Cornell’s files for bankruptcy protection; will remain open

Cornell’s Restaurant in Schenectady will remain open as the company that owns the restaurant’s real estate reorganizes its debts in U.S. Bankruptcy Court, officials said today.
The real estate holding company, 39-45 North Jay Street Corp., filed for Chapter 11 to protect itself from creditors, including American Tax Funding, which handles tax liens for the city […]

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2010 School Guide high school slideshow

The 2010 Guide to Western Pennsylvania Schools features high school students from local schools throughout the region. Click on any of the photos to bring up a slideshow.
A complete list of 11th grade rankings of southwestern Pennsylvania schools is also available on the School Guide homepage.
For more, see:
Upper St bad credit pay day loans. Clair […]

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Rocky trims 1Q loss on sales gain

Stronger sales and tighter expense controls helped footwear maker Rocky Brands Inc. halve its loss in the first quarter, the company told investors late Thursday.
The Nelsonville-based boot maker said it lost $560,744, or 10 cents a share, for the first three months of the year, compared with a loss of $1.1 million, or 20 cents […]

OSHA cites 12 contractors

A dozen contractors face fines totaling $266,825 for alleged workplace safety violations after the companies were hired last summer to fix or replace damaged roofs following hail storms in suburban Albany, N.Y.
The U.S. Department of Labor’s Occupational Safety and Health Administration accused the contractors — many from out-of-state — of willful, repeat and serious violations […]

HOK completes Indiana job

St. Louis-based HOK architects provided the design, planning, structural engineering and interior design work on the new 254-bed Saint Joseph Regional Medical Center in Mishawaka, Ind.
The $224 million project includes a two-story diagnostic and treatment center with a six-story tower that has an emergency department, imaging center, diagnostics and 16 operating rooms. Inpatient […]

Conditions set for merger of Ticketmaster, Live Nation

LOS ANGELES—Both U.S. and Canadian governments have imposed major conditions upon Live Nation and Ticketmaster in approving the companies’ merger.
Shares in both companies jumped in trading Monday after reports surfaced earlier that the merger would be approved.
Included in the settlement is a requirement that Ticketmaster would have to license its ticketing software to competitor AEG […]

Consumer confidence in 2nd straight boost

A key measure of consumer confidence rose for a second straight month in December, a research group said Tuesday, with outlook for the next few months reaching a 2-year high.
The Conference Board, a New York-based research group, said its Consumer Confidence Index rose to 52.9 in December, from an upwardly revised 50.6 in November.
Economists […]

California cities losing millions in sales tax receipts

Cities and counties in California are losing millions of dollars in sales tax receipts due to slower retail sales, compared with last year.
In the most recent data available from the state Board of Equalization, jurisdictions around the state got $244 million in October, 14.5 percent less than they got in October 2008 as their share […]

Fed reduces AIG’s debt by $25 billion

AIG announced Tuesday that it completed a deal wiping out $25 billion of its debt to taxpayers by selling stakes in two subsidiaries to the Federal Reserve Bank of New York.
The troubled insurer gave the New York Fed preferred shares of two of its international life insurance companies, including $16 billion of American International […]

U.S. bets Canada’s wheat pricing war unsustainable on Saudi

Canadian wheat origins have so far managed to grab a pole position in supplying the Saudi market through aggressive pricing tactics, but such a policy can not be sustained in the long run, U.S. Wheat Associates said.
Saudi Arabia became the biggest addition in years to the global wheat buyside after it decided to gradually […]