AND NOW IT’S TIME FOR THE ‘BUSINESS MINUTE’ REPORT…BROUGHT YOU BY MINUTEMAN PRESS:

Federal investigators raided the Ellwood City Hospital yesterday. A spokesperson out of Pittsburgh for the FBI said authorities were conducting law enforcement activity at that location. The medical center and its owner, Americore Health LLC, have been under state and federal investigations for more than a year, stemming from financial issues that led to workers having a series of disrupted or delayed payrolls and vendors complaining of non-payments. The matter also is the focus of a criminal probe by the Lawrence County District Attorney’s Office.

The Stateline “State of the States 2020” report shows Pennsylvania is innovating in several areas, including rural health care and voting access. Andrea Sears reports…

In a hearing at the state Capitol in Harrisburg this week, advocates called for passage of a bill that would help people take time off from work to care for a loved one without losing pay. Don Rooney has details…

 

U.S. stocks fell broadly in midday trading on Wall Street amid ongoing uncertainty about the potential economic impact of the virus outbreak that originated in China. The World Health Organization has declared the oubreak a “global emergency,” a designation that signals the virus is more of a risk to other nations. Airlines fell Friday after Delta and American Airlines suspended flights to and from China. Technology stocks led the losses. Amazon was the standout after issuing a blowout earnings report. The S&P 500 fell 1.2%. Bond prices rose, sending yields lower. The yield on the 10-year Treasury note fell to 1.53%.

….AND THAT’S THE ‘BUSINESS MINUTE’ REPORT…BROUGHT YOU BY MINUTEMAN PRESS.