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Pennsylvania

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  • Energy firm to pay $1M over issues at Pa. gas well Monday, 22 Dec 2014 | 3:27 PM ET

    PITTSBURGH— A landslide, wastewater spill and other issues at a southwestern Pennsylvania natural gas drilling site are resulting in a $1 million fine. The Pittsburgh Tribune-Review reported Monday that Vantage Energy of Englewood, Colorado, has to pay the money immediately and clean up the site by the end of 2015.. The DEP tells the Tribune-Review that a...

  • WILMINGTON, Del., Dec 22- The Trump Taj Mahal, a casino hotel in New Jersey's struggling Atlantic City gambling hub, could stay open for all of 2015 with a $20 million financing package from investor Carl Icahn, lawyers for Trump Entertainment Resorts said on Monday. Atlantic City's fortunes have faded as competition from Pennsylvania and other neighboring...

  • US, industry launch drone safety campaign Monday, 22 Dec 2014 | 11:20 AM ET

    The campaign includes a website— www.knowbeforeyoufly.com— which advises both recreational and commercial drone operators of FAA regulations and how to fly their unmanned aircraft safely. The campaign was announced by the Association for Unmanned Vehicle Systems International and the Small UAV Coalition, both industry trade groups, and the Academy of...

  • NY farmers lament lost opportunity for gas riches Sunday, 21 Dec 2014 | 11:41 AM ET

    ALBANY, N.Y.— While environmental groups are doing a victory dance over New York's decision to ban fracking, farmers such as apple grower David Johnson are grieving for dashed hopes and dreams. That's what they've done since the Marcellus Shale gas drilling boom began in 2008 and New York launched an environmental review that effectively put a moratorium in...

  • *Metro Bank broke mould by using software supplier. LONDON, Dec 21- When Metro Bank prepared to launch in 2010 as the first new bank to appear on British high streets for over a century, its founders broke with convention by outsourcing the construction of its computer systems. "That's the way the whole process developed in America," said Metro Bank co-founder Vernon...

  • Dec 20- More than 1,500 protesters against police violence shut down part of the Mall of America in Minnesota on Saturday, resulting in about 25 arrests during the final weekend before Christmas as shoppers scrambled to buy gifts at one of the nation's largest shopping centers, officials said. The protest and a smaller action at the King of Prussia Mall in...

  • Last U.S. holiday shopping weekend off to solid start Saturday, 20 Dec 2014 | 3:57 PM ET

    CHICAGO/ NEW YORK, Dec 20- Shoppers filled up malls and department stores on the last weekend before Christmas, as the weather cooperated to help raise the prospect of a solid finish to a holiday season that has so far produced mixed results. Crowds were building at stores in and around New York, Philadelphia, Chicago and Los Angeles by midday on Saturday.

  • Recalls this week: Bean bag chairs, toy monkeys Friday, 19 Dec 2014 | 5:38 PM ET

    DETAILS: Bean bag chairs sold at Burlington Coat Factory, Kroger, Meijer and other retail stores nationwide and online at Amazon, Bean Bag Company, Groupon, Kohls, Target, Toys R Us, Walmart, Wayfair and other online retailers. They were sold between January 2010 and October 2013 for up to $40. FOR MORE: Contact Comfort Research at 844-578-8933 from 9 a.m. to 5 p.m. ET...

  • $500K from grant to fund 500 bikes for Pittsburgh Friday, 19 Dec 2014 | 10:40 AM ET

    Bike Share officials hope to fund the program, set to begin next spring, through charitable foundations, the Pittsburgh Tribune-Review reported Friday. That would make Pittsburgh's program a public service, rather than a money-making venture, which is how similar programs are run in other U.S. cities. We didn't want that, "said Bart Yavorosky, the executive...

  • Pennsylvania jobless rate falls, hiring flattens Friday, 19 Dec 2014 | 10:08 AM ET

    HARRISBURG, Pa.— Pennsylvania's jobless rate has fallen to another post-recession low even as payrolls remain static and below pre-recession levels, according to employment figures released Friday. November's seasonally adjusted unemployment rate in Pennsylvania was 5.1 percent, which is three-tenths of a percentage point lower than the month before,...

  • First Niagara to lay off up to 200 in 4 states Friday, 19 Dec 2014 | 9:36 AM ET

    BUFFALO, N.Y.— First Niagara Financial Group Inc. says it will eliminate up to 200 jobs companywide in a move aimed at better serving customers and boosting competitiveness. The Buffalo- based bank announced Thursday that it will cut 150 to 200 management positions at its operations in New York, Pennsylvania, Massachusetts, and Connecticut.

  • Dec 18- Kraft Foods Group Inc on Thursday said Tony Vernon would retire as chief executive officer later this month, with Chairman John Cahill succeeding him as the company battles sluggish demand for packaged food products in the United States. Kraft shares rose 6.4 percent to close at $63.38, an all-time high since the company was spun off from Mondelez...

  • Dec 18- Billionaire investor Carl Icahn offered $20 million in financing on Thursday to keep the Trump Taj Mahal from becoming the fifth casino to close this year in New Jersey's troubled Atlantic City, was once the only major destination for gamblers on the U.S. East Coast. The Taj, owned by bankrupt Trump Entertainment Resorts Inc., is slated to close on Saturday.

  • Ex-Rite Aid VP charged in $14.6M surplus scheme Thursday, 18 Dec 2014 | 1:47 PM ET

    HARRISBURG, Pa.— A former Rite Aid quality assurance executive in Oregon and a New Jersey businessman have agreed to plead guilty to charges in connection with a nine-year, $14.6 million surplus inventory kickback scheme. Federal prosecutors Thursday charged Timothy Foster and businessman Jay Findling with conspiracy to commit wire fraud and 65- year-old...

  • Dec 18- Kraft Foods Group Inc on Thursday said Tony Vernon would retire as chief executive officer later this month, with Chairman John Cahill succeeding him as the company tries to accelerate its growth. Vernon, who has headed the company since it was spun off from Mondelez International Inc in October 2012, has focused on expanding its reach among growing...

  • Cuomo gets kudos, scorn for New York fracking ban Thursday, 18 Dec 2014 | 10:59 AM ET

    ALBANY, N.Y.— New York Gov. Andrew Cuomo is getting heaped with praise by environmentalists and scorn by business interests for a planned state ban on hydraulic fracturing for natural gas, even as he insists the decision wasn't his. Quinnipiac University Poll's Mickey Carroll said the political impact is likely to be limited and the decision was predictable.

  • NEW YORK, Dec 18- Factory activity in the U.S. mid-Atlantic region grew at a slower pace in December, a survey showed on Thursday. The Philadelphia Federal Reserve Bank said its business activity index fell to 24.5 from 40.8 the month before. The survey covers factories in eastern Pennsylvania, southern New Jersey and Delaware.

  • Manufacturing growth slows in Philadelphia region Thursday, 18 Dec 2014 | 10:32 AM ET

    WASHINGTON— Manufacturing in the Philadelphia region grew at a much slower pace in December compared with the previous month. The Federal Reserve Bank of Philadelphia said Thursday that its index of regional factory activity dropped to 24.5 this month from 40.8 in November. The survey covers manufacturing in Pennsylvania, New Jersey and Delaware.

  • Feds: Uganda-based man counterfeited $2M in cash Thursday, 18 Dec 2014 | 7:47 AM ET

    PITTSBURGH— Federal authorities have charged a man with leading an international counterfeit money operation based in the African nation of Uganda, and shipping bogus bills to the Pittsburgh area and other locations in the United States. Gustafson was arrested Dec. 11 in Uganda and investigators seized sophisticated printers and other equipment...

  • CAMP HILL, Pa.— Shares of Rite Aid soared Thursday after the nation's third-largest drugstore chain reported a 47 percent jump in fiscal third-quarter earnings and hiked its annual forecast after dropping it for two straight quarters. Rite Aid now expects fiscal 2015 earnings of between 31 cents and 37 cents per share on $26.25 billion to $26.4 billion in...