PENNSYLVANIA

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Advanta files for bankruptcy protection

Advanta Corp , a small business credit card lender in the United States, said on Sunday it filed for bankruptcy protection after the economic crisis over the last two years devastated its small business customers.

Stocks flat; broker upgrades offset jobs data

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U.S. stocks barely budged in a choppy trading session on Friday, lifted by several broker upgrades that offset disappointing data showing the unemployment rate rose to its highest in more than 26 years.
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Indexes turn negative after rally on data

U.S. stocks turned negative on Monday as investors pulled back after pushing indexes up about 1 percent on better-than-expected data on manufacturing and pending home sales.
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Goodbye to all that stimulus?

The U.S. economy has been kick-started into growth but stock investors still face an uncertain outlook as Wall Street gears up for comments from the Federal Reserve and a key report on employment this week.
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Wall St Week Ahead: Goodbye to all that stimulus?

The U.S. economy has been kick-started into growth but stock investors still face an uncertain outlook as Wall Street gears up for comments from the Federal Reserve and a key report on employment this week.
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US home buyer credit spurred 400,000 sales -report

The government's first-time homebuyer tax credit has spurred a significant amount of sales this year and its positive impact on the hard-hit housing market warrants an extension, an economist known for her property market expertise said on Thursday.
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Exelon revenues slide, trims forecast

Power company Exelon Corp posted an 8 percent increase in third-quarter profit, but its revenue fell far short of Wall Street expectations and it dropped its forecast to the bottom end of its previous range.
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United Tech results top Wall Street forecasts

Diversified U.S. manufacturer United Technologies Corp reported a 17 percent drop in third-quarter profit, that nonetheless beat Wall Street estimates, as cost-cutting helped offset slumping demand.
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U.S. charges 41 in mortgage fraud scheme

U.S. authorities charged 41 people in a suspected mortgage fraud scheme that cheated lenders out of more than $64 million on New York state properties, prosecutors said on Thursday.
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Singer Al Martino dies at 82

Al Martino, a crooner who had several pop hits spanning more than 20 years and played Johnny Fontane in the 1970s Godfather movies, died Tuesday at his childhood home in Springfield, Pa. He was 82.
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Delaware judges must avoid clash with US-professor

Delaware judges will need to find a way to avoid ruling in corporate cases involving government-controlled companies like American International Group Inc if they are to protect the state's corporate law, a law professor said on Friday.
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Sunoco to pay $148,315 for refinery violations-EPA

Sunoco Inc agreed to pay a $148,315 penalty to settle allegations it violated federal hazardous waste regulations at its 178,000 barrel-per-day oil refinery in Marcus Hook, Pennsylvania, the U.S. Environmental Protection Agency said on Friday.

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