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  • CHICAGO/ NEW YORK, May 22- As a virulent avian influenza outbreak continues to spread across the Midwestern United States, some egg-dependent companies are contemplating drastic steps- importing eggs from overseas or looking to egg alternatives. A spokeswoman for Archer Daniels Midland Co said that as egg supplies tighten and prices rise, the food processing...

  • CHARLESTON, W.Va.— Appalachian coal mining suffered a double blow Friday, as Murray Energy announced plans to lay off more than 1,800 miners, most from West Virginia, and Alpha Natural Resources told another 439 Mountain State miners they could be out of work. On Friday, St. Clairsville, Ohio- based Murray Energy said it told 1,417 workers at five West Virginia mines...

  • DES MOINES, Iowa— Egg prices reached record levels on Friday after a bird flu outbreak decimated the flock, leading to the death of more than 20 million egg-laying hens over the last month in the top producing state of Iowa. The virus spread appears to have slowed but not stopped. Carton egg prices reached a record Friday of $2.32 a dozen for Midwest large eggs, said...

  • The oil pipeline leak that fouled a stretch of California coastline this week reflects a troubling trend in the nation's infrastructure: As U.S. oil production has soared, so has the number of pipeline accidents. "Tick, tick, tick," said Robert Bea, a professor emeritus in civil engineering at the University of California, Berkeley. Since 1995, there have been more...

  • US oil and natural gas rig count drops by 3 to 885 Friday, 22 May 2015 | 1:22 PM ET

    HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. declined by three this week to 885.. Among major oil- and gas-producing states, Louisiana lost four rigs, West Virginia declined by three and Kansas, North Dakota and Ohio each lost one. Alaska, California, Colorado, Texas, Utah and Wyoming were all...

  • LOS ANGELES— Richard Martinez thinks of his son every day, and with those thoughts come the constant reminder of a young life cut tragically short by a troubled man with a gun. Martinez had just gotten off the phone with his son, Christopher Michaels-Martinez, on the night of May 23, 2014, when the sophomore English major at the University of California, Santa...

  • LONDON, May 22- U.S. Steel Corp said it is close to filing several anti-dumping complaints with U.S. authorities, adding it is still having to consider idling more plants because of difficult market conditions. The Pittsburgh- based company has idled plants in Indiana, Illinois, Alabama, Texas, Ohio and Arkansas this year. It's no longer a matter of if we're going to...

  • *Core inflation at highest since January 2013. May 22- U.S. stocks fell in late morning trading on Friday, retreating from recent record highs, as investors await Federal Reserve Chair Janet Yellen's economic outlook for clues on the timing of a rate hike after new data showed a rise in inflation. "September is the most likely scenario and Yellen has been very keen on...

  • HARRISBURG, Pa.— Pennsylvania recorded its biggest one-month jobs gain in nearly two decades in April, while its unemployment rate stabilized after rising for three straight months, the state Department of Labor and Industry said Friday. Labor economist Mark Price, with the Keystone Research Center in Harrisburg, said the data lack details but the jump in...

  • *Core inflation at highest since January 2013. The Labor Department said its Consumer Price Index rose 0.1 percent last month, while the so-called core CPI, which strips out food and energy costs, increased 0.3 percent, the largest gain since January 2013. "There is some conflicting information that is going on inside the marketplace that sort of belies what's...

  • PHILADELPHIA— The chairman of Temple University's physics department schemed to provide U.S. technology secrets to China in exchange for prestigious appointments for himself, federal authorities said in charging him with four counts of wire fraud. Xi Xiaoxing, a naturalized U.S. citizen who was born in China, appeared in federal court Thursday in...

  • BUCKEYE LAKE, Ohio— An engineering firm that analyzed the deteriorated dam at central Ohio's Buckeye Lake suggested Friday that changes could be made to raise the water level and keep boats and surrounding businesses afloat without decreasing safety, though state officials have some concerns about the proposals. The local chamber of commerce sought an...

  • CHICAGO and NEW YORK, May 22- As a virulent avian influenza outbreak continues to spread across the Midwestern United States, some egg-dependent companies are contemplating drastic steps: importing eggs from overseas or looking to egg alternatives. "Canada is short on eggs and has been buying heavily from the U.S. for the last several years," said Rick Brown, a...

  • U.S. Senate Democrats press for Amtrak funding increase Thursday, 21 May 2015 | 4:44 PM ET

    One day after an Amtrak train derailed on May 12 near Philadelphia, killing eight passengers, the Republican-controlled House Appropriations Committee approved a $1.14 billion Amtrak budget, a $252 million cut from fiscal 2015.. "Philadelphia was preventable and it was predictable," Senator Richard Blumenthal of Connecticut said at a news conference.

  • *Weekly jobless claims rise 10,000. *Four-week average of claims at new 15- year low. WASHINGTON, May 21- The U.S. economy was on a modest growth path early in the second quarter with home resales falling in April and manufacturing activity on the backfoot in May, although the labor market continued to tighten.

  • WASHINGTON, May 21- Two U.S. Louisiana Senator David Vitter withdrew a proposed amendment to the financial regulatory bill that aimed to end "too big to fail" by requiring certain mega banks to face new 10 percent capital levels. Pennsylvania's Pat Toomey withdrew another proposed change that would have repealed a major provision of the Dodd-Frank Wall Street...

  • Amtrak says the system will be ready by year's end throughout the Northeast Corridor, which stretches from Boston to Washington, with the exception of some track owned by commuter railroads in New York. Democrats want Congress to give Amtrak the entire $2 billion in subsidies the railroad requested for the budget year that starts Oct. 1. They say GOP lawmakers...

  • Manufacturing in Philly area grew at a slower pace in May Thursday, 21 May 2015 | 10:19 AM ET

    WASHINGTON— Manufacturing growth in the Philadelphia region slowed a bit in May, one of several recent signs the U.S. economy is barely improving after an anemic start to the year. The Federal Reserve Bank of Philadelphia said Thursday that its index of factory activity slipped to 6.7 in May from 7.5 the previous month. The survey covers manufacturing in eastern...

  • PITTSBURGH— The cookies may be smiling, but the restaurants are not. A Pennsylvania chain says in a lawsuit that the smiley face cookies made by a Chicago- based baker are "confusingly similar" to its own trademarked treats. Homestead-based Eat'n Park seeks to block additional cookie sales by Chicago American Sweet& Snacks Inc..

  • Bon-Ton reports 1Q loss Thursday, 21 May 2015 | 7:27 AM ET

    YORK, Pa. _ The Bon-Ton Stores Inc. on Thursday reported a loss of $34.1 million in its fiscal first quarter. Bon-Ton expects a full-year loss of 25 cents per share. Bon-Ton shares have decreased 11 percent since the beginning of the year.