Wednesday, May 14, 2008
Deal for EDS raises questions for workers
Ed Messner, the president and CEO of the West Shore Chamber of Commerce, recalls meeting Electronic Data Systems Corp. founder H. Ross Perot during a visit here when Perot owned the company.
Source: The (Harrisburg) Patriot-News
Weaker dollar boosts exports
The number of Central Pennsylvania companies that want to do business in foreign markets is surging.
Source: Central Penn Business Journal
Gas costs driving some back to bikes
AAA reported the average price for regular gas hit a record $3.70 per gallon Tuesday, but you won't catch Tom Podlesny fuming about it.
Source: (Lancaster) Intelligencer Journal
F&M plans new residence hall
Lancaster Higher Education Authority is set to issue $30 million in bonds to Franklin & Marshall College so the college can build a new residence hall on campus.
Source: (Lancaster) Intelligencer Journal
Hershey ties marketing to Batman movie
"Batman: The Dark Knight" might not hit the screens until mid-July, but The Hershey Co. hopes to start cashing in on the movie spectacle next month.
Source: The (Harrisburg) Patriot-News
Group pushes 'clean' technology
Some 150 local business leaders gathered at the David L. Lawrence Convention Center yesterday to mark the launch of a new network for "clean technology" companies in Western Pennsylvania.
Source: Pittsburgh Post-Gazette
No relief in sight, CMU economist says
Americans looking for the economy to rebound might have to wait until next year because rising costs of oil, food and other commodities show no sign of easing, Carnegie Mellon University political economist Allan H. Meltzer said.
Source: Pittsburgh Tribune-Review
Tribune nixes state agency's Wrigley Field deal
Tribune Co. and its CEO Sam Zell have rejected an Illinois state agency's plan to buy Wrigley Field and are pushing ahead to sell the ballpark together with the Chicago Cubs, a top company official said Tuesday.
Source: The (Allentown) Morning Call
Old gas pumps can't handle ever-rising prices
Mom-and-pop service stations are running into a problem as gasoline marches toward $4 a gallon: Thousands of old-fashioned pumps can't register more than $3.99 on their spinning mechanical dials.
Source: York Daily Record
Tuesday, May 13, 2008
Veto threat scuttles smoking-ban effort, for now
A veto threat, backed a number of Democratic senators, scuttled the latest attempt Monday to pass a compromise ban on smoking in public places. By Monday night, it appeared unlikely that any bill would be considered by the full House and Senate before June.
Source: The (Harrisburg) Patriot-News
Grease dilemma at Cross Keys McDonald's
Hamilton Township officials are giving the owners of the McDonald's in Cross Keys less than a month to submit a plan to reduce their oil and grease discharges into the public sewer system or the restaurant will be shut down.
Source: York Daily Record
Lawmakers eye boost in pensions
Lawmakers are eyeing a plan to hike pension benefits for state and school retirees, sparking intense debate about how to help older retirees and how much taxpayers might need to kick into the state's two pension systems to cover the cost.
Source: Lebanon Daily News
Postal rates going up, bulk-mail discounts set to change
The U.S. Postal Service within the next year will roll out a slew of price and regulatory changes that will make it tougher for mail-processing businesses and nonprofits to operate, industry representatives said.
Source: Central Penn Business Journal
Hundreds arrested in U.S. sweep of meat plant
In the biggest workplace immigration raid this year, federal agents swept into a kosher meat plant on Monday in Postville, Iowa, and arrested more than 300 workers.
Source: The New York Times
Wind power expected to grow dramatically
Two decades from now Americans could get as much electricity from windmills as from nuclear power plants, according to a government report that lays out a possible plan for wind energy growth.
Source: Pittsburgh Post-Gazette
Nissan plans electric car in U.S. by '10
The Nissan Motor Company plans to sell an electric car in the United States and Japan by 2010, raising the stakes in the race to develop environmentally friendly vehicles.
Source: The New York Times
Monday, May 12, 2008
Pa. House approves bingo bill
The House has approved a revamp of the state's bingo law -- a plan that supporters say is needed to help nonprofits compete with the state's glitzy new casinos.
Source: York Daily Record
Meeting set on pipeline project
Shrewsbury Township will host a public meeting with representatives of Williams, the company that is proposing to install a natural gas pipeline across southern York County.
Source: York Daily Record
KIZs have helped 187 companies get started
The state's Keystone Innovation Zone program is helping to build technology-based industries, according to testimony presented to the House Education Committee this month.
Source: Pittsburgh Tribune-Review
MBIA's loss in quarter more than expected
MBIA Inc., the bond insurer, said on Monday that unrealized losses on insured derivatives skyrocketed in the first quarter, pushing the company into a sharp quarterly loss.
Source: The New York Times
Friday, May 09, 2008
Armstrong planning European overhaul
Armstrong World Industries intends to make sweeping changes to its underachieving European resilient flooring business.
Source: Lancaster New Era
Agents focus on serving the gay community
Some real estate agents in Central Pennsylvania have developed a niche market within the gay community, with the hope of tapping into a profitable market.
Source: Central Penn Business Journal
PennDOT unveils logo featuring keystone
Seven years ago, the Pennsylvania Department of Transportation spent $110,000 to come up with an artsy logo that dumped the traditional keystone and spelled out PennDOT at the bottom.
Source: The (Harrisburg) Patriot-News
Homeowner-rescue bill passed despite veto threat
Hoping to throw a rescue line to at least half a million families in danger of losing their homes, the House on Thursday approved legislation that seeks to broadly expand the availability of mortgages insured by the federal government.
Source: The New York Times
A backlash builds against ethanol
The global rise in food prices is giving political ammunition to opponents of the country's ethanol policy and creating some uncertainty for the burgeoning and heavily subsidized biofuels industry.
Source: The (Allentown) Morning Call
Thursday, May 08, 2008
Harrisburg Parking Authority OKs $215M lease
Despite an emotional outpouring from employees concerned about their jobs, the Harrisburg Parking Authority voted 3-2 tonight to ratify a proposed $215 million lease of about 8,500 parking spaces downtown.
Source: The (Harrisburg) Patriot-News
Mortgage-broker suit refilled
An appeal filed Tuesday calls for the reinstatement of a class-action lawsuit seeking relief for more than 800 victims of Wesley A. Snyder's mortgage Ponzi scheme.
Source: (Lancaster) Intelligencer Journal
Casinos, bars might escape smoking ban
Casinos, private clubs and smaller bars and taverns appear to be winning their fights for exceptions from a bill to ban smoking from most indoor facilities in Pennsylvania.
Source: The (Harrisburg) Patriot-News
Midstate's 1st children's hospital to be at Hershey
Construction on the midstate's only children's hospital is expected to begin at Penn State Milton S. Hershey Medical Center in January, giving parents a local option instead of having to travel to Philadelphia or Baltimore.
Source: The (Harrisburg) Patriot-News
Comcast signs 'Internet-on-the-go' deal
On a bus ride in January through Portland, Ore., Brian L. Roberts, chairman and chief executive officer of Comcast Corp., began to see the future of Internet-on-the-go.
Source: The Philadelphia Inquirer
U.S. detains executive, deepening UBS inquiry
A top-ranking UBS executive was briefly detained by federal authorities in the United States in connection with a widening investigation into the Swiss bank's work with questionable tax transactions, the bank said Wednesday.
Source: The New York Times
MTV plans to increase its blending of ads and shows
Every year at this time, networks pitch advertisers on their programs for the coming year in previews called the upfronts. On Thursday, MTV Networks will sell not only the appeal of its programs but of its commercials as well.
Source: The New York Times
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