IN BRIEF
HARRISBURG — U.S. Sen. Arlen Specter says Pennsylvania will get $26.4 million of the $8 billion in federal stimulus money that President Barack Obama plans to award for development of high-speed rail corridors.
Specter, D-Pa., announced the state's share this morning.
Most of the money will pay for improvements along the Keystone Corridor linking Harrisburg and Philadelphia, including the elimination of the last three public grade crossings to enhance safety. It also will finance a $750,000 study into the potential extension of the corridor west from Harrisburg to Pittsburgh.
Obama plans to announce details of the high-speed rail grants in Florida on Thursday.
NEW YORK — Pharmaceutical company Eli Lilly and Co. said Thursday it turned a fourth-quarter profit after recording a loss in 2008 following the buyout of cancer drug maker ImClone Systems.Sales of Lilly's top-selling drug, the antipsychotic Zyprexa, climbed 19 percent to $1.37 billion, while the second-best seller, the antidepressant Cymbalta, saw sales rise 15 percent to $830.8 million.
NEW YORK — Motorola says cost cutting and better results in its mobile phone division led the company to turn a profit in the latest quarter.The company has been looking to reverse the decline of its cell phone business with new "smart" phones based on Google's Android mobile software. Two new phones — the Cliq and the Droid — went on sale in the fourth quarter.Motorola showed strong sales of the new phones, shipping 2 million units. Overall cell phone sales were lower than expected at 12 million units. Motorola earned $142 million, or 6 cents per share.