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Business news in brief

In the Region

Unisys names interim CEO

Unisys Corp., the Blue Bell computer services and systems company, said it named chief financial officer Janet Haugen as interim chief executive officer, and director Paul Weaver as interim chairman. The company is conducting a search to replace former chairman and CEO J. Edward Coleman, who was ousted last month after a six-year tenure. The interim appointments are effective next Tuesday, the company said. Shares closed up nine cents, at $26.86, before the announcement. - Reid Kanaley

AirClic sold for $29.7 million

Descartes Systems Group, a logistics software company based in Waterloo, Ontario, said it paid $29.7 million to acquire Trevose-based AirClic Inc., which automates bar-code reading and bill-paying for industrial shippers and other clients onto handheld phones, using the cloud-based Perform platform. There was no immediate comment on Descartes' plans for the AirClic office and staff. Besides Trevose, AirClic has operations in Owings Mills, Md., and Reading, England. AirClic investors include JMI Equity, New Venture Partners, and Zon Capital Partners. - Joseph N. DiStefano

Green leaving Pepper Hamilton

Pepper Hamilton L.L.P. said its CEO, Scott Green, will leave the law firm after nearly three years of overseeing its business operations. The appointment of Green drew wide notice when it was announced in February 2012 because it made Pepper one of the few law firms in the nation run by a nonlawyer. Green, a Harvard MBA and a CPA, had served in various roles at Goldman Sachs and Deloitte Touche, and had been executive director of the WilmerHale law firm before joining Pepper Hamilton. Pepper Hamilton said the firm had enjoyed three years of unprecedented revenue and profit growth during Green's tenure, and gave no reason for his departure, noting only that his contract was up at the end of 2014. - Chris Mondics

New U.S. Steel headquarters

U.S. Steel Corp. announced it would build its new world headquarters in Pittsburgh as part of the NHL Penguins' redevelopment of the former Civic Arena site. Company, team, city, and state officials made the announcement Monday. The steel giant has been in talks with local leaders about whether to remain in Pittsburgh, as the current headquarters in the 64-story U.S. Steel Tower - downtown Pittsburgh's highest building - has shrunk in recent years as other tenants have occupied more space in that building. The Penguins reached an agreement last fall with local officials about the scope of the $440 million redevelopment. - AP

Delaware banker sentenced

The founder and former CEO of MidCoast Community Bank Inc. in Delaware was sentenced to two years in prison after pleading guilty to bank fraud and money laundering charges, the U.S. Attorney's Office in Wilmington said. The Wilmington News Journal said James A. Ladio, 58, was the first person to be sentenced in a three-year probe of the fall of Wilmington Trust Co. Prosecutors said Ladio recruited two customers of his own bank to take out loans, then to relend the money privately to Ladio. Ladio needed cash to repay Wilmington Trust loans that were part of a "loan-swap" arrangement between Ladio and a Wilmington Trust manager. The manager, Brian D. Bailey, was charged in February with bank fraud. - Reid Kanaley

Borgata gaming site launched

California's Pala Indians have launched their Internet gambling site in New Jersey following a test period last week, becoming the first tribe to do so in the state. The Pala Band of Mission Indians received permission late Friday from New Jersey gambling regulators for a full launch of the website in a partnership with Atlantic City's Borgata. PalaCasino.com started taking bets Saturday morning, said Jim Ryan, CEO of Pala Interactive, the tribe's Internet gambling arm. - AP

Elsewhere

Honda admits reporting failure

Honda Motor Co. is admitting that it failed to report more than 1,700 injury and death claims about its vehicles to U.S. safety regulators, a violation of federal law. The Japanese automaker, in statements issued Monday, also said it became aware of the omissions in 2011, yet it took about three years to take action. The company said it filed documents detailing the lapses on Monday with the National Highway Traffic Safety Administration. The agency has said Honda may have failed to report incidents related to air bags made by Takata Corp. as well as other defective parts. Honda has recalled more than five million vehicles in the United States since 2008 to fix a potentially fatal defect in air bags made by Japanese auto supplier Takata. The air bag inflators can rupture after a crash and injure occupants with shards of metal. - AP

United Technologies CEO out

Aerospace and building systems giant United Technologies Corp. announced the abrupt retirement of CEO Louis Chenevert, and named chief financial officer Greg Hayes to succeed him. Chenevert, 56, is also stepping down as chairman. He had been appointed to both jobs in 2008. He steered United Technologies' $18.4 billion purchase of aerospace parts maker Goodrich Corp. in 2012. Edward A. Kangas, lead independent director, has been elected nonexecutive chairman of the board. Hayes has been with United Technologies for 25 years. - AP