Saturday, February 28, 2015

Business

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ATHENS, Greece (AP) - Greece intends to start discussions with its creditors on debt rescheduling in order to make the country's massive debt sustainable, at the same time as working on reform measures that need to be cemented by April, the finance minister said Saturday.
TRENTON, N.J. (AP) - Motorists are seeing sharply higher prices at the pumps in New Jersey.
Acknowledging the popularity of ride-sharing services such as Uber and Lyft, the Philadelphia Parking Authority said it plans to require better taxicab service in the city.
South Jersey Industries Inc., the Folsom utility and energy company, reported a 7 percent increase in 2014 earnings despite taking a hit over the Revel Casino Hotel bankruptcy.
The Street: Both users and app developers are becoming aware of the need for establishing protocols to follow upon death or disability for use on Facebook, Twitter, Instagram and other social media accounts.
NEW YORK (AP) - Apparently Google bloggers like to post porn. A lot.
In the Region Quaker sales up 5 percent Quaker Chemical Corp., of Conshohocken, reported a 5 percent gain in fourth-quarter revenue to $194 million...
NEW YORK (AP) - Uber says a database containing the names and drivers' license numbers of 50,000 of its drivers was breached in May.
The University of Pennsylvania Health System has moved a step closer to acquiring Lancaster General Health, a $1 billion health-care system anchored by a 533-bed hospital in downtown Lancaster.
Kevyn Orr, the restructuring expert appointed by Gov. Christie to help stabilize Atlantic City's finances, told Bloomberg News that it would be inappropriate for him to talk about whether Atlantic City was a "shoo-in" for bankruptcy.
NEW YORK (AP) - What if cauliflower got the same type of marketing firepower as candy bars and potato chips?
HUNTINGTON BEACH, Calif. (AP) - At a taco shop in Southern California, milkshakes are served in mason jars and a chalkboard menu lists "The 1%er" made with lobster meat.
ATLANTA (AP) - Georgia lawmakers may eliminate a tax break for all airlines buying jet fuel at the world's busiest airport.
ATLANTA (AP) - Georgia lawmakers may eliminate a tax break for all airlines buying jet fuel at the world's busiest airport.
DALLAS (AP) - Freezing rain that coated parts of Texas and Oklahoma for the second consecutive day left highways slick and forced the cancellation of another 1,000 flights Saturday at Dallas-Fort Worth International Airport, one of the nation's biggest airline hubs.
OMAHA, Neb. (AP) - Berkshire Hathaway Inc. said Saturday that its fourth quarter profit slid 17 percent because of declines in the paper value of its investments and derivative contracts.
BEIJING (AP) - China's central bank cut interest rates for the second time in three months Saturday, adding to signs the country's leaders are worried the economic slowdown is deepening too sharply.
PALM BEACH, Florida (AP) - Republican Sen. Ted Cruz of Texas told an influential anti-tax group Friday that he opposes Common Core education standards, a day after potential GOP presidential rival Jeb Bush endorsed the program.
LONG BEACH, Calif. (AP) - Gas prices are soaring in California in a classic example of supply and demand after an explosion stopped gasoline production at an Exxon Mobil refinery while another remains offline due to labor unrest.
Gov. Wolf on Friday joined a chorus of officials pressuring the federal government to improve oil-train safety, and urged the government to reduce the volatility of North Dakota crude oil, which has been implicated in several recent fiery accidents.

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