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| Immigration Law | |
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Prices up
Consumer inflation nudged up 0.1 percent in July as falling prices for clothes and air fares helped to blunt rising gas costs.
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Profits taken
Profit-takers outnumber buyers as stock market gets off to a slow start.
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Fraud conviction
Ex-Media Vision executive guilty in long-running scandal.
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Business park, Woodcraft announce plans to grow
By Jane Haseldinejhaseldi@centredaily.comSPRING TOWNSHIP - Penn Eagle Industrial Park and Woodcraft Industries are growing simultaneously.As work officially started on the second phase of the industrial park along Benner Pike on Thursday, Woodcraft, one of its largest tenants, is also expanding.
(
pbeebe,
08/16/2002 03:01 AM EDT)
Adelphia debt part of C-COR loss
By Paul Beebepbeebe@centredaily.comSTATE COLLEGE - C-COR.net Corp. on Thursday said it lost $37.2 million in its fourth quarter after writing off $44.9 million that it says it's owed by Adelphia Communications Corp., which filed for bankruptcy protection in June.
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pbeebe,
08/16/2002 03:01 AM EDT)
Real estate transactions: July 22-26
REAL ESTATE TRANSACTIONSThe following property transactions were recorded from July 22 to July 26, 2002, in the office of the Centre County Recorder of Deeds. *BellefonteLeslie N. Shaw and Gary L. Shaw to Leslie N. Shaw, two tracts along Ridge Street, $1.
(
FJacobs,
08/16/2002 03:01 AM EDT)
Business Briefing
Dynegy to settleEnron merger suitHOUSTON - Dynegy Inc. has agreed to pay rival Enron Corp. $25 million for backing out of a November merger between the Houston-based energy marketers, the companies said Thursday.Under the settlement of the lawsuit, Enron has agreed to release Dynegy from all claims related to the terminated merger. In turn, Dynegy has agreed not to pursue any claims related to its acquisition from Enron of its Northern Natural Gas Co. pipeline in the merger breakup aftermath.
(
Wire DataStream,
08/16/2002 03:01 AM EDT)
Suit claiming Ford unit biased against Hispanics dropped
By Tony PughKnight Ridder NewspapersWASHINGTON - An Illinois lawsuit alleging that Ford Motor Credit Co. discriminates against Hispanic car buyers has been dismissed, an attorney for the plaintiffs confirmed Thursday.A group of Hispanic car buyers in Illinois sued Ford's credit division, claiming the company's policies encourage Ford salespeople to increase the annual percentage rates that Hispanics pay for car loans. Ford denied the allegations.
(
Wire Knight-Ridder,
08/16/2002 03:01 AM EDT)
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| TOP NATIONAL BUSINESS STORY |
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Nasdaq quits Japan
After losing money for two years, the Nasdaq Stock Market said Friday it was pulling out of Japan and will instead concentrate on strengthening its presence in Europe.
YURI KAGEYAMA / AP Business Writer
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Personals
Play the game of love. Click here to begin.
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BUSINESS UNUSUAL
Elvis king of dead rich stars
Elvis Presley remains the richest dead celebrity as the 25th anniversary of The King's death approaches, according to Forbes Magazine's second annual list of wealthy deceased celebrities. The singer's estate tops the list with a $37 million income.
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Spate of airline woes raises concerns for passengers
The airline business, already in turmoil as a result of the Sept. 11 attacks and an up-and-down economy, is acknowledging more problems and making a change in course.
DAVE CARPENTER / AP Business Writer
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| Updated Friday, Aug 16, 2002 | |
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