Richard Mellon Scaife, the grand-nephew of Andrew Mellon, has died.» Read More
HARRISBURG, Pa.— PPL Corp. said Thursday it wants to spend billions of dollars to build a 725- mile system of electric transmission lines that will bring energy from the booming Marcellus Shale natural gas fields to customers on the heavily populated Eastern Seaboard.
*Weekly jobless claims rise 23,000. WASHINGTON, July 31- U.S. labor costs recorded their biggest gain in more than 5-1/ 2 years in the second quarter and a gauge of trends in the jobs market fell to an eight-year low last week, bolstering the economy's outlook.
WASHINGTON— A coal train derailment that killed two Maryland college students was caused by a broken rail on a section of track being monitored by a railroad because of previous problems, the National Transportation Safety Board said Thursday. The NTSB's conclusion was part of a 19- page report on its investigation into the 2012 derailment in Ellicott City.
WASHINGTON— Once more, the tea party forced House Speaker John Boehner to blink. Minutes from a vote on legislation to deal with the immigration surge on the U.S.- Mexico border, and hours from scheduled adjournment for the summer, a conservative revolt left the speaker with no choice but to pull his border bill from the floor.
*Investors fret over Argentina default fallout. NEW YORK, July 31- U.S. stocks slumped in a broad decline on Thursday, with the Dow and S&P 500 turning negative for July on concerns over the strength of overseas economies and ongoing tensions with Russia.
The Labor Department said Thursday that applications for jobless aid increased 23,000 to a seasonally adjusted 302,000. The less volatile four-week moving average dipped to 297,250, the lowest reading since April 2006. New York: Down 18,663, due to fewer layoffs in education, transportation and warehousing, and health care and social assistance.
*Investors fret over Argentina default fallout. NEW YORK, July 31- U.S. stock index futures pointed to a sharply lower Wall Street open Thursday, with the Dow and S&P 500 likely to turn negative for the month on concerns over the strength of overseas economies and ongoing tensions with Russia.
About 5,000 union members, led by the United Mine Workers of America, on Thursday marched to the William S. Moorhead Federal Building chanting, "Hey, hey, EPA!
HARRISBURG, Pa.— Sunoco Logistics got a setback Wednesday to its plans to pump propane and ethane in its 300- mile Mariner East pipeline across southern Pennsylvania. The judges said the buildings cannot be exempt because Sunoco Logistics' Mariner East pipeline service does not constitute public utility service.
CHICAGO, July 30- Cargill Inc, one of the nation's largest beef processors, said on Wednesday it plans to close its Milwaukee, Wisconsin, beef-processing plant on Friday, because the size of the U.S. herd has fallen to its smallest in 63 years.
PITTSBURGH— Thirty protesters were arrested Wednesday during a demonstration for a labor union and higher employee wages at the University of Pittsburgh Medical Center, organizers said. UPMC officials didn't comment on the events organized by the Service Employees International Union outside UPMC's Pittsburgh headquarters.
WASHINGTON— In a story July 29 about consumer debt reported to collection agencies, The Associated Press erroneously indicated that 80 percent of Americans have no debt on file. The study released Tuesday by the Urban Institute found that 20 percent of Americans with credit records have no debt on file.
WASHINGTON, July 30- The U.S. economy rebounded sharply in the second quarter as consumers stepped up spending and businesses restocked, putting it on course to close out the year on solid footing.
*Twitter rallies after blockbuster results. NEW YORK, July 30- U.S. stocks were flat on Wednesday, paring earlier gains as a strong read on second-quarter economic growth sparked concerns the Federal Reserve may adjust its stimulus earlier than expected.
NEW YORK— The long-awaited surge in hiring at small businesses appears to be underway. Faulkner Hyundai in Harrisburg, Pennsylvania, is adding seven people to its staff of 92 because new cars are selling at their fastest rate in eight years. As recently as March, an American Express survey found 76 percent of owners planned to hire only when their revenue rose.
He said some of the fine will be used to increase the training Aramark employees receive. Mohr said Aramark has saved Ohio $13 million since September and likely prevented the state from having to close Hocking Correctional Facility in southeastern Ohio. The Aramark contract is on track to save Ohio more than $16 million next year, Mohr said.
The yearlong investigation by Republican staff on the Senate Homeland Security Committee paints a portrait of inspection delays, government errors in risk assessment and industry loopholes in a $595 million terror prevention program passed by Congress in 2006..
The Florida- based software provider ExamSoft Worldwide Inc. said the processing problem created a six-hour backlog that had been cleared by early Wednesday morning.
PITTSBURGH— More than 2,000 union workers and others organized by the coal industry in Pennsylvania, Ohio and West Virginia joined top state elected officials Wednesday to rally against proposed stricter federal pollution regulations for coal-burning power plants.
WASHINGTON, July 30- U.S. economic growth likely regained steam in the second quarter as activity picked up broadly, which would bolster expectations for a stronger performance in the last six months of the year.