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Pennsylvania

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  • FDA: Fungus in tainted steroids and patients match Friday, 19 Oct 2012 | 8:11 AM ET

    NEW YORK-- The fungus found in tainted steroid shots matches the one behind the national meningitis outbreak that has killed 20 people, federal health officials said Thursday.

  • WA apple farmers may see boon from bad weather Friday, 19 Oct 2012 | 3:45 AM ET

    "If we can get this fruit harvested, it's a perfect storm for Washington," said Todd Fryhover, president of the Apple Growers Association. " Washington is likely to have a harvest of 108 million bushels, its second highest number on record, industry representatives said.

  • Lawsuit: Aspen Dental clinics operating illegally Thursday, 18 Oct 2012 | 4:11 PM ET

    ALBANY, N.Y.-- Aspen Dental Management and the private equity firm that controls it illegally operate dental clinics across the country and engage in aggressive, misleading profit-driven practices that cause patients economic harm, claims a federal lawsuit filed Thursday in New York.

  • NJ jobless rate inches down to 9.8 percent Thursday, 18 Oct 2012 | 3:40 PM ET

    TRENTON, N.J.-- New Jersey's unemployment rate ticked down a notch to 9.8 percent in September, even as the state shed 1,200 jobs for the month.

  • News Summary: Philly Fed manufacturing index rises Thursday, 18 Oct 2012 | 3:12 PM ET

    GROWING AGAIN: Manufacturing in the Philadelphia region expanded in October following five months of declines. THE DETAILS: The Federal Reserve Bank of Philadelphia reported Thursday that its index of regional manufacturing activity had a reading of 5.7 in October following a -1.9 reading in September. The gain took the Philadelphia index.

  • PPG Industries 3rd-quarter profit rises 9 percent Thursday, 18 Oct 2012 | 1:44 PM ET

    PITTSBURGH-- PPG Industries said Thursday that its third-quarter net income rose 9 percent as it took advantage of cost reductions and strong sales of coatings. The Pittsburgh company said it made $339 million, or $2.18 per share, compared with $311 million, or $1.96 per share, a year earlier.

  • Lehigh Gas initiates initial public offering Thursday, 18 Oct 2012 | 11:06 AM ET

    Lehigh Gas expects the IPO to raise between $105. million and $122 million based on an assumed offering price of $20 per unit, according to its Securities and Exchange Commission filings. Lehigh Gas provides fuel to gas stations and runs convenience stores.

  • Philadelphia Fed manufacturing index expands Thursday, 18 Oct 2012 | 10:47 AM ET

    WASHINGTON-- Manufacturing in the Philadelphia region expanded in October following five months of declines, a positive sign for a U.S. manufacturing sector which had been weakening for much of the year. The better-than-expected reading from the Philadelphia survey followed a positive report on national manufacturing conditions.

  • Pa. gov gets bill to let firms keep payroll taxes Thursday, 18 Oct 2012 | 10:32 AM ET

    HARRISBURG, Pa.-- A new state tax incentive designed to encourage companies to hire in Pennsylvania passed both chambers of the Legislature on Wednesday and was sent to Gov. "The beauty of this approach is that this is not revenue that is in the state currently," Senate Appropriations Committee Chairman Jake Corman, R- Centre, told colleagues. "

  • Pa., Mich., Catholic hospital chains mull merger Thursday, 18 Oct 2012 | 10:30 AM ET

    Catholic Health East of Newtown Square, and Trinity Health of Novi, Mich., announced Wednesday that they have signed a non-binding letter of intent to consolidate.

  • Pa. university faculty take 1st step toward strike Thursday, 18 Oct 2012 | 10:08 AM ET

    HARRISBURG, Pa.-- The union representing faculty at Pennsylvania's 14 state-owned universities is taking the first step toward a possible strike. Union officials say delegates from each campus will meet Saturday in State College for a strike authorization vote.

  • Pa. Supreme Court hears drilling, zoning debate Thursday, 18 Oct 2012 | 10:06 AM ET

    PITTSBURGH-- The Pennsylvania Supreme Court had an unusual standing-room-only crowd Wednesday, as lawyers debated a new law that regulates the state's booming natural gas industry. The Supreme Court currently has three Republicans and three Democrats, and cannot overturn a lower court decision on a 3-3 tie vote.

  • Pa. health-insurance exchange plan stalls Thursday, 18 Oct 2012 | 10:04 AM ET

    HARRISBURG, Pa.-- A state-run health insurance exchange is unlikely to be ready for a scheduled January 2014 rollout, Pennsylvania's top insurance regulator said Wednesday.

  • Two days after NHL offer, union set to have a say Thursday, 18 Oct 2012 | 10:01 AM ET

    On Tuesday, the NHL made its strongest, and most public, pitch yet to save a full season. "I hope we can get going ASAP," Red Wings defenseman Niklas Kronwall told The Associated Press on Wednesday. " Fehr met with the union to formulate a response, and in a letter to players and agents said the management plan would cost his members more than $1.6 billion over six years.

  • Wesco shares leap on earnings, acquisition news Thursday, 18 Oct 2012 | 8:16 AM ET

    PITTSBURGH-- Shares of Wesco International jumped 10 percent before the markets opened Thursday after the company edged out profit expectations for the third quarter and announced the acquisition of a Canadian electrical supply company. The company also announced a deal to acquire EECOL Electric Corp. of Calgary, Alberta, for about $1.16 billion.

  • Fifth Third 3Q net income falls on charges Thursday, 18 Oct 2012 | 7:52 AM ET

    Fifth Third's net income available to common shareholders fell to $354 million, or 38 cents per share, from $373 million, or 40 cents per share, a year earlier.

  • Dollar rises after mixed US economic data Thursday, 18 Oct 2012 | 12:15 AM ET

    That's a sign layoffs are increasing, but the Labor Department said that there were technical reasons behind rise, such as delayed figures from California. The Federal Reserve Bank of Philadelphia says that manufacturing in the Philadelphia region expanded in October after five months of declines.

  • Analyst lowers rating on PNC Financial Services Wednesday, 17 Oct 2012 | 1:13 PM ET

    NEW YORK-- An analyst downgraded PNC Financial Services' rating on Wednesday, saying the bank's third-quarter net interest margin compressed more than expected and its preferred dividends will likely rise considerably next year.

  • Big cash spent in AZ, PA, MA Senate race reports Wednesday, 17 Oct 2012 | 9:04 AM ET

    WASHINGTON-- Republican candidates for the Senate in conservative-leaning states generally outraised their Democratic opponents in the latest fundraising quarter ending Sept. 30, but Arizona proved an exception as former surgeon general Richard Carmona raised nearly $500,000 more than Republican Jeff Flake.

  • Tourism leaders: 'Do AC' campaign is catching on Wednesday, 17 Oct 2012 | 8:49 AM ET

    The Atlantic City Alliance, the new marketing arm of the casinos, says its multimillion-dollar advertising campaign shows people in New Jersey, New York, Pennsylvania and Baltimore, Md., are improving their perceptions of Atlantic City. That money is now being used to promote Atlantic City more aggressively than ever before.