Result Page 103 for Pennsylvania news & latest pictures from ibtimes.com

U.S. gas drilling boom stirs water worries

On a snowy hillside in rural southwest Pennsylvania, Larry Grimm drives his truck up a steep gravel track to a hilltop reservoir surrounded by orange plastic fencing and keep out signs.

Abu Dhabi's IPIC to buy debt-laden Nova Chemicals

have truly outstanding fundamentals, it seems to me that you ought to be thinking about that as investors and not just the short-term concerns. The deal will allow Nova to strengthen its balance sheet so it can keep operating and expanding, the companies said. IPIC agreed to give Nova a $250 million backstop facility to improve its liquidity. Meanwhile, Nova won a new $150 million credit faci...

IPIC to buy Nova Chemicals, relieving debt fears

Abu Dhabi state-owned International Petroleum Investment Co launched a $500-million takeover bid for Nova Chemicals Corp on Monday, a friendly deal to rescue the raw plastics maker from severe financial pressure due to its high debt. Under the deal, IPIC is offering $6 a share for all of the outstanding shares of Nova Chemicals, which is based in Canada but has its executive office...

Philadelphia papers owner files for bankruptcy protection

The publisher of The Philadelphia Inquirer and Daily News said on Sunday it filed for Chapter 11 bankruptcy protection, marking the latest milestone in a crumbling of the U.S. newspaper business. In a statement, Philadelphia Newspapers LLC blamed its filing on a rare trifecta of a dramatic decline in revenue, the worst economic crisis since the Great Depression and a debt structure out of line ...

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Wharton School Announces Four Senior Leadership Appointments

Appointments Include J.J. Cutler, Director of MBA Admissions and Financial Aid; Ira Rubien, Executive Director of Communications; Leonard Lodish, Vice Dean of the Program for Social Impact; and Douglas H. Collom, Executive Director of Wharton West.

Man considered bank error 'a gift from God'

A Pennsylvania man considered a bank error as 'a gift from God' when $ $177,250 was deposited into his joint account with his wife at FNB Bank last summer.

American painter Andrew Wyeth dies at 91

American artist Andrew Wyeth died on Friday in his Philadelphia home, according to a spokeswoman for the Brandywine River Museum near his home in Chadds Ford, Pennsylvania.

With his Guns; Burres was in hot water

The sorry story - which dates back to 2005 - finally came out Wednesday as Plaxico Burress' dispute with a car dealer over damages to the Chevrolet Avalanche landed in a Pennsylvania courtroom.

Pittsburgh Mayor Ravenstahl changes name to Steelerstahl

Ravenstahl has called a Wednesday morning news conference at which he announced he's changing his last name to Steelerstahl.

Nissan will recall 242K vehicles in U.S. to repair sensor

Nissan Motor Co. will recall 242,720 trucks to be repaired after weather conditions in cold states triggered a problem that could prevent front air bags from deploying in a crash.

McCain Reacts to Clark's Comments

John McCain's campaign issued an outraged statement on Sunday following the remarks of retired General, Wesley Clark, who said he didn't see McCain's service as a fighter pilot and prisoner of war is a qualification to be president.

Lockheed Martin Wins $1.4 billion Air Force GPS Satellite Contract

Lockheed Martin Corp. beat out Boeing Co. to win a $1.4 billion U.S. Air Force competition to build a next-generation GPS satellite.

British Airways Yearly Profit Doubles

British Airways said on Friday that its profit more than doubled in the fiscal year ending March 31.

Petroleum Man will be virtually extinct soon

By Colin J. Campbell Oil was formed in the geological past under well understood processes. In fact, the bulk of current production comes from just two epochs of extreme global warming, 90 a...

Commodity Prices may be Down, but not Out

Commodity prices falling almost as fast as they rose this year raise questions again on the wisdom of investing in such markets, but those in the game for long will say it's worth it, a market researcher said. Some are asking if commodity prices in general had gone up too high, too fast, leading to a bubble.

Freddie, Fannie caps lifted

The government on Wednesday lifted limits on the amount the two largest mortgage finance companies can invest in home loans, a move that could unleash billions more dollars to stabilize the housing market and fend off a possible recession

Unthinkable housing solutions now thinkable

Plans for sweeping government bailouts and wholesale rewriting of mortgage terms are gaining traction as other efforts fall short.

A Super Tuesday showdown in 24 states

Voters in 24 states make their choices in an unpredictable U.S. presidential campaign on Tuesday, with Democrats Barack Obama and Hillary Clinton in a close fight and Republican John McCain aiming for a knockout blow against Mitt Romney.

Taking a page from Starbucks, Potbelly expands

Is the Starbucks formula the ticket for restaurant chains to take their brands national? More than one startup in the food industry is modeling itself after the successful coffee group.

Dollar drops on expectations of aggressive Fed

The dollar dropped against most major currencies on Monday with dealers anticipating that the Federal Reserve will have to cut interest rates aggressively after a policy meeting later this week to boost U.S. economic growth.

Hollywood's MGM strengthen HD channel with Verizon FiOS TV

Metro Goldwyn Mayer Studios Inc. (MGM) on Wednesday revealed that it acquired a carriage for its MGM HD Channel on Verizon's FiOS TV service enabling it to transfer feature film hits from the MGM library to Verizon FiOS TV subscriber households in full high definition.

Top 10 spas around the world

What better way to start the new year than winding down at a spa

MySpace Tightens Safety Measures

Under growing pressure from law enforcers and parents, MySpace agreed Monday to implement several security measures to protect young users from sexual predators and bullies.

Bush seeks to pressure Democrats over war funds

U.S. President George W. Bush on Thursday stepped up pressure on lawmakers to pass his Iraq war funding request, while a senior Democrat said a deal might be possible.

Record oil price still below inflation-adjusted high

U.S. oil surged to a nominal all-time high of $99.29 a barrel on November 21, boosting the annual average price to $69.97.

Home construction up but trend still lower

Groundbreaking for U.S. housing rebounded in October but permits for future building hit a 14-year low, indicating the grim market for home construction will likely continue to worsen. The Commerce Department said on Tuesday housing starts rose 3 percent to an annual pace of 1.229 million units in October.