Reducing business taxes and personal-income taxes is the No. 1 way to stimulate the Pennsylvania economy, according to a recent poll of 700 registered voters in the state.
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Finance
Pay hike slices profits
Minimum-wage increase to $7.15 vexes employers
Read More »Going to Dell in handbasket; computer company in sleep mode
Dear Mr. Berko: I own 140 shares of Dell Computer, which I bought in January of 2005 at $42, and the value of the shares has been straight downhill since. What's wrong with this company?
Read More »SOUND OFF
Last week's question:
Republican U.S. Reps. Joe Pitts and Todd Platts are among those pushing for a moratorium on earmarks taxpayer funds set aside for projects in lawmakers' jurisdictions. Do you support their stance? Why or why not?
YES 95 percent
NO 5 percent
Read More »Economic Review: As labor force contracts, economy inches closer to recession
For months, there has been hope that the economy could skirt a recession. Even while the data deteriorated, it was believed that job and income gains would allow consumers to continue to hold up their end of the bargain. But then we got the killer: a second month of U.S. job losses.
Read More »ON THE MOVE
REAL ESTATE NEWS: openings, contracts, transactions, relocations
Read More »BUSINESS RECORD
Bankruptcies, disciplinary actions, mortgages, incorportations, liens
Read More »M&T, two others end federal student loans
M&T Bank Corp. is one of three major banks dropping out of the federal student-loan program for the 2008-09 academic year, according to an article in today's Wall Street Journal.
Read More »More Wall Street turmoil, but local banking steady
Midstate banks have largely avoided the turmoil on Wall Street, local financial observers said, after a weekend that saw the near collapse of a major financial firm and unusual interventions by the Federal Reserve System.
Read More »QUESTION OF THE WEEK
Manufacturer BAE Systems, which posted a $1.8 billion profit in 2007, received $4.3 million from Pennsylvania to expand its York County operations. Should this state and other states offer these types of incentives to large corporations? Why or why not?
Read More »BLOG UPDATE: View from the Corner Office
Click here to read what Commerce Bancorp's chief economist has to say about the Fed's recent actions.
Read More »Rite Aid to report wider Q4 loss
Rite Aid Corp. today announced it will incur an income-tax expense that will result in a wider-than-expected net loss in the fourth quarter.
Read More »BLOG UPDATE: View from the Corner Office
Breaking down the business benefits of the Economic Stimulus Act. Read the blog entry here.
Read More »Insurance group to pay record fine
New York-based insurance and financial-services company American International Group Inc. (AIG) will pay more than $9 million in penalties to the Pennsylvania Department of Insurance for filing false financial reports.
Read More »Central Pa. to get more tech upgrades
Central Pennsylvania is receiving about $2.1 million in upgrades to its communications infrastructure, including advance Internet services.
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