Business news in brief

Pennsylvania utilities, regulators and law enforcement officials on Monday announced a media campaign to raise awareness about criminals posing as utility workers to gain access to homes. The Keystone Alliance to Stop Utility Imposters urges customers to closely check identification from anybody claiming to be a utility worker. It is rare for utility workers to show up at homes without an appointment. "Sadly, the number of incidents of imposters posing as legitimate utility workers is increasing," said State Rep. Mike Regan (R., York), who sponsored a resolution declaring June 8-12 as "Utility Imposter Awareness Week" in Pennsylvania. - Andrew Maykuth

Norfolk Southern Corp. touted its safety efforts in transporting crude oil in a letter to Gov. Wolf, but the railroad suggested it may file a legal challenge over some recent federal safety rules. Following the issuance of new rules by the U.S. Department of Transportation on May 8, "Norfolk Southern is still considering its legal options," the company's CEO C.W. Moorman said in a letter delivered to Wolf on Monday. Like other railroads, Norfolk Southern was particularly "disappointed" with new rules on brakes that the railroad said would produce "little safety benefit," Moorman said. - Paul Nussbaum

PPL Corp. in Allentown on Monday completed the spinoff of its competitive energy business, which was combined with the power generation assets owned by Riverstone Holdings to form a new merchant power producer called Talen Energy Corp. The new company's shares will begin trading Tuesday on the New York Stock Exchange under the symbol TLN. New Jersey officials have been wooing Talen's management to move the new company's headquarters from Allentown to Phillipsburg, 20 miles to the east. Shorn of its power-generation assets, PPL now will be solely focused on regulated utilities in the United States and Great Britain. - Andrew Maykuth

Delaware Investments, a Center City money manager with $180 billion in assets under management and 486 employees here, has a new president. Shawn Lytle started Monday, replacing Patrick Coyne, whose retirement was announced in February. Lytle was at UBS Global Asset Management for 13 years. The Australia-based Macquarie Group bought Delaware Investments in 2010 from Lincoln Financial Group for $428 million. Macquarie also said Ben Bruck, chairman of Delaware Investments and global head of Macquarie Investment Management, has relocated to Philadelphia from Sydney. - Harold Brubaker

Ferrellgas Partners, L.P., announced it will acquire Dallas-based Bridger Logistics L.L.C., a crude-oil transporter that supplies about a third of the petroleum consumed at the Monroe Energy L.L.C. refinery in Trainer, Pa. Ferrellgas, a propane distributor best known for its Blue Rhino brand of bottled gas, will pay $837.5 million for Bridger. Bridger owns and operates midstream assets, providing crude oil transport by road, rail and water to end markets across North America. Bridger last year signed a five-year agreement to supply 65,000 barrels of domestic crude oil a day to the Monroe Energy refinery, which is owned by Delta Air Lines. - Andrew Maykuth

Chevron Appalachia has agreed to pay a nearly $940,000 fine levied by the Pennsylvania Department of Environmental Protection over a natural-gas well explosion and fire that killed a contractor. Last month, Chevron agreed to pay $5 million to settle a wrongful death lawsuit filed by the family of the worker, 27-year-old Ian McKee. - Associated Press

Teva Pharmaceutical Industries Ltd. needs to make clear whether it will make a formal, binding offer to buy Mylan NV or not, Mylan's executive chairman said in a letter. "It is time for Teva and its board to stop playing games with our company, its business, mission and strategy and its stakeholders," Mylan executive chairman Robert Coury wrote to Teva chief executive officer Erez Vigodman. Teva proposed buying Mylan for $40.1 billion in cash and stock on April 21 in a public letter. Mylan rejected that offer, saying that it preferred to go ahead with its attempt to buy drugmaker Perrigo Co. for $32.7 billion. No immediate response from Teva was available, but in earlier correspondence, Teva had indicated its intent to pursue the acquisition.
- Bloomberg News

Southwest Airlines Co. said it will cap growth in 2015 seating capacity at 7 percent, backing off a plan last month to expand as much as 8 percent that helped send U.S. carriers' shares plunging. "We don't want to grow 8 percent, we're not going to grow 8 percent, and we can easily trim the schedule to stick to 7 percent" expansion of available seat miles, Chief Executive Officer Gary Kelly said. - Bloomberg News

A small group of doctors accounted for a large chunk of Medicare payments once again, data released Monday by the U.S. government show. Medicare paid at least 3,900 individual health-care providers at least $1 million in 2013, according to a Bloomberg analysis of data from the Centers for Medicare & Medicaid Services. - Bloomberg News