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A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing an unexpected decrease in first-time claims for U.S. unemployment benefits in the week ended November 30th. The report said initial jobless claims slipped to…

Cyber Monday (the first Monday after Thanksgiving) has become part of the lexicon of American society. In fact, it is estimated that over two-thirds of all worldwide nations now participate in Cyber Monday. But just when did such a day come into existence, and how?

Moorestown, N.J. -- Nicole Crafts, owner of craft retailer A.C. Moore, announced on Monday that they will be closing all 140 stores. Some of the stores will be replaced by a Michaels store. No timeline has been set yet for store closure dates. 

Allentown, Pa. -- PPL Electric Utilities was awarded the 2019 ReliabilityOne™ Most Improved Utility Award this week for its dramatic improvements to grid reliability over the past decade. The award is presented to utility companies in recognition of notable sustained improvements in their se…

Silver Spring, Md. -- The U.S. Food and Drug Administration says discount chain retailer Dollar Tree may be selling potentially unsafe drugs and cosmetics from foreign manufacturers. Earlier this month, the FDA issued a warning letter to Dollar Tree regarding the potentially unsafe products.

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Boeing is hoping to resume deliveries of the 737 MAX aircraft to airline customers in December, when the Federal Aviation Administration (FAA) is expected to issue an Airworthiness Directive rescinding the grounding order following certification, according to a progress report issued by the …

PPL has announced that the corporation's presentation at the 2019 EEI Financial Conference in Orlando will be available via webcast on Tuesday, Nov. 12, at 10:30 a.m. During the presentation, Chairman and Chief Executive Officer William H. Spence will present to investors and analysts about …

E-Commerce giant Amazon announced a new initiative, Amazon Small Business Academy, aiming to help small businesses grow sales using internet. The move is part of its planned investment of more than $15 billion for the success of its selling partners. The effort is focused to accelerate the d…

Pennsdale, Pa. – The Dress Barn, Inc., announced that it is closing all brick and mortar stores by the end of the year, including the location at Lycoming Crossings shopping center in Muncy Township. The company plans to relaunch its website in 2020 with a new owner, according to a press release.

Wearables company Fitbit Inc. (FIT) agreed to be acquired by Google LLC for $7.35 per share in cash, valuing the company about $2.1 billion. "More than 12 years ago, we set an audacious company vision - to make everyone in the world healthier. ... We have built a trusted brand that supports …

Pennsdale, Pa. – Another store will soon be leaving the Lycoming Mall. Kitchen Collection, LLC, announced that all 160 of their retail stores will be closing by the end of the year. A store closing sale at the mall location began just over a week ago.

Ford Motor Co. (F) and the United Auto Workers union have reached a proposed tentative agreement on a four-year contract Wednesday without a strike. The proposed agreement includes more than $6 billion in major product investments in American facilities and the creation or retention of more …

Social networking giant Twitter Inc. (TWTR) Wednesday announced plans to ban all political advertising on its platform. "We've made the decision to stop all political advertising on Twitter globally. We believe political message reach should be earned, not bought. Why? A few reasons..." CEO …

With a view to making its Prime membership more attractive, Amazon.com has introduced free grocery delivery for its Prime members. The company said it is eliminating the monthly fee of $14.99 for Amazon Prime members, who pay a fee of $119 per year.

The United Auto Workers at General Motors on Friday ended a six-week strike against General Motors after union members approved a four-year contract, ending the longest automotive strike in 50 years. UAW President Gary Jones said, "Now that the General Motors strike has ended and the agreeme…

Airlines that are major customers of the Boeing 737 Max aircraft are taking a financial hit from the grounding of the aircraft earlier this year and are now seeking compensation from Boeing Co. (BA) for the damages. Boeing has also been reeling under the impact of the two crashes related to …