Money-transfer company Western Union is being probed by the FTC and a U.S. district court over fraud-induced money transfers, the company said in a regulatory filing.» Read More
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.
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.
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.
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.
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.
Concerned that Libertarian presidential candidate Gary Johnson could hurt the Romney campaign, Republicans across the country have been working to keep him off the ballot, The New York Times reports.
NEW YORK-- Shares of Consol Energy Inc. lost ground Monday after the coal and gas producer said it will post a third-quarter loss, due mostly to the idling of some mines. The company didn't give a specific outlook, but said that the idling of some mines are took its toll on results for the quarter that ended last month.
HARRISBURG, Pa.-- Pennsylvania state agencies and local governments in places where drilling for natural gas is occurring learned Monday how much money they will get out from a fund that has already collected more than $200 million in "impact fees" from drillers.
*Workday shares reach session high $51.32. Oct 12- Shares of Workday Inc. The cloud computing company whose services compete with rivals such as Oracle Corp.
stock listing back in May, the Pleasanton, California- based company opened New York Stock Exchange trading at $48.05. Earlier in the week, Workday raised its price range to $24 to $26 per share from $21 to $24 per share. The IPO values the company, founded by ex-PeopleSoft executives David Duffield and Aneel Bhusri, at almost $4.5 billion.
Texas- based oilfield services company Baker Hughes Inc. reported Friday that 1,411 rigs were exploring for oil and 422 were searching for gas. Of the major oil- and gas-producing states, Texas gained four rigs while Alaska, New Mexico and Oklahoma gained one apiece. Arkansas, Colorado, North Dakota and Wyoming lost one rig apiece.
Oct 12- Fitch Ratings has affirmed the long-term Issuer Default Rating of UGI Utilities, Inc. at' A-' and senior unsecured debt at' A'. UGIU's UGI Gas division will not benefit from Pennsylvania's recently enacted HB 1294 which establishes a Distribution System Investment Charge that permits timely recovery of infrastructure investments.
Oct 12- Nationwide Mutual Insurance Co said it will pay $26 million to settle a class action and derivative lawsuit related to its $760 million acquisition of Harleysville Mutual. The litigation brought on behalf of former Harleysville Mutual policyholders claimed that Harleysville's directors enriched themselves as part of the merger.
Rating Action On Sept. 21, 2012, Standard& Poor's Ratings Services affirmed its' Api' counterparty credit and financial strength ratings on Erie Family Life Insurance Co.. Erie is a Pennsylvania life insurance company formed in 1967 and licensed to do business in 10 states and the District of Columbia. Erie Family Life Insurance Co..
NEW YORK-- Fried chicken, that mainstay of comfort food, is getting the star treatment. Whoopi Goldberg was one of the event's co-hosts. He told The Associated Press on Thursday that he was planning to open a restaurant that would be serving fried chicken and other comfort food in New York City at the end of January 2013.
RADNOR, Pa.-- Oil and gas company Penn Virginia Corp. expects about $38 million in net proceeds from a public offering of $40 million of its common stock. Penn Virginia said that it also expects to net approximately $96 million from its preferred equity offering, after removing underwriting commissions and expenses.
BOSTON-- Three companies seeking to develop a resort casino in Springfield submitted applications Thursday to the western Massachusetts city, and a fourth that had previously expressed interest declined to enter the competition.
Outside groups have spent about $60 million trying to help GOP candidates since June 1 and about $49 million trying to help out Democratic candidates, according the Sunlight Foundation.
NEW YORK, Oct 12- U.S. stock index futures advanced on Friday, indicating the S&P 500 may crimp its worst weekly decline since early June, following a robust earnings report from JP Morgan and ahead of data on consumer confidence and inflation. But Wells Fargo& Co lost 1.8 percent to $34.55 in premarket trading after reporting its third-quarter results.
Vice President Joe Biden and his Republican rival, Paul Ryan, faced off on Thursday in their only debate before the Nov. 6 presidential election. Here is some fact-checking of claims made by the candidates. RYAN: ECONOMIC GROWTH IS SLOWER NOW.