Company drops plans for gas pipeline – msnbc.com
A Texas company has abandoned plans for a natural gas pipeline in southwestern Pennsylvania, citing legal costs and falling natural gas production. The Pittsburgh Tribune-Review (http://bit.ly/L108Jo0 ) reports Wednesday that a senior vice …

UnitedHealth’s Misleading Promises — It’s What the Company Didn’t Say That’s Most Important – Huffington Post
Sure enough, when the markets opened the next morning, the company’s stock price began a long slide. The CEO was quoted in the bad-news news release about how the company was taking steps to make sure nothing like that would ever happen again …

Facebook CTO Bret Taylor leaving to start company – CNET News
This is a big loss for Facebook and comes less than a month after the company went public. While Facebook stock rose more than 6 percent today, to close at $30.01, it’s still 21 percent below its offering price of $38 a share. The news about …

The Hershey Company Welcomes Returning Veterans to Its Employment Ranks – Businessweek
The growing need for veterans to successfully transition back into civilian life has inspired The Hershey Company (NYSE: HSY) to launch a Veteran s Business Resource Group (BRG) to expand its longstanding outreach to veterans and veteran organizations.

Company news: Edge Federal Credit Union announces summer interns – Syracuse Post-Standard
Edge Federal Credit Union announces that ANDREW WRIGHT and COREY SHERWOOD have been selected for summer intern positions in accounting and operations and AMANDA DAUM has been hired as a temporary receptionist. Wright, of Liverpool, is a senior …

J.C. Penney executive brought in for changes leaves company – Los Angeles Times
Michael Francis, who was handpicked by Chief Executive Ron Johnson, left the company Monday, the company announced in a news release. Francis, a former Target Corp. executive, was brought in by Johnson in October to take over merchandising …

Brooks Told Cameron News Corp. Was in It Together With Tories – Bloomberg
News Corp. executive Rebekah Brooks told David Cameron before he became U.K. prime minister that her company was in it together with him in 2009, the week after its Sun newspaper switched its support to his Tory party. I m so rooting …

Klein gives up role in News Corp hacking probe – Boston Globe
NEW YORK Former U.S. assistant attorney general Joel Klein is relinquishing his role as head of News Corp.’s internal probe into phone hacking at its British newspaper unit. He is surrendering the duties to Gerson Zweifach, a company lawyer.