GO
Loading...

Pennsylvania

More

  • 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.

  • Nike signs uniform deal with IOC Wednesday, 17 Oct 2012 | 7:29 AM ET

    The International Olympic Committee has signed a deal with U.S. sportswear giant Nike to supply uniforms and products to members and staff. IOC members will wear Nike outfits at the 2014 Winter Games in Sochi, Russia, and 2016 Summer Olympics in Rio de Janeiro, as well as various other meetings and events.

  • Knoll says demand fell in 3Q Wednesday, 17 Oct 2012 | 12:09 AM ET

    EAST GREENVILLE, Pa.-- Knoll Inc. said Wednesday that its third-quarter net income fell 34 percent as revenue declined on weak demand. The iconic furniture maker reported Wednesday that it earned $12.2 million, or 26 cents per share, for the quarter that ended Sept. 30. That's compared with $18.4 million, or 39 cents per share, in the same quarter last year.

  • Citi's long run of stumbles, successes, near-death Tuesday, 16 Oct 2012 | 5:41 PM ET

    In between its founding and its near-death, the company now called Citigroup has played a central role in U.S. financial history. On Tuesday, Corbat was named Citi's new CEO after the abrupt departure of Vikram Pandit, who had led the company through the financial crisis and its aftermath.

  • S&P revises Penn State's outlook over lawsuits Tuesday, 16 Oct 2012 | 4:23 PM ET

    HARRISBURG, Pa.-- The ratings agency Standard& Poor's has revised Penn State University's outlook to negative from stable, citing litigation against the school over the Jerry Sandusky child molestation scandal, but affirmed its long-term bond rating.

  • Pa. Supreme Court hears Marcellus Shale case Tuesday, 16 Oct 2012 | 3:44 PM ET

    PITTSBURGH-- Pennsylvania's Supreme Court heard arguments Tuesday in a natural gas case that could create chaos for major energy companies and thousands of leaseholders. The Powers estate claims that the reference to "minerals" in the old deed gives them part ownership of the natural gas locked in the Marcellus Shale under the property.

  • Interest concerns weigh on PNC shares after 3Q Tuesday, 16 Oct 2012 | 3:31 PM ET

    BOSTON-- Investors, concerned about PNC Financial Services Group Inc.' s ability to grow profit amid record-low interest rates and increasing expenses, drove down the bank's shares Tuesday after its third-quarter results.

  • Bill with child labor rule changes sent to Pa. gov Tuesday, 16 Oct 2012 | 3:12 PM ET

    HARRISBURG, Pa.-- A bill to revamp employment rules for children, particularly those working in entertainment, is on its way to the desk of Pennsylvania Gov. The House voted unanimously Tuesday in favor of the measure, which in many ways is patterned after California's law and brings Pennsylvania closer in line with federal rules.

  • Browns sale to Haslam approved; Holmgren to leave Tuesday, 16 Oct 2012 | 2:18 PM ET

    New Cleveland Browns owner Jimmy Haslam III said Tuesday that Holmgren was out as team president, although the Super Bowl-winning coach will remain with the franchise to help in the transition. Haslam was introduced as the Browns' new boss after the 32 NFL owners unanimously approved his $1 billion purchase of the team from Randy Lerner.

  • Penn St. won't renew contract of accused AD Curley Tuesday, 16 Oct 2012 | 1:36 PM ET

    STATE COLLEGE, Pa.-- Penn State will not renew the contract of athletic director Tim Curley, who has been on leave since being charged last year with perjury and failing to report a child sex abuse allegation against Jerry Sandusky.

  • AmeriGas predicts net income above St. view Tuesday, 16 Oct 2012 | 11:37 AM ET

    NEW YORK-- Propane company AmeriGas Partners LP on Tuesday predicted net income for its current fiscal year that is above Wall Street expectations, if this winter has "normal" weather. For another profit measure that excludes interest expense, income taxes, acquisition costs and other one-time items, AmeriGas now expects $630 to $660 million.

  • Turkey Hill announces voluntary ice cream recall Tuesday, 16 Oct 2012 | 10:54 AM ET

    LANCASTER, Pa.-- Turkey Hill Dairy of Lancaster County, Pa. has announced a voluntary recall of about 1,200 cartons of Mint Chocolate Chip All Natural Ice Cream because it contains coconut that's not listed on the label.

  • PNC net income rises in 3Q as revenue jumps Tuesday, 16 Oct 2012 | 8:31 AM ET

    PITTSBURGH-- The PNC Financial Services Group Inc.' s net income rose solidly in the third quarter, boosted by a one-time gain from a sale of Visa shares and higher fees from corporate clients. The bank's income from interest on loans increased, bucking an industry-wide trend, because PNC acquired RBC Bank since last year's third quarter.

  • Squirrel population boom frustrates fruit growers Tuesday, 16 Oct 2012 | 2:39 AM ET

    MONTPELIER, Vt.-- Don't let the bright eyes and bushy tails fool you. In southern Vermont, Clarence Boston said he hasn't seen such an infestation of pests in the 33 years he has been an orchardist on 60 farms in five states. This year's squirrel boom in parts of Vermont followed two seasons of bountiful acorn and beechnut crops and last year's mild winter.

  • September table games revenue up 15 percent in Pa. Monday, 15 Oct 2012 | 3:43 PM ET

    PHILADELPHIA-- Pennsylvania gambling regulators say gross revenue from table games was up 15.4 percent last month compared to the same period a year ago. The Pennsylvania Gaming Control Board reported Monday that the state's 11 casinos generated $59.3 million in gross revenue from table games last month.

  • Obama embraces economic record in new commercial Monday, 15 Oct 2012 | 3:28 PM ET

    WILLIAMSBURG, Va.-- With the economy showing some signs of improvement three weeks before Election Day, President Barack Obama on Monday laid down a full embrace of the economic record many Republicans say is his biggest weakness.

  • Big winners from Pa. gas drilling impact fee Monday, 15 Oct 2012 | 1:58 PM ET

    Pennsylvania state officials said Monday about $200 million worth of impact fees from the Marcellus Shale natural gas drilling industry are about to be sent out, with the largest portion being directed to counties where the drilling occurred. _ Clearfield County, $1.15 million. _ Fayette County, $1.45 million.