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JPMorgan discloses $2 billion in trading losses

Posted by:admin on May 11, 2012

JPMorgan Chase, which emerged from the financial crisis as the nation’s biggest bank, disclosed on Thursday that it had lost more than $2 billion in trading, a surprising stumble that promises to escalate the debate over whether regulations need to rein in trading by banks.

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Key panel OKs new FDA bill

Posted by:admin on May 11, 2012

An influential congressional panel has passed legislation shepherded by U.S. Rep. Joe Pitts to impose higher fees on the medical device industry to pay for speedier government reviews of its products.

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Facebook warns shift to mobile could harm business

Posted by:admin on May 11, 2012

For Facebook Inc., the No. 1 challenge is making money from mobile devices. And it's warning investors that so far its ad business is not keeping up with the shift to mobile devices, a crucial point as Facebook heads into the last stretch before its initial public stock offering.

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Subsidies aid rebirth in U.S. manufacturing

Posted by:admin on May 11, 2012

Walking through his high-ceilinged factory here, explaining the production of sheets of copper, M. Brian O’Shaughnessy comes across as a staunch advocate of manufacturing in America. But he invariably adds: "There is nothing made in the United States that has to be made here — that can’t be shipped in from some other country."

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Women Of Influence 2012 Publication

Posted by:admin on May 11, 2012

For many accomplished women, their secret is to not set any limits. All across the midstate, women have repeatedly shattered the proverbial glass ceiling and made a great impact on both our business landscape and their communities. That's precisely why we're honoring 28 female leaders in the region as our Women of Influence. Through their career accomplishments, leadership, vision, community service and mentoring, they have demonstrated that no limitations will stand in the way of success.

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Power hitter

Posted by:admin on May 11, 2012

Nine years ago, on her first day as president of the James Street Improvement District, Lisa Riggs met with Lancaster's then-Mayor Charlie Smithgall.

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Investment plan

Posted by:admin on May 11, 2012

A downtown organization supporting business and property owners in Lancaster is gearing up to approve its next strategic plan.

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