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The boom in new oil and natural gas flowing through U.S. pipelines is beginning to ripple through the wider American economy.
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Can unlocking abundant supplies of domestic energy create millions of new manufacturing jobs? The truth may fall short of this promise, the New York Times reports.
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NEW YORK-- Shares of Urban Outfitters Inc. rose in aftermarket trading Monday after the retailer said it is off to a strong start over the first two months of its fiscal first quarter. In a form filed with the Securities and Exchange Commission, Urban Outfitters said sales at locations open at least a year have grown in the high single digits.
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The court said the Cincinnati- based 6th U.S. Circuit Court of Appeals decision endorsing a group lawsuit, known as class action certification, had to be reconsidered in light of the Supreme Court's 5-4 ruling last week in another consumer case involving Comcast Corp..
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NEW YORK-- Shares of DFC Global Corp. tumbled Monday after the payday lender said a "credit crunch" in the U.K. is hurting its business. The Berwyn, Pa., company said changes in industry guidelines and the regulation of payday loans in the U.K. have caused many short-term consumer loans to come due immediately.
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*$1.5 billion in asset sales so far. HOUSTON, April 1- Chesapeake Energy Corp is on track to stay within its budget for the year, Steve Dixon, the natural gas company's newly appointed interim chief executive officer, said on Monday.
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The court said the Cincinnati- based 6th U.S. Circuit Court of Appeals decision endorsing a group lawsuit, known as class action certification, had to be reconsidered in light of the Supreme Court's 5-4 ruling last week in another consumer case involving Comcast Corp.. The court said 2 million subscribers in the Philadelphia area could not sue Comcast as a group.
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PHILADELPHIA-- A large canvas tent that served as George Washington's home and command center during the Revolutionary War is being duplicated down to the finest stitch and will serve as an educational tool and ambassador for a new museum coming to Philadelphia's historic district.
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WASHINGTON, April 1- U.S. factory activity grew at the slowest rate in three months in March, suggesting the economy lost some momentum at the end of the first quarter as the effects of tighter fiscal policy started kicking in.
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BILOXI, Miss.-- Gulf Coast Produce Distributors Inc. has a contract to provide up to $30 million worth of fresh fruit and vegetables to military customers and the U.S. Department of Agriculture School in Mississippi.
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HARRISBURG, Pa.-- Pennsylvania's breweries and beer distributors are worrying about how state lawmakers may liberalize the Depression-era system of selling beer and wine and whether they will be forced to compete for sales at a disadvantage with bigger, better-prepared rivals. But the Senate is likely to change it.
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CHARLESTON, W.Va.-- West Virginia's Senate Judiciary Committee advanced two pro-gambling bills Wednesday, reducing fees on existing casinos and allowing the creation of a sixth casino in the state. Casino gambling has recently expanded in neighboring Pennsylvania, Ohio and Maryland.
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HARRISBURG, Pa.-- Lawmakers need to reduce taxpayers' share of payments into Pennsylvania's major state pension funds in the next few years even if the rest of Gov. Tom Corbett's pension-overhaul proposals bog down, the governor's top budget adviser said Wednesday.
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The group, Families USA, released a report Wednesday that said the vast majority of those nearly 900,000 are working full or part time.
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That cruel reality confronts the four large emerging stock markets known as the BRICs: Brazil, Russia, India and China.
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PHILADELPHIA-- Shares of Five Below, which operates $5- and-below stores aimed at young people, fell 5 percent in morning trading after the company said its fourth-quarter net income rose but its outlook came in below expectations.
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VALLEY FORGE, Pa.-- Pharmaceutical wholesaler AmerisourceBergen Corp. said Thursday that it reached a deal to sell its money-losing Canadian pharmaceutical distribution business and boosted its profit guidance for the year. The sale price is estimated at between $80 million and $100 million, of which about half will be financed by AmerisourceBergen.
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CALGARY, Alberta, March 27- Canada's National Energy Board on Thursday agreed to cut fixed tolls on TransCanada Corp's mainline, a cross-country natural gas pipeline network, which the regulator says will help keep the system competitive and profitable despite increasing supplies from U.S. shale gas producers.
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CALGARY, Alberta, March 27- Canada's National Energy Board on Thursday agreed to cut fixed tolls on TransCanada Corp's mainline, a cross-country natural gas pipeline network, which the regulator says will help keep the system profitable amid increasing competition from U.S. shale gas supplies.
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*Comcast accused of overcharging cable TV subscribers. March 27- The U.S. Supreme Court on Wednesday ruled in favor of Comcast Corp in a case over how much it charged a group of cable TV subscribers, the latest blow against consumers hoping to pursue class action lawsuits.
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WASHINGTON, March 27- Contracts to buy previously owned U.S. homes fell in February, held back by a shortage of properties, but there is little to suggest that the housing market's recovery is stalling. The National Association of Realtors on Wednesday said its Pending Home Sales Index, based on contracts signed last month, slipped 0.4 percent to 104.8.