Labor
2 Ind. hospital systems cutting jobs, other costs
Two Indiana hospital systems said Thursday that they are cutting an undisclosed number of jobs by July 1 because of increasing economic and competitive pressure on the health care industry. St. Vincent Health, an Indianapolis-based network of 22 hospitals, and St. Mary Health of Evansville said restructurings of their workforces ...
Stocks edge lower as investors reassess Fed fears
Investors recovered their poise after a shaky start to trading on Wall Street that sent stocks sharply lower. U.S. markets plummeted immediately after the opening bell Thursday following a global slump prompted partly by an unexpected slowdown in Chinese manufacturing. Concern that the Federal Reserve might ease back on its ...
Judge awards $7,500 to former inmate for beating
A federal judge has ruled that a former Allegheny County Jail corrections officer should pay $7,500 to a former inmate. District Judge Terrence F. McVerry ruled Thursday that former corrections officer 34-year-old Arii L. Metz should pay 26-year-old David Kipp for the 2010 beating. McVerry called Metz's conduct "outrageous" and ...
Business Highlights
___ Why worry? Less aid by Fed would point to recovery WASHINGTON (AP) — Investors have grown nervous that the Federal Reserve will scale back its efforts to boost the U.S. economy sooner than many expected. Yet almost lost in the anxiety that gripped the stock market this week is ...
Lifespan cutting 122 jobs, reducing doc training
A plan by Rhode Island's largest health system to save $100 million to $150 million over the next two and a half years through significant jobs cuts will also include cuts to its physician training program. Lifespan announced this week that it's eliminating a total of 122 positions, mostly in ...
Defense: Ex-Pa. judge cooperating in coke case
A western Pennsylvania judge who abruptly resigned last year was charged Thursday with stealing cocaine from evidence in cases before him, and his attorney said the former jurist is cooperating with the investigation. State police filed the charges against former Washington County Judge Paul Pozonsky as part of a state ...
Between economy and trouble, Obama approval steady
The economy is recovering, the White House is dealing with multiple controversies, and President Barack Obama appears generally unaffected either way. He's getting no significant uptick in approval from gains in housing, jobs and the stock market. Likewise, he has so far seen no downtick from the recent storms over ...
Top 50 highest-paid CEOs
A look at the 50 highest-paid CEOs of 2012, as calculated by executive pay research firm Equilar. 1. Leslie Moonves, CBS, $60.3 million, down 12 percent 2. David Zaslav, Discovery Communications, $49.9 million, down 5 percent 3. Bob Iger, Disney, $37.1 million, up 18 percent 4. Philippe Dauman, Viacom, $33.4 ...
Fired Md. firefighter claims gender bias
A former Sykesville firefighter claims that gender discrimination led to her firing after she took time off for pregnancy and the birth of her son. The Carroll County Times reports that Robin Lancaster of Westminster filed the complaint against the Sykesville-Freedom District Fire Department in state court last month. It ...
Visa names McInerney as president
Visa has named Ryan McInerney as president and tapped Elizabeth Buse to head its newly created global solutions group. The payments processing company said Thursday that McInerney will be responsible for its global client organization and product management. He will also oversee a new solutions group, which will focus on ...
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