State & Region Business News
Ex-Eagle, Giant admits failing to file tax returns
Federal prosecutors in New Jersey say a former New York Giants and Philadelphia Eagles player has admitted he intentionally failed to file federal income tax returns for several years. Woodland Park resident William James faces up to a year in prison and a $100,000 fine after pleading guilty Wednesday to ...
1000s demonstrate against cuts to education in Pa.
Thousands of demonstrators statewide took to the streets Wednesday to protest education cuts they say have decimated school districts across Pennsylvania, and they called for lawmakers to reject further reductions Gov. Tom Corbett proposes for next year. A total of 25 people were arrested during massive demonstrations in Philadelphia and ...
States looking to new tolls to pay for highways
Driving onto an Interstate highway? Crossing a bridge on the way into work? Taking a tunnel under a river or bay? Get ready to pay. With Congress unwilling to contemplate an increase in the federal gas tax, motorists are likely to be paying ever more tolls as the government searches ...
US sales of new homes rose 3.3 percent in April
Americans bought more new homes last month, the latest evidence that the U.S. housing market could be starting to recover. New-home sales increased 3.3 percent in April from March to a seasonally adjusted annual rate of 343,000, the Commerce Department said Wednesday. Sales rose sharply in every region of the ...
Lawyers in funeral home suit seek $1.4M from Pa.
Pennsylvania's failure to update rules that govern funeral homes and undertakers could wind up burying taxpayers. A Harrisburg-based law firm is seeking nearly $1.4 million in attorneys' fees after successfully suing the state board that regulates the funeral industry. Post & Schell said its attorneys spent nearly 6,000 hours on ...
Highway, bridge tolls higher for out-of-towners
Some tolling authorities have found a way to give local motorists a discount on tolls while charging out-of-towners a higher rate for using the same roads and bridges. The E-ZPass electronic toll reading system used by 24 tolling agencies in 14 states in the Northeast and Midwest is able to ...
American Eagle Outfitters 1Q profit jumps 40 pct
American Eagle Outfitters Inc. said Wednesday that its first-quarter profit jumped 40 percent, boosted by a steep increase in sales and efficiency improvements. For the quarter ended April 28, American Eagle reported net income of $39.7 million, or 20 cents per share, up from $28.3 million, or 14 cents per ...
Pa. AG: 4 scammed more than 200 seniors
State prosecutors say four southeastern Pennsylvania men scammed more than 200 elderly victims by setting up bogus corporations and selling largely non-existent services. Attorney General Linda Kelly says the men cold-called elderly victims in 41 counties from Philadelphia to Erie, pitching low-cost home-health care and equipment. But instead of delivering ...
2nd township rejects settling arena lawsuit
A second township has rejected the city of Allentown's latest offer to settle a lawsuit over construction of a downtown hockey arena. Hanover Township officials joined their counterparts in Bethlehem township on Tuesday night in saying that a 2009 state law that uses some municipal taxes to fund the arena ...
Paterno earned $13.4 million pension at Penn State
Joe Paterno earned a state pension of $13.4 million for his 61-year coaching career at Penn State. Paterno's family said Tuesday through a spokesman that Paterno's widow, Sue, would receive an initial payment of $10.1 million by the end of May, with the rest to be paid out over the ...
Pa. eyes control in struggling school districts
A Republican-penned bill that would pave the way for state takeovers of Pennsylvania school districts veering toward financial collapse has the support of Gov. Tom Corbett and began advancing in the Legislature on Tuesday over the objections of Democrats. The Senate Education Committee voted along partisan lines to send it ...
Fired CalU president says state violated contract
The former president of California University of Pennsylvania says state officials improperly fired him. Angelo Armenti Jr. was forced out last week by the State System of Higher Education Board of Governors, which oversees state universities. Armenti says he was given five minutes' notice and that state officials offered to ...
Ad aimed at women takes on Obama's economic record
TITLE: Basketball LENGTH: 60 seconds (A 30-second version also is airing.) AIRING: Network affiliates in Colorado, Florida, Iowa, Michigan, North Carolina, New Hampshire, Nevada, Ohio, Pennsylvania and Virginia, considered swing states. KEY IMAGES: This ad from Crossroads GPS, a group with ties to Republican political strategist Karl Rove, uses actors ...
House OKs sales-tax exemption for airplanes
A bill to exempt the purchase and maintenance of airplanes from Pennsylvania's 6 percent sales tax won a strong vote of confidence in the state House of Representatives. The House gave its final approval to the measure Tuesday by a vote of 179 to 19. It now goes to the ...
Giant Eagle issues recall for bagged lettuce
The Giant Eagle supermarket chain is recalling bags of garden salad because of possible contamination. The Pittsburgh-based chain says various bags of Farmer's Market salad with best before dates between May 12 and May 22 are included. The recall was announced on May 18 by River Ranch Fresh Foods of ...
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