ZELIENOPLE — Borough council Monday night approved final plans for a new bank building for the southern end of Main Street.

ESB Bank plans to build a 3,500-square-foot building at 527 S. Main St that will include a drive-through and 20 parking spaces.

The bank currently has a branch at nearby Northgate Plaza off Route 19 in Jackson Township. Officials at the meeting did not say whether that location would close when the new branch office is built.

Borough officials said the new building would be similar in design to an ESB Bank building recently built off Route 68 at 831 Evans City Road.

The Ellwood City based bank is the 12th-largest financial institution in the Pittsburgh region as ranked by deposits with about $579 million.

It has 23 branches in Allegheny, Lawrence, Beaver and Butler counties.

SEATTLE — Singer Carly Simon is suing Starbucks and said the coffee company's now-defunct music venture didn't adequately promote her 2008 album.The singer is seeking unspecified damages related to the release of the 14-track "This Kind of Love" in April 2008.A lawsuit filed Friday claims the album wasn't available in "a substantial number" of Starbucks stores during the key early months following its release. Later, when the disc was stocked, the Seattle-based company slashed the price.Starbucks said it met all its obligations to Simon. But it said the work received only tepid response from customers.Simon's biggest success came during the '70s and '80s with hits like "You're So Vain" and "Anticipation."

NEW YORK — Business lender CIT Group said today its chairman and CEO Jeffrey M. Peek plans to resign at the end of the year.Devastated by the downturn in the credit markets, CIT has been trying to avoid bankruptcy for months as it restructures its operations.Peek said in a statement CIT's recently launched restructuring plan makes it "the appropriate time to focus on a transition of leadership."Shares of CIT fell 17 cents, or 16.3 percent, to $0.87 in premarket trading.New York-based CIT, one of the nation's largest lenders to small and midsize businesses, is in the middle of its second debt restructuring in recent months as it looks to reduce costs to remain in business.The current debt exchange could reduce the financial firm's near-term debt burden by $5.7 billion. CIT is trying to swap debt set to mature in the near future for bonds or preferred shares.CIT has already received $2.3 billion in federal bailout money, a $3 billion emergency loan from some of its largest bondholders, and bought back $1 billion in debt as it tries to reorganize and avoid collapse.The board of directors is creating a search committee to find a new CEO.