New York and Illinois court rulings on 'Amazon taxes' may head to the U.S. Supreme Court to settle questions about the taxing online retail sales.» Read More
Alpha Natural Resources Inc. said Monday that it has agreed to sell its 50 percent stake in a natural gas joint venture to Rice Energy for $300 million in cash and stock. Rice Energy will pay Alpha Natural Resources $100 million in cash and $200 million in common stock from its planned initial public offering.
DALLAS, Dec 9- American Airlines Group, the world's biggest airline after AMR Corp's merger with US Airways Group, intends to take advantage of its broad global network to win more corporate customers, the company's president said. American Airlines parent AMR Corp and US Airways sealed their $18 billion merger on Monday.
As much as 5 inches of snow were forecast for Monday night into Tuesday for an area stretching from Virginia into New York, the National Weather Service said. "I don't think things are going to warm up anytime soon," said Bruce Sullivan, National Weather Service meteorologist.
Northern Maryland received 7 to 10 inches of snow over the weekend, while central and eastern Pennsylvania got 4 to 10 inches, and parts of New York received up to 10 inches through Monday morning, according to the weather service.
Dec 9- A massive winter storm that drove parts of the southern United States into a deep freeze over the weekend kept a tight grip on the region on Monday while bitter temperatures, snow and ice spread through the East Coast.
Dec 9- Natural gas exploration and production company Rice Energy Inc said it had filed with U.S. regulators to go public. Reuters reported in October that the privately held company, founded by former BlackRock Inc portfolio manager Daniel Rice and his children, planned a stock offering that could value the company at up to $2.5 billion.
Marching north, it was expected to pummel the East Coast with snow, sleet, and freezing rain from Baltimore to north of Portland, Maine, according to the National Weather Service. The Delaware Memorial Bridge, which links Delaware with New Jersey, was closed briefly "due to ice and multiple accidents," according to the bridge's official Twitter account.
The storm was moving up the East Coast, with snow, sleet, and freezing rain expected from Baltimore, Maryland, to north of Boston, according to the National Weather Service. The system was expected to reach Philadelphia and New York City by Sunday afternoon and linger over the area through Monday morning's rush hour commute.
NEW YORK, Dec 6- General Electric Co has agreed to pay as much as $18.25 million to settle a class action lawsuit accusing it of rigging bids for municipal securities, court papers filed on Friday show.
PITTSBURGH-- PNC Financial Services Group said Friday it is settling a dispute with Federal Home Loan Mortgage Corp., or Freddie Mac, for $89 million.
American Eagle Outfitters Inc., based in Pittsburgh, was the latest teen fashion merchant to lower its profit outlook for the rest of the year as it resorts to heavy discounting to pull in cautious shoppers. Aeropostale Inc. reported on Wednesday that it swung to a loss in the third quarter as the chain aggressively marked down clothing to attract shoppers.
Tom Corbett will begin the formal process Friday of seeking approval for his plan to bring billions of federal Medicaid expansion dollars to Pennsylvania to extend health insurance to half a million working poor.
NEWS: American Eagle Outfitters Inc. said Friday that its third-quarter net income tumbled 68 percent, matching Wall Street predictions, but issued a lower-than-expected profit prediction for the current period. NUMBERS: American Eagle earned $24.9 million, or 13 cents per share, down from $78.6 million, or 39 cents per share, in the same quarter of 2012..
First United Corp.: Approximately 400 shares changed hands, a 94.6 decrease from its 65- day average volume. The shares fell$. 31 or 3.8 percent to $7.87. The shares fell$. 04 or. 2 percent to $20.15.
Jolly Ranchers are heading to India, the first international market for the hard candy outside of North America in its 65- year history. Hershey India Private Ltd., a subsidiary of The Hershey Co., said Thursday that the expansion underscores the significance of a growing confectionery market in India, a nation of more than 1.2 billion people.
HARRISBURG, Pa.-- Pennsylvania is among the states hoping to compete for a new Boeing aircraft assembly plant. Department of Community and Economic Development spokesman Steve Kratz said Wednesday the company contacted the state on Tuesday, asking for proposals to attract a plant to build the new 777 X aircraft.
*China Mobile signs deal with Apple- report. NEW YORK, Dec 5- U.S. stock index futures were little changed on Thursday, ahead of data on the labor market and economic growth that may help investors assess whether the Federal Reserve may accelerate its timetable to wind down its monetary stimulus.
Researchers at New York University and University of California, Berkeley analyzed 96 metropolitan areas across the United States to see how a lack of economic integration within cities affects people's economic fortunes.
*Trade deficit narrows to $40.6 billion in October. WASHINGTON, Dec 4- U.S. private-sector hiring rose in November at the fastest clip in a year, opening the door wider for the Federal Reserve to start trimming its bond purchases within the next few months.
PITTSBURGH-- American Eagle is broadening its international presence with new license agreements in Central and South America and Thailand.