Fire chief rips ‘malicious activity’

| February 21, 2012

Interim Fire Chief Mike Woodward issued a statement Friday afternoon, saying Titusville Fire and Emergency Services ?does not condone any type of malicious activity that places its employees or the public at risk.? His statement follows Tuesday?s arrest of Titusville firefighter Randy Moore, 40, of Cocoa, on charges of putting a poisonous substance in a [...]

Housing Starts, Philly Fed Manufacturing Activity Both Higher

| February 20, 2012

The Census Bureau reported higher housing starts figures in January, up to 699,000 from a revised 689,000 in December. This increase stemmed from multi-family home construction, which rose from 176,000 to 191,000. Single-family new starts fell from 513,000 to 508,000 for the month, and the number of completions fell sharply. On the bright side, housing [...]

Business Bites: Eurozone economic activity shrinks

| February 19, 2012

Fourth quarter GDP numbers for the 17 nation eurozone have shown a contraction in economic activity, prompting fears the region could be pushed into a recession. The eurozone economy as a whole contracted 0.3% in the last three months of 2011. The economies of Germany, Italy and the Netherlands all shrank, but Frances GDP figures [...]

Philly Fed factory activity gains in February

| February 19, 2012

NEW YORK (Reuters) – The pace of factory activity in the US Mid-Atlantic region gained momentum in February as new orders picked up, a survey showed on Thursday. The Philadelphia Federal Reserve Bank said its business activity index rose to 10.2 from 7.3 the month before, topping economists expectations for 9.5, according to a Reuters [...]

Service business activity grew in August

| September 14, 2011

TEMPE, Ariz., Sept. 6 (UPI) — Business activity in US service industries grew in August for the 21st consecutive month, the Institute for Supply Management said Tuesday. The pace of growth accelerated with the headline Purchasing Managers Index rising from 52.7 to 53.3. The index uses 50 as a break-even point. Above 50 indicates growth. [...]

Seismic activity increases at Iceland volcano

| September 11, 2011

4 days ago  REYKJAVIK, Iceland (AP) — A surge of small earthquakes has been reported around Iceland’s Katla volcano, but scientists said Tuesday there is no immediate concern that the increased seismic activity will trigger a dangerous eruption. Although earthquakes around Katla are common, an increase in cluster earthquakes is not. “It’s one of the [...]

Vertex achieves 2 main goals of late-stage trial for rheumatoid arthritis

| September 7, 2011

Vertex Pharmaceuticals (NASDAQ:VRTX) reported Tuesday its experimental drug VX-509 for the treatment of rheumatoid arthritis met its two primary endpoints during a late-stage, 12-week trial. According to results, VX-509 resulted in substantial and statistically significant improvements in rheumatoid arthritis activity, compared to a placebo during the phase 2a trial. Rheumatoid arthritis is a chronic inflammatory [...]

Jobless starting businesses at 11-year low

| September 5, 2011

According to Challenger Gray, the decade high was 13.1% of jobless starting businesses in the second quarter of 2005. A year ago, 3.9% of unemployed managers and executives were starting businesses rather than look for a job, and in the first quarter of 2011, 4.1% were starting businesses. The lack of business startups is significant [...]

Increased criminal activity taxes North Belle Vernon police

| August 31, 2011

–> NORTH BELLE VERNON Mayor Ed Lyons said a migration of tenants to rental properties in the borough has added to a spike in police activity. Our incident reports have doubled compared to last year, which is not a very good situation, he said at a council meeting Tuesday. There appears to be a migration [...]

Pierzynski to resume baseball activity

| August 29, 2011

Doctors at the Cleveland Clinic confirmed what Pierzynski knew, that his injury isnt considered serious. The veteran catcher, currently on the 15-day disabled list, was cleared to begin baseball activity Friday. Im going to start light, start slow, swinging a lighter bat to get to the full range of motion, Pierzynski said. Im probably at [...]