GO
Loading...

Pennsylvania

More

  • March 31- Alloys maker Carpenter Technology Corp said on Tuesday that it will cut about 10 percent of its salaried workforce, or 200 jobs, to reduce costs amid weak oil and gas prices. Services to oil and gas companies accounted for about 16 percent of Carpenter Technology's adjusted sales in the second quarter ended Dec. 31. Carpenter Technology forecast a loss of...

  • The Ohio chapter of the American Civil Liberties Union sued the state in late 2013, arguing that the prison system's policy is inconsistent, especially when the backgrounds of other high-security prisoners granted access to reporters are reviewed. The only plausible reason for granting interviews to other prisoners while denying access to the...

  • March 31- Comcast Corp Chief Financial Officer Michael Angelakis will leave his position to head a new investment arm with up to $4.1 billion to invest in growth-oriented companies, Comcast said on Tuesday. Philadelphia- based Comcast, which already has a venture capital arm through Comcast Ventures, said the new company would begin operations in 2015 or early...

  • DES MOINES, Iowa— A watchdog group is accusing four potential 2016 presidential candidates of skirting federal campaign finance rules while traveling and raising money as if they were off and running. In complaints filed with the Federal Election Commission on Tuesday, the Campaign Legal Center says Florida Republican Jeb Bush, Maryland Democrat Martin...

  • Giant Factories recalls water heaters over fire risk Tuesday, 31 Mar 2015 | 3:18 PM ET

    NEW YORK— Giant Factories of Canada is recalling 240 water heaters that were sold in 2014 because they could catch fire or explode. The heaters were sold at independent distributors in Maryland, New York and Pennsylvania between April and October, and they cost $340 to $830 each. They were made in Canada.

  • NEW YORK, March 31- U.S. "We are also getting a little bit of safe-haven buying on the margin," said Guy LeBas, chief fixed-income strategist at Janney Montgomery Scott in Philadelphia. Uncertainty over the talks in Switzerland on hammering out a nuclear deal between Iran and global powers was also driving some bids for Treasuries, according to Vishal Khanduja,...

  • ATLANTIC CITY, N.J.— Morgan Stanley has cut its estimate of the potential U.S. It took in $135 million last year; Morgan Stanley initially forecast $678 million. Morgan Stanley forecasts the 2017 online market will be $410 million, down from an initial estimate of $1.3 billion.

  • WASHINGTON, March 31- U.S. consumer confidence rebounded strongly in March amid optimism over the labor market while house prices increased in January, hopeful signs that a recent sharp slowdown in economic activity was probably a blip. A combination of harsh winter weather, a now-settled labor dispute at the country's busy West Coast ports, softer global...

  • NEW YORK, March 31- U.S. "We are also getting a little bit of safe-haven buying on the margin," said Guy LeBas, chief fixed-income strategist at Janney Montgomery Scott in Philadelphia. Anxieties in Europe over Greece's finances were keeping the euro on track for its biggest losing quarter since the currency's introduction as central bankers in the region buy...

  • *France, Germany want deal where Iran cannot make nuclear weapons. Six world powers, consisting of the United States, Britain, France, Germany, Russia and China, ramped up negotiations with Iran in Switzerland for outline deal on Tehran's nuclear program that would be integral to removing sanctions on its oil exports. But with hours to go to the midnight deadline in...

  • NEW YORK, March 31- U.S. stocks retreated on Tuesday from the previous session's rally, though major indexes were headed for a positive first quarter, while the euro was on track for its biggest quarterly fall as worries about Greece kept the currency under pressure. The European Central Bank's one-trillion-euro economic stimulus program, launched this month,...

  • Tom Wolf made his second official appearance on social media Tuesday at what was billed as a Facebook Town Hall but looked more like him being interviewed by an aide. In a statement, the state Republican Party noted that Wolf is holding social media events while boosting a proposal that would make computer purchases more expensive. If the tax were increased, "many...

  • A look at top car, truck speed limits across the US Tuesday, 31 Mar 2015 | 10:59 AM ET

    Nearly all truck tires have been built for a maximum sustained speed of 75 mph since the middle of last decade, when drivers across the vast majority of the U.S. were allowed to go no faster than 65 or 70 mph. But 14 states, mainly west of the Mississippi River, now have speed limits of 75, 80, even 85 mph in part of Texas. Here is a look at the top speed limits for cars in...

  • NEW YORK, March 31- Former presidential candidate Mitt Romney's legendary tax deduction for his horse may sound like the ultimate boondoggle of the super rich. That's why Patrick Beagle, a financial planner at WealthCrest in Springfield, Virginia, has four accounts for his two children. You can also "front-load" your 529 savings by making several years of...

  • DOYLESTOWN, Pa.— A local GOP fundraiser charged in a $20 million insurance scheme after three mansion fires in five years cursed and discussed the Mafia while meeting with a jewelry appraiser about her claims, the appraiser testified Tuesday. Claire Risoldi's "salty language" was humorous until it became threatening, appraiser Don Palmieri testified at a...

  • NEW YORK, March 31- U.S. stock fell on Tuesday in a modest retreat from the previous session's sharp rally, though major indexes remained on track for a positive first quarter and the S&P 500 was set for its ninth straight quarterly rise. Energy shares will be in focus as crude oil fell 1.4 percent to $48 per barrel, sending the S&P Energy index down 1 percent and Exxon...

  • US home prices rise modestly, weigh on affordability Tuesday, 31 Mar 2015 | 9:00 AM ET

    WASHINGTON— U.S. home prices rose at a steady pace in January, pushing prices up at a faster pace than wages and putting more homes financially out of reach for would-be buyers. "Home prices are rising roughly twice as fast as wages, putting pressure on potential homebuyers and heightening the risk that any uptick in interest rates could be a major setback," said...

  • Comcast to establish strategic investment company Tuesday, 31 Mar 2015 | 8:05 AM ET

    NEW YORK— Comcast is establishing a firm with $4.1 billion in capital commitments to invest in fast-growing companies. Michael Angelakis, Comcast's chief financial officer, will be the company's CEO. Comcast will invest $4 billion in the venture, and at least $40 million will be invested personally by Angelakis.

  • Vitae Pharmaceuticals reports 4Q loss Tuesday, 31 Mar 2015 | 7:19 AM ET

    FORT WASHINGTON, Pa. _ Vitae Pharmaceuticals Inc. on Tuesday reported a loss of $7.3 million in its fourth quarter. Vitae Pharmaceuticals shares have decreased 32 percent since the beginning of the year. Keywords: Vitae Pharmaceuticals, Earnings Report.

  • But 14 states, mainly west of the Mississippi River, now have speed limits of 75, 80, even 85 mph in part of Texas. "It's a recipe for disaster," said James Perham, president of Extreme Transportation Corp., an automobile-hauling company near San Diego that filed a complaint with regulators about Michelin tires after seven blowouts caused an estimated $20,000 to...