U.S. Steel Warns It May Lay Off Almost 2,000

U.S. Steel Corp. said it will curtail production at pipe-making plants in Alabama and Texas and may lay off almost 2,000 workers because of “softening market conditions” in the oil and gas industries.

The Downtown-based steelmaker said late Monday that it would “temporarily adjust operations” at Lone Star Tubular Operations in Texas, Fairfield Tubular Operations in Fairfield, Ala., and Fairfield Works, the primary flat-roll supplier of rounds to Fairfield Tubular Operations.

Read more: http://triblive.com/business/headlines/7645142-74/fairfield-operations-steel#ixzz3PyOuMJ4S
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Wilkes-Barre Among Nation’s ‘Cheapest’ College Towns, According To New Study

WILKES-BARRE, PA — Tuition, books and direct spending aside, Wilkes-Barre is among the 30 cheapest places to go to college nationwide, according to a new analysis. The big reason: Housing is dirt cheap — about 30 percent of the national average.

Wilkes-Barre was 26th in the list, which was topped — or bottomed, cost-wise — by Memphis Tennessee, where the overall cost of living is 26.7 percent less than the national average. Don’t bother asking for the college town with the highest cost of living; the website that devised the list is, after all, cheapestcolleges.org.

Wilkes-Barre’s overall cost of living was 79.8 percent of the national average, But a look at the numbers under that percentage show we aren’t all that cheap in most categories.

Of six categories used to judge the cost of living, Wilkes-Barre is higher than the national average in four — miscellaneous, transportation, utilities, and groceries — and just under the national average (97 percent) in health costs. But, boy, do we make up for it housing.

Read more: http://www.timesleader.com/news/local-news-news/151499742/

“Malls Have Been A Dying Thing For Us”: Who’ll Replace RadioShack?

Radio Shack has been trying to close more than 1,000 of its 5,000 stores for the past year; its lenders are resisting; bankruptcy threatens.

Meantime other retailers are weighing whether Radio Shack sites — 29 in Philadelphia and its nearby suburbs, a total of 130 from Wilmington to Princeton, each about 2,000-2,700 sq ft — would make good lunch spots, phone stores, massage salons.

“We have a lease” to take over a Philadelphia-area Radio Shack — he won’t say which, it’s still open — and are negotiating for others in Boston, Atlanta, Miami, and Austin, Tex., Todd Leff, CEO of Hand and Stone Massage and Facial Spas, a 200-store franchise chain based in Hamilton Township, N.J., told me.  Hand and Stone says it has 35 locations in the Philadelphia area and South Jersey, and plans up to 15 more. Each store employs 30, including therapists and aestheticians for massage and skin care. Hour-long treatments cost $49-99.

Read more at http://www.philly.com/philly/blogs/inq-phillydeals/Malls-have-been-a-dying-thing-for-us-Wholl-replace-RadioShack.html#i6EFp5ErOlAswsiP.99

Quake Strikes Near Downingtown

A minor earthquake occurred near Downingtown on Sunday evening, possibly triggered by activity at a nearby quarry, Columbia University scientists said Monday.

The magnitude of the quake was measured at 2.7 and there were no reports of damage or injury, according to Patty Mains, a spokeswoman for the Chester County Department of Emergency Services.

The quake occurred at 6:25 p.m. Sunday with an epicenter located in the north end of East Bradford Township – about a mile south of a quarry owned by Lehigh Hanson Inc. in East Caln Township.

Read more at http://www.philly.com/philly/news/science/20150127_Quake_strikes_near_Downingtown.html#eWi4ibY3dzB4vvkJ.99