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Ames True Temper reports $10M loss in Q1
Cumberland County-based tool manufacturer Ames True Temper
Inc. today reported a $10.2 million net loss in the first quarter.
Workforce initiatives would take hit under proposed budget
Gov. Ed Rendell's 2009-10 budget proposed $99 million in
cuts to the state Department of Labor and Industry.
Proposed stimulus package has wide reach
Congress is crafting a fiscal stimulus package that would go
far beyond bridge-building and tax-cutting, with money flowing into
unemployment and medical benefits, schools and student aid and scientific
research.
In brief: Community Foundation donates to endowments
The Lancaster County Community Foundation has awarded
$80,000 of matching grants to help eight Lancaster-area nonprofits build their
endowments.
In brief: Tax collection to change
Local officials must create committees this year to
implement a new state-mandated system for collecting taxes.
Credit unions eye increased business lending
Credit unions hope a sinking economy will prod Congress
finally to loosen restrictions on how many commercial loans they can make.
Funds would fill Pa. budget gaps
A federal plan for jump-starting the economy would pump more
than $20 billion into Pennsylvania
through spending on health care, education and infrastructure.
Pennsylvania must be poised for economic recovery
Pennsylvania's
looming budget deficit presents an opportunity to ensure the commonwealth will
be able to compete with other states and the rest of the world when we emerge
from this economic downturn. The task before us is clear. We must enact
systemic changes in our programs, spending and tax structure to remain
competitive in a global economy.
Republicans criticize governor’s budget (video)
Republican House and Senate leaders said Gov. Ed Rendell's
2009-10 budget proposal actually increases spending by at least $700 million.
Dentsply Q4 earnings inch up
York-based Dentsply International Inc. reported fourth-quarter 2008 net income inched up to $71 million, or
47 cents per diluted share, compared to $70 million and 45 cents per diluted
share for the year-ago period.
Behind the list with Richard Welkowitz
Founder, owner and president of Blackford Development
