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Roundup: Peoples Natural Gas to refund $3.8M in overcharges; Consumer sentiment dips in July; more

Staff and Wire Reports
Peoples Natural Gas to refund $3.8M in overcharges Customers of Peoples Natural Gas Co.’s Equitable Division will receive a 2 percent discount on their bills over the next eight months in a refund of extra money the utility collected because ...

Roundup: Shell to cut jobs to cope with prolonged period of cheap oil; U.S. Corrugated building $43.5M plant in California; more

Staff and Wire Reports
Shell to slash jobs,  capital investment Royal Dutch Shell announced deep cuts to jobs and investment on Thursday as the global energy giant prepares for a prolonged period of low oil prices. Shell expects to eliminate 6,500 staff and contractor positions ...

Roundup: U.S. Airways flight operations center to close in August; US pending home sales slip in June; more

From Staff and Wire Reports
US Airways flight operations center  to close in August The US Airways flight operations center in Moon will close in August and its work ...

Roundup: SuperValu may spin off Save-A-Lot into separate company; Acrobatiq raises $9.75M in funding; more

From Staff and Wire Reports
SuperValu may spin off Save-A-Lot brand SuperValu said Tuesday that it may spin off its discount grocer Save-A-Lot into a separate publicly traded company as ...

Roundup: Orders to American factories for goods jump in June; more

Wire Reports
Orders for durable goods jump in June Orders to American factories for big-ticket manufactured goods posted a sizable gain in June, but the advance was fueled by higher demand for commercial aircraft, a volatile category. Orders for durable goods jumped ...

Roundup: 2Q profit plunges at First Niagara; Alpha Natural said to be negotiating to sell mines; more

Staff and Wire Reports
2Q profit plunges at First Niagara First Niagara Financial Group reported a 22 percent plunge in second-quarter profit as low interest rates pinch its bottom line. The Buffalo-based bank on Friday reported net income of $53.5 million, or 15 cents a ...

Roundup: Wesco cuts earnings forecast; Japan’s Nikkei lands Financial Times in $1.3 billion deal; more

Staff and Wire Reports
Wesco cuts full-year earnings forecast Electrical components supplier Wesco International Inc. cut its earnings outlook for full-year profit after reporting a 25 percent drop ...

Roundup: Einhorn increases his stake in Consol to 12.9%; Pa. joins other states to urge action against robocalls; more

Staff and Wire Reports
Einhorn increases  his stake in Consol Another major investor in Consol Energy Inc. has upped his stake in the Cecil-based coal and gas company ...

Roundup: Feds say ID protector LifeLock violated $12M settlement; Citizens declines as profitability drops, RBS sale planned; more

From Wire Reports
FTC says LifeLock violated settlement The federal government said identity theft protection company LifeLock spent years violating a $12 million settlement for misrepresenting the protection it provides for customers. Four years after LifeLock paid the eight-figure settlement related to false claims ...

Roundup: Gasoline prices decline in Western Pennsylvania; more

Staff and Wire Reports
Gasoline prices in W.Pa. retreat from near $3 Gasoline prices in Western Pennsylvania have retreated in the past month, having flirted with the $3 mark. The average price for a gallon is $2.92, a decline of 2.1 cents in the past ...

Roundup: CVS Photo website credit card info possibly stolen in breach; Rising gas prices push inflation up modestly in June; more

From Wire Reports
CVS warns of breach  to online photo service CVS is warning customers that its online photo service may have suffered a data breach and has shut it down. The nation’s second-largest drugstore chain says the site is being switched off ...

Roundup: US homebuilder sentiment hits highest level since 2005; Ford offering $10,000 discount on aluminum F-150 pickup; more

From Staff and Wire Reports
Homebuilder sentiment at highest level since 2005 Homebuilders’ confidence in the market for new homes is back up to levels not seen since the height ...

Roundup: Consumer groups, citing antitrust concerns, ask FTC to block Mylan-Teva deal; Fake story on buyout sends Twitter stock briefly higher; more

From Staff and Wire Reports
Consumer groups ask FTC to block Mylan-Teva deal Consumer advocacy groups are asking the Federal Trade Commission to block a hostile takeover bid by Teva Pharmaceutical Industries Ltd. for Mylan NV, arguing that if a deal between the generic drugmakers ...

Roundup: AEO pulls t-shirt that was criticized by animal rights group; Wal-Mart opens counter offensive against Amazon this week; more

From Staff and Wire Reports
AEO pulls elephant T-shirt criticized by  animal rights group Clothing retailer American Eagle Outfitters has stopped selling T-shirts that were criticized by an animal ...

Roundup: McDonald’s says ‘Minions’ aren’t swearing; GM recalling nearly 780K SUVs to fix power lift gate problem; more

From Wire Reports
McDonald’s: Minion curse words all in customers’ heads McDonald’s swears up and down that the little yellow “Minions” Happy Meal toy is speaking only nonsense ...

Roundup: Survey: Many consumers worry about safety of financial info; IBM claims breakthrough in making chips even smaller; more

Staff and Wire Reports
Survey: Consumers worry most about financial data theft While the safety of their private financial information is a big deal for a lot of people, ...

Roundup: Preserving jobs, pay raises on table as US auto talks open; Lew sticking with plan to put woman on $10 bill; more

From Wire Reports
GM to invest $350M  in Mexican factory The day before hundreds of United Auto Workers delegates gathered to set strategy for contract talks with the ...

Roundup: Wolf names 48 to task force on expanding gas pipelines; Airlines boost on-time rating; more

Staff and Wire Reports
Wolf names 48 to task force on expanding gas pipelines Gov. Tom Wolf has appointed 48 people to a task force that will help the ...

Roundup: Prices for some Starbucks drinks to go up; more

Wire Reports
Starbucks drink prices to rise as much as 20 cents NEW YORK — Starbucks is raising its prices again starting Tuesday, with increases of as much as 20 cents for affected drinks, the company said. The Seattle-based company raised prices ...

Roundup: Whole Foods owns up to overcharging of packaged goods; Ford recalls 432K cars because of software problem; more

From Wire Reports
Whole Foods owns up  to overcharging at some New York City stores Whole Foods Market Inc. admitted that there were pricing issues at its New ...