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Ticker: CNB reports Q2 net income of $28.3 million

CNB Financial Corp. on Thursday reported net income of $28.3 million in its second quarter. The Clearfield, Pennsylvania-based bank said it had earnings of 91 cents per share. The bank holding company posted revenue of $127 million in the period. Its revenue net of interest expense was $88.1 million, topping Street forecasts. S&T Bancorp posts profit of $36.6 million in Q2 S&T Bancorp Inc. on Thursday reported second-quarter profit of $36.6 million. The Indiana, Pennsylvania-based bank said it had earnings of $1.02 per share. The holding company for S&T Bank posted revenue of $142.9 ...

Burning Bright: J&O Fireplaces grows from basement to top regional seller

DUNCANSVILLE — Back in the summer of 1976, Joe Panaro decided to buy a wood stove. “I was so impressed. It was made by Alaska Co. in Bloomsburg. I asked the guy how I could sell them. He said I had to buy three to become a dealer, so I bought three stoves for $1,000 to become a ...

Workplace

New hires and promotions Richard Bukoski has been promoted from Associate Professor to Professor, Communication & Media Studies at Pennsylvania Highlands Community College. Bukoski began his career with Pennsylvania Highlands as a full-time faculty member in August 2013. He was previously employed as News Director and Copywriter at Forever Broadcasting in Johnstown. He teaches courses in Communication Studies and Media Production. Laura Gaunt has been promoted from Assistant Professor to Associate Professor, Healthcare Professions at Pennsylvania Highlands Community College Gaunt ...

Trump: US to probe EU trade practices

WASHINGTON — The United States will open a formal investigation into the European Union’s trade practices, President Donald Trump said on Friday, claiming the bloc has unfairly levied billions of dollars of fines against Google, Apple and other U.S. tech giants. The Republican president made the announcement a day after the EU hit Google with a fine of 890 million euros, or $1 billion, after it said the technology behemoth broke digital antitrust regulations by setting up Google Play and its ubiquitous search engine to corral consumers toward its own services and apps to the ...

Shoppers might see high oil prices in gas, groceries

NEW YORK — Already feeling pinched since the start of the Iran war, consumers are likely to feel more pain ahead as oil prices pushed past $100 a barrel Thursday amid renewed fighting and military strikes that have left global oil supplies stranded in the Middle East. The elevated price ...