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Pennsylvania

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  • Curt Schilling might have to sell bloody sock Thursday, 4 Oct 2012 | 10:25 AM ET

    PROVIDENCE, R.I.-- Former Boston Red Sox pitcher Curt Schilling might have to sell or give up the famed blood-stained sock he wore on the team's way to the 2004 World Series championship to cover millions of dollars in loans he guaranteed to his failed video game company.

  • Bill would let some firms keep Pa. payroll taxes Thursday, 4 Oct 2012 | 10:02 AM ET

    HARRISBURG, Pa.-- Certain employers that hire new workers in Pennsylvania would get to keep 95 percent of the state income tax withheld from the workers' paychecks under a bill moving quickly through the state House of Representatives. The bill sponsored by Republican Rep. Kerry Benninghoff was awaiting final action in the chamber Wednesday.

  • Key Rite Aid revenue metric slides in September Thursday, 4 Oct 2012 | 9:52 AM ET

    CAMP HILL, Pa.-- Rite Aid Corp.' s revenue from established locations slid less than 1 percent last month, as the introduction of cheaper generic drugs helped knock down pharmacy sales for the nation's third largest drugstore chain.

  • Bon-Ton September revenue figure rises Thursday, 4 Oct 2012 | 9:14 AM ET

    YORK, Pa.-- Department store operator Bon-Ton Stores said Thursday that a key revenue figure rose 0.6 percent in September as it tightly managed its inventory and marketing efforts. Total revenue for the five weeks ended Sept. 29 rose 0.7 percent to $288.9 million.

  • A phone home: NY teens pay valets to store devices Thursday, 4 Oct 2012 | 8:04 AM ET

    NEW YORK-- Thousands of teenagers who can't take their cellphones to school have another option, courtesy of a burgeoning industry of sorts in always-enterprising New York City: paying a dollar a day to leave it in a truck that's parked nearby.

  • *Oil India to get 20 pct, Indian Oil Corp 10 pct in Niobrara shale acreage. and Indian Oil Corp have jointly bought a 30 percent stake in Houston- based Carrizo Oil& Gas's Niobrara shale asset in Colorado for $82.5 million, the companies said in a statement.

  • Hershey vows to use only certified cocoa by 2020 Wednesday, 3 Oct 2012 | 7:10 PM ET

    PHILADELPHIA-- Candy maker Hershey is vowing to use only certified cocoa for all of its chocolate products by 2020 and accelerate programs to help eliminate child labor in the cocoa-producing regions of West Africa.

  • US Quakers sell shares over Israel policy concerns Wednesday, 3 Oct 2012 | 4:40 PM ET

    Friends Fiduciary Corp., a Philadelphia nonprofit, sold its shares in Caterpillar Inc., Hewlett-Packard Co. and Veolia Environment after a review was requested by the Ann Arbor Friends Meeting.

  • Penn State won't work on Marcellus gas report Wednesday, 3 Oct 2012 | 4:32 PM ET

    PITTSBURGH-- Penn State University professors won't be part of an industry-funded study this year on the economic impact of natural gas drilling in the Marcellus Shale, an undertaking the school was criticized for in the past.

  • NEW YORK, Oct 3- U.S. "I think we're in a wait and see mode, we are awaiting minutes and then all eyes will be focused on the payroll data," said Sean Simko, senior portfolio manager at SEI Investments in Oaks, Pennsylvania.

  • Unemployment rates for Northeastern US cities Wednesday, 3 Oct 2012 | 3:13 PM ET
  • Oct 3- Health insurer Highmark Inc wants a state court to block any possible deal talks with rivals involving Pennsylvania's West Penn Allegheny Health System, which last week ended a planned $475 million alliance with Highmark.

  • Oil drops 4 pct on signs of slower growth in China Wednesday, 3 Oct 2012 | 3:08 PM ET

    Oil fell the most in five months on Wednesday as China's slowing economy raised questions about the strength of global oil demand. Benchmark oil fell $3.75, or 4.1 percent, to $88.14 per barrel Wednesday in New York.

  • TEXT-S&P raises Cannery Casino Resorts rating to 'B' Wednesday, 3 Oct 2012 | 3:02 PM ET

    --U.S. gaming operator Cannery Casino Resorts closed on $590 million in new senior secured credit facilities to refinance its existing debt.

  • Indiana panel approves lottery outsourcing deal Wednesday, 3 Oct 2012 | 10:42 AM ET

    The commission voted 3-0, with two members absent, to approve a 15- year contract with Rhode Island- based GTECH that is expected to make $1.7 billion in profit over five years _ a $500 million increase over state projections. GTECH already provides and maintains vending machines for the Hoosier Lottery.

  • Federal parks officials OK NJ-Pa. power line Wednesday, 3 Oct 2012 | 9:36 AM ET

    NEWARK, N.J.-- Final approval has been given for a new high-voltage power line that will run through the parkland spanning Pennsylvania and New Jersey on either side of the Delaware River, federal officials announced Tuesday.

  • EPA signs eastern Idaho Superfund cleanup plan Wednesday, 3 Oct 2012 | 9:31 AM ET

    BOISE, Idaho-- Federal regulators signed documents on Tuesday outlining an interim cleanup plan for a polluted southeastern Idaho Superfund site they say will cost $57 million and take up to five years to complete.

  • Oct 3- Thompson Creek Metals Company Inc:. *Says expects to save about $100 million in operating costs and $8- $9. *Its langeloth roasting facility in Pennsylvania to continue to treat material.

  • Online schools face backlash as states question results Wednesday, 3 Oct 2012 | 7:54 AM ET

    In Maine, New Jersey and North Carolina, officials have refused to allow new cyber-schools to open this year, citing concerns about poor academic performance, high rates of student turnover and funding models that appear to put private-sector profits ahead of student achievement.

  • Both Stanley and Crawford joined the firm as senior vice presidents of wealth management, leading the Palmetto Advisory Group, which also includes advisers Linda Fraser, Geoffery Forsyth and Carolee McKeown and private client assistant Henry Batts.