Shareholders of OBA Financial Services Inc. approve merger with F.N.B. Corporation; effective closing date is Sept. 19

F.N.B. Corporation (NYSE: FNB) and OBA Financial Services Inc. (NASDAQ: OBAF) on Aug. 21 announced that, at a special meeting, the shareholders of OBA Financial Services Inc. have approved the Agreement and Plan of Merger between F.N.B. Corporation and OBA Financial Services Inc. As announced previously on April 8, and as approved by the boards of directors of both companies, shareholders of OBA Financial Services Inc. will be entitled to receive 1.781 shares of F.N.B. Corporation common stock for each common share of OBA Financial Services Inc. The exchange ratio is fixed and the transaction is expected to qualify as a tax-free exchange for shareholders of OBA Financial Services Inc. (read more)

  • Shareholders of OBA Financial Services Inc. approve merger with F.N.B. Corporation; effective closing date is Sept. 19
  • Pennsylvania coal companies receive exemplary surface coal mine reclamation and Keystone mine safety awards
  • $1.5 million verdict awarded in negligence case against Wilkes-Barre General Hospital
  • Fusion Hair Design, West Market Street, Scranton to hold cut-a-thon, bake sale Aug. 30 from noon to 4 p.m. to aid child fighting cancer
  • Hazleton Chamber announces golf tournament winners
  • AAA North Penn spends ‘night out’ in Jermyn
  • Hess toy truck to celebrate 50th anniversary with unveiling of special anniversary Hess holiday toy truck


 

Note Fragrances selected to be in the official gift bags backstage at the primetime Emmy awards

Note Fragrances, a boutique perfumery and custom perfume studio in downtown Scranton is taking Scranton to the red carpet next week. Note announced its acceptance into the only official gift bags given to the nominees backstage at the 66th Primetime Emmy

 
Energy

Pennsylvania coal companies receive exemplary surface coal mine reclamation and Keystone mine safety awards

The Pennsylvania Coal Alliance (PCA) recognized eight Pennsylvania coal companies with 14 different awards for their exemplary efforts in the field. Seven current sites were awarded the Keystone Mine Safety Award and seven former sites were recognized wit

DEP fines Cabot more than $76,000 for Susquehanna County well-control incident; company lost control of gas well for 27 hours in January

The Department of Environmental Protection (DEP) on Aug. 19 announced it has fined Cabot Oil & Gas Corp. of Pittsburgh $76,546 for a January well control incident at the company’s Huston well pad in Brooklyn Township, Susquehanna County. “Cabot lost contr

 
Economy

Gov. Corbett announces updated 12-year transportation program; more projects to be funded because of Act 89

Gov. Tom Corbett announced that the State Transportation Commission, building on the Act 89 transportation plan, has updated Pennsylvania’s 12-year transportation program with a sizeable boost in much needed transportation improvements. The new plan antic

 
Op-Ed

If you think you’ve outgrown vaccinations, think again!

By Nina M. Taggart, MA, M.D. Most adults probably remember going to the doctor as a child to have their ‘shots.’ While painful at the time, those shots — or immunizations —helped prevent potentially serious diseases such as mumps, measles and polio that w

Getting more loans into the hands of the under-served; SBA rolls out new credit-scoring model

By Natalia Olson-Urtecho As administrator for the U.S. Small Business Administrator’s mid-Atlantic region, it’s my job, and the job of the agency, to help as many entrepreneurs as possible access the capital they need to start or grow their businesses. We

Guest op-ed: Manufacturing: Learning from those who have done it well

By Michael A. MacDowell The Internet contains some amazing videos that showcase the innovations Germany has made in manufacturing. Immense robot-like machines produce precision automobiles, sophisticated railway cars, aircraft parts, and a variety of othe

Fear, not sloth, paralyzes us

We’ve all made New Year’s resolutions, so we know how hard it is to change. Once you’ve established a routine and it becomes your habit, doing something different seems either too burdensome, too demanding or just downright frightening. There’s a televisi

Quality pre-k education yields many benefits

Four prominent Northeast Pennsylvania business and civic leaders recently wrote an op-ed for this publication detailing the many benefits high-quality early learning has for communities — benefits ranging from a stronger, more competitive job market to a

Apple and IBM bury the hatchet in the ‘collaboration economy’

By Topher Morrison If you need any further proof that the information age is dead and the collaboration age is now in full swing, bitter rivals Apple Inc., and IBM have announced that they are going to be collaborating to create approximately 100 business

AMAC: Obamacare increases insurance rates and decreases economic growth prospects

The media focus on the Iraqi crisis has created a ‘fog of war’ that has obscured a series of reports in recent weeks on the damaging impact of Obamacare on health care insurance rates, in particular, and the economic recovery, in general, according to Dan

Avoiding college depression

By Jeremy Bamidele The recent string of school shootings has inspired school administrators to start taking a closer look at mental illness and the dangers it cause when left unchecked. Mental illness is not static; it progresses with time. We live in an

Wayne Memorial launches mobile audiology service

Wayne Memorial Hospital announced the start of a new service: mobile audiology. Wayne Memorial Hearing Solutions kicked off the new service by offering free hearing screenings at the Wayne County Fair earlier this month. Audiologist Robert Gwyn, AuD, perf

 
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Latest Business News

Jobless rate down in Scranton, Wilkes-Barre

Continuing declines in the labor force — not new jobs — nudged the seasonally-adjusted unemployment rate in the Scranton/Wilkes-Barre metro area down one tenth of a percentage point to 6.8 percent, the lowest level since October 2008.