PSC seeks relief on high alternative power costs
The Public Service Commission asks the Federal Energy Regulatory Commission to review contracts for two independent power producers New York State Electric Gas Corp for energy from Tokenworth Energy Associates and Saranac Power Partners The move aims to cut costs for consumers and challenge prices that utilities say burden them with higher rates Executives say the action risks forcing contract renegotiations while the PSC notes potential expenses could total about 34 billion over five years across the state
MENTIONED IN THIS ARTICLE
State Public Service Commission
Federal Energy Regulatory Commission
PSC
Formoula
Federal Commission
New York State
Erecine & Gas Corp
Toekwort Energy Associates
Saranac Power Partners
NYSEG
Federal Energy Commission
Caral Murphy Executve
Independent Power Producers of
Dis Pension
Harold Jerry Jerry
Judges want plan beefed up amid NYNEX rate proposal
Two administrative law judges gave mixed reviews on NYNEX rate plan proposing unlimited price preferences in exchange for seven year rate controls. They praised some aspects but cannot endorse unconditional approval. The plan could save consumers nearly 2 billion over its life. final decision rests with the Public Service Commission after hearings in Syracuse and this spring.
MENTIONED IN THIS ARTICLE
NYNEX
Spvice
SMIPTO+ enteNLs
State Public Service Commission
New York Telephone Co
Syracuse
Clean Tech Distributors Inc expands in Central New York
Clean Tech Distributors Inc a Liverpool based firm run by Craig Giancola a college student for seven years distributes commercial laundry and dry cleaning equipment supplies parts and service exports to South America and the Garobean market area covers Central New York and beyond The company has eight employees and has moved twice to larger spaces to manage growth plans include expanding export activity and increasing market share in Upstate New York while remaining customer driven and focused on high quality service.
MENTIONED IN THIS ARTICLE
South America
Upstate
New York
Tandem merger forms a Syracuse bicycle superstore
Meltzer's Bicycle Store owner Charles Meltzer and Wayne's Bike & Fitness owner Wayne Venditu merge their shops at 2714 Ernie on Boulevard, creating a Syracuse superstore. Wayne's remains at 3230 Erie Boulevard East and 636 UK Liverpool, with top brands Schwinn and Raleigh.
MENTIONED IN THIS ARTICLE
Meltzer’s
Wayne's Bike & Fitness Shop
Ene
Ernie On Boulevard Fast
Syracuse
Charles Chuck
Meltzer
Wayne
Dulile
Wayne T Venditu
Waynes
Erie Boulevard East
DeWalt
Liverpool
Schwinn
Raleigh
Waynes Bike & Fitness
Surlen Media
Chuck Meltzer
Wayne Venditti
Ene Boulevard
Marshalls returns to Fairmount Fair amid new tenants
Marshalls will reopen in Fairmount Fair shopping center in Cambles on or about May 18, returning after a stint away since April. Wilmorite Inc controls the mall and added P&C Foods, Calder, Dick's Clothing & Sporting Goods, and Fashion Bug, with Ames remaining from the old complex.
MENTIONED IN THIS ARTICLE
Marshalls
Fairmount Fair
Jennifer Newstrom
Discount
Cambles
Wilmorite Inc
Fairmount
P&c Foods
Calder
Dick's Clothing & Sporting Goods
Fashion Bug
Ames
Clinton sacks Iranian oil deal forces Conoco halt
President Clinton blocked a $1 billion Conoco contract with Iran amid terrorism and Middle East peace concerns. The White House said an executive order would terminate the offshore Persian Gulf oil project within days. Senator Alfonse D Amato urged a total embargo and harsher sanctions.
MENTIONED IN THIS ARTICLE
Clinton
Iran
Tehran
Mideast
Conoco
Capitol Hill
White House
Persian Gulf
Senate Banking
Alfonso D'Amato
R-Ny
Thursay
D’amato
D'Amato
Ol Company
Mike McCurry
DuPont
Fed approves Chase bank merger despite fair lending challenge
The Federal Reserve Board approved Chase Manhattan Corp’s plan to merge its New York and Connecticut subsidiaries, rejecting Inner City Press Community on the Move’s claim that lending is biased against low income neighborhoods. The ruling advances Chase’s cost–cutting push to consolidate branches from its New York base as regulators review state approvals.
MENTIONED IN THIS ARTICLE
Federal Reserve Board
Chase
New York
Connecticut
Comptroller of the Currency
Inner City
Matthew Lee
Inner City Press
Lee
Syracuse executives named to industry posts in 1994 updates
Debra Eye named coordinator of the Sub-Acute Rehabilitation Unit at St Camillus Health and Rehabilitation Center in Syracuse. John H. Gebrian joins O Brien & Gere Engineers as managing scientist in Syracuse. David Wilchek appointed district service manager for Business Methods Inc Syracuse office. Jonathan Shaw and Liss Abbott named managers of communications at Carner Corp in Syracuse. Frank Burgmeier Co. selected by Vaughan & Bushnell Manufacturing to design a national public relations program.
MENTIONED IN THIS ARTICLE
Debra Eye
St Camillus Health and Rehabilitation Center
Syracuse
John H. Gebrian
Baldwinsullen
O Brien & Gere Engineers Inc
David Wilchek
Offics
Business Methods Inc
Jonathan Shaw
Liss Abbott
Comnication
Carner Corp
Shaw
Frank Burgmeier Co
Vaughan & Bushnell Manufacturing Co
Hebron
Stock Quote Hotline Promises 24 Hour Public Quotes
The Herald Journal promotes a free stock quote hotline offering around the clock quotations for NYSE AMEX and NASDAQ stocks. Users dial NewsLine at 4722111 and enter category 9988 for directions and access.
MENTIONED IN THIS ARTICLE
Herald-Journal
Damtas
Aree
Retail sales slide and widening trade gap shock markets
The Commerce Department reported a 0.5 percent drop in February retail sales spanning department stores and auto dealers, signaling weak consumer demand. Meanwhile the current account deficit surged 50 percent to 155.67 billion dollars, the second-largest on record, energizing stock and bond markets despite the widened trade gap.
MENTIONED IN THIS ARTICLE
Commerce Department
America
Also Mentioned on This Page
The
Associated Press
Clean Tech Distributors Inc
Cold Spangs Road
Craig Giancola
Central
International
Giancola
Albert Favaritisse
Cesesesesses As
Ensay of Dawns Sapere
Clean Tech Distributors Inc. Company
Mer Meltzers
Wayne's
Addis & Dey’s
Marshall’s
P&c
Tnts
Lake Airort
Prodigy
Fresno
Southwest
Tj’s
Route 11
Taft Road
Galco Management Services
Galco
Camillus
Colorado Mine Co
Buckley Road
Pennsylvania
Wilson Farms
Route 57
Canvasback Drive
Clay
Tops
Ayiebee's
Route 31
Great Northern Mall
Bruegger
SA Hill
South Crouse Avenue
Hill
Pizza Hut
A Clan
Dept of Commerce
Fed
Bronx
Chase Whattan Corp
Mie
Commercial Unitary
Corte
Applied
Div
Aiona
Abbott
Residen
Hal Pentharts
Marjorie Betty
Groversville
Male Associates
James F. Prichett
American Express Financial Advisors Inc
Prichett
Susan Royal
Herald- Journ
P.O
Syracuma
N.Y
Stock' Perret Gence Mounie
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