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Pennsylvania

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  • As Christie eyes White House, New Jersey wants jobs Tuesday, 30 Jun 2015 | 11:32 AM ET

    NEW YORK, June 30- New Jersey Governor Chris Christie's second-in-command gave her pitch to a small crowd at a Philadelphia biotechnology convention in June with her signature move: giving out her cell phone number. "Now, no one from New Jersey! I want the guys that aren't already here in New Jersey. "

  • June 30- Pep Boys- Manny, Moe& Jack, an auto parts retailer, said it was considering putting itself up for sale, as it embarks on a strategic review barely two weeks after it named a new chief executive. Private equity firm Golden Gate Capital and other suitors had expressed interest in buying Pep Boys, the Wall Street Journal reported in May, citing people familiar with...

  • Pep Boys may be on the lot Tuesday, 30 Jun 2015 | 9:21 AM ET

    PHILADELPHIA— The auto parts seller Pep Boys may be putting itself up for sale. Pep Boys- Manny, Moe& Jack said that its board is reviewing strategic options to boost shareholder value. The Philadelphia company, has more than 800 locations in 35 states and Puerto Rico.

  • NEW YORK— Investment firm Blackstone is selling the security services company AlliedBarton to French investment firm Wendel SE for about $1.67 billion. AlliedBarton, based in Philadelphia, has more than 3,300 customers and more than 60,000 workers. The Blackstone Group LP is based in New York.

  • PITTSBURGH— An American Airlines operations manager who was among the few people to learn of the first 9/ 11 hijacking before the jet struck the World Trade Center has been arrested near Pittsburgh in an online child-sex sting. He was arrested Friday in Moon Township, about 13 miles northwest of downtown Pittsburgh, and charged with criminal attempt to commit...

  • HARRISBURG, Pa.— A new public school funding formula being considered by the Legislature would create winners and losers as it seeks a way to link the distribution of state aid more closely to need. Shrinking school districts that were previously spared aid cutbacks— many in western Pennsylvania— would see their share of aid come in lower under the proposed new...

  • Pennsylvania might not have a budget in place when the new fiscal year begins. Here's a look at what to expect:. Tom Wolf and the Republican-controlled Legislature can't agree on a state budget by Wednesday, the first day of the 2015-16 fiscal year?

  • YORK, Pa.— Bon-Ton, like a number of other retailers, is turning some of its real estate in to cash. Sears Holdings Corp. Sears is planning to sell more than 250 properties to a REIT it created. The Bon-Ton Stores Inc., with headquarters in Milwaukee and York, Pennsylvania, runs 270 stores in 26 states.

  • LAUSANNE, Switzerland— Discovery Communications secures European Olympic TV rights from 2018 to' 24 for $1.45 billion.

  • June 29- Egalet Corp said data showed its experimental painkiller was less likely to be abused than a form of morphine already being sold. A study showed recreational opioid users did not like and were less prone to snort the company's painkiller, Egalet -001, than MS Contin. Egalet's study results come a week before a panel of experts advising the U.S. Food and...

  • But he said Colstrip for now remains a solid performer that delivers a profit for the Pennsylvania- based company that assumed operations of Colstrip earlier this month, prompting speculation about its intentions for the 360- worker plant. But we still have Colstrip as part of our plan going forward. " The fate of Colstrip carries symbolic weight because of its...

  • TRENTON, N.J.— A Pennsylvania woman has admitted embezzling more than $150,000 while working at a central New Jersey company. Authorities say 51- year-old Coleen Gibbas, of Conshohocken, pleaded guilty to theft by unlawful taking. State investigators found that between November 2008 and March 2015, Gibbas issued more than 100 unauthorized checks totaling...

  • The Senate moved closer to a final vote on a GOP- drafted state budget plan that would add modestly to education funding without raising any new taxes, while House Democrats defeated funding for universities because they deemed the amounts inadequate. The main budget bill, which passed the House without a single Democratic vote on Saturday, could see a final...

  • SACRAMENTO, Calif.— Travelers easily whiz from city to city on high-speed trains in many parts of South America, Asia and Europe. Since the first high-speed lines began operating more than 50 years ago in Japan, they have become an essential part of transportation worldwide. "The challenge in America is the scale of America," said Robert Eckels, chief executive of the...

  • GOP budget bill facing Wolf's veto heads to Senate Saturday, 27 Jun 2015 | 3:05 AM ET

    HARRISBURG, Pa.— The Pennsylvania House of Representatives approved an approximately $30 billion Republican-crafted budget bill on Saturday as the Wolf administration and top GOP lawmakers positioned themselves for a government shutdown and the first veto of an entire budget in at least four decades. With talks between the Wolf administration and...

  • NEW YORK, June 26- World stock markets slipped and the euro fell on Friday, with investors cautious ahead of a meeting in Europe that could decide whether Greece will default on loans. Greece rejected a five-month extension of bailouts on Friday, a day before euro zone finance ministers will meet to decide the country's fate. The country needs new funding to avoid...

  • NEW YORK, June 26- The S&P 500 closed flat on Friday but ended lower for the week, with investors cautious ahead of a meeting in Europe that could decide whether Greece will default on critical loans. The Dow closed higher, boosted by strong results from component Nike Inc, while the Nasdaq ended solidly lower on disappointing results from Micron Technology Inc,...

  • HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. increased by two this week to 859, the first weekly gain since December. Houston- based Baker Hughes said Friday 628 rigs were seeking oil and 228 explored for natural gas. Alaska, Arkansas, California, Colorado, Kansas, Oklahoma, Pennsylvania,...

  • HARRISBURG, Pa.— A bill to allow private licensees to take over the state-controlled sale of wine and liquor in Pennsylvania is under construction by House and Senate Republicans, with votes possible in the coming days, an architect of the plan said Friday. Charles McIlhinney, R- Bucks, said the plan would allow approximately 14,000 holders of licenses to sell beer—...

  • June 26- A headless body daubed with Arabic writing was found on Friday at a factory in southeast France owned by Air Products and Chemicals Inc, a U.S.-based industrial gas and chemicals company. *Founded in 1940, the Allentown, Pennsylvania- based company reported $991.7 million in net income on $10.4 billion in sales in its most recent fiscal year.