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Business groups: Reject solar bill that could cost $1B

Posted by:admin on June 6, 2012

The Pennsylvania Chamber of Business and Industry, along with other industry trade groups in the state, is urging the Legislature to reject a bill that gives additional support to the solar energy market and could cost businesses and consumers as much as $1 billion in energy price hikes.

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Pa.’s RACP program redesigned with new name

Posted by:admin on June 6, 2012

Given the tighter fiscal constraints in state government, the Office of the Budget announced Tuesday a redesigned Redevelopment Assistance Capital Program, or RACP, that focuses on merit-based selection and projects that will create jobs.

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New Fannie CEO has bank baggage

Posted by:admin on June 6, 2012

Fannie Mae named its general counsel, Timothy Mayopoulos, as its next chief executive officer after he agreed to a sharp pay cut imposed by the mortgage-finance company's federal regulator.

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