WELCOME TO 1230 WBVP-1460 WMBA
Daily News Stories for Friday, December 19, 2014:
First Niagara Financial plans to lay off about 150 to 200 positions "across all georgraphies", the Buffalo-based bank announced today. The company is eliminating management positions as part of a restructuring, according to a statement. Though it is reducing its number of managers, First Niagara is actively seeking to fill 200 open positions across its company. First Niagara is the fifth largest retail bank in the Pittsburgh region.
Pennsylvania's jobless rate fell by three-tenths of a percentage point in November for the second straight month, even as payrolls remained static. The state department of Labor and Industry said today that the seasonally adjusted rate in November was 5.1 percent, Pennsylvania's post-recession low. The U.S. rate is currently 5.8 percent.
Former Penn State University assistant football coach Jerry Sandusky has lost a legal battle to restore his $4,900-a-month pension, a benefit that was canceled two years ago after he was sentenced for child molestation. Sandusky's attorney Chuck Benjamin says he hasn't had a chance to read it yet, but that he plans to challenge it in a lawsuit.
email Pat at email@example.com with your news story ideas and news leads.