Latest Pennsylvania news, sports, business, and entertainment

 

 

PITTSBURGH (AP) – The Sierra Club is harshly criticizing a new partnership that aims to create tough new standards for hydraulic fracturing. The criticism came Thursday, a day after two of the nation’s biggest oil and gas companies made peace with some national and regional environmental groups, agreeing to go through an independent review of their shale oil and gas drilling operations in the Northeast. The new Pittsburgh-based Center for Sustainable Shale Development was created to improve standards for fracking. However, Sierra Club spokeswoman Deb Nardone says the new plan is “akin to slapping a Band-Aid on a gaping wound.” A center spokesman didn’t immediately respond to a request for comment. However, the Environmental Defense Fund says the new plan is meant to complement strong regulations, not replacement them.

 

WASHINGTON (AP) – One of five known manuscripts of Abraham Lincoln’s Gettysburg Address is going on display at the Library of Congress. Beginning today, the library will display the John Hay copy of the famous Civil War speech. It will be shown fox six weeks through May 4 in the “Civil War in America” exhibition. The exhibit commemorates the 150th anniversary of the Civil War through writings and firsthand accounts. It’s been extended from its original closing date in June to remain open until January 2014. Lincoln’s 1863 Gettysburg Address began with the words, “Four score and seven years ago.” The Hay copy is believed to be the second draft of the speech. Lincoln gave it to Hay, one of his two secretaries. The library holds two copies of the speech.

 

(Copyright 2012, The Associated Press, All Rights Reserved)

 

The Latest Business News

 

UNDATED (AP) – Investors are hoping some good news today will stop the slide in stocks .Oracle’s weak sales results weighed down big U.S. technology companies yesterday and traders also showed they’re worried about Cyprus running out of time to avoid bankruptcy. All three major indexes felt the drag from technology stocks after Oracle reported an unexpected decline in sales in its fiscal third quarter. Oracle’s results have an outsized impact on other technology stocks because it reports earlier than most of its peers. Cyprus must raise about $7.5 billion in the next four days to avoid bankruptcy. Several plans have failed, including a proposal to tax deposits held by the nation’s banks. If the Mediterranean banking haven is unable to secure a bailout, its banks will fail, and it could be forced to leave the euro currency. The Dow dropped 90 points, closing at 14,421. The S&P 500 was down 13 points to 1,545. The Nasdaq, which is weighted heavily toward tech stocks, fell a full percentage point. It closed down 31 1/2 points.

 

HONG KONG (AP) – Japanese stocks tumbled today as investors were disappointed by a lack of specifics from the new central bank chief on boosting the economy while other Asian markets fluctuated because of uncertainty over Cyprus’ troubled bank restructuring. The Mediterranean nation is trying to raise about $7.5 billion to avoid bankruptcy. If it can’t, the European Central Bank has threatened to cut off emergency support for its banks, which would devastate its economy and possibly force it out of the euro. The dollar fell against the euro and the yen. Benchmark crude oil rose to near $93 a barrel.

 

WASHINGTON (AP) – The Senate has soundly rejected a balanced budget plan authored by House Budget Committee Chairman Paul Ryan. Five Republicans joined every Democrat present last night to kill the measure, which failed on a 40-59 vote. The GOP’s most ardent tea partiers — Rand Paul of Kentucky, Ted Cruz of Texas, and Mike Lee of Utah — opposed the measure, which projects a balanced budget in a decade but relies on $600 billion-plus in tax revenues on the wealthy enacted in January to do it. Susan Collins of Maine and Dean Heller of Nevada also opposed the Ryan plan, which cuts sharply from safety net programs for the poor and contains a plan to turn the Medicare program for the elderly into a voucher-like system for future beneficiaries born in 1959 or later.

 

(Copyright 2012, The Associated Press, All Rights Reserved)

 

Features & Entertainment

 

WASHINGTON (AP) – One of five known manuscripts of Abraham Lincoln’s Gettysburg Address is going on display at the Library of Congress. Beginning today, the library will display the John Hay copy of the famous Civil War speech. It will be shown fox six weeks through May 4 in the “Civil War in America” exhibition. The exhibit commemorates the 150th anniversary of the Civil War through writings and firsthand accounts. It’s been extended from its original closing date in June to remain open until January 2014. Lincoln’s 1863 Gettysburg Address began with the words, “Four score and seven years ago.” The Hay copy is believed to be the second draft of the speech. Lincoln gave it to Hay, one of his two secretaries. The library holds two copies of the speech.

 

RIVERHEAD, N.Y. (AP) – No Bronx cheers in one New York town. The Riverhead town board is allowing booing, but only if done politely. The board voted earlier this month to banish boos at their meetings. But now the board has nixed the boo ban. Newsday reports the Long Island town board has decided to keep a prohibition against disruptive behavior. No word, though, on how to boo without being distributive.

 

SEATTLE (AP) – The pot-sniffing dogs have to find something else do to. Voters in Washington state legalized pot last November. Now, the state patrol and some other police agencies are retraining their K-9 cops. The Washington Association of Prosecuting Attorneys advises that drug-sniffing dogs should ignore marijuana. KOMO reports prosecutors say an alert from a pot-sniffing dog is no longer enough for a search warrant. The old dogs will have to be taught some new drug-busting tricks.

 

(Copyright 2012, The Associated Press, All Rights Reserved)

 

Upset minded Bucknell falls in NCAA

 

LEXINGTON, Ky. (AP) – Andrew Smith had a double-double including a career-high 16 rebounds, Roosevelt Jones added 14 points and Butler made its free throws down the stretch to hold off upset-minded Bucknell 68-56 in the second round of the NCAA tournament on Thursday. After trailing for most of the game, 11th-seeded Bucknell got back into it with a 19-2 second half run.

 

After Joe Willman’s jumper cut Butler’s lead to 43-42 with 6:56 left, the Bison (28-6) went almost five minutes without scoring. Butler went 18-of-20 at the line in the last 4:43. Willman scored a career-high 20 points for Bucknell, but the Bison couldn’t overcome an off day by two-time Patriot League Player of the Year Mike Muscala. Bucknell’s all-time leading scorer had nine points, only the second time this season he’d failed to reach double figures. Butler will face the winner of Davidson-Marquette on Saturday.

 

(Copyright 2012, The Associated Press, All Rights Reserved)