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Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Mar 21, 2000
Page
11
Cooper completes a business agreement with Eagle Electric. The deal affects manufacturing operations and procurement. Local officials note the collaboration could boost regional economic activity and supply chain resilience.
Details show Monday announcement that editor Mart Gin leaves Conde Nast with the Newhouse family retaining control. The reform signals changes across the publisher's operations as they relaunch fashion coverage and consolidate assets within Advance Publications.
Washington based analysts say the Federal Reserve may raise rates for the fifth time since last June as the economy shows red hot growth. Greenspan warned inflation risks while economists debate whether strong demand will slow to keep inflation in check amid stock market volatility and robust GDP.
The Treasury Department sold 38.4 billion in three month bills at 5.780 percent, up from 3.730 percent last week. An additional 73 billion was sold at 5.895 percent, up from 3.860 percent. The three month rate was the highest since Feb 13 1995 when bills sold at 5.820 percent.
UsAir issues a warning of a potential weekend strike by its flight attendants threatening random route walkouts to disrupt service. The airline plans to shut down if no agreement is reached by a 12 01 am EST Saturday deadline while unions press for a three year contract settlement with the sixth largest U S airline.
Gina Williams advances to assistant managing editor features overseeing CNY sections including Weekend and Stars magazine. Boo Baker named copy editor on the news desk, Joy Crocker becomes assistant news editor, Stacy Huntington named Ad Services graphic artist. promotions also at The Fagliarone Group with Daniel T. Drei Miller and others taking senior roles.
Boeing engineers and technicians returned to work after a 40 day strike that disrupted deliveries and government contracts. AFL-CIO officials hailed the walkout as a turning point in labor relations while workers spoke of eased tensions and overtime to recover losses.
BlueCross BlueShield of Central New York received a gold award with distinction from the Empire State Advantage Program for strategic planning. The nonprofit insurer rebuilt itself over two years, turning a 1999 profit of more than 10 million and growing market share by 7 percent in 1999, with 35 percent local market control in Onondaga County.
A mixed panel of 14 commissioners from business and government weighed whether online transactions should face sales taxes. While seven members favored equal tax treatment across stores and online channels and called for streamlined administration, a majority signaled little chance of recommending Internet sales taxes before 2006, risking a continued tax-free advantage for online commerce.
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