan and West Germany and notes Nissan and a Carrier Dome project as signposts of growth. He cites unemployment below national rate during recession, 70 000 new jobs recently, and a shift from a hostile climate to proactive fiscal policy.
MENTIONED IN THIS ARTICLE
Joseph A. Porcello
New York State
United States
William Hassett
Hassett
Carey
Japan
West Germany
Carrier Dome
Okuma Machine Works
Long Island
Takada Okuma
Okuma
Obuma
United State
Nissan
Tennessee
Sugar Ray Leonard
Larry Bonds
Dome
Syracuse
New York
Roundtable
Syracuse University
University College
Central New York
Greater
Onondaga County
New York City
Senate
Warren Anderson
Legisla
Tive
Honda recalls 1980 Accords Del Pros Civic 300000 units
American Honda Motor Co. recalls 300000 1980 Accords Prelude and Civic to replace charcoal canisters in emission control systems. A spokesman said unplugged canisters hinder restart when warm, though the car can operate without the new canister. New factory orders fell 0.3 percent in January with losses in steel auto and shipbuilding, though recession fears fade. Standard & Poor's assigned investment grade to New York City's first long term bond sale since 1974, $50 million to $100 million in general obligation bonds planned for spring. Imported cars held a record market share as domestic makers saw a 4.2 percent February drop, but late February sales offered some relief.
MENTIONED IN THIS ARTICLE
American Honda Motor Co. Inc
Steel
Auto
Commerce Department
New York City
Standard & Poor's Corp
New York
First Federal S&L to Sell Ten Branches in Upstate NY
ROCHESTER UPI First Federal Savings and Loan Association of Rochester plans to sell its ten Buffalo Albany and Syracuse branches to consolidate operations. CEO James Cirena says the move would leave 29 offices in Rochester and the Southern Tier while maintaining assets over 1 billion. Dean Schultz notes market penetration gaps in Buffalo Albany and Syracuse.
MENTIONED IN THIS ARTICLE
Rochester
UPI
First Federal and Loan Association of
Buffalo
Albany
Syracuse
First Federal
Savings and Loan Association
Tier
James M. Cirena
Ter
Dean Schultz
Gold slides to 14 month low amid dollar strength
Gold prices sank to their lowest since mid December 1979 in European trade as the dollar strengthened. London fixed a 461.50 per ounce afternoon price, while Zurich and Hong Kong quoted weaker levels and silver traded around 21.24 in London.
MENTIONED IN THIS ARTICLE
London
Far East
New York
Zurich
Swiss Financial Center
Hong Kong
Handy G Harman
U.S
Afghanistan
Commodity Exchange
AT&T antitrust trial heats long distance device dispute
In federal court the government asserts AT&T sought to crush small rivals by tying their products to Bell System gear. Feiner of Phonetel testifies he lost business as AT&T pressed required back-up equipment. The case could last over a year. a NJ court may modify the 1956 decree to allow incidental equipment and services.
MENTIONED IN THIS ARTICLE
Washington
Justice Department
American Telephone & Telegraph Co
Bell System
At&t
Robert L. Feiner
Phonetele Inc
van Nuys
Calif
Federal Communications Commission
Europe firms buy Speno Rail Services in East Syracuse
Two European railroad equipment firms purchase Speno Rail Services Inc. of East Syracuse, taking control via Pandrol Inc. and Phymec Luxembourg. The 50 year old maker of track maintenance trains plans expansion, with about 200 workers and 17 trains serving U.S. and Canadian railroads.
MENTIONED IN THIS ARTICLE
Speno Rail Services Inc
Syracuse
England
Luxembourg
Speno
Clark Street
United States
Canada
Pandrat Inc
New Jersey
Pandrat International Ltd
London
Phymec Luxembourg, &.A
Luxemburg
David J. Hughes
Pandrol Inc
Spano Rail Services
Rober Hudson
East Syracuse
U.S
Speno International
Geneva
Switzerland
Hughes
Speno Rail Services
North America
Spenc
Takes auto to cash in contest
A Georgia woman, Mrs. Louis Silvers of Rocky Face, won the grand prize in Carrier Transhold Division’s contest for the Thunderbird refrigeration unit. She chose a 193% Thunderbird car over $10,000 in cash, with keys presented by William Steiner in Syracuse.
MENTIONED IN THIS ARTICLE
Georgia
Carrier Corp
Thunderbird
Louis Silvers
Rocky Face Ga
William Steiner
Cartier Transfcold
Malcolm
Carrier
Thompson Road
Auto and home insurance as fringe benefits gain traction
Employers may subsidize auto and homeowner coverage as part of benefits, with payroll deductions and insurer handling once sponsored. Bankers Life and others report cost savings, morale boosts, and potential tax-exempt options. practical rollout depends on employer consent and regulatory approval.
MENTIONED IN THIS ARTICLE
Bankers Life of
Des Moines
Donald L. Krieg
Bankers Life
Bilc Insurance (A
Insureance Information Institute
Krien
Krieg
Travelers
Bill Sirgla
The
Insurance Information Institute
Also Mentioned on This Page
William Hasse
Business Digest
Honda Recall
Oreestic
IST Federal S&l
Sue Long
Bellevue
Wash
Internal Revenue Service
FCC
Harold H. Greene
Giant Communications Company
George L. Saunders Jr
Feiner
Louise Silvers
Hancock
Europe
Younder
BLC Insurance Co
California
Iowa
Minnesota
North
South Dakota
Nebraska
Missouri
Ilinois
Wisconsin
Colorado
Kansas
Indiana
Arizona
New Mexico
Oregon
Michigan
Texas
Oklahoma
Montana
Idaho
Alaska
Ohio
Massachusetts
Louisiana
Nevada
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