Business

Pine-based startup finds right market for heart monitor

InteloMed Inc. was positioned to capture a piece of the lucrative medical device market in 2012 when its noninvasive heart-monitoring system cleared regulatory hurdles in ...
Bayer's $62 billion bid for seed, farm chemicals seller Monsanto raises alarm on final price
Bayer AG offered $62 billion to buy Monsanto Co., deepening investor concern that it will strain its finances as it seeks to become the world's ...
Stocks little changed as investors wait for Fed
NEW YORK — Stocks ended a quiet day slightly lower Monday as investors sat on the sidelines waiting for more clues about whether the Federal ...
Appeals court reverses mail, wire fraud finding against Bank of America
NEW YORK — Bank of America Corp. is not liable for fraud and subject to a penalty of more than $1.2 billion for its actions ...
Airbnb, others pay out billions beneath IRS' radar, study finds
The Internal Revenue Service has been so slow to adapt to the rapidly emerging peer-to-peer economy that billions of dollars in taxable income are probably ...
Banks must defend Libor lawsuit after judges warn of impact
Sixteen of the world's largest banks including JPMorgan Chase & Co. and Citigroup Inc. must face antitrust lawsuits accusing them of hurting investors who bought ...
Homeowners, hotels banking on U.S. Open in Oakmont
Gene Nacey hopes to have guests visiting in the third week in June. Paying guests. He won't have met them, but he isn't worried. Nacey expects ...
As banks struggle to make money, emphasis on 'cross-selling' increases
Your banker wants to know you better. A visit to a branch to cash a check might invite all kinds of casual questions from the teller. ...
Report: DEP drops $9 million penalty against Range Resources in Lycoming case
WILLIAMSPORT — A Texas natural gas driller no longer is facing a nearly $9 million civil penalty from the state Department of Environmental Protection for ...
Large U.S. companies embrace 'bundled payment' health programs
Lowe's home improvement company, like a growing number of large businesses nationwide, offers its employees an eye-catching benefit: Certain major surgeries at prestigious hospitals can ...
American, United airlines to try to woo fliers with budget fares
Stung by competition from ultra-discount carriers, American and United airlines plan to strike back with cheap, no-frills tickets. The airlines hope that, by the end of ...
Chinese companies tough to take on in U.S. courts
WASHINGTON — American companies have found that it can be tough to do business in China. Now, as more Chinese firms invest in the United ...
Growing number of grocery stores hire 'retail dietitians' to educate shoppers
CHICAGO — "Has anyone tried quinoa before?" No hands went up. "We'll try some today," Allison Parker, a dietitian employed by Chicago-area grocer Mariano's, said to a ...
More Main Street investors get in on ground floor with startups
NEW YORK — Last year, Randy Murphy went to DietBet.com and bet $25 that he could drop 4 percent of his weight in four weeks. ...
Stafford: Separating real from fake can be tough task for job seekers
Some job postings are scams designed purely to steal personal identity information. Others are fishing expeditions without any real opening. Still others ask for information ...
Whole Foods seeks to shed pricey persona
Whole Foods Market, stung for years by snarky comments about its prices, is about to find out whether it can dispel the notion that its ...
Komando: Use airplane mode to halt delivery of a text message
Question: Oops! I sent a text, but it was a mistake. Is there any way to stop a text from being delivered? Answer: You can, ...
Frozen food recall covers hundreds of items from many stores
DES MOINES, Iowa — Amid a huge frozen foods recall involving millions of packages of fruits and vegetables that were shipped to all 50 U.S. ...
Pa. unemployment jumps to 5.3% in April
The state's job growth in March was wiped out a month later as Pennsylvania's manufacturers continued to struggle in April and weak consumer spending hit ...

A blog by David Conti