Finance

Shareholders approve Graystone-Tower merger

Shareholders of Graystone Financial Corp. and Tower Bancorp
Inc. yesterday voted at separate meetings to merge the two banks.

$10.3M settlement proposed in Sterling Financial scandal

Lawyers have negotiated a $10.3 million settlement over the
collapse of Sterling Financial Corp. in a fraud scandal two years ago.

BLOG UPDATE: the gadget cube

SD cards encrypt data on Windows Mobile 6.1 smartphones, BlackBerry devices

Good
news for IT administrators who have offices full of smartphone junkies:
SD cards that encrypt data on Windows Mobile 6.1 smartphones and e-mail
on BlackBerry devices.

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Gift-certificate company folds, affects midstate chamber programs

Two of the midstate’s chambers of commerce are being forced
to suspend their gift-certificate programs.

Heavy burden

Heavy-equipment manufacturers are cutting Central
Pennsylvania jobs, and there doesn't appear to be relief in sight
for companies that make trucks and equipment for construction trades.

BLOG UPDATE: Capital Domes

Time for another tea party

In 1773, the British
government adopted the Tea Act, which allowed the East India Company to
sell tea to the colonies duty-free. The purpose was to give the East
India Company a monopoly by enabling it to undercut the prices of the
tea sold by colonial merchants.

Click BLOG UPDATE: the gadget cube

Mobile phone sales up in '08, down in Q4; more mobile subscribers worldwide

Sales
of mobile phones increased by 6 percent last year compared to 2007 but
dropped almost 5 percent in the fourth quarter because of the economy.

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Scottrade to open York County branch

A Missouri-based online investment firm March 9 will open
its first York County branch.

PNC slashes dividend

The PNC Financial Services Group Inc. slashed the dividend
on its common stock from 66 cents to 10 cents per share to save $1 billion
annually.

Midstate gets $4.2M in HUD stimulus funding

The U.S. Department of Housing and Urban Development (HUD) awarded
about $4.2 million to midstate counties and municipal governments.

BLOG UPDATE: the gadget cube

Microsoft creating virtual personal assistant 'Laura' that's
smart

Not only can she schedule meetings and book flights, but she
also can judge the people who are standing in front of her by their attire,
whether they seem impatient, how important they are and their preferred times
for appointments.

Click Casey issues guide to stimulus funding

U.S. Sen. Robert P. Casey Jr. (D-Pa.) issued a guide to
how the federal stimulus plan will affect Pennsylvania.