The Business Review (Albany, NY) articles from November 2001

The Business Review (Albany, NY) archives from November 2001

Chefs create styles for sophisticated palates: Albany restaurateurs put culture, personal taste on their new-fusion menus.(Brief Article)
November 26, 2001... After 12 years of running pizza parlors in the Capital Region, Gabriel Atsilov says Daniel's Cafe & Restaurant on Washington Ave. in downtown Albany will be his last restaurant. This is it. And not a pizza on the menu. Daniel's is a...

[Super]Power exchange at IGC, UAlbany.(Philip Pellegrino, Pradeep Halder)(Brief Article)
November 26, 2001... There were Post-It notes, dozens of them, taped to a whiteboard, strategic plans and reminders scrawled on each one. They were not Philip Pellegrino's, but Pradeep Haldar's, his predecessor. Pellegrino, the new IGC-SuperPower LLC...

Office-space glut worsens as firm nixes tenancy.(Uniprise will not move into office building as planned; cites business downturn)(Brief Article)
November 26, 2001... The tenant of a new office building under-construction in Colonie has pulled out, dumping a large amount of space into an office market already experiencing the highest vacancy rates since 1997. Uniprise, a health benefits company, signed...

Recession provides only latest setback for bankruptcy reform.
November 26, 2001... The chairman of the House-Senate Conference Committee on Bankruptcy Reform hopes to negotiate an agreement on the legislation when Congress returns to Washington after Thanksgiving. "We'll see," said Rep. John Sensenbrenner (R-Wis.),...

Musits takes his turn looking for VC funds. (Capital in the Region).(Bela Musits)(Brief Article)
November 26, 2001... A Look at Venture Funding Part of an occasional series to tell not only the typical stories about who's getting how much, but the stories behind the story. When the Venture Bplan Series meets again this week, there's much that will...

Ambanc sells branch to Pa. bank. (In Brief).(Ambanc Holding Company Inc. divests bank branch to Peoples National Bank of Hallstead Pennsylvania)(Brief Article)
November 26, 2001... Ambanc Holding Co. Inc. (Nasdaq; AHCI) the Amsterdam-based parent of Mohawk Community Bank, reached an agreement to sell one of its branches to Peoples National Bank of Hallstead, Pa. The office, inside a Price Chopper supermarket,...

Two area companies on Fast 500 list. (In Brief).(Albany Molecular Research Inc., American Bio Medica Corp.)(Brief Article)
November 26, 2001... Albany Molecular Research Inc. and Kinderhook-based American Bio Medica Corp. have been named to a list of the 500 fastest growing technology companies. The Technology Fast 500 is compiled by Deloitte & Touche Technology & Communications...

NY gets $125K fed grant to boost tech funding, commercialization. (In Brief).(Brief Article)
November 26, 2001... The New York state Office of Science and Technology will use a $125,000 federal grant to help small businesses acquire federal funding to develop and commercialize new technologies. The grant comes from the Federal and State Technology...

October passenger traffic rebounds at Albany airport. (In Brief).(Albany International Airport)(Brief Article)(Statistical Data Included)
November 26, 2001... Enplanements at Albany International Airport rebounded in October and for the year are 8.3 percent higher than 2000, according to the Albany County Airport Authority. Traffic at the airport dropped 29.4 percent in September as a result...

Amtrak adds trains for holiday.(increases passenger rail schedule)(Brief Article)
November 26, 2001... Amtrak is beefing up its passenger rail schedule for the six days around Thanksgiving, traditionally the railroad's busiest time of the year. The railroad has added trains to its Northeast Corridor routes from Nov. 20 to 26, including...

13 companies line up to win bid for Pittsfield television station in auction.(Federal Communications Commission to conduct construction permission auction)(Brief Article)
November 26, 2001... The Minnesota-based owner of WNYT/Channel 13 is one of 13 companies to express an interest in building a new, full-power television station in Pittsfield, Mass. Although the new Channel 51 would be located in Massachusetts, it would...

University Heights plan back on track.(University Heights Association unveils development plans)(Brief Article)
November 26, 2001... A group proposing to develop a new hotel and conference center, hundreds of student apartments and a campus/community center in Albany's University Heights area will unveil its plans by the end of December, the project's director, said. ...

New bond rating boost means cost-savings for Albany County.(Brief Article)
November 26, 2001... Albany County's bond rating has been bumped up a notch, translating to a lower interest rate the county will pay on $32 million in bonds it is now selling to raise cash. Moody's Investors Service and Standard & Poor's Corp. both upgraded...

OSHA agrees to delay rule enforcement.(workplace injuries recordkeeping)(Brief Article)
November 26, 2001... The Occupational Safety and Health Administration agreed not to cite employers for violations of its new recordkeeping rule for the first 120 days of 2002, provided employers make a good-faith effort to track workplace injuries. The rule...

Credit union wins big over banking group on merger issue.(SEFCU argues that credit unions should be allowed to merge)(Brief Article)
November 26, 2001... The credit union industry has won a significant battle in the seemingly never-ending war with the banking community, with the aid of Albany-based SEFCU. SEFCU, the area's largest credit union, in September went before the U.S. Court of...

New high-tech gizmos may be big sellers during this holiday season.(World Trade Center and Pentagon attacks influences wireless telecommunications inudstry sales)(Brief Article)
November 26, 2001... Lingering concern still exists over personal safety and the need to stay in touch nearly two months after the attacks on the World Trade Center and Pentagon. "You are going to see more units sold this Christmas, especially for that extra...

Travel agents say women are an untapped, niche customer base.(Brief Article)
November 26, 2001... In an era when the Internet and shrinking airfare commissions have forced travel agents to change the way they do business, niche markets offer hope. And women represent one of the largest, untapped niche markets, local and national...

Applied Materials annual sales and earnings take a steep fall. (In Brief).(Brief Article)(Statistical Data Included)
November 26, 2001... Santa Clara, Calif.-based Applied Materials Inc. [Nasdaq: AMAT] reported lower revenue and net income for fiscal 2001, which ended Oct. 28. Applied Material's revenue for 2001 was $7.34 billion, a 23 percent drop from sales of $9.56...

Corvis lops off 300 jobs. (In Brief).(Brief Article)
November 26, 2001... Columbia, Md.-based Corvis, which continues to struggle in the tightening telecommunications and fiber-optics industry, fired 300 employees or 24 percent of its workers, company officials said. The job cuts were made at the company's...

Biotechnology greenhouse seeks $45M. (TechBiz).(Biotechnology Greenhouse Corp. seeks finance from Pennsylvania)(Brief Article)
November 26, 2001... A consortium of university, industry and regional business interests has joined forces to form the Biotechnology Greenhouse Corp. of Southeastern Pennsylvania, which is applying for $45 million in state tobacco funds to establish a regional...

Autotask unveils new software. (TechBiz).(Autotask Time and Attendance)(Brief Article)
November 26, 2001... Paper time sheets could be a thing of the past if the Autotask Group has its way. The software company based in East Greenbush just released its latest product, Autotask Time & Attendance The company said it provides a "simple,...

New law encourages power plants to conserve water. (In Brief).(Brief Article)
November 26, 2001... A new law signed by Gov. George Pataki gives incentives to power plant operators to use cooling systems that conserve water. Under the law, which Pataki signed on Nov. 16, operators wishing to site a major new plant or modify an existing...

Oak-Mitsui says 'temporary' layoffs will now be permanent. (In Brief).(Brief Article)
November 26, 2001... Ninety-four employees, many of whom were placed on temporary furlough in July, are now permanently laid off, OakMitsui said. The foil maker based in Hoosick Falls said the "continuing downturn in the national economy" was the reason....

North Argyle medical device jobs headed for Mexico facility. (In Brief).(Brief Article)
November 26, 2001... California-based medical device company Hudson Respiratory Care Inc. is closing its tracheal tube-making shop in Washington County by 2003 and shifting production to a Mexico facility. The Temecula, Calif. company employs 120 people at...

MicroFuel fuel cells to be used on Army weapon. (albany.bcentral.com).(Mechanical Technology Inc., Alliant Techsystems developing Objective Individual Combat Weapon)(Brief Article)
November 26, 2001... Mechanical Technology Inc. (Nasdaq: MKTY) is working to incorporate its technology on what could be the first weapon powered by micro fuel cells. A deal with the U.S. Army and the weapon's developer, Edina, Minn.-based Alliant...

Aimster pretrial headed for Chicago court. (albany.bcentral.com).(Chicago, Illinois)(Brief Article)
November 26, 2001... George Carpinello has his work cut out for him. The lawyer representing Aimster, which is involved in numerous lawsuits, has learned recently that the Judicial Panel on Multi-District Litigation has decided pretrial proceedings will be held...

No time for business as usual. (Editorial).(New York state in budget crisis after terrorist attacks on U.S.)(Brief Article)(Statistical Data Included)(Editorial)
November 26, 2001... The numbers are grim. The attack on the World Trade Center forced 14,000 Manhattan businesses to move or close. An estimated 100,000 to 125,000 people lost their jobs, at least temporarily. Across the state, New York lost 59,300...

Newspapers competing for your time. (Editor's NoteBook).(Brief Article)(Editorial)
November 26, 2001... I remember watching Walter Cronkite announcing the death of John F. Kennedy on our big black-and-white television set. I remember watching the solemn funeral procession and Lee Harvey Oswald getting shot by Jack Ruby. A few years later, my...

Area's Busiest Highways.(Albany, New York region)
November 26, 2001... AREA'S BUSIEST HIGHWAYS (Ranked by Average Daily Traffic Volume) Rank Last Average Daily Rank (1) Highway Name Traffic Volume County 1 Interstate 87 - 114,452 ...

Area's Largest Alpine SKI Resorts.(New York-Vermont region)(Statistical Data Included)
November 26, 2001... AREA'S LARGEST ALPINE SKI RESORTS (Ranked by Total Lift Capacity Per Hour) Name Address Lift Capacity Total Skiers/ Telephone (Fax) Per Hour/ Full-time Rank...

Bouncing back: Experts see everything falling into place for economic revival early next year. (Focus: Economic Forecast).(United States)(Statistical Data Included)
November 26, 2001... The past two years, and particularly the few months since the terrorist attacks in New York City and Washington D.C., have been rather stormy for the U.S. economy. Experts say that if we can just weather the next few quarters, happy days...

Bankers' crystal balls are a bit foggy as industry moves ahead. (Economic Forecast).(banking industry market forecast, United States)(Brief Article)(Statistical Data Included)
November 26, 2001... For local bankers, the rapid drop in interest rates over the past year, the terrorist attacks and the war in Afghanistan have made life a bit more difficult, but have not spelled disaster. "Right now it is not booming, but it is not bad,"...

Retailers hoping strong holiday season will set tone for 2002. (Economic Forecast).(Brief Article)
November 26, 2001... Despite uncertainties on the political and economic fronts, many local retailers are optimistic that consumers will continue to make shopping a part of their holiday traditions. And a strong holiday season could indicate the beginning of a...

Cautious construction industry tightens belt as it prepares for 2002. (Economic Forecast).(Brief Article)
November 26, 2001... By all accounts, construction services companies will have a leaner 2002 with tighter credit, higher business costs and fewer customers. Even public school construction work, which in the past has helped carry contractors through the...

Technology companies expect slower growth in coming year. (Economic Forecast).(Brief Article)(Statistical Data Included)
November 26, 2001... As the economy continued to head downward during the summer, Craig Skevington, president, CEO and founder of Flow Management Technologies Inc. began to see his company's revenue growth slow. "We are still growing," he said back in August...

Manufacturers guarded about upcoming year. (Economic Forecast).(year 2002 business forecast)(Brief Article)(Statistical Data Included)
November 26, 2001... For many area manufacturers, 2001 was no the best of times. For a few others, it was the worst. Most remain guarded about 2002, hoping they adjust well enough to the continuing economic downturn. The Sept. 11 terrorist attacks had a...

Area's Largest Defense Contractors.(ranked by local defense contract revenues in 2000)(Directory)(Illustration)(Statistical Data Included)
November 26, 2001... AREA'S LARGEST DEFENSE CONTRACTORS (Ranked by 2000 Local Defense Contract Revenue) Executive Name Defense Rank Company Name Contracting Local/ Last Company Address ...

Strange bedfellows: Companies see benefits of inviting former 'enemy' OSHA to inspect sites. (Strategies).(GE Silicone)
November 26, 2001... Startled residents in the Saratoga County village of Waterford thought a plane had crashed on the night of Nov. 21, 1997, but the thunderous sound was actually an explosion at the nearby GE Silicones Co. chemical plant. Agents from the...

Don't stand still; make something happen for your company -- today. (Small Business Survival).(Brief Article)
November 26, 2001... In a recent article, I discussed the fact that many business owners and managers seem to be paralyzed--stuck in place waiting for something, anything, to happen to make their business decisions easier. My impression is that they believe...

Government leads area wage market. (The Public Purse).(Brief Article)(Statistical Data Included)
November 26, 2001... A number of years ago when I was working in government, my very talented and competent secretary and chief payroll clerk told me that she was considering another position. It was with a downtown Albany law firm and the job rate was more than...

For any business, part of customer service is apologizing for mistakes. (Sales and Marketing).(Brief Article)(Column)
November 26, 2001... The scene: an elegant restaurant. The order: steak, medium rare. The problem: the steak arrived well-done on the outside but totally rare on the inside. This is not a rare situation. So we brought the problem to the attention...

Newsletter says there are 15 reasons to remain fully invested in stocks. (Investor's NoteBook).(Brief Article)
November 26, 2001... In the wake of the recent terrorist attacks, many things in the United States may change. But one thing that shouldn't change, says The Turnaround Letter, is your long-term investment strategy. "We always advocate being as fully invested...

Taking Stock.(Berkshire Hills Bancorp Inc.)(Brief Article)(Statistical Data Included)
November 26, 2001... A weekly report compiled from the proxy statement and annual report of a publicly held company based in the Capital Region or of major interest to Capital Region investors. Berkshire Hills Bancorp Inc. (AMEX:BHL) Berkshire Hills...

MarketPlace.(local stocks, closing prices for Nov. 19, 2001)(Brief Article)(Illustration)(Statistical Data Included)
November 26, 2001... MARKETPLACE LOCAL STOCKS Ticker Closing Price Company (Exchange) Symbol 11/19 Albany International Corp. (NYSE) AIN 20.98 Albany Molecular...

People on the Move.(includes multiple appointments)(Brief Article)
November 26, 2001... ENGINEERING Barton & Loguidice P.C. consulting engineers has hired David Ardman as a marketing representative based in the Albany office. Ardman previously worked for state Sen. Caesar Trunzo and was with the state Thruway Authority for...

Awards & Achievements.(includes multiple appointments and awards)(Brief Article)
November 26, 2001... Michael Evola Jr., president of Allcare Transportation Inc. of Albany, has been elected to the board of directors of the National Medical Transportation Association at its convention in New Orleans. The NMTA's mission is to promote and...

Bids are being accepted by the state Department of Health. (Bids & Proposals).
November 26, 2001... Bids are being accepted by the state Department of Health for a variety of imprinted promotional items for Child Health Plus. Bids are due Dec. 5; Contract No. 0606-249.

Bids are being accepted by the state Office of Children and Family Services. (Bids & Proposals).
November 26, 2001... Bids are being accepted by the state Office of Children and Family Services to install metal siding and replace doors and windows at the Cass Residential Center in Rensselaerville. Bids are due Dec. 5; Contract No. CFS0258.

The state Office of General Services. (Bids & Proposals).(contract for environmental testing services)(Brief Article)
November 26, 2001... The state Office of General Services is accepting letters of interest from qualified firms to provide services including but not limited to sampling, testing and reporting of bio-hazards, asbestos, lead, PCBs, hazardous waste and water...

Bids are being accepted by the Hunter Foundation Inc. of the town of Hunter to provide engineering services for a state Department of Transportation. (Bids & Proposals).(Brief Article)
November 26, 2001... Bids are being accepted by the Hunter Foundation Inc. of the town of Hunter to provide engineering services for a state Department of Transportation-sponsored rehabilitation of the Rip Van Winkle Trail. Bids are due Dec. 5; Contract No....

Bids are being accepted by the state Office of Parks, Recreation and Historic Preservation. (Bids & Proposals).(for agricultural lease)(Brief Article)
November 26, 2001... Bids are being accepted by the state Office of Parks, Recreation and Historic Preservation for a three-year agricultural lease of 38 acres of crop land located at Schoharie Crossing State Historic Site in the town of Florida. Bids are due...

Proposals are being accepted by the state Department of Health. (Bids & Proposals).(for Anthrax hotline services)(Brief Article)
November 26, 2001... Proposals are being accepted by the state Department of Health from professional organizations to provide a telephone hotline service to answer the inquiries and concerns of New York state residents regarding bioterrorism events such as the...

The New York State Canal Corp. (Bids & Proposals).(contract for canal maps)(Brief Article)
November 26, 2001... The New York State Canal Corp. in Albany is accepting bids for printing services to reprint maps of the canal system using four-color processes and in quantities up to 500,000. Bids are due 1 p.m. Dec. 5; Contract No. 01119.

The State University Construction Fund. (Bids & Proposals).(contract for consulting engineers)(Brief Article)
November 26, 2001... The State University Construction Fund is seeking statements of qualifications from consultants to provide contructability evaluation of proposed projects during design on an as-needed basis. Proposals are due Dec. 5; Contract No. 808G5.

The State University of New York. (Bids & Proposals).(accounting firm contract)(Brief Article)
November 26, 2001... The State University of New York is seeking to retain an independent accounting firm to assist SUNY in performing a risk assessment of its operations to use as a basis for developing a University wide audit plan. Proposals are due Dec. 5;...

The state Thruway Authority. (Bids & Proposals).(street repair contract)(Brief Article)
November 26, 2001... The state Thruway Authority is seeking a qualified engineering firm to provide construction inspection services for the milling and resurfacting of Thruway pavement between mileposts 197.9 and 210.3 in Montgomery and Herkimer counties....

Bids are being accepted by the state Dormitory Authority. (Bids & Proposals).(seeks bids for metal demountable bunk beds)(Brief Article)
November 26, 2001... Bids are being accepted by the state Dormitory Authority to furnish and deliver metal frame demountable bunk/adjustable beds to State University of New York campuses throughout the state. Bids are due 2:30 p.m. Dec. 5; Contract No. 9886.

Proposals are being accepted by the state Bridge Authority. (Bids & Proposals).(seeks bids for armored car services)(Brief Article)
November 26, 2001... Proposals are being accepted by the state Bridge Authority to provide armored car services to pick up and deliver bank deposits. Locations range from the Rip Van Winkle Bridge to the Bear Mountain Bridge. Proposals are due Dec. 5; Contract...

Bids are being accepted by the state Division of Military and Naval Affairs. (Bids & Proposals).(seeks bids for cutain-wall partitions)(Brief Article)
November 26, 2001... Bids are being accepted by the state Division of Military and Naval Affairs to provide new wood, glass and plastic laminated panel curtain-wall partitions at the new display rooms at the state armory in Saratoga Springs. Bids are due 2 p.m....

Bids are being accepted by the state Office of Parks, Recreation and Historic Preservation for Phase I of the landscape restoration. (Bids & Proposals).(Brief Article)
November 26, 2001... Bids are being accepted by the state Office of Parks, Recreation and Historic Preservation for Phase I of the landscape restoration at Olana State Historic: Site in Greenport. The awardee will be responsible for tree and shrub plantings,...

Proposals are being accepted by the state Department of Correctional Services. (Bids & Proposals).(seeks maintenace contract for alarm systems)(Brief Article)
November 26, 2001... Proposals are being accepted by the state Department of Correctional Services for a statewide service/maintenance agreement for 59 900mhz spread-spectrum technology civilian personal alarm systems. Proposals are due Dec. 6; Contract No. 01-24.

The state Office of Parks, Recreation and Historic Preservation. (Bids & Proposals).(seeks roofing contractor bids)(Brief Article)
November 26, 2001... The state Office of Parks, Recreation and Historic Preservation is accepting bids to rehabilitate the roof of the box office and Gideon Garage at the Saratoga Performing Arts Center. Bids are due 11 a.m. Dec. 6; Contract No. D002974.

Bids are being accepted by the state Office of Parks, Recreation and Historic Preservation for roll and fanfold tickets. (Bids & Proposals).(Brief Article)
November 26, 2001... Bids are being accepted by the state Office of Parks, Recreation and Historic Preservation for roll and fanfold tickets for various locations operated by the agency. Bids are due Dec. 6; Contract No. AO-01-AO.

The state Department of Correctional Services. (Bids & Proposals).(seeks bids for identification printer repair services)(Brief Article)
November 26, 2001... The state Department of Correctional Services is accepting proposals for a service/maintenance agreement for approximately 38 ID printers located at correctional facilities within the state. Proposals are due Dec. 7; Contract No.01-23.

The state Office of Children and Family Services. (Bids & Proposals).(seeks bids to renovate Cass Residential Center gym)(Brief Article)
November 26, 2001... The state Office of Children and Family Services is accepting bids to rehabilitate the exterior of the gym at the Cass Residential Center in Rensselarville. Bids are due Dec. 12; Contract No. CFS0322.

The state Division of Housing and Community Renewal. (Bids & Proposals).(seeks bids to print registration forms)(Brief Article)
November 26, 2001... The state Division of Housing and Community Renewal is accepting bids to print annual and initial rent registration forms in various quantities ranging from 20,000 to 760,000 for inside delivery to Albany and New York City. Bids are due Dec....

Proposals are being accepted by the Empire State Development Corp. (Bids & Proposals).(seeks consulting firm bids)(Brief Article)
November 26, 2001... Proposals are being accepted by the Empire State Development Corp. for a consulting firm to provide full-service Internet/interactive media design and implementation. The firm would have to operate in various locations, but primarily in...

Bids are being accepted by the state Thruway Authority. (Bids & Proposals).(seeks bids for diesel-fuled generator)(Brief Article)
November 26, 2001... Bids are being accepted by the state Thruway Authority to furnish and install a 400 kW standby, diesel-fueled generator in Albany. Bids are due 1 p.m. Dec. 18; Contract No. 00125KD.

Proposals are being accepted by the Office of the State Comptroller. (Bids & Proposals).(seeks bids for publishing and distribution contract)(Brief Article)
November 26, 2001... Proposals are being accepted by the Office of the State Comptroller to publish and distribute the opinions of the state comptroller through the sale of an annual subscription service providing periodic supplements and the sale of annual...

The state Department of Health. (Bids & Proposals).(seeks proposals for youth anti-smoking campaign)(Brief Article)
November 26, 2001... The state Department of Health has extended the deadline for proposals to produce a youth-targeted Web site for the "Reality Check" tobacco control program. Proposals are due Dec. 28; Contract No. 1117100A.

Proposals are being accepted by the New York State Energy Research and Development Authority. (Bids & Proposals).(seeks bids for web site hosting services)(Brief Article)
November 26, 2001... Proposals are being accepted by the New York State Energy Research and Development Authority to provide Website hosting services for its various Web sites. Proposals are due Dec. 5; RFP No. 662-01.

Play It Again Sports of Latham. (Business Notes).(celebrates fith anniversary in business)(Brief Article)
November 26, 2001... Play It Again Sports of Latham, owned and operated locally by Dottie and Steve Vonk, recently celebrated its fifth anniversary in business. The Vonks and their sporting goods store were recognized at the Play It Again Sports national...

Daughters of Sarah Senior Community. (Business Notes).(launches updated web sites)(Brief Article)
November 26, 2001... Daughters of Sarah Senior Community has launched two upgraded, updated Web sites at www.daughtersofsarah.org and www.thepinesatsarah.org. The new Web sites are meant to reflect the expansion and renovation of Daughters of Sarah's multi-level...

Calendar.
November 26, 2001... Nov. 27: Sales & Marketing Executives of Eastern New York will host a luncheon meeting from 11:45 a.m. to 1:30 p.m. at the Albany Marriott, Wolf Road, Colonie. Tony Gaetano of Gaetano & Schroeder will speak on the topic. "The Arsenal Business...

Albany Molecular Research Inc. (Nasdaq:AMRI). (Earnings & Dividends).(net income)(Brief Article)(Statistical Data Included)
November 26, 2001... Albany Molecular Research Inc. (Nasdaq:AMRI) had net income for the nine months of $25.14 million, or 74 cents a diluted share. This compares to $16.1 million, or 51 cents a diluted share, in the year-ago period. Revenue increased 47 percent,...

Trans World Entertainment Corp. (Nasdaq:TWMC). (Earnings & Dividends).(third fiscal quarter)(Brief Article)(Statistical Data Included)
November 26, 2001... Trans World Entertainment Corp. (Nasdaq:TWMC) reported a net loss of $11.6 million, or 28 cents a diluted share, on revenue of $273.4 million, for the third fiscal quarter ended Nov. 3. This compares to a net loss of $ 15.6 million, or 32...

Niagara Mohawk Holdings Inc. (NYSE:NMK). (Earnings & Dividends).(third quarter)(Brief Article)(Statistical Data Included)
November 26, 2001... Niagara Mohawk Holdings Inc. (NYSE:NMK), reported third-quarter net income of $4.2 million, or 3 cents a diluted share, on revenue of $1.13 billion, up from $2.7 million, or 2 cents a diluted share, on revenue of $1.09 billion, a year...

Interest Rates.(new car loans)(Illustration)(Statistical Data Included)
November 26, 2001... INTEREST RATES (Current as of 11/20/01; some rates change daily) LOANS New Car Loans (over...

Mortgage Rates-Points.(Brief Article)(Illustration)(Statistical Data Included)
November 26, 2001... MORTGAGE RATES-POINTS 30-year 15-year 1-year fixed fixed ARM Abetter Mortgage 6.750-0 6.250-0 5.750.0 Absolute...

Hungry area labor market grabs laid-off workers.(Brief Article)(Statistical Data Included)
November 19, 2001... Thirty thousand job cuts at Boeing. A hundred thousand in the airline industry. In the national economic downturn, it is the layoffs at the big companies that get the big headlines. The Capital Region so far has avoided mass layoffs,...

Tech sector bleeds, but by dribs and drabs.(industry layoffs)(Brief Article)(Statistical Data Included)
November 19, 2001... FairPoint Communications announced another round of layoffs earlier this month, 48 local posilions, as the company folded up its tent and left the Capital Region. The fate of 224 remaining employees, staying on until Choice One...

Nonprofits are getting good bang for the buck from executives. (Analysis).(salaries of executives at nonprofit organizations)(Statistical Data Included)
November 19, 2001... James Barba not only is the highest-paid nonprofit executive in the Capital Region, he also is the most cost-effective, at least by one measure. Barba, President and CEO of Albany Medical Center, earned a salary of $424,837 in 1999, the...

Owner of Lodge's doing his part to revitalize Albany's downtown.(Brief Article)
November 19, 2001... As consumer shopping patterns swung in favor of malls over the past 30 years, downtown Albany department store B. Lodge & Co., better known as Lodge's, has survived by being unique. From adult union suit pajamas complete with matching...

Budget suffers as tax revenue declines. (UpFront).(Brief Article)(Statistical Data Included)
November 19, 2001... State tax collections were down 20 percent in September compared to the same month a year earlier, another sign that the slowing economy is taking its toll on the New York state budget. Revenue was already flat or slightly down earlier in...