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Top News & Analysis Pennsylvania

  • NEW YORK— Kraft Heinz has withdrawn its $143 billion offer to buy Unilever, backing away after the mayonnaise, tea and seasonings maker rejected the bid as too low. The fact that it bid for all of Unilever and not just its food business indicates that Kraft Heinz is potentially open to acquiring other packaged consumer goods, one analyst said.

  • While the fact that the FBI is investigating had been reported previously by the New York Times and other media, these officials shed new light on both the precise number of inquires and their focus. The FBI's Pittsburgh field office, which runs many cyber security investigations, is trying to identify the people behind breaches of the Democratic National...

  • STOCKHOLM- Swedish Central Bank Deputy Governor Cecilia Skingsley will talk on electronic payment forms of the future at a lunch meeting arranged by the Royal Swedish Academy of Engineering Sciences- 1100 GMT. BOISE, United States- Federal Reserve Bank of San Francisco President John Williams speaks on "Getting to Know the Fed" before Boise State University...

  • STOCKHOLM- Swedish Central Bank Deputy Governor Cecilia Skingsley will talk on electronic payment forms of the future at a lunch meeting arranged by the Royal Swedish Academy of Engineering Sciences- 1100 GMT. BOISE, United States- Federal Reserve Bank of San Francisco President John Williams speaks on "Getting to Know the Fed" before Boise State University...

  • Houston oilfield services company Baker Hughes Inc. said Friday that 597 rigs sought oil and 153 explored for natural gas this week. Louisiana lost three rigs, New Mexico declined by two and Alaska, North Dakota and Oklahoma each lost one. Arkansas, California, Colorado, Kansas, Ohio, Pennsylvania, West Virginia and Wyoming were all unchanged.

  • NEW YORK— U.S. food giant Kraft Heinz Co. said that its bid to acquire Europe's Unilever had been rejected, but that it would still try to hammer out a deal. Brands: More than 200, including Oscar Mayer, Jell-O, Velveeta, Ore-Ida, Classico, Capri Sun, Grey Poupon, Planters, Maxwell House, Kool-Aid and Philadelphia. Brands: More than 400, including Dove, Hellman's, Lipton,...

  • Pennsylvania environmental regulators have found a likely correlation between a natural gas company's fracking operation and a series of tiny earthquakes in western Pennsylvania last year. Fracking, a method to extract gas or oil from underground shale rock, has been tied to earthquakes in neighboring Ohio and other states, but never before in...

  • *U.S. bonds rally with German, U.K. debt. NEW YORK, Feb 17- U.S. The market is benefiting from lower yields overseas and sort of a reassessment of the risk on trade that weve seen in equities, said Gary Pollack, head of fixed-income trading at Deutsche Bank Private Wealth Management in New York.

  • MARIETTA, Pa. _ Donegal Group Inc. on Friday reported fourth-quarter earnings of $5.6 million. On a per-share basis, the Marietta, Pennsylvania- based company said it had net income of 21 cents. For the year, the company reported profit of $30.8 million, or $1.16 per share.

  • YORK, Pa. _ Dentsply International Inc. on Friday reported fourth-quarter earnings of $107 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 65 cents per share. Seven analysts surveyed by Zacks expected $1.02 billion.

  • NASHVILLE, Tenn.— A Tennessee inmate has filed a lawsuit claiming the food he has to eat in prison doesn't meet kosher standards. The Tennessean reports Perry A. March sued the Tennessee Department of Correction and Philadelphia- based food vendor Aramark earlier this month in Nashville federal court. The state prison system and Aramark defend the food service.

  • LONDON, Feb 17- The dollar was stuck near a one-week low against a basket of currencies on Friday after upbeat economic data failed to lift Treasury yields, with concerns about policy under president Donald Trump quelling hopes of a new rally in the currency. It traded less than 0.2 percent higher on the day in morning trade in Europe at 100.64, having hit an...

  • TOKYO, Feb 17- The dollar wallowed near a one-week low against a basket of currencies on Friday after upbeat economic data failed to lift Treasury yields, with underlying concerns about U.S. trade policy capping greenback attempts to bounce. Federal Reserve Chair Janet Yellen spoke in support of a near-term rate hike and the markets also saw robust U.S....

  • WASHINGTON, Feb 16- Outlets of Santander Bank, already under fire for lending practices, denied mortgages to women, minorities and low-income borrowers in the U.S. The Committee for Better Banks, a coalition of bank workers, consumer advocacy groups and unions, dug into government data on home loans in the U.S. Santander's Ann Davis said the main data source,...

  • WASHINGTON, Feb 16- Outlets of Santander Bank, already under fire for lending practices, denied mortgages to women, minorities and low-income borrowers in the U.S. The Committee for Better Banks, a coalition of bank workers, consumer advocacy groups and unions, dug into government data on home loans in the U.S. Santander's Ann Davis said the main data source,...

  • TOKYO, Feb 17- The dollar was stuck near a one-week low against a basket of currencies early on Friday, after upbeat U.S. economic data failed to lift Treasury yields. Federal Reserve Chair Janet Yellen spoke in support of a near-term rate hike and the markets also saw robust U.S. inflation and retails sales data. Indicators released on Thursday shed more positive...

  • SARASOTA, United States- Federal Reserve Bank of Chicago Executive Vice President and Director of Research Daniel Sullivan will speak on the economic outlook before a Central Banking Series event hosted by the Global Interdependence Center in Sarasota. GOLDEN VALLEY, United States- Federal Reserve Bank of Minneapolis President Neel Kashkari...

  • SARASOTA, United States- Federal Reserve Bank of Chicago Executive Vice President and Director of Research Daniel Sullivan will speak on the economic outlook before a Central Banking Series event hosted by the Global Interdependence Center in Sarasota. GOLDEN VALLEY, United States- Federal Reserve Bank of Minneapolis President Neel Kashkari...

  • District Judge William Martini in Newark, New Jersey, on Tuesday to four years in prison after pleading guilty to charges stemming from his role in a scheme that prosecutors said generated $1.3 million. Tomasz Chmielarz, 34, and Devin McArthur, 28, were each sentenced on Thursday to two years of probation and ordered to pay restitution of $64,529, $7,070,...

  • MALVERN, Pa. _ CubeSmart on Thursday reported a key measure of profitability in its fourth quarter. The average estimate of nine analysts surveyed by Zacks Investment Research was for funds from operations of 37 cents per share. Six analysts surveyed by Zacks expected $131.8 million.