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Ticker: Outlook for SpaceX remains mixed

International News

Wall Street banks have high hopes for SpaceX but at the moment shares of Elon Musk’s rocket market appear to be earthbound. Many of the investment firms that underwrote SpaceX’s initial public offering issued their first research notes about the company Tuesday, and almost all recommended that investors buy the stock and forecast it to trade above $200 in the next 12 to 18 months. But after topping $200 in its first week of trading, the stock is trading around $150 per share, roughly where it opened on June 12, its IPO day. AI stocks sink and drag markets lower worldwide The ...

State budget impasse ‘super stressful’

Local News

It’s been a week since the deadline for a state budget passed, and public libraries, schools and rape crisis centers are bracing for the possibility of tighter times even while the memory of last year’s 135-day budget debacle remains fresh. A repeat is a real fear for many whose funding may be interrupted if it takes too long for Democrats and Republicans in Harrisburg to make a compromise. “I don’t want to have to go through that again. I don’t want our team to have to go through that again,” said the CEO of Crime Victims’ Center of Chester County, Christine Zaccarelli, ...

Blair County Prison eyes new medical provider for inmate care

Local News

HOLLIDAYSBURG — A Blair County board is recommending a new company take over inmate medical care for $3.73 million annually in the first year of a three-year contract. Armor Health, a Florida-based company, was one of five companies responding to Blair County’s request for bids in light ...

Girls swept away in Tyrone floodwaters ‘not goofing off’

Local News

The two girls carried through a tunnel on floodwaters into the dammed section of Bald Eagle Creek near the American Eagle Paper Mill in Tyrone before being rescued Sunday were not playing on an inflatable before being swept away, according to the mother of one of the girls. Rather, the girls ...

US Court of Appeals hears arguments in contraception coverage case

Local News

The U.S. Court of Appeals for the Third Circuit weighed arguments on Tuesday over mandating religious organizations who object to provide access to contraceptives through healthcare coverage. Judges on the third circuit heard challenges from New Jersey and Pennsylvania asserting that organizations, including Catholic ministry Little Sisters of the Poor, needed to provide access to contraceptives including abortion pills in Affordable Care Act employer healthcare plans. In 2016, the U.S. Supreme Court ruled that the federal government could not require certain religious ministries, like ...

Pennsylvania Superior Court rejects appeal in child porn case

Local News

The Pennsylvania Superior Court has rejected an argument by a Clearfield County man that his sentence for possession of child pornography was excessive — when compared with sentences imposed for the same offenses in prior cases. A three judge panel of the appeals court has ruled that Abram ...