November 6, 2009
Cranberry approves grocery
CRANBERRY TWP — Township supervisors Thursday evening gave their go-ahead on plans for a new Shop 'n Save grocery store on Freedom Road in the Freedom Square shopping plaza.
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November 6, 2009
Mars council OKs updated zoning rules
MARS — Borough council on Monday approved a zoning ordinance that replaces the document that had been used since stamps were a nickel.
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November 6, 2009
Union to meet with gov.
PHILADELPHIA — A union representing more than 5,000 Philadelphia transit workers is scheduled to meet with Gov. Ed Rendell to discuss contract negotiations. The strike has halted bus, subway and trolley service in the city since Tuesday.
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November 6, 2009
Bad news for job seekers
WASHINGTON — Companies across the economy are finding ways to do more with fewer workers, dimming hopes that hiring will take off anytime soon.
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November 5, 2009
Congress expands tax credit
WASHINGTON — Buying a home is about to get cheaper for a whole new crop of homebuyers — $6,500 cheaper.
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November 5, 2009
Ford to put air bags into back seat belts
DETROIT — Air bags have long been mounted in the steering wheel, dashboard and sides of vehicles. Now, they're in the seat belts.
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November 5, 2009
Emclaire offering bank stock
EMLENTON, Clarion County — Emclaire Financial, parent company of the Farmers National Bank of Emlenton announced it is offering about $20 million of its common stock in a public offering.
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November 4, 2009
4 big money mistakes to avoid
Who hasn't made a financial mistake or two in their life? For some of us it was more than an occasional late fee or random urge to overspend that brought us to our financial knees.
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November 4, 2009
Auto sales show signs of stability
DETROIT — After months of roller-coaster results, the U.S. auto industry showed signs of stability in October.
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November 4, 2009
GM decides to keep European Opel unit
DETROIT — General Motors Co. said Tuesday it will keep its European Opel unit and restructure it instead of selling a 55 percent stake to Canadian auto parts maker Magna International and its partner, Russian lender Sberbank.
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November 3, 2009
Tool giants will merge, cut costs
CHICAGO — Tool makers Stanley Works and Black & Decker are betting that together they can wring out more profit and better position themselves for a housing market recovery than they could apart.
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November 3, 2009
Berkshire Hathaway OKs 50-for-1 split of B-shares
NEW YORK — Warren Buffett's Berkshire Hathaway is sending a plan to split the iconic company's Class B shares to a shareholder vote.
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November 3, 2009
Fed to hold rates, but cracks are emerging
WASHINGTON — Even with the Federal Reserve widely expected to leave interest rates at a record low this week to nurture the fragile recovery, fissures are growing among policymakers about when to start boosting rates to head off inflation.
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November 2, 2009
Cost cuts, clunkers fuel $1B Ford profit
DEARBORN, Mich. — Ford earned $1 billion in the third quarter, fueled by U.S. market share gains, cost cuts and the government's Cash for Clunkers rebates.
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November 2, 2009
CIT Group Chapter 11 filing among largest in U.S. history
WASHINGTON— After struggling for months to avert bankruptcy, lender CIT Group has filed for Chapter 11 protection in an attempt to restructure its debt while trying to keep badly needed loans flowing to thousands of mid-sized and small businesses.
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November 2, 2009
Philadelphia transit talks continue today
PHILADELPHIA — Talks between Philadelphia's transit agency and its largest union are to continue today. Transport Workers Union Local 234 represents more than 5,000 bus drivers, subway and trolley operators and mechanics.
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October 31, 2009
BOLL WEEVIL WHIPPED
Cotton growers claim victory
LUBBOCK, Texas — For more than a century, small green beetles ate through U.S. cotton crops, costing growers $20 billion and making the boll weevil the most expensive agricultural pest in the nation's history.
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October 31, 2009
White House says stimulus created, saved 650,000 jobs
WASHINGTON — About 650,000 jobs have been saved or created under President Obama's economic stimulus plan, the White House said Friday, saying the president's goal of 3.5 million jobs by the end of next year is on track.
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October 31, 2009
Consumer spending takes fall
WASHINGTON — Consumer spending plunged in September by the largest amount in nine months, reflecting the end of the government's Cash for Clunkers auto sales program. Incomes, the fuel for future spending, were flat.
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October 31, 2009
Pay, benefits rise least rate on record
WASHINGTON — Wages and benefits rose by the smallest amount on record in the 12 months ending in September, as high unemployment limits the income growth of workers still receiving paychecks.
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October 31, 2009
Scaled-back hotel set for approval
CRANBERRY TWP — Mallards Landing, a hotel development that was first proposed in 2005, is back on track and expected to be approved in early December by the township.
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October 31, 2009
Obama has a mixed message on the recovery
WASHINGTON — Tugged in different political directions, the White House is seeking credit for good economic news and trying to escape blame for the bad stuff.
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