http://www.timesleader.com/r?19=960&32=3991&7=186441&40=http%3A%2F%2Fwww.timesleader.com%2Fbusiness The latest business news from Times Leader en-us Sat, 21 Nov 2009 01:07:55 GMT 2009-11-21T01:07:55Z en-us http://www.timesleader.com/r?19=961&43=182641&44=70668057&32=3991&7=186441&40=http%3A%2F%2Fwww.timesleader.com%2Fbusiness%2FPlum_position_TF_in_ad_campaign.html KINGSTON – The owner of a local small business is featured prominently in a national advertising campaign for the American Express Plum Card. Sat, 21 Nov 2009 01:07:55 GMT a04b06daafe446c25ab0213624c93ef9 Joe Healey 2009-11-21T01:07:55Z http://www.timesleader.com/r?19=961&43=182641&44=70598112&32=3991&7=186441&40=http%3A%2F%2Fwww.timesleader.com%2Fbusiness%2FFrom_online_to_in_line_11-20-2009.html WEST PITTSTON – Until now, those wishing to order cheese, coffees and other foods from the igourmet.com warehouse had to go online, no matter if they lived in West Pittston or West Virginia. But in a rare move, the specialty foods retailer will open its doors to the public this Saturday. Fri, 20 Nov 2009 05:00:00 GMT 12c5b32bed33056cd38821ecdcde678e 2009-11-20T05:00:00Z http://www.timesleader.com/r?19=961&43=182641&44=70598142&32=3991&7=186441&40=http%3A%2F%2Fwww.timesleader.com%2Fbusiness%2FBusiness_briefs_112009.html The unemployment rate in Pennsylvania was unchanged at 8.8 percent in October from September, the state Labor & Industry department said Thursday. The labor force, the number of people working or looking for work, fell by 27,000 to 6,340,000. The labor force was 95,000 less than in October 2008. Fri, 20 Nov 2009 05:00:00 GMT debe6f4ecea626d376c8b92ecdce1b83 2009-11-20T05:00:00Z http://www.timesleader.com/r?19=961&43=182641&44=70598152&32=3991&7=186441&40=http%3A%2F%2Fwww.timesleader.com%2Fbusiness%2FStronger_dollar__weaker_data_pummel_stocks_11-20-2009.html NEW YORK — Major stock indexes tumbled about 1 percent Thursday, but ended well off their lows. Energy and materials stocks logged the biggest losses as a jump in the dollar sent commodity prices tumbling. Meanwhile, an analyst’s downgrade of the chip industry pulled technology shares sharply lower. Fri, 20 Nov 2009 05:00:00 GMT 072753d6a068eb11025f01b6504dc3fe 2009-11-20T05:00:00Z http://www.timesleader.com/r?19=961&43=182641&44=70598137&32=3991&7=186441&40=http%3A%2F%2Fwww.timesleader.com%2Fbusiness%2FData_signal_a_weak_recovery_11-20-2009.html WASHINGTON — A gauge of future economic activity and a report on unemployment benefits signaled Thursday that the recovery likely will remain weak in the coming months. Fri, 20 Nov 2009 05:00:00 GMT 588918101b9b51f8077d194d81cfad14 2009-11-20T05:00:00Z http://www.timesleader.com/r?19=961&43=182641&44=70598132&32=3991&7=186441&40=http%3A%2F%2Fwww.timesleader.com%2Fbusiness%2FAOL_offers_buyouts_to_2_500_workers_11-20-2009.html NEW YORK — AOL LLC, an Internet company struggling to adapt to an advertising-driven economy, is looking to shed as much as 36 percent of its work force as it prepares to spin off from Time Warner Inc. next month. Fri, 20 Nov 2009 05:00:00 GMT 89e0aca651c3a6f02b17c03a1358b9e8 2009-11-20T05:00:00Z http://www.timesleader.com/r?19=961&43=182641&44=70598127&32=3991&7=186441&40=http%3A%2F%2Fwww.timesleader.com%2Fbusiness%2FPanel_OKs_chopping__lsquo_too_bigs_rsquo__11-20-2009.html WASHINGTON — A House committee voted Wednesday to give the government the right to dismantle financial firms that are so big, interconnected and leveraged that they could harm the economy, even if they are healthy. Fri, 20 Nov 2009 05:00:00 GMT 10cc623b04926c5dde91ae0e77bbf604 2009-11-20T05:00:00Z http://www.timesleader.com/r?19=961&43=182641&44=70598122&32=3991&7=186441&40=http%3A%2F%2Fwww.timesleader.com%2Fbusiness%2FAirport_site_could_host_new_tenant_11-20-2009.html PITTSTON TWP. – The former Damon’s restaurant on land owned by the Wilkes-Barre/Scranton International Airport soon could be home to a new tenant. Fri, 20 Nov 2009 05:00:00 GMT 4d038b13b035fca1c27395cb519c1abd 2009-11-20T05:00:00Z http://www.timesleader.com/r?19=961&43=182641&44=70589062&32=3991&7=186441&40=http%3A%2F%2Fwww.timesleader.com%2Fbusiness%2FFrom_online_to_in_line.html WEST PITTSTON – Until now, those wishing to order cheese, coffees and other foods from the igourmet.com warehouse had to go online, no matter if they lived in West Pittston or West Virginia. But in a rare move, the specialty foods retailer will open its doors to the public this Saturday. Fri, 20 Nov 2009 03:44:00 GMT b9d8af447a0c7bc4c7f19323634c4593 Joe Healey 2009-11-20T03:44:00Z http://www.timesleader.com/r?19=961&43=182641&44=70588922&32=3991&7=186441&40=http%3A%2F%2Fwww.timesleader.com%2Fbusiness%2FAirport_site_could_host_new_tenant.html PITTSTON TWP. – The former Damon’s restaurant on land owned by the Wilkes-Barre/Scranton International Airport soon could be home to a new tenant. Fri, 20 Nov 2009 03:40:14 GMT a42bbcb18b8fc071b49afffe2c82ae0d Joe Healey 2009-11-20T03:40:14Z http://www.timesleader.com/r?19=961&43=182641&44=70440422&32=3991&7=186441&40=http%3A%2F%2Fwww.timesleader.com%2Fbusiness%2FBusiness_News_brief111909.html Employees of leading student loan firm Sallie Mae delivered to senators petitions that the company said contained 186,092 signatures gathered in opposition to proposed changes in student loan administration. Sallie Mae says that 2,300 of its 8,500 jobs would be lost if the shift entirely to a government direct lending is adopted. The legislation has passed a House vote. Thu, 19 Nov 2009 05:00:00 GMT 97973f020f373304e9fac7f43823bcff 2009-11-19T05:00:00Z http://www.timesleader.com/r?19=961&43=182641&44=70440437&32=3991&7=186441&40=http%3A%2F%2Fwww.timesleader.com%2Fbusiness%2FSlow_home_building_drag_on_economy_11-19-2009.html WASHINGTON — The budding economic recovery isn’t getting much help from the home-building industry, which normally creates jobs and drives growth when a recession ends. Thu, 19 Nov 2009 05:00:00 GMT fba1f91294719127b536f75947fdca8e 2009-11-19T05:00:00Z http://www.timesleader.com/r?19=961&43=182641&44=70440432&32=3991&7=186441&40=http%3A%2F%2Fwww.timesleader.com%2Fbusiness%2FHershey__Ferrero_eyeing_Cadbury_11-19-2009.html HARRISBURG — Hershey, hoping to expand its overseas presence, has lined up a potential partner as the most recognizable name in American chocolate considers starting a bidding war for British candy maker Cadbury PLC. Thu, 19 Nov 2009 05:00:00 GMT 5e5e123f5d0ccbe9b635bbfa86b68e41 2009-11-19T05:00:00Z http://www.timesleader.com/r?19=961&43=182641&44=70440427&32=3991&7=186441&40=http%3A%2F%2Fwww.timesleader.com%2Fbusiness%2FHome_news_weighs_on_investors_11-19-2009.html NEW YORK — Stocks drifted lower Wednesday after an unexpected drop in home construction and disappointing forecasts from technology companies added to worries about the economic recovery. Thu, 19 Nov 2009 05:00:00 GMT 37b0ebde19d17db0013505feb36c3d48 2009-11-19T05:00:00Z http://www.timesleader.com/r?19=961&43=182641&44=70348632&32=3991&7=186441&40=http%3A%2F%2Fwww.timesleader.com%2Fbusiness%2FIn_brief_11-18-2009.html Byron L. Read Jr., chief executive of Old Forge-based Positive Results Marketing Inc. and president of The Target Shopper Magazine Inc., has been named a Professional of the Year in Marketing & Advertising by the Cambridge Who’s Who Registry. A selection committee chose two male and two female honorees based on professional accomplishments, academic achievements and leadership abilities. Wed, 18 Nov 2009 05:00:00 GMT 91bf6aab860bc2cfebccd82ed2b11c72 2009-11-18T05:00:00Z http://www.timesleader.com/r?19=961&43=182641&44=70348642&32=3991&7=186441&40=http%3A%2F%2Fwww.timesleader.com%2Fbusiness%2FIn_mixed_trading_session__stocks_climb_to_13-month_highs_11-18-2009.html NEW YORK — Stocks finished an erratic session mixed Tuesday as higher commodity prices lifted energy and materials shares. Wed, 18 Nov 2009 05:00:00 GMT a22e42e7cc7534dec9102069f1cd5a4a 2009-11-18T05:00:00Z http://www.timesleader.com/r?19=961&43=182641&44=70348622&32=3991&7=186441&40=http%3A%2F%2Fwww.timesleader.com%2Fbusiness%2FProduction__numbers_weak___inflation_unlikely_11-18-2009.html WASHINGTON — Stalled factory production in October signals that consumers and businesses remain cautious in their spending, with the economic recovery likely to be sluggish. Wed, 18 Nov 2009 05:00:00 GMT 982889cd1dbe5a0c00413be80f89de02 2009-11-18T05:00:00Z http://www.timesleader.com/r?19=961&43=182641&44=70348627&32=3991&7=186441&40=http%3A%2F%2Fwww.timesleader.com%2Fbusiness%2FIRS_settles_offshore_accounts_with_14_700_11-18-2009.html MIAMI — More than 14,700 U.S. taxpayers came forward to disclose billions in offshore bank accounts in 70 countries under a voluntary Internal Revenue Service program allowing most to avoid criminal prosecution as long as they pay what they owe, IRS officials said Tuesday. Wed, 18 Nov 2009 05:00:00 GMT 2670061697f15ad468d9fd012b0adf71 2009-11-18T05:00:00Z http://www.timesleader.com/r?19=961&43=182641&44=70348612&32=3991&7=186441&40=http%3A%2F%2Fwww.timesleader.com%2Fbusiness%2FAt_Foxwoods__bad_times_roll_on_with_its_default_11-18-2009.html NEW HAVEN, Conn. — Foxwoods Resort Casino, one of the world’s largest, has failed to make a full payment on its debt, leading to a default and another credit-rating downgrade as casinos around the country struggle amid the severe recession. Wed, 18 Nov 2009 05:00:00 GMT 6a6b92c4813cf92528c9fe32c9899b69 2009-11-18T05:00:00Z http://www.timesleader.com/r?19=961&43=182641&44=70340017&32=3991&7=186441&40=http%3A%2F%2Fwww.timesleader.com%2Fbusiness%2FElectricity_retailer_coming.html When an electricity retailer opens for business in Forty Fort by the end of the year, its employees might be placing the only telemarketing calls people want to receive. Wed, 18 Nov 2009 03:53:26 GMT 4aff25934f718d1dc3de3beebec64275 Joe Healey 2009-11-18T03:53:26Z